QINIU (02567) rose 5% to HK$0.63 at the time of writing. In the first half of the year, the company reported revenue of RMB829 million, up 16.8% YoY, with AI-related revenue reaching RMB184 million, contributing 22.2% of total revenue. As of August 2025, QINIU's developer community exceeded 1.69 million, with new registrations growing steadily. Demand for AI inference computing power surged, and AI-related users rapidly increased to 15,000.
Notably, after 14 years in the audio-video sector, QINIU now operates three major product lines: Media Cloud, AI Cloud, and LinX Cloud. Building on its audio-video cloud foundation, the company has expanded into AI inference computing products. The launch of LinX Cloud in August marks QINIU's full cloud-to-edge AI deployment, targeting the smart hardware AI market.
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