On July 31, MEITU rose 5.14% in regular trading, trading at HKD 4.48/share, with turnover of HKD 222 million.
On the news front, MEITU issued a voluntary announcement on July 30 disclosing preliminary H1 financial results that exceeded market expectations. On a non-IFRS basis, adjusted net profit attributable to equity holders is expected to grow 36% to 40% year-over-year. The company's core imaging and design product segment recorded revenue of approximately RMB 1.8 billion, representing 30.9% YoY growth. AI productivity application ARR reached approximately RMB 620 million as of June, up 47.8% YoY, with paid subscribers surpassing 18.44 million.
Notably, user AI computing credit consumption achieved over 46% quarter-over-quarter growth in both Q1 and Q2, with Q2 growth further accelerating, reflecting deepening user engagement with AI visual creation workflows. The company will formally release its interim results on August 26. Additionally, founder and CEO Wu Zeyuan has cumulatively purchased 5.58 million shares without ever selling any holdings, signaling long-term confidence.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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