BaiZe Shenzhou: In the fourth quarter of 2025, the total global revenue reached $1.5 billion, an increase of 33% year-on-year.

Baiji Shenzhou announced that in the fourth quarter of 2025, global total revenue reached $1.5 billion, an increase of 33% year-on-year; full-year global total revenue reached $5.3 billion, an increase of 40% year-on-year. Baiyueze's global sales in the fourth quarter reached $1.1 billion, an increase of 38% year-on-year; global annual sales reached $3.9 billion, an increase of 49% year-on-year. For the fourth quarter and full year, GAAP diluted earnings per American Depositary Share were $0.58 and $2.53, respectively; non-GAAP diluted earnings per ADS were $1.95 and $8.09, respectively. The full-year total revenue guidance for 2026 is expected to be between $6.2 billion and $6.4 billion.