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On August 12, during Tencent's Q2 2026 earnings conference call, Tencent's Chief Strategy Officer James Mitchell commented on the profit performance of Tencent's AI cloud business, stating that the domestic Token prices are indeed very low, but the production costs of Tokens in China are also extremely low, far below the general perception and estimates outside. Therefore, even with low prices, the Token business can maintain a positive gross profit. He mentioned that the gross profit margin for paid users of WorkBuddy, as well as for Tencent's model services, is already comparable to the overall gross profit margin of Tencent Cloud. However, the overall gross profit margin for WorkBuddy is relatively lower due to a portion of free users; Tencent uses this segment to subsidize users to drive market share growth, but the paid section has already generated quite a good gross profit margin. (Jiemian).