Under the inspiring theme of "Marching Forward with Courage and Resilience · Boundless Horizons," iFLYTEK held its 2025-2026 annual meeting in Hefei. During the event, Chairman Liu Qingfeng and President Wu Xiaoru took stock of the company’s operational achievements in 2025 and charted the strategic course for 2026. In 2025, iFLYTEK’s operating cash inflow surpassed 27 billion yuan, with overseas revenue exceeding 1 billion yuan. The product segment delivered exceptional performance, securing significant breakthroughs in both industry applications and international markets, further cementing its three key national strategic positions. Despite constraints in computing power resources, the team successfully tackled major technical hurdles, boosting training efficiency. The Spark X2, launched on February 11, underwent a comprehensive upgrade, demonstrating remarkable implementation results across diverse fields. iFLYTEK remains committed to a differentiated development path and is constructing an open ecosystem architecture. In 2026, the company will roll out four major internal initiatives, including the formation of a Change Management Committee, which will foster the creation of numerous "super teams." On the evening of February 12, iFLYTEK announced that its application for a private share placement had received approval from the Shenzhen Stock Exchange, with plans to raise 4 billion yuan to bolster its development. By the close of trading on February 13, the company’s market capitalization stood at 132.1 billion yuan.