Baidu stated that it has no plans for additional share issuance or placement, as its existing funds and operating cash flow are sufficient to support business development. As of the end of the second quarter, Baidu's total cash and investments reached RMB 283.1 billion, with its operating cash flow remaining positive for four consecutive quarters. The efficiency of capital utilization and commercialization capabilities in AI investments have been validated. Meanwhile, Baidu's AI cloud infrastructure revenue grew by 50% year-on-year, while GPU cloud revenue surged by 283% year-on-year. AI business revenue now accounts for half of its general business revenue.