Meitu (01357) announced interim results. Profit attributable to shareholders of 619 million yuan increased 40% year-on-year, and monthly active users (MAU) reached a record high

According to the Zhitong Finance App, Meitu (01357) announced interim results for the six months ended June 30, 2026, with revenue of 2,213 billion yuan (RMB, same below), up 22.1% year on year; gross profit of 1,581 billion yuan, up 15.9% year on year; profit attributable to shareholders of 619 million yuan, up 40% year on year; basic profit per share of 0.14 yuan; proposed to distribute an interim dividend of HK$0.067 per common share.

Productivity applications showed strong growth in the six months ended June 30, 2026, with monthly active users (MAU) reaching a record high of 33 million in June. Among them, markets outside mainland China grew rapidly, and MAU grew by more than 80% year on year.

As of June 2026, the annual recurring revenue (ARR) (1) for AI productivity applications grew further to approximately RMB 620 million. Among them, ARR at the start of production and Vmake Labs increased by two and three times over the same period last year, respectively. Furthermore, the total consumption of AI computing power points by users achieved a month-on-month increase of more than 46% in the first and second quarters of 2026, and the growth rate further accelerated in the second quarter, reflecting the continued deepening of users' use of AI visual creative workflows.

Furthermore, Alibaba's subscribers have exercised their rights under the convertible bond subscription agreement (subscription agreement) between Alibaba's subscribers and the Company on May 20, 2025 to nominate Mr. Jin Qin (Mr. Jin) as a non-executive director.

Based on this, on the recommendation of the Nomination Committee, the Board of Directors announced that Mr. Jin was appointed as a non-executive director at the end of the board meeting held on August 26, 2026.