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Unisound Revenue Climbs 38.7% as Token Business Explodes by 760%

A 760% revenue surge in its token business signals a sharp pivot for Unisound, which reported total half-year revenue of RMB 562 million. By shifting from traditional project delivery to a platform-centric model, the Hong Kong-listed firm is rapidly accelerating the commercialization of its U2 large-language models.

Unisound Revenue Climbs 38.7% as Token Business Explodes by 760%
Photo: Bio & News

The company’s shift toward a platform architecture is reflected in its three core segments: Enterprise AI Services, Token Business, and Edge AI. Enterprise AI, which includes agent platforms and industry solutions, remains the primary revenue driver at RMB 478 million, a 35.7% increase over the previous year. Meanwhile, Edge AI contributed RMB 53.8 million, bolstered by a 50% rise in overseas chip shipments. This growth is supported by a customer base increasingly opting for repeat purchases, which now account for more than 60% of total revenue.

Financial discipline has accompanied this expansion. Unisound successfully reduced administrative expenses by 37.8%, redirecting those funds into research and development. This efficiency, combined with a 65% year-over-year increase in total contract value, has narrowed the net loss margin by more than 31 percentage points. With an order backlog exceeding RMB 1.5 billion and cash reserves near RMB 1.0 billion, the firm is transitioning toward a more sustainable, subscription-based revenue model. The U2 model family now ranks among the top 25 global providers, further cementing the company's move from a service-based project provider to a scalable AI platform enterprise.

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