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CNBC AI News, August 2nd – Ezviz Network (萤石网络) has released its first-half 2025 earnings report, revealing steady growth driven by strategic investments in technology and market expansion. The company reported total revenue of RMB 2.827 billion (approximately $395 million USD), a 9.45% year-over-year increase. Net profit attributable to shareholders reached RMB 302 million (approximately $42.3 million USD), up 7.38% compared to the same period last year.
This growth is attributed to Ezviz’s ongoing investments in technological research and development, enhanced product competitiveness, and successful expansion in both domestic and international markets.
The report highlighted a significant surge in operating cash flow, reaching RMB 330 million (approximately $46.2 million USD), a remarkable 911% increase year-over-year. This underscores the effectiveness of the company’s streamlined sales and procurement strategies.
As of the end of the first half, Ezviz’s total assets stood at RMB 8.416 billion (approximately $1.18 billion USD), a 0.75% increase, while net assets reached RMB 5.524 billion (approximately $773 million USD), up 0.55%. The intelligent home entry business emerged as a key growth driver for the company.
In the first half of 2025, Ezviz launched the proprietary Qiming AI Facial Video Lock (Y5000FVX), powered by the Blue Ocean AI model. This product deeply integrates AI technology, redefining the functionality and interactive experience of smart home entry products. The company is betting big on blending AI with home security, a potentially lucrative market as consumers demand more integrated and secure smart home solutions.
According to a report by third-party research firm, Runto Technology (洛图科技), Ezviz smart door locks ranked in the Top 4 in online market brand sales during the 618 shopping festival in June 2025. This indicates a significant enhancement in market competitiveness and brand influence, suggesting Ezviz is effectively capturing market share in the increasingly competitive smart home security sector.
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Original article, Author: Tobias. If you wish to reprint this article, please indicate the source:https://aicnbc.com/6257.html
