According to the news from the Zhitong Financial APP, on August 30, Vobile Group (03738) released its mid-term performance report for 2024. The announcement shows that the company achieved a total revenue of 1.18 billion Hong Kong dollars in the first half of the year, a year-on-year growth of 18%; the net income reached 46.32 million Hong Kong dollars, a year-on-year increase of 37%; and the gross margin reached 43%, an increase of 4 percentage points. In the first half of the year, the company continued to increase its investment in the research and development field, with research and development expenses reaching 0.14 billion Hong Kong dollars, a year-on-year increase of 50%.

In recent years, Vobile has continued to increase its investment in AI strategy. The company's research and development center built in Florida, USA has been in operation for three years, making progress in various technology research and development fields. With the increasing copyright disputes and lawsuits between content copyright holders and large model creators, the industry pays more and more attention to copyright issues related to training data, and the proper resolution of copyright issues has become the key to the business implementation of generative AI. Vobile, as a rare Hong Kong stock company that can fully participate in the AI ecosystem, has attracted market attention, and its stock price has risen by more than 22% in the past two weeks, showing strong momentum.