Chalk (02469) achieved adjusted net profit of about 271 million yuan in the first half of the year, and the AI transformation results are promising

According to the Zhitong Finance App, Chalk (02469) announced its 2025 interim results, with revenue of about 1,492 billion yuan, net profit of about 227 million yuan, and adjusted net profit of about 271 million yuan.

The Group continues to maintain a healthy and sound financial position and has complied with a set of capital and financial policies to manage capital resources and mitigate the potential risks involved. The Group's net current assets increased from approximately RMB 830 million on December 31, 2024 to approximately RMB 1,078 million on June 30, 2025, mainly due to the increase in net current assets due to profits in 2025.

According to the announcement, the company has developed the first AI vertical model focusing on recruitment tests and put it into commercial application; based on years of unique content and product development experience, the company has successively launched intelligent teaching products such as chalk AI teachers, AI interview reviews, and AI question brush system classes based on the AI vertical model since 2024. In particular, the first innovative AI class course in the industry, the AI Question Brushing System Course, which was launched in April 2025, has shown strong market penetration capabilities that are different from traditional large class online courses. With its unique AI technical analysis capabilities, the AI Master Course can greatly improve students' learning efficiency while optimizing the company's resource usage efficiency. Compared with the live course content service provided by traditional large class classes, AI large class classes provide more efficient learning solutions based on data. As of June 30, 2025, the AI Test System Course has sold about 50,000 times and collected approximately RMB 20 million.