SHANGHAI, Oct. 3, 2025 /PRNewswire/ -- PATEO CONNECT Technology (Shanghai) Co., Ltd. (hereinafter referred to as "PATEO ", stock code: 2889.HK) released its first interim report since its IPO, showing robust improvements across key financial metrics, with gross profit growing by 38.3%.
In the first half of 2025, PATEO's revenue reached RMB 10.86 billion, a year-on-year increase of 26.2%. Gross profit amounted to RMB 1.56 billion, up 38.3% year-on-year, while the gross profit margin rose by 1.3 percentage points compared to the same period last year.
The growth in key indicators highlighted in PATEO's interim report is attributed to the company's successful high-end product strategy, enhanced core business capabilities, and industry-leading R&D strength.
PATEO's shipments of intelligent cockpit domain controllers increased from approximately 300,000 units in the same period last year to 400,000 units, of which 160,000 were high-end SoC domain controllers, further consolidating the company's competitive advantage in the high-end intelligent cockpit sector.
The strengthening and improvement of the company's core business capabilities resulted in two key areas of steady growth in the interim report: revenue from smart cockpit solutions reached RMB 1,039.6 million, a year-on-year increase of 25.9%; and revenue from connected services reached RMB 44.2 million, a year-on-year increase of 37.9%.
The interim report shows that PATEO Automotive's R&D expenditure increased by 17.4% year-on-year, and PATEO ranked first among domestic smart cockpit and connected service solution providers in terms of the number of registered invention patents. As of June 30, 2025, the company had been granted 1,785 patents, 935 of which were invention patents. During the same period, PATEO Automotive had applied for 6,088 patents, 5,026 of which were invention patents, accounting for approximately 82.6% of its total patent applications.
Coinciding with its successful listing on the Hong Kong stock market, PATEO also jointly announced with the Porsche brand a collaboration to develop a new generation of in-vehicle infotainment systems tailored for the Chinese market.
As Chairman Ying Zhenkai (also known as Ying Yilun) stated in the company's semi-annual report, "PATEO has achieved fruitful results through deepening collaboration across the upstream and downstream supply chains of its core businesses, with outstanding performance from high-end products, steady progress in overseas business, and significant growth in revenue." These steadily growing financial figures, combined with the company's clear growth trajectory and focus on the market, promise to deliver even more compelling returns to investors.
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
Revenue and Profit Rise: PATEO's Interim Report Shows 38.3% Gross Profit Growth
LAS VEGAS, Jan. 17, 2026 /PRNewswire/ -- At CES 2026, Flowtica was not the loudest presence on the show floor. Over the course of the week, however, the Singapore-based AI company became one of the most closely watched, drawing sustained attention from media, investors, and industry observers.
That attention has now translated into availability. Following its appearance as a CES 2026 Innovation Award Honoree, Flowtica has officially opened sales of Flowtica Scribe, its AI recording pen that quietly stood out in a field dominated by phone-dependent and screen-heavy solutions.
Flowtica Scribe did not make its first public appearance at CES. The product launched on Kickstarter several months earlier, where it attracted thousands of users and established early validation. CES marked a different stage for the company. The focus shifted away from introduction and toward closer examination, with many observers asking whether the idea could hold up beyond early enthusiasm.
Throughout the exhibition, Flowtica's booth at Eureka Park became a steady meeting point for investors and journalists. Conversations rarely centered on specifications or feature lists. Instead, discussions focused on a more fundamental question: whether AI recording tools are beginning to converge on forms that genuinely fit into professional life.
Flowtica's answer was visible in its choice of form. By embedding AI into a pen, an object already accepted in boardrooms, consultations, investor meetings, and sales conversations, the company avoided many of the social and practical frictions that continue to limit phone-based recorders. The result was a device that felt less like a new category of gadget and more like a natural extension of existing behavior.
This restraint is deliberate. Flowtica Scribe is designed to remain unobtrusive, with no screen and no demand for user attention during conversations. Recording, organization, and interpretation take place quietly in the background, allowing users to remain focused on the discussion itself. Among on-site observers, this approach positioned Flowtica as one of the more pragmatic entrants in an increasingly crowded AI recording market.
Hardware, however, represents only part of Flowtica's differentiation. The company places equal emphasis on what happens after recording ends. Its AI functions as a continuously evolving insight system that can operate autonomously while remaining responsive to clear user guidance when needed. Over time, it adapts to individual working rhythms and priorities, shifting the emphasis from capturing everything to identifying what truly matters.
Rather than simply storing conversations, Flowtica helps determine which moments should be retained, revisited, and translated into next actions. Key insights are designed to integrate naturally with existing productivity tools, including calendars and task systems, allowing them to fit into established workflows rather than compete with them.
As interest in Flowtica Scribe built during CES, one question surfaced repeatedly. When would the product be available beyond the show floor?
With sales now officially open through Flowtica's website, the company moves from exhibition attention to real-world deployment. For Flowtica, this moment appears less like a conclusion and more like a transition, from being observed to being used.
As the AI recording market continues to mature, competition is shifting away from novelty and early adoption toward durability. The defining question is no longer whether a system can record conversations, but whether it can remain useful over time.
Flowtica enters this next phase with an approach that is measured and quietly confident, placing its bet not on spectacle, but on long-term relevance.
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
The AI Recording Pen That Turned Heads at CES Is Finally for Sale
