Wanxing Technology 2025 Annual Performance Exchange Conference: Optimistic about the New Growth of Token Economy Recently, AIGC Software A-share listed company Wanxing Technology held its 2025 annual performance exchange meeting in Shenzhen, with more than 20 institutional investors and analysts including CITIC Securities attending. At the meeting, the chairman of the company, Wu Taibing, stated that Wanxing Technology continues to deepen its main business in digital creative software and firmly promotes the "mobile+AI" dual engine strategy. On the one hand, it consolidates the product and technology foundation, and on the other hand, represented by Wanxing Drama Factory, a tool for creating comics, it actively lays out in emerging fields. Under the wave of AI, the cost of the software industry is undergoing profound changes. The management is optimistic about the outbreak of the token economy and believes that the revenue model centered on token consumption will become an important growth driver. At the same time, the company pays attention to the impact of business model optimization on costs, establishes an A/B testing system for product pricing, and optimizes the model call structure through "dual-mode drive" to improve the overall gross profit margin. At present, AI functions have formed a stable commercial revenue source, and in the future, more products will evolve towards "AI native applications". Financial data shows that in 2025, the company's annual revenue was 1.533 billion yuan, a year-on-year increase of 6.46%, and the net profit attributable to the parent company decreased by 44.19% year-on-year, indicating a steady improvement in operating quality.