Lingyi Zhao

Rui Yin

Jing Han Zhang

Yunda Zhang

- **Net loss significantly narrowed by 95%** year over year to **RMB 4.8 million** in the **first half of 2025**, down from RMB 95.9 million in the same period last year.  **[1779476_2159027_1]** **[1779476_2159027_7]** 
- Despite a decrease in total revenue to **RMB 93.2 million** in the **first half of 2025**, **gross profit increased by 11% to RMB 50.7 million**, with the gross profit margin rising to **54.4%**.  **[1779476_2159027_6]** 
- The company achieved substantial cost management, with **operating expenses decreasing by 52.3% to RMB 55.9 million** in the **first half of 2025**.  **[1779476_2159027_6]** 
- Key operational achievements include reaching **over 36.57 million followers** and a **52% year-over-year increase in revenue from Internet clients** in the **first half of 2025**.  **[1779476_2159027_1]** **[1779476_2159027_3]** 
- 36Kr is actively integrating AI, launching products like "36Kr Corporate Omni Intelligence" which covers **over 7,800 public companies**, and **predicts profitability by the end of 2025**.  **[1779476_2159027_4]** **[1779476_2159027_8]** **[1779476_2159027_9]**

36Kr Holdings Reports Narrowed Net Loss and Increased Gross Profit for First Half 2025

- 36Kr Holdings Inc. reported a **net loss of RMB4.8 million (US$0.7 million)** for the first half of 2025, representing a **95% decrease** from the RMB95.9 million net loss in the same period of 2024.  **[1779476_0001104659-25-093519_tm2526847d1_ex99-1.htm:0]** **[1779476_0001104659-25-093519_tm2526847d1_ex99-1.htm:2]** 
- Total revenues for the first half of 2025 were **RMB93.2 million (US$13.0 million)**, compared to RMB102.4 million in the same period of 2024.  **[1779476_0001104659-25-093519_tm2526847d1_ex99-1.htm:0]** **[1779476_0001104659-25-093519_tm2526847d1_ex99-1.htm:1]** 
- The company's gross margin increased by **10 percentage points to 54.4%** in the first half of 2025, up from 44.4% in the same period of 2024, primarily driven by savings in payroll-related costs.  **[1779476_0001104659-25-093519_tm2526847d1_ex99-1.htm:0]** **[1779476_0001104659-25-093519_tm2526847d1_ex99-1.htm:1]** 
- Operating expenses decreased significantly by **52.3% to RMB55.9 million (US$7.8 million)** in the first half of 2025, from RMB117.0 million in the prior year period, due to strategic cost-management actions including targeted workforce reductions.  **[1779476_0001104659-25-093519_tm2526847d1_ex99-1.htm:0]** **[1779476_0001104659-25-093519_tm2526847d1_ex99-1.htm:1]** **[1779476_0001104659-25-093519_tm2526847d1_ex99-1.htm:2]** 
- The number of followers across the company's platforms reached **36.6 million** as of June 30, 2025, an increase of **9.9%** from 33.3 million as of June 30, 2024.  **[1779476_0001104659-25-093519_tm2526847d1_ex99-1.htm:0]**

36Kr Holdings Inc. Reports Unaudited Financial Results for First Half of 2025

- **36Kr Holdings Inc.** shareholders approved an increase in the company's total authorized share capital from **US$500,000** to **US$100,000,000** at an Extraordinary General Meeting held on **September 8, 2025**.  **[1779476_0001410578-25-002241_tm2525877d1_ex99-1.htm:0]** 
- Following this increase, the authorized share capital was re-designated into **1,000,000,000,000** ordinary shares, comprising Class A, Class B, Class C, and undesignated shares.  **[1779476_0001410578-25-002241_tm2525877d1_ex99-1.htm:0]** **[1779476_0001410578-25-002241_tm2525877d1_ex3-1.htm:0]** **[1779476_0001410578-25-002241_tm2525877d1_ex3-1.htm:5]** 
- The newly structured share classes have differentiated voting rights: Class A Ordinary Shares carry **one (1) vote**, Class B Ordinary Shares carry **twenty-five (25) votes**, and Class C Ordinary Shares carry **one hundred (100) votes** per share.  **[1779476_0001410578-25-002241_tm2525877d1_ex3-1.htm:23]** 
- Shareholders also approved the adoption of the fourth amended and restated memorandum and articles of association, effective immediately.  **[1779476_0001410578-25-002241_tm2525877d1_ex99-1.htm:0]** **[1779476_0001410578-25-002241_tm2525877d1_ex3-1.htm:0]**

36Kr Holdings (KRKR)