[Zhipu Achieves Revenue of 954 Million Yuan in the First Half of the Year, MaaS Open Platform and API Business Account for Nearly 90%] According to Zhipu (02513)'s disclosed performance for the first half of 2026, the company achieved revenue of 954 million yuan, a year-on-year increase of nearly 400%. Among this, revenue from the MaaS open platform and API business reached 825 million yuan, a year-on-year growth of approximately 2736%, accounting for nearly 90% of total revenue. In terms of users, the number of enterprise and developer users on the Zhipu MaaS platform has exceeded 7.4 million, with Token invocation volume increasing more than 40-fold compared to the beginning of the year. On the infrastructure level, Zhipu has established large-scale inference capabilities for domestically produced chips at the 100,000-unit level, reducing unit Token inference costs by 80% compared to the beginning of the year. The company has built a complete chain of "proprietary models—domestic computing power—large-scale applications" and enhanced intelligence and cost efficiency through GLM-5.3-Flash.