Shanghai,, October 3, 2025 / Prnewswire / – Pateo Connect Technology (Shanghai) Co., Ltd. (hereinafter referred to as “Pateo”, Stock Code: 2889.HK) has published its first interim report since its IPO, showing robust improvements between the main financial measures, with gross growth of 38.3%.
In the first half of 2025, Pateo’s revenues reached 10.86 billion RMB, an annual sliding increase of 26.2%. The gross profit amounted to 1.56 billion RMB, up 38.3% in annual shift, while the gross profit margin increased by 1.3 percentage points compared to the same period last year.
The growth of key indicators highlighted in the Pateo interim report is attributed to the successful high -end product strategy, improved basic commercial capacities and advanced R&D force.
The Pateo Speeds of Intelligent Cockpit Domain Controllers rose from around 300,000 units during the same period last year to 400,000 units, including 160,000 high -end SOC domain controllers, more consolidating the competitive advantage of the company in the high -end smart cockpit sector.
The strengthening and improving the main business capacities of the company have led to two key areas of regular growth in the interim report: the income from intelligent cockpit solutions reached 1,039.6 million RMB, an annual sliding increase of 25.9%; And the income from the connected services reached 44.2 million RMB, an increase in annual sliding of 37.9%.
The interim report shows that Pateo Automotive R&D expenses increased by 17.4% in annual sliding, and Pateo first ranked among the suppliers of intelligent cockpit and service solutions in terms of upmarket in terms of number of invention patents recorded. As of June 30, 2025, the company had obtained 1,785 patents, 935 of which were invention patents. During the same period, Pateo Automotive had requested 6,088 patents, including 5,026 patents, representing approximately 82.6% of its total patent requests.
Coinciding with its successful list on the Hong Kong stock market, Pateo also jointly announced with the Porsche brand a collaboration to develop a new generation of infotainment systems in vehicles adapted to the Chinese market.
Like President Ying Zhenkai (also known as Ying Yilun) said it in the company’s semi-annual report, “Pateo has obtained fruitful results by deepening collaboration through upstream supply chains and downstream of its main activities, with exceptional performances from high-end products, stable progress in activities abroad and significant growth in income.” These constantly increasing financial figures, combined with the company’s clear growth trajectory and focus on the market, promise to provide even more convincing yields to investors.
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