Cheetah Mobile Inc. (CMCM) Q2 2026 Earnings Call Transcript

Hello, everyone. Thank you for joining Cheetah Mobile's Second Quarter 2026 Earnings Call. This quarter, we made further progress in changing the mix and improving the quality of our business. Our newer AI businesses are growing quickly and becoming a much larger part of the company. At the same time, our Internet services business remains profitable and is becoming more efficient. Today, I would like to focus on 3 areas. The accelerated growth of our services of cloud and AI infrastructure business, the progress we are making in robotics, especially in smart mobility, and the continued improvement in the mix and quality of our business. Cheetah Mobile now has 3 reporting segments: Internet services, Robotics and others, and Global Enterprise Services. Global Enterprise Services include services of cloud and AI infrastructure and our advertising agency services.