MEITU (01357) saw its shares rise more than 18% during the trading session. At the time of writing, the stock was up 16.23%, trading at HK$4.87 with a turnover of HK$664 million.

On the morning of May 6, MEITU announced that, as of March 2026, the number of paying subscribers exceeded 17.9 million, representing a year-on-year increase of 30.2%. Among these, paying subscribers from productivity applications grew 52.9% year-on-year to 2.34 million, while paying subscribers from lifestyle applications increased 27.4% year-on-year to 15.56 million.

In the first quarter of this year, the revenue from the group's core business—image and design products (unaudited)—maintained strong growth momentum, rising 34.3% year-on-year to RMB 852 million. Other business segments remained generally stable.

Within the image and design product segment, first-quarter revenue from productivity applications grew 45.4% year-on-year, accounting for approximately 18% of total image and design product revenue. Revenue from lifestyle applications increased 35.5% year-on-year, making up 82% of image and design product revenue.

As of March 2026, the Annual Recurring Revenue (ARR) from AI productivity applications reached approximately RMB 580 million, a year-on-year increase of 56.2%.