# government subsidies

iFlytek Sees Net Profit Climb of 40–70% in 2025 as ‘Spark’ AI Model Drives Commercial Wins

iFlytek forecast 2025 net profit of Rmb785–950 million, a 40–70% increase, citing rapid deployment of its large‑model AI "Spark" and stronger government procurement. About Rmb300 million of the gain comes from non‑recurring government grants, so investors should separate one‑offs from recurring commercial momentum.