JIUTAI DIGITAL Reports Interim Results: Revenue Surges 76.79% to RMB 122 Million

Stock News08-31

JIUTAI DIGITAL (06918) has announced its interim results for the six months ended June 30, 2026, revealing a substantial 76.79% year-on-year increase in revenue to RMB 122 million. However, the loss attributable to the company's owners widened to RMB 64.408 million, representing a significant 328.36% surge compared to the same period last year, with a loss per share standing at RMB 7.7 cents.

The group attributed the robust revenue growth primarily to expansion within its intelligent model car segment, alongside the introduction of a new comprehensive financial services business unit that delivered high-margin earnings. To bolster long-term competitiveness and enhance research and development capabilities, the company acquired a series of software copyrights during the reporting period. These assets mainly encompass management systems for intelligent toy electric remote control cars, intelligent vehicle navigation systems, and driving data management systems.

The newly acquired software copyrights enable the group's diverse product lines to achieve real-time electronic control, smart route planning, and telemetry data tracking. By integrating these advanced technologies into its branded "Qisida" and co-branded wireless remote control car offerings, the company aims to elevate user engagement, optimize product performance, and maintain a strong competitive edge within the rapidly evolving intelligent toy market.

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