Range Intelligent Computing Technology Group Company Limited (300442.SZ) has released its interim results for the first half of 2026, posting a net profit attributable to shareholders of RMB 1.203 billion, up 36.43% year-on-year. The company's operating revenue reached RMB 3.746 billion during the reporting period, marking a robust 50.05% increase compared to the same period last year. Additionally, net profit excluding non-recurring items climbed 37.34% to RMB 1.206 billion.
Capitalizing on the market opportunities presented by artificial intelligence, the company has been advancing its differentiated business strategy since the start of 2026, which focuses on developing AIDC computing services domestically while expanding IDC cabinet operations overseas. The strategy has already yielded significant results across several key areas.
First, AIDC computing services have emerged as the primary growth engine. After nearly four years of strategic positioning and operational development, the company's self-owned computing capacity has reached an industry-leading scale. During the first half of 2026, revenue from AIDC computing services doubled year-on-year, with all core performance indicators now surpassing those of the traditional IDC cabinet business. This segment has firmly established itself as the central driver of corporate growth.
Second, the pace of overseas IDC park development has accelerated. Leveraging a model that combines talent deployment abroad with asset investment overseas, the company efficiently advanced infrastructure works, equipment procurement and logistics, as well as mechanical and electrical installations at its international sites during the first six months of the year. The Batam Island park is expected to deliver part of its computing center capacity within 2026, with long-term plans to expand into a gigawatt-level intelligent computing hub. Meanwhile, the Hong Kong park is projected to achieve delivery by 2028.
Third, the company's self-sustaining cash generation capabilities have been further strengthened during the period, reinforcing its financial resilience as it continues to scale operations across both domestic and international markets.
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