EXTREME VISION (06636) Expects Mid-Term Adjusted Net Profit of Up to Approximately RMB 6 Million, Turning Loss into Profit Year-on-Year

Stock News07-27

EXTREME VISION (stock code: 06636) has released an announcement. The group expects to achieve a revenue of approximately RMB 153.4 million to RMB 165.2 million for the six months ending June 30, 2026 (the reporting period), representing a year-on-year growth of approximately 160% to 180% compared to the same period in 2025. It is also expected to record an adjusted net profit (non-IFRS measure) of up to approximately RMB 6 million for the reporting period, compared to an adjusted net loss (non-IFRS measure) of approximately RMB 30 million to RMB 35 million for the same period in 2025.

Due to the impact of adjustment items such as share-based compensation expenses and listing expenses, the group anticipates a net loss of approximately RMB 38 million to RMB 44 million for the reporting period, compared to a net loss of approximately RMB 40 million to RMB 45 million for the same period in 2025.

Revenue Growth Drivers

The increase in revenue is primarily due to the rapid commercialization of the group's large model solutions business. During the reporting period, revenue from large model solutions is expected to exceed RMB 80 million, a significant increase from RMB 1.9 million in the same period of 2025 (a year-on-year growth of over 4,110%). This is gradually becoming a key source of revenue growth for the group.

AI Industry Development and Strategic Focus

During the reporting period, the group continued to seize opportunities in the development of the artificial intelligence (AI) industry. Leveraging its accumulated expertise in visual AI technology, it accelerated the development and commercialization of visual large models, multimodal large models, and enterprise-level intelligent agent solutions. The group persistently increased investment in AI computing resources, model capabilities, and intelligent agent application platforms, enhancing the product capabilities and large-scale delivery capabilities of large model solutions. These efforts drove the application of related solutions in key industries such as smart manufacturing, smart transportation, and smart energy.

Business Structure Optimization and Profitability Improvement

As the commercialization of large model products progresses, the proportion of revenue from large model solutions relative to total revenue has significantly increased. This has driven the optimization of the group's business structure and improved the quality of revenue growth. The improvement in adjusted net profit (non-IFRS measure) is mainly attributed to the substantial revenue growth during the reporting period, particularly the rapid development of the large model solutions business. By continuously advancing the productization and standardization capabilities of AI solutions, the group has enhanced the delivery efficiency of large model-related products and solutions, leading to an optimized revenue structure and improved gross profit margins, thereby further boosting the group's overall profitability.

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