State Power Rixin Technology Co.,Ltd. has released its semi-annual report for 2026, revealing operating revenue of 350 million yuan in the first half of 2026, a 9.66% year-on-year increase. Net profit attributable to shareholders of the listed company reached 70.12 million yuan, surging 52.52% compared to the same period last year. Deducting non-recurring gains and losses, net profit attributable to shareholders was 51.1329 million yuan, up 17.59% year-on-year.
State Power Rixin Technology disclosed that in the first half of 2026, it continued to deepen the core application of its "Kuangming AI intelligent system plus energy sector applications," leveraging technological innovation to build comprehensive energy data services and operational management solutions. This accelerated the deployment and value extraction of AI-driven new productive forces within the energy service industry.
In the integrated energy services sector, State Power Rixin Technology utilized massive multidimensional data as its foundation, deeply integrating the Kuangming AI intelligent system to achieve intelligent services and refined operations across various new energy scenarios. While continuously iterating its technical services, application systems, and platform capabilities in areas like power trading, energy storage, and microgrids, the company enhanced its operations and maintenance service capabilities through a capital increase and acquisition of a controlling stake in Sanas Intelligent (Qingdao) Electric Power Co., Ltd. This move established a closed-loop asset service integrating operations and maintenance for the company.
Furthermore, State Power Rixin Technology, via its wholly-owned subsidiary Rixin Hongsheng, steadily advanced the investment layout and operational deployment of distributed photovoltaic and independent energy storage projects. This accelerated the formation of an integrated service model where "data strategy services synergize with physical asset operations."
In its new energy power generation forecasting business, the number of power stations served by State Power Rixin Technology saw a net increase of 298 stations compared to the beginning of the year. Financial reports show that by the end of the first half of 2026, the total number of new energy power stations using the company's power forecasting services reached 6,327.
Concurrently, benefiting from a higher proportion of revenue from power forecasting service fees and an optimized business structure, the comprehensive gross margin of State Power Rixin Technology's power forecasting business rebounded in the first half of 2026. The gross margin for this segment reached 73.12%, an increase of 11.54 percentage points compared to the same period last year.
In terms of innovative products, revenue from this category reached 26.3421 million yuan in the first half of 2026, a 62.96% year-on-year increase. Revenue from innovative products accounted for 7.49% of the company's total operating revenue, a rise of 2.45 percentage points from the prior year. Within this, revenue from power trading products was 7.2935 million yuan, up 57.27% year-on-year, representing 27.69% of the company's total innovative product revenue.
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