AINNOVATION Technology Group released its unaudited results for the six months ended 30 June 2026, highlighting a return to adjusted profitability and continued momentum in its core “AI + Manufacturing” business.
Revenue climbed 18.6 % year on year to RMB 828.98 million, driven chiefly by a 21.6 % increase in manufacturing-sector sales to RMB 675.62 million, which now represent 81.5 % of total revenue. Financial-services revenue rose 30.0 % to RMB 91.12 million.
Gross profit improved 20.0 % to RMB 293.63 million, lifting gross margin to 35.4 %, up 0.4 percentage point. Operating loss narrowed slightly to RMB 60.36 million from RMB 62.19 million. After adding back RMB 48.32 million in share-based expenses, RMB 14.23 million in acquisition-related amortisation and other fair-value adjustments, the company reported an adjusted net profit of RMB 3.19 million, versus a RMB 6.68 million adjusted loss in the prior-year period—marking its first half-year adjusted profit.
Reported net loss stood at RMB 62.84 million, broadly stable against the RMB 60.51 million loss a year earlier. Cost discipline supported margins: selling and distribution expenses fell 14.1 % to RMB 63.17 million, while their share of revenue dropped to 7.6 %. R&D spending in absolute terms edged up 4.6 % to RMB 172.10 million, but fell to 20.8 % of revenue. General and administrative costs were flat at RMB 92.20 million.
The balance sheet remained solid with RMB 718.18 million in cash and cash equivalents and no net debt. Total assets were RMB 2.01 billion, and the group held a net cash position.
During the half, AINNOVATION repurchased 2.07 million H-shares for HK$9.64 million, taking treasury shares to 10.52 million. The board declared no interim dividend. The company also disposed of 33.5 % of subsidiary Shanghai EHigher, reducing its stake to 17.5 % and reclassifying the remaining interest as a financial asset; this subsidiary is no longer consolidated.
Capital commitments at period-end were minimal at RMB 5.00 million. Borrowings fell to RMB 74.44 million from RMB 122.24 million, with interest rates ranging between 2.50 % and 3.20 %.
Management reaffirmed the “one model, one agent, two wings” strategy—anchored on industrial large-language models, enterprise-grade intelligent agents and applications in industrial software and embodied robotics—to deepen its presence in China’s manufacturing digitalisation drive while targeting sustained profitability.
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