MINIEYE (02431) has released its interim results for the six months ended June 30, 2026, reporting revenue of RMB450 million, a year-on-year increase of 30.15%. Gross profit climbed to RMB80.529 million, up 55.61%, while the loss attributable to company shareholders widened 3.2% to RMB156 million, translating to a loss per share of RMB0.38.
During the reporting period, the group pushed forward with the development and industrial deployment of physical AI technologies, strategically orchestrating the transition from L2+ assisted driving to L4 autonomous driving while leveraging its existing technical capabilities. This approach drove steady business expansion and yielded significant progress in both domestic and international markets.
The intelligent components and solutions segment generated RMB382 million in revenue, marking a 30.7% increase and accounting for approximately 84.8% of total revenue during the period. The company has established a comprehensive portfolio of intelligent driving features within this segment, encompassing self-developed, mass-production-validated L0 to L2+ intelligent driving solutions alongside intelligent cockpit offerings. This diversified product range enables the company to accommodate varying customer requirements, delivering multiple configurations at different price points within a single vehicle model as well as tailored solutions across different platforms.
Management believes the company's strategic direction aligns well with prevailing market trends, laying a solid groundwork for capitalizing on a broad spectrum of market opportunities.
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