CHANJET (01588) announced its financial results for the three-month period ended March 31, 2026. During the reporting period, the Group achieved revenue of RMB 267.5 million, representing a 13% increase compared to the same period last year. Revenue from cloud subscriptions amounted to RMB 200.66 million, a 17% year-on-year increase, accounting for 75% of total revenue.
The Group recorded a net profit attributable to owners of the parent company of RMB 19.1 million, a 3% rise from RMB 18.61 million in the prior year period. This growth was primarily attributed to the Group's steadfast commitment to its "AI-First" strategy, continuous enhancement of product competitiveness, and significant expansion of market coverage, which collectively drove sustained revenue growth. Research and development expenses increased by RMB 7.77 million compared to the same period last year, mainly due to the full expensing of certain R&D expenditures in the reporting period. This change occurred because a project that had qualified for capitalization in the previous year concluded its capitalization phase in June 2025.
As of March 31, 2026, the Group's total assets stood at RMB 1.94 billion, a 2% increase from RMB 1.894 billion at the end of the previous year.
Throughout the reporting period, the Group continued to focus on its two core areas: digital and intelligent finance/tax solutions and digital and intelligent business services for small and micro enterprises. It adhered to the principle of customer success, deepened the execution of its "AI-First" strategy, accelerated global expansion, enhanced product intelligence, strengthened product competitiveness, and pursued collaborative ecosystem development. This involved transitioning from application services to an ecosystem-based platform service model to foster scalable business growth and continuously improve operational efficiency and profitability.
At the product level, the Group developed a new Agentic-ERP architecture based on AI-native and agent technology. It launched "Chan Lobster," an enterprise-grade AI agent specifically designed for small and micro enterprises, and established a commercial framework for its AI Power Center. This framework will utilize a value-added service billing model combining "MCP+TOKEN." "Chan Lobster" can autonomously plan, invoke, and execute relevant services based on the needs of small and micro enterprises, assisting them in achieving a comprehensive AI-driven upgrade for their digital finance/tax and business operations.
In the digital finance and tax sector, CHANJET's Yidaizhang released a new version, completing upgrades in four key capabilities: intelligent bookkeeping, automated tax filing, intelligent compliance, and intelligent profit mining. This effectively helps accounting agencies improve efficiency, control risks, and increase revenue.
In the digital business sector, the core products, including T+Cloud, Hao Yecai, and Hao Shengyi, have integrated "Chan Lobster." Leveraging its autonomous planning and rapid orchestration capabilities, the product's intelligence level has been significantly enhanced.
Regarding marketing, the Group intensified its efforts in the distribution channel by expanding its network and building a large-scale, diversified dealer network. It continued to promote AI technology-based digital marketing and refined operation solutions to enhance the ability of value-added distributors to acquire and convert business opportunities, thereby driving steady business growth and supporting the digital and intelligent transformation of small and micro enterprises.
In the direct sales channel, the Group deepened the implementation of AI empowerment across the entire process to build integrated growth capabilities. Through multi-channel collaboration, it continuously improved the quality of business opportunities, advanced tiered customer operations and differentiated conversion paths, optimized deal-closing efficiency, gradually increased the proportion of high-value customer business, optimized the business structure, and ensured sustained high-speed business growth.
In cooperative sales channels, the Group deepened synergistic development with strategic ecosystem partners to achieve mutual empowerment and enhance customer value collectively. It continued to strengthen deep cooperation with strategic partners such as IaaS providers, telecommunications operators, banks, and industrial internet platforms. Through joint solutions involving product integration and capability embedding, it promoted the large-scale adoption of digital finance/tax and digital business services. Simultaneously, the Group expanded its ecosystem of low-code/zero-code developers and ISVs, deepened product integration and collaborative scenario creation, and launched a new CLI (Command-Line Interface) tool. This tool encapsulates over 1,000 functional points from CHANJET's entire product line into a simple and intuitive CLI, strengthening AI invocation capabilities and expanding the new ecosystem for the AI era.
During the reporting period, the Group's cloud services business added over 61,000 new paying enterprise users, a 38% increase year-on-year. As of the end of the reporting period, the cumulative number of paying enterprise users for cloud services reached 1.022 million.
The Company's Board of Directors believes that the Group's overall business operations maintain a positive development trajectory.
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