Chanjet posts 13% revenue growth in Q1 2026 as cloud subscriptions reach 75% of total

Bulletin Express04-24

Chanjet Information Technology Company Limited reported operating revenue of 267.54 million yuan for the three months ended 31 March 2026, a 13% year-on-year increase. Cloud subscription sales rose 17% to 200.66 million yuan and accounted for 75% of total revenue.

Net profit attributable to shareholders edged up 3% to 19.10 million yuan. Management attributed the modest profit growth to expanded research and development spending, which rose by 7.77 million yuan after the conclusion of certain capitalization projects in mid-2025.

Total assets stood at 1.94 billion yuan as of 31 March 2026, up 2% from year-end 2025. The company said it maintained a “sound momentum of development” while executing an “AI-foremost” strategy centered on digital intelligent finance, taxation and business solutions for micro and small enterprises (MSEs).

Product highlights included the launch of an AI-native Agentic-ERP architecture and “CClaw,” an enterprise-grade AI Agent for MSEs equipped with a “MCP+TOKEN” billing model. In digital finance and taxation, the upgraded Chanjet Easy Accounting Agent introduced intelligent bookkeeping, automated tax filing, compliance tools and profit-mining features. AI capabilities were also embedded into core business platforms such as T+Cloud and Chanjet Good Business and Finance.

On the commercial front, Chanjet expanded distribution networks, strengthened direct-sales AI enablement and deepened partnerships with IaaS providers, telecoms, banks and industrial internet platforms. A new CLI tool bundles more than 1,000 functional points to facilitate AI integration by low/zero-code developers and ISVs.

New paying enterprise users of Chanjet’s cloud services exceeded 61,000 during the quarter, up 38% year on year, bringing the cumulative total to 1.02 million paying customers.

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