Qianli Technology Achieves Dual Growth in Revenue and Net Profit Attributable to Parent in First Three Quarters as "AI+Vehicle" Strategy Continues to Take Hold

Deep News10-30 22:22

On October 30, 2026, Chongqing Afari Technology Co., Ltd. (601777) released its 2026 third quarter report. In the first three quarters, the company achieved operating revenue of 7.711 billion yuan, up 11.00% year on year, and net profit attributable to shareholders of the listed company of 76.5348 million yuan, up 43.65% year on year, realizing dual growth in revenue and net profit attributable to parent.

Centered on its "AI+Vehicle" strategy, Chongqing Afari Technology Co., Ltd. (601777) continued to strengthen research and development in core technology areas such as intelligent driving and intelligent cockpits. In the first three quarters, the company's R&D expenses reached 1.867 billion yuan, up about 310% year on year, mainly related to the inclusion of Qianli Intelligent Driving in the consolidated financial statements starting from the fourth quarter of 2025, the expansion of the R&D team, and increased related investment, providing support for technology iteration and product application.

In its automotive business, the company focused on optimizing its product and market mix, and the expansion of export sales drove an increase in gross profit level. The report shows that higher revenue from principal business and an overall improvement in comprehensive gross profit margin supported the growth of the company's net profit attributable to parent in the first three quarters.

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