YUNJI projects 62%–79% H1 revenue jump; net loss narrows but adjusted loss widens

Bulletin Express08-04

Beijing Yunji Technology Co., Ltd. (YUNJI) expects a marked top-line acceleration for the six months ended 30 June 2026, forecasting revenue between RMB177.00 million and RMB195.00 million, up roughly 62%–79% from the prior-year period.

Management attributes the surge to three factors: 1) higher robot and functional-kit shipments supported by broader customer outreach; 2) continued growth of its AI digitalisation system offerings; and 3) expansion of overseas sales channels and application scenarios, which lifted international deployments.

Net loss is estimated at RMB105.00 million–RMB130.00 million, an improvement of about 9%–27% year on year. The narrowing chiefly reflects lower redemption-liability re-measurement, reduced listing expenses and smaller share-based payment charges, partly offset by: • heavier R&D spending aimed at strengthening core technologies, • increased selling and marketing costs linked to scale-up and commercialisation, and • higher impairment provisions on trade receivables following revenue growth and extended credit terms.

After excluding non-operating and non-recurring items—namely listing costs, share-based payments and changes in redemption liabilities—adjusted net loss is projected at RMB100.00 million–RMB125.00 million, representing a year-on-year rise of about 212%–292%.

Operational indicators remained solid: the average number of robots online concurrently grew approximately 30%, while intelligent service instances climbed around 46% versus a year earlier. Management states that business operations are progressing as planned, with no material adverse changes to the Group’s financial position.

Figures are based on unaudited management accounts; full interim results are slated for release by end-August 2026. Shareholders and potential investors are advised to exercise caution when dealing in YUNJI shares.

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