EXTREME VISION (06636.HK): H1 Revenue RMB 165mn, Up 181%; LLM Solutions Revenue Surges ~45x

NewTimeSpace News: On 23 September 2026, Shandong Extreme Vision Technology Co., Ltd. (the "Company") published its interim report for the six months ended 30 June 2026. Revenue amounted to approximately RMB 165.0 million (RMB 165,038 thousand), up about 181.2% from RMB 58.7 million (RMB 58,691 thousand) a year earlier; net loss was about RMB 40.8 million (RMB 40,830 thousand), narrowed about 3.9% year on year; and gross margin rose from 41.8% to 44.4%.

The announcement disclosed that the revenue surge was mainly driven by the accelerated commercialisation of large model solutions, whose revenue rose from RMB 1.8 million to RMB 84.8 million, an increase of about 4,539.8%, with customers growing from 2 to 16. Standard AI computer vision solutions revenue was RMB 17.3 million (+120.5%), custom solutions RMB 13.7 million (+27.0%), and software-defined integrated AI solutions RMB 49.3 million (+28.7%). During the period the Group launched its self-developed multimodal model "Interstellar Vision Language Model" in three versions: 35B flagship, 4B mainstream and 0.8B lightweight.

On a non-IFRS basis, the Group's adjusted profit was about RMB 3.6 million (RMB 3,577 thousand), against an adjusted loss of about RMB 30.7 million (RMB 30,671 thousand) a year earlier, turning to profit; diluted loss per share narrowed from RMB 0.42 to RMB 0.38. R&D expenses were about RMB 47.8 million (RMB 47,825 thousand), up about 35.1% year on year.

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