AI X TECH (01490.HK): H1 Revenue RMB 68.7mn, Up 3.5%; Parent Profit RMB 15.8mn Turns to Profit

NewTimeSpace News: On 23 September 2026, AI X Tech Inc. (the "Company") published its interim report for the six months ended 30 June 2026. Revenue amounted to approximately RMB 68.7 million (RMB 68,674 thousand), up about 3.5% from RMB 66.4 million (RMB 66,360 thousand) a year earlier; gross profit was about RMB 44.7 million (RMB 44,692 thousand), up about 2.2% year on year; profit for the period was about RMB 17.0 million (RMB 16,992 thousand) against a loss of RMB 1.8 million (RMB 1,769 thousand) a year earlier, turning to profit; and profit attributable to owners of the parent was about RMB 15.8 million (RMB 15,808 thousand) against a loss of RMB 1.8 million (RMB 1,783 thousand).

The announcement disclosed that the Group is a leading auto information and digital marketing service provider in China, offering marketing solutions to automotive industry-chain partners and end users through a "content + technology + ecosystem" model. Basic EPS attributable to ordinary equity holders of the parent was about RMB 0.014 (against a loss per share of RMB 0.002 a year earlier). The profit improvement was mainly due to selling and distribution expenses falling from RMB 29.5 million (RMB 29,527 thousand) to RMB 18.0 million (RMB 17,984 thousand) and R&D expenses from RMB 6.8 million (RMB 6,774 thousand) to RMB 2.4 million (RMB 2,360 thousand).

The Company stated that in H1 2026 China's auto domestic demand weakened while exports surged, with NEV penetration rising to 49.6%; the Group focused on three main thrusts — AI-driven content and marketing upgrades, ecosystem deepening and user-value mining — to address the industry's structural transformation.

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