Chenqi Technology (9680) issued an announcement on March 3, 2026, indicating that for the year ended December 31, 2025, the Group expects consolidated revenue of at least RMB 5.00 billion. This figure represents an increase of no less than RMB 2.50 billion, or 100.00%, compared with the previous year.

The announcement also highlights that the Group’s net loss attributable to equity shareholders is projected not to exceed RMB 320.00 million, reflecting a decrease of at least RMB 245.00 million, or 43.40%, from the prior-year period.

Management attributes the strong revenue growth primarily to the significant rise in the number of ride-hailing service orders and intensified sales and marketing efforts for the Group’s technical services. The reduction in net loss is attributed to enhanced operating efficiency in the mobility segment, cost structure optimization, increased gross profit from technical services, reduced administrative expenses due to economies of scale, and lower finance costs following the conversion of convertible redeemable preferred shares.

Chenqi Technology (9680) emphasizes that the information in the announcement is based on preliminary unaudited figures, which may differ upon auditor review. The final results for the year are expected to be published by the end of March 2026, and interested parties are advised to exercise caution when evaluating the Company’s shares.