Mininglamp Technology reported consolidated revenue of RMB 759.78 million for the six months to 30 June 2026, marking 18.0% year-on-year growth. The uptick was powered by a sharp acceleration in Agentic Services, whose revenue climbed 605.7% to RMB 170.93 million and now represents 22.5% of group turnover.
Data Intelligence, the core contributor at 77.3% of revenue, slipped 1.9% to RMB 587.03 million. Within this segment, Marketing Intelligence advanced 4.2% to RMB 343.67 million, offset by a 9.4% decline in Operational Intelligence to RMB 243.36 million amid customer spending caution.
Gross profit rose 8.3% to RMB 390.05 million, translating into a gross margin of 51.3% (H1 2025: 55.9%), reflecting changes in business mix. Research and development expenditure expanded 52.3% to RMB 229.12 million as the company accelerated AI model and agentic technology investment.
The period closed with a net loss of RMB 64.23 million, a 68.5% improvement versus the RMB 203.90 million loss a year earlier. The narrowing stemmed primarily from the absence of prior-year non-cash fair-value losses linked to preference shares, warrants and convertible notes.
Cash and short-term deposits totalled RMB 1.14 billion at end-June, down from RMB 1.54 billion at 31 December 2025, after RMB 194.80 million net operating cash outflow and RMB 160.51 million net investing outflow, including purchases of bank wealth-management products. Interest-bearing bank borrowings rose to RMB 283.13 million from RMB 219.19 million.
During the half-year the group completed two acquisitions: a 51% stake in Shenzhen Jichuang Meiao Technology for RMB 31.89 million and a 51% stake in Starnet Talent / Starnet (Shenzhen) Media for RMB 22.43 million, adding a combined RMB 11.38 million of goodwill and intangible assets and bringing non-controlling interests to RMB 82.40 million.
IPO proceeds usage stood at RMB 308.00 million, with RMB 649.77 million unutilised by 30 June 2026. On 29 July 2026, after period-end, Mininglamp agreed to acquire a 19.07% stake in Pansoft Co., Ltd. for RMB 858.89 million, funding the first 50% of the purchase by reallocating RMB 429.45 million from unspent IPO proceeds.
The board declared no interim dividend for the period.