XUNCE (03317) has released its interim results for the six months ended 30 June 2026, reporting a remarkable turnaround as the company swung to profitability.

The group achieved revenue of RMB 967 million, representing a substantial year-on-year increase of 388.76%. Profit attributable to owners of the parent company reached RMB 72.505 million, reversing the loss recorded in the prior corresponding period. Earnings per share stood at RMB 0.22.

According to the company's announcement, the robust revenue growth was primarily driven by the accelerated deployment of enterprise-level AI real-time data infrastructure, which boosted the group's core business revenue. The company also witnessed faster penetration across diversified industries, with its cross-industry replication capabilities being continuously validated. The integrated product chain spanning "computing power, data, tokens, models, and applications" has accelerated its delivery schedule.

Additionally, the token-based business model has gained meaningful traction, with token call volumes climbing steadily and emerging as a new revenue growth engine. The company's international operations continued to expand, laying a comprehensive foundation for its business ecosystem.

The significant swing to profitability can be attributed to several key factors. The proportion of high-margin businesses increased, while the platform-based and modular product architecture unlocked scale benefits, leading to markedly improved operational efficiency. The company also optimised its cost structure across research and development, sales, and administrative expenses. Furthermore, enhanced capital management efficiency contributed incremental profits through investment gains.