Chongqing Afari's AI-Driven Auto Strategy Hits Commercial Milestone, Boosting Earnings and Growth

Deep News
昨天

Chongqing Afari Technology Co.,Ltd. released its 2026 semi-annual report on August 24, showcasing a significant leap in its integrated capabilities as the "AI + vehicle" strategy enters a period of tangible performance delivery. The company achieved operating revenue of 5.120 billion yuan, up 22.36% year-on-year, while net profit attributable to shareholders surged 151.25% to 78 million yuan. Deducted non-recurring gains and losses, net profit reached 56 million yuan, reflecting a dual increase in both revenue and profit despite heightened R&D investment, with all core operational metrics showing marked improvement.

The commercialization of its intelligent assisted driving business has accelerated notably, generating 1.235 billion yuan in revenue during the first half of the year, accounting for 24.3% of main business income. User activation rates hit 93%, with the technology deployed across 16 vehicle models, positioning the company's high-level intelligent assisted driving among the industry's leading tier. Meanwhile, the passenger vehicle business saw its gross margin climb against the trend from 3.3% to 12.7%, signaling a substantial enhancement in operational quality.

The company continues to intensify its R&D efforts, spending a total of 1.120 billion yuan in the first half, with 837 million yuan directed specifically toward intelligent assisted driving development, laying a solid foundation for ongoing technological iteration.

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