On August 19, CHENQI TECH (09680) released its interim results for the first half of 2026, revealing a period of robust expansion. The company achieved revenue of RMB 4.035 billion, marking a substantial year-on-year increase of 140.7%. Total orders surged by 150.6% to 184 million, with daily order volume surpassing the one-million mark during the reporting period.

In terms of profitability, CHENQI TECH recorded a gross profit of RMB 500 million, up 156.3% year-on-year. The gross margin improved further to 12.4%, while net profit saw a significant improvement of 45.2% compared to the previous year. Both primary business segments posted gains in revenue and gross profit, with the mobility services segment reaching a transaction value of RMB 5.064 billion, a 149.2% increase.

The technology services segment, which primarily generates revenue from AI data, contributed over RMB 100 million in income, representing a remarkable 274.4% year-on-year growth with a gross margin of 22.7%. Analysis of previously disclosed performance reports indicates that technology services are becoming a rapidly expanding new revenue stream for CHENQI TECH. This segment's revenue growth accelerated from 175.8% in the first half of 2024, to 207.0% in the first half of 2025, and further climbing to 274.4% in the first half of 2026, demonstrating a clear upward trajectory in scale.

Where to begin with the numbers

The company's strategic focus on AI-driven solutions is evidently paying off, as the technology services arm not only diversifies revenue but also enhances overall profitability. With mobility demand continuing to scale and tech offerings gaining traction, the growth trajectory looks poised to persist through the remainder of the year.

Why the surge in tech revenue matters

The consistent acceleration in technology service growth highlights the increasing value of AI data monetization, positioning CHENQI TECH as a key player in the intersection of mobility and advanced technology solutions.