51WORLD (06651) has released its interim results for the six months ended June 30, 2026. The company reported revenue of 1.24 billion yuan, a year-on-year increase of 129.8%. The loss attributable to equity shareholders of the company was 67.572 million yuan, narrowing by 25.84% compared to the same period last year, with a loss per share of 0.16 yuan.

During the reporting period, the global artificial intelligence industry is accelerating its paradigm shift from "digital AI" to "physical AI." As the first publicly listed physical AI core infrastructure company in China's capital market, 51WORLD, leveraging its long-term technical accumulation and deep application in the physical AI field, has achieved leapfrog breakthroughs in strategic positioning, performance growth, organizational efficiency, and ecosystem building during this accelerated industry transition period.

In terms of financial performance, the company's revenue for the reporting period reached approximately 1.24 billion yuan, up 129.8% year-on-year. Gross margin improved from 41.1% in the same period last year to 44.8%. R&D expenses increased by 80.3% year-on-year, while the net loss for the reporting period narrowed by 25.5% year-on-year. As revenue began to grow rapidly, the company's operational quality and efficiency further improved.

In terms of business performance, the company's core physical AI business, 51Sim (intelligent driving and embodied intelligence), saw revenue grow by 545.2% year-on-year, with its revenue share rising from 14.8% to 41.4%, significantly increasing its business weight. This marks a key inflection point where 51Sim has evolved from a supplementary incremental business in the second curve to a core growth engine. Based on its market leadership in the intelligent driving field and the market breakthroughs achieved in embodied intelligence, the company expects this business to continue its rapid growth trajectory.