IMOTIONTECH (01274) has unveiled its interim results for the first half of 2026, showcasing a remarkable financial performance. The company's revenue reached RMB 761 million, a substantial surge of 107.79% compared to RMB 366 million in the same period last year.
Gross profit climbed to approximately RMB 92.4 million, reflecting an impressive year-on-year increase of 441.20%. This robust growth in profitability lifted the gross margin to 12.15%, a significant improvement from the 4.67% recorded in the prior-year period.
During the reporting period, revenue from combined driving assistance solutions and products amounted to around RMB 664 million, up 102.79% year-on-year. Revenue from the combined driving assistance domain controllers totaled approximately RMB 547 million, marking an 85.92% increase, while smart front-view camera revenue reached RMB 117 million, surging by 252.92% from the previous year. Additionally, revenue from PCBA products and other auxiliary materials hit RMB 177 million, also rising by 252.92% year-on-year.
In terms of delivery volume, the company supplied over 289,000 units of combined driving assistance solutions and products to customers during the period, representing a substantial year-on-year growth of 149.14%. As of June 30, 2026, cumulative deliveries had surpassed 1.123 million units.
Where to begin with the drivers of this success? As more customer vehicle models enter the mass-production and delivery phase, coupled with an increase in project delivery scale, the company has experienced rapid revenue expansion. This growth has gradually unlocked economies of scale, which in turn have driven a notable improvement in gross margin, underscoring the company's strengthening operational efficiency and market traction.