MININGLAMP-W (02718) has released its interim results for fiscal 2026, reporting revenue of approximately RMB 760 million, a year-on-year increase of 18.02%. Gross profit reached around RMB 390 million, up 8.31% from the prior corresponding period, while the net loss for the period narrowed substantially by 68.5% to RMB 64.227 million.
A standout highlight was the intelligent agent services segment, which saw revenue surge approximately 605.7% year-on-year to RMB 171 million, making it the primary growth engine for the company. Leveraging its proprietary AI agents, the company focuses on the core social media marketing needs of its clients, extending its AI capabilities from strategy generation into content production and execution. With client key performance indicators as the central deliverable, the company has shifted its service model from process-oriented output to results-driven solutions.
The deep application of AI technology has significantly enhanced the efficiency of delivery teams, leading to rapid growth in the customer base. This has further validated the commercial viability of the pay-for-performance model. In the data intelligence segment, marketing intelligence services revenue grew 4.2% year-on-year to RMB 344 million, driven primarily by incremental contributions from new products and services launched during the reporting period. Despite a generally cautious corporate marketing spending environment, the segment still achieved positive growth, reflecting the relatively rigid demand from clients for quantifiable marketing outcomes.
Operational intelligence services generated revenue of RMB 243 million, with its smart store operating system now covering more than 75,000 offline retail locations, a sign of continued expansion in management scale. According to the announcement, the narrowed loss was mainly due to the significant reduction in non-cash impacts from fair value changes in preferred shares, warrants, and convertible notes, which had heavily affected the prior-year comparison period. This also reflects the company's ongoing optimization of its capital structure.
Maintaining its commitment to future-oriented investment, the company increased research and development spending by 52.3% year-on-year to RMB 229 million during the period, deepening its work in model and agent technology development and productization. The company will continue to pursue a technology-driven and innovation-led path, further advancing its digital transformation initiatives and enhancing operational efficiency.
During the reporting period, the company adhered to independent innovation in core technologies, launching Octo, the world's first open-source and trusted agent collaboration network. It also promoted the open-sourcing of edge-side models, achieving phased progress in its proprietary Scaling Out edge inference solution. In the field of embodied intelligence, the company is concentrating on VLM/VLA technologies, focusing on breakthroughs in multimodal perception and intelligent reasoning and planning, with a forward-looking approach to building technical capabilities for interaction between agents and the physical world.
The launch of Octic, its first AI-native hardware product, has further strengthened both its technical capabilities and product ecosystem, solidifying the foundation for large-scale deployment of intelligent agents. In response to growing enterprise demand for cost reduction, efficiency gains, and practical results, the company has addressed client needs through its pay-for-performance model, helping clients achieve certain returns on prudent budgets. This validates the forward-looking nature of its business model even in challenging conditions.
On the capital markets front, the company's shares were officially included in the Stock Connect program on June 2, 2026, broadening its market participation channels. On July 29, 2026, the company signed an agreement to acquire a 19.07% stake in Pulian Software (300996.SZ) via negotiated transfer, enabling deep integration and mutual empowerment between AI capabilities and industry expertise. This move enhances both the breadth and depth of the company's services supporting the intelligent transformation of the real economy, as it comprehensively expands its strategic positioning for the emerging intelligent economy.