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Chenqi Technology
Chenqi Technology (9680) investor relations material
Chenqi Technology Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2026 earnings summary19 Aug, 2026
Executive summary
H1 2026 revenue rose 140.7% YoY to RMB4,035.2m; gross profit grew 156.3% to RMB500.9m, while net loss narrowed 45.2% to RMB68.5m.
Mobility services orders reached 183.7m, average daily orders were 1,015.2k and GTV was RMB5,064.2m; ride-hailing growth and stronger third-party platform cooperation were key drivers.
Financial highlights
Revenue was RMB4,035.2m versus RMB1,676.5m in H1 2025; cost of revenue increased 138.6% to RMB3,534.3m.
Gross profit rose 156.3% to RMB500.9m; gross margin improved to 12.4% from 11.7%.
Operating loss narrowed to RMB68.0m from RMB124.4m; net loss was RMB68.5m versus RMB124.9m, and adjusted net loss was RMB66.3m versus RMB121.4m.
Basic and diluted loss per share improved to RMB0.35 from RMB0.64.
Operating cash outflow was RMB124.0m versus RMB118.6m; cash and term deposits totaled RMB618.3m at June 30, 2026.
Outlook and guidance
Strategy prioritizes ride-hailing geographic expansion and efficiency, refining the hybrid manned/Robotaxi model, international growth, brand awareness and talent development.
Robotaxi plans target operations in 100 core cities over five years with partners and a fleet exceeding 10,000 vehicles.
A billion-level investment plan targets a three-tier Robotaxi operations and maintenance network designed to support 100,000 vehicles annually; no specific revenue or earnings guidance was stated.
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Latest events from Chenqi Technology
- Revenue and mobility volumes grew as losses narrowed; the IPO converted preferred liabilities into equity.9680
Q2 2024 - Revenue grew and gross loss narrowed, but substantial net losses continued.9680Q4 2024
- Revenue rose 61.7%, gross profit turned positive and net loss narrowed 62.3%.9680Q2 2025
- Revenue more than doubled as gross margin improved and net loss narrowed.9680Q4 2025
Next Chenqi Technology earnings date
Q3 202618 Nov, 2026
Chenqi Technology
Next Chenqi Technology earnings date
Q3 202618 Nov, 2026
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