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Maiyue Technology (2501) investor relations material
Maiyue Technology H1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
H1 2026 revenue rose 84.5% YoY to RMB44.437m, led by hardware and software sales; gross profit rose to RMB7.304m, while net loss widened to RMB16.419m.
Strategic priorities include continued R&D, AI-agent technology, China–ASEAN language and corpus products, and expansion through partnerships in Southeast Asia.
Financial highlights
Revenue was RMB44.437m versus RMB24.083m; cost of sales rose to RMB37.133m from RMB17.399m.
Gross profit increased to RMB7.304m from RMB6.684m, while gross margin fell to 16.4% from 27.8%, pressured by the higher mix of lower-margin hardware and software sales.
Operating loss widened to RMB9.184m from RMB1.127m; loss before tax was RMB15.900m versus RMB9.705m, and net loss was RMB16.419m versus RMB10.676m.
Other income fell to RMB2.062m from RMB6.630m, mainly reflecting government grants of RMB1.787m versus RMB6.370m.
Outlook and guidance
Continue R&D investment and improve self-developed product quality and competitiveness through tertiary-institution collaboration and marketing campaigns.
Pursue opportunities with reputable customers and partners to build brand awareness and expand across Chinese Mainland and Southeast Asia; develop AI-agent, China–ASEAN language and corpus products, and interactive hardware.
- Revenue grew, but margin compression and receivables impairment nearly erased FY2024 profit.2501
H2 2024 - Revenue grew, but lower margins and listing costs cut FY2023 profit by 54%.2501
H2 2023 - Revenue grew 9.3%, but margin fell and receivables remained elevated.2501
H1 2025 - Revenue and margins improved, but impairment and financing costs widened the H1 loss.2501
H1 2024 - Revenue surged, but margin pressure and rising receivables temper the AI-led growth story.2501
H2 2025
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Next Maiyue Technology earnings date
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