Shanghai Seer Intelligent Technology (6106) investor relations material

Executive summary

• Revenue grew 67.5% year-over-year to RMB264.4 million for the six months ended 30 June 2026, driven by strong demand and global expansion.

• Net loss narrowed by 25.1% year-over-year to RMB37.9 million; adjusted net loss decreased by 50.1% to RMB11.0 million.

• Gross profit margin improved to 46.6% from 45.4% year-over-year.

• Overseas revenue surged 197.5% year-over-year, now accounting for 25% of total revenue.

• Successfully listed on the Hong Kong Stock Exchange in June 2026, raising significant capital for future growth.

Financial highlights

• Revenue: RMB264.4 million, up from RMB157.9 million year-over-year.

• Gross profit: RMB123.1 million, up 71.7% year-over-year.

• Net loss: RMB37.9 million, improved from RMB50.6 million year-over-year.

• Adjusted net loss: RMB11.0 million, down from RMB22.0 million year-over-year.

• Basic loss per share: RMB0.38, improved from RMB0.53 year-over-year.

• Cash and cash equivalents: RMB1,011.8 million as of 30 June 2026.

• Gearing ratio: 30.8%, down from 70.8% at year-end 2025.

Outlook and guidance

• Plans to strengthen R&D in embodied intelligence infrastructure, spatial intelligence, and world models.

• Intends to expand high-performance computing resources and real-world data assets.

• Will diversify product portfolio with next-generation humanoid and legged robots, and new robot brain controllers.

• Focus on global market expansion, especially in North America, Europe, and Asia-Pacific.

• Committed to attracting top global talent and optimizing incentive schemes.