Shanghai Seer Intelligent Technology (6106) investor relations material

Executive summary

• Achieved global leadership in intelligent robotic controller sales for three consecutive years, with a 25% global market share in 2025 and rapid expansion in industrial intelligent robots.

• Revenue for the first half of 2026 rose 67.5% year-over-year to RMB264.4 million, driven by strong demand and overseas expansion.

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

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

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

Financial highlights

• Revenue increased from RMB157.9 million to RMB264.4 million year-over-year.

• Gross profit rose 71.7% to RMB123.1 million, with gross margin improving to 46.6%.

• Overseas revenue surged 197.5% to RMB65.8 million, now 25% of total revenue.

• Net assets increased to RMB1,018.0 million, mainly due to the global offering.

• Cash and cash equivalents reached RMB1,011.8 million, up from RMB153.9 million at year-end 2025.

Outlook and guidance

• Plans to strengthen R&D infrastructure, expand high-performance computing, and open Embodied Intelligence Infra to partners.

• Focus on developing next-generation humanoid and legged robots, and launching new robot brain products.

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

• Continued recruitment of top talent and enhancement of incentive schemes.