TI Cloud Inc (2167) investor relations material

Executive summary

• H1 2026 revenue rose 7.3% YoY to RMB288.387m; profit for the period increased 78.0% to RMB49.255m, supported by AI Solutions growth and operating efficiency.

• AI Solutions revenue grew 133.1% to RMB42.449m, reaching 14.7% of revenue; more than 65% of newly signed customers selected AI Solutions.

• ZENAVA AI Solutions ARR reached RMB86m in June and exceeded RMB100m by July 31; daily token usage topped 30bn.

Financial highlights

• Revenue was RMB288.387m, up 7.3% YoY; gross profit rose 6.2% to RMB148.135m from RMB139.445m.

• Profit before tax increased 78.4% to RMB49.293m; profit for the period rose 78.0% to RMB49.255m.

• Cost of sales rose 8.5% to RMB140.3m; gross margin was 51.4%, versus 51.9% in H1 2025.

• Selling and distribution expenses fell 8.8% to RMB51.0m; administrative expenses declined 17.5% to RMB20.1m and R&D expenses fell 13.0% to RMB31.6m.

Outlook and guidance

• Strategy focuses on AI digital employees and industry-specific workflows, with investment in model fine-tuning, knowledge engineering, natural human-machine integration and AI R&D; no numerical earnings guidance was stated.

• Plans include expanding sales coverage in the Bohai Rim, East China, Pearl River Delta and Chengdu-Chongqing regions, and advancing account-based marketing.

• Consumption- and outcome-based pricing tied to usage and verifiable results is intended to lower adoption barriers and expand customer usage and net revenue retention.