Uisee Technologies (Beijing) (1511) investor relations material

Executive summary

• Revenue grew 64.9% year-over-year to RMB162.7 million for H1 2026, driven by strong demand across autonomous driving solutions and expansion into new customer segments, despite a net loss of RMB126.4 million, up 14.9% from H1 2025.

• Gross profit increased 54.6% to RMB86.0 million, with a gross margin of 52.9%, down 3.5 percentage points due to product mix.

• Net loss widened by 14.9% to RMB126.4 million, reflecting higher R&D, administrative, and selling expenses as the company invested in growth and IPO-related costs.

• The company completed its IPO in May 2026, raising RMB726 million, significantly strengthening its equity base and funding R&D, overseas expansion, and strategic investments.

Financial highlights

• Revenue: RMB162.7 million (H1 2026), up from RMB98.7 million (H1 2025).

• Net loss: RMB126.4 million, compared to RMB110.0 million loss in H1 2025.

• Gross profit: RMB86.0 million, up from RMB55.6 million.

• R&D expenses: RMB117.2 million, up 20.1% year-over-year.

• Cash and cash equivalents: RMB801.1 million as of June 30, 2026.

• Equity attributable to owners: RMB880.7 million, up from RMB269.9 million at year-end 2025.

• Gearing ratio: 36.1% as of June 30, 2026, improved from 57.5% at year-end 2025.

• Basic and diluted loss per share: RMB0.83 (H1 2026) vs. RMB0.72 (H1 2025).

Outlook and guidance

• The company expects continued expansion in L4 autonomous driving commercialization, especially in airports, logistics, and international markets.

• Focus remains on AI-driven innovation, global expansion, and new business models such as AI Driver subscriptions.

• R&D investment will continue, with disciplined cost control and productivity improvements via proprietary AI tools.

• Plans to leverage AI-driven platforms and subscription models for new revenue streams.