Cosonic Intelligent Tech Co Ltd

Jiahe Intelligence released its 2026 half-year report, showing first-half net profit attributable to the parent of 1.89 million yuan, down 92.5% year on year, while non-GAAP net loss was 18.48 million yuan, down 837.3% year on year. Operating revenue was 1.137 billion yuan, up 13.2% year on year, with second-quarter revenue of 657 million yuan, up 27.1% year on year, and net profit attributable to the parent of 10.55 million yuan, up 12.9% year on year. As of the end of the second quarter, total assets were 4.886 billion yuan, up 20.3% from the end of the previous year, and net assets attributable to the parent were 2.828 billion yuan, down 0.3% from the end of the previous year. The company said its main business has not undergone major changes, and it has completed the transformation from traditional ODM manufacturing to a provider of integrated software and hardware solutions, while advancing a dual-track strategy of ODM plus OBM. During the reporting period, the acquisition of the relevant self-owned brand operations of Beyerdynamic Germany has been completed. The company also noted that global ear-wear device shipments rose 3.9% year on year, and that the smart glasses and smart wearables markets have high growth potential, with the company continuing to invest in research and development and customer expansion for AI and AR glasses.