Wuhan Kotei Informatics Co.Ltd.

Kotei Information released its 2026 interim report, with net profit attributable to the parent company at negative 29.44 million yuan, swinging from profit to loss. Total operating revenue was 319 million yuan, up 15.82 percent from the same period last year, but net profit attributable to the parent company fell by 72.35 million yuan year on year, a decline of 168.59 percent. Net cash flow from operating activities was negative 64.39 million yuan, down 157 million yuan from the same period last year. The company's latest gross margin was 30.35 percent, down 8.63 percentage points from a year earlier, and its latest return on equity was negative 1.44 percent.

Kotei Information disclosed its 2026 semi-annual report. Net profit attributable to the parent swung from profit to loss in the first half, with a loss of 29.44 million yuan. The company achieved operating revenue of 319 million yuan in the first half, up 15.82 percent year on year. Among this, intelligent cockpit revenue was 138 million yuan, intelligent electric drive and XCU revenue was 29.36 million yuan, and intelligent office software revenue of 80.55 million yuan became the main incremental contributor. The swing to a loss was mainly because some projects had not yet been delivered and accepted, causing overall gross margin to decline. Exchange losses from yen exchange rate fluctuations pushed financial expenses up to 12.97 million yuan. In addition, share-based payment expenses were accrued, and government subsidies fell 86 percent year on year to 2.29 million yuan. Net operating cash flow was an outflow of 64.39 million yuan, turning negative from a net inflow of 92.61 million yuan in the same period last year. Tokyo Kotei, Huating Shuhang, and Guangzhou Kotei all posted losses, while only Nanjing Kotei and Kaima Information achieved profits.