Servyou Software Group Co Ltd

Shuiyou Shares released its 2026 interim report. First-half net profit attributable to the parent was 94 million yuan, up 32.4% year on year. Operating revenue was 1.01 billion yuan, up 9.7% year on year. Net profit attributable to the parent after deducting non-recurring items was 89.43 million yuan, up 44.0% year on year. Net operating cash flow was negative 298 million yuan, an improvement of 7.6% year on year. Second-quarter operating revenue was 524 million yuan, up 10.7% year on year, and net profit attributable to the parent was 62.73 million yuan, up 35.6% year on year. The company said revenue from its digital intelligent finance and tax business grew 14.99% compared with the same period last year, its digital government services business successfully undertook multiple major projects, and overall operations grew steadily.

Servyou disclosed its 2026 semi-annual report. In the first half, total operating revenue reached 1.012 billion yuan, up 9.72% year on year. Net profit attributable to the parent was 94.0046 million yuan, up 32.38% year on year. Non-GAAP net profit was 89.4343 million yuan, up 44.04% year on year. The profit growth was mainly driven by steady revenue growth in the digital intelligent finance and tax business and AI-driven operating efficiency gains. During the reporting period, the digital intelligent finance and tax business achieved operating revenue of 714 million yuan, up 14.99% year on year, accounting for about 70.6% of total revenue. As of the end of June, contract liabilities for this business stood at 759 million yuan, up 21.43% year on year. Collections from AI products and business on the Yiqiyin platform accounted for 33% of collections in the digital intelligent finance and tax business during the reporting period, up from 28% for full-year 2025. Based on its self-developed Xiyou vertical large model and MOE architecture, the company launched the Caiying Agentic digital intelligent workshop, and in June this year released Finance and Tax Agentic 2.0, building an A2A collaborative digital organization. As of the end of June, the Yiqiyin platform had 12.64 million active enterprise users, up 7% from the beginning of the year, 8.55 million paying enterprise users, up 5% from the beginning of the year, and 57,000 ecosystem institutional partners, up 10% from the beginning of the year. In innovative businesses, the Yiqixinfu platform has served more than 200,000 customers.