Keboda Technology Co Ltd

Keboda disclosed its 2026 half-year report on the evening of August 27. In the first half, it achieved operating revenue of 3.081 billion yuan, down 5.61 percent year on year, and net profit attributable to the parent of 309 million yuan, also down year on year, mainly affected by foreign exchange fluctuations and increased exchange losses. The company's intelligent product matrix is basically in place, and newly won nomination projects are expected to generate total lifecycle sales of more than 10 billion yuan, covering core products such as central computing platforms and intelligent driving domain controllers, lighting control, body domain controllers, and smart power. Among them, in central computing platforms and intelligent driving domain controllers, the company is cooperating with chip platforms including Qualcomm, Horizon Robotics, Xinchip Hantu, and Shenji to develop domain control products. In body domain controllers, it has newly won ZCU project nominations from two leading domestic new energy vehicle makers. In lighting control, it has newly won a global headlamp controller project from a European luxury car brand. In smart power, it has newly won EFUSE project nominations from leading automakers in North America and Europe. In overseas expansion, its Czech plant has passed audits and certifications from Volkswagen, BMW, and Mercedes-Benz, with capacity ramp-up and new project introduction advancing in parallel. In addition, the company has completed a public issuance of 1.49 billion yuan in convertible bonds, providing financial support for its medium- and long-term strategy.

Keboda announced it plans to use raised funds to provide a loan of up to 200 million yuan to its controlled subsidiary Anhui Intelligent Technology, for the implementation of a capacity expansion project for automotive central computing platforms and intelligent driving domain controller products. The loan interest rate will be the higher of the one-year Loan Prime Rate on the drawdown date and the company's average bank loan interest rate for the current period. The loan term runs from the date the funds are actually disbursed until the project is completed. This matter constitutes a related-party transaction. In the first quarter of 2026, Keboda achieved revenue of 1.53 billion yuan and net profit attributable to the parent company of 151 million yuan.