C*Core Technology Co Ltd

C*Core Technology disclosed its 2026 semi-annual report on the evening of August 27. In the first half, it achieved operating revenue of 313 million yuan, up 83.66% year on year. Net profit attributable to the parent was negative 81.8645 million yuan, but the loss narrowed by 4.5467 million yuan compared with the same period last year. After deducting share-based payment expenses, the loss narrowed by 46.0337 million yuan. Among this, chip customization service revenue was 159 million yuan, up 133.56% year on year, making it the largest source of growth. Self-developed chip and module revenue was 152 million yuan, up 50.76% year on year. Automotive electronics chip revenue was 102 million yuan, up 108.47% year on year, with shipments exceeding 8 million units. As of the end of June, the company's contract liabilities reached 1.143 billion yuan, further up from 981 million yuan at the end of the first quarter. In the first half, the company explicitly put forward the core development route of AI plus quantum security, building a three-in-one architecture of RISC-V CPU, NPU, and HSM. Quantum security chips and post-quantum cryptography products have achieved commercial deployment. Among them, the post-quantum financial POS chip CUni360SQ-ZX has shipped more than 800,000 units cumulatively. Company chairman Zheng Jiang said the company will push the GPNPU AI PC chip to complete tape-out verification and deepen the application of quantum security chips in sectors such as power, telecommunications, and finance.