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Shanghai Suochen Information Technology Co. Ltd. A

Shanghai Suochen Information Technology Co.,Ltd. engages in the research and development, sales, and service of CAE software. It offers products for engineering simulation, intelligent physics modeling, multi-field coupling analysis, and data-driven optimization. The company serves aerospace, automotive manufacturing, energy and power, low-altitude economy, and embodied intelligence industries. The company was incorporated in 2006 and is based in Shanghai, China.

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688507.CG

Suochen Technology reports net loss of 78.6554 million yuan in 2026 interim report

Suochen Technology released its 2026 interim report, with total operating revenue of 72.74 million yuan and net profit attributable to the parent company of negative 78.6554 million yuan, an increase in loss of 32.9571 million yuan compared with the same period last year. Net cash flow from operating activities was negative 38.3538 million yuan, the asset-liability ratio rose to 15.72 percent, gross margin was 60.25 percent, return on equity was negative 2.90 percent, and diluted earnings per share was negative 0.89 yuan. The company had 26,000 shareholders, and the top ten shareholders held 49.81 percent of the total share capital.
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Suochen Technology plans to distribute a cash dividend of 1.413 yuan per 10 shares

Suochen Technology announced plans to distribute a cash dividend of 1.413 yuan per 10 shares, including tax, with an estimated total payout of 12.53 million yuan. In the first half of 2026, the company achieved revenue of 72.74 million yuan and a net loss attributable to the parent company of 78.66 million yuan.
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688507.CG

Suochen Technology's first-half loss widens to 78.66 million yuan

Suochen Technology released its 2026 interim report, with operating revenue of 72.74 million yuan, up 26.8 percent year on year, but net profit attributable to the parent swung to a loss of 78.66 million yuan, compared with a loss of 45.7 million yuan in the same period last year. Net profit attributable to the parent after deducting non-recurring items was a loss of 81.22 million yuan, compared with a loss of 48.01 million yuan a year earlier, while net operating cash flow was negative 38.35 million yuan, an improvement of 40.2 percent year on year. Second-quarter operating revenue was 33.31 million yuan, up 79.4 percent year on year, and net profit attributable to the parent was a loss of 44.71 million yuan, compared with a loss of 30.07 million yuan in the same period last year. The company said revenue growth was mainly driven by a larger consolidation scope, increased order acceptance and improved sales collections, but the wider loss stemmed from rigid growth in fixed costs as headcount increased and from revenue recognition concentrated in the fourth quarter.
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Artificial Intelligence

Suochen Technology's first-half revenue grows 26.83% as it advances physics AI strategy

Suochen Technology disclosed its 2026 interim report, with first-half operating revenue of 72.74 million yuan, up 26.83% year on year, and a loss of 78.6554 million yuan. The company plans to distribute a cash dividend of 1.413 yuan per 10 shares, tax included, to all shareholders. Net operating cash outflow narrowed by 40.19% compared with the same period last year, mainly due to an expanded consolidation scope, increased order acceptances, and improved sales collections. First-half research and development investment was 84.8064 million yuan, up 67.53% year on year, accounting for 116.59% of operating revenue. With CAE software development as its foundation, Suochen Technology is actively advancing its physics AI strategy and has formed the Kaiwu product system, including the Intelligent Workshop, the Dasheng agent, the Xingzhe synthetic data product, and the Yingzao Wanxiang world physics model.
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Robotics & Physical AI

World AI Conference 2026 Witnesses Physical AI Scaling into Reality

The World AI Conference 2026 witnessed physical AI scaling from concept into reality. Physical AI models such as Kunlun Wanwei Matrix-Game 3.5, Suochen Technology's world physics model, and WeRide WITT made their debuts, with industrial robotic arms, humanoid robots, and autonomous driving emerging as the three core application scenarios. ABB Group Senior Vice President Han Chen noted that physical AI has already been applied in dozens of cases in logistics and 3C electronics. Joyson Electronics and Mech-Mind unveiled full-stack solutions spanning dexterous hands to embodied intelligence brains. World action models that underpin application deployment became a technology bellwether, with Galaxy Universal and Riemann Dynamics Robotics releasing the WAM-TTT and Riemann-1.0 models respectively. Meanwhile, demand surged for motion capture suits, tactile gloves, and other devices used to collect real-world data.
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