Lanzhou Haimo Technologies CoLoss narrowed and financial position improved, but revenue declined and net loss persists.

Haimo Technologies disclosed its 2026 semi-annual report on the evening of August 26, 2026. During the reporting period, the company achieved operating revenue of 129.87 million yuan. After excluding the impact of share-based payments, net profit attributable to shareholders of the listed company was negative 7.91 million yuan, narrowing the loss by 36.99% compared with the same period last year. The company's core multiphase metering segment achieved revenue of 99.15 million yuan, with the proportion of service revenue rising from 55% in the same period last year to 63%, shifting its business focus from equipment sales to an integrated service model of equipment plus operations and maintenance plus technical support. In overseas business, the company has built a collaborative model of localized operations plus data platforms plus engineering procurement and construction in the Middle East and North Africa. Preparations for its Saudi assembly plant are advancing, the Oman project has achieved a high proportion of local employee staffing, WTMS digital products have completed large-scale deployment in Oman, and early production facility projects have extended the company's positioning to that of a small-scale turnkey service provider. On the financial side, the transfer of subsidiary equity and intangible assets brought in a total of 263 million yuan. Cash and trading financial assets totaled 714 million yuan, and the asset-liability ratio dropped to 30%. The company also contributed a total of 70 million yuan to a fund in cooperation with CICT Capital, exploring new quality productive forces, and completed the grant registration of its restricted stock incentive plan.
Lanzhou Haimo Technologies CoLoss narrowed and financial position improved, but revenue declined and net loss persists.