Qianli Technology reports first-half revenue and profit growth, with intelligent driving revenue of 1.235 billion yuan

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Qianli Technology disclosed its 2026 semi-annual report. The company's AI plus vehicle strategic transformation has entered a phase of performance delivery, with first-half net profit attributable to the parent company growing more than 1.5 times year on year. During the reporting period, the company achieved operating revenue of 5.12 billion yuan, up 22.36 percent year on year. Net profit attributable to the parent company was 78.318 million yuan, up 151.25 percent year on year. Net profit attributable to the parent company after deducting non-recurring items was 55.6999 million yuan, turning from a loss of 134 million yuan in the same period last year to a profit. Intelligent assisted driving became the biggest highlight, with revenue of 1.235 billion yuan, accounting for 24.3 percent of main business revenue. The user activation rate was 93 percent, covering 16 vehicle models, and its share of the high-level intelligent driving market entered the industry's leading group. In the automotive business, the gross margin of passenger vehicles rose from 3.3 percent to 12.7 percent. First-half vehicle sales were 43,497 units, up 12 percent year on year, and overseas sales doubled year on year. The company's total first-half research and development expenses were 1.12 billion yuan, up 289.57 percent year on year, of which intelligent assisted driving research and development expenses were 837 million yuan.

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