Zhongke Wenge (01956) expects a net loss of about 87 million yuan to 89 million yuan in the medium term, narrowing by about 23% to 25% year-on-year

Zhitong Finance App News, Zhongke Wenge (01956) issued an announcement. According to the board of directors's preliminary assessment of the Group's unaudited comprehensive management accounts for the six months ended June 30, 2026 (reporting period), and the information currently available to the board of directors, the Group is expected to achieve revenue growth and loss narrowing. The core performance tips are as follows:

Revenue growth: For the six months ended June 30, 2026, revenue is expected to be approximately RMB 170 million to RMB 175 million, an increase of approximately 44% to 48% year-on-year over the six months ended June 30, 2025 of RMB 118.2.9 million.

Loss narrowing: For the six months ended June 30, 2026, net loss is expected to be approximately RMB 87 million to RMB 89 million, narrowing by about 23% to 25% year on year; adjusted net loss (measured by non-IFRS) is approximately RMB 52 million to RMB 54 million, narrowing by about 28% to 31% year on year.

Improvement in operating efficiency in the second quarter of 2026: The net loss for the second quarter of 2026 is expected to be about RMB 22 million to RMB 24 million, a decrease of about 63% to 66% from the first quarter of 2026; the adjusted net profit for the second quarter of 2026 is expected to be about RMB 1.4 million to RMB 3.4 million, achieving a positive quarterly adjusted profit.

During the reporting period, the Group's revenue growth was mainly due to the following factors: (i) The commercialization process of AI models and decision platforms accelerated: as the demand for enterprise-level artificial intelligence (AI) decisions and data analysis continued to grow, the Group continued to improve its product and technology systems based on the DOMA (data, body, model and intelligence) architecture. As the application of the General Decision Big Model (Decitron) and AI4Science Science Foundation Model (ScienceOne) in key industries and customer scenarios continues to deepen, the degree of matching between customer needs and the Group's product capabilities has further improved, driving the continuous growth of related business scale; (ii) Expansion of business scenarios and customer coverage: expansion of new customers and deepening customer needs to jointly promote the deployment and application of the platform in business scenarios such as business intelligence and industrial intelligence; and (iii) subscription and application programming interfaces ( (API) Increased revenue share: The customer usage model extends from project deployment to continuous subscriptions and calls, and the scale of usage of subscription platform services and API services has increased, driving related revenue growth.

During the reporting period, the Group's losses narrowed year on year, and the Group is expected to achieve positive adjusted net profit in the second quarter of 2026, mainly due to: (i) the increase in platform gross profit contribution: as the standardization level and capability reuse rate of artificial intelligence decision-making platforms increase, and gross profit coverage of operating expenses is further improved; (ii) operating leverage effects are evident: while maintaining R&D investment, the Group optimizes organizational collaboration and resource allocation. Sales expenses and management expenses have gradually increased; and (iii) costs and expenses Structural optimization: Business scale expansion and cost control measures showed results, promoted the improvement of operating efficiency in the second quarter, and achieved a correction in quarterly adjusted net profit.