Product technology upgrades such as the Jinshan Cloud Xingliu platform drive rapid growth in the AI cloud business. Jinshan Cloud (03896) Q2's overall revenue reached a record high

The Zhitong Finance App learned that on August 19, Jinshanyun (KC.US, 03896) released the 2026 Q2 financial report. Financial reports show that Jinshanyun's Q2 revenue reached a record high of 3.07 billion yuan in a single quarter, with a year-on-year increase of 30.8%. During the quarter, AI cloud bill revenue reached 1.33 billion yuan, up 82% year on year, accounting for 56% of public cloud revenue, driving public cloud revenue up 45.1% year on year to 2.36 billion yuan.

Revenue structure optimization combined with cost reduction and efficiency measures worked. Jinshan Cloud's profitability continued to improve. After the Q2 adjustment, gross margin increased to 15.4%, an increase of 2.4 percentage points over the previous month; the adjusted operating profit margin reached 4.0%, once again achieving profit at the operating level.

Jinshan Cloud closely focuses on the needs of intelligent computing implementation and AI applications to upgrade full-stack AI capabilities. This quarter, the Jinshan Yunxingyuan AgentKit platform provides a one-stop smart development and governance platform for enterprise-level AI applications, integrating run-time, security sandbox, knowledge and memory capabilities to help enterprises quickly build production-level AI agent applications; Jinshan Yunxingliu model API service upgrades multi-model services and enterprise-level access capabilities. Through high concurrent inference optimization, core model throughput capacity is increased by up to 150%, and supports full-link refined management according to authority, usage, and model dimensions.