Ruqi Travel (09680) announced interim results, with revenue of 4,035 billion yuan, an increase of 140.7% year-on-year

According to the Zhitong Finance App, Ruqi Travel (09680) announced interim results for the six months ended June 30, 2026. The group achieved revenue of 4,035 billion yuan, an increase of 140.7% year on year; loss due to the company's equity shareholders was 68.49 million yuan, a decrease of 45.2% year on year; loss per share was 0.35 yuan.

Despite the company's losses during the reporting period, the company's financial performance and financial situation continued to improve. The company's total revenue increased from 1,676.5 billion yuan in the same period in 2025 to 4,035 billion yuan for the six months ending June 30, 2026. This is due to the increase in the company's online car-hailing transaction volume, which is mainly due to the strengthening of cooperation between the company and third-party travel service platforms and the company's geographical expansion strategy.

The company's gross profit increased from 195 million yuan in the same period in 2025 to 500.9 million yuan for the six months ending June 30, 2026. This was mainly driven by the gross profit contribution of the company's travel services. The increase in revenue exceeded the increase in sales costs, reflecting an improvement in overall operating efficiency due to scale effects. The company's order volume increased from 73.3 million orders in the same period of 2025 to 183.7 million orders in the six months ended June 30, 2026, an increase of about 150.6%, while the company's daily order volume also increased from 404.9 thousand orders in the same period in 2025 to 1015.2 thousand orders in the six months ended June 30, 2026, an increase of about 150.7%.

Based on the “Robotaxi+” strategy, we plan to expand Robotaxi operations to 100 core cities and build a fleet of more than 10,000 vehicles with our partners over the next five years. We will also promote a billion-level investment plan to establish a three-tier Robotaxi operation and maintenance network covering 100 core cities to form a comprehensive capacity that can provide offline operation and maintenance support for 100,000 Robotaxi vehicles every year.