Pateo Connect FY26 H1 net loss widens 35.1% to RMB 307.23 million; revenue more than doubled to RMB 2.23 billion

• Pateo Connect posted revenue of RMB 2.23 billion, more than doubled from a year earlier.
• Net loss widened 35.1% to RMB 307.23 million, while gross profit rose 64.7% to RMB 257.13 million.
• Non-IFRS adjusted net loss narrowed to RMB 105.02 million from RMB 162.09 million.
• Smart cockpit solutions revenue climbed 97% to RMB 1.99 billion; AI related solutions revenue rose to RMB 208.76 million.
• R&D spending increased 33.5% to RMB 148.22 million; cash and cash equivalents totaled RMB 1.54 billion at June 30, 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Pateo Connect Technology (Shanghai) Corporation published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260831-12308906), on August 31, 2026, and is solely responsible for the information contained therein.