Changes in US stocks | Jinshan Cloud (KC.US) surged more than 11%, Q2 revenue increased 30.8% year on year to hit a record high in a single quarter

The Zhitong Finance App learned that on Wednesday, Jinshan Cloud (KC.US) surged more than 11% to $12.07. According to the news, on August 19, Jinshanyun released financial results for the second quarter of 2026. The company maintained a strong growth momentum during the quarter. 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, public cloud achieved revenue of 2.36 billion yuan, an increase of 45.1% over the previous year. Among them, AI cloud bill revenue reached 1.33 billion yuan, up 82% year on year, accounting for 56% of public cloud revenue; industry cloud achieved revenue of 710 million yuan; adjusted gross margin increased to 15.4%, an increase of 2.4 percentage points over the previous month; and the adjusted operating margin reached 4.0%, once again achieving profit at the operating level.

During the quarter, revenue from Xiaomi and Jinshan Ecology reached 810 million yuan, an increase of 28.2% over the previous year, accounting for 26.2% of total revenue. As ecological enterprises continue to strengthen in the field of AI, the company will usher in more opportunities for business growth.