UISEE Tech reported interim revenue of RMB 162.70 million for the six months ended 30 June 2026, up 64.9% year-on-year, driven by higher deliveries across vehicle, kit and software lines.

Gross profit rose 54.6% to RMB 85.99 million, yet the gross margin slipped to 52.9%, down 3.5 percentage points, reflecting a shift in the sales mix.

The company’s loss widened 14.9% to RMB 126.38 million, weighed by a 20.1% increase in R&D spending to RMB 117.16 million and higher administrative and selling expenses following its May 2026 Hong Kong listing.

Segment performance • Autonomous driving vehicle solutions: revenue RMB 74.55 million, +29.9%. • Autonomous driving kit solutions: revenue RMB 25.12 million, +7,557.3%, reflecting new customer wins. • Autonomous driving software solutions: revenue RMB 62.36 million, +56.1%. • Vehicle leasing: revenue RMB 0.67 million, down 33.0% as clients shifted to outright purchases.

Cost of sales increased 78.2% to RMB 76.71 million in line with volume growth. Other income and gains more than doubled to RMB 8.58 million, mainly from government grants.

Balance-sheet highlights • Cash and cash equivalents jumped to RMB 801.12 million from RMB 113.35 million at end-2025, buoyed by RMB 726.00 million net proceeds from the global offering and new bank borrowings. • Interest-bearing bank loans rose to RMB 217.53 million from RMB 124.20 million. • Net current assets reached RMB 789.74 million, while the gearing ratio improved to 36.1% from 57.5% at end-2025.

Cash flow • Operating activities consumed RMB 103.60 million, reflecting the interim loss and working-capital build-up. • Investing outflows were RMB 18.01 million, mainly for R&D equipment. • Financing inflows totaled RMB 813.81 million, driven by IPO proceeds and net new loans.

No interim dividend was declared. As of period-end, UISEE Tech employed 459 staff and reported no material contingent liabilities or post-balance-sheet events.