CARLINK TECH (02531) has released its interim results for the six months ended June 30, 2026, revealing a shift to a net loss amid a revenue decline.

The group recorded revenue of RMB 242 million, representing a decrease of 20.27% year-over-year. A loss attributable to owners of the company amounted to RMB 43.245 million, contrasting with a profit of RMB 19.121 million recorded in the same period last year, with a loss per share of RMB 0.12.

During the reporting period, the business focus of automakers and service outlets has been progressively shifting from new vehicle sales toward ancillary services covering the entire vehicle ownership lifecycle. In line with this industry trend, the group has continued to prioritize the expansion of its higher-margin software and services business. Revenue from software and services accounted for 90.6% of total revenue, up from 83.0% in the same period of 2025, while maintaining a robust gross margin of 82.7% for this segment. This strategic shift lifted the group's overall gross margin to 75.3% from 69.3% in the prior year, further optimizing its business structure.