SEER TECH (06106) announced its interim results, with revenue increasing by 67.5% year-on-year to 264 million yuan.

SEER TECH (06106) released its interim results for the six months ended June 30, 2026, reporting revenue of RMB 264 million, a year-on-year increase of 67.49%; a loss attributable to shareholders of the parent company of RMB 37.894 million, a year-on-year decrease of 25.1%; and a loss per share of RMB 0.38. The strong market competitiveness has driven the continuous growth of the Group's performance. During the reporting period, the Group maintained a high growth momentum, with revenue increasing by 67.5% year-on-year. The gross margin of "Siasun Robot & Automation Brain" is approximately 80%, and the Group's overall gross margin reached 46.6%. The net loss narrowed by 25.1% year-on-year, making the Group one of the few embodied intelligence enterprises globally and in China that master core technologies while achieving substantial revenue. During the reporting period, we continued to deepen our presence in the global market, achieving rapid growth in overseas orders, overseas revenue, and customer numbers. With the ongoing improvement of the localized sales and service system, overseas business has gradually become an important growth driver for the Group. During the reporting period, the Group secured new overseas orders amounting to over RMB 124.4 million, a year-on-year increase of over 550%, laying a solid foundation for subsequent conversion into overseas revenue. The Group's overseas revenue reached RMB 65.8 million, an increase of 197.5% year-on-year, accounting for approximately 25% of total revenue. The gross margin for overseas business remained at a high level of around 67%. The rapid growth of overseas revenue and the high gross margin demonstrate the competitiveness of the Group's products in the international market. By establishing overseas offices, forming localized sales and service teams, participating in international trade exhibitions, and strengthening cooperation with channel partners, the Group has continuously expanded its customer coverage in North America, Europe, and the Asia-Pacific market while enhancing service capabilities. As of June 30, 2026, the Group's customers cover 43 countries and regions, with the number of new overseas customers increasing by over 150% year-on-year.