LINKLOGIS-W (09959) released its interim results, with a net profit attributable to shareholders of 23.936 million yuan, marking a year-on-year turnaround from loss to profit.

LINKLOGIS-W (09959) announced its interim results for the first half of 2026, reporting a revenue and income of RMB 579 million, an increase of 54.6% year-on-year; the profit attributable to equity shareholders was RMB 23.936 million, a significant improvement from a loss of RMB 380 million in the same period last year; earnings per share was RMB 0.01. In the first half of 2026, the group firmly advanced its "AI + industrial finance" strategy, leveraging AI-native technology to reshape our revenue structure and achieve high-quality growth. During the reporting period, the group realized revenue and income of RMB 579 million, a substantial increase of 55% compared to the same period last year. This robust growth was primarily driven by the accelerated penetration of enterprise-level AI applications centered around our self-developed large model "LDP-GPT" and the Fenglian AI Agent in supply chain finance scenarios: on one hand, this promoted the continuous expansion of the industrial ecosystem, steadily increasing total transaction volume; on the other hand, it accelerated cross-selling to customers, significantly enhancing customer value contribution and unit transaction price. During the reporting period, the group's technology solutions processed total supply chain transactions of approximately RMB 186.7 billion, a year-on-year increase of 22%. As of the end of the reporting period, the group served 3,856 core enterprises and 468 financial institutions, covering more than 450,000 small and medium-sized enterprises in the upstream and downstream of the supply chain, with a customer retention rate consistently maintaining a high level of 99%. Alongside the substantial growth in revenue, core profitability also steadily strengthened. During the reporting period, gross profit increased by 25% year-on-year from RMB 210 million in the first half of 2025 to RMB 263 million in the first half of 2026. The close synchronicity between gross profit growth and total transaction volume growth confirms that, empowered by AI-native technology, the group has established a virtuous cycle of scale expansion and core profit growth, continuously releasing strategic dividends towards a high-quality and sustainable business system transformation. During the reporting period, the group achieved a profit attributable to equity shareholders of RMB 24 million, a substantial improvement of 106% compared to a loss of RMB 380 million in the same period last year, successfully turning from loss to profit. This significant improvement in performance, based on steady gross profit growth, can be attributed to: firstly, the group's continued use of self-developed AI applications to enhance the quality and efficiency of business and organizational processes, resulting in a substantial increase in operational efficiency, with the operating expense ratio significantly decreasing by 26 percentage points compared to the same period in 2025; secondly, the group's proactive risk management was effectively executed, successfully resolving previously inherited historical challenges related to bridge supply chain assets. As of June 30, 2026, our total balance of cash and cash equivalents, time deposits, and restricted cash was RMB 4.5 billion, with ample cash reserves and a healthy financial position.