Vanchip Technologies released its 2026 interim report, with net profit attributable to the parent company at negative 95.52 million yuan, a widening of 86.09 million yuan compared with the same period last year. Total operating revenue was 974 million yuan, down 1.26 percent year on year. Net cash outflow from operating activities was 144 million yuan, an expansion of 131.62 percent year on year. The latest gross margin was 21.45 percent, down 3.08 percentage points from a year earlier. Diluted earnings per share were negative 0.22 yuan.
Vanchip (Tianjin) Technology Co. Ltd. ANet loss widened and revenue declined in interim report.
