May Day Vision (06651) announced its first half results, with revenue of about 124 million yuan, an increase of about 129.8% year-on-year

According to the Zhitong Finance App, May Day Vision (06651) announced interim results for the six months ended June 30, 2026. The group achieved revenue of 124 million yuan, an increase of 129.8% year on year; loss due to the company's equity shareholders was 67.572 million yuan, a decrease of 25.84% year on year; loss per share was 0.16 yuan.

During the reporting period, the global artificial intelligence industry accelerated a paradigm shift from “digital AI” to “physical AI”. As the first physical AI core infrastructure enterprise publicly listed on the capital market in China, the company achieved leapfrog breakthroughs in various aspects such as strategic position, performance growth, organizational efficiency and ecological construction during this period of accelerated intergenerational migration of the industry based on long-term technology accumulation and deep development of scenarios in the field of physical AI.

In terms of financial performance, the company's revenue during the reporting period reached about 124 million yuan, up about 129.8% year on year; gross margin increased from 41.1% in the same period last year to 44.8%; R&D investment increased 80.3% year on year; and net loss narrowed 25.5% year on year during the reporting period. While the company's revenue began to grow rapidly, the quality and efficiency of operations were further improved.

In terms of business performance, the revenue of the company's core physical AI business 51sim (intelligent driving and physical intelligence) increased 545.2% year-on-year, and the revenue share increased from 14.8% to 41.4%, and the business weight increased dramatically. This marks a critical inflection point for 51Sim's upgrade from the company's second-curve incremental supplement business to a core growth engine business. Based on the business's market leadership in the field of intelligent driving and the market breakthroughs achieved in the field of embodied intelligence, the company expects it to continue to grow rapidly.