Zhixing Technology (01274) released interim results, revenue of 760 million yuan, up 107.79% year-on-year

According to the Zhitong Finance App, Zhixing Technology (01274) announced the 2026 interim results. The group obtained revenue of RMB 760 million (same unit), an increase of 107.79% over the previous year; the loss attributable to the company's equity shareholders was 53.012 million yuan, a decrease of 70.21% over the previous year; and a loss of 0.21 yuan per share.

According to the announcement, the increase in revenue was mainly due to a jump in mass production and delivery of integrated driver assistance domain controllers in various OEM projects, and sales volume increased 62.32% over the same period in 2025. In particular, sales of self-developed iDC series combined driving assistance domain controllers and smart front-view cameras increased 160.36% compared to the same period last year. Among them, revenue from the sales portfolio of driver assistance solutions and products was $664 million, up 336.6 million yuan or 102.79% from the same period in 2025; revenue from providing R&D services related to intelligent driving was 17.86 million yuan, a decrease of 7.93 million yuan or 30.75% from the same period in 2025; and revenue from sales of PCBA products and other auxiliary materials was 78.35 million yuan, an increase of 65.64 million yuan or 516.56% over the same period in 2025; revenue from other projects was 150,000 yuan.

During the reporting period, the company's products and algorithms were continuously iterated and improved. On the product side, the IDC310 combined assisted driving domain controller based on the Horizon Journey® 6b platform has been successfully mass-produced. The product is equipped with an efficient sparse 4D Transformer end-to-end sensing architecture and interactive game model. In addition to supporting basic driving functions, it also has comfort functions such as traffic light assistance and in-lane and cross-lane detour; at the same time, the 5V BEV three-in-one sensing model and full hybrid A-star planning algorithm give the system anthropomorphic parking path planning capabilities and strong scene generalization capabilities, which can cover advanced parking scenarios such as cross-channel parking and reverse horizontal parking. In addition, the IDC510Pro combined assisted driving domain controller built on the Horizon Journey® 6m platform has been successfully mass-produced, and the first mass-produced model equipped with this combined auxiliary driving domain controller was officially launched in March 2026; the iDC700 domain controller for L4 autonomous driving has also successfully completed mass production and delivery, and the first batch of unmanned logistics cars equipped with this controller have been put into road operation. The company has formed a comprehensive domain controller product echelon from inclusiveness, high performance to L4 level, covering various scenarios such as passenger car parking, commercial vehicles and unmanned logistics vehicles, and has achieved comprehensive breakthroughs in large-scale mass production.

In terms of algorithms and models, the company's self-developed Elmo Star Model was officially registered for the Jiangsu Generative Artificial Intelligence Service in May 2026. The large model is developed based on an open source large model. It has environmental perception, semantic understanding, route planning and intelligent decision-making capabilities for complex urban roads, highways and specific parking lots, and can be applied to the development of automotive intelligent driving systems, simulation test platforms, and optimization and verification of intelligent travel service solutions.