Jinshan Cloud (03896) Q2 AI cloud bill revenue reached 1.33 billion yuan and reached a new high, driving a 45.1% year-on-year increase in public cloud revenue

The Zhitong Finance App learned that on August 19, Jinshanyun (03896; KC.US) released financial results for the second quarter of 2026. Financial reports show that Jinshan Cloud's Q2 revenue was 3.07 billion yuan, an increase of 30.8% over the previous year. In the second quarter, the company's profitability continued to improve. The adjusted gross margin increased to 15.4%, up 2.4 percentage points from month to month; the adjusted operating profit margin reached 4.0%, once again achieving profit at the operating level.

During the quarter, public cloud revenue reached 2.36 billion yuan, an increase of 45.1% over the previous year. AI cloud bill revenue reached 1.33 billion yuan, an increase of 82% over the previous year, accounting for 56% of public cloud revenue. Industry Cloud achieved revenue of 710 million yuan.