Phancy returns to profit in FY26 H1; revenue rises 43.4% to RMB 3.77 billion

• Phancy posted revenue of RMB 3.77 billion, up 43.4% year-on-year, swinging to a profit of RMB 128.35 million.
• Operating profit reached RMB 136.42 million; gross profit rose to RMB 1.23 billion as gross margin narrowed 4.9 percentage points to 32.8%.
• AI Platform revenue climbed to RMB 3.09 billion, up 30%; API business rose to RMB 463.9 million, up 860.8%.
• Agentic AI revenue increased to RMB 213.7 million, up 4.9%; available computing power resources expanded to 28,000 PFLOPS.
• R&D spending increased to RMB 1.21 billion, up 35.2%; selling and marketing expenses fell to RMB 28.3 million, down 85%.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Phancy Group Co. Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260904-12320966), on September 04, 2026, and is solely responsible for the information contained therein.