Financial results for the first four months of 2026 released: Revenue surged by approximately 163%, breakthroughs in intelligent driving and embodied intelligence

On May 16, 2026, ZhiXing Technology (1274.HK) announced its unaudited financial results for the four months ended April 30, 2026. During this period, the company's revenue increased by 162.55% year-over-year, while pre-tax losses narrowed significantly by 51.39%.

A leapfrog increase in delivery volume, with core product sales skyrocketing

During the period, the total sales volume of the company's products increased by 243.3% year-on-year, with cumulative deliveries exceeding 148,000 sets of combined driving assistance solutions and products. Sales of self-developed combined driving assistance domain controllers and smart front-view cameras grew by 95.6% and 460.3%, respectively, becoming a key driver of performance growth. Notably, the first mass-produced model equipped with the iDC500 domain controller – the Chery iCAR V27 – officially launched in March 2026, showcasing the company’s application capabilities and efficient delivery for Horizon Robotics' Journey 6 series computing platform.

Frequent positive updates on designated projects, achieving breakthroughs in customer base expansion and overseas strategy

During the period, the company secured 23 designated project awards from renowned OEMs, with projects expected to enter mass production between 2026 and 2027. For the first time, the company obtained two designated projects from a large state-owned automaker in the north and successfully expanded its client base to include customers in Taiwan and direct overseas clients, opening up new avenues for long-term growth.

Deepening multi-platform strategy, covering entry-level to mid-to-high-end segments comprehensively

In terms of platform layout, the company has continuously strengthened its designated products and solutions based on the Horizon Robotics Journey® 6B platform, solidifying its advantage in small computing power platforms. Additionally, multiple new designations were achieved for iDC500 and iDC700 products based on the Horizon Robotics Journey® 6M computing platform, further enhancing competitiveness in mid-to-high-end assisted driving.

Accelerating deployment of embodied intelligence, securing leading robotics orders

The company’s wholly-owned subsidiary received a new order for its full-stack self-developed robotics AI BOX iRC100P from a leading domestic robotics firm and has successfully completed deployment on the client’s robots. As a significant milestone, the company will continue to accelerate the commercialization of embodied intelligence, unlocking more real-world application value.

About ZhiXing Technology

ZhiXing Technology (01274.HK) is an innovative technology enterprise focused on the practical application of artificial intelligence technologies. It operates two main business lines: intelligent driving solutions and full-stack embodied intelligence solutions. Equipped with advanced system R&D capabilities encompassing computing platforms, efficient low-level middleware, and model algorithms, as well as robust hardware-software integration deployment capabilities, the company has delivered over one million high-performance assisted driving solutions to date.

Targeting the rapidly growing artificial intelligence industry, the company has established an integrated production and research base for technological innovation. It is aggressively advancing the development and mass production of cutting-edge algorithms and technological paradigms such as end-to-end systems and large models. The company has also swiftly entered the embodied intelligence sector, successfully self-developing its first batch of robot units, key components, and their corresponding hardware-software integrated solutions.

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