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iFlytek reported H1 2026 revenue of RMB 11.62 billion, up 6.52% YoY. Net loss attributable to shareholders narrowed 14.68% to RMB 204 million. The com…

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iFlytek reported H1 2026 revenue of RMB 11.62 billion, up 6.52% YoY. Net loss attributable to shareholders narrowed 14.68% to RMB 204 million. The company is shifting away from some government-focused project work toward consumer and enterprise businesses as it expands the commercialization of its AI products.

<a href="/company/li-auto">Li Auto</a> delivered 37,679 vehicles in August, up 32.1% YoY. Cumulative deliveries reached 1,801,834 vehicles as of August 31.

<a href="/company/nio">Nio</a> delivered 35,836 vehicles in August, up 14.5% YoY. Year-to-date deliveries reached 262,893 units, up 57.9%, while cumulative deliveries totaled 1,260,485 as of August 31.

Didi launched driverless passenger testing for its R2 robotaxi on August 31 in selected areas of Beijing and Guangzhou. Developed with GAC Aion, the R2 uses Didi’s proprietary Level 4 autonomous driving hardware and software stack.

4Paradigm will reportedly spend more than RMB 1 billion on Huawei Ascend 950 chips to support AI model deployment in finance, manufacturing, and other sectors. The company reported H1 2026 API revenue of RMB 464 million, up 860.8% YoY, while its outstanding orders totaled about RMB 7 billion.

<a href="/company/huawei">Huawei</a>, <a href="/company/xiaomi">Xiaomi</a>, and <a href="/company/honor">Honor</a> raised prices on several smartphone models on September 1. Affected products include Huawei’s Mate 80 series, Honor’s Power2 and Magic8, and Xiaomi’s Xiaomi 17 and Redmi K90 series. The companies cited higher component costs, while industry reports have pointed to rising memory and processor prices.

Z.ai reported an H1 2026 net loss of RMB 2.07 billion, narrowing 12.1% YoY. Revenue surged 399.7% to RMB 954 million, with cloud deployment revenue accounting for 86.5% of the total. R&amp;D spending rose 33.6% to RMB 2.13 billion as the company continued developing its GLM model series.

Horizon Robotics reported H1 2026 net profit attributable to shareholders of RMB 3.78 billion, reversing a loss a year earlier. Revenue rose 32.9% YoY to RMB 2.06 billion, supported by a 52.7% increase in licensing and services revenue. Gross margin remained at 66%, while the company maintained the leading share of China’s intelligent driving computing platform market.

Momenta reported H1 2026 revenue of RMB 1.6 billion, up 76% YoY. Adjusted net loss narrowed 97% to RMB 14.1 million, while cash reserves exceeded RMB 15 billion following its July IPO.

<a href="/company/li-auto">Li Auto</a> will launch its updated Li Mega MPV on September 2. CEO Li Xiang said the MPV market is reaching a technological turning point driven by <a href="/industry/ev">EV</a> architecture. The new model features four solid-state LiDAR sensors, up from one, and adopts semi-hidden door handles.

<a href="/company/meituan">Meituan's</a> international food delivery platform Keeta reportedly achieved positive unit economics in Saudi Arabia in July, about 22 months after entering the market. The company has applied experience from its China operations in logistics and merchant digitization, while higher average order values and established delivery habits have supported its expansion.

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How does automation advance industry? Analyze robotic arms, drones, and AI-driven tools reshaping manufacturing and services.

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The company expects to begin trading in Hong Kong on September 9 as it raises capital for R&D, expansion, and acquisitions.

Excelland Robotics targets growth in commercial service robots with Hong Kong IPO

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Image shows the Onero H1 humanoid robot, developed by OneRobotics and marketed under its SwitchBot consumer brand.

Three newer product lines accounted for 13.1% of the company’s first-half revenue.

Europe and North America lift OneRobotics as new robot lines enter commercialization

The startup says its system can autonomously complete a 55-step workflow using the same tools and workspace designed for humans.

iFlytek H1 revenue rises 6.5%

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