PHANCY Posts Interim Net Profit of RMB119 Million, With API Revenue Surging Around 860.8% Year-on-Year

Stock News
Aug 20

PHANCY (06682) has released its results for the six months ended June 30, 2026, showing a marked acceleration in revenue growth and sustained improvements in profitability, with its three business segments operating in efficient synergy. The company generated revenue of RMB3.765 billion, representing an increase of approximately 43.4% compared with the same period last year. Net profit attributable to shareholders for the period reached RMB119 million, successfully turning positive from a loss in the prior-year period, marking a significant milestone in commercial advancement.

During the reporting period, all three business segments contributed to growth. The AI Platform, serving as the company's core foundation, generated revenue of RMB3.088 billion, up approximately 30.0% year-on-year. Notably, the API business recorded revenue of RMB464 million in the first half of the year, a dramatic surge of approximately 860.8% year-on-year, rapidly establishing itself as one of the most important growth drivers and a key factor behind the company's significant revenue outperformance. The Agentic AI business remained steady, generating RMB214 million in revenue during the period, an increase of approximately 4.9% year-on-year.

PHANCY has evolved into a leading domestic third-party Token factory known for high quality and efficiency, with its API business achieving leapfrog growth. This rapid expansion is underpinned by the company's comprehensive end-to-end capability system with no weak links. Leveraging two core technologies—the HAMi vGPU computing optimization and the ModelHub model optimization—the company has built a highly efficient Token production infrastructure that can generate more and higher-quality Tokens under equivalent computing conditions, establishing a formidable core technological moat.

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