Thunder Software Technology Co Ltd

Thundersoft released its 2026 interim report, showing first-half net profit attributable to the parent of 246 million yuan, up 55.0% year on year. Operating revenue was 4.30 billion yuan, up 30.5% year on year. Net profit attributable to the parent after deducting non-recurring items was 234 million yuan, up 71.3% year on year. Net operating cash flow was negative 63.57 million yuan, down 123.8% year on year. Second-quarter operating revenue was 2.56 billion yuan, up 39.6% year on year, and net profit attributable to the parent was 143 million yuan, up 117.3% year on year. The company said it will focus on AIOS as its core and promote a shift in technical capabilities from mobile OS expert to AIOS expert, concentrating on four major areas: embodied intelligence, intelligent vehicles, intelligent software, and intelligent IoT.

The 2026 World Robot Conference will be held from August 19 to 23, 2026, alongside the World Robot Expo and the World Robot Contest. ThunderSoft said its full range of mobile robot products includes core offerings such as latent mobile robots, forklift robots, and composite and embodied robots. In January 2026, its subsidiary Hangzhou Xiaowu Intelligent Co., Ltd. signed a strategic cooperation agreement with the Beijing Humanoid Robot Innovation Center, and the two sides will carry out in-depth cooperation on the large-scale application of humanoid robots in vertical scenarios such as automobile manufacturing, warehousing and logistics, and commercial services. OGAWA said the company is accelerating its embodied intelligence business layout and exploring scenario-based application implementation of health service robots in vertical fields. Ningbo Huaxiang said its subsidiary Huaxiang Qiyuan will have a booth at the World Robot Conference to showcase its latest bipedal and quadruped robot bodies as well as lightweight joint components and skeletal parts. Bojay Electronics said that in response to the needs of humanoid robots for electronic eye observation, electronic skin tactile sensing, and microphone sound reception, it has developed testing technologies adapted to humanoid robot cameras, force sensors, and microphones.

SigmaStar Technology surged by the daily limit up in early trading on July 20 after a sharp increase in its earnings forecast. The company expects net profit for the first half of 2026 to be between 820 million and 900 million yuan, representing year-on-year growth of 583.72 percent to 650.42 percent. Second-quarter net profit is projected to rise by 172.73 percent to 209.09 percent quarter-on-quarter, mainly driven by the large-scale deployment of edge-side AI applications. Meanwhile, Moonshot AI released a new generation open-source model, Kimi K3, with a parameter scale of 2.8 trillion, making it the first open-source model to surpass 2 trillion parameters and topping the Arena AI code evaluation leaderboard. This marks the first time a Chinese large model has claimed the top spot. Kimi's annual recurring revenue has exceeded 300 million US dollars, and the company's pre-money valuation for a new funding round has risen to 31.5 billion US dollars, more than six times higher than the Series C round in December 2025, with a Hong Kong listing potentially completed within six months. Institutions believe that domestic large models are driving a shift in AI applications toward subscription models, offering huge commercial value. China's AI large model market was approximately 29.4 billion yuan in 2024 and is expected to exceed 70 billion yuan by 2026. According to statistics from Securities Times Data Treasure, AI large model concept stocks have fallen by an average of 21.15 percent this year, but six stocks including Maxvision Technology have gained over 20 percent. Institutions forecast that eight concept stocks, including iSoftStone and ThunderSoft, are likely to achieve net profit growth of over 30 percent in both this year and next.

On the evening of July 18, five ChiNext-listed companies—TFC Optical Communication, Xingchen Technology, Dangsheng Technology, Lizhong Group, and ThunderSoft—issued positive first-half profit alerts. TFC Optical Communication expects first-half net profit attributable to the parent of 1.124 billion to 1.304 billion yuan, up 25% to 45% year-on-year, mainly driven by global AI industry development and data center construction fueling demand for high-speed optical devices. Xingchen Technology expects first-half net profit attributable to the parent of 820 million to 900 million yuan, a surge of 583.72% to 650.42%, primarily due to a full-scale explosion in demand for edge-side AI industries. Dangsheng Technology expects first-half net profit attributable to the parent of 480 million to 530 million yuan, up 54.26% to 70.33%, benefiting from substantial sales volume growth in power, energy storage, and consumer market products. Lizhong Group expects first-half net profit attributable to the parent of 540 million to 585 million yuan, up 34.57% to 45.78%, thanks to optimized global production capacity layout and ramp-up of high-value-added products. ThunderSoft expects first-half net profit attributable to the parent of 238 million to 246 million yuan, up 50% to 55%, as the company's adherence to globalization and its AIOS strategy drives revenue growth of over 30%.

ThunderSoft announced that it expects net profit attributable to shareholders of the listed company for the first half of 2026 to be between 238 million and 246 million yuan, representing a year-on-year increase of 50% to 55%. The change in performance is mainly due to the company adhering to its globalization and AIOS strategy, actively expanding global business, and deepening the application of AIOS technology, with operating revenue expected to grow by more than 30% compared with the same period last year. Net profit for the second quarter is expected to be between 135 million and 143 million yuan, up 32% to 39% quarter-on-quarter from 102 million yuan in the first quarter.