Financial Performance - The company reported a total revenue of 1.676 billion RMB in the first half of the year, representing a year-on-year increase of 61.7% [1] - The order volume for the core mobility service business grew by 51.13% to 73.3 million orders, contributing a transaction value increase of 56.83% to 2.032 billion RMB [1] - The company achieved a gross profit of 37.438 million RMB, a significant increase of 215.4% compared to the same period last year, resulting in a gross margin of 2.2% [1] Cost Management - The average transaction value per order increased from 26.7 RMB to 27.7 RMB, reflecting a growth of 3.75% [2] - Financial costs were significantly reduced by 43.4%, while general and administrative expenses, as well as sales and marketing expenses, decreased by over 20% [2] Investment in Technology - The company has invested over 137 million HKD in autonomous driving and Robotaxi operational service R&D since its listing, with plans to invest an additional 256 million HKD in 2026 and beyond [2] - The company currently operates over 300 Robotaxi vehicles, with order volume increasing by over 470% and monthly active users rising by over 70% year-on-year [1]

Core Insights - The company reported a total revenue of 1.676 billion yuan for the first half of the year, representing a year-on-year growth of 61.7% [1] - The order volume for the ride-hailing service increased by 51.13% to 73.3 million orders, driving a transaction value increase of 56.83% to 2.032 billion yuan [1] - Revenue from technology services, related to tech operations, surged by 207% [1] Financial Performance - The company achieved a positive gross margin for the first time, with the gross margin rising from -3.1% in the same period last year to 2.2% [1] - The total gross profit amounted to 37.438 million yuan, reflecting a year-on-year increase of 215.4% [1] Investment in Technology - Since its listing, the company has invested over 137 million Hong Kong dollars in research and development activities for autonomous driving and Robotaxi operations [1] - Currently, the company operates over 300 Robotaxi vehicles, covering multiple core areas in the Greater Bay Area [1]