Ruqi Mobility reports 140.7% revenue growth in 2026 interim results

Ruqi Mobility (9680. HK) has reported significant growth in its 2026 interim financial results, with revenue reaching 4.035 billion RMB, a year-on-year increase of 140.7%. The company’s gross profit rose by 156.3% to over 500 million RMB, while overall profit improved by 45.2% compared to the previous year.

Key drivers of this growth include the company’s dual-engine strategy of mobility services and technical services. Mobility service revenue reached 3.92 billion RMB, supported by a 150.6% increase in total orders, with daily orders surpassing the one-million mark. The company is also expanding its Robotaxi operations, with over 550 vehicles currently in service across regions including Guangzhou, Shenzhen, and Hengqin.

Technical services, which leverage AI data for autonomous driving and embodied intelligence, saw a massive revenue surge of 274.4%, exceeding 100 million RMB for the first time. This segment maintains a high gross margin of 22.7%, positioning it as a primary driver for future growth.