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2026-08-25
09:22
YADEA and J&T Express Philippines Sign Strategic Agreement to Advance Electric Last-Mile Delivery

TAGUIG CITY, Philippines, Aug. 25, 2026 /PRNewswire/ -- Yadea Philippines and J&T Express have announced a strategic partnership to accelerate the adoption of electric vehicles in the local logistics sector. Manila will serve as the pilot with 1,000 units rolling out initially, followed by nationwide expansion.

Yadea and J&T Sign Representative Ceremony
Yadea and J&T Sign Representative Ceremony

As the global No.1 electric two-wheeler brand for nine consecutive years, Yadea operates over 70 branded sales and service centers, with flagship models like EPOC and CL8. Partnering with J&T Express, a leading Philippine courier, will accelerate Yadea's entry into the local logistics market. Together, they aim to optimize logistics and drive a greener, low-carbon future for express delivery, reflecting the companies' shared commitment to sustainable urban mobility and environmental stewardship.

YADEA ST13 is an electric delivery tricycle designed for high-frequency, short-distance commercial delivery scenarios. It integrates energy-efficient transport systems purpose-built for high-frequency urban dispatch. The unit features a weight-reducing mesh cargo box that directly optimizes battery range, paired with premium A+ grade puncture-resistant steel-wire tires designed for continuous delivery operational capability.

Yadea General Manager of the Philippines Wang Chun stated, "This cooperation reflects a deep synergy between product capability and logistics networks, representing a practical response to the country's demand for green transportation. We hope our locally tailored electric vehicles allow delivery personnel to ride with greater peace of mind and operate more efficiently, injecting tangible momentum into low-carbon urban logistics."

J&T Express Philippines National Capital Region Key Account Manager Mary Andaya stated, "Through this collaboration, we are actively integrating electric vehicle solutions into our last-mile operations. This initiative optimizes our daily workflow while aligning with our shared direction of collaborating on the large-scale adoption of electric tricycles for deliveries to enhance delivery efficiency within the local logistics sector."

About YADEA

YADEA is a leading electric mobility brand and has ranked No.1 globally in electric two-wheeler sales for nine consecutive years. Driven by innovation, YADEA provides electric two-wheelers, electric tricycles and other mobility solutions to users around the world through its integrated capabilities in R&D, manufacturing, products channels and services.

About J&T Express Philippines

J&T Express Philippines, a nationwide logistics provider established in 2019, offers express delivery services via land, air, and sea. The company operates automated distribution centers and maintains extensive trucks and delivery services that run 24/7, ensuring that packages are safely delivered across the Philippines.

Contact:
[email protected]

 

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08:23
NVIDIA: Groq Chips to Launch This Yr

NVIDIA Corporation (NVDA.US) announced that its Groq 3 LPX chips have entered full-scale production.

Senior Director Dion Harris said the Groq chips will be deployed alongside the Vera CPU and Rubin GPU at cloud service provider Nebius, with launch scheduled for later this year.

NVIDIA is accelerating production and customer supply of Groq chips, reflecting the growing importance of low-latency inference technology.

The technology helps AI agents improve response speed in applications such as coding and reduces user waiting time. NVIDIA noted that cloud companies can charge higher fees for related token services.

NVIDIA acquired Groq assets for USD20 billion in December 2025, marking the company's largest-ever acquisition. Groq chips are manufactured by Samsung, while TSMC (TSM.US) produces NVIDIA's GPUs.
~

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2026-08-24
20:35
WuXi XDC Delivers Strong First Half 2026 Performance, with Improving Margins and Profitability Further Strengthening Global ADC/XDC CRDMO Leadership

  • Group total revenue increased to RMB 3,701.4 million, representing 37.0% period-over-period growth on an AER[1] basis (41.5% growth on a CER[2] basis)
  • Gross profit grew by 40.6% period-over-period, reaching RMB 1,371.3 million. Gross profit margin was 37.0%, a 0.9 percentage points increase compared to 2025 1H
  • Adjusted net profit attributable to owners of the Company increased by 37.4% period-over-period, reaching RMB 1,027.3 million. The margin of adjusted net profit attributable to owners of the Company remained stable at 27.8%, a 0.1 percentage increase compared to 2025 1H
  • The total global customer base expanded to over 810 companies, and 15 out of the TOP 20 global pharmaceutical companies have partnered with us
  • The total number of iCMC projects reached 328, with 51 newly signed iCMC projects
  • The commercial and PPQ pipeline: 2 commercial projects; 21 PPQ projects in total, with 2 PPQ projects newly signed in 2026 1H
  • The service backlog grew to approximately US$2.0 billion, a solid 50.4% increase period-over-period. Including the upcoming milestone fee, total backlog reached approximately US$2.2 billion, up 62.2% period-over-period

[1] Actual exchange rate

[2] Constant exchange rate

SHANGHAI, Aug. 24, 2026 /PRNewswire/ -- WuXi XDC Cayman Inc. (the "WuXi XDC" or the "Group", stock code: 2268.HK), a leading global Contract Research, Development, and Manufacturing Organization (CRDMO) focused on the bioconjugate market, is pleased to announce its interim results for the six months ended June 30, 2026 (the "Reporting Period").

CEO Comment

Dr. Jimmy Li, CEO of WuXi XDC, stated, "Our strong first-half 2026 performance reflects the continued execution of our long-term strategy and increasing global demand for integrated bioconjugate CRDMO services. During the period, we further strengthened our capabilities through the successful integration of BioDlink, continued expansion of our global manufacturing network, and advancement of our proprietary technology platforms. Looking ahead, we remain committed to empowering customers through our 'Enable, Follow and Win the Molecule' strategy and are well positioned to capture the significant opportunities emerging across the broader XDC market."

Financial Highlights for Interim Results of 2026

Revenue

  • The Group's revenue increased to RMB 3,701.4 million for the six months ended June 30, 2026, representing 37.0% period-over-period growth on an AER basis (41.5% on a CER basis).  
  • This increase was primarily attributable to (i) the growth in the number of customers and projects, driven by continued active development of the global ADC and broader bioconjugates market, (ii) the increasing market share through the Group's established position as a leading ADC CRDMO service provider in that market, and (iii) the steady advancement of the Group's projects into later stages.

Gross Profit and Its Margin

  • The Group's gross profit increased by 40.6 % period-over-period to RMB 1,371.3 million, with a gross profit margin of 37.0 % for the six months ended June 30, 2026, a 0.9 percentage points increase compared to that of 2025 1H.
  • This improvement is driven by (i) the continuous enhancement of our overall operation and manufacturing efficiency, (ii) the utilization ratio of production facilities continued to maintain at a high level, mainly due to strong customer demand, (iii) the successful ramp-up of operating production lines, and(iv) increased contribution from higher value-added services.

Adjusted Net profit attributable to owners of the Company and Its Margin

  • The Group's adjusted net profit attributable to owners of the Company increased by 37.4% period-over-period to RMB 1,027.3 million, demonstrating the strong profit growth momentum of the Group's core operating business. The margin of adjusted net profit attributable to owners of the Company remained stable at 27.8 % for the six months ended June 30, 2026, a 0.1 percentage points increase compared to that of 2025 1H.
  • This growth and improvement were primarily driven by the factors above and continuous disciplined control of SG&A expenses.

Customers and Projects Highlights for Interim Results of 2026

  • We have continuously expanded our customer base, reaching a cumulative total of 814.
  • The "Enable, Follow, and Win the Molecule" strategy continued to drive sustained and rapid project growth. The total number of integrated projects ("iCMC projects") is 328, with 51 newly signed integrated projects.
  • The Group has successfully secured 21 PPQ projects, with 2 new PPQ projects signed in 2026 1H.
  • The Group currently holds 2 commercial-stage projects, demonstrating its emerging track record and proven capabilities in commercial manufacturing.
  • The Group has a diversified project base covering both innovative ADC and broader bioconjugate ("XDC") projects. The total number of integrated ADC projects reached 286, and the number of integrated XDC projects increased to 42.
  • In 2026 1H, the Group explored over 3,100 molecules of multiple modalities, including bispecific ADCs, dual-payload ADCs, degrader-antibody conjugates (DAC), antibody-oligonucleotide conjugates (AOC), antibody-peptide conjugates (APC), etc. Notably, the Group explored over 22,000 ADC/XDC molecules cumulatively as at the end of the Reporting Period.

Development of Fully Integrated R&D Technology Platform During 2026 1H

The Group provides customers with innovative conjugation and payload-linker technologies to accelerate the development of next-generation bioconjugates. Multiple customer programs enabled by the WuXiDARx™, X-LinC™, and WuXi Payload-Linker™ platforms have advanced from PCC to iCMC and clinical development, demonstrating the robustness, scalability, and broad applicability of the Group's integrated technology platform.

WuXiDARx™ - Conjugation platform

WuXiDARx™ is a clinically validated conjugation platform that enables highly homogeneous ADCs, APCs, AOCs, and dual-payload ADCs, supporting diverse bioconjugate modalities from discovery through clinical development. The platform has successfully facilitated customers bringing 8 ADC pipelines from preclinical stage to clinical stage.

  • WuXiDAR4™ enhances ADC homogeneity and therapeutic index (TI), enabling over 10 iCMC programs, including 8 in clinical development.
  • WuXiDAR2™ delivers highly homogeneous ADCs and APCs, enabling the first DAR2 ADC program advance to iCMC-ready stage.
  • WuXiDAR1™ delivers highly homogeneous DAR1 AOCs, validating the platform for AOC development.
  • WuXiDARx™ technology also enables sequential, precise dual-payload conjugation via native interchain cysteine sites without antibody engineering or enzymatic conjugation, offering a streamlined, cost-effective single-platform solution. The technology has successfully enabled first dual-payload ADC program to iCMC-ready stage.

WuXi Payload-Linker™ - Payload-linker platform

WuXi Payload-Linker™ technologies enable next-generation ADCs with differentiated mechanisms of action, improved therapeutic index, and enhanced developability through proprietary payload and hydrophilic linker technologies.

  • WuXiTecan-2™ is a proprietary exatecan-based payload-linker platform featuring improved hydrophilicity, plasma stability, and robust in vivo efficacy. The technology has been successfully applied to 3 iCMC-stage customer programs through technology licensing agreements with Earendil Labs and a European biotech company in 2026, demonstrating its strong developability and translational potential.  Notably, a WuXiTecan-2™- based dual-payload ADC (MMAE + WuXiTecan-2™) successfully achieved PCC and advanced into iCMC development, highlighting the platform's ability to enable next-generation ADC development.
  • WuXiLinker™ is a proprietary hydrophilic linker technology that enables hydrophobic payloads with improved developability, stability, and conjugation performance. The technology has been successfully extended to multiple payloads, including WuXiMMAE™, WuXiATRi™, and WuXiEribulin™, and extended beyond established payloads to support the development of next-generation payload-linker technologies, including DDR inhibitors and other differentiated hydrophobic payloads.
  • X-LinC™ is a proprietary stable conjugation connector that replaces conventional maleimide chemistry, enhancing ADC stability through reduced payload-linker deconjugation and improved in vivo stability.

Capacity Expansion & Business Operation Updates During 2026 1H

  • The total number of full-time employees increased to 3,628 in the Group, driven by rapid business growth and the Group's capacity expansion. WuXi XDC's standalone headcount grew to over 3,100 employees. The Group continued to invest in talent development, sustaining a high-caliber standalone and domestic workforce, with more than 50% of employees holding master's degrees or above.
  • All of the Group's manufacturing operations are conducted in accordance with the GMP regulations set by the FDA, EMA, and NMPA. The Group has completed 200+ GMP audits from global customers, including 27 audits by EU Qualified Persons.
  • The acquisition of BioDlink in March 2026 increased the Group's manufacturing capacity, broadened its project portfolio, and expanded its client network.
  • In August 2026, the Singapore facility's XmAb/XBCM3 achieved GMP release, marking the Group's first mAb and bioconjugates manufacturing site overseas. XDP4 is scheduled for GMP release by the end of August 2026.
  • Future capacities build-out: The XDP5 and XDP6 expansions in Wuxi are designed to augment the Group's drug product manufacturing capacity, reinforcing our ability to support late-stage clinical and commercial-scale programs across diverse modalities, including ADCs, AOCs, and other novel bioconjugates. Meanwhile, XPLM2 in Jiangyin site secures vertical integration into the critical payload and linker supply chain.
  • The Group was named the winner of "Best CDMO" for 3 consecutive year from 2023 to 2025, as well as "Best CRO" at the 2025 World ADC Awards.
  • The Group is committed to ESG excellence, reflected in its "A" ratings from MSCI ESG (2026) and Wind ESG (2025), and its designation as an Industry ESG Leader by Morningstar Sustainalytics.

***

Key Financial Performance (For the Six Months Ended June 30)

Consolidated Group Key Financials

(RMB mm)

2026 1H

2025 1H

Change in%



AER

CER

Revenue

3,701.4

2,700.9

37.0 %

41.5 %

Gross Profit
Margin (%)

1,371.3
37.0%

975.2
36.1%

40.6%

+0.9 ppts

-

-

Adjusted Net Profit Attributable to Owners of the Company
Margin (%)

1,027.3
27.8%

747.5
27.7%

37.4%

+0.1 ppts

-

-

 

About WuXi XDC

WuXi XDC Cayman Inc. ("WuXi XDC", stock code: 2268.HK) is a leading global CRDMO focused on bioconjugate market. It provides end-to-end contract research, development and manufacturing services for ADC and broader bioconjugates. For more information about WuXi XDC, please visit: www.wuxixdc.com

Contacts

Investor: [email protected]
Media: [email protected]
BD: [email protected]

Forward-Looking Statements

This presentation may contain certain "forward-looking statements" which are not historical facts, but instead are predictions about future events based on our beliefs as well as assumptions made by and information currently available to our management. Although we believe that our predictions are reasonable, future events are inherently uncertain, and our forward-looking statements may turn out to be incorrect. Our forward-looking statements are subject to risks relating to, among other things, the ability of our service offerings to compete effectively, our ability to meet timelines for the expansion of our service offerings, and our ability to protect our customers' intellectual property. Our forward-looking statements in this presentation speak only as of the date on which they are made, and we assume no obligation to update any forward-looking statements except as required by applicable law or listing rules. Accordingly, you are strongly cautioned that reliance on any forward-looking statements involves known and unknown risks and uncertainties. All forward-looking statements contained herein are qualified by reference to the cautionary statements set forth in this section.

Use of Adjusted Financial Measures and CER (Non-IFRS Measures)

The Group defines "adjusted net profit attributable to owners of the Company" as net profit attributable to owners of the Company after elimination of share-based compensation expense as non-cash expenditure, net foreign exchange loss or gain as non-operating item, non-recurring/one-off transaction costs as non-operating item, and net of interest income and finance costs as non-operating item. We believe that the adjusted financial measures used in this presentation are useful for understanding and assessing underlying business performance and operating trends, and we believe that management and investors may benefit from referring to these adjusted financial measures in assessing our financial performance by eliminating the impact of certain unusual and non-recurring items that we do not consider indicative of the performance of our business. However, the presentation of these non-IFRS financial measures is not intended to be considered in isolation or as a substitute for the financial information prepared and presented in accordance with IFRS. You should not view adjusted results on a stand-alone basis or as a substitute for results under IFRS, or as being comparable to results reported or forecasted by other companies. The Company's functional currency is Renminbi ("RMB"). Given that a majority of the Group's service contracts are denominated in U.S. dollars ("USD"), the Group presents certain operating results on both an actual exchange rate ("AER") basis and a constant exchange rate ("CER") basis.

 

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18:30
XPENG Reports Second Quarter 2026 Unaudited Financial Results

  • Cash position[i] was RMB40.48 billion (US$5.97 billion) as of June 30, 2026
  • Quarterly total revenues were RMB19.74 billion, a 51.5% increase quarter-over-quarter
  • Quarterly gross margin was 20.7%, an increase of 3.4 percentage points over the same period of 2025
  • Quarterly vehicle margin was 12.1%, remained relatively stable quarter-over-quarter

GUANGZHOU, China, Aug. 24, 2026 /PRNewswire/ -- XPeng Inc. ("XPENG" or the "Company," NYSE: XPEV and HKEX: 9868), a leading global Physical AI company, today announced its unaudited financial results for the three months ended June 30, 2026.

Operational and Financial Highlights for the Three Months Ended June 30, 2026


2026Q2

2026Q1

2025Q4

2025Q3

2025Q2

2025Q1








Total deliveries

103,295

62,682

116,249

116,007

103,181

94,008

 

  • Total deliveries of vehicles were 103,295 for the second quarter of 2026, representing an increase of 0.1% from 103,181 in the corresponding period of 2025.

  • XPENG's physical sales network had a total of 740 stores, covering 257 cities as of June 30, 2026.

  • XPENG self-operated charging station network reached 3,780 stations, including 2,720 XPENG ultra-fast charging stations as of June 30, 2026.

  • Total revenues were RMB19.74 billion (US$2.91 billion) for the second quarter of 2026, representing an increase of 8.0% from the same period of 2025, and an increase of 51.5% from the first quarter of 2026.

  • Revenues from vehicle sales were RMB17.05 billion (US$2.51 billion) for the second quarter of 2026, representing an increase of 1.0% from the same period of 2025, and an increase of 55.0% from the first quarter of 2026.

  • Gross margin was 20.7% for the second quarter of 2026, compared with 17.3% for the same period of 2025 and 20.6% for the first quarter of 2026.

  • Vehicle margin, which is gross profit of vehicle sales as a percentage of vehicle sales revenue, was 12.1% for the second quarter of 2026, compared with 14.3% for the same period of 2025 and 12.1% for the first quarter of 2026.

  • Net loss was RMB1.34 billion (US$0.20 billion) for the second quarter of 2026, compared with a loss of RMB0.48 billion for the same period of 2025 and a loss of RMB1.78 billion for the first quarter of 2026. Excluding share-based compensation expenses and fair value gain on derivative liability relating to the contingent consideration, non-GAAP net loss was RMB1.24 billion (US$0.18 billion) for the second quarter of 2026, compared with a loss of RMB0.39 billion for the same period of 2025 and a loss of RMB1.69 billion for the first quarter of 2026.

  • Net loss attributable to ordinary shareholders of XPENG was RMB1.34 billion (US$0.20 billion) for the second quarter of 2026, compared with a loss of RMB0.48 billion for the same period of 2025 and a loss of RMB1.78 billion for the first quarter of 2026. Excluding share-based compensation expenses and fair value gain on derivative liability relating to the contingent consideration, non-GAAP net loss attributable to ordinary shareholders of XPENG was RMB1.24 billion (US$0.18 billion) for the second quarter of 2026, compared with a loss of RMB0.39 billion for the same period of 2025 and a loss of RMB1.69 billion for the first quarter of 2026.

  • Basic and diluted net loss per American depositary share (ADS) were both RMB1.40 (US$0.21) and basic and diluted net loss per ordinary share were both RMB0.70 (US$0.10) for the second quarter of 2026. Each ADS represents two Class A ordinary shares.

  • Non-GAAP basic and diluted net loss per ADS were both RMB1.29 (US$0.19), and non-GAAP basic and diluted net loss per ordinary share were both RMB0.65 (US$0.10) for the second quarter of 2026.

  • Cash position was RMB40.48 billion (US$5.97 billion) as of June 30, 2026, compared with RMB42.09 billion as of March 31, 2026.

 

[i] Cash position includes cash and cash equivalents, restricted cash, short-term investments and time deposits. Time deposits include restricted short-term deposits, short-term deposits, current portion and non-current portion of restricted long-term deposits, current portion and non-current portion of long-term deposits.

 

Key Financial Results

(in RMB billions, except for percentages)



For the Three Months Ended

% Change[ii]


June 30,

March 31,

June 30,



2026

2026

2025

YoY

QoQ

Vehicle sales

17.05

11.00

16.88

1.0 %

55.0 %

Vehicle margin

12.1 %

12.1 %

14.3 %

-2.2 pts

0.0 pts

Total revenues

19.74

13.03

18.27

8.0 %

51.5 %

Gross profit

4.08

2.68

3.17

28.9 %

52.2 %

Gross margin

20.7 %

20.6 %

17.3 %

3.4 pts

0.1 pts

Net loss

1.34

1.78

0.48

179.9 %

-25.1 %

Non-GAAP net loss

1.24

1.69

0.39

221.1 %

-26.6 %

Net loss attributable to ordinary
    shareholders

1.34

1.78

0.48

179.9 %

-25.1 %

Non-GAAP net loss attributable
    to ordinary shareholders

1.24

1.69

0.39

221.1 %

-26.6 %

Comprehensive loss attributable
    to ordinary shareholders

1.60

2.06

0.49

223.4 %

-22.4 %









[ii]  Except for vehicle margin and gross margin, where absolute changes instead of percentage changes are presented.

 

Management Commentary

"The back-to-back success of the GX and MONA L03 gives us greater confidence in our upcoming new models, as we translate our leading edge in smart technologies and design into more blockbuster products and stronger brand momentum," said Mr. Xiaopeng He, Chairman and CEO of XPENG. "The development of the mass-production version of XPENG's humanoid robot has recently reached several significant milestones. I believe XPENG will not only build one of China's most valuable humanoid robotics companies, but also become a global leader in physical AI, spearheading the large-scale adoption and commercialization of advanced general-purpose humanoid robots and autonomous driving technologies in China and overseas."

"During the second quarter of 2026, our operations remained resilient despite industry-wide cost pressures. Driven by breakthroughs in our premiumization and globalization efforts, our gross margin continued to exceed 20%," added Dr. Hongdi Brian Gu, Vice Chairman and Co-President of XPENG. "I expect the mass production and commercialization of physical AI technologies to accelerate over the coming year, generating meaningful gross profit growth to support our continued R&D investment in physical AI."

Recent Developments

Deliveries in July 2026

  • Total deliveries were 38,027 vehicles in July 2026.

  • As of July 31, 2026, year-to-date total deliveries were 204,004 vehicles.

Launch of MONA L03

On July 16, 2026, XPENG held the global launch event of MONA L03, the Next-Gen AI SUV Coupe, in Munich, Germany.

Entering into the Dogotix Share Purchase Agreement

On August 24, 2026, Dogotix Inc. (a subsidiary of the Company) entered into a share purchase agreement (the "Dogotix Share Purchase Agreement") with, among others, certain subscribers, pursuant to which such subscribers conditionally agreed to subscribe for certain shares to be newly issued by Dogotix Inc. at an aggregate purchase price of US$900 million. For details, please refer to the announcement of the Company dated August 24, 2026, in relation to, among others, the Dogotix Share Purchase Agreement.

Unaudited Financial Results for the Three Months Ended June 30, 2026

Total revenues were RMB19.74 billion (US$2.91 billion) for the second quarter of 2026, representing an increase of 8.0% from RMB18.27 billion for the same period of 2025 and an increase of 51.5% from RMB13.03 billion for the first quarter of 2026.

Revenues from vehicle sales were RMB17.05 billion (US$2.51 billion) for the second quarter of 2026, representing an increase of 1.0% from RMB16.88 billion for the same period of 2025, and an increase of 55.0% from RMB11.00 billion for the first quarter of 2026. The quarter-over-quarter increase was mainly attributable to higher vehicle deliveries.

Revenues from services and others were RMB2.70 billion (US$0.40 billion) for the second quarter of 2026, representing an increase of 93.9% from RMB1.39 billion for the same period of 2025 and an increase of 32.6% from RMB2.03 billion for the first quarter of 2026. The year-over-year and quarter-over-quarter increases were primarily attributable to increased revenues from (i) technical research and development services ("technical R&D services") rendered to a car manufacturer (the "Manufacturer") with the successful achievement of certain key milestones in the current period, under the agreement entered into with the Manufacturer; and (ii) parts and accessories sales.

Cost of sales was RMB15.66 billion (US$2.31 billion) for the second quarter of 2026, representing an increase of 3.7% from RMB15.11 billion for the same period of 2025 and an increase of 51.3% from RMB10.35 billion for the first quarter of 2026. The quarter-over-quarter increase was mainly in line with vehicle deliveries as described above.

Gross margin was 20.7% for the second quarter of 2026, compared with 17.3% for the same period of 2025 and 20.6% for the first quarter of 2026.

Vehicle margin was 12.1% for the second quarter of 2026, compared with 14.3% for the same period of 2025 and 12.1% for the first quarter of 2026. The year-over-year decrease was due to product generation transition.

Services and others margin was 75.1% for the second quarter of 2026, compared with 53.6% for the same period of 2025 and 66.5% for the first quarter of 2026. The year-over-year and quarter-over-quarter increases were attributable to the aforementioned revenue from technical R&D services and parts and accessories sales.

Research and development expenses were RMB2.91 billion (US$0.43 billion) for the second quarter of 2026, representing an increase of 32.1% from RMB2.21 billion for the same period of 2025 and an increase of 0.3% from RMB2.91 billion for the first quarter of 2026. The year-over-year increase was mainly due to higher expenses related to the development of new vehicle models and AI-related technologies as the Company expanded its product portfolio to support future growth.

Selling, general and administrative expenses were RMB2.50 billion (US$0.37 billion) for the second quarter of 2026, representing an increase of 15.2% from RMB2.17 billion for the same period of 2025 and an increase of 32.5% from RMB1.88 billion for the first quarter of 2026. The year-over-year increase was primarily due to higher marketing and advertising expenses. The quarter-over-quarter increase was primarily due to the higher commission to the franchised stores and higher marketing and advertising expenses.

Other income, net was RMB0.14 billion (US$0.02 billion) for the second quarter of 2026, representing a decrease of 42.2% from RMB0.24 billion for the same period of 2025 and a decrease of 24.7% from RMB0.18 billion for the first quarter of 2026. The year-over-year and quarter-over-quarter decreases were primarily due to the decrease in receipt of government subsidies.

Fair value gain on derivative liability relating to the contingent consideration was a gain of RMB0.05 billion (US$0.01 billion) for the second quarter of 2026, compared with a gain of RMB0.03 billion for the same period of 2025 and a gain of RMB0.05 billion for the first quarter of 2026. This non-cash gain resulted from the fair value change of the contingent consideration related to the acquisition of DiDi Global Inc. ("DiDi")'s smart auto business.

Loss from operations was RMB1.14 billion (US$0.17 billion) for the second quarter of 2026, compared with RMB0.93 billion for the same period of 2025 and RMB1.87 billion for the first quarter of 2026.

Non-GAAP loss from operations, which excludes share-based compensation expenses and fair value gain on derivative liability relating to the contingent consideration, was RMB1.04 billion (US$0.15 billion) for the second quarter of 2026, compared with a loss of RMB0.84 billion for the same period of 2025 and a loss of RMB1.78 billion for the first quarter of 2026.

Net loss was RMB1.34 billion (US$0.20 billion) for the second quarter of 2026, compared with a loss of RMB0.48 billion for the same period of 2025 and a loss of RMB1.78 billion for the first quarter of 2026.

Non-GAAP net loss, which excludes share-based compensation expenses and fair value gain on derivative liability relating to the contingent consideration, was RMB1.24 billion (US$0.18 billion) for the second quarter of 2026, compared with a loss of RMB0.39 billion for the same period of 2025 and a loss of RMB1.69 billion for the first quarter of 2026.

Net loss attributable to ordinary shareholders of XPENG was RMB1.34 billion (US$0.20 billion) for the second quarter of 2026, compared with a loss of RMB0.48 billion for the same period of 2025 and a loss of RMB1.78 billion for the first quarter of 2026.

Non-GAAP net loss attributable to ordinary shareholders of XPENG, which excludes share-based compensation expenses and fair value gain on derivative liability relating to the contingent consideration, was RMB1.24 billion (US$0.18 billion) for the second quarter of 2026, compared with a loss of RMB0.39 billion for the same period of 2025 and a loss of RMB1.69 billion for the first quarter of 2026.

Basic and diluted net loss per ADS were both RMB1.40 (US$0.21) for the second quarter of 2026, compared with RMB0.50 basic and diluted net loss per ADS for the second quarter of 2025 and RMB1.87 basic and diluted net loss per ADS for the first quarter of 2026.

Non-GAAP basic and diluted net loss per ADS were both RMB1.29 (US$0.19) for the second quarter of 2026, compared with RMB0.41 non-GAAP basic and diluted net loss per ADS for the second quarter of 2025 and RMB1.76 non-GAAP basic and diluted net loss per ADS for the first quarter of 2026.

Balance Sheets

As of June 30, 2026, the Company had a cash position of RMB40.48 billion (US$5.97 billion), compared with RMB42.09 billion as of March 31, 2026.

Business Outlook

For the third quarter of 2026, the Company expects:

  • Deliveries of vehicles to be between 115,000 and 121,000, representing a year-over-year change of approximately -0.87% to +4.30%, and a quarter-over-quarter increase of approximately 11.33% to 17.14%.

  • Total revenues to be between RMB21.7 billion and RMB23.4 billion, representing a year-over-year increase of approximately 6.47% to 14.81%, and a quarter-over-quarter increase of approximately 9.91% to 18.52%.

The above outlook is based on the current market conditions and reflects the Company's preliminary estimates of market and operating conditions, and customer demand, which are all subject to change.

Conference Call

The Company's management will host an earnings conference call at 8:00 AM U.S. Eastern Time on August 24, 2026 (8:00 PM Beijing/Hong Kong Time on August 24, 2026).

For participants who wish to join the call by phone, please access the link provided below to complete the pre-registration process and dial in 5 minutes prior to the scheduled call start time. Upon registration, each participant will receive dial-in details to join the conference call.

Event Title:                XPENG Second Quarter 2026 Earnings Conference Call
Pre-registration link:  https://s1.c-conf.com/diamondpass/10056093-aweri7.html

Additionally, a live and archived webcast of the conference call will be available on the Company's investor relations website at http://ir.xiaopeng.com.

A replay of the conference call will be accessible approximately an hour after the conclusion of the call until September 1, 2026, by dialing the following telephone numbers:

United States:

+1-855-883-1031

International:

+61-7-3107-6325

Hong Kong, China:

800-930-639

Chinese Mainland:

400-120-9216

Replay Access Code:

10056093

 

About XPENG

XPENG is a leading global Physical AI company, dedicated to bringing artificial intelligence into the physical world to reshape future mobility and smart living. Through in-house R&D, XPENG has developed a full-stack Physical AI architecture spanning Turing AI chips, world foundation models, and highly integrated software and hardware applications. This unified technology foundation of XPENG powers an expansive product portfolio of smart EVs, robotaxis, and humanoid robots, advancing the deployment of Physical AI at scale. Headquartered in Guangzhou, China, XPENG is dual-primary listed on the New York Stock Exchange and the Hong Kong Stock Exchange. With global capabilities across R&D, manufacturing, sales, and services, XPENG drives continuous technological innovation and fosters an open Physical AI ecosystem, making life smarter, safer, and better for users worldwide. For more information, please visit https://www.xpeng.com/.

Use of Non-GAAP Financial Measures

The Company uses non-GAAP measures, such as non-GAAP loss from operations, non-GAAP net loss, non-GAAP net loss attributable to ordinary shareholders, non-GAAP basic loss per ordinary share and non-GAAP basic loss per ADS, in evaluating its operating results and for financial and operational decision-making purposes. By excluding the impact of share-based compensation expenses and fair value gain on derivative liability relating to the contingent consideration, the Company believes that the non-GAAP financial measures help identify underlying trends in its business and enhance the overall understanding of the Company's past performance and future prospects. The Company also believes that the non-GAAP financial measures allow for greater visibility with respect to key metrics used by the Company's management in its financial and operational decision-making. The non-GAAP financial measures are not presented in accordance with U.S. GAAP and may be different from non-GAAP methods of accounting and reporting used by other companies. The non-GAAP financial measures have limitations as analytical tools and when assessing the Company's operating performance, investors should not consider them in isolation, or as a substitute for net loss or other consolidated statements of comprehensive loss data prepared in accordance with U.S. GAAP. The Company encourages investors and others to review its financial information in its entirety and not rely on a single financial measure. The Company mitigates these limitations by reconciling the non-GAAP financial measures to the most comparable U.S. GAAP performance measures, all of which should be considered when evaluating the Company's performance.

For more information on the non-GAAP financial measures, please see the table captioned "Unaudited Reconciliations of GAAP and non-GAAP Results" set forth in this announcement.

Exchange Rate Information

This announcement contains translations of certain RMB amounts into U.S. dollars at a specified rate solely for the convenience of the reader. Unless otherwise noted, all translations from RMB to U.S. dollars and from U.S. dollars to RMB are made at a rate of RMB6.79 to US$1.00, the exchange rate on June 30, 2026, set forth in the H.10 statistical release of the Federal Reserve Board. The Company makes no representation that the RMB or U.S. dollar amounts referred to could be converted into U.S. dollars or RMB, as the case may be, at any particular rate or at all.

Safe Harbor Statement

This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Statements that are not historical facts, including statements about XPENG's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: XPENG's goal and strategies; XPENG's expansion plans; XPENG's future business development, financial condition and results of operations; the trends in, and size of, China's EV market; XPENG's expectations regarding demand for, and market acceptance of, its products and services; XPENG's expectations regarding its relationships with customers, suppliers, third-party service providers, strategic partners and other stakeholders; general economic and business conditions; and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in XPENG's filings with the United States Securities and Exchange Commission. All information provided in this announcement is as of the date of this announcement, and XPENG does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

For Investor Enquiries
IR Department
XPeng Inc.
E-mail: [email protected]

Jenny Cai
Piacente Financial Communications
Tel: +1-212-481-2050 or +86-10-6508-0677
E-mail: [email protected]

For Media Enquiries
PR Department
XPeng Inc.
E-mail: [email protected]

 

 

 

XPENG INC.

UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS

(All amounts in thousands, except for ADS/ordinary share and per ADS/ordinary share data)



 December 31,


  June 30,

June 30,


2025

RMB


2026

RMB


2026

US$

ASSETS






Current assets






Cash and cash equivalents

17,329,612


14,238,387


2,098,479

Restricted cash

6,071,491


6,924,327


1,020,520

Short-term deposits

11,388,834


7,780,960


1,146,772

Restricted short-term deposits

296,277


1,207,694


177,992

Short-term investments

3,217,293


1,537,877


226,655

Long-term deposits, current portion

3,020,317


4,485,471


661,077

Restricted long-term deposits, current portion

600,472



Derivative assets


46,884


6,910

Accounts and notes receivable, net

1,996,917


1,140,279


168,056

Installment payment receivables, net,

   current portion

3,553,054


3,729,175


549,612

Inventory

10,380,668


13,729,266


2,023,443

Amounts due from related parties

102,219


165,426


24,381

Prepayments and other current assets, net

5,296,673


6,519,738


960,889

Total current assets

63,253,827


61,505,484


9,064,786







Non-current assets






Long-term deposits

4,263,542


2,815,695


414,982

Restricted long-term deposits

1,468,708


1,488,663


219,402

Property, plant and equipment, net

13,527,237


17,874,208


2,634,332

Right-of-use assets, net

3,730,921


1,172,310


172,777

Intangible assets, net

4,253,168


3,985,127


587,335

Land use rights, net

3,216,526


3,475,115


512,169

Installment payment receivables, net

6,496,020


6,145,671


905,760

Long-term investments

2,523,037


2,708,224


399,143

Other non-current assets

429,644


415,819


61,284







Total non-current assets

39,908,803


40,080,832


5,907,184







Total assets

103,162,630


101,586,316


14,971,970

 

 


XPENG INC.

UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS

(CONTINUED)

(All amounts in thousands, except for ADS/ordinary share and per ADS/ordinary share data)




December 31, 


June 30, 


June 30, 



2025


2026


2026



RMB 


 RMB 


US$ 

LIABILITIES







Current liabilities







Short-term borrowings


4,282,000


10,070,000


1,484,134

Accounts payable


18,001,675


15,721,318


2,317,036

Notes payable


19,161,724


13,993,642


2,062,408

Amounts due to related parties


1,064


397


59

Income taxes payable


44,682


65,560


9,662

Derivative liabilities


281,009


199,834


29,452

Operating lease liabilities, current portion


445,901


305,387


45,008

Finance lease liabilities, current portion


55,581


75,910


11,188

Deferred revenue, current portion


1,463,065


1,698,642


250,349

Long-term borrowings, current portion


1,837,950


706,156


104,075

Accruals and other liabilities


12,538,698


12,468,572


1,837,640

Total current liabilities


58,113,349


55,305,418


8,151,011


Non-current liabilities







Long-term borrowings


6,588,865


8,983,337


1,323,980

Operating lease liabilities


4,246,599


2,068,806


304,904

Finance lease liabilities


740,576


4,649,369


685,232

Deferred revenue


1,206,014


1,354,301


199,599

Deferred tax liabilities


330,353


330,341


48,686

Other non-current liabilities


1,568,284


1,885,892


277,946

Total non-current liabilities


14,680,691


19,272,046


2,840,347

Total liabilities


72,794,040


74,577,464


10,991,358








SHAREHOLDERS' EQUITY







Class A Ordinary shares


105


106


16

Class B Ordinary shares


21


21


3

Additional paid-in capital


71,236,011


71,532,962


10,542,654

Statutory and other reserves


137,720


161,535


23,807

Accumulated deficit


(42,767,710)


(45,912,689)


(6,766,693)

Accumulated other comprehensive income


1,762,443


1,226,917


180,825

Total shareholders' equity


30,368,590


27,008,852


3,980,612

Total liabilities and shareholders' equity


103,162,630


101,586,316


14,971,970

 

 

 

XPENG INC.

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF

COMPREHENSIVE LOSS

(All amounts in thousands, except for ADS/ordinary share and per ADS/ordinary share data)



Three Months Ended


June 30, 


March 31, 


June 30, 


      June 30, 


2025


2026


2026


2026


RMB 


RMB 


RMB 


    US$ 

Revenues








Vehicle sales

16,883,696


10,999,321


17,046,476


2,512,340

Services and others

1,390,709


2,034,460


2,697,117


397,506

Total revenues

18,274,405


13,033,781


19,743,593


2,909,846

Cost of sales








Vehicle sales

(14,461,688)


(9,669,451)


(14,987,590)


(2,208,897)

Services and others

(645,387)


(681,737)


(672,521)


(99,117)

Total cost of sales

(15,107,075)


(10,351,188)


(15,660,111)


(2,308,014)

Gross profit

3,167,330


2,682,593


4,083,482


601,832

Operating expenses








Research and development expenses

(2,206,144)


(2,906,991)


(2,914,440)


(429,535)

Selling, general and administrative
    expenses

(2,167,241)


(1,883,438)


(2,496,484)


(367,936)

Other income, net

237,402


182,249


137,250


20,228

Fair value gain on derivative liability
    relating to the contingent
    consideration

34,004


51,113


47,662


7,025

Total operating expenses, net

(4,101,979)


(4,557,067)


(5,226,012)


(770,218)

Loss from operations

(934,649)


(1,874,474)


(1,142,530)


(168,386)

Interest income

308,224


257,166


216,746


31,944

Interest expenses

(75,161)


(164,994)


(124,473)


(18,345)

Fair value (loss) gain on derivative
   assets or derivative liabilities


(101)


36,969


5,449

Investment gain (loss) on long-term
   investments

24,401


169,117


(140,377)


(20,689)

Exchange gain (loss) from foreign
   currency transactions

142,684


(148,728)


(125,295)


(18,466)

Other non-operating income (expenses),
   net

3,454


(959)


12,401


1,828









Loss before income tax benefit 
    (expenses) and share of results of
    equity method investees

(531,047)


(1,762,973)


(1,266,559)


(186,665)

Income tax benefit (expenses)

9,421


(9,251)


(74,281)


(10,948)

Share of results of equity method
   investees

43,872


(11,876)


3,776


557

Net loss

(477,754)


(1,784,100)


(1,337,064)


(197,056)

Net loss attributable to ordinary
   shareholders of XPeng Inc.

(477,754)


(1,784,100)


(1,337,064)


(197,056)


XPENG INC.

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF
COMPREHENSIVE LOSS (CONTINUED)

(All amounts in thousands, except for ADS/ordinary share and per ADS/ordinary share data)




Three Months Ended


June 30, 


March 31, 


   June 30, 


June 30, 


2025


2026


2026


2026


RMB 


RMB 


RMB 


US$ 









Net loss

(477,754)


(1,784,100)


(1,337,064)


(197,056)

Other comprehensive loss








Foreign currency translation
    adjustment, net of tax

(16,414)


(274,419)


(261,107)


(38,482)









Total comprehensive loss
    attributable to XPeng Inc.

(494,168)


(2,058,519)


(1,598,171)


(235,538)









Comprehensive loss attributable to
    ordinary shareholders of XPeng
    Inc.

(494,168)


(2,058,519)


(1,598,171)


(235,538)









Weighted average number of
    ordinary shares used in
    computing net loss per ordinary
    share








Basic and diluted

1,902,441,632


1,910,568,643


1,912,734,380


1,912,734,380









Net loss per ordinary share
    attributable to ordinary
    shareholders








Basic and diluted

(0.25)


(0.93)


(0.70)


(0.10)









Weighted average number of ADS
   used in computing net loss per
   share








Basic and diluted

951,220,816


955,284,322


956,367,190


956,367,190









Net loss per ADS attributable to
   ordinary shareholders








Basic and diluted

(0.50)


(1.87)


(1.40)


(0.21)

 

 

 

XPENG INC.

UNAUDITED RECONCILIATIONS OF GAAP AND

NON-GAAP RESULTS

(All amounts in thousands, except for ADS/ordinary share and per ADS/ordinary share data)




Three Months Ended


June 30, 


March 31, 


June 30, 


June 30, 


2025


2026


2026


2026


RMB 


RMB 


RMB 


US$ 









Loss from operations

(934,649)


(1,874,474)


(1,142,530)


(168,386)

Fair value gain on derivative liability
    relating to the contingent consideration

(34,004)


(51,113)


(47,662)


(7,025)

Share-based compensation expenses

126,475


149,549


147,403


21,725

Non-GAAP loss from operations

(842,178)


(1,776,038)


(1,042,789)


(153,686)

Net loss

(477,754)


(1,784,100)


(1,337,064)


(197,056)

Fair value gain on derivative liability
    relating to the contingent consideration

(34,004)


(51,113)


(47,662)


(7,025)

Share-based compensation expenses

126,475


149,549


147,403


21,725

Non-GAAP net loss

(385,283)


(1,685,664)


(1,237,323)


(182,356)









Net loss attributable to ordinary
    shareholders

(477,754)


(1,784,100)


(1,337,064)


(197,056)

Fair value gain on derivative liability
    relating to the contingent consideration

(34,004)


(51,113)


(47,662)


(7,025)

Share-based compensation expenses

126,475


149,549


147,403


21,725









Non-GAAP net loss attributable to
    ordinary shareholders of XPeng Inc.

(385,283)


(1,685,664)


(1,237,323)


(182,356)









Weighted average number of ordinary
    shares used in calculating Non-GAAP
    net loss per share








Basic and diluted

1,902,441,632


1,910,568,643


1,912,734,380


1,912,734,380









Non-GAAP net loss per ordinary share








Basic and diluted

(0.20)


(0.88)


(0.65)


(0.10)









Weighted average number of ADS used
    in calculating Non-GAAP net loss per
    share








Basic and diluted

951,220,816


955,284,322


956,367,190


956,367,190

Non-GAAP net loss per ADS








Basic and diluted

(0.41)


(1.76)


(1.29)


(0.19)

 

 

Information Provided by PR Newswire [Disclaimer]
18:06
同程旅行2026上半年收入達人民幣9,992.8百萬元 經調整溢利淨額同比增加14.6%至人民幣1,792.0百萬元

深耕大眾旅遊市場 核心業務穩健增長
積極擁抱人工智能提升運營效率

香港2026年8月24日 /美通社/ -- 中國領先的綜合旅遊平台同程旅行控股有限公司(「同程旅行」或「公司」,連同其附屬公司(統稱「集團」),股票代號:0780.HK)今天公佈其截至2026年6月30日止三個月(「2026年第二季度」)及六個月(「回顧期」或「2026年上半年」)之未經審核綜合業績。

2026年上半年業績摘要連同比變動

收入及經調整溢利延續增長勢能

  • 收入同比增加10.5%至人民幣9,992.8百萬元
  • 經調整EBITDA同比增加13.5%至人民幣2,660.7百萬元,經調整EBITDA利潤率為26.6%
  • 經調整溢利淨額同比增加14.6%至人民幣1,792.0百萬元,經調整淨利潤率為17.9%

用戶基數及用戶價值穩健增長

  • 平均月付費用戶為45.1百萬人
  • 平均年付費用戶同比增長0.9%,達253.9百萬人
  • 12個月累計服務旅客人次同比增長2.7%2,044.3百萬

核心業務保持增長勢頭

  • 核心在線旅遊平台業務收入同比增加12.7%至人民幣8,794.1百萬元
    • 住宿預訂服務收入同比增加11.1%至人民幣2,845.1百萬元,其中第二季度國際酒店銷售間夜量錄得卓越增長
    • 交通票務服務收入同比增加2.1%至人民幣3,962.2百萬元,國際機票的收入保持強勁的增長勢頭。
    • 其他收入同比增加46.3%至人民幣1,986.8百萬元

同程旅行聯席董事長﹑執行董事兼首席執行官馬和平先生表示:「2026第二季度,中國旅遊市場的外部環境充滿挑戰,燃油附加費大幅增加對長途旅遊需求造成壓力。儘管面臨不利影響,我們對公司業務及整體中國旅遊業的發展前景依然保持信心。中國政府進一步強化旅遊業作為國民經濟戰略性支柱產業的地位,為行業的長期增長奠定堅實基礎。回顧期內,同程旅行保持敏銳洞察與快速響應,積極擁抱AI帶來的技術變革新機遇,季度內再次取得穩健業績。」

持續深耕大眾旅遊市場   年累計服務人次2,044.3百萬

憑藉卓越的運營能力,同程旅行進一步鞏固在中國大眾旅遊市場的地位。集團通過高效的用戶互動措施及全面的產品供給,成功建立龐大的用戶基數。截至2026年上半年,集團的平均月付費用戶及年付費用戶分別為45.1百萬人及253.9百萬人。十二個月累計服務人次2,044.3百萬。截至2026年6月30日,集團超過87%的註冊用戶來自中國非一線城市。

回顧期內,同程旅行持續優化在微信生態系統內的運營效率。同時,作為獲取新用戶的核心渠道,集團的自有APP保持強勁的增長勢頭,其日活躍用戶在五一假期前達到歷史新高。為順應消費者追求儀式感與鬆弛感的新趨勢,集團推出主題營銷活動,以加強與年輕用戶群體的互動。

同程旅行重視用戶價值,積極投入會員計劃並優化用戶權益。回顧期內,集團通過提供更多專屬權益並提升服務質量,以加強與高價值會員的互動。此外,集團為用戶提供豐富的旅遊產品及服務,以滿足用戶在旅程中不斷變化的需求。這些舉措進一步提高用戶復購率,並增強用戶忠誠度。

核心在線旅遊平台業務保持穩健增長   其他業務收入同比增長46.3%

同程旅行的核心在線旅遊平台業務繼續保持增長勢頭。回顧期內,集團的核心在線旅遊平台業務總收入同比增加12.7%至人民幣8,794.1百萬元。主要受2026第二季度ADR與酒店間夜量穩健增長所推動,2026年上半年集團的住宿業務收入同比增加11.1%至人民幣2,845.1百萬元。受益於消費者偏好向高品質酒店轉移的結構性變化,2026年第二季度集團平台上高品質酒店間夜量佔比進一步提升。國際住宿業務方面,集團持續深化與全球供應商的合作,並進一步優化產品及服務供給,以更好地滿足用戶需求。

集團的交通業務受第二季度機票價格高企抑制出行需求的影響,2026年上半年整體收入同比增加2.1%至人民幣3,962.2百萬元。回顧期內,集團致力於提升用戶體驗,由算法驅動的慧行系統持續為用戶提供多元、可靠的端到端出行解決方案。同時,集團進一步將短途交通服務融入用戶的出行旅程中,為用戶提供更加順暢及便捷的出行體驗。在國際機票業務方面,集團維持具有競爭力的定價策略,同時進一步提升服務質量,以強化用戶心智。2026年第二季度,集團國際機票收入保持強勁的增長勢頭。

同程旅行的其他業務錄得顯著增長。回顧期內,其他業務的收入同比增加46.3%至人民幣1,986.8百萬元,主要受酒店管理業務的出色表現所推動。集團的藝龍酒店科技平台戰略聚焦受市場認可的品牌,延續快速擴張的態勢,同時憑藉技術能力提升運營效率。萬達酒店及度假村則採取精細化的擴張策略,聚焦核心城市與熱門旅遊目的地,以提升其在中國高端酒店的市場份額。截至2026年6月30日,集團在營運的酒店總數超過3,500家,另有超過2,000家酒店在籌備中。

積極運用AI技術提升營運效率  構建智能旅遊新體驗

作為一家創新驅動型企業,同程旅行致力於運用AI技術以把握AI時代的增長機遇,同時提升公司整體的營運效率。集團積極與領先的第三方AI平台開展戰略合作。作為首批接入微信AI助手的在線旅遊平台之一,集團正積極參與微信AI生態系統的共建,聚焦於在該生態系統內打磨並驗證其業務能力。同時,集團持續迭代自有AI行程規劃智能體DeepTrip。於2026第二季度,集團增強DeepTrip的記憶能力,使其能夠結合用戶的歷史偏好,生成更為精準化、定製化的旅遊行程。

在客戶服務方面,集團進一步深化AI驅動的自動化能力。在常規用戶諮詢場景已實現高度自動化的基礎上,集團將AI應用擴展至更多客服場景,顯著提升客戶服務效率及用戶體驗。此外,集團將AI深度嵌入到所有人工服務環節中,為客戶服務團隊配置AI工具箱,幫助其更好地理解用戶訴求,從而實現響應速度與準確率的提升。

展望未來,憑藉清晰的戰略佈局及卓越的執行能力,同程旅行完全有能力應對短期的市場不確定性,並把握長期增長機遇。集團將繼續專注於核心在線旅遊平台業務,鞏固公司在中國大眾旅行市場的地位,同時積極拓展國際業務。酒店管理業務方面,集團將加快酒店網絡擴張,同時提升運營效率。此外,集團將加大力度應用AI技術,以把握潛在增長機遇並提升運營效率。同程旅行將繼續致力於提升公司的ESG表現,為所有利益相關者創造可持續的長期價值。

-完-

關於同程旅行控股有限公司(香港聯交所股份代號:0780.HK

同程旅行是滿足用戶旅遊需求的一站式平台。同程旅行秉持「讓旅行更簡單、更快樂」的使命,為用戶提供幾乎涵蓋旅遊所有方面的全面創新產品和服務選擇,包括交通、住宿、景點門票預訂、酒店管理、度假產品以及各種配套增值旅遊產品與服務,廣泛覆蓋了多個出行和度假場景。主要通過其在線平台(包括其騰訊旗下平台、自有移動應用程式、輕應用及其他渠道)來滿足用戶在整個旅途中不斷變化的旅遊需要。

作為科技驅動型公司,同程旅行借助大數據及人工智能能力,更好地瞭解用戶偏好和行為,向用戶提供定制化產品及服務。同程旅行重點佈局中國下沉市場,利用其多元化的流量渠道、產品的創新能力及靈活的運營策略。透過對用戶需求的深入瞭解及先進技術能力,同程旅行正逐步改變消費者對線上旅遊行業的期望,使得旅遊過程更方便、更具個性化及更愉快。同程旅行致力開發並應用先進科技,從線上旅遊平台轉型為智慧出行管家。

欲瞭解更多資訊,請瀏覽集團網站: https://www.tongchengir.com

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10:04
NVIDIA Said to Pump USD6B to Build Open-weight AI Models, Mounting Competition with DeepSeek

NVIDIA Corporation (NVDA.US) reached a licensing agreement with AI startup Poolside to build open-weight AI models, vying against Chinese models such as DeepSeek and Kimi K3, while also being expected to pose a direct challenge to major US AI companies including OpenAI and Anthropic, the Wall Street Journal, citing sources, reported.

Poolside was founded in 2023 by software developer Eiso Kant and former GitHub Chief Technology Officer Jason Warner. The company previously sent a letter to shareholders announcing a major business restructuring.

NVIDIA will invest USD1 billion in Poolside at a pre-money valuation of USD12 billion, according to the report, citing the letter. It will also pay USD6 billion to obtain licensing rights for Poolside's technology and recruit most of its engineers.
~

AASTOCKS Financial News
Website: www.aastocks.com

Information Provided by AAStocks Financial News [Disclaimer]
09:08
Trump Portfolio Reshuffle in Jun: Sell Meta/ Other Holdings While Buying Berkshire Hathaway

US President Donald Trump disclosed that he carried out more than 1,000 financial asset switches in June, indicating a large-scale reshuffle of his investment portfolio.

He adjusted holdings across stocks, bonds and exchange-traded funds (ETFs) throughout June, according to the latest filing submitted by Trump on August 22. As the filing only listed value ranges for each transaction instead of exact figures, the total transaction value ranged from USD78.1 million to USD263.1 million. Securities purchases exceeded USD49 million, while sales amounted to at least USD28.5 million.

The filing reflects investment operations conducted on behalf of Trump, but does not fully reveal the overall portfolio holdings. The disclosure did not specify actual trading amounts, nor did it reveal the scale of his holdings in any particular securities.

Among the 1,051 transactions, the largest was the sale of Vanguard Dividend Appreciation Index Fund ETF shares on June 22, with a transaction value ranging from USD5 million to USD25 million. On the same day, he also bought Fidelity National Information Services, Inc. (FIS.US) and Home Depot Inc. (HD.US), with each transaction ranging from USD1 million to USD5 million. Both represented the largest purchases of those shares during June, although he also sold part of his Fidelity holdings.

Trump sold shares of Meta Platforms, Inc. (META.US) and Motorola Solutions, Inc. (MSI.US) on June 18, with each transaction valued between USD1 million and USD5 million. On the same day, he bought Berkshire Hathaway (BRK.B.US), Cintas Corporation (CTAS.US), Visa Inc. (V.US) and Mastercard Incorporated (MA.US), with each transaction also ranging from USD1 million to USD5 million. These trades took place one day after the market declined amid concerns over the outlook for monetary policy. June 17 marked the conclusion of Federal Reserve Chair Kevin Warsh's first meeting, and stocks rebounded on June 18.
~

AASTOCKS Financial News
Website: www.aastocks.com

Information Provided by AAStocks Financial News [Disclaimer]
2026-08-21
16:59
NVIDIA Reportedly In Talks with S Korea AI Chip Design Firm Rebellions on Co-op

NVIDIA Corporation (NVDA.US) is discussing potential cooperation with South Korean AI chip design company Rebellions, which may include technological collaboration, investment, or even an acquisition, Bloomberg, citing sources, reported.

NVIDIA CEO Jensen Huang reportedly met Rebellions co-founder and CEO Sunghyun Park in California this week and discussed potential partnership opportunities.

Previously, Rebellions had raised approximately USD850 million from investors including SK Hynix, Samsung Venture Investment and Arm Holdings plc (ARM.US). Its latest valuation was approximately USD2.3 billion.
~

AASTOCKS Financial News
Website: www.aastocks.com

Information Provided by AAStocks Financial News [Disclaimer]
15:08
2026 World Robot Conference: Zoomlion Showcases Industrial Embodied Intelligence

BEIJING, Aug. 21, 2026 /PRNewswire/ -- Zoomlion Heavy Industry Science & Technology Co., Ltd. ("Zoomlion" or "the Company"; 1157.HK) is showcasing its embodied intelligence technologies and robotic products for industrial applications at the 2026 World Robot Conference (WRC), taking place from Aug. 19-23, 2026, in Beijing, China.

A Zoomlion humanoid robot performs rearview-mirror pre-assembly at the World Robot Conference
A Zoomlion humanoid robot performs rearview-mirror pre-assembly at the World Robot Conference

Since 2015, the WRC has brought together companies, researchers and industry stakeholders to showcase advances in robotics and practical applications. The 2026 edition focuses on human-robot collaboration and closer alignment between technology development and industrial demand.

A Showcase for Zoomlion's Embodied Intelligence Systems

At the WRC, Zoomlion is presenting the bipedal humanoid robot Z01, the wheeled humanoid robot Z03, and the quadrupedal robot dogs D15 and D40, as well as its self-developed joint modules.

These robotic products reflect Zoomlion's application of embodied intelligence to address practical manufacturing pain points such as flexible sorting, precision assembly and wire-harness handling, with each robot configured for the requirements of its assigned task.

Zoomlion's booth features Robot Ops, an embodied intelligence operating system that debuted at Hannover Messe in April 2026. Designed as a professional development platform for embodied intelligence in the Software 3.0 era, Robot Ops integrates four core modules: basic tools, imitation learning, reinforcement learning and task orchestration. It supports a closed-loop development lifecycle covering data collection, model training, simulation and validation, as well as deployment and operations.

The platform is designed to support applications involving humanoid robots, industrial robots, construction machinery and autonomous driving, empowering industries through a single integrated platform while providing a standardized and replicable engineering pathway for the large-scale deployment of embodied intelligence.

Alongside Robot Ops, Zoomlion is also presenting ZBrain, an embodied intelligence system which enables traditional industrial robots to move beyond fixed-program execution and become intelligent operating units capable of sensing their environment, understanding tasks, making autonomous decisions and executing closed-loop operations.

Empowered by ZBrain, users can issue task instructions, after which the system autonomously performs detection, planning, execution and verification. It is designed to support high-mix, low-volume production, significantly shortening deployment timelines, accelerating changeover cycles and lowering the barrier to adoption.

At the conference, Zoomlion is highlighting capabilities that are grounded in real-world testing. Zoomlion has validated its robots across nearly 20 manufacturing scenarios at Zoomlion Smart City, where they have been deployed in active manufacturing environments. This operational experience provides the data and know-how needed to move intelligent technologies and robotic products toward large-scale industrial deployment.

Industrial and Interactive Demonstrations

Visitors can experience the capabilities of Zoomlion's robots firsthand through a series of industrial and interactive demonstrations. The Z03 performs material picking, sorts irregularly shaped items and completes the preassembly of rearview mirrors, while the Z01 handles and organizes wire harnesses. The demonstrations also include synchronized dance performances, robot-guided tours and gesture-based interactions with Z01.

The Company is advancing embodied intelligence from laboratory research to deployable industrial applications and supporting intelligent manufacturing across industries.

Visitors to the WRC 2026 can find Zoomlion at Booth D403 in Hall D.

Information Provided by PR Newswire [Disclaimer]
13:40
三生製藥發佈2026中期業績:創新驅動、合作共贏、行穩致遠

上海2026年8月21日 /美通社/ -- 三生製藥(01530.HK)今日發佈2026年中期業績公告。今年上半年,公司實現營業收入45.3億元,同比增長3.9%,歸母淨利潤11.5億元,經調整的經營性歸母淨利潤14.4億元,同比增長26.5%,研發費用6.8億元,同比增長24.9%,公司財務資源194億元,充裕的資金儲備為研發投入和戰略佈局提供了堅實保障。上半年核心品種獲全球23個國家上市許可,海外產品銷售同比增長43%,來源於公司rhEPO、益賽普、rhTPO等品種在全球多個新興經濟體國家提升市場滲透率。

2026年以來,公司3款I類創新藥獲批上市,5款產品進入NDA階段,構建多領域創新管線矩陣,全球化競爭力與核心治療領域優勢進一步夯實。公司在全球合作、創新研發和產品商業化等方面均取得重要進展,高質量發展的步伐穩健有力。

一、PF-08634404(SSGJ-707)全球多中心多項臨床同步開展

PF-08634404(SSGJ-707)是三生製藥自主研發的PD-1/VEGF雙特異性抗體,被視為極具潛力的下一代腫瘤免疫治療產品。2025年,三生製藥授予輝瑞SSGJ-707全球開發與商業化權利,交易總額最高超60億美元,公司同時享有基於全球累計收入的梯度雙位數分成。其中14億美元首付款及1億美元股權合作,一舉刷新中國創新藥單筆出海授權交易的首付款紀錄。全球臨床試驗啟動觸發研發里程碑付款,報告期內公司已確認BD項目相關收入8.5億元

2026年,輝瑞全力推進SSGJ-707全球多中心臨床開發,已開展9全球多中心臨床試驗,覆蓋鱗狀/非鱗狀非小細胞肺癌、轉移性結直腸癌、廣泛期小細胞肺癌、胃食管癌、肝細胞癌、轉移性尿路上皮癌、腎細胞癌等多個高發癌種,其中2項已進入III期臨床,3項處於II期,4項處於I。截至8月19日,SSGJ-707已註冊11項臨床,啟動1361家臨床中心,預計入組患者5016人,覆蓋全球23個國家及地區,其中中國75家醫療機構參與9項臨床方案,數量僅次於美國,位居全球第二;2026年開展的III期臨床覆蓋美國目標患者人群達22.5萬人,為其後續商業化價值奠定了堅實的患者基礎。未來,還將持續拓展該品種更多適應症及聯用治療方案,充分釋放這一核心創新品種的全球臨床價值與商業增長空間。

二、創新價值密集兌現,構建新增長引擎

2026年上半年,三生製藥創新管線進入密集收穫期。3款I類創新藥接連上市、5款產品進入NDA階段,創新動能正加速轉化為業績驅動力。

3款自主研發I類生物創新藥獲批上市。 益賽拓®(安沐奇塔單抗)於2月獲批上市,用於治療適合系統治療或光療的中度至重度斑塊狀銀屑病成人患者。益賽拓®具有皮損清除能力強且起效快、免疫原性低、安全性和耐受性良好、給藥便捷性高等核心優勢,有望重塑銀屑病治療預期。未來,隨著新適應症開發的持續推進,該產品將有望進一步拓寬在自免領域的臨床應用前景。

新比澳®(羅賽促紅素α注射液)於3月獲批上市,為首個國產長效重組EPO類雙周制劑,用於治療慢性腎病(CKD)貧血的血液透析患者。產品擁有120小時超長半衰期、免疫原性低,靜脈給藥更適合血透患者,「兩週一次」的給藥方案顯著提升患者治療便利性。

益賽那®(安弗利奇塔單抗注射液) 於8月獲批上市,為國產首個自研IgG1/κ型人源化抗IL-1β單克隆抗體,用於治療成人急性痛風性關節炎。該產品具有快速鎮痛、長效防復發、安全性優異的差異化臨床價值,是傳統激素療法的優選替代方案,痛風精準抗炎新選擇。

5款NDA階段產品蓄勢待發。 公司在NDA階段已形成5款產品的儲備梯隊,覆蓋特應性皮炎、眼科疾病、乳腺癌、減重等多個治療領域。其中, 611(抗IL-4Rα單抗)用於成人中重度特應性皮炎、601A(抗VEGF單抗)用於視網膜分支靜脈阻塞(BRVO)所致黃斑水腫,上市申請均已獲受理;合作引進的柏瑞素®(口服紫杉醇溶液)用於HER2陰性乳腺癌、DB-1303(HER2 ADC用於HER2陽性乳腺癌、WS2403(GLP-1受體激動劑)用於成人超重/肥胖長期體重管理,也已進入NDA階段,後續有望陸續獲批上市,為公司持續增長提供充足的產品儲備。

三、構建多領域創新管線矩陣,築牢長遠核心競爭優勢

公司在研管線持續豐富,共有25重點在研品種,覆蓋血液腫瘤、自免、腎科、皮膚及減重等核心治療領域。腫瘤血液科:雙抗/融合蛋白多點佈局,打造差異化競爭優勢。特比澳®(重組人促血小板生成素注射液)治療慢性肝病引起的血小板減少(CLDT)已獲美國FDA批准開展全球多中心橋接臨床。705(抗PD1/HER2雙抗)治療HER2陽性實體瘤已進入II期臨床,為國內唯一積極推進臨床的同靶點藥物,差異化優勢顯著。706(抗PD1/PDL1雙抗)治療晚期非小細胞肺癌、晚期胃腸道腫瘤已進入II期臨床。708(抗PD1/TGFβ雙抗)、709(抗PD1/LAG3雙抗)、SPGL008(抗B7H3抗體/IL-15融合蛋白)治療實體瘤,均處於I期臨床階段。SSS57(長效ActRIIB-Ig Trap融合蛋白)治療血液疾病獲批美國IND,是國內首個進入臨床的創新偏向型雙抗。腫瘤血液科管線梯隊持續完善,為長期增長儲備優質標的。腎科:聚焦核心需求,前沿靶點佈局國內首創。 SSS55(C3b雙功能融合蛋白)治療陣發性睡眠性血紅蛋白尿症(PNH)、補體相關腎病、牙周炎已進入I期臨床,具有Best-In-Class的潛力。SSS68(長效抗APRIL/BAFF雙抗)治療IgA腎病,中美IND雙獲批,為國內唯一進入臨床的長效雙抗。皮膚及減重:賽道拓新、管線延伸。WS204(柯拉特龍乳膏劑)治療中重度尋常性痤瘡處於III期臨床。SSS67(抗ActRIIA/ActRIIB雙抗)治療超重/肥胖症已進入I期臨床。 自身免疫:多款產品進入關鍵臨床階段,研發進度國內領先。 益賽拓®(安沐奇塔單抗注射液)強直性脊柱炎III期臨床已完成全部受試者入組,放射學陰性中軸型脊柱炎III期臨床已完成首例受試者入組。

益賽那®(安弗利奇塔單抗注射液)痛風性關節炎間歇期適應症多次給藥的劑量探索II期研究已啟動。

610(抗IL-5單抗)成人重度嗜酸性粒細胞哮喘(EA)III期臨床已完成全部受試者入組,青少年重度EA的III期臨床入組中。611(卡泰奇拜單抗)成人中重度特應性皮炎已遞交NDA並獲受理。626(抗BDCA2單抗)系統性紅斑狼瘡和皮膚型紅斑狼瘡II期臨床啟動中;627(抗TL1A單抗)潰瘍性結腸炎II期已啟動入組;716(OX40L/IL-31RA雙抗)特應性皮炎已獲批中美IND,I期臨床已啟動入組。早研管線全方位覆蓋自免適應症,其中717(CD3/BCMA/CD19人源化三特異性抗體)用於系統性紅斑狼瘡/狼瘡性腎炎/類風濕關節炎,718(抗TL1A/IL-23雙特異性抗體注射液)用於炎症性腸病(潰瘍性結腸炎/克羅恩病),719(抗TSLP/IL-4R雙特異性抗體吸入劑)用於哮喘/慢性阻塞性肺疾病,629(IL-23R口服多肽)用於銀屑病/炎症性腸病,均已進入IND或臨床前研究階段,展現出公司在自免領域前瞻性的全鏈條佈局。 

四、ESG治理獲權威認可,彰顯可持續發展實力

一直以來,公司將環境、社會及治理(ESG)理念深度融入經營管理全流程,持續完善治理架構、踐行社會責任、推進綠色運營,可持續發展建設取得紮實成效,收穫多方權威平台的肯定。2026年7月,公司在萬得(Wind) ESG評級躍升至AA,躋身生物科技行業前3.2%,充分印證公司在風險管理、合規運營、社會責任實踐等維度的綜合實力。與此同時,公司落地的公益項目再度獲評 「中國醫藥工業企業社會責任優秀案例」,這也是行業層面對企業投身公益事業、履行企業社會責任的認可。

三生製藥董事局主席兼首席執行官婁競博士表示:「2026年初,生物醫藥被列為國家新興支柱產業,產業持續提質升級,新藥研發能力為企業發展提供持續動能。立足三十餘年產業積澱,我們堅持守正創新,持續加大研發投入,深耕腫瘤、自免、腎科等領域,持續優化研發管線,加強人才梯隊建設。今年上半年,公司多款重點創新藥集中獲批,拓展了未來發展的空間。接下來,我們將持續推進後期管線的上市進程,讓更多具備臨床價值的創新藥服務廣大患者。」

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