Earnings ·
Intchains Group Limited reported a net loss of RMB148.9 million for H1 2026, driven by a 93.7% revenue decline to…
ICGIntchains Group Ltd
Intchains Group Limited reported a net loss of RMB148.9 million for H1 2026, driven by a 93.7% revenue decline to RMB11.1 million amid cyclical softness and PRC mining restrictions. The company completed the tape-out of its next-generation mining ASIC in July, targeting a Q4 commercial launch. Management announced cost optimization measures reducing annual labor costs by an estimated RMB23.1 million and approved a $15 million share repurchase program effective August 21, 2026. Intchains Group Limited operates as an integrated infrastructure provider of efficient altcoin mining and staking.