Earnings ·
Jinxin Technology reports RMB142.1M net revenues, a 31.8% decrease from prior year
NAMIJinxin Technology Holding Co
Jinxin Technology Holding Company filed its unaudited interim condensed consolidated financial statements for the six months ended June 30, 2026. Net revenues decreased 31.8% to RMB142.1 million (US$20.9 million), driven by a 44.8% drop in licensing revenue from content aggregators and distributors. The company reported an operating loss of RMB14.5 million, narrowing significantly from the RMB23.9 million loss in the prior year period, while net loss improved to RMB10.5 million from RMB21.1 million. Gross profit margin expanded to 19.6% from 14.9%. The company repurchased 269,910 shares of treasury stock for US$7 thousand and repaid RMB5.0 million in borrowings. Cash and cash equivalents stood at RMB26.0 million (US$3.8 million). Jinxin Technology Holding Company operates in the digital education industry, providing K-9 digital textbook subscription services and educational content through its variable interest entities in China.