DSC Holdings Ltd. reported unaudited financial results for the second quarter ended June 30, 2026. Revenue increased 3.7% year over year to RMB167.0 million (US$24.6 million). GAAP net loss was RMB240.5 million (US$35.4 million), primarily due to RMB227.8 million in share-based compensation recognized upon the completion of its Nasdaq IPO in June 2026 and related expenses. Adjusted net loss narrowed by 61.5% to RMB7.4 million, reflecting improved operating efficiency. The company also introduced new operating metrics for its used car operations, including 9,146 monetized dealerships and 214,451 monetized transaction services. DSC Holdings Ltd. operates as the AI application infrastructure for China’s used car industry.