Galaxis Tech reported interim revenue of RMB 504.91 million for the six months ended 30 June 2026, up 45.1% year-on-year, driven by an expansion in robot and system deliveries and a more than two-fold rise in after-sales services. Sales of robots and systems contributed RMB 492.20 million, a 43.8% increase, while after-sales and other service income climbed 128.6% to RMB 12.75 million.

Gross profit advanced 42.7% to RMB 88.21 million; the gross margin held broadly steady at 17.5% (1H 2025: 17.8%), reflecting a higher share of large, multi-function projects with greater third-party procurement content.

The consolidated loss narrowed 14.7% to RMB 73.25 million, despite higher operating expenses linked to global expansion and the March 2026 Hong Kong listing. Selling and marketing outlays rose 53.2% to RMB 30.83 million, administrative expenses were up 45.7% at RMB 59.26 million, and R&D spending increased 27.3% to RMB 38.66 million. Net finance income improved to RMB 3.39 million on stronger deposit interest.

The March IPO, which raised net proceeds of RMB 516.69 million, eliminated redemption liabilities of RMB 1.87 billion and turned shareholders’ equity from a deficit to a positive RMB 1.08 billion. Cash and cash equivalents surged to RMB 641.32 million (31 Dec 2025: RMB 89.55 million). Current and quick ratios strengthened to 1.9 and 1.3, respectively, while the net debt-to-equity ratio stood at –0.5.

Total backlog stood at approximately RMB 2.20 billion as of 30 June 2026, with 56 overseas projects accounting for RMB 710 million. Overseas business opportunities rose 61.5% in the period, supported by market entries in Australia, Brazil and Japan and new multinational customer wins.

Inventory was reduced to RMB 607.51 million after project completions, and trade receivables fell to RMB 368.61 million on improved collections. Capital expenditure was modest at RMB 5.41 million, and the group had unutilised banking facilities of RMB 45.30 million.

The board declared no interim dividend, citing long-term shareholder interests. Management reiterated strategic priorities of sustained R&D investment, focused overseas expansion, deeper penetration in core verticals and continued operating efficiency gains.