China Control Technology said at the 2026 semi-annual results briefing held on October 13 that since last year, the number of TPT projects has grown rapidly, and the share of subscription projects in the number of TPT projects has continued to increase. However, since subscription revenue is recognized in installments over time, and the revenue recognition cycle is relatively long, the increase in subscription revenue share is bound to be slower than the increase in the number of projects. At this stage, the TPT business shows a pattern where a buyout system and a subscription system coexist, but the share of subscription revenue is gradually increasing. Although implementing a subscription system will reduce the amount of TPT revenue confirmed in the current period, the company believes that it is the most suitable business model for the long-term development of TPT, and it is also a model commonly used by current large model manufacturers, and the company will continue to unswervingly promote this model.

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