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Changjietong (01588) net profit of 55.26 million yuan in the first three quarters increased 30% year-on-year
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According to the Zhitong Finance App, Changjietong (01588) announced the results for the first three quarters of 2026. During the reporting period, the Group achieved operating revenue of RMB 839 million, an increase of 16% over the same period of the previous year. Among them, cloud subscription revenue was RMB 649 million, up 23% from the same period last year, and cloud subscription revenue accounted for 77% of total revenue; cloud subscription contract debt at the end of the reporting period was RMB 920 million, an increase of 23% over the end of the previous year.

During the reporting period, the Group obtained net profit attributable to shareholders of the parent company of RMB 55.26 million, an increase of 30% over the net profit of RMB 42.55 million in the same period of the previous year, mainly because the Group unswervingly promoted the “AI first” strategy, grasped customer demand for corporate AI, continued to enhance product competitiveness, and made every effort to increase market coverage, and revenue continued to grow; The Group continued to implement efficient management, and the share of R&D expenses, sales expenses and management expenses in revenue decreased compared to the same period last year, increasing profits level.

On September 30, 2026, the Group's total assets were RMB 2,067 billion, up 9% from RMB 1,894 billion at the end of the previous year.

During the reporting period, the Group continued to focus on the two major fields of digital intelligence finance and digital commerce for small and micro enterprises, seizing strategic development opportunities in the AI era, firmly adhering to the principle of customer success, deepening the implementation of the “AI first” strategy, accelerating global development, improving the level of product intelligence, enhancing product competitiveness, adhering to ecological co-prosperity development, moving from application services to ecological platform services, promoting large-scale business development and improving operating efficiency and profit levels.

At the product level, the Group continues to accelerate product innovation and development, deepen the implementation of the “AI first” strategy, and steadily advance AI product iteration and ecological cooperation. The AI intelligent platform has been fully upgraded. Nine digital intelligence employees and 21 skill modules have been launched, covering all financial, business and operation scenarios of small and micro enterprises, and AIcoding capabilities have been added to support personalized development and automated deployment. At the same time, based on the AI Yuansheng Digital Intelligence platform, a new AI good business has been released, fully integrating standard intelligence into the product system.

At the marketing level, in terms of distribution channels, the Group continues to expand the density and breadth of channel market coverage. Channel types continue to be rich, achieving market coverage in 40 empty districts and counties in a single quarter in the third quarter of 2026; collaborating with national partners to conduct nearly 1,000 AI experience sessions for enterprises with the theme of “Driving AI”, relying on the FDE (ForwardDeployedEngineer, Frontier Deployment Engineer) certification system and “lobster club” marketing operations to help small and micro enterprises apply AI capabilities to enterprise management. In terms of direct sales channels, we will continue to deepen customer management and content operations, actively explore the application of AI in marketing and service, improve brand reach and customer conversion efficiency; simultaneously promote the construction of intelligent assistants for new purchase and renewal scenarios, promote hierarchical customer management, and promote the improvement of both service efficiency and value. In terms of ecological co-marketing, as the first batch of application ecosystem partners of Tencent WorkBuddy, the company and Tencent jointly released a special edition of WorkBuddy; completed the entry of MCP and standard skills on mainstream AI platforms such as Doubao Work and Qianwen Office, further expanding the business application scenarios covered by ecological cooperation.

During the reporting period, the number of new paid enterprise users added to the Group's cloud service business was 192,000, an increase of 47% over the same period last year; by the end of the reporting period, the cumulative number of paid enterprise users in the cloud service business reached 1.153 million. The board of directors of the company believes that the overall business operation of the Group has maintained a good development trend.

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