Earnings reports of Chinese firms show AI transformation delivers efficiency, profit gains
2026-08-17 09:56 环球时报网英文版
Artificial intelligence Photo: VCG
Multiple Chinese companies released their interim earnings reports last week, showing that from catering to e-commerce, industry, and software, the artificial intelligence (AI) transformation has delivered tangible gains in efficiency, cost optimization and growth.
A Chinese expert said on Sunday that AI has evolved from an "auxiliary tool" into "core infrastructure," and it is expected to significantly boost long-term competitiveness and scalable expansion, potentially driving systemic restructuring across both traditional and emerging industries and unlocking greater commercial value.
Stcn.com reported on Sunday details from private-cloud software vendor Bingo Software Co"s latest interim results, which showed that the company recorded net profit of 4.42 million yuan ($656,127.4), reversing a year-earlier loss. The turnaround was mainly driven by its AI all-in-one machine series, which contributed about 45 million yuan in revenue during the period and became a new growth engine.
The company"s profit model has undergone upgrading, marking a shift from a single software-service-driven approach to a dual-engine model powered by "cloud + AI" computing power, with an initial inflection point in performance now emerging, it noted.
In the past few days, interim earnings reports from multiple Chinese companies have collectively sent the same signal: AI has moved from concept to large-scale empowerment and is reshaping operational logic across industries including catering, e-commerce, and software, Chen Jing, a vice president of the Technology and Strategy Research Institute, told the Global Times on Sunday.



