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
Xiaocaiyuan, known as "China"s first Chinese fine-dining stock," announced its 2026 interim results on Friday evening. As of June 30, the group had recorded revenue of 2.903 billion yuan, up 7 percent year-on-year, and profit for the period of 289 million yuan.
The company accelerated its AI and hardware intelligent upgrades, as nearly 300 stores have introduced cooking robots to handle standardized back-of-house processes and the AI digital system covers core operations including intelligent ordering, customer-flow forecasting, capacity scheduling, and business district activities.
CFO Wang Xiang said that the combination of cooking robots and AI operational tools has improved multiple store performance metrics. Stores equipped with intelligent devices outperform traditional ones in back-of-house per-capita output, meal preparation efficiency, and table turnover rates, while dish standardization and product consistency continue to improve. At present, more than 80 percent of stores routinely use AI operational tools, according to stcn.com.
AI was a high-frequency term mentioned in JINGDONG industrials" interim results. As of the end of June, the company had deployed more than 70 AI agents covering procurement, fulfillment, and operations scenarios.
Data shows that AI-driven incremental gross merchandise value (GMV) accounted for 6.5 percent of GMV from key enterprise clients. About 30 percent of standard product data was automatically generated by AI, boosting product creation efficiency by 14.5 times, while productivity in core positions increased by 16.6 percent.
This means that AI is no longer merely a cost item that consumes research and development expenses, but is beginning to transform into a productive tool that drives incremental revenue and efficiency improvements, analysts said.



