Qian Xun Tech (01640) released its annual performance, with a profit of 1.494 billion yuan, a year-on-year increase of 318.56%.

QIAN XUN TECH (01640) released its annual performance as of December 31, 2025, with a group revenue of RMB 1.494 billion, a year-on-year increase of 318.56%; gross profit of RMB 46.283 million, a year-on-year increase of 105.74%. The announcement stated that the increase in revenue during the reporting period was mainly due to the group's second-hand e-commerce business generating sales revenue of approximately RMB 1.448 billion, compared to RMB 249 million in the previous year. The group also confirmed a surplus profit from branches of approximately RMB 15.1 million for the year, compared to RMB 6.6 million in the previous year. Advertising and other service revenue for the year was approximately RMB 46 million, compared to approximately RMB 108 million in the previous year, a decrease of about 57.2%. Due to intense competition in the advertising industry and increased costs, the company reduced the volume of advertising for other profitable ads in order to maximize business profits, which led to a decrease in revenue from other advertising services.