Suten's Gather Innovation: First-quarter revenue was 459 million yuan, an increase of 39.9% year-on-year, with a net loss narrowing by 35.9%.

date
27/05/2026
Suteng Juchuang Announcement: Unaudited financial performance for the first quarter of 2026 shows that the revenue is approximately 459 million yuan, a year-on-year increase of 39.9%; gross profit is about 99.601 million yuan, with a gross profit margin of 21.7%; net loss is approximately 63.323 million yuan, a year-on-year decrease of 35.9%. The total sales volume of LiDAR products is about 330,300 units, a year-on-year increase of 204.1%, including 144,800 units for ADAS applications and 185,500 units for robots and other applications, with a year-on-year increase of 1458.8%. As of March 31, 2026, the company has obtained mass production orders for 177 models from 36 vehicle manufacturers and Tier 1 suppliers, and SOP has been achieved for 69 models.