Earnings release
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Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement , make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement . This announcement contains forward - looking statements that involve risks and uncertainties . All statements other than statements of historical fact are forward - looking statements . These statements involve known and unknown risks , uncertainties and other factors , some of which are beyond the Company's control , that may cause the actual results , performance or achievements to be materially different from those expressed or implied by the forward- looking statements . You should not rely upon forward - looking statements as predictions of future events . The Company undertakes no obligation to update or revise any forward - looking statements , whether as a result of new information , future events or otherwise . XtalPi 晶 泰 科技 XtalPi Holdings Limited 晶 泰 控股 有限公司 ( Incorporated in the Cayman Islands with limited liability ) ( Stock Code : 2228 ) INTERIM RESULTS ANNOUNCEMENT FOR THE SIX MONTHS ENDED 30 JUNE 2026 The board ( the “ Board ” ) of directors ( the “ Directors ” ) of XtalPi Holdings Limited ( the " Company " ) hereby announces the unaudited condensed consolidated results of the Company and its subsidiaries ( collectively , the “ Group ” , “ we ” or “ our ” ) for the six months ended 30 June 2026 ( the “ Reporting Period ” ) , together with the comparative figures for the corresponding period of 2025. These unaudited condensed consolidated results of the Group have been reviewed by the audit committee of the Company ( the " Audit Committee ” ) . FINANCIAL SUMMARY For the six months ended 30 June 2026 RMB'000 2025 RMB'000 ( Unaudited ) ( Unaudited ) Revenue 393,627 517,076 Research and development expenses ( 367,838 ) ( 221,527 ) ( Loss ) / profit for the period ( 224,944 ) 75,609 Adjusted net ( loss ) / profit ( non - IFRS measure ) * ( 105,511 ) 141,628 * Adjusted net ( loss ) / profit is not defined under the IFRS Accounting Standards ( the " IFRS ” ) . It represents the ( loss ) / profit for the period adjusted by adding back ( i ) share - based compensation expenses , and ( ii ) interest expenses on convertible bonds . − 1 −