iFLYTEK CO.,LTD, together with its subsidiaries, provides intelligent speech and technology solutions and services in China and internationally. The company offers smart recorder, translator, voicebook, dictionary pen, space products, and microphones; AINOTE, a voice transcription device; Spark Trans, a multilingual simultaneous interpreting system; Deepting, an AI-powered transcription tool; and global Chinese learning platform and AI + marketing solutions. It also provides intelligent application systems; software for voice and speech recognition and conversion; computer software design and programming services; technical research in the field of computer software; advertising; online trading; marketing; and computer database information system through platform and website. In addition, the company offers telecommunication services, including wireless telephone services, wireless telephony and wireless broadband communications services, and consulting services for transmission of voice, data, and documents via telecommunications networks. Further, it is involved in education and training; software development; installation engineering; system integration; data processing and storage support; cultural and artistic services; rental business; investment activities; childcare; insurance; provision of internet data and network services; AI application; and industrial robot manufacturing. The company was formerly known as Anhui USTC iFLYTEK Co., Ltd. and changed its name to iFLYTEK CO.,LTD in April 2014. iFLYTEK CO.,LTD was founded in 1999 and is headquartered in Hefei, China.
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iFlytek posts first-half net loss of 204 million yuan, narrowing from a year earlier
iFlytek disclosed its 2026 interim report, showing first-half total operating revenue of 11.623 billion yuan, up 6.52 percent year on year, while net loss attributable to shareholders of the listed company was 204 million yuan, compared with a loss of 239 million yuan in the same period last year. The company scaled back traditional project-based business, with first-half government-sector revenue down 2.65 percent year on year, but its business structure continued to improve. Sales of the iFlytek AI learning tablet fell short of expectations due to rising chip and storage prices and periodic shortages, though its online share in the above-6,000-yuan price segment rose to 49 percent, and overall market share trended upward. In July, sales of the iFlytek AI learning tablet rebounded quickly, with cumulative sales through July returning to 3 percent growth compared with the same period last year, and July sell-out volume rising more than 30 percent year on year.
iFlytek Plans to Spend 100 Million to 200 Million Yuan on Share Buyback for Equity Incentives
iFlytek announced that the company plans to repurchase A-shares through centralized bidding, with a total buyback amount of no less than 100 million yuan and no more than 200 million yuan, at a price not exceeding 62.13 yuan per share. The repurchased shares will be used entirely for equity incentives or employee stock ownership plans, with the buyback period lasting up to 12 months from the date of board approval.
Multiple Companies on Shanghai and Shenzhen Exchanges Release Half-Year Reports and Major Announcements
On the evening of July 27, multiple listed companies on the Shanghai and Shenzhen exchanges released announcements. Orient Securities plans to acquire 100% equity of Shanghai Securities for 25.12 billion yuan, with share consideration of 23.55 billion yuan and cash consideration of 1.57 billion yuan. Guotai Junan Securities has been approved to publicly issue corporate bonds to professional investors totaling no more than 80 billion yuan. China Energy Engineering Corporation signed new contracts worth 513.188 billion yuan in the first half of the year, down 33.81% year-on-year; PowerChina signed new contracts worth 619.893 billion yuan in the first half, down 9.73% year-on-year. Shenhuo Coal Industry and Power reported first-half net profit of 4.781 billion yuan, up 151.06% year-on-year; Dongfang Precision reported first-half net profit of 3.846 billion yuan, up 867.75% year-on-year, and plans to distribute a cash dividend of 2 yuan per 10 shares. Foxconn Industrial Internet plans to repurchase shares worth 1 billion to 2 billion yuan, and iFlytek plans to repurchase shares worth 100 million to 200 million yuan. A controlled subsidiary of Changxin Bochuang signed a long-term cooperation agreement for the sale of optical fiber and cable worth approximately 4.5 billion yuan. In addition, ST Hengxin has been placed under investigation by the China Securities Regulatory Commission for suspected violations of information disclosure laws, and a controlled subsidiary of Beingmate has suspended production due to typhoon and rainstorm, with some assets suffering losses.
iFlytek, Ruijie Networks, and Other Shenzhen-Listed Companies Take Center Stage at the 2026 World Artificial Intelligence Conference
The 2026 World Artificial Intelligence Conference took place in Shanghai from July 17 to 20, with a number of Shenzhen-listed companies showcasing end-to-end AI breakthroughs spanning technology to application. As a strategic partner of the conference, iFlytek presented the evolution of AI from an autonomous and controllable foundation to real-world deployment under the theme of liberating productivity and unleashing imagination. Ruijie Networks focused on AI underlying infrastructure, highlighting capabilities in high-speed switching, lossless networking, optical interconnects, and intelligent operations. iSoftStone exhibited benchmark AI cases across multiple industries, covering core achievements such as Token Factory, agent platforms, AI Factory solutions, intelligent computing servers, AI workstations, AIPC, embodied intelligent robots, and physical AI systems. Wonders Information centered on the integration of AI with livelihood scenarios, showcasing innovative practices in four major directions: AI plus health management, AI plus medical services, AI plus regulatory governance, and AI plus smart livelihood.
iFLYTEK Launches GuideX, an AI Agent That Completes Public Service Tasks
iFLYTEK launched GuideX, an intelligent interaction agent for public service environments, at the World Artificial Intelligence Conference 2026 in Shanghai. GuideX moves beyond answering questions to completing tasks, using capabilities the company calls Omnimodal, Self-Regulation, and Empathy-Driven. Omnimodal perception fuses voice, face, position, lip movement, and spatial context to handle crowded venues, with word loss below 1.3% and cross-talk below 1.7% even when multiple people speak, and speech recognition reaching 92.1% at -10dB noise. Self-regulation infers real needs and uses a dual-track mechanism with over 10,000 skills on the SkillHub platform to handle routine and complex cases. Empathy-driven interaction reads emotional context and, with user consent, retains service context so returning users can pick up where they left off. GuideX is deployed across Southeast Asia, the Middle East, Central Asia, Latin America, and Africa, and iFLYTEK also launched the GuideX Navigator Program with eight ecosystem partners spanning government services, transportation, hospitality, tourism, and smart commerce.
iFlytek expects first-half loss of 180 million to 228 million yuan
iFlytek has disclosed its earnings forecast, expecting a net loss attributable to shareholders of the parent company of 180 million to 228 million yuan for the first half of 2026, compared with a loss of 239 million yuan in the same period last year. The company expects first-half operating revenue and gross profit to grow by 5% to 10% year-on-year. Total sales collections are about 11.8 billion yuan, an increase of about 1.5 billion yuan from the same period last year. Contract value in the first half rose 27% year-on-year.
iFlytek establishes Yaofang Intelligent Technology in Anhui with registered capital of 300 million yuan
iFlytek has wholly owned established Anhui Yaofang Intelligent Technology Company in Anhui, with a registered capital of 300 million yuan. The legal representative is Zhao Zhiwei, and the business scope covers artificial intelligence theory and algorithm software development, artificial intelligence application software development, intelligent robot research and development, and more.
iFLYTEK Officially Launches Open Platform in Central Asia, Positioning Uzbekistan as a New Regional AI Hub
iFLYTEK has officially launched its Open Platform in Central Asia, marking the company's entry into the region and positioning Uzbekistan as a new AI hub. The launch took place during an event in Tashkent on July 1, under the theme "Let's Spark Central Asia with AI," and featured remarks from Uzbekistan's Minister of Digital Technologies Sherzod Shermatov and iFLYTEK executives. The platform provides a comprehensive AI ecosystem integrating the Spark Large Language Model, Spark Agent Platform, Spark MaaS, enterprise applications, and intelligent devices, supporting over 130 languages and enabling private deployment. iFLYTEK demonstrated products including the Guide01 humanoid robot, GuideX digital human, and AI Translation Screen, targeting sectors such as government, education, and healthcare. The company, which serves more than 11.46 million developers and has its technology deployed across over 4.3 billion devices, aims to accelerate digital transformation across Central Asia through this initiative.