迅策科技日前发布2026年上半年中期业绩预告，营收达9.67亿元，同比大幅增长389%，创同期历史新高[1]。公司实现了十年来首个半年度盈利，归母净利润达7251万元，而去年同期则亏损8900万元[1]。经调整净利润为6700万元，相比去年同期净亏损1.05亿元，实现大幅扭亏为盈[1]。
公司通过推出TokenONE操作系统，实现了商业模式的重要转变[1]。该系统将企业私有数据转化为AI可消费的场景Token，并按调用量进行收费，替代了原有的项目制收入模式[1]。迅策垂类场景Token的调用价格达10到100美元/百万Token，远高于通用大模型价格[1]。Token调用ARR在本季度环比增长410%，其中4月环比增长达到300%[1]。公司计划将Token付费收入占比提升至20%-30%[1]。
从收入结构来看，迅策科技的业务增长呈现加速态势[1]。公司2024年营收增速为19%，2025年增速达到103%，到2026年上半年增速则达到389%[1]。同时，非资管业务收入占比在2025年已提升到约80%[1]。公司客户留存率长期维持90%以上，拥有230个客户和300多个标准化模块[1]。
Xunji Technology announced mid-year results for the first half of 2026, revealing dramatic expansion in its business model centered on AI-consumable enterprise data tokens. [1] The company's revenue reached 967 million yuan, surging 389 percent year-over-year and marking a historic high for the period. [1] More significantly, the company achieved its first profitable half-year result in a decade, with net profit attributable to parent company shareholders of 72.51 million yuan, compared to a loss of 89 million yuan in the same period last year. [1] Adjusted net profit reached 67 million yuan, representing a dramatic turnaround from a net loss of 105 million yuan year-over-year. [1]
The transformation reflects a fundamental shift in Xunji's revenue model through the launch of TokenONE, an operating system that converts corporate private data into scenario-specific tokens priced by usage volume. [1] This approach has replaced the company's previous project-based revenue structure, with scenario tokens commanding prices 10 to 100 times higher than standard large language model tokens, reaching 10 to 100 dollars per million tokens. [1] Token call annualized recurring revenue grew 410 percent quarter-over-quarter, with April alone showing 300 percent sequential growth. [1] The company targets token-based paid revenue to comprise 20 to 30 percent of total income going forward. [1]
The company maintains a customer retention rate exceeding 90 percent and serves 230 clients with more than 300 standardized modules. [1] Revenue growth has accelerated sharply across consecutive periods: 2024 saw 19 percent growth, 2025 achieved 103 percent growth, and the first half of 2026 reached 389 percent growth. [1] Non-asset management business revenue improved to approximately 80 percent of total revenue in 2025. [1]
