What happened
Guoen released its 2026 first-half results, reporting revenue of 11.514 billion yuan, up 18.05% year on year, and attributable net profit of 655 million yuan, up 89.33%.
In the same report, the company outlined a strategic shift from chemical new materials to a three-in-one technology platform covering high-end manufacturing, green computing power, and AI industrialization.
Guoen set up a new controlling subsidiary, Guoen Jiuchi Technology (Shanghai), in July 2026 with registered capital of 100 million yuan, and on August 28 proposed a guarantee of up to 15 billion yuan for it. The company said it has already formed partnerships with several major AI model firms.
Why it matters
The move positions Guoen to ride a structural shift in the AI industry from raw resource rental to industrialized, standardized Token production, tapping into a computing-network construction wave with tens of trillions of yuan in projected investment.
Its four-phase plan — from hardware customization and computing-center operations to green-power direct connection and zero-carbon Token factories — aims to turn computing capacity into a second core growth engine alongside its materials and robotics businesses.
Key facts
H1 2026 attributable net profit was 655 million yuan, up 89.33% year on year.
H1 2026 revenue was 11.514 billion yuan, up 18.05% year on year.
Guoen Jiuchi Technology has registered capital of 100 million yuan and covers AI computing and integrated circuits.
Guoen proposed a guarantee of no more than 15 billion yuan for Guoen Jiuchi.
Guoen has established actual cooperation with multiple leading AI model companies.
What to watch next
Whether Guoen can convert its announced computing strategy into concrete revenue from hardware customization, computing services, and Token production.
How its robotics product line — including humanoid and quadruped robots and dexterous hands — will integrate with its AI computing infrastructure.
Whether the capital-intensive computing buildout and green-power expansion deliver the cost advantages and scale the company is targeting.