Qianli Technology Reports Strong H1 2026 Financials Driven by Smart Driving Growth
Qianli Technology reported a 22.36% year-on-year increase in H1 2026 revenue to 5.12 billion RMB, with net profit surging 151.25% to 78 million RMB. This growth was primarily driven by its smart driving business (ASD), which generated 1.235 billion RMB and has deployed its ASD 4.0 version on over 530,000 vehicles. The rapid commercialization of Qianli's ASD system, which achieved a 93% user activation rate across brands like Zeekr and Lynk & Co, highlights the accelerating adoption of advanced driver assistance systems in the Chinese EV market. It also demonstrates how automotive tech suppliers are successfully translating R&D investments into profitability, as seen in the company's passenger vehicle gross margin rising to 12.7%. Qianli allocated 837 million RMB of its 1.12 billion RMB H1 R&D budget specifically to smart driving. The upcoming ASD 4.1 version will introduce door-to-door (D2D) navigation, physical AI models, and cockpit-driving integration, while ASD 5.0 is slated for release by the end of 2026.
## BACKGROUND
Cockpit-driving integration is an emerging automotive architecture trend that combines the infotainment system (smart cockpit) and the autonomous driving system into a single hardware and software platform to reduce costs and improve efficiency. Door-to-door (D2D) autonomous driving represents a high-level driver assistance capability that manages the entire trip from the starting parking spot to the destination parking spot without human intervention.