Lixiang Education posted RMB15.2 million in net Revenue for the six months ended June 30, 2026, while cost of revenues fell to RMB12.6 million. The results matter to investors because tuition and accommodation income declined 12.8%, even as healthcare support services increased by RMB1.1 million.

Key Highlights

  • Tuition and accommodation income fell to RMB7.9 million, down RMB1.1 million, or 12.8%.
  • Cost of revenues decreased RMB7.8 million to RMB12.6 million, including a RMB3.4 million reduction in rental costs.
  • Healthcare Support Services revenue climbed to RMB3.0 million from RMB1.9 million.

Lixiang Education Holding Co. Ltd. (NASDAQ: LXEH) recorded net revenues of RMB15.2 million (US$2.2 million) for the six months ended June 30, 2026. Revenue compared with RMB15.4 million for the corresponding period. The unaudited half-year results were announced September 11, 2026.

Revenue Mix Shifts

Tuition and accommodation generated RMB7.9 million, down RMB1.1 million, or 12.8%, from RMB9.0 million. Lixiang Education attributed the decrease to graduates outnumbering new student enrolments amid a more competitive student recruitment environment. The increase was linked to higher canteen revenue at Langfang School after catering operations moved from an outsourced model to an in-house arrangement. Healthcare Support Services produced RMB3.0 million, rising RMB1.1 million from RMB1.9 million. The increase came from positive outcomes associated with new Business expansion driven by Hebei Chuangxiang. Other revenue reached RMB3.3 million. Course design, development and Training contributed RMB2.4 million, comprehensive flexible-employment services generated RMB0.3 million, rental income from third parties added RMB0.5 million and related-party rental income contributed RMB0.1 million.

Cost Base Contracts

The release attributed RMB3.4 million of the decrease to lower rental costs arising from adjustments to Lease arrangements for Langfang School. Cost of revenues therefore moved from RMB20.4 million in the corresponding period to RMB12.6 million in the six months ended June 30, 2026.

Other Revenue Components

The previous corresponding period generated RMB4.2 million in other revenue. Its components included RMB2.6 million from course design, development and training, RMB1.1 million from comprehensive flexible-employment services, RMB0.3 million in third-party rental income and RMB0.2 million in related-party rental income. The current period’s revenue composition included the RMB3.0 million healthcare support-services contribution and the RMB1.0 million from meal, uniform and learning-material sales. Lixiang Education also included forward-looking statements concerning future business development, financial condition and results of operations. Those statements carry inherent risks and uncertainties.