DSC (Nasdaq: DSC) reported unaudited Q2 2026 results with revenue of RMB167.0 million, up 3.7% year over year. GAAP net loss expanded to RMB240.5 million, mainly due to RMB227.8 million of share-based compensation and IPO-related expenses recognized upon its June 2026 Nasdaq listing.
Adjusted net loss (non-GAAP) narrowed 61.5% to RMB7.4 million, supported by a 14.0% decline in both G&A and sales and marketing expenses and a 29.2% decline in R&D (all excluding share-based compensation). Cash and cash equivalents increased to RMB451.3 million as of June 30, 2026. DSC also began disclosing used-car-specific operating metrics, including 65,334 dealership MAUs, 199,933 user MAUs, and ARPU of monetized used car dealerships of RMB6,672, while highlighting growing AI-powered products and early monetization opportunities.
DSC Holdings (NASDAQ: DSC) announced it will release unaudited financial results for the quarter ended June 30, 2026, before the U.S. market opens on Wednesday, August 26, 2026. Management will host two live video webcasts to discuss results and recent business developments, one in Chinese and one in English, covering the same presentation.
The Chinese session is scheduled for 5:00 A.M. Eastern Time (5:00 P.M. Beijing/Hong Kong) and the English session for 8:00 A.M. Eastern Time (8:00 P.M. Beijing/Hong Kong), both on August 26, 2026, via Zoom registration links. According to DSC, the earnings release, materials, and live and archived webcasts will be available on its investor relations website.
Deutsche Bank (DB) has been appointed depositary bank for the NASDAQ-listed Level III American Depositary Receipt (ADR) program of DSC Holdings (NASDAQ: DSC), a Cayman holding company with operations in mainland China.
The ADR, effective June 26, 2026, trades under symbol DSC at a ratio of 1 ADS : 20 Class A ordinary shares, is DTC-eligible, and uses Deutsche Bank AG, Hong Kong Branch, as custodian.
DSC Holdings (NASDAQ: DSC) priced its initial public offering of 3,000,000 ADSs at US$17 per ADS, for gross proceeds of about US$51 million, excluding any over-allotment. Each ADS equals 20 Class A shares. Trading on the Nasdaq Global Market is expected to begin June 25, 2026, with closing targeted for June 26, 2026, subject to customary conditions. Underwriters have a 30-day option to buy up to 450,000 additional ADSs at the IPO price.