Token Cat Ltd (TC) Form 6-K — Oct 15, 2026

Key figures

Eps

-0.002 RMB basic and diluted (continuing operations, six months ended June 30, 2026)

Revenue

RMB19.4 million (six months ended June 30, 2026; nil in prior-year period)

Net Income

Net loss of RMB190.9 million (US$28.1 million) for the six months ended June 30, 2026

Total Debt

Payable third-party loans of RMB30.0 million (RMB5.9 million current, RMB24.0 million non-current)

Total Assets

RMB299.3 million (US$44.1 million) as of June 30, 2026

Cash Position

RMB19.9 million (US$2.9 million) as of June 30, 2026

Gross profit

RMB1.2 million (6.4% gross margin)

Impairment charge

RMB165.3 million on supplier prepayments (Hangzhou Guihang RMB136.7M, Beijing Fanyi RMB28.6M)

Shares outstanding

104,636,988,040 Class A shares as of June 30, 2026

Accumulated deficit

RMB1,609.7 million (US$237.2 million)

Mft tokens received

3,382,508 MFT tokens at implied ~$35.35/token; market value ~$63,475,130 as of Oct 14, 2026 (~$18.77/token)

Share sale consideration

US$119,590,000 for 96,000,000,001 Class A shares at US$0.0012457/share

Top5 customer concentration

61.94% of revenue

Stock subscription receivable

RMB825,542 thousand contra-equity