亚信科技

AsiaInfo (01675.HK) announced on 13, May that the company will be included in the MSCI China All Shares Small Cap Index and it will take effect after the market closes on May 27, 2021.

The MSCI (Morgan Stanley Capital International) index is one of the benchmark indexes that are often used by global investors as their stock picking criteria. As one of the MSCI indexes, the MSCI China All Share Small Cap Index aims to measure the performance of small cap stocks in the Chinese market, covering companies with good business performance and great potential, which is helpful.

Industry insiders believe that the inclusion to the MSCI index indicates that AsiaInfo’s performance and value have been recognized by the capital market. It is expected that the company’s shareholder base will be further expanded, which will enhance the liquidity of share transactions, further raise the company’s reputation, realize the company’s investment value, and promote the business development and cooperation of the company.

AsiaInfo is a leading software product, solution and service provider and a leading provider of integrated cloud and network management services. It is committed to becoming an enabler for the digital transformation of large enterprises in the era of 5G. Since its listing on the Hong Kong stocks at the end of 2018, AsiaInfo has achieved excellent business performance and received extensive attention from the market.

In recent years, AsiaInfo has unswervingly advanced its development strategy of “One Consolidation and Three Developments”, aiming to carry out “One Consolidation” with high quality, and promote “Three Developments” at a high speed. In terms of the “Three New” businesses, large-scale expansion has been accelerated. In this way, equal importance is attached to DSaaS (digital operations) business scale and model innovation, cloud migration of vertical industry enterprises focuses on industry and high-quality development of cloud business, and the stock and increment of OSS business goes hand in hand to increase market share.

In FY2020, AsiaInfo’s operating income reached about RMB 6.02 billion, with a year-on-year increase of 5.2%, of which the revenue of “Three New” businesses reached about RMB 780 million, with a year-on-year increase of 106.5%, accounting for about 13.0% of total revenue (reaching double digit for the first time); profit for the year was about RMB 662 million, with a year-on-year increase of 62.0%; adjusted net profit was about RMB 737 million, and adjusted net profit margin reached 12.2%, with a year-on-year increase of 0.4 percentage points, reaching a new high in profitability.

In the future, AsiaInfo will speed up to keep up with the construction of “new infrastructure”, “information technology application innovation”, and “new smart cities” of China, and contribute its strength to the construction of “Digital China” and “digital economy”.