亚信科技

On March 12, AsiaInfo Technologies Limited announced its financial results for the full year ended December 31, 2024. The operating revenue was RMB 6.646 billion, with the revenue from "Three New Services" contributing approximately RMB 2.599 billion, accounting for 39.1% of total revenue - an increase of 2.4% compared with the previous year. The net profit reached approximately RMB 516 million, with a better performance than that of the previous year The net profit margin increased to 7.8% (by 1.3%), maintaining a robust and healthy profitability.

At the earnings conference call, AsiaInfo Technologies' executives—including Gao Nianshu (Executive Director and CEO), Huang Ying (Senior Vice President and CFO), Li Yunchuan (Vice President and General Manager of i Digital), Chen Haixia (Vice President and General Manager of the Energy Business Division), Fu Wei (Vice President and General Manager of the Cloud Business Division), and Zhang Wei (Assistant to the President)—provided insights into the financial report.

Stabilization and Recovery of Revenue from Digital Intelligence Operations

Gao Nianshu, CEO of AsiaInfo Technologies, told media outlets including NetEase Tech that the decline in the Company's 2024 operating revenue was attributable to both macroeconomic conditions and significant cost-cutting initiatives by operators in 2024. Notably, the digital intelligence operations achieved a 0.4% year-on-year revenue growth, with absolute revenue reaching RMB 1.106 billion.

The financial report showed that, revenues from digital intelligence operations got stabilized and recovered in 2024, reaching approximately RMB 1.106 billion, with a 0.4% year-on-year increase, accounting for 16.6% of total revenue. Revenues from the pay-for-results and revenue-sharing mode comprised 25.4% of digital intelligence operation revenues. It is reported that, AsiaInfo Technologies will accelerate the scale development of the pay-for-results mode, striving to become an industry leader in this payment approach.

It is stated that, AsiaInfo Technologies continued to deepen its presence in industries such as communication, automotive, consumer goods and finance in 2024. As a core Independent Software Vendor (ISV), the Company forged a deep collaboration with Volcano Engine and built a full-lifecycle private domain operation platform based on Enterprise WeChat, creating an integrated online-to-offline operation system. Additionally, through mode innovation and its "AI + Big Data" advantages, the Company achieved significant growth in the industries such as automotive, consumer goods and finance.

In terms of traditional services, Gao Nianshu, CEO of AsiaInfo Technologies, stated that the Company will intensify cost reduction and efficiency improvement efforts in 2025 to guarantee profitability. Meanwhile, AsiaInfo Technologies is strategically positioning its three emerging business vectors — Large Model Application Delivery, Private 5G Networks and Digital Intelligence Operations — as the Company's growth engines.

Aiming to be a Leader in the Delivery of Large Model Application

The financial report discloses that AsiaInfo Technologies has strategically developed a large model delivery toolkit maintaining core competitiveness through the implementation of over 200 projects to date. The Company aims to be a leader in the delivery of large model application, with non-operator industries positioned as its priority.

Gao Nianshu stated that the Company has created over 30 large model delivery cases in non-operator industries in 2024. "Through in-depth collaboration with Alibaba Cloud, a Large Model Innovation Center has been established, making AsiaInfo Technologies the first strategic partner of Alibaba in large model delivery for government and enterprise sectors. The Company has also created numerous benchmark cases, primarily serving Chinese central State-owned enterprises and state-owned enterprises in sectors such as energy, petroleum and petrochemicals, while also establishing certain benchmark systems for other leading enterprises."

AsiaInfo Technologies aims to be a leader in the delivery of large mode application. Through strategic partnerships with leading cloud service providers and large model developers such as Alibaba Cloud, Volcano Engine, Baidu AI Cloud and DeepSeek, the Company has established an end-to-end industry-specific large model solution system spanning verticals including government & enterprise, energy, finance, transportation, etc.

Three Business Growth Points for its Strategic Layout in 2025

In addition to the large model delivery, AsiaInfo Technologies also discussed its overall planning for 2025 in its financial report.

Tian Suning, Chairman of AsiaInfo Technologies, stated: "Looking ahead to 2025, the Company will consolidate the foundation of our core communication service to ensure the stability of our bedrock on one hand; on the other hand, while continuing to advance the development of the "Three New Services", we will focus on cultivating three key growth points as AI large model delivery service, private 5G network and application, and digital intelligent operation, thereby driving the Company towards higher-quality development."

Specifically, in terms of traditional services, AsiaInfo Technologies will achieve refined operation through optimized operating mode, innovative management approach and workforce streamlining for efficiency gains, thereby significantly enhancing cost efficiency and ensuring sustained profitability of traditional service.

In terms of AI large model delivery service, AsiaInfo Technologies will deepen strategic collaboration with leading large model developers such as Alibaba Cloud, Baidu AI Cloud, and Volcano Engine. Through resource integration and complementary strengths, we will synergistically explore the large model application market, and strive to become a top-level enterprise in the industry.

In terms of private 5G network and application service, AsiaInfo Technologies will deepen "5G+AI" technological integration, consolidate market leadership in dominant industries such as nuclear power, new energy and mining, and continuously expand the market share in private 5G network solutions.

In terms of digital intelligent operation service, AsiaInfo Technologies will concentrate on key industries such as communications, automotive, consumer goods and finance, continuously enhance capabilities in data governance, model algorithm and scenario application, and deepen collaborative innovation with strategic partners such as Volcano Engine, Lingyang and Tencent in AI and big data. By fully leveraging the technological advantage of "AI + Big Data", the Company aims to accelerate the scale development of outcome-based payment mode and strives to become the industry leader in outcome-based payment solutions.