ASIAINFO TECH (01675) achieved a revenue of approximately RMB 3.968 billion in the first three quarters, continuously increasing its efforts in expanding its business in AI large model applications and delivery.

ASIAINFO TECH (01675) announces that as of September 30, 2025, for the nine months ending on that date, the Group's revenue was approximately RMB 3.968 billion, with a net loss of approximately RMB 177 million. After excluding the one-time compensation for personnel optimization, the net loss was approximately RMB 10 million. As of September 30, 2025, the total assets of the Group were approximately RMB 9.219 billion, and net assets were approximately RMB 6.14 billion. The Group's cumulative revenue for the first three quarters of 2025 has seen a significant improvement in the decline compared to the first half of the year, with the net loss narrowing significantly. After excluding the one-time compensation for personnel optimization, the Group has achieved a basic balance of profit and loss. It is expected that the performance in the fourth quarter of 2025 will be significantly better than the third quarter, and the full-year performance, excluding the one-time compensation for personnel optimization, will remain stable compared to the previous year. The main factors include: (1) the company's continued focus on AI large model applications and delivery, 5G private network and applications, and digital intelligence operations as three major growth engines, accelerating the pace of signing contracts; (2) the Group's customers are mainly in the field of central enterprises, and these customers usually operate centralized procurement and budget management systems, with significant seasonal purchasing activities, leading to seasonal characteristics in the Group's operating performance, usually focusing on the second half of the year, especially the fourth quarter; and (3) the Group has effectively controlled costs through a mature cost control mechanism and personnel structure optimization, with the optimization of personnel structure resulting in one-time compensation costs. In addition, the company has continued to expand its efforts in AI large model applications and delivery business in the first three quarters of 2025, establishing a sustainable operation model for large model delivery systems and promoting the implementation of "artificial intelligence+" across various industries. The company achieved revenue of over RMB 75 million in the first three quarters, a 26-fold increase year-on-year and nearly triple growth compared to the first half of the year. Explosive growth was achieved, with orders exceeding RMB 150 million and sufficient business opportunities. In terms of partnerships, the Group has deepened its cooperation with companies such as Alibaba Cloud, NVIDIA, Baidu Cloud, and Asiainfo Security Technologies, especially becoming the capability center for Alibaba Cloud. Both parties have strengthened their joint product development, service cooperation, and market development in various directions such as Tongyi Qianwen large models, artificial intelligence integrated machines, and AI large model security. In terms of industry applications, the Group has created benchmark cases in industries such as energy and electricity, transportation, industrial manufacturing, and smart retail, with over 200 projects and serving many leading customers. In the future, the Group will continue to adhere to a development strategy that seeks progress while maintaining stability. On one hand, the Group will solidify its foundation in the communications industry to ensure the stability of ICT support business; on the other hand, it will accelerate the development of AI large model applications and delivery, 5G private network and applications, and digital intelligence operations as three major growth engines, in order to drive the Group towards higher quality development.