TSL saw a significant increase in revenue of 83.2%, with a new strategic shareholder investing 650 million before going public, accelerating the Hong Kong IPO process.

TESLINK updates its prospectus, with revenue in 2024 increasing by 83.2% year-on-year to reach 1.843 billion yuan, with a three-year CAGR of 58.0%. The revenue from AI industry digitalization reached 1.64 billion yuan, an increase of 162.9% year-on-year. The company has a backlog of 2.3 billion yuan in orders and a total of 342 customers. The accounts receivable turnover days have been significantly reduced to 104 days, with a decrease in the three expenses rate to 45%. Meanwhile, in 2025, TESLINK received 655 million yuan from a D++ round of investment, with new investors including state-owned capital and industry funds.