ASIAINFO TECH (01675) is a leading full-stack digital intelligence solutions provider in China with deep expertise in critical information infrastructure. The company continues to strengthen its AI capabilities to address fluctuations in its BSS business and expand its OSS market share. It is also focusing on three key growth drivers: AI model applications and delivery, 5G private networks and applications, and digital intelligence operations, positioning itself for promising future prospects.

CMSC forecasts the company's net profit attributable to shareholders for 2025-2027 to be RMB 428 million, RMB 648 million, and RMB 716 million, respectively, with corresponding P/E ratios of 17.3x, 11.4x, and 10.3x. The firm maintains a "Strong Buy" rating on the stock.

On October 28, ASIAINFO TECH released its unaudited key financial and operational data for the nine months ended September 30, 2025. The company reported revenue of RMB 3.968 billion for the first three quarters of 2025. As of September 30, total assets stood at approximately RMB 9.219 billion, with net assets of around RMB 6.14 billion. The company expects its Q4 2025 performance to significantly surpass Q3, with full-year results remaining stable year-on-year after excluding one-time compensation costs related to workforce optimization.

Notably, ASIAINFO TECH has aggressively expanded its AI model applications and delivery business, achieving explosive growth. Revenue in this segment exceeded RMB 75 million in the first nine months, surging 26-fold year-on-year and nearly tripling compared to the first half of the year. Order intake surpassed RMB 150 million, with a robust pipeline of opportunities, establishing this segment as a new growth engine.

Recently, ASIAINFO TECH signed a cooperation agreement with Alibaba Cloud during the "2025 Alibaba Cloud Summit," officially becoming an Alibaba Cloud "Capability Center." The two parties will collaborate on joint product development, services, and market expansion in areas such as the Tongyi Qianwen AI model, AI all-in-one machines, and AI model security, aiming to build a sustainable AI model delivery system and accelerate the adoption of "AI+" across industries.