Core Viewpoint - AsiaInfo Technology faces challenges in the telecommunications industry, reporting a revenue decline and net loss in the first half of 2025, while shifting focus towards non-telecom sectors for future growth [2][3][4]. Financial Performance - In the first half of 2025, AsiaInfo Technology achieved revenue of 2.598 billion yuan, a year-on-year decrease of 13.2%, with a net loss of approximately 202 million yuan. Excluding one-time severance costs, the net loss narrowed to 48 million yuan compared to 70 million yuan in the same period last year [2][3]. - The ICT support business revenue was 2.118 billion yuan, down 14.7% year-on-year, while the smart operation business revenue was 408 million yuan, down 8.8%. The 5G private network and application business revenue was approximately 47 million yuan, down 26.3% [3]. - AI model application and delivery business revenue reached 26 million yuan, a year-on-year increase of 76 times, with order amounts around 70 million yuan, up 78 times [3]. Business Strategy - The company aims to balance its revenue sources, targeting a 50-50 split between telecom and non-telecom markets in the future, moving away from its previous reliance on the telecom sector [2][8]. - AsiaInfo Technology plans to enhance its order volume in AI model applications to between 200 million to 300 million yuan and maintain a target of over 400 million yuan for the 5G private network business [5][6]. Operational Adjustments - The company is undergoing personnel optimization, particularly in the traditional ICT business, to adapt to cost pressures from telecom operators. This includes hiring talent skilled in AI, 5G, and smart operations [3][4]. - Future optimization efforts will be less concentrated, focusing on structural replacements rather than large-scale layoffs [4][7]. Future Outlook - AsiaInfo Technology anticipates a steady performance for the remainder of the year, aiming to control the decline in the ICT sector to single digits [4]. - The company is focusing on high-value industries such as electricity and energy, which have a strong willingness to adopt new business models and the capacity to pay [7][8].
传统业务承压 AI业务成亮点 亚信科技CEO高念书：大模型和5G专网是未来收入支柱