HAOHAN DATA(SH:688292) Zheng Quan Zhi Xing·2025-08-26 10:15Core Viewpoint - Beijing Haohan Data Technology Co., Ltd. reported a significant decline in revenue and profit for the first half of 2025, indicating challenges in the software and information technology service industry despite overall industry growth [3][4][7]. Company Overview and Financial Indicators - The company’s revenue for the first half of 2025 was approximately 153.71 million yuan, a decrease of 34.95% compared to the same period in the previous year [3]. - The total profit for the period was a loss of approximately 6.47 million yuan, a decline of 118.38% year-on-year [3]. - The net profit attributable to shareholders was approximately 2.53 million yuan, down 92.58% from the previous year [3]. - The company’s total assets increased by 34.55% to approximately 1.63 billion yuan compared to the end of the previous year [3]. Industry Development - The software and information technology service industry in China is experiencing steady growth, with software business revenue reaching 705.85 billion yuan in the first half of 2025, a year-on-year increase of 11.9% [7]. - The industry is characterized by rapid technological updates, high product added value, and a wide range of applications, making it a foundational and strategic sector for national development [7][8]. - The industry faces high entry barriers due to the need for specialized technical personnel and continuous innovation [8][9]. Market Opportunities - The network visualization market is expected to grow significantly, driven by the rapid development of the internet and the implementation of the "Broadband China" strategy [11][12]. - The demand for network visualization is increasing due to the explosion of data traffic and the need for enhanced network management and optimization [15][16]. - The integration of 5G technology and advancements in artificial intelligence are expected to further propel the growth of the network visualization industry [14][15]. Information Security Market - The information security industry in China is rapidly growing, with a projected market size approaching 400 billion yuan by 2026, driven by increasing digitalization and regulatory support [17][18]. - The market is expected to see significant growth in cloud security and IoT security, as these areas become critical due to rising security threats [18][20]. - The introduction of artificial intelligence in information security is enhancing threat detection and response capabilities, although it also presents new challenges [20][21].