Core Insights - BaishanCloud is the second largest independent edge cloud service provider in China based on projected total revenue for 2024 and is among the top ten edge cloud service providers in the country [1] Financial Performance - Revenue figures for BaishanCloud are as follows: RMB 2.1325 billion in 2022, RMB 2.3905 billion in 2023, RMB 2.2179 billion in 2024, and RMB 0.9639 billion for the six months ending June 30, 2025 [1] - The compound annual growth rate (CAGR) of overseas business revenue from 2022 to 2024 is approximately 29.2% [1] International Expansion - BaishanCloud has established a presence in over 60 rapidly growing markets, including Southeast Asia, the Middle East, Central Asia, North Africa, and Latin America [1] - The company has deployed over 1,500 edge nodes across more than 290 cities globally as of June 30, 2025 [1] Product Development - In response to the surge in AI demand, BaishanCloud has developed a smart computing product line [2] - Revenue from security and smart computing services has increased significantly, accounting for 7.4%, 17.3%, 23.3%, and 31.9% of total revenue in the respective years [2] - High-value security and smart computing services are expected to continue being a significant part of the company's revenue in the future [2]
白山云更新港交所上市申请，海外及AI业务增长亮眼
Ge Long Hui·2025-10-15 14:15