海致科技二次递表港交所，业绩持续亏损
Zhong Guo Zheng Quan Bao·2025-12-29 14:42

Core Viewpoint - Haizhi Technology Group Co., Ltd. has submitted its listing application to the Hong Kong Stock Exchange for the second time, following a previous application that expired in June 2025 due to the expiration of listing materials [1] Group 1: Financial Performance - The company reported net losses of 176 million yuan, 266 million yuan, 93.73 million yuan, and 128 million yuan for the years 2022, 2023, 2024, and the first half of 2025, respectively [1][3] - Revenue figures for the same periods were 313 million yuan, 376 million yuan, 503 million yuan, and 173 million yuan, indicating a continuous trend of financial losses [3] Group 2: Business Focus and Solutions - The company specializes in developing Atlas graph solutions and industrial-grade AI solutions through graph-model fusion technology, with Atlas graph solutions being a core product [2] - The Atlas graph solution includes the DMC data intelligence platform, Atlas knowledge graph platform, and AtlasGraph database, enabling efficient data integration and complex relationship analysis [2] - The Atlas intelligent agent, developed using the company's technology, empowers enterprises with intelligent automation and natural language interaction capabilities [2] Group 3: Market Position - According to Frost & Sullivan, the company ranks fifth among industrial-grade AI providers in China by revenue in 2024, holding a market share of 2.8%, and ranks first among AI providers focused on graph technology with a market share of approximately 50% [2] Group 4: Client and Supplier Dynamics - The company’s clients primarily include financial institutions, telecom operators, energy groups, and public service providers, with revenue from the top five clients being 114 million yuan, 122 million yuan, 149 million yuan, and 71 million yuan for the respective years [4] - The procurement amounts from the top five suppliers were 33 million yuan, 32 million yuan, 25 million yuan, and 29 million yuan, representing significant portions of total procurement [4]