AsiaInfo Security Records a Staggering RMB 3.6 Billion in Revenue for 2024, as Tian Suning Maintains Controlling Stake of Over 50%
2025-04-29 / Read about 0 minute
Author:小编   

AsiaInfo Security has witnessed remarkable growth in 2024, with revenues soaring to RMB 3.595 billion, marking a substantial year-on-year increase of 123.56%. This robust performance has culminated in a net profit of RMB 9.59 million, successfully reversing previous losses. The company's comprehensive gross margin has also seen an improvement, reaching 51.61%, primarily fueled by the enhanced revenue from standardized products within its network security business segment. Furthermore, AsiaInfo Security has solidified its digital intelligence offerings through a strategic asset restructuring with AsiaInfo Technologies. During the fourth quarter, the company exhibited exceptional strength, generating revenues of RMB 2.487 billion and a net profit of RMB 218 million. To maximize the efficiency of its funds, the company plans to allocate idle funds, not exceeding RMB 3.5 billion, towards cash management initiatives. Currently, Tian Suning, the de facto controller, holds a significant 52.68% stake in the company, which boasts a market valuation of RMB 9.156 billion.