In 2025, iSoftStone achieved a transformative leap in business development, with operating revenue reaching RMB 35.09 billion, a year-on-year increase of 12.05%, and net profit attributable to the parent company hitting RMB 206 million, up 14.27% year-on-year. The company maintained a stable financial structure, with an asset-liability ratio of 61.03%. Meanwhile, the company’s software-hardware integration strategy was deeply implemented: the software and digital technology services business generated revenue of RMB 18.961 billion, accounting for 54.02% of total revenue, up 4.64% year-on-year; the computing products and intelligent electronics business achieved revenue of RMB 15.809 billion, accounting for 45.05%, up 22.36% year-on-year; and the digital energy and intelligent computing services business posted revenue of RMB 301 million, accounting for 0.86%, up 16.16% year-on-year. Notably, the company’s full-stack intelligent strategy yielded remarkable results, achieving a breakthrough in business scale. In 2025, AI-related business generated revenue of RMB 18.466 billion, accounting for 52.6% of total revenue. During the same period, iSoftStone released its first-quarter 2026 report, with operating revenue of RMB 8.117 billion yuan, up 15.79% year-on-year, of which AI-related business revenue was RMB 4.514 billion yuan, up 39% year-on-year.
During the reporting period, iSoftStone’s core competitiveness and brand influence continued to improve. It was ranked 429th on the 2025 Fortune China 500 list and was included in the CSI 300 core index. The company also retained the top spot among IT consulting firms, was positioned in the “Leaders” quadrant in the IDC MarketScape: China AI Consulting Services Market, 2025, and its subsidiary iSoftStone Computers ranked third in PC shipments to the government and education sectors in 2025. Additionally, its sub-brands, including iSoftStone Huafang, Mechrevo, and iSoftStone Consulting, received widespread industry recognition.
Full-Stack Intelligence • Token Empowerment
In 2025, iSoftStone fully implemented its “Software-Hardware Integration, Full-Stack Intelligence” strategy, with AI infrastructure, computing intelligence, scenario intelligence, and terminal intelligence as the four core pillars. It integrated cutting-edge capabilities in digital AI, physical AI, and scientific AI to create a one-stop “Enterprise AI Factory,” pioneering a new operational model of “Computing Infrastructure + Ruidong Tokens + OpenClaw.” This achieved significant results in multi-industry “AI + Scenario” validation.
In the AI infrastructure domain, the company built an “Green Energy + Computing Infrastructure + Tokens” AI computing service system, aiming to become an integrated AI computing service provider. The 1300P heterogeneous computing pool at the Pingtan Cross-Strait Integrated Computing Center is fully operational; it undertook the construction of the Guangdong-Hong Kong-Macao Greater Bay Area Public Computing Service Platform and established a joint venture with Zhangjiakou Digital Group to deepen operations in the Beijing-area computing cluster, setting a benchmark for the national integrated computing network. Computing clusters were completed and put into use in Beijing, Shanghai, Shaoguan, Pingtan, and other locations. At the same time, the company planned and built larger-scale computing clusters around customer application hubs to ensure stable computing supply.
In the computing intelligence domain, the company strengthened its autonomous and controllable digital foundation. Its subsidiary, iSoftStone Computers, is a dual-preferred partner for Kunpeng and Ascend, winning the “Outstanding Contribution Award for Computing Components (APN & KPN Dual Diamond),” “Best Product Award for Ascend APN,” and “Best Product Award for Kunpeng KPN” from a major ICT leader, placing it in the first tier of the domestic AI computing hardware market. The company launched the industry’s first end-side AI inference four-card liquid-cooled workstation—the Huafang Supernova 3700; the Huafang Superstrong A860 A5 is a 6U dual-slot intelligent computing server equipped with the new Kunpeng 920 processor, supporting up to 10 Ascend Atlas accelerator cards. It won bids for China Unicom’s server procurement worth RMB 827 million, China Postal Savings Bank’s server procurement project worth nearly RMB 700 million, China Mobile’s AI general-purpose computing equipment (inference type) procurement worth RMB 427 million, and a supernode server project in Beijing worth RMB 288 million.
In the scenario intelligence domain, the company focused on industry-specific AI native capabilities, achieving tokenized service delivery and commercial implementation. It built a complete closed loop of “Consulting defines high-value scenarios + Industry knowledge + FDE agile delivery and implementation,” creating benchmark projects across numerous industries, including manufacturing, agriculture, energy, aviation, finance, and steel. During the reporting period, the company developed and upgraded its AI product matrix, launching the Ruidong Intelligent Agent Cloud Platform, which features the core engine Token Hub for enterprise-level token aggregation and governance. It upgraded its AI engineering capability to a “1+5+N” system (centered on the iSoftStone Tianxuan MaaS platform, integrating five engineering capabilities: intelligent agents, data, knowledge bases, software, and security) and released the AI-native digital pipeline ASDM platform in the AI4SE domain. The company achieved significant results in AI scenario intelligence: the Ruidong AI OpenClaw was implemented at Easyhome; the Ruidong Claw Intelligent Agent Cloud Platform was listed among the “Top 50 Leading Service Providers in China’s Lobster Industry 2026”; it created “AI + Industry” solutions for Golden Power Technology and Shuangbaotai Group; completed the PetroChina Kunlun large model development project; signed contracts worth nearly RMB 100 million with a leading Southeast Asian bank and multiple large domestic banks and insurance companies via the ASDM platform; its intelligent cockpit solutions were mass-produced in multiple vehicle models, including FAW Audi and Seres; in the digital space domain, it empowered the intelligent upgrade of a large industrial park in Zhongguancun, Beijing, through the Tianhui Smart Park Operations Management Platform; and at Sinopec’s LNG stations, deep integration of digital twin simulation and AI achieved “reduced patrols and unattended operations.”
In the terminal intelligence domain, the company focused on four directions—AI PCs, OpenHarmony terminals, embodied intelligent robots, and AIoT—supported by “OpenHarmony + End-side Models + Intelligent Agents,” to develop physical AI. Its subsidiary, ZT International, completed an AI ecosystem upgrade across its full product range, creating an AI PC product matrix covering e-sports, thin-and-light, and desktop categories. Mechrevo maintained its top-three position in the domestic gaming laptop market for three consecutive years and won a bid for 100,000 laptops under Pakistan’s Prime Minister Youth Program. The company is one of the few domestic enterprises with full-stack R&D and large-scale delivery capabilities for OpenHarmony terminal intelligence, implementing the Xiong’an “City Security Hong” demonstration park and over 30 mine-Hong benchmark projects, and winning the bid for the first operating system pilot base for national AI applications. iSoftStone Tianqing won the bid for the Shangrao Embodied Intelligence Data Industry Innovation Center, with an expected annual production capacity of 3 million embodied intelligence data collection sets in the first year. iSoftStone Tianshu created a benchmark project for measurement and layout robots, achieving a transition from lab to mass production with Beijing Liujian Group.
Core Business Excellence • Tangible Results
Driven by AI innovation, iSoftStone deepened its domestic substitution layout and ecosystem cooperation, integrated upstream and downstream resources in the industrial chain, and promoted the deep integration of technology, products, and scenarios. The company’s core business segments worked in synergy, achieving simultaneous growth in scale and efficiency, truly empowering domestic substitution development with AI.
- Software and Digital Technology Services: Industry leadership further consolidated, with AI empowering all businesses
In software and digital technology services, the company retained the top spot in CCID’s China IT services market and domestic IT consulting rankings. To drive AI-powered transformation, the company newly established the “iSoftStone Digital Intelligence Group,” positioned as a strategic partner for digital and intelligent transformation in key industries and for key clients. With industry-specific AI native capabilities at its core, it built an “AI Factory + FDE” model, deeply cultivating resources in finance, internet, telecommunications, intelligent manufacturing, smartphones, intelligent vehicles, and new retail to create full-stack AI service capabilities. During the reporting period, the company collaborated with automakers and Tier 1 suppliers to achieve batch implementation of multiple projects; jointly promoted integrated applications with Migu New Space, integrating into Xiaomi’s human-vehicle-home ecosystem; completed the deployment and delivery of projects for CRRC Group and China Logistics Group; won bids for core systems of multiple automakers, treasury projects for Guangxi Tourism, Atess, and others, as well as projects for China Datang Corporation and Anhui Transportation Holding Group.
At the same time, the company continued to deepen its domestic substitution layout and ecosystem cooperation. As a core supplier and key partner of a major ICT leader, it focused on key areas such as Ascend, Kunpeng, HarmonyOS, ICT infrastructure, terminals, intelligent vehicles, cloud computing, enterprise core business management systems, and industry verticals. By fully leveraging its capabilities, it achieved a dual improvement in cooperation scale and quality, maintaining a leading customer share. The company ranked first in all tracks and Core performance growth among Huawei Cloud’s core partners, ranked second among Huawei Cloud’s total distributors, and delivered the first cloud operations platform project in North Africa. In the HarmonyOS ecosystem, it created multi-industry HarmonyOS application showcases. Additionally, the company is a multi-product diamond distributor for a major ICT leader and a core ecosystem partner for its intelligent manufacturing system department and large enterprise system department, jointly releasing several benchmark solutions, including AI applications for the steel industry and intelligent mine 3D geological analysis. It successfully customized digital transformation solutions for a leading steel company in an overseas country, helping over 100 enterprises achieve digital upgrades.
- Computing Products and Intelligent Electronics: Dual domestic and international computing ecosystems, robust business growth
With its Beijing Tongzhou and Jiangsu intelligent manufacturing bases as core hubs, iSoftStone built a highly automated, digitalized, and intelligent advanced manufacturing system, efficiently adapting to multi-variety, customized needs and large-scale order delivery. In 2025, the first Beijing-branded, Beijing-manufactured server product from iSoftStone Huafang officially rolled off the production line, and multiple domestically produced terminal products were gradually launched on the market.
The computing products and intelligent electronics business became a key growth engine for the company, achieving a significant revenue leap during the reporting period. Its subsidiary, iSoftStone Computers, remained firmly in the first tier of the industry, deploying products such as supernode servers, liquid-cooled servers, AI servers, and liquid-cooled workstations around the Ascend and Kunpeng product lines. These products widely covered key domestic substitution industries, including government, education, finance, and telecommunications, with an overall leading market share. The PC terminal business built three major product systems: Xinchuang terminals, general-purpose terminals, and innovative terminals. Together with enterprise-level products, it won numerous major projects, including those from the State Administration of Taxation, the People’s Bank of China, central government agencies, China Mobile, China Energy Engineering Corporation, and PetroChina.
Its subsidiary, ZT International, achieved record-breaking operational results, with a dual leap in brand competitiveness and market position. ZT International operates under a dual-track OEM and ODM model, with two major brands: “Mechrevo” for the consumer market and “Hengyue” for the commercial market. It is a global core partner of NVIDIA, the second-largest OEM in Greater China for AMD and its 2025 Best Strategic Partner, and an Intel 2025 Titanium-level partner. Mechrevo has consistently ranked in the top three on major e-commerce platforms for three consecutive years, with its market share steadily increasing. It has been defined by the industry as one of the three major e-sports laptop brands.
- Digital Energy and Intelligent Computing Services: Computing-power synergy, supporting industrial intelligent upgrades with efficient, green computing power
Digital energy and intelligent computing services represent the company’s important strategic layout in the AI infrastructure domain, achieving rapid development during the reporting period. The company focuses on the core track of intelligent computing operations and is among the first batch of domestic integrated operation service providers with a “Scheduling Platform + Infrastructure + Ecosystem” model. Supported by the three major hubs of the Guangdong-Hong Kong-Macao Greater Bay Area, the Beijing-Tianjin-Hebei region, and the Yangtze River Delta, the company efficiently meets the continuously high growth in Token call volume through a diversified layout of self-owned computing power and cooperative computing power in key regions. In the digital energy business, it continued to deeply cultivate the digital distribution grid and smart microgrid tracks, achieving significant results in energy operations. It completed the delivery and acceptance of a substation energy storage project with State Grid Liaoning Comprehensive Energy Company. The Liaoning virtual power plant business continued to expand its aggregation volume and completed model validation. Through the implementation of projects such as a top-tier hospital in Jinzhou and a citizen center in Shenyang, it simultaneously conducted various businesses based on digitalization and AI capabilities, including energy saving and cost reduction, electricity trading, intelligent operation and maintenance, and energy operations, serving various customers in the new electricity market.
Accelerated Overseas Expansion • Scale Growth
The company launched its “Overseas Expansion 2.0” strategy, clearly laying out four core regions: North America, Japan and South Korea, Asia-Pacific, and the Middle East. It built a synergistic development pattern for digital technology and hardware businesses. In 2025, international business achieved scale growth, with a significant increase in revenue share. In 2025, the company achieved “stable landing” in emerging markets: its hardware business built a global supply chain system based in the Greater Bay Area; its subsidiary Mechrevo completed signing and delivery of hardware projects in countries such as Pakistan, Saudi Arabia, and Mozambique; it won a bid for an AI scrap steel detection project in the Philippines; it was shortlisted as a supplier for a Southeast Asian local bank and secured a financial AI project; in the global ecosystem domain, it became a Microsoft Azure Digital & Application Innovation Solutions Partner; and as an SAP Gold Partner, it empowered local customer digital transformation in the European market.
During the same period, iSoftStone released its “2025 Environmental, Social, and Governance (ESG) Report.” Looking ahead, as an AI-driven company, iSoftStone will fully implement its full-stack intelligent strategy. With AI infrastructure, computing intelligence, scenario intelligence, and terminal intelligence as its core, it will build a one-stop “Enterprise AI Factory.” Using Tokens as the value link, it will empower intelligent implementation across thousands of industries, continuously expand its global market, achieve simultaneous leaps in scale and efficiency, and repay the trust of all parties with outstanding value.