Connect with us

Media OutReach

AsiaInfo Technologies announces 2024 Annual Results Achieves full year profit exceeding last year

Published

1 year ago

on

Recommends a final dividend of HK$0.252 per share and a special dividend of HK$0.16 per share

Results highlights: Ÿ

  • Leverage on the mature cost control mechanism and the well-controlled cost, gross profit margin remained stable. Profit for the year was approximately RMB516 million, achieving a full-year profit better than last year. Profit margin increased by 1.3 percentage points to 7.8%, maintaining good and healthy profitability.
  • Gross profit margin remained stable at 37.4%, reflecting the effectiveness of cost reduction, efficiency enhancement and cost control initiatives.
  • Revenue amounted to approximately RMB6,646 million. Revenue from the Three New business1 amounted to approximately RMB2,599 million, accounting for approximately 39.1% of its total revenue and representing a year-on-year increase of 2.4 percentage points.
  • Attached great importance to Shareholders’ interests and returns, and has recommended a final dividend of HK$0.252 per share, representing a final dividend payout ratio of 40% of profit for the year. Including the special dividend of HK$0.16 per share declared, the total dividend for 2024 will be HK$0.412 per share.

Future prospects:

  • In 2025, the Company will adhere to the development strategy of seeking progress while maintaining stability, consolidating the foundation of the main business of telecommunications to ensure the stability of the business fundamentals.
  • Building on the firm advancement of the Three New business and focusing on laying out the three major strategic growth points: AI large model delivery business, 5G private network and application, and digital intelligence operation, so as to promote the Company to achieve higher quality development.

HONG KONG SAR – Media OutReach Newswire – 11 March 2025 – AsiaInfo Technologies Limited (“AsiaInfo Technologies” or the “Company”, which together with its subsidiaries, is referred to as the “Group”; HKEX stock code: 01675), is pleased to announce its annual results for the year ended 31 December 2024.

In 2024, the Company continued to advance its strategic transformation, strengthen its ability to empower industries and digital transformation through the combination of technological innovations such as artificial intelligence and big data, and promote its business deployment in various application areas. However, due to the impact of corporate customers, especially operator customers, who continued to significantly reduce costs due to their own growth pressure, the revenue amounted to approximately RMB6,646 million, representing a year-on-year decrease of 15.8%. Among them, the revenue from the Three New business amounted to approximately RMB2,599 million, decreasing by 10.3% year-on-year, which accounted for 39.1% of total revenue representing a year-on-year increase of 2.4 percentage points.

To cope with the transformation of traditional businesses, the Company achieved remarkable cost control through various cost reductions and efficiency enhancement initiatives such as using AI tools to enhance delivery efficiency, strengthening centralised procurement and full coverage of one-stop official consumption platforms, etc., and the gross profit margin stood at 37.4%, remaining stable. Profit for the year was approximately RMB516 million, with the net profit margin increased to 7.8%, representing an increase of 1.3 percentage points as compared with last year, still maintaining a good profitability.

The Board has attached great importance to Shareholders’ interests and returns, and after giving due consideration to the Company’s business development, profitability, and cash flow level, and has recommended a final dividend of HK$0.252 per share, representing a final dividend payout ratio of 40% of profit for the year. Including the special dividend of HK$0.16 per share declared, the total dividend for 2024 will be HK$0.412 per share.

Digital Intelligence-driven Operation Business Stabilises and Rebounds

In 2024, the Company continued to deepen its focus on telecommunications, automobile, consumer and finance industries, and cooperated closely with Volcano Engine as a core ISV, and built a lifecycle private domain operation platform based on enterprise WeChat to create an integrated online and offline operation system. In addition, through model innovation and the establishment of advantages in “AI+Big Data”, the Company has achieved significant growth in the automobile, consumer, finance and other industries. Digital intelligence-driven operation business revenue stabilised and rebounded in 2024, achieving a revenue of approximately RMB1,106 million, representing an increase of 0.4% year-on-year, accounting for 16.6% of total revenue, and revenue from results-based and commission-based charging models accounted for 25.4% of the revenue of the digital intelligence-driven operation business. The Company will accelerate the scale development of the results-based charging business model, and strive to become a leading enterprise in the results-based charging model industry.

Vertical Industries Digital Business Prioritized Quality to Refocus on its Development Direction

In 2024, the Company continued to be empowered by 5G, big data, AI and other innovative technologies, focusing on key industries such as energy, transportation, government affairs, etc., to create industrialised products and solutions, and to grasp opportunities for the upgrading of the vertical industries digitalisation and intelligent transformation. In the vertical industries market, the Company focuses on two major fields, the development of 5G private network and application, and large model application and delivery. By the end of 2024, the Company’s 5G private network has cumulatively shipped 50 sets of core networks and more than 21,000 base stations. The Company will form differentiated competitive advantages by providing industry-specific 5G private network products and intelligent applications, striving to become a leading company in the field of 5G private networks and applications

The business expansion in vertical industries involves large-scale customer orders, which means that revenue is significantly impacted by individual orders, leading to considerable volatility. The Company also paid more attention to the balance control of the pace of development and quality. Leveraging its mature order quality accessment procedure, the Company precisely identified and proactively gave up high-risk and large-scale government and enterprise orders exceeding RMB1 billion. Meanwhile, this segment of business experienced a revenue decline from RMB965 million to RMB676 million in 2024 due to the construction cycle and adjustments of the 5G private network for nuclear power, accounting for 10.2% of the Company’ s total revenue.

Large Model Delivery Business Gains Momentum

AsiaInfo Technologies was the earliest to start and the fastest to implement the large model delivery business. It has established long-term cooperative relationships with leading domestic cloud computing and large model vendors, and has developed and accumulated a collection of delivery tools with core competitiveness in more than 200 projects. Additionally, it has a mature team and management experience that undergo extensive training in various delivery tasks each year, forming a special set of “planning methodology + a set of tools + a professional team” for the large model delivery system of AsiaInfo. Through a highly customised large model business, the Company addressed the complex application scenarios of large model for the leading representational clients in business, defining the business implementation logic and standards, and building a formidable business stronghold against our rivals in terms of industry and technology. Long-tail customers ensured a continuous project revenue and profit sources by means of software subscription and standard product sales. Through strategic cooperation with leading cloud vendors and large model vendors such as Alibaba Cloud, Volcano Engine, Baidu AI Cloud, DeepSeek, etc., the Company has constructed an endto-end industry large model solution covering vertical fields such as government and enterprise, energy, finance and transportation. The Company will firmly implement the development strategy to become a leading enterprise of large model delivery and make positive contributions to the development of large model application by leveraging its own advantages of technology accumulation and close cooperative relationships with major foundational large model manufacturers.

Decline in Traditional Business, Slight Decline in OSS Business

Before the arrival of 6G, the overall investment in the telecommunications industry continued to be in a cyclical downturn. The Company’s traditional BSS businesses faced the need for transformation and upgrading, to reduce costs and enhance efficiency to cope with the decline in traditional business revenue and to increase new revenue sources through technological innovation and customer expansion. In 2024, the revenue of BSS business amounted to approximately RMB3,948 million, representing a year-on-year decrease of 19.1%; while the revenue of OSS business was approximately RMB818 million, a slight year-on-year decrease of 1.8%.

In terms of business development, the Company introduced innovative technologies such as “AI+” and “Large Model+” into traditional businesses to overcome challenges. In 2024, the Company made significant breakthroughs in the field of AI empowerment, with the total number of AI large model related projects exceeding 100, and business coverage continued to expand. In terms of customer development, the Company successfully acquired an important project of HKT (Hong Kong Telecom), and undertook the project, a Southeast Asia-based operator, further expanding the overseas market. The Company had successfully breaking through the OSS market of China Unicom to achieve breakthroughs in multiple provinces, and achieving breakthroughs in the OSS market of China Mobile in multiple provinces, which fully demonstrated the Company’s competitive advantages in the field of OSS and its business expansion capabilities.

Future Prospects

Dr. TIAN Suning, Chairman and Executive Director of the Group, said, “Looking ahead to 2025, the Company will adhere to the development strategy of seeking progress while maintaining stability, on the one hand, consolidating the foundation of the main business of telecommunications to ensure the stability of business fundamentals; on the other hand, building on the firm advancement of the Three New business and focusing on laying out the three major strategic growth points: the AI large model delivery business, 5G private network and application, and digital intelligence-driven operation, so as to promote the Company to achieve higher quality development.”

In the field of traditional businesses, the Company will realise refined operations through optimising operation modes, innovative management modes and reducing headcounts to improve efficiency, significantly improve cost-effectiveness, and ensure traditional businesses profitability. Specifically, the Company will integrate AI and large model technology and comprehensively upgrade the intelligence level of business support systems, focusing on promoting customer joint innovation and R&D cooperation, centralising and intensifying the construction of support systems, the localised substitution of M domain, and market development of new customers, so as to effectively alleviate the downward pressure of BSS business; and focus on centralising and intensifying the operation of layout network, application of “AI/large model/intelligent body+” technology, integration of resources in OSS market segments, and expansion of the network equipment business, and further expand our market share by continuously improving our technological capability and market penetration rate.

In the AI large model delivery business, the Company will expand its strategic cooperation with Alibaba Cloud, Baidu AI Cloud, Volcano Engine and other leading basic large model vendors, through resource integration and complementary advantages, collaboratively develop the large model application market and be committed to the industry leading enterprises. The Company will focus on refining the large model delivery platform construction, optimising the chain of delivery tools, innovating the delivery methodology, continuing to consolidate the core competitive advantages in delivery scale, quality control and cost optimisation, etc., and building a differentiated competitiveness with a high technology threshold.

In the field of 5G private network and application, the Company will further develop the integration of “5G+AI” technology, consolidate its leading position in nuclear power, new energy, mining and other advantageous industries, and continue to expand the market share of 5G private network solutions. At the same time, the Company will actively expand emerging application scenarios such as power network, petroleum and petrochemical, airport, port, etc., and provide customised 5G private network products and industry solutions that create a differentiated competitive advantage and strive to become a leading enterprise in the 5G private network field. The Company will build a complete 5G private network industry ecosystem through technological innovation and scenarios engagement to achieve continuous expansion of market coverage.

In the field of digital intelligence-driven operation business, the Company will focus on key industries such as telecommunications, automobile, consumer, finance, etc., continue to strengthen data governance, model algorithms and scenario application capabilities, and develop the synergistic innovation with operators, Volcano Engine, Lingyang, Tencent, and other strategic partners in the field of AI and big data. The Company will fully leverage the technical advantages of “AI+Big Data”, accelerate the scale development of the results-based charging business model, and strive to become a leading enterprise in the results-based charging model industry.
Hashtag: #AsiaInfoTechnologies

The issuer is solely responsible for the content of this announcement.

Related Topics:

Media OutReach

SIM Global Education Students Connect with Industry Mentors Through Campus Life

Published

1 day ago

on

19/06/2026

By

SINGAPORE- Media OutReach Newswire – 19 June 2026 – For many students considering higher education, choosing an institution is not only about selecting a programme or qualification. Students are also looking for a learning environment where they belong, receive support, build confidence and connect with people who can help with understanding future career pathways.

At SIM Global Education (SIM GE), campus life is designed to complement academic learning by helping students develop networks, soft skills, career awareness and a stronger sense of community. SIM GE’s holistic learning approach and culturally diverse environment aim to equip students with an all-rounded global education, while student life, career development and networking activities help students build competencies needed to thrive in the real world.

This is increasingly important in higher education. UNESCO’s International Institute for Higher Education notes that student wellbeing is critical to academic success and personal development, and that inadequate support can affect learning outcomes, career readiness and students’ ability to contribute meaningfully to society.

Addressing student concerns beyond the classroom
Students exploring higher education often face several practical concerns. They may wonder whether they will make friends, whether they will be supported if they struggle, whether they will have opportunities to develop leadership skills, and whether they can access career guidance before entering the workforce.

SIM GE addresses these concerns through a campus ecosystem that combines student clubs, leadership development, peer support, wellbeing programmes and career services. Through Project 1095, SIM GE highlights that education extends beyond books, exams and qualifications, encompassing knowledge, skills and activities both inside and outside the classroom. This approach supports students who want a fuller higher education experience to grow personally, socially and professionally.

Building networks through clubs and co-curricular activities
Student clubs and co-curricular activities are among the first ways SIM GE students build connections on campus. SIM offers nearly 80 student clubs across areas such as arts and culture, international student clubs, student councils, special interest groups, sports and fitness. These activities allow students to broaden their interests, discover new talents and interact with peers beyond their academic programmes.

For students, these communities can make networking feel more natural. Instead of viewing networking only as a formal career activity, students can begin by working with peers on events, competitions, club projects and leadership initiatives. These experiences help students develop communication, teamwork, confidence and relationship-building skills that are valuable in both campus life and the workplace.

Developing leadership and workplace-ready skills
Leadership opportunities are another important part of the SIM GE student experience. Project 1095 states that SIM aims to prepare every student to be a leader, with opportunities ranging from leadership positions in clubs, to workshops that help students take charge of their learning journey.

These experiences are relevant to students who want to strengthen their employability before graduation. By organising activities, leading teams, managing projects and engaging with different student groups, students can develop confidence and practical skills that support their future careers. Such skills are increasingly valued by employers. The World Economic Forum’s Future of Jobs 2025 report identifies skills such as analytical thinking, resilience, flexibility, agility, leadership and social influence as important for the future workforce.

Connecting students with career guidance and industry networks
For students seeking more direct career support, SIM Career Connect helps students develop a competitive edge, build industry networks and professional connections, and align their career aspirations with real-world opportunities. This is a key part of helping students transition from academic learning to career readiness. Through career guidance, networking opportunities and employer engagement, students can better understand industry expectations and explore potential career pathways.

SIM’s Employer Engagement team also works with industry partners to connect employers with SIM GE students, supporting employers in finding the right fit from its pool of talent, and provides. For students, this access to industry networks can help reduce uncertainty about life after graduation. It also gives them opportunities to gain exposure to professional environments, employer expectations and potential career directions while still studying.

The role of mentoring in student career development
Mentoring and professional guidance are important because students often need perspective as much as information. Research on employability-oriented higher education programmes has highlighted that higher education has increasingly focused on developing students’ employability competences through mentoring programmes.

Within SIM GE’s broader campus life and career ecosystem, students can connect with peers, student leaders, career advisors, employers and industry opportunities. These touchpoints help students build confidence, ask the right questions, learn from others’ experiences and make more informed decisions about their future.

Helping students make a more confident higher education choice
As students consider their higher education options, many are looking for more than a classroom experience. They want to know whether they will be supported, whether they can build friendships, whether they will have access to career resources, and whether they can connect with people who can help them understand the world of work. At SIM Global Education, student life plays an important role in addressing these concerns. Through clubs, co-curricular activities, student leadership, peer support, wellbeing services, career guidance and employer engagement, SIM GE provides students with opportunities to build meaningful connections and develop future-ready skills.

For students choosing their next step in higher education, these experiences can make a significant difference. They help you move from uncertainty to confidence, from participation to leadership, and from academic learning to stronger career readiness.

Reference

  1. SIM Global Education – https://www.sim.edu.sg/degrees-diplomas/sim-global-education/university-partners-sim-ge/sim-ge
  2. New insights on countries’ objectives to support student well-being in higher education – https://www.iesalc.unesco.org/en/articles/new-insights-countries-objectives-support-student-well-being-higher-education
  3. Project1095 – https://project1095.simge.edu.sg/
  4. Future of Job Report – https://www.weforum.org/publications/the-future-of-jobs-report-2025/
  5. SIM Career Service – https://www.sim.edu.sg/degrees-diplomas/life-at-sim/career-services
  6. Measuring mentoring in employability-oriented higher education programs: scale development and validation – https://pmc.ncbi.nlm.nih.gov/articles/PMC10170025/
  7. Wellness and Counselling – https://www.sim.edu.sg/degrees-diplomas/life-at-sim/student-care

Hashtag: #SIMGlobalEducation #SIMGE #GlobalEducation #InternationalDegree #CareerReady #FutureSkills

The issuer is solely responsible for the content of this announcement.

About SIM Global Education

SIM Global Education (SIM GE) is a leading private education institution in Singapore and the region. We offer more than 140 academic programmes ranging from diplomas and graduate diploma programmes to bachelor’s and master’s degree programmes with some of the world’s most reputable universities from Australia, Canada, Europe, United Kingdom, and the United States. SIM GE’s cohort is made up of 17,000 full- and part-time students and adult learners, of which approximately 41% are international students hailing from over 50 countries.

SIM GE’s holistic learning approach and culturally diverse learning environment aim to equip students with knowledge, industry skills and employability competencies, as well as a global perspective to succeed as future leaders in a fast-changing, technologically driven world.

For more information on SIM Global Education, visit

Continue Reading

Media OutReach

Thailand’s “trust capital” a potential strategic advantage amid global realignment: NUS Business School Dean

Published

1 day ago

on

19/06/2026

By

BANGKOK, THAILAND – Media OutReach Newswire – 19 June 2026 – As geopolitical tensions reshape global trade, supply chains and investment flows, Thailand’s long-standing reputation as a trusted and neutral regional partner could become one of its strongest competitive advantages, according to Distinguished Professor Andrew K. Rose, Dean of NUS Business School.

NUS Business School Senior Lecturer Ms Usa Skulkerewatana (foreground, first from left) and Distinguished Professor Andrew K. Rose, Dean of NUS Business School with Thai media representatives.

Speaking to the media during a visit to Bangkok, Professor Rose said economies with deep international trust and stable regional relationships are increasingly well positioned as businesses rethink where they invest, manufacture and expand.

“In a world where global alignments are shifting and supply chains are being redrawn, trust becomes a strategic asset,” said Professor Rose. “Thailand has spent decades building strong relationships across Asia and beyond. That foundation becomes more valuable in periods of uncertainty.”

A pivotal moment for Thailand
Thailand’s current environment is demanding, and the International Monetary Fund’s World Economic Outlook (April 2026) projects growth of 1.5 per cent in 2026.

Professor Rose noted that rising energy costs, softer long-haul tourism demand and rapid AI adoption are creating near-term pressure across key sectors of the Thai economy. However, he said periods of disruption often create the conditions for long-term competitive repositioning.

“The economies that emerge stronger are usually the ones that adapt earliest,” as Professor Rose. “Leadership capability, agility and the ability to navigate change will determine who captures the next decade of growth.”

The comments come as businesses across Southeast Asia accelerate investment in AI, digital transformation and workforce reskilling amid growing global economic fragmentation.

A 2026 Milieu Insight study of 3,000 workers across six Southeast Asian markets including Thailand found that 53 per cent ranked over-dependence on AI as their top concern, ahead of privacy risks and job displacement. This suggests that organisations in Thailand and across the region must do more to guide, not just deploy, new technology.

Building regional leadership capability
Addressing these challenges requires more than a policy response alone. Professor Rose emphasised that both multinationals and SMEs must build their adaptation strategies around talent and leadership development to power Thailand’s growth engine.

Ms Usa Skulkerewathana, Senior Lecturer at NUS Business School, said Thai organisations should consider focusing on strengthening talent development and practical AI readiness rather than treating technology as a standalone solution.

“This is not a wait-and-see moment,” said Ms Skulkerewathana. “Thai businesses that invest early in leadership, digital capability and workforce resilience will be better positioned to compete regionally and internationally.”

Singapore’s role as Asia’s financial and educational hub offers Thai professionals and organisations a natural gateway to build regional leadership capability. Thai professionals and executives have, for decades, benefitted from NUS Business School’s MBA, MSc and executive education programmes, including the Stanford–NUS Executive Programme and other senior leadership initiatives developed with global academic and industry partners. Thai enrolment has remained steady over the past five years as professionals seek regional exposure and globally benchmarked leadership training.

Thailand’s “trust capital” is intact, and its position within a reorganising ASEAN is reinforced by the changes underway. The Thai institutions and business leaders that treat “trust capital” as a competitive asset, and build the leadership depth to deploy it, will define the country’s next chapter of growth.

Hashtag: #NUSBusinessSchool





The issuer is solely responsible for the content of this announcement.

About NUS Business School

With 50,000 alumni and 60 global chapters, the National University of Singapore (NUS) Business School is known for providing management thought leadership from an Asian perspective, enabling its students and corporate partners to leverage global knowledge and Asian insights.

The school has consistently ranked first in Asia by independent publications and agencies, such as The Financial Times and Quacquarelli Symonds, in recognition of the quality of its programmes, faculty research and graduates.

The school is accredited by AACSB International (Association to Advance Collegiate Schools of Business) and EQUIS (European Quality Improvement System), endorsements that the school has met the highest standards for business education.

For more information about NUS Business School, please visit .

To discover our MBA, MSc or Executive Education courses, visit , or

Continue Reading

Media OutReach

Dayos Releases Athena: Agentic Replacement for Oracle and Workday AMS Contracts, Now Generally Available

Published

2 days ago

on

18/06/2026

By

Hero performs full end-to-end report development, Application configuration, and token management, closing tickets at no marginal cost on top of the platform fee while customers keep their existing systems, controls, and access model.

SINGAPORE –

The release addresses four structural problems with the AMS model that enterprises running Oracle and Workday have lived with for two decades.

Time to deploy. Traditional AMS engagements take months to scope, onboard, and ramp to full coverage. Athena Starter deploys in two weeks – from contract execution to production agents running inside the customer’s Oracle or Workday tenant.

Quality of work. Hero’s agents reason through tickets in the customer’s actual tenant – exploring, planning, and validating before posting. Report development tickets, historically the worst offenders on enterprise SLA reports, complete 70% faster on Hero. Plain English in, validated SQL out, executed inside the tenant.

Long-term support drag. Hero reduces Oracle ticket backlogs by 50% in the first 30 days for Starter customers, with a sustained 60% reduction in the active ticket queue by the end of year one for Pro customers. SLAs across customer engagements run 50% faster. Every ticket Hero closes is a ticket the customer’s AMS provider does not bill for.

Proof. Dayos used Hero internally to retire its own ServiceNow ITSM environment in 45 days, with 60% of Tier 1 tickets now resolved autonomously. The deployment is documented as a reference case in Section 2.1 of the IMDA Model AI Governance Framework for Agentic AI, published by Singapore’s Infocomm Media Development Authority at ATxSG in May 2026, alongside case studies from AWS, DBS, Google, Workday, OCBC, Tencent, PwC, and GovTech.

“AMS providers bill per ticket or per hour. Hero closes tickets at no marginal cost on top of the platform fee. Every ticket Hero closes is one your AMS provider doesn’t bill for,” said Brad McElhannon, Founder and CEO of Dayos.

AVAILABLE NOW AND AHEAD

Athena Starter is available at USD 60,000 per year, delivering 50% Oracle ticket backlog reduction in 30 days, 70% faster report development, and 50% faster SLAs. Athena Pro is available at USD 150,000 per year, adding custom agent development and a contractually committed 60% sustained reduction in the active ticket queue by the end of year one. Plan details and outcome breakdowns by tier are at dayos.com/plans (https://www.dayos.com/plans).

The Athena Hero release ships with full support for Oracle and Workday. SAP availability is targeted for January 2027.

Hero is built on Google’s Agent Development Kit (ADK) with Gemini as the lead reasoning model, and operates under ISO 42001-aligned governance with SOC 2 Type II controls. Athena enters general availability, with active enterprise deployments across the Asia-Pacific region.

Hashtag: #AgenticAI #Oracle #Workday #SAP #EnterpriseAI #AMS



The issuer is solely responsible for the content of this announcement.

About Dayos

Dayos is an AI-native platform company headquartered in Singapore. Its platform, Hero, automates the Oracle and Workday application-managed services work that enterprises have historically outsourced, including configuration, report development, reconciliations, transaction entry, monitoring, and incident resolution. Rather than replacing a customer’s systems, Hero works inside their existing Oracle and Workday environments and respects their established controls and role-based access model.

Dayos is ISO 42001 and SOC 2 Type 2 certified and was published as a reference deployment in the IMDA Model AI Governance Framework for Agentic AI. The company was founded by Brad McElhannon, who spent more than 20 years in enterprise Oracle implementation across 200+ clients and led Finance Engineering at Robinhood through its IPO. Learn more at www.dayos.com.

Continue Reading

Trending