亚信科技

HIGHLIGHTS

• Operating revenue amounted to approximately RMB2,504.1 million, up by 1.0%.

• Revenue from new businesses amounted to approximately RMB229.7 million, up by 77.7%.

• Gross profit amounted to approximately RMB893.7 million, up by 2.9%, and gross profit margin amounted to 35.7%,

• representing an increase of 0.7 percentage point, where the profitability continued to improve.

• Net profit amounted to approximately RMB232.6 million, up by 228.8%, and net profit margin was approximately 9.3%, representing an increase of 6.4 percentage points.

• Adjusted net profit amounted to approximately RMB280.4 million, up by 10.1%, and adjusted net profit margin was approximately 11.2%, representing an increase of 0.9 percentage point.

• On 14 August 2020, the Company has been selected as a constituent of each of Hang Seng Composite Index, Hang Seng Stock Connect Hong Kong Index and Hang Seng Internet & Information Technology Index, etc., changes of which will take effect on 7 September 2020.

(18 August 2020 - Hong Kong) - AsiaInfo Technologies Limited (“AsiaInfo” or the “Company”, together with its subsidiaries, the “Group”, stock code: 1675.HK) announces its audited consolidated interim results for the six months ended 30 June 2020 (the “Reporting Period”).

During the first half of 2020, despite that the Company’s operating performance was running under pressure resulting from the significant impact on the overall signed orders and deferral in construction progress due to the COVID-19 outbreak impact, however, driven by the rapid development of the emerging businesses, the operating revenue amounted to approximately RMB2,504.1 million, up by 1.0%. Among which, revenue from the Emerging Businesses amounted to approximately RMB229.7 million, up by 77.7% (of which, revenue from the OSS business amounted to approximately RMB55.7 million, up by 38.6%, revenue from the DSaaS business amounted to approximately RMB105.8 million, up by 90.7%, revenue from the vertical industries and enterprise cloudification amounted to approximately RMB68.15 million, up by 103.0%). Net profit amounted to approximately RMB232.6 million, up by 228.8%. The adjusted net profit amounted to approximately RMB280.4 million, up by 10.1%, and the adjusted net profit margin amounted to 11.2%, up by 0.9 percentage point, which recorded a new high in profitability.

During the Reporting Period, the Company continues to further solidifying our leading position in the operators’ market for BSS business and jointly facilitating rapid growth of 5G business. 2020 is the popularisation year of 5G commercial application. The Company continues to strengthen its business support software and service advantages by providing BSS systems that enable 5G scenarios for business operation. The Company provided strong support for operators’ 5G business development, thus further solidifying our leading position in the operators’ market. The Company actively participated in the formulation of proposals and specifications for smart middle office platform, assist in the construction of projects for smart middle office platform in various regions, upgrade the overall system architecture by means of the middle office platform, and form supporting capabilities for the business scenarios, so as to help the digital transformation. The Company actively explored 5G’s multiquantity, multi-dimensional and multi-model charging and billing capabilities and propel the launching of the 5G standalone (SA) charging and billing system. Moreover, the Company deepens the cooperation in big data platforms and domestic databases, and obtained project orders for data processing platform, data model construction and database migration services. As of 30 June 2020, the Company provided services to 262 telecom operator customers, up by 16.4%, and the customer retention rate continued to maintain a high level of over 99%.

In terms of OSS business, the Company vigorously promotes multi-sector business integration, in particular, increases the innovation of 5G network intelligent products, promotes 5G OSS business expansion, assists operators to improve 5G network quality and experience.The Company launched total solution services for 5G-Slicing end-to-end management, provided operators supporting capabilities for the entire life cycle, which helped them to quickly realise the end-to-end planning and management of 5G slicing business and 5G network elements. The Company obtain orders to construct the 5G network functions virtualization (NFV) and short messaging service (SMS) converged gateway system on 5G network, helping the virtualisation, cloudification and centralised deployment of the 5G converged SMS gateway. The pilot project of the new generation cloud network operation system was cutover and launched to achieve the commercial implementation of multiple achievements and promote the integration of B domain (BSS domain) and O domain (OSS domain). As of 30 June 2020, the revenue from the Company’s OSS business amounted to approximately RMB55.7 million, representing an increase of 38.6% as compared with the corresponding period of last year. Among which, revenue from 5G OSS business amounted to approximately RMB15.3 million. During the Reporting Period, the Company has cooperated with R&D organisations or provincial companies under the three major operators, achieving 27 5G commercialized works.

DSaaS business increasing by more than 90%, with revenue breakthrough of RMB100 million. In the first half of 2020, the Company continued to focus on the DSaaS business, with constant diversification and innovation in operation products and applications and customer base expansion, and had established increasingly matured business models. Especially confronting the COVID-19 outbreak, as a powerful tool to combat against the epidemic spread, the value of DSaaS business has become more and more prominent. The Company fully leverages the foundation capabilities of big data and artificial intelligence to quickly develop 16 epidemic prevention and control products and solutions ranging from macro insights to grassroots control, and has precisely and effectively assisted operators and government departments in epidemic prevention and control and resumption of work and production, contribute to winning the epidemic prevention and control battle with scientific and technological strengths. Our products and solutions such as human flow and epidemic trend sensing products in epidemic regions, visualisation resolution of 3D immersive data on sensitive regions, and joint public health emergency response plans were recommended by the Ministry of Science and Technology, and our epidemic prevention and control big data platform was highly recommended by China Academy of Information and Communications Technology (CAICT) and the Cloud Computing Open Source Industry Alliance. As of 30 June 2020, the revenue from DSaaS business was approximately RMB105.8 million, up by 90.7%, nearly doubling again.

Growing and solidifying key vertical industries, tapping into the enterprise cloudification business. In the first half of 2020, the Company vigorously expanded the vertical industries market, continued to focus on strategic vertical industries including the finance, energy, transportation, government affairs and postal services sectors, and provided products and services primarily based on customer relationship management (i.e. CRM), data management, development and operation (DevOps) and cloud service management (Cloud MSP), with breakthrough achievements in relevant industries. Recently, in the Trusted Cloud ? Cloud MSP Competency Assessment hosted by CAICT, the Company were rated as Excellent, the highest level of Trusted Cloud MSP certification (currently only five MSPs have passed such certification). The Company successfully launched the first phase of the third party e-commerce platform project jointly constructed with Alibaba Cloud, and jointly undertook the steel manufacturing projects including Hebei Steel and Delong Steel with Alibaba Cloud. As of 30 June 2020, the Company provided services to 64 large-scale corporate customers, up by 48.8%. The customer retention rate continued to maintain a high level of over 99%.

During the Reporting Period, the Company fully set up the B domain and O domain core product capabilities and created several product systems and relating products. For example, the Company created an open, united and credible cloud network-integrated product system based on a enterprise-level comprehensive and full-stack multiple cloud management platform, covering data-science product system including full-domain smart operating and maintaining platform, knowledge graph management tool, robotic process automation platform and 5G city digital twinning platform etc. It also embraces BSS product system including enterprise-level GIS platform, 3D visualisation product etc. The Company continue to develop the Cloud MSP products and service capacity and vertical industry solutions which empower the vertical industries, and focus to implement the Cloud MSP strategy. While strengthening our technological innovation, the Company have also established an innovative closed-circle model from standardisation and commercialisation, which comprises identifying the technological innovation direction, making technical proposals to European Telecommunications Standards Institute, 3rd Generation Partnership Project, International Telecommunication Union, TeleManagement Forum, IEEE, O-RAN and other industry organisations actively, compeleting the innovative product R&D under the guidance of industry standards, and constructing an ecological cooperation pattern with operators’ group headquarters, research institutes and provincial companies by adopting the joint technological innovation model during the commercialisation process.

Besides, on 14 August 2020, the Company has been selected as a constituent of each of Hang Seng Composite Index, Hang Seng Stock Connect Hong Kong Index and Hang Seng Internet & Information Technology Index, etc., changes of which will take effect on 7 September 2020. The Company believes that joining the Hang Seng Family of Indexes will help the Company further broaden the investor base and effectively strengthen the recognitions in in the capital market of the Company, so as to improve the brand recognition of the Company.

As the epidemic is turning around and economic recovery momentum is picking up, the Company will insist on the strategy of “One consolidation, Three developments”, seize the 5G commercialization opportunity and firmly intensify our development in the industry. The Company will continue to embrace emerging technologies by integrating 5G, artificial intelligence, big data and cloud computing together with enterprise digital transformation to accelerate the construction of the new infrastructure, aiming to become the enabler of the digital transformation for large enterprises in the 5G era.