iSoftStone's Q3 Report | Revenue in the first three quarters grew by over 70% year-on-year, Q3 net profit attributable to the parent company grew by over 50% year-on-year, and the "Integrated Software-Hardware" strategy has achieved significant results.

On the evening of October 25, 2024, iSoftStone Information Technology (Group) Co., Ltd. (301236.SZ) released its Q3 report for 2024. The report indicates that the company's "Integrated Software-Hardware" strategy has driven a significant increase in business scale, with operating income of 22.208 billion yuan in the first three quarters of 2024, a year-on-year increase of 73.07%; the company's net profit attributable to the shareholders of the listed company increased rapidly, with a sequential growth of 144.38% and 86.99% in the second and third quarters, respectively, and a year-on-year increase of 53.82% in the third quarter, with net profit turning positive by the end of the third quarter.

iSoftStone adheres to technological innovation, focusing on intelligence, innovation, green, and internationalization, and practices the strategy of "four major businesses": consulting and digital technology services, computing products and digital infrastructure services, digital energy and AI computing services, and global business services. It consolidates six major business sub-brands: iSoftStone Consulting, iSoftStone Industrial Internet, iSoftStone Digital Energy, MECHREVO, Tsinghua Tongfang, and iSoftStone Huafang, and builds four intelligent manufacturing plants in Beijing's urban deputy center, Suzhou, Wuxi, and Jinhua, creating intelligent productivity products such as AI PCs, humanoid robots, and AI workstations. With deep industry accumulation and full-stack intelligent technology products and services, the company has been included in the CSI A500 Index, once again rated AA by Wind ESG, and remains the industry leader, with its market position and industry influence continuously increasing.

Intelligent: Consulting and digital technology services
AI is deeply integrated with thousands of industries, becoming a new fulcrum for industrial transformation and upgrading. iSoftStone strengthens consulting guidance, applying intelligent technology products and services to multiple industries such as finance, energy, and manufacturing, launching platforms such as the iSS-Works, the iSS-AIoT 3.0, and releasing products such as the Ascend LLM integrated machine. It has published industry solutions for large model inference and smart university campuses, won projects such as "AI+Steel" for Shandong Steel Group and corporate financial management for China National Nuclear Corporation, created benchmark projects such as "AI+Coal Mine" for Shanxi Jinyun, and reached strategic cooperation with China Mobile International Co., Ltd., Hangzhou Bank, and JINAN SHIZHONG FUTURE INDUSTRY DEVELOPMENT CO., LTD.

Innovative: Computing products and digital infrastructure services
iSoftStone focuses on the domestic computing power base, promotes the synergy of software and hardware, creates full-stack technology products and services, launches the Beijing ITAI whole machine brand - iSoftStone Huafang, and builds the Beijing-Tianjin-Hebei ITAI town with the Beijing urban deputy center. In the PC field, the globally renowned research institution Canalys report shows that the shipment growth rate of iSoftStone's PC brands MECHREVO and Tsinghua Tongfang) was 86% year-on-year in the second quarter, ranking first in the domestic market and fourth in market share. In the field of basic software, it released the ISSEDB and the SwanLinkOS 5, and was the first to achieve interconnection with HarmonyOS NEXT, launching intelligent products such as AI PCs of ITAI and OpenHarmony AI PCs/intelligent interactive tablets. In the field of humanoid robots, it reached a strategic cooperation with AGIBOT, jointly established the iSoftStone Tianhui Special Humanoid Robot Laboratory with HARIBIT, and settled the humanoid robot headquarters in Wuxi.

Green: Digital energy and AI computing services
Against the backdrop of "dual carbon", iSoftStone focuses on digital energy and intelligent computing services, deepens cooperation with local governments and industry ecosystems, and creates a new engine for business growth. In terms of digital energy, it was selected as one of the 10 digital transformation service providers for Liaoning Province's industrial clusters and relies on the virtual power plant platform to deeply cooperate with State Grid Liaoning Integrated Energy Service Co., Ltd. in the fields of integrated energy services and source-network-load-storage integration. In terms of intelligent computing services, it established the Intelligent Computing Headquarters and settled in Guangzhou Huangpu, released the DenovoX Tianyuan Intelligent Computing Service Platform (IaaS), won the 750 million yuan intelligent computing center project in Pingtan, reached cooperation with iFlytek and Intel, and took the lead in establishing the "iSoftStone Intelligent Computing Tianyuan Ecological Alliance," leading the innovative development of the intelligent computing industry.

International: Global business services
iSoftStone accelerates overseas layout and promotes global business development. During the reporting period, the company achieved key breakthroughs in the Southeast Asia and Middle East. At the GITEX GLOBAL 2024, iSoftStone signed a strategic cooperation memorandum with a large ICT leader in Saudi Arabia and was awarded "Outstanding Collaboration Partner," jointly launching the "Middle East and Central Asia Hybrid Cloud Pioneer Program."

Looking forward, iSoftStone will increase its layout in intelligent manufacturing, ICT software-hardware infrastructure capabilities, and intelligent productivity products, create an industrial chain closed loop, and continue to build a "strategic customers + innovative products" drive ecosystem. iSoftStone is committed to becoming a leading digital technology services provider and a trusted partner of digital transformation in global market, creating greater value for society, customers, and users.