Changes in Hong Kong stocks | Inspur Digital Enterprise (00596) rose more than 7%. The company's cloud service business turned profitable and the state-owned background helped Xinchuang advance

The Zhitong Finance App learned that Inspur Digital Enterprise (00596) rose by more than 7%. As of press release, it had risen 7.32% to HK$6.01, with a turnover of HK$102 million.

According to news, Inspur Digital achieved a turnover of 8.201 billion yuan in 2024, down 1.1% year on year; net profit of 385 million yuan, up 90.8% year on year. Revenue from the cloud services business reached 2,761 billion yuan, up 38.1% year on year, turning a loss into a profit for the first time. Zhongtai International pointed out that this year, the company implemented the “AI First” strategy, increased investment in the development of the Haiyue Big Model, restructured Haiyue software using AI technology, created AI-native enterprise software, and implemented high-value intelligent application scenarios to drive the digital transformation of enterprises to a new level. Management described 2025 as the year the AI product scenario will be implemented.

Guoyuan International believes that Inspur Digital Enterprise relies on the shareholder Inspur Group's leading position in the field of cloud computing and big data, and the company has a significant advantage in the ERP localization process. With technical strength, policy responsiveness and resource support from central enterprises, the company is expected to become the preferred partner for central government enterprises to replace credit innovation. Therefore, the company will fully enjoy the dividends of the times brought by the promotion of the domestic credit innovation strategy, and market demand is growing, and future performance growth expectations will continue to be fulfilled. Empowered by technology integration and policy drive, the company will usher in historic opportunities.