Star Ring Technology: Revenue expected to grow by over 20% year-over-year in 2025

MetaMuskRat · 2026-03-26T06:00:22+00:00

Xinghuan Technology's 2025 annual report shows that operating revenue reached 448 million yuan, a year-on-year increase of 20.47%; net profit loss was 245 million yuan, a narrowing of 28.62% compared to the previous year. The company's revenue growth is mainly attributed to industry digital transformation and a focus on core software services.

MetaMuskRat

2026-03-26 06:00:22

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People’s Financial News, March 24 — Xinghuan Technology (688031) announced its annual report on March 24. By 2025, the company achieved operating revenue of 448 million yuan, a year-on-year increase of 20.47%. The net profit attributable to shareholders of the listed company was a loss of 245 million yuan, narrowing by 28.62% compared to the same period last year. The company’s revenue growth mainly stems from: on one hand, the ongoing deepening of industry digital transformation, with significant market demand for underlying data governance, data applications, and supporting services; on the other hand, the company focuses on core software products and supporting services, accurately responding to customer needs, which has driven a substantial increase in revenue for this segment, leading to continuous expansion of core business revenue.

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