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Express News | Investment Calendar: Key Capital Market Events Reminder for Thursday
Express News | Shunwang Technology: Has built a highly efficient distributed computing power network with over 330 node server rooms working in coordination.
Research Report Insights | Guohai Securities: Initiate Coverage on Shunwang Technology with a 'Buy' Rating, Cloud Business Scale Achieved, Dividend Payout Increased
Guohai Securities Research Report points out that Shunwang Technology is expected to achieve high profit growth and optimized revenue structure by 2025, with its cloud business reaching scale implementation and dividend payouts increasing. The company's core competitive advantages remain solid as it continues to deepen its presence in the esports services sector. By 2025, it completed the foundational construction of its cloud business and officially entered the phase of deepening its business model and accelerating scale expansion. Starting from 2026, the cloud business is expected to gradually contribute incremental revenue. Traditional esports and泛entertainment businesses provide a stable cash flow foundation. The company proactively reduced low-margin value-added businesses and focused on high-margin core operations, a strategic adjustment that was validated in 2025. Furthermore, in Q1 2026, the company’s gross margin continued to increase significantly.
Shunwang Technology (300113): Forecast of significant profit growth and revenue structure optimization by 2025, with cloud business scaling up and increased dividend payouts.
The company's financial data for the 2025 annual report and the first quarter of 2026: (1) In 2025, the company achieved operating revenue of 1.744 billion yuan, a year-on-year decrease of 5.18% (YoY-5.18%), and net profit attributable to shareholders of 418 million yuan, a year-on-year increase of (YoY+).
Shunwang Technology (300113): Q1 Profitability Surges Significantly; Commercialization of Computing Power Cloud Accelerates
Profitability has significantly improved, with a positive outlook for the continuation of high advertising growth momentum and accelerated cloud growth. The company maintains a 'Buy' rating. It is expected to achieve revenue of 1.744 billion yuan in 2025 (a year-on-year decrease of 5%) and net profit attributable to shareholders of 418 million yuan (a year-on-year increase of 66%).
Shunwang Technology: First Quarter Report for 2026