Parallel Technology: Revenue to grow nearly 70% by 2025, net profit remains stable

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Source: Shanghai Securities News · China Securities Network

Securities News China Securities Network reported on April 3 at night that Parallel Technology released its 2025 annual report. In 2025, the company achieved operating revenue of RMB 1.11 billion, up 69.56% year over year; net profit attributable to shareholders of listed companies was RMB 12.22M, up 1.34% year over year; net profit after deducting non-recurring items attributable to the parent company recorded a loss of RMB 75k, with a change from profit to loss on a year-over-year basis; basic earnings per share were RMB 0.21 per share; net operating cash flow was RMB 245 million, up 100.5%.

The company is a leading provider of computing power services and operations in China. It is committed to providing secure, easy-to-use, high-performance, and cost-effective supercomputing and intelligent computing power services for research institutions and enterprise users. It builds a domestic-leading cloud-based computing power service system, and forms a computing power network service platform that integrates computing power resources, application resources, service resources, and talent resources. The company focuses on the business needs of various types of users in different scenarios, and continuously rolls out comprehensive computing power service solution packages that meet research demands across industries and fields, providing high-quality, high-performance, and cost-effective computing power services for users in many application areas including artificial intelligence, advanced manufacturing, education and research, aerospace, and life sciences.

As of December 31, 2025, the company is a national-level high-tech enterprise, a “specialized, innovative, and differentiated” “little giant” enterprise, a Beijing “specialized, innovative, and differentiated” small and medium-sized enterprise, and a Zhongguancun high-tech enterprise. It has also obtained business licenses, certifications, and qualifications including the Value-Added Telecommunications Business Operating License, the Quality Management System Certification, the Information Security Management System Certification, and the Cloud Service Information Security Management System Certification, among others. (Wang Zhiyuan)

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