On August 12, 2025, Changhong Jiahua released its interim results announcement for 2025. The announcement shows that in the first half of 2025, Changhong Jiahua achieved operating revenue of 21.169 billion Hong Kong dollars, representing a year-on-year growth of 9.8%. Net profit reached 181 million Hong Kong dollars, representing a year-on-year increase of 10.2%. Earnings per share were 7.05 Hong Kong cents, up 0.65 Hong Kong cents year-on-year. Changhong Jiahua firmly adheres to the business policy of "Ecological value creation, a good partner for high-quality growth", takes intelligent distribution services as the foundation, accelerates business transformation, builds diverse capabilities, and enhances value. Further deepen collaboration with ecological partners to cultivate new advantages.
In the first half of 2025, the domestic and international situations were complex and volatile, and the economy forged ahead under pressure. Facing the challenges of the changing business environment and the ICT industry landscape, Changhong Jiahua uses a stable and certain development to counter the uncertain market environment and achieve continuous growth.
The underlying reasons for the resilient growth of Changhong Jiahua are that the company adheres to the essence of technology serving enterprises, strengthens ecological thinking, leverages existing advantages, seizes new opportunities, continuously enhances its core capabilities, and forms a dual-wheel drive with ecological layout. By applying digital and intelligent technologies to penetrate business scenarios, they mutually promote the productivity of talents and stimulate a multiplicative effect. Break through the deadlock and stand firm, building up momentum for the future.
The key to breaking the deadlock: Enhance service capabilities and explore new industry values
The rapid development of the digital economy has provided a vast market space for the ICT industry. Changhong Jiahua seizes market opportunities, increases investment in technology, and provides high-quality digital products, application solutions and differentiated technical services for partners and customers, covering the entire cycle of digital transformation from infrastructure construction to application implementation, meeting the diverse needs of enterprises at different development stages.
By continuously enhancing its "full-stack" and "full life cycle" service capabilities, Changhong Jiahua has completed its transformation and leap from a traditional "distributor" to a "digital and intelligent comprehensive service provider", offering three-dimensional services ranging from consultation, planning, implementation to operation and maintenance in multiple fields. While achieving structural upgrades, it provides a more diverse business portfolio
As the "national team" of information security services, "Changhong Anfu" has gained 7 international certifications and over 10 national-level qualifications. It has won the MVP of the provincial and municipal attack and defense drill team six times, breaking through the deadlock in "real combat" by promoting defense through offense.
In the field of low-altitude economy, it has become a core participating unit in the compilation of the "Low-altitude Intelligent Interconnection Cloud Service Capability System" of the China Academy of Information and Communications Technology, and has obtained multiple national and provincial qualifications and awards. It has successfully been shortlisted as a service provider for China Mobile's "Thousand-Mile Eye" and low-altitude Video interconnection DICT projects.
In the field of digital marketing, by collaborating with over 10 overseas mainstream media outlets and a global influencer matrix of more than 3,000, we have achieved penetrating coverage of communication resources and leveraged precise exposure to hundreds of millions of users. Deeply rooted in the Southeast Asian market, AI empowers the four core sectors of e-commerce, gaming, finance, and branding, quickly integrating into the overseas marketing landscape.
In strategic emerging markets such as cloud +AI deployment applications, new-generation intelligent computing centers, and integrated retail, Changhong Jiahua continuously expands and deepens its ecological cooperation, fully leveraging the ecological synergy effect to generate new market opportunities and further consolidate them into replicable and sustainable competitive advantages and commercial value.
Changhong Jiahua has built a complete and highly integrated cloud ecosystem, aggregating over ten mainstream cloud intelligence brands in the industry and empowering more than 1,000 cloud ecosystem partners. It provides one-stop product and solution services covering public cloud resale, multi-cloud infrastructure, platforms and applications for 25 industries. Compared with the same period last year, the proportion of high-value partners has increased by more than 64%.
In the field of computing power and energy efficiency management, Changhong Jiahua is the general distributor or authorized partner of many leading domestic and foreign manufacturers. Relying on its nationwide resource scheduling and integration capabilities, outstanding operation and management capabilities, and professional technical support and delivery capabilities, it participated in the implementation of over 25 green data center projects with a capacity of over 10 million yuan in the first half of the year. Provide green computing power support for smart finance, smart parks, new energy, agriculture, scientific research, design and animation industries, etc.
Driven by the dual forces of digitalization and consumption upgrade, the demand for seamless integration of "online and offline" experiences is growing increasingly. Changhong Jiahua has laid out a full-domain retail ecosystem, creating a new retail model of "people + goods + place" for consumer digital products from multiple perspectives such as channels, business, digital and intelligent supply chain, brand marketing and operation. In the first half of the year, the sales volume of cloud warehouse intelligent "drop shipping" increased by 20% year-on-year, activating cross-scenario consumption energy.
The power of gathering momentum: Continuously accumulate positive factors that support high-quality development
The in-depth advancement of technological innovation and industrial integration has put forward new requirements for technology service enterprises. Changhong Jiahua continuously accumulates and enhances its core capabilities to better adapt to the rapidly changing market environment, maintain its competitive edge, output differentiated value, and provide more agile and comprehensive technological service support for the industry.
Changhong Jiahua continuously strengthens the construction of its digital and intelligent system and the optimization and transformation of business processes. Through a digital and intelligent comprehensive service platform, it enhances operational efficiency and empowers business innovation. It efficiently and precisely matches the personalized and customized demands of ecosystem partners, comprehensively improving its intelligent distribution service capabilities in the new era and providing solid support for the foundation of intelligent distribution services worth hundreds of billions of yuan.
With the vigorous development of the digital economy, enterprises have an increasing demand for data-driven decision-making power. Changhong Jiahua has built a full-domain data cockpit (data middle platform) to serve a wide range of business digitalization application scenarios, fully activating the potential of data elements: helping partners and customers optimize inventory structure, increase turnover rate by 10%, and reduce capital occupation costs; By implementing a refined operation shift from "experience-driven" to "data-driven", decision-making efficiency has been enhanced by over 20%.
The Changhong Jiahua intelligent inventory distribution decision-making system integrates multi-source heterogeneous data such as historical sales records, market trend analysis, customer behavior patterns, and supply chain dynamics. Through big data processing technology, it achieves real-time data collection, cleaning, integration, and storage. By leveraging machine learning algorithms, we can deeply mine the value of data, gain insights into market opportunities, and provide scientific basis for decision-making. Since its launch, the automatic order processing rate has increased to over 92%, and the market response speed has improved by 30%.
Changhong Jiahua's smart logistics solution implements electronic data interchange, container list connection, and data integration with third-party logistics, and actively builds 4PL ecosystem application capabilities to support business development with a digital and intelligent network. In the first half of the year, we collaborated with over ten leading logistics partners in the industry to build an efficient and flexible logistics network, achieving T+1 efficient fulfillment for over 99% of consumer orders. The average transportation cycle for enterprise-level equipment is less than 30 hours, leading the industry average.
Among the numerous digital and intelligent service products of Changhong Jiahua, the "Downward Store Sales Promotion Mini-Program" is a system tool specifically designed for the terminal store channel system. With the core purpose of supporting and promoting sales, it empowers and enhances skills through online training, stimulates the enthusiasm of store promoters through marketing activities and reward mechanisms, achieves refined management, and ensures the effective implementation of brand policies. The mini-program has covered over 20,000 terminal stores in cities at levels 1 to 6, with the total transaction volume of each store increasing by more than 120% compared to the previous period.
Changhong Jiahua has always regarded talent as the core driving force for development, creating a cultivation model that deeply integrates talent with system capabilities. Through a distinctive empowerment system, self-developed courses, and practical training, it nurtures compound technical and operational talents, continuously strengthening its internal development capabilities, and constantly providing professional service capabilities for the industry to activate the long-term development momentum of the industrial chain.
The expert team of Changhong Jiahua, composed of over 400 technical engineers, holds more than 1,900 technical certification qualifications for leading brands in the field, including ICT software and hardware, infrastructure, cloud computing/open source, information security, software/applications, low-altitude flight, project management, and service management. Its comprehensive technical services have assisted over 10,000 ecosystem partners.
In the first half of 2025, the company organized over 1,200 training sessions on products, skills, compliance and other aspects for its ecosystem partners, covering more than 36,500 people, and worked hand in hand with partners to build a certain future of high-quality development for the industry.
Changhong Jiahua is well aware that in the era of surging digital intelligence, only by deeply integrating the market, ecosystem, technology and talent, and continuously promoting service innovation and value creation, can it build a core competitiveness for the future. This is not only a way to break through in the face of industry changes, but also the value source that drives the win-win of the ecosystem.
The era's interpretation of the value origin
As an outstanding digital intelligent comprehensive service provider in the new era, the continuous and healthy development of Changhong Jiahua starts from the value origin and reaches the symbiosis of The Times.
In the era of rapid development and accelerated application of artificial intelligence, Changhong Jiahua focuses on the "intelligent" cycle of human wisdom and machine intelligence, enabling the enterprise brand to naturally penetrate the circle, become the water source for industry development, the algorithm for ecological evolution, and the growth code with warmth. Work with partners to maximize ecological value and make greater contributions to shareholders.
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