Capturing Opportunities Across the AI Industry: Huaqin Technology Achieved Year-over-Year Revenue Growth of 56.0%

On the evening of March 23, global leading ODM for smart products, Huaxun Technology, disclosed its 2025 annual report.

The annual report shows that the company achieved an operating revenue of 171.44 billion yuan, a year-on-year increase of 56.0%; net profit attributable to shareholders of the listed company was 4.05 billion yuan, up 38.6% year-on-year, with a return on equity (ROE) of 16.82%, up 3.3 percentage points. The performance growth is mainly due to the company’s continuous business expansion and a significant increase in shipment volumes across all product lines.

According to the report, Huaxun Technology completed the upgrade of its “3+N+3” smart product platform strategy during the reporting period, creating three major diversified business matrices: a mobile terminal product portfolio centered on smartphones, a digital productivity product portfolio centered on personal computers, and a full-stack data center infrastructure product portfolio; it also expanded into three strategic areas—automotive electronics, robotics, and software—continuing to develop the company’s second growth curve.

Specifically, in terms of business segments, as the company’s traditional core business, the mobile terminal segment relied on industry trends and its core advantages. Last year, revenue grew rapidly, and market share continued to lead. According to Counterpoint data, by 2025, the company’s smartphone market share continued to increase, maintaining the top position globally in the smartphone ODM industry. The smart wearable segment has become a key growth driver within the mobile terminal sector, with revenue doubling by 2025.

In the laptop business, by 2025, Huaxun Technology’s personal computer shipments and revenue both achieved double-digit growth, with market share also steadily increasing. According to IDC, the company’s global PC market share reached 10.2% in the first half of 2025, a year-on-year increase of 1.5 percentage points, leading the industry in growth and maintaining the top position among mainland China’s laptop ODMs and in the global top tier. The company has also proactively invested in AI PC product development and has achieved large-scale mass production and shipment.

In the data center segment, benefiting from the explosive growth in global AI computing power demand, revenue surpassed 40 billion yuan last year, nearly doubling year-on-year. The company has been laying out the server field since 2017, building a full-stack product matrix including AI servers, general-purpose servers, storage servers, switches, and supernodes, deeply binding with leading domestic CSP customers, and maintaining its position as a core supplier. Among these, AI server revenue accounts for over 70%, and switch business has achieved exponential growth, with annual revenue exceeding 2.5 billion yuan, becoming an important growth driver in the data center sector.

In automotive electronics, leveraging platform reuse and full-stack self-developed capabilities, Huaxun Technology’s automotive electronics business experienced leapfrog development in 2025, with shipments surpassing 1 billion yuan and continued narrowing of losses. The company has established a full-stack automotive-grade R&D capability covering hardware, software, HMI, and testing.

In robotics, in 2025, the company successfully expanded its household cleaning robots to new domestic and international clients, and mass production of data collection robots was achieved. Relying on its large-scale manufacturing scenarios and cutting-edge R&D capabilities at the X-lab, the company is steadily advancing the development of industrial wheeled robots and humanoid robots. The first self-developed bipedal humanoid robot has completed debugging, adopting a multi-platform development strategy.

In software, as AI accelerates its penetration across various terminal fields, demand for edge AI, system optimization, and intelligent interaction software continues to grow, with the value of software in overall solutions increasing. The company is expanding its AI software capabilities alongside its hardware business, integrating hardware and software design to provide comprehensive solutions that meet customer needs.

Industry experts believe that under the backdrop of AI technology reshaping the electronics and information industry, industry opportunities are characterized by multi-track parallel development and technological integration. Platform-based smart product companies, leveraging cross-business synergy, technology reuse, global deployment, and full-chain services, can respond quickly to market changes and are expected to accurately capture development opportunities across different tracks, thus achieving sustained high-quality growth.