HK Stock Market Move | CHINASOFT INT'L (00354) rose more than 5% as the full-stack AI business revenue began to take shape. The company is in a leading position in the open-source Hongmeng ecosystem.

CHINASOFT INT'L (00354) rose more than 5%, reaching 5.4% at the time of writing, with a price of HK$4.49 and a trading volume of HK$2.35 billion. On the news front, CHINASOFT INT'L achieved revenue of 16.951 billion yuan in 2024, with full-stack AI products and services contributing revenue of 957 million yuan, accounting for 5.65% of total revenue. Additionally, Huawei's authorization for Windows expired, and on March 27th, Google announced the suspension of the Android Open Source Project (AOSP). Founder believes that industry changes are expected to accelerate the promotion of the Harmony operating system and the adaptation of the application ecosystem. CHINASOFT INT'L has always been in a leading position in the open-source Harmony ecosystem, with a stable contribution of code to the OpenHarmony community. Leveraging the KaihongOS+ super device management platform KaihongOS Meta, the company has developed 20 self-developed products, serving over 400 enterprises, providing migration services for over 500 applications, and connecting millions of devices. Haitong pointed out that the company is actively deploying the "1+3" strategy, forming a full-stack AI organism. "1+3" refers to cloud intelligence + Harmony intelligent Internet of Things and digital twins/enterprise digital transformation and ERP consulting implementation/AIGC business. The company continues to maintain its leading position in Huawei Cloud's business ecosystem, using cloud intelligence business to closely reach AI value customers. The company deeply integrates with Huawei's pure Harmony ecosystem in terms of Harmony native applications and meta-services; accelerates AIGC innovation and Agent Factory layout, promotes the integration of computing power/models/data/applications in the full-stack AI advantage. Building AI-native ERP consulting implementation and self-developed service capabilities, the company successfully delivered a self-developed ERP prototype system development project for a major power central enterprise, becoming the first service provider to provide enterprise core business system consulting implementation from partner to customer.