EmbedWay Technologies (Shanghai) Co., Ltd.
恒为科技
A network-visibility and intelligent-system-platform vendor that extended traffic capture technology into 'intelligent-computing visibility', servicing AI data centers and running model-training services on Ascend clusters.
- Headquarters
- Shanghai, China
- Region
- Shanghai
- Founded
- 2003
- Stage
- Public
Overview
EmbedWay Technologies (Shanghai) Co., Ltd. was founded in March 2003 and listed on the Shanghai Stock Exchange main board in June 2017 (603496.SH), headquartered in Shanghai with about 615 employees. Its two core businesses are network visibility — full-traffic capture and deep analysis equipment deployed at carrier backbone, mobile network and IDC egress nodes — and intelligent system platforms: ATCA/VPX/CPC-E-standard and customised boards, modules and systems including server boards and servers, network-security appliances and switches. The company extended visibility into intelligent-computing data centres, participating in networking, operations and compute tuning, and offers model-training services on Ascend clusters to help customers migrate large models onto domestic compute. In H1 2026 network visibility contributed RMB 191 million and intelligent system platforms RMB 238 million. FY2025 revenue was RMB 1.047 billion with net profit of RMB 0.035 billion.
Products
4Intelligent-computing visibility systems
Collects real-time data from CPU/GPU compute resources through switching and storage nodes to locate bottlenecks and raise cluster availability and compute ROI.
Network visibility equipment
Convergence and distribution devices for carrier backbone, mobile network and IDC egress; won first-share bid in a China Mobile centralised procurement in H1 2026.
Domestic intelligent system platforms
Server boards and servers, network-security appliances, switches and industrial switches built on domestic CPU and FPGA platforms.
Model-training services on Ascend clusters
Value-added operation service helping customers migrate large models onto domestic compute clusters.
Highlights
4- 01FY2025 revenue of RMB 1.047 billion and net profit attributable to shareholders of RMB 0.035 billion.
- 02H1 2026 revenue of RMB 430 million (-12.06% YoY), net profit RMB 22.07 million (+23.88%), recurring net profit RMB 5.36 million (-64.45%).
- 03H1 2026 segment revenue: network visibility RMB 191 million (-27.18%), intelligent system platforms RMB 238 million (+5.16%).
- 04Convergence-and-distribution equipment won first share in a China Mobile centralised procurement; domestic FPGA and CPU adaptation completed.
People
1
Funding
1- Source
IPO
CNY 3.169 亿
Events
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Related projects
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Topics
5Coverage
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Information compiled from public sources; refer to the company's official website for authoritative details.