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Gloryview Technology Co., Ltd.

宏景科技

A smart-city solution provider that pivoted into compute services; computing now brings in over 90% of revenue and the company positions itself around token-economy infrastructure.

Headquarters
Guangzhou, Guangdong, China
Region
Guangdong
Founded
1997
Stage
Public
01

Overview

Gloryview Technology Co., Ltd. was founded in March 1997 and listed on the ChiNext board of the Shenzhen Stock Exchange in November 2022 (301396.SZ), headquartered in Guangzhou. Originally a smart-city solution provider, it pivoted into compute services from 2024 and now runs a dual business of 'compute services + smart city'. Compute services cover three models: system integration where control transfers to the customer and revenue is recognised on acceptance; compute operation, where the company integrates self-owned or leased servers and provides compute to customers with monthly revenue recognition; and compute-platform development. In H1 2026 compute services generated RMB 1.689 billion, up 174.53% year on year and 91.64% of revenue, at a 37.98% gross margin. FY2025 revenue was RMB 1.182 billion with net profit of RMB 0.026 billion.

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Products

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Compute operation services

Compute clusters integrated from self-owned or leased servers and rented out to customers, with revenue recognised monthly over the operation period.

Compute system integration

System design, equipment supply, re-configuration and tuning, installation and networking; control transfers to the customer and revenue is recognised on acceptance.

Heterogeneous intelligent-computing platform

Platform development and application services built on in-house cluster scheduling technology, aimed at raising token output efficiency.

Smart-city solutions

Legacy business, still RMB 154 million of H1 2026 revenue, providing customer relationships and project delivery experience.

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Highlights

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  • 01H1 2026 revenue of RMB 1.843 billion (+156.43% YoY), net profit RMB 0.137 billion (+127.43%), recurring net profit RMB 0.138 billion (+132.07%).
  • 02Compute services reached RMB 1.689 billion in H1 2026, up 174.53%, at 91.64% of revenue with a 37.98% gross margin (+17.27 pct YoY).
  • 03Operating cash flow reached RMB 1.769 billion in H1 2026, up 3,105.55% year on year.
  • 04FY2025 revenue of RMB 1.182 billion (+79.62%) and net profit of RMB 0.026 billion; proposed H1 2026 dividend of RMB 1 per 10 shares.
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People

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06

Funding

1
  1. IPO

    CNY 8.172 亿
    Source
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Events

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Not yet listed

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Related projects

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Not yet listed

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Topics

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Coverage

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Information compiled from public sources; refer to the company's official website for authoritative details.