Blog


01

2025

-

04

[Portfolio Company Update] We warmly congratulate SoundTalks Technology, a portfolio company of the Environmental Fund, on achieving double-digit growth in both revenue and profits for 2024! The leader in interactive AI continues to deliver outstanding performance.

Release time:01 Apr,2025


 

In 2024, as AI technology accelerates its real-world applications, ShengTong Technology (stock code: 02495.HK), a leading company in the interactive AI sector and a portfolio investment of the Environmental Fund, delivered an impressive performance! The company achieved robust year-on-year growth in both revenue and profit, while simultaneously advancing its R&D initiatives and expanding into new markets—demonstrating strong resilience and significant strategic potential for future growth.

In 2024, total revenue reached RMB 940 million, representing a year-on-year increase of 15.8%. Gross profit amounted to RMB 510 million, up 56.9% from the previous year, while the gross margin surged by 14.2 percentage points to 54.2%.

In 2024, the company achieved an adjusted net profit of RMB 150 million, representing a year-on-year increase of 28.6%. The adjusted net profit margin also improved by 1.6 percentage points, reaching 16.1%. Overall, the company’s performance showed a steady growth trend.

In 2024, ShengTong Technology stepped up its R&D investments, continuously refining its interactive AI technologies and launching highly advanced, commercially viable products and solutions. The company is deeply focused on four key application areas—urban management, automotive transportation, communications, and finance—while also actively expanding into emerging sectors such as energy management and healthcare.

2025 Strategic Outlook: First, continue expanding application scenarios to forge a second growth curve, reaching into more vertical industries. Second, strengthen technological collaboration by building a COAI (Collaborative AI) ecosystem through strategic investments and mergers. Finally, tap into overseas markets while firmly pursuing an international brand strategy.

ShengTong Technology is a leading company deeply rooted in the specialized AI sector. Leveraging three core technologies—converged communications, interactive AI, and a robust product engine—it empowers enterprise clients to dramatically enhance the efficiency and intelligence of their information exchange and business collaboration. The company’s solutions address every stage of an organization’s communication, decision-making, and execution processes, delivering reliable, comprehensive, and highly effective enterprise-grade interactive AI solutions. On July 10, 2024, ShengTong Technology officially listed on the Hong Kong Stock Exchange (stock code: 02495.HK). As of the latest trading day on April 1, 2025, the company’s share price had surged from its IPO price of HK$152.1 per share to HK$250, representing a remarkable cumulative increase of 64.4%.

Environmental protection