Thundering Tech 2025 Performance Brief: Revenue exceeds 3 billion, total profit increases by 24.64% year-on-year

On February 25th, Leishen Technology, a listed company on the Beijing Stock Exchange, disclosed its 2025 annual performance forecast. The report shows that the company’s total revenue for the year reached 3.042 billion yuan, maintaining year-over-year growth for three consecutive years; total profit was 27.98 million yuan, a significant increase of 24.64% year-over-year, reaching a new high since the company’s listing.

Thanks to the continuous optimization of sales structure, the coordinated efforts across three major business sectors, and the deepening of global expansion, the company’s key financial indicators have all improved. Profitability and risk resistance have continued to strengthen, fully confirming the strategic layout of “e-sports + innovation-driven” dual engines and AI hardware empowerment for growth. The company has entered a new stage of high-quality development with stronger momentum and better efficiency.

As the core foundation of Leishen Technology, the e-sports equipment segment continues to consolidate its leading advantage across all scenarios. Relying on the ongoing implementation of cutting-edge technologies such as XingShan and Hummingbird screens, combined with the industry boom driven by the rising trend of e-sports and sports integration, the company’s comprehensive e-sports product matrix has maintained strong market performance. Core products like gaming laptops remain highly popular and recognized in the market. Meanwhile, the company’s e-sports ecosystem is gradually deepening: the number of signed e-sports hotel stores nationwide has exceeded 225, demonstrating initial scale effects; the自主IP赛事“雷神杯·ACL” covers over 150 cities and more than 1,000 universities, attracting over 100,000 participants, with industry influence continuously expanding. The rapid development of e-sports derivative scenarios injects sustained momentum into hardware consumption, further solidifying the company’s leading position in the all-scenario e-sports field.

As the second growth curve of Leishen Technology, the Innovation and Creativity (信创) sector is entering a fast lane of scale and high quality development. 2025 is a critical year for the domestic replacement of government and party office informatization, with a peak in industry-wide substitution. Leveraging years of technical advantages and project experience, Leishen Technology continues to expand the application depth and breadth of信创 products in key sectors such as government agencies, finance, energy, education, and healthcare, with over 300 projects won. In the context of higher cybersecurity requirements in the era of large models, the自主可控 (independent and controllable) advantages of Leishen’s信创 products are increasingly prominent; combined with the company’s “Double Hundred Plan” (building 100 gold-standard代理商 and 100 industry-leading users), this solid foundation supports sustained growth of the信创业务.

The rapid rise of AI hardware is becoming a new engine for Leishen Technology’s performance growth. In early 2025, domestically developed AI large models represented by DeepSeek continued to be popular, accelerating AI from “software-defined” to “hardware-supported” evolution. As the core direction of the third generation of PC industry upgrades, AI PCs and smart glasses that support new human-computer interaction scenarios have quickly become industry hotspots. Leishen Technology focuses on the deep integration of AI technology and high-performance hardware, pioneering the construction of a full-stack product ecosystem of “AI PC + AI smart glasses + Leishen AI intelligent agent,” precisely positioning itself in the core AI hardware track. Market-wise, the AI smart glasses series launched by Leishen Technology in 2025 sold out multiple times upon release, validating the strong market demand for “AI + hardware.” Relying on deep industry chain cooperation with leading partners, the company is accelerating the完善AI智能眼镜生态布局, aiming to seize global market opportunities and open new growth space.

Significant improvement in profit performance and continuous enhancement of盈利质量 are the results of Leishen Technology’s multi-dimensional systematic optimization. On the supply chain side, the company has established core raw material reserves and dynamic management mechanisms, using forward-looking stocking to hedge against component price fluctuations; in terms of product structure, revenue from high-value-added AI hardware and high-end e-sports equipment has steadily increased, effectively promoting operational efficiency and profitability.

Looking ahead to 2026, the penetration rate of AI PCs is expected to accelerate, with smart glasses becoming a high-potential emerging consumer electronics sector; the demand for信创替代 is extending to central enterprises and local state-owned enterprises, continuously expanding market space; the process of sportsification and industrialization of the e-sports industry is speeding up, with an increasingly完善的生态. Against this backdrop, leveraging clear strategic focus and solid fundamentals, Leishen Technology is expected to continue delivering growth in the new year, achieving a new cycle of profit and valuation improvements.