Jinshan Cloud (03896) AI Cloud continues to break through the Xiaomi Jinshan ecosystem and accelerate the volume of internal and external business

The Zhitong Finance App learned that on August 19, Jinshanyun (KC.US, 03896) released its second-quarter financial report. Revenue increased 30.8% year-on-year to 3.07 billion yuan. Among them, public cloud business revenue was 2.36 billion yuan, an increase of 45.1% over the previous year. AI cloud bill revenue reached 1.33 billion yuan, an increase of 82% over the previous year, accounting for 56% of public cloud revenue.

This quarter, Jinshan Cloud's internal and external growth momentum was strong. As the only strategic cloud platform for Xiaomi Jinshan Ecosystem, Jinshan Cloud firmly grasps the diverse business needs within the ecosystem. Xiaomi Jinshan Ecosystem's revenue reached 810 million yuan, an increase of 28.2% over the previous year, accounting for 26.2% of total revenue.

In addition to ecology, Jinshanyun's AI cloud business has covered the Internet, cutting-edge research institutes and laboratories, embedded intelligence, autonomous driving, AI for Science, etc., to achieve diversified customer structures and business layouts.