Inspur Digital Enterprise Technology's stock plummeted 14.80% at market open, reflecting significant investor reaction to recently disclosed financial performance.
The sharp decline follows the company's announcement of its fiscal 2025 results, which showed profit attributable to owners dropping 38.2% to RMB 240.61 million. Revenue also declined by 10.9% to RMB 7.3 billion for the period, despite the group reiterating its "AI First" strategic push and reporting approximately RMB 660 million in signed AI contract value during the year.
Concurrently, the company announced a share repurchase program authorizing the use of no more than HK$100 million, effective from March 31, 2026, to March 30, 2027. This move, typically viewed as a supportive measure for share prices, appears to have been overshadowed by the negative earnings report in early trading.
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