CITIC Securities: Xunce (03317.HK) Profit Inflection Point Imminent, AI Agent Demand Detonates Real-time Data Infrastructure Market

AI Data Agent Leader Xunce Technology (03317.HK) Continues to Attract Top Institutional Attention After Listing in Hong Kong Stocks

Following coverage by major banks such as Deutsche Bank, Guotai Haitong, and others, CITIC Securities recently released a research report, initiating coverage of the company with an “Overweight” rating. Multiple leading sell-side institutions have expressed bullish views, highlighting the market’s consensus on its long-term value as a “Data Infrastructure + Enterprise AI Application Platform.”

Clear Growth Path Similar to Palantir, Profit Turning Point Near

Several major banks compare Xunce Technology to Palantir.

Unlike many vendors that only cover single points, Xunce Technology, like Palantir, is one of the few companies capable of providing a complete solution from data acquisition, cleaning, and standardization to data modeling, real-time computing, and intelligent agent applications with large model tuning.

CITIC Securities’ report further illustrates Xunce’s rapid expansion phase, referencing Palantir’s quick revenue and customer base growth as a case study.

According to CITIC Securities’ forecasts, Xunce’s revenue will reach 1.28 billion RMB in 2025, 2.33 billion RMB in 2026, and 3.45 billion RMB in 2027, with year-over-year growth rates of 103%, 82%, and 48%, respectively. The more critical inflection point is profitability; the report predicts the company will achieve a net profit of 272 million RMB in 2026, turning profitable, and further increase net profit to 841 million RMB in 2027. This marks the beginning of scale effects and a maturing business model.

The company has outlined several future growth paths, including deepening existing client relationships, expanding its customer base, enhancing professional solutions tailored for AI applications, horizontally expanding into adjacent markets such as telecommunications and energy, and initiating overseas expansion, significantly raising growth ceilings.

AI Agent Demand Explodes, Real-Time Data Market Enters Golden Window

The report emphasizes that the explosive popularity of OpenClaw signifies a paradigm shift for AI Agents from conversational interaction to task-oriented execution. When intelligent agents need to call external APIs in real-time, continuously read/write memory, and dynamically load skill modules, the timeliness of data flow, reliability of storage, and governance standards become critical variables affecting agent performance.

Xunce has responded swiftly by launching the FeedClaw platform, covering the entire market with a full suite of products designed to provide high-quality “bait” for AI intelligent agents. Its core capabilities not only include efficient data processing but also high-security features such as access permissions and data auditing for enterprise data integration, ensuring “safe shrimp farming.”

Meanwhile, current market penetration remains very low. In 2024, China’s real-time data infrastructure and analytics market has an overall penetration rate of only about 3.6%, indicating that enterprise-level real-time data systems are still in the early stages, with enormous growth potential ahead.

As a leading provider of essential data infrastructure in the AI era, Xunce Technology’s ability to securely and in real-time deliver high-quality data addresses key pain points for AI agents penetrating core enterprise processes. Its strategic positioning continues to demonstrate significant value.

Beyond fundamentals, the company was officially included in the Hong Kong Stock Connect on March 9, 2026. With the AI Agent industry catalyzed and capital flows changing, the company’s stock price has continued to rise this year, with a cumulative increase of over 180%, and its market capitalization once surpassed HKD 55 billion.