Shenzhen Information Management: The overall IT investment growth rate in banks is slowing down, and AI-driven software restructuring will create a brand new market

Editor in Chief of 每经｜Zhao Jingzhi    Editor of 每经｜Wei Guanhong

On April 2, the financial technology company China Shenzhou Information (SZ000555, share price 13.83 yuan, total market capitalization 13.49B yuan) held its 2025 annual results briefing, introducing and interpreting the performance situation from the previous accounting year and addressing questions that investors were concerned about.

Co-chairman Li Hongchun said that over the past two years, affected by the narrowing of bank net interest margins, the overall IT (information technology) spending growth rate in the banking industry has slowed somewhat, but IT solution spending has still remained at a scale of more than 60 billion yuan per year.

2025 results turn losses into profits

The 2025 performance report shows that during the reporting period, China Shenzhou Information achieved operating revenue of 13.16B yuan, up 31.59% year over year, and net profit attributable to shareholders of listed companies of 56.43 million yuan. The reporter noted that in 2024, China Shenzhou Information’s operating revenue decreased 17.03% year over year. Regarding China Shenzhou Information’s turnaround to profitability in 2025, Chief Financial Officer and Secretary to the Board of Directors Liu Weigang said there were mainly three factors.

First, the growth in revenue scale is the foundation for turning losses into profits. Second, the company’s asset quality has improved. In an environment facing relatively significant challenges for survival, the company strengthened management of accounts receivable, and in 2025 the company’s bad-debt provisioning for accounts receivable saw a substantial decline. Third, in 2024 the company accrued more than 300 million yuan of goodwill, and in 2025 the amount of this accrual decreased by more than 200 million yuan.

Regarding the new trend in how financial institutions allocate IT budgets and the demand for intelligent solutions, Li Hongchun said that from the perspective of industry investment, there are several clear trends. First, intelligentization investment has become the core of incremental budget. Banks’ AI deployments have shifted from initial trials of single-point technologies to deep integration with real business needs such as financial industry risk control and operational management.

Second, budget allocation is becoming more refined. Resources are prioritized toward the construction of sales-oriented and management-oriented system projects. By relying on informatization development, the company improves business execution efficiency, strengthens internal controls, and precisely implements cost-reduction and efficiency-improvement goals.

Third, mid-sized banks are investing more actively. They increase resource tilt toward strategic directions such as AI (artificial intelligence) digital upgrades, becoming a key driving force for demand for IT solution offerings.

Regarding these changes, Li Hongchun said that China Shenzhou Information will, first, continue to increase R&D investment in the AI field, focusing on breakthroughs and deployment of finance-oriented, scenario-based AI technologies to meet the core needs of the industry’s intelligent transformation. Second, it will focus on the whole industry’s needs for cost reduction, efficiency improvement, and business innovation, and deepen value-oriented solutions tailored to the realities of different types of banks. Third, it will remain committed to deeply tapping the mass market, further increasing the depth of cooperation with leading clients, and strengthening partnership stickiness.

AI special development fund set up in units of 100 million yuan

Since OpenAI launched ChatGPT in 2022, the AI industry has made major progress and has gradually become a core force driving change across industries, but it has also created challenges for some industries. Among them, the software industry has been hit first.

“We have been paying close attention to and tracking the impact of global AI on the development trends of the software industry,” said Xu Qichang, president of China Shenzhou Information, at the results briefing, noting that in the process of domestic banking industry AI transformation, banks will inevitably face large-scale reconstruction of financial software driven by AI.

Xu Qichang pointed out that AI-driven software reconstruction will bring entirely new incremental value and a new market. This market cannot be solved by standard software alone; it requires vendors who understand financial industry business processes, product design, numerical standards, and regulatory rules to implement it. As a company that has long been deeply involved in the financial industry, China Shenzhou Information believes that, overall, this is a positive development.

“However, there is also a risk and challenge: whether our AI capabilities and technologies can keep up with the times.” Xu Qichang said that in 2026 China Shenzhou Information will establish an AI special development fund in units of 100 million yuan, with the goal of making AI tools usable by everyone and enabling everyone to develop AI applications.

Cover image source: 每经 media resource database