Shanghai Securities News | QuantumCTek: Net Profit Attributable to Parent Turns Positive in 2025; Annual R&D Investment Exceeds RMB 100 Million
Shanghai Securities News, www.cnstock.com (Reporter Liu Yifeng) — On the evening of March 24, QuantumCTek released its 2025 annual report. This is the company's first annual report since it was controlled by China Telecom. During the reporting period, the company recorded operating revenue of RMB 310 million, up 22.53% year-on-year; net profit attributable to shareholders of the listed company was RMB 5.3919 million, reversing losses year-on-year. Annual R&D investment reached RMB 123 million, up 32.42% year-on-year, accounting for 39.7% of operating revenue.
QuantumCTek is one of the few companies globally with scalable and industrialized capabilities across the three major fields of quantum communication, quantum computing, and quantum precision measurement. During the reporting period, revenue from its quantum computing business reached RMB 120 million, up 111.82% year-on-year; quantum communication business revenue totaled RMB 140 million; and quantum precision measurement business revenue amounted to RMB 38.1441 million.
Specifically, quantum communication is one of the most commercially advanced quantum information technologies. During the reporting period, the company made breakthroughs in products such as miniaturized QKD terminals, QKD based on photonic quantum chips, and miniaturized satellite ground stations. These technologies supported quantum-encrypted image transmission over a distance of 12,900 kilometers between China and Africa, setting a new global record.
Based on technological and product breakthroughs, QuantumCTek has supported China Telecom in building quantum-secure infrastructure at scale across 40 key cities nationwide, and has cooperated with companies such as State Grid, China Southern Power Grid, and Bank of Communications in sectors including energy and finance. In terms of quantum secure application products, the "quantum secure voice and messaging service", for which the company provides specialized technical services, has registered over 6 million users, with the relevant platform capable of supporting over 10 million users. Proprietary products such as "QuantumBuds", "QuantumCTek Secure Storage", and "Quantum-Enhanced Secure Gateway" have also been gradually introduced to the market.
In the field of quantum computing, QuantumCTek focuses on cutting-edge technologies and improves the domestic industrial chain, with steady growth in revenue from component products. As the only corporate participant, the company took part in experiments related to "quantum supremacy" and "quantum error correction" on the "Zuchongzhi 3" superconducting quantum computer. It has launched components such as ultra-large cooling capacity dilution refrigerators and thousand-qubit room-temperature electronic measurement and control systems, with performance indicators reaching internationally advanced levels. In addition, the company has provided complete system integration services for China Telecom Quantum Group and the Hefei Advanced Computing Center.
Notably, QuantumCTek has made breakthroughs in its international quantum computing business, delivering the complete 25-qubit superconducting quantum computer to overseas customers, and actively exploring applications of quantum computing in fields such as fintech, new drug development, and meteorological forecasting.
In the field of quantum precision measurement, the company has made progress in iteration, upgrade and application validation of products and components such as cold atom gravimeters, miniaturized single-photon imaging radar, and deeply cooled free-running single-photon detectors.
QuantumCTek stated that it will continue to focus on the construction of quantum communication infrastructure such as metropolitan area networks and backbone networks, deepen the integration of quantum communication with classical communication networks, and enhance its integrated capabilities in "communication, computing, and security". In quantum computing, the company will continue to invest in core components, improve the autonomy and controllability of the industrial chain, develop high-level quantum computers, and advance cloud platforms and algorithms. In quantum precision measurement, it will promote the localization of core components and complete system integration.
In addition, QuantumCTek will continue to strengthen efforts in building benchmark application scenarios, accelerating overseas market expansion, and enhancing industrial chain collaboration, promoting quantum technology to support the development of new quality productive forces and empower high-quality economic and social development.