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Beijing Vantone Real Estate Co Ltd

Vantone Neo Development Group Co., Ltd. operates in the communications and digital technology sectors. It provides switching chips, heterogeneous computing solutions, and custom integrated circuit development services. Founded in 1991, the company is headquartered in Beijing, China.

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Vantone Development subsidiary Shudu Technology quarterly revenue surges over 11-fold quarter-on-quarter

Vantone Development released its 2026 interim report on the evening of August 28. During the reporting period, the company achieved operating revenue of 228.989 million yuan, up 22.49 percent year on year. Among this, controlling subsidiary Shudu Technology recorded revenue of 62.1071 million yuan, an increase of 281.42 percent compared with the same period last year. First-quarter revenue was 4.5968 million yuan, and second-quarter revenue was 57.5103 million yuan, a quarter-on-quarter increase of 1,151.09 percent. Shudu Technology's self-developed high-speed interconnect chip shipment volume continued to rise, and capital support from the parent company worked in tandem to help lift revenue for the period. Vantone Development said it will unswervingly advance its transformation toward hard technology, accelerate the exit of traditional real estate business, and strive to build a leading domestic provider of computing infrastructure chips and solutions.
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