Teamsun Technology
Teamsun Technology offers IT applications and services for the development of computer information systems.
| Date | Investors | Amount | Round |
|---|---|---|---|
| N/A | €0.0 | round | |
JPY470m | Post IPO Equity | ||
| Total Funding | 000k | ||
| CNY | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | - | (12 %) | (15 %) | (3 %) | 7 % | 2 % | 3 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | 1 % | 13 % | 28 % | 13 % | 1 % | - | 6 % |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | (4 %) | 4 % | 3 % | 1 % | (8 %) | (5 %) | 1 % |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| R&D % of revenue | - | 4 % | 5 % | 5 % | 4 % | 4 % | 3 % |
Source: Company filings or news article
In 1998, a group including Hu Liankui and Wang Weihang founded Teamsun Technology in Beijing. The company started with a focus on becoming a comprehensive IT service provider in China. Their strategy involved not just software development but also system integration and IT consulting, positioning them to capitalize on the country's rapid technological growth. A major turning point came in April 2004, when Teamsun Technology successfully launched its Initial Public Offering on the Shanghai Stock Exchange. This event provided a significant capital infusion, fueling the company's expansion and diversification. Over the years, Teamsun broadened its expertise to include cloud computing, big data, and the Internet of Things, serving a wide array of industries from finance to government. In 2009, the company made a strategic move by acquiring a majority stake in the Hong Kong-listed Automated Systems Holdings Limited, further extending its reach. This acquisition was part of a larger strategy to build a robust portfolio and enhance its service offerings. Today, Teamsun Technology stands as a significant player in China's IT landscape, providing integrated digital solutions and services to a global clientele.
