BeijingAI software fell from 76.5% of DataCanvas revenue to 0.1%.

Software-service revenue shrank from RMB81.3 million in 2023 to under RMB500,000 in early 2026.

Total revenue rose from RMB106.2 million to RMB1.10 billion by 2025 as it shifted to computing infrastructure and cloud services.

Its Hong Kong filing, lodged 29 September, awaits a listing decision.

How each outlet framed it
TechNode
traces DataCanvas's pivot from software to compute infrastructure, showing AI software revenue falling from 76.5% to 0.1% while total revenue grew

Sources: TechNode