Oman: Ahlibank's rights issue oversubscribed amid strong shareholder demand
This landmark achievement marks a critical milestone for the bank, reinforcing its capital position and affirming shareholders' confidence in the bank's long-term growth strategy. It serves as a clear endorsement of Ahlibank's disciplined approach to transformation, operational agility, and strengthening its standing within an increasingly competitive banking landscape.
More than a financial transaction, the rights issue deepens alignment between shareholders and the bank's strategic vision, ensuring Ahlibank remains well-positioned to deliver sustainable value, drive performance-led growth, and navigate future opportunities with resilience and precision.
The capital raise forms part of a broader capital optimisation initiative aimed at enhancing the bank's financial flexibility and supporting its next phase of development. The funds will be directed towards executing core strategic initiatives and expanding the bank's lending capacity to stimulate business activity. These efforts will contribute to improving capital adequacy ratios, strengthening market resilience, and supporting the bank's objective of delivering superior value to its stakeholders.
This successful issuance not only reinforces confidence in Ahlibank's governance and institutional strength but also highlights the bank's forward-looking strategy. As the operating environment continues to evolve, Ahlibank remains committed to sustainable growth, disciplined execution, and market leadership.
With an enhanced capital structure and a future-oriented outlook, the bank is well-positioned to accelerate its growth trajectory and seize value-accretive opportunities across Oman.
© Apex Press and Publishing Provided by SyndiGate Media Inc. (Syndigate.info).
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AI Large Model Application and Delivery Business Achieves Explosive Growth In 2025, the industrial application of AI large models witnessed explosive growth. In 2025H1, the Group secured orders worth approximately RMB70 million, representing a year-on-year increase of 78 times. In addition, the Company entered into a framework agreement that accounted for more than RMB40 million with a company. Revenue from the AI large model application and delivery business reached approximately RMB26 million, representing a year-on-year increase of 76 times. Through collaborations with Alibaba Cloud, Baidu Intelligent Cloud, NVIDIA, AsiaInfo Security and others, the Group has constructed end-to-end industrial large model solutions covering energy and power, industrial manufacturing, transportation, smart retail, and other large enterprises. The Group has become a partner in Alibaba Cloud's AI Large Model Galaxy Program, jointly developed nearly 100 projects and created numerous benchmark cases for large model delivery. With a robust pipeline of business opportunities, the Group is driving the industrialisation of large models. 5G Private Network and Application Business Continues to Gain Momentum The Group's 5G private network and application business provides an important emerging telecommunications network for energy industries such as the power and mining industries. By providing customised 5G private network products and advanced industry solutions, as well as offering professional one-stop services and turnkey projects, the Group created differentiation in its competitive advantage and became a leading company in the field of 5G private network. In 2025H1, the Group signed orders for the 5G private network and application business amounted to approximately RMB82 million, representing a year-on-year increase of 51.7%, while revenue amounted to approximately RMB47 million, representing a year-on-year decrease of 26.3%, which was mainly attributable to the delay in some nuclear power orders and the delay in revenue recognition. In 2025H2, the Group will expedite order conversion, which is expected to drive rapid performance growth. In terms of nuclear power, in 2025H1, on the basis of maintaining the continued market leadership of CNNC, the Group has successfully achieved a breakthrough in Huaneng Group and signed a contract for the 5G private network project for units 3 and 4 of the Changjiang Nuclear Power Plant in Hainan. Up to this point, the Group's nuclear power 5G private network projects have covered 29 units in seven national nuclear power bases, further consolidating its top one position in the market share of nuclear power 5G private network. In 2025H1, the country's investment in the new nuclear power sector exceeded RMB200 billion, and the Group's 5G private network in nuclear power business is expected to grow continuously. In the field of new energy, the Group continues to make efforts in wind power and photovoltaic markets, and has currently covered more than 210 new energy stations and achieved project breakthroughs for a number of energy group customers. In the field of mining, the Group established an associated company with Zhengzhou Coal Mining Machinery Group Company Limited to explore the new model of "digital and intelligent operation of mines and equipment manufacturing". 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Among them, orders in the finance sector increased significantly by 48.3% year-on-year, orders in the automobile sector increased by 5.3% year-on-year, and orders in the consumer sector increased by 4.4% year-on-year. In the telecommunications sector, the Group leveraged a "scenario + AI Agent" strategy to enhance operational efficiency of clients and drive business revenue growth. Firstly, through joint innovation with operators, the Group supported clients in implementing value-based operations at scale, securing projects such as an intelligent marketing service assistant agent for operators' household customers, an AI solution advisor for government and enterprise clients, and a frontline AI sales assistant. Secondly, the Group actively integrated the rights resources and technical capabilities of leading internet enterprises, and united with operator customers to develop operational innovations in areas such as households and business enterprise customers, and help customers to generate revenue by obtaining projects such as AI intelligent marketing, AI intelligent recommendation, and the introduction of rights to cooperative operations with a carrier. In 2025H1, revenue from digital intelligence-driven operation business reached approximately RMB408 million, representing a year-on-year decrease of 8.8%, primarily driven by increased cost control efforts by operators. However, the business structure continued to improve, with revenue from results-based and commission-based charging models accounting for 33.4%, up by 6.7 percentage points year-on-year. The Group will accelerate order conversion and revenue realisation in 2025H2 to ensure the achievement of full-year targets. ICT Support Business Proactively Responds to Industry Transformation and Accelerates Expansion in New Customers and Projects The Group has clearly positioned itself as a software service provider, acknowledging the structural adjustments occurring in the traditional operator industry while basing itself on its operator's base of business, stabilising the ICT support business in the telecommunications sector, and laying a solid foundation for the Group's overall business enhancement and transformation. In 2025H1, the Group's ICT support business maintained a leading market share, with revenue reaching approximately RMB2,118 million. However, due to factors such as reduced overall investment by operators, revenue declined by 14.7% year-on-year. To offset the downward pressure in the BSS business, the Group implemented a series of measures, including AI empowerment, expansion into new services for existing customers, expansion of new clients, and joint market development in the government and enterprise sector. Meanwhile, the Group continued to restructure its organisational model from an "olive-shaped" to a "pyramid-shaped" structure to reduce delivery costs. The Group also leveraged AI large models and other new tools to empower internal operations to achieve cost reductions and enhance operational efficiency in order to significantly narrow the decline in full-year revenue of the ICT support business. In 2025H1, the Group accelerated the application of AI in the BSS and OSS businesses, and 48 new projects were signed, including the R&D project of an operator's intelligent platform and the project of technological innovation platform, etc. The deployment of AI tool platform exceeded 10 provinces, and more than 10 metahuman projects have been implemented, including product sales and assisted acceptance. In addition, the Group has been steadily sourcing new customers and projects, the first phase of the HKT project has been successfully launched. In terms of joint market development in the government and enterprise sectors, the Group focused on data governance, trusted data space, public services, low altitude economy and other areas, and collaborated with operators to open up the market and break the ceiling of traditional business. Several projects have been successfully delivered, including data governance of an energy central enterprise, digital network of a province's energy bureau, a province's construction supervision and public service platform, a city's health service platform, a province's Forestry and Grassland Bureau's digital forestry platform, and a city's intelligent tourism service platform, among others. Strengthening the Technological Leadership of Products such as Cloud Network and Digital Intelligence In 2025H1, AsiaInfo Technologies continued to focus on the three major product systems of "Cloud Network", "Digital Intelligence" and "IT", comprehensively promoting the evolution and innovation of the product system towards AI Native, and continuously strengthening its technological leadership to provide strong support for the Group's three growth engines. In 2025H1, the Group's R&D investment amounted to approximately RMB415 million, with continued efforts to strengthen technological leadership in cloud and digital-intelligent products. Future Prospects Dr. TIAN Suning, Chairman and Executive Director of AsiaInfo Technologies, said, "We expect the results for 2025H2 to improve significantly compared to 2025H1, and we are determined to achieve our full-year targets by optimising the rhythm of signing contracts. In this regard, the Group will adhere to a steady and progressive development strategy. On one hand, we will continue to consolidate the foundation of our core telecommunications business to promote a steady recovery of our fundamental operations in ICT support business. On the other hand, we will continue to focus on cultivating three core growth engines, including AI large model application and delivery, 5G private network and application, and digital intelligence-driven operation. We will also accelerate our pace of signing contracts, to maintain a stable and healthy annual performance. Meanwhile, we will accelerate the commercialisation of AI large model application and delivery, 5G private network and application business orders, to achieve high performance growth for the year. Combining digital intelligence-driven operation business with AI and intelligent agent technology, we will continue to promote the innovative results-based charging commerce models, and optimise the business structure." [1] Excluding the impact of one-off severance compensation due to personnel restructuring optimisation. [2] Revenue includes revenue from the ICT support business, the AI large model application and delivery business, the 5G private network and application business and the digital intelligence-driven operation business. Hashtag: #AsiaInfo The issuer is solely responsible for the content of this announcement. AsiaInfo Technologies Limited
