Pan Asia Data publishes 2025 annual report

• Pan Asia Data published its 2025 annual report, highlighting a sharp slowdown in big data services following non-renewal of a major license contract.
• Management shifted strategy toward a value-driven model, prioritizing SaaS and PaaS platform buildout plus AI-based risk decision capabilities for Chinese financial institutions.
• Group exited third-party payment services in June 2025 via disposal of Pan Asia Data (BVI) to Timenew for HKD 1, ending a segment described as loss-making.
• Cost-cutting accelerated through a flatter organization, a flexible staffing pool, and greater use of elastic cloud computing to reduce fixed expenses.
• Business expansion efforts moved beyond finance into new verticals including education, culture, and telecom operators to reduce reliance on a single industry.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Pan Asia Data Holdings Inc. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260429-12133323), on April 29, 2026, and is solely responsible for the information contained therein.