Geovis Technology Co Ltd: Resumes Participation in Military Procurement
Geovis Technology Co Ltd, a company listed on the Shanghai Stock Exchange, has recently regained its eligibility to participate in military procurement activities. On June 18, 2025, the company announced that it had completed internal reviews and appeal procedures, resulting in the lifting of a suspension by the military procurement website, “Juncai Wang.” This suspension, which began on May 30, 2025, had temporarily barred the company from engaging in military material engineering service procurement activities. However, the company stated that this suspension did not significantly impact its operational performance.
The resumption of its procurement activities is expected to positively influence Geovis Technology’s normal operations and development. The company’s ability to fully participate in these activities is anticipated to bolster its market position and contribute to its growth trajectory.
Financial Overview
As of June 16, 2025, Geovis Technology’s closing price was 33.42 CNY. The company’s market capitalization stands at 29.66 billion CNY, with a price-to-earnings ratio of 81.7964. Over the past year, the stock has experienced fluctuations, reaching a 52-week high of 50.4765 CNY on November 10, 2024, and a low of 17.1275 CNY on August 28, 2024.
Strategic Developments
In addition to resuming military procurement activities, Geovis Technology is focusing on several strategic initiatives:
Digital Twin Infrastructure: The company is leveraging its cloud services to rapidly build city-level digital twin foundations, enhancing traffic safety and supporting autonomous driving technologies.
Regional Headquarters Development: Efforts are underway to transform the company’s Southeast headquarters into a hub with capabilities in equipment manufacturing, technological innovation, and industrial cultivation.
Cloud Services Growth: The company’s cloud service-oriented second growth curve has attracted 70,199 certified enterprises and developers, marking a phase of sustained growth.
Commercial Aerospace Strategy: Geovis Technology has completed the initial design for a “4+2” commercial aerospace full industrial chain, aiming to enhance its capabilities in this sector.
These strategic moves are part of Geovis Technology’s broader efforts to diversify its business and strengthen its market presence. The company continues to focus on innovation and expansion in various technological domains, positioning itself for future growth opportunities.