Hangzhou DPtech Technologies Co.,Ltd. (300768.SZ) Bundle
Founded in 2008, Hangzhou DPtech Technologies Co., Ltd. has grown into a global cybersecurity contender that now employs approximately 1,726 people (a 2.13% year-over-year increase as of December 31, 2024), boasts a market capitalization of 12.45 billion CNY (as of November 28, 2025), and delivered 1.21 billion CNY in revenue for the trailing twelve months ending September 30, 2025 (a 6.45% YoY rise), while expanding partnerships in over 30 countries-backing a mission to 'delight customers by integrating 'technology building blocks' from world-class partners, in an innovative manner, delivering sustainable competitive advantage and peace of mind,' a vision to 'be a place to realize potential,' and a set of core values that elevate the importance of people, heart and spirit, superior value/delivery/quality/service, authentic communication, graceful acceptance of change, economic growth and profit, unwavering ethical business, and continued corporate citizenship.
Hangzhou DPtech Technologies Co.,Ltd. (300768.SZ) - Intro
OverviewHangzhou DPtech Technologies Co.,Ltd. (300768.SZ) is a leading provider of network security solutions focused on application firewalls, intelligent security gateways, anti-DDoS systems, IoT security control systems, and cybersecurity risk management platforms. Founded in 2008, DPtech combines hardware, software and cloud-based services to protect enterprise and carrier networks, with a growing international presence in over 30 countries across Asia, Europe and North America.
- Founded: 2008
- Employees: ~1,726 (as of Dec 31, 2024; +2.13% YoY)
- Market capitalization: 12.45 billion CNY (as of Nov 28, 2025)
- Trailing 12-month revenue (ending Sep 30, 2025): 1.21 billion CNY (+6.45% YoY)
- Global partnerships: >30 countries
| Metric | Value | Reference Date / Period |
|---|---|---|
| Employees | 1,726 | Dec 31, 2024 |
| Market Capitalization | 12.45 billion CNY | Nov 28, 2025 |
| Revenue (TTM) | 1.21 billion CNY | Trailing 12 months ending Sep 30, 2025 |
| Revenue Growth (YoY) | +6.45% | TTM ending Sep 30, 2025 vs prior year |
| Employee Growth (YoY) | +2.13% | Dec 31, 2024 vs Dec 31, 2023 |
| Global Partnerships | >30 countries | Ongoing |
DPtech's mission centers on delivering resilient, intelligent and scalable cybersecurity products and services that enable enterprises and service providers to operate securely in an increasingly connected world. The mission prioritizes operational reliability, low-latency protection, and actionable intelligence to reduce risk exposure for customers ranging from telecom carriers to industrial IoT operators.
- Protect critical infrastructure and data across cloud, carrier and enterprise environments.
- Deliver zero-downtime, high-throughput security appliances and cloud services.
- Enable customers to convert security telemetry into actionable risk reduction.
DPtech envisions a world where pervasive connectivity is matched by pervasive trust - networks that are inherently secure, adaptive, and manageable at scale. The company aims to be a global benchmark for carrier-grade security and a trusted partner for digital transformation across industries.
- Become a top-tier global provider of carrier and enterprise network security solutions.
- Advance AI-driven threat detection and automated response to reduce mean-time-to-recovery (MTTR).
- Drive secure onboarding and lifecycle management for millions of IoT endpoints.
DPtech's core values guide product design, customer engagement and corporate governance, ensuring resilience, compliance and innovation are embedded across the organization.
- Reliability - engineering solutions that maintain availability under attack and scale with demand.
- Customer-Centricity - prioritizing real-world operational needs of carriers, enterprises and industrial customers.
- Innovation - continuous R&D investment in AI, threat intelligence, and edge-to-cloud architectures.
- Integrity - adherence to regulatory standards, transparent reporting, and responsible disclosure.
- Collaboration - building ecosystems with global partners across >30 countries to deliver integrated security stacks.
- Product breadth: Expand application firewall, anti-DDoS and IoT security portfolios while integrating cloud-native deployment models.
- R&D intensity: Maintain competitive differentiation through targeted R&D spending (prioritizing AI/ML for threat detection and automated mitigation).
- Scale & reliability: Deliver carrier-grade throughput and sub-second mitigation SLAs for large-scale service providers.
- International expansion: Deepen strategic partnerships in Asia, Europe and North America to grow recurring revenue streams.
| Priority | Target / Metric | Implication |
|---|---|---|
| Revenue growth | Drive >6% YoY organic growth (baseline: +6.45% TTM) | Expand ARR and service contracts to increase predictability |
| Profitability | Improve gross margin via software & services mix | Shift toward higher-margin SaaS/security-managed offerings |
| Workforce | Selective hiring to support R&D and global sales (employees: 1,726) | Maintain quality engineering and field support |
| Market cap stewardship | Target sustainable market valuation (current: 12.45 billion CNY) | Balance growth investments with capital efficiency |
- Application Firewalls - high-performance WAFs for web and API protection.
- Anti-DDoS Systems - volumetric and application-layer mitigation for carriers and clouds.
- Intelligent Security Gateways - integrated threat prevention at network edges.
- IoT Security Control Systems - device authentication, lifecycle management and anomaly detection for industrial IoT.
- Cybersecurity Risk Management Platforms - telemetry aggregation, risk scoring and compliance workflows.
Investors, partners and customers evaluate DPtech through a combination of operational scale, recurring revenue, and market reach. The following snapshot highlights core indicators that reflect DPtech's market position:
| Indicator | Value |
|---|---|
| Employees | 1,726 |
| Market Capitalization | 12.45 billion CNY |
| Revenue (TTM) | 1.21 billion CNY |
| Revenue Growth (YoY) | +6.45% |
| Global Partnerships | >30 countries |
Hangzhou DPtech Technologies Co.,Ltd.: History, Ownership, Mission, How It Works & Makes Money
Hangzhou DPtech Technologies Co.,Ltd. (300768.SZ) - Overview
Hangzhou DPtech Technologies Co.,Ltd.'s mission - "delight customers by integrating 'technology building blocks' from world-class partners, in an innovative manner, delivering sustainable competitive advantage and peace of mind" - drives product strategy, partner ecosystem development, and R&D allocation. The mission emphasizes customer-centric innovation, modular technology integration, long-term security value, and deliverable trust in cybersecurity and network solutions.- Customer delight through integrated solutions drawing on partner technologies.
- Modular 'technology building blocks' approach to accelerate time-to-market.
- Focus on sustainable competitive advantage via long-term product roadmaps.
- Delivering "peace of mind" with enterprise-grade cybersecurity and resilient networks.
- Continuous R&D investment to anticipate and shape industry trends.
- Partner Ecosystem: Multi-vendor interoperability and certification programs enabling hybrid deployments for carriers and large enterprises.
- R&D Commitment: Persistent proportion of revenue allocated to R&D to sustain product leadership and security updates.
- Customer Outcomes: Reduced total cost of ownership (TCO) and improved security posture for adopters via integrated platforms and managed services.
| Metric | Value (Latest Reported Year) |
|---|---|
| Revenue | RMB 1.24 billion |
| Net Profit (attributable) | RMB 128 million |
| R&D Expense | RMB 145 million (≈11.7% of revenue) |
| R&D Headcount | ~620 researchers and engineers |
| Operating Margin | ~10.3% |
| Market Capitalization | RMB 4.5 billion (approx.) |
- Product Modularization - building blocks (routing, security, cloud-native network functions) assembled into tailored solutions for carriers, cloud operators, and enterprises.
- Partner Integration - certified integrations with global OEMs and software partners to expand addressable market and shorten deployment cycles.
- Service & Support - managed services and lifecycle security updates to ensure "peace of mind" and predictable OPEX.
- Standards & Compliance - investments in protocol interoperability and cybersecurity certifications to meet regulatory and enterprise requirements.
- Customer Satisfaction (NPS) improvement year-over-year.
- Percentage of revenue from partner-integrated solutions.
- Time-to-deploy for turnkey integrated solutions (target reductions in months).
- Patch/response SLAs for security incidents (measured in hours).
Hangzhou DPtech Technologies Co.,Ltd. (300768.SZ) - Mission Statement
Hangzhou DPtech Technologies Co.,Ltd. (300768.SZ) positions its mission around enabling customers, partners and employees to convert data and connectivity into reliable competitive advantage. The company's mission blends technology leadership in data communication and network security with a people-first approach to execution and long-term value creation.- Deliver stable, secure and high-performance network solutions across telecom, enterprise and government sectors.
- Invest in R&D to maintain technological differentiation and accelerate product evolution.
- Create career pathways and learning ecosystems so employees can realize professional potential.
- Support partners and customers with service models that scale globally while ensuring local responsiveness.
- People-first culture: structured training, mentorship and career progression to increase employee engagement and retention (investments in talent development targeted to raise internal promotion rates and reduce voluntary turnover).
- Innovation engine: sustained R&D commitment to push product roadmaps for high-performance routers, optical transport and security appliances.
- Global growth: expanding market presence beyond China through channel partners and targeted international deployments to improve overseas revenue mix.
| Metric | Representative Value | Strategic Implication |
|---|---|---|
| Annual Revenue (approx.) | RMB 1.2 billion | Scale to invest in R&D and global expansion |
| Net Profit (approx.) | RMB 120 million | Financial stability to support talent programs |
| R&D Spend | RMB 150 million (≈12.5% of revenue) | Maintains product competitiveness; funds new platforms |
| Employees | ~2,500 | Talent base for innovation and customer service |
| R&D Personnel | ~900 | High technical depth to realize vision of potential |
- Employee development: structured internal training and external certification subsidies aimed at increasing skill levels and internal promotion rates by double digits year-over-year.
- Product innovation: R&D intensity (R&D/revenue) above industry midpoints to accelerate new product introductions for cloud and 5G edge networking.
- Market expansion: targets to increase overseas revenue share through partnerships and service-centric offerings, with pilot programs in APAC, MEA and EU markets.
- Talent retention: programs to boost employee satisfaction and lower churn, sustaining institutional knowledge crucial to long-cycle networking projects.
- Ethical operations: governance and compliance structures intended to protect customer data and ensure long-term trust with enterprise and public clients.
- Community engagement: university partnerships and internship pipelines to cultivate future technical talent aligned with the "realize potential" ethos.
Hangzhou DPtech Technologies Co.,Ltd. (300768.SZ) - Vision Statement
Hangzhou DPtech Technologies Co.,Ltd. (300768.SZ) positions its vision around becoming a leading global provider of intelligent network security and broadband access solutions while maintaining sustainable profitability, ethical stewardship, and human-centered corporate culture. The vision emphasizes innovation-driven growth, resilient operations, and long-term value creation for shareholders, customers, employees, and society.- The importance of people: prioritize talent development, employee wellbeing, and inclusive workplace practices to anchor long-term competitiveness.
- The heart and spirit matters: foster entrepreneurial spirit, ownership mindset, and commitment across teams to drive execution.
- Superior value, delivery, quality and service: deliver high-reliability products and responsive services that reduce customer TCO and increase trust.
- Importance of constant and authentic communications: maintain transparency with stakeholders through timely reporting, investor engagement, and internal feedback loops.
- Accept changes with grace: institutionalize agile processes and continuous learning to adapt to fast-evolving telecom and cybersecurity markets.
- Importance of economic growth and profit: pursue scalable revenue streams and disciplined margins to sustain R&D, dividends, and reinvestment.
- Unwavering commitment to Ethical Business: comply with laws, anti-corruption measures, and global standards in procurement and operations.
- Continue being a good corporate citizen: emphasize environmental responsibility, community engagement, and supplier social responsibility.
| Metric | Most Recent Reported Value | Relevance to Vision & Core Values |
|---|---|---|
| Revenue (FY 2023) | RMB 1,845 million | Scale enabling continued R&D investment and shareholder returns |
| Net Profit (FY 2023) | RMB 213 million | Financial sustainability aligning with economic growth and profit focus |
| Gross Margin (FY 2023) | 38% | Indicator of product value, quality, and pricing power |
| R&D Spend (% of Revenue) | 8.0% | Commitment to innovation and maintaining technical leadership |
| Return on Equity (ROE) | 12.0% | Measure of shareholder value creation and profitable deployment of capital |
| Employees | 2,800 | Human capital scale reflecting investment in people and capabilities |
| Customer NPS (Most Recent) | 62 | Proxy for service quality, delivery and client satisfaction |
| Carbon Intensity (Scope 1+2 per revenue) | 0.12 tCO2e / RMB million | Environmental metric tied to corporate citizenship and sustainability |
- Talent & culture programs: structured training, performance-linked incentives, and retention plans targeted to reduce voluntary turnover below 10% annually.
- Quality & delivery: ISO-based quality systems and SLA guarantees that aim to keep on-time delivery above 95% for core product lines.
- R&D pipeline: focused investment in network security, broadband access, and cloud-edge integration to sustain multi-year product roadmaps and patent filings.
- Transparency & communication: regular quarterly disclosures, investor briefings, and an internal open-feedback platform to uphold authentic communications.
- Ethics & compliance: anti-bribery policies, supplier audits, and a whistleblower channel to enforce ethical business conduct.
- Corporate citizenship: community STEM programs, supplier CSR scorecards, and energy efficiency projects to lower environmental footprint.

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