ChinaDataPay's token business posts strong growth

ChinaDataPay, a Guizhou-based data technology company, has seen its monthly token consumption surge a thousandfold since launching its token business earlier this year, highlighting the rapid expansion of its AI infrastructure services.

The company reviewed its third-quarter performance and outlined its fourth-quarter priorities at a meeting on Oct 19, held across Guizhou province and Shanghai, with additional venues nationwide.

Its data API business maintained stable operations, while enterprise services continued to underpin overall growth. The internet and fintech sectors made significant contributions, with insurance and transportation emerging as fast-growing segments. The company continued to implement data asset projects and secured procurement agreements with leading industry players for embodied AI data services.

The company's regional data business also expanded, extending its coverage to 18 additional provincial-level regions and cities. Four provincial-level public data products were signed and listed on relevant platforms.

ChinaDataPay is developing an integrated AI infrastructure platform combining data, computing power, and token services. Its three-business model is intended to strengthen synergies across its operations.

Chairman Tang Hanlin called on the company to build on its token business growth, improve talent development and incentive mechanisms, and accelerate project implementation to meet its annual business targets.