Xunce Revenue Surges 389% as AI Tokenization Drives Growth
Xunce Technology, listed on the Hong Kong exchange (3317.HK), has seen its revenue surge 389% in the first half of this year. The company's revenue growth has been remarkable over the past few years, increasing by 84% in 2023 and 103% in 2025.
However, it was in 2024 that Xunce's revenue really took off, driven by a massive increase in large model usage. The company specializes in data infrastructure for artificial intelligence (AI) and has developed a unique approach to AI tokenization.
Xunce's TokenONE operating system, launched in May this year, refines a company's private data into AI-ready scenario tokens and charges based on usage volume. This new revenue model has been highly successful, with token call ARR experiencing a quarter-over-quarter growth of 300% in April and rising to a quarter-over-quarter growth of 410% by June.
The pricing range for Xunce's vertical scenario tokens is between $10 and $100 per million tokens, which is more than ten times the price of general-purpose large models. This is because Scenario Tokens address specific industry expertise, such as trading logic in financial risk management or manufacturing process expertise.