Ruijie Networks Co., Ltd. listed on Shenzhen Stock Exchange ChiNext board on 21 November 2022.
Since Ruijie’s establishment 20 years ago, Ruijie Networks has always maintained a steady growth trend, with increasing revenue scale all the time. From 2019 to 2021, the compound growth rate of operation revenue reached 32.68%. In the first half of 2022, the operation revenue increased by 34.19% compared with the same period of 2021. Ruijie keeps ranking top 3 in the network equipment and cloud desktop business markets.
In the network equipment field, Ruijie Networks achieves rapid growth for many years. From 2019 to 2021, the compound growth rate of the network equipment revenue reached 33.4%, which is much higher than the industry average growth rate of 9.8% (data source: IDC). Ruijie Networks keeps a leading role in the innovation and upgrade of data center networks and has a compound growth rate up to 55.8% in the data center switch market in the past three years, which is much higher than the industry average growth rate of 15.6% (data source: IDC). In addition, Ruijie Networks intensively researches wireless network user scenarios, solves difficulties in application in complex scenarios, and helps customers realize business innovation and gain a leadership in the market. According to IDC data, Ruijie Networks ranks first in China’s enterprise-level WLAN market shipment in 2021.
In the network security field, as a pioneer and practitioner of “network + security”, Ruijie Networks helps users move towards a more secure network architecture. The network security products of Ruijie Networks serve more than 10,000 customers in government, finance, education and other industries.