Core Viewpoint - Beijing Qing Cloud Technology Group Co., Ltd. has been approved for its initial public offering and listing on the Science and Technology Innovation Board, with ongoing sponsorship supervision by China International Capital Corporation until December 31, 2024 [1][2]. Group 1: Company Overview - Company Name: Beijing Qing Cloud Technology Group Co., Ltd. [2] - Stock Code: 688316.SH [2] - Registered Capital: 47.799688 million yuan [2] - Listing Date: March 16, 2021 [2] - Legal Representative: Huang Yunsong [2] - Actual Controllers: Huang Yunsong, Lin Yuan, Gan Quan [2] Group 2: Sponsorship Work Overview - The sponsor actively coordinated with various intermediaries during the due diligence period and ensured compliance with relevant laws and regulations [4]. - The sponsor provided continuous supervision and guidance to the company, focusing on financial internal control and accounting practices [5]. Group 3: Major Events During Sponsorship - The company received warning letters from the Shanghai Stock Exchange and Beijing Securities Regulatory Bureau due to accounting errors in revenue recognition, leading to adjustments in financial reporting [6]. - A violation of share reduction commitments occurred when a shareholder sold shares without prior notice, resulting in an apology and commitment to improve compliance [6]. - The company has not achieved profitability since its listing, with cumulative losses amounting to -115.51427 million yuan by the end of 2024, primarily due to high capital expenditures and intense competition in the cloud computing industry [7]. Group 4: Financial Management and Fund Usage - The company approved the use of 12.34064 million yuan of raised funds to replace pre-invested self-raised funds and issuance costs [8]. - The company has engaged in cash management of temporarily idle raised funds, with a maximum of 600 million yuan allocated for safe and liquid investment products [9]. - As of December 31, 2023, the balance of temporarily idle raised funds in large deposits was 50 million yuan [10]. Group 5: Project Status and Fund Allocation - The company decided to extend the expected usable status date for several projects to March 2025 to ensure steady implementation and reduce risks [11]. - All fundraising projects have reached their expected usable status, and surplus funds totaling 2.5255 million yuan will be permanently allocated to supplement the company's working capital [12].

中国国际金融股份有限公司 关于北京青云科技集团股份有限公司 上海证券交易所： 根据《证券发行上市保荐业务管理办法》《上海证券交易所科创板股票上市 规则》等有关法律、法规的规定，中国国际金融股份有限公司（以下简称"中金 公司"或"保荐机构"）作为正在履行北京青云科技集团股份有限公司（以下简 称"青云科技"或"公司"）持续督导工作的保荐机构，对公司自 2024 年 1 月 了现场检查，现就现场检查的有关情况报告如下： 一、本次现场检查的基本情况 （一）保荐机构：中国国际金融股份有限公司 （二）保荐代表人：王鹤、李振 （三）现场检查时间：2025 年 4 月 18 日 现场检查人员查阅了公司治理文件及相关会议纪要，与指定网络披露的相关 信息进行了对比和分析，并就公告内容与公司实际情况进行了对照。 （四）现场检查人员：李振、季凯 （五）现场检查内容：公司治理及内部控制、信息披露、独立性、与关联方 的资金往来、募集资金使用情况、关联交易、对外担保、重大对外投资及公司经 营状况等。 （六）现场检查手段 对公司相关部门负责人员就公司经营情况、业绩表现、持续亏损原因及相应 整改措施进行访谈；查阅公司公告、公司治理文件、重大合 ...

一、本次现场检查的基本情况 中国国际金融股份有限公司 关于北京青云科技集团股份有限公司 2024 年度持续督导工作现场检查报告 上海证券交易所： 根据《证券发行上市保荐业务管理办法》《上海证券交易所科创板股票上市 规则》等有关法律、法规的规定，中国国际金融股份有限公司（以下简称"中金 公司"或"保荐机构"）作为正在履行北京青云科技集团股份有限公司（以下简 称"青云科技"或"公司"）持续督导工作的保荐机构，对公司自 2024 年 1 月 1 日至 2024 年 12 月 31 日（以下简称"本持续督导期"）的规范运作情况进行 了现场检查，现就现场检查的有关情况报告如下： （一）保荐机构：中国国际金融股份有限公司 （二）保荐代表人：王鹤、李振 （三）现场检查时间：2025 年 4 月 18 日 （四）现场检查人员：李振、季凯 （五）现场检查内容：公司治理及内部控制、信息披露、独立性、与关联方 的资金往来、募集资金使用情况、关联交易、对外担保、重大对外投资及公司经 营状况等。 （六）现场检查手段 对公司相关部门负责人员就公司经营情况、业绩表现、持续亏损原因及相应 整改措施进行访谈；查阅公司公告、公司治理文件、重大合 ...

中国国际金融股份有限公司 关于北京青云科技集团股份有限公司 首次公开发行股票并在科创板上市之持续督导保荐总结报告 书 经中国证券监督管理委员会（以下简称"中国证监会"）《关于同意北京青 云科技股份有限公司首次公开发行股票注册的批复》（证监许可[2021]351 号） 核准并经上海证券交易所同意，北京青云科技集团股份有限公司（以下简称 "青云科技"或"公司"或"上市公司"）获准在上海证券交易所上市。 二、保荐机构基本情况 | 保荐机构名称 | 中国国际金融股份有限公司 | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | | 注册地址 | 北京市朝阳区建国门外大街 层 | 1 | 号国贸大厦 | 2 座 | 27 | 层及 | 28 | | | 北京市朝阳区建国门外大街 | 1 | 号国贸大厦 | 2 座 | 27 | 层及 | 28 | | 办公地址 | 层 | | | | | | | | 法定代表人 | 陈亮 | | | | | | | | 保荐代表人 | 王鹤、李振 | | | | | | | 三、上市公司的基本情况 | 公司名称 ...

中国国际金融股份有限公司 关于北京青云科技集团股份有限公司 2024 年度持续督导跟踪报告 根据《证券发行上市保荐业务管理办法》《上海证券交易所科创板股票上市规则》 《上海证券交易所上市公司自律监管指引第 11 号——持续督导》等有关法律、法规的 规定，中国国际金融股份有限公司（以下简称"保荐机构"）作为北京青云科技集团股 份有限公司（以下简称"青云科技"或"公司"）持续督导工作的保荐机构，负责青云 科技上市后的持续督导工作，并出具本持续督导年度报告书。 | 序号 | 工作内容 | 完成持续督导情况 | | --- | --- | --- | | 1 | | 保荐机构已建立健全并有效执 | | | 建立健全并有效执行持续督导工作制度，并针对具体的持 | 行了持续督导制度，已根据公 | | | 续督导工作制定相应的工作计划 | 司的具体情况制定了相应的工 | | | | 作计划 | | 2 | 根据中国证监会相关规定，在持续督导工作开始前，与 | 保荐机构已与公司签订保荐协 | | | 上市公司或相关当事人签署持续督导协议，明确双方在 | 议，该协议已明确了双方在持 | | | 持续督导期间的权利义务，并报上海 ...

证券代码：688316 证券简称：青云科技 北京青云科技集团股份有限公司 2024 年年度股东会会议资料 2025 年 5 月 1 / 36 | | | 北京青云科技集团股份有限公司 2024 年年度股东会会议须知 为了维护全体股东的合法权益，确保股东会的正常秩序和议事效率，保证大 会的顺利进行，根据《中华人民共和国公司法》《中华人民共和国证券法》《上市 公司股东会规则》以及《北京青云科技集团股份有限公司章程》《北京青云科技 集团股份有限公司股东会议事规则》等相关规定，特制定 2024 年年度股东会会 议须知。 一、为保证本次股东会的严肃性和正常秩序，切实维护与会股东（或股东代 理人）的合法权益，除出席会议的股东（或股东代理人）、公司董事、监事、高 级管理人员、见证律师及董事会邀请的人员外，公司有权依法拒绝其他无关人员 进入会场。 二、出席会议的股东及股东代理人须在会议召开前半小时到会议现场办理签 到手续，并按规定出示证券账户卡、身份证明文件或营业执照/注册证书复印件 （加盖公章）、授权委托书等，上述登记材料均需提供复印件一份，个人登记材 料复印件须个人签字，法定代表人证明文件复印件须加盖公司公章，经验证后领 ...

Core Insights - In 2024, Qingyun Technology Group reported a revenue of 272 million yuan, a year-on-year decrease of 18.95% [2] - The company experienced a net loss attributable to shareholders of 95.58 million yuan, an increase of 43.70% compared to the previous year [2] - The basic earnings per share were -2.00 yuan [2] Financial Performance - In Q4 2024, Qingyun Technology achieved a revenue of 58.43 million yuan, down 26.12% year-on-year and 15.90% quarter-on-quarter [3] - The net loss for Q4 was 32.99 million yuan, reflecting a year-on-year increase of 29.31% and a quarter-on-quarter decrease of 31.37% [3] - The gross margin for 2024 was 31.66%, up 6.99 percentage points year-on-year [3] - The net margin was -35.24%, an increase of 15.51 percentage points year-on-year [3] Expense Analysis - Total operating expenses for 2024 were 188 million yuan, a decrease of 50.79 million yuan year-on-year [3] - The expense ratio was 69.15%, down 2.02 percentage points year-on-year [3] - Sales expenses decreased by 26.89%, management expenses decreased by 24.85%, and R&D expenses decreased by 21.19% [3] - Financial expenses increased by 126.41% [3] Cash Flow and Financial Health - The net cash flow from operating activities was -34.54 million yuan [4] - As of the end of Q4 2024, the asset-liability ratio was 84.87%, an increase of 13.67 percentage points year-on-year [4]

" 混合云第一股，也要观望DeepSeek带来的下一波市场情绪。 " 作者丨赵之齐 编辑丨胡敏 "青云内部，司龄五年以上的老员工比比皆是"，青云科技的一位销售说道。还有员工笑说，自己准备在青 云"养老"。 公司内部的某种稳定，与其近年在财报上的跌宕表现相比，略有反差。根据青云科技最近发布的2024年年 报，公司在去年营业收入大约2.7亿，相较2023年，减少了18.95%。青云依然面临着营收的压力。 而相比2023年， 青云去年的减亏比例达43.72% ，毛利率31.66%，同比提升7个百分点。青云在AI领域 布局主要包含AI算力云、AI智算平台和AI智算一体机，其中， AI算力云去年的服务营收达4937.03万元。 此外，青云财务费用变动较去年增长126.41%，公司解释是本期金融机构授信增多所致。 青云在今年年报上的表现，没有太大惊喜。年报背后，是在大模型时代，依然被卡住的中小云厂面临的共 同困境。在市场分析师眼中，青云这样的中小云厂业务依然充满不确定性，其下一波股票的机会，或许只 能等待DeepSeek R2发布带来的市场情绪。 01 打造智算第二增长曲线 "今年销售在向客户介绍青云的业务时，需要从AI ...

2024年公司智算业务蓬勃发展，业绩逐渐提升。报告期内公司全新升级AI智算平台与服务2.0，结合智 算中心、金融、具身智能、高校科研、自动驾驶、大模型/多模态、边缘智能、医疗医药、互联网、政 务十大场景解决方案，青云进一步丰富企业知识库、智能体等应用，逐渐释放智算领域的潜力。 据介绍，青云科技2024年新增发明专利11个、软件著作权18个。立足技术创新，青云始终坚持以客户为 中心，推进渠道下沉策略，通过稳定的产品、专业的服务，收获客户的深度信任。青云科技的产品与服 务长期承载着中国人民银行、中国银行、中国农业银行、中国太平、泰康保险、中金公司（601995）、 国家电网、国家电投、中国国航（601111）、江苏交控、中芯国际、清华大学、中国农业大学等众多企 业与机构的核心业务系统。 公告显示，在云服务方面，公司抓住人工智能算力市场的重大机遇，实现AI算力服务收入4937.03万 元。同时，进一步提升云服务的运营效率，优化基础设施的投入成本，提高投资收益比。2024年度公司 云服务业务毛利比上年同期增加2139.50万元，同比减亏98.42%，云服务毛利率同比提升14.38个百分 点。在云产品方面，公司延续高毛 ...

Core Insights - Qingyun Technology reported a total revenue of 272 million yuan for 2024, a year-on-year decline of 18.95% due to weak market demand and intensified industry competition [4][5] - The company recorded a net profit attributable to shareholders of -96 million yuan, an improvement from -170 million yuan in the previous year, but still in a loss position [4][6] - The non-recurring net profit was -103 million yuan, a reduction in loss of 40.79% compared to the previous year [4][6] Revenue and Profitability - The total revenue for Qingyun Technology in 2024 was 272 million yuan, down from 336 million yuan in 2023, reflecting a decrease of 18.95% [4][5] - Despite the revenue decline, the gross profit reached 86.13 million yuan, an increase of 4.02% from 82.80 million yuan in the previous year, indicating effective cost control [4][5] - The company continues to face challenges with ongoing losses, with a net profit of -96 million yuan, although this represents a significant reduction in loss of 43.70% from the previous year [4][5] Strategic Developments - In 2024, Qingyun Technology focused on AI computing power services, which generated revenue of 49.37 million yuan, establishing it as a strategic business segment [5][6] - The rapid growth of AI computing services is attributed to the booming demand in the artificial intelligence market, allowing the company to strengthen its position in the cloud computing sector [5][6] - The gross margin for cloud services improved significantly, from -14.62% to -0.24%, reflecting a reduction in losses by 98.42% due to enhanced operational efficiency and optimized infrastructure costs [5][6] Cloud Product Performance - Qingyun Technology achieved a gross margin of 68.30% for cloud products in 2024, an increase of 12.50 percentage points from the previous year [6] - This growth is primarily driven by the continuous expansion of the Xinchuang product market and increased support for intelligent computing platform solutions [6] - The company's success in the cloud product sector demonstrates its commitment to technological innovation and product upgrades, further solidifying its competitive advantage in the cloud computing market [6]