Core Viewpoint - The company has established technological reserves and layouts in the commercial aerospace security sector, which will create more market opportunities as infrastructure construction in this area progresses [1] Group 1: Company Developments - The company's commercial aerospace security business currently accounts for a small proportion of its revenue [1] - The company plans to continue expanding research and application of new technologies and scenarios in the commercial aerospace field [1] - The company aims to provide comprehensive satellite internet security products and solutions to its clients [1]

Core Viewpoint - The company has established technological reserves and layouts in the commercial aerospace security sector, which is expected to bring more market opportunities as infrastructure construction in this area progresses [1] Group 1: Company Developments - The company's commercial aerospace security business currently accounts for a small proportion of its revenue [1] - The company plans to continue expanding research and application of new technologies and scenarios in the commercial aerospace field [1] - The company aims to provide comprehensive satellite internet security products and solutions for its clients [1]

Group 1 - The company has confidence in achieving rapid growth in the commercial aerospace sector, supported by existing technological reserves and strategic layout in aerospace safety [2] - The construction of infrastructure related to commercial aerospace is expected to create more market opportunities for the company [2] - Currently, the revenue contribution from the commercial aerospace safety business is still relatively small, indicating potential for future growth [2] Group 2 - The company plans to continue expanding its research and application of new technologies and scenarios in the commercial aerospace field [2] - The company aims to provide comprehensive satellite internet security products and solutions to its clients [2]

证券日报网讯 1月16日，天融信在互动平台回答投资者提问时表示，公司暂未与卫星遥感方面公司合作 研发，公司已推出卫星应用服务平台、卫星遥感系统等网络安全解决方案，在国内和"一带一路"沿线多 个国家落地实践。 （文章来源：证券日报） ...

格隆汇1月16日丨天融信(002212.SZ)在互动平台表示，公司暂未与卫星遥感方面公司合作研发，公司已 推出卫星应用服务平台、卫星遥感系统等网络安全解决方案，在国内和"一带一路"沿线多个国家落地实 践。 ...

Summary of Tianrongxin Conference Call Company Overview - **Company**: Tianrongxin - **Industry**: Hyper-converged infrastructure, cloud computing, and network security Key Points and Arguments Industry and Market Trends - The hyper-converged infrastructure market is expected to grow at a compound annual growth rate (CAGR) of 9.2% over the next five years, reaching a market size of approximately $3.3 billion by 2029, with an estimated market size of around 15 billion yuan in 2024, reflecting a CAGR of about 12% [2][4] - The demand for software-defined storage and hyper-converged systems is on the rise, driven by the increasing need for integrated IT solutions [2][4] Company Strategy and Product Development - Tianrongxin has developed a comprehensive product matrix since 2015, including hyper-converged systems, desktop cloud, enterprise cloud, and intelligent computing cloud, covering all IT infrastructure scenarios [3] - The company plans to launch its intelligent computing cloud platform and integrated computing machines in 2025 to meet the needs of large model construction and private deployment [2][3] Competitive Advantages - Tianrongxin's technology architecture supports a wider range of CPU types, including domestic platforms, and is compatible with various operating systems, providing higher reliability, flexibility, and openness compared to VMware [7] - The company has obtained over 586 compatibility certificates and has completed adaptations with more than 60 domestic manufacturers, ensuring rapid response services [7] Transition Strategy from VMware - Tianrongxin has proposed a three-step strategy to simplify the transition from VMware to its hyper-converged solutions, starting with establishing a data center for backup or non-core operations, gradually expanding usage, and ultimately achieving full replacement [8][10] Achievements in Domestic Product Development - Since 2012, Tianrongxin has developed 372 domestic products across 83 categories, covering over 80% of its product lines, and has obtained over 3,900 compatibility certificates in the network security field [11] Challenges and Responses - The transition from VMware presents challenges such as technical difficulties and customer acceptance. Tianrongxin addresses these by starting with non-disruptive scenarios to gain customer trust and gradually moving to core business replacements [12] Future Development Trends - The company aims for full-stack development and intelligent empowerment, focusing on AI integration to enhance efficiency and service platform construction [13][14] Market Demand for Domestic Alternatives - There is an increasing urgency among customers for domestic alternatives, particularly in sectors like education and healthcare, which have smaller IT scales and simpler needs [15][16] Cost and Delivery Models - The cost for deploying a hyper-converged system can start from around 200,000 to 300,000 yuan for a minimal setup, with flexible expansion options available [17] Intelligent Computing Cloud Developments - Starting in 2025, Tianrongxin will offer intelligent computing cloud solutions tailored for private deployment, including integrated servers and software for secure data handling [18] Quantum Technology Initiatives - Tianrongxin is exploring quantum technology, focusing on quantum communication and post-quantum encryption algorithms, collaborating with various companies to develop related products [22][23] Additional Important Insights - The shift towards domestic products is becoming a default strategy in many industries, with large enterprises showing a marked increase in demand for domestic solutions despite economic pressures [21]

Group 1 - The company is focusing on the space computing sector and has existing technological reserves in satellite internet security [2] - The company has launched a satellite application service platform and satellite remote sensing system as part of its cybersecurity solutions, which have been implemented in multiple countries along the "Belt and Road" initiative [2] - The company is investing in the intelligent computing cloud sector, introducing products such as the intelligent computing cloud platform and integrated computing machine to provide high-performance and secure integrated infrastructure solutions for clients [2]

Global Firewall Market Overview - The global firewall market is projected to grow from $6.924 billion in 2016 to $22.415 billion by 2024, with a peak growth rate of 30.03% in 2021 due to increased demand for cybersecurity solutions amid the pandemic [1] - The surge in demand is attributed to the need for businesses to upgrade or acquire firewall devices to protect against cyber threats and secure internal data [1] Next-Generation Firewall Market Outlook - The global next-generation firewall market is expected to grow from $18.1 billion in 2024 to $21.8 billion by 2028, indicating a positive growth trend [2] - The U.S. market for next-generation firewalls, which is the largest globally, is projected to increase from $7.3 billion in 2024 to $9 billion by 2028, representing 40.3% of the global market share [5] Importance of Firewalls in Cybersecurity - Firewalls are considered a fundamental necessity in network security, serving as the first line of defense for end-users [6] - According to IDC's 2024 global survey, 53.4% of customers believe that hardware firewall products will account for more than half of their overall security solutions by 2030 [6][8] Future Growth Projections - The global firewall market is anticipated to have a compound annual growth rate (CAGR) of 10.41% from 2025 to 2030, with the market size expected to reach approximately $23.8 billion in 2025 and $39 billion by 2030 [9]

（文章来源：证券日报） 证券日报网讯 1月13日，天融信在互动平台回答投资者提问时表示，公司在商业航天、卫星遥感和空天 算力等相关领域有技术储备和布局，目前已有相关的项目订单，占营收的比例还较小。 ...

Group 1 - The core viewpoint of the article is that Tianrongxin (002212) has made significant advancements in its cloud computing business, transitioning to intelligent computing cloud by 2025 [1] - The company officially launched its cloud computing products in 2019, indicating a strategic move towards modern technology solutions [1] - In the intelligent computing cloud sector, the company has released a series of products, including the intelligent computing cloud platform and integrated intelligent computing machines, aimed at providing high-performance and secure infrastructure solutions for clients [1]