Financial Performance - New signed orders increased by 42% year-on-year [2] - Revenue reached CNY 558 million, a 1.63% increase year-on-year [2] - Net profit attributable to shareholders was CNY -209 million, a 63.72% decrease year-on-year [2] - Total assets at the end of the reporting period amounted to CNY 5.18 billion [2] Cash Flow and Financial Health - Net cash flow from operating activities was CNY -309 million, a decrease in net outflow by CNY 115 million year-on-year [3] - Cash reserves increased by 3.34% year-on-year, totaling CNY 943 million [3] Revenue Breakdown by Region - East and South China accounted for CNY 302 million, 54.21% of total revenue, up 25.16% year-on-year [3] - Southwest and Northwest regions generated CNY 121 million, 21.76% of total revenue, up 18.77% year-on-year [3] - Northeast and North China regions contributed CNY 109 million, 19.47% of total revenue, down 41.67% year-on-year [3] - Central China and other regions generated CNY 25 million, 4.56% of total revenue, up 34.78% year-on-year [3] Strategic Initiatives - The company implemented an "ALL IN AI" strategy, generating approximately CNY 167 million from AI-related products, accounting for 30% of total revenue [3][6] - Established specialized teams for asset management to reduce bad debts and alleviate performance pressure [4] - Set clear performance targets to ensure growth in new signed orders [5] Research and Development - R&D investment as a percentage of revenue was 23.75%, above industry average [7] - R&D expenditure decreased by 8% year-on-year, focusing on high-potential projects [6] Industry Integration and Collaboration - Focused on integrating AI, security, and new financial technologies to meet national strategic needs [9] - Collaborated with State Power Investment Corporation on business system integration and safety management [10]

Core Viewpoint - The company Guotou Intelligent (300188) has been placed on the "entity list" by the United States, which restricts certain business activities and information disclosure related to its computing capabilities [1] Company Summary - Guotou Intelligent responded to investor inquiries on August 26, indicating that due to being on the U.S. entity list, it cannot publicly disclose information regarding its computing capabilities [1]

Core Insights - The company reported a quarter-on-quarter improvement in operational quality, with new orders, revenue, net profit, and gross margin all showing sequential growth in Q2 [1][2] - The company achieved a year-on-year increase of 42% in new orders for the first half of the year, driven by rapid growth in digital government and enterprise digitalization businesses [2][3] - The "ALL IN AI" strategy has been fully implemented, with AI product revenue accounting for 30% of total revenue [3][4] Financial Performance - For the first half of the year, the company achieved operating revenue of 558 million yuan, a year-on-year increase of 1.63%, and a net profit attributable to shareholders of -208 million yuan, a year-on-year decrease of 63.16% [1] - In Q2 alone, the company reported operating revenue of 342 million yuan, a year-on-year decrease of 3.43%, and a net profit attributable to shareholders of -82 million yuan, a year-on-year increase of 12.52% [1][2] - The company’s cash flow from operating activities for the first half was -309 million yuan, a year-on-year improvement of 27.31% [1] Business Segments - The digital government and enterprise digitalization business generated revenue of 126 million yuan in the first half, a significant year-on-year increase of 86.62% [2] - Traditional core businesses, such as electronic data forensics and public safety big data, saw revenues of 206 million yuan and 200 million yuan, respectively, with year-on-year declines of 11.56% and 2.15% [2] - New orders in public safety big data and enterprise digitalization both saw year-on-year growth exceeding 100% [2] AI Strategy - The company launched 17 new AI-enabled products in the first half, with the "Tianqing" public safety large model reaching a parameter scale of 100 billion and supporting 128K long context [3] - AI applications have been deployed across various sectors, including public safety, law enforcement, and cryptocurrency security, with significant operational improvements reported [3] - The company has accelerated its entry into the cryptocurrency sector with the launch of its first cryptocurrency security product, DrCoins [3] Investment Outlook - The company maintains a "strong buy" investment rating, with the "ALL IN AI" strategy showing initial success and a solid foundation for annual performance due to high growth in new orders [4] - Future focus will be on order conversion and the recovery of profitability, with projected net profits for 2025-2027 estimated at 30 million, 113 million, and 184 million yuan, respectively [4]

证券日报网讯国投智能（300188）8月25日在互动平台回答投资者提问时表示，公司客户主要来自政 府、公检法司及其他大中型企事业单位，受客户预算管理和集中采购制度等因素影响，公司业务呈现明 显的季节性分布，业绩主要集中在下半年尤其是第四季度。仅以公司半年报的业绩表现推测全年业绩情 况不具合理性。有关公司本年度的经营及业绩情况，请以公司届时披露的定期报告或者相关公告为准。 ...

证券日报网讯国投智能8月25日在互动平台回答投资者提问时表示，公司主要服务公检法司等客户，部 分大金额订单的中标及合同信息未公开发布。仅以公开"大订单"的情况推测公司的经营情况不具有合理 性。公司2025年上半年新签订单金额对比去年同期增长42%，业务经营向好。具体情况，敬请关注公司 的定期报告及相关公告。 （文章来源：证券日报） ...

证券日报网讯国投智能（300188）8月25日在互动平台回答投资者提问时表示，公司2025年的人员情况 敬请关注公司的定期报告。公司始终践行珍惜国有资产，杜绝浪费的经营理念。 ...

Core Viewpoint - The company has successfully implemented its "ALL IN AI" strategy, showing positive growth in revenue, technological innovation, and market presence in the first half of the year [2][4]. Financial Performance - The company achieved a revenue of 558 million yuan, representing a year-on-year growth of 1.63% [2]. - New contracts signed increased by 42% year-on-year, with significant growth in public safety big data and enterprise digitalization orders, which doubled [2]. - In the second quarter, all key financial metrics, including new orders, revenue, net profit, and gross margin, experienced year-on-year growth [2]. Product Development and Market Position - The electronic data forensics segment maintained a stable gross margin of around 60%, solidifying its position as an industry leader [2]. - New flagship products such as "Super Elf V2" and "Super Cube V2" received positive feedback during trials in multiple locations [2]. - The AI model has been deeply integrated into product offerings, with significant contributions from new forensic products and software upgrades [2][4]. Public Safety and Digital Governance - The public safety big data segment achieved the highest market share in the first half of the year, with the QKOS operating system deployed in over 20 provinces and cities [3]. - The digital governance and enterprise digitalization segment saw nearly 90% year-on-year revenue growth, with strong performance in enterprise digitalization [3]. - The company is actively involved in various digital technology projects, including emergency management platforms and rural revitalization initiatives [3]. AI and Cybersecurity Initiatives - The new cybersecurity segment has enhanced the national anti-fraud big data platform, launching products like "Anti-Fraud Sentinel" and "Fraud Fund Analysis Tool" [4]. - The "Star Shield" platform successfully intercepted 99% of cyber attacks, serving over 20 central state-owned enterprises [4]. - AI-related product revenue reached 167 million yuan, accounting for 30% of total revenue, indicating the strategic importance of AI in driving growth [4].

Financial Performance - Company reported total revenue of 558 million yuan for the first half of 2025, a year-on-year increase of 1.63% [1] - Net profit attributable to shareholders was -208 million yuan, a decline of 63.16% year-on-year [1] - In Q2 2025, total revenue was 342 million yuan, down 3.43% year-on-year, while net profit attributable to shareholders improved by 12.52% to -81.77 million yuan [1] - Gross margin decreased to 36.29%, down 16.86% year-on-year, and net margin was -38.72%, a decline of 53.90% [1] - Total operating expenses (selling, administrative, and financial) amounted to 284 million yuan, accounting for 50.86% of revenue, a decrease of 17.64% year-on-year [1] Balance Sheet and Cash Flow - Accounts receivable increased to 1.156 billion yuan, representing 65.35% of total revenue [1] - Cash and cash equivalents rose to 943 million yuan, a 3.35% increase year-on-year [1] - Earnings per share decreased to -0.25 yuan, down 66.89% year-on-year, while operating cash flow per share improved to -0.36 yuan, an increase of 27.31% [1] Strategic Positioning and Business Development - Company has been positioned as a key player in the digital economy sector under the guidance of its parent company, focusing on digital infrastructure investment and operation [3][4] - The company aims to enhance its capabilities in digital economy services and national security through strategic collaborations and resource integration [3][4] - Recent initiatives include the establishment of the "Guotou Group I Wan Chain Laboratory" and a technology innovation talent training base, indicating a focus on R&D and talent development [4]

格隆汇8月22日丨国投智能(300188.SZ)公布2025年半年度报告，上半年公司实现营业收入5.58亿元，同 比增长1.63%；归属于上市公司股东的净利润-2.09亿元；归属于上市公司股东的扣除非经常性损益的净 利润-2.20亿元；基本每股收益-0.248元。 ...

证券代码：300188 证券简称： 国投智能 公告编号：2025-59 国投智能（厦门）信息股份有限公司 2025 年半年度报告披露提示性公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整， 没有虚假记载、误导性陈述或重大遗漏。 国投智能（厦门）信息股份有限公司（以下简称公司）于 2025 年 8 月 22 日召开第六届董事会第十三次会议，审议通过了《2025 年半年度报告全 文》及《2025 年半年度报告摘要》。 2025 年 8 月 23 日 1 / 1 为使投资者全面了解公司的经营成果和财务状况，公司《2025 年半年度 报告全文》及《2025 年半年度报告摘要》于 2025 年 8 月 23 日在中国证监 会指定的创业板信息披露网站巨潮资讯网（http://www.cninfo.com.cn）上 披露，敬请广大投资者注意查阅。 特此公告。 国投智能（厦门）信息股份有限公司董事会 ...