证券代码：300857 证券简称：协创数据 公告编号：2025-044 协创数据技术股份有限公司 关于召开2024年度股东会的提示性公告 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。 协创数据技术股份有限公司（以下简称"公司"）第三届董事会 第三十三次会议审议通过了《关于提请召开2024年度股东会的议案》， 决定于2025年4月21日（星期一）召开公司2024年度股东会，并于2025 年4月1日在巨潮资讯网(www.cninfo.com.cn)发布了《关于召开2024 年度股东会的通知》(公告编号:2025-041)。为保护投资者权益，方 便公司股东行使股东会表决权，现将有关事项再次提示如下: 一、召开会议的基本情况 （一）股东会届次：2024年度股东会。 （二）股东会的召集人：第三届董事会。 （三）会议召开的合法、合规性：本次年度股东会的召集程序符 合有关法律、行政法规、规范性文件和《公司章程》的有关规定。 （四）会议召开的日期、时间： 1.现场会议召开日期、时间：2025年4月21日（星期一）14:00 1.现场表决：股东本人出席现场会议或者通过授权委托 ...

每经记者 赵李南 每经编辑 马子卿 4月9日，A股上市公司密集披露应对美国关税政策的公告。 宸展光电坦言关税对产业链冲击广泛，但公司已经通过泰国、墨西哥等海外生产基地进行布局。光弘科 技宣布收购法国企业AC公司，加速墨西哥、欧洲、非洲产能落地。同时，多家上市公司开启"护盘模 式"，大蓝筹股美的集团、中远海控等已经开始入场回购。 宸展光电等多家公司披露海外布局情况 宸展光电（SZ003019，股价26.38元，市值46.08亿元）称，本次关税加征属全球性事件，对产业中几乎 所有参与者皆有影响。据此，评估本事件对公司影响时，需将竞争对手生产地被课征的关税率纳入综合 考虑。宸展光电表示，从2024年开始公司已在泰国建设生产基地，并在年底前量产。据悉，宸展光电出 口至美国的产品，已有70%由泰国生产，因泰国被课征的关税率相对较低，在整个竞争环境中，公司受 影响程度相对低。此外，通过泰国出货的商品入关美国时所发生的关税主要是由进口商（客户端）支 付。 江丰电子（SZ300666，股价68.71元，市值182.31亿元）表示，2024年公司出口美国的产品收入占公司 总营业收入的比例约为1.19%，占比较低。因此，本次美国 ...

Core Viewpoint - The company has a small proportion of product revenue directly exported to the United States, with most products produced and delivered by overseas smart manufacturing bases [1] Group 1: Business Operations - The company's supply chain and cost control capabilities are outstanding, providing significant risk resistance advantages [1] - All smart manufacturing bases are orderly conducting various business activities to ensure timely and stable delivery of customer orders [1] Group 2: Strategic Initiatives - The company will continue to strengthen technological innovation and adhere to an international strategy, promoting the construction of a global R&D, marketing, and manufacturing system [1] - The company aims to leverage its first-mover advantage from international layout to actively respond to and seize challenges and opportunities arising from changes in international economic and trade conditions [1] Group 3: Policy Adaptation - The company will continuously monitor policy trends and actively adjust corresponding strategies based on the latest policy dynamics to minimize the impact of related matters on the company's stable development [1]

证券代码：300857 证券简称：协创数据 公告编号：2025-043 协创数据技术股份有限公司 关于"对等关税"政策调整对公司影响的 自愿性信息披露公告 公司客户覆盖欧洲、亚太地区、拉丁美洲等全球主要市场，产品 应用于智能家居、物联网设备、消费电子等多个领域，对单一区域的 依赖度较低。 二、公司供应链与成本管控能力突出，抗风险优势显著。 1.公司供应链多元化与国产化率高 公司业务的核心原材料采购渠道以国内供应商为主，同时在对关 键元器件的采购已建立了日本、韩国、欧洲等替代渠道，国际物流及 关税风险整体可控。 2. 柔性化生产与订单弹性管理 公司通过智能化产线实现快速产能切换，优先保障在手订单需求。 目前在手订单充足，各项业务均稳步推进中，预计盈利能力受到影响 较小。 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。 近日，美国政府宣布根据"对等关税"政策的新一轮加征关税计 划，引发市场高度关注。协创数据技术股份有限公司（以下简称"公 司"）密切关注相关政策动态，及时评估政策变化对公司业务的影响， 现就相关事项说明如下： 一、公司直接出口美国的产品收入占比较小， ...

Investment Rating - The report maintains a "Buy-A" rating for the company, indicating a strong potential for price appreciation in the coming months [1][7]. Core Insights - The company achieved a revenue of 7.41 billion yuan in 2024, representing a year-on-year growth of 59.08%, and a net profit of 692 million yuan, which is a significant increase of 140.80% compared to the previous year [3][9]. - The company's business segments, including data storage, AIoT terminals, server remanufacturing, and computing cloud services, are all experiencing rapid growth, contributing to an overall improvement in profitability [4][5]. - The gross margin for 2024 reached 17.36%, an increase of 3.79 percentage points from the previous year, driven by a higher proportion of high-margin businesses and improved supply chain management [4]. Financial Performance - The company reported a basic earnings per share (EPS) of 2.83 yuan for 2024, with projections for EPS of 4.43, 5.80, and 7.47 yuan for 2025, 2026, and 2027 respectively [2][7]. - The net profit margin for 2024 was 9.27%, up by 3.13 percentage points from the previous year, indicating enhanced operational efficiency [4][9]. - The company is expected to continue its growth trajectory, with projected revenues of 10.19 billion yuan in 2025, 13.18 billion yuan in 2026, and 16.76 billion yuan in 2027, reflecting a compound annual growth rate (CAGR) of 37.5% from 2024 to 2025 [9][11]. Business Segments - The data storage segment generated 4.46 billion yuan in revenue in 2024, a year-on-year increase of 54.98%, supported by investments in self-developed storage chips and server storage [4]. - The AIoT terminal segment saw revenues of 2.26 billion yuan, growing by 60.82%, with notable contributions from cloud video platforms and overseas smart security [4]. - The server remanufacturing business is expanding its production capacity, while the computing cloud services are establishing partnerships with leading companies in various sectors [5][6].

Investment Rating - The report maintains a "Buy-A" rating for the company, indicating a strong expected performance relative to the benchmark index [1][7]. Core Insights - The company achieved a revenue of 7.41 billion yuan in 2024, representing a year-on-year growth of 59.08%. The net profit attributable to shareholders reached 692 million yuan, a significant increase of 140.80% year-on-year [3][9]. - The company's data storage business saw a revenue of 4.46 billion yuan, growing by 54.98%, while the AIoT terminal business generated 2.26 billion yuan, up by 60.82% [4]. - The gross margin improved to 17.36%, an increase of 3.79 percentage points from the previous year, driven by a higher proportion of high-margin businesses and cost management [4]. Financial Performance - The company is projected to achieve earnings per share (EPS) of 4.43, 5.80, and 7.47 yuan for the years 2025, 2026, and 2027, respectively, with corresponding price-to-earnings (P/E) ratios of 20.52, 15.68, and 12.17 [7][9]. - The net profit margin for 2024 was 9.27%, an increase of 3.13 percentage points compared to the previous year [4][9]. - The company plans to invest up to 3 billion yuan in server procurement to enhance its computing power rental services, with a global network of 25 supercomputing centers established [5][9]. Business Segments - The data storage segment is expanding due to investments in self-developed storage chips and server storage for computing power [4]. - The AIoT terminal segment is growing rapidly, with significant contributions from cloud video platforms and overseas smart security [4]. - The server remanufacturing business is also gaining traction, with increasing sales and production capacity [4]. Future Outlook - The company is positioned to benefit from the growing demand for intelligent computing centers and computing power leasing, with partnerships established with leading enterprises in various sectors [5][6]. - The overall revenue forecast for the company is expected to reach 10.19 billion yuan in 2025, with a year-on-year growth rate of 37.5% [9].

Core Viewpoint - The company held its 2024 annual performance briefing, highlighting strong growth in revenue and net profit, alongside strategic developments in various business sectors, including AI, cloud services, and smart IoT devices [1][11][14]. Group 1: Financial Performance - In 2024, the company achieved a revenue of 74.10 billion yuan, representing a year-on-year increase of 59.08% [11][14]. - The net profit attributable to shareholders was 6.92 billion yuan, up 140.80% from the previous year [11][14]. - The net profit after deducting non-recurring gains and losses was 6.71 billion yuan, reflecting a growth of 144.33% year-on-year [11][14]. Group 2: Business Strategy and Development - The company is focusing on developing new capabilities in computing power and embodied intelligence, while maintaining its core business in storage devices and IoT terminals [1][5]. - The strategic core is centered around an "intelligent IoT ecosystem," integrating smart terminals, computing infrastructure, and cloud services [1][19]. - The company has established a comprehensive product system in the smart IoT terminal field, covering AIoT hardware, data storage terminals, edge computing devices, and smart control terminals [1][19]. Group 3: Market and Product Insights - The company is actively expanding its server recycling business, which is primarily aimed at sales rather than self-use [4][6]. - The demand for server recycling is strong, and the company is increasing its investment to enhance competitiveness in this area [4][6]. - The company’s overseas revenue is mainly derived from sales to regions such as Hong Kong, Singapore, and India, with a low proportion of direct sales to the U.S. [15][19]. Group 4: Future Outlook - The company plans to continue expanding its computing power service sector and aims to become a leading comprehensive cloud service platform globally [5][20]. - The company is also focusing on the development of service robots, including machine dogs and humanoid robots, to enhance its advanced manufacturing capabilities [2][5]. - The company is committed to maintaining a robust talent management system to support its growth and development [4][5].

Investment Rating - The report maintains a "Buy" rating for the company [1][7] Core Views - The company has shown continuous high growth in performance, with a focus on expanding its computing power services and robotics sector [1][6] - In 2024, the company achieved a revenue of 7.41 billion yuan, representing a year-on-year growth of 59.08%, and a net profit of 692 million yuan, up 140.80% year-on-year [4][8] - The company is actively expanding its computing power services and has obtained NVIDIA Cloud Partner certification, enhancing its capabilities in AI model services and cloud computing [6] Financial Performance - The company reported a significant increase in revenue across various business segments, with intelligent IoT business revenue reaching 2.26 billion yuan, up 60.82% year-on-year [5] - The overall gross margin improved by 3.81 percentage points to 17.36% in 2024, driven by high-margin businesses [5][10] - The company forecasts revenues of 10.95 billion yuan, 14.52 billion yuan, and 18.55 billion yuan for 2025, 2026, and 2027 respectively, with net profits projected at 1.09 billion yuan, 1.55 billion yuan, and 2.06 billion yuan [7][8] Business Expansion - The company is strategically focusing on the robotics sector, integrating its subsidiary to enhance its capabilities in developing products like robotic dogs and humanoid robots [6] - Collaborations with major enterprises in cloud computing and AI applications are underway, indicating a robust growth trajectory in these areas [6][8]

Investment Rating - The report maintains a "Buy" rating for the company [3][5]. Core Viewpoints - The company has achieved rapid revenue growth, with a reported revenue of 7.41 billion yuan in 2024, representing a year-on-year increase of 59.08%. The net profit attributable to shareholders reached 692 million yuan, up 140.80% year-on-year [1]. - The company is expanding into the AI computing rental and cloud service sectors, having obtained NVIDIA CLOUD PARTNER certification, which enhances its capabilities in these areas [2]. - The company is also venturing into the robotics field, establishing a subsidiary focused on advanced intelligent manufacturing, including service robots and humanoid robots [3]. Financial Performance - In 2024, the company reported a revenue of 7,410 million yuan, with a year-on-year growth rate of 59.1%. The net profit attributable to shareholders was 692 million yuan, reflecting a growth rate of 140.8% [4]. - The projected revenues for 2025, 2026, and 2027 are estimated at 10,126 million yuan, 12,798 million yuan, and 16,071 million yuan, respectively, with corresponding net profits of 1,040 million yuan, 1,344 million yuan, and 1,730 million yuan [4]. - The company's earnings per share (EPS) for 2024 is projected at 2.82 yuan, with a significant increase expected in subsequent years [4]. Business Segments - The data storage equipment segment generated 4.46 billion yuan in revenue, growing by 54.98% year-on-year, while the IoT smart terminal segment achieved 2.26 billion yuan, up 60.82% year-on-year [1]. - The company is leveraging its strengths in AI, big data, machine learning, and automation to enhance its core competitiveness in the intelligent manufacturing sector [3].

Core Viewpoint - The company, Xiechuang Data, has shown significant growth in its financial performance for 2024, with substantial increases in revenue and net profit, alongside changes in shareholder structure and upcoming profit distribution plans [2][3][4]. Financial Performance - The company's main revenue for 2024 reached 7.41 billion yuan, a year-on-year increase of 59.08% [2][3]. - The net profit attributable to shareholders was 691.78 million yuan, up 140.80% compared to the previous year [2][3]. - The net profit after deducting non-recurring gains and losses was 671.32 million yuan, reflecting a 144.33% increase year-on-year [2][3]. - The company's gross profit margin stood at 17.36% [2]. - The net cash flow from operating activities for 2024 was 989.95 million yuan, a significant increase of 202.41% [3]. Shareholder Changes - As of March 31, 2025, the number of shareholders increased to 29,600, representing a growth of 20.57% from the end of December 2024 [1][5]. - The average number of shares held per shareholder decreased from 9,994 shares to 8,289 shares, with an average holding value of 966,900 yuan [1]. Capital Distribution Plan - The company plans to distribute a cash dividend of 2.93 yuan per 10 shares, totaling approximately 71.86 million yuan, and to increase capital by converting reserves into equity, issuing 4 new shares for every 10 held [4][5]. Upcoming Meetings - The company will hold its 2024 annual shareholders' meeting on April 21, 2025, to discuss various proposals, including the annual report and profit distribution plan [8].