TRS(SZ:300229)2025-04-17 13:35Financial Performance - The company achieved total operating revenue of 777.03 million yuan, a decrease of 0.59% compared to the same period last year[4]. - The net profit attributable to shareholders was -94.15 million yuan, a decline of 358.17% year-on-year[4]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -170.53 million yuan, a decrease of 7,121.78% compared to the previous year[4]. - The company's operating revenue for 2024 was ¥777,034,453.08, a decrease of 0.59% compared to ¥781,678,373.42 in 2023[23]. - The net profit attributable to shareholders was -¥94,145,629.80, representing a decline of 358.17% from a profit of ¥36,465,973.39 in the previous year[23]. - The weighted average return on equity was -2.74% in 2024, down from 1.13% in 2023[23]. - The company has faced uncertainty regarding its ability to continue as a going concern, as indicated by the negative net profits over the last three years[23]. Dividend and Capital Management - The company plans not to distribute cash dividends, issue bonus shares, or increase share capital from reserves[6]. Risk Management - As of the date of this report, the company does not face significant risks regarding its ability to continue as a going concern[4]. - The management discussion and analysis section outlines potential risks in operations and corresponding countermeasures[5]. - The company emphasizes the importance of understanding the differences between plans, forecasts, and commitments, urging investors to be aware of investment risks[5]. Profitability Improvement Measures - The report includes a detailed description of measures to improve profitability following the reported losses[4]. - The company is focused on enhancing its core business and exploring new strategies for market expansion and product development[4]. Project Implementation and Innovation - The company successfully implemented over 40 projects in various fields, including intelligent auditing and risk control, utilizing its advanced AI model[36]. - The company is focusing on enhancing its algorithm's self-iteration capabilities through increased investment in AI model and intelligent platform development[36]. - The company has developed two overseas products as part of its strategy to expand into international markets, focusing on vertical AI innovation applications[42]. - The拓天大模型 (Tuotian Large Model) has been successfully applied in over 40 projects across 9 vertical fields, demonstrating significant progress in digital and intelligent transformation[44]. Data Management and Collection - The company has accumulated over 500 billion data entries as of December 31, 2024, with an average daily data collection of over 500 million entries[128]. - The annual increase in text and image data exceeds 150 billion entries, while short video data reaches approximately 40 billion entries[128]. - The company ensures data quality by adhering to the DCMM data management capability maturity model, achieving a robust level 3 certification[130]. - Data is sourced from official media and government institutions, ensuring accuracy and reliability through a strict "three reviews and three checks" information release system[130]. - The company employs a self-developed intelligent collection platform to ensure compliance and traceability of data sources[125]. - Data processing results in over 300TB of text and indexed storage annually, supporting business development[128]. Technology and Model Development - The Tuotian model has achieved a pre-training data volume of 360G, integrating high-value data sources such as industry white papers and books to improve knowledge enhancement and diversity[87]. - The Tuotian-34b-Chat model, fine-tuned from Yi-34B, achieved a C-Eval score of 80.10, demonstrating significant performance improvements over the base model[89]. - The company has enhanced inference speed through techniques such as quantization and structural pruning, significantly reducing memory usage and computational complexity[91]. - The company has developed specialized capabilities in various fields, including finance, media, and public administration, enhancing its model's performance in generating reports and analyzing data[97]. Revenue Growth and Market Expansion - The digital enterprise segment achieved revenue of 366 million, a year-on-year increase of 17.02%, serving 32 central enterprises, representing 32% of the central enterprise market[156]. - The open-source intelligence segment reported revenue of approximately 24.89 million, a year-on-year growth of 111.89%, with data service revenue related to national overseas interests exceeding 13 million, up 550%[160]. - The digital government segment generated revenue of 174 million, reflecting a year-on-year growth of 1.74%, with project numbers increasing by 13%[162]. - The media integration segment faced challenges, with revenue declining to 76.47 million, a year-on-year decrease of 21.78%[164]. Customer Engagement and Retention - The company's enterprise reputation risk management business maintained a high customer retention rate of 85%, an increase of 4.9% from the previous year[157]. - The company has established over 100 trial accounts for the "Shanghai Securities Eagle" intelligent monitoring service platform, converting 32 into formal users, over 50% of which are listed companies[157]. Strategic Partnerships and Collaborations - The company has signed a second-phase contract with a Hong Kong disciplinary force, focusing on open-source intelligence services in the field of new types of online fraud, enhancing market penetration in the Guangdong-Hong Kong-Macao region[175].