德生科技：数据产业利好政策频出，有望加速业绩兑现

Core Viewpoint - Desheng Technology (002908) demonstrates strong development potential in Q3 2024 despite a complex global economic environment, successfully transitioning its business strategy towards consumer-oriented services [1] Group 1: Financial Performance - The company achieved a cumulative operating revenue of 414 million yuan from the beginning of the year to date, with a single-quarter revenue of 124 million yuan in Q3, reflecting robust operational capabilities [1] Group 2: Strategic Adjustments - In response to market changes, the company shifted its focus from traditional ToG (government) and ToB (business) models to ToC (consumer) operations, enhancing its digital livelihood services [1] - The gradual improvement of the company's "AI service engine" has significantly increased its reach and accuracy in consumer services, establishing a solid competitive barrier and market advantage [1] Group 3: C-end Business Achievements - The collaboration with China UnionPay to create the "Credit Medical Payment" service has seen notable success, with over 70 top-tier hospitals in Guangzhou adopting the service and nearly 900,000 signed users [1] - The company has gained service provider status from the Guangzhou Medical Insurance Bureau and expanded its C-end user base through partnerships with healthcare service providers [1] Group 4: Digital Employment Services - Desheng Technology has made significant strides in digital public employment services by assisting the government in building a public employment service platform that offers a comprehensive employment operation service system [1] - The company utilizes AI models to interact with job seekers and employers, achieving precise job matching and contributing to the development of a digital gig market in certain areas of Guangzhou [1] Group 5: Policy Environment - Recent policies from the State Council and the National Data Bureau signal a favorable phase for the data factor industry, providing new development opportunities for companies like Desheng Technology that focus on data resource development and utilization [1] Group 6: Future Outlook - The company plans to continue focusing on maintaining cash flow and profit, committing to business transformation, expanding C-end services, and enhancing service quality and user experience [1]