Core Viewpoint - Mingyuan Cloud's chairman Gao Yu stated that the most challenging times have passed, and the company will focus on high-quality clients and AI innovation moving forward [3]. Financial Performance - For the fiscal year 2024, Mingyuan Cloud reported total revenue of 1.435 billion RMB, a decrease of 12.5% year-on-year [5][6]. - The company incurred a loss of approximately 190 million RMB, which is a 67.7% reduction compared to the previous year [3][5]. - Adjusted net loss was 43.96 million RMB, down 74.1% year-on-year [3][5]. Business Segments - The cloud service revenue declined by 10.7% to 1.195 billion RMB, accounting for 83.3% of total revenue [6]. - The customer relationship management product line, "Yunke," generated revenue of 859 million RMB, a decrease of 9.2% year-on-year [6]. - The asset management and operation product line recorded 99.8 million RMB, showing a growth of 14.2% [9]. AI and Innovation - The cumulative signed amount for the AI product "Yunke" reached nearly 28 million RMB, adopted by major real estate companies [3][6]. - The company anticipates a three-digit growth in paid income from AI commercial products in the real estate sector [3]. Market Outlook - Gao Yu expressed optimism about the recovery of the real estate market, noting that the probability of a significant further decline is low [9]. - The company plans to enhance profitability by focusing on core products and establishing better relationships with state-owned and quality private enterprises [12]. Strategic Initiatives - Mingyuan Cloud is launching an overseas market strategy, targeting regions such as Japan, Singapore, Malaysia, and Indonesia, with a direct sales team exceeding 300 members [13]. - The company aims to develop AI+/AIOT SaaS products and explore opportunities in the Middle East and North America [13].
直击业绩会｜明源云董事会主席高宇：最艰难的时刻已过去，未来将聚焦优质客户与AI创新