Primeton(SH:688118) Shang Hai Zheng Quan Bao·2025-04-22 20:40Core Viewpoint - The company is a leading provider of software infrastructure products and solutions in China, focusing on the needs of various industries for self-controllable software infrastructure, leveraging its proprietary low-code platform and middleware products to enhance digital transformation capabilities [3][9][10]. Company Overview - The company specializes in software infrastructure products and solutions, targeting industries such as finance, telecommunications, government, energy, and advanced manufacturing [3][9]. - The business model includes software platform products and technology services, with a focus on "software products + technology services" [3][4]. Business Operations - The company employs a marketing model that includes brand promotion, pre-sales, and business phases to enhance brand recognition and secure orders [5]. - Delivery and pricing models vary based on the type of service provided, including product delivery and technical service delivery [5][6]. - The company has developed a unique R&D model called iPALM, which emphasizes market orientation and customer-centric development [7]. Industry Situation - The software and information technology services industry is experiencing rapid growth, driven by digital transformation across various sectors [10][12]. - The industry is characterized by the integration of artificial intelligence, cloud computing, and big data technologies, with a projected annual growth rate of 12%-15% over the next 5-10 years [10][12][14]. - The company is positioned to leverage trends in AI and low-code development to enhance its market presence and product offerings [15][16]. Financial Performance - The company plans to distribute cash dividends of RMB 1.50 per share for the 2024 fiscal year, totaling approximately RMB 13.77 million [1][2]. - In the first quarter of 2025, the company reported a narrowing net loss of RMB 1.17 million, indicating improved operational quality [22].