LONGSHINE(SZ:300682) Hua Xia Shi Bao·2025-04-23 08:19Core Viewpoint - Langxin Group reported a revenue of 4.479 billion yuan for 2024, a year-on-year decrease of 5.24%, and a net profit attributable to shareholders of -250 million yuan, marking a shift from profit to loss [2][5] Business Restructuring - The company has fully optimized and restructured its non-core businesses, including the divestiture of TV set-top boxes, digital cities, digital foreign trade, and industrial internet [3] - The restructuring is expected to have no further impact on the company's performance, allowing it to operate more efficiently starting in 2025 [3] Financial Impact - The strategic focus on core business led to a one-time financial impact of approximately 488 million yuan due to goodwill impairment, inventory impairment, and the capitalization of prior costs [2][5] - This restructuring resulted in the company's first loss since its listing, which may cause short-term market fluctuations but is seen as a necessary step for long-term growth [5] Energy Digitalization - In the energy digitalization sector, the company provided software solutions and digital services to major clients like State Grid and Southern Power Grid, achieving a gross margin of 33.99%, down 6.35% year-on-year [3][4] - The decline in gross margin is attributed to increased costs from expanding into new markets and developing new product lines, including AI and data platforms [4] Energy Internet Growth - The energy internet business generated 1.804 billion yuan in revenue, a year-on-year increase of 17.63, driven by rapid growth in power market transactions and AI applications [4] - The company is focusing on creating operational scenarios for electricity services, such as life payment and virtual power plants [4] AI Strategy - The establishment of an AI research institute in 2023 aims to enhance capabilities in energy market trading predictions and applications of AI in energy systems [6][9] - AI technology is expected to significantly improve operational efficiency and support the transition to a new energy system, addressing challenges in energy structure changes [7] Future Directions - The company plans to accelerate its transformation into an AI-driven technology energy enterprise, enhancing R&D investments in AI and applying it across business innovations [8][9] - Future strategies include transitioning from project-based software services to a platform-based energy operation model, focusing on AI applications in energy resource management [9]