紫光股份有限公司2025年第一季度报告

Core Viewpoint - The company, Unisplendour Corporation Limited, reported a revenue of 79.024 billion yuan for 2024, marking a year-on-year increase of 2.22%, with a net profit attributable to shareholders of 1.572 billion yuan [6][7]. Company Overview - Unisplendour operates in the next-generation information and communication technology (ICT) sector, providing a full-stack intelligent ICT infrastructure and cloud solutions [4][5]. - The company’s main products include network devices, servers, storage products, cloud and intelligent solutions, active security products, and smart terminals [4][5]. Business Performance - In 2024, the company focused on a "computing power x connectivity" strategy, achieving a revenue of 79.024 billion yuan, with the ICT infrastructure and services segment contributing 54.459 billion yuan, a 5.73% increase year-on-year [6][7]. - The company’s R&D investment reached 5.102 billion yuan, reflecting a commitment to innovation in network, security, computing, storage, cloud computing, and AI [6]. Market Position - Unisplendour's subsidiary, H3C Group, reported a revenue of 55.074 billion yuan in 2024, with significant growth in domestic and international markets [7]. - The company maintained leading market shares in various segments, including 38.2% in the enterprise campus switch market and 54.4% in the blade server market in China [7]. Financial Highlights - The company proposed a cash dividend of 0.75 yuan per share for 2024, based on a total share capital of 2.860 billion shares, totaling approximately 214.51 million yuan [3][29]. - The net profit for 2024 was reported at 1.572 billion yuan, with a decrease in operating expenses by 7.17% year-on-year [6]. Important Transactions - In 2024, the company completed the acquisition of a 30% stake in H3C Group for approximately 2.143 billion USD, increasing its ownership from 51% to 81% [9]. - The company has future arrangements for the remaining 19% stake in H3C, including options for purchase and sale [10][11]. H-Share Listing Plans - The company plans to issue H-shares and list on the Hong Kong Stock Exchange, with preliminary preparations already underway [13][52].