同方股份文献数据库入表，估值超9000万元

Group 1 - The core viewpoint of the article highlights the significant growth in Tongfang Co., Ltd.'s data resources, which increased by 61% to 93.44 million yuan compared to the initial disclosure in the semi-annual report [1] - Tongfang's total revenue for 2024 reached 16.802 billion yuan, with a net profit attributable to shareholders of 141 million yuan, marking the first profit after four years of losses [4] - The main revenue source for Tongfang is nuclear technology applications, generating 6.376 billion yuan, accounting for nearly 40% of total revenue, with a gross margin of 32.94% [5] Group 2 - The digital information business of Tongfang, driven by knowledge services, big data, industrial internet, and generative AI technology, reported revenue of 3.936 billion yuan, with a gross margin of 32.73%, the second highest among its five main business segments [5][11] - Tongfang's subsidiary, CNKI, holds nearly 380 million literature resources and has faced frequent copyright disputes, including issues related to authors needing to pay fees to download their own papers [11][12] - The current copyright model of CNKI involves indirect authorization through agreements with journal publishers, which has led to legal challenges regarding the rights of authors [12][14] Group 3 - The market regulatory authority investigated CNKI for abusing its dominant market position in the Chinese academic literature database service market, resulting in a fine of 87.6 million yuan based on 5% of its 2021 sales in China [14] - The "three rights separation" framework established by the "Data Twenty Articles" indicates that data ownership, processing rights, and product operation rights are now distinct, with CNKI primarily holding processing and operational rights rather than ownership [16]