Core Insights - Yuan Dao Communication (元道通信) reported a revenue of 1.282 billion yuan and a net profit of 42.36 million yuan for the year 2024, with total assets reaching 3.434 billion yuan, reflecting a year-on-year growth of 20.76% [1] Business Overview - The company is a leading communication technology service provider, primarily serving telecom operators such as China Mobile, China Telecom, and China Unicom, as well as infrastructure operators like China Tower [1][2] - Yuan Dao Communication offers services including communication network maintenance and optimization, as well as network construction to ensure stable and high-quality network environments for end users [1] Service Expansion - The company has deepened its presence in the communication network maintenance sector, covering 10 provinces for China Mobile and 10 regions for China Tower, and has expanded its service areas to include Zhejiang and Chongqing [2] - Yuan Dao Communication has established long-term partnerships with major clients and has been recognized for its contributions to significant events and disaster relief efforts [2][3] Financial Performance - The core business segment of communication network maintenance and optimization generated a revenue of 999.5 million yuan, with a gross profit margin of 16.03%, an increase of 1.39% from the previous year [3] Technological Innovation - The company is leveraging industry trends in the 5G era by developing digital management solutions and software products, including the "Xiao Yuan" AI model aimed at enhancing operational efficiency and reducing costs [4] - The information communication hardware and software segment achieved a revenue of 201 million yuan, marking a growth of 65.31% year-on-year, with a stable gross profit margin of 15.54% [4] Future Outlook - Yuan Dao Communication plans to continue focusing on traditional base station maintenance while expanding into renewable energy and computing power services, aiming to transform into a comprehensive service provider in "green energy + intelligent computing power" [5][6]
元道通信核心代维业务毛利率突破16% 自研AI大模型"小元"落地新疆自贸区智算赛道