Newtouch(SH:688590) Zheng Quan Ri Bao·2025-05-29 13:42Core Viewpoint - The company has positioned AI as the core driver of its business growth, with significant revenue increases in IT solutions and enterprise services due to advancements in AI technology [2][3][4]. Financial Performance - In 2024, the company achieved total revenue of 1.995 billion RMB, with a net profit of 8.0927 million RMB. In Q1 2025, revenue reached 434 million RMB, and net profit was 15.7279 million RMB, reflecting a year-on-year growth of 4.04% [2]. AI Business Growth - The IT solutions segment generated 1.681 billion RMB in revenue in 2024, marking a year-on-year increase of 19.37%. This growth was primarily driven by the rapid expansion of AI-related IT services, including upgrades to AI modules [2][3]. Strategic Partnerships - The company has signed cooperation agreements with several major domestic internet and large model manufacturers to enhance its AI ecosystem, focusing on collaborative innovation and customer service [2][3]. AI Infrastructure Development - The company is deepening its collaboration with domestic computing power vendors and has launched AI integrated machines, achieving over 100 orders in the financial and judicial sectors by the date of the 2024 annual report [3]. Enterprise Services Growth - The enterprise service segment generated 692 million RMB in revenue in 2024, reflecting a year-on-year growth of 24.14%, driven by the rapid development of the digital economy [3][4]. Industry Focus Areas - The enterprise service business is concentrated in advantageous sectors such as telecommunications, government, and automotive, with a focus on enhancing existing channel management systems and expanding into telecom enterprise services [4]. Future Strategy - The company plans to continue embracing AI comprehensively, integrating AI technology with its core business systems while expanding innovative operations in the AI field and IT infrastructure [4].