【私募调研记录】神农投资调研阿拉丁

Group 1 - Shennong Investment recently conducted research on Aladdin, focusing on the operation of the Kasima platform, competitiveness, revenue structure, profit fluctuations, delivery times, sales models, platform differentiation, and investment mergers and acquisitions [1] - The Kasima platform operates independently from the Chinese Academy of Sciences, covering a wide range of businesses with 247,000 registered members, over 1,800 research institutions, and 10,218 suppliers, achieving an annual transaction volume of nearly 4 billion [1] - Revenue sources for the Kasima platform include store fees, bridge fees, value-added service fees, and advertising fees, with 2023 profits being high due to non-recurring income, while a decline in 2024 profits is not attributed to core business operations [1] Group 2 - Shennong Investment Management Co., Ltd. was founded in 2009, focusing on the pharmaceutical, technology, and consumer sectors, and has won multiple awards for its investment performance [2] - The company has developed into a significant asset management firm with a strong team and long-term excellent performance, recognized for its influence in the industry [2]