"随着游戏市场的日益成熟，玩家群体的增长逐渐放缓，头部游戏公司为了维持和扩大市场份额，对玩 家的争夺变得更加激烈"，中手游在2024年度财报中坦言。 财报显示，报告期内，中手游实现收入约19.3亿元，经调整净亏损为约20.8亿元，较2023年由盈转亏。 亏损主要在于，多款项目特别是自研核心游戏《仙剑世界》延期上线，其上线后表现亦未达预期。此 外，中手游计提较大的商誉减值和投资减值以及其他非经营性开支，这对 2024 年财务业绩造成了较大 压力。 截至2024年12月31日，中手游拥有51个授权IP及68个自有IP，共计119个。中手游希冀，2025年进入全 面的利润回收期，使集团各业务板块重回增长轨道。 海外收入占比14.1% 从已公布的数据来看，中手游表现并不好。2021—2024中手游业绩已连续大幅下滑，分别实现营业收入 39.57亿元、27.14亿元、26.06亿元和19.3亿元，同时，调整净利润分别为6.3亿元、-1.96亿元、5379万 元、20.8亿元。 去年，其小游戏业务的表现较为亮眼。《消个锤子》冲上微信游戏畅销榜第 32 位，在小游戏塔防三合 消除品类游戏中独占鳌头。《主公别跑》多个月份流水 ...

Core Viewpoint - AAC Technologies (瑞声科技) reported record revenue of RMB 27.33 billion for the fiscal year 2024, marking a year-on-year increase of 33.8% and a significant improvement in profitability with a net profit growth of 142.7% to RMB 1.8 billion [1] Group 1: Financial Performance - The company's gross margin improved to 22.1%, an increase of 5.2 percentage points year-on-year [1] - The optical business generated revenue of RMB 5 billion for the full year 2024, reflecting a year-on-year growth of 37.9% and a gross margin increase of 19.5 percentage points to 6.5% [1] Group 2: Optical Business Developments - In the second half of 2024, the optical business revenue reached RMB 2.79 billion, showing a year-on-year increase of 50.2% and a quarter-on-quarter increase of 26.0% [1] - The shipment of 6P and above plastic lenses is on the rise, with 6P lens shipments exceeding 18% in the second half of 2024, and expected to continue increasing in 2025 [2] - The optical module revenue grew significantly by 55.2% year-on-year, with 32M pixel and above module shipments accounting for 32.0% of total shipments, an increase of nearly 4 percentage points year-on-year [2] Group 3: WLG Technology and Applications - The WLG (Wafer Level Glass) lens technology has been adopted in several mid-to-high-end models, including Redmi K50 and Sony Xperia pro-I, showcasing its optical performance advantages [3] - The management highlighted the unique advantages of WLG in producing micro-prisms, which enhances production efficiency and precision, with products already recognized by clients [3] Group 4: Future Growth Areas - The company is strategically positioned in the automotive optical sector, collaborating with leading overseas new energy clients on high-spec projects that are set to enter mass production [3] - In XR optics, AAC Technologies is focusing on opportunities in diffractive waveguides and light engines, with successful partnerships established for production lines and multiple client projects in development [4]

智通财经APP获悉，3月27日，网龙(00777)召开2024年年度业绩发布会。集团副董事长兼执行董事梁念 坚博士介绍，在游戏板块，公司持续推进"游戏+AI"战略，不仅优化开发效率与画面表现，还延长《魔 域》等经典IP的生命周期。在教育板块，欧美市场短期承压，预计2026年实现全面复苏。 2024年，AI应用正加速渗透各行业，网龙积极布局"AI+游戏"和"AI+教育"双赛道成效显著。据网龙集团 代理首席财务官刘克建先生介绍，2024年，公司的毛利率提升3.3个百分点至65.2%，EBITDA利润率增 长4.8个百分点至23.4%，税前利润增长19%至7.6亿元。 另外，公司经营性现金流增长至11亿元并连续六年保持超10亿现金流。基于强劲的现金流，集团宣布派 发末期股息每股普通股0.50港元(2023年末期股息：每股普通股0.40港元)，同比增长25.0%。值得注意的 是，得益于2024年第四季度启动的AI降本措施，网龙今年经营开支将进一步压减。 具体来看，近年来，网龙在AI与游戏的结合上取得了重要突破。据网龙集团高级副总裁林琛介绍，从 2023年开始，AI不仅帮助网龙实现了显著的降本增效，如在研发团队精简14 ...

年报数据显示，报告期末，公司活跃企业客户数5.1万家，较2023年同比增长9.1%。服务设备数由2023 年的120.4万台增长至2024年的137.4万台，同比增长14.1%。此外，易点云还在业绩公告中提到2024 年"核心客户"同比增长15.8%。 2024作为AI元年，易点云先后上线惠普、联想以及苹果等品牌AI PC，丰富IT产品品类。从中小企业真 实办公场景出发，易点云还通过整合上下游供应链，自研商务专用一体机、显示器、主机等，为企业客 户提供更加性价比的服务。 在售后维修方面，与企业直接采购电脑相比，易点云全程一站式IT服务保修期更长，时效性更强，同时 无需额外付费，这对缺乏IT支持的中小企业来说具有重要意义。此外，易点云自研工程师调度系统"璇 玑"，能够对全国6000+工程师进行实时调度，售后维修可以最快2至4小时上门服务。数据显示，2024 年易点云的核心客户留存率近90%。 2024年5月，易点云独立自研DefectGPT——工业级大模型再制造机器人产线应用。据悉，Defect GPT在 巩固易点云行业领先优势的同时，还为公司规模化再制造提供支撑。根据企业业绩报告，易点云2024年 再制造年产 ...

Core Insights - Sunshine Insurance Group reported a total revenue of 90.27 billion yuan for 2024, representing a year-on-year growth of 15.4%, with a net profit attributable to shareholders of 5.45 billion yuan, up 45.8% from the previous year [1][2] Group Performance - Total premium income for Sunshine Insurance reached 128.38 billion yuan, an increase of 8.0% year-on-year, with insurance service income at 64.00 billion yuan, growing by 6.9% [2] - The embedded value of the group was 115.76 billion yuan, reflecting an 11.2% increase compared to the end of the previous year [2] Life Insurance Segment - Sunshine Life achieved total premium income of 80.45 billion yuan, a year-on-year increase of 7.8%, with new business value for the year at 5.15 billion yuan, up 43.3% [2] - The individual insurance business generated total premium income of 22.87 billion yuan, growing by 22.5%, with new single premium income of 6.00 billion yuan, increasing by 39.6% [2] - The activity of individual insurance agents improved, with a year-on-year increase of 8.3% in active personnel and a 21.9% rise in per capita productivity [2] Non-Life Insurance Segment - The total premium income from the insurance business was 50.03 billion yuan, marking a 1.8% increase, with new single premium income of 13.22 billion yuan [3] - Sunshine Property Insurance reported original premium income of 47.82 billion yuan, up 8.1%, with a combined ratio of 99.7% and an underwriting profit of 120 million yuan [3] - The non-auto insurance premium income reached 21.11 billion yuan, growing by 16.7%, with policy-related businesses seeing a significant increase of 94.8% [3] Investment Performance - The total investment assets of Sunshine Insurance Group amounted to 548.58 billion yuan, a 14.3% increase from the previous year [3] - The total investment income was 19.85 billion yuan, reflecting a year-on-year growth of 35.8%, while the comprehensive investment income surged by 111.6% to 29.78 billion yuan [3] Management Changes - The company announced the resignation of executive directors Zhao Zongren and Wang Yongwen, with Wang Xiaopeng nominated as a candidate for the sixth board of directors [4][5]

Core Insights - The intelligent driving industry is experiencing structural growth driven by the wave of "intelligent driving equity," with 2025 being identified as the "year of intelligent driving equity" [1] - The decline in costs of core hardware such as lidar and high-performance chips, along with breakthroughs in end-to-end algorithms and large model technologies, is facilitating the penetration of advanced driving functions into the mainstream market [1][2] - Policies and consumer demand are resonating to catalyze industry growth, with the overall scale of the intelligent driving industry expected to exceed 105.6 billion RMB by 2025 [2] Company Performance - In 2024, the company reported revenues of 1.248 billion RMB, a year-on-year increase of 2.58%, while net losses amounted to 288 million RMB [3] - The core business of autonomous driving solutions generated revenues of 1.193 billion RMB, reflecting a growth of 5.5%, with the autonomous driving domain controller solutions contributing 1.135 billion RMB, up 1.7% [3] - Research and development (R&D) investment reached 281 million RMB, a 29.5% increase year-on-year, with R&D expenses accounting for 22.45% of total revenue [3][4] Market Positioning - The company has expanded its project acquisitions significantly, securing 35 new contracts with major automakers in 2024, bringing the total to 65 contracts [4] - The company is positioned to leverage the trend of "intelligent driving equity" by offering diverse and cost-effective solutions to OEMs [4] - The company has developed core algorithms, software middleware, and cloud platforms, enhancing its competitive edge in the market [4][6] Technological Advancements - The company is focusing on end-to-end and multi-modal large model research, with products and services expected to be mass-produced by 2025 [5] - A new generation of computing frameworks compatible with algorithm iterations is being developed to ensure seamless integration of hardware and software [6] - The company is enhancing its overseas market penetration through a German R&D center, providing localized services and technical support to Chinese automakers [6] Industry Outlook - The intelligent driving industry is undergoing a critical transition from technological breakthroughs to large-scale accessibility, creating new value coordinates [7] - Companies that invest in R&D to build technological moats and leverage mass production capabilities are likely to achieve significant value elevation [7] - The global demand for intelligent solutions is expected to drive participants with both technological depth and commercial resilience to transform from local innovators to global enablers [7]

在加速发展新质生产力，落实高质量发展的时代背景下，创新能力和对创新的投入，也成为了决定一家 企业能否抓住机遇，实现新的增长和突破的关键因素。联想控股(03396)今天公布的2024年度业绩显 示，凭借创新驱动的发展战略和在科创领域的长期布局投入，这家公司正在走出短期的波动，实现了业 绩的大幅回升。 2024年业绩报告显示，联想控股全年收入5128.06亿元（人民币，下同），同比增长18%；实现合并净 利润76.83亿元，归属于公司权益持有人净利润1.33亿元，实现了扭亏。 报告期内，联想控股旗下各基金平台持续深耕新兴产业与未来产业，新增投资项目超百个，涵盖人工智 能、量子计算、生物技术、新能源、半导体芯片、机器人、大数据与云计算、医疗健康、新材料等关键 领域，不仅助力突破技术瓶颈、实现产品创新与商业化落地，还推动相关产业的技术进步与升级。其中 在市场较为关注的具身智能领域，联想控股体系投资企业近40家。 此外，联想控股还将视野投射到更前沿的技术领域，通过自主技术攻坚形成核心专利集群，以前瞻技术 研究院为核心，通过与19家顶尖机构建立IP共创生态圈，挖掘了数百项核心技术;与高校联名申请专利 并开始布局科技创新催 ...

报告期内，渤海银行利息净收入155.42亿元，比上年下降11.92%；净利差1.12%，比上年下降0.07个百 分点；净利息收益率1.31%，比上年下降0.10个百分点。渤海银行指出，主要由于该行积极贯彻落实国 家政策，持续让利实体经济，资产端收益率同比下降，是净利差及净利息收益率收窄的主要因素。 2024年，渤海银行手续费及佣金净收入29.74亿元，比上年下降25.63%。渤海银行表示，主要由于代理 与资产管理业务手续费较上年有所下降。 在利息净收入和手续费及佣金净收入等下滑的情况下，2024年，渤海银行其他非利息净收入69.65亿 元，比上年增长107.76%。渤海银行称，主要由于交易收益净额较上年增长87.47%，金融投资净收益较 上年增长116.13%。 个人消费类贷款不良率超12% 截至去年末，渤海银行资产总额达到18438.42亿元，比上年末增长6.41%。渤海银行称，主要原因是金 融投资项目的快速发展带动了资产规模的增长。 近日，渤海银行发布2024年度业绩公告，数据显示，2024年该行实现营业收入254.82亿元，较上年增长 1.94%；实现净利润52.56亿元，较上年增长3.44%。 然而， ...

日前，易点云公布了2024财年全年业绩，成绩斐然。数据显示，2024年易点云营收13.6亿元，同比增长 6.8%；经调整EBITDA 6.8亿元，同比增长19.4%；经调整净利润8017万元，同比增长427%。 | 截至12月31日止年度 | | | | --- | --- | --- | | 2024年 | 2023年 | 變動(%) | | (人民幣千元,百分比除外) | | | | 收入 | 1,356,885 | 1,270,741 | 6.8 | | --- | --- | --- | --- | | 銷售 成本 | (800,328) | (718,393) | 11.4 | | 毛利 | 556,557 | 552,348 | 0.8 | | 除税前溢利(虧損) | 77,725 | (902,384) | -108.6 | | 經調整淨利潤* | 80,169 | 15,213 | 427.0 | | 經 調 整 EBITDA* | 676,288 | 566,336 | 19.4 | 另外一组数据同样值得关注。2024年，易点云财务费率降低2.3%，现金储备大幅增长10.5%。从两组数 据中 ...

Core Insights - The launch of DreamMaker by Fubo Group integrates AI-driven creative video production with industry-leading copyright protection and content monetization solutions [1][2] - DreamMaker is built on NVIDIA's Media2 technology and utilizes NVIDIA's accelerated infrastructure to enable independent creators to efficiently generate, create, and publish short video content while ensuring copyright compliance [1] - The product aims to enhance revenue and profit for independent creators, reflecting the company's strategic value in the global AI content industry and its unique advantages in technological R&D and ecosystem collaboration [1] Industry Context - Independent creators face challenges such as high costs, complex workflows, limited access to generative AI computing resources, and insufficient copyright protection and monetization [1] - The chairman of Fubo Group, Wang Yangbin, emphasized the significant potential of generative AI in the media and entertainment industry, stating that DreamMaker will unleash AI-driven creativity, allowing independent creators to profit from content production [1] - Fubo Group's expertise in content protection and monetization has earned the trust of long-term clients, including major Hollywood film companies and television networks, positioning DreamMaker as a transformative solution for the future entertainment ecosystem [2]