Financial Performance - In 2024, the company achieved operating revenue of 318.79 million yuan, a decrease of 33.97% year-on-year [4] - The net profit attributable to shareholders was -45.31 million yuan, down 202.85% compared to the previous year [4] - The non-recurring net profit was -57.03 million yuan, a decline of 284.54% year-on-year [4] - In Q1 2025, the company reported a net profit of 3.80 million yuan, an increase of 9.32% year-on-year, and a non-recurring net profit of 1.12 million yuan, up 57.08% [4][5] Business Challenges - The company faces significant growth pressure due to the shrinking traditional planning market, declining customer payment capabilities, and intensified industry competition [2][7] - The revenue decline is attributed to the ongoing investment in new urban operation and smart city projects, which have not yet contributed significantly to performance [7] Strategic Initiatives - The company aims to enhance profitability through several measures, including focusing on core businesses with short-term revenue potential, optimizing R&D efficiency, and strengthening financial management [3][4][14] - R&D investment reached 45.31 million yuan, accounting for 14.21% of operating revenue, indicating a commitment to innovation despite financial challenges [21] Market Position and Opportunities - The company is positioned as a leading player in the planning and design industry, with a market share in the planning design sector estimated between 50-65 billion yuan [8] - Future growth points include expanding traditional business segments, leveraging AI products, and exploring overseas markets [9][26] Cost Control Measures - The company has implemented strict cost control measures, including reducing expenses related to rent, utilities, and travel, while utilizing AI products to enhance project efficiency [3][11] ESG and Social Responsibility - The company integrates ESG principles into its operations, ensuring compliance with environmental regulations and actively engaging in community support initiatives [22][23] Communication with Investors - The company maintains diverse communication channels with investors, ensuring transparency and protecting the rights of shareholders [24][32]

Group 1 - The core point of the article is that Teslin has recently refiled its prospectus with the Hong Kong Stock Exchange after its previous submission expired, but it has not disclosed specific details regarding the financing scale and share ratio [1] - Teslin, established in 2015, focuses on providing end-to-end smart city solutions for governments, enterprises, and communities, utilizing its self-developed AIoT operating system, TacOS [1] - The company has experienced significant losses exceeding 3.1 billion RMB since 2021, with revenues growing from 738 million RMB in 2022 to 1.843 billion RMB in 2024, marking an 83.2% year-on-year increase in 2024 [2][3] Group 2 - Teslin's revenue structure has shifted significantly, with revenue from AI industry digitalization increasing from 64% in 2022 to 89% in 2024, while revenue from AI city intelligence decreased from 20.7% to 7.8% during the same period [4] - The company's revenue is primarily derived from software, hardware, and services, with hardware becoming the main revenue contributor in 2024, accounting for 76% of total revenue [4] - The sales cost as a percentage of total revenue increased from 69% in 2023 to 84.7% in 2024, leading to a decline in gross margin from 31.0% to 15.3% [5] Group 3 - Teslin's customer concentration risk is high, with a growing dependency on major clients despite an increase in total customer numbers from 224 in 2022 to 342 in 2024 [6][7] - The revenue contribution from the top five clients increased from 44.5% in 2023 to 70.6% in 2024, with the largest single client contributing 29.7% of total revenue in 2024 [7][8] - Many of the company's major contracts are awarded on a project basis and are non-recurring, posing a risk to cash flow and financial stability if major clients do not continue to engage the company [8]

（文章来源：经济日报） 城市更新行动，不仅是物理空间再造，更是生活方式升级。以经营家庭宜居理念推进城市运营。统筹推 进城市社区通水通路通信、生产生活生态、就医就业就学，统筹推进生活垃圾分类处理、建筑垃圾治 理、综合杆箱、危旧桥梁、停车设施等市政基础设施提升改造。例如，山东省烟台市开展"飞线入地"整 治行动，着力解决电线飞天入地、雨污分流、小微活动广场、社区食堂配建、无障碍设施建设等市民反 映强烈的困扰和"顽疾"；协同推进历史文化街区、老旧小区、口袋公园、绿地开放共享等既有片区一体 设计、系统改造，打造一体多能的嵌入式社区服务综合体。又如，重庆市江北区做好背街小巷改造"最 后一公里"，打造"巷"往生活，老旧小区华丽转身成为咖啡精酿、新派餐饮、摄影体验的"网红打卡 地"；湖南省长沙市将城中村改造成"留形留魂留乡愁"活态城市发展记忆展厅，切实增强市民群众对城 市功能的体验舒适度以及社区服务可及性，构建看得见、可感知、能体验的宜居城市。 城市，是中国式现代化的重要经济引擎。实施城市更新行动，要着力增强城市的整体性、系统性、宜居 性、包容性和生长性，打造宜居、韧性、智慧的城市。近日召开的中央政治局会议强调，"加力实施城 ...

证券代码：301505 证券简称：苏州规划 编号：2025-001 苏州规划设计研究院股份有限公司投资者关系活动记录表 | 投资者关系活动 | □特定对象调研 □ 分析师会议 | | --- | --- | | 类别 □ | 媒体采访 √ 业绩说明会 | | □ | 新闻发布会 路演活动 □ | | □ | 现场参观 | | □ | 其他 （请文字说明其他活动内容） | | 参与单位名称及 | 投资者网上提问 | | 人员姓名 | | | 地点 | 公司通过全景网"投资者关系互动平台"（https://ir.p5w.net） | | | 采用网络远程的方式召开业绩说明会 | | 上市公司接待人 | 1、苏州规划 董事长李锋 | | 员姓名 | 2、苏州规划 董事、总经理钮卫东 | | | 3、苏州规划 副总经理、董事会秘书王佳琦 | | | 4、苏州规划 副总经理、财务总监许金花 | | | 5、长江保荐 保荐代表人章睿 | | | 6、独立董事 卜璐 | | | 1、领导，您好！对于苏州城市发展规划中的重点领域，如 | | 投资者关系活动 | | | 主要内容介绍 | | | | 展贡献自己的力量。感谢您的 ...

金属结构件细分领域众多，特别是汽车零部件，不同公司主营业务 产品结构并不一致，公司主营业务包括了汽车模具、汽车车身结构件、 动力电池箱体、光伏储能设备、通信服务器等产品。 就汽车领域，2024 年中国汽车行业保持高质量发展，汽车产销分别完成 3,128.2 万辆和 3,143.6 万辆，同比增长 3.7%和 4.5%，连续两年突破 3,000 万辆大关， 新能源汽车表现尤为亮眼，市场渗透率超过 40%，标志着产业进入规模 化发展新阶段。公司 2024 年汽车零部件全年营收 50.02 亿元，占比 74.18%，同比增长 12.86%。其次是，2024 年中国汽车出口量达到 585.9 万辆，同比增长 19.3%，汽车出口再创新高。2024 年公司海外市场营收 6.29 亿元，同比增长 12.89%，墨西哥子公司营收高速增长，全球化布局 成效初显。 2024 年全国光伏新增装机 2.78 亿千瓦，同比增长 28%，其 中集中式光伏 1.59 亿千瓦，分布式光伏 1.18 亿千瓦。2024 年公司光储 设备营收 12.17 亿元，占比 18.04%，同比增长 123%，成为第二大增长 引擎。通信及服务器等产品的营 ...

| 建筑央企 | 净利润 | 同比 | 营业收入 | 同比 | | --- | --- | --- | --- | --- | | 中国建筑 | 150.13 | 0.60% | 5553.42 | 1.10% | | 中国中铁 | 60.25 | -19.46% | 2485.64 | -6.21% | | 中国交建 | 54.67 | -10.98% | 1546.44 | -12.58% | | 中国铁建 | 51.51 | -14.51% | 2567.62 | -6.61% | | 中国电建 | 26.36 | -12.03% | 1425.60 | 1.61% | | 中国能建 | 16.12 | 8.83% | 1003.71 | 3.05% | | 刘母国母 | 16.07 | -40.00% | 1222.72 | -18.46% | | 中国化学 | 14.45 | 18.77% | 444.99 | -0.98% | | 中国核建 | 5.51 | -1.01% | 295.49 | 1.77% | | | | 注:制图/刘昱汶 数据来源:根据上市公司公告整理 | | | 华夏时报（ww ...

"我们希望通过数据融合，让城市治理更有预见性。"武汉云相关负责人介绍，武汉城市安全风险监测预警平台整合桥隧、燃气等重点 设施的多维数据，构建全域监测体系，实现从"被动应急"到"主动预警"的转变，助力筑牢城市安全防线。 第八届数字中国建设峰会近日在福州举行，武汉市新型智慧城市建设的核心平台"武汉云"精彩亮相，以"数据赋能·智慧连接"为主题， 集中展示了武汉在数据治理、数据应用、数据安全等方面的创新成果，吸引各界广泛关注。 在数字中国建设峰会的"新产品、新技术"发布会上，"武汉城市安全风险监测预警平台"和"城市'一网统管'市区一体化平台"成为现场焦 点。 在峰会成果展区，武汉云还展示了其"收数、治数、用数、保数"全生命周期的智慧城市解决方案。依托城市信息模型（CIM），构建 起以数据为底座的城市数字公共基础设施平台。全国首创的"万物标识体系"也成为亮点，为城市中每一个实体赋予唯一"数字身份证"，实 现城市级的"数实融合"。 此外，武汉云构建起覆盖物理安全到运维安全的七层云原生防线，为城市数字化发展筑牢安全屏障；一体化数字资源管理平台已归集 全市240个应用系统数据，支撑城市治理与公共服务高效运行。 在生态建设方面 ...

Core Insights - The company, Huashi Technology, reported a strong revenue growth of 241.85% year-on-year in Q1 2025, reaching 137 million yuan, despite a net profit decline of 65.86% to -2 million yuan, indicating potential for future growth [1] - The smart city market in China is expected to exceed 200 billion yuan by 2026, with a compound annual growth rate (CAGR) of 12%, driven by government policies and digital transformation initiatives [1] - Huashi Technology has established itself as a key player in the smart city sector, leveraging its core technologies in software, IoT, big data, and AI to provide customized solutions [1][4] Company Achievements - The company has received 25 national and provincial honors, showcasing its strength in technological innovation and product development [2] - Notable products include an AI-based mobile safety supervision system for power operations and a digital service platform for inland shipping, which have been recognized in various provincial directories [2] - Huashi Technology has a robust intellectual property portfolio with 57 invention patents, 17 utility model patents, and 347 software copyrights, supporting its ongoing technology output and value creation [3] Market Position and Strategy - The company adopts a dual-driven development model of "customer needs + technology research," differentiating itself from traditional software firms by integrating advanced technologies into its solutions [3] - Huashi Technology's ability to extend its core technologies across multiple application scenarios enhances its adaptability to market demands [3] - Despite a slight decline in net profit due to seasonal factors and increased R&D investment, the company is expected to improve its profitability as projects enter the settlement phase and product structure optimization occurs [4][5] Industry Outlook - The digitalization and intelligence of urban governance are advancing, with smart cities transitioning from concept to large-scale implementation [4] - IDC data indicates that spending on smart cities in China will maintain double-digit growth, with AI, edge computing, and cloud computing being key drivers [4] - Huashi Technology is well-positioned to benefit from industry growth, leveraging its technical expertise and project experience to replicate success in various verticals [5]

证券研究报告 侨银股份 (002973 CH) 24 年业绩符合预期，布局智慧城市机 器人领域 | 华泰研究 | | | 更新报告 | | --- | --- | --- | --- | | 2025 年 | 5 月 | 04 日│中国内地 | 废物管理 | 侨银股份公布业绩：2024 年实现营收 39.14 亿元（yoy-0.74%），归母净利 2.89 亿元（yoy-8.71%），基本符合我们预期（2.94 亿）；1Q25 实现营收 9.36 亿元（yoy-4.32%），归母净利 0.68 亿元（yoy-29.73%），低于我们预期 （0.91-1.01 亿元），主要系收入低于预期、1Q24 坏账准备转回所致。公司 新签合同年化金额保持增长，持续布局环卫机器人领域，完善智慧环卫生态 体系，维持"买入"评级。 拓展 6 个重点城市，物业和人工智能等多领域实现突破 截至 2024 年末，公司在手待执行订单总额达 420 亿元。2024 年新进入 6 个重点城市，在物业、人工智能装备、科技服务、再生资源循环利用等领域 实现突破性发展。公司作为中国城市管理服务领军企业，业务布局全国，品 牌和规模优势显著，待执行合 ...

每经记者 张凌霄 每经编辑 唐元 从文化创意到生态文明，从科技创新到国际开放，成都的多元、创新、活力和奋进正在写下一个个独一无二的城市故事，每一个来到这里的人都会和这座城 市结下不小的缘分。 胡安·卡洛斯·贝罗索（Juan Carlos Belloso）毫不怀疑自己也是其中的一员。 作为国际咨询专家、未来之地（Future Places）创始人，胡安在国际合作、城市推广、品牌营销等领域深耕20多年。对于与他的家乡巴塞罗那在产业和创新 等许多方面都有相似之处的成都，他一直有很多期待和好奇。 2019年，胡安曾经在成都短暂停留，但当时他并没有机会深入地了解这座城市。"五一"前夕，他终于再次踏上成都的土地，一探这座城市的真实面貌。这次 重游中，成都的每一处变化都让他倍感惊奇。"成都现在的发展方向非常合理，这座城市实现了经济发展和生活质量的平衡，在高新科技和文创产业发展的 同时，公园城市建设和城市社区的打造提升了生活品质，这里有着独特的城市魅力。" 图片来源：每经记者 张凌霄 摄 "如果我住在成都，一定经常骑行绿道" 从锦城湖出发，骑上单车一路向西。阳光明媚，花海飘香，风吹过彩色的稻田，荡起了层层麦浪。从高架桥的绿道 ...