在数字经济成为全球经济增长新引擎的背景下，我国正加速推进数据要素市场化配置改革，释放数据要素价值潜能。作为国内领先的数据智能服务商，唐煦 数畅积极响应国家政策号召，依托技术创新与场景深耕，打造覆盖数据"数据资源→数据托管→数据产品→数据产品流通→数据确权入表→数据交易所挂牌 交易→数据资产→金融创新服务→城市数字身份，实现全链路数据价值挖掘，为政企客户提供安全、高效、合规的数据要素解决方案，助力数字经济高质量 发展。 政策引领，抢抓数据要素市场化机遇 近年来，国家相继出台《关于构建数据基础制度更好发挥数据要素作用的意见》《"数据要素×"三年行动计划》等政策，明确数据作为新型生产要素的战略 地位。唐煦数畅紧抓时代机遇，以"释放数据价值，驱动数智转型"为使命，构建从数据资源化到资产化的完整服务链条，推动数据要素在金融、医疗、工 业、政务等领域的深度融合应用，赋能实体经济提质增效。 1.数据托管与治理 政府端：建立政务数据统一托管平台，实现跨部门数据归集、数据治理、数据产品的开发流通、数据确权交易、数据资产的金融服务、数据安全存储等服 务。 企业/商户端：提供合规化数据托管服务，支持结构化与非结构化数据清洗、脱敏、 ...

Group 1 - The meeting led by Liu Liehong emphasized the importance of promoting the marketization and value realization of data elements, aiming for a high-quality economic and social development through data innovation and efficiency improvement [1] - Desheng Technology has been actively involved in the data element sector, particularly through its participation in the Guangzhou Data Exchange (Tianhe) service area, establishing a comprehensive data ecosystem [2][3] Group 2 - Desheng Technology has established a full layout of data operation services across G, B, and C ends, contributing to the government's digital economy strategy and enhancing enterprise competitiveness through data asset management [2][3] - The Tianhe service area model created by Desheng Technology is recognized as an innovative example in the development of the data element market, integrating operational services, product incubation, and enterprise cultivation [2][3] - The data trading performance in Tianhe District has been significant, with a cumulative transaction amount exceeding 1.3 billion, accounting for over 50% of Guangzhou's total data trading [3] Group 3 - Desheng Technology has cultivated 248 data element enterprises in Tianhe District and launched 452 trading items, promoting innovation in data applications [3] - The establishment of the Tianhe District Data Element Industry Association, with Desheng Technology as the secretary unit, aims to optimize resource allocation and enhance collaboration within the data industry [3][4] - Looking ahead, Desheng Technology plans to leverage its data asset management capabilities and ISO55013 certification to further develop the data element industry in Tianhe District and contribute to the digital economy in Guangzhou [4]

Group 1 - The Trusted Data Space Development Alliance was established on April 29, 2025, to promote the construction of a national integrated data market and accelerate the practical promotion of trusted data space [1] - Digital China Holdings Limited and its subsidiary, Shenqi Digital Co., Ltd., were approved as members of the alliance, recognizing their achievements in data security, trusted circulation, and digital transformation [1][2] - The alliance aims to focus on industry pain points and practical needs, promoting the development of key results and cultivating significant benchmarks in trusted data space [1] Group 2 - Digital China Holdings has a unique first-mover advantage in the data element field, with its Yanyun DaaS product covering the entire data lifecycle [2] - The company has launched Yanyun Infinity in collaboration with Peking University, creating a value loop from "Data for AI" to "AI for Process" [2] - The company's trusted data space solutions have been applied in various sectors, including government, supply chain, and finance, and are actively promoting the establishment of trusted data space standards [2] Group 3 - The company initiated a logistics data open interconnection initiative with Beijing Jiaotong University and China Data Union Logistics to accelerate the release of data element value in the logistics sector [3] - Trusted data space is seen as a key lever for the marketization and valuation of data elements, providing a safer and more efficient infrastructure for market allocation [3] - Membership in the Trusted Data Space Development Alliance offers opportunities for expanding the data element market, enhancing ecological cooperation, and promoting industry standard formulation [3]

Core Insights - The total national data production in China reached 41.06 ZB in 2024, marking a 25% year-on-year increase, with a per capita data production of approximately 31.31 TB, also reflecting a growth of 25.17% [2][3] Data Production and Growth - The national data production volume has surpassed 40 ZB for the first time, with a growth rate increase of 2.56 percentage points compared to the previous year [2] - The total computing power in 2024 reached 280 EFLOPS, with intelligent computing power accounting for 32% of this total, indicating a significant enhancement in data processing capabilities [2] Sector and Regional Distribution - Data production is concentrated in major economic provinces, with Guangdong, Jiangsu, Shandong, Zhejiang, Henan, and Sichuan accounting for 57.45% of the national total [4][5] - The financial sector remains a leader in data production, with the financial cloud market projected to reach $5.23 billion in the second half of 2024, reflecting an 11% year-on-year growth [6] Emerging Trends and Technologies - The rapid development of artificial intelligence has led to a 40.95% increase in data used for AI training and inference, with smart home and connected vehicle data growing at 51.43% and 29.28%, respectively [3] - New sectors such as low-altitude economy and robotics are emerging as significant contributors to data production, with growth rates exceeding 30% [3] Data Utilization and Market Dynamics - The report indicates that only 2.9% of the produced data is stored, highlighting a significant underutilization of data resources [7] - Active data utilization has improved, with a 22.73% increase in active data volume, and over 66% of leading enterprises have purchased data [8] Future Projections - The national data production is expected to continue growing, with projections indicating it may exceed 50 ZB by 2025, driven by emerging industries such as autonomous driving and low-altitude economy [9] - The data industry in China is anticipated to reach a scale of 7.5 trillion yuan by 2030, with over 190,000 related enterprises currently operating in the sector [9]

答：公司和 DeepSeek 之间没有股权关系，不过 DeepSeek 关联公司的一位重要 股东曾为公司创始核心骨干成员。公司也推出了基于 DeepSeek 的私有化部署、混 合云服务、大模型"子母机"以及"个知"App 等产品或服务，并在大模型基础上开发 了公文写作助理和 ChatBI 等产品或服务。例如，公文写作助理是公司打造的面向政 务场景的 AI 应用产品，它的优势在于：1）基于权威且可靠的政务语料作为模型语 料，公司已取得"学习强国"平台全库语料授权，在公文写作的严肃场景下，最大限 度减少模型幻觉；2）该产品能结合个人和各级政府部门的知识库，在发挥大模型 强大基础能力的同时，尽可能兼顾到用户的行业和个人特色，让模型更懂"你"；3） 该产品可以通过语音便捷交互方式，进行主旨要点交代、大纲编辑确认等操作，用 户体验会更好。因此，相较于其他 AI 写作工具，公司的公文写作助理是瞄准垂类 细分场景，不是偷懒式简单代写，而是基于可靠、权威语料的交互式 AI 写作助手。 谢谢！ 问 4："发数站"作为公司未来发展的亮点，能否重点介绍下。 证券代码：300766 证券简称：每日互动 每日互动股份有限公司 投资者关 ...

Core Insights - The company, 深桑达Ａ, has seen a stock price decline of 6.35% this week, closing at 19.9 yuan, with a total market capitalization of 22.645 billion yuan [1] - The company plans to focus on expanding its core customer base in the defense sector, state-owned enterprises, and national laboratories by 2025 [1][3] - The engineering segment is expected to experience significant revenue growth in 2024, but profit margins are anticipated to decline due to intense industry competition and project payment delays [1][3] - The company is transitioning from construction to service-oriented business, exemplified by its recent contract with China Mobile for a data center project [1][3] - The company is positioned as a leader in the "national cloud" market, with trends indicating a shift towards proprietary cloud technology and AI-driven intelligent computing [1][3] Company Developments - The company is set to release a new product aimed at facilitating cross-organizational data flow for large government and enterprise clients [2] - In the field of artificial intelligence, the company has launched three platforms to address data governance and model development challenges [2] - The company has made significant progress in vertical models for government and public security applications, with a digital grid worker capable of resolving approximately 80% of resident issues [2][3] - The company is actively involved in several pilot projects for data infrastructure in major cities, focusing on building a trusted data space [2][3] Legal and Financial Announcements - The company and its subsidiaries have been involved in 143 litigation and arbitration cases, with a total amount in dispute of approximately 696.83 million yuan [4] - The company has announced a dividend distribution plan for the 2024 fiscal year, proposing a cash dividend of 1.20 yuan per 10 shares, totaling approximately 136.56 million yuan [4]

截至2025年5月23日收盘，广电运通（002152）报收于11.57元，较上周的11.79元下跌1.87%。本周，广 电运通5月22日盘中最高价报11.99元。5月23日盘中最低价报11.56元。广电运通当前最新总市值287.33 亿元，在计算机设备板块市值排名9/84，在两市A股市值排名496/5148。 本周关注点 问：公司服务器业务目前发展如何？一体机订单情况？未来的发展潜力有哪些？答：1、控股子公司广 电五舟作为公司算力板块的重要布局，其以服务器的国产化、差异化和软硬一体化为核心业务，是国产 服务器行业定制领域的领导品牌。2022年至2024年广电五舟的营收分别为5.58亿元、12.98亿元、17.02 亿元，整体处于快速发展期。2、公司提供的大模型一体机系列产品已在智慧办公、智慧法律、智慧 IT、智慧教育、智慧医疗、智慧交通等众多领域中规模化落地。目前相关业务量占比较少，仅千万级 别。3、未来，一方面，公司会抓住国货国用的机会，做强广东、贵州、华东等重点区域市场，坚持差 异化、行业定制化策略，持续深挖运营商、金融、网安、超算等细分市场并打造标杆项目。另一方面， 公司会梳理业务策略，加强高价值项目的 ...

南财数据点评："构建全国统一大市场，强化市场基础制度规则的统一是首要任务。"北京市发改委相关 负责人指出，北京市将严格落实统一的市场基础制度规则，全面服务国内大循环。 2.河南发布首批23个数据资源开发利用试点 为加快释放数据要素价值，河南省发展改革委委员会日前公布了《首批河南省重点领域数据资源开发利 用试点名单》，选取了交通物流、文化旅游、医疗健康、现代农业、低空经济、金融保险、气象服务、 社会信用、便利支付、就业创业、绿色低碳、卫星遥感、智慧养老等13个重点领域的23个数据资源开发 利用试点，试点期限为两年。 南方财经全媒体记者徐小琼卓皙雯 广州报道 近期，全国多地数据要素市场建设跑出"加速度"。北京市印发《贯彻落实加快建设全国统一大市场意见 实施方案2025年工作要点》，探索产品"一地上架、地方互认"模式，加快培育全国一体化数据市场。 与此同时，各地结合当地实际积极探索数据要素各领域的创新建设。河南日前公布首批重点领域数据资 源开发利用试点名单，促进数据资源管理体系构建和深度开发利用；江苏省数据产业基金登记成立；广 东则启动2025年"数据要素×"大赛分赛，加快释放数据创新活力。 1.北京发布55项重点 ...

Group 1 - The company Guangdian Yuntong holds an internet payment license and cross-border RMB payment qualification, providing cross-border trade RMB settlement services covering cross-border e-commerce and general trade scenarios [1] - The digital RMB products include both hardware and software, with notable projects such as winning the bid for the Beibu Gulf digital RMB comprehensive service platform [1] - The server business, represented by Guangdian Wuzhou, is a key part of the company's computing power sector, experiencing rapid revenue growth and focusing on domestic market opportunities [1] Group 2 - The company is expanding its international business by leveraging domestic technology and product advantages to deepen its presence in Europe and Asia-Pacific markets, promoting financial technology innovation [1] - Measures such as production-research linkage, supply chain optimization, and enhanced digital management are being implemented to reduce management costs and improve operational efficiency [1] - The company adopts a dual-driven strategy of "industry + capital," focusing on artificial intelligence and data elements, and is engaging in diversified capital operations to layout core industries [1]

广州或恪投资管理有限公司（简称"或恪投资"）成立于2015年1月，秉承"专注、稳健"的经营理念，规 范运作、持续发展，致力于长期为投资者创造超额收益。或恪投资是合法的中国证券投资基金业协会私 募基金管理人，具有私募备案登记资格。 根据市场公开信息及5月22日披露的机构调研信息，知名私募或恪投资近期对1家上市公司进行了调研， 相关名单如下： 1）广电运通 （广州或恪投资参与公司特定对象调研&现场参观&现场调研） 调研纪要：广电运通在跨境支付业务上持有互联网支付牌照和跨境人民币支付资质，提供跨境贸易人民 币收付结算服务，覆盖跨境电商、一般贸易等场景。数字人民币产品涵盖硬件和软件，打造多个代表性 案例，中标北部湾数字人民币综合服务平台项目。服务器业务方面，广电五舟是公司算力板块重要布 局，提供国产化服务器产品，营收快速增长，未来将抓住国货国用机会，深耕重点市场，提升盈利能 力。国际业务上，公司利用国内技术和产品优势，深耕欧洲、亚太市场，拓展金融科技创新业务，推动 海外业务跨越式发展。公司通过产研联动、优化供应链、提升数字化管理水平等措施，降低管理成本， 提升运营效率。资本运作方面，公司坚持'产业+资本'双轮驱动，围 ...