Parsons (PSN) Q2 2025 Earnings Call August 06, 2025 08:00 AM ET Speaker0Good day, and thank you for standing by. Welcome to the Second Quarter twenty twenty five Parsons Corporation Earnings Conference Call. At this time, all participants are in a listen only mode. After the speakers' presentation, there will be a question and answer session. Please be advised that today's conference is being recorded.I'd now like to turn the conference over to Dave Spilley, Senior Vice President, Investor Relations. Please ...

2025.08. 06 作者 | 第一财经 吕倩 8月6日，以"All In Agent"为主题的第十三届互联网安全大会在京举行。现场，工业和信息化部原总工程师赵志国强调，人工智能与网络安全的融合发 展不是选择题，是时代命题与必答题，更是责任的担当，需要各界加强人工智能与安全产业的深度融合、双向赋能。 整个大模型产业中，算力与芯片也是重要一环，采访中，周鸿祎也谈及对芯片后门安全风险的看法。他对第一财经记者表示，一方面，对行业不能做有 罪推定；其次，芯片后门问题行业此前有过先例。世界最大CPU公司曾在CPU产品内安装小CPU进行安全控制，通过自带的操作系统预置软件，并且 商业公司产品与决策可能会受非商业因素影响。周鸿祎认为，核心是要看是否有人要这么做。 微信编辑 | 夏木 本文字数：1124，阅读时长大约3分钟 针对此次大会的智能体主题，360创始人周鸿祎表示，过去大模型在企业应用中的两大痛点——推理能力不足和缺乏独立做事能力，前者在近一年已显 著改善，但后者仍未解决。AI发展如果停留在大模型阶段，只能成为玩具，而非生产力工具。因此，大模型进化到智能体是必然的，后者才是解决之 道，它能够理解目标、规划任务、调用 ...

Revenue and Profit - The company reported total revenue of 551 million yuan for the first half of 2025, representing a year-on-year increase of 9.59% [2] - However, the net profit attributable to shareholders was only 52.15 million yuan, showing a minimal growth of 0.17% year-on-year, while the non-recurring net profit decreased by 6.0% to 43.48 million yuan [2] Quarterly Performance - In the second quarter, total revenue reached 272 million yuan, with a year-on-year growth of 9.61%, and the net profit attributable to shareholders was 21.55 million yuan, reflecting a significant increase of 40.2% year-on-year [3] - Despite the improved quarterly performance, annual profit growth remains weak [3] Profitability - The company's gross margin was 62.36%, down by 9.02 percentage points compared to the same period last year, and the net margin was 9.47%, a decline of 8.59 percentage points year-on-year [4] - This indicates challenges in cost control, as profit margins have decreased despite revenue growth [4] Expense Control - Total operating expenses (selling, administrative, and financial expenses) amounted to 180 million yuan, accounting for 32.67% of revenue, which is a decrease of 16.19% year-on-year [5] - Selling expenses decreased by 3.77% to 185.13 million yuan, while administrative expenses increased by 4.27%, and financial expenses saw a significant drop of 53.71%, mainly due to increased interest income [5] Accounts Receivable and Cash Flow - As of the reporting period, accounts receivable stood at 131 million yuan, representing 81.26% of the latest annual net profit, an increase of 12.27% year-on-year [6] - The operating cash flow per share was -0.15 yuan, a decline of 268.13% compared to the same period last year, indicating significant challenges in cash flow management [6] Industry and Market Position - The global cybersecurity IT investment is projected to grow from 215 billion USD in 2023 to 377 billion USD by 2028, with a compound annual growth rate (CAGR) of 11.9% [7] - The Chinese cybersecurity market is expected to expand from 11 billion USD in 2023 to 17.1 billion USD by 2028, with a CAGR of 9.2% [7] - The company holds a strong market position, ranking among the top four in firewall products for six consecutive years and third in the DDoS hardware security product market [7] Summary - Overall, the company achieved revenue growth in the first half of 2025 but struggled with profit growth, particularly in non-recurring net profit [8] - High accounts receivable and concerning cash flow conditions warrant attention for future improvements [8] - The company maintains a solid market position in the cybersecurity sector and is well-positioned to benefit from the industry's rapid growth [8]

Core Viewpoint - The report highlights the financial performance and strategic direction of Hangzhou DPtech Technologies Co., Ltd., emphasizing its focus on network security and the growing demand for cybersecurity solutions in the context of increasing digital transformation and emerging technologies [1][4]. Financial Performance - The company reported a revenue of 550.64 million yuan, representing a year-on-year increase of 9.59% [4]. - The net profit attributable to shareholders was 52.15 million yuan, showing a slight increase of 0.17% compared to the previous year [4]. - The net cash flow from operating activities was negative at -97.22 million yuan, a significant decrease of 268.13% [4]. - Total assets decreased by 2.48% to 3.83 billion yuan, while net assets attributable to shareholders increased by 1.08% to 3.35 billion yuan [4]. Industry Overview - The global cybersecurity IT investment is projected to grow from 215 billion USD in 2023 to 377 billion USD by 2028, with a compound annual growth rate (CAGR) of 11.9% [4]. - In China, the cybersecurity market is expected to expand from 11 billion USD in 2023 to 17.1 billion USD by 2028, with a CAGR of 9.2% [4]. - The cybersecurity industry faces increasing threats, including supply chain attacks and ransomware, necessitating enhanced protective measures from governments and enterprises [4][5]. Company Business Focus - The company operates in the software and information technology services sector, specializing in network security, industrial control security, data security, and cloud security [4][9]. - The company aims to provide comprehensive cybersecurity solutions, integrating AI technologies to enhance its product offerings and meet evolving customer needs [4][9]. - The product portfolio includes security products, industrial control security solutions, data security systems, and cloud security services, all designed to address various cybersecurity challenges [9][10]. Strategic Initiatives - The company emphasizes innovation and R&D investment, focusing on developing advanced cybersecurity technologies and solutions [9][11]. - It has launched a range of products that leverage AI capabilities for improved security operations and compliance [12][14]. - The company is committed to supporting national initiatives for information technology innovation and has developed numerous domestically produced products [11][12]. Market Position - The company ranks among the top players in the Chinese market for DDoS protection hardware and application delivery solutions, indicating strong market recognition and competitive positioning [11][12]. - It has established a robust customer base across various sectors, including government, telecommunications, finance, and energy, reflecting its broad industry applicability [9][10].

在本次直播中，仇晶教授将以《智能网络攻防技术》为题，为公众讲解网络安全的知识要点，让公众充 分认识到网络安全的重要性，了解网络安全隐患可能带来的严重后果，从而增强自身的安全防范意识。 随着互联网的飞速发展，网络已成为人们生活中不可或缺的一部分，从日常社交、在线购物到远程办 公、数字金融，网络的触角延伸至各个领域。然而，网络安全问题也日益凸显，网络诈骗、信息泄露、 恶意攻击等事件频发，给个人、企业乃至国家带来了巨大的损失。 我国作为互联网大国，同样面临着严峻的网络安全挑战。为此，由广州市科学技术协会主办，广州市科 学技术发展中心、南方都市报承办的"广州科普大讲坛"活动，邀请广州大学教授带我们讲解网络安全的 知识要点。本次网络安全专场直播将于8月5日15点正式上线！ 参与本次直播的专家大咖是广州大学网络空间安全学院教授、博导仇晶，广东省人才项目特聘教授，广 州市高层次人才认定，CCF杰出会员，人工智能学会智能服务专委会常委，中国网络空间新兴技术安全 创新论坛副秘书长。仇晶教授长期从事人工智能应用及安全、网络空间安全等领域基础理论和先进智能 算法设计研究。 视频：蔡文茵 罗雪纯 设计：罗锐 届时，本场直播将在科普广 ...

调研组对合肥机场近期网络安全工作表示认可，并结合当前网络安全形势及辖区监管工作实际，向合肥 机场提出了具体的工作建议：首先，要确保整改措施落实，对评估中发现的问题要深入剖析原因，采取 切实有效的改进措施，避免仅停留在方案制定阶段。其次，要持续关注三个方面的内容，包括国家和行 业组织的网络信息安全活动，公司层面的管理制度、工作流程和操作规程，以及重要业务系统的运行状 况。最后，要用好法定自查工具，抓实抓细企业自查工作，定期梳理工作数据，逐步构建起网络安全动 态管理手册。此外，调研组还要求安徽机场集团尽快建立集团内部网络安全工作协调机制，为分子公司 搭建沟通渠道，以推动网络安全工作的深入开展。 《中国民航报》、中国民航网 记者胡夕姮 通讯员程宸 报道：民航安徽监管局近日对合肥机场的网络安 全状况进行了专项调研。此次调研活动得到了安徽机场集团办公室、网信办的积极支持。 调研会议期间，合肥机场就其近期重点保障工作进行详细汇报，并展示了在人员培训、应急预案制定、 信息通报流程梳理、法定自查和公共显示屏管理等方面的具体实践。与会人员就二级部门如何有效学 习、落实新建网络安全制度进行了深入讨论。 接下来，安徽监管局将以辖区 ...

此前报道—— 据"网信中国"微信公众号7月31日消息，国家互联网信息办公室就H20算力芯片漏洞后门安全风险约谈 英伟达公司。 英伟达的算力芯片H20，被曝出存在严重安全问题，公司最近被国家网信办约谈。有人可能会问，这安 全问题有多严重？可以设想这样的场景：高速公路上的新能源车，突然被切断动力；患者接受远程手术 时，设备突然黑屏；超市收银台，手机的支付功能，瞬间失灵……芯片漏洞后门安全风险一旦触发，我 们随时可能遭遇一场"噩梦"。 事后，英伟达出来回应："网络安全对我们至关重要。英伟达的芯片不存在'后门'，并不会让任何人有 远程访问或控制这些芯片的途径。"不过，回应归回应，对于H20芯片存在的"追踪定位"和"远程关闭"风 险质疑，企业唯有按照约谈要求，拿出令人信服的安全证明，才能消除中国用户的后顾之忧，重新赢得 市场信任。 说到网络安全，它不光关系到咱们的日常生活，也关系到企业的命脉，更直接连着国家安全。上周，俄 罗斯多个公共服务部门遭黑客攻击，航空公司、知名连锁药店等企业一度中断服务；美国"星链"卫星互 联网服务突发故障，全球6万用户断网，远程手术中断、网课黑屏。这些事例警示我们：守护网络安 全，与守护国家领 ...

Group 1 - The article highlights two significant incidents of cyberattacks by US intelligence agencies targeting China's defense and military industry, providing security warnings for critical sectors [1] - In the first case, from July 2022 to July 2023, US intelligence exploited a zero-day vulnerability in Microsoft Exchange to attack a major military enterprise in China, controlling its email server for nearly a year and conducting over 40 attacks, resulting in the theft of emails from 11 individuals, including high-level officials [1] - The second case involved cyberattacks from July to November 2024 on a military enterprise in the communication and satellite internet sector, where attackers used vulnerabilities in electronic file systems to control over 300 devices and targeted sensitive data related to military networks [1] Group 2 - The article notes that in 2024, there were over 600 cyberattack incidents against important Chinese entities by foreign state-level APT organizations, with the defense and military sector being the primary target [1] - A Chinese government spokesperson emphasized that the US is the primary cyber threat to China and criticized the US for its hypocritical stance on cybersecurity, asserting that China will take necessary measures to protect its network security [2] - The spokesperson also pointed out that the US conducts these malicious cyber activities using its allies in Europe and around China as a base, advocating for international dialogue and cooperation to address cybersecurity challenges [2]

当日例行记者会上，有记者问：中国网络空间安全协会1日发布了美国政府以德国、韩国、新加坡、荷 兰等为跳板对中国实施网络攻击的两起案例，还透露了2024年境外国家级APT组织对中国重要单位实施 超过600起网络攻击事件，对中国关键信息基础设施、重要信息系统等进行攻击渗透。中方对此有何评 论？ 新华社北京8月1日电（记者马卓言、许可）中国网络空间安全协会1日发布了美国政府对中国实施网络 攻击相关案例。外交部发言人郭嘉昆1日在答问时表示，中方注意到相关报告。这是美国政府对中国实 施恶意网络攻击的最新证据，再次表明美国是中国面临的头号网络威胁。中国将继续采取必要措施维护 自身的网络安全。 "这是美国政府对中国实施恶意网络攻击的最新证据，再次表明美国是中国面临的头号网络威胁，也暴 露了美国在网络安全上贼喊捉贼的虚伪面目。"郭嘉昆说，"中国将继续采取必要措施维护自身的网络安 全。" (责编：胡永秋、杨光宇) "我们还注意到，美方是以其欧洲及中国周边的盟国为跳板实施的上述恶意网络活动。中方一贯主张， 网络安全是各国面临的共同挑战，应当通过对话与合作共同应对。"他说。 ...

8月1日，外交部发言人郭嘉昆主持例行记者会。 有记者问：中国网络空间安全协会今天发布了美国政府以德国、韩国、新加坡、荷兰等为跳板对中国实施网络攻击的两起案例，还透露了2024年境外国家 级APT组织对中国重要单位实施超过600起网络攻击事件，对中国关键信息基础设施、重要信息系统等进行攻击渗透。中方对此有何评论？ 郭嘉昆表示："我们注意到相关报告。这是美国政府对中国实施恶意网络攻击的最新证据，再次表明美国是中国面临的头号网络威胁，也暴露了美国在网 络安全上贼喊捉贼的虚伪面目。中国将继续采取必要措施维护自身的网络安全。" 郭嘉昆称："我们还注意到，美方是以其欧洲及中国周边的盟国为跳板实施的上述恶意网络活动。中方一贯主张，网络安全是各国面临的共同挑战，应当 通过对话与合作共同应对。" 郭嘉昆表示，中方对美国向巴勒斯坦民族权力机构官员和巴勒斯坦解放组织发起制裁感到震惊，对美方无视国际社会的促和努力感到失望和无法理解。 郭嘉昆重申，巴勒斯坦问题是中东问题的核心，关乎国际公平正义。当前，巴勒斯坦问题正处在关键历史节点。国际社会特别是美国应该秉持公平公正和 负责任态度，切实执行联合国有关决议，为推动巴勒斯坦问题妥善解决作出 ...