以下文章来源于正解局 ，作者正解局 正解局 . 解读产业，发现价值。产业/城市/企业。 本文来自微信公众号： 正解局 （ID：zhengjieclub） ，作者：正解局，题图来自：Unsplash 今天，微软正式关停Skype。曾经的全球最大语音通信软件，宣告死亡。 Skype是如何崛起的？其兴衰又给我们带来了什么启示？ 一、兴衰 自诞生之初， 互联网的目的就是实现计算机之间的通信和资源共享。 有了互联网，无论身处世界何地，都可以进行通信和数据交换。 为了实现更高效、更便捷、更及时的连接，互联网在连接的技术与应用上也在不断迭代更新。 最早的应用是诞生于1960年代的电子邮件，其让用户可以通过网络发送和接收文本信息，这至今仍在被广泛使用。 随后的是诞生于1970年代的公告板系统 （Bulletin Board System，BBS） ，天涯论坛、猫扑论坛也曾火爆一时，是众多网友喜爱的交流平台。 真正意义上的即时通信软件，还要等到1996年。 三个以色列人研发出ICQ （I SEEK YOU我找你之意） ，支持在互联网上聊天、发送消息、传递文件等功能。 正是在这样的背景下，Skype诞生了。 2003年，爱沙尼亚 ...

Core Viewpoint - Despite increasing policy emphasis on cybersecurity, Beixin Source (300352.SZ) experienced a significant decline in performance for 2024, with revenue dropping by 24.31% and a net loss of 145 million yuan [1][2]. Financial Performance - In 2024, Beixin Source reported revenue of 517 million yuan, a decrease of 24.31% year-on-year [2]. - The company's net profit attributable to shareholders turned into a loss of 145 million yuan, contrasting with previous years of profitability [1][2]. - The overall gross margin fell from 74.76% in 2023 to 55.59% in 2024, reflecting a nearly 20 percentage point decline [2]. - Revenue from government clients decreased from 39.43% in 2023 to 34.77% in 2024, with a year-on-year decline of 33.25% [2]. - Revenue from the financial sector also saw a decline of 28.31% [2]. - Operating costs increased by 33.19%, with significant rises in costs associated with government (67.17%), military (134.42%), and financial clients (13.51%) [2]. Dividend Policy - As of December 31, 2024, Beixin Source reported an accumulated deficit of 407 million yuan and announced that it would not distribute cash dividends or issue bonus shares for the year [3]. Fundraising and Investment Plans - Beixin Source plans to raise up to 477 million yuan through a private placement, targeting projects related to "Xinyuan Mixin Security AI Base" and "Intelligent Emergency Response Platform" [4]. - The total investment for these projects is approximately 555 million yuan [4]. - The "Xinyuan Mixin" is designed for government, military, and state-owned enterprise clients, offering a secure instant communication platform with various functionalities [5][6]. Market Positioning - Beixin Source emphasizes that its "Xinyuan Mixin" product has superior confidentiality and business capacity compared to other instant messaging products from major internet companies [6]. - The company plans to expand into the consumer market by developing standardized product forms to meet individual user needs for communication security and privacy protection [6].