Core Viewpoint - Dingjie Smart reported its first annual report since its name change, showing a total revenue of 2.331 billion yuan in 2024, a year-on-year increase of 4.62% [2] Financial Performance - In 2024, Dingjie Smart achieved a total profit of 239 million yuan, up 4.7% year-on-year, and a net profit attributable to shareholders of 156 million yuan, an increase of 3.59% [2] - The revenue from four main business segments in 2024 was as follows: R&D design at 152 million yuan (up 23.33%), digital management at 1.189 billion yuan (down 1.43%), production control at 334 million yuan (up 0.17%), and AIoT at 631 million yuan (up 22.04%) [2] Business Segments - The R&D design segment saw the highest growth, driven by the launch of an AI-integrated PLM product, which improved customer pricing by approximately 30% [3] - Revenue from mainland China was 1.17 billion yuan, a 1.92% increase, while revenue from non-mainland regions reached 1.15 billion yuan, a 7.53% increase [3] Industry Context - The manufacturing industry is facing challenges such as profit margin pressure and rapidly changing market demands, necessitating deeper digital transformation and enhanced flexible production capabilities [3] - The next 3 to 5 years are seen as a critical period for global supply chain restructuring, with companies needing to adopt new production logic and data governance to enhance competitiveness [4] Strategic Initiatives - Dingjie Smart plans to issue up to 838 million yuan in convertible bonds, with 688 million yuan allocated for the "Smart Ecosystem Empowerment Platform" project, aimed at achieving comprehensive digital upgrades [5] - The platform will utilize AI, big data, and IoT technologies to support modular development and cloud-native architecture, facilitating intelligent transformation in production management and supply chain collaboration [5]