胡华平是河南人的老朋友。"最近几年，我仅是来河南参加的大型商贸对接活动就有4场，小规模市场调 研活动更多，每次来都行程紧凑、收获满满。我们公司在杭州大约有8500名制造生产员工，其中来自河 南的员工占比约15%。"胡华平说。 □本报记者 郭北晨 "河南提出建设数智强省，这与公司智慧物联业务高度契合，未来我们将从研发到生产在河南持续投资 布局全产业链。"9月26日，在第十五届河南投洽会开幕式上，浙江大华技术股份有限公司副总裁胡华平 接受本报记者采访时说。 浙江大华技术股份有限公司是全球领先的智慧物联解决方案提供商和运营服务商，在以视频为核心的智 慧物联产业和AI、物联网、大数据等新技术的融合应用方面深耕多年，经验丰富。 河南区位优势显著，同时是人才大省、制造业大省，这也是胡华平来豫投资兴业所看重的。 去年，浙江大华技术股份有限公司正式入股河南亿秒电子科技有限公司。如今，在濮阳县先进制造业开 发区，总投资6.2亿元、占地60亩的亿秒科技园已经拔地而起。 "河南翊轩光电科技有限公司（以下简称'翊轩科技'）也是我们重要的合作伙伴，每年我们公司都要采 购翊轩科技的镜头设备将近1亿元。"胡华平说，翊轩科技是国家专精特新" ...

每经AI快讯，8月18日，新恒汇（301678）公告，公司计划使用首次公开发行股票部分超募资金7551.8 万元投资建设"多功能智慧物联仓储中心建设"项目，提高物流效率，降低运营成本，满足公司业务规模 增长的需求。项目实施周期为10个月，新建16000㎡多功能智能仓储中心。本次投资不构成关联交易， 亦不构成重大资产重组。 ...

远望谷（002161.SZ）8月7日在投资者互动平台表示，公司的 RFID 技术已形成针对母婴产品类客户的 应用方案。目前，该类业务在公司整体业务中占比尚低，暂未对公司业绩构成显著影响。 （文章来源：每日经济新闻） 每经AI快讯，有投资者在投资者互动平台提问：您好！作为国内RFID领军企业，远望谷在智慧物联领 域积累深厚。注意到母婴行业对产品全链路（生产至消费）数字化管理的迫切需求，请问公司是否有战 略规划或已布局基于RFID技术的母婴产品智慧运营平台？作为投资者十分关注公司在该领域的拓展。 ...

Group 1 - The company, Dahua Technology (002236), is focusing on the smart IoT main channel, emphasizing digital innovation and transformation for cities and enterprises [1] - The company plans to maintain a grounded approach to its operations and encourages stakeholders to pay attention to its upcoming semi-annual report for specific performance details [1]

Core Viewpoint - Accelerating the digital transformation of enterprises is both a trend driven by a new round of technological revolution and an industrial transformation [1] Group 1: Digital Economy Growth - In 2023, China's digital economy grew at a rate 2.76% higher than the nominal GDP growth, accounting for 42.8% of GDP, highlighting its role as a "stabilizer" and "accelerator" of the national economy [1] - The need for societal support for enterprises to achieve deep and comprehensive transformation is emphasized to benefit from the new technological revolution and industrial transformation [1] Group 2: Company Focus and Strategy - Dahua Technology Co., Ltd. is a representative of technology-driven enterprises that continuously deepens its exploration in the smart IoT field, leveraging video technology to create new momentum and advantages [1][3] - The core driving forces for Dahua's development are market demand and technological iteration, pushing the company deeper into the smart IoT sector [5] - Dahua focuses on visual perception as its core, while also expanding into multi-dimensional perception technologies, with video data constituting over 80% of the overall perception data [5][6] Group 3: Research and Development Investment - Dahua invests approximately 13% of its sales revenue into R&D, establishing multiple research institutes to enhance its innovation capabilities [6] - The company has faced challenges such as high business landing thresholds and the need for deep adaptation of technology across different industries [6][8] Group 4: AI and Industry Applications - Dahua has developed industry-specific large models that integrate technology with actual business scenarios, facilitating the transition of AI from concept to large-scale commercial use [8][10] - The company has implemented intelligent products and algorithms in safety production, achieving comprehensive control over unsafe factors in human, material, and environmental aspects [14] Group 5: Future Directions and Innovations - Dahua aims to address the challenges of low-altitude economy and has developed automatic charging stations to solve industry pain points, enhancing the application potential of drones in mobile sensing [15] - The company emphasizes the importance of integrating AI, big data, and IoT technologies with industry pain points to provide comprehensive digital transformation solutions [16] - Dahua's evolution from a communication equipment manufacturer to a global leader in smart IoT solutions exemplifies the high-quality development of private enterprises in China [16]

Business Overview - The company operates in four main sectors: smart metering, smart IoT, smart distribution network, and smart energy [3][4] - Key products include smart electric meters, power information collection devices, communication modules, and energy management systems [3][4] Financial Performance - In 2024, the company achieved revenue of CNY 93,738.69 million, a decrease of 16.26% year-on-year [3][4] - Operating profit was CNY 13,319.63 million, and net profit attributable to shareholders was CNY 11,891.71 million, down 53.81% and 52.45% respectively [3][4] - Total assets at the end of the reporting period were CNY 157,122.56 million, a decline of 0.65% from the previous year [3][4] - Shareholder equity was CNY 116,072.49 million, down 0.32% year-on-year [3][4] Revenue Breakdown - Smart metering business generated revenue of CNY 76,000.09 million, down 26.57% [4] - Smart distribution network business saw revenue of CNY 6,755.86 million, an increase of 46.65% [4] - Other business revenue reached CNY 10,982.74 million, up 187.37% [4] R&D Investment - R&D expenditure for 2024 was CNY 8,312.77 million, a 41.95% increase, representing 8.87% of total revenue [4][5] - The company holds a total of 191 patents, including 75 invention patents [5] Orders and Market Position - As of March 31, 2025, the company had a backlog of orders amounting to CNY 129,943.22 million [6] - The company is not in a loss position despite revenue declines, attributed to various market factors [6] Future Development Goals - The company aims to strengthen its core business in smart metering and expand into digital economy and renewable energy sectors [7][8] - Plans include enhancing product quality, expanding market share, and improving internal management processes [7][8] Market Outlook - The government is increasing support for smart grid construction, providing a favorable environment for market growth [7][8] - Policies are being implemented to promote the digitalization and intelligent transformation of energy systems [7][8]

Investment Rating - The report maintains a "Recommended" rating for the company, indicating a positive outlook for its stock performance relative to the benchmark index [5][8]. Core Insights - The company reported a total revenue of 1.609 billion yuan in Q1 2025, reflecting a year-on-year growth of 1.83%, and a net profit attributable to shareholders of 221 million yuan, marking a turnaround from losses [3][4]. - The company has solidified its leading position in the industry, showcasing resilience in revenue growth despite pressures in downstream demand for smart transportation and IoT sectors [4]. - Strategic adjustments have led to significant business achievements, including partnerships and project wins in smart transportation and logistics technology [5]. Summary by Relevant Sections Revenue and Profitability - In Q1 2025, the company achieved total revenue of 1.609 billion yuan, a 1.83% increase year-on-year, and a net profit of 221 million yuan, indicating a recovery from previous losses [3][4]. - Forecasted net profits for 2025, 2026, and 2027 are expected to be 311 million yuan, 488 million yuan, and 672 million yuan respectively, with corresponding PE ratios of 45X, 29X, and 21X [5][7]. Competitive Position - The company is recognized as a leading provider of digital products and solutions in smart transportation and IoT, with a strong brand and market influence [4]. - Its subsidiary, Yushi Technology, ranks highly in the global AIoT sector, demonstrating advanced self-developed algorithm capabilities [4]. Strategic Initiatives - The company has shifted its strategy to focus on high-quality projects, enhancing cash flow management, and exploring new operational models in logistics technology [5]. - Notable achievements include the establishment of a joint venture in Xiong'an New Area and winning contracts for smart traffic signal equipment in key urban areas [5].

证券简称： 立方控股 证券代码： 833030 浙江省杭州市西湖区文二西路 780 号西溪银座 C 座 杭州立方控股股份有限公司招股说明书 要服务创新型中小企业，上市公司具有经营风险高、业绩不稳定、退市风险高等特点，投资者面 临较大的市场风险。投资者应充分了解北京证券交易所市场的投资风险及本公司所披露的风险因 素，审慎作出投资决定。 1-1-0 保荐机构（主承销商） 北京市朝阳区安立路 66 号 4 号楼 公司负责人和主管会计工作的负责人、会计机构负责人保证招股说明书中财务会 计资料真实、准确、完整。 发行人及全体董事、监事、高级管理人员、发行人的控股股东、实际控制人以及 保荐人、承销商承诺因发行人招股说明书及其他信息披露资料有虚假记载、误导性陈 述或者重大遗漏，致使投资者在证券发行和交易中遭受损失的，将依法承担法律责任。 保荐人及证券服务机构承诺因其为发行人本次公开发行股票制作、出具的文件有 虚假记载、误导性陈述或者重大遗漏，给投资者造成损失的，将依法承担法律责任。 本次股票发行后拟在北京证券交易所上市，该市场具有较高的投资风险。北京证券交易所主 杭州立方控股股份有限公司 中国证监会和北京证券交易所对本次发 ...

证券简称： 立方控股 证券代码： 833030 杭州立方控股股份有限公司 杭州立方控股股份有限公司招股说明书（注册稿） 本招股说明书注册稿不具有据以发行股票的法律效力，投资者应当以正式公告的招股说明书 全文作为投资决定的依据。 本次股票发行后拟在北京证券交易所上市，该市场具有较高的投资风险。北京证券交易所主 保荐机构（主承销商） 要服务创新型中小企业，上市公司具有经营风险高、业绩不稳定、退市风险高等特点，投资者面 临较大的市场风险。投资者应充分了解北京证券交易所市场的投资风险及本公司所披露的风险因 素，审慎作出投资决定。 北京市朝阳区安立路 66 号 4 号楼 1-1-0 浙江省杭州市西湖区文二西路 780 号西溪银座 C 座 中国证监会和北京证券交易所对本次发行所作的任何决定或意见，均不表 明其对注册申请文件及所披露信息的真实性、准确性、完整性作出保证，也不 表明其对发行人的盈利能力、投资价值或者对投资者的收益作出实质性判断或 者保证。任何与之相反的声明均属虚假不实陈述。 根据《证券法》的规定，股票依法发行后，发行人经营与收益的变化，由 发行人自行负责；投资者自主判断发行人的投资价值，自主作出投资决策，自 ...

证券简称： 立方控股 证券代码： 833030 杭州立方控股股份有限公司 杭州立方控股股份有限公司招股说明书（注册稿） 本公司的发行申请尚未经中国证监会注册。本招股说明书注册稿不具有据以发行股票的法律 效力，投资者应当以正式公告的招股说明书全文作为投资决定的依据。 本次股票发行后拟在北京证券交易所上市，该市场具有较高的投资风险。北京证券交易所主 要服务创新型中小企业，上市公司具有经营风险高、业绩不稳定、退市风险高等特点，投资者面 临较大的市场风险。投资者应充分了解北京证券交易所市场的投资风险及本公司所披露的风险因 素，审慎作出投资决定。 北京市朝阳区安立路 66 号 4 号楼 1-1-0 浙江省杭州市西湖区文二西路 780 号西溪银座 C 座 保荐机构（主承销商） 中国证监会和北京证券交易所对本次发行所作的任何决定或意见，均不表 明其对注册申请文件及所披露信息的真实性、准确性、完整性作出保证，也不 表明其对发行人的盈利能力、投资价值或者对投资者的收益作出实质性判断或 者保证。任何与之相反的声明均属虚假不实陈述。 根据《证券法》的规定，股票依法发行后，发行人经营与收益的变化，由 发行人自行负责；投资者自主判断发 ...