Core Insights - China's power spatial information technology system has been initially established and is becoming a crucial support for the construction of a new power system, with key achievements led by State Grid Power Spatial Technology Co., Ltd [1][2] - As of June 2023, the installed capacity of renewable energy in China reached 2.159 billion kilowatts, a year-on-year increase of 30.6%, accounting for approximately 59.2% of the total installed capacity [1] - The first half of 2023 saw a total wind and solar power generation of 1,147.8 billion kilowatt-hours, a year-on-year increase of 27.4%, representing 23.7% of the total electricity consumption [1] Group 1: Technological Advancements - Spatial information technology is recognized for its advantages in addressing the challenges of wide-area, complexity, and environmental sensitivity in power systems [2] - The technology has shown significant growth potential and broad application space, enhancing the observability, measurability, and controllability of the power grid, and is vital for energy security and achieving carbon neutrality goals [2] - A comprehensive power spatial information technology system covering "space-based, aerial, and ground" has been established, supporting core areas such as scheduling, operation, emergency response, and digital construction [2] Group 2: Implementation and Future Directions - The "Sky Eye" virtual satellite constellation service has integrated 141 remote sensing satellites, addressing the "last mile" issue of satellite remote sensing services for the power grid [2] - The low-altitude sector has developed a three-dimensional inspection network combining helicopter patrols and large drones, achieving 100% coverage of aerial inspections for major interconnected projects in the Qinghai-Tibet Plateau [2] - Future efforts will focus on deepening virtual remote sensing satellite data services and intelligent low-altitude services, aiming to solve challenges in wide-area monitoring, intelligent operation, and emergency response in the new power system [3] Group 3: Standards and Infrastructure - The development of standards in the spatial information technology field is lagging behind the rapid industrial growth, with gaps in low-altitude information and air traffic management standards [3] - Recommendations include the systematic formulation of standard specifications for the application of drones and satellites in the power industry, and the integration of various spatial information technologies for state monitoring and fault diagnosis [3] - Emphasis on strengthening infrastructure construction and deep integration with AI technologies to enhance the intelligence, continuity, real-time capability, and clarity of spatial technology applications in power systems [3]

Group 1: Investor Relations Activity Overview - The investor relations activity was an earnings briefing held on April 24, 2025, via the company's interactive platform [3] - Key attendees included the Chairman, General Manager, Financial Officer, Board Secretary, and Technical Director [3] Group 2: Company Strategy and Market Position - The company aims to become a digital technology firm centered on spatial information technology, with a focus on the "Guoyuan Map" as a digital foundation [4] - The company has developed three main product lines: digital agricultural insurance, digital agricultural services, and land survey cloud, which are in critical phases of large-scale promotion [4] Group 3: Opportunities in Smart Agriculture - The company plans to leverage modern technologies such as remote sensing, GIS, IoT, AI, big data, and cloud computing to enhance agricultural practices [5] - The service model focuses on digitizing the entire agricultural supply chain, promoting efficiency and economic growth [5] Group 4: Agricultural Insurance Development - The company has provided technical services to over 20 provincial agricultural insurance companies, laying the groundwork for expanding its digital agricultural insurance services [6] - In 2025, the company will focus on a "dual precision" service model targeting major agricultural insurance clients in the top 15 provinces by scale [7] Group 5: Shareholder Value and Dividend Policy - The company reported a negative retained earnings balance, indicating no capacity for cash dividends at this time [7] - The management emphasizes reasonable returns to shareholders and will adhere to the profit distribution policy as per the company's articles of association [7]