联合创新实验室作为数字化转型全链条实践载体，聚焦五大核心业务流规划，联合行业头部企业开展技 术攻坚，以测试区和研发区为两大阵地，精准破解现有运行痛难点。依托实验室平台，宁夏机场在多业 务场景实现科技突破，科技进步成果快速转化为服务效能，更深化"产学研用"融合，为五大核心业务发 展搭建人才培育、技术协作的协同生态，形成技术创新与业务发展相互促进的良性循环。 宁夏机场公司与悦泰公司将以联合创新实验室为核心平台，全方位深化深度合作，持续提升技术创新速 率与成果转化效率。双方将在技术突破、业务赋能、人才培育、创新协作等方面探索更多新路径，重点 推进"5G+边缘计算"、人工智能行为分析等新技术落地，拓展无接触通关、行李全流程追踪等创新应用 场景。通过持续迭代升级数字能力体系，宁夏机场将进一步提升运行效率与服务品质，为集团创建"一 流企业、行业标杆"贡献数字化转型典型经验和创新力量，助力西部民航智慧化发展。（编辑：张彤 校 对：许浩存 审核：程凌） （宁夏机场供图） 《中国民航报》、中国民航网 记者路泞 通讯员陈晓鹏 报道：作为宁夏机场公司数字化转型全过程实践 载体，为深化业技融合、探索协同创新生态，宁夏机场公司联合悦泰 ...

Core Viewpoint - The company reported a decline in revenue and profits for the first three quarters of 2025, but maintains a long-term positive outlook due to expected recovery in revenue and stable cash flow from its IDC business [1][2]. Revenue Performance - For the first three quarters of 2025, the company achieved revenue of 5.479 billion yuan, a year-on-year decrease of 5.96% [1][2]. - The decline in revenue is attributed to three main factors: slow growth in IDC business, a drop in cloud computing revenue due to client optimization, and a significant reduction in non-recurring income [2]. Business Segment Analysis - The IDC business generated revenue of 596 million yuan in Q3 2025, a year-on-year increase of 8.74%, with a cumulative revenue of 1.667 billion yuan for the first nine months, reflecting a 1.53% growth [3]. - The cloud computing business reported Q3 revenue of 1.149 billion yuan, a year-on-year decline of 13.44%, with a cumulative revenue of 3.719 billion yuan for the first nine months, down 9.83% [3]. Cost and Margin Insights - The gross margin for the IDC business in Q3 2025 decreased by 3.55 percentage points to 32.12% due to increased fixed costs from new cabinet installations and intensified market competition [3]. - The gross margin for the cloud computing business was 7.30% in Q3, down 1.46 percentage points, impacted by asset disposals and client structure adjustments [3]. Strategic Developments - The company is accelerating project delivery and advancing technology development, with ongoing data center construction in key regions and a strategic partnership with China Mobile for 5G and edge computing applications [4]. - The company’s subsidiary has received recognition as a "little giant" enterprise, and its AI operation system has been successfully implemented in several national computing hubs [4]. Future Outlook - The company projects earnings per share (EPS) of 0.19 yuan, 0.22 yuan, and 0.26 yuan for 2025-2027, corresponding to dynamic price-to-earnings ratios of 71x, 62x, and 50x [4]. - The company’s long-term growth strategy remains positive, with ongoing reforms and a focus on accelerating growth [4].

Core Insights - Dedicated IPs serve as a crucial tool for businesses to overcome geographical limitations and enhance operational efficiency, supporting global strategies through practical applications [1] Group 1: Core Advantages of Dedicated IP - Data Security: Dedicated IPs provide physical isolation, ensuring each user has an independent IP address, thus avoiding risks of account bans due to shared IP behaviors [4] - Business Stability: Dedicated IPs do not share bandwidth, preventing delays or disconnections caused by traffic congestion, which can enhance user experience significantly [5] - Account Security: Each account is assigned an independent network environment, reducing the risk of account association through overlapping IPs [6] Group 2: Typical Applications of Dedicated IP - Cross-Border E-commerce: Dedicated IPs help bypass platform restrictions and improve operational efficiency by ensuring one account per IP, thus avoiding account bans [8] - Data Collection: Dedicated IP pools can rotate IP addresses to simulate real user behavior, overcoming anti-scraping mechanisms on target websites [8] - Social Media Management: Dedicated IPs can stabilize account operations and reduce the likelihood of accounts being flagged as high-risk on platforms like TikTok and Facebook [9] Group 3: Technical Implementation and Selection Recommendations - Technical Implementation: Dedicated IPs utilize physical isolation and support various protocols with encryption to ensure secure data transmission [16] - Selection Recommendations: Companies should choose service providers with extensive country coverage and high anonymity IPs, considering static IPs for stable needs and dynamic IP pools for frequent data collection [16] Group 4: Future Trends - AI-Driven IP Management: Machine learning algorithms can predict IP ban risks and automatically switch to backup nodes, enhancing business continuity [17] - Blockchain Empowerment: Blockchain technology can record IP usage trajectories, increasing data transparency and credibility [17] - 5G and Edge Computing: The integration of 5G and edge computing can further reduce latency and improve real-time business experiences with dedicated IPs [18] Conclusion - Dedicated IPs have evolved from simple network tools to essential infrastructure for cross-border business, providing security, stability, and efficiency, with future advancements in AI and proxy IP technology poised to further empower global operations [18]