根据招股书援引的灼识咨询报告，2024年中国AI+交通解决方案市场规模3000亿元，AI+能源解决方案市场规模5000亿元，AI+城市治理解决方案市场规模 7000亿元。 从毛利率角度看，AI+交通是最挣钱的板块，2024年的毛利率是70.9%，AI+能源和AI+城市治理的毛利率分别是49.6%和12.3%。诺比侃这样解释AI+交通板 块高毛利率的原因，"主要是因为AI+交通提供软硬件一体化解决方案涉及的硬件主导采购成本，与就AI+能源及AI+城市治理业务提供的解决方案相比相对 较低。AI+交通的AI+轨道交通业务的产品成熟度相对较高，硬件相关组件与产品组装所需的软件模块的结合更加简单直接，而我们其他业务的采购（通常 为项目制和定制化）在采购的零部件和材料的数量和类型方面也更加复杂和多样化"。 2024年12月向港交所递表的AI+数字孪生企业诺比侃近日更新了招股书。2022—2024年，诺比侃营收分别是2.53亿元、3.64亿元、4.03亿元，净利润分别为 6316.1万元、8856.6万元、1.15亿元。按2023年的营收计，诺比侃分别以6.9%的市场份额在AI+供电系统检测监测解决方案市场排名第二，以1. ...

Core Viewpoint - Q1 2025 financial report of Qianfang Technology shows a total revenue of 1.609 billion yuan, a year-on-year increase of 1.83%, and a net profit attributable to shareholders of 0.221 billion yuan, a significant year-on-year increase of 481.99% [2] Group 1: Business Transformation and AI Integration - The company is transitioning its business model from "project-driven" to "technology product-driven," focusing on "AI + transportation" and "transportation new energy" as its main business lines [2] - Qianfang Technology has achieved breakthroughs in the large-scale application of AI technology in traffic governance, congestion relief, and vehicle-road collaboration [2][3] - The launch of the DeepSeek urban traffic optimization platform is expected to reduce traffic survey cycles by 30%, improve traffic simulation efficiency by 50%, and enhance governance solution generation efficiency by 60% [3] Group 2: Intelligent IoT Developments - Subsidiary Yushi Technology has upgraded its "Wutong" model to release the "Wanwu X" intelligent engine, enhancing multimodal understanding and reasoning capabilities [4] - The "Wanwu X" engine includes functionalities such as multimodal vehicle trajectory retrieval and natural language event control, contributing to intelligent traffic management [4] Group 3: New Energy Transportation Solutions - The company is accelerating the development of new energy transportation in response to national "dual carbon" goals, with a focus on the growing demand for new energy charging networks [5] - The newly launched integrated charging station combines photovoltaic, energy storage, and charging systems, providing stable and efficient energy for new energy vehicle owners [5] - Qianfang's charging pile products cover a full range from 7kW to 960kW, focusing on intelligent AI charging pile development and enhancing charging efficiency and safety [5]