证券代码：600477 证券简称：杭萧钢构 公告编号：2025-028 杭萧钢构股份有限公司 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈 述或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 为积极践行"以投资者为本"的上市公司发展理念，维护杭萧钢构股份有限 公司（以下简称"公司"）全体股东利益，增强投资者信心，公司于 2025 年 6 月 10 日召开第八届董事会第四十一次会议，审议通过了《关于公司 2025 年度"提 质增效重回报"行动方案的议案》，立足长期健康发展，通过稳健的经营、规范 高效的公司治理，切实履行上市公司的责任和义务，提升公司长期回报能力。同 时，在深入分析公司当前经营现状、治理水平、投资者回报等方面情况的基础上， 公司针对性地制定了 2025 年度"提质增效重回报"行动方案。具体内容如下： 一、聚焦主营业务，提升经营质量 公司以"成为世界一流的绿色建筑集成服务商"为战略愿景，一直坚持以"让 公司持续发展、为客户创造更大价值、为职员提供发展平台、为股东提供长期回 报、为社会承担更多责任"为使命，持续推进公司高质量发展。 业务、桥梁钢结构业务，同时积极拓展" ...

当日，为助力昌平"全国未来能源场景应用引领示范地"建设，昌发展集团与清华大学能源大模型创新团 队达成合作，落户昌平。未来，将依托清华大学在电力交易算法、虚拟电厂平台及行业大模型研发的全 球领先技术，加速构建覆盖"源-网-荷-储"全链条的新能源认知驱动体系，推动昌平区抢占全国新能源大 模型产业制高点。 新京报讯（记者田杰雄）5月21日，未来产业发展研讨会暨昌发展产业生态伙伴交流会在昌平举行。会 上，清华大学能源大模型创新团队正式落地昌平，昌发展集团还与清华校友总会AI大数据专委会发起 清华校友AI+场景创新工作营。 甘靖中表示，昌平区未来将进一步抢抓未来产业发展先机，完善政策服务机制，营造开放包容、更具活 力的创新环境，不断增加产业生态黏性，吸引更多科学家聚集，推动未来产业发展不断取得新突破。 会上，昌发展集团总经理王颖发布"昌发展产业培育与生态共建报告"，围绕资本、资产、产服总结了十 年来的核心成果。王颖表示，将在强化支撑战略科技力量、引入和培育一流人才团队与企业、加速产业 集群培育的同时，加强国际交流合作，助力企业国际化发展，提升区域产业竞争力，为北京国际科技创 新中心建设提供有力支撑。现场，昌发展集团联合 ...

每经记者 宋欣悦 每经编辑 兰素英 2025年一季度，国内人工智能应用市场经历了一场深刻的洗牌。昔日以模型参数论英雄的"军备竞赛"硝烟渐散，取而代之的是一场围绕"应用生态"的激烈博 弈。在这场由技术迭代、资本流向与用户需求共同塑造的新格局中，头部玩家座次更迭，新兴力量加速突围，场景创新的价值被推向前所未有的高度。 《每日经济新闻》联合QuestMobile发布《2025年一季度AI应用价值榜》，基于下载量与月活跃用户数（MAU）两大核心指标，精准捕捉了这场变革的关键 脉络。 数据显示，当底层模型能力趋于同质化（DeepSeek的技术普及效应），增长的密码不再仅仅是技术本身，而是如何将AI能力与特定场景深度融合，以及支 撑这一切的商业化与营销策略。这份"晴雨表"不仅记录了当下的市场格局，更预示着下一轮竞争的核心战场。 | | APP名称 | 月均下载用户数 | | --- | --- | --- | | 19 | DeepSeek | | | 2) | 豆包 | | | 3 ) | 腾讯元宝 | | | 4 ) | Kimi智能助手 | | | 5 | 纳米Al搜索 | | 即梦Al 6 文小言 7 豆包爱学 ...

Core Insights - The company reported a revenue of 6.452 billion yuan for 2024, representing a year-over-year increase of 8.22%, and a net profit attributable to shareholders of 1.428 billion yuan, up 60.92% year-over-year, aligning with the performance forecast range [1] - In Q1 2025, the company achieved a revenue of 1.323 billion yuan, down 11.07% year-over-year and 31.74% quarter-over-quarter, with a net profit of 239 million yuan, down 19.09% year-over-year and 28.53% quarter-over-quarter, primarily due to a decline in core game product revenue [1][2] Game Business Performance - The company's game business generated a revenue of 4.662 billion yuan in 2024, an increase of 3.66% year-over-year [2] - The core products, "Age of Origins" and "War and Order," saw a decline in recharge revenue in Q4 2024, with figures of 825 million yuan and 249 million yuan respectively, down 4.4% and 2.6% quarter-over-quarter [2] - New games "Stellar Sanctuary" and "Next Agers" were released overseas at the end of 2024 and are currently in the commercialization testing phase, with expectations for performance contributions in 2025 [2] Software and AI Business Development - The software business achieved a revenue of 1.79 billion yuan in 2024, reflecting a year-over-year growth of 22.21% [3] - The company is leveraging AI technology to enhance product innovation and commercialization, particularly in ICT operations, cloud services, and information security [3] - Notable initiatives include collaboration with Amazon Cloud and the introduction of the Ultra-AIS intelligent security model, which significantly improves the level of intelligence in security solutions [3] Profit Forecast and Valuation - Due to the decline in existing game revenue and increased marketing expenses, the company has adjusted its profit forecast, lowering expected net profits for 2025 and 2026 to 1.15 billion yuan and 1.29 billion yuan respectively, a reduction of 21% and 22% [4] - The target price is set at 13.47 yuan, based on a 23x PE for 2025, reflecting a stable position in overseas markets and the need to monitor the performance of new products [4]

Investment Rating - The investment rating for the company is maintained as "Buy" with a target price of 13.47 RMB [6][7]. Core Insights - The company's revenue for 2024 reached 6.452 billion RMB, representing a year-over-year increase of 8.22%, while the net profit attributable to the parent company was 1.428 billion RMB, up 60.92% year-over-year [1][4]. - The decline in revenue in Q1 2025 is attributed to a decrease in the core gaming product's revenue, with expectations for new overseas products to contribute positively in the future [1][2]. - The software information business showed robust growth, achieving 1.79 billion RMB in revenue for 2024, a 22.21% increase, driven by the integration of AI technology [3]. Summary by Sections Financial Performance - The company reported a revenue of 6.452 billion RMB for 2024, with a net profit of 1.428 billion RMB, which aligns with the performance forecast [1][4]. - Q1 2025 revenue was 1.323 billion RMB, down 11.07% year-over-year and 31.74% quarter-over-quarter, with a net profit of 239 million RMB, down 19.09% year-over-year [1]. Gaming Business - The gaming business generated 4.662 billion RMB in revenue for 2024, a 3.66% increase, but the core products saw a decline in revenue [2]. - New games launched overseas at the end of 2024 are currently in the commercialization testing phase, with expectations for them to contribute to revenue in 2025 [2]. Software and AI Integration - The software business's revenue growth was driven by AI technology, with significant advancements in ICT operations and cloud services [3]. - The introduction of the Ultra-AIS intelligent security model has enhanced the company's product offerings [3]. Profit Forecast and Valuation - The profit forecast for 2025 and 2026 has been adjusted downward due to declining gaming revenue and increased marketing expenses, with net profits expected to be 1.15 billion RMB and 1.29 billion RMB respectively [4]. - The target price is set at 13.47 RMB, based on a 23x PE ratio for 2025, reflecting the company's stable position in overseas markets [4].