以上内容为证券之星据公开信息整理，由AI算法生成（网信算备310104345710301240019号），不构成投资建议。 调研纪要：全球AI技术快速发展推动海天瑞声计算机视觉、自然语言和智能语音三大业务板块全面增 长。计算机视觉和自然语言业务占比提升，得益于技术突破和市场需求增长。公司在数据要素领域通过 参与国家训练数据标注基地建设，形成综合解决方案。与华为合作涉及昇腾 DeepSeek数据飞轮智能 体、陕西智慧文旅项目、京西智谷数字人平台及配音平台项目。2025年收入增长的核心驱动因素包括 AI产业的两大发展趋势和创新业务布局，以及与华为的战略合作和东南亚数据交付体系。海外市场拓 展方面，公司全面推进全球化战略布局，通过并购菲律宾交付基地和加快全球化服务网络建设。训练特 定垂向领域大模型所需数据来源分为公开数据、客户自有数据和垂直场景定向采集数据。数据标注行业 将更加智能化，数据安全及合规能力成为核心评价维度。公司核心竞争力体现在服务产品双模式、技术 平台能力、供应链资源管理和数据安全及合规能力。产品数据集业务与定制化服务业务的区别在于前者 是模拟数据，后者是定向化需求的纯加工服务。 机构简介： 公司成立 ...

Core Insights - The 2025 "Data Element ×" competition is actively promoting innovation in the Guangdong region, with a focus on open innovation tracks that emphasize high-quality vertical industry data model construction [1][3] - The event highlights Qianhai's role as a core hub for data elements in the Guangdong-Hong Kong-Macao Greater Bay Area, facilitating deep integration of data elements with industrial innovation [3][5] Group 1: Competition Overview - The Guangdong division of the 2025 "Data Element ×" competition is currently underway, featuring three main tracks: transportation, urban governance, and open innovation [1] - The open innovation track is newly established in Guangdong, aiming to promote the deep integration and innovative application of large model technology in specific fields [1][3] Group 2: Support and Resources - Qianhai's modern service industry and cross-border flow advantages provide solid support for the open innovation track, enhancing the efficient circulation and value release of data elements [3] - The event included expert guidance for participating teams, focusing on project selection, data integration, value presentation, and presentation design [3][4] Group 3: Industry Development - The Shenzhen (Qianhai) International Data Industrial Park serves as a key platform for the competition and a hub for companies to embrace data elements and achieve innovative breakthroughs [4][5] - The park is part of the "1+3+X" international data element aggregation development service system, focusing on international data cross-border flow mechanisms and industry service platform construction [5]

Cinven is nearing an acquisition of Artefact in a deal that could value the French data services company at about €1 billion ($1.2 billion) https://t.co/nq2ySzThQR ...

Core Viewpoint - Haitai Ruisheng (688787.SH) is experiencing significant growth in its performance, driven by the rapid development and commercialization of AI technology, particularly in its three main business segments: computer vision, natural language processing, and intelligent voice services [1][3]. Financial Performance - For the first half of 2025, the company expects to achieve revenue between 149 million to 165 million yuan, representing a year-on-year growth of 61.06% to 78.01% [1][3]. - The net profit attributable to shareholders is projected to be between 2.944 million to 4.416 million yuan, with a staggering year-on-year increase of 607.01% to 960.52% [1][3]. - The non-recurring net profit is anticipated to be between 812,300 to 1,218,500 yuan, reflecting a growth of approximately 122.10% to 133.15% [3]. Business Segments - The company has reported comprehensive growth across its three main business segments due to the increasing demand for AI technologies [1][3]. - In 2024, the company saw a significant recovery with a revenue increase of 39.45% to 237 million yuan and a return to profitability with a net profit of 11 million yuan [3]. Market Expansion - Haitai Ruisheng is actively exploring new business models and markets, particularly in the data industry, in response to national strategies promoting AI and data elements [4]. - The company has established strategic partnerships with local governments and operators to innovate in data governance and circulation systems [4]. - In 2024, the company achieved overseas revenue of 114 million yuan, marking an impressive year-on-year growth of 89.53%, significantly outpacing domestic growth of 12.16% [4]. Stock Performance - Over the past three months, the company's stock price has increased by over 70%, rising from a low of 71.01 yuan per share on April 9, 2025, to 121.47 yuan per share by July 22, 2025 [2][5]. Shareholder Actions - The company's controlling shareholder and several executives have initiated a share reduction plan, citing personal financial needs [6][7].

Summary of Haitai Ruisheng Conference Call Company Overview - **Company**: Haitai Ruisheng - **Industry**: AI and Data Annotation Services Key Points and Arguments Financial Performance - Haitai Ruisheng reported a **40% revenue growth** last year, with significant contributions from overseas markets [2][4] - For the first half of 2025, the company anticipates a **70% revenue growth**, maintaining the same growth rate as the first quarter [3] - The mid-year report indicates revenues nearing **160 million yuan**, with a year-on-year growth of **40%-70%** [14] Market Dynamics - The company benefits from the application of large model technologies, particularly in vertical sectors [4] - Haitai Ruisheng's collaboration with **China Mobile** has significantly enhanced revenue, contributing **20 million yuan** in the first six months of the year, compared to **12 million yuan** over the previous five years [6][8] - The company is involved in local government data industrialization projects, expected to contribute to performance starting in Q3 [6][7] Strategic Partnerships - Haitai Ruisheng has formed a strategic partnership with **Huawei**, launching an integrated data processing platform and promoting local hardware-software integration projects [11] - The company is also exploring a data asset licensing model, focusing on project customization and subscription services to meet specific client needs [5][29] Operational Developments - The data delivery base in the **Philippines** has reached a scale of **1,500 employees**, providing crucial support for global operations [13] - The company has established multiple overseas subsidiaries to expand its presence in Southeast Asia and the Middle East [5][31] Customer Base - Major domestic clients include **China Mobile**, **Alibaba**, **Kuaishou**, and **Xiaomi**, with Alibaba contributing **12 million yuan** this year [15][16] - In the overseas market, **Zoom** has emerged as a key client, contributing over **10 million yuan** in revenue [17] Emerging Opportunities - The demand for expert annotation is increasing with the development of large models, particularly in the medical field, where a significant project has been secured [18][20] - The company is also preparing to enter the robotics data training sector, with plans to announce a project in August [12] Challenges and Risks - Haitai Ruisheng faces challenges in the overseas market due to a lack of large-scale data delivery systems and reliance on military and government contracts [26] - The company is working to balance production capacity with project leads to avoid overcapacity issues [27] Future Outlook - The company maintains an optimistic outlook for the full year, expecting new revenue sources in Q3 and Q4 despite some uncertainties in government contracts [32] - The revenue structure indicates a significant portion from customized services, with expectations for increased demand as AI applications mature [28][30] Additional Insights - The company is exploring the feasibility of enterprise subscription and customized service models in the Chinese market, leveraging local government collaborations [30] - Haitai Ruisheng's quality assurance processes involve dual-level checks to ensure data quality, enhancing operational efficiency [31]

Core Insights - Yantai is pioneering the market-oriented allocation of data elements in Shandong, showcasing how digital technology can reshape industrial genetics and empower urban governance [1][11] - The city has made significant strides in data rights registration and the monetization of data assets, marking a transformative shift in how data is perceived and utilized [2][11] Data Element Marketization - Yantai has achieved a breakthrough in data rights registration with the issuance of the first judicially effective data property registration certificate in Shandong, enabling the market circulation of data elements [1][2] - The successful case of Shandong Portong Company pledging pure data assets for a loan demonstrates the transition of data from a "credit auxiliary tool" to a "core pledge asset" [2] Industrial Transformation - Yantai is implementing a "digital dialectics" approach to transform traditional industries, integrating digital technology into production processes [4][5] - The use of blockchain technology in the Zhangyu International Wine City allows consumers to verify production information, enhancing trust and transparency [5] Urban Governance - Yantai is recognized as a national model for data-driven governance, utilizing a "1751" digital government operation system to improve service efficiency [9][10] - The city has streamlined reporting processes for community workers, reducing the number of required reports by 62%, which enhances operational efficiency [10] Future Prospects - Yantai's initiatives in data rights, asset monetization, and digital transformation are seen as a blueprint for Shandong's broader digital economy strategy [11][12] - The ongoing development of data value release and digital economic quality improvement actions is expected to yield more innovative and impactful stories in the region [12]

Core Viewpoint - The company, Sanwei Tiandi, is actively engaging in RDA (Real Data Assets) related demonstration projects and aims to play a significant role in the data asset management sector in China [1] Group 1: Company Strategy - The company has established a forward-looking layout and is leading standards in the data asset management field [1] - It focuses on platform support and ecosystem construction to enhance its service capabilities [1] - The company is committed to integrating technology and empowering services in the data asset management domain [1] Group 2: Future Engagement - The company plans to closely monitor relevant policies and developments in the RDA space [1] - It aims to participate in the formulation of related standards and explore application scenarios that combine RDA with physical assets [1] - The company intends to actively engage in asset on-chain and financial instrument issuance led by data exchanges, positioning itself as a data merchant [1]

Core Insights - Innodata Inc. (NASDAQ: INOD) is characterized as a battleground stock due to numerous conflicting narratives surrounding it [1] - The company has a long history of managing large volumes of complex data and has leveraged this expertise since around 2019 to provide high-value data services [1] Company Overview - Innodata has been involved in handling complex data for many years, indicating a strong foundation in data management [1] - The shift to providing high-value data services began approximately in 2019, suggesting a strategic pivot in its business model [1]

Group 1 - TransUnion (TRU) is a data service company that provides credit rating and data analytics through its OneTru platform [1] - The company is focusing on investing in the growth of its data assets and expanding into new market verticals and geographic regions [1]

转自：北京日报客户端 西城区委常委、副区长王波与中国电力企业联合会、高等教育出版社、北京国家科技金融风险监控中心 等6家企业代表发布了"中国数据街"可信数据空间试点项目，覆盖金融、能源、环保、教育等重点领 域，创新推动数据基础设施建设，为数据资源开发利用提供坚实底座。 西城区政府党组成员、副区长邴浩与高等教育出版社副总编辑张泽共同发布大吉巷数据科创中心首个创 新成果——Lovong"龙凤"人工智能开放应用平台。大吉巷数据科创中心是"中国数据街"建设先导区的重 要产业空间。Lovong"龙凤"开放平台通过接口、一体机、PAD学习机等多种形态能力输出，开拓出版行 业数据服务新赛道，为教育智能化发展注入新动能。 西城区政协副主席、区数据局局长杨秋与国网冀北电科院邓春、国网能源院能源数字经济研究所王智敏 共同发布"AI智能辅助绿色采购平台"、《电力与算力协同发展蓝皮书》等算电融合创新发展成果。 国家数据发展研究院副院长袁军，北京市政务服务和数据管理局党组成员、副局长彭雪海，西城区委常 委、副区长王波等共同启动"数据要素×"大赛北京分赛金融服务赛道，支持参赛队伍以赛促用，推动金 融服务以及更多领域数据资源开发利用和数据 ...