Investment Rating - The investment rating for the industry is "Positive" and is maintained [9] Core Insights - The industry revenue for 2024 is expected to see a slight increase, with a growth rate at a historical low. The total revenue is projected to reach 699.88 billion yuan, a year-on-year increase of 0.9%, significantly lower than the compound annual growth rate of 5.8% from 2020 to 2023 [4][19] - In 2025 Q1, the industry revenue continues to grow with a recovery in growth rate, totaling 139.29 billion yuan, a year-on-year increase of 4.5% [5][55] - The profit margin is under pressure due to weak demand, with the gross margin for 2024 at 32.3%, down 1.1 percentage points year-on-year. The net profit attributable to the parent company is projected to be -140 million yuan, a year-on-year decline of 101% [4][21] - The AI sector continues to show strong demand, while the government sector (G-end) is under pressure but shows initial signs of recovery in 2025 Q1. The B-end demand remains stable [6][78] Summary by Sections 2024 Annual Report Overview - The total revenue for the computer industry in 2024 is expected to be 699.88 billion yuan, with a growth rate of 0.9% year-on-year, indicating a significant slowdown compared to previous years [4][19] - The gross margin is projected to decline to 32.3%, reflecting increased competition and pressure on pricing [21] - The net profit attributable to the parent company is expected to be -140 million yuan, indicating a severe decline in profitability [21] 2025 Q1 Report Overview - The total revenue for 2025 Q1 is projected to be 139.29 billion yuan, with a year-on-year growth of 4.5% [5][55] - The gross margin for 2025 Q1 is expected to be 31.2%, down 1.1 percentage points year-on-year, indicating ongoing pressure on profitability [59] - The net profit attributable to the parent company is expected to improve to -470 million yuan, a year-on-year improvement of 80.9% [59][61] Industry Segmentation - The AI sector continues to experience high demand, with revenue growth in IT services, data processing, and artificial intelligence expected to persist [6][78] - The government sector shows initial signs of recovery in 2025 Q1, although it faced negative growth in 2024 [6][78] - The B-end demand remains stable, with certain sectors benefiting from policy support and industrial transformation [6][78] Investment Recommendations - Focus on sectors expected to see early improvements, including cloud infrastructure, domestic computing power, AI agents, and domestic innovation [7]

南都讯 记者何思敏 日前，宝安区教育局举行宝安教育数字化转型"1+3"体系成果发布活动。现场，宝安区教育数 字化转型"宝教通"平台正式启动，将全力构建深度赋能的智慧教育新生态。 近年来，改革创新成为宝安教育弯道超车、高质量发展的奋斗共识和重要抓手，拥抱教育数字化的时代浪潮，宝 安区将2024年确定为"宝安教育数字化转型元年"，全面启动了宝安教育数字化转型基础网络、基础平台、基础应 用三大筑基工程，高质量编制了《宝安区教育数字化转型高质量发展规划（2025-2027年）》，形成"1+3+7+21"的 发展框架，明确了宝安教育数字化转型路线图、任务单和时间表。 经过与北京师范大学等一流高等院校、研究机构及华为、腾讯等头部企业合作，宝安教育构建了以"宝教通"智慧 平台为统领，贯通"基础网络、基础平台、云端学校"三大工程的"1+3"体系，形成数智赋能人才培养、融合教学、 支撑评价的"智能+"数字化教育新生态。 宝安教育数字化转型"先手棋"与国家发展战略同频共振。"宝教通"前瞻布局，高度契合教育部等九部门《关于加 快推进教育数字化的意见》要求共计18条，近80%内容，平台能力均能实现。15项全国首创率先，洞见宝安教育 ...

电科数字（600850.SH）2025 年一季报点评 25Q1 业绩符合预期，营收利润稳健增长 2025 年 05 月 04 日 ➢ 事件概述：电科数字于 2025 年 4 月 29 日发布 2025 年一季报，公司多行 业、多领域齐头并进，一季度业务开展稳定，盈利利润均取得稳健增长。2025 年 一季度，公司实现营业收入 20.01 亿元，同比增长 0.36%；实现归属于上市公 司股东的净利润 0.50 亿元，同比增长 6.41%；实现归属于上市公司股东的扣除 非经常性损益的净利润 0.49 亿元，同比增长 4.00%；研发费用 1.05 亿元，同 比增长 1.70%，研发费用稳步提高，彰显公司发展决心。 ➢ 构建数字应用矩阵，助力客户数字化转型。公司紧扣数据驱动决策、业务流 程再造、产业智能化升级、组织效率提升等数字化需求，以态势感知、业务赋能 为目标，打造物联网平台、数据引擎、数字孪生引擎、GIS 引擎等数智应用软件 产品，叠加物联感知设备接入、数据治理、自动化建模、低代码场景编辑、云渲 染等核心技术服务能力，构建数智应用产品矩阵。目前，相关数智应用产品已在 水利、交通、能源、医疗、工业制造、政府、商业 ...

计算机周报 20250504 计算机行业 24 年报及 25 年一季报分析：拐点已现 2025 年 05 月 04 日 ⚫ 市场回顾 本周（4.28-5.02）本周沪深 300 指数下跌 0.43%，中小板指数下跌 0.49%， 创业板指数上涨 0.04%，计算机（中信）板块上涨 2.66%。板块个股涨幅前五 名分别为：创意信息、凌志软件、华胜天成、乐鑫科技、先进数通；跌幅前五 名分别为：东方通、全志科技、浩丰科技、川大智胜、龙宇燃油。 ⚫ 行业要闻 ⚫ 公司动态 ➢ 新科大国创：4 月 29 日，科大国创（证券代码：300520）公告称，公司 董事史兴领、储士升、李飞提前终止减持计划。三人于 2025 年 3 月通过集中 竞价交易方式分别减持公司股份 799,939 股（均价 27.53 元/股，占总股本 0.2763%）、354,900 股（均价 29.87 元/股，占比 0.1226%）及 19,900 股 （均价 26.60 元/股，占比 0.0069%），剩余未减持股份不再继续。本次减持 符合《证券法》《上市公司股东减持股份管理暂行办法》等规定，未导致公司 控制权变动，对经营无重大影响。 ➢ 众诚科 ...

中证智能财讯 国际商业数字技术（01782）4月24日披露2024年度报告。报告期内，公司实现营业总收入1.10亿元，同比下降15.03%；归母净利润亏损 7506.80万元，上年同期亏损4715.50万元；经营活动产生的现金流量净额为-3827.80万元，上年同期为-2677.10万元；据报告显示，国际商业数字技术基本每 股收益为-0.0985元，加权平均净资产收益率为-36.4%。 以4月24日收盘价计算，国际商业数字技术目前市净率（TTM）约23.9倍，市销率（TTM）约37.8倍。 市盈率(TTM)历史分位(%) 001 900 96:59 937 - 80-58 80 70 6247 60 50 40 40-33 30 20 13d56 10 0 2019-12-37 1 ·7-12-37 2-12-37 J-12-37 2n- 制图数据来自恒生聚源数据库 市净率(LF)历史分位(%) (100 90 80 70 76 60 50 49-88 40 30 243 20 13652 10 e d 0 7 2019-12-37 I 0-30 1 0-06-30 /-12-37 <-37 2n- 制图数据 ...

Financial Performance - The company's market capitalization is approximately $570 million as of April 30, 2025 [5] - Total revenue for the trailing twelve months (TTM) is $242 million [5, 9] - The company has $105 million in cash and equivalents [5, 31] - Q1 2025 revenue was $63 million, a decrease of 2% year-over-year [26, 27, 35] - Q1 2025 subscription revenue grew by 9% to $44 million [28, 29] - Annual Recurring Revenue (ARR) grew by 9% to $168 million [5, 30, 31, 40] - Net Recurring Revenue (NRR) is at 107% [5, 31] - Adjusted EBITDA for Q1 2025 was $23 million, representing a 36% margin [31] - Non-GAAP EPS for Q1 2025 was $0.45 [31] - The company paid a quarterly cash dividend of $0.12 per share in Q1 2025 [31] Business Segments - Security Solutions accounted for $180 million (74%) of the total revenue [9] - Digital Agreements contributed $62 million (26%) to the total revenue [9] - Security Solutions subscription revenue grew by 5% [15] - Digital Agreements revenue grew by 16% [20]

OneSpan (OSPN) Q1 2025 Earnings Call May 01, 2025 04:30 PM ET Speaker0 thank you for standing by. Welcome to the Q1 twenty twenty five OneSpan Earnings Conference Call. At this time, all participants are in a listen only mode. After the speakers' presentation, there will be a question and answer session. Please be advised that today's conference is being recorded. I would now like to hand the conference over to your first speaker today, Joe Maxa, Vice President of Investor Relations. Please go ahead. Speake ...

Core Insights - IBM and Scuderia Ferrari HP have launched a reimagined mobile app aimed at enhancing the experience for the global fanbase of nearly 400 million Tifosi [1][2] - The app features AI-powered functionalities, including Race Centre, Italian language support, race summaries, and fan polls, designed to provide a more immersive experience [2][5] - Continuous updates and new features will be rolled out throughout 2025 to deepen fan engagement and connection with the Scuderia Ferrari HP team [3][5] Company and Industry Developments - The app incorporates IBM's watsonx technology to deliver personalized and interactive experiences for fans year-round [3][4] - New features include AI-generated race summaries, post-race insights, historical data comparisons, fan messaging capabilities, and interactive polls [6][7] - The collaboration between IBM and Ferrari emphasizes a shared commitment to innovation and excellence, aiming to create a digital experience that reflects the Ferrari brand [4][7]

美国法官裁定苹果公司违反了改革应用商店的命令 加州一名联邦法官周三裁定，苹果(AAPL.O)公司违反了美国法院的一项命令，该命令要求苹果公司在 其利润丰厚的应用程序商店中允许在应用程序下载和支付方式方面进行更大的竞争。法官还将此案移交 给联邦检察官。法官罗杰斯判决书中称，苹果公司没有遵守她之前的禁令，该禁令是在《堡垒之夜》开 发商Epic Games提起的反垄断诉讼中强制执行的。罗杰斯说："苹果公司继续干预竞争的企图是不能容 忍的。""这是禁令，不是谈判。一旦一方故意无视法院命令，就没有重头来过的机会。" ...

Core Viewpoint - Wellchange Holdings Company Limited has received a notification from Nasdaq regarding non-compliance with the minimum bid price requirement, having failed to maintain a bid price of $1.00 per share for 33 consecutive business days [1][2]. Compliance Status - Nasdaq Listing Rule 5550(a)(2) mandates that listed securities must maintain a minimum bid price of $1.00 per share [2]. - The company has been granted a compliance period of 180 calendar days, until October 27, 2025, to regain compliance [3]. - If the closing bid price reaches at least $1.00 per share for ten consecutive business days during this period, Nasdaq will confirm compliance [3]. Potential Actions - If compliance is not regained by the deadline, the company may be eligible for additional time, provided it meets other listing requirements and notifies Nasdaq of its intention to cure the deficiency [4]. - The company is considering options to regain compliance, which may include implementing a reverse stock split if necessary [4][5]. Company Overview - Wellchange Holdings Company Limited is an enterprise software solution provider based in Hong Kong, focusing on customized software solutions and cloud-based SaaS platforms [6]. - The company's mission is to assist small and medium businesses in digital transformation and resource-efficient growth through integrated ERP software solutions [6].