Group 1 - The National Supercomputing Internet Platform has experienced rapid growth in user registration and service provider numbers since its launch on April 11, 2024, with total users exceeding 350,000 and connections to over 20 supercomputing and intelligent computing centers across 14 provinces [1] - The platform has provided nearly 10 billion computing power units and gathered over 500 quality service providers along with 7,000 computing products and large models, catering to over 100 sub-industries and 1,000 application scenarios in scientific computing, industrial simulation, and artificial intelligence [1] - Daily active user operations exceed 500,000, with over 1 million API calls and more than 3 million visits per day, indicating a high level of engagement and usage [1] Group 2 - The supercomputing internet consortium has over 150 members, including various supercomputing centers and resource suppliers, as well as data providers, software suppliers, SaaS platforms, and individual developers, showcasing a robust support system for the platform [2] - The platform aims to respond to the "Artificial Intelligence+" initiative by 2025, collaborating with vertical industry partners in education, finance, and healthcare to enhance enterprise-level intelligent agent development, industry knowledge base construction, and private model customization [2]

Group 1: Financial Performance - In 2024, the company's operating revenue reached 5.875 billion CNY, a year-on-year increase of 68.91% [3] - The net profit attributable to shareholders turned from a loss of 436 million CNY in 2023 to a profit of 56.82 million CNY in 2024, representing a growth of 113.05% [3] - The net cash flow from operating activities increased by 41.90%, reaching 203 million CNY [3] - The weighted average return on equity improved from -28.91% in 2023 to 4.60% in 2024, an increase of 33.51 percentage points [3] Group 2: Business Segments - The traditional main business (FPC and backlight modules) generated 3.8 billion CNY in revenue in 2024, a year-on-year growth of 12.60% [4] - The revenue from the computing power business reached 1.988 billion CNY in 2024, a staggering year-on-year increase of 5,303.30% [5] - In Q1 2025, the traditional main business achieved revenue of 860 million CNY, maintaining stability compared to the previous year [4] Group 3: Strategic Initiatives - The company has focused on internal reforms, capacity optimization, and cost control to enhance operational efficiency and transition FPC business to the mid-to-high-end market [4] - The company is committed to a major customer development strategy, supplying to well-known smartphone manufacturers such as H Company, OPPO, VIVO, Xiaomi, and Honor [4] - The company is actively pursuing the "green computing" initiative and plans to build a diverse and heterogeneous green computing industry in key national hubs [6] Group 4: Market Outlook and Challenges - The soft board business is expected to benefit from the AI wave, with increasing demand for AI smartphones and devices [9] - The company is optimistic about the future of the soft board business, with a significant reduction in losses and an increase in gross margin to around 7% in Q1 2025 [9] - The recent U.S. tariff policies have not negatively impacted the soft board business, which is currently thriving in the domestic market [15] Group 5: Financing and Cash Flow - The company has successfully established diversified financing channels to support the capital needs of the computing power business [19] - The cash flow model for computing power services involves upfront costs for equipment procurement, with a collection period of approximately 4 to 6 months [12] - The company is actively pursuing strategic partnerships with state-owned enterprises and listed companies to enhance its financing capabilities [20]

作 者丨 尹华禄 编 辑丨 吴桂兴 又见3 0多亿元算力服务大订单！ 新三板挂牌公司蓝耘科技（证券代码：8 7 11 6 9）于3月5日晚间公告称，全资子公司北京算优 科技有限公司（以下简称"算优科技"）与X公司签署了一份《算力云服务协议》，合同总金额 （含税）为人民币3 7 . 0 7亿元，期限为6 0个月。 值得注意的是，蓝耘科技2 0 2 0至2 0 2 3年全年的营收分别为3 . 4 8亿元、4 . 2 8亿元、3 . 9 4亿元、 4 . 0 9亿元。 若将算力协议中的3 7亿元均摊到5年内，每年带来的营收超7亿元，相当于再造近两个蓝耘科 技。 官 网 显 示 ， 蓝 耘 科 技 集 团 股 份 有 限 公 司 成 立 于 2 0 0 4 年 ， 总 部 位 于 北 京 ， 在 上 海 、 广 州 、 成 都、厦门等地设有分子公司，于2 0 1 7年挂牌新三板，是一家专注于提供GPU算力解决方案与 算力云服务的科技公司。 据 介 绍 ， 该 公 司 已 经 形 成 了 以 GPU 算 力 解 决 方 案 为 基 础 ， GPU 算 力 云 服 务 为 核 心 的 业 务 版 图，目前为国家高新技术企 ...

Core Viewpoint - The article highlights the rapid growth and potential of the computing power market, particularly focusing on the significant contract signed by BlueYun Technology, which could substantially boost its revenue and market position [2][3]. Group 1: Company Overview - BlueYun Technology, established in 2004 and listed on the New Third Board in 2017, has transitioned from traditional IT services to becoming a GPU computing power cloud service provider since 2020 [3]. - The company's revenue has seen a remarkable increase, growing from under 200 million to over 400 million in recent years, with a current market capitalization exceeding 1.5 billion [3]. Group 2: Major Contracts and Collaborations - BlueYun Technology's subsidiary, Beijing Sanyou Technology, signed a cloud service agreement worth 3.707 billion (including tax) with Company X, which is expected to significantly impact the company's financials [2]. - The company has also entered into several strategic partnerships with A-share companies, including a 1.39 billion contract with China Mobile Beijing and a 672 million contract with a joint venture with Zhejiang Wenhuan [4][5]. Group 3: Market Trends and Projections - The computing power service market is experiencing heightened interest due to the booming demand for AI and related technologies, with IDC predicting that China's intelligent computing scale will reach 1,037.3 EFLOPS by 2025 and 2,781.9 EFLOPS by 2028 [6]. - The overall market for intelligent computing services in China is projected to grow to 7.95 billion by 2025, with a compound annual growth rate of 57.3% from 2023 to 2028 [6].