Group 1 - The emergence of the open-source AI model DeepSeek has attracted significant attention from various industries and investors, showcasing its potential in the AI field and creating new opportunities in enterprise information services [1] - The AI intelligent training platform developed by Honglian 95, a subsidiary of CITIC Guoan, successfully integrated DeepSeek in February 2025, enhancing its smart training capabilities and providing immersive learning experiences for users [1][2] - DeepSeek's advanced natural language processing and deep learning algorithms enable the platform to simulate diverse business scenarios and provide real-time intelligent feedback, significantly improving training effectiveness and user experience [2] Group 2 - CITIC Guoan has established itself as a leader in the comprehensive information services sector, leveraging its technological innovations and stable customer resources to enhance its market position [3] - The company aims to upgrade its strategic goal to become an "integrated digital service expert" while maintaining stable revenue and profit growth despite macroeconomic challenges [3] - Future development plans align with national strategic directions and leverage CITIC Group's advantages to increase market share and promote sustainable growth [3]

Core Viewpoint - The company, CITIC Guoan Information Industry Co., Ltd., reported a net loss for the year 2024, leading to a decision not to distribute dividends or increase capital from reserves, reflecting its current financial challenges [8][9][18]. Group 1: Business Overview - The company’s subsidiary, Honglian 95, focuses on comprehensive information services, leveraging AI and big data to enhance service offerings and support digital transformation for clients in various sectors [2]. - The cable television network business operates in seven provinces, providing basic and value-added services, while also exploring 5G business opportunities to enhance user engagement [3][5]. - The real estate segment is centered on the "Guoan Coast" project in Hainan, with ongoing construction and sales efforts aimed at meeting government stability goals [5]. Group 2: Financial Performance - For 2024, the consolidated net profit attributable to shareholders was -77.79 million yuan, with the parent company reporting a net loss of -154.42 million yuan, resulting in a total undistributed profit of -2.96 billion yuan by year-end [8][9]. - The company’s total undistributed profit reached -3.49 billion yuan, exceeding one-third of its paid-in capital of 3.92 billion yuan, indicating significant financial distress [8]. Group 3: Dividend Policy - The board of directors proposed not to distribute cash dividends or issue new shares, aligning with the company’s current financial situation and regulatory requirements [9][18]. - The decision is consistent with the company’s articles of association, which stipulate that dividends can only be distributed when profits are positive and undistributed profits are also positive [12][18]. Group 4: Future Strategies - The company aims to enhance profitability by focusing on core business areas, improving operational efficiency, and fostering innovation to drive growth [14][15]. - Plans include increasing investment in technology and data analytics to support digital transformation and operational improvements [15]. - The company will enhance communication with investors to improve market recognition and support for its strategic initiatives [16]. Group 5: Governance and Compliance - The board and supervisory committee confirmed that the proposed dividend policy complies with relevant laws and regulations, ensuring no harm to investor interests [20][21]. - The company is committed to improving governance and risk management practices to safeguard shareholder value and ensure sustainable growth [17].

Core Viewpoint - The company has achieved steady growth in its operating performance for 2024, with a revenue of 3.395 billion yuan, representing a year-on-year increase of 13.88% [1] Group 1: Financial Performance - The company reported a revenue of 3.395 billion yuan for 2024, marking a 13.88% increase compared to the previous year [1] - The company has shown a significant recovery in performance, with a notable reduction in losses during the reporting period [1] Group 2: Technological Innovation - The company emphasizes the importance of technological innovation, particularly through its subsidiary Honglian 95, which excels in AI applications within the industry [2] - Honglian 95 has developed an intelligent interactive platform that integrates generative AI technology with vertical industry knowledge, providing comprehensive solutions for various enterprise clients [2] - The successful integration of the DeepSeek large model into the AI intelligent training platform signifies a major breakthrough in AI technology application [2] Group 3: Strategic Development - The company plans to continue focusing on its core business in 2025, enhancing the technological innovation of its subsidiary Honglian 95 to improve service quality and profitability [2] - The chairman emphasized leveraging the technological innovation and collaborative advantages of the CITIC Group to expand market share and achieve sustainable development [3] - The company's development strategy aligns closely with national strategic directions and aims to position itself as a strong contributor to value creation with robust innovation and profitability [3]