在全球数字化浪潮奔涌向前的当下，数字经济正以前所未有的速度重塑着世界经济格局。从国家顶层设 计到社会各领域的深度变革，数字经济已成为推动经济发展、提升国家竞争力的关键力量。作为中国领 先的场景化数字解决方案提供商，量化派凭借其强大的数字化场景赋能能力，以及先进的商业模式和卓 越的管理队，正成为这场变革中的重要推动者。 量化派创立于2014年。自创立以来，量化派依托领先的闭环场景化服务能力、模块化运营能力、规模化 商品及服务输出能力，为多行业提供场景化数字赋能服务，帮助其实现场景、科技、流量、运营、商品 及服务的数字化深度融合。 截至2024年6月30日，公司通过量化赋能专有应用程序维系逾5180万名注册终端客户，积累了庞大的客 户群。公司已于往绩记录期间实现业务规模增长，截至2024年6月30日，公司拥有逾133,100个库存单 位，在应用程序上拥有逾2,600名业务伙伴，通过量化赋能专有应用程序已赋能交易的交易值分别为人 民币53亿元、人民币36亿元、人民币49亿元及人民币29亿元。 公开资料显示，量化派研发团队核心成员包括创始人兼CEO周灏博士、首席技术官周强先生等，均拥有 多年研发经验，研发人员占比超4 ...

截至2024年6月30日，公司通过量化赋能专有应用程序维系逾5180万名注册终端客户，积累了庞大的客 户群。公司已于往绩记录期间实现业务规模增长，截至2024年6月30日，公司拥有逾133,100个库存单 位，在应用程序上拥有逾2,600名业务伙伴，通过量化赋能专有应用程序已赋能交易的交易值分别为人 民币53亿元、人民币36亿元、人民币49亿元及人民币29亿元。 在生成式人工智能技术爆发式增长的背景下，中国已构建起全球领先的AI创新生态，而量化派作为场 景化数字解决方案领域的先锋企业，正以技术硬实力与商业落地能力双轮驱动，在消费市场精准撮合赛 道中占据关键卡位。依托自主研发的AI算法矩阵与超5000万用户基盘，企业不仅实现交易规模与合作 伙伴网络的持续扩容，更以行业领先的市场地位彰显其商业价值。此次冲刺港交所主板上市，标志着量 化派将借助资本市场力量加速技术迭代与生态扩张，为AI产业的高质量发展注入新动能，并向数字赋 能市场输出新方案。 量化派创立于2014年，是中国领先的场景化数字解决方案提供商。自成立以来，公司投入大量时间及资 源构建及完善技术平台，在分析客户画像方面拥有逾八年经验，AI相关解决方案及算法 ...

Group 1 - The core viewpoint of the articles highlights the transformative impact of artificial intelligence across various industries, emphasizing its significant influence on the economic landscape, particularly in China [1] - Quantipai Technology Co., Ltd. has submitted its listing application to the Hong Kong Stock Exchange, with CICC and CITIC Securities as joint sponsors, marking a significant step towards its public offering [1] - Founded in 2014, Quantipai is recognized as a leading provider of scenario-based digital solutions in China, aiming to become a global leader in digital empowerment [2] Group 2 - As of 2023, Quantipai ranks seventh in China for providing precise matching solutions in the consumer market, holding a market share of 0.7% [2] - The company has established a substantial customer base, with over 51.8 million registered end customers as of June 30, 2024, and has achieved significant business growth [2] - Quantipai's unique business model and technological capabilities position it well to lead industry trends and contribute to the development of the digital economy [3]

Financial Data and Key Metrics Changes - The company reported revenues of $3,400,000,000, reflecting a 2% year-over-year growth [7] - Adjusted EBITDA was $262,000,000, up 3% from the prior year quarter, with a 10 basis point increase in adjusted EBITDA margins [21] - Free cash flow for the first quarter was $102,000,000, indicating a positive start to the fiscal year [25] Business Line Data and Key Metrics Changes - Digital Solutions generated revenues of $1,300,000,000, representing 1% growth, with adjusted EBITDA increasing to $100,000,000 [22][23] - Global Engineering Solutions reported revenues of $2,100,000,000, reflecting a 3% growth, with adjusted EBITDA increasing by 4% [24] Market Data and Key Metrics Changes - The company achieved $3,600,000,000 in net bookings, resulting in a 1.1 times quarterly book-to-bill ratio and a total backlog of $45,000,000,000 [8] - The company has $30,000,000,000 in pending awards, driven by $12,000,000,000 of submitted bids in Q1 [11] Company Strategy and Development Direction - The company is focused on executing well-funded enduring programs of national significance, with a stable environment across long contracts [30] - The integration and value capture activities are on track, with expectations of achieving $30,000,000 in run rate synergies by the end of fiscal year 2025 [15] - The company is leveraging advanced technology solutions to drive efficiency and effectiveness for customers, particularly in defense and national security sectors [16][17] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to drive sustained shareholder value through long-term growth and strong free cash flow generation [19] - The company acknowledges potential impacts from the new administration's priorities but remains optimistic about its core business and demand in areas like cyber and space [34][36] Other Important Information - The company has a strong liquidity position with $522,000,000 in cash and no outstanding balances on its revolving credit facility [26] - The fiscal year 2025 guidance includes revenues in the range of $13,800,000,000 to $14,200,000, with adjusted EBITDA between $1,060,000,000 and $1,100,000,000 [27] Q&A Session Summary Question: Can you talk about areas where you're seeing an acceleration with the administration priorities? - Management noted a stable environment across long contracts, with some delays in awards due to government guidance [30][31] Question: Can you provide context on the pending awards and how they fit between digital solutions and global engineering? - Management indicated that roughly two-thirds of the pending awards are new business, well split between both segments [37] Question: Is there any seasonality we should think about in free cash flow between Q1 and Q4? - Management confirmed that Q4 is expected to be the strongest quarter for cash flow due to the alignment with the government fiscal year end [39] Question: What are you seeing in terms of demand in the commercial business? - Management expressed excitement about growth in the commercial sector, particularly in AI and advanced infrastructure [45] Question: How do you think personnel changes in the government could impact the business? - Management believes that the need for government services remains unchanged, and there are opportunities for companies that can deliver more efficient methods [74][76] Question: Can you elaborate on the 1% revenue impact from the new administration? - Management acknowledged the fluid situation but reaffirmed guidance, indicating minimal impacts primarily related to foreign aid contracts [78]