Core Viewpoint - Wankey Technology and Huawei Terminal have signed a comprehensive cooperation agreement to jointly build the HarmonyOS ecosystem, enhancing the digital creative capabilities and user experience on HarmonyOS platforms [1][2]. Group 1: Cooperation Agreement - The agreement focuses on developing applications and services based on OpenHarmony to promote the mobile open ecosystem of HarmonyOS [2]. - Wankey Technology will adapt its applications, including Wankey Miao Ying, Wankey PDF, Wankey MindMaster, and Wankey Diagram, to the HarmonyOS system in phases [2]. - Both companies will explore deep cooperation in AI, including large model integration, NPU adaptation, and collaboration with Xiao Yi AI [2]. Group 2: Previous Collaborations - Wankey Technology has been increasing its collaboration with Huawei, signing a deepened cooperation agreement in August 2023 to focus on technology innovation and commercial cooperation [3]. - In June 2024, Wankey MindMaster and Wankey Diagram completed their adaptation to the "pure" HarmonyOS system [3]. - By November 2024, Wankey Diagram launched a native HarmonyOS version for desktop and tablet [3]. Group 3: Event Highlights - At the Huawei Developer Conference 2025, Wankey Technology shared its innovative practices and achievements in integrating digital creative software with the Harmony ecosystem [5]. - Wankey Technology's products received the Harmony Office Excellence Experience Award from Huawei Terminal [5][7]. Group 4: HarmonyOS Ecosystem - As of June 2025, the HarmonyOS ecosystem has surpassed 1 billion devices, covering various smart terminals including smartphones, tablets, and computers [6]. - Huawei Terminal is recognized as a leading provider of smart terminals, aiming to create a comprehensive smart life experience [6]. - Wankey Technology plans to maintain high-density collaboration with Huawei to leverage its strengths in AI applications and digital creative scenarios [6].

本次榜单分为CEO榜与企业榜两大类,包括科技CEO榜、企业综合榜、企业细分领域榜、企业垂直行业 榜四个细分榜,涵盖科技行业上市企业、独角兽、未来独角兽、新锐企业等不同阶段。 资料显示,吴太兵2003年在深圳创立万兴科技。20多年来,在吴太兵带领下,万兴科技坚持全球化运营,面向 全球用户持续提供各类创意软件,逐步成长为中国数字创意软件领域产品覆盖面广、营收体量大、全球 化程度高的A股上市公司。 据了解,2024年度科技榜单聚焦国内高科技高成长企业的现状和发展趋势,从业务数据、财务数据、产品 能力、服务能力、市场影响力等维度评选出相应榜单,旨在发现和挖掘被资本市场关注,同时受客户认可 的高科技、高成长、好团队、好口碑、跨周期的优秀企业。 目前万兴科技业务覆盖200多个国家和地区,全球累计用户超15亿,旗下已推出万兴喵影、万兴播爆等视频 创意软件,Wondershare SelfyzAI等图片创意软件,万兴图示(原亿图图示)、万兴脑图(原亿图脑图 MindMaster)等绘图创意软件,以及万兴PDF等文档创意软件,被视为"中国版Adobe"。 免责声明：此文内容为本网站转载企业资讯，仅代表作者个人观点，与本网无关。 ...

万兴科技官网显示，其2026届校招开放产品类、研发类、营销类、设计类和职能类岗位，工作地覆盖长 沙、深圳、杭州和日本东京等城市，具体薪酬根据岗位性质以及个人面试情况等综合因素确定。其中， 研发类的多个岗位，将有机会拿到"百万年薪"。入职长沙、深圳两地的实习生还可以视个人情况领取政 府补贴，最高达3000元；此外，实习生入职即可领取万兴科技产品全家桶VIP等大礼包。 公开资料显示，万兴科技是中国数字创意软件领域产品覆盖面广、营收体量大、全球化程度高的A股上 市公司，面向AIGC时代深度布局，业务覆盖200多个国家和地区，全球累计用户超15亿，旗下已推出万 兴喵影、万兴播爆等视频创意软件，Wondershare SelfyzAI等图片创意软件，万兴图示(原亿图图示)、万 兴脑图(原亿图脑图MindMaster)等绘图创意软件，以及万兴PDF等文档创意软件，被视为"中国版 Adobe"。 三一集团2026届校招提前批正式启动 本周，三一集团2026届校招提前批正式启动，面向2026届本科、硕士、博士毕业生进行提前批招募。此 次三一集团招募设计机械与结构设计、复合材料、塔筒设计、动力与能源、 质量与工艺、 软件与算法 ...

Core Insights - The company reported a revenue of 1.44 billion yuan for 2024, a year-on-year decrease of 2.78%, with a net profit attributable to shareholders of -163 million yuan, marking a shift to negative profitability [1] - The decline in performance is attributed to intensified market competition, rising traffic costs, and goodwill impairment [2] - The company's overall gross margin for 2024 was 93.22%, down 1.55 percentage points year-on-year, with a net margin of -10.93%, a decrease of 18.24 percentage points [3] Financial Performance - In Q4 2024, the company achieved revenue of 387 million yuan, a year-on-year increase of 0.43%, but the net profit attributable to shareholders was -158 million yuan, indicating a significant loss [1][2] - Annual sales expenses rose to 849 million yuan, a 17.42% increase year-on-year, while R&D expenses increased by 9.90% to 442 million yuan, and server costs surged by 65.01% [2] - The company’s revenue by quarter for 2024 was 358 million, 347 million, 348 million, and 387 million yuan, with corresponding net profits of 26 million, -1 million, -30 million, and -158 million yuan [2] Profitability Analysis - The gross margin for the video creative business was 92.54%, down 2.10 percentage points year-on-year, while the practical tools business had a gross margin of 94.83%, down 1.50 percentage points [3] - The sales expense ratio for 2024 was 58.95%, an increase of 10.14 percentage points, while the R&D expense ratio was 30.73%, up 3.55 percentage points [3] - In Q1 2025, the company reported revenue of 380 million yuan, a year-on-year increase of 6.06%, but the net profit attributable to shareholders was -33 million yuan, reflecting a significant decline in profitability [3] Strategic Developments - The company is deepening its AI strategy with the "Tianmu" multimedia model, which covers video, image, audio, and text, and has been applied to core products like Filmora and PDFelement [4] - AI-native application revenue reached approximately 6.7 million yuan, doubling year-on-year, with significant growth in AI product revenues [4] - The video creative business generated revenue of 961 million yuan, maintaining stability with a 0.06% year-on-year increase, while the company is expanding its product matrix and enhancing AI functionalities [4]

事件: 2025 年4 月28 日，公司公告2024 年年报及2025 年一季报，2024年公司营收14.4 亿元，同比-2.78%；归 母净利润-1.63 亿元，同比-289.61%；扣非后归母净利润-1.61 亿元，同比-279.80%。 2025Q1，公司营收3.8 亿元，同比+6.06%；归母净利润-0.33 亿元，同比-227.93%；扣非后归母净利 润-0.38 亿元，同比-265.49%。 投资要点: 接入DeepSeek 等模型，2025Q1 部分产品移动端收入同比翻倍2025Q1，公司品牌力持续强化，社媒曝光 量超12 亿次创单季历史新高。公司持续推进以音视频为核心的算法技术研发，完成DeepSeekR1、阿里 通义万相、Pika 等外部大模型能力接入，为存量产品AI 功能的优化和AI 创新产品的交互构建技术基 础。 2024 年视频创意付费用户数同比20%+，AI 原生应用收入同比翻倍2024 年，公司视频创意/实用工具/文 档创意/绘图创意类工具收入9.61/2.34/1.17/1.21 亿元，同比+0.06%/-8.7%/-10.13%/-5.88%；其中： 1）视频创意产品：总付费用 ...

2025 年 05 月 04 日 公司研究 评级：增持(维持) | 相对沪深 300 | 表现 | | 2025/04/30 | | --- | --- | --- | --- | | 表现 | 1M | 3M | 12M | | 万兴科技 | -2.9% | -10.8% | -7.0% | | 沪深 300 | -3.7% | -1.2% | 4.6% | | 市场数据 | | | 2025/04/30 | | 当前价格（元） | | | 61.07 | | 当前价格（元） | 61.07 | | --- | --- | | 周价格区间（元） 52 | 37.92-94.80 | | 总市值（百万） | 11,807.05 | | 流通市值（百万） | 10,457.21 | | 总股本（万股） | 19,333.63 | | 流通股本（万股） | 17,123.32 | | 日均成交额（百万） | 869.09 | | 近一月换手（%） | 4.33 | 相关报告 研究所： 证券分析师： 刘熹 S0350523040001 liux10@ghzq.com.cn [Table_Title] 收入同比增速连 ...

Investment Rating - The investment rating for the company is "Buy" (maintained) [1] Core Views - The company has increased its investment in AI, leading to a significant rise in revenue from AI-native applications, with an expected income of approximately 67 million yuan in 2024, representing over 100% year-on-year growth [8] - Despite short-term pressure on profits due to increased R&D and sales expenses, the company is expected to see revenue growth driven by product capability enhancements and successful marketing efforts [8] - The company aims to optimize its product offerings and user experience, which is anticipated to lead to continued revenue growth in the coming quarters [8] Financial Summary - Total revenue for 2023 is projected at 1,481 million yuan, with a year-on-year growth of 25.49%, while 2024 revenue is expected to decline slightly to 1,440 million yuan, a decrease of 2.78% [1] - The net profit attributable to the parent company is forecasted to be 86.21 million yuan in 2023, but is expected to turn negative in 2024 at -163.46 million yuan, reflecting a significant year-on-year decline of 289.61% [1] - The earnings per share (EPS) for 2025 is estimated at 0.31 yuan, with projections for 2026 and 2027 at 0.56 yuan and 0.84 yuan respectively [1]

Financial Performance - In 2024, the company achieved a revenue of CNY 1.44 billion, with AI native application revenue approximately CNY 67 million, marking a year-on-year growth of over 100% [3][11] - In Q1 2025, the company reported a revenue of CNY 380 million, representing a year-on-year increase of 6.06% [3][10] Research and Development - In 2024, the company invested CNY 442 million in R&D, with a R&D expense ratio of 30.73%, highlighting its commitment to innovation [4] - The company developed a multimedia model "Tianmu" covering video, audio, image, and language models, and enhanced its AI capabilities across various products [4] Product Innovation - The video creative product Filmora upgraded to version 14, introducing over ten innovative features, resulting in a 68% increase in Trustpilot ratings [5] - The mobile version of Filmora saw a 90% increase in monthly active users in 2024, with a significant rise in revenue share [5][14] - AI marketing short video tool Virbo's revenue grew approximately 200% year-on-year, while the AI image product SelfyzAI's revenue increased about 400% [6] Team Development - By the end of 2024, the company employed 1,704 people, an increase of 8.26% year-on-year, with R&D personnel accounting for approximately 54% [7] - The company promotes a "big platform, medium product, small team" management strategy to foster innovation and entrepreneurship among employees [7] Ecosystem Collaboration - The company actively participates in AI hardware and software ecosystem collaborations, achieving a 34% year-on-year growth in government and enterprise revenue in 2024 [8] - The company received the "Outstanding Contribution Member Unit" award from the Xinchuang Working Committee in 2024, enhancing its brand recognition [8] Future Outlook - The company is optimistic about the development of multimodal AI applications and aims to integrate AI capabilities deeply into traditional workflows [9] - The company plans to continue expanding its user base and enhancing the perceived value of AI through real experiences [9][12] Marketing and Commercialization - The company increased marketing expenses significantly in 2024 to enhance brand awareness and product visibility, with a 9% decrease in sales expenses in Q1 2025 compared to Q4 2024 [10] - AI native application revenue is expected to continue growing, with the company focusing on enhancing user experience and commercializing AI features [11][12] External Model Integration - The company maintains an open attitude towards external large models while focusing on self-developed algorithms for vertical user scenarios [17][18] - The integration of external models is expected to accelerate the iteration and commercialization of AI functions [18]

Core Viewpoint - Wankey Technology is leveraging the synergy between Shenzhen and Changsha to create a dual operational model that enhances its global software development capabilities and talent ecosystem [2][3][10]. Group 1: Company Overview - Founded in 2003 by Wu Taibing in Shenzhen, Wankey Technology has evolved from a small office to a global team of nearly 2,000 employees, with operations in seven major cities worldwide [2][3]. - The company specializes in creative design software, offering products such as Wondershare Filmora, Wondershare SelfyzAI, and others, catering to a global user base [2][3]. Group 2: Strategic Development - After going public in 2018, Wankey Technology responded to the "Xiang Business Return" initiative by establishing its global operations headquarters and creative software R&D center in Changsha in 2022 [3][6]. - The company aims to build a digital creative industry cluster by collaborating with partners across the industry chain, research institutions, and universities [3][6]. Group 3: Talent Acquisition and Management - Wankey Technology has adopted a strategy to attract high-end talent by offering competitive salaries comparable to first-tier cities while providing a lower cost of living in Changsha [7][9]. - The company employs a diverse workforce, with over 20% being foreign or returnee talents, and emphasizes the recruitment of high-potential graduates from computer and software-related fields [6][9]. Group 4: Innovation and Collaboration - The integration of teams from Shenzhen and Changsha facilitates real-time collaboration, enhancing the company's ability to innovate and serve global users effectively [3][10]. - Wankey Technology's approach exemplifies a successful model of regional economic collaboration, merging the rapid development pace of Shenzhen with the cultural depth of Hunan [10].

Core Insights - DeepSeek has emerged as a significant player in the AI market, prompting various companies to integrate its technology to enhance their products and services [1][5][7] - The AI industry is witnessing a shift towards diversification and specialization, with DeepSeek's innovative model injecting new momentum into the sector [1][5] - Wanjun Technology is among the first companies to adopt DeepSeek's model, enhancing its product offerings and achieving significant upgrades in its AIGC technology [1][5][7] Company Strategy - Wanjun Technology has a long-standing commitment to the overseas market, having established a presence in North America, Europe, and Japan, and is now expanding into emerging markets like the Middle East and Southeast Asia [2][10][13] - The company reported a revenue of 1.44 billion yuan for 2024, with a first-quarter revenue of 380 million yuan in 2025, reflecting a year-on-year growth of 6.06% [2][16] - The company has been focusing on AI technology to enhance its product intelligence, launching the multimedia model "Tianmu" and integrating various external models to strengthen its competitive edge [8][12] Market Position and Performance - Wanjun Technology's core business in video creativity generated 961 million yuan, accounting for 67.06% of software revenue, with a total paid user growth exceeding 20% [17] - The company has seen significant growth in its drawing creativity business, with a total renewal sales increase of over 50%, and a 40% increase in revenue from its cloud document product HiPDF [17] - AI commercialization is progressing, with over 500 million calls to AI servers and AI-native application revenue reaching approximately 67 million yuan, a year-on-year increase of over 100% [17][18] Industry Trends - The AI landscape is rapidly evolving, with companies needing to adapt quickly to technological changes and market demands to maintain competitiveness [5][7] - The AI ecosystem in China is developing across three levels: infrastructure, model, and application, with DeepSeek's success contributing to the synergy among these layers [7][18] - Analysts are optimistic about Wanjun Technology's growth potential, citing its commitment to AIGC technology and product innovation as key drivers for future performance [18]