五新隧装 第一节 重要提示 公司董事、监事、高级管理人员保证本报告所载资料不存在虚假记载、误导性陈述或者重大遗漏，并对 其内容的真实性、准确性和完整性承担个别及连带责任。 公司负责人杨贞柿、主管会计工作负责人杨娟及会计机构负责人（会计主管人员）杨娟保证季度报 告中财务报告的真实、准确、完整。 本季度报告未经会计师事务所审计。 本季度报告涉及未来计划等前瞻性陈述，不构成公司对投资者的实质承诺，投资者及相关人士均应 对此保持足够的风险认识，并且应当理解计划、预测与承诺之间的差异。 事项 是或否 是否存在公司董事、监事、高级管理人员对季度报告内容存在异议或无法保证其真实、 □是 √否 准确、完整 是否存在未出席董事会审议季度报告的董事 □是 √否 是否存在未按要求披露的事项 □是 √否 证券代码 : 835174 湖南五新隧道智能装备股份有限公司 目 录 是否审计 □是 √否 是否被出具非标准审计意见 □是 √否 第二节 公司基本情况 一、 主要财务数据 单位：元 报告期末 上年期末 报告期末比上年 （2025 年 3 月 31 日） （2024 年 12 月 31 日） 期末增减比例% 资产总计 1,084,52 ...

Core Insights - The company reported a revenue of 1.356 billion yuan for the fiscal year 2024, representing a year-on-year growth of 6.8% [2] - Adjusted net profit reached 80.169 million yuan, showing a significant increase of 427% year-on-year [2] - Adjusted EBITDA was 676 million yuan, reflecting a growth of 19.4% compared to the previous year [2] Business Model and Services - The company provides a subscription-based, one-stop IT equipment management service for enterprises, addressing issues related to high upfront costs and maintenance complexities [2] - The service model includes features such as "one device to start, return anytime, no deposit, monthly payment, pay after use, and full warranty" [2] Customer Metrics - As of the end of the reporting period, the number of active enterprise customers reached 51,000, a year-on-year increase of 9.1% [2] - The number of serviced devices grew from 1.204 million in 2023 to 1.374 million in 2024, marking a 14.1% increase [2] - The number of "core customers" increased by 15.8% year-on-year [2] Product Development and Innovation - In 2024, the company launched AI PCs from brands like HP, Lenovo, and Apple, expanding its IT product offerings [2] - The company has developed its own business-specific all-in-one machines, monitors, and hosts to provide cost-effective services for enterprise clients [2] After-Sales Service - The company offers a longer warranty period and faster service response times compared to direct purchases, which is crucial for small and medium-sized enterprises lacking IT support [3] - The self-developed engineer scheduling system "Xuanji" allows real-time dispatch of over 6,000 engineers, enabling on-site service within 2 to 4 hours [3] - The core customer retention rate for 2024 is nearly 90% [3] Manufacturing Capabilities - The company independently developed DefectGPT, an industrial-grade model for remanufacturing applications, which supports its leading position in the industry [3] - The annual remanufacturing capacity for 2024 is reported to be 856,000 units [3]