8月26日晚，浪潮信息（000977）披露2025年半年报。上半年，公司实现营业收入801.92亿元，同比增 长90.05%；归母净利润7.99亿元，同比增长34.87%；扣非净利润6.72亿元，同比增长61.1%。 2025年，浪潮信息持续聚焦云计算、大数据、人工智能为代表的智慧计算，在研发、生产、交付、服务 模式等方面持续创新，各项业务保持快速增长势头。 分产品来看，报告期内，浪潮信息在服务器产品实现营业收入752.86亿元，同比增长99.5%；存储类、 交付类等产品，实现营业收入48.37亿元，同比增长11.52%；其他类产品实现营业收入6961.18万元，同 比减少42.45%。 据悉，浪潮信息是全球领先的IT基础设施产品、方案和服务提供商。近年来，公司不断完善和强化智算 产品技术布局，全面推进算力、算法、数据和互连技术的创新，加速"人工智能+"的落地。 算力方面，发展新一代以系统为核心的计算架构，打造开放、多元、绿色、智能的元脑智算产品和方 案，为人工智能的创新和应用，提供强大算力平台。 根据Gartner、IDC发布的最新数据，浪潮信息服务器、存储产品市场占有率持续保持全球前列：2025年 第一季 ...

Group 1: Brand Positioning and Mission - The company positions "UGREEN" as its core brand, aiming to become a globally influential brand in the tech consumer electronics sector [1] - The mission focuses on creating value for users, enhancing employee happiness, and contributing to social development [1] - The vision is to build a valuable and warm global brand through continuous optimization and effective organizational structure [1] Group 2: Revenue Growth by Product Category - In 2024, the charging category achieved a revenue growth of 50.87% year-on-year [2] - Other categories showed the following growth rates: transmission at 21.30%, audio-video at 11.64%, storage at 19.29%, and mobile peripherals at 16.21% [2] - In Q1 2025, both charging and storage categories continued to show strong growth [2] Group 3: Product Features and System - The NAS products utilize the self-developed ugos pro operating system, which is consistent for both domestic and international versions [2] - The system includes an application center for users to download applications tailored to their needs, with localized differences for various countries [2] - The ugos pro system is designed to provide a user-friendly experience, aligning with personal and family user habits, and offers fast and smooth data transmission [2] Group 4: Disclosure of Major Information - The investor communication activity did not involve the disclosure of any major information [2]

Financial Performance - In 2024, the company achieved a revenue of CNY 6.17 billion, a year-on-year increase of 28.46% [1] - The net profit attributable to shareholders was CNY 462 million, up 19.29% year-on-year [1] - R&D investment reached CNY 304 million, a growth of 40.87% compared to the previous year [1] - The revenue growth rate exceeded the net profit growth rate primarily due to an additional CNY 21.34 million in share-based payment expenses [1] Revenue Breakdown - Charging products saw a revenue increase of 50.87% [2] - Transmission products grew by 21.30%, audio-video products by 11.64%, storage products by 19.29%, and mobile peripherals by 16.21% [2] - Domestic revenue accounted for 42.53% of total revenue, growing by 10.11%, while overseas revenue made up 57.47%, increasing by 46.46% [2] Geographic Performance - The Asia (excluding mainland China) region contributed 20.68% of total revenue, with a growth of 50.07% [2] - Europe contributed 19.16% of revenue, up 45.80%, and the Americas contributed 15.7%, growing by 39.92% [2] - Other regions contributed 1.93% of revenue, with a significant increase of 75.93% [2] Sales Channels - Online sales represented approximately 75% of total revenue, primarily through platforms like Amazon, JD.com, and Tmall [2] - Offline sales accounted for about 25% of total revenue [2] Q1 2025 Performance - In Q1 2025, the company reported revenue of CNY 1.82 billion, a year-on-year increase of 41.99% [2] - The net profit attributable to shareholders for Q1 2025 was CNY 150 million, up 47.18% year-on-year [2] Inventory and Supply Chain - Inventory increased due to rapid growth in NAS and mobile power businesses, necessitating early procurement payments [4] - The company is expanding its product offerings in the new energy sector, including car-mounted charging pumps and lithium iron phosphate batteries [4] Market Strategy - The company is focusing on enhancing its market penetration in emerging markets, particularly in Asia (non-mainland) and Europe [6] - Despite rising shipping costs, the impact on business and profitability has been minimal, as shipping costs account for about 2% of the main business costs [6] Profitability - In 2024, the gross margin for domestic business was 28.30%, while for overseas business it was 44.11% [8] - The company is actively working on product innovation and cost optimization to maintain competitiveness in overseas markets [8] Talent Management - The company employs a dual strategy of internal development and external recruitment to attract and retain talent [9] - A competitive compensation system is in place to incentivize and retain skilled employees [9]