Financial Performance - In 2025, the company achieved a revenue of CNY 6.068 billion, a year-on-year decrease of 2.17% [2] - Net profit attributable to shareholders reached CNY 405 million, a significant increase of 61.77% year-on-year [2] - Total expenses decreased by 5.63% compared to 2024, amounting to a reduction of CNY 273 million [3] Business Segments Digital Cost Business - Revenue was CNY 4.779 billion, down 4.16% year-on-year, with new cloud contracts totaling CNY 3.38 billion, a decline of 1.3% [3] - The segment is adapting to industry changes, focusing on high-quality bidding and cost control [3] Digital Construction Business - Revenue increased to CNY 846 million, a growth of 7.58% year-on-year, with gross margin rising from 35.87% to 58.33% [3] - The growth is attributed to better resource allocation and a focus on core markets and clients [3] Digital Design Business - Revenue was CNY 71.17 million, a decline of 21.04% year-on-year, with a focus on improving product value and establishing benchmarks [4] Overseas Business - Revenue reached CNY 240 million, a growth of 18.18% year-on-year, with a focus on expanding in Asia and Europe [4] Strategic Outlook - The company aims to solidify its existing business while expanding into new areas, targeting revenue and profit growth in 2026 [6] - Key strategies include enhancing cost management, refining construction processes, and integrating AI into operations [6] AI Integration - The company is focusing on integrating AI into its products, with a goal of enhancing efficiency and creating new revenue streams [10] - AI applications are being developed across various business segments, aiming for significant value upgrades in the next 2-3 years [10] Market Trends - The construction industry is shifting from expansion to quality improvement, with a growing emphasis on urban renewal and infrastructure [5] - The introduction of new pricing policies is expected to drive demand for the company's products, particularly in the digital cost segment [8] Financial Metrics - Operating costs decreased by 11.84%, while management expenses fell by 12.96% due to improved efficiency [7] - Cash flow from operating activities saw a decrease, primarily due to reduced loan recoveries [7] Future Business Models - The company is exploring new business models, including WAAS and RAAS, to adapt to changing market demands [13] - The focus will be on leveraging AI capabilities to enhance service delivery and meet diverse customer needs [15]

Core Viewpoint - The company is accelerating the construction of a national integrated quantum security infrastructure and has launched over 40 quantum+ product scenario solutions in various sectors, including government, law enforcement, education, and industry [1] Group 1: Quantum Security Infrastructure - The company is focusing on building a national integrated quantum security infrastructure [1] - Over 40 quantum+ product scenario solutions have been introduced across multiple sectors [1] Group 2: Financial Performance - The company's security products have experienced rapid growth, with cloud revenue increasing by 52.7% year-on-year [1] - Revenue from cloud services has doubled compared to the previous year [1] - The quantum business revenue has seen a year-on-year increase of 171% [1]