Financial Performance - In 2024, the company achieved revenue of CNY 60,136.10 million, remaining stable compared to the previous year [8] - The net profit attributable to shareholders was CNY 1,830.30 million, a decrease of 51.22% year-on-year [11] - The overall gross margin for 2024 was 29.81%, down from 32.10% in 2023, reflecting a decline of 2.29 percentage points [11] Cash Flow and Accounts Receivable - The net cash flow from operating activities in 2024 was CNY 28,130.8 million, a year-on-year decrease of 34.72% [2] - Prepayments decreased by 31.98% year-on-year due to reduced payments as project progress advanced [2] - Accounts receivable increased by CNY 561.11 million, primarily due to some clients opting for bank acceptance bills for settlement [3] Research and Development - In 2024, the company invested CNY 56,008.1 million in R&D, accounting for 9.31% of total revenue [3] - The company launched Managed Security Services (MSS) to provide comprehensive security monitoring and management [3] Market and Industry Trends - The global shift towards AI-driven industrial revolution is expected to create new security application scenarios and demands [6] - By 2025, it is predicted that 60% of enterprises will adopt MSS to replace some internal security functions [3] Strategic Initiatives - The company is focusing on cost optimization and enhancing operational efficiency to counteract market challenges [12] - It aims to deepen collaboration with telecom operators and cloud service providers to expand its market presence [20] International Business - In 2024, overseas revenue reached CNY 34,082.3 million, representing a 15% increase year-on-year [14] - The company has established 76 global network nodes to support the international operations of Chinese enterprises [19] Customer Segmentation - The top five customer industries in 2024 included manufacturing (23.45%), information transmission, software and IT services, wholesale and retail, and finance [16] - The company is actively enhancing brand recognition and market presence through participation in industry reports and collaborations with telecom operators [12] Future Outlook - The company plans to continue investing in R&D and expanding its product offerings to meet evolving market demands [5] - It aims to leverage its strengths in cloud security and network integration to support enterprises in their digital transformation [24]

南凌科技始终关注AI大模型发展趋势，并于2024年接入智谱、通义千问等大模型，用于内部数据处 理、客服问答等场景。DeepSeek出现后，公司迅速接入DeepSeek大模型，基于公司多年累积的网络和 安全运营数据，对DeepSeek大模型进行本地化部署，完成安全防护大模型NovaGuard，赋能SASE服 务，提升公司云智网安一体化服务能力。 同时，南凌科技披露2024年年度权益分派预案，拟每10股转增4股派1元（含税），合计派发现金红利 1302.64万元，预计派发现金红利总额占2024年净利润比例达71.17%。 2024年，全球经济面对多重压力，全球企业亟需在风险与机遇的平衡中重构发展路径。尽管数字经济凭 借技术迭代与模式创新展现出显著韧性，但其持续增长仍受制于多种系统性挑战。在此背景下，南凌科 技通过实施精细化运营管理、优化战略资源配置、前瞻性布局新兴领域等多元化策略，在稳固基本盘的 同时探索新的增长曲线，为公司可持续发展注入新动能。 报告期内，南凌科技推出安全托管服务(MSS)，这是一种覆盖基础安全监控到全面安全运营的全生命周 期安全服务。通过一站式云化安全管理平台。自主研发的凌云SASE实现多个安 ...