Financial Performance - In 2024, the company's total revenue was 777 million CNY, a year-on-year decrease of 0.59% [2] - The net profit attributable to shareholders was -94.15 million CNY, primarily due to goodwill impairment of 98.68 million CNY for subsidiaries [2] - R&D expenditure reached 334 million CNY, accounting for 43% of total revenue, with an increase of 8.16% year-on-year [2] AI Product Revenue - Revenue from AI software products and services was 258 million CNY, a year-on-year increase of 8.99% [3] - Revenue from large model applications was 126 million CNY, growing by 13.87% [3] - Data services generated 85.14 million CNY, also up by 13.87% [3] - Open-source intelligence data revenue reached 24.89 million CNY, a significant increase of 111.89% [3] - Overseas revenue amounted to 9.24 million CNY, reflecting a growth of 55.04% [3] Strategic Developments - The company has delivered over 40 benchmark projects in various sectors, including government, media, finance, and public security [4] - In 2024, the company won 31 contracts for domestic innovation projects, totaling 132 million CNY [5] - The 2025 strategy focuses on "data" and "intelligence," targeting sectors like fintech, digital government, and public safety [6] Core Competencies - The company boasts a robust AI capability, with a comprehensive data processing engine and a collaborative algorithm matrix [7] - It has built a data resource system exceeding 500 billion entries, supporting AI model iterations and industry digital upgrades [7] - The company has a high client coverage rate, with 100% in state-owned banks and 80% in central ministries [8] International Expansion - The overseas business is progressing steadily, with 2024 overseas revenue reaching 9.24 million CNY, up 55.04% [8] - The company is focusing on markets in Southeast Asia, the Middle East, and other Belt and Road countries, providing open-source intelligence and risk assessment services [8]