Core Insights - Company achieved a revenue of 320.69 million yuan, representing a year-on-year growth of 43.15%, and a net profit attributable to shareholders of 45.97 million yuan, up 32.48% year-on-year [1] - The company proposed a mid-term dividend plan, distributing 2.30 yuan per 10 shares (including tax), reflecting a commitment to return value to investors [1] Business Performance - The company's core business in renewable energy power forecasting generated revenue of 205 million yuan, a 55.14% increase year-on-year, accounting for 63.96% of total revenue [2] - The number of serviced power stations increased by 1,116, totaling 5,461, with a year-on-year growth rate of 26%, maintaining industry-leading market share [2] - The company maintained the top position in accuracy ratings for 24 consecutive months in a program organized by the Southern Power Grid [2] Technological Innovation - R&D investment reached 52.57 million yuan, representing 16.39% of revenue, with an average R&D investment ratio of 18.55% over the past three years [2] - The company developed the "Kuangming" renewable energy model 2.0, improving wind and solar power forecasting accuracy by 1-1.5% in certain regions [2] - The company holds 108 invention patents and 131 software copyrights, showcasing significant technological innovation [2] Emerging Business Development - The company introduced an AI-driven electricity trading decision support platform, currently operational in several provinces, enhancing automated pricing strategies [3] - The energy storage and virtual power plant business is expanding, with a smart energy management system compatible with gigawatt-level storage stations [3] - The company is actively investing in the industry chain, holding stakes in companies to enhance business synergy and improve the renewable energy information industry layout [3] Market Expansion - The microgrid business is advancing in both domestic and international markets, with successful projects enhancing photovoltaic consumption [4] - The company presented at the National Energy Internet Conference, emphasizing the integration of AI, renewable energy, and digital economy for industry transformation [4] - Through stable growth in core businesses and rapid breakthroughs in emerging sectors, the company is building a comprehensive renewable energy service system for sustainable development [4]

Group 1: Market Outlook and Growth - The company anticipates a robust market for centralized power forecasting, with a projected addition of approximately 200 GW of new wind and solar installations in 2025, maintaining a favorable operational environment for the industry [2][8] - In the first four months of 2025, solar power installations reached 104.93 GW, a year-on-year increase of 74.6%, while April alone saw a record addition of 45.22 GW, up 214.7% from the previous year [2][8] - Wind power installations totaled 19.96 GW in the same period, reflecting an 18.53% year-on-year growth [2] Group 2: Distributed Power Forecasting Policies and Market Demand - The growth of distributed solar power has significantly impacted grid dynamics, leading to the implementation of the "Four Available" management requirements by the National Energy Administration [4] - Since January 2025, the company has seen a rapid increase in clients for its power forecasting services in the distributed solar sector, driven by new regulatory requirements [4] Group 3: Competitive Landscape in Distributed Power Forecasting - The distributed power forecasting market is characterized by a large number of small-scale projects with lower unit prices, contrasting with the centralized market [5] - Major comprehensive group companies show limited interest in the distributed power forecasting market, leaving opportunities for smaller firms to expand their market share [5] Group 4: Integration of AI Technology in Power Trading - The company integrates AI technology into energy management, utilizing its proprietary "Kongming" AI meteorological forecasting model for precise predictions [6][7] - The AI-driven power trading decision support platform enhances trading strategies by analyzing power forecasts, market prices, and user preferences, facilitating a shift from broad management to refined operations [6][7] Group 5: Business Progress in 2025 - The company reports that its business developments in the first half of 2025 align with operational expectations, supported by a favorable market environment for the renewable energy sector [8] - Financial data will be disclosed in subsequent reports as per regulatory requirements [8] Group 6: A-Share Issuance Progress - The company has received approval from the China Securities Regulatory Commission for its A-share issuance to specific investors, and is actively advancing this process [9]