Core Viewpoint - The company, Newcapec (300248), is positioned as a leading provider of smart campus solutions in China, focusing on AI applications tailored for educational institutions, which differentiates it from larger internet companies and competitors in the vertical field [2][3]. Group 1: AI Application and Competitive Advantage - The company has a unique advantage in AI applications for smart campuses, emphasizing customized solutions that cater to specific needs of educational institutions, unlike general solutions from larger tech firms [2]. - Key features of the company's AI applications include strong alignment with campus management pain points, robust data closed-loop capabilities, lightweight deployment options, and hardware-software integration that enhances cost efficiency [2]. Group 2: Market Opportunities for AI Products - The market opportunities for the company's AI products are driven by educational digitalization policies, the need for improved campus management efficiency, and the ongoing penetration of AI technology in educational settings [3]. - The company is actively pursuing AI project opportunities and has already provided AI tools and services to several universities, enhancing their operational capabilities through intelligent service agents [3]. Group 3: Growth Potential of Traditional Business - The company has identified growth potential in its traditional business areas, particularly in financial, logistics, and security departments within campuses, responding to increasing information technology demands [4]. - The integration of AI technology is accelerating product upgrades and enhancing management and teaching efficiency, supported by a solid customer base in prestigious universities [4]. Group 4: Collaboration with Alibaba - The company collaborates with Alibaba across multiple dimensions, including capital, technology, and resource ecosystems, leveraging Alibaba Cloud's computing resources for model training and cost optimization [5]. - This partnership enables the company to offer innovative AI solutions and improve operational efficiency through advanced technical support [5]. Group 5: Financial Performance - In the first quarter of 2025, the company reported a main revenue of 138 million yuan, a year-on-year decrease of 16.13%, and a net profit attributable to shareholders of -34.37 million yuan, down 51.4% [6]. - The company's gross margin stands at 53.32%, with a debt ratio of 15.76%, indicating a need for strategic adjustments to improve financial health [6].