证券之星消息，2025年5月22日新开普（300248）发布公告称公司于2025年5月21日接受机构调研，华创证 券、汇安基金、中信建投证券、敦和资管、上海利幄私募、富安达基金、北京沣沛投资、中信保诚基金、 明世伙伴基金、泉果基金、名禹资产、海南悦溪私募、五矿证券、博时基金、西部证券、东吴基金、上海 赋格投资、天弘基金、广发基金、中航基金、长城财富保险资管、工银理财、泰信基金、陆家嘴国际信托 参与。 答：公司与阿里的合作涵盖资本、技术及资源生态多维度，蚂蚁集团全资子公司上海云鑫创业投资有限公 司是公司第二大股东。技术层面，公司依托阿里云算力资源开展模型训练，推出轻量化云算力及 I一体机 方案，并借助通义千问大模型为"云上小美同学"提供智能问、办事等交互服务，支持按 Token 付费调用； 同时深度合作带来高阶技术支持及云资源成本优化，实现降本增效与技术能力升级的双重突破。 新开普（300248）主营业务：提供智慧校园综合解决方案、码卡脸一校通综合解决方案、数据中台+业务 中台、双端、教务管理系统、就业管理系统、智慧政企综合门户、移动互联网服务等各类应用系统及多场 景物联网智能终端自主设计、制造的智慧校园、智慧 ...

Core Viewpoint - Transsion Holdings, known as the "King of Mobile Phones in Africa," is facing a significant decline in profitability, with a more than 60% year-on-year drop in net profit for Q1 2025, attributed to intensified competition and rising supply chain costs [1][2]. Group 1: Q1 Financial Performance - In Q1 2025, Transsion Holdings reported revenue of 13.004 billion yuan, a decrease of 25.45% year-on-year, and a net profit of 490 million yuan, down 69.87% year-on-year [2]. - The company's gross profit margin fell to 19.27%, a decline of 2.88 percentage points compared to the previous year [2]. - Cash flow from operating activities was negative 740 million yuan, a drastic decline of 583.95% year-on-year, primarily due to a decrease in cash received from sales [2]. Group 2: Global Market Position - Transsion Holdings has dropped out of the top five smartphone manufacturers globally, with its Q1 2025 shipment volume categorized under "Others" [3]. - In Q1 2024, the company shipped 28.5 million units, accounting for 9.5% of the global market, ranking fourth [3]. Group 3: Market Challenges in Africa - The African market, once a stronghold for Transsion, is increasingly competitive, with brands like Xiaomi and Realme gaining market share [5]. - In Q4 2024, Transsion held a 49% market share in Africa, but its growth was only 1% year-on-year, while Xiaomi and Realme reported significant increases in their shipments [5][6]. - Transsion's revenue in Africa for 2024 was 22.719 billion yuan, a growth of 2.97%, which is a slowdown compared to 6.74% in 2023 [6]. Group 4: Expansion Challenges in Emerging Markets - In India, Transsion's market share is only 5.7%, ranking eighth, facing strong competition from established brands [7]. - The company is experiencing greater competitive pressure in Southeast Asia, where it has yet to establish a strong brand presence [7]. - Revenue from Asia and other regions in 2024 was 44.737 billion yuan, a year-on-year increase of 13.96%, but the gross margin decreased by 2.52 percentage points to 17.66% [7]. Group 5: Ineffectiveness of Diversification Strategy - Transsion is attempting to diversify its business model by integrating mobile internet services, home appliances, and digital accessories, but the results have been underwhelming [8]. - The company has launched various applications and partnered with mobile payment services, yet it struggles to compete with rivals that have established comprehensive ecosystems [8]. - Revenue from non-mobile businesses, including home appliances and digital accessories, was only 4.259 billion yuan in 2024, accounting for less than 10% of total revenue [9].