Core Insights - The restructuring of New Unisplendour Group from 2022 to 2025 coincides with a global surge in intelligence and the acceleration of digital China, positioning Xinhua San Group as a leader in digital and AI solutions [1][2] - The strategic transformation of New Unisplendour Group is characterized by a comprehensive internal and external renewal, enhancing its role in driving technological innovation and industrial upgrades across the sector [2][4] Group 1: Strategic Transformation - New Unisplendour Group's strategic restructuring aligns perfectly with the explosive growth of China's AI industry, providing a platform for Xinhua San to seize opportunities in the evolving market [2][3] - In 2024, Xinhua San achieved significant recognition, winning national science and technology awards, highlighting its advancements in AI technology [2][3] Group 2: Technological Advancements - Xinhua San has deepened its "AI in ALL" strategy, launching new generation products that enhance its competitive edge in the intelligent computing infrastructure sector [3][4] - The introduction of the DDC architecture and the S12500AI series core switches has improved bandwidth utilization by 107%, supporting high-performance AI computing [3] Group 3: Ecosystem Collaboration - The strategic positioning of Xinhua San as a core entity within New Unisplendour Group has led to enhanced resource acquisition and technological investment [4][5] - Xinhua San's collaboration with other subsidiaries has fostered a thriving industrial ecosystem, leveraging AI capabilities to create smarter products and solutions [4][6] Group 4: Innovative Models - The "Turing Town" model has been successfully implemented in multiple cities, creating a comprehensive platform for computing power services that meets diverse industry needs [5][6] - This model has been recognized as a typical application case by the Ministry of Industry and Information Technology, showcasing its effectiveness in advancing computing capabilities [6] Group 5: Global Impact - Xinhua San's initiatives are contributing to a broader intelligent revolution in China, with significant participation from high-tech enterprises and AI companies [7][8] - The company's global outreach includes partnerships with over 2,900 overseas collaborators, delivering Chinese technological solutions to 181 countries [7][8]

Core Viewpoint - Unisplendour Corporation (新华三) has demonstrated strong financial performance and strategic growth in the AI sector, with significant revenue increases and innovative product offerings in 2024 and Q1 2025 [1][2][8]. Financial Performance - In 2024, Unisplendour achieved operating revenue of 79.024 billion yuan, a year-on-year increase of 2.22% [1]. - For Q1 2025, the company reported operating revenue of 20.790 billion yuan, reflecting a substantial year-on-year growth of 22.25% [1]. - The subsidiary, Unisplendour, generated operating revenue of 55.074 billion yuan in 2024, up 6.04% year-on-year, and 15.295 billion yuan in Q1 2025, marking a 26.07% increase [2]. Business Segments - Domestic enterprise business revenue reached 44.239 billion yuan, growing by 10.96% year-on-year, providing comprehensive digital solutions for government and enterprise clients [2]. - Overseas business revenue was 2.916 billion yuan, with a remarkable growth of 32.44%, and H3C's overseas self-channel business revenue surged by 69.35% to 959 million yuan [2]. Technological Innovation - Unisplendour launched new products including the S12500AI series core switch and UniStor Polaris series storage, enhancing bandwidth utilization by 107% and supporting large-scale computing clusters [2][4]. - The company achieved a 102% improvement in training performance with the deployment of 64-card high-speed interconnected super nodes [3]. - Innovations in cooling technology and the introduction of the M9000-X firewall have significantly improved performance and operational stability [4][5]. AI Application and Ecosystem Development - Unisplendour is focused on bridging the "last mile" for AI implementation across various industries, launching the LinSeer Cube for deep integration of AI in sectors like government, transportation, and healthcare [6]. - The company is actively building AI computing centers in multiple regions, enhancing regional digital economic development and supporting the digital transformation of industries [7]. Strategic Global Expansion - Unisplendour has expanded its global presence by establishing five new subsidiaries in countries including South Korea and Poland, bringing the total to 22 branches worldwide [8]. - The company has maintained a leading position in the domestic market for enterprise WLAN and network equipment, with multiple years of top market share [8]. New Business Models - The Turing Town initiative has successfully established a comprehensive computing service platform, enhancing the commercialization of computing resources [9][10]. - The Turing Town model has been recognized as a typical application case for advanced computing empowerment by the Ministry of Industry and Information Technology [10].

Core Viewpoint - The company demonstrates strong revenue growth driven by its "AI in ALL" and "AI for ALL" strategies, with significant advancements in AI technology and market leadership in various sectors [2][3][4]. Financial Performance - In 2024, the company achieved a revenue of 79.024 billion yuan, a year-on-year increase of 2.22% - In Q1 2025, the revenue reached 20.790 billion yuan, showing a year-on-year growth of 22.25% - Subsidiary Xinhua San reported a revenue of 55.074 billion yuan in 2024, up 6.04% year-on-year, with Q1 2025 revenue at 15.295 billion yuan, reflecting a 26.07% increase [2]. Technological Advancements - The company continues to deepen its "AI in ALL" strategy, launching new products such as the S12500AI series and S9827 series, enhancing network performance and supporting high-performance AI computing [3]. - The introduction of the G7 series heterogeneous computing servers and the M9000-X firewall showcases the company's commitment to cutting-edge technology and security [3]. - The company has developed innovative cooling solutions to address high-power chip heat dissipation issues [3]. Market Position and Awards - Xinhua San has won two national science and technology progress awards, highlighting its technological leadership [4]. - The company maintains a strong market presence, leading in various segments such as enterprise WLAN and network routers for multiple consecutive years [4]. AI Application and Industry Integration - The company is focused on bridging the gap in AI application across various industries, launching the LinSeer Cube for end-to-end AI solutions [5]. - It has released several specialized AI models for sectors like healthcare and urban management, contributing to smart city initiatives [5]. Ecosystem Development - The company is actively building a computing power ecosystem, collaborating with partners to establish multiple computing centers across China [6]. - It has launched a new product line targeting small and medium-sized businesses, offering a diverse range of products to meet varied customer needs [6]. Global Expansion - The company is expanding its global footprint, with initiatives like the Turing Town project aimed at creating a comprehensive computing service platform [7]. - It aims to leverage its core technology and market experience to capitalize on AI opportunities and support digital transformation across industries [7].