Core Insights - In Q1 2025, the company achieved a total revenue of 215.29 million yuan, representing a year-on-year growth of 10.86%, driven by the synergy between core and emerging business sectors [2] Group 1: Business Performance - The electronic data forensics product line, as the company's cornerstone business, saw a revenue increase of 56.75% year-on-year, with a gross margin of 58.14%, further solidifying its leading position in the industry [3] - The digital government and enterprise digitalization sectors experienced significant growth, with an overall increase of 36.95%, and enterprise digitalization revenue skyrocketing by 275.40%, becoming a new growth engine for the company [3] - New order signing showed remarkable results, with a year-on-year increase of 64.62%, and public safety big data business orders quadrupling, while enterprise digitalization orders grew nearly tenfold, indicating strong market demand and customer recognition [3] Group 2: Technological Advancements - The company continues to invest in AI technology research and development, launching the "Meiya Jianzheng Mini Program" integrated into over 12 provincial and 90 municipal anti-fraud government platforms, highlighting its industry influence [4] - The upcoming release of the "Tianqing" public safety large model, based on the DeepSeek-R1 open-source version, enhances video analysis and real-time retrieval efficiency through its multi-modal capabilities [4] - The Qiko intelligent system has completed algorithm upgrades, improving recall accuracy by 10%-30%, and has added 37 new client deployments across more than 20 industries, aiding cost reduction and efficiency enhancement [4] Group 3: Product Development - In the electronic data forensics sector, the company is accelerating domestic substitution by launching multiple new products and establishing a nationwide unlocking service network, with nearly 10,000 users on the forensics cloud platform [5] - The public safety big data sector has released three major products, including the domestically produced high-performance processing device "Xuanwu" and the intelligent "Xiaomei" police assistant, winning several multi-million yuan projects [5] - The digital government and enterprise digitalization business has been fully upgraded, undertaking 27 systems for the Guotou Group and launching a full series of large model integrated machines, achieving breakthroughs in key projects [5] Group 4: Financial Health and Innovation - As of the end of Q1, the company's cash reserves reached 1.074 billion yuan, a year-on-year increase of 12.01%, providing a solid foundation for sustainable development [6] - The company has strengthened its technological moat, receiving 28 patent applications and 32 authorizations in Q1, along with 57 software copyrights, and has won provincial and municipal technology awards [6] - National-level projects have been successfully implemented, including typical cases of network security by the Ministry of Industry and Information Technology and major technology plans in Xiamen, further consolidating its technological leadership [6] Group 5: Future Outlook - The company plans to continue advancing AI and large model research and development, accelerating product iteration and industry penetration, leveraging its ample funds, technological advantages, and market leadership [7] - Emerging fields such as anti-fraud and network security now account for over 50% of market share, with plans to further expand B-end applications and establish national benchmark cases [7] - The company aims to become a comprehensive solution leader in public safety and digitalization, focusing on "AI + big data" to create long-term value for investors [8]