Group 1: Company Products and Technologies - The "Ship Vision Treasure" product is a digital platform based on intelligent recognition technology for the entire lifecycle of ship navigation, utilizing cloud computing, IoT, and big data algorithms [2][3] - The Hi-Dolphin model is the first large model in the domestic shipping industry, providing services through API and Widget integration, enhancing product intelligence and customer experience [5] - The company is increasing its marketing efforts to expand the influence of its digital products, including Ship Vision Treasure and Hi-Dolphin [3] Group 2: Blockchain and Research - The company holds a 7% stake in Shanghai Pujiang Shuchain Digital Technology Co., but currently has no direct cooperative projects with them [4] - The company is actively researching the application of blockchain technology in transportation and shipping information [4][9] Group 3: Financial Outlook and Business Strategy - The company aims to leverage its competitive advantages in technology, product quality, and brand reputation to enhance its digital shipping and supply chain business [6][7] - The digital shipping and supply chain business is expected to maintain a growth trend, while the digital transportation and security business will accelerate its transformation under pressure [7] Group 4: Research and Development - The company has consistently increased its R&D investment, achieving positive results in major scientific projects and intellectual property [8] - Future R&D efforts will focus on core product development, common underlying technology, and business model innovation [8] Group 5: Corporate Support and Plans - China COSCO Shipping Group supports the company as a technology-oriented listed company and provides abundant business opportunities and application scenarios [9] - The company currently has no plans for mergers or acquisitions but will continue to evaluate quality targets in its supply chain [10] - There are no current plans for a new stock incentive program, following the completion of the 2019 restricted stock incentive plan [11]

Group 1: Business Transformation and Digitalization - The company aims to strengthen its digital shipping and supply chain business, leveraging the rich application scenarios of the COSCO Shipping Group to build core competitiveness and expand its market presence [3][8]. - The "Ship Vision" platform is a key product for digital transformation in shipping, with user numbers showing good growth. The company plans to enhance product capabilities and expand its influence [2][5]. - The company is focusing on developing smart shipping, including smart ships, smart ports, and smart shipping services, to capture market opportunities [3][8]. Group 2: Financial Performance and Investment Strategy - In 2024, the company reported a net profit of 128 million yuan, while the first quarter of 2025 saw a net profit of 4.5037 million yuan [7][10]. - The long-term equity investment income for 2024 was 21,181,237.64 yuan, with a focus on high-quality targets along the industry chain to enhance market competitiveness [4]. - The company plans to increase capital expenditure in areas such as information technology, technological transformation, and equity investments, with a significant focus on research and development [6]. Group 3: Market Challenges and Strategic Responses - The digital city and transportation business segment experienced significant performance decline in early 2025, attributed to reduced market opportunities and intensified competition [11]. - To address these challenges, the company is transitioning from traditional projects to a focus on digital and intelligent solutions, enhancing product marketing efforts [11][12]. - The company is also increasing research and development in areas like digital twins and video platforms to improve competitiveness in the digital city and transportation sector [11][12]. Group 4: Future Growth and Development Plans - The company aims to enhance its digital empowerment products and data services, focusing on high-quality business segments to improve gross profit levels [13][14]. - Plans include establishing a large customer management center to strengthen relationships with major clients and further clarify core business areas [13][14]. - The company is committed to continuous innovation and product development, particularly in the digital shipping sector, to ensure sustainable growth and profitability [13][14].

Group 1 - The company plans to focus its 2024 capital expenditures on areas such as information technology construction, technological transformation, and equity investments, with a significant emphasis on digital and physical integration businesses [1] - The company aims to enhance its core products and underlying common technology research and development, as well as innovate business models, particularly in the smart shipping industry [1] - The company expects to exceed 100 invention patents in 2024, which will positively impact its sustainable and high-quality development [1] Group 2 - The core challenge for the company's "Ship Vision" business is reaching customers and deeply integrating with their scenarios [1] - The company has accumulated over 120,000 private domain users through new media promotion for the "Ship Vision" platform, indicating a positive growth trend in user and contract expansion [1] - The company is developing customized products for key customer groups, such as "Banking Treasure" and "Insurance Treasure," to further segment the "Ship Vision" market [1][2]

Core Viewpoint - The company aims to maintain strategic focus in 2025, actively engaging with the service market and tracking the shipping logistics industry's demands while leveraging its competitive advantages in technology, product quality, and brand reputation to provide valuable digital empowerment products and data services [1][2]. Group 1: Strategic Initiatives - The company plans to enhance marketing efforts for productized and platform-based services, such as its core products and platforms including Ship Vision, Navigation Security, and iShipping, to increase the proportion of high-quality business and improve gross profit levels [2]. - Establishing a major client management center to strengthen operations with both internal and external large clients is a key initiative [2]. - The company will focus on its core business, aiming to strengthen its digital shipping and supply chain services, leveraging the rich application scenarios of the China COSCO Shipping Group to build core competitiveness and expand its business [2]. Group 2: Industry Focus and Development - The company is accelerating the development of digital shipping products for external markets and advancing the smart shipping industry, which includes smart vessels, smart ports, smart shipping services, smart operations, and smart regulation [2]. - There is a commitment to optimizing and upgrading the structure of digital city and transportation businesses, with a strong emphasis on the digital transformation of transportation infrastructure, artificial intelligence, and data application platforms and products [2]. - The company will increase research and development efforts on products that address client concerns such as inspection, overload control, cost reduction, maintenance, and energy conservation, aiming to enhance overall revenue and profit levels [2].