Core Viewpoint - 51WORLD is progressing towards its IPO on the Hong Kong Stock Exchange, showcasing strong revenue growth and a narrowing loss in its updated prospectus for 2024 [1][2] Financial Performance - Revenue increased from 169 million yuan in 2022 to 256 million yuan in 2023, and is projected to reach 287 million yuan in 2024, representing a year-on-year growth of 12.1% [1] - The compound annual growth rate (CAGR) of revenue from 2022 to 2024 is 30.0% [1] - Adjusted net losses decreased from 132 million yuan in 2022 to 68 million yuan in 2023, and are expected to further reduce to 45 million yuan in 2024, a year-on-year reduction of 32.8% [1] - Gross margins were 65.0% in 2022, 54.2% in 2023, and are projected to be 51.1% in 2024, with changes attributed to shifts in revenue structure [1] Research and Development - R&D expenses were 134 million yuan in 2022, 103 million yuan in 2023, and are expected to drop to 58 million yuan in 2024, indicating a transition from a technology-intensive phase to a more commercialized phase [2] Business Operations - As of the end of 2024, the company holds cash and cash equivalents totaling 275 million yuan [2] - 51WORLD has established three core business platforms: 51Aes Digital Twin Platform, 51Sim Synthetic Data and Simulation Platform, and 51Earth Digital Earth Platform, with applications in over 1,000 large and medium-sized enterprises across 19 countries [2] - The company is expanding into emerging fields such as embodied intelligence and digital tourism [2] New Applications and Innovations - The 51Sim platform has expanded its applications from autonomous driving to intelligent equipment and embodied intelligence, with partnerships established with two clients [3] - The See3° brand under 51Earth has made advancements in the smart tourism sector, utilizing VR and MR technologies to enhance visitor experiences and operational efficiency in scenic areas [3]

但是，在巨大的机遇背后，以往所有的 商业模式 、成本结构以及产品形态正面临着前所未有的挑战。诸多企业在困顿中失位，甚至有一些传统商业帝国摇 摇欲坠。 作为 51WORLD的创始人兼CEO，李熠对战略、产品、组织重新思考，直面 大 AI 时代， 用仅仅 60天的时间就带领公司重新寻找到了企业在AI之中的生 态位，为众多仍在迷失中的创业者树立了样板。 李熠表示， " 每一个组织和个人，都可以在 60天甚至30天内 找到 属于 自己的生态位 "。 前不久，混沌邀请到 51WORLD创始人兼CEO李熠，身体力行，为混沌同学真实讲述"60天，找到你的AI生态位"。 2025春节前夕，V3/R1开源大模型横空出世引爆全 国 。 作为 51WORLD 公司的 创始人兼 CEO， 我感受到 了 一种莫名的 情绪，虽然 说不出原因， 但是我感觉 这件事非常重要，我们一定要做点什么。 于是，在春节期间， 我们 仅仅 用 了 60 天 的时间， 将 创立已经十年的 51WORLD的公司 战略、产品和组织进行了 一次全面、 系统的升级： 十年前是移动互联网时代， 创业创新潮流盛起，几乎每天都会诞生一个新的 APP。十年后的今天，这种 ...