格隆汇11月19日丨超图软件(300036.SZ)公布，近日，庆阳市公共资源交易中心发布《庆阳市地质数字 找矿—自然资源大模型建设项目》中标结果公告，确定北京超图软件股份有限公司为该项目2包的中标 单位，2包中标金额：2,920.80万元。 本项目为全国自然资源行业"后土"大模型建设首批试点建设项目。项目的中标是公司在自然资源领域AI 大模型、智能体落地以及AI场景应用的重要突破，该项目的实施不仅将推动庆阳市自然资源治理实现 精准化、协同化、智慧化的跨越式升级，更将凝练形成可复制、可推广的"庆阳经验"，形成示范效应， 有利于公司AI产品及解决方案的推广。同时该项目的典型性、综合性，有助于公司进一步提升AI产品 能力，强化AI解决方案综合性和落地性。公司将以该项目为契机，持续释放空间智能软件技术价值， 深化"AI+行业"全场景解决方案的商业化落地，为更多地区、更多行业的数字化转型提供核心支撑，助 力数字中国建设提速增效。 ...

Group 1: Corporate Governance Changes - The company announced a change in its actual controller, with Chairman Chen Diqing becoming the sole major shareholder after acquiring shares from co-founder Fan Jianzhen [3][5] - This adjustment aligns the company's control status with its actual situation, following a period of management transition and business transformation [4][5] - A long-term plan aims to optimize the core management team's equity structure over the next 5-8 years, ensuring smooth succession and sustainable development [4] Group 2: Strategic Planning and Market Outlook - The CEO, Huang Yiquan, emphasized confidence in the market, noting a significant demand for digital transformation and AI applications among the company's nearly 7,000 clients [6][8] - The company has been transitioning towards product autonomy and AI integration for nearly a decade, with a focus on enhancing customer service through system integration and AI support [6][8] - The management team believes that the new governance structure will strengthen team cohesion and drive market objectives [7] Group 3: AI Development and Competitive Advantage - The company has been involved in AI since 2019, positioning itself as an early player in the B-end application market [8][9] - A strong customer base, including many large enterprises, provides valuable opportunities for product refinement and practical application of AI solutions [9][10] - Strategic partnerships with leading firms enhance the company's technological and product capabilities, supporting its AI initiatives [10] Group 4: Financial Performance and Profitability Outlook - The company reported a reversal in profitability in 2024, with a commitment to continue improving net profit margins in the coming years [10][11] - The management aims to achieve a net profit margin comparable to its peak performance in 2015-2016, setting realistic intermediate goals for growth [11][12] - Factors contributing to profitability include mature products, controlled expenses, and the emergence of new revenue streams from AI and PaaS business models [12]

Core Viewpoint - The stock price of Innovation Works (02121.HK) surged by 9.57% to HKD 4.58 per share, with a market capitalization of HKD 2.58 billion, following the announcement of a strategic partnership with Henry Group (03638.HK) and DingTalk, focusing on AI applications in financial services [1][2]. Group 1: Company Overview - Innovation Works is recognized as the first AI + manufacturing company, specializing in enterprise-level AI solutions for B-end clients across various sectors including steel metallurgy, energy, automotive, high-tech/3C, and finance [1]. - The company aims to enhance efficiency and facilitate intelligent transformation for clients through AI technologies in areas such as product quality control, process management, labor cost reduction, and safety management [1]. Group 2: Recent Developments - The strategic partnership with Henry Group and DingTalk is expected to inject growth momentum into Innovation Works and enhance its competitiveness in the AI financial services sector [1]. - DingTalk, a major SaaS platform under Alibaba (09988.HK), has been exploring AI applications in collaboration with third-party developers, which further validates Innovation Works' AI research capabilities [1]. Group 3: Financial Performance - For the fiscal year 2024, Innovation Works reported a revenue of RMB 1.222 billion, a significant decline of 30.2% year-on-year, and an adjusted net loss of RMB 117 million, although the loss has narrowed compared to the previous year [2]. - The company’s cash flow from operating activities showed substantial improvement, ending the period with cash and cash equivalents of RMB 1.205 billion, indicating strong liquidity that supports its share buyback initiative [2]. Group 4: Market Sentiment and Future Outlook - Following the announcement of a share buyback plan of up to RMB 100 million, funded by the company’s own resources, management's confidence in the company's future prospects is evident [2]. - Some institutions remain optimistic about the company's future, with Cathay Securities maintaining a "buy" rating and setting a target price of HKD 5.60, projecting revenues of RMB 1.472 billion, RMB 1.756 billion, and RMB 2.059 billion for 2025-2027 respectively [2].