12月5日，由南方财经全媒体集团主办，21世纪数字传媒承办的南方财经论坛"21世纪卓越董事会年 会"在广州南方财经大厦盛大举行。 大会以"新蓝图，新机遇"为主题，杰创智能（301248）董秘赵捷出席本次大会并参加了圆桌论坛。 杰创智能自上市以来，主营业务始终聚焦于智慧城市与智慧安防领域。近年来，公司持续推动向人工智 能方向的战略转型与技术升级，业务涵盖AI基础设施与AI+应用两大领域。 会上，赵捷谈到了"十五五"期间智慧城市行业的发展机遇以及杰创智能在海外市场的布局与竞争优势， 分享了三点核心观察与实践。 此外，在广泛的政企和行业客户中，随着AI渗透率的不断提升，对稳定、高效算力的需求也在稳步增 长。 基于这一判断，杰创智能自2023年起正式切入云计算赛道，并于2024年推出自主研发的AI智算一体机 及混合云平台。 目前，杰创智能已在华东、华北、华南等地部署了规模达数千P（PFLOPS）的智能算力集群，为互联 网企业及AI应用开发商提供算力服务。展望"十五五"期间，杰创智能计划将算力规模扩展至数万P级 别，以充分满足未来市场对高性能计算资源的强劲需求。 第二，行业专属的AI Agent（智能体）将成为提升组织 ...

Core Viewpoint - The transaction involves Shenzhen Zhishang Technology Co., Ltd. acquiring 99.8555% of Shenzhen Hengyang Data Co., Ltd. through a combination of issuing shares and cash payment, aligning with relevant regulations and enhancing the company's operational capabilities [1][2][3]. Compliance with Regulations - The transaction adheres to national industrial policies and legal regulations regarding environmental protection, land management, anti-monopoly, and foreign investment [2]. - The assets involved are evaluated by a qualified institution, ensuring fair pricing and protection of shareholder rights [2]. - The ownership of the assets is clear, with no legal obstacles to transfer, and the transaction will not jeopardize the company's listing status [2][5]. Financial and Operational Benefits - The acquisition is expected to improve the asset quality and financial condition of the listed company, enhancing its operational sustainability and independence [3][4]. - The transaction will not introduce unfair related-party transactions or significant adverse competitive impacts [3][4]. - The acquired assets are operational and will be integrated into the company's existing business, creating synergies [5][6]. Strategic Integration - Post-acquisition, Hengyang Data will become a subsidiary, contributing to the overall strategic layout and implementation of the listed company [3][8]. - The integration will enable a transition from "data transmission" to "intelligent data transmission and processing," enhancing competitiveness in the data communication and computing sectors [6][7]. - Both companies will share R&D resources, optimize technology investments, and accelerate new technology development, leading to cost savings and improved efficiency [6][7]. Customer and Market Synergies - The customer bases of both companies overlap, allowing for enhanced procurement relationships and cost reductions through increased purchasing volumes [7][8]. - The collaboration will improve service efficiency and quality for existing customers while expanding into new market segments [8].

Core Viewpoint - The company, Zhishang Technology, is exploring a potential collaboration with Hengyang Data, which could enhance its capabilities from data transmission to intelligent data processing, thereby transforming into a "light + computing" solution provider [2]. Group 1: Company Collaboration - Investors inquired about the business collaboration between Zhishang Technology and Hengyang Data [2]. - Zhishang Technology confirmed that their optical communication products, such as fiber optic connectors, are applicable in data centers, 4G/5G communications, and fiber-to-the-home scenarios [2]. - Hengyang Data's high-performance AI computing products, including DPU products and AI integrated machines, are also relevant in data centers and AI computing clusters, indicating a high overlap in application scenarios [2]. Group 2: Strategic Implications - Successful integration of both companies could allow Zhishang Technology to transition from a component supplier to a comprehensive solution provider, addressing broader customer needs [2]. - The synergy between computing power and networking could lead to the development of integrated data center solutions, enhancing competitiveness in the data communication and computing sectors [2].

" 混合云第一股，也要观望DeepSeek带来的下一波市场情绪。 " 作者丨赵之齐 编辑丨胡敏 "青云内部，司龄五年以上的老员工比比皆是"，青云科技的一位销售说道。还有员工笑说，自己准备在青 云"养老"。 公司内部的某种稳定，与其近年在财报上的跌宕表现相比，略有反差。根据青云科技最近发布的2024年年 报，公司在去年营业收入大约2.7亿，相较2023年，减少了18.95%。青云依然面临着营收的压力。 而相比2023年， 青云去年的减亏比例达43.72% ，毛利率31.66%，同比提升7个百分点。青云在AI领域 布局主要包含AI算力云、AI智算平台和AI智算一体机，其中， AI算力云去年的服务营收达4937.03万元。 此外，青云财务费用变动较去年增长126.41%，公司解释是本期金融机构授信增多所致。 青云在今年年报上的表现，没有太大惊喜。年报背后，是在大模型时代，依然被卡住的中小云厂面临的共 同困境。在市场分析师眼中，青云这样的中小云厂业务依然充满不确定性，其下一波股票的机会，或许只 能等待DeepSeek R2发布带来的市场情绪。 01 打造智算第二增长曲线 "今年销售在向客户介绍青云的业务时，需要从AI ...