Core Viewpoint - The company, Xiechuang Data, showcased its operational performance, development strategy, and innovative achievements during a collective performance briefing, emphasizing its role in the digital economy and the integration of artificial intelligence with the real economy [1] Group 1: Financial Performance - In 2024, the company achieved an operating income of 7.41 billion yuan, representing a year-on-year growth of 59.08% [1] - The net profit attributable to shareholders, excluding non-recurring gains and losses, reached 671 million yuan, marking a year-on-year increase of 144.33% [1] - As of December 31, 2024, the company's return on equity was 24.31%, up 33.94% year-on-year, with cash dividends amounting to 71.86 million yuan [1] Group 2: Business Model and Innovations - The company has established a "smart terminal + computing infrastructure + cloud services" integrated industrial model, with multiple business lines including smart storage, intelligent IoT, cloud services, computing servers, and computing recovery [2] - In 2025, the company plans to launch the FCloud intelligent training and inference service platform, providing a comprehensive solution for clients [2] - The Omnibot full-stack embodied intelligent robot development platform has recently been launched, offering end-to-end services for robot development, which accelerates the development process and reduces costs [2] Group 3: Research and Development - In 2024, the company's R&D investment reached 241 million yuan, reflecting a year-on-year increase of 53.84% [3] - The company aims to enhance its technological investments, particularly in the smart terminal and server sectors, to build a comprehensive intelligent computing ecosystem [3] - The company has signed contracts with several leading enterprises to provide computing application products, focusing on high-end computing and cloud computing services [3]

Core Viewpoint - The company, Xiechuang Data, is actively expanding its capabilities in computing power and robotics, reporting significant revenue growth and strategic partnerships in these areas [1][2][3] Group 1: Financial Performance - In Q1 2025, the company achieved a revenue of 2.077 billion yuan, representing an 18.11% year-on-year increase [1] - The net profit attributable to shareholders for Q1 2025 was 169 million yuan, showing a 4.29% year-on-year growth [1] - Total assets increased by 36.85% compared to the beginning of the year [1] Group 2: Business Development - The company has signed contracts with multiple leading enterprises in its computing power business, focusing on high-end computing and cloud services [3] - The company is enhancing its cloud computing, smart store, e-commerce SaaS, and server remanufacturing investments, with significant revenue growth in intelligent computing and cloud services [3] - The company launched the FCloud intelligent training platform on January 24, 2025, aimed at various sectors including robotics, biopharmaceuticals, and finance [3] Group 3: Strategic Initiatives - The company is committed to building a comprehensive intelligent computing ecosystem and aims to become a global leader in cloud services [2] - The company’s subsidiary, Aojia Software, obtained NVIDIA CLOUD PARTNER certification, indicating its capability in AI computing leasing and cloud services [2] - The company is actively developing a full-stack embodied intelligent robot development platform, which has recently gone live [1][3]

Group 1: Business Performance and Financials - In Q1 2025, the company achieved revenue of 2,077.32 million yuan, a year-on-year increase of 18.11% [7] - The net profit attributable to shareholders in Q1 2025 was 169.21 million yuan, up 4.29% year-on-year [7] - Total assets as of March 31, 2025, reached 9,996.56 million yuan, reflecting a growth of 36.85% since the beginning of the year [7] Group 2: Strategic Initiatives and Market Position - The company plans to enhance its position in the AI and AGI sectors by increasing its investment in computing power services and cloud services [2] - The company has established a comprehensive platform for service robots, including advanced manufacturing capabilities such as robotic dogs and humanoid robots [2][4] - The company has obtained NVIDIA CLOUD PARTNER certification, indicating its capability in AI computing rental and cloud services [3] Group 3: Research and Development - R&D expenses have increased by 53.84%, with an expected revenue generation timeline of approximately 18 months from the start of investment [2] - The company is focusing on innovation and talent development, with increased investments in R&D and employee compensation [7] Group 4: Market Demand and Competition - The company is actively engaged in the computing power rental market, with a stable pricing strategy aimed at high-quality clients [8] - The expected return on investment for computing power rental services is reported to be between 28% and 35% [8] Group 5: Product Development and Future Outlook - The FCloud intelligent training platform was launched on January 24, 2025, and is expected to generate revenue in the future [9] - The company’s IoT smart terminal products achieved revenue of 2.259 billion yuan in 2024, marking a 60.82% year-on-year growth [9]