Core Viewpoint - The company is leveraging AI and international expansion as dual engines for growth, with significant revenue increases in both areas, indicating a robust growth trajectory for the future [2][4][9]. AI Business Growth - AI revenue reached 335 million yuan, a year-on-year increase of 217.5%, contributing 15.8% to total revenue [4][6]. - The AI business generated a GMV of 1.7 billion yuan, a staggering increase of 464.1% [4]. - The company has developed 12 AI digital employees that enhance transaction efficiency, processing over 16 million messages daily with a 95% accuracy rate [6][7]. International Business Expansion - International business revenue reached 1.017 billion yuan, a year-on-year increase of 71.5%, with a transaction volume exceeding 220,000 tons, up 98.8% [9][12]. - Southeast Asia and the Middle East are key strategic regions, with Southeast Asia showing explosive growth, particularly in Thailand and Indonesia, with revenue increases of 15,932.1% and 9,654.8% respectively [12]. - The business model has evolved into a multi-faceted light-asset platform, integrating trade, processing, MRO, and AI infrastructure [13]. Stabilization of Core Business - The core business showed signs of stabilization, with total transaction volume reaching 45.59 million tons and a significant increase in registered enterprise users [14][15]. - The industrial terminal business, covering 80 industries, has a high profit margin, indicating a restructuring of the profit model [16]. Efficiency and Financial Performance - The company has seen a significant reduction in management, sales, and R&D expense ratios, leading to improved operational efficiency [17]. - Operating cash flow reached 680 million yuan, a year-on-year increase of over 60%, reflecting strong recovery and cash-generating capabilities [17][18].

Core Insights - The forum "AI + Traditional Industry" held in Shanghai highlighted the integration of AI technology into traditional industries, showcasing valuable experiences from companies like Zhaogang Network [1][3]. Group 1: AI Application in Traditional Industries - Zhaogang Network has established a production service system focused on the entire transaction process in the steel industry since its inception in 2012 [3]. - The company employs a dual strategy for AI application, developing its own industry-specific AI models while also collaborating with leading enterprises to enhance user experience and address technical issues [5]. - Zhaogang Network has developed 12 AI Agents and 4 flagship AI products that significantly improve efficiency across the entire sales process and internal management [3]. Group 2: Technological Advancements and Collaborations - The SaleMatch trading engine, developed by Zhaogang Network, has improved its message processing capacity to over 10 million messages daily with an accuracy rate exceeding 95% [3]. - The partnership with Tencent led to the establishment of Tengcai Technology, which has expanded its business from steel to other rapidly fluctuating industrial raw materials, demonstrating the cross-industry application of Zhaogang Network's AI capabilities [3]. - The forum featured representatives from major tech companies like Tencent, Alibaba, Baidu, and JD, indicating the significant influence of the event in the AI and traditional industry landscape [5]. Group 3: Future Prospects and Industry Impact - Zhaogang Network aims to be among the first companies to enter the "A2A" era, which encompasses "Agent to Agent," "Application to Application," and "Area to Area" interactions, facilitating AI capabilities throughout the supply chain [5]. - The practical achievements of Zhaogang Network serve as a reference for the deep integration of AI into traditional industries, contributing to the high-quality development of the Chinese economy [5].

找钢网集团同时也是B2B行业对AI的研发投入规模最大的企业之一。 本文为IPO早知道原创 作者｜ Stone Jin 微信公众号｜ipozaozhidao 据IPO早知道消息，在日前举办的"智赋百业·慧入千行"——首届"AI+传统产业"实践应用发展论坛上， 找钢 网集团创始人 、董事长兼CEO王东指出， 人工智能走向产业深水区并不缺概念和技术，真正稀缺的是"能长期跑得通的应用路径"。 作为扎根钢铁这一高度复杂传统产业的产业互联网平台，找钢网自2012年成立以来，始终围绕交易全流程构建生产性服务体系。依托十余年沉淀的产业 数据，已将AI能力以智能体（AI Agent）形态嵌入交易、物流、金融及内部管理等关键场景，推动产业效率与协同能力的系统性提升，探索人工智能在 传统产业中的可持续应用模式。 在王东看来，中国是全球AI最大的应用市场，尤其在B端远比美国市场更大。当找钢这样的企业开始运用大模型后，一方面能推动更多传统行业积极应 用AI，另一方面也能促进大模型厂商的能力提升，从而形成这个产业的正向循环发展。 不过，王东亦坦言，任何一项新技术在B端爆发会比C端爆发晚三年左右的时间。"B端面向的是企业家，企业家都要观察 ...

Core Viewpoint - The global climate crisis is intensifying, with the World Meteorological Organization reporting a 1.4℃ increase in average global temperatures since pre-industrial times. As a response, 151 countries have set carbon neutrality targets, with China aiming for peak carbon emissions by 2030 and carbon neutrality by 2060. Companies are increasingly integrating carbon neutrality and ESG (Environmental, Social, and Governance) principles into their strategic planning, as exemplified by Zhaogang Group's first ESG report, which highlights its commitment to sustainability and carbon reduction efforts [1][8]. Group 1: Carbon Neutrality Efforts - Zhaogang Group has implemented measures to enhance operational efficiency in the steel industry, significantly reducing carbon emissions. For instance, the company has decreased the average number of logistics cycles from 5 to 2, resulting in over a 50% reduction in carbon emissions during steel circulation [1]. - The logistics platform, Pangmao Logistics, has reduced average waiting time for goods from 24 hours to 15 hours, improving vehicle utilization by 12% and cutting carbon emissions by nearly 8% [2][13]. - Zhaogang Group promotes the recycling of construction waste steel, which can replace approximately 6 million tons of raw materials annually, indirectly reducing carbon emissions by about 600,000 tons [7]. Group 2: Digital Transformation in Steel Trading - The traditional steel trading model faces challenges such as inefficient information flow, high transaction costs, and low logistics efficiency. Zhaogang Group aims to address these issues through a digital platform that connects key participants in the steel trading industry, streamlining information, logistics, and financial flows [9][10][12]. - The digital trading platform has shortened the steel trading process from an average of 5-7 days to 2-3 days, significantly enhancing transaction efficiency and reducing labor input [12]. - Zhaogang Group has developed a proprietary digital logistics platform, Pangmao Logistics, which integrates transportation resources and improves order dispatch efficiency, thereby contributing to carbon reduction [13]. Group 3: Employee Engagement and Corporate Responsibility - Zhaogang Group emphasizes employee growth and satisfaction as part of its corporate governance and social responsibility. The company provides comprehensive employee benefits, including health and safety measures, training programs, and various employee engagement activities [14][15][18]. - The founder of Zhaogang Group highlights the importance of nurturing talent and creating a supportive work environment, which is integral to the company's operational philosophy [14][18]. Group 4: Expansion and Future Prospects - Zhaogang Group has established itself as the largest digital platform for steel trading in China, with a trading volume of 514.18 million tons and a total transaction value of 188 billion yuan in 2024 [18][22]. - The company is exploring the application of new technologies such as AI and cloud computing in the steel industry, enhancing trading efficiency and expanding its service offerings to other sectors [24][25]. - Zhaogang Group's commitment to a "beneficial to others" approach has led to successful collaborations and the expansion of its business model into other product categories, further promoting efficiency and sustainability [22][25][27].