YGSOFT(002063)2024-07-25 10:21Business Development and Strategy - The company is deeply involved in the digital grid construction of the State Grid, focusing on financial business applications, intelligent financial data analysis, and digital transformation of substations [2] - The company is promoting the construction of a smart shared financial platform, with applications like general reimbursement being extended to all grid units and typical industrial financial sectors [2] - In the Southern Grid, the company is participating in the construction of enterprise middle platforms, including business, data, and technology middle platforms, and advancing the grid management platform (finance domain) [2] - The company is expanding its business in markets beyond the two major grids and five major power companies, focusing on smart financial sharing and treasury projects [3] - The company has been developing its smart energy business since 2016, which now constitutes one of its four major business segments, focusing on automation, informatization, intelligence, and low-carbon services in the energy sector [3] - The company is leveraging AI technology to enhance the precision and coordination capabilities of virtual power plants, which involve distributed power generation, energy storage, and charging piles [3] - The company is continuously improving its power generation and sales integration platform to provide services like power trading business management, data collection, energy optimization, and strategy analysis [4] - The company is preparing to meet the urgent demand for domestic substitution in key industries, aligning with national strategies for software and platform development [4] - The company is focusing on the "smart energy" direction, deepening its involvement in power market transactions, comprehensive energy services, virtual power plants, energy operation and maintenance, and low-carbon services [4] Market Opportunities and Reforms - The recent power market reforms have positively impacted the company's smart energy business, potentially expanding its market scope and demand for services like energy trading and demand response [4] - The company sees significant opportunities in the national strategy for independent and controllable software development, particularly in the context of domestic substitution in key industries [4] Partnerships and Integration - The company is integrating deeply with its controlling shareholder, State Grid Digital Technology Company, to leverage the grid's role in the new power system and provide comprehensive digital products and services across the energy industry chain [5]