Precise(300442)2024-09-25 11:37Financial Performance - The company achieved operating revenue of 3.575 billion CNY, a year-on-year increase of 112.47% [2] - Net profit attributable to shareholders reached 967 million CNY, up 37.64% year-on-year [2] - Total assets amounted to 27.695 billion CNY, reflecting an 18.81% growth compared to the end of the previous year [2] - Equity attributable to the parent company was 9.529 billion CNY, increasing by 11.82% from the previous year [2] Market Demand and Technology Trends - There is a significant increase in overall market demand for AI and computing resources, driven by the need for large-scale data processing [3] - The competition in the large model industry has intensified, leading to a surge in demand for high-performance computing resources [3] - The supply of high-quality data centers (30MW level) is currently scarce, impacting the delivery of AI solutions [3] Strategic Initiatives - The company is advancing its "Four Strategies" to solidify its leading positions in IDC, liquid cooling, and AIDC [4] - Plans to accelerate the delivery of new data centers, with ongoing projects in the Yangtze River Delta region [4] - The company is constructing three new generation data centers in the Beijing-Tianjin-Hebei region and the Yangtze River Delta, with a total of 200MW capacity [4] Market Expansion - The company is focusing on emerging application scenarios such as autonomous driving, robotics, smart healthcare, and smart transportation, which have substantial data processing and storage needs [4] - As of now, the company has established seven AIDC infrastructure clusters across six major regions in China, with a total of 61 planned data centers and approximately 320,000 server cabinets [4] Shareholder Engagement and Value Management - Since its listing in August 2022, the company has prioritized shareholder returns, proposing cash dividends totaling 2.396 billion CNY [5] - The number of shareholders as of September 20, 2024, was 39,849 [5]