Wasu Media(SZ:000156)2025-02-17 11:00Company Overview - Huashu Media is a leading operator and service provider in interactive TV, mobile TV, and internet TV, covering 30 provinces and nearly 100 cities in China [2][3] - The company is controlled by the state-owned enterprise Huashu Group and has been recognized as one of the "Top 30 Cultural Enterprises in China" for five consecutive years [3] Financial Performance - The projected revenue for 2024 is between CNY 9.3 billion and CNY 9.5 billion, with a net profit attributable to shareholders expected to be between CNY 450 million and CNY 510 million [3] - The total dividends distributed to shareholders since listing amount to CNY 3.257 billion, with CNY 408 million distributed in the most recent year [3] Business Segments - The company operates in three main sectors: Smart Home, Technology, and New Media, with a balanced revenue structure [3][4] - Smart Home focuses on promoting smart recommendation channels and local content, while the New Media segment includes interactive TV and IPTV services [4] AI and Technology Initiatives - The company is exploring AI opportunities, including the development of industry-specific models and applications in content production and smart services [5][6] - The integration of DeepSeek technology is being utilized to enhance user experience in tourism and cultural services [6] Partnerships and Collaborations - Huashu Media has established long-term collaborations with Alibaba in areas such as internet TV and cloud services [7] - The company provides integrated broadcasting services for OTT boxes and collaborates with major TV manufacturers like Hisense and TCL [8] 5G Development - The number of 5G users in Zhejiang Province has exceeded 2 million, with the company actively promoting the integration of mobile and fixed-line services [9]