华策影视(300133) - 300133华策影视投资者关系管理信息20250217

Group 1: Business Overview - The company began its foray into computing power operations in July 2024, completing one project for Zhejiang Computing Technology Co., which serves local large model and internet technology companies [1] - The computing power project is expected to have a minimal impact on the 2024 financial performance, with the first service fee anticipated in December 2024 [1] - A budget of up to 1 billion CNY has been allocated for the development of computing power business, depending on project needs [1] Group 2: Market Demand and Future Prospects - Currently, the company has only one operational project in hand, with potential clients including internet technology and new energy vehicle companies [1] - The company is optimistic about the future of the computing power industry, as demand is positively correlated with the development of artificial intelligence [2] - There is a significant demand for computing power, with at least 50,000 cards' worth of project needs identified in Zhejiang [2] Group 3: Industry Regulations and Strategic Positioning - The company maintains smooth communication with industry regulatory bodies, aligning with the national goal of building a cultural powerhouse by 2035 [2] - The company is positioned as a leading player in the domestic film and television industry, with a diverse portfolio that includes successful projects like "I Am a Criminal Police" and "The National Color of Fragrance" [2] - The company aims to leverage policies promoting digital film and television products, enhancing its role in the export of Chinese-language film content [2] Group 4: Financial Considerations and Risks - The current computing power capacity is approximately 2000 Pflops, which could correspond to around 7000P based on past procurement prices, or up to 10,000P at current prices [2] - The company emphasizes that the financial planning for computing power is internal and does not guarantee full utilization of the allocated budget [2] - There are significant uncertainties regarding the scale of computing power procurement, the number of operational projects, and future revenue [2]