大华股份(002236) - 2025年4月22日投资者关系活动记录表

Financial Performance - In Q1 2025, the company achieved revenue of 6.256 billion CNY, a year-on-year increase of 1.22% [1] - The net profit attributable to shareholders was 653 million CNY, up 16.45% year-on-year [1] - The net profit after deducting non-recurring gains and losses was 504 million CNY, a growth of 0.44% [1] Business Segment Analysis - Domestic revenue growth has rebounded, particularly in the enterprise sector, with strong performance in traditional energy and education sectors [1] - Government business remains under pressure due to cautious domestic investment, with only large-scale transportation and public welfare digital upgrades showing demand [1] - The distribution business is still in an adjustment phase, resulting in relatively weak performance [1] International Operations - The company has exited the U.S. market and has diversified its overseas revenue sources, with a significant portion coming from developing countries [3] - The company has localized its materials to mitigate the impact of U.S. tariffs and sanctions [3] Innovation and Future Planning - The innovation business segment generated revenue of 5.566 billion CNY in 2024, reflecting a year-on-year growth of 13.44% [4] - The company aims to maintain rapid growth in its innovative subsidiaries, with expectations for some loss-making subsidiaries to reach breakeven [4] Technological Advancements - The Starry Sky Model 2.0 has been upgraded to include V, M, and L series models, enhancing capabilities in visual processing, multi-modal data analysis, and vertical domain knowledge [5][7] - The V series model offers improved visual analysis and contextual understanding, while the M series supports cross-modal data analysis [7] Market Trends and Customer Needs - There is a growing demand for integrated machine products, with the cost of implementing large model projects decreasing significantly [9] - The company is focusing on demonstrating tangible value to clients to facilitate business integration and commercialization [10]