Star-net(SZ:002396)2025-05-15 07:06Group 1: Company Performance and Market Perception - The company has been heavily reliant on Ruijie Networks for performance, but with its recent spin-off, other subsidiaries are expected to explore growth in areas such as optical communication products, AI applications, and the metaverse [1] - The market currently values the parent company at less than one-third of Ruijie Networks, indicating potential undervaluation [2] - The company is focused on strategic restructuring and business development to enhance shareholder returns and has implemented a market value management system to boost its valuation [2] Group 2: Revenue and Financial Goals - The company aims to align its performance with its core strategy of "ICT infrastructure and AI application solutions," targeting various application scenarios in network and optical communication infrastructure, as well as AI applications [3] - Recent revenue data and future outlook will be disclosed in accordance with regulatory requirements [4] Group 3: Research and Development Investments - In 2024, the company invested approximately 2.668 billion CNY in R&D, accounting for 15.92% of its annual revenue, and has filed 455 patents, including 320 invention patents [5] - The total number of patents held by the company reached 3,097, with 2,255 being valid [5] Group 4: Seasonal Financial Trends - The company's revenue and profit exhibit seasonal characteristics, with Q1 typically contributing a smaller proportion to the annual totals [6]