Sharetronic(SZ:300857)2025-06-19 15:08Group 1: Company Performance and Growth Factors - The company's revenue for 2024 is expected to grow significantly, driven by advancements in AI-enabled cloud services, including cloud computing, cloud video, and cloud storage [1] - The demand for data storage devices is steadily increasing, with a focus on enhancing competitiveness through integrated hardware and software investments [2] - The smart home, wearable, and security device categories are experiencing positive demand, contributing to overall sales and profitability [2] Group 2: Procurement and Future Outlook - The company has completed a procurement of 3 billion CNY and is progressing with a 4 billion CNY procurement to meet business demands, ensuring sufficient inventory for order fulfillment [2] - For 2025, the company aims to expand its capabilities in the "full-domain intelligent computing ecosystem" and enhance its cloud service and computing leasing business [2] Group 3: Cloud Services and Business Lines - The cloud services are categorized into several segments, including computing cloud services, SaaS applications for cross-border e-commerce, and AIoT services, all aimed at enhancing user experience and operational efficiency [4] - The server remanufacturing business is growing rapidly, with a focus on sustainability and resource conservation through the recycling and repurposing of old servers [6] Group 4: Market Trends and Projections - The IT asset disposition (ITAD) market is projected to grow from 18.4 billion USD in 2024 to 26.6 billion USD by 2029, with a compound annual growth rate (CAGR) of 7.60% [6] - The company is actively pursuing international markets, although the proportion of revenue directly from the U.S. remains low [6]