海南华铁20250714

Summary of Hainan Huatie Conference Call Company Overview - Company: Hainan Huatie - Industry: Technology and Finance, focusing on computing power leasing, blockchain technology, and Web3 finance Key Points and Arguments Business Expansion and Performance - Hainan Huatie is successfully expanding into multiple categories, including low-altitude heavy-duty drones and patent projects, maintaining stable prices and overall good operating conditions, which provide diverse drivers for performance growth [2][4] - The company has a robust order book in computing power leasing, with nearly 1.5 billion delivered out of over 7 billion in total orders, actively advancing high-performance training computing power and domestic inference computing power orders, indicating promising future performance [2][5] Blockchain and RWA Development - Since 2017, Hainan Huatie has invested in Bitcoin mining and began exploring blockchain technology in 2021, embedding TBOX chips in devices to enable online agency for RWA asset issuance [2][6] - The company plans to issue fixed returns for RWA through the Hong Kong market and explore the development of new stablecoins using computing power resources to meet future financial market demands [2][9] Web3 Finance Integration - Hainan Huatie has invested in XMET to comprehensively layout Web3 finance, combining traditional assets like aerial work platforms with Web3 finance to enhance operational efficiency, achieving rental rates 5-6 percentage points above market averages [2][10] - The company plans to distribute 4,000 NFTs to stock investors and develop an app for rights confirmation, promoting asset-light investment and attracting more investors [2][15] Future Plans and Market Position - Hainan Huatie is committed to increasing investments in computing power to build a stablecoin system based on computing power, with plans to list in Singapore and establish computing centers in Southeast Asia [3][21] - The company aims to leverage its unique position in Hainan Free Trade Port to enhance its business development, particularly in computing power, RWA, and stablecoins [8][27] NFT and Asset Management - The company is exploring various forms of RWA financing models and plans to launch multiple RWA attempts in the coming months, aiming to facilitate asset ownership and collaboration with holders [19][20] - Hainan Huatie is also focusing on the development of NFTs, with plans to introduce new NFT products that include usage rights, enhancing user trust and expanding application ranges [12][16] Challenges and Strategic Responses - The company acknowledges the challenges posed by limited overseas supply of high-performance graphics cards and evolving customer requirements, adopting a dual strategy of domestic and international operations to mitigate risks [23][24] - Hainan Huatie emphasizes its ability to finance and innovate in AI and blockchain technologies, positioning itself to meet strategic tasks assigned by local government authorities [24][25] Additional Important Insights - The company believes that the combination of computing power and RWA is a significant future trend, enhancing data rights confirmation and resource optimization [20] - Hainan Huatie's traditional business, including high-altitude and computing power leasing, is performing well and holds a strong ecological position within the industry [26][28] - The overall outlook for Hainan Huatie is positive, with strong competitiveness and broad development prospects supported by its traditional and innovative business models [28][29]