Huafu(SZ:002042)2025-09-15 10:16Group 1: Business Strategy and Market Position - The company has maintained over 90% of its revenue from domestic sales in the first half of 2025, indicating a strong focus on the domestic market despite international trade uncertainties [2] - The company is implementing a dual circulation strategy to balance overseas and domestic market development [2] Group 2: New Business Development - The company is exploring new business avenues, particularly in AI applications within the textile and apparel sector, although these initiatives are still in the early stages [3] - The company aims to increase the revenue proportion from its computing power services in the next 3-5 years, but specific targets are not yet disclosed [2] Group 3: Project Updates and Risks - The Akesu public computing power platform is a self-built project, currently under construction, with an expected green energy usage ratio of over 80% [5] - The project is still in progress, and the timeline for operational readiness will depend on customer demand and market conditions [6] - Investors are advised to be cautious regarding investment risks associated with ongoing projects, as they have not yet generated revenue [7] Group 4: Employee Incentives and Performance - The employee stock ownership plan includes strict performance assessment criteria to align the interests of management, employees, and shareholders [3] - The company emphasizes that performance targets set for internal assessments do not equate to market performance guidance [3]