A rare four-wheel drive VAN with distinctive Tuyanosen APCs.

Tuyano is a well-known domestic European VAN, which has beautiful appearance, comfortable ride and strong power, and has a high possession in the market. We have introduced a number of Tuyano light passengers with different uses before, including buses, vans and special vehicles, which can meet the needs of many industries and leave a deep impression on everyone.

Some friends have had such questions after learning about a number of Tuyano models we introduced. Does Tuyano have a four-wheel drive model? Indeed, most of the Tuyano we usually see are front and rear drive configurations, but for some special purposes, Tuyano has professional four-wheel drive models. This time, we will introduce Tuyano’s forest defense personnel carriers to you.

In the past, when there was a shortage of light off-road buses in China, the transportation of forest firefighters was often undertaken by different types of trucks or off-road buses modified from truck chassis. Their comfort was far less than that of Tuyano, and the later modified bodies were not as strong, safe and airtight as Tuyano, a load-bearing body. The purchase of imported cars is not a small expense, and maintenance is also an expense that cannot be ignored when maintaining cars. The emergence of four-wheel drive models not only enriches Tuyano’s product line, but also fills the gap in the market, and also brings more cost-effective choices to the units and individuals who need to buy such special vehicles.

At the first sight, you can feel that this car is not simple. First, a solid protective bar is installed in the front of the car, which can effectively help the car cross obstacles safely and quickly. Secondly, the tire size is larger, the chassis clearance from the ground is higher, and the "Bigfoot" is full of power; Finally, the orange painting of the whole vehicle is bright and dazzling.

The vehicle is positioned as a forest fire-fighting personnel carrier, belonging to a special operation vehicle, with a self-weight of 2.58 tons and a maximum allowable total weight of 3.55 tons, and can carry 9 fire-fighting rescuers. In addition to being able to transport fire rescue personnel, the vehicle also has cargo space for loading fire rescue tools and materials.

The vehicle size is 5000×2000×2510mm and the wheelbase is 2933mm. The car body is petite and flexible, and it is more suitable for walking through mountain paths or even roadless areas, which is convenient for firefighters and rescuers to quickly arrive at the scene to carry out fire fighting.

The shooting vehicle is a mid-top and short-axle version. If there are stricter requirements on the height of the car body, such as the road with caves, Tuyano can provide a flat-top model with a car height of 2300 mm. If more people need to be transported, Tuyano can also provide a car with a length of 5990mm and a wheelbase of 3750mm, which can take an extended axle with 10-17 people.

The vehicle is equipped with a Cummins 2.8T diesel engine, which meets the national sixth B emission standard. The maximum power of the engine is 177 HP and the maximum torque is 360 N m.. It has strong power, and it is more economical to use diesel for daily use. Matching the engine is a 6-speed manual gearbox. It is understood that automatic transmission models are also under development, and it is believed that automatic transmission models can be extended to more application fields.

Mature and reliable Cummins 2.8T engine.

The auxiliary water tank is on the left side of the engine compartment.

The air filter is on the right side of the engine compartment.

The core of the car is the part-time 4wd system, which can be driven in two-wheel drive high speed, four-wheel drive high speed and four-wheel drive low speed. It has the advantage of high adaptability and can easily cope with all kinds of complicated road conditions. It is very convenient to switch the four-wheel drive mode when encountering special road conditions. You don’t have to pull the joystick as hard as an old car, you only need to reach out and gently press the button to switch the drive form. Drivers who have never driven Tuyano before can quickly understand the driving mode of four-wheel drive Tuyano with a little familiarity.

A protective plate is installed under the engine, which can effectively prevent the sand and gravel on the road from hitting the engine.

A protective plate is also installed under the gearbox and the transfer case.

In recent years, McPherson independent suspension has been widely used in cars, SUVs and light buses, which makes us experience the excellent comfort of independent suspension and the driving stability of vehicles is better. The front wheel of the four-wheel drive version of Tuyano fire-fighting personnel carrier adopts McPherson independent suspension, and the rear wheel adopts leaf spring dependent suspension. Compared with some off-road buses on the market with steel plate non-independent suspension at the front and rear, Tuyano can make the drivers and passengers on the bus have a more comfortable and stable driving experience without affecting the bearing capacity.

Front McPherson independent suspension

The front wheel, the whole vehicle uses Chengshan 235/85R16LT tires.

Rear leaf spring dependent suspension with stabilizer bar.

At the rear wheel, users can change off-road tires with wider tread and deeper patterns later, which can further improve the off-road performance of the vehicle.

The spare tire is at the end of the frame

The car door has rich storage space and is convenient to get on and off.

Electric rearview mirror and electric door and window switch on the main driver’s door

A fuel tank cover hidden next to the door.

The interior is mainly simple and plain gray, and the gray with different brightness and texture highlights the layering, which makes people feel refreshing and natural. The steering wheel and instrument are beautiful and atmospheric, and they are in line with passenger cars as a whole.

From left to right, the instruments are tachometer, fuel gauge, water thermometer and speedometer in turn. A practical LCD screen is arranged below the fuel gauge and water thermometer, which is convenient for drivers to know the dynamics of vehicles in real time.

There is a radio, a storage compartment, an air conditioning panel and a switch panel in the middle of the instrument panel, next to which is an air conditioning outlet and a USB socket. The front driver’s area is spacious, so as a fire rescue vehicle, it is easy to install warning lights, alarms and other equipment on the instrument panel.

pin

footboard

The interior of the passenger area is also mainly gray, with a simple overall style and practical dirt resistance for daily use. The rear passenger door is also equipped with an automatic welcome pedal, which makes it easy to get on and off even if the chassis is raised. There is a large cargo space behind the last row of seats, which is convenient for loading fire rescue tools and materials. As a short-axle vehicle, the space on the vehicle is limited, but the overall space utilization rate is very high.

Welcome pedal

Passenger area interior

The air conditioning outlet in the rear row is arranged on the roof.

The car is paved with durable and non-slip gray floor glue, and the rear wheel arch is also covered.

There is enough cargo space at the rear of the car to load fire rescue tools and materials.

In addition to the application in forest fire rescue, four-wheel drive Tuyano also has great uses in the fields of national defense and military, mine rescue, forest development, scientific investigation, etc. We also look forward to the future that Tuyano light passengers can make great achievements in a broader world.

2022 Guangzhou Auto Show: Launch of B.H.D Platform of Yuanhang Automobile

  [Aika Auto 2022 Guangzhou Auto Show Original]

  On December 30th, at the 20th Guangzhou International Automobile Exhibition, Yuanhang Automobile officially released the high-end luxury pure electric platform — — B.H.D。 Yuanhang Automobile, as a brand-new high-end intelligent new energy automobile brand under the Universiade Group, brought all its models to the booth collectively.

take a long voyage

  The B.H.D platform launched by Yuanhang Automobile at Guangzhou Auto Show not only integrates many core technologies such as vehicle control, thermal management system, vehicle integration, computer simulation analysis and lightweight design of new energy vehicles independently developed, but also draws on the forward-looking technologies of "domestic and foreign champions" such as Bosch, Huawei and Ali, and becomes a master in the field of intelligent electric power.

take a long voyage

  Yuanhang Automobile has built a boutique smart car with better driving experience and better vehicle energy efficiency through Huawei’s new generation intelligent vehicle control domain controller VDC, new generation thermal management system TMS 2.0 and Huawei’s intelligent steering system. Through cooperation with Bosch, we have deep cooperation in integrated chassis integration technology, high-power bridge, intelligent driving, intelligent network connection and solutions. Through the cooperation with Zebra Zhixing, the interactive intelligence, service intelligence and driving intelligence of smart cars have been improved in an all-round way, bringing users more quality travel experiences such as super flexibility, high performance and evolution.

take a long voyage

  Yuanhang automobile derives different types of body structures through the B.H.D platform, realizing the full coverage of cars, SUVs, MPVs, crossover vehicles and other models. At the same time, the optional range of parameters such as wheelbase and wheel track of the platform architecture is also large enough, and the voyage car can easily realize the full coverage of high-end intelligent electric levels from B-class to D-class. In addition, through the high freedom combination of drive system, power battery and suspension system.

take a long voyage

  Every car built on this platform has six high-performance DNA, namely, super safety, super comfort, super intelligence, super long battery life, super fast charging and super power, which brings users an all-round and high-performance car experience. Yuanhang automobile not only entered the "3-second club" in accelerating performance; The battery life also achieved a long battery life of more than 800km. In terms of charging that users pay attention to, 800V high-voltage charging technology can realize charging for 10 minutes for 300km.

take a long voyage

take a long voyage

take a long voyage

take a long voyage

  Thanks to the leading DEA domain-controlled electronic and electrical architecture of B.H.D platform, the hardware of Yuanhang Automobile can be expanded and the software can be upgraded in five intelligent domains: intelligent driving domain, audio-visual entertainment domain, body domain, power domain and chassis domain. Through OTA technology, Yuanhang automobile can also realize the continuous iterative evolution in the whole life cycle of the whole vehicle, so that the car is always new.

Wonderful content review:

2022 Chengdu Auto Show: Yuanhang Y6 appeared in the four-door coupe.

2022 Chengdu Auto Show: H8 debut of medium and large SUV voyage

2022 Chengdu Auto Show: Yuanhang H9 appeared in medium and large SUV.

Leshan eπ 008 is on special sale, and the discount is 28,000! If you miss it, you won’t have it.

Welcome to [Autohome Leshan Promotions Channel] to bring you the latest car promotions. For high-profile electric models, we are proud to announce that car buyers in the Leshan area are currently enjoying a grand promotion. Car buyers can expect up to 28,000 cash discounts, which reduce the starting price of the eπ 008 to an attractive 188,600. This is a great opportunity not to be missed. If you are interested in the eπ 008, click "Check Car Price" in the quotation form to lock in this real offer and make your car purchase plan even more cost-effective.

乐山eπ008特价出售,优惠2.8万!错过就没有

The exterior design of the car series eπ 008 shows a futuristic technological charm. The front face adopts a unique matrix design, and the air intake grille presents a delicate honeycomb structure, like the vein of the future city, with smooth lines and a sense of power. The overall style reflects the perfect combination of elegance and movement, which is unforgettable at a glance. The body lines under the light and shadow effect are like dynamic sculptures, showing the personality and fashion of the eπ 008.

车系eπ008以其精致的侧面线条展现了独特的设计美学。车身尺寸为5002mm*1972mm*1732mm,轴距达到3025mm,提供了宽敞的车内空间。前轮距与后轮距均为1650mm,确保了良好的行驶稳定性。轮胎规格方面,它采用了265/45 R21的轮胎,搭配动感十足的轮圈设计,不仅提升了视觉效果,也为驾驶者提供了更佳的抓地力和操控性能。

乐山eπ008特价出售,优惠2.8万!错过就没有

内饰方面,eπ008以简洁而科技感十足的设计理念为主导,采用高级皮质包裹的方向盘,不仅手感舒适,还支持手动上下+前后调节,满足驾驶者的个性化需求。15.6英寸的中控屏幕矗立在仪表台中央,清晰易用,集成多媒体系统、导航、电话和空调等多种功能,方便驾驶员操控。座椅方面,采用了仿皮材质,既耐用又具有良好的触感,前排座椅提供加热和通风功能,且支持2向腰部支撑调节,确保驾驶者长途驾驶的舒适性。此外,后排座椅支持前后调节和靠背调节,并配备了腿托调节功能,以及比例放倒功能,为乘客提供了灵活的乘坐空间。

乐山eπ008特价出售,优惠2.8万!错过就没有

车系eπ008搭载了一款1.5T发动机,其最大功率达到了108千瓦,能够提供出色的动力输出。这款发动机具备147马力的强劲表现,配合电动车单速变速箱,确保了车辆在行驶过程中的高效能和平顺性。

总结车主的评价,东风奕派008的外观设计无疑是一大亮点。极简风格与新能源元素的巧妙结合,使其在众多车型中脱颖而出,尤其是前脸的智能星光格栅和多场景灯语,为用户带来了前所未有的视觉冲击和科技感。D柱的充电指示灯更是科技与实用性的完美融合,体现了东风奕派008在细节之处的匠心独运。车身侧面的线条与细节设计同样让人印象深刻,不愧为一款注重设计感和智能化的新能源车型。对于那些追求个性和科技体验的驾驶者来说,东风奕派008无疑是值得考虑的优质选择。

Porsche 911 2020

The 2020 Porsche 911 Turbo S is a new masterpiece, and its exterior design shows a different charm from previous models. Its front face has been carefully carved,Equipped with exclusive dual LED strips and reinforced central radiatorThis is not only to enhance the visual impact, but also to meet more powerful performance requirements and ensure optimum cooling conditions during extreme driving.

保时捷911

The side lines continue the classic of the 992 series, but there is no shortage of innovation in the details. Vivid yellow calipers complement individual design elements,Exhibits a unique sense of movementThe rear design is even more eye-catchingNewly designed rear air intake and rear wingTogether, they create a distinct three-dimensional feel. Under a 45-degree perspective, the sculptural rear wing seems to convey the powerful performance and endless potential of this sports car.

Every angle change is a blend of power and aesthetics, and the 2020 Porsche 911 Turbo S takes on a new look, proclaiming its dominance on the track and its luxury experience in daily driving.

Old partner in the same frame again! Ouyang Zhenhua took an intimate group photo for Xuanxuan’s birthday


1905 movie network news August 18th was Xuanxuan’s birthday, and his friend Ouyang Zhenhua posted a post in the early morning to celebrate her birthday "Happy birthday Jessica", accompanied by a group photo of the couple at the end of July to watch the stage play "Resignation Day" starring Xuanxuan. In the photo, Xuanxuan stood in position C, "Hugging left and right" Ouyang Zhenhua and his wife, the three smiled very happily.


Xuanxuan and Ouyang Zhenhua are old partners for many years. They have collaborated in many classic Hong Kong dramas such as "No. 1 Imperial Court", "Delicious King", "Wrongful Records", "Casino Situation" and "Shi Gongqi Case".


Jolin Tsai wears a small dress and walks stiff, avoiding the same stage as Jay Chou





Jolin Tsai takes the stage


  Jolin Tsai attended the catwalk for international boutiques yesterday (17th). Dressed in a cute red dress, Jolin Tsai’s movements yesterday seemed very stiff, and her physical performance was not much. Jolin Tsai said that because yesterday’s clothing was flat, there was no way to move too much. Jolin Tsai recently celebrated her birthday in a low-key manner. In the past, she would invite "Cai Gang" good friends to celebrate her birthday, but this year it was particularly low-key. Jolin Tsai said that recently because of the scandal, paparazzi surrounded her door every day, so she did not dare to go out this year’s birthday and chose to spend it at home with her family and friends. This year, she was very happy to hear that Jolin Tsai received a limited edition of kitty cats from her friends. Is the kitty cat a thoughtful gift from her gossip boyfriend Peng Yuyan? Jolin Tsai was only happy to share the birthday gift with everyone. As for whose intention it was, Jolin Tsai did not reveal much. Last night was the wedding day of her friend Nanquan’s mother, Warhead, and Warhead had already sent a red bomb to Jolin Tsai. It was rumored that Jolin Tsai did not go to the banquet because he did not want to meet Jay Chou. Jolin Tsai clarified that he could not go to the wedding banquet because Jay Chou was present, but because he really had to record for the new album in the studio that night. Although there was no way to be there in person, Jolin Tsai still specially recorded a congratulatory VCR for Warhead, and hoped that Warhead would be obedient to his wife and stay away from the scandal after his marriage. It seemed that he was warning Warhead not to follow in the footsteps of the boss Jay Chou who Jolin Tsai, who was severely allergic due to low resistance before, is now in a state of concern. Jolin Tsai said that he still continues to take immune-enhancing and anti-allergic drugs, and the rumored allergen dog has rarely been close recently. However, Jolin Tsai, who will be a trapeze to work in other places, actually hopes to return to his hometown and love dogs before going abroad for work.

Editor in charge: Sun Jie

Oriental Guoxin Annual Board Management Review in 2023

The content of the annual board of directors’ management review for 2023 is as follows:

  I. Industry situation of the company during the reporting period

  The company is required to comply with the disclosure requirements of "software and information technology service industry" in the "Shenzhen Stock Exchange Self-Regulatory Guidelines for Listed Companies No. 3 – Industry Information Disclosure"

  1. The digital economy promotes the optimization and upgrading of the industrial structure and reconstructs the global economic landscape

  As a new engine of global economic development in the 21st century, the digital economy is profoundly changing the social and economic form at an unprecedented speed and breadth. Relying on new generation information technologies such as big data, cloud computing, artificial intelligence, and blockchain, the digital economy presents a strong growth momentum and broad prospects. Today, major countries in the world regard the digital economy as the first choice for cultivating new economic growth points and seeking new competitive advantages. Our country’s digital economy has ranked second in the world, accounting for about 40% of the total economy.

  In 2023, China issued a series of important policies in the field of digital economy, aiming to promote the digital transformation and high-quality development of China’s economy by strengthening digital infrastructure building, promoting digital technology innovation and application, and ensuring data security and privacy. In February 2023, the CPC Central Committee and the State Council issued the "Overall Layout Plan for the Construction of Digital China", which made a comprehensive strategic plan for the construction of digital China. It requires all localities and departments to implement the work of promoting digital infrastructure building, digital transformation, and market cultivation of data elements in light of actual conditions. In January 2023, 16 departments including the Ministry of Industry and Information Technology, the National Cyberspace Administration of China, and the National Development and Reform Commission jointly issued the "Guiding Opinions on Promoting the Development of the Data Security Industry", which aims to strengthen data security protection, guide and support the orderly and healthy development of the data security industry, and set phased development goals. The Ministry of Finance issued the "Interim Provisions on Accounting Treatment of Enterprise Data Resources" in August 2023, marking the official entry of data assets into the financial statement system. It will be implemented from January 1, 2024. It aims to guide and standardize the management and accounting of data assets by enterprises. On October 25, 2023, the National Data Administration was officially inaugurated, tasked with coordinating and promoting the construction of data infrastructure, integrating, sharing, and exploiting data resources, as well as promoting the planning and construction of digital China, digital economy, and digital society.

  Looking to the future, the digital economy will restructure the global economic map, promote the optimization and upgrading of the global industrial structure by building a new business model and industrial ecology, and achieve higher efficiency and higher quality economic growth. Further break geographical restrictions, realize the global sharing of information resources, promote the process of global economic integration, and provide unprecedented development opportunities for developing countries. The digital economy will be deeply integrated into all walks of life, giving birth to many new industries, and greatly improving the efficiency of social operation and service level. The digital economy will also strongly drive social governance innovation. With the help of big data analytics, government decision-making will be more scientific and accurate. With the help of artificial intelligence technology, public services will be personalized and intelligent, and the quality of life of the people will be significantly improved. The digital economy, with its strong penetration and innovation, will play a decisive role in the future global economic and social development, and its development prospects are limitless. It has become a strategic highland that countries around the world are competing to pursue.

  At present, in the process of the development of our country’s digital economy, there are still "bottlenecks" – it is difficult to achieve cross-departmental, cross-system and cross-regional sharing in various fields. These data barriers hinder the process of digital transformation to a certain extent, and it is difficult to form an overall joint force. And using technological advantages such as big data to break down data barriers such as "data islands" and "data chimneys" is precisely the advantage of Oriental Guosen.

  The company has been deeply involved in telecom operators, finance, industry, government and other fields for more than 20 years, and has formed a complete cross-industry and cross-field big data comprehensive management capability. The massive processing capacity of data and reliable processing efficiency can also be used to deal with PB-level data with ease. The company will seize the opportunity and use its own advantages to help customers in various industries with digital transformation and the development of our country’s digital economy.

  2, artificial intelligence empowers thousands of industries, spawning new models and new business models

  Artificial intelligence is a strategic technology that leads a new round of technological revolution and industrial transformation. The artificial intelligence big model is the product of the combination of "big data + big computing power + strong algorithms", an’implicit knowledge base ‘that integrates the inherent essence of big data, and a carrier for realizing artificial intelligence applications. Promoting the integration of artificial intelligence and industry and accelerating the formation of new quality productivity is an important trend in current social development. In 2023, the general artificial intelligence model represented by ChatGPT set off a new round of artificial intelligence industry development wave in the world. In 2023, the scale of our country’s artificial intelligence core industry has reached 500 billion yuan, and the number of enterprises has exceeded 4,400. Among them, the artificial intelligence large model market size will reach 2.10 billion US dollars, an increase of 110% year-on-year. Looking forward to 2024, the artificial intelligence large model will enter a critical period of empowering thousands of industries, giving birth to new models and new formats of future industries. The artificial intelligence industry will maintain a high-speed growth and development trend, and gradually enter a new stage of deeply empowering vertical industries and frontier fields, which will effectively promote the construction of new industrialization and high-quality economic development. On March 5, 2024, Premier Li Qiang of the State Council proposed in the government work report that we should vigorously promote the construction of a modern industrial system and accelerate the development of new productivity. At the same time, deepen the research and development applications of big data and artificial intelligence, and carry out the "artificial intelligence +" action to create an internationally competitive digital industrial cluster. According to Sullivan Consulting, the global artificial intelligence market size will reach 615.80 billion US dollars in 2024, and China’s market size will exceed 799.30 billion yuan in this year. At the same time, it is expected that the global artificial intelligence large-scale model market size will exceed 28 billion US dollars in 2024, and the market size in China will reach 21.60 billion yuan.

  Dongfang Guoxin has independently developed a fully functional artificial intelligence product system and has mature applications in customers. In the future, Dongfang Guoxin will make full use of the company’s know-how advantages in big data technology and vertical fields to train more in-depth, more detailed, and more accurate industry large models and vertical small models in vertical fields and specific scenarios with massive high-quality vertical data sets, and make the models better and better in continuous optimization iterations, so as to help customers achieve product and business innovation and promote the continuous improvement of the AI ecosystem.

  3. The rise of intelligent computing power empowers the new wave of industrial digitalization

  With the rapid development and wide application of artificial intelligence technology, the demand for intelligent computing power is also growing rapidly. In order to meet the explosive computing power demand brought by AI large models, the proportion of intelligent computing power and supercomputing power will continue to increase in the future. The development of intelligent computing power benefits from many factors, including algorithm optimization, hardware performance improvement, and rich data resources. The development of intelligent computing power industry is of great significance for promoting the development of artificial intelligence technology, improving the production efficiency of various industries and promoting digital transformation. On February 19, 2024, the State-owned Assets Supervision and Administration Commission of the State Council held a special promotion meeting on "AI empowered industry rejuvenation" of central enterprises artificial intelligence. The meeting emphasized the need to consolidate the foundation for development, concentrate the main resources on the most needed and most advantageous areas, accelerate the construction of a number of intelligent computing power centers, further deepen open cooperation, and better play the role of cross-central enterprises collaborative innovation platform. MIIT CCID Consulting released the "2024 Hashrate Development Trend Insights Report" shows that in the next three years, China’s computing power scale will show explosive growth. It is expected that by 2026, China’s computing power scale will exceed 360 EFLOPS, with a three-year compound growth rate of 20%. IDC data shows that in the first half of 2023, China’s artificial intelligence server market reached $3 billion, an increase of 55.4% year-on-year. According to IDC’s forecast, during the period 2022-2027, the annual compound growth rate of China’s intelligent computing power will reach 33.9%, and the annual compound growth rate of general computing power will be 16.6% during the same period. It is expected that by 2030, the global computing power driven by artificial intelligence will increase by 500 times, and a 100 billion-level intelligent computing power blue ocean market has quietly opened.

  4. Advance technological innovation in depth and shape new development drivers and new advantages

  With the increasing emphasis of the state on the application and innovation of information technology, the Xinchuang industry has become an important force to promote the development of the digital economy. The development of the Xinchuang industry is an inevitable trend to establish an independent and controllable information technology infrastructure and standards. The application fields of the Xinchuang industry are extensive, including party and government, finance, telecommunications, petroleum, electric power, transportation, aerospace, hospital and education. With the continuous advancement of the construction of Xinchuang in various industries, Xinchuang products will penetrate more core business scenarios, which will bring huge market demand and development space for the Xinchuang industry. The national level and local governments have issued a series of policies to promote the development of the Xinchuang industry, including encouraging technological innovation, strengthening industrial collaboration, and optimizing the business environment. The implementation of these policies will provide a good development environment and strong guarantee for the innovation industry. In 2023, the Beijing Municipal Bureau of Economy and Information Technology issued the "Three-Year Action Plan on Building a National Innovation Industry Highland (2023-2025) ". By 2025, Beijing will take the lead in building a high-quality development system for the innovation industry with leading technology, enterprise agglomeration, outstanding programs and complete services, creating 100 innovation application scenarios, gathering 400 innovation enterprises, attracting and training 10,000 industrial talents, and the scale of the innovation industry will exceed 100 billion yuan. According to the Prospective Industry Research Institute, the market size of China’s innovation industry may reach 5.9054 trillion yuan by 2029. With the continuous progress of technology and the continuous expansion of the market, for example, the rapid development of new generation information technologies such as artificial intelligence, big data, and cloud computing will provide more powerful technical support and broad market space for the innovation industry, and the innovation industry will also usher in more development opportunities. Since its establishment, Oriental Guosen has always adhered to independent research and development and technological innovation, actively integrated into the innovation industry ecosystem, and helped enterprises with digital transformation. In the future, it will continue to contribute its own strength on the road of domestic production.

  5. Industrial Internet integration and innovation, injecting () into economic development

  The Industrial Internet is the product of the deep integration of new generation information technology and manufacturing represented by big data, cloud computing, artificial intelligence, 5G, and the Internet of Things. The development of the Industrial Internet has promoted the comprehensive breakthrough and iterative innovation of digital technologies such as 5G, cloud computing, big data, and artificial intelligence. The progress of these technologies has provided strong technical support for the application of the Industrial Internet and promoted the deep integration between industries. The Industrial Internet is an important infrastructure for the digitalization, networking, and intelligent development of the industry. The application of the Industrial Internet has been expanded to 45 national economic categories, covering more than 85% of industrial categories. Through new models such as digital management, platform-based design, and intelligent manufacturing, the digital level of all aspects of production and operation has been promoted. As a key foundation for the deep integration of the digital economy and the real economy, the Industrial Internet is a strategic infrastructure for new industrialization and the key to the accelerated formation of new quality productivity. The national level has attached great importance to the development of the Industrial Internet. A series of policy documents and measures have been issued, providing a strong guarantee for the development of the Industrial Internet. At the same time, with the increasing demand for digital transformation by enterprises, the market demand for the Industrial Internet will continue to expand.

  Dongfang Guoxin has a leading and perfect layout in the field of industrial Internet, and has been among the national industrial Internet dual-cross platforms for many consecutive years. In the future, the company will continue to promote the application and popularization of industrial Internet platforms, build platform ecology, and strive to become an industrial Internet platform with international influence.

  

  II. Main activities of the company during the reporting period

  Dongfang Guoxin is a high-tech software enterprise focusing on core technologies in the fields of big data, artificial intelligence, cloud computing, etc. The company’s main business is to provide customers with enterprise-level big data, artificial intelligence, cloud computing, industrial Internet and other platforms, products, services and industry-wide solutions. In terms of technology products, based on cutting-edge technologies such as big data, artificial intelligence, cloud computing, industrial Internet and 5G, we provide related technology products including data collection, data storage calculation, data analytics mining, data governance management and control, data application, cloud basic services and application development platforms; in terms of industry solutions, based on the company’s years of business experience, we provide customers in communications, finance, industry, government and public safety industries with a full set of solutions and technical services covering data, products, platform applications to services, to help customers form high-quality data assets, explore deep value of data, improve resource utilization and service capabilities, so as to obtain higher production efficiency and operational benefits, and help enterprises transform into digital intelligence.

  (1) The company’s main technologies and products

  1. Big data

  As a pioneer in the field of big data, Orient Guosen adheres to the development strategy of innovation and technology leadership, provides customers with efficient and reliable intelligent digital solutions, helps enterprises build a complete big data ecosystem, and helps them realize their digital transformation vision. Orient Guosen’s big data technology system covers data sensing and acquisition, storage computing, governance and control, application and operation.

  In terms of data awareness collection, Orient Guosen pushes data collection, processing and analysis to the edge of the network through edge computing platform and Cloudiip-Link gateway family products, reducing latency and improving business response speed.

  Big data storage computing capabilities include cloud-native multi-modal data infrastructure, CirroData database family products, and enterprise-grade HADOOP BEH products. These products use container technology to help enterprises establish cloud-native storage computing capabilities that are separated from storage computing, scalable, high-performance, highly reliable, and meet the requirements of Xinchuang, reducing infrastructure operation and maintenance costs.

  In terms of big data governance and control, Orient Guosen provides an enterprise-level data governance platform, guided by data standards, and realizes data asset operation and full value release through metadata-driven data modeling specification implementation, unified integration of polymorphic data, and effective data quality control.

  The big data application field includes data science platform and digital twin platform. The data science platform provides full life cycle management capabilities such as Excel self-service data exploration, visual drag-and-drop report development, AI model training/evaluation/reasoning, etc., to help enterprises quickly discover the value of data and intelligently drive business. The digital twin platform closely connects the physical world and the digital world by simulating real production and business scenarios, providing real-time data simulation and analysis capabilities.

  In terms of big data operation, Oriental Guosen provides a digital marketing and sales integration platform, using big data analytics, sales lead management, user portrait insights and other means to help enterprises accurately locate target customers, formulate personalized marketing strategies, and end-to-end tracking of lead execution to expand market opportunities.

  2, artificial intelligence and large models

  (1) Oriental Guoxin big language model

  Dongfang Guosen has built a comprehensive large-scale model ecosystem to meet various AIGC application scenarios. Provide users with an integrated large-scale model solution that integrates large-scale model training, engineering suites, applications and services.

  Large model training and promotion platform: provide bare computing power platform, training platform, inference platform, data annotation platform, comprehensively manage software and hardware resources, and open up all the processes of building large models in vertical fields;

  Big Model Engineering Suite: Provide a complete big model engineering suite, through dialogue engine, knowledge base engine, process configuration engine, capability integration engine, service open reference, to make up for the shortcomings of big model "illusion" and "bias", and improve the objectivity, accuracy and credibility of big model;

  Large-scale model applications: several large-scale model application products such as TuringMind, TuringLang, and TuringDocQA are used to solve industry problems for customers in several scenarios such as ChatBI, intelligent customer service robots, and document intelligent Q & A.

  (2) Oriental Guoxin visual model

  Based on the SAM (Segment Anything Model) basic model, BonSARM is developed for industrial fragmentation scenarios. It has the capabilities of small sample object detection, image analysis based on sample-free image segmentation, target object dense counting, and intelligent labeling of empowered samples. It solves the bottleneck of traditional model construction that cannot be modeled without target positive samples. It can effectively reduce the modeling cost of CV models and improve the application effect. BonSARM visual model has been applied to smart mine water exploration and drainage, bottom coal bunker plug identification, imaging analysis in ferrosilicon smelting furnace, industrial quality inspection sample classification and counting, customs smart supervision project container, cargo counting and many other scenarios.

  (3) AI core capabilities

  Data Science Cloud Platform is an end-to-end data science and AI platform for enterprises. It is a project-based closed-loop system that supports team collaboration. It provides full-process services from data access, data processing, exploration and analysis to model training, model evaluation, and model deployment. The platform encapsulates SPSS full native algorithms, mainstream open-source algorithm frameworks, and mature algorithms precipitated internally by Dongguoxin, making it easy to build and train enterprise-level data analytics models on a large scale. The company extracts the wide range of general requirements to build AI application products based on the results of years of deep cultivation in the AI field. CVLab provides a general vision algorithm model cloud API, covering text analysis, human-machine-non-recognition, security deployment and other scenarios; ISeeOCR realizes multi-class form structuring capabilities with the help of OCR engine; NLAP integrates general natural language algorithm models to provide visual pages, which are easy to use; BONSpeech packages automatic speech recognition and voiceprint recognition engines to provide services for audio-to-structured data.

  3. Cloud computing

  (1) Cloud business product line

  BONCLOUD, the cloud computing business of Dongfang Guosen, is a Cloud as a Service platform built on Dongfang Guosen’s years of cloud computing technology research and development and service accumulation, combined with high-quality data center resources. The company combines more than 20 years of experience in enterprise-level IT and big data services, and has a comprehensive layout in enterprise-level markets such as industrial Internet, government affairs, and finance. It can provide integrated, automated, and intelligent end-to-end delivery solutions from server cabinet leasing, bare metal to private cloud, public cloud, and hybrid cloud. Cloud business realizes global security monitoring and early warning, real-time risk discovery and precise threat positioning, guarantees system and data security, and professionally serves thousands of internal and external customers.

  (2) AI intelligent computing center product line

  Based on years of industry experience and cloud technology accumulation, as well as Beijing and Inner Mongolia and Lingle National Eastern Digital and Western Computing Hub node data center resources, Oriental Guoxin self-sustains more than 1500P of intelligent computing power resources, combined with existing cloud business R & D and operation team capabilities, and independently develops and builds AI intelligent computing centers. It has formed a large-scale intelligent computing power service capability, providing users in the field of AI intelligent computing with the intelligent computing power required for generative and discriminative model training, fine-tuning, and inference. Based on the company’s technological accumulation in the field of artificial intelligence, it can provide users with computing power rental services for generative and discriminative AI, large-scale models, meta-universe, high-performance computing, creative rendering, Cloud gaming, and many other usage scenarios. It can also package intelligent computing power hardware, training platform software, vertical industry large-scale models, and application software products into large-scale model all-in-one machine products, providing end-to-end intelligent computing application solutions and customized services.

  (3) Staff intelligent computing cloud product line

  For small and medium-sized enterprises, scientific research institutions, colleges and universities, individual developers and other C-end and B-end customer groups, we provide flexible elastic GPU computing power Cloud as a Service, which can use elastic GPUs to deploy applications such as AIGC, deep learning, Cloud gaming, rendering mapping, meta-universe, HPC, etc. Cost-effective, fast and flexible, and many application templates to provide computing power support for building artificial intelligence and literary images.

  Staff Intelligence is a cloud computing platform that provides developers with strong computing power, high elasticity, and low-cost computing power resources. It aims to build an ecosystem and empower developers based on software and hardware strength through its self-built AI computing power center and shared computing power resource model. As a cloud computing product specially designed for the field of deep learning, Staff Intelligence has received extensive attention for its high-performance computing, flexible resource scheduling, data storage and transmission optimization, and rich algorithm libraries. Staff Intelligence also provides automated model training and tuning functions, which greatly shortens the development and iteration cycle and improves the model effect and performance. Staff Intelligence can provide a variety of computing power options to meet the computing needs of different scales and requirements. Users can choose different computing power cloud packages according to their needs to achieve on-demand use, elastic expansion, and significant reduction in computing costs. When deploying deep learning models such as Stable Diffusion, the high-performance computing cluster of Staff Intelligence Cloud can accelerate the training and inference process of the model. Staff Intelligence provides powerful computing power and resource support for artificial intelligence and deep learning, becoming a key force driving innovation and application.

  Staff Smart Computing Product User Interface

  4. Industrial Internet

  Based on the innovative model of "big data + industry", Cloudiip integrates cutting-edge technologies such as artificial intelligence, cloud computing, Internet of Things, and mobile Internet, and integrates industrial data collection, access, computing, storage, service, development, and application. It provides industrial enterprises with solutions such as digital transformation, production control, process optimization, and intelligent manufacturing.

  The core products of the Cloudiip platform are all independently developed by the company and have complete autonomous and controllable capabilities. In terms of hardware, the platform provides 13 types of self-developed intelligent sensors, edge intelligent gateways, edge all-in-one computers, 5G core network and 5G access network, and realizes the independent ability of cloud, network, edge and end integration through the Oriental Guosen cloud platform. In terms of software, the IoT platform, big data platform, artificial intelligence platform, application development platform and analytical database contained in the Cloudiip platform have all been productized, and have formed an integrated service capability through deep integration.

  5. 5G communication

  Driven by the 5G + Industrial Internet Strategy and Development, Dongfang Guosen has independently developed 5G products such as 5G small base stations, 5G core networks, and 5G end points to provide 5G private networks for industry customers. In addition to providing traditional communication between people and people, it focuses on the collection and transmission of IoT sensor data and video data. Traditional PLCs, high definition cameras, AGVs, unmanned vehicles, drones, inspection robots, AR/VR equipment and other industry equipment, by embedding 5G modules or accessing 5G networks through 5G end points, transmit data to edge clouds or central clouds, combined with Guoxin’s industrial Internet platform Cloudiip and artificial intelligence platform, to achieve cloud-side network integration and intelligence, and provide 5G + industrial Internet industry application overall solutions.

  Dongfang Guoxin’s 5G products include three series: access network, core network, and industry-customized 5G end point (such as). In addition to traditional low-power base stations for indoor coverage and high-power base out-of-app for outdoor coverage, it has also developed special products in sub-sectors in depth to industry needs. For example, for coal mine scenarios, it has developed the first domestic intrinsically safe 5G integrated leather base station for mining, and for emergency vehicle/drone load/shoulder scenarios, a 5G portable base station that highly integrates 5G core network, 5G base station and dispatching unit. In addition, in order to meet scenarios such as offshore long-distance communication, a high-power 5G end point with a communication distance of up to 50 kilometers has been developed.

  (2) The company’s main industry applications

  1. Communication field

  In China Unicom, Oriental Guosen is the key IT support manufacturer for China Unicom’s digital transformation. With big data and intelligence as the core, the company undertakes the construction of Unicom’s data base to pull through global data such as enterprise operation, network, and management, so as to realize the smooth flow of the whole chain of data collection, integration, extraction, and service. On the basis of big data capabilities, the company has deeply participated in the intelligent operation construction of various business scenarios, actively introduced artificial intelligence technologies such as AIGC, and supported the implementation of digital transformation action plans including the public, government and enterprises, network, customer service, management, and process governance, and realized the intelligent operation of thousands of scenes and the high-quality development of Unicom’s business with "new quality productivity". In addition to the IT service model, Orient Guosen also provides business operation services to customers, which has become a new growth engine by increasing business metrics and collecting commissions.

  In (), Dongfang Guosen provides global digital transformation related solutions covering the BMODE domain to the group and provinces across the country. Based on the "digital platform", it customizes digital solutions for the group and provincial companies, with full capabilities from product delivery, data and business operation, system integration, and customized services. In terms of digital platform, it mainly consists of three parts: "data middle platform", "AI middle platform", and "central product platform". Relying on three middle platforms, it provides scenario-oriented digital intelligence solutions for marketing, enterprise management, and cloud network operation. Combining data and AI capabilities, it provides scenario-oriented digital intelligence solutions.

  In (), Dongfang Guosen has been deeply involved in the big data market of the group and provincial companies for a long time, and its business covers data warehouse, data mid-platform, business analysis, grid management, marketing services and other related projects and product delivery. At the same time, on the basis of consolidating its advantages in the field of big data, it actively expands the management domain (M domain) market, undertakes the localization transformation project of China Mobile’s centralized HR system, and realizes the localization replacement of the original foreign enterprise system. After years of deep cultivation, in the Chinese mobile market, it has explored three profit models: direct product installation, continuous development of customized software requirements, and DICT cooperative delivery, which has realized the healthy development of mobile market business and continued driving of internal and external industry markets.

  2. Financial sector

  In the financial field, Orient Guosen provides eight core solutions to help the digital transformation of Financial Institution Group and contribute to the integration of digital economy and real economy in our country. Orient Guosen has built a financial big data platform, financial big data application, mobile Internet financial platform, artificial intelligence platform, full interface regulatory reporting platform, comprehensive audit platform, financial cloud computing platform, Internet of Things industry and finance platform and other products and solutions in the financial field, successfully serving 300 domestic banks and Financial Institution Groups.

  In terms of financial big data, Oriental Guoxin has a full ecological product system of big data, among which the self-developed new generation of distributed cloud database CirroData, enterprise-level big data platform data cloud, enterprise-level data lake BELAKE, etc. are the core products of Oriental Guoxin, helping Financial Institution Group digital transformation; in terms of financial big data application, Oriental Guoxin provides large retail and large-to-public central product platform solutions for Financial Institution Group to digitally empower business; in terms of mobile Internet, Oriental Guoxin provides Financial Institution Group with a full range of solutions covering the front end of electronic channels, channel integration end, and Internet core system; in artificial intelligence, Oriental Guoxin Turing engine is oriented to Financial Institution Group provides easier data science operation experience, truly making artificial intelligence within reach, while Oriental Guosen is committed to the construction of a large language model ecosystem and its application in vertical fields such as finance; in addition, Oriental Guosen has mature products and successful cases in the fields of regulatory compliance, risk audit, cloud computing, Internet of Things, etc.

  In the insurance industry, the company sells software products, provides customized software development and services for insurance groups, life insurance, property insurance, credit insurance, reinsurance, and insurance intermediaries; and provides one-stop intelligent marketing platform SaaS services for insurance intermediaries. The company relies on its technical and business advantages in big data, artificial intelligence and other fields to help insurance customers practice digital transformation. The construction scope includes insurance core (underwriting, post-insurance), big data platform, data asset management, regulatory reporting, Customer relationship management, precision marketing and marketing automation, risk management, personnel assessment and evaluation, mobile exhibition, Client Server mobile application and other systems.

  3. Industrial field

  After a long period of cross-industry and cross-field practice, Dongfang Guoxin Industrial Internet Platform has become an industry leader. Its comprehensive service capabilities cover multiple fields, including ferrous metals, coal, electric power, oil and gas, new energy, mining, petrochemical, home appliances, heat and gas industries. At the same time, it also penetrates into many fields such as safety production, energy conservation and emission reduction, quality control, supply chain management, R & D design, production and manufacturing, operation management, warehousing and logistics, and operation and maintenance services.

  Through the application of intelligent technology, the Oriental Guoxin Industrial Internet Platform provides a series of solutions, such as intelligent coal mines, smart power plants, smart ironmaking, smart cement, smart energy, intelligent catalyst management, intelligent equipment inspection, intelligent product quality inspection, and intelligent manufacturing digital factories, etc., to achieve information collaboration, digital management, transparent display, and intelligent operation of industrial enterprises in production, safety, and operation.

  Through the Dongfang Guoxin Industrial Internet platform, enterprises can improve efficiency and productivity, reduce risks in the production process, improve product quality and management level, and help enterprises optimize production processes, improve resource utilization, and achieve a win-win situation for both economic and social benefits.

  4. Government sector

  Dongfang Guosen actively implements the digital China strategy in the government field, gives full play to the company’s big data technology and service advantages, and provides overall digital transformation solutions to government entities and large central state-owned enterprises driven by data elements. It consolidates the ability of an integrated digital base to fully support the digital government and enterprise digital transformation construction. In the field of government digitalization, the company builds an integrated government big data system, builds a vertical business application system in the government industry, and builds a new generation of digital government application system for leadership cockpit auxiliary decision-making. In the field of enterprise digital transformation, focusing on the comprehensive digitalization goal of enterprise operation and management, it creates a digital base that runs through the whole chain of production, R & D, management and operation for enterprises, accelerates the improvement of enterprise digitalization level, and escorts the digital transformation of enterprises. Focusing on city/park brain, government big data, municipal social governance, smart cultural tourism, safe campus, smart medical insurance, smart emergency, smart community, digital housing construction and other government industry solutions and application services, while continuing to carry out integrated affordable housing operation, enterprise digital base, enterprise digital brain and other business development, through project construction to provide customers with mature software platform products, customized industry application development services, data engineering services, has been achieved in Beijing, Shanghai, Tianjin, Jiangsu, Gansu, Heilongjiang, Anhui, Liaoning, Shenzhen, Dongguan, Xuzhou, Mianyang, Hohhot, Jinan and other more than 30 provincial and municipal governments and key enterprises across the country to achieve project landing and profit.

  

  III. Core competitiveness analysis

  The company is a technology-driven big data high-tech enterprise. Through continuous R & D investment, the company has enhanced the competitiveness of its software products and technical service capabilities for multiple industries. Through a series of core technologies such as big data, artificial intelligence, cloud computing, industrial Internet and 5G, the company has made Oriental Guosen a rare high-tech enterprise in the industry that uses independent research and development as a means to build a strong technological competitive advantage. The comprehensive application of these technologies has enabled Oriental Guosen to provide customers with more accurate, efficient, high-quality and intelligent services, winning wide recognition from customers.

  1. A complete and self-controlled industry-leading new generation of IT technology system

  Dongfang Guoxin has been focusing on the field of big data business for more than 20 years. Through 20 years of independent research and development, it has now formed five fully autonomous and controllable technology systems with data computing technology as the core. The company’s products have successfully replaced IOE products in many fields and have the strength to replace foreign software manufacturers.

  (1) Big data technology system: In the field of big data system and tool technology, the company has the ability to provide data platform construction and operation and maintenance services for customers with a large amount of data. The big data systems, databases, tools and application software stacks involved are all self-developed by the company; it has the technical accumulation of multi-modal data collection, storage, calculation and service, and can provide a variety of computing engine services for different application scenarios to meet different types and different timeliness data computing needs; it has enterprise-level data quality, data assets and data security management capabilities, and can realize multi-center data operation management across domains and computer rooms.

  In the field of big data application technology, it provides O2O () integrated, automated and intelligent big data application system construction services for enterprises with business as the core. It can quickly realize the business and data connection between the middle and back-end systems; standardize online business process formulation through software definition; help enterprises get through multi-channel product sales and service touchpoints through data-driven concepts and technologies; have online system development capabilities such as e-commerce platforms and mobile APP applications; have location-based service, docking with third-party payment, QR code and other capabilities; have large-scale information mobile APP application operation capabilities for end users.

  (2) Artificial intelligence technology system: for telecom operators, finance, insurance, industry, scientific research institutions and other enterprise customers, for data science and artificial intelligence application development is difficult, high cost, low efficiency, and the model can not be traced back to the source, data can not pass through, ability can not be called on demand, computing power can not be unified management and other issues, for data science and artificial intelligence algorithm engineers, data development engineers and business personnel to provide a one-stop collaborative multi-tenant cloud platform, open up communication and collaboration barriers between different types of work, improve data science, artificial intelligence application development efficiency. Realize low threshold and high quality development of deep learning models through automatic learning technology combined with low code; Use key technologies of high-performance communication protocols to improve the training efficiency of large-scale deep learning models; Automate adaptation of heterogeneous computing power on the cloud side through deep learning model compilation and tailoring technology implementation, and open up the automatic collaboration between cloud intelligence and edge intelligence. With video, image, text and voice artificial intelligence algorithm analysis and application system development and construction capabilities, it can be integrated with enterprise-level big data application systems and utilize artificial intelligence empowered applications.

  (3) Cloud computing technology system: Provide public cloud, private cloud, and hybrid cloud platform construction and operation and maintenance services for government departments and industry customers with big data management needs, and solve the problem of cloud application systems and big data. The company has the ability to build industry public cloud, enterprise private cloud and hybrid cloud; relying on self-built cloud computing data centers, it comprehensively provides standardized public Cloud as a Service products at all layers of IaaS, PaaS, and SaaS. Network resources are directly connected to national-level Internet backbone points in one jump, aggregating and dredging regional and even national inter-network communication traffic, which can provide high-quality network services for public cloud customers. Support bare metal service (Bare Metal Server, BMS), can provide exclusive GPU physical server on the cloud, and support ARM structure CPU server, providing abundant computing performance for key application systems, high-performance computing, AI and big data services. Help enterprises realize AppCloud rapid migration; China is the first to realize cloud-based heterogeneous data storage computing capabilities; China is the first to realize multi-tenant cloud-based application construction capabilities.

  Utilize cloud-native technologies to enhance the company’s existing big data, artificial intelligence, industrial Internet, and 5G communication software, and realize the SaaS transformation of data-driven tools and applications on Dongguoxin Cloud; integrate DevOps concepts and process management methods to provide developers, operators, and operators with a unified application assembly platform, simplifying and automating application release, delivery, and operation and maintenance management. Use the cloud link platform to monitor and analyze the health status of the above platform software and application operation, and analyze and predict problems in a link manner and provide effective solutions.

  (4) Industrial Internet technology system: Based on the innovative model of "big data + industry", and integrates cutting-edge technologies such as cloud computing, Internet of Things, big data, mobile Internet, artificial intelligence, etc. The platform integrates industrial data collection, access, calculation, storage, service, development, and application. It closely focuses on the concept of creating value for customers. Based on data, with equipment control and process optimization as the core, it has realized mature solutions covering cross-industries such as ironmaking, cement, power, energy, and manufacturing. At the same time, it covers industrial core areas such as material formulation optimization, production process management, equipment fault diagnosis, process optimization, product quality control, and service efficiency improvement.

  (5) 5G Technology System: Orient Guosen is facing the needs of 5G + Industrial Internet Strategy and Development, and independently develops 5G small base station, 5G core network, 5G edge equipment (intelligent gateway, robot), MEC edge computing platform. Provide 5G private network for industry customers through 5G small base station and 5G core network, use 5G edge equipment to realize the collection of sensor data and video data, and sink resources, computing and applications to the enterprise edge through MEC edge computing platform. Through 5G network, 5G edge equipment, MEC edge computing platform, combined with Guosen’s industrial Internet platform Cloudiip, realize the collaborative integration of cloud side network end, and provide 5G + industrial Internet overall solution based on 5G industry private network.

  2. Cross-industry massive data integration governance, processing and service capabilities

  As an independent third-party data processing and processing professional company, the Dongfang Guosen construction system processes an average of 3 trillion pieces of data per day, helping customers inquire about 70 trillion pieces of data. The largest scale of the big data platform nodes built exceeds 30,000, and the real-time response time reaches the millisecond level. Using the company’s self-developed data governance and service professional tool suite, as well as years of large-scale data warehouse modeling theory and experience, relying on the company’s CirroData line cloud database system and big data technology system, it is built into a "data cloud" platform product. Therefore, a complete cross-industry and cross-domain big data comprehensive management capability has been formed, with massive data processing capabilities and reliable processing efficiency. It can also handle petabyte-level data with ease, realizing the monetization path from big data technology to data value.

  3. Utilize new technologies and concepts to empower traditional industries

  (1) Closely integrate artificial intelligence with telecom operators, smart cities, finance and other business applications. Use machine learning algorithms to deeply analyze operational data, find business problems and adjust business strategies in a timely manner; use deep learning algorithms to strengthen telecom operators’ analysis of unstructured data, greatly reduce labor costs on the basis of ensuring accuracy, and improve the efficiency of telecom operators in IT, management, marketing, network, marketing and security. Combine artificial intelligence algorithms with urban scenes to make urban life safer and more convenient through video monitoring and recognition technology.

  (2) Deep integration of big data analytics mining and modeling capabilities with various industrial sectors.

  (3) Introduce low-code development concepts and technologies into the industrial Internet.

  (4) Use the online and offline dual platform mechanism to solve the problem of artificial intelligence scene fragmentation. Oriental Guosen timely launched two products, "Turing Federation" and "Turing Engine", to achieve artificial intelligence landing.

  4. Rich and diverse industry and field big data end-to-end solutions

  The company continued to deepen on the basis of the communication big data platform, and launched solutions for data mid-platform and AI mid-platform strategic planning on the basis of two products: "Data Cloud" and "Turing Engine"; dug deep into the value of data, and used artificial intelligence technology to empower customer business, forming a series of AI + business solutions such as AI + business decision-making, precision marketing, Client Server, network transportation, etc., to help operators continue to innovate in traditional business and improve the level of management, operation, and service refinement; in the field of finance and insurance, marketing cloud, customer insight, precision marketing, customer portrait and other systems have been fully realized and blossomed, successfully expanded a number of important customers, helped customers achieve digital transformation, and achieved a double breakthrough in depth and breadth In the field of civil aviation, the company has successfully landed on the airport intelligent data platform and civil aviation government information system, achieving breakthroughs in the field of civil aviation; in the port field, the dangerous goods management system and the port big data platform have landed in many important ports in the country to help customers improve the level of big data and intelligence; in the field of smart cities, it has continued to promote the implementation of IOC solutions. The project covers more than 20 key provinces, cities and regions across the country, and has successfully built benchmarking projects in the north, Shanghai, Guangzhou and Shenzhen; in the direction of digital government, it has obtained Huawei’s "Certified Service Solution Partner Preferred Level" (Preferred Level CSSP) and "Huawei Preferred Solution Partner" certification; in the field of public security, a major breakthrough has been made, based on the big data products and technology system of Oriental Guoxin It has achieved landing in the fields of public safety structured data processing and data application system, video big data and intelligent AI application system, combat command, public security management and "Internet +" policing, and fully serves the public security field "fight, prevent, manage, control and serve", laying a solid foundation for Dongfang Guosen to enter the public security field; Dongfang Guosen Cloudiip industrial Internet platform has been continuously selected as one of the top ten cross-industry and cross-field industrial Internet platforms in the country, and has undertaken the construction of multiple regional industrial Internet platforms. Successfully landed in professional fields such as metallurgy, electric power, energy, ironmaking, automobile manufacturing, and general equipment.

  5. High-quality customer base and rich industry experience and capabilities

  Dongfang Guoxin has been deeply involved in the field of enterprise and government informatization for more than 20 years. It has a deep understanding and rich experience in the business form, business needs and working mode of enterprises and government customers in various industries. The company is the first in the industry to realize the strategic layout of big data + industry. The business layout covers communications, finance, government, industry, public safety and other fields, and serves nearly 1,000 high-quality customers. The company serves more than 300 banks, and the mobile bank has the largest share in the country. Customers in telecommunications, finance, government and other fields have complex business and huge data volume. There are many IT systems. The trial and error costs of customer big data establishment are very high, so the requirements for big data manufacturers are extremely strict. After more than 20 years of tempering various large-scale informatization projects, Dongfang Guosen has established a complete three-level Client Server system, which guarantees the stable operation of customer projects from various aspects such as personnel organization, project process control, technical support, code and document standardization. At the same time, it has established a variety of service response methods, which can provide customers with remote technical support services, on-site technical support services, full-time technical teams, consulting services and other technical support services. Guarantee the high efficiency and high quality delivery of customer projects. With its leading technology and solutions, the company has played an important role in the business development of customers, won the trust and recognition of customers, and established long-term strategic cooperative relations with customers.

  6. New intangible assets

  As of the end of the reporting period, the company (including subsidiaries) has obtained a total of 1,200 software copyrights and 88 patents. During the reporting period, the company counted 90 new software copyrights and 15 new patents.

  As of December 31, 2023, the company’s significant national and industry qualifications were as follows:

  (1) Oriental Guoxin

  (2) Shanghai Yitong:

  (3) Yanhuang Nova:

  (4) Beike Yili:

  (5) Dongyun Ruilian:

  

  IV. Main business analysis

  1. Overview

  The digital economy has become one of the important strategic directions of the country. The state has formulated a series of digital economy development plans and policies and measures to support enterprises and industries to achieve digital transformation and improve production efficiency and competitiveness. The new round of scientific and technological revolution and industrial transformation has opened up a broader space for the development of Oriental Guosen. The company actively grasps the new opportunities brought by the development of the digital economy. With the company’s five major technical systems of big data, artificial intelligence, industrial Internet, 5G and cloud computing as the core, it adheres to technological product innovation, empowers the digital intelligence engine for industry customers, and helps the digital economy

  In-depth integration with the real economy, we strive to achieve higher quality, more efficient and more sustainable development between the company and our customers. During the reporting period, due to factors such as the macroeconomic and market environment, the delay, delivery and acceptance of bidding for some projects of the company were affected. The company was guided by market demand, gave full play to its core competitiveness, and actively grasped market opportunities brought by national policies and new technologies, achieving growth in revenue scale. The company uses cutting-edge technologies such as big models to comprehensively help operators achieve intelligent upgrades, such as building intelligent interactive robots with big models as the technical base, replacing manual customer service to solve most consulting problems, realizing self-service, helping enterprises upgrade customer service experience, improve service efficiency, and reduce labor costs; promote the business integration of AI technology and operators, and help operators build an efficient, economical and scalable AI ecosystem to improve business efficiency, reduce costs and improve user experience. In 2023, the company will achieve operating income of 1.077 billion yuan in the field of operators, an increase of 5.18% year-on-year, accounting for 45.20% of revenue. Financial technology has become an important driving force for the all-round development of the digital economy in the financial industry. The company continues to deepen the strategic layout of the financial industry. On the one hand, it does a good job in Client Server, establishes the reputation of the industry, and steadily expands financial marekt; on the other hand, it deeply cultivates the high-tech ecosystem of the whole chain, integrates innovative financial scenarios, and provides forward-looking digital transformation support for financial customers. In 2023, the company achieved operating income of 717 million yuan in the financial sector, an increase of 11.55% year-on-year, accounting for 30.09% of revenue; in 2023, affected by factors such as global economic weakness, trade friction and rising costs, the growth rate of the industrial sector slowed down and the profitability of enterprises declined. Despite the continuous strengthening of policy support and technological innovation, problems such as weakening market demand and overcapacity are still prominent. These factors led to a 14.26% year-on-year decrease in the company’s income in the industrial During the reporting period, the company increased R & D investment in artificial intelligence, cloud computing and other fields, promoted the implementation of new technologies in industry application scenarios, and strengthened market development. During the period, the cost increased year-on-year. In 2023, the company set aside 242.2901 million yuan in goodwill impairment provisions and inventory impairment provisions totaling 373.9358 million yuan.Impact on the company’s net profit. Although the company suffered a loss in net profit in 2023, the company’s net operating cash flow was 322 million yuan, which remained basically stable compared with the same period last year. The company attaches great importance to the cash generation ability of daily operating activities, and steadily promotes various strategic plans. By optimizing business processes, improving operational efficiency, and strengthening accounts receivable management, the company ensures healthy, stable and sustainable development. During the reporting period, the company’s main operations are as follows:

  (1) Strengthen business focus, deepen cornerstone business, and deeply empower customers to digitally transform

  1. Communication field

  (1) China Unicom

  Focusing on China Unicom’s digital intelligence transformation and high-quality development strategy, the company faces the group, accelerates the exploration and application of new technologies and new businesses, focuses on empowering first-line data as the core, focuses on strengthening the smart brain, improving smart operation, and realizing the three major projects of safe production. From the aspects of big data product system, high-quality data supply, and intelligent data application, it helps to promote China Unicom’s digital capabilities to be fully usable; for molecular companies, actively applies new technologies such as AIGC, builds customer-centric scenario-based operations and first-line empower support systems, and explores the innovative model of big data realization in the field of cooperative operation of operators to help customers achieve high-quality development. During the reporting period, the company gave full play to its advantages of high technological innovation efficiency and strong business innovation ability, focused on customer business pain points, fully combined with AIGC related technologies, quickly formed new product system capabilities for marketing, management, network, customer service, etc., and realized the market layout of 10 + provincial branches; optimized the operation system, dug deep into customer needs, and formed efficient operation and service capabilities. Create an integrated two-level production of big data production standard system, and build a "central kitchen + N" data service operation model.

  (2) China Telecom

  During the reporting period, the company fully focused on the digital intelligence transformation of China Telecom, seizing the core platform and application of digital intelligence transformation. On the one hand, accelerate the incubation and promotion of mature products, accelerate the mature application promotion of data mid-platform, AI mid-platform, and related marketing digitalization; on the other hand, increase innovation and research and development efforts, increase investment in cloud network self-intelligence, AI big model, etc., to achieve intelligent empowerment. The company established three professional lines of marketing, management, and network digital transformation. The marketing line has made progress in new projects in eight provinces; the management line has made breakthroughs in financial digitalization; the network line has also achieved zero breakthroughs in network data governance and cloud network brain. In addition, the company has made great progress in Anhui Telecom in terms of AI and large models; digital employees have been landed in Anhui and Guangdong; Cloud Network Zhixing Brain has successfully won the bidding and entered the implementation stage in Gansu; related digital operations based on digital home are in progress.

  (3) China Mobile

  During the reporting period, while stabilizing China Mobile’s core position in the field of big data, it successfully won the bidding for the fourth phase of China Mobile’s centralized human resources system, realized the full replacement of the products and capabilities of the three foreign companies, carried China Mobile’s 60 + branches, and 500,000 + employees’ human management, compensation, performance, training and other capabilities and services. The company deeply participates in the construction of China Mobile IT’s network-wide big data platform and distributed cloud-side collaboration platform, and participates in the core data collection, processing and service of B, O, M, and S domains. At the same time, the company’s enterprise-level HADOOP platform products are the core data warehouses that carry China Mobile’s network-wide B-domain data. The number of cluster nodes exceeds 3000 +, and the average daily operation volume exceeds 200,000 +. The network-wide content insight center built on the IT company’s cloud-side collaboration platform realizes the coordination of cloud-side scheduling, data, and services. At the same time, through the national co-construction and sharing strategy, the breadth and depth of platform analysis are improved, the capacity sharing and reuse of the whole network is realized, and new technologies, new capabilities, and new model incubation In 2023, the company will focus on the transformation of customer digital intelligence applications. Focusing on real-time marketing, grid operation, Client Server, smart management, and smart mid-platform for government and enterprises, it will continue to build big data + and AI + ecological projects, extend big data capabilities to business applications, and accelerate the digital intelligence transformation process of traditional business applications. Relying on the foundation and capabilities of the IT company’s network-wide big data platform, it will create a professional field data warehouse for traditional business applications, especially in the fields of Client Server, financial management, and internal audit. It has formed a number of excellent practices in headquarters-level smart applications. At the same time, combined with the empowerment of AI + business scenario model, it has achieved breakthrough results for related businesses, and quickly formed the first-mover advantage of headquarters benchmarking applications to provinces and rapid replication. At the same time, based on the deep cultivation and potential of China’s mobile market, the business has gradually extended to new areas such as management informatization, network management, government and enterprise services, market operation, and data operation.

  2. Financial sector

  (1) Banking industry

  During the reporting period, the company vigorously developed its financial digital transformation business, and combined with its own research and development advantages, it made important breakthroughs in the field of financial big data, big data application field, mobile Internet field, regulatory compliance field, and financial risk control field.

  In the field of localized distributed databases, the company’s self-developed distributed cloud database CirroData focuses on core technology innovation and fully adapts to the Xinchuang ecosystem. In 2023, while steadily improving the performance of CirroData-AP products, CirroData will help CirroData expand full-stack services and improve user experience based on HTAP. CirroData steadily expands the influence and share of the financial industry, and continues to provide stable database support capabilities for various important systems of many commercial banks.

  In the field of financial big data, the company has further deepened the continuous implementation of core products and solutions such as data warehouse, data mart, data lake, data governance, data assets, data mid-platform, and data cloud. In 2023, the company built a big data horizontal operation and maintenance project for a state-owned policy bank, which involved the operation and maintenance support of the whole big data system, which fully proved the integrity of the company’s big data product system and the comprehensive technical ability of big data horizontal operation and maintenance; In 2023, the company provided digital transformation support for the big data platforms of many commercial banks, built an enterprise-level label system and label platform in the financial industry, enriched the enterprise data system and empowered financial business scenarios; In 2023, the company vigorously expanded the market in the field of big data, achieved new cooperation with many commercial banks, and successfully signed a human resources pool framework agreement.

  In the big data application field, in 2023, the company focused on the public business sector, successfully achieved strategic cooperation with a number of city commercial banks, and built a public central product platform, including public bazaars, public labels, and public business mid-platform (public customer management and marketing), empowering commercial banks to digital transformation of public business; in addition, in the retail business sector, the company continued to expand the digital marketing market for retail customers, and successfully built and launched a marketing central product platform project for a large city commercial bank.

  In the field of mobile Internet, the company continues to maintain its market advantage, with the largest number of cumulative cases in the country. In 2023, it built or upgraded mobile Internet projects such as mobile banking, mobile marketing, and mobile BI for a number of Financial Institution Groups, and the market share continued to grow. Among them, it achieved a new cooperation with a foreign bank to build a mobile management platform project for account managers, empowering account managers to integrate and analyze customer data, follow up and deal with value business opportunities, and track the process of industry development and reach, driving the production capacity and efficiency of first-line marketing.

  In the field of regulatory compliance, in 2023, the company will continue to deepen the market of rural commercial banks and rural credit cooperatives, maintain the advantages of cooperation, and vigorously expand the urban commercial market.

  In the field of financial risk control, in 2023, the company has successively built a compliance inspection management system, an off-site compliance analysis and monitoring system (MAST), and an audit management system for a number of commercial banks, providing more comprehensive and standardized system service capabilities for the risk control management of commercial banks.

  During the reporting period, Shanghai Yitong, a wholly-owned subsidiary of the company, was the first to participate in the research and development of Hongmeng. After more than two years of Hongmeng native development and accumulation, it has the largest number of Hongmeng Yuan service project landing cases in the banking industry. In August 2023, Huawei released the preview version of Hongmeng HarmonyOS Next. During the same period, the company started the native development of HarmonyOS Next. In December, it released the full version of Ares 6.0 Hongmeng base, covering core products such as gateways, containers, and floors. At the same time, it signed a contract with Huawei to become the first batch of ecological market service providers in the financial sector. Together with Huawei, it promoted the construction of Hongmeng in the financial industry, including not limited to technical support, engineering machines, and innovative scenarios. At present, 7 banks have confirmed that Shanghai Yitong will implement Huawei HarmonyOS

  (2) Insurance industry

  During the reporting period, the company continued to optimize insurance data center, central product platform, and business front-end products and services to help insurance company customers with digital transformation. For life insurance company customers, upgrade enterprise-level data center, optimize data model and data service capabilities, improve data service response efficiency, and adapt to changing business scenarios; upgrade smart CRM products, in-depth analysis of customer contact behavior, build a customer life cycle labeling system, and help business departments to develop business marketing and renewal battles. For customers of property and casualty insurance companies, build anti-fraud applications for auto insurance claims based on Knowledge Graph to improve claims fraud identification rates and reduce fraud risks; apply AI models, drone information collection and other technologies to agricultural insurance underwriting claims to improve the processing efficiency of business personnel, help enterprises reduce costs and increase efficiency; promote the implementation of the application Security Gateway, avoid application system security risks, and improve development efficiency. For customers of credit insurance companies, continue to optimize the enterprise risk database, gradually implement the requirements of localized Xintuang, and enhance risk identification and management capabilities; deeply participate in the construction of a new system for core business process reengineering, and optimize and upgrade the rating service and limit management functions of complex business rules based on rules engines, helping customers further improve service efficiency.

  3. Industrial field

  (1) Industrial Internet platform Cloudiip continues to lead the way, accelerating the construction of localization adaptation capabilities

  In the selection of MIIT’s national-level cross-industry and cross-field industrial Internet platform in 2023, the Oriental Guosen Cloudiip platform continues to maintain its leading position, and Oriental Guosen has been among the national-level industrial Internet dual-cross platforms for many consecutive years.

  In the context of increasingly fierce global information technology competition, localization adaptation is a key part of ensuring national information security and promoting industrial digital transformation. During the reporting period, the Orient Guosen Industrial Internet Platform comprehensively accelerated the localization adaptation capacity building. The platform has carried out in-depth adaptation in domestically produced servers, operating systems, databases, middleware and other fields, realizing the full integration of Xinchuang technology, laying a solid foundation for the safety and reliability of the platform.

  (2) artificial intelligence models reshape platform capabilities, empowering the platform industry

  Orient Guosen’s expert team combines field theory and practical experience with big data capabilities and industrial Internet platforms to deeply expand industry applications and help enterprises transform their digital intelligence. In 2023, Orient Guosen achieved new breakthroughs in oil and gas, power energy, coal, cement and other industries.

  In the field of oil and gas, we have entered the offshore oil business market and carried out offshore oil business work in Tianjin and Qingdao. We have served customers such as CNOOC Xinke, Offshore Special Equipment, Offshore Lingang Construction, Offshore Qingdao Construction, and Offshore Installation Company. We have now carried out 14 large-scale projects and 22 small-scale projects of CNOOC, achieving from familiarity with the offshore oil business to supporting the core business segments of offshore oil.

  In the field of power energy, we provide integrated and comprehensive solutions for users on the power generation side of energy production, the power grid side of energy distribution, and the load side of energy consumption. In terms of smart power plants, we have successfully landed the Mengneng Construction Group project and promoted and applied it in many new power plants; in terms of smart chemical industry, we have achieved a breakthrough in the business model of the catalyst intelligent management system, and created a series of high-value big data optimization products such as the intelligent management platform of gasifier and the intelligent optimization platform of steam pipe network. In terms of new energy, we have deepened the promotion of green power transaction auxiliary decision-making, equipment health management, etc., and have precipitated many excellent industrial algorithms and industry applications. Its related products have been promoted and applied in customer sites such as () and Guodian Investment.

  In the field of coal, we continue to promote the deepening application of big data, artificial intelligence, and advanced control technologies in mine operation, production, safety, and other scenarios and product iterative upgrades. For the coal washing and processing process, we have created an overall solution for intelligent coal preparation plants, which provides strong support for safe production, accurate decision-making, and collaborative management of coal preparation plants, and has been applied in many coal preparation plants in the northwest region.

  In the field of cement, it fully controls users’ needs for basic data collection, process optimization and intelligent control, and comprehensive integrated intelligent decision-making assistance support in the industrial chain. It has been fully integrated and deeply connected with industry business technology and scene reality, and has been applied in () group, (), () and other projects. Among them, the Tapai Group project integrates big data and AI technology into production and operation management, so that the material flow, information flow, energy flow and capital flow of the production and operation process are coordinated and smooth, and an efficient, fine and intelligent production and operation management and control platform is built to comprehensively enhance the market competitiveness of enterprises.

  4. Government and other fields

  During the reporting period, the company overcame the impact of low government investment and informatization demand, continued to deepen the direction of digital government, innovated applications, and actively expanded the application solutions and scenarios of big models in digital government and enterprise digital transformation. On the one hand, it continued to deepen the digital base of digital government, integrated government big data, urban social governance and "one network unified management" and other digital government platform product solutions. It actively cooperated with large friends and played a major supporting role in the construction of digital Gansu, digital Longjiang, digital Xiongan, digital Chongqing and other project groups. Making full use of Orient Guoxin’s big data technology advantages, we continue to provide platform bases, government data governance, industry data application development and other services for the above digital government projects, and better promote the data "one-network sharing", business "one-network coordination", governance "one-network unified management", and matters "one-screen command" of various digital government projects, and achieve good social and economic benefits. On the other hand, actively build solutions in the main industries of digital government, including smart emergency response, smart housing construction, affordable housing supervision, smart community and other solutions. Through market independent development and alliance with friends and businesspeople, and in Inner Mongolia Xilingol, Ordos, Hulunbuir, Guangxi Housing and Construction Department, Sichuan Mianyang and other projects have been realized.

  In the direction of enterprise digital transformation, the company actively expands the cooperation between large enterprise customers such as central state-owned enterprises, jointly participates in the central state-owned enterprise information infrastructure, basic platform and major innovation application "uncovering the list", focuses on building enterprise digital base, enterprise brain, asset management, asset operation supervision and other core products and solutions, and has realized the implementation of projects in central state-owned enterprises such as Beijing Affordable Housing Center, China Railway Co., Ltd., China Petroleum Finance, Ordos Group, and Jinneng Group. Among them, digital base products, for enterprise group customers, realize the unified convergence, sharing and exchange, governance analysis, distribution services of core data such as investment, operation, engineering, production, supply chain, equipment, materials, safety, quality, etc.; enterprise brain products, for enterprise customers, "one map" to achieve operation management, engineering life cycle management, supply chain safety and stability analysis, resource and material scheduling, safety emergency command and other applications, to help enterprise customers digital transformation and new quality productivity development.

  (2) R & D innovation drives high-quality, sustainable development, and technology creates value

  1. Big model of artificial intelligence

  In 2023, Orient Guosen built a comprehensive large-scale model ecosystem guided by customer needs to meet various AIGC application scenarios. Large-scale model training and promotion platform: provide bare computing power platform, training platform, inference platform, data annotation platform, comprehensively manage software and hardware resources, and open up the entire process of building large-scale models in vertical fields;

  Large model engineering suite: Provide a complete large model engineering suite, which makes up for the shortcomings of large models such as "illusion bias" through dialogue engine, knowledge base engine, process configuration engine, capability integration engine, and service open engine capabilities, and improves the objectivity, accuracy and credibility of large models;

  And other large model application products, respectively in ChatBI, intelligent customer service robot, document intelligent Q & A several major scenarios for customers to solve industry problems. Among them, the operator management analysis assistant based on TuringMind has realized conversational data query and analysis. It can focus on thousands of business indicators in multiple directions, and realize multi-dimensional index query, multi-dimensional benchmarking, chart generation, report recommendation, root cause analysis and other capabilities to help users efficiently retrieve and intelligently analyze. At the same time, it can connect with business systems through plugins, connect with business capabilities, and improve analysis accuracy and business stability.

  In the visual model level, complete the development of the BonSARMV1.0 version of the Oriental Guoxin visual model, and currently have small sample object detection; image analysis based on sample-free image segmentation; dense counting of target objects; and model empowering intelligent sample labeling capabilities; BonSARM visual model can effectively reduce the construction difficulty and modeling cost of computer vision models for scenes with lack of target positive samples, unbalanced positive and negative samples, and severe long-tail scenes.

  2. Data Science Cloud

  Data Science Cloud is an artificial intelligence platform built by Oriental Guosen, which provides artificial intelligence capabilities for the automated production and operation of enterprises and realizes intelligent applications. During the reporting period, the company’s data science cloud products (Turing Engine) have achieved continuous breakthroughs in many fields with their excellent data analytics technology and AI modeling capabilities. They have been successfully applied to operators, finance, industry, education and other industries. They can efficiently extract valuable information from massive data, help customers solve the analysis and modeling problems of massive business data, provide strong support for enterprise decision-making, and help the new AI paradigm of enterprise business. In 2023, the company continues to optimize AI algorithms to improve the accuracy and stability of products. Synchronously strengthen cooperation with industry experts, combine business characteristics, customize more accurate model training solutions, and tailor solutions according to customer needs to meet customers’ personalized AI modeling needs.

  3. Cloud mobile phone products

  Cloud mobile phone is an application that simulates the mobile phone system. The cloud operation does not rely on the performance of the local mobile phone, does not occupy the local storage space, and realizes the use of one mobile phone as two. During the reporting period, Dongfang Guosen successfully won the bidding of China Mobile’s cloud mobile phone project. With the goal of creating a new switch for computing power services, it launched practical, easy-to-use and easy-to-use cloud mobile phone products, and realized the official launch of cloud mobile phone and its platform for commercial use. At the same time, with the surge in the number of users, the company actively promoted the iteration of platform capabilities and the transformation of the big cloud base, which laid a solid foundation for further improving the performance and stability of the platform. In January this year, the mobile cloud mobile phone was selected as the outstanding case of MIIT ICT 2023 and won the title of "

  4. CirroData database

  During the reporting period, while CirroData continued to improve and enrich its product line, it also continued to improve the ecological construction of domestic databases, accelerate the expansion of ecological boundaries, and build leading domestic database products with scientific and technological hard power. CirroData-OLAP distributed analytical database version continues to iterate rapidly, with high concurrency queries and significant improvement in computing performance; CirroData-OLTP V2.0, a distributed transactional database, is officially released, with both financial-grade high availability and extreme performance; multi-source heterogeneous data transmission services CirroData-DTS is officially released; time series database CirroData-TimeS has passed the China Academy of Information and Communications Technology "time series database basic capability special project evaluation"; Orient Guosen enterprise-level data lake platform (BELAKE) integrating Orient Guosen CirroData and BEH has been selected as the "Excellent Solution for Financial Xinchuang" in the Financial Xinchuang Ecological Laboratory; participated in the preparation of Beijing Financial Information under the guidance of China Financial Electronics Group The "Financial Industry Database Innovation and Development Report" sponsored by the Institute of Chemistry; the product was selected for the "Panorama of High-quality digital transformation products and services (2023) " by the China Academy of Information and Communications Technology; it was successfully shortlisted for the "Excellent Innovative Software Products 2022-2023" by the China Electronic Information Industry Federation.

  In terms of Xinchuang and intellectual property rights, CirroData has completed the compatibility and adaptation mutual certification with Tongxin UOS, Kydroid, openEuler, Hyperfusion, Hongqi Asianux operating system, Kunpeng, Haiguang, Shenwei, Loongson CPU ecology, CLP Jinxin omni-channel customer service platform software, and Fansoft Xinchuang reporting software mainstream platform. By the end of 2023, CirroData has obtained 17 patent authorizations and 32 soft works.

  In 2023, the CirroData database will deeply cultivate operators and financial marekt in new business directions such as intelligent mining, transportation, ports, ships, new energy, and digital government.

  5. Industrial vision intelligent analysis service platform BIVS

  During the reporting period, the company completed the research and development of V3.1.1 version of the industrial intelligent visual analysis service service platform in terms of the construction of the cloud-side collaborative solution of computer intelligent vision analysis service, and completed the construction of 51 new scenarios such as smart mines. Echong Group Baiyun Wusu Coal Mine, China Tax Coal Mine, China Broadcasting Online AI Quality Inspection and other projects have been efficiently implemented; the company’s customized development of edge intelligent equipment soft and hard integrated centralized management and control platform based on BIVS has been implemented in the third phase of the implementation project of Jinyu Mortar Information System, realizing the centralized IoT control of edge intelligent equipment based on the cloud-side collaborative solution. The group’s technical personnel will centrally manage each subsidiary, station, and base-side edge intelligent equipment in the cloud side Artificial intelligence remote landing application effectively reduces the bottleneck of the difficulty of landing intelligent devices on the edge of the cloud side collaborative solution; soft and hard integrated intelligent devices have been deployed in Dou Dian Base, Chengde Base, Handan Base, and Northwest Base.

  (III) The company has won several awards, and its brand reputation and influence continue to increase

  During the reporting period, the company and its subsidiaries won a number of honors, including being selected as the 2023 Beijing Digital Economy Benchmarking Enterprise, the 2023 Xinchuang Industry Leading Enterprise Top 100, the 2023 Beijing Private Enterprise Science and Technology Innovation Top 100, the 2023 Beijing Software Core Competitiveness (Market Application) Enterprise, the Top 100 Enterprise with Comprehensive Strength, the 2023 Software and Information Technology Service Famous Brand Enterprise Award, the National Intellectual Property Advantage Enterprise, the Beijing Intellectual Property Pilot Unit, and the Beijing Intellectual Property Advantage Unit. The "Power Research Big Data Value Operation System Based on Data Life Cycle Management" participated in the construction of Dongfang Guosen won the Academy of Information and Communications Technology 2023 big data "Galaxy" excellent case. Since the implementation of the project, it has been widely publicized and reported by authoritative media such as People’s Daily and Economic Daily.

  

  V. Prospects for the future development of the company

  (I) Company development strategy

  The digital economy has become a new engine for the growth of major economies around the world. With the arrival of the era of "digital economy and intelligent economy", data has become an important strategic resource for the country. With the continuous increase of policy support for the digital economy and other policies, the development speed of the industry will be greatly improved. As China’s digital economy further becomes bigger, stronger and better, Orient Guosen will continue to focus on big data, artificial intelligence, cloud computing, and industrial Internet fields, give full play to the demonstration and leading role of benchmark enterprises, and empower customers in various industries for digital transformation and high-quality development of the digital economy.

  (2) The company’s operating objectives and business development plan for 2024

  In 2024, the company will continue to adhere to the development strategy of business innovation and prudent management, adapt to changes in the economic environment, strengthen confidence, and continuously improve the company’s profitability. The company will focus on cutting-edge technologies, continue to deepen the application innovation of information technology, continue to deepen its advantages, accelerate the integration of big data, artificial intelligence, cloud computing, 5G and other technologies in the industry, and further implement the existing industry application scenarios to create a benchmark demonstration plan for the new generation of information technology, and actively promote the development of users’ digital transformation and industry digitalization and intelligent change. The company will vigorously expand the application of artificial intelligence in vertical industries in diverse scenarios, the value application of data elements and the new direction of intelligent computing power strategy, making it a new growth point for the company’s development, and continue to build the core competitiveness of Oriental Guosen. On the basis of strengthening the core cornerstone business, we will actively explore new business development models to achieve steady growth in performance.

  1, integration empowers, innovation breakthroughs, build a solid moat

  In 2024, the company will "focus" on core technology research and development, "deeply cultivate" customer business scenarios, "integrate" multiple technology applications, and "enhance" the digital intelligence transformation of government and enterprises. The company promotes integrated innovation research and development to form the company’s new product competitive advantage. Integrate the company’s existing big data single product to form a one-stop "staff" platform to solve customer processing demands for data; Integrate the company’s existing IT-CT-OT products and industry solutions, through platform + application, form a one-stop solution to the overall needs of industry customers Competitive advantage, deeply empower more users and play greater value.

  2. Accelerate the widespread implementation of large models and create a new chapter in the future of intelligent creation

  In 2024, the company will continue to focus on the vertical large-scale model field and strive to achieve more technological breakthroughs and innovations. The company will actively expand the market, find more partners, build large-scale model applications in vertical fields such as communications, finance, medical care, aviation, and government affairs, and continuously optimize model applications to improve user experience and create more value for users. Continue to invest in the product research & development and application landing of Turing engine, and establish cooperative relationships with more industry partners to jointly promote the development and application of artificial intelligence technology. At the same time, actively explore the deep combination of Turing engine and large-scale model technology to create a full process and full stack of new generation enterprise AI solutions.

  3. Accelerate the layout of intelligent computing and enrich the diverse intelligent computing product system

  In 2024, Dongfang Guosen will accelerate the expansion of computing power infrastructure building, continue to expand the business layout of toB and toC intelligent computing power operation, further expand the type and scale of GPU/AI accelerator resources, and cooperate with the northern computing network to promote the supply and demand cycle of computing power resources. Strengthen cooperation with domestic AI chip companies and domestic head base model companies, and widely carry out hardware adaptation of large models to form a larger-scale large-scale model and GPU/AI accelerator adaptation matrix. Provide richer PaaS capabilities for upper-layer applications based on computing power, and gradually form a computing power rental model for application traction. Integrate and continue to promote the iteration and sales of computing power toB and toC end products, computing power asset management and developer community services, and provide a powerful engine for the implementation of Orient Guosen’s "staff" large model and series of application products in vertical industries.

  4. Big models reshape the capabilities of industrial Internet platforms

  In 2024, Dongfang Guosen will continue to focus on the Cloudiip platform, and is committed to continuously deepening the professional depth and universal breadth of the platform. Further strengthen the localization adaptation capabilities of the platform, fully integrate into Xinchuang Encore technology, use artificial intelligence large-scale models to reshape platform capabilities, improve the comprehensive application level of platform data, and promote the platform to empower industrial digital transformation. At the same time, the company will continue to deepen and expand existing industries and fields, deeply connect with the scene-based needs of various industries, take technological innovation as the engine, increase the supply of scene-based lightweight solutions with short cycle and fast effect, create vertical innovative applications of artificial intelligence large-scale models, and carry out "artificial intelligence +" actions to promote the high-quality development of industrial digitalization and help explore new industrialization paths in various industries.

  5. Promote the release of data element value and explore the application of data element value

  Our country has accumulated a large amount of data in the process of digital transformation. A large number of data assets are concentrated in central enterprises and the government. Many data have been in an "undeveloped" state for a long time and have not been effectively used. As a leading big data technology and service provider in China, the company has been deeply involved in telecommunications, finance, government and other fields for more than 20 years. The company has been committed to exploring the value application of data elements. In 2024, Dongfang Guosen will rely on its own strong technical strength and innovation ability. Through in-depth analysis and mining of various data resources, it will provide enterprises with more accurate and comprehensive decision-making support. At the same time, it will actively expand the data application field, explore new products and new models of data business, and cooperate with all parties to jointly promote the high-quality development of the data elements market.

  6. Take multiple measures at the same time, lean management, and achieve quality and efficiency improvement

  The company has been seeking a balance between business development and prudent operation. "Take survival as the bottom line and pursue effective and sustainable development" is the company’s business strategy that has always been adhered to. In 2024, the company will continue to implement the business idea of "integration, focus, deep cultivation, and efficiency increase", continuously optimize the assessment management system, optimize the process, and continuously improve the internal information construction. It will provide digital operation services for all levels of operation units to improve the operation level. Strengthen the bottom line thinking of cash flow, and normalize the operation of risk internal control processes. Strengthen the emphasis on comprehensive budget management, strengthen the analysis and feedback of budget data, strengthen process control, and timely detect problems in the budget execution process. Improve the accuracy of the budget, ensure that the budget is consistent with the actual situation of the company, and provide strong support for the company’s decision-making. Strengthen the supervision and assessment of budget implementation to ensure the realization of budget goals. Refine job evaluation and assessment, control the scale of personnel, and reduce labor costs.

  7. Continuously strengthen the company’s internal control construction and improve corporate governance

  Improving corporate governance and strengthening internal control construction are important guarantees for enterprises to achieve sustainable development. The two complement each other and together form the cornerstone of stable operation and efficient management of enterprises. In 2024, the company will continue to establish and improve the internal control system, further clarify the responsibilities of departments and positions, strengthen the inspection and evaluation of internal control, identify problems in a timely manner and take measures to solve them. The company will further improve business processes, strengthen risk management, improve employee compliance and risk awareness, strengthen the supervision and management of key positions and links, and implement accountability mechanisms; strengthen the construction and publicity of corporate culture, and improve the professional ethics of employees; strengthen internal information construction, and use modern information technology means to improve the efficiency and level of corporate governance and internal control. By continuously improving the corporate governance structure and improving the level of governance, we can effectively protect the legitimate rights and interests of all shareholders of the company and create a more stable, transparent and sustainable development environment for the company.

250,000 budget to buy Avita 11 or the new Krypton 001?

  On February 27th, the new polar krypton 001 was listed, and the new car launched a total of 4 models. The official price guide is 269,000 – 329,000 yuan. As a veteran in the industry, polar krypton 001 has attracted much attention since it was first listed, and now it has ushered in a wave of upgrades, which also makes car fans look forward to it. In this level of models, the industry rookie Avita 11 has always been very hot. As an old opponent, who is more interesting to see the newly upgraded polar krypton 001 and Avita 11?

  In terms of appearance, the Avita 11 is completely different from the new Krypton 001. The Avita 11 uses a futuristic design language, with a levitating body, a domineering front face, a round and full rear, as well as hidden door handles, bezel-less doors and other configurations, making it look full of aura, as if it were a means of transportation from the future world. The Avita 001 follows the design of a hunting car and adopts many elements derived from the Avita 001 FR. The body shape is low, with hidden door handles and new rims, it has a strong sense of movement. Although each flower caters to the eyes, the Avita 11’s design is more original.

  This time, the biggest upgrade of Krypton 001 lies in the intelligent aspect, but there is still a gap compared with Avita. In terms of hardware, Avita 11 is equipped with 34 smart driving sensors as standard, including 3 lidar. With Huawei high-end smart driving ADS 2.0, it can achieve high-speed, urban and parking full scene smart driving coverage. The smart driving range has now covered more than 300 cities. Parking supports automatic parking, parking substitute driving, remote control parking, valet parking, and mechanical parking spaces. In terms of active safety, Avita 11 supports emergency braking GAEB for special-shaped obstacles, and is equipped with an omnidirectional anti-collision system, making travel safety more secure. The JK 001 can be equipped with an optional lidar in the hardware, but the Mobileye smart driving algorithm is used, which seems to be less meaningful for pure vision solutions. In addition, the new JK 001 can currently cover 60 cities with smart driving coverage, and there is no urban smart driving coverage. In terms of parking, only automatic parking and tracking parking are supported. In terms of active safety, JK 001 supports AEB function and is safe online. In contrast, it is not difficult to find that although JK 001 has been upgraded in terms of smart driving, there is still a gap in the face of Huawei’s Avita 11.

  It is worth mentioning that Avita 11 currently has a limited-time 250,000 discount price, and the price of the new polar krypton 001 is 269,000 yuan, and the cost performance of Avita 11 is undoubtedly higher. If you have a car purchase plan in the near future, you may wish to take a look at the Avita 11 model.

The freezer is rushing to heat up, and Wahaha Dongpeng Special Drink is attacking the "hinterland" of Nongfu Spring

  Entering April, although the scorching sun has not yet scorched the earth, the battle for freezers, which is the lifeblood of the beverage industry, has entered a white-hot stage.

  New distribution public data show that 79% of consumers will choose to buy frozen drinks in summer, of which 81% of consumers will choose other companies’ frozen products because the target drink is not frozen; end point store freezer can increase sales point sales by 29%, taking the market common single door freezer as an example, you can immediately increase about 50 rows and 20 pieces of sales orders.

  In addition to providing instant cooling, freezers are often located in the prime location of the store, providing a natural advantage of close contact with consumers. Companies can bring their products to consumers’ attention, which not only broadens the distribution surface, but also increases the exposure of the product.

  It can be said that the freezer, the "invisible battlefield" of the cold drink market, has undoubtedly become a golden fulcrum for brands to promote sales, increase exposure, and then increase performance, and its importance is self-evident.

  In this context, major brands continue to put up the ante offline freezer in 2024, trying to occupy a favorable position in the limited end point retail space, in order to achieve better results in the upcoming sales season.

  So, from the offline visits, what is the intensity of the freezer battle in 2024? Which beverage companies have seen a significant increase in their investment in 2024? Can they achieve the desired results?

  01 Drink giants are fighting hand-to-hand, and offline freezers are fighting fiercely

  "In the summer, there is no sales without frozen display, which is the accepted market law in the sales industry of fast-moving consumer goods." A beverage marketer who has been in the industry for many years revealed to the media that frozen display is the last part of the offline sales channel, which often requires salespeople to visit one by one and give enough generous discounts or subsidies, so that the physical bosses at each end point will be willing to display brand products.

  Every morning at 8:30, Li Hao, the salesperson, immediately took his colleagues to the offline store after the company’s morning meeting. The sales area he is responsible for has 100 to 200 customers, and he runs an average of 20 to 40 end point stores every day.

  Every store, Li Hao will be in the Nongfu Spring internal business App clock in record, each store stay time to be controlled in 5-30 minutes, during the period in accordance with the company’s very detailed product display regulations, sorting freezer goods and record data, find abnormal timely report.

  "Just after the Chinese New Year this year, the salespeople of cold drink brands have started to come to the door one after another." According to Su Kexin, the owner of a convenience store in Jiangsu, the three freezers in the store are all given away by different brands, and the monthly subsidy ranges from 120 to 200 yuan. The subsidy has increased a little this year. But the condition is that the corresponding freezer can only sell products of the brand, and the owner cannot mix other products. Once discovered, the subsidy will be cancelled.

  Ding Xiao, a cold drink salesperson from Mengniu, also admitted frankly: "This year, the pressure is particularly high. In order to win a small supermarket, we went to the boss every now and then to get close to each other. In addition to giving corresponding subsidies, we also did a lot to help move goods, but unfortunately we lost to another cold drink brand because the other party’s subsidies were higher."

  Ding Xiao also revealed that the competition between supermarkets and convenience stores has always been fierce, but this year it has become even more "involved". The entrance fee alone has increased by more than 10%. Even if you win this area, you will have to pay the "rent" of the freezer every month.

  Behind the increasingly "rolled" freezer battle, naturally there are beverage companies that continue to sell up the ante end point, and in 2024, the most powerful one is Wahaha.

  The owner of a store in Hangzhou, Zhejiang, revealed to the odd-even faction that on the seventh day after Zong Fuli took office, Wahaha’s regional manager came to his store and took the initiative to send three freezers.

  Jiangxi agent Wu Qizhen also confirmed the news to the odd-even faction, saying that Wahaha is currently actively putting freezers to offline end points, and dozens of freezers have been placed in each nearby county.

  This freezer not only has a positioning function, but also has a camera inside. According to the real-time sales situation, a staff member will contact to replenish the goods, "If the freezer is empty and put some other brands of water, wow haha, the other side will turn a blind eye, but when replenishing the goods, the other party also hinted that the water is selling well now, and advised us to prepare more goods in the warehouse."

  But they also said that although Wahaha attaches great importance to end point sales this year and puts all its efforts into offline freezers, in the past five years, Nongfu Spring’s freezers have been all over major convenience stores, firmly occupying the prime area of convenience stores in prime locations. Even if Wahaha starts to make efforts from now on, it is impossible to form a match in the short term, let alone in this kind of offline sales, which requires relatively heavy assets such as self-purchased freezers.

  In addition to the freezer sales of giants such as Nongfu Spring, Wahaha, and Mengniu up the ante end point, some beverage companies that are not so "big business" have also shown an aggressive attitude, and have made a lot of efforts in the display contract and frozen delivery.

  Boss Lin of Jingzhou, Hubei, described the odd-even faction that in the past three years, the most active regional agency brand he has come into contact with is (), whether it is the placement of its own freezers or the subsidy for renting freezers. Naturally, Dongpeng Beverage’s products have also been placed in the most prominent position in the beverage area.

  "Dongpeng’s hydrating products are also being promoted vigorously this year. According to the current promotion efforts, we will naturally put them in a place where consumers can see them at a glance. Customers can pay for a bottle before checking out, and there will be very good sales in summer."

  While brands continue to increase their investment in offline channels, and products are seen by consumers, there will naturally be some brands that have been squeezed into less prominent positions due to insufficient investment.

  As a child growing up in central China, () has been one of the must-have drinks for the post-90s generation since childhood, but after this round of offline visits, the star products that have been placed in the middle of the shelves in memory seem to be "hidden". If you don’t pay special attention, it is difficult to see the plum garden placed in the corner.

  "It’s normal, other brands have freezers and subsidies, so they must put their products in the most conspicuous position. Although the purchase volume of Plum Garden is OK, they are all old faces, especially in summer, almost no one will choose Plum Garden." When asked about the offline channel situation of Plum Garden, Boss Lin also said that it is just a normal sales relationship, and there is no subsidy from other brands to make him excited. "If there are not many people coming to buy, Plum Garden will not continue to buy."

  02 Wahaha and Dongpeng Beverages, storming the hinterland of Nongfu Spring?

  The battle for freezers among beverage companies is actually nothing new, but Wahaha’s strategic adjustment to offline channels in 2024 is even more eye-catching. Looking into the reasons, it is not difficult to find that this is not only a realistic choice to deal with fierce competition, but also a long-term layout to adapt to consumer trends and reshape market position.

  After the death of Wahaha founder Zong Qinghou, Wahaha was pushed to the forefront of the traffic trend, its products were sold out, and the brand also ushered in an unprecedented "super traffic".

  But just after the online products were bought out by consumers who were "wild consumption", everyone also found the shortcomings of Wahaha, that is, the end point of the offline is not complete or even impossible to see Wahaha’s related products. Instead, Nongfu Spring, the "target" set up by public opinion, has deeply controlled all convenience stores.

  And Zong Fuli, who took over Wahaha, naturally wouldn’t miss this opportunity.

  According to media reports, a letter to all sales staff "circulated on the Internet in mid-March, which mentioned:" Now is the moment when Wahaha receives unprecedented attention; to fight the end point distribution surprise battle, the goal is to "let everyone see and buy Wahaha products".

  When it comes to specific operations, Wahaha will make every effort to increase the delivery of freezers, with the intention of reconstructing offline sales channels. However, Wahaha, which has always adopted the joint sales model and has not been closely related to extensive end points, may still be difficult to match compared with Nongfu Spring, which has been deeply cultivating offline channels for many years.

  According to Nongfu Spring’s financial report, as early as 2019, Nongfu Spring has shown a strong channel control. Its products cover more than 2.37 million end point retail outlets across the country, and more than 360,000 freezers are displayed at various sales end points. And in the next two years, Yuan Qi Sen Lin played a vigorous "freezer" defense battle.

  At that time, Yuan Qi Sen Lin offered a high subsidy policy, encouraged cooperative stores to dedicate their custom freezers, and even took tough measures such as deducting display fees for stores that violated the display agreement, aiming to exclusively occupy the refrigerated display space of the core retail point, aiming at Nongfu Spring.

  And Nongfu Spring also launched the "God of Wealth" campaign, under the banner of "Seize the competing freezers and buy back our freezers". For stores that dare to put Nongfu Spring sparkling water in the freezers of competitors, it has launched a radical promotion method of "placing a bottle and giving away a bottle of Changbai mineral water".

  Under the continuous up the ante, Nongfu Spring with strong funds finally won, and in this round of sparkling water dispute, continued to increase the investment in freezers. As of now, it is roughly estimated that Nongfu Spring has more than 800,000 freezers, and they are all "golden" positions in the round of competition.

  For Wahaha, which officially opened full offline sales in 2024, it is still too difficult to cross the mountain built by 800,000 freezers.

  In addition to Wahaha, Dongpeng Beverage has also shown a high degree of enthusiasm and decisive determination in the delivery of freezers, making it the most radical force among non-giant beverage companies.

  Dongpeng Beverage, which started with low-cost, rebate marketing, has focused on channels after gaining initial recognition from consumers, the most important of which is the placement of offline freezers.

  At an investor exchange meeting at the end of last year, when asked "what is the goal of the future freezer launch?" Dongpeng Beverage said: "The company has accumulated more than 100,000 freezers in the city and will continue to increase investment next year. We have always believed that frozen is the best display, display is the best advertising. With the increase in the number of outlets and the development of multiple categories, the company will continue to increase the number of freezers."

  The odd-even faction has also contacted Dongpeng Beverage. When asked about the pace of freezer placement in 2024, Dongpeng Beverage responded that the company’s offline network expansion has always maintained a high growth rate, of which freezer placement is the core strategic move. This strategic direction will not change in the next few years.

  The other party also said that in view of the limited channel resources, the company that takes the lead in large-scale installation of freezers will control the sales initiative. Based on this insight, Dongpeng Beverage made it clear that the deployment of freezers in the next few years will be promoted at a more rapid pace, and all freezers will be purchased by themselves, rather than leased, to ensure full control of the freezer network and long-term return on investment.

  In addition, Dongpeng Beverage revealed that in addition to the existing functional beverage business, the second and third growth curve products that the company is actively cultivating will also rely on this growing network of self-owned freezers to achieve market penetration and rise. Through the refined operation of the self-owned freezer channel, these new products can not only reach consumers efficiently, but also quickly gain market share.

  It can be said that in the face of the intense battle for freezers, various beverage companies are making efforts to gain an advantage in this key battle related to the restructuring of the market, but offline channels have formed a preliminary pattern in the past few years. The competition in 2024 will also become more intense under the joint promotion of new entrants and players.

  03 is written at the end

  In 2024, whether it is the old giant Wahaha’s turn to a strong attack, or the continued aggressive advance of Dongpeng Beverage in the non-giant camp, both reveal the increasingly irreplaceable strategic value of the freezer in the cold drink market.

  However, in the face of the already formed channel landscape and increasingly fierce competition, whether new entrants and players can break down inherent barriers and achieve a counterattack in market share remains full of unknowns and challenges.

  This battle for freezers is not only a test of the brand’s financial strength and channel control, but also a deep baptism of the company’s strategic vision and market resilience.

  At present, the freezer is no longer just a container for refrigerated drinks, but an important carrier for brands to reach consumers and shape brand perception. And in this battle for the future direction of the cold drink arena, whoever can win the freezer battlefield will be able to lay a solid foundation for brand victory.

Will make money? Is krypton "valuable"?

Text | Bento finance Brother Yu

Editor | Wang Jing

Wei Jianjun is about to regain the richest man in the car circle with an IPO of 60 billion yuan, but with Geely’s fifth IPO, Li Shufu will overtake in the corner again.

As of the close of November 24th, Geely Automobile ranked 31st in the market value ranking of global car companies with a market value of HK$ 100.067 billion. In contrast, BYD ranked fourth and Great Wall Motor ranked 14th. Even Wei Lai and LI, the new forces making cars, ranked 21st and 24th respectively.

Although the market value is "tepid", the enthusiasm of Geely brand to embrace the capital market has never subsided. Last year, Volvo Cars was listed on the Stockholm Stock Exchange in Sweden. In June this year, Polar Star Motor was listed on NASDAQ. And Li Shufu’s Yikatong Technology will soon go public in the United States.

Soon, Geely’s fifth IPO will come again-on October 31st, Geely Automobile announced on the Hong Kong Stock Exchange that the company had submitted a proposal to the Stock Exchange in accordance with the 15th application guideline, which suggested splitting Krypton and listing it independently.

Different from the previous low-key financing, as Geely’s "pro-son", he is desperately drawing a "pie" to the capital market.

On November 17, the customized Robotaxi car built by Krypton for Waymo (Google’s autonomous driving company) was officially unveiled in Los Angeles, USA. It is based on the Krypton M-Vision concept car and will be mass-produced in 2024-which means that the Krypton products will land in the United States in 2024.

At this point, Krypton has obtained the cooperation of three American companies, Google, NVIDIA and Mobileye, in the field of autonomous driving. Such a partner lineup, even European and American multinational car companies, is far behind.

R&D bundled American technology companies and products exported to the American market, and the "one-year-old" pole rushed to the IPO.

The first step of krypton is to take a detour. In September, 2020, the joint venture brand of Geely and Volvo, Lingke Auto, officially released the first pure electric luxury coupe concept car-Lingke ZERO concept, which is also the predecessor of the first model of the brand, Jike 001.

Originally, Geely intended to incubate pure electric vehicles within the system of joint venture brand Linke. But in the end, Geely decided to take out the polar list and make a brand-new independent brand. In March, 2021, Geely Automobile and Geely Holding Group jointly invested and established the brand Krypton, with a total investment of RMB 2 billion.

The birth of krypton, the more important task is to make up for Geely’s shortcomings in the new energy vehicle market.

In 2015, Geely announced its aggressive entry into the new energy field and released the "Blue Geely Action Plan". The goal is that by 2020, the sales of new energy vehicles will account for more than 90% of Geely’s overall sales–but the result is that Geely’s new energy vehicles will only account for 5% of the total sales in 2020, and the Blue Geely Action Plan will fail.

Due to the sloppy first time and the late admission time, Krypton is in an obvious backward state in terms of product richness and channel coverage.

At present, only two models, Extreme Krypton 001 and Extreme Krypton 009, are on sale. Not long ago, the cumulative delivery of Krypton 001 just exceeded 55,000 vehicles. In terms of channels, as of the third quarter of 2022, there were only 169 stores. Judging from the volume, the current extreme krypton can only wrestle with the new forces that build cars.

However, the "direct competitor" faced by Krypton is no longer this volume.

Aside from BYD, which can sell 200,000 vehicles a month, GAC Ai ‘an, which competes for the "first share" with Krypton, has long been far ahead in terms of market size. In October, Ai ‘an once again exceeded the monthly sales of 30,000 vehicles. From January to October, the cumulative delivery volume of Ai ‘an was 210,000 vehicles, fulfilling the annual sales target of 200,000 vehicles ahead of schedule.

It is no wonder that the popularity of Ai ‘an in the capital market far exceeds that of Krypton.

On October 20th, GAC Ai ‘an completed the Series A financing of up to 18.294 billion yuan-the largest financing in the field of vehicle in 2022, and the largest single private financing in the domestic new energy vehicle industry in recent years, and 53 investors in a single round of financing also created the largest number of new energy vehicle enterprises.

In terms of valuation, Ai ‘an has created the highest post-investment valuation of domestic unlisted new energy vehicle companies of 103.239 billion yuan. You know, the market value of Guangzhou Automobile Group is only over 100 billion. According to the current sales growth and the launch of new products, it is very likely that Ai ‘an will build another Guangzhou Automobile Group.

Since we can’t compete with sales, we simply gave up the middle and high-end Red Sea market. Directly entered the high-end car market, and tried to convince the capital market with brand power and product power.

The first task of Krypton is indeed to help Geely get rid of the cheap label.

The former "top three independent brands" were Geely, Great Wall Motor and BYD. In the era of fuel vehicles, BYD has the worst market size and revenue capacity.

But now the pattern is completely reversed. In the first half of this year, BYD increased the average bicycle price by 170,000 yuan by relying on the hot sale of high-end new energy vehicles. In the same period, the average selling price of the Great Wall was 121,200 yuan, while the average bicycle price of Geely was only 102,000 yuan-the last of the three independent brands. Even the Guangzhou Automobile Ai ‘an, which started from the network car, broke through the average product price of 180,000 yuan in September.

Krypton 001, the first car of Krypton brand, is positioned as a "luxury hunting coupe". However, the starting price of this car is 299,000 yuan, which is far from the luxury car. Even the high-end car is slightly reluctant-the high-end model defined by the Association must start at more than 300,000 yuan.

Extreme Krypton 001 Source: Extreme Krypton official website

This pricing strategy is mainly for the convenience of Krypton 001 to meet the price threshold requirements of state subsidies, so the minimum model is set below 300,000 yuan. Even with this explanation, the average large order amount of Extreme Krypton 001 is only 336,000 yuan, which is lower than the average bicycle price of 430,000 yuan from Weilai.

When the second car was launched, Krypton did not choose to lower the price in exchange for a larger market scale. Instead, we will continue to launch a higher-priced MPV model, Extreme Krypton 009, with a price range of 499,000-588,000 yuan. The price of nearly 600,000 yuan is an unprecedented height of Geely in its own brand.

However, it is worth noting that the so-called high-end of Krypton 009 is more like a high-end that is forced to help.

Because in the high-end version of Krypton 009, Contemporary Amperex Technology Co., Limited CTP3.0 Kirin battery was first equipped, and the capacity of this battery pack reached an astonishing 140kWh. Even with the low version, the battery pack capacity has reached 116kWh. According to the current cost price of power battery, the cost of battery pack for low version alone is as high as 150,000 yuan, and that for high version is as high as 182,000 yuan, accounting for 30% of the total car price.

Of course, this does not consider the hidden cost behind the initial mass production of Kirin battery.

In fact, putting heavy and expensive batteries on pure electric MPV models is a rather aggressive attempt. Because pure electric MPV, compared with hybrid and fuel vehicles, has the advantage of better space utilization and certain improvement in driving comfort. However, the original MPV has a large space, and the relative space optimization will not be too obvious. The improvement of driving comfort is difficult to quantify and make users feel.

On the contrary, the shortcomings of pure electric MPV models are very obvious, one is the cruising range, and the other is the convenience of recharging. Judging from the existing scheme, Krypton adopts the "old method" of stacking batteries to improve battery life. But a larger capacity battery means a longer charging time.

In the propaganda copy, Krypton only mentioned the charging time of 140kWh battery pack-10% to 80% takes 28 minutes. The 140kWh Kirin battery takes longer. According to the feedback from the previous owners of 100kWh Krypton 001, it takes 2 hours to fill it normally from 0%. The charging time of krypton 009 with larger capacity battery will be a very big problem.

Extreme Krypton 009 Source: Extreme Krypton official website

You know, the MPV is either a leader or a family member. It is obviously an unpleasant thing to wait with them in the charging station for an hour or two. Especially when you are on a high-speed road, you have to grab charging piles with hundreds of thousands of other electric vehicles, which is extremely inconsistent with the luxury positioning.

Of course, the Krypton brand has no intention of taking measures at this stage.

"I still insist on not doing things on the premise of pursuing sales." Jason Lin, vice president of Krypton Intelligent Technology, said in an interview that Krypton is not pursuing pure high-priced cars, but building the best cars in market segments with creative value to satisfy that market. He also said: "to meet the high-end, it is not the amount of money to measure the high-end, but whether you can represent the most important products in that market."

Perhaps Krypton 009 can convince some consumers, but it is difficult to convince the capital market.

The reason why Krypton can go today is entirely due to Geely’s "selfless dedication".

In September, 2020, Geely Automobile delivered the watch in science and technology innovation board, and successfully held the meeting that month. At that time, Geely’s new story to the capital market was the high-end pure electric product line.

However, with the adjustment of policies and the reorganization of Krypton brand, Geely made a major decision-Geely Automobile withdrew its IPO application in science and technology innovation board in June 2021, and announced that the board of directors of Krypton Intelligent Technology had decided to explore different external financing schemes for the sustainable development of Krypton Intelligent Technology.

Last August, an undelivered Krypton received $500 million investment from ecological partners such as Contemporary Amperex Technology Co., Limited, Billie Billie and Intel Capital in the Pre-A round of financing, corresponding to 5.6% of the shares. According to this calculation, the post-investment valuation of Krypton is close to 60 billion yuan.

It is also possible to double the valuation of krypton if we add the delivery results in the past year or so. However, can this brand really be valued at nearly 100 billion?

Theoretically, the valuation reflects each investor’s expectation of the company’s growth. For car companies, raising the valuation is nothing more than doing three things well: sales volume, core technology and brand value.

As far as the core technology is concerned, krypton is far from any imagination at present. In the two intelligent fields, intelligent driving and intelligent cockpit, there is no full-stack self-research capability, but it relies on mature suppliers to complete the push-intelligent driving, which is handed over to Mobileye;, an autonomous driving technology company owned by Intel; The smart cockpit is taken over by Geely’s Yikatong Technology.

For example, Krypton 001′ s intelligent driving system uses two Mobileye EyeQ5H chips, which is said to be equipped with Mobileye’s SuperVision system, which can support point-to-point assisted driving under various road conditions, such as highways, urban trunk roads, rural roads and urban roads.

However, after more than a year of delivery, even the high-speed navigation assisted driving function has not been realized, let alone the urban assisted driving function that will be launched later. In terms of intelligent driving function, Krypton is not only a generation behind Tesla, but also inferior to Geely’s "old rival" Great Wall Motor (Great Wall’s Mimo Zhixing has achieved high-level assisted driving in the city).

Extremely krypton’s partner in intelligent driving, Intel’s Mobileye, is a famous "black factory" in the automobile industry. In the early days, Tesla and Mobileye broke up because the car companies provided by Mobileye were closed black box solutions. Car companies not only could not modify the algorithms, but also could not share vehicle data with Mobileye.

Li Xiang, CEO of LI, who has always been in honest and frank, has publicly announced the reason for stopping cooperation with Mobileye-because it can’t meet the full-stack self-research needs of our intelligent driving (the most important sensing algorithm is the black box). In addition, the ET7 model has been selected and turned to the NVIDIA Orin chip platform with relatively higher "openness", and the development mode of full-stack self-developed software has been adopted.

In order to create a marketing momentum, Krypton announced that it would become the first automobile brand to use NVIDIA Thor chip, and at the same time, self-developed software based on this chip was carried out. (Thor is the latest chip released by NVIDIA this year. As the successor of Orin, the computing power of a single chip has increased by 8 times to an amazing 2000TOPS).

Originally, everyone thought that Extreme Krypton 009 would make a breakthrough in intelligent driving ability, but in fact, it is a ready-made solution from the bottom chip to the software definition. Previously, all kinds of marketing methods were just "painting cakes" again and again.

In terms of smart cockpit, Krypton also chose to "lie flat" in front of suppliers.

The cockpit of Krypton 001 is based on the whole case plan of Yanfeng Visteon. The so-called "full-case scheme" means that Visteon will provide a complete set of hardware and underlying software development completely according to the product definition and requirements of OEM, and complete the final overall integration work. Basically, it is equivalent to what we often call "outsourcing".

However, due to the limitation of research and development cycle and vehicle cost, the early Krypton 001 was inevitably limited in software and hardware architecture and performance. At that time, the most common problem of the first batch of users was that the car was stuck. In desperation, Krypton had to announce that it would replace the 8155 cockpit chip for the owner free of charge.

On the second model, Krypton 009, the whole project of Yanfeng Visteon was abandoned, but the underlying R&D capability of the entire cockpit was also supported by suppliers. Only this time it was replaced by Geely’s cockpit supplier-Yikatong Technology.

Since its inception in 2017, Yikatong’s main business scope is to integrate multimedia information digital entertainment systems for Geely Automobile. The company’s actual controller and ultimate beneficiary are Li Shufu, chairman of Geely Group. At present, almost all of the 12 OEM customers of Yikatong are brands owned by Li Shufu or Geely. For example, Mercedes-Benz, smart, Lotus, and the protagonist of this article-Krypton.

Source: Extreme Krypton official website

In order to cover up the fact that the intelligent cockpit is "not self-developed", Extreme Krypton brand didn’t mention anything about the "brother enterprise" Yikatong Technology when promoting its products.

Of course, there is nothing wrong with the new brand relying on the advantages of shareholders to grow and develop. Cooperation with suppliers can not only greatly reduce R&D investment, but also quickly adjust in the initial trial and error stage. It’s no wonder that Krypton achieved a positive gross profit margin just after it was delivered for more than a year.

An Conghui, CEO of Krypton Intelligent Technology, revealed in an interview that the gross profit margin of Krypton vehicles reached about 5% in the first half of this year. On the basis of delivering 50,000 vehicles in the second half of this year, the gross profit level will be further improved, and the second model, Krypton 009, will have a better gross profit level.

We should know that Wei Xiaoli, a new car-making force, has been "selling one car at a loss" for a long time, and in the end, all of them were listed on the market with blood and ventured ashore. With the continuous improvement of profitability in the past two years, the gross profit margin of "Wei Xiaoli" has gradually changed from negative to positive.

Of course, krypton’s loss was only transferred to Geely. According to the financial report, in the first half of 2022, Geely’s net profit returned to its mother fell by 35% year-on-year to 1.552 billion yuan, the lowest level in five years. Regarding the decline in profits, Geely made it clear that share-based payment and extreme investment have a great impact on profits. In the first half of the year, share-based expenses led to a decrease of 853 million yuan in profits, and extremely bad losses led to a decrease of 406 million yuan in Geely’s profits.

In this way, due to the "outsourcing" of R&D, Krypton’s financial statements will be quite beautiful-this is undoubtedly the biggest bargaining chip for science and technology innovation board. Therefore, among these newly established independent brands, Krypton is not necessarily the one with the strongest technical strength, but it is likely to be the "most profitable" one.