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2024 Semi-Annual Report
2024 Semi-Annual Report Summary
ST Guangwang (600831.SH): net loss of 0.364 billion yuan in the first half of the year.
ST Guangwan (600831.SH) released its semi-annual report on August 29th, which showed that during the reporting period, it achieved revenue of 0.858 billion yuan, a year-on-year decrease of 33.11%. This was mainly due to intensified competition, user attrition, speed increase and fee reduction, resulting in a decline in traditional cable television business. The transformational new business, such as broadcasting 5G, has not been able to make up for the decline in traditional business. In addition, the company aimed to improve the efficiency of capital utilization and control the scale of low-margin customer business such as construction and system integration, which led to a decrease in gross margin. The net profit attributable to shareholders of the listed company was -0.364 billion yuan, which turned from profit to loss year-on-year. This was mainly due to the significant decrease in operating income, while operating...
Special treat Guangwang (600831.SH): signed a strategic cooperation agreement with Tencent Cloud to promote industrial development.
On August 19th, Gelonhui reported that ST Guangwang (600831. SH) announced its strategic partnership with Tencent Cloud Computing (Beijing) Co., Ltd. (referred to as Tencent Cloud) in Xi'an, signing the "Promoting Industrial Development Strategic Cooperation Agreement". The company and Tencent Cloud have already carried out cooperation in multiple areas, including in the fusion media business, where Tencent Cloud has built AI middleware, user middleware, data middleware, and operation Middleware for the company; also in the network broadband business scenario, Tencent Cloud relies on cloud resources and game-related technology accumulation to provide game acceleration services for the company. On this basis, the two parties plan to deepen cooperation in multiple key areas.
China Best's subsidiary signed a strategic framework agreement with China Broadcasting Ningxia Network.
China Best (00370) issued an announcement that recently, Shenzhen Number Wiz Intelligent Computing Technology Co., Ltd. (Shenzhen Number Wiz, a subsidiary without full ownership of the company) signed a strategic framework agreement with China Broadcasting Ningxia Network Co., Ltd. (strategic partner) on the strategic cooperation covering the development of artificial intelligence, various computing services and advanced computing infrastructure. The strategic cooperation will help build the most important data center in Zhongwei, Ningxia and promote the development of digital economy. According to the framework agreement, through participating in the construction of the Zhongwei data center, the two parties will use their respective resources and professional knowledge to carry out a series of investments and cooperation in the field of computing and digital economy related projects.
Special treat Guangwang (600831.SH) received a government subsidy of 10.0026 million yuan.
On July 26th, Gelun Hui reported that ST Guangwang (600831.SH) has received a total of 10.0026 million yuan in government subsidies from January 2024 to the date of this announcement. Among them, 6 million yuan of government subsidies are related to assets, and 4.0026 million yuan are related to revenue.
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