Shanghai Ganglian(300226) 证券时报网·2025-04-03 08:03Core Insights - Shanghai Steel Union reported a revenue of 81.335 billion yuan and a net profit of 161 million yuan for 2024, with a significant increase in cash flow from operating activities, up 1577.47% year-on-year [1] Group 1: Business Segments - In the industrial data services segment, revenue was 781 million yuan, a decrease of 2.53% year-on-year, while data subscription revenue increased by 4.82% to 460 million yuan [2] - The company is building a comprehensive data asset system covering over 100 industrial chains across eight sectors, including metals and energy [2] - Shanghai Steel Union is focusing on AI technology and deep application of vertical large models, creating a full value chain service system from data production to decision-making [2] Group 2: Steel Trading Services - The steel trading service segment, represented by Steel Silver E-commerce, saw a transaction volume of 60.338 million tons, down 5.19% year-on-year, with revenue of 80.549 billion yuan, a decline of 5.80% [3] - Steel Silver Cloud's SaaS products have gained customer recognition, with over 8,000 registered users and more than 1,000 paying members [3] - The company is increasing investments in the energy and chemical sectors while ensuring sufficient operational funds [3] Group 3: International Expansion - Shanghai Steel Union is developing international products to assist Chinese companies in expanding overseas, successfully hosting over 20 market research events in various countries [4] - The overseas revenue from industrial data services reached 43.6624 million yuan, a year-on-year increase of 40.05% [4] Group 4: Future Plans - For 2025, the company plans to continue expanding industrial data services and steadily develop steel trading services, focusing on quality and market share [4] - The company aims to enhance AI capabilities and energy efficiency, with plans for the "Little Steel" digital assistant to evolve and provide more personalized AI reports [5]