Sinnet(300383) 新浪财经·2025-04-25 00:43Core Insights - The company reported a revenue of 7.281 billion yuan for 2024, reflecting a growth of 7.31%, while the net profit attributable to shareholders was 381 million yuan, showing a decline of 1.68% [1] - For Q1 2025, the company achieved a revenue of 1.832 billion yuan, an increase of 7.41%, but the net profit dropped significantly by 57.82% to 69 million yuan [1] - The company is accelerating its data center business delivery, focusing on high-performance intelligent computing services across various regions in China [1] Data Center Market - The Chinese data center market is projected to reach approximately 277.3 billion yuan in 2024 and is expected to grow to 318 billion yuan in 2025 [1] - The company has invested in the construction of data center projects in Inner Mongolia and has initiated the construction of the Tianjin Baodi Phase III project [1] - The company has planned a cabinet scale of over 230,000 units nationwide, with more than 59,000 cabinets already in operation [1] Cloud Computing and AI Focus - Amazon Cloud Technology's revenue from cloud computing services increased to 70.07% in 2024, driven by continuous investment and technological upgrades [2] - The company has established a comprehensive localized service system in the Beijing region, launching nearly 500 new features or services [2] - The company is recognized as a top-level consulting partner of Amazon Cloud Technology, holding various certifications to implement automated services based on Amazon's public cloud [2] Future Profit Projections - The company is projected to achieve net profits attributable to shareholders of 395 million yuan, 432 million yuan, and 494 million yuan for 2025, 2026, and 2027, respectively, with growth rates of 3.45%, 9.38%, and 14.52% [3] - The company's IDC business is steadily expanding, and the AI-driven growth in cloud computing is expected to improve long-term performance [3]