Qianxin's 2024 annual performance report: revenue of 4.355 billion yuan, the cash-to-cash ratio increased by about 26 percentage points
DATE:  Feb 27 2025

On February 27, Qianxin Technology Group (stock code: 688561) released its 2024 annual performance report. In the context of general pressure on the industry, during the reporting period, the company achieved a total operating income of 4.355 billion yuan, a significant improvement of 440 million yuan in net operating cash flow, the best level since listing, and an increase of about 26 percentage points in the cash-to-cash ratio, which verified the optimization effect of the "shortest path contracting" reform on business quality.

Recently, DeepSeek has exploded around the world, and related cyber attacks have also followed, and the recent security reports released by Qianxin Xlab Lab have aroused the industry's attention to the security of large models. At the same time, some enterprises and individuals have begun to build the privatization deployment of the DeepSeek large model, and the monitoring of Qianxin Asset Surveying and Mapping Eagle Map platform found that nearly ninety percent did not take security measures. Experts say that as large-scale model technology continues to develop, security issues will become more complex.

According to the research report of CITIC Securities, DeepSeek is expected to drive the rapid development of the entire domestic AI industry. As soon as DeepSeek was launched, targeted and high-intensity cyber attacks broke out, and new requirements such as artificial intelligence security spawned by digital transformation continued to be released. Gartner predicts that by 2025, the adoption of generative AI will lead to a surge in cybersecurity resources required by organizations, increasing application and data security spending by more than 15%.

Qi Xiangdong, chairman of Qianxin Group, said after participating in the recent symposium on private enterprises that "artificial intelligence + thousands of industries" will give birth to a large number of new scenarios and new formats, which will also bring new security problems, and balancing technological innovation and security risks will become an important topic.

According to an IDC report, China's cybersecurity market will exceed 150 billion yuan in 2025. Qianxin said that as a leading cyber security enterprise, the company will focus on core products, focus on core customers, focus on the efficiency improvement of the dealer system and focus on the overseas key national markets and other "four focus" strategic adjustments, superimposed industry demand recovery, and the goal is to achieve double growth in revenue and profit.

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