① Hongbo Co., Ltd. expects to turn a loss into a profit last year, and operating income will increase sharply year over year. Mainly, the wholly-owned subsidiary Yingbo Digital has achieved excellent results. Judging from the disclosed orders, Hongbo Co., Ltd. currently has the largest transaction scale among domestic computing power leasing manufacturers. ② Yutai Holdings, the controlling shareholder of the company, got into trouble. It was filed for bankruptcy and restructuring at the end of last year, and some of its shares in Hongbo shares were judicially withheld.
Finance Association, January 10 (Reporter Fu Jing) The financial situation of “AI computing power bullish stock” Hongbo Co., Ltd. (002229.SZ), which has continued to lose net losses since the first quarter of 2022, has improved due to the artificial intelligence business layout.
According to the performance forecast released by Hongbo Co., Ltd. this evening, the company turned a loss into profit last year, and operating income increased sharply year-on-year. The main reason is to actively seek new business growth points and develop business in the field of artificial intelligence since 2022.
Hongbo Co., Ltd. expects to achieve revenue of 850 million yuan to 998 million yuan last year, a year-on-year increase of 82.9%; achieve net profit of 37.4 million yuan to 56.1 million yuan, loss of 75.695 million yuan for the same period in 2022; net profit after deduction of 28.4 million yuan to 42.6 million yuan, and loss of 87.882 million yuan for the same period in 2022.
A CFA reporter noticed that in the first three quarters of last year, Hongbo Co., Ltd. had a net loss of 32.2912 million yuan. Based on this calculation, Q4's net profit for a single quarter is expected to be 69.6912 million yuan to 88,3912 million yuan. This is also the company's first quarter of profit since Q1 2022.
According to the company, during the reporting period, its wholly-owned subsidiary Yingbo Digital Technology achieved excellent results around the market positioning of the AGI full-stack ecosystem service platform.
Earlier, Hongbo Co., Ltd. disclosed that in December, Yingbo Digital signed an agreement with Baichuan Intelligence to provide them with services such as high-performance computing or GPU computing power technology. The computing power scale and performance provided by a single intelligent computing server is not lower than that of Nvidia H series 8-card intelligent computing servers, with a total estimated total amount of 1,382 billion yuan; in October, Yingbo Mathematics and Beijing Jingneng reached cooperation to build an intelligent computing center, with a total transaction amount of about 1 billion yuan. Judging from the disclosed orders, Hongbo Co., Ltd. currently has the largest transaction scale among domestic computing power leasing manufacturers.
Judging from the performance of the secondary market, the stock price of Hongbo Co., Ltd., which stands on the AI cusp, rose 317.88% last year, the highest increase of 580% during the period. Zhou Weiwei, vice president of Hongbo Co., Ltd., and CEO of Yingbo Digital, said during the Hi-Tech Fair held in November last year, “Precisely because the development of the AGI industry has brought Hongbo shares the opportunity to increase its market capitalization by 10 billion dollars in just a few months, it is possible for a small company that has been established for more than a year to increase revenue by more than 100 times in a quarter.”
A CFA reporter learned at the Hi-Tech Fair site that up to October last year, Yingbo Math has delivered a total of 3,000 P of AI computing power, and plans to schedule more than 10,000 P of computing power by the end of last year, and that all computing power is based on the Nvidia A and H series. After completing the WanP plan, the company's positioning will be upgraded from an AI multi-modal large model training platform to an AGI full-stack service provider.
According to a recent report by the technology media Smart Things, at the suggestion of Wang Xiaochuan, founder and CEO of Baichuan Intelligence, Yingbo Mathematical Technology focused its core tasks on purchasing in the first phase, and completed the computing power demand order reserve for the next 14 months by June 30 of last year.
Affected by the new US AI chip export regulations, several listed computing power leasing companies have recently disclosed that AI server delivery is uncertain. At the same time, the reporter learned from the industry that the gap in the high-end high-performance computing graphics card market may continue to expand. In the future, the Financial Federation will continue to pay attention to the computing power business situation of Hongbo Co., Ltd.
It is worth mentioning that while the financial situation is improving, Yutai Holdings, the controlling shareholder of the company, is in trouble. Yutai Holdings filed for bankruptcy and restructuring at the end of last year. The company announced this evening that 2.40% of the shares of Hongbo shares held by Yutai Holdings were judicially withheld due to a contractual dispute, and the total share ratio of the company's shares held by Yutai Holdings and its co-actor Huiyi Trading was reduced from 17.21% to 14.80%.
In April of last year, Hongbo Co., Ltd. stated in the “Proposed Notice Concerning Proposed Changes in the Shareholding Structure of Controlling Shareholders and Proposed Changes in Actual Controllers” that Lai Xiaolin, the actual controller of Yutai Holdings, promised that Yutai Holdings would not reduce its holdings of Hongbo shares within the next 18 months after the transaction was completed. However, the judicial withholding of shares held by Yutai Holdings violates the above promise. For this reason, Yutai Holdings and its actual controller say they apologize for the inconvenience caused to investors by this matter.