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on august 28, beixinyuan released its 2024 interim financial report, and the company achieved revenue of 233 million yuan in the first half of this year. affected by the unfavorable external overall operating environment, beixinyuan's performance was under pressure for a short time. the company closely followed the development trend of the industry and market, made steady progress in the fierce market competition, adjusted its layout, and its profitability still had a large adjustment space and potential growth.

technological innovation, showing a number of "hard strengths"

in the first half of 2024, beixinyuan adapted to market changes through technological innovation and had strong operational resilience.

based on the company's xinyuan secret letter, beixinyuan has launched a number of innovative applications, continuously strengthening the attributes of xinyuan secret letter as a "core product". for example, on the basis of the xinyuan secret letter secure communication platform, beixinyuan has established an ai capability platform and launched ai native language instant translation.

among them, the ai ​​capability platform can protect work secrets, business secrets and personal privacy in instant messaging, while providing a convenient and easy-to-use intelligent work interface environment for party, government and military departments. the platform has six major values, such as unlimited docking capabilities, on-demand selection and use of large models, and sharing of scarce resources. in addition, it has already landed a number of practical applications, such as ai knowledge base, equipment quality ai application, caida stock market app, etc.

nowadays, instant messaging security is becoming more and more important, and enterprises, national authorities, etc. are also pursuing efficiency and intelligence in their work. products that achieve both will stand out in the market and occupy a significant share. xinyuan mixin ai capability platform is one of the few good products that can get "fish and bear's paw" at the same time.

based on the strong user base of xinyuan mixin, it has won the trust of many national competent units and authoritative institutions such as the ministry of public security and the ministry of national defense. with the empowerment of ai, xinyuan mixin is also expected to continue to achieve remarkable results.

it is worth mentioning that xinyuan mixin has opened up a broad market space through various product sales forms, which can adapt to various complex networks and the needs of different households. these include xinyuan mixin black box, xinyuan mixin work secret edition, xinyuan mixin group edition, etc.

among them, the "little black box" version has gradually achieved a monthly revenue of nearly one million since the beginning of 2024. the success of "little black box" in the market is attributed to its accurate market positioning, unique product features, and a wide range of user needs.

it is reported that the "little black box" is mainly aimed at high-net-worth individuals such as corporate decision-makers, public officials, third-party institutions in the financial industry and fund managers, government agencies, lawyers, private doctors, etc. it protects user data security, prevents personal information leakage, and improves communication efficiency through three-end encryption technology, one person one password, one text and one password, and a variety of security features such as: single reading and two-way erasure with eraser, traceability of light and dark watermarks, read and unread reminders, and other special features.

"microsoft blue screen" incidentaccelerate network securitydomestic substitution

the layout of the 14th five-year plan (2021-2025) has entered the later stage, and the country's planning requirements for strengthening the construction of cybersecurity infrastructure and building a solid cybersecurity barrier for key information infrastructure are also nearing completion. at this time, the government and state-owned enterprises will accelerate the implementation of digital transformation, localization, and emergency command construction, which will bring new growth opportunities to the field of cybersecurity. in particular, in the first half of this year, a number of major cybersecurity incidents have attracted attention, such as the intrusion of microsoft executives' emails and the information leak of change healthcare, an american medical prescription service company. according to the security insider on august 15, french authorities said that more than 140 cyber attacks were reported during the paris olympics.

under the catalysis of multiple cybersecurity incidents, the "independent control and domestic substitution" of domestic operating systems, network security and other software and hardware products is imperative. especially after the microsoft blue screen incident on july 19, wanlian securities and other brokerages mentioned in their research reports that investment opportunities in the field of network security can be paid attention to.

in fact, domestic network security manufacturers such as beixinyuan have gradually acquired the ability to take up the banner of domestic substitution in the field of network security. founded 28 years ago, beixinyuan has firmly established its leading position in the domestic terminal security market. it has ranked first in the chinese terminal security management market share for 16 years, and has deployed more than 70 million terminal security points.

at present, beixinyuan has completed the creation of the three major strategic patterns of "information security and information innovation, mobile office and secure communication applications, smart communities and health care", and continues to provide high-quality security products and scenario-based security solutions to party and government agencies, national ministries and commissions, national defense and military industry, scientific research institutes, financial institutions, energy and medical customers.

as the importance of localization becomes increasingly prominent, what new directions of exploration are there in the field of cybersecurity?

take beixinyuan as an example. driven by market demand, it has made new product layouts and breakthroughs in the fields of quantum communication and artificial intelligence. it is understood that beixinyuan has launched xinyuan secret (quantum edition) for government and enterprise users. this product combines quantum key soft key and quantum encryption technology, and can be combined with the super secure sim card provided by operators. it uses advanced quantum security technology in instant messaging, audio calls and other functions.

in the field of artificial intelligence, beixinyuan has launched the ai ​​capability platform mentioned above. the company said that it is also actively exploring the integration of ai technology and quantum communication. yang hua, vice president of beixinyuan, previously said, "the defense department is also actively exploring artificial intelligence. the future prospects of (large models) are very promising, and xinyuan secret message is a natural large model base."

beixinyuan is ready to go and welcome the market outlook

at the beginning of the second half of the year, beixinyuan ushered in a series of positive signals and development opportunities.

according to the announcement on the china petroleum bidding network on august 2, beixinyuan stood out with the highest score and a bid price of nearly 9 million, becoming the first candidate for the "cybersecurity emergency command system project customized development subsystem consulting and implementation services" project of kunlun digital intelligence technology co., ltd. this shows beixinyuan's technical strength in cybersecurity solutions, emergency response and drills.

the project is an important part of petrochina's construction of a "cyber security emergency command system". winning the bid for such a key project fully demonstrates beixinyuan's strong r&d strength and broad market prospects, as well as its professional ability and competitive advantages in providing services to the party, government, military and central state-owned enterprises, and proves its leading position and development potential in the industry.

the product involved in the winning project, the "network emergency command and disposal platform", is an extension of beixinyuan's "core product" xinyuan mixin. it is understood that xinyuan mixin is based on "instant messaging framework and secure communication base" and can provide customers with customized solutions. with personalized customization, high security, and ai capabilities, xinyuan mixin has gained a first-mover advantage in the process of grabbing market share and gained market trust.

in addition, on august 13, beijing xinyuan signed a strategic cooperation agreement with beijing knowsec information technology co., ltd. (hereinafter referred to as "knowsec"). the latter was established in 2007 and is a big data security company with "real attack and defense" capabilities. it has powerful ai algorithms and a professional team of security experts, and has built china's largest and the world's third largest cyberspace cloud defense system.

the powerful combination of the two will create more dazzling sparks in the field of network security. beixinyuan said, "this strategic cooperation will gradually deepen into the application of ai technology in network security, and jointly explore and practice new technologies, new applications, and new directions."