{"version":"1.0","provider_name":"Fortune Insight","provider_url":"https:\/\/prime.fortuneinsight.com\/web","author_name":"\u7a4dGod","author_url":"https:\/\/prime.fortuneinsight.com\/web\/posts\/author\/jakgod","title":"\u4e45\u9055\u7684IPO\u5206\u4eab - \u5546\u6e6f\u79d1\u6280 (00020) - Fortune Insight","type":"rich","width":600,"height":338,"html":"<blockquote class=\"wp-embedded-content\"><a href=\"https:\/\/prime.fortuneinsight.com\/web\/posts\/609520\">\u4e45\u9055\u7684IPO\u5206\u4eab &#8211; \u5546\u6e6f\u79d1\u6280 (00020)<\/a><\/blockquote>\n<script type='text\/javascript'>\n<!--\/\/--><![CDATA[\/\/><!--\n\t\t!function(c,d){\"use strict\";var e=!1,n=!1;if(d.querySelector)if(c.addEventListener)e=!0;if(c.wp=c.wp||{},!c.wp.receiveEmbedMessage)if(c.wp.receiveEmbedMessage=function(e){var t=e.data;if(t)if(t.secret||t.message||t.value)if(!\/[^a-zA-Z0-9]\/.test(t.secret)){for(var r,a,i,s=d.querySelectorAll('iframe[data-secret=\"'+t.secret+'\"]'),n=d.querySelectorAll('blockquote[data-secret=\"'+t.secret+'\"]'),o=0;o<n.length;o++)n[o].style.display=\"none\";for(o=0;o<s.length;o++)if(r=s[o],e.source===r.contentWindow){if(r.removeAttribute(\"style\"),\"height\"===t.message){if(1e3<(i=parseInt(t.value,10)))i=1e3;else if(~~i<200)i=200;r.height=i}if(\"link\"===t.message)if(a=d.createElement(\"a\"),i=d.createElement(\"a\"),a.href=r.getAttribute(\"src\"),i.href=t.value,i.host===a.host)if(d.activeElement===r)c.top.location.href=t.value}}},e)c.addEventListener(\"message\",c.wp.receiveEmbedMessage,!1),d.addEventListener(\"DOMContentLoaded\",t,!1),c.addEventListener(\"load\",t,!1);function t(){if(!n){n=!0;for(var e,t,r=-1!==navigator.appVersion.indexOf(\"MSIE 10\"),a=!!navigator.userAgent.match(\/Trident.*rv:11\\.\/),i=d.querySelectorAll(\"iframe.wp-embedded-content\"),s=0;s<i.length;s++){if(!(e=i[s]).getAttribute(\"data-secret\"))t=Math.random().toString(36).substr(2,10),e.src+=\"#?secret=\"+t,e.setAttribute(\"data-secret\",t);if(r||a)(t=e.cloneNode(!0)).removeAttribute(\"security\"),e.parentNode.replaceChild(t,e)}}}}(window,document);\n\/\/--><!]]>\n<\/script><iframe sandbox=\"allow-scripts\" security=\"restricted\" src=\"https:\/\/prime.fortuneinsight.com\/web\/posts\/609520\/embed\" width=\"600\" height=\"338\" title=\"&#8220;\u4e45\u9055\u7684IPO\u5206\u4eab &#8211; \u5546\u6e6f\u79d1\u6280 (00020)&#8221; &#8212; Fortune Insight\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\" class=\"wp-embedded-content\"><\/iframe>","thumbnail_url":"https:\/\/prime.fortuneinsight.com\/web\/wp-content\/uploads\/2021\/02\/FI_Prime_FB_Share_cover-500x263.jpg","thumbnail_width":500,"thumbnail_height":263,"description":"\u597d\u4e45\u7121\u8ddf\u5927\u5bb6\u5206\u4eabIPO, \u539f\u56e0\u662f\u9019\u5927\u534a\u5e74\u6e2f\u80a1\u5e02\u5834\u6c23\u6c1b\u5dee\uff0c\u591a\u6578IPO\u90fd\u7834\u767c\uff0c\u53c8\u4e0d\u6562\u5927\u624b\u5b56\u5c55\uff0c\u6a5f\u6703\u6210\u672c\u9ad8\u4e14\u503c\u535a\u7387\u4f4e\uff0c\u6240\u4ee5\u4e0d\u503c\u5f97\u9078\u64c7\u62bd\u65b0\u80a1\u3002\u6700\u8fd1\u5546\u6e6f\u79d1\u6280\u62db\u80a1\uff0c\u5e02\u5834\u90fd\u6709\u4e0d\u5c11noise, \u52a0\u4e0a\u53c8\u50b3\u6709\u5143\u5b87\u5b99\u6982\u5ff5\uff0c\u90fd\u5438\u5f15\u6211\u53bb\u770b\u4e0b\u5b83\u7684\u62db\u80a1\u66f8\uff0c\u7c21\u55ae\u4f86\u8b1b\u5546\u6e6f\u662f\u4e00\u96bb\u786c\u79d1\u6280\u548cAI\u6982\u5ff5\u80a1\u3002 \u4ee5\u4e0b\u91cd\u9ede: 1. \u5546\u6e6f\u79d1\u6280\u662f\u570b\u5167\u8996\u89baAI\u521d\u5275\u516c\u53f8\u4f86 (\u4eba\u81c9\u8b58\u5225\u679c\u985e)\uff0c\u88ab\u7a31\u70ba\u201cAI\u56db\u5c0f\u9f8d\u201d\uff0c\u5176\u4ed6\u4e09\u540d\u6210\u54e1\u70ba\u66e0\u8996\u79d1\u6280\u3001\u96f2\u5f9e\u79d1\u6280\u3001\u4f9d\u5716\u79d1\u6280\u3002\u71df\u6536\u898f\u6a21\u4f86\u8aaa\u6700\u5927\u662f\u5546\u6e6f\uff0c\u76f8\u7576\u65bc\u66e0\u8996\u79d1\u6280\u76842\u500d\u591a\u3001\u96f2\u5f9e\u79d1\u6280\u76844\u500d\u3001\u4f9d\u5716\u79d1\u6280\u76846\u500d\u3002 2. \u6bd4\u8d77A\u80a1\u7684\u201cAI\u4e09\u5de8\u982d\u201d\u6d77\u5eb7\u5a01\u8996(SZ:002415)\u3001\u5927\u83ef\u80a1\u4efd(SZ:002236)\u53ca\u79d1\u5927\u8a0a\u98db(SZ:002230)\uff0c\u5546\u6e6f\u5728\u71df\u6536\u898f\u6a21\u3001\u54e1\u5de5\u4eba\u6578\u3001\u6bdb\u5229\u80fd\u529b\u65b9\u9762\u90fd\u662f\u5fae\u4e0d\u8db3\u9053\u3002 3. Pre-IPO investor\u7684\u80a1\u4efd\u53ea\u670950%\u7981\u552e\u3002 4. \u57fa\u77f3\u6295\u8cc7\u8005\u4f54\u6bd4\u9ad8 (60%)\uff0c\u4f46\u8cea\u91cf\u4e0d\u9ad8\u3002 5. \u4e3b\u8981\u6536\u5165\u9760\u667a\u6167\u57ce\u5e02\uff0c\u7d42\u7aef\u7528\u6236\u4e3b\u8981\u662f\u653f\u5e9c\u53ca\u5176\u4ed6\u516c\u5171\u90e8\u9580\uff0c\u8cf4\u65bc\u653f\u5e9c\u90e8\u9580\u7684\u63a1\u8cfc\u8207\u652f\u51fa\u3002 6. \u4e00\u6b21\u6027\u7684\u9805\u76ee\u6536\u5165\u4f54\u6bd4\u9ad8\uff0c\u80fd\u5e36\u4f86recurring revenue\u7684\u985eSaaS\u670d\u52d9\u6536\u5165\u4f54\u6bd4\u6bd4\u8f03\u4f4e\u3002\u6536\u5165\u53ef\u6301\u7e8c\u6027\u5c0d\u4f30\u503c\u975e\u5e38\u91cd\u8981\uff0c\u5982\u679c\u7121\u6cd5\u5be6\u73fe\u7a69\u5b9a\u7684\u6536\u5165\u589e\u9577\uff0c\u90a3\u4f30\u503c\u662f\u8981\u5927\u6253\u6298\u6263\u7684\u3002 7. \u62db\u80a1\u66f8\u62ab\u9732\u76842020\u5e74\u7684\u524d\u4e94\u5927\u5ba2\u6236\uff0c\u53ea\u6709\u5ba2\u6236I\u3001\u5ba2\u6236J\u4ecd\u7136\u51fa\u73fe\u57282021\u5e74\u524d\u4e94\u5927\u5ba2\u6236\uff0c\u8edf\u9280\u3001\u5ba2\u6236F\u548c\u5ba2\u6236B\u5df2\u7d93\u4e0d\u5728\u524d\u4e94\u540d\u55ae\u3002\u800c\u65b0\u5ba2\u6236K\u537b\u4f54\u4e862021\u5e74\u4e0a\u534a\u5e7423%\u7684\u6536\u5165\uff0c\u55ae\u500b\u5ba2\u6236\u4f54\u6bd4\u904e\u9ad8\u4ee5\u53ca\u5b58\u91cf\u5ba2\u6236\u7684\u5ef6\u7e8c\u6027\u4e0d\u9ad8\uff0c\u53ef\u4ee5\u770b\u51fa\u6536\u5165\u7684\u4e0d\u7a69\u5b9a\u6027\u3002 8. 2019\u5e74\u71df\u6536\u589e\u901f\u9ad8\uff0c\u53bb\u52302020\u5e74\u589e\u901f\u6709\u653e\u7de9\uff0c\u518d\u53bb\u52301H2021\u540c\u6bd4\u589e\u957790%\u770b\u4f3c\u597d\u9ad8\uff0c\u4f46\u5176\u5be6\u74b0\u6bd4\u53bb\u770b\u589e\u901f\u662f\u6709\u5012\u9000\uff0c\u9019\u985e\u578b\u7684\u516c\u53f8\u7167\u9053\u7406\u4e0d\u6703\u6709seasonal difference? \u5012\u9000\u7684\u539f\u56e0\u662f? 9. \u5546\u6e6f\u7814\u767c\u6295\u5165\u597d\u9ad8\uff0c1H2021\u751a\u81f3\u8d85\u51fa\u6536\u5165\u6bd4\u4f8b107%\uff0c\u6240\u4ee5\u8755\u9322\u9a5a\u4eba\u3002\u800c1H2021\u8755\u5f97\u8f03\u5c0f\u9322\u662f\u56e0\u70ba1H2020\u7684\u512a\u5148\u80a1\u53ca\u5176\u4ed6\u91d1\u878d\u8ca0\u50b5\u7684\u516c\u5141\u50f9\u503c\u8667\u640d\u5927\u589e\u9020\u6210\u300c\u66f4\u591a\u8667\u640d\u300d\u800c\u5df2\uff0c\u8207\u4e3b\u696d\u7121\u95dc\u7684\u3002 10. \u4f30\u503c\u504f\u8cb4\uff0c\u6d77\u5eb7\u5e02\u503c4800\u5104\uff0c2020\u5e74\u71df\u6536635\u5104\uff0cPS 7.6\u500d\uff0c\u5546\u6e6f\u767c\u884c1300\u5104\u6e2f\u5143\uff0c2020\u5e74\u71df\u653642\u5104\u6e2f\u5143\uff0cPS31\u500d\u3002\u518d\u6bd4\u8f03\u53e6\u4e00\u96bbAI\u5de8\u982d\uff0c\u79d1\u5927\u8a0a\u98db\u5728A\u80a1\u7684\u4f30\u503c1200\u5104\u4eba\u6c11\u5e63\uff0c\u4e14\u6574\u9ad4\u589e\u901f\u6bd4\u5546\u6e6f\u9ad8\u3002\u5546\u6e6f\u4f30\u503c\u6bd4\u79d1\u5927\u8a0a\u98db\u5927\u6982\u4f4e25%\uff0c\u8981\u9996\u65e5\u8ffd\u8cbc\u6216\u8d85\u8d8a\u79d1\u5927\u61c9\u8a72\u4e0d\u592a\u53ef\u80fd\uff0c\u4e0a\u5e74\u5c31\u53ef\u4ee5\uff0c\u4eca\u6642\u4eca\u65e5\u5728\u6e2f\u80a1\u9019\u500b\u6c23\u6c1b\u5dee\u7684\u5e02\u5834\u5c31\u96e3\u4e0a\u52a0\u96e3\u4e86\u3002 \u7e3d\u7d50\u4f86\u8b1b\u5728\u9019\u500b\u5e02\u6cc1\u4e0d\u4f73\uff0c\u518d\u52a0\u4e0a\u4e4b\u524d\u591a\u96bbIPO\u7834\u767c\u8a18\u9304\uff0c\u90fd\u4e0d\u6703\u6562\u5b56\u5c55\u8a8d\u8cfc\uff0c\u73fe\u91d1\u8a8d\u8cfc\u53c8\u7121\u610f\u601d\uff0c\u5c31\u7b97\u771f\u7684\u9078\u4e2d\u9996\u65e5\u5927\u5347\u90fd\u53ea\u662f\u597d\u904b\u800c\u5df2\uff0c\u90fd\u662f\u653e\u68c4\u8a8d\u8cfc\u5427\u3002\u5c0d\u6b64\u80a1\u771f\u7684\u6709\u8208\u8da3\u7684\u670b\u53cb\u8aaa\u4e0d\u5b9a\u9996\u65e5\u4e0a\u5e02\u6703\u6709\u66f4\u4f4e\u50f9\u5165\u624b\u3002 \u4ee5\u4e0a\u5167\u5bb9\u4e0d\u69cb\u6210\u6295\u8cc7\u8cb7\u8ce3\u5efa\u8b70\u3002"}