涂鸦智能-W2024年度报告

24568131961668890949698100102166 公司資料 202411 1820249 16 20249 1620249 16 A10310012 33191912 PO Box 309Ugland HouseGrand Cayman, KY1-1104Cayman Islands 22 公司資料 Davis Polk & Wardwell3A10 Maples Fund Services (Cayman) LimitedPO Box 1093, Boundary HallCricket SquareGrand CaymanKY1-1102Cayman Islands 1826 488 399 1812628 390 183171712-1716 2391 TUYA ir.tuya.com 安全港聲明 19952025424 重點摘要 20241231 298.629.8%20231231230.0 •PaaS217.129.4%20231231167.7 •SaaS39.610.6%2023123135.8 •42.058.3%2023123126.5 •47.4%1.02023123146.4%PaaS47.1%3.42023123143.7% •15.9%30.12023123146.0%7.6%18.52023123110.9% •1.7%27.92023123126.2%25.2%16.3202312318.9% •5.02023123160.375.3268.5%2023123120.4 •80.4120.5%2023123136.4 •202412311,016.720231231984.3 20241231 •20241231PaaS13,700202312314,000202412315,800202312316,100•2024123112PaaS2298202312311226520241231PaaS86.9%2023123183.4%PaaS•2024123112PaaSDBNER3122%2023123112103%•202412311,316,00020231231993,00032.6%1.PaaSPaaS2.PaaS12PaaS100,0003.12PaaS12PaaS12PaaSPaaS12DBNERDBNERDBNER 業務回顧及展望 AIAIoTAIPaaSSaaSAIoT(OEM)AICIC2023PaaSAI PaaSOEMSaaSSaaSAICubeCubeAI IaaSLLM OEMAIoT OEM202120245,800AI3,700CalexSharpABBSCGTCLPaaS2003,000202412311,316,000 Non-GAAPGAAP 2024AI(Non-GAAP)(GAAP) 2024AIGenAILLMs2024AI2024AISpatialLLMAIOn-DeviceAIGenAIAI 業務回顧及展望 20242.98630%47%11%2,2707.6%7,530268.5%50020248,04081010 PaaS 202458% 2024132SKU1073,000GoogleHome APIHEMSUNGC2024MSCIAESG AI 2024AI2023AI2024AIAgent(LLM)ChatGPT(Qwen)DeepSeekMistralGeminiAmazon Nova Claude LLM(LLM-agnosticarchitecture)LLMLLMAIAI(all-agnostic)IaaS AIAISpatialLLM AIAIAIAIPowered-by-Tuya(PBT)AIAIoT 業務回顧及展望 2024202542AI AI 20241231 20242023230.029.8%298.6PaaS •20241231PaaS2023167.729.4%217.12023PaaSDBNER2023123112103%2024123112122%•20241231SaaS202335.810.6%39.6•20241231202326.558.3%42.0 202412312023123.327.4%157.2 202412312023106.732.6%141.420241231202346.4%47.4% •20241231PaaS47.1%202343.7%•20241231SaaS71.9%202374.2%•2024123125.5%202325.5% 管理層討論與分析 202412312023212.511.0%189.1202412312023131.79.9%118.7 •2024123195.02023102.37.1%(i)(ii)(iii)11.6%2024123180.7202387.5 •2024123137.1202340.48.3%(i)(ii)(iii)(iv)2024123132.0202335.0 •2024123168.3202380.715.4%(i)(ii)(iii)2024123117.4202320.1 •2024123111.3 2024123147.62023105.855.0%2024123122.7202325.1 2024123115.9%202346.0%30.1202412317.6%202310.9%18.5 202412315.02023123160.3 2024123150.7 2024123175.3202320.4268.5% 202412311.7%202326.2%27.92024123125.2%20238.9%16.3 202412310.0120230.11A 202412310.1320230.040.03 202412311,016.720231231984.3 2024123180.4202336.4120.5%20241231 202274202275TuyaA2391TUYA-W7,300,000AA578,546,560 20241231 管理層討論與分析 20242023123147.6105.8202412315.02023123160.320241231569.920242023123180.436.4 202134904.7202275AA19.37,300,000A70.0 202412311,016.720231231984.3 20241231 20241231 2024123120231231 20241231(i)206.6(ii)202412315%20241231 202451420245212024630400,000,000202462020241231156.814.2%202412313.33.0 202412312.6 20241231 20241231 管理層討論與分析 ASC 83020241231 20241231 20241231 20241231 202482620249162024111820241118 2014828A2021318TUYAA2391TUYA-W 董事會報告 AIAIoTAIAIPaaSSaaSAIoTTuyaAI202412311 5 202412312014A14A 2022614AI20226120241231 2024121920251120271231 TencentMobility LimitedAA10%10%0.1%5%14A.76(2)A 董事會報告 20241219 202412319.28.7 20241231 2024202420186282019630202062320211227202496 2014122320198232022119(i)(ii)(iii) 202412312024123120241231 202450% OEMEDIEDIEDISPSP20191SPSP 2024202120242022118H(i)2024(ii) 董事會報告 2001121120089102016262022329 2021121020211217 • ••• ••• (i) (ii)(iii)(iv)(v)(vi) 董事會報告 (i)(ii)(iii)(iv)(v)(vi)(vii)(viii)(ix)(x) 1.00 (i)(ii)(iii)500,000(iv)(v)500,000(vi)(vii)(viii)(ix)(x)(xi) 董事會報告 (i)(ii)(iii) (i)(ii)(iii) (i)(ii)(iii)(iv) 董事會報告 (i)(ii)(iii)(iv)A (i)A14A.105(ii)14A.53(iii)14A.52 (i) (ii)(iv)A (iii)(i)(ii)(iii) (iv)A (v) AA (i)(ii)(iii) (i)(ii)(iii)(iv) 董事會報告 3000740 (i)(ii)(iii)(iv) 20241231202412310.010.001% ABAB TuyaGroup Inc.Tenet GroupTenet GlobalTenet GlobalTenet SmartTenet SmartTMF (Cayman) Ltd.TMF (Cayman) Ltd.Tuya Group Inc.75,320,130A43,379,870BUnileo1,974,570A26,825,430B 2,085,143A201577,294,700A70,205,300B(a)24.19%(b)24.27%(c)62.88%AB B1:1ABA70,205,300AA11.51%A 8A.22BBB (i)8A.17(1)(2)(3)(4) (ii)BB8A.18 董事會報告 B8A.18(2) (iv)BA B 202412313.2%13.0%2024123111.5%33.9% 202412315% 1 202412318 14.04(9)5% 2024123115 20241231 2024123160 20241231 20241231 202522620253130.06080.06083,700 202482620249110.05890.05893,300 董事會報告 20241231 2024123120241231500.6 5 202412312023 2022616 202261650,00075,000 2320241231 202412312324 100,000150,000400,000450,0007,500,0008,000,0008,500,0009,000,00018,500,00019,000,000 20241231 20241231 董事會報告 20241231 20241231 20241231 18 20241231 2024123113.1713.22 20241231XV(a)XV78(b)352(c) (1)20241231504,387,299A70,205,300BL(2)5,100,000A 董事會報告 20241231XV(a)352(b) 20241231XV23336 (5) Tenet Vision(4)Tenet Global(4)Tenet Smart(4)TMF (Cayman) Ltd.(4