Core Viewpoint - The company Siwei Tuxin (SZ 002405) reported its semi-annual performance, showing a slight increase in revenue but continued net losses [2]. Financial Performance - For the first half of 2025, the company's operating revenue was approximately 1.761 billion yuan, representing a year-on-year increase of 5.62% [2]. - The net loss attributable to shareholders was approximately 311 million yuan, with a basic earnings per share loss of 0.133 yuan [2]. - In comparison, for the same period in 2024, the operating revenue was about 1.667 billion yuan, with a net loss of approximately 356 million yuan and a basic earnings per share loss of 0.1541 yuan [2].

Core Viewpoint - Siwei Tuxin has recently announced the acquisition of several invention patents from the China National Intellectual Property Administration and the United States Patent and Trademark Office, indicating a significant advancement in its technological capabilities [2]. Group 1: Patent Acquisition - The company, Siwei Tuxin, along with its subsidiaries Hefei Jiefa Technology Co., Ltd., Wuhan Jiekai Technology Co., Ltd., Beijing Century Gaotong Technology Co., Ltd., and Zhonghuan Satellite Navigation Communication Co., Ltd., has received invention patent certificates [2]. - The patents include titles such as "Method, Device, and System for Processing Map Data" and "Method, Device, and Equipment for Determining Error Interval," showcasing the company's focus on enhancing its technological offerings in the mapping and navigation sector [2].

Group 1 - The core viewpoint of the article is that Siwei Tuxin (002405.SZ) reported a revenue of 1.761 billion yuan for the first half of 2025, reflecting a year-on-year growth of 5.62% [1] - The net loss attributable to shareholders of the listed company was 311 million yuan, which narrowed by 12.68% year-on-year [1] - The net loss attributable to shareholders after deducting non-recurring gains and losses was 317 million yuan, also narrowing by 12.89% year-on-year [1] - The basic loss per share was 0.133 yuan [1]

Core Viewpoint - The company reported a revenue of 1.761 billion yuan for the first half of 2025, reflecting a year-on-year growth of 5.62% [1] - The net loss attributable to shareholders narrowed to 311 million yuan, a decrease of 12.68% year-on-year [1] - The net loss attributable to shareholders after deducting non-recurring gains and losses was 317 million yuan, also narrowing by 12.89% year-on-year [1] - The basic loss per share was 0.133 yuan [1] Financial Performance - Revenue for the first half of 2025: 1.761 billion yuan, up 5.62% year-on-year [1] - Net loss attributable to shareholders: 311 million yuan, down 12.68% year-on-year [1] - Net loss after non-recurring items: 317 million yuan, down 12.89% year-on-year [1] - Basic loss per share: 0.133 yuan [1]

Group 1 - The core point of the article is that Siwei Tuxin (四维图新) has no current collaboration or contact with Nvidia [2] - An investor inquired about potential cooperation between Siwei Tuxin and Nvidia on an investor interaction platform [2] - Siwei Tuxin confirmed on August 21 that there is no partnership with Nvidia at this time [2]

Core Viewpoint - The company reported a revenue of 1.761 billion yuan for the first half of 2025, reflecting a year-on-year growth of 5.62% [1] Financial Performance - The net profit attributable to shareholders of the listed company was -311 million yuan [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -317 million yuan [1] - The basic earnings per share were -0.1330 yuan [1]

Core Viewpoint - The company, Siwei Tuxin, is leveraging its intelligent driving solutions, global data compliance solutions, automotive-grade chips, and high-precision positioning capabilities to assist various joint venture and independent brands in exporting multiple vehicle models [1] Group 1 - The company is actively engaging with investors through interactive platforms to provide insights into its operational strategies [1] - The company emphasizes its technological capabilities, which include intelligent driving solutions and high-precision positioning [1] - The company is supporting both joint venture and independent automotive brands in their international market expansion efforts [1]

Core Insights - The company reported a revenue of 1.761 billion yuan for the first half of 2025, marking a year-on-year growth of 5.62% and a reduced net loss of 311 million yuan, which is a 12.68% improvement compared to the same period last year [1] - The company's core growth driver, the Zhiyun business, achieved a revenue of 1.265 billion yuan, reflecting a year-on-year increase of 24.42% [1] - The company is actively involved in the construction of high-level autonomous driving demonstration zones in Beijing and has successfully won the bid for the high-precision dynamic map construction project in Wuxi [1] Zhixin Business - The cumulative shipment of SoC chips has surpassed 90 million units, while MCU chips have exceeded 80 million units [2] - The new generation mid-to-high-end intelligent cockpit domain control chip AC8025 has been applied in multiple domestic and joint venture brand vehicles, receiving widespread attention [2] - The AC7870 MCU chip, based on the ARM Cortex-R52 core, supports ISO 26262 ASIL-D functional safety standards, with some models achieving mass production on domestic production lines [2] Intelligent Driving Business - The company launched an AI infrastructure service architecture that won orders from a leading joint venture car manufacturer, providing a full lifecycle closed-loop solution from data collection to model training [2] - This architecture integrates compliance, safety, and value capabilities, helping car manufacturers turn data security into a competitive advantage [2] - A standardized toolbox has been formed to flexibly adapt to the intelligent needs of different car manufacturers [2] Ecosystem Development and Strategic Cooperation - The company continues to deepen cooperation with partners such as Volcano Engine and Alibaba Cloud, accelerating the construction of a collaborative system integrating maps, data, hardware, algorithms, and cloud services [2] - With the rapid increase in smart vehicle penetration, the company has positioned itself as a comprehensive solution provider through its full-stack service capabilities [2]

Group 1 - The company achieved operating revenue of 1.761 billion yuan in the first half of 2025, a year-on-year increase of 5.62%, while the net profit attributable to shareholders narrowed to a loss of 311 million yuan, reducing losses by 12.68% compared to the same period last year, indicating continuous improvement in operational quality [1] - The core growth engine, the Zhiyun business, generated revenue of 1.265 billion yuan, a year-on-year increase of 24.42%, and the company participated deeply in the construction of the Beijing high-level autonomous driving demonstration zone 3.0 phase [1] - The company won the bid for the "Wuxi City Vehicle-Road-Cloud Integration Application Pilot Project" for high-precision dynamic map construction, and the data compliance business revenue significantly increased, effectively supporting the leading position of the Zhiyun business in the industry [1] Group 2 - The company’s Zhixin business saw cumulative shipments of SoC chips exceed 90 million units and MCU chips surpass 80 million units, with the new generation mid-to-high-end intelligent cockpit domain control chip AC8025 being applied in multiple domestic and joint venture brand models [1] - The AC8025AE cockpit parking integrated single-chip solution has gained widespread attention from customers, while the AC7870 MCU chip, based on the ARM Cortex-R52 core, supports ISO 26262 ASIL-D functional safety standards, enhancing supply chain resilience [1] - In the intelligent driving business sector, the company launched an AI new infrastructure service architecture that won orders from a leading joint venture car manufacturer, providing a full lifecycle closed-loop solution from data collection to model training [2] Group 3 - The architecture integrates compliance, safety, and value capabilities, helping car manufacturers turn data security into a competitive advantage, and has formed a standardized toolbox adaptable to different automotive intelligent needs [2] - The company continues to deepen strategic cooperation with partners such as Volcano Engine and Alibaba Cloud, accelerating the construction of a "map + data + hardware + algorithm + cloud" industry collaboration system [2] - With the rapid increase in smart car penetration, the company, leveraging its full-stack solution service capability, has become a comprehensive solution provider [2]

北京四维图新科技股份有限公司 NavInfo Co., Ltd. 2025 年半年度财务报告 二〇二五年八月 一、审计报告 半年度报告是否经过审计 □是 否 公司半年度财务报告未经审计。 二、财务报表 财务附注中报表的单位为：元 1、合并资产负债表 编制单位：北京四维图新科技股份有限公司 2025 年 06 月 30 日 单位：元 | 项目 | 期末余额 | 期初余额 | | --- | --- | --- | | 流动资产： | | | | 货币资金 | 2,487,531,631.32 | 2,576,694,568.96 | | 结算备付金 | 0.00 | 0.00 | | 拆出资金 | 0.00 | 0.00 | | 交易性金融资产 | 0.00 | 0.00 | | 衍生金融资产 | 0.00 | 0.00 | | 应收票据 | 19,669,509.07 | 29,331,307.32 | | 应收账款 | 1,164,105,080.41 | 995,516,541.46 | | 应收款项融资 | 17,227,897.24 | 34,922,728.56 | | 预付款项 | 128,518 ...