截至发稿，中科创达市值为337亿元。 每经头条（nbdtoutiao）——农夫大战怡宝，抢到更多蛋糕的却是宗馥莉！农夫绿瓶上市后，怡宝上 演"滑铁卢"：市占率大跌近5个百分点 （记者 王晓波） 每经AI快讯，中科创达（SZ 300496，收盘价：73.28元）发布公告称，2025年9月1日至9月28日期间， 中科创达接受博时基金等投资者调研，公司董秘、CFO王焕欣等人参与接待，并回答了投资者提出的问 题。 2025年1至6月份，中科创达的营业收入构成为：智能物联网占比38.49%，智能汽车占比36.03%，智能 软件占比25.48%。 ...

9月1日至28日，中科创达软件股份有限公司开展了特定对象调研以及"走进创业板综ETF成分股公司 （中科创达）活动"，吸引了博时基金、西部利得、前海联合等超50家机构参与。公司副总裁杨新辉、 董事长助理投资总监Rick MI等接待了来访人员。 从调研内容来看，机构对中科创达在各业务板块的布局与发展十分关注。 智能汽车领域：技术赋能，AI引领变革 在智能汽车领域，中科创达早在2013年便提前布局，2017年收购芬兰公司Rightware，优化迭代Kanzi产 品，成为全球主流车厂智能座舱首选的UI开发工具和引擎。 2025年，AI成为汽车行业主旋律，公司推出"AIOS + AIBOX"一体化解决方案。滴水AIOS以AI原生架构 为核心，重构智能座舱操作系统逻辑，实现算力动态智能分配与灵活模型调度。AIBOX则搭载NVIDIA Drive AGX芯片，提供200TOPS的AI算力与205GB/s的传输带宽，破解AI算力瓶颈，降低升级成本与周 期。 海外业务：全球化布局，助力企业出海 中科创达在全球化布局方面走在前列。操作系统的全球化技术属性，使其能为全球用户创造价值。以 AIOS为例，其融合全球汽车产业和应用生态， ...

Group 1: Company Overview and Strategy - The company has been focusing on the smart automotive sector since 2013, acquiring Rightware in 2017 to enhance its UI development tools for smart cockpits [3] - In 2025, AI is expected to redefine the automotive industry, transitioning from hardware-driven to AI-driven ecosystems [3] - The company aims to provide an integrated solution with "AIOS + AIBOX," creating a closed loop from software architecture to hardware support [3] Group 2: Product Innovations - The "滴水 AIOS" redefines the smart cockpit operating system, utilizing an AI-native architecture for dynamic resource management and seamless cloud integration [3] - The AIBOX, equipped with NVIDIA Drive AGX chips, offers up to 200 TOPS of AI computing power and 205 GB/s bandwidth, enabling smooth operation of large models [3][6] - The AI cockpit, built on Snapdragon Ride platform, features a 14B parameter model with a response time under 500ms, enhancing human-machine interaction [4] Group 3: Global Expansion and Market Strategy - The company has established a global R&D team across 16 countries, enhancing its ability to respond to local market needs [4] - The AIOS supports both domestic and international application ecosystems, aiding Chinese automotive manufacturers in their global strategies [4] Group 4: IoT and AI Applications - The IoT business has rapidly expanded, covering handheld devices, smart vision, edge computing, and AI glasses, among others [4][5] - The TurboXAI glasses utilize Qualcomm's Wear5100+MCU, providing millisecond-level response times and various functionalities [5] Group 5: Collaborations and Partnerships - The company has partnered with Volcano Engine since 2024, developing a comprehensive solution for the smart automotive sector [5] - The collaboration has led to the creation of an AI cockpit solution that integrates real-time cloud and vehicle communication, achieving a 500ms voice feedback response [5] Group 6: Robotics and Future Trends - The company is advancing its mobile robotics products, focusing on logistics and manufacturing sectors, with successful implementations in major global enterprises [6] - By mid-2025, the robotics products have been deployed in various industries, including automotive parts and logistics, with a growing presence in international markets [6]

Company Overview - Zhongke Chuangda, established on March 7, 2008, and listed on December 10, 2015, is a leading global provider of intelligent operating systems and edge intelligent products and technologies [1] - The company's main business revenue composition includes software development (37.17%), technical services (31.38%), merchandise sales and others (29.20%), and software licensing (2.24%) [1] Financial Performance - For the first half of 2025, Zhongke Chuangda achieved operating revenue of 3.299 billion yuan, representing a year-on-year growth of 37.44% [2] - The net profit attributable to shareholders for the same period was 158 million yuan, showing a year-on-year increase of 51.84% [2] Stock Performance - As of September 24, Zhongke Chuangda's stock price increased by 2.02%, reaching 74.15 yuan per share, with a total market capitalization of 34.138 billion yuan [1] - Year-to-date, the stock price has risen by 24.62%, but it has seen a decline of 4.67% over the last five trading days and 3.26% over the last twenty days [1] Shareholder Information - As of June 30, the number of shareholders decreased by 9.07% to 86,000, while the average circulating shares per person increased by 9.97% to 4,275 shares [2] - The top circulating shareholders include Hong Kong Central Clearing Limited and E Fund's ChiNext ETF, with significant changes in their holdings [3]

Group 1 - The MLOps concept declined by 3.31% as of the market close on September 23, ranking among the top declines in concept sectors, with ST创意 hitting a 20% limit down [1] - Major stocks within the MLOps sector that experienced significant declines include 启明信息, 科大国创, and 绿盟科技 [1] - The MLOps sector saw a net outflow of 1.236 billion yuan in principal funds today, with 16 stocks experiencing net outflows, and 7 stocks seeing outflows exceeding 50 million yuan [2] Group 2 - The stock with the highest net outflow in the MLOps sector was 润和软件, with a net outflow of 563 million yuan, followed by 中科创达 and 拓尔思 with net outflows of 252 million yuan and 175 million yuan respectively [2][3] - The top gainers in terms of net inflow today included 传音控股 and 星环科技, with net inflows of 200 million yuan and 423,540 yuan respectively [2] - The MLOps concept's outflow list includes stocks like 中科创达 and 拓尔思, which saw declines of 1.94% and 2.92% respectively, alongside their respective net outflows [3]

Summary of Zhongke Chuangda Conference Call Company Overview - Zhongke Chuangda is focusing on empowering the automotive industry through AIOS, promoting the transition of vehicles towards embodied robotics, enabling perception, decision-making, and execution capabilities through real-time human-machine interaction via onboard sensors [2][3][4]. Key Industry Insights - The integration of edge and cloud computing is driving the demand for AI Box solutions, which facilitate smooth operation of 7B models on vehicles, significantly reducing development costs and timelines [2][3][6]. - The automotive industry is transitioning from software-defined vehicles to AI-defined vehicles, with a notable growth in smart hardware across sectors like mobile, automotive, and robotics [3][4]. Core Product Developments - Zhongke Chuangda has launched an AI Box solution based on the NVIDIA platform, achieving up to 200 TOPS of AI computing power, marking it as the first edge device capable of running 7B models smoothly [2][4][6]. - The company is enhancing its capabilities in the robotics sector, particularly in autonomous mobile robots (AMR), utilizing multi-modal perception technology for precise positioning in industrial and logistics applications [2][5][7]. Strategic Partnerships - The company maintains close collaborations with chip manufacturers like NVIDIA and Qualcomm, ensuring that AIOS supports various chips and enhances product offerings [2][4][5]. - A stable partnership with Horizon is in place, focusing on core value provision around Horizon chips, promoting mutual empowerment in the development of autonomous driving technologies [8]. Visual Technology Advancements - Zhongke Chuangda has strengthened its visual technology capabilities through the acquisition of MM Solution, enabling applications across mobile, automotive, and IoT sectors [2][10]. - The company has developed a video conferencing product utilizing dual 4K cameras and AI directing algorithms, enhancing user experience through intelligent scene analysis [13]. Financial Performance and Efficiency - The improvement in expense ratios is attributed to enhanced operational and management efficiencies, allowing the company to adapt resources flexibly to seize industry opportunities [4][14][15]. - Continuous improvement in operational efficiency is a long-term goal, with a focus on optimizing expense ratios while capturing market opportunities [15]. Future Directions - Zhongke Chuangda is exploring the application of bipedal and quadrupedal robots, with a current emphasis on AMR technology, aiming to expand into more diverse applications in the future [5][7]. - The core of Zhongke Chuangda's future development is centered around its operating system (AIOS), which integrates AI capabilities and aims for comprehensive ecosystem and hardware-software fusion [20]. Additional Insights - The company is actively developing reference designs in the CRM sector to meet industry chain customer needs, ensuring rapid product delivery [18]. - In the Robot Taxi business line, Zhongke Chuangda is focused on building an overall platform, integrating AIOS and AI Box capabilities to empower customer needs [19]. This summary encapsulates the key points from the conference call, highlighting Zhongke Chuangda's strategic initiatives, product developments, partnerships, and future directions in the automotive and robotics industries.

Summary of Zhongke Chuangda Conference Call Company Overview - Zhongke Chuangda is focused on transforming automotive electronics architecture through an integrated AI framework, enhancing local data processing capabilities with AI Box, and improving human-machine interaction with its AI OS [2][3]. Key Industry Insights - The automotive industry is shifting from software-defined vehicles to AI-defined vehicles, driven by the demand for AI applications and integrated AI solutions [3][4]. - The AI Box platform, developed in collaboration with Geely and NVIDIA, supports real-time operation of a 7 billion parameter model, significantly enhancing AI capabilities in vehicles [2][4]. Core Product Features - **AI Box**: - Utilizes NVIDIA Drive AGX chip, providing 200 TOPS AI computing power and over 200 GB/s bandwidth, enabling the operation of 7 billion parameter models on the vehicle side [2][6]. - Facilitates seamless integration with in-vehicle devices through standardized open protocols, allowing for rapid support of multimodal models and multi-cloud combinations [6]. - **Dish OS**: - Transitioned to an AI-native architecture, enabling dynamic allocation of computing power and flexible model scheduling, which supports deeply integrated AI applications and seamless cloud service connectivity [5][9]. - Designed to reconstruct the interaction and service logic of smart cockpits without altering existing automotive electronic architectures [5]. Strategic Initiatives - Zhongke Chuangda employs a dual-engine strategy centered on Dish OS and AI Box, supporting comprehensive scene expansion and technological innovation [7]. - The company is also focusing on the development of IoT and mobile business sectors, benefiting from the rapid recovery trends in these areas due to the influence of edge AI [7][10]. Future Outlook - The company is optimistic about its future, particularly in domestic and international markets, leveraging its robust technology platform and ecosystem [7][10]. - Plans to expand its presence in 16 countries and regions globally, emphasizing the integration of AI and IoT in its offerings [10][12]. Emerging Technologies - The company is venturing into the robotics sector with Autonomous Mobile Robots (AMR) aimed at factory and warehouse logistics, utilizing multimodal perception technology for precise positioning and complex task handling [8]. - The AIoT platform is rapidly evolving, driven by the integration of AI technologies and the development of new products like AI glasses and AI PCs, which are closely tied to edge computing [11][12][14]. Product Development - The mobile business remains crucial, with ongoing innovations in AI smartphones that can be leveraged across various sectors, including automotive and IoT [17]. - The Turbo X AI glasses, featuring a dual-chip architecture, have significantly reduced power consumption and improved performance, setting a foundation for future developments in AI eyewear [18]. Conclusion - Zhongke Chuangda is positioned at the forefront of the automotive and IoT industries, with a strong focus on AI integration and innovative product development, indicating a promising trajectory for growth and market expansion [7][10].

Group 1 - The AI PC concept index rose by 1.05%, ranking fifth among concept sectors, with 23 stocks increasing in value, including Kosen Technology and Guanghe Technology hitting the daily limit up [1] - Notable gainers in the AI PC sector included Feirongda, Wentai Technology, and Changying Precision, which rose by 10.19%, 9.60%, and 9.04% respectively [1] - The sector experienced a net outflow of 1.631 billion yuan in capital, with 24 stocks seeing net inflows, and 10 stocks receiving over 100 million yuan in net inflows [2] Group 2 - The top net inflow stocks in the AI PC sector were Shenzhou Digital, with a net inflow of 393 million yuan, followed by Wentai Technology and Changying Precision with net inflows of 361 million yuan and 332 million yuan respectively [2][3] - The highest net inflow ratios were recorded by Taijia Co., Anfu Technology, and Shenzhou Digital, with net inflow ratios of 16.07%, 12.98%, and 9.75% respectively [3] - The overall market performance showed a mixed trend, with various sectors experiencing both gains and losses, highlighting the volatility in the market [2][5]

Group 1 - As of September 17, Huawei automotive concept stocks rose by 1.90%, ranking 7th in the concept sector, with 118 stocks increasing, and Lihexing hitting the daily limit with a 20% rise [1] - Notable gainers in the Huawei automotive sector include Haoneng Co., Shanzigaoke, and Mould Technology, which saw increases of 14.22%, 12.48%, and 12.44% respectively [1] - The sector experienced a net inflow of 8.81 billion yuan from major funds, with 77 stocks receiving net inflows, and 11 stocks exceeding 100 million yuan in net inflow [2] Group 2 - The leading stock in terms of net inflow was Ningde Times, with a net inflow of 12.43 billion yuan, followed by Haoneng Co., Shanzigaoke, and Zhongke Chuangda with net inflows of 3.27 billion yuan, 2.31 billion yuan, and 2.09 billion yuan respectively [2] - In terms of net inflow ratio, Haoneng Co., Lihexing, and Yokogawa Precision led with ratios of 15.74%, 14.09%, and 13.16% respectively [3] - The top stocks in the Huawei automotive concept sector included Ningde Times, Haoneng Co., and Shanzigaoke, with daily price increases of 6.70%, 10.03%, and 10.12% respectively [4]

Group 1 - Nomura raised the target price for Zhongke Chuangda from 54.00 yuan to 73.00 yuan [1]