E-HUALU(300212) Quan Jing Wang·2025-04-18 06:26Group 1 - The core viewpoint of the articles highlights the strategic transformation of the company towards smart transportation and data governance, with a focus on quality over quantity in project selection [1][2] - In 2024, the company reported total revenue of 465 million yuan, with digital systems and data operations contributing 213 million yuan and 252 million yuan respectively, accounting for 45.86% and 54.14% of total revenue [1] - The company is increasing its investment in data innovation and integrating new and old business models to create a new business system centered around data assetization [1] Group 2 - The company has significantly increased its R&D investment to 172 million yuan, representing 37% of its revenue, which is a 6 percentage point increase from the previous year [2] - During the reporting period, the company applied for 45 invention patents and 6 utility model patents, and it has established a strong technical reserve in cutting-edge fields such as integrated computing and data assetization [2] - The company is positioned as a pioneer in technological reform, leveraging its standard-setting authority and technological moat in smart transportation and data elements to convert policy benefits into sustainable competitive advantages [2]