众合科技：战略深化与技术革新双轮驱动，开启“空天地立体交通”新征程

Core Viewpoint - In 2024, Zhonghe Technology (000925) reported a revenue of 2.024 billion yuan and a net profit of 24 million yuan, highlighting its commitment to shareholder interests through a cash dividend of 10.0425 million yuan [1] Group 1: Strategic Development - Zhonghe Technology is advancing its strategic deepening and capital operations, focusing on the "Air, Land, and Space Integrated Transportation" scenario as part of its "14th Five-Year Plan" [1][2] - The company has successfully completed a private placement fundraising of approximately 684 million yuan, laying a solid foundation for its strategic layout in integrated transportation [1][2] - The company has developed a comprehensive transportation network that includes underground, ground, low-altitude, and low-orbit satellite systems, enhancing its core competitiveness and supporting the intelligent development of the transportation industry [2] Group 2: Technological Innovation - In 2024, Zhonghe Technology achieved significant advancements in product technology, focusing on "platform generalization + scenario customization" to upgrade its technology and product architecture [4] - The company has established a general high-safety and reliable computing platform and a general industrial digital platform, which support product development in the "Air, Land, and Space Integrated Transportation" field [4] - The innovative architecture has created a collaborative closed-loop model that improves R&D efficiency and enhances product adaptability across different scenarios [4] Group 3: Market Performance - The company reported a substantial increase in new orders related to the integrated transportation scenario, with the smart rail transit business achieving new orders of approximately 3.15 billion yuan, marking a historical high [5] - Zhonghe Technology's signal system holds a market share of 23.46%, ranking second in the industry according to the "2024 China Urban Rail Transit Market Development Report" [5] - The company plans to continue optimizing its technology and product architecture while deepening its core technological advantages to solidify its industry position [5]