【私募调研记录】中欧瑞博调研德赛西威

Group 1 - The core viewpoint of the news highlights the recent performance and growth prospects of Desay SV, a listed company, as reported by the private equity firm, Zhongou Ruibo [1] - In Q1 2025, Desay SV achieved a revenue of 6.792 billion yuan, representing a year-on-year growth of 20.26%, and a net profit of 582 million yuan, with a year-on-year increase of 51.32% [1] - The company has secured multiple new project orders from well-known automotive manufacturers such as Li Auto and Xpeng, particularly in the field of advanced driver assistance systems [1] Group 2 - Desay SV's overseas order annual sales are projected to exceed 5 billion yuan in 2024, reflecting a year-on-year growth of over 120%, with several new project orders from international automotive companies [1] - The smart cockpit business is expected to generate revenue of 18.230 billion yuan in 2024, with annual sales from new project orders exceeding 16 billion yuan, indicating a solid market position [1] - The rapid upgrade of advanced driver assistance technology is anticipated to drive continuous iterations and upgrades of smart cockpit products, leading to an increased market penetration of higher-level products and expanding market space [1]