研报掘金丨国盛证券：维持安科瑞“买入”评级，后续有望重点受益零碳园区建设

Core Viewpoint - Anke Rui achieved a net profit attributable to shareholders of 126 million yuan in H1 2025, representing a 25% year-on-year increase, with revenue growth in line with expectations [1] Financial Performance - The company's revenue for Q1 and Q2 was 240 million yuan and 300 million yuan respectively, with year-on-year growth of 0.6% and 2.3% [1] - The net profit attributable to shareholders for Q1 and Q2 was 52 million yuan and 73 million yuan respectively, with year-on-year growth of 15.3% and 32.6%, indicating a significant acceleration in Q2 performance [1] Industry Position and Future Outlook - As a leading enterprise in energy management systems, the company provides products for zero-carbon park construction, including carbon measurement meters, distributed photovoltaics, distributed energy storage, orderly charging for electric vehicles, and smart energy management platforms [1] - The company offers integrated solutions through "cloud-edge-end" collaboration, which is expected to benefit from the increasing demand for zero-carbon park construction in the future [1]