鼎捷数智(300378)：继续稳健经营 AI业务商业化进程成效显著

Core Viewpoint - 鼎捷数智's 2025 H1 report shows steady revenue growth and significant advancements in AI integration, highlighting the company's resilience and potential for future growth [1][2][3] Financial Performance - In H1 2025, 鼎捷数智 achieved revenue of 1.045 billion yuan, a year-on-year increase of 4.1%, and a net profit attributable to shareholders of 45 million yuan, up 6.1% year-on-year [1] - The company's revenue from mainland China was 476 million yuan, while revenue from non-mainland regions (including Taiwan and overseas markets) was 569 million yuan, reflecting growth rates of 4.6% and 3.7% respectively [1] Regional Performance - The Southeast Asian market showed robust growth, with local business revenue increasing by 61% due to opportunities from Chinese enterprises expanding overseas and local digital upgrades [1] Business Segments - Revenue from R&D design, digital management, production control, and AIoT segments were 57 million yuan, 571 million yuan, 138 million yuan, and 274 million yuan respectively, with growth rates of 11.1%, 4.3%, 7.4%, and 3.5% [2] - The R&D design segment's growth was driven by the integration of AI technology into PLM products, enhancing customer pricing [2] AI Integration - AI business revenue grew by 125.9%, becoming a key driver of overall performance [3] - The company launched the enterprise intelligent agent generation suite and established foundational interaction standards for AI collaboration in manufacturing [3] Future Outlook - Revenue projections for 鼎捷数智 are 2.568 billion yuan, 2.816 billion yuan, and 3.056 billion yuan for 2025, 2026, and 2027 respectively, with net profits expected to be 202 million yuan, 251 million yuan, and 293 million yuan [3]