DAS(SZ:002421) Chang Jiang Shang Bao·2025-09-16 23:18Core Viewpoint - The company, Dasan Intelligent, has secured a contract for the Xiaomi Wuhan Phase II smart project, valued at 23.869 million yuan, while facing significant revenue decline and net losses in the first half of 2025 [2][3][5]. Group 1: Project and Business Development - Dasan Intelligent has signed a contract with Mi Space Wuhan Information Technology Co., Ltd. for the Xiaomi Wuhan Phase II smart project, with a contract amount of 23.869 million yuan and a duration of 222 calendar days [2][3]. - The Xiaomi Wuhan Technology Park project covers an area of 143,000 square meters, including 9 office buildings and 3 apartment buildings, aimed at creating a large R&D center focused on smart hardware products [3][4]. - The company aims to establish a benchmark for smart space services in Wuhan through the Xiaomi project, enhancing its market share in smart space products and technical services [4][6]. Group 2: Financial Performance - In the first half of 2025, Dasan Intelligent reported a revenue of 990 million yuan, a year-on-year decrease of 26.80%, and a net loss of 88.7633 million yuan compared to a profit of 9.3091 million yuan in the same period last year [5][6]. - The decline in revenue is attributed to fluctuations in industry demand and slower progress on signed projects, leading to a significant drop in net profit [5][6]. - The company has implemented cost control measures, resulting in a 6.12% reduction in total expenses, amounting to 314 million yuan compared to 335 million yuan in the previous year [5][6]. Group 3: Innovation and Future Strategy - Dasan Intelligent has increased its R&D efforts, integrating its self-developed AIoT platform with AI technology, leading to a 214.35% increase in signed amounts for AIoT platform products [6][7]. - The company reported a 24.77% increase in revenue from AI-related products, rising from 10.8677 million yuan to 13.5599 million yuan [6]. - Looking ahead, Dasan Intelligent plans to strengthen technological innovation related to AI applications, optimize its business structure, and enhance risk management to achieve high-quality growth [7].