麒麟信安三季度业绩稳增 多行业市场拓展全面提速

Core Viewpoint - The domestic operating system leader, Kirin Xin'an, is poised to enter a prosperous period in the信创 industry, driven by technological innovation and market expansion. Group 1: Financial Performance - In the first three quarters of 2025, the company achieved revenue of 159 million yuan, a year-on-year increase of 6.06% [1] - In Q3, the revenue reached 64.96 million yuan, growing by 7.33% year-on-year, indicating a steady growth trend [1] - The total R&D investment for the first three quarters amounted to 68.37 million yuan, up 20.43% year-on-year, with a R&D expense ratio of 43%, an increase of 5.14 percentage points year-on-year [1] Group 2: Technological Innovation - The company has accumulated 63 authorized patents and 214 software copyrights as of June 2025, showcasing its enhanced technological capabilities and innovation [1] - In Q3, R&D investment was 24.08 million yuan, a significant increase of 37.52% year-on-year [1] Group 3: Market Expansion - Kirin Xin'an has made breakthroughs in both traditional and emerging markets, particularly in the electric power sector, where it has participated in the construction of next-generation scheduling and distribution systems [2] - The company has secured contracts for smart campus projects in various schools, marking its success in multiple sectors including energy, finance, and education [3] - Recent strategic partnerships with companies like Wisdom Eye Technology and collaborations in the "AI + operating system" integration further deepen its market expansion in health and medical fields [3] Group 4: Industry Outlook - The信创 industry is expected to experience a new wave of development in 2025, with the market scale likely to exceed 1.8 trillion yuan, accelerating the construction of a domestic digital ecosystem [1] - As a leading enterprise in the domestic operating system sector, Kirin Xin'an is actively participating in open-source communities like openEuler, which is crucial for the development of the信创 industry [3]