LY iTECH(SZ:002600) Ge Long Hui·2025-10-30 07:49Core Insights - The report from Guosheng Securities highlights that Lingyi Zhizao achieved a net profit attributable to shareholders of 1.941 billion yuan in Q1-Q3 of 2025, representing a year-on-year increase of 37.66% [1] - In Q3 of 2025, the company reported a net profit of 1.012 billion yuan, marking a year-on-year growth of 39.28% and a quarter-on-quarter increase of 177.37% [1] - The company's performance in the first three quarters and the single third quarter reached new highs since its listing, driven by hardware upgrades in cooling, batteries, and fast charging due to AI innovations [1] Financial Performance - For Q1-Q3 2025, Lingyi Zhizao's net profit was 1.941 billion yuan, up 37.66% year-on-year [1] - In Q3 2025, the company achieved a net profit of 1.012 billion yuan, reflecting a 39.28% year-on-year growth and a significant 177.37% increase compared to the previous quarter [1] Growth Drivers - The company is benefiting from trends in AI innovation, particularly in the areas of cooling, battery technology, and fast charging, which are enhancing its profitability [1] - Future growth is expected in four key areas: robotics, AI glasses, foldable screens, and servers, which are anticipated to further expand the company's performance growth space [1] Strategic Focus - Lingyi Zhizao continues to deepen its focus on AI terminal hardware-related products, with new growth in battery, thermal management, and fast charging businesses during the innovation cycle [1] - The company is well-positioned in emerging businesses such as humanoid robots, AI glasses, foldable devices, and servers, which are expected to drive a new round of growth in the medium term [1]