研报掘金丨中邮证券：中科创达业绩持续高增，维持“买入”评级

Core Viewpoint - Zhongke Chuangda achieved a net profit attributable to shareholders of 229 million yuan in the first three quarters, representing a year-on-year increase of 50.72% [1] - In Q3, the net profit attributable to shareholders was 71 million yuan, up 48.26% year-on-year, exceeding expectations [1] Financial Performance - The company's performance continues to grow significantly due to its steadfast investment and deepening efforts in the operating system and edge intelligence sectors [1] - The smart IoT business line generated revenue of 1.27 billion yuan in the first half of the year, marking a year-on-year increase of 136.14% [1] Business Development - The development of the AIOS platform allows for the expansion and application of AI capabilities across various AI-related IoT smart hardware products, including AIPC and AI glasses [1] - The company has established vertical categories and scenarios in its IoT business, including handheld terminal devices, intelligent vision and edge computing, smart meeting systems, robots, AIPC, and wearables [1] Product Innovation - Customized mobile communication products and integrated hardware-software solutions are accelerating the rapid development of the company's AIoT platform [1] - Innovations in end-side intelligent products, such as AI video conferencing systems and AI wearable product series, are also driving the growth of the AIoT platform [1] Investment Rating - The company maintains a "Buy" rating [1]