Qiming Information(SZ:002232) Quan Jing Wang·2025-11-24 07:54Core Viewpoint - The company held a performance briefing on November 21, 2025, where it engaged with investors, addressing various inquiries about its business operations and future strategies [1]. Group 1: Business Performance - The company reported a significant increase in quarterly revenue, reaching 15.917 billion yuan, a year-on-year growth of 77.91% [4]. - The net profit attributable to shareholders was approximately 352 million yuan, a staggering increase of 525.14% compared to the same period last year [4]. - The company acknowledged that most of its revenue comes from the parent group, and there were concerns about the decline in revenue despite the parent company's growth [6]. Group 2: Strategic Direction - The company is actively pursuing the smart connected vehicle sector and has received recognition for its project in this area, indicating ongoing efforts to transform and expand its market presence [2]. - There are ongoing discussions about the company's capital service projects, but no specific future direction was disclosed, emphasizing the need to monitor official announcements for updates [2]. - The company is focusing on enhancing its core competitiveness through AI and data applications, although there are questions regarding the tangible outcomes of these investments [4]. Group 3: Market Position and Challenges - The company’s stock performance has lagged behind the Shenzhen index by 25% this year, prompting inquiries about the reasons for this underperformance and future market strategies [4]. - There has been a notable increase in inventory, indicating a backlog of undelivered projects, raising concerns about the company's project delivery timelines [5]. - The company is exploring external market opportunities and partnerships, particularly in the vehicle networking sector, but specific agreements or market share changes were not detailed [6][7].