ArcSoft(SH:688088) Ge Long Hui A P P·2025-12-09 08:22Core Viewpoint - Bohai Securities report highlights that Hongsoft Technology is deeply engaged in AI visual algorithms, with multiple curves driving growth [1] Group 1: Business Focus - The company specializes in the field of computer vision, providing algorithm licensing and system solutions [1] - The primary revenue source for the company is mobile intelligent terminal visual solutions [1] - The intelligent automotive solutions segment has shown rapid growth in recent years as an emerging business area [1] Group 2: Strategic Initiatives - The company is actively aligning with the trends of multimodal AI and AIGC, exploring cutting-edge businesses such as AI glasses and AI commercial photography [1] Group 3: Financial Performance - In the first three quarters of 2025, the company achieved a net profit attributable to shareholders of 142 million yuan, representing a year-on-year growth of 60.51% [1] Group 4: Market Position - The company has established a product matrix of visual AI algorithms covering current mainstream smartphone models [1] - As a global leader in visual AI, the company is expected to enable deep empowerment across multiple business scenarios in the future [1] Group 5: Investment Rating - The report initiates coverage with an "Overweight" rating for the company [1]