NavInfo(SZ:002405) Chang Jiang Shang Bao·2026-01-16 00:36Core Viewpoint - Four-dimensional Map (四维图新) has successfully turned losses into profits in 2025, with significant revenue and profit growth driven by its core businesses and strategic acquisitions [1][2][3]. Financial Performance - The company expects to achieve revenue between 4.06 billion and 4.34 billion yuan in 2025, representing a year-on-year growth of 15.42% to 23.50% [1][2]. - The net profit attributable to shareholders is projected to be between 90 million and 117 million yuan, with a year-on-year increase of 108.23% to 110.70% [1][2]. Business Growth Drivers - The turnaround is attributed to the explosive growth in data compliance and automotive chip sectors, with the data compliance segment becoming a major revenue driver [3]. - The automotive chip business has seen significant advancements, particularly with the launch of the AC7870 multi-core MCU chip, which aligns with new electronic and electrical architecture requirements [3]. Strategic Acquisitions - A key factor in the company's profitability is the strategic acquisition of Jianzhihai Cayman, which involved an investment of 1.8 billion yuan and resulted in approximately 1.566 billion yuan in investment income [3][4]. Research and Development Investment - Over the past five years, the company has invested a total of 6.874 billion yuan in R&D, establishing a strong technological barrier [4]. - The R&D expenditures from 2021 to the first three quarters of 2025 were 1.334 billion, 1.652 billion, 1.643 billion, 1.294 billion, and 0.951 billion yuan respectively [4]. Market Position and Future Outlook - The company has secured significant orders, with approximately 6.8 million new units planned for 2024-2025, collaborating with over 20 major automotive manufacturers [4]. - The company aims to focus on the automotive intelligence sector over the next three years, aspiring to become a leading Tier 1 supplier while leveraging its core capabilities in chips, positioning, and data [4].