研报掘金丨国海证券：维持税友股份“增持”评级，B端AI+Saas打开新空间

Group 1 - The core viewpoint of the article highlights that Taxfriend Co., Ltd. has been deeply engaged in the G-end tax sector for over 20 years and is now expanding into the B-end AI+SaaS market, creating new opportunities [1] - The company is recognized as a leading domestic enterprise in the financial and tax AI+SaaS sector, focusing on TOG business and actively participating in projects like the Golden Tax Phase III and IV [1] - Taxfriend has developed the Xiyou financial and tax domain artificial intelligence platform, integrating AI Agent with financial and tax services, which is expected to lead the smart financial and tax sector and create a second growth point [1] Group 2 - The AIBM ecosystem market space where the company operates is vast, with a report from Frost & Sullivan and Taxfriend Group indicating that the domestic financial and tax AIBM ecosystem service industry market size is expected to reach 390.73 billion yuan by 2028, with a CAGR of 74.9% from 2023 to 2028 [1] - The company maintains a "buy" rating, reflecting confidence in its growth prospects within the expanding market [1]