广和通：公司信息更新报告：出售境外车载业务，积极拓展端侧AI、机器人领域

Investment Rating - The investment rating for the company is "Buy" (maintained) [20] Core Insights - The company has sold its overseas vehicle-mounted communication module business to mitigate potential trade risks and avoid significant goodwill impairment, while also freeing up capital to explore emerging business opportunities [1][21] - The company is actively expanding into edge AI, robotics, and low-altitude flight sectors, which are expected to contribute to long-term growth as AI applications in these areas gradually materialize [2] - Despite the sale of the overseas vehicle-mounted business, the company continues to invest in communication module markets in Europe, North America, and Southeast Asia, while also focusing on robotics and edge AI [26] Financial Summary - Revenue for 2022 was 5,646 million, projected to grow to 7,716 million in 2023, with a year-over-year growth rate of 36.7% [4] - Net profit attributable to the parent company was 365 million in 2022, expected to increase to 564 million in 2023, reflecting a year-over-year growth of 54.5% [4] - Gross margin is projected to improve from 20.2% in 2022 to 23.1% in 2023, while net margin is expected to rise from 6.5% to 7.3% in the same period [4] - The company's P/E ratio is projected to decrease from 25.1 in 2022 to 16.2 in 2023, indicating a more attractive valuation [4]