青矩技术：北交所信息更新：服务国家重点战略投资领域，工程管理科技服务加速

Investment Rating - The investment rating for the company is "Buy" (maintained) [1] Core Insights - The company, Qingju Technology, has maintained its position as a leading engineering cost consulting firm in China, achieving a revenue of 343 million yuan (+1.59%) and a net profit of 65.33 million yuan (+1.51%) in H1 2024. The order backlog at the end of the period was approximately 2.859 billion yuan, an increase of 2.31% from the beginning of the year [1] - The company has set performance targets for its 2024 equity incentive plan, aiming for revenue of no less than 1.03 billion yuan or a net profit of no less than 220 million yuan [1] - The report maintains profit forecasts for 2024-2026, expecting net profits of 227 million yuan, 263 million yuan, and 313 million yuan respectively, with corresponding P/E ratios of 8.6, 7.4, and 6.2 times [1] Summary by Sections Business Overview - Qingju Technology provides engineering cost consulting services, charging fees based on a percentage of project investment, typically between 0.3% to 1.5% of total project costs. The company serves 18 primary industry categories and 58 secondary industry subcategories, allowing it to adapt quickly to changes in national investment structures [2] Growth Drivers - The company is accelerating the development of its "engineering management technology services" segment, which generated revenue of 18.77 million yuan (+233.26%). This segment utilizes technologies such as AI, BIM, CLOUD, and DATA to enhance service offerings, including digital project management and investment construction big data [3] - The integration with Yizhu Technology has led to significant advancements, including the establishment of a digital management platform for construction projects, which has gained over 250,000 individual users and is applied in thousands of projects across more than 600 enterprise clients [3] Financial Performance - For the fiscal years 2022 to 2026, the company is projected to see steady growth in revenue and net profit, with revenue expected to rise from 828 million yuan in 2022 to 1.477 billion yuan in 2026, and net profit increasing from 161 million yuan to 313 million yuan over the same period. The gross margin is expected to remain stable around 45%, while the net margin is projected to be around 21% [3]