法本信息：业绩增长加速，扎实推进公司各项业务

Investment Rating - The report maintains a "Buy" rating for the company, indicating an expected relative increase of over 15% compared to the CSI 300 index in the next six months [11]. Core Views - The company has demonstrated accelerated revenue growth, with a reported revenue of 3.169 billion yuan for the first three quarters of 2024, representing a year-on-year increase of 13.01%. The net profit attributable to shareholders reached 110 million yuan, up 30.15% year-on-year [2][3]. - The company is effectively controlling costs, achieving a third-quarter revenue of 1.083 billion yuan, a 10.20% increase year-on-year, and a net profit of 36 million yuan, which is a 54.41% year-on-year growth, indicating a faster growth rate compared to the first half of the year [2][3]. - The gross margin for the first three quarters of 2024 was 19.53%, down 2.84 percentage points from the same period last year, while the net margin improved by 0.46 percentage points to 3.47% [2]. Financial Summary - The company is projected to achieve revenues of 5.284 billion yuan in 2024, with a growth rate of 36.00%, and further increase to 7.026 billion yuan in 2025 and 9.134 billion yuan in 2026, with growth rates of 33.00% and 30.00% respectively [4]. - The net profit is expected to rise to 188.50 million yuan in 2024, 353.21 million yuan in 2025, and 534.27 million yuan in 2026, with growth rates of 66.80%, 87.38%, and 51.26% respectively [4]. - The diluted earnings per share (EPS) are forecasted to be 0.44 yuan in 2024, 0.82 yuan in 2025, and 1.25 yuan in 2026, with corresponding price-to-earnings (PE) ratios of 59, 31, and 21 [6][9]. Industry Developments - The company is advancing in the automotive sector, having established preliminary cooperation intentions with major domestic car manufacturers, indicating a significant step forward in its automotive business [3]. - The company hosted the Harmony Next conference, launching the "Star Plan" aimed at expanding its business in the Huawei Harmony ecosystem, which is expected to enhance its technical capabilities and market competitiveness [3].