SUPCON Technology (688777)2024-12-16 11:15Investment Rating - The report maintains a "Buy" rating for the company [2][4] Core Insights - The company has successfully won the bid for the full plant control system framework project for Rongsheng New Materials, marking a significant achievement in the application scale of process enterprise control systems [2][4] - The newly launched UCS product Nyx is expected to significantly reduce project costs and enhance production and operational efficiency through its cloud-native design [3][4] - The implementation of the "1+4" AiPlant scenario demonstrates the company's core competitiveness in AI and data, with several cutting-edge products being applied on a large scale in the project [3][4] Financial Forecasts and Valuation - The company forecasts total revenue to grow from 8,620 million yuan in 2023 to 17,300 million yuan in 2026, with a compound annual growth rate (CAGR) of approximately 23.61% [2][4] - The net profit attributable to the parent company is projected to increase from 1,101.76 million yuan in 2023 to 2,001.22 million yuan in 2026, reflecting a CAGR of about 22.25% [2][4] - The report estimates the earnings per share (EPS) to rise from 1.39 yuan in 2023 to 2.53 yuan in 2026, indicating a strong growth trajectory [2][4]