LK(SH:600388) Changjiang Securities·2025-06-02 13:17Investment Rating - The investment rating for the company is "Buy" and is maintained [7]. Core Views - On May 29, 2025, the company announced an investment of 75.075 million yuan to acquire a 20% stake in Jitai Intelligent, aiming to become the second-largest shareholder. Jitai Intelligent specializes in wall-climbing inspection robots and related operation and maintenance systems, which have certain synergies with the company's business. The target company is expected to achieve a net profit of 12.67 million yuan in 2024, and its performance is anticipated to improve significantly under the market support of the company [2][4][10]. Summary by Sections Event Description - The company plans to invest 75.075 million yuan to acquire a 20% stake in Jitai Intelligent, which will make it the second-largest shareholder [4]. Financial Performance and Forecast - Jitai Intelligent is projected to achieve revenues of 91.6537 million yuan and a net profit of 12.67 million yuan in 2024. The company expects to see a strong performance boost from the market support provided by the company [10]. - The company has a dual-driven strategy of "environmental protection + new energy," with strong order acquisition capabilities in its main business. It anticipates net profits of 1.152 billion yuan, 1.503 billion yuan, and 1.802 billion yuan for 2025, 2026, and 2027, respectively, representing year-on-year growth of 38.7%, 30.5%, and 19.9% [10].