DIGIWIN(SZ:300378) Yong Xing Zheng Quan·2025-06-30 07:54Investment Rating - The report maintains a "Buy" rating for the company [4] Core Insights - The company is leading enterprises towards a digital-native transformation by upgrading its product thinking and driving software development through an "upgrade" paradigm, having initiated the "Smart+" strategy in 2015 and the Athena platform development in 2019 [2][3] - The company has developed a new driving force for digital intelligence, covering five major areas: R&D design, production manufacturing, quality control, business management, and after-sales service [2] - The AI suite includes a comprehensive data management stack, enterprise AI generation suite, integration of AI into ERP, PLM, MES, and WMS systems, and an AIoT command center, showcasing the company's capabilities in digital transformation [3] Financial Projections - Revenue projections for 2025, 2026, and 2027 are estimated at 2.658 billion, 3.051 billion, and 3.576 billion respectively, with year-on-year growth rates of 14.0%, 14.8%, and 17.2% [4][6] - Earnings per share (EPS) are projected to be 0.73, 0.91, and 1.14 for the years 2025, 2026, and 2027 respectively [4][6] - The price-to-earnings (PE) ratios corresponding to the closing price on June 27 are 48.87, 39.07, and 31.40 for the years 2025, 2026, and 2027 respectively [4][6]