INESA-it(SH:600602) Guotou Securities·2025-07-15 11:36Investment Rating - The investment rating for the company is "Buy-A" with a target price of 23.85 CNY for the next six months [6][12]. Core Insights - The company is actively involved in the AI industry chain and has established strategic partnerships to enhance its AI product deployment [2][4]. - As a major player in the Shanghai state-owned enterprise system, the company focuses on data center operations and cloud services, aiming to strengthen its AI capabilities [3][12]. - The company has been recognized for its blockchain technology capabilities, leading initiatives in developing national standards for government blockchain applications [5][12]. Summary by Sections Company Overview - The company is a significant data center and cloud service operator within the Shanghai state-owned enterprise system, with a focus on AI and blockchain technologies [3][12]. Financial Performance - Revenue projections for 2025, 2026, and 2027 are estimated at 65.24 billion CNY, 74.66 billion CNY, and 86.87 billion CNY respectively, with net profits of 2.56 billion CNY, 3.08 billion CNY, and 3.56 billion CNY [12][14]. Market Position - The company is positioned to benefit from the rapid growth of the AI industry and blockchain applications, particularly in the context of stablecoins and data elements [12][14]. Strategic Partnerships - The company has formed a strategic partnership with RingCloud to deploy advanced AI products effectively in various industry sectors [2][4].