Newtouch(SH:688590)2024-03-21 16:00Investment Rating - The report maintains a "Buy" rating for the company [6] Core Views - The company has partnered with Huawei to launch the "Xinzhi Ascend Large Model Integrated Solution," which utilizes domestic AI computing power and offers various mainstream large models for diverse industries [4][5] - The AI platform integrates knowledge graphs and large models to enhance insurance marketing, providing multiple intelligent software robot products that streamline various processes [5] - The company is expected to experience rapid growth due to successful AI product expansion and the increasing demand for marketing systems in the insurance industry [5][6] Financial Summary - The company is projected to achieve revenues of 1.688 billion, 2.168 billion, and 2.905 billion yuan for the years 2023, 2024, and 2025 respectively, with a year-on-year growth rate of 28.3%, 28.4%, and 34.0% [8] - The net profit attributable to the parent company is forecasted to be 0.71 billion, 1.98 billion, and 2.83 billion yuan for the same years, reflecting significant growth from previous estimates [6][8] - The earnings per share are expected to increase from 0.28 yuan in 2023 to 1.09 yuan in 2025, indicating a positive trend in profitability [8]