Investment Rating - The report maintains a "Buy" rating for the company [7] Core Viewpoints - The upcoming Huawei Developer Conference from June 21-24, 2024, is expected to showcase significant advancements, including the Beta version of HarmonyOS and the Pangu Model 5.0, which may enhance the recognition and adoption of HarmonyOS and OpenHarmony [7][8] - The company has recently won a bid for the Southern Power Grid's open-source Harmony project, indicating its strong position in the market [7][8] - The acquisition of Tongfang Computer is expected to strengthen the company's resource capabilities and contribute to revenue growth through new product launches and collaborations [8] Financial Summary - The company reported total revenue of 17,581 million in 2023, with a projected increase to 28,959 million in 2024, reflecting a year-on-year growth rate of 64.7% [9] - The net profit attributable to the parent company is expected to recover from a loss of 277 million in 2024 to 699 million in 2025, with a steady growth forecast thereafter [9][10] - Earnings per share are projected to rise from -0.29 in 2024 to 0.73 in 2025, indicating a positive turnaround [9][10]
软通动力：开发者大会催化将至，开源鸿蒙、AIPC多方新进展