【重磅深度/希迪智驾】深耕无人矿卡的智能驾驶平台型企业

Group 1: Company Overview - The company, founded in 2017 by Professor Li Zeshang, is a global leader in smart driving hard technology products, focusing on autonomous driving and V2X technology for closed scenarios like mining and enclosed parks [2][10] - The company has a strong management team led by Li Zeshang, with extensive experience in motion control and manufacturing [11][18] - The company's revenue has been growing rapidly since 2024, with a compound annual growth rate of 74.62% from 2021 to 2024, driven by the expansion of its autonomous mining truck customer base [22] Group 2: Autonomous Mining Trucks - The company's "Yuan Mining" overall solution integrates multiple technologies, including smart driving and V2X, and is a platform product that can be promoted to other application scenarios [3][34] - Following a major mining accident in Inner Mongolia in 2023, national policies are pushing for automation in mining, aiming for at least 60% of coal mines to be intelligent by 2026 [3][40] - The market for autonomous mining trucks in China is expected to grow significantly, with a projected market size of RMB 396 billion by 2030, reflecting a compound annual growth rate of 65.3% from 2024 [50] Group 3: V2X Intelligent Transportation Solutions - The company is a leading provider of V2X intelligent transportation solutions, integrating advanced perception technology, sensor fusion algorithms, and V2X communication functions [4][75] - The V2X market in China is experiencing rapid growth, with a projected market size of RMB 238 billion by 2030, reflecting a compound annual growth rate of 50.9% from 2024 [79] - The company has successfully implemented V2X projects in multiple national pilot areas, establishing a strong market presence and influence [81] Group 4: Financial Projections and Investment Recommendations - The company is expected to see significant revenue growth driven by the continuous increase in autonomous mining truck orders, with projected revenues of RMB 10.78 billion, RMB 20.00 billion, and RMB 40.50 billion for 2025, 2026, and 2027 respectively [86] - The company is forecasted to achieve a net profit of RMB 1.03 billion in 2026 and RMB 6.27 billion in 2027, indicating a turnaround from previous losses [90] - The company is rated as a "buy" based on its strong growth potential in the autonomous mining truck sector and its competitive position in the V2X market [93]