复旦大学管理学院院长陆雄文教授强调："管理学院以培养'将帅之才'为己任，通过此类合作持续赋能科创企业，培养引领中国经济发展、影响世界产业 变革的杰出管理人才。"榜单发布同期举办颁奖典礼及圆桌论坛，与安永等合作伙伴深化资源对接，推动获奖企业融入全球创新网络。 自2011年首届评选以来，历届获奖企业中已有60多家成功登陆国内外资本市场。本届榜单特别关注具身智能赛道，14家企业覆盖全产业链，彰显中国在实 体智能领域的创新活力。 "最具潜力企业"指在技术革新和商业模式上具有突破性潜力、能快速响应市场变化的高成长公司，其评选为科创生态注入持续 动能。 2025年10月10日，复旦大学管理学院与安永大中华区联合发布"2025最具潜力企业"榜单，作为持续追踪中国新兴企业成长的权威评选，本届聚焦具身智能 等前沿领域，旨在挖掘高成长性创新企业，助力中国产业转型升级。 榜单评选聚焦五大核心领域：具身智能、人工智能、生命科学、移动出行、芯片技术。评审委员会由行业专家、高校学者共同组成，从技术创新性、场景 落地能力、成长潜力等维度严格筛选，最终26家企业获"最具潜力企业奖"，8家企业获"种子企业奖"。 复旦大学管理学院会计学系系主任 ...

Core Viewpoint - The company's revenue growth is driven by an increase in major customers, with significant production increases from key clients in the automotive sector [2] Financial Performance - In H1 2025, the company achieved revenue of approximately 1.148 billion yuan, a year-on-year increase of about 42.87%, and a net profit attributable to shareholders of approximately 161 million yuan, up about 30.85% [1] - In Q2 2025, the company reported revenue of approximately 612 million yuan, a year-on-year increase of about 40.77%, and a net profit of approximately 88 million yuan, up about 41.03% [1] Cost and Profitability - In Q2 2025, the company's gross margin was approximately 29.15%, a decrease of about 0.79 percentage points year-on-year, while the net profit margin was approximately 14.35%, an increase of about 0.02 percentage points year-on-year [3] - The company's expense ratio in Q2 2025 was approximately 11.45%, a decrease of about 0.30 percentage points year-on-year and a decrease of about 2.91 percentage points quarter-on-quarter [3] Strategic Direction - The company is transitioning to become a global integrated supplier of automotive passive safety modules, with a focus on optimizing customer structure from domestic to foreign brands [4] - The company has secured two projects from Stellantis, with a total sales value of approximately 5.5 billion yuan, expected to start supplying in 2026 [4] - The company plans to explore innovative business areas such as new environmentally friendly materials and airbag systems for drones and flying cars [4] Investment Outlook - The company is expected to achieve revenues of approximately 2.802 billion yuan, 3.793 billion yuan, and 5.019 billion yuan for the years 2025 to 2027, representing year-on-year growth rates of approximately 42.2%, 35.3%, and 32.3% respectively [5] - Net profits for the same period are projected to be approximately 391 million yuan, 536 million yuan, and 714 million yuan, with year-on-year growth rates of approximately 50.2%, 37.1%, and 33.2% respectively [5] - As of August 20, 2025, the company's stock price corresponds to PE ratios of 25.92, 18.90, and 14.19 for the years 2025 to 2027 [5]