每经记者｜黄博文 每经编辑｜文多 每经品牌100指数成分股本周在AI（人工智能）应用场景方面大展拳脚：公牛集团（SH603195）与阿里 云基于通义千问大模型等技术，共同探索端侧智能解决方案；比亚迪（SZ002594）将大模型接入座 舱，推出"AI壁纸""心理伴聊"等功能，让车机化身"情感伴侣"；美团-W（HK03690）正式发布首款AI编 程智能体产品NoCode，充当"赛博产品团队"。 当下，AI落地应用的垂直化、专业化正在不断加速。 一方面，模型不再追求"大一统"，而是加速深入特定行业场景（如制造、汽车、软件工程），进行专业 化调优与定制。另一方面，AI的技术融合度提升，不再孤立存在，比如"通义千问＋端侧"方案就强调了 端云协同。 这一系列进展绝非技术噱头，它标志着企业品牌战略与技术战略正深度融合。AI正成为企业刷新产品 与服务体验、构筑核心竞争力的关键杠杆工具。这种技术赋能的品牌"人设"转型已成为维系用户黏性、 市场份额的新基石，并将深刻塑造未来的竞争格局。 战略决策 运营举措 腾讯音乐-SW（HK01698）：拟收购喜马拉雅100%股权 6月10日，腾讯音乐宣布与喜马拉雅签署并购协议，计划以12.6 ...

5月21日，南都记者从面壁智能了解获悉，近期面壁智能完成新一轮数亿元融资，本轮融资由洪泰基 金、国中资本、清控金信和茅台基金联合投资。这一轮融资的完成，将进一步为面壁智能构筑高效大模 型技术、产品壁垒、加速行业赋能与生态拓展奠定坚实基础，协同产业上下游推动"端侧大脑"在千行百 业规模化应用。 对于新一轮融资，面壁智能联合创始人、CEO李大海表示，"如今大模型已经进入行业赋能的加速时 刻，需要我们对技术、市场具备更加前沿性的判断，并为大模型行业赋能提供充足的供给。" 完成新一轮数亿元融资 作为头部大模型厂商中稍显独特的一家，面壁智能从一开始就专注做端侧大模型。目前，面壁智能旗下 端侧模型面壁小钢炮MiniCPM凭借以小博大、高效低成本的性能优势，接连带来端侧GPT-4V和 ChatGPT时刻，将无限长文本、超清OCR识图、实时视频理解等首次集成到端侧。 今年 1 月，面壁智能发布了首个端侧全模态模型—— 面壁小钢炮 MiniCPM-o 2.6。截至目前，面壁小钢 炮 MiniCPM 系列全平台下载量累计破1000万。 面壁智能的首个端侧全模态模型—— 面壁小钢炮 MiniCPM-o 2.6，"持续看、实时听、自 ...

中科创达 20250509 摘要 • 中科创达发布 R1 模型，通过算法和软硬协同创新，降低预训练算力成本， 提升智能硬件交互友好性，尤其在手机、汽车及物联网产品中。 • 中科创达在 Energy World 2025 大会上展示 AI 眼镜、机器人及 Dewdrop OS 1.0 Evo 版本，AI 眼镜采用高通双芯片架构，优化续航和 交互，系统启动速率提升 75%，拍照响应速度加快 50%。 • 蓝牙高性能在高频场景功耗降低 30%，待机功耗降至 75%，结合 AI 显示 和眼动追踪技术，提升 AI 交互效率，实现端侧算法的毫秒级续航需求，应 用于 AI 语音识别、图像增强等多元场景。 • 中科创达发布 DuerOS 1.0 Evo 版本，建立端边云协同的 AI 原生架构， 整合芯片算力平台及人机交互，覆盖 50 多个座舱场景，集成 1,000 多个 语音控制功能，进入"AI 定义汽车"时代。 • 2025 年第一季度，物联网业务快速发展，与工业互联网密切相关，是物 联网平台积累成果的体现。机器人产品采用多模态融合感知技术，覆盖 12TOPS 到 80TOPS 算力，应用于汽车家电、3C 锂电等场景。 Q ...

中科创达 20250508 摘要 • 中科创达通过"OS 加 AI"战略，赋能手机、汽车、物联网三大传统业务， 并积极拓展移动机器人等创新业务，提供端到端解决方案，结合软件、AI 能力及生成技术，实现复杂环境下的稳定运行。 • 公司发布 DELOS 1.0 AI 原生整车系统，以端边云协同 AI 框架为核心，结 合主流芯片平台算力，实现车内外多模态感知及底层能力，重构人机交互 HMI 座舱系统，全面赋能汽车行业。 • 与火山引擎深度合作，共建端侧智能实验室，推动汽车和智能硬件转化应 用，提升技术实力，扩大市场影响力，有助于开拓新的商业机会。 • 在 ThunderWorld 2025 大会上，发布 TurboX 智能操作系统 1.0、AI 眼 镜及最新移动机器人产品，展示端侧产品最新成果，吸引合作伙伴，共同 探讨大规模合作机会。 • 整车操作系统领域，AI 定义汽车、AI OS 能力推进，整车系统架构和技术 能力搭建已成共识，中科创达通过 AI 加 OS 能力帮助客户快速实现产品迭 代，降低开发门槛。 Q&A 中科创达在端侧智能领域的最新业务进展和战略布局是什么？ 中科创达在端侧智能领域的战略布局主要围绕 A ...

股票代码：300496 股票简称：中科创达 中科创达软件股份有限公司投资者关系活动记录表 编号：2025-003 投资者关系活动类 别 □特定对象调研 □分析师会议 □媒体采访 √业绩说明会 □新闻发布会 □路演活动 □现场参观 □其他 （请文字说明其他活动内容） 参与单位名称及人 员姓名 线上参与中科创达 2024 年年度网上业绩说明会的投资者 时间 2025 年 04 月 30 日（星期三）下午 15:00-17:00 地点 "中科创达投资者关系"微信小程序 上市公司接待人员 姓名 董事长、总经理：赵鸿飞 董事、董事会秘书、财务总监：王焕欣 独立董事：杨磊 独立董事：黄峰 独立董事：刘硕 投资者关系活动主 要内容介绍 1、问：年报大超预期。 净利润和扣非净利润差的那 2.3 个亿是 不是这样这样的? 前年花了四百多万买了一个公司的 46%股权。 去年又花了八千多万买了那公司 21%股权。那么前年花的那四百 多万股权，去年变相中增值 1.5 个多亿。这 1.5 亿记入 2024 年 的净利润了。1.5 亿的升值利润，再➕上花掉的那八千多万，所 以净利润和扣非净利润就差了 2.3 个多亿。年报和三季报也多 出 ...

Core Viewpoint - The company reported a solid revenue growth in Q1 2025, but profit growth was hindered by increased R&D and sales expenses, indicating a focus on long-term innovation and market expansion [1][3]. Financial Performance - In Q1 2025, the company achieved revenue of 1.469 billion yuan, a year-over-year increase of 24.69% [1] - The net profit attributable to shareholders was 93 million yuan, reflecting a year-over-year growth of 2.00% [1] - The net profit after deducting non-recurring items was 88 million yuan, with a year-over-year increase of 2.48% [1] - Operating cash flow was 122 million yuan, showing a decline of 25.44% year-over-year [1] Product Development - The company launched three major products at the Thunder World 2025 conference, enhancing its smart ecosystem [2] - The products include Drip Water OS1.0 Evo, TurboX AI glasses, and new forklift models in the AMR sector, showcasing advancements in smart automotive, XR devices, and industrial automation [2] Strategic Partnerships - The company signed a strategic cooperation framework agreement with Hyundai to advance smart cockpit platform development [3] - Collaborations with ETAS, 面壁智能, and 瑞萨电子 aim to enhance safety and functionality in automotive solutions [3] - In the IoT sector, a partnership with Consult Red is set to expand global market reach [3] Investment Outlook - The company is viewed positively under its "Operating System + Edge Intelligence" strategy, with expectations for significant growth in smart automotive, robotics, and smart terminal sectors [3] - Projected net profits for 2025-2027 are 553 million, 803 million, and 967 million yuan, with corresponding P/E ratios of 45X, 31X, and 26X [3]

中科创达（300496.SZ）2025 年一季报点评 业绩持续改善，全面布局端侧智能生态 2025 年 04 月 29 日 ➢ 事件：2025 年 4 月 28 日晚公司发布 2025 年一季度报告，2025 年一季度 实现营收，归母净利润，扣非净利润分别为 14.69 亿元（yoy+24.69%），0.93 亿元（yoy+2.00%），0.88 亿元（yoy+2.48%）。经营现金流 1.22 亿元，同比 下降 25.44%。 ➢ 研发销售投入拖累利润增速，但营收保持稳健增长。中科创达 2025 年一季 度实现营业收入 14.69 亿元，同比增长 24.69%，显示主营业务持续扩张。归母 净利润 0.93 亿元，同比增长 2.0%，增速低于营业收入收增长，主要是由于公司 持续加大在智能汽车操作系统、物联网等核心技术的研发投入，从研发费用 2.82 亿元，同比增长 12.0%这一数据中也可以得到进一步证明。同时，公司积极拓展 全球市场业务，导致了销售费用有所增加。公司经营活动现金流净额 1.22 亿元， 虽同比下降 25.44%，但仍保持净流入状态。随着研发成果逐步转化和市场拓展 见效，公司盈利能力有望持续改 ...

Financial Performance - The company achieved a revenue of 3.53 billion CNY in 2024, representing a growth of 2.72% compared to the previous year [3] - The smart software business line generated revenue of 1.42 billion CNY, an increase of 0.49% year-on-year [3] - The smart automotive business line reported revenue of 2.42 billion CNY, growing by 3.42% [3] - The smart IoT business line earned 1.55 billion CNY, reflecting a growth of 3.73% [3] - Net profit attributable to shareholders was 407 million CNY, a decrease of 12.60% year-on-year [3] Regional Performance - Revenue from China decreased by 2.73% to 3.43 billion CNY [3] - Revenue from overseas markets (Europe, Japan, etc.) increased by 13.87% to 1.96 billion CNY [3] R&D Investment - R&D expenses increased by 8.16% to 77.52 million CNY, focusing on core technologies in edge intelligence [4] Future Outlook - The company plans to enhance core business and focus on high-growth areas in 2025 [4] - Global market expansion is a priority, with R&D centers established in 16 countries [4] - Continued investment in cutting-edge technologies and innovative applications is planned [4] Operational Efficiency - Significant improvement in operational efficiency is expected in the second half of 2024, with a projected revenue growth of 24.29% compared to the first half [4] - Net profit is anticipated to increase by 190.4% in the same period [4] AI and Edge Intelligence - The company is leveraging AI advancements to enhance software development and operational efficiency [6] - Collaboration with major AI model vendors is deepening, aiming to innovate in edge intelligence applications [5] - The integration of AI capabilities into operating systems and applications is becoming more prevalent, driving new embedded application scenarios [5] Market Trends - The AI industry is rapidly evolving, presenting significant opportunities for the company [8] - The shift towards edge intelligence is accelerating, with a focus on integrating AI into various devices and applications [9] - The company is positioned to capitalize on the growing demand for AI-driven solutions across multiple sectors [9]

Core Viewpoint - The launch of the AI-native vehicle operating system, Drip OS 1.0 Evo, by the company marks a significant advancement in automotive intelligence, integrating AI large model technology to enhance vehicle interaction and decision-making capabilities [1][2]. Group 1: Product Launch and Features - Drip OS 1.0 Evo was publicly unveiled at the 2025 Shanghai Auto Show, representing a year of iterative upgrades and a breakthrough in the automotive intelligence sector [1]. - The operating system features three major breakthroughs: ultra-realistic immersive cockpit experience, ultra-intelligent rapid response and high intent recognition, and a super-integrated ecosystem that consolidates global resources for mass production development [2]. Group 2: Strategic Development and Market Position - The company is deepening its focus on AI and edge intelligence, promoting the integration of AI large models with the automotive industry, and expanding into mobile robotics and smart devices [3]. - Collaborations with partners like Volcano Engine and HERE are enhancing the ecosystem by integrating chips, operating systems, and AI technologies, while also ensuring compliance in technology development and data usage [3]. Group 3: Financial Projections - The company projects net profits for 2025, 2026, and 2027 to be 553 million, 804 million, and 968 million yuan respectively, with corresponding price-to-earnings ratios of 44X, 30X, and 25X [4].