转自：前瞻产业研究院 以下数据及分析来自于前瞻产业研究院计算机仿真研究小组发布的《中国计算机仿真行业发展前景与投 资预测分析报告》 行业主要上市公司：华力创通(300045.SZ)、霍莱沃(688682.SH)、华如科技(301302.SZ)、坤恒顺维 (688283.SH)、视觉中国(000681.SZ)、康拓红外(300455.SZ)、捷安高科(300845.SZ)、永信至诚 (688244.SH)、经纬恒润(688326.SH)等。 本文核心数据：计算机仿真企业竞争格局，计算机仿真市场集中度 1、中国计算机仿真行业竞争梯队 从我国计算机仿真行业企业竞争格局来看，处于第一梯队的企业为航天智装、索辰科技等企业，其计算 机仿真业务营收大于3亿元，在计算机仿真行业多元化布局等方面具有一定优势。其次是华力创通、华 如科技等计算机仿真企业，业务营收在2-3亿元之间。最后是永信至诚等，业务营收在2亿元以下。 注：数据截止到2025年11月29日。 从代表性企业分布情况来看，我国计算机仿真代表企业分布在江苏、上海、北京、四川、河北等地，其 中北京的计算机仿真产业代表性企业较多。 3、中国计算机仿真行业竞争格局 2、中国 ...

Core Insights - The report highlights the growth and performance of the computer simulation industry in China, particularly focusing on the automotive sector and the financial results of key listed companies in 2025 [1][9]. Group 1: Market Size and Revenue - The global automotive computer simulation market and the Chinese automotive computer simulation market are significant, with major listed companies showing revenue growth in the first half of 2025 [1]. - Aerospace Intelligent Equipment reported the highest revenue among listed companies at 696 million yuan in 2025 [1]. Group 2: Business Revenue Stability - Most companies in the Chinese computer simulation industry, except for Huaru Technology, have stable revenue from their simulation business, with Aerospace Intelligent Equipment projected to generate 571 million yuan in 2024, the highest among listed firms [2]. Group 3: Profitability Metrics - There is a notable disparity in gross profit margins among leading companies in the computer simulation industry, with Suochen Technology achieving the highest margin at 71.77% in 2024, while Huaru Technology reported its first loss in recent years [4]. Group 4: Regional Business Distribution - The majority of companies in the computer simulation industry have a strong domestic presence, with revenue from domestic operations typically exceeding 80% [5].

Industry Overview - The computer simulation industry in China has a limited number of listed companies, but the industry chain is extensive, with key players in the midstream segment including Huazhi Chuantong, Holiwo, and Huaru Technology [1] - The industry is expected to grow, with significant revenue contributions from various companies, particularly in the fields of military simulation, training, and digital transformation [16] Key Companies and Their Performance - Listed companies in the computer simulation sector include Huazhi Chuantong (5.64 billion), Holiwo (2.15 billion), Huaru Technology (1.57 billion), and others, with varying revenue performances [5][14] - The largest revenue-generating company in the sector is Langxin Information, with 1206.69 billion, followed by TCL Technology at 1359.43 billion [4] Business Focus and Strategies - Huazhi Chuantong aims to solidify its foundation in simulation testing and radar signal processing, focusing on domestic alternatives in the aerospace industry [16] - Holiwo is working to achieve international standards in simulation functionality and precision, while also integrating AI technology into its software [16] - Huaru Technology is leveraging military models for intelligent decision-making and virtual training applications [16] Market Dynamics - The computer simulation industry is characterized by a high concentration of business activities, with many companies having over 90% of their business focused on simulation [12] - The geographical distribution of representative companies is concentrated in regions like Beijing, Jiangsu, and Shanghai, with Beijing having the most significant number of companies [6] Revenue and Financial Metrics - The revenue from computer simulation business for major companies is generally below 3 billion, with notable exceptions like Aerospace Zhizhuang and Jiean Gaoke, which have higher revenues [14] - The gross profit margins for companies in the sector vary, with Jiean Gaoke achieving a margin of 1.84% [14] Future Outlook - The industry is expected to continue evolving with advancements in technology and increased demand for simulation solutions across various sectors, including defense and telecommunications [16] - Companies are focusing on enhancing their product offerings and expanding their market reach through strategic partnerships and technological innovations [16]

Core Insights - The computer simulation industry in China is experiencing fluctuating investment activity, with a total of 108 financing events from 2016 to 2025, indicating a volatile upward trend in investment [2][27]. - The average single financing amount in the computer simulation industry has shown a fluctuating trend, with an average of 0.3 billion yuan from January to November 2025 [4]. - Investment rounds are primarily concentrated in the angel and A rounds, reflecting a "large at both ends, small in the middle" characteristic in financing rounds [7][23]. Investment Activity - In 2024, there were 12 disclosed financing events totaling 0.873 billion yuan, while by December 1, 2025, there were 30 financing events totaling approximately 0.889 billion yuan [2][3]. - The majority of financing events are concentrated in Beijing, with 40 events, followed by Shanghai with 33 events, and other regions like Jiangsu, Guangdong, and Zhejiang also showing high activity [8]. Sector Focus - The computer simulation industry is primarily focused on the industrial sector, with significant financing events occurring between 2021 and 2023 [11]. - The main investors in the computer simulation industry are predominantly investment firms, with notable examples including交银投资 and 深创投, while industrial investors include companies like 比亚迪 and 金蝶国际 [23]. Mergers and Acquisitions - The industry is still in its early development stage, leading to smaller company sizes and limited mergers, primarily focusing on horizontal integration among midstream companies to expand scale [25][27]. - Recent merger activities include horizontal integrations such as 索辰科 acquiring 力控科技 and 露辰科 acquiring 麦思捷 [26].

Core Insights - The global computer simulation industry market size reached $300 billion, growing from $182.5 billion in 2018, with a projected growth trend from 2019 to 2024 [3][11] - Computer simulation technology has penetrated various industries, initially starting in military applications and expanding into civil sectors such as aviation, education, and manufacturing [1][11] Industry Overview - Major listed companies in the computer simulation industry include Huali Chuangtong (300045.SZ), Holowell (688682.SH), and others [1] - The industry has seen significant growth due to advancements in internet and information technology, with a forecasted market size of approximately $300 billion by 2024 [3] Application and Development Trends - Computer simulation technology is widely applied across defense, industrial, and various human production and life aspects, including aerospace, electronics, and energy sectors [11][13] - The application range is continuously extending, with emerging markets in developing countries like China and India expected to accelerate growth [9][13] - The technology has evolved from theoretical research to practical applications in production, driving demand and enhancing simulation capabilities [11][13] - Cloud-native architectures are transforming the market by providing "simulation as a service," improving accessibility and efficiency [13]