1） 云托管业务：空间广阔，公司业务处于快速成长阶段。据统软云大数据统计，全国范围内停车场数 量超过130 万个，若是按照每个停车场四条车道数来计算，全国存量车道数超过520 万条，截至24 年年 报公司云托管覆盖的停车场车道数1.5 万条，公司相关业务渗透率不足1.2%，未来成长空间非常广阔。 在云托管收费车道数增长的带动下，停车场云托管业务全年实现营业收入1.57 亿元，同比增长 23.29%。 2） 智慧停车运营业务进展迅速。公司核心竞争力为捷停车庞大的用户触达数量，截至2024 年底，捷停 车累计覆盖车场超5 万个，线上触达车主用户规模超1.3 亿，全年捷停车实现线上交易流水金额133 亿 元，同比增长13%。 在用户规模和交易规模的带动下，全年智慧停车运营业务包括交易佣金、车位增 收、增值运营等业务在内共实现收入1.45 亿元，较上年同期增长9.98%。 事件：公司发布半年报预告 3） 停车资产运营：停车资产运营业务新签订单持续增长。截至24 年年末，公司停车券业务新签采买 （置换）合同金额3.25 亿，同比增长90%；停车资管业务新签合同金额3.71 亿，同比增长31%。 预计公司归母净利润350 ...

证券代码：002609 证券简称：捷顺科技 公告编号：2025-043 盈利：1,701.70 万元 的净利润 深圳市捷顺科技实业股份有限公司 本公司及董事会全体成员保证信息披露内容的真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 一、本期业绩预计情况 项目 本报告期 上年同期 盈利：3,500 万元~5,000 万元 归属于上市公司股东 比上年同期增长 105.68%~193.82% 盈利：3,345 万元~4,845 万元 报告期内，公司持续推动"AI+停车经营"战略的落地，各项创新业务新签 订单继续保持较高增速。同时，传统智能硬件业务在第一季度扭转下滑势头的基 础上，第二季度继续保持企稳发展的势头。 扣除非经常性损益后 盈利：1,159.48 万元 的净利润 比上年同期增长 188.49%~317.86% 基本每股收益 盈利：0.0547 元/股~0.0782 元/股 盈利：0.0257 元/股 二、业绩预告预审计情况 本次业绩预告相关财务数据未经注册会计师预审计。 三、业绩变动原因说明 综上，得益于创新业务快速增长以及传统智能硬件业务企稳发展，公司整体 收入实现增长，进而增厚公司净利润，也为 ...

Group 1: Company Performance - In 2024, the company's innovative business new signed orders accounted for 53.64% of total new signed orders, indicating a successful transition from a traditional parking equipment provider to a smart parking operator [2][7] - The total new signed orders for innovative businesses reached 1.279 billion yuan, representing a year-on-year growth of 44.1% [2][7] - The company's operating revenue decreased by 4.01%, and net profit dropped by 72.04% due to several factors, including a decline in traditional hardware sales and reduced non-operating income [3][4] Group 2: Innovation and R&D - R&D investment in 2024 amounted to 154 million yuan, a year-on-year increase of 5.38%, accounting for 9.77% of operating revenue [3][4] - The company focuses its R&D on AI analysis technology, fee evasion recognition, and smart management platforms, enhancing the intelligence of the parking industry [3][4] - The innovative business is expected to maintain high growth rates over the next three years, driven by expanding market opportunities [2][7] Group 3: Market Strategy and Future Plans - The company is shifting from new project demands to existing market opportunities, having largely completed its de-real estate strategy [4][6] - Future growth in innovative business will be driven by a focus on "AI + parking operations," aiming to create an open industry platform [4][6] - The company plans to expand its renewable energy business, targeting existing parking customers with services like destination charging and energy-saving solutions [6][7] Group 4: Challenges and Responses - The traditional smart hardware business saw an 18% decline in revenue in 2024, prompting the company to adapt its strategy to focus on existing market needs [4][6] - The company is actively recruiting and training talent in technology and operations to enhance its competitive edge in the smart parking sector [8][9] - AI technology is being integrated into the parking business to improve customer experience and operational efficiency [8][9]

2025 年 05 月 06 日 晨会纪要 研究所： 证券分析师： 余春生 S0350513090001 yucs@ghzq.com.cn [Table_Title] 晨会纪要 ——2025 年第 74 期 观点精粹: 最新报告摘要 核心产品稳定增长，分红率保持在较高水平--佐力药业/中药Ⅱ(300181/213702) 公司点评 公司持续降本增效，AI+医疗推动成长--卫宁健康/软件开发(300253/217104) 公司点评 业务结构持续优化，期待低空标杆逐步落地--莱斯信息/软件开发(688631/217104) 科创板公司动态研究 业绩稳健增长，收购新潮优化竞争格局--分众传媒/广告营销(002027/217205) 公司点评 2024 年营收利润稳步增长，看好 AI 新态势--景旺电子/元件(603228/212702) 公司点评 国际业务快速发展，2024 年归母净利同比+13%--长久物流/物流(603569/214208) 公司点评 2025Q1 收入同比增长稳健，毛利率及费率持续改善--东航物流/物流(601156/214208) 公司点评 聚焦产品力与全渠道布局，IP 赋能注入新活力--晨 ...

Group 1: Performance Overview - In 2024, the company achieved a revenue of 671 million CNY from innovative businesses, marking an 18.70% year-on-year increase, accounting for 42.48% of total revenue [2] - The total new contracts signed for innovative businesses reached 1.279 billion CNY, representing a 44% increase, with innovative contracts making up a larger share of total new contracts [2] - The company reported a net operating cash flow of 218 million CNY in 2024, indicating a strong cash flow position [4] Group 2: Business Transformation - The company has largely reduced its reliance on the real estate sector, with most new contracts in 2024 coming from existing projects rather than new real estate developments [2] - Since 2021, the company has accumulated over 200 million CNY in bad debt provisions related to real estate clients, with 52 million CNY provisioned in 2024 [2][3] Group 3: Challenges and Financial Impact - Despite growth in innovative business orders and revenue, overall revenue slightly declined due to a drop in traditional hardware sales, leading to a significant profit decrease [3] - Non-operating income decreased by over 43 million CNY compared to the previous year, impacting overall profitability [3] Group 4: Q1 2025 Performance - In Q1 2025, the company saw a 64% increase in new orders, with innovative business orders growing by 188% year-on-year [5] - The overall revenue for Q1 2025 increased by 27%, with innovative business revenue contributing 57% of total revenue [5] Group 5: Future Business Strategy - The company plans to focus on the "AI + Parking Management" strategy in 2025, aiming to enhance its innovative business growth through various initiatives [6] - Key initiatives include promoting the "Revenue +" model and developing a "Cross-Brand E-commerce" model to optimize parking space utilization [6][8] Group 6: Parking Business Insights - The company’s parking revenue growth is expected to range from 5% to 20% depending on the location and surrounding conditions [7] - The cloud management service for parking has over 16,000 lanes under management, with a target to add over 4,000 lanes in the current year [9] Group 7: Collaborations and Innovations - The company has partnered with Tencent Maps to integrate parking information, enhancing user experience by providing seamless access to parking options [10]