Investment Rating - The report maintains a "Strong Buy" rating for the company with a target price of 95.04 CNY per share [2][8]. Core Insights - The company reported a significant revenue increase of 37.44% year-on-year, reaching 3.299 billion CNY in the first half of 2025, with a net profit of 158 million CNY, up 51.84% year-on-year [2]. - The smart IoT business has become the core growth engine, achieving a revenue of 1.27 billion CNY, a substantial increase of 136.14% year-on-year, driven by continuous development in the AIoT sector [8]. - The company has maintained high R&D investment, amounting to 846 million CNY in the first half of 2025, representing 25.64% of its revenue, supporting product innovation under its core strategy of "Operating System + Edge Intelligence" [8]. - The release of the AI-native vehicle operating system, Drip OS 1.0 Evo, marks a significant advancement in the company's automotive strategy, integrating AI capabilities for enhanced performance [8]. - The company expects revenues of 7.231 billion CNY, 8.873 billion CNY, and 10.581 billion CNY for 2025, 2026, and 2027 respectively, with growth rates of 34.3%, 22.7%, and 19.2% [8]. Financial Summary - The company achieved a total revenue of 5.385 billion CNY in 2024A, with projected revenues of 7.231 billion CNY in 2025E, 8.873 billion CNY in 2026E, and 10.581 billion CNY in 2027E [4]. - The net profit for 2024A is projected at 407 million CNY, with expected growth to 501 million CNY in 2025E, 608 million CNY in 2026E, and 732 million CNY in 2027E [4]. - The earnings per share (EPS) is expected to increase from 0.89 CNY in 2024A to 1.09 CNY in 2025E, 1.32 CNY in 2026E, and 1.59 CNY in 2027E [4].

证券代码：300496 证券简称：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 | 在 AI 技术和企业效能结合方面,公司内部引入 AI 编码的工具，AI 创新 | | --- | | 的工具，包括办公领域与飞书集成"人事助手智能体"，自动解析流程 | | 需求并接入 OA 系统审批等, 通过一些创新的产品迭代，来改善组织的 | | 研发效率和日常工作效率。同时，公司也在和客户进行联合创新，积 | | 极发挥和现有的头部客户合作的优势,探索企业智能和业务效率改善等 | | 领域的工作。 | | 公司将坚定"操作系统+端侧智能"的核心卡位,通过全方位战略转型, 构 | | 建起"混合 AI"时代的全新基础设施以及智能产业的核心技术平台。 | | 三、问答 | | 1. 公司上半年智能物联网业务快速发展, 主要的驱动力和品类是哪些? | | 答: 在端侧智能领域, 公司将新型物联网技术、人工智能、边缘计算、 | | 云计算等技术在操作系统层进行深度融合，实现人与设备基于自然语 | | 言的流畅交互，设备和设备以及设备和空间之间的个性化互动，为硬 | | 件产品带来全新的智能体验, 形成了围绕 AI+软件 ...