人民财讯10月10日电，道通科技(688208)10月10日公告，预计2025年1—9月实现归属于母公司所有者的 净利润为7.1亿元至7.38亿元，同比增长31.17%至36.34%。本期在AI+诊断领域，公司持续深化AI多模态 语音大模型和AI Agents应用，具备AI特性的数字维修新品获得客户高度认可，实现了业绩的快速增 长，其中TPMS产品持续保持高速增长。 ...

Summary of Daotong Technology Conference Call Company Overview - **Company**: Daotong Technology - **Period**: First half of 2025 - **Revenue**: 2.045 billion CNY, up 27% YoY - **Net Profit**: 475 million CNY, up 64% YoY - **Key Business Segments**: - Intelligent Maintenance Terminals: 1.54 billion CNY - Energy Intelligent Hub: 524 million CNY - AI and Software: 281 million CNY Key Points and Arguments Financial Performance - **Overall Growth**: Achieved significant growth across all business segments, with total revenue reaching 2.045 billion CNY, a 27% increase YoY [2][3] - **Net Profit**: Non-GAAP net profit was 475 million CNY, reflecting a 64% increase YoY, with a further adjusted net profit of 506 million CNY, up 75% YoY [3] - **Quarterly Performance**: In Q2 2025, revenue was 1.252 billion CNY, a 14% increase from Q1, with net profit of 281 million CNY, also showing sequential growth [3] Business Segment Performance - **Intelligent Maintenance Terminals**: Revenue of 1.54 billion CNY, a 22.96% increase YoY. Key products include: - Automotive Diagnostic Products: 694 million CNY, up 14% - TPMS Products: 516 million CNY, up 57% - ADAS Products: 207 million CNY, up 17% - AI Agents Services: 276 million CNY, up 31% [5][6] - **Energy Intelligent Hub**: Revenue of 524 million CNY, a 40.47% increase YoY, with a gross margin improvement of 2.23 percentage points [5][8] - **AI and Software**: Revenue of 281 million CNY, a 30.13% increase YoY, driven by AI strategy and software upgrades [16] Market Dynamics - **TPMS Growth**: The TPMS market is expected to maintain high growth due to regulatory requirements and increasing safety awareness. The global demand for new TPMS sensors is estimated to exceed 30 billion CNY annually [7][17] - **Regulatory Impact**: New regulations in North America and Europe mandate TPMS installation in commercial vehicles, further driving demand [7][18] Strategic Initiatives - **AI Integration**: The company is advancing its AI-driven management transformation across core business areas, enhancing operational efficiency and decision-making [3][12] - **Digital Currency Exploration**: Daotong is exploring the use of digital currencies for payment in the energy charging sector to simplify overseas transactions [14][15] - **Product Development**: New products like the liquid-cooled charging module are set to launch in Q4 2025, expected to enhance performance and market competitiveness [8][29] Challenges and Future Outlook - **Gross Margin Pressure**: Overall gross margin slightly decreased by 1.9 percentage points, primarily due to U.S. tariffs. However, the company anticipates maintaining its gross margin targets for the year through cost control and product optimization [3][20] - **Future Growth Projections**: - AI Diagnostic Business: Expected revenue growth of approximately 20% in 2026 [36] - Energy Charging Business: Anticipated revenue growth of about 50% in 2026 [37] - TPMS Business: Continued high growth expected, with significant market potential remaining [37] Additional Insights - **Inventory Management**: The company increased its safety stock from 6 months to 9 months to mitigate tariff impacts while improving inventory turnover by 10% YoY [4] - **Software Revenue Trends**: The software cloud services segment showed a slight decline in short-term contract liabilities, indicating a shift towards longer-term customer commitments [21][23] This summary encapsulates the key insights from Daotong Technology's conference call, highlighting its financial performance, business segment growth, strategic initiatives, and future outlook.