深圳市亿道信息股份有限公司 投资者关系活动记录表 | | 原有工程式和平台型研发工作，深入理解上游核心器件的技术演变路 | | --- | --- | | | 径并开展预研，加大在各主流技术平台架构基础上的定制化开发力度。 | | | 报告期内，研发项目和新申请的专利数量均有所增加，相继推出了 AI | | | 行业终端、AI 企业工作台、AI 眼镜、AI 边缘计算大模型、AI 数字人、 | | | AI Server 等多项突破性研发成果，研发设计能力的整体提升进一步满 | | | 足了客户差异化需求，助力公司服务更多大中型品牌客户，从而带来 | | | 增量收入。另一方面，公司在 2024 年 1 月成立亿道研究院，联合以粤 | | | 港澳大湾区数字经济研究院（IDEA 研究院）为代表的各大高校、科研 | | | 院所及国际化研究机构，共同推动人工智能、感知技术、云计算、原 | | | 生硬件和空间智能等前沿科技的研究开发工作。谢谢。 | | | 3、公司的回购计划进行到哪一步？ | | | 答：尊敬的投资者您好，感谢您的关注。公司的回购计划正有序 | | | 推进中，公司将根据市场情况及公司发展状况， ...

Core Viewpoint - The financial performance of Yidao Information (001314) for the first half of 2025 shows significant growth in revenue and net profit, although there are concerns regarding accounts receivable and cash flow [1][2]. Financial Performance Summary - Total revenue for the first half of 2025 reached 1.52 billion yuan, a year-on-year increase of 19.24% compared to 1.274 billion yuan in 2024 [1]. - Net profit attributable to shareholders was 11.41 million yuan, up 96.02% from 5.82 million yuan in the previous year [1]. - The gross profit margin decreased to 14.4%, down 13.58% year-on-year, while the net profit margin improved to 0.7%, an increase of 58.21% [1]. - The total of selling, administrative, and financial expenses was 87.73 million yuan, accounting for 5.77% of revenue, a decrease of 30.19% from the previous year [1]. - Earnings per share doubled to 0.08 yuan from 0.04 yuan, reflecting a 100% increase [1]. Balance Sheet Changes - Accounts receivable increased by 53.46%, rising to 371 million yuan from 242 million yuan [1]. - Cash and cash equivalents increased by 53.41% to 1.202 billion yuan [1]. - Interest-bearing debt surged by 461.93%, reaching 430 million yuan [1]. - Inventory saw a significant increase of 69.69%, attributed to expanded production scale and increased raw material and finished goods stock [1][2]. Cash Flow and Investment Activities - Operating cash flow per share decreased by 49.46% to -2.26 yuan, indicating cash flow challenges [1]. - The net cash flow from investing activities increased by 65.0%, due to a reduction in the purchase of financial products [3]. - The net increase in cash and cash equivalents rose by 80.42%, driven by reduced purchases of financial products [3]. Business Model and Market Position - Yidao Information primarily relies on research and marketing for its performance, with a focus on smart electronic products and solutions [5]. - The company’s product mix includes 75.04% from smart hardware, 9.39% from rugged smart industry terminals, and 11.58% from XR and IoT products [5]. - The return on invested capital (ROIC) for the previous year was 0.65%, indicating a need for improvement in capital efficiency [4][5].

Group 1: Company Overview - Yidao Information is a provider of smart electronic products and solutions, with 2024 product classification showing 75.04% from smart hardware, 9.39% from rugged intelligent industry terminals, 11.58% from XR and AIoT products, and 3.99% from other categories [2]. Group 2: Business Strategy and Growth - In 2024, the company adjusted its product and market strategies, increasing R&D investment and marketing efforts, resulting in a revenue growth of 5.38% year-on-year [2]. - The rugged intelligent industry terminal products are crucial for the digital economy, enhancing the digitalization process and supporting new industrialization [2]. Group 3: Product Development and Market Focus - The "ONERugged" brand achieved a significant breakthrough in 2024, with a growth exceeding 600% [3]. - Future focus areas for the rugged business include industrial automation, smart manufacturing, retail, logistics, automotive, and public services, with a diversified online and offline channel strategy [3].