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龙旗科技(603341):“1+2+X”持续推进 ODM龙头打开成长空间
Xin Lang Cai Jing· 2025-08-04 04:27
Group 1 - The core strategy of the company is the "1+2+X" approach, focusing on smartphones while expanding into tablets, smart wearables, and emerging sectors like AIPC and AI glasses [1] - The company has over 20 years of experience in the intelligent terminal ODM industry, evolving from feature phone IDH to a comprehensive ODM model [1] - The company aims for an average annual revenue growth of approximately 10% and a net profit growth of about 20% from 2025 to 2028 [1] Group 2 - AI is driving innovation in the intelligent terminal sector, with AI smartphones and AIPC serving as key platforms for human-computer interaction [2] - The ODM industry is seeing an increase in market share for leading companies, with a focus on cost control and a more diverse range of products [2] - The gross margin of the ODM industry is significantly affected by fluctuations in upstream raw material prices, with a recovery expected starting from Q4 2024 [2] Group 3 - The company is set to become the largest mobile ODM manufacturer globally by 2024, with a significant recovery in gross margins expected [3] - The company has established a strong position in the AI glasses market, with over 2 million units shipped to major clients by 2024 [3] - The company is expanding its presence in the automotive electronics sector, producing smart control screens and wireless charging products for both domestic and international clients [3]