Investment Rating - The investment rating for the company is "Accumulate" with a target price of 52.92 CNY [6][13]. Core Insights - The company has demonstrated steady revenue growth, effective cost control, and is advancing its AI sewing machine and robotics business, which opens a second growth curve through its intelligent transformation [2][13]. - The company reported a revenue of 4.967 billion CNY for the first three quarters of 2025, representing a year-on-year increase of 5.53%, and a net profit attributable to shareholders of 682 million CNY, up 10.06% year-on-year [13]. - The company is transitioning from a traditional sewing equipment manufacturer to an intelligent manufacturing solution provider driven by AI and robotics, with successful implementation of smart features in core products [13]. Financial Summary - Total revenue is projected to grow from 5.294 billion CNY in 2023 to 7.997 billion CNY in 2027, with a compound annual growth rate (CAGR) of approximately 10% [4][14]. - Net profit attributable to shareholders is expected to increase from 538 million CNY in 2023 to 1.240 billion CNY in 2027, reflecting a CAGR of around 16.4% [4][14]. - The earnings per share (EPS) is forecasted to rise from 1.13 CNY in 2023 to 2.60 CNY in 2027 [4][14]. - The return on equity (ROE) is anticipated to improve from 12.4% in 2023 to 19.7% in 2027 [4][14]. Strategic Developments - The company has launched its high-end smart brand "Aitu" with its first product Ai10 targeting the global high-end market, marking the commercialization of its AI product system [13]. - The intelligent transformation strategy is expected to gradually reveal growth potential as AI and robotics products are progressively implemented [13].

杰克科技在互动平台表示，公司计划于2026年下半年推出面向服装智造场景的人形机器人，通过与智能 模板机、自动机等品类的有效结合，破解"招工难、效率提升与柔性生产"等服装行业痛点，推动服装产 业智能化升级。 ...