Group 1 - Guanglian Da has been awarded the title of "Best Managed Company" in China for three consecutive years, recognizing its continuous innovation and excellence in digital construction [1][4] - The BMC project is one of the most influential corporate management evaluations globally, covering nearly 50 countries and regions, focusing on adaptability and sustainable growth in rapidly changing environments [3] - The evaluation process lasted six months and involved closed-door recommendations, entrepreneur interviews, and expert research, with assessments based on Deloitte's BMC excellence management standards across four dimensions: strategy, capability, commitment, and financial strength [3] Group 2 - Guanglian Da is a leader in the digital transformation of the construction industry, achieving significant breakthroughs in AI technology applications [4] - The company's self-developed "One Horizontal, One Vertical, One AI" technology system has become a core engine for promoting intelligent upgrades in the construction industry, enhancing project efficiency and management precision [4] - Guanglian Da has established a comprehensive software product system covering the entire lifecycle of construction projects, achieving a transition from "construction" to "intelligent manufacturing" [4] Group 3 - The recognition of Guanglian Da in the BMC awards highlights the company's technological innovation, management capabilities, and global layout, showcasing the rising strength of Chinese construction enterprises in the global supply chain [4] - The company plans to continue leveraging AI as a core driving force, collaborating with industry partners to create a new ecosystem for an intelligent, efficient, and sustainable construction industry [4]

证券代码：002410 证券简称：广联达 广联达科技股份有限公司投资者关系活动记录表 编号：2025-005 投资者关系活动 类别 √特定对象调研 □分析师会议 □媒体采访 □业绩说明会 □新闻发布会 □路演活动 □现场参观 □其他 （请文字说明其他活动内容） 活动参与人员 嘉实基金、泰康资产、天弘基金、中信资管、华商基金、高信百 诺、华夏久盈、博时基金、华安基金、财通资管、万家基金、中 信证券 时间 2025 年 6 月 19 日/6 月 20 日 地点 广联达信息大厦/广联达上海大厦 形式 现场 上市公司接待人 员姓名 董事会秘书冯健雄 行业 AI 部总经理李 江 交流内容及具体 问答记录 一、AI 情况介绍 由公司行业 AI 部总经理李江对广联达 AI 战略及场景落地做 综合介绍 二、互动问答 Q1：公司今年提出产业 AI，那做好产业 AI 需要具备哪些要 素以及公司具备的优势 答：从产业 AI 的定义来看，是指将人工智能技术与特定产业 的领域知识、业务流程、数据特性深度融合，以解决产业实际问 题、提升生产效率、优化资源配置、创造新价值的技术体系和应 用范式。做好产业 AI 有三个成功关键要素，一是高质 ...

Core Viewpoint - The report highlights that Guanglian Da (002410) is experiencing a turnaround, with significant improvements expected in 2024, driven by stable core business development and AI integration [1][2][4]. Group 1: Business Performance - The core business is steadily developing, with digital cost management evolving from single-position tools to comprehensive application scenarios, maintaining stable renewal and application rates for traditional cost estimation tools [2]. - The company’s gross profit margin is increasing, and ongoing cost optimization is expected to lead to a rapid recovery in net profit, projected at 250 million yuan in 2024, a year-on-year increase of 116.19% [2]. - The number of application projects in the digital design business has grown to 1,440 by 2024, showcasing the company's expanding market presence [2]. Group 2: Policy and Market Environment - Supportive policies from the Chinese government are anticipated to boost the real estate market, which is crucial for the company’s downstream sectors, including real estate and infrastructure [3]. - The SaaS business model is proving valuable, with stable gross margins above 90% for digital cost and design services, and an improvement in construction business margins expected in 2024 [3]. Group 3: AI Integration - The company has launched AI models tailored for the construction industry, including AecGPT, addressing specific business scenarios across seven domains [3]. - AI functionalities in cost estimation have improved accuracy to approximately 70%, and efficiency in design processes has increased by 50% due to AI applications [3]. - The use of AI in project quantity surveying can significantly reduce the time required for centralized quantity verification from three months to two weeks for large-scale projects [3]. Group 4: Investment Outlook - The company is positioned as a leading digital construction platform service provider, with a promising outlook for rapid profit recovery and long-term growth potential through AI integration [4]. - Forecasted net profits for 2025-2027 are 450 million, 663 million, and 835 million yuan, respectively, with corresponding price-to-earnings ratios of 50X, 34X, and 27X [4].

广联达（002410.SZ）公司动态报告 触底反转，向 AI 而生 2025 年 06 月 03 日 ➢ 核心业务稳步发展，2024 年业绩大幅改善。1）核心业务稳步发展：数字成 本业务持续从单岗位工具向成本全过程应用场景升级，传统造价工具续费率、应 用率保持稳定，成本测算产品深耕大客户、应用率不断提升；数维设计业务方面， 数维房建完成多个价值标杆打造，数维道路设计方案能力全面覆盖路桥隧专业， 截至 2024 年应用项目数量增长至 1440 家。数字施工业务主动调整经营思路， 从追求经营规模转向对利润和现金流的管理。2）毛利率上升、费用端持续优化， 推动 2024 年净利润快速回暖：2024 年公司归母净利润 2.5 亿元，同比增长 116.19%。实现扣非归母净利润 1.74 亿元，同比增长 219.92%。 ➢ 政策有望推动下游景气度回暖，SaaS 龙头有望开启发展新征程。1）政策推 动下游回暖：2024 年 9 月，中国央行会同国家金融监督管理总局出台四项金融 支持房地产政策；《2025 年国务院政府工作报告》提出，持续用力推动房地产市 场止跌回稳，有序搭建相关基础性制度，加快构建房地产发展新模式。公司 ...