Investment Rating - The report maintains a "Buy" rating for the company, indicating an expected stock price increase of over 15% compared to the benchmark index [6][10]. Core Insights - The company is expected to achieve a net profit attributable to shareholders of between 900 million to 930 million yuan for the year 2025, representing a year-on-year increase of 25.9 million to 28.9 million yuan, or a growth of 40.42% to 45.10% [1]. - The company is fully embracing AI, with significant advancements in its AI-driven products, leading to rapid revenue growth. The AI applications in vehicle diagnostics and smart energy management have been particularly successful [2]. - The company has submitted an application for listing H shares on the Hong Kong Stock Exchange, further strengthening its global presence and expanding its North American market [3]. Financial Forecast and Investment Recommendations - The company focuses on automotive digital maintenance and smart charging solutions, with projected revenues of 4.918 billion, 6.050 billion, and 7.255 billion yuan for 2025, 2026, and 2027 respectively. The net profit attributable to shareholders is forecasted to be 913.62 million, 1.1649 billion, and 1.42066 billion yuan for the same years [4][7]. - The earnings per share (EPS) is expected to be 1.36, 1.74, and 2.12 yuan for 2025, 2026, and 2027, with corresponding price-to-earnings (P/E) ratios of 28.27, 22.17, and 18.18 [4][7].

Investment Rating - The report maintains a "Buy" rating for the company, indicating an expected stock price increase of over 15% compared to the benchmark index [6][10]. Core Insights - The company is expected to achieve a net profit attributable to shareholders of between 900 million to 930 million yuan for the year 2025, representing a year-on-year increase of 25.9 million to 28.9 million yuan, or a growth of 40.42% to 45.10% [1]. - The company is fully embracing AI, leading to significant growth in its performance, particularly in the fields of intelligent vehicle diagnostics and smart energy management [2]. - The company has submitted an application for listing H shares on the Hong Kong Stock Exchange, further strengthening its global presence [3]. - The company focuses on automotive digital maintenance and intelligent charging solutions, with a broad growth potential in the future [4]. Financial Projections - The revenue forecast for 2025 is adjusted to 4.918 billion yuan, with net profit projections of 913.62 million yuan, and an EPS of 1.36 yuan per share [4][7]. - The company anticipates a revenue growth rate of 25.06% for 2025, with a net profit growth rate of 42.55% [7][9]. - The projected P/E ratios for 2025, 2026, and 2027 are 28.27, 22.17, and 18.18 respectively, indicating a favorable valuation trend [4][7].