Core Viewpoint - The company anticipates significant growth in net profit for the year 2025, driven by advancements in AI technology and its applications in various sectors [1][5]. Group 1: Performance Forecast - The company expects a net profit attributable to shareholders of 900 million to 930 million yuan for 2025, representing an increase of 259 million to 289 million yuan compared to the previous year, with a year-on-year growth of 40.42% to 45.10% [1][3]. - The projected net profit, excluding non-recurring gains and losses, is estimated to be between 870 million and 900 million yuan, reflecting an increase of 329 million to 359 million yuan from the previous year, with a growth rate of 60.88% to 66.43% [1][4]. Group 2: Previous Year Performance - In the previous year, the net profit attributable to shareholders was 640.93 million yuan [3]. - The net profit, excluding non-recurring gains and losses, was 540.77 million yuan [4]. Group 3: Reasons for Performance Change - The company has embraced AI comprehensively, utilizing smart vehicle diagnostic terminals and intelligent energy hubs to provide services globally, which has driven rapid growth in performance [5]. - In the AI + diagnostic field, the company has deepened its application of AI multimodal voice models and AI agents, leading to high customer recognition and rapid growth, particularly in TPMS products [5]. - In the AI + charging sector, the company has enhanced its end-to-end system capabilities, solidifying its "smart energy charging model" and delivering projects to top global clients across various industries [5][6].

本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容 的真实性、准确性和完整性依法承担法律责任。 一、本期业绩预告情况 三、本期业绩变化的主要原因 1、报告期内，公司全面拥抱AI，以数智车辆诊断终端、智慧能源中枢为业务入口，持续为全球客户提 供智能化服务，驱动了业绩的快速增长，并积极探索在具身智能集群领域行业大模型的商业化应用。 （一）业绩预告期间 2025年1月1日至2025年12月31日。 （二）业绩预告情况 1、预计2025年年度实现归属于母公司所有者的净利润为90,000万元至93,000万元，与上年同期相比，将 增加25,907万元至28,907万元，同比增长40.42%至45.10%。 2、预计2025年年度实现归属于母公司所有者的扣除非经常性损益的净利润为87,000万元至90,000万元， 与上年同期相比，将增加32,923万元至35,923万元，同比增长60.88%至66.43%。 （三）本次业绩预告未经注册会计师审计。 二、上年同期业绩情况和财务状况 上年同期归属于母公司所有者的净利润：64,092.52万元。 上年同期归属于母公司所有者的扣除非经常性 ...

Core Viewpoint - The company, Daotong Technology, anticipates a significant increase in net profit for the year 2025, driven by its strategic embrace of AI technologies and innovative product offerings [3][4]. Financial Performance - The company expects a net profit attributable to shareholders of 900 million to 930 million yuan for 2025, representing an increase of 259 million to 289 million yuan compared to the previous year's profit of 640.93 million yuan, which translates to a year-on-year growth of 40.42% to 45.10% [3]. - After excluding non-recurring gains and losses, the projected net profit is expected to be between 870 million and 900 million yuan, an increase of 329 million to 359 million yuan from the previous year's 540.77 million yuan, indicating a year-on-year growth rate of 60.88% to 66.43% [3]. Business Strategy and Growth Drivers - The growth in performance is primarily attributed to the company's comprehensive adoption of AI strategies, focusing on smart vehicle diagnostic terminals and intelligent energy hubs to provide intelligent services to global customers [4]. - In the AI + diagnostics sector, the company is deepening its application of AI multimodal voice models and AI agents, with new products featuring AI characteristics receiving high recognition from customers. The TPMS product line continues to experience rapid growth, significantly contributing to the performance increase [4]. - In the AI + charging sector, the company is enhancing its end-to-end system capabilities, covering power modules, liquid-cooled ultra-fast charging equipment, and intelligent operation and AI inspection, solidifying its "smart energy charging model" and related applications. Successful project deliveries have been made to top global clients across various industries, including energy, transportation, parking, and hospitality, leading to an increase in business scale and market share [4]. - The company is also promoting AI-driven digital transformation and organizational capability building, which has continuously optimized operational efficiency and provided a solid foundation for performance growth [4].

（原标题：道通科技预计2025年扣非净利润8.7亿元至9亿元? 同比增长60.88%至66.43%） 1月9日晚间，道通科技(688208)发布2025年度业绩预告，公司预计2025年年度实现归属于母公司所有者的净利润为9亿元至9.3亿元，与上年同期相 比，将增加2.59亿元至2.89亿元，同比增长40.42%至45.10%；预计2025年年度实现归属于母公司所有者的扣除非经常性损益的净利润为8.7亿元至9 亿元，与上年同期相比，将增加3.29亿元至3.59亿元，同比增长60.88%至66.43%。 道通科技表示，公司业绩增长主要包括两方面的原因。一方面，公司全面拥抱AI，以数智车辆诊断终端、智慧能源中枢为业务入口，持续为全球 客户提供智能化服务，驱动了业绩的快速增长，并积极探索在具身智能集群领域行业大模型的商业化应用。 具体来看，在AI+诊断领域，道通科技持续深化AI多模态语音大模型和AI Agents应用，具备AI特性的新品获得客户高度认可，实现了业绩的快速 增长，其中TPMS产品持续保持高速增长。在AI+充电领域，道通科技持续深化从功率模块、液冷超充设备到智能运维及AI巡检的端到端系统能 力，夯实"数智 ...

21智讯1月9日电，道通科技发布年度业绩预告，预计2025年全年归属于上市公司股东的净利润为90000 万元至93000万元，同比预增40.42%—45.10%；预计2025年全年归属于上市公司股东的扣除非经常性损 益的净利润为87000万元至90000万元，同比预增60.88%—66.43%，归属于上市公司股东的净利润变动 原因如下：报告期内，公司全面拥抱AI，以数智车辆诊断终端、智慧能源中枢为业务入口，持续为全 球客户提供智能化服务，驱动了业绩的快速增长，并积极探索在具身智能集群领域行业大模型的商业化 应用。（1）在AI+诊断领域，公司持续深化AI多模态语音大模型和AIAgents应用，具备AI特性的新品 获得客户高度认可，实现了业绩的快速增长，其中TPMS产品持续保持高速增长。（2）在AI+充电领 域，公司持续深化从功率模块、液冷超充设备到智能运维及AI巡检的端到端系统能力，夯实"数智能源 充电大模型"以及系列Agents应用，推进能源、交通、停车场运营、酒店公寓等多个全球行业顶级客户 的项目交付。公司持续推动AI驱动的数智化变革和组织能力建设，运营效率持续优化提升。 ...

人民财讯1月9日电，道通科技(688208)1月9日公告，预计2025年年度实现归属于母公司所有者的净利润 为9亿元至9.3亿元，与上年同期相比，同比增长40.42%至45.1%。报告期内，公司全面拥抱AI，以数智 车辆诊断终端、智慧能源中枢为业务入口，持续为全球客户提供智能化服务，驱动了业绩的快速增长， 并积极探索在具身智能集群领域行业大模型的商业化应用。在AI+诊断领域，公司持续深化AI多模态语 音大模型和AI Agents应用，具备AI特性的新品获得客户高度认可，实现了业绩的快速增长，其中TPMS 产品持续保持高速增长。 ...

Core Viewpoint - Daotong Technology experienced a 5.06% increase in stock price, reaching 34.25 CNY per share, with a trading volume of 1.51 billion CNY and a market capitalization of 22.954 billion CNY [1] Company Overview - Daotong Technology, established on September 28, 2004, and listed on February 13, 2020, is located in Shenzhen, Guangdong Province. The company specializes in the research, development, production, sales, and service of automotive intelligent diagnostic and detection analysis systems, as well as automotive electronic components [1] - The revenue composition of Daotong Technology includes: - Automotive diagnostic products: 29.61% - Intelligent charging network solutions: 22.34% - TPMS products: 21.98% - AI and software: 11.98% - ADAS products: 8.85% - Other products and services: 5.24% [1] Fund Holdings - According to data, one fund under CICC holds a significant position in Daotong Technology. The CICC CSI 1000 Index Enhanced Fund A (017733) held 13,000 shares in the third quarter, accounting for 0.54% of the fund's net value, ranking as the ninth largest holding. The estimated floating profit for today is approximately 21,500 CNY [2] - The CICC CSI 1000 Index Enhanced Fund A was established on March 14, 2023, with a latest scale of 53.541 million CNY. Year-to-date returns are 26.76%, ranking 1446 out of 4206 in its category; one-year returns are 30.28%, ranking 1172 out of 3983; and since inception returns are 22.53% [2] - The fund managers, Geng Shuaijun and Wang Yangfeng, have tenures of 5 years and 3 years respectively, with total fund assets of 4.295 billion CNY and 1.306 billion CNY [2]

Core Viewpoint - Daotong Technology's stock has experienced fluctuations, with a year-to-date increase of 40.58% but a recent decline in the last five and twenty trading days [1][2]. Company Overview - Daotong Technology, established on September 28, 2004, and listed on February 13, 2020, is based in Shenzhen, Guangdong Province. The company specializes in the research, development, production, sales, and service of automotive intelligent diagnostic and detection analysis systems, as well as automotive electronic components [1][2]. - The company's revenue composition includes: automotive diagnostic products (29.61%), intelligent charging network solutions (22.34%), TPMS products (21.98%), AI and software (11.98%), ADAS products (8.85%), and other products and services (5.24%) [1]. Financial Performance - For the period from January to September 2025, Daotong Technology achieved a revenue of 3.496 billion yuan, representing a year-on-year growth of 24.69%. The net profit attributable to the parent company was 733 million yuan, with a year-on-year increase of 35.49% [2]. - Since its A-share listing, Daotong Technology has distributed a total of 1.408 billion yuan in dividends, with 958 million yuan distributed over the past three years [3]. Shareholder Information - As of September 30, 2025, Daotong Technology had 22,900 shareholders, an increase of 18.36% from the previous period. The average circulating shares per person decreased by 15.51% to 29,201 shares [2]. - The top ten circulating shareholders include Hong Kong Central Clearing Limited as the second-largest shareholder with 40.788 million shares, a decrease of 2.4838 million shares from the previous period. The eighth-largest shareholder is Bosera CSI Star Market Artificial Intelligence ETF with 5.4713 million shares, an increase of 791,200 shares [3].

Core Viewpoint - Daotong Technology's stock price has experienced fluctuations, with a year-to-date increase of 41.40% but a recent decline of 6.92% over the past five trading days [1] Company Overview - Daotong Technology, established on September 28, 2004, and listed on February 13, 2020, is located in Shenzhen, Guangdong Province. The company specializes in the research, production, sales, and service of automotive intelligent diagnostic and detection systems, as well as automotive electronic components [1] - The company's revenue composition includes: automotive diagnostic products (29.61%), intelligent charging network solutions (22.34%), TPMS products (21.98%), AI and software (11.98%), ADAS products (8.85%), and other products and services (5.24%) [1] Financial Performance - For the period from January to September 2025, Daotong Technology achieved a revenue of 3.496 billion yuan, representing a year-on-year growth of 24.69%. The net profit attributable to the parent company was 733 million yuan, with a year-on-year increase of 35.49% [2] - Since its A-share listing, Daotong Technology has distributed a total of 1.408 billion yuan in dividends, with 958 million yuan distributed over the past three years [3] Shareholder Information - As of September 30, 2025, Daotong Technology had 22,900 shareholders, an increase of 18.36% compared to the previous period. The average circulating shares per person decreased by 15.51% to 29,201 shares [2] - The second-largest circulating shareholder is Hong Kong Central Clearing Limited, holding 40.788 million shares, a decrease of 2.4838 million shares from the previous period. The eighth-largest shareholder is Bosera CSI Star Market Artificial Intelligence ETF, which increased its holdings by 790,000 shares to 5.4713 million shares [3]

Core Insights - The report emphasizes the importance of high-quality development and technological self-reliance as key goals for the upcoming "15th Five-Year Plan" period, projecting a market space increase of approximately 10 trillion yuan over the next five years [6][7][8] - The retail banking sector is experiencing a manageable level of risk despite rising non-performing loan rates, with a focus on credit de-collateralization strategies [17][19][20][22] - The food and beverage industry shows mixed performance, with companies like Fuling Zhacai maintaining steady growth while others like Qiaqia Foods face short-term operational pressures [35][41] Macro Economic Overview - The "15th Five-Year Plan" aims for significant advancements in high-quality development, technological independence, and comprehensive reforms, with a focus on enhancing the quality of key industries [6][7] - Recent monetary policy discussions highlight the need for a stable and effective monetary policy framework to support financial market stability [7][8] Retail Banking Sector - Retail non-performing loan rates are high, but risks are considered manageable due to supportive policies and the nature of retail loans [19][20] - The transition period for new risk regulations is approaching its end, which may lead to an increase in reported non-performing loans for some banks [20][22] - The trend of de-collateralization in retail banking is evident, with banks shifting towards non-collateralized loans to mitigate risks [21][22] Food and Beverage Industry - Fuling Zhacai reported a steady revenue growth of 1.8% year-on-year for the first three quarters of 2025, with a focus on expanding product lines and market channels [35][36][38] - Qiaqia Foods experienced a significant decline in revenue and profit, with a 5.9% drop in Q3 revenue and a 72.6% decrease in net profit, attributed to increased competition and rising costs [41][43] - The overall food and beverage sector is adapting to market pressures by exploring new channels and product innovations to sustain growth [41][44] Agricultural Sector - Juxing Agriculture reported a steady increase in pig production, with a revenue growth of 42.57% year-on-year for the first three quarters of 2025, despite facing challenges from declining pork prices [56][57]