Group 1: Company Overview - The company specializes in the research, production, and sales of IoT intelligent products, focusing on communication, positioning, and AI technologies [1] - In 2024, the company achieved a revenue of CNY 1.402 billion, a year-on-year increase of 24.85%, and a net profit of CNY 176 million, an increase of 0.81% [1] - In Q1 2025, the company reported a revenue of CNY 348 million, a year-on-year increase of 40.28%, and a net profit of CNY 40 million, an increase of 14.42% [2] Group 2: AI Technology Applications - AI algorithms are primarily applied in commercial vehicle monitoring terminals and cloud management platforms [2] - The company has localized the deployment of the Deepseek large language model and the Tongyi Qianwen video analysis model to enhance core advantages [3] - The cloud management platform integrates large models for intelligent customer service, knowledge base queries, and customized reporting, improving user experience and customer retention [3] Group 3: Market and Policy Insights - The national standard for automotive driving recorders was released in 2021, enhancing data content and adding audio-visual recording functions [4] - Regions like Guangdong and Henan have efficiently advanced the installation of intelligent video monitoring devices, with policies emerging in Hunan and Chongqing to replace non-video monitoring devices [4] - The company's intelligent vehicle terminal products primarily target the automotive aftermarket, characterized by diverse regional distribution and varying regulatory policies [5] Group 4: Management and Cost Control - The company adopts a divisional management structure for product development to address the fragmented nature of the IoT industry [5] - Each division's R&D center collaborates with software development teams to reduce communication costs and shorten development cycles [5] - Divisions are independently accountable for their financial performance, emphasizing profit awareness and aligning with the company's overall strategic goals [5] Group 5: Risk Warning - The content does not constitute a commitment or guarantee from the company or its management regarding industry predictions or development strategies, urging investors to make rational decisions and be aware of investment risks [6]
博实结(301608) - 301608投资者关系活动记录表2025年6月11日