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% [2] - In Q1 2025, the company reported a revenue of CNY 348 million, a 40.28% increase year-on-year, and a net profit of CNY 40 million, up 14.42% [2] Group 2: Core Competencies - The company leverages its core technologies of "communication + positioning + AI" and a "module + terminal" business model to provide stable and intelligent IoT products and services [2][3] - The company has expanded its application scenarios from commercial vehicle monitoring to various fields such as smart transportation, smart travel, and mobile payment [2] - The company has developed a modular and standardized cloud management platform to meet diverse industry needs, enhancing product performance and reducing production costs [3] Group 3: Product Development and Innovation - The company maintains a clear R&D focus, continuously launching new products based on its core technologies, which allows for the extension and expansion into different IoT application scenarios [3] - The production process is divided into two stages: the self-research and production of wireless communication modules, and the manufacturing of terminal products, allowing for capacity sharing across product lines [4] - The company’s product innovation is driven by the core logic of "technology transferability + rapid scene adaptation," enabling a shift from single to diversified layouts [4] Group 4: Market Position and Future Outlook - The company aims to enhance its industry influence in the IoT intelligent field through continuous technological and product innovation [4] - The company’s intelligent sleep terminal has a lower gross margin compared to its intelligent vehicle terminal due to the inclusion of externally sourced components affecting overall profitability [4] - The company also offers various smart hardware products, including electronic student ID cards and smart wearable devices, although these contribute a smaller portion to overall revenue [4]
博实结(301608) - 301608投资者关系活动记录表2025年6月18日