超图软件20250724

Summary of SuperMap Software Conference Call Company Overview - Company: SuperMap Software - Date: July 24, 2025 Key Points Industry and Market Dynamics - The natural resources and surveying planning business lines have recovered from last year's transformation impact and achieved year-on-year growth, indicating a significant recovery in competitiveness for the company [2][3] - Investment in the water conservancy industry is expected to reach 1.35 trillion yuan in 2024, a 13% increase year-on-year, and is projected to reach 1.5 trillion yuan in 2025, with a growth rate exceeding 10% [2][6] - The proportion of investment in water conservancy information technology is expected to increase, presenting growth opportunities for SuperMap Software [2][6] Business Performance - In the first half of 2025, SuperMap Software achieved record-high performance, turning losses into profits with an expected profit between 8 million and 12 million yuan [3] - The second growth curve business, including water conservancy and military sectors, saw contract signing volumes continue to double in the first half of 2025, indicating accelerated development of emerging businesses [2][4] Technological Advancements - SuperMap Software has a leading advantage in digital twin technology within the water conservancy information sector, supported by its 3DGIS technology and capability to build digital basemaps [2][7] - The company has actively laid out AI technology, establishing the SuperMap AIF technology base and launching the AI.is Agent geospatial intelligent agent, with over a hundred functions developed in remote sensing image processing and other areas [2][12] Strategic Initiatives - The company has upgraded its overseas business strategy, shifting from platform software output to a comprehensive solution approach, with successful orders obtained in Malaysia [4][18] - The organization underwent a transformation that is nearing completion, enhancing efficiency and market competitiveness by integrating sales and R&D [19][20] Future Outlook - The digital twin technology is expected to play a crucial role in various water conservancy projects, with significant investment opportunities arising from national demands for smart management [8][9] - AI technology is anticipated to double in orders by 2025, with the company already achieving the total order volume of 2024 in the first half of 2025 [12][23] Financial Projections - The water conservancy industry orders saw a 100% increase in 2024, with expectations to maintain this growth trend into 2025, particularly in the second half of the year [16][17] - The company aims to maintain a workforce of 2,000 to 2,800 employees while focusing on AI technology development across all product lines [25] Additional Insights - The company has established a unique intelligent laboratory in collaboration with other tech firms to research AI standards and models for the water conservancy sector [10] - The low-altitude economy is identified as a key growth area, with several products already launched and multiple projects underway [21][22] This summary encapsulates the essential insights from the conference call, highlighting the company's strategic direction, market performance, and technological advancements.