DAS(SZ:002421)2025-09-15 09:48Group 1: Company Overview and Strategy - The company has clarified its strategic goal of "AI + IoT," focusing on an AIoT platform and modular application solutions for smart spaces [1] - The AIoT intelligent management platform V7 has been launched, optimizing various AI applications such as cold load forecasting and energy consumption anomaly detection [1] - The company has established an "AI + IoT" open laboratory, collaborating with 9 universities and various startups to co-create AI applications [1] Group 2: Financial Performance - In the first half of 2025, the company achieved a revenue of CNY 990 million, with a net loss of CNY 88.76 million due to fluctuations in downstream demand and project delays [1] - Operating cash flow has improved compared to the previous period, with a 3.2% decrease in sales, management, and financial expenses year-on-year [1] - The contract amount for AIoT platform products increased from CNY 7.97 million to CNY 25.04 million, a year-on-year growth of 214.35% [1] - Revenue from AIoT platform products rose from CNY 10.87 million to CNY 13.56 million, reflecting a year-on-year increase of 24.77% [1] Group 3: Market Presence and Client Base - By the end of 2024, the company has served 57 out of 93 large manufacturing listed companies in Shenzhen, achieving a coverage rate of 61.3% [2] - The company has also served 153 out of the top 500 listed companies in terms of market value nationwide, with a coverage rate of 56.9% [2] Group 4: Product and Service Offerings - Core intelligent terminal products include a space scene control system, access controllers, and facial recognition terminals, designed for easy installation and maintenance [2] - The company provides efficient IoT products and solutions to over a thousand educational institutions, including notable campuses in Shenzhen [2] Group 5: International Expansion - The company has begun to expand its overseas business, with revenue surpassing CNY 1 million in the first half of 2025, primarily in Southeast Asia and the Middle East [2] - International projects include partnerships with companies in Vietnam, Thailand, and Qatar, although overseas business currently has a minor impact on overall operations [2]