捷安高科(300845) - 捷安高科投资者关系管理信息20251226

Group 1: Company Overview - The company primarily provides virtual simulation training solutions, focusing on rail transportation training and emergency safety, with additional involvement in aviation, maritime, and integrated circuit fields. In 2024, rail transportation revenue accounted for 79% of total revenue, while the remaining 21% came from other sectors [2] - In the first three quarters of 2025, the company's revenue grew by 1.97%, and efforts are being made to achieve annual targets [2][3] Group 2: Financial Performance - Despite a relatively high gross margin, net profit has declined due to intensified industry competition affecting product pricing, alongside increased fixed asset depreciation and stock incentive costs [4] - The company is experiencing a decline in the educational market while seeing growth in the railway bureau sector, indicating a shift in order and delivery structure [5] Group 3: Competitive Advantage - The company maintains a competitive edge through its comprehensive R&D capabilities, industry knowledge, and avoidance of price competition, allowing for future profit margins [6] - The rail transportation product solutions cover nine major specialties, supporting multi-role collaborative training, making it the most comprehensive in the industry [6] Group 4: Business Model and Future Directions - The company primarily targets B-end clients, providing tailored solutions and services [7] - Current business ventures in aircraft maintenance training platforms and integrated circuit manufacturing processes are in the early stages, representing future growth opportunities [9] - Plans for international expansion involve following the export of domestic rail transportation standards and providing specialized services to overseas enterprises and educational institutions [9] Group 5: Technological Development - The company is developing a vocational education-focused large model, aiming to integrate artificial intelligence with education, enhancing the training of high-skilled personnel and driving industry safety and efficiency [9]