Desay SV(SZ:002920)2026-03-10 10:44Financial Performance - In 2025, the company achieved an operating revenue of CNY 32.557 billion, representing a year-on-year growth of 17.88% [4] - The net profit attributable to shareholders increased by 22.38% [4] - New project orders generated an annualized sales amount exceeding CNY 35 billion [4] Business Segments Intelligent Cockpit - The intelligent cockpit business generated an annual revenue of CNY 20.585 billion, with new project orders exceeding CNY 20 billion [5] - Key clients include Chery, Geely, GAC Toyota, Li Auto, Great Wall, Xiaomi, Xpeng, Changan, Volkswagen, and Mercedes-Benz [5] Intelligent Driving - The intelligent driving segment reported an annual revenue of CNY 9.7 billion, with a year-on-year growth of 32.63% [6] - New project orders in this segment exceeded CNY 13 billion [6] - The company has achieved large-scale production of various intelligent driving platforms and solutions [6] International Expansion - The company has established 16 overseas branches in countries such as Germany, France, Spain, Japan, and Singapore [7] - New project orders from international brands include Volkswagen, Mazda, Skoda, Lexus, Renault, Suzuki, Proton, BMW, and Mercedes-Benz [7] - The completion of the Spanish smart factory is expected to enhance supply and service capabilities in the European market [7] Technological Innovation - The company focuses on creating competitive product technology solutions in collaboration with partners [8] - It has received multiple industry awards, including the "China Regional Contribution Award" from Volkswagen and the "Sustainable Long-term Partner Award" from Volvo [8] New Business Ventures Robotics and Autonomous Vehicles - The company has launched the AI Cube for robotics, providing high-performance AI computing capabilities [9] - It is set to deliver products in the robotics domain by 2026 [9] - The "Chuanxing Zhiyuan" brand for low-speed autonomous vehicles has been introduced, targeting various logistics scenarios [11]