Zhejiang Dahua Technology's H1 net profit declined, with overseas revenue exceeding domestic revenue for the first time | Interpretations
①Zhejiang Dahua Technology achieved a net income of 1.81 billion yuan in the first half of the year, a year-on-year decrease of 8.42%; ②Overseas income increased by 9.08% year-on-year, accounting for 50.35% of revenue; ③The gross margin of smart IoT products and solutions, as well as innovative business, all decreased compared to the same period last year.
The Low-Altitude Economy Expo is coming, and the industry is entering a golden development period.
① The first 2025 Low Altitude Economy Expo (Shanghai) will be held at the National Convention and Exhibition Center (Shanghai) from July 23 to 26, 2025. With the theme of “Launching the Low-altitude Economy and Empowering Thousands of Industries”, the expo is planned to have an overall scale of 0.1 million square meters. ② Guojin Securities believes that next-generation communication/navigation/surveillance peripherals and information processing systems are core components of air traffic control systems and are expected to benefit significantly.
Business expansion is affected, with Beijing Supermap Software's net profit falling by over 30% in the first half of the year. The company is "very optimistic" about the low-altitude market. | Interpretations
①In the first half of this year, Beijing Supermap Software achieved revenue of 0.637 billion yuan, a decrease of 7.76% year-on-year, and net income attributable to shareholders of 0.034 billion yuan, a decrease of 35.99%; ②The company attributes the decline in performance to the macro environment and the progress of business expansion, and the proportion of the second half of the year's revenue is higher than that of the whole year; ③The company previously announced that it is cooperating with Sichuan Jiuzhou Electric Investment Holding Group Co., Ltd., and is optimistic about the market for low-altitude flying.
Geling Shentong: Large models are the core technology development direction. When will the turnaround become a topic of concern for investors? | Direct hit shareholders meeting
Zhao Yong said that the large model technology is the foundation for the company's survival and development, and will also be the core technology development direction for the company in the next few years, in response to the importance of "multi-modal large model". Large models have been applied in finance, industry, commerce and other fields, but these models are auxiliary roles and have not reached the level of replacing people.
The curtain opens for the large-scale construction of integrated vehicle-road cloud with a series of approved demonstration projects.
In the past few months, many local governments have launched "vehicle-road-cloud integration" projects one after another. The first batch of pilot cities, including Beijing, Wuhan, Changchun, Fuzhou, and Inner Mongolia Erdos Resources, have successively approved demonstration projects. Huaxin Securities pointed out that the prelude to the large-scale construction of vehicle-road-cloud integration has been opened, and the industry is about to usher in a period of rapid development.
Vanjee Technology struggles with the 'profit problem' as the trend of Vehicle-Road Cloud rises. The company recorded a loss of 0.15 billion in the first half of the year. | Interpretations
In the first half of the year, Vanjee Technology achieved revenue of 0.378 billion yuan, a year-on-year increase of 17.28%; the net loss attributable to the parent was 0.15 billion yuan, and the year-on-year loss increased by 17.33%. In addition, both the intelligent connected vehicle and lidar business of the company saw a decline in revenue, and gross margin also decreased year-on-year.