According to a report published by CICC, China Soft International won the bid for the 245 million yuan Xi'an Smart Transportation Benchmark Project, covering AI collaborative scheduling, global intelligent sensing, and open source Hongmeng equipment deployment, reflecting the company's end-to-end delivery capabilities from sensing terminals to intelligent decision-making, and is expected to form a benchmark solution that can be replicated in other cities. Considering that the AI business is growing faster than expected, CICC raised China Soft International's 2026/2027 revenue forecast by 7.8%/7.9% to 18.73 billion/19.9 billion yuan; considering potential fluctuations in investment and other earnings, keep net profit to mother unchanged in 2026, and raised the 2027 net profit forecast by 18.5% to 574 million yuan. The bank maintained its “neutral” rating and raised the target price by 19% to HK$4.3, considering the recovery of business growth driven by AI.

Zhitongcaijing · 2d ago
According to a report published by CICC, China Soft International won the bid for the 245 million yuan Xi'an Smart Transportation Benchmark Project, covering AI collaborative scheduling, global intelligent sensing, and open source Hongmeng equipment deployment, reflecting the company's end-to-end delivery capabilities from sensing terminals to intelligent decision-making, and is expected to form a benchmark solution that can be replicated in other cities. Considering that the AI business is growing faster than expected, CICC raised China Soft International's 2026/2027 revenue forecast by 7.8%/7.9% to 18.73 billion/19.9 billion yuan; considering potential fluctuations in investment and other earnings, keep net profit to mother unchanged in 2026, and raised the 2027 net profit forecast by 18.5% to 574 million yuan. The bank maintained its “neutral” rating and raised the target price by 19% to HK$4.3, considering the recovery of business growth driven by AI.