Iflytek Co.,Ltd. (002230) Wins Procurement Project from CATIC International Economic & Trading Development Co., Ltd. with Bid Amount of 2.9 Million Yuan

Deep News10-28

According to data from Qichacha, Iflytek Co.,Ltd. (002230.SZ) announced on October 28, 2025, that it has won the procurement project for the AI Intelligent Auxiliary Bidding and Procurement System (re-tender) of CATIC International Economic & Trading Development Co., Ltd., with a bid amount of 2.9 million yuan.

Key financial highlights of Iflytek Co.,Ltd. (002230.SZ): - In 2024, the company reported revenue of 23.343 billion yuan, representing a growth rate of 18.79%. Net profit attributable to the parent company was 560 million yuan, though it declined by 14.78% year-on-year. The return on equity (ROE) stood at 3.21%. - For the first half of 2025, revenue reached 10.911 billion yuan, growing by 17.01% year-on-year. However, the net profit attributable to the parent company recorded a loss of 239 million yuan, with a growth rate of 40.37%.

The company operates in the information technology sector, with its main business segments including internet services, education and training services, and other consumer electronics. The 2024 revenue breakdown is as follows: - Education products and services: 30.97% - Open platform: 22.16% - Smart hardware products: 8.67% - Operator big data: 8.14% - Information engineering: 7.21% - Digital government applications: 5.12% - Smart automotive: 4.24% - Smart legal applications: 3.16% - Internet operation services: 2.96% - Smart healthcare: 2.96% - Smart financial products and solutions: 2.75% - Others: 1.38% - Other business: 0.28%.

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