Desay SV net profit in 2025 increases by 22.38% year-on-year, with intelligent driving business growth exceeding 30%

Shanghai Securities News China Securities Network (Chen Ming, Reporter Deng Zhen) — On the evening of March 5th, Desay SV announced its 2025 annual report. During the reporting period, the company achieved revenue of 32.557 billion yuan, a year-on-year increase of 17.88%; net profit attributable to shareholders of the listed company was 2.454 billion yuan, up 22.38%; and net profit attributable to shareholders excluding non-recurring gains and losses was 2.414 billion yuan, an increase of 24.05%.

According to the announcement, Desay SV focuses on three core main businesses: intelligent cockpits, intelligent driving, and connected services. During the reporting period, benefiting from increased penetration of automotive intelligent products and growth in the value of single-vehicle intelligence, the company’s core business segments saw significant growth.

Specifically, the intelligent cockpit business is Desay SV’s main revenue source, with revenue of 20.585 billion yuan in 2025, accounting for 63.23% of total revenue. New project orders have an annualized sales volume of over 20 billion yuan. During the reporting period, Desay SV’s fourth-generation intelligent cockpit platform successfully supported clients such as Li Auto, Xiaomi Auto, and Geely Auto, and secured new project orders from GAC Group, Geely Auto, and GAC Honda.

The intelligent driving business maintained strong growth, with revenue of 9.7 billion yuan in 2025, up 32.63% year-on-year, accounting for 29.79% of total revenue. New project orders have an annualized sales volume of over 13 billion yuan. Desay SV stated that with the rapid popularization of intelligent driving technology and the accelerated commercialization of advanced features like city NOA, the company’s intelligent driving business is expected to further expand.

According to the announcement, Desay SV’s connected services and other businesses generated revenue of 2.272 billion yuan in 2025, accounting for 6.98% of total revenue. During the reporting period, the company continued to deepen cooperation with companies such as Li Auto, Changan Automobile, and Xpeng Motors, covering products and services in the connected ecosystem, basic software platforms, and software services. Additionally, the company actively expanded into emerging fields such as driverless logistics vehicles and robotics, launching the “Chuanxing Zhiyuan” low-speed autonomous vehicle brand, and advancing in-depth cooperation and implementation with multiple intelligent robot companies. The company also received fixed orders for robot domain control projects, with related products scheduled for mass production and delivery in 2026.