ALTER: 2024 ANNUAL REPORT
ALTER: 2024 ANNUAL REPORT SUMMARY
ALTE: First quarter report 2025
IAT Automobile Technology Co., Ltd.'s (SZSE:300825) Stock Retreats 27% But Revenues Haven't Escaped The Attention Of Investors
IAT Automobile Technology (300825.SZ): Delay in disclosing the 2024 annual report.
Gelonghui, April 14th丨IAT Automobile Technology (300825.SZ) announced that the company originally planned to disclose the "2024 Annual Report" on April 21, 2025. According to the current preparation status of the 2024 Annual Report, some work still needs further improvement, and the completion time for the related preparation work is expected to be later than the original planned disclosure date. In the spirit of prudence and a sense of responsibility towards investors, the company will postpone the disclosure time of the "2024 Annual Report" and the related announcements to April 25, 2025, to ensure the quality of periodic reports and the authenticity, accuracy, and completeness of information disclosure.
Musk's xAI joins Microsoft's Blackrock $30 billion AI Fund.
Microsoft and Blackrock announced on Wednesday that Elon Musk's xAI will join them in building a $30 billion Datacenter and other AI infrastructure plans. According to a statement, AI chipmaker NVIDIA has also officially joined the initiative, although the statement did not detail the members' commitments. NVIDIA had been appointed as the group's technology advisor when the initiative was announced last year. Microsoft is the largest supporter of Sam Altman's OpenAI, having invested around $13 billion into OpenAI, but increasingly acting outside of partnerships.
IAT Automobile Technology (300825.SZ): The company is currently involved in the research and development projects of multiple clients' L4 level autonomous driving vehicles.
On March 19, Glonghui reported that IAT Automobile Technology (300825.SZ) stated on the investor interaction platform that in the field of autonomous driving, the company aims to position itself as a system integration solution provider, collaborating with high-quality resources in the Industry Chain to create a cooperative ecosystem that can meet the different stages of product development needs for clients. It provides L2-L4 level intelligent driving complete vehicle solutions, covering full-stack services such as vehicle design, system and component development, parts supply, testing services, and scenario operations. Meanwhile, the company is proactively laying out several intelligent digital chassis platforms like RUBIK and ISDC, equipped with centralized electronic and electrical architecture and steer-by-wire.
IAT Automobile Technology (300825.SZ): The company has not yet provided design services to Siasun Robot&Automation.
On March 19, Gelonghui reported that an investor inquired, "It was learned from deepSeek that IAT Automobile Technology once provided design for the Xiaomi Robot Iron Egg and engineering support for its motion control. At the 2013 Shanghai exhibition, IAT Automobile Technology showcased a four-legged robotic dog. Is the above information true?" IAT Automobile Technology (300825.SZ) replied on the investor interaction platform: The company has not provided design services to the Xiaomi Robot, and the above information is not true.
IAT Automobile Technology (300825.SZ): Abandoning the preemptive subscription rights for the associate company, Gecko Autos.
Gelonghui reported on March 18 that IAT Automobile Technology (300825.SZ) announced that its affiliated company, Shenzhen Gecko New Energy Automobile Technology Co., Ltd. (referred to as "Gecko Autos"), is a technology company with the capability for complete vehicle production and advanced digital chassis as its core. Jinhu New Energy Automobile (Chengdu) Co., Ltd. (referred to as "Jinhu Autos") is a technology enterprise engaged in complete vehicle design and manufacturing, New Energy Fund technology, operation, and logistics. Gecko Autos holds 6.49% equity in Jinhu Autos. Based on the recognition of Gecko Autos' development prospects, the seven existing shareholders (hereinafter referred to as "this round of investors") of Jinhu Autos, Liu Xiao.
CoreWeave signed a contract worth $11.9 billion with OpenAI before the IPO.
CoreWeave, an AI startup supported by NVIDIA, announced that it has signed a five-year agreement worth $11.9 billion with OpenAI, just before its highly anticipated stock market debut. Under this agreement, CoreWeave will provide AI infrastructure to OpenAI. The agreement stipulates that OpenAI will receive equity in CoreWeave. CoreWeave will issue shares worth $0.35 billion to the ChatGPT developer through a private placement during its initial public offering. As one of the hottest AI startups in the USA,
IAT Automobile Technology Co., Ltd.'s (SZSE:300825) P/S Still Appears To Be Reasonable
OpenAI is launching the GPT 4.5 plan to a select group of paid users and will expand access next week.
Global AI giant OpenAI announced on Thursday that its latest developed GPT 4.5 model is now open for testing to professional users and developers worldwide, with plans to gradually expand its applicability over the coming weeks. This technological iteration marks another significant breakthrough in the field of generative AI. Microsoft’s Global Strategy investment in this leading AI company has revealed a phased deployment plan: ChatGPT Plus and team edition users will obtain priority access to updates starting next week, while enterprise and Education users will initiate system upgrades the following week. This step-by-step advancement strategy has sparked industry attention regarding the allocation of computing resources. OpenAI's CEO...
IAT Automobile Technology (300825.SZ): has participated in the research and development projects of multiple clients' Level 4 autonomous driving vehicles.
On February 18, Glorious Exchange reported that IAT Automobile Technology (300825.SZ) stated on the investor interaction platform that in the field of smart driving, the company is currently involved in multiple L4 level autonomous driving vehicle research and development projects for clients, and has provided platform-based ADAS design services to Japanese automotive companies; in the field of robotics, the company's related Business is currently in the early cultivation stage, and specific Operation status should be based on the company's subsequent disclosed announcements.
IAT Automobile Technology (300825.SZ): Buyback completed, with a total expenditure of 85.9856 million yuan for the repurchase of 7.6462 million shares.
On February 10, Gelonghui reported that IAT Automobile Technology (300825.SZ) announced that as of February 7, 2025, the company has cumulatively repurchased 7,646,232 shares through a dedicated securities account for share repurchase via centralized bidding, accounting for 1.54% of the company's total share capital. The highest Fill Price for the repurchase was 12.63 yuan/share, and the lowest Fill Price was 8.75 yuan/share, with a total amount spent of 85.9856 million yuan (excluding transaction fees). The repurchase plan has been completed.
OpenAI's IAT Automobile Technology evaluates DeepSeek: will adhere to the current research path, computing power remains crucial.
① The domestically developed open-source AI model DeepSeek-R1 has caused a huge wave in the USA technology stock market, with OpenAI CEO Sam Altman describing it as an "impressive" model; ② Altman stated that OpenAI will launch better models and emphasized that more computing power is crucial to fulfilling the mission.
IAT Automobile Technology (300825.SZ): can provide chassis technology support for L3 level and above autonomous driving solutions.
On January 24, Glonghui reported that IAT Automobile Technology (300825.SZ) stated on the investor interactive platform that in the field of autonomous driving, the company aims to position itself as a system integration solution provider, building a cooperative ecosystem with high-quality resources from the Industry Chain to meet the product development needs of customers at different stages, providing L2-L4 level intelligent vehicle solutions that encompass complete vehicle design, system and component development, spare parts supply, testing services, and scene operation among other comprehensive services. Meanwhile, the company is making forward-looking layouts for multiple intelligent digital chassis platforms such as RUBIK and ISDC, equipped with centralized electronic and electrical architecture and drive-by-wire control.
Alter: 2024 performance forecast
IAT Automobile Technology (300825.SZ) can provide clients with design and development services for Fuel Cell Energy Autos and has been applied to related projects.
On January 17, Gelonghui reported that IAT Automobile Technology (300825.SZ) stated on the investor interaction platform that in terms of Fuel Cell Energy technology, the company has mastered technologies such as Metal hydrogen storage, selection of key components, system matching, optimization of power dynamics and economy, and analysis of Thermal Management for systems and complete vehicles, enabling it to provide design and development services for Fuel Cell Energy Autos, which have already been applied to relevant projects.
IAT Automobile Technology (300825.SZ): The company's Siasun Robot&Automation Business is in the early development stage.
Gelonghui reported on January 17 that IAT Automobile Technology (300825.SZ) stated on the investor interaction platform that the company has developed and trained various specialized models around the Autos design Business, which have gradually been applied to multiple projects both internally and externally. The company's Siasun Robot&Automation Business is in the early cultivation stage.
IAT Automobile Technology (300825.SZ): Currently not involved in planetary roller screw business.
Gelonghui, January 17th丨IAT Automobile Technology (300825.SZ) stated on the investor interaction platform that as of now, the company is not involved in the planetary rolling screw business.