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研報掘金丨中泰證券:維持恆生電子“買入”評級,積極擁抱AI機遇

中泰證券研報指出,恆生電子(600570.SH)24年歸母淨利潤10.43億元,同比下滑26.75%;2025年Q1歸母淨利潤0.31億元,同比增長186.70%。2024年,部分金融機構受市場波動、業務轉型等多重因素影響,業務收入增長放緩甚至出現下滑。在行業內,無論是研發投入規模,還是產品技術人才的儲備,公司均展現出顯著的領先地位。公司自主研發的光子AI中間件平臺已成功落地多家客戶,全面覆蓋金融投研、投顧、合規、運營、投行等核心業務場景,推動自身與國產算力的適配優化,集成業界領先的大模型,實現多模型部署。維持“買入”評級。

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