本报告导读:业绩超预期,自身核心白领和蓝领市场份额均稳步提升,AI 带动细分产业用工需求景气度回暖,且 AI产品逐步落地将贡献效率优化和增量收入。投资要点:收入及业绩超 预期,增持。公司份额稳步提升,AI及细分岗位景气度逐步改善,AI 相关产品落地将贡献增量。考虑公司费用投放和激励费用节奏,下调2025/26 年经调整归母净利润至32.99/39.98(-2.18/-2.05)亿元。新增2026 ...
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