协议签署可能被市场解读为股东协同效应增强的积极信号。但需注意，公司融资余额近5日下降 2.34%，主力资金虽净流入1674万元，但散户资金呈净流出状态。 公司基本面 此外，公司2025年前三季度归母净利润为3152万元，市盈率（TTM）为79.71倍，估值水平需结合业绩 增长持续性综合考量。 从市场表现看，2月13日公司股价收于12.85元，单日上涨6.55%，成交额2.76亿元，换手率5.35%。近5 日（2月9日至13日）区间涨幅达10.40%，振幅13.14%。同期上证指数下跌1.26%，软件开发板块下跌 0.70%，公司股价表现显著强于大盘及行业。 资金面情况 经济观察网 根据公开信息，山大地纬（688579.SH）控股股东山东高速（600350）集团与股东山大资本 于2026年2月10日签署《一致行动人协议》，协议签署后双方合计控制公司表决权比例达29.58%。此次 权益变动不触及要约收购，且公司控股股东和实际控制人未发生变更。 股票近期走势 ...

近7日(2026年2月9日至13日)，盟升电子股价波动较大，区间涨跌幅为-0.24%，振幅达7.71%。2月13日 最新收盘价为44.88元，单日下跌0.73%，成交额1.26亿元；主力资金净流出842.60万元，延续近期净流 出趋势。股价短期承压，但60日内累计上涨35.44%，反映长期资金对卫星应用赛道关注度较高。 经济观察网盟升电子于2026年2月12日发布2025年全年业绩预告，预计实现营业收入5.26亿元，同比增 长277%，创历史新高；预计归属于母公司所有者的净利润为-1800万元至-1200万元，亏损同比大幅减 少。业绩改善主要受国内特种行业订单恢复执行、下游需求增加驱动，公司卫星导航和卫星通信业务订 单显著增长。尽管仍处亏损，收入高速增长和亏损收窄显示业务复苏态势。 近期事件 2026年2月13日，我国完成首次火箭芯一级箭体海上打捞回收任务，长征十号运载火箭的低空演示验证 成功，推动可重复使用技术发展，对卫星互联网、商业航天产业链形成潜在催化。盟升电子作为卫星导 航和通信设备企业，可能受益于航天产业政策与技术进步。此外，公司于2025年12月引入四川发展引领 资本作为战略投资者，持股6.25% ...

经济观察网金奥博（002917）近期发布2025年度业绩预告，预计业绩同向上升，主要因专用设备和关键 原辅材料产销量增加。正式财务数据需以后续披露的《2025年年度报告》为准。公司公告将"北方区域 运营中心及行业信息服务产业化项目"的预定可使用状态时间延期至2027年12月31日，该项目投资进度 仅为4.40%。 以上内容基于公开资料整理，不构成投资建议。 ...

Recent Events - On January 26, 2026, the company held its first extraordinary general meeting of shareholders for 2026, where it approved the proposal for expected daily related party transactions for 2026 and the proposal to change registered capital and amend the company's articles of association. The latter involves a change in registered capital due to the completion of the conversion of "Zhongchen Convertible Bonds," resulting in a total share capital adjustment to 547,090,454 shares. This change has completed the industrial and commercial registration process and may affect the company's equity structure [2]. Product Development Progress - On January 16, 2026, the company disclosed the application progress of new products, including "liquid-cooled super fast charging cables for charging piles," targeting fast charging scenarios of 400kW-600kW, aimed at improving charging efficiency and safety. Additionally, in November 2025, nine self-developed products were recognized as domestically leading or advanced level during a new product certification meeting, including highly flexible coiled cables [3]. Company Status - As of January 30, 2026, the number of shareholders was 22,100, a decrease of 4.60% from the previous period, with an average of 24,740 circulating shares per person. For the first three quarters of 2025, the company's operating revenue was 2.211 billion yuan, a year-on-year decrease of 2.86%, and the net profit attributable to the parent company was 30.9587 million yuan, a year-on-year decrease of 35.09%. These figures may affect market attention regarding the company's performance realization capability [4]. Future Development - Currently, there is no specific event schedule disclosed for mid-February 2026 (such as the next financial report release date or new meeting arrangements). Investors are advised to pay attention to the company's official announcements for updates on industry policy impacts, progress on the computing power joint venture (in collaboration with Xinglin Technology), or regular reports [5].

Core Viewpoint - The company is experiencing a significant decline in net profit and unusual stock price fluctuations, while also moving forward with a private placement of shares to raise funds for its main projects [1][3][5]. Group 1: Financial Performance - The company forecasts a net profit of 15 million yuan for the year 2025, representing a year-on-year decrease of 54.58% due to rising financing costs and impairment provisions [3]. Group 2: Stock Performance - The company's stock price experienced a cumulative decline of over 20% over three consecutive trading days (January 15, 16, and 19), indicating abnormal volatility, although the company's operations remain normal with no undisclosed significant matters [4]. - Prior to this decline, the stock had reached a limit-up on January 9 due to factors such as "East Data West Computing" and technological reserves, followed by three consecutive days of limit-up trading on January 18 [4]. Group 3: Capital Raising - The company has submitted a registration application for a private placement of A-shares, aiming to raise no more than 662 million yuan for projects including the OSS R&D platform and intelligent scheduling of computing networks [5].

经济观察网汇创达（300909）近期业绩预告显示2025年净利润同比预降80.84%至87.20%，同时公司发 行可转债用于新能源项目的申请已进入深交所第二轮审核问询阶段。 业绩经营情况 公司于2026年2月2日发布业绩预告，预计2025年归母净利润为1290万元至1930万元，同比下降80.84% 至87.20%，主要因汇率波动导致汇兑损失、战略投入增加成本及子公司商誉减值影响。该数据为初步 测算，最终需以经审计的年度报告为准。 公司计划将募集资金投入"动力电池及储能电池系统用CCS及新能源用连接器项目"，标志着向新能源领 域的拓展。此举可能长期影响业务结构，但需跟踪订单落地和产能消化情况。 以上内容基于公开资料整理，不构成投资建议。 公司项目推进 汇创达正推进向不特定对象发行可转换公司债券的申请，拟募资不超过6.5亿元用于新能源项目。深交 所已于2026年1月22日发出第二轮审核问询函，公司及相关中介机构已完成回复。该项目尚需通过深交 所审核及中国证监会注册，最终能否实施存在不确定性。 战略推进 ...

中山基地于2024年第四季度投产，目前仍处于产能爬坡阶段，新增产能尚未完全释放。后续需跟踪其产 能利用率提升情况，以及是否能够缓解成本压力并支撑订单增长。 行业与风险分析 报告期内，公司面临主要产品价格下降、物流及人工成本上升等挑战。未来需关注公司如何通过管理优 化或技术升级应对行业竞争，以改善盈利能力。 以上内容基于公开资料整理，不构成投资建议。 经济观察网基于最新公告，富恒新材(股票代码：920469)在2026年值得关注的事件主要围绕业绩披露和 产能进展展开。 业绩经营情况 公司于2026年2月2日发布2025年年度业绩预告，预计归属于上市公司股东的净利润亏损9,000万元至 13,000万元，同比由盈转亏。正式年度报告预计将于近期披露，需关注亏损原因的具体分析，包括毛利 率下降、营业成本上涨、产能利用率不足及资产减值计提等因素。 公司项目推进 ...

Company Performance - The company expects a net profit loss of between 43 million to 62 million yuan for 2025, with revenue projected to be between 210 million to 250 million yuan, which is below the critical threshold of 300 million yuan [2] - To address performance pressures, the company announced a brand upgrade on January 24, 2026, changing its name from "帅丰集成灶" to "帅丰集成厨电" to expand into the full kitchen appliance sector [3] - The company plans to optimize its product structure and may introduce strategic investors or undergo industry chain restructuring to improve revenue [3] Industry Environment - The integrated stove industry is experiencing a slowdown in demand, with retail sales in the first half of 2025 declining by 27.6% year-on-year [4] - A consumption upgrade policy introduced by the Ministry of Commerce and six other departments in 2026 may provide a recovery opportunity for the industry, but the company needs to quickly enhance product competitiveness and channel efficiency to benefit [4] Financial Situation - The company anticipates recognizing asset impairment losses of approximately 45 million yuan and credit impairment losses of about 18 million yuan in 2025, which will further exacerbate losses [5] - Despite a low debt-to-asset ratio of 7.83% as of the third quarter of 2025, the company is facing deteriorating cash flow, with a net operating cash flow of -88.41 million yuan for the first three quarters [5]

公司于2026年1月30日发布业绩预亏公告，预计2025年归母净利润约-8900万元，同比下降93.52%，营业 收入约9700万元。若最终审计结果符合"净利润为负且营收低于1亿元"的条件，公司股票可能被实施退 市风险警示(ST)。2025年前三季度营收已同比下滑52.81%，毛利率从39.96%骤降至27.54%，核心产品 线收入降幅超70%。 股价异动原因 经济观察网禾信仪器在2025年业绩预亏的背景下，2026年2月13日收盘价为141.50元，年内累计涨幅达 39.92%，股价上涨主要受重大资产重组预期、市场情绪及资金面因素驱动，与基本面亏损现状形成反 差。 业绩经营情况 估值与基本面背离：尽管亏损，市销率(TTM)仍达97倍，远超行业5-10倍的平均水平。市盈率(TTM) 为-166.08倍，估值缺乏业绩支撑。 行业赛道承压：传统环境监测质谱仪需求受政府采购周期影响持续萎缩，新业务尚未形成收入贡献。转 型领域(如量子计算)研发投入大、商业化周期长。 退市风险悬顶：若2025年年报触发退市指标，股价可能面临压力。 未来发展 重组若成功可能拓展技术边界，但需关注交易审核结果及新兴业务落地进度。当前上涨更 ...

Management Changes - Chairman Sun Chuanming resigned for personal reasons and was succeeded by Guo Zhongwu, who is one of the actual controllers of the company and has a technical background, potentially impacting the company's strategic direction [2] Financial Performance - The company expects a narrowing of the net profit loss attributable to shareholders in 2025, projected to be between -26 million and -18 million yuan, representing a year-on-year reduction in loss of 32.42% to 53.21%, primarily due to quality improvement and efficiency measures that enhance gross margin and cost control [3] Business Development - In the first three quarters of 2025, the company's R&D expenses reached 39.26 million yuan, accounting for approximately 34% of revenue. The company is also focusing on the low-altitude economy by establishing subsidiaries to enhance technological upgrades and innovation [4] Related Transactions - On December 30, 2025, the board approved the estimated amount for daily related transactions for 2026, with a total transaction amount not exceeding 30 million yuan with Beijing Digital Vision Technology Co., Ltd. and its subsidiaries, involving product procurement and sales [5]