证券日报网讯2月25日，雷神科技发布2025年年度业绩快报公告称，公司2025年实现营业收入 3042095807.88元，同比增长2.93%；归属于上市公司股东的净利润23122027.14元，同比增长7.55%。 ...

利润表现显著改善、盈利质量持续提升，背后是雷神科技多维度系统性优化的结果。供应链端，公司建 立核心原料储备与动态管理机制，通过前瞻备货有效对冲零部件价格波动风险；产品结构端，高附加值 的AI硬件、高端电竞装备营收占比稳步提升，有力推动经营效率与盈利水平的双重优化。 展望2026年，AI PC渗透率有望加速提升，智能眼镜正成为高潜力消费电子新兴赛道；信创替代需求向 央企及地方国企延伸，市场空间持续拓展；电竞产业的体育化、产业化进程加快，生态日趋完善。在此 背景下，雷神科技凭借清晰的战略主线与扎实的基本面，有望在新的一年持续兑现增长预期，迎来盈利 与估值双提升的新周期。 电竞装备板块作为雷神科技核心基本盘，持续巩固全场景领先优势。依托星闪、蜂鸟屏等前沿科技的持 续落地，叠加电竞体育化浪潮持续升温的行业红利，公司全场景电竞产品矩阵市场表现持续强劲，核心 游戏本等产品始终保持高热度与市场认可度。与此同时，公司电竞生态布局逐步深化：电竞酒店全国签 约门店突破225家，规模化效应初显；自主IP赛事"雷神杯·ACL"覆盖150余座城市的1000余所高校，累 计吸引超10万名选手参赛，行业影响力持续扩大。电竞衍生场景的快速发 ...

信创板块作为雷神科技第二增长曲线，驶入规模化与高质量并进的发展快车道。2025年是党政信创国产 化替代的关键收官之年，行业迎来全面替换高峰，雷神科技凭借多年积累的技术优势与项目经验，持续 拓展信创产品在党政机关及金融、能源、教育、医疗等八大重点行业的应用深度与广度，累计中标超 300个项目。在大模型时代对网络安全提出更高要求的背景下，雷神科技信创产品的自主可控优势愈发 凸显；叠加公司"双百计划"(打造100家金牌代理商、100家行业头部用户)的落地推进，为信创业务的持 续增长筑牢了坚实根基。 2月25日，北交所上市公司雷神科技(920190)披露2025年年度业绩快报。报告显示，公司全年营业收入 达30.42亿元，连续三年保持同比增长；利润总额2798万元，同比大增24.64%，增幅创上市以来新高。 得益于销售结构的持续优化、三大业务赛道的协同发力以及全球化布局的深化，公司各项核心财务指标 全面向好，盈利能力与抗风险能力持续增强，充分印证了公司"电竞+信创"双轮驱动、AI硬件赋能增长 的战略布局势能释放，已进入动能更足、质效更优的高质量发展新阶段。 电竞装备板块作为雷神科技核心基本盘，持续巩固全场景领先优势。 ...

本公告所载 2025 年度的财务数据为初步核算数据，尚未经会计师事务所审计，不构成公司对投资者的 业绩承诺，最终数据以公司2025 年年度报告中披露的数据为准，敬请广大投资者谨慎决策，注意投资 风险。四、备查文件目录 经公司现任法定代表人、主管会计工作负责人、会计机构负责人签字并盖章的资产负债表和利润表。 青岛雷神科技股份有限公司董事会2026 年 2 月 25 日 雷神科技（920190）主营业务：专业化计算机硬件产品的设计、研发、生产和销售。 该股最近90天内无机构评级。 证券之星消息，雷神科技近日即将发布2025年年报，根据2月25日发布的业绩快报，归属净利润盈利 0.231亿元，同比增长7.55%。 业绩快报公告中对经营业绩和财务状况情况的说明： 报告期内，公司营业收入为3,042,095,807.88元，同比增长2.93%；利润总额为 27,976,198.49 元，同比增 长 24.64%；归属于上市公司股东的净利润为 23,122,027.14 元，同比增长 7.55%；归属于上市公司股东 的扣除非经常性损益的净利润为 18,881,666.61 元，同比增长10.91%；基本每股收益为 0.2 ...

Core Viewpoint - Thunder Technology is actively advancing its AI hardware and overseas market expansion, with a focus on high-performance computing hardware as a specialized enterprise in Shandong Province [1]. Stock Performance - On February 10, 2026, Thunder Technology's closing price was 27.45 CNY per share, with a single-day increase of 3.66% [2]. Financial Performance - For the third quarter of 2025, the company reported a revenue of 2.286 billion CNY, representing a year-on-year growth of 13.90%. The net profit was 20.0448 million CNY, an increase of 10.36% compared to the previous year. The inventory reached 734 million CNY, up 88.27% from the end of the previous year, indicating a proactive stocking strategy in response to rising memory prices [3]. Strategic Initiatives - Thunder Technology is accelerating its AI hardware and overseas market expansion. In the AI product line, the company has launched AI PCs, AI agents, and AI smart glasses, positioning itself to capitalize on the market opportunities in 2026, which is expected to be the year of AI PC penetration. For overseas expansion, the company is utilizing e-commerce platforms like Amazon and AliExpress to reach over 45 countries globally, with plans to increase the overseas revenue share to over 50% in the next 3-5 years. In January 2026, the company showcased its AI gaming products at CES 2026, further enhancing its global brand presence [4].

Core Viewpoint - Raytheon Technology's inventory has significantly increased to 734.7 million yuan, a rise of 88.27% compared to the previous year, driven by strategic stockpiling of core components like CPUs and memory in anticipation of market trends and raw material price fluctuations [1][2] Financial Summary - Cash and cash equivalents decreased by 37.99% to approximately 289.8 million yuan due to increased payments to suppliers and bank loans [2] - Accounts receivable financing fell by 31.94% to about 48.5 million yuan, attributed to clients using bank acceptance bills for settlement [2] - Prepayments surged by 110.89% to around 34.1 million yuan, primarily due to increased advance payments to core suppliers like Intel [2] - Other receivables rose by 126.72% to approximately 4.7 million yuan, linked to deposits and guarantees for new business ventures [2] - Fixed assets increased by 129.27% to about 2.5 million yuan, driven by equipment leasing for clients [2] Market Dynamics - In a strong cyclical market, inventory is viewed as a strategic asset rather than a mere capital lockup, providing companies like Raytheon Technology with a competitive edge during market fluctuations [1][4] - The memory market has seen dramatic price increases, with DDR5 memory prices rising over 300% since September 2025, indicating a robust demand driven by AI computing needs [3] Strategic Positioning - Raytheon Technology's inventory strategy may pressure cash flow in the short term but positions the company to capitalize on future market opportunities by locking in low-cost materials and maintaining pricing power [4] - The company is optimistic about the market outlook, with expectations of significant growth in the GenAI PC market and gaming PCs, aligning with its strategic focus on high-end and intelligent product offerings [5][6] Global Expansion - Raytheon Technology aims to increase its overseas revenue share to over 50% within the next 3 to 5 years, with notable growth in markets like North America and Southeast Asia [8] - The company's long-term vision aligns with a commitment to the esports industry and the anticipated growth in memory markets, suggesting a promising future for its value proposition [8]

Group 1 - The core viewpoint of the article is that Raytheon Technologies' stock rose by 3% in pre-market trading, and the company expects adjusted sales to reach between $92 billion and $93 billion by 2026, aligning with market expectations [1]

Group 1 - Raytheon Technologies' stock rose by 3% in pre-market trading on January 27 [2]

Core Viewpoint - Raytheon Technologies reported a fourth-quarter sales of $24.24 billion, representing a year-over-year growth of 12% and adjusted earnings per share of $1.55, surpassing market expectations of $1.47 [1] Financial Performance - Fourth-quarter sales reached $24.24 billion, a 12% increase compared to the previous year [1] - Adjusted earnings per share for the fourth quarter were $1.55, exceeding market estimates of $1.47 [1] Future Outlook - The company anticipates adjusted sales between $92 billion and $93 billion for the year 2026, with market expectations set at $92.43 billion [1]

Group 1 - Raytheon Technologies announced that Qingdao Hailifangzhou Venture Capital Center plans to reduce its holdings by up to 1,779,067 shares, accounting for 1.7791% of the total share capital [2] - The reduction will occur within three months after 30 trading days from the announcement date [2] - The reason for the reduction is the expiration of the fund's duration [2]