格隆汇1月13日丨丘钛科技(01478.HK)公告，根据公司目前可得之资料及董事会对集团截至2025年12月 31日止年度(「本年度」)未经审核管理报表之初步审阅，预期集团本年度之综合溢利较截至2024年12月 31日止年度(「同期」)之综合溢利约人民币2.79亿元增长约400%至450%。 ...

Core Viewpoint - The company, Q Technology (01478), anticipates a significant increase in consolidated profit for the year ending December 31, 2025, projecting a growth of approximately 400% to 450% compared to the consolidated profit for the year ending December 31, 2024, amounting to around RMB 279 million [1][2]. Group 1 - The board believes that the expected substantial growth in consolidated profit is primarily due to the company's unwavering commitment to its five-year strategic development plan (2021-2025) and the accelerated development of smart visual products outside the mobile phone sector [2]. - The rapid development of the global smart driving and IoT smart terminal industries has significantly increased the demand for camera modules, leading to a notable rise in product specifications [2]. - The company has maintained strong partnerships with leading smart driving solution providers, handheld imaging device brands, and other prominent IoT smart terminal brands, resulting in a year-on-year doubling of sales volume for camera modules applied in other fields [2]. Group 2 - The company continues to focus on mid-to-high-end camera modules and fingerprint recognition modules, with substantial year-on-year growth in sales of periscope camera modules, optical image stabilization camera modules, and ultrasonic fingerprint recognition modules [2]. - The scale growth of high-end products has effectively improved the company's product added value [2]. - The company has made significant progress in operational efficiency, development capability, quality capability, and delivery capability through its digital transformation efforts [2]. Group 3 - The steady growth in operating revenue, effective improvement in product structure, and optimization of internal operations have collectively contributed to a noticeable improvement in the company's gross profit margin [2]. - The company completed the sale of approximately 51.08% of its subsidiary Kunshan Q Tech Microelectronic (India) Private Limited, generating income from this transaction [2]. - Additionally, the performance of a joint venture has improved compared to the same period last year, allowing the company to recognize income from the joint venture, whereas it previously recorded a loss [2].

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準 確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容而產生 或因倚賴該等內容而引致的任何損失承擔任何責任。 Q TECHNOLOGY (GROUP) COMPANY LIMITED 丘鈦科技(集團)有限公 司 （於開曼群島註冊成立的有限公司） （股份代號：1478） 正面盈利預告 本公告乃由丘鈦科技（集團）有限公司（「本公司」，連同其附屬公司統稱「本集 團」）根據香港聯合交易所有限公司證券上市規則（「上市規則」）第13.09(2)(a)條 及證券及期貨條例（香港法例第571章）第XIVA部而刊發。 本公司董事會（「董事會」）謹此知會本公司股東（「股東」）及潛在投資者，根據 本公司目前可得之資料及董事會對本集團截至二零二五年十二月三十一日止 年度（「本年度」）未經審核管理報表之初步審閱，預期本集團本年度之綜合溢 利較截至二零二四年十二月三十一日止年度（「同期」）之綜合溢利約人民幣 279,068,000元增長約400%至450%。 董事會相信預期錄得綜合溢利同比大幅增長主要是由於以下因素：(i)本集團始 終堅定 ...

Core Viewpoint - Citi's report indicates that Q Technology's smartphone camera module shipments increased by 13.2% month-on-month in December, with total annual shipments reaching 435 million units, representing a year-on-year growth of 6%, outperforming the bank's previous estimate of a 3.2% decline [1] Group 1: Smartphone Camera Modules - In December, shipments of camera modules with 32 million pixels and above decreased by 0.9% month-on-month and 11% year-on-year [1] - The overall performance in the smartphone camera module segment is impacted by a weak smartphone market, leading to a downward revision of shipment and gross margin assumptions for 2026 [1] Group 2: Non-Smartphone Camera Modules - Shipments of non-smartphone camera modules saw a significant year-on-year increase of 111%, driven by strong performance in the automotive sector and robust demand in the Internet of Things (IoT) [1] - This growth in non-smartphone segments is notably higher than the company's guidance of a 60% year-on-year increase [1] Group 3: Financial Projections - Citi has lowered its earnings per share forecasts for Q Technology by 17% and 15% for 2026 and 2027, respectively [1] - Despite the adjustments, the company is still expected to achieve a net profit exceeding 1 billion yuan in 2026, supported by its non-smartphone business [1] - The target price for Q Technology has been reduced from HKD 17.9 to HKD 12, while maintaining a "Buy" rating [1]

每经AI快讯，丘钛科技(01478.HK)午后跌超5%，截至发稿，跌5.03%，报9.07港元，成交额7766.26万港 元。 ...

Core Viewpoint - Hillstone Technology (01478) experienced a decline of over 5%, with a current price of HKD 9.07 and a trading volume of HKD 77.66 million, following the release of its shipment data for December and the full year [1] Group 1: Shipment Data - In December, the shipment of mobile camera modules increased by 13.2% month-on-month, with a total annual shipment of 435 million units, representing a year-on-year growth of 6%, which was better than the previous estimate of a 3.2% decline by Citigroup [1] - The shipment of camera modules with 32 million pixels and above saw a month-on-month decrease of 0.9% and a year-on-year decrease of 11%, resulting in an annual share of 48%, which is below the company's guidance of 55% [1] Group 2: Non-Mobile Segment Performance - The shipment volume of non-mobile camera modules experienced a significant year-on-year increase of 111%, primarily driven by strong performance in the automotive sector and robust demand in the Internet of Things (IoT), exceeding the company's guidance of 60% year-on-year growth [1] Group 3: Financial Projections - Citigroup has revised down its shipment and gross margin assumptions for Hillstone Technology's mobile camera modules and fingerprint recognition modules for 2026, reflecting the impact of a weak smartphone market [1] - The earnings per share forecasts for 2026 and 2027 have been reduced by 17% and 15%, respectively, but the company is still expected to achieve a net profit of over RMB 1 billion in 2026, driven by its non-mobile business [1]

Core Viewpoint - Hillstone Technology (01478) experienced a decline of over 5%, closing at HKD 9.07, with a trading volume of HKD 77.66 million [1] Group 1: Shipment Data - In December, the shipment of mobile camera modules increased by 13.2% month-on-month, with a total annual shipment of 435 million units, representing a year-on-year growth of 6%, outperforming Citigroup's previous estimate of a 3.2% decline [1] - The shipment of camera modules with 32 million pixels and above saw a month-on-month decrease of 0.9% and a year-on-year decline of 11%, resulting in an annual share of 48%, which is below the company's guidance of 55% [1] Group 2: Non-Mobile Camera Modules - The annual shipment of non-mobile camera modules grew significantly by 111% year-on-year, driven by strong performance in the automotive sector and robust demand in the Internet of Things (IoT), exceeding the company's guidance of 60% year-on-year growth [1] Group 3: Earnings Forecast Adjustments - Citigroup has lowered its shipment and gross margin assumptions for Hillstone Technology's mobile camera modules and fingerprint recognition modules for 2026, reflecting the impact of a weak smartphone market [1] - The earnings per share forecast for 2026 and 2027 has been reduced by 17% and 15%, respectively, but the company is still expected to achieve a net profit of over RMB 1 billion in 2026, driven by its non-mobile business [1]

声明：市场有风险，投资需谨慎。本文为AI基于第三方数据生成，仅供参考，不构成个人投资建议。 本文源自：市场资讯 作者：情报员 国家知识产权局信息显示，昆山丘钛微电子科技股份有限公司取得一项名为"大靶面手机长焦镜头"的专 利，授权公告号CN118151332B，申请日期为2024年1月。 天眼查资料显示，昆山丘钛微电子科技股份有限公司，成立于2007年，位于苏州市，是一家以从事计算 机、通信和其他电子设备制造业为主的企业。企业注册资本288758.8万人民币。通过天眼查大数据分 析，昆山丘钛微电子科技股份有限公司共对外投资了5家企业，参与招投标项目37次，财产线索方面有 商标信息6条，专利信息799条，此外企业还拥有行政许可43个。 ...

Core Viewpoint - Company reported significant growth in camera module sales driven by increased overseas demand and market share gains, while fingerprint recognition module sales experienced a decline due to changes in product accounting [1] Group 1: Camera Module Sales - The sales volume of mobile camera modules reached 43.08 million units in December 2025, representing a quarter-on-quarter increase of 13.2% and a year-on-year increase of 40.8% [1] - Total sales of camera modules amounted to 45.938 million units, with a quarter-on-quarter increase of 10% and a year-on-year increase of 43.6% [1] - The growth in camera module sales is attributed to rising demand from overseas clients and an increase in market share, particularly for modules with less than 32 million pixels [1] Group 2: Fingerprint Recognition Module Sales - The total sales volume of fingerprint recognition modules was 17.947 million units, showing a quarter-on-quarter increase of 0.9% but a year-on-year decrease of 12% [1] - The decline in fingerprint recognition module sales is primarily due to the exclusion of certain products produced and sold in India from the sales count starting September 26, 2025, with no similar exclusions in the previous period [1] Group 3: Other Camera Module Applications - Sales of camera modules for IoT and smart automotive applications saw significant year-on-year growth, indicating a positive trend in these sectors [1]

Core Viewpoint - Company reported significant growth in camera module sales driven by increased overseas demand and market share expansion, while fingerprint recognition module sales experienced a decline due to changes in product accounting [1] Group 1: Camera Module Sales - The sales volume of mobile camera modules reached 43.08 million units in December 2025, representing a quarter-on-quarter increase of 13.2% and a year-on-year increase of 40.8% [1] - Total sales of camera modules amounted to 45.938 million units, with a quarter-on-quarter increase of 10% and a year-on-year increase of 43.6% [1] - The growth in camera module sales is attributed to rising demand from overseas clients and an increase in market share, particularly for modules with less than 32 million pixels [1] Group 2: Fingerprint Recognition Module Sales - The sales volume of fingerprint recognition modules totaled 17.947 million units, showing a quarter-on-quarter increase of 0.9% but a year-on-year decrease of 12% [1] - The decline in fingerprint recognition module sales is primarily due to the exclusion of certain products produced and sold in India from the sales count starting September 26, 2025 [1]