证券代码：600487 证券简称：亨通光电 公告编号：2025-032 号 江苏亨通光电股份有限公司 第九届董事会第九次会议决议公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 江苏亨通光电股份有限公司（以下简称"公司"或"亨通光电"）第九届董事 会第九次会议于 2025 年 8 月 22 日以现场结合通讯表决方式召开，会议通知已于 2025 年 8 月 11 日以电子邮件、专人送达或电话通知等方式发出，会议的通知及召 开符合《公司法》及《公司章程》的要求。本次会议应出席董事 12 名，实际出席 会议的董事 12 名。会议由董事长崔巍先生主持，会议审议了关于《2025 年半年度 报告全文及摘要》等四项议案，决议如下： 一、审议通过关于《2025 年半年度报告全文及摘要》的议案； 本议案已经公司第九届董事会审计委员会 2025 年第四次会议审议通过。 表决结果：同意票 12 票，否决票 0 票，弃权票 0 票。 具体内容详见上海证券交易所网站（www.sse.com.cn）披露《亨通光电 2025 年半年度报告》《亨通 ...

江苏亨通光电股份有限公司2025 年半年度报告 公司代码：600487 公司简称：亨通光电 江苏亨通光电股份有限公司 2025 年半年度报告 1 / 262 江苏亨通光电股份有限公司2025 年半年度报告 重要提示 一、 本公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容的真实性、准确 性、完整性，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 二、 公司全体董事出席董事会会议。 三、 本半年度报告未经审计。 四、 公司负责人张建峰、主管会计工作负责人吴燕及会计机构负责人（会计主管人员）吴燕声 明：保证半年度报告中财务报告的真实、准确、完整。 五、 董事会决议通过的本报告期利润分配预案或公积金转增股本预案 无 六、 前瞻性陈述的风险声明 √适用 □不适用 本报告包括前瞻性陈述。除历史事实陈述外，所有本公司预计或期待未来可能或即将发生的 业务活动、事件或发展动态的陈述（包括但不限于预测、目标、估计及经营计划）都属于前瞻性 陈述，不构成公司对投资者的实质承诺。受诸多因素影响，未来实际结果与报告中前瞻性陈述或 有较大差异，请投资者应注意投资风险。 七、 是否存在被控股股东及其他关联 ...

Group 1 - The core viewpoint of the article is that Hengtong Co., Ltd. reported significant growth in revenue and net profit for the first half of 2025, indicating strong business performance [1] - The company achieved an operating income of 818 million yuan, representing a year-on-year increase of 45.80% [1] - The net profit attributable to shareholders of the listed company was 127 million yuan, showing a year-on-year growth of 8.91% [1] Group 2 - The net profit attributable to shareholders after deducting non-recurring gains and losses was 78.33 million yuan, which reflects a year-on-year decline of 29.36% [1] - The basic earnings per share were reported at 0.04 yuan [1]

天眼查商业履历信息显示，江苏亨通光电股份有限公司，成立于1993年，位于苏州市，是一家以从事批 发业为主的企业。企业注册资本246673.4657万人民币，实缴资本9112万人民币。公司法定代表人为张 建峰。 通过天眼查大数据分析，江苏亨通光电股份有限公司共对外投资了77家企业，参与招投标项目2633次， 知识产权方面有商标信息69条，专利信息1448条，此外企业还拥有行政许可88个。 金融界消息 截至2025年8月25日收盘，亨通光电（600487）报收于20.22元，上涨7.96%，换手率 6.67%，成交量162.98万手，成交金额32.34亿元。 资金流向方面，今日主力资金净流入2.71亿元，占比成交额8.38%。其中，超大单净流入3.06亿元、占 成交额9.46%，大单净流出3482.19万元、占成交额1.08%，中单净流出流出11252.25万元、占成交额 3.48%，小单净流出15840.90万元、占成交额4.9%。 亨通光电最新一期业绩显示，截至2025一季报，公司营业总收入132.68亿元、同比增长12.58%，归属净 利润5.57亿元，同比增长8.52%，扣非净利润5.46亿元，同比增长3 ...

Group 1 - The CPO concept stocks in the A-share market experienced significant gains, with notable performances from various companies [1] - Robotech reached a 20% limit up, while Dekoli surged over 14% [1] - Other companies such as Zhongji Xuchuang and Juguang Technology saw increases of over 13% and 10% respectively [1] Group 2 - Cambridge Technology and Changfei Optical Fiber both hit the 10% limit up [1] - New Yisheng rose over 9%, while companies like Changxin Bochuang and Shijia Photon increased by over 8% [1] - Several other firms, including Hengtong Optical, Huimiao Technology, and Mingpu Optoelectronics, saw gains of over 6% [1]

Investment Rating - Industry Rating: Outperform the market (maintained rating) [7] Core Viewpoints - The AI computing direction is a key investment theme due to strong industry momentum and high demand, particularly in the overseas computing industry chain [3][29] - The report emphasizes the importance of the "AI + overseas + satellite" investment opportunities, highlighting the potential in AI infrastructure and applications in 2025 [4][30] - The satellite internet industry is gaining traction, with significant advancements expected to catalyze growth in related sectors [3][30] Summary by Sections 1. Artificial Intelligence and Digital Economy - Key recommendations include: - Optical modules & devices: Focus on companies like Zhongji Xuchuang, Xinyi Sheng, Tianfu Communication, and Yuanjie Technology [5][32] - Switch server PCBs: Recommended companies include Hudian Co., ZTE, and Unisplendour [5][32] - Low valuation, high dividend: China Mobile, China Telecom, and China Unicom are highlighted for resource revaluation [5][32] - AIDC & cooling: Key recommendations include Yingweike and Runze Technology [5][32] - AIGC applications: Focus on companies like Guohua Tong and Meige Intelligent [5][32] 2. Offshore Wind Power and Intelligent Driving - Key recommendations for offshore cable companies include Hengtong Optic-Electric, Zhongtian Technology, and Oriental Cable [6][33] - The report suggests focusing on companies with strong recovery potential in overseas markets, such as Huace Navigation and Weisheng Information [6][33] - For intelligent driving, recommended companies include Guanghe Tong and Meige Intelligent [6][33] 3. Satellite Internet and Low Altitude Economy - The report highlights the acceleration of low-orbit satellites and the low-altitude economy, recommending companies like Huace Navigation and Haige Communication [7][34] - Suggested companies for attention include Chengchang Technology and Zhenlei Technology [7][34] 4. Market Performance Review - The communication sector rose by 10.47% during the week of August 18-22, outperforming the CSI 300 index by 6.29 percentage points [35][36] - Notable performers included ZTE and Dekeli, while companies like ST Gaohong experienced declines [37][38]

Core Viewpoint - Hengtong Optic-Electric has shown significant growth in both revenue and net profit since its listing in 2003, with a strong focus on smart grid and copper conductor products, indicating robust business performance and market potential [3][4][5]. Revenue Analysis - In 2020, Hengtong Optic-Electric achieved revenue of 32.384 billion yuan, which increased to 59.984 billion yuan by 2024, demonstrating a fluctuating upward trend, with notable growth rates in 2021 and 2024 [4]. Profit Analysis - The company reported a net profit attributable to shareholders of 1.062 billion yuan in 2020, which rose to 2.769 billion yuan in 2024, maintaining positive growth in all years except for a decline in 2020 [5]. Market Performance - Since its IPO, Hengtong Optic-Electric's market capitalization has increased by 26.34 times, peaking at 63.733 billion yuan on November 22, 2017, with a corresponding stock price of 46.87 yuan. As of August 21, the market cap was 44.969 billion yuan, reflecting a decrease of 18.764 billion yuan, or 29.44% from its peak [7]. Product Revenue Structure - The main business segments include smart grid and copper conductor products, with smart grid accounting for the highest revenue share at 36.98%, followed by copper conductors at 25.02% [3]. Profit Growth Consistency - Over the past 22 years, Hengtong Optic-Electric has not recorded any annual losses, achieving net profit growth in 17 of those years, which represents 77.27% of the time [3].

此次扩产项目占地200多亩，一期投资将引入工艺、检测及公辅等先进设备100多套。这并非亨通光电在 特种光纤领域的首次落子，其先后布局高端光学新材料、高精度管材产业化、空芯光纤研发制备等项 目，展现出前瞻性的"生态思维"。亨通光电凭借多年来在研发布局与产业链规划上的深耕，不仅精准满 足了产品性能对工程的使用要求，更已完全具备产业化能力。 在AI与算力定义一切的时代，谁掌握了更先进的信息传输"管道"，谁就更能把握数据洪流的命脉。亨通 光电此次投入先进光纤材料研发与制造，正是看准了这一不可逆转的趋势--未来的算力优势，不仅取决 于芯片的"大脑"，更依赖于连接它们的"神经"的强度与速度。 以亨通光电为代表的中国企业，正在以"光"为刃，在特种光纤领域的持续深耕与突破，不仅为自身构筑 了"技术护城河"，更是在为中国乃至全球的数字基础设施锻造更坚韧、更迅捷的"算力筋骨"。当这些超 级光纤铺就成网，未来将是一个数据真正畅行无阻、算力触手可及的智能世界。(李瑞璐) 尤其是其空芯反谐振光纤，经权威机构武汉网锐实验室(信息产业光通信产品质量监督检验中心)严格检 验，亨通产品性能全面达标。想象一下，数据在接近真空的纤芯中以近光速传输 ...

截至8月19日收盘，共封装光学(CPO)概念上涨1.80%，位居概念板块涨幅第10，板块内，60股上涨，帝 奥微20%涨停，剑桥科技、领益智造等涨停，东田微、赛微电子、兆龙互连等涨幅居前，分别上涨 11.75%、11.69%、11.46%。跌幅居前的有致尚科技、东山精密、中富电路等，分别下跌5.17%、 3.75%、3.06%。 今日涨跌幅居前的概念板块 | 代码 | 简称 | 今日涨跌幅 | 今日换手率 | 主力资金流量（万 | 主力资金净流入比率 | | --- | --- | --- | --- | --- | --- | | | | （%） | （%） | 元） | （%） | | 300308 | 中际旭 创 | 5.96 | 3.71 | 52808.73 | 4.77 | | 300502 | 新易盛 | 5.12 | 5.10 | 49497.83 | 4.30 | | 600487 | 亨通光 电 | 3.55 | 5.88 | 29367.31 | 10.97 | | 000021 | 深科技 | 6.00 | 9.99 | 25084.23 | 7.79 | | 002897 | 意华股 ...

截至8月19日收盘，F5G概念上涨1.88%，位居概念板块涨幅第4，板块内，27股上涨，剑桥科技涨停， 东田微、德科立、共进股份等涨幅居前，分别上涨11.75%、8.55%、6.70%。跌幅居前的有特发信息、 新亚电子、四川九洲等，分别下跌5.57%、4.07%、1.60%。 今日涨跌幅居前的概念板块 | 概念 | 今日涨跌幅（%） | 概念 | 今日涨跌幅（%） | | --- | --- | --- | --- | | 减速器 | 2.62 | 兵装重组概念 | -1.86 | | 动物疫苗 | 2.47 | PEEK材料 | -1.35 | | 禽流感 | 2.45 | 中船系 | -1.32 | | F5G概念 | 1.88 | 互联网保险 | -1.11 | | 华为海思概念股 | 1.87 | 中芯国际概念 | -0.82 | | 乳业 | 1.85 | 光刻胶 | -0.74 | | 铜缆高速连接 | 1.84 | 国家大基金持股 | -0.70 | | 智能音箱 | 1.82 | 脑机接口 | -0.64 | | 华为欧拉 | 1.82 | BC电池 | -0.63 | | 共封装光学(CPO ...