Core Viewpoint - The company Nanjing Panda announced an expected net profit attributable to the parent company of approximately 10 to 15 million yuan for the year 2025, a significant turnaround from a loss of 188.85 million yuan in the same period last year, indicating a return to profitability [1] Financial Performance - The projected net profit for 2025 is estimated to be between 10 million and 15 million yuan, compared to a loss of 188.85 million yuan in the previous year, marking a notable improvement [1] - The expected non-recurring net profit is projected to be between -25.9 million and -25.4 million yuan, compared to a loss of 20.23 million yuan in the same period last year [1] Reasons for Performance Change - The primary reason for the performance change is the gain from the disposal of equity interests in joint ventures [1] - The transformation towards intelligent manufacturing and other business areas has not met expectations, compounded by intense market competition [1] - The company has also made provisions for impairment losses on related assets [1]

Core Viewpoint - Nanjing Panda (600775) has indicated that a small portion of its consumer electronic terminal products is sold to EU countries, which constitutes a minor part of the company's overall revenue [1] Group 1 - The company's subsidiary, Shenzhen Jinghua Electronics Co., Ltd., is responsible for the sales of these products to the EU market [1] - Sales to the EU market are primarily conducted through direct exports by domestic entities and third-party agents [1]

Investment Rating - The communication industry is rated as "Cautiously Optimistic" with a focus on operators with sustained profit growth and enhanced network value, as well as companies benefiting from traffic growth and continuous technological innovation [5][37]. Core Insights - The communication sector showed a 0.77% increase from January 12 to January 16, 2026, outperforming the CSI 300 index by 1.34 percentage points, ranking 7th among 30 sectors [2][12]. - The report highlights the strategic significance of industrial internet platforms in reshaping the manufacturing system and enhancing supply chain resilience and security [3][33]. - The goal for industrial internet platforms by 2028 includes establishing over 450 high-quality platforms, connecting 120 million devices, and achieving a penetration rate exceeding 55% [4][34]. Summary by Sections Communication Industry Market Review - The communication sector's cumulative increase for 2026 is 2.39%, ranking 16th among the primary sectors [2][12]. - The sector includes 119 listed companies, with 54 experiencing price increases and 64 seeing declines during the review period [13]. - The TTM PE ratio for the communication sector is 26.95, positioned at the 37.25 percentile [14]. Industry News - A new satellite constellation plan has been submitted to the ITU, proposing nearly 200,000 satellites, significantly surpassing existing projects [17][18]. - The industrial internet platform development action plan aims to enhance the quality and application of platforms, marking a shift from merely building platforms to strengthening and utilizing them [3][34]. Investment Recommendations - The report suggests maintaining a cautiously optimistic stance, focusing on operators with ongoing profit growth, companies benefiting from traffic and computing network growth, and those with strong core competitiveness through continuous innovation [5][37].

Core Viewpoint - Nanjing Panda Electronics Co., Ltd. (00553.HK) will hold a board meeting on March 27, 2026, to review and approve the annual performance for the year ending December 31, 2025, and to consider the distribution of a final dividend, if any [1]. Group 1 - The board meeting is scheduled for March 27, 2026 [1] - The meeting will include the review and approval of the company's annual performance for the year ending December 31, 2025 [1] - The board will also consider the distribution of a final dividend, if applicable [1]

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。 董事長 於 本 公 告 日 期，董 事 會 包 括 執 行 董 事：夏 德 傳 先 生 及 胡 回 春 先 生；非 執 行 董 事：劉 劍 鋒 先 生、胡 進 先 生 及 呂 松 先 生；及 獨 立 非 執 行 董 事：熊 焰 韌 女 士、戴 克 勤 先 生 及 朱 維 馴 先 生；及 職 工 董 事：易 國 富 先 生。 董事會會議日期 南 京 熊 猫 電 子 股 份 有 限 公 司（「本公司」）董 事 會（「董事會」）謹 此 宣 佈，本 公 司 將 於 二 零 二 六 年 三 月 二 十 七 日（星 期 五）召 開 董 事 會 會 議，藉 以（其 中 包 括）審 議 及 批 准 本 公 司 及 其 附 屬 公 司 截 至 二 零 二 五 年 十 二 月 三 十 一 日 止 年 度 之 全 年 業 績 及 其 發 佈，以 及 考 慮 ...

香港联交所最新数据显示，1月9日，Barclays PLC减持南京熊猫电子股份（00553）179.8万股，每股作 价6.3883港元，总金额约为1148.62万港元。减持后最新持股数目为1521.6万股，最新持股比例为 6.29%。 责任编辑：卢昱君 热点栏目 自选股 数据中心 行情中心 资金流向 模拟交易 客户端 香港联交所最新数据显示，1月9日，Barclays PLC减持南京熊猫电子股份（00553）179.8万股，每股作 价6.3883港元，总金额约为1148.62万港元。减持后最新持股数目为1521.6万股，最新持股比例为 6.29%。 责任编辑：卢昱君 热点栏目 自选股 数据中心 行情中心 资金流向 模拟交易 客户端 ...

（原标题：Barclays PLC减持南京熊猫电子股份(00553)179.8万股 每股作价6.3883港元） 智通财经APP获悉，香港联交所最新数据显示，1月9日，Barclays PLC减持南京熊猫电子股份 (00553)179.8万股，每股作价6.3883港元，总金额约为1148.62万港元。减持后最新持股数目为1521.6万 股，最新持股比例为6.29%。 ...

Core Viewpoint - The communication equipment sector experienced a mixed performance, with a slight overall increase of 0.88% on January 15, while the Shanghai Composite Index fell by 0.33% and the Shenzhen Component Index rose by 0.41% [1]. Group 1: Stock Performance - Shenyu Co., Ltd. led the gains in the communication equipment sector with a closing price of 42.62, reflecting a rise of 10.39% and a trading volume of 396,000 shares, amounting to a transaction value of 1.671 billion [1]. - Other notable performers included: - Sega Technology with a closing price of 39.50, up 10.00% [1]. - Shijia Photon with a closing price of 87.43, up 7.30% [1]. - Lian Te Technology with a closing price of 197.00, up 7.01% [1]. - Zhaolong Interconnect with a closing price of 57.55, up 6.67% [1]. Group 2: Declining Stocks - The sector also saw significant declines, with Guangha Communication dropping 17.15% to a closing price of 28.98 [2]. - Other stocks that faced losses included: - Fujida down 10.68% to 44.90 [2]. - Xinkemobile down 10.66% to 17.76 [2]. - Huanghuo Communication down 10.01% to 43.07 [2]. Group 3: Capital Flow - The communication equipment sector experienced a net outflow of 1.058 billion from institutional investors and 2.280 billion from retail investors, while retail investors saw a net inflow of 3.338 billion [2]. - The capital flow for specific stocks indicated: - Zhongji Xuchuang had a net inflow of 1.832 billion from institutional investors [3]. - Xinyi Sheng saw a net inflow of 1.208 billion [3]. - Shijia Photon had a net inflow of 516 million [3].

来源：新浪港股 香港联交所最新数据显示，1月8日，Barclays PLC减持南京熊猫电子股份（00553）643.6万股，每股均 价6.5087港元，总金额约为4189万港元。减持后最新持股数目为1701.4万股，最新持股比例为7.03%。 ...

香港联交所最新数据显示，1月8日，Barclays PLC减持南京熊猫（600775）电子股份(00553)643.6万股， 每股均价6.5087港元，总金额约为4189万港元。减持后最新持股数目为1701.4万股，最新持股比例为 7.03%。 ...