Group 1 - The stock price of Duolun Technology (603528) has shown volatility in the past seven trading days, with a closing price of 9.75 yuan on February 9, 2026, and a slight increase to 9.73 yuan on February 13, 2026, reflecting a fluctuation of 1.65% during this period [1] - The current price-to-earnings ratio (TTM) stands at -123.80, indicating that the company is still in a loss-making state [1] Group 2 - Recent favorable policies in the intelligent connected vehicle industry may indirectly impact Duolun Technology, which is involved in smart transportation [2] - The Shanghai Municipal Government released the "Shanghai Intelligent Connected Vehicle Development Report (2025)" on February 11, 2026, indicating that the cumulative length of autonomous driving test roads has reached 5,238.82 kilometers [2] - On February 13, 2026, the Ministry of Industry and Information Technology sought public opinion on five mandatory national standards related to autonomous driving systems, aiming to promote the large-scale implementation of L3/L4 level autonomous driving [2] - Shenzhen issued the "Artificial Intelligence + Advanced Manufacturing Action Plan (2026-2027)" on February 12, 2026, proposing pilot applications for "vehicle-road-cloud integration" in intelligent connected vehicles, which is expected to enhance the focus on the smart transportation sector [2] Group 3 - Institutional outlook on Duolun Technology is neutral, with a focus on expected performance improvement [3] - Institutions predict a net loss of 25 million yuan for the company in 2025, but anticipate a turnaround in 2026 with a projected net profit of 151 million yuan and a year-on-year revenue growth of 19.85% [3] - Current institutional ratings are primarily neutral, with no specific target price provided, but there is a need to monitor the progress of AI + smart transportation business implementation [3]

Core Insights - The article emphasizes the growth and significance of intelligent connected vehicles (ICVs) in China's future transportation system, driven by technological advancements, policy support, and market demand [1][6]. Industry Overview - Intelligent connected vehicles are seen as a crucial component of future transportation, with production steadily increasing in China. By 2025, the expected production volume is approximately 11.38 million units, with a market penetration rate of about 32.10% [1][7]. - The market for in-vehicle intelligent connected solutions is projected to grow significantly, reaching 169.3 billion yuan by 2025 and 236.5 billion yuan by 2026 [1][7]. Industry Definition and Categories - In-vehicle intelligent connected solutions rely on interactive wireless networks, integrating vehicle-mounted devices and sensors to create a comprehensive network among vehicles, infrastructure, and users. The solutions encompass six domains: connectivity, intelligent driving, cabin, chassis, power, and body [2][5]. Current Development Status - The intelligent connected vehicle sector is transforming the automotive industry, driven by advancements in technology and increasing demands for smart transportation systems. This sector is pivotal for the integration of automotive technology with AI and information communication [5][6]. Industry Value Chain - The value chain of in-vehicle intelligent connected solutions consists of hardware, software, and services. The upstream includes components like chips and sensors, while the downstream focuses on applications in passenger and commercial vehicles [7][8]. Policy Environment - The development of intelligent connected vehicles is supported by government policies aimed at promoting smart automotive technologies, which provide a solid foundation for the growth of in-vehicle intelligent connected solutions [8][9]. Competitive Landscape - The competition in the in-vehicle intelligent connected solutions industry is intensifying, shifting from product-based competition to a focus on comprehensive capabilities and ecosystem collaboration. Key players include Yundong Intelligent, Weihan Co., Lianyou Technology, and others [9][10]. Key Companies - Yundong Intelligent is a leading supplier in the sector, integrating various advanced technologies to enhance vehicle intelligence. In the first three quarters of 2023, the company reported revenues of 301 million yuan, with significant contributions from communication solutions [10][11]. - Weihan Co. specializes in high-reliability, low-cost wireless communication products and has successfully implemented its digital energy management solutions across various applications, achieving significant market penetration [10][11]. Development Trends - The in-vehicle intelligent connected solutions are evolving towards modular design, leveraging data on vehicle location, speed, and routes to create dynamic interactive wireless networks [11][12].

Core Viewpoint - Duolun Technology (603528.SH) announced that shareholder Mr. Zhang Aoxing plans to reduce his stake in the company due to personal funding needs, with a maximum reduction of 7.0593 million shares, representing up to 1% of the total share capital [1] Summary by Category - Shareholder Action - Mr. Zhang Aoxing intends to reduce his holdings through centralized bidding transactions within three months, starting from 15 trading days after the announcement [1] - Share Reduction Details - The planned reduction is capped at 7.0593 million shares, which is equivalent to 1% of the company's total share capital [1]

证券代码：603528 证券简称：多伦科技 公告编号：2026-004 多伦科技股份有限公司 持股 5%以上股东减持股份计划公告 本公司董事会、全体董事及相关股东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法律责任。 重要内容提示： 股东持股的基本情况 截至本公告披露日，多伦科技股份有限公司（以下简称"公司"）股东张奥 星先生持有公司股份 35,296,507 股，占公司总股本的 5.00%，系通过协议转让 方式取得的股份，且已全部解除限售。 减持计划的主要内容 因自身资金需求，股东张奥星先生计划自本公告披露之日起 15 个交易日后 的 3 个月内，通过集中竞价交易方式减持公司股份不超过 7,059,301 股，即不超 过公司总股本的 1%。 上述减持主体无一致行动人。 1 3、公司不存在破发、破净情形，且不存在最近三年未进行现金分红、累计现金分红金额低于最近三年年均 净利润 30%的情形。 (一)相关股东是否有其他安排 □是 √否 (二)大股东及董监高此前对持股比例、持股数量、持股期限、减持方式、减持 股东名称 张奥星 股东身份 控股股东、实控人及一致行 ...

多伦科技公告，持股5.00%的股东张奥星持有公司3529.65万股，均为协议转让取得且已解除限售，因自 身资金需求，拟自公告披露之日起15个交易日后的2026年3月3日至2026年6月2日，通过集中竞价减持不 超过705.93万股，占公司总股本的1%。 ...

回溯上年同期经营业绩，公司利润总额为-3926.91万元，归属于母公司所有者的净利润为632.27万元，每股收益为0.009元。 对于2025年业绩预亏的主要原因，公告明确指出， 1月24日，多伦科技发布2025年度业绩预告公告，预计2025年年度实现归属于母公司所有者的净利润为-2500万元，较上年同期的盈利状态转为亏损；归属于 母公司所有者的扣除非经常性损益后的净利润为-8000万元，上年同期该数据为-2615.56万元。 一方面受市场环境因素影响，公司主营业务订单达成不及预期，导致营业收入较去年同期出现下滑；另一方面，为增强核心竞争力，公司在新产品研发及产 业链布局等方面仍保持较高投入，而新产品市场推广尚未形成规模贡献，不过公司核心竞争力和持续经营能力未发生重大不利变化。 ...

报告期内，受市场环境因素影响，公司主营业务订单达成不及预期，导致公司营业收入较去年同期出现 下滑，另一方面，为增强核心竞争力，公司在新产品研发及产业链布局等方面仍保持较高投入，而新产 品市场推广尚未形成规模贡献，预计公司2025年度将出现亏损。公司核心竞争力和持续经营能力未发生 重大不利变化。 格隆汇1月23日丨多伦科技(603528.SH)公布，经财务部门初步测算，预计2025年年度实现归属于母公司 所有者的净利润-2,500万元，与上年同期相比，将出现亏损。预计2025年年度实现归属于母公司所有者 的扣除非经常性损益后的净利润-8,000万元。 ...

Core Viewpoint - Duolun Technology (603528.SH) is expected to report a net loss of 25 million yuan attributable to shareholders of the parent company for the fiscal year 2025, indicating a decline compared to the previous year [1] Financial Performance - The company anticipates a net profit of -80 million yuan after deducting non-recurring gains and losses for the fiscal year 2025 [1] - The decline in operating revenue is attributed to unmet expectations in order fulfillment due to market environment factors [1] Investment and Development - Despite the anticipated losses, the company continues to invest heavily in new product development and supply chain layout to enhance core competitiveness [1] - The market promotion of new products has not yet generated significant contributions to revenue [1] Operational Outlook - The company's core competitiveness and ongoing operational capabilities have not experienced significant adverse changes [1]

证券代码：603528 证券简称：多伦科技 公告编号：2026-003 多伦科技股份有限公司 2025 年年度业绩预告公告 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法律责任。 重要内容提示： 业绩预告适用情形：净利润为负值 主要财务数据：多伦科技股份有限公司（以下简称"公司"） 预计 2025 年年度实现归属于母公司所有者的净利润-2,500 万元，与上年同期相比，将出 现亏损；预计 2025 年年度实现归属于母公司所有者的扣除非经常性损益后的净 利润-8,000 万元。 一、本期业绩预告情况 （一）业绩预告期间 （二）业绩预告情况 经财务部门初步测算，预计 2025 年年度实现归属于母公司所有者的净利润 -2,500 万元，与上年同期相比，将出现亏损。 预计 2025 年年度实现归属于母公司所有者的扣除非经常性损益后的净利润 -8,000 万元。 二、上年同期经营业绩和财务状况 （一）利润总额：-3,926.91 万元。归属于母公司所有者的净利润：632.27 万元。归属于母公司所有者的扣除非经常性损益的净利润：-2,615.5 ...

国家知识产权局信息显示，多伦科技股份有限公司、多伦信息技术有限公司取得一项名为"计算道路交 叉口进口方向饱和度的方法及电子设备"的专利，授权公告号CN116824857B，申请日期为2023年7月。 多伦信息技术有限公司，成立于2019年，位于南京市，是一家以从事软件和信息技术服务业为主的企 业。企业注册资本5000万人民币。通过天眼查大数据分析，多伦信息技术有限公司共对外投资了2家企 业，参与招投标项目14次，专利信息27条，此外企业还拥有行政许可12个。 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。 来源：市场资讯 天眼查资料显示，多伦科技股份有限公司，成立于1995年，位于南京市，是一家以从事研究和试验发展 为主的企业。企业注册资本70593.0131万人民币。通过天眼查大数据分析，多伦科技股份有限公司共对 外投资了20家企业，参与招投标项目2200次，财产线索方面有商标信息101条，专利信息442条，此外企 业还拥有行政许可26个。 ...