深圳市鼎阳科技股份有限公司 2025 年年度报告 公司代码：688112 公司简称：鼎阳科技 深圳市鼎阳科技股份有限公司 2025 年年度报告 1 / 216 深圳市鼎阳科技股份有限公司 2025 年年度报告 重要提示 一、本公司董事会及董事、高级管理人员保证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、公司上市时未盈利且尚未实现盈利 □是 √否 三、重大风险提示 公司已在本报告中详细阐述公司在经营过程中可能面临的各种风险，敬请查阅本报告第三节 "管理层讨论与分析"第四点之风险因素。 四、公司全体董事出席董事会会议。 五、 致同会计师事务所（特殊普通合伙）为本公司出具了标准无保留意见的审计报告。 六、公司负责人秦轲、主管会计工作负责人刘厚军及会计机构负责人（会计主管人员）连肇华 声明：保证年度报告中财务报告的真实、准确、完整。 七、 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 公司拟向全体股东每10股派发现金红利6.60元（含税）。截至2025年12月31日，公司总股本 159,596,883股，以此计算合计拟派发现金红利105, ...

关于自愿披露公司发布新产品的公告 证券代码：688112 证券简称：鼎阳科技 公告编号：2026-004 深圳市鼎阳科技股份有限公司 本次发布的两款新产品，体现了公司的技术创新能力和产品开发能力，进 一步丰富了公司的产品矩阵和产品形态，拓宽了公司产品的应用场景和使用范 围。 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。 重要内容提示： 一、新产品基本情况 SDM4075A-DV 七位半高精度数字电压表聚焦直流电压测量功能，简化操 作流程，提升产线测试效率，可精准捕捉微弱的电压信号，最大限度降低测量 回路对被测电路的影响，可适用精密半导体器件测试、电源与电力电子设备性 能验证、工业长期在线监测等对电压测量有高要求的应用场景。 2026 年 3 月 17 日，深圳市鼎阳科技股份有限公司（以下简称"鼎阳科 技"、"公司"）全新发布七位半高精度数字电压表 SDM4075A-DV 以及 具备背面板输入功能的六位半数字万用表 SDM4065A-RE。两款产品均 针对细分测试场景进行深度功能优化，覆盖高端科研、精密工业制造、 半导体 ...

Investment Rating - The report suggests a focus on investment opportunities in the mechanical equipment industry, particularly in areas of domestic substitution and AI integration [4]. Core Insights - The "14th Five-Year Plan" emphasizes technological self-reliance and the autonomy of industrial chains, with a focus on key sectors such as integrated circuits, industrial mother machines, high-end instruments, and advanced materials [6]. - The report identifies significant growth potential in the domestic production of industrial mother machines and scientific instruments, driven by increased policy support and funding [6][19]. - AI integration into mechanical equipment is highlighted as a major trend, with the industry expected to benefit from AI-driven infrastructure investments [32]. - The report notes the ongoing trend of Chinese engineering machinery companies expanding overseas, transitioning from product exports to capacity exports [4][37]. Summary by Sections 1. Breakthrough in "Choke Point" Areas: Industrial Mother Machines and Scientific Instruments - The report indicates that the domestic substitution process for industrial mother machines and scientific instruments will accelerate, supported by government policies [6]. - The high-end machine tool market remains heavily reliant on imports, with opportunities for domestic manufacturers to increase their market share [7][18]. - The scientific instruments sector is characterized by a high import dependency, with over 70% of instruments imported, indicating a strong potential for domestic manufacturers to fill this gap [22][26]. 2. Deep Integration of AI and Mechanical Equipment - The report highlights that the mechanical equipment industry will benefit from AI-driven infrastructure investments, with significant capital expenditure expected from major cloud service providers [32]. - AI applications, particularly in embodied intelligence, are identified as having substantial growth potential, with various industrial and consumer applications anticipated [38]. 3. Engineering Machinery's Global Expansion - The report notes that the engineering machinery sector is transitioning from product exports to capacity exports, with a focus on high-quality international cooperation [4]. - The export value of China's engineering machinery is projected to reach $60.17 billion by 2025, reflecting a compound annual growth rate (CAGR) of 23% during the "14th Five-Year Plan" period [4]. 4. Investment Recommendations - The report recommends focusing on sectors where domestic substitution is expected to continue, such as industrial mother machines and scientific instruments [4]. - It also suggests monitoring the integration of AI with mechanical equipment and the engineering machinery sector's international expansion [4].

深圳市鼎阳科技股份有限公司 关于变更签字会计师的公告 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。 深圳市鼎阳科技股份有限公司（以下简称"公司"）分别于 2025 年 4 月 23 日、2025 年 5 月 22 日召开了第二届董事会第十八次会议、2024 年年度股东大会， 审议通过了《关于续聘 2025 年度审计机构的议案》，同意续聘致同会计师事务 所（特殊普通合伙）为公司 2025 年度审计机构，具体内容详见公司于 2025 年 4 月 24 日在上海证券交易所网站（www.sse.com.cn）披露的《关于续聘 2025 年度 审计机构的公告》（公告编号：2025-012）。 近日，公司收到致同会计师事务所（特殊普通合伙）出具的《关于变更签字 注册会计师的函》，现将具体情况公告如下: 一、本次签字会计师变更的基本情况 致同会计师事务所作为公司聘任的 2025 年度财务报告审计机构与内部控制 审计机构，原委派邓金超先生、杨华先生为签字注册会计师。鉴于邓金超先生因 工作调整原因，不再担任公司 2025 年度审计业务签 ...

Core Viewpoint - Dingyang Technology (688112.SH) reported a significant increase in its 2025 annual performance, driven by its high-end development strategy and growth in its main business of general electronic testing and measurement instruments [1] Financial Performance - The company achieved an operating revenue of 602 million yuan, representing a year-on-year increase of 21.03% [1] - The net profit attributable to the parent company reached 143 million yuan, marking a year-on-year increase of 27.45% [1] - The net profit attributable to the parent company after deducting non-recurring gains and losses was 139 million yuan, reflecting a year-on-year increase of 26.60% [1]

Core Viewpoint - Dingyang Technology (688112.SH) reported a significant increase in its 2025 annual performance, driven by its high-end development strategy and growth in its main business of general electronic testing and measurement instruments [1] Financial Performance - The company achieved an operating revenue of 602 million yuan, representing a year-on-year increase of 21.03% [1] - The net profit attributable to the parent company reached 143 million yuan, marking a year-on-year increase of 27.45% [1] - The net profit attributable to the parent company after deducting non-recurring gains and losses was 139 million yuan, reflecting a year-on-year increase of 26.60% [1]

Group 1 - The company Dingyang Technology announced that it expects to achieve operating revenue of 602,016,978.95 yuan in 2025, representing a year-on-year growth of 21.03% [2] - The net profit attributable to shareholders of the listed company is projected to be 142,881,278.27 yuan, reflecting a year-on-year increase of 27.45% [2]

Core Viewpoint - Dingyang Technology (688112.SH) reported a significant increase in revenue and net profit for the fiscal year 2025, driven by its high-end development strategy and growth in its main business of general electronic testing and measurement instruments [1] Financial Performance - The company achieved an operating revenue of 602 million yuan, representing a year-on-year increase of 21.03% [1] - The net profit attributable to the parent company was 143 million yuan, reflecting a year-on-year increase of 27.45% [1] - The net profit attributable to the parent company after deducting non-recurring gains and losses was 139 million yuan, which is a year-on-year increase of 26.60% [1] Strategic Development - The company continues to focus on independent research and development, investing heavily in technology innovation to enhance its product matrix and optimize product performance [1] - In 2025, the company launched 15 new products, showcasing its capabilities in technological innovation, market responsiveness, and product development [1] - The high-end development strategy has significantly contributed to the growth of the company's main business revenue, establishing a solid foundation for future growth [1]

Financial Performance - In 2025, the company achieved total operating revenue of RMB 602.02 million, an increase of 21.03% compared to the previous year[3] - The net profit attributable to the parent company was RMB 142.88 million, reflecting a year-on-year increase of 27.45%[5] - The net profit attributable to the parent company after deducting non-recurring gains and losses was RMB 139.30 million, a 26.60% increase year-on-year[5] - Basic earnings per share rose to RMB 0.90, marking an increase of 28.57% compared to the previous year[3] - The weighted average return on equity increased by 1.88 percentage points to 9.12%[3] Asset and Equity Growth - Total assets at the end of the reporting period reached RMB 1,761.39 million, up 5.02% from the beginning of the period[6] - The company's equity attributable to the parent company increased to RMB 1,604.70 million, a rise of 4.66% from the start of the period[6] Product Development and Innovation - The company launched 15 new products in 2025, demonstrating its commitment to technological innovation and market responsiveness[7] - The company emphasizes independent research and development, with a focus on enhancing product performance and expanding product categories[7] Strategic Focus - The company's high-end development strategy has significantly contributed to revenue growth, particularly in the general electronic testing and measurement instruments segment[5]

Core Viewpoint - Dingyang Technology (688112.SH) reported a significant increase in revenue and net profit for the fiscal year 2025, driven by its high-end development strategy and growth in its main business of general electronic testing and measurement instruments [1] Financial Performance - The company achieved an operating income of 602 million yuan, representing a year-on-year increase of 21.03% [1] - The net profit attributable to the parent company was 143 million yuan, reflecting a year-on-year increase of 27.45% [1] - The net profit attributable to the parent company after deducting non-recurring gains and losses was 139 million yuan, which is a year-on-year increase of 26.60% [1] Strategic Development - The company continues to focus on independent research and development, investing heavily in R&D to enhance its product matrix and optimize product performance [1] - In 2025, the company launched 15 new products, showcasing its capabilities in technological innovation, market responsiveness, and product development [1] - The high-end development strategy has significantly contributed to the growth of the company's main business revenue [1]