Core Viewpoint - The company, Dekoli (688205.SH), reported disappointing performance in the first half of 2025, with revenue growth but a significant decline in net profit, leading to concerns about its future prospects in the optical communication sector [1][2]. Financial Performance - In the first half of 2025, the company achieved revenue of 433 million yuan, a year-on-year increase of 5.93%, while the net profit attributable to shareholders was 28.09 million yuan, a year-on-year decrease of 48.2% [2][3]. - The company's operating cash flow was negative at -19.43 million yuan, a decline of 266.9% year-on-year [1]. Market Dynamics - The traditional telecom transmission market is experiencing structural slowdown, prompting the company to adjust product pricing, which has significantly narrowed profit margins in its telecom transmission business [2]. - The data communication market, particularly in DCI (Data Center Interconnect) and data center fields, is witnessing rapid growth driven by the explosion of AI computing power demand [2]. Product Development and Challenges - The company is in the early stages of its DCI business, with high-end optical modules like the 400G coherent module in small batch trial production and 1.6T ultra-high-speed modules under development [3]. - The company faces significant operational pressure due to ongoing investments in its headquarters and production base in Thailand, which have contributed to the notable decline in net profit [3]. Project Delays - The company announced delays in two core fundraising projects, which involve a total investment of 780 million yuan, with current fund usage rates at 29.01% and 35.79% respectively [3][4]. - The delay in the "High-speed Optical Module Product Line Expansion and Upgrade Project" is attributed to the rapid technological iteration in the optical communication industry, necessitating an update to production plans to align with market demand for 800G/1.6T high-speed optical modules [4]. - The delay in the "Optical Transmission Subsystem Platform R&D Project" is due to the complex construction requirements of the new R&D center, which exceeds standard office construction [4].

Group 1: Stock Performance - On August 28, optical communication concept stocks surged, with Changfei Fiber reaching the daily limit, and Tianfu Communication and Dekeli rising over 10% [1] - Changfei Fiber (601869.SS) closed at 82.95, up 10.00%, with a market cap of 33.706 billion [2] - Tianfu Communication (300394.SZ) closed at 169.99, up 13.32%, with a market cap of 131.887 billion [2] - Dekeli (688205.SS) closed at 113.50, up 12.37%, with a market cap of 17.965 billion [2] - Other notable stocks include Dongtianwei (301183.SZ) up 10.70% and Zhongji Xuchuang (300308.SZ) up 5.81% [2] Group 2: Industry Developments - Nvidia reported a significant increase in its network business, with an annualized revenue of approximately $29 billion, reflecting a 50% quarter-over-quarter growth and a 100% year-over-year growth [3] - The CFO of Nvidia projected that AI infrastructure spending could reach $3 trillion to $4 trillion by 2030, with potential H20 revenue of $2 billion to $5 billion in Q3 [3] - Nvidia introduced the new Spectrum-XGS Ethernet technology aimed at connecting multiple geographically dispersed data centers into a unified AI super factory [3] Group 3: Technological Advancements - Hollow-core fiber, which uses air as the guiding medium, can enhance data transmission speed by nearly 50% and extend transmission distance by 1.5 times without increasing latency [5] - The demand for optical fiber in data centers is accelerating due to AI-driven interconnect needs, with major companies like Microsoft investing in hollow-core fiber technology [5] - The global DCI market is expected to grow from $1 billion in 2023 to $3 billion by 2028, driven by the explosion of AI computing demand and energy constraints [5]

证券日报网讯 8月28日晚间，德科立发布公告称，2025年半年度公司实现营业收入433，355，281.64 元，同比增长5.93%；归属于上市公司股东的净利润为28，093，700.36元，同比下降48.17%。 （编辑 何成浩） ...

格隆汇8月28日丨德科立(688205.SH)公布半年度报告，报告期内，公司实现营业收入43,335.53万元，较 上年同期增长5.93%；实现归属于上市公司股东的净利润2,809.37万元，较上年同期下降48.17%，实现 归属上市公司股东的扣除非经常性损益的净利润1,911.15万元，较上年同期下降48.23%。剔除股份支付 费用影响后，实现归属于上市公司股东的净利润3,629.01万元。向全体股东每10股派发现金红利1.00 元。 ...

证券代码：688205 证券简称：德科立 公告编号：2025-039 无锡市德科立光电子技术股份有限公司 第二届董事会第十五次会议决议公告 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。 一、董事会会议召开情况 无锡市德科立光电子技术股份有限公司（以下简称"公司"）第二届董事会 第十五次会议于 2025 年 8 月 28 日在公司会议室召开。本次会议的通知于 2025 年 8 月 18 日通过书面及电话等方式送达全体董事。本次会议应参加董事 9 名， 实际参加董事 9 名，会议由董事长桂桑先生主持，本次会议的召集、召开方式符 合《公司法》等法律、行政法规、部门规章、规范性文件和《公司章程》的规定。 二、董事会会议审议情况 （一）审议通过《关于 2025 年半年度报告及摘要的议案》 （三）审议通过《关于 2025 年半年度募集资金存放与实际使用情况的专项 报告的议案》 具体内容详见公司同日在上海证券交易所网站（www.sse.com.cn）披露的《无 锡市德科立光电子技术股份有限公司关于 2025 年半年度募集资金存放与实 ...

证券代码：688205 证券简称：德科立 公告编号：2025-040 每股分配比例：A 股每 10 股派发现金红利 1.00 元（含税），不进行 资本公积转增股本，不送红股。 本次利润分配以实施权益分派股权登记日登记的总股本为基数，具体 日期将在权益分派实施公告中明确。 在实施权益分派的股权登记日前公司总股本发生变动的，拟维持分配 总额不变，相应调整每股分配比例，并将另行公告具体调整情况。 一、利润分配方案内容 根据公司 2025 年半年度报告（未经审计），2025 年半年度公司合并报表归 属于母公司股东的净利润为 28,093,700.36 元，截至 2025 年 6 月 30 日，公司母 公司报表中期末未分配利润为 284,079,409.62 元。经董事会决议，公司 2025 年 半年度利润分配方案如下： 公司拟以实施权益分派股权登记日的总股本为基数，向全体股东每 10 股派 发现金红利 1.00 元（含税），截至 2025 年 6 月 30 日，公司总股本为 158,285,329 股，以此计算合计拟派发现金红利人民币 15,828,532.90 元（含税）。本次不送 红股，不进行资本公积转增。 如在 ...

ള⌦⎭䙐䇷㛗Գᴿ䲆ޢਮ ީӄᰖ䭗ᐸᗭ〇ݿ⭫ᆆᢶᵥ㛗Գᴿ䲆ޢਮ ֵ⭞㠠ᴿ䍺䠇ㅿᯯᕅ᭥Ԏकᣋ亯ⴤ䜞࠼ⅴ亯㔣ԛक䳼䍺 䠇ㅿ仓㖤ᦘⲺṮḛᝅ㿷 ഭ⌠⎧䙊䇱ࡨ㛑ԭᴹ䲀ޜਨ˄ԕлㆰ〠Ā؍㦀Ӫā˅Ѫᰐ䭑ᐲᗧ、・ݹ⭥ ᆀᢰᵟ㛑ԭᴹ䲀ޜਨ˄ԕлㆰ〠Āᗧ、・āᡆĀޜਨā˅俆⅑ޜᔰਁ㹼㛑⾘ᒦ൘ 、ࡋᶯкᐲǃ2023 ᒤԕㆰ᱃〻ᒿੁ⢩ᇊሩ䊑ਁ㹼㛑⾘Ⲵ؍㦀Ӫˈṩᦞljк⎧䇱ࡨ Ӕ᱃ᡰ、ࡋᶯ㛑⾘кᐲ㿴ࡉNJljк⎧䇱ࡨӔ᱃ᡰ、ࡋᶯкᐲޜਨ㠚ᖻⴁ㇑ᤷᕅㅜ 1 ਧ——㿴㤳䘀NJljкᐲޜਨए䳶䍴䠁ⴁ㇑㿴ࡉNJㅹᴹޣ㿴ᇊˈቡᗧ、・֯⭘㠚 ᴹ䍴䠁ㅹᯩᔿ᭟Ԉएᣅ亩ⴞ䜘࠶Ⅾ亩ਾ㔝ԕए䳶䍴䠁ㅹ仍㖞ᦒһ亩䘋㹼ҶṨḕˈ Ṩḕᛵߥྲл˖ ߥᛵаǃए䳶䍴䠁สᵜ ṩᦞljᰐ䭑ᐲᗧ、・ݹ⭥ᆀᢰᵟ㛑ԭᴹ䲀ޜਨԕㆰ᱃〻ᒿੁ⢩ᇊሩ䊑ਁ㹼㛑 1 ⾘ए䳶䈤᰾ҖNJ৺ljᰐ䭑ᐲᗧ、・ݹ⭥ᆀᢰᵟ㛑ԭᴹ䲀ޜਨޣҾ 2025 ᒤॺᒤᓖ ए䳶䍴䠁ᆈ᭮оᇎ䱵֯⭘ᛵߥⲴу亩ᣕNJᣛ䵢Ⲵए䳶䍴䠁֯⭘䇑ࡂ઼֯ᛵ⭘ߥˈ ᡚ㠣 2025 ᒤ 6 ᴸ 30 ᰕˈޜਨԕㆰ᱃〻ᒿੁ⢩ᇊሩ䊑ਁ㹼㛑⾘ए䳶䍴䠁֯⭘ᛵߥ ྲл˖ অս˖зݳ | ᒿਧ | | 亩ⴞ਽〠 | 䇑ࡂᣅ䍴ᙫ仍 | ᐢ֯⭘ए䳶䍴 | ...

ള⌦⎭䙐䇷㛗Գᴿ䲆ޢਮ ީӄᰖ䭗ᐸᗭ〇ݿ⭫ᆆᢶᵥ㛗Գᴿ䲆ޢਮ ໔ࣖ 2025 ᒪᓜᰛᑮީ㚊Ӛ᱉人䇗仓ᓜⲺṮḛᝅ㿷 ഭ⌠⎧䙊䇱ࡨ㛑ԭᴹ䲀ޜਨ˄ԕлㆰ〠Ā؍㦀Ӫā˅Ѫᰐ䭑ᐲᗧ、・ݹ⭥ ᆀᢰᵟ㛑ԭᴹ䲀ޜਨ˄ԕлㆰ〠Āᗧ、・āᡆĀޜਨā˅俆⅑ޜᔰਁ㹼㛑⾘ᒦ൘ 、ࡋᶯкᐲǃ2023 ᒤԕㆰ᱃〻ᒿੁ⢩ᇊሩ䊑ਁ㹼㛑⾘Ⲵ؍㦀Ӫˈṩᦞlj䇱ࡨਁ㹼 кᐲ؍㦀ъ࣑⨶㇑࣎⌅NJljк⎧䇱ࡨӔ᱃ᡰ、ࡋᶯ㛑⾘кᐲ㿴ࡉNJljк⎧䇱ࡨӔ᱃ ᡰ、ࡋᶯкᐲޜਨ㠚ᖻⴁ㇑ᤷᕅㅜ 1 ਧüü㿴㤳䘀NJㅹޣ⌅ᖻǃ⌅㿴઼㿴㤳 ᙗ᮷ԦⲴ㿴ᇊˈሩᗧ、・໎࣐ 2025 ᒤᓖᰕᑨޣ㚄Ӕ᱃亴䇑仍ᓖһ亩䘋㹼Ҷу亩 ṨḕˈṨḕᛵߥо㿱ྲл˖ ߥᛵ㚄Ӕ᱃สᵜޣаǃᰕᑨ ˄а˅ᰕᑨޣ㚄Ӕ᱃ን㹼Ⲵᇑ䇞〻ᒿ ޜਨҾ 2025 ᒤ 4 ᴸ 24 ᰕਜᔰҶㅜҼቺ㪓һՊㅜॱа⅑Պ䇞઼ㅜҼቺⴁһ Պㅜॱа⅑Պ䇞ˈᇑ䇞䙊䗷ҶljޣҾ亴䇑ޜਨ 2025 ᒤᓖᰕᑨޣ㚄Ӕ᱃Ⲵ䇞ṸNJˈ ᵜ⅑亴䇑 2025 ᒤᓖᰕᑨޣ㚄Ӕ᱃䠁仍н䎵䗷 11,250.00 зݳˈࠪᑝՊ䇞Ⲵ䶎ޣ㚄 㪓һǃⴁһа㠤ᇑ䇞䙊䗷Ҷ↔䇞ṸDŽޜਨҾ 2025 ᒤ 5 ᴸ 15 ᰕਜᔰⲴ 2024 ᒤᒤ ᓖ㛑ьՊᇑ䇞䙊䗷Ҷ ...

ള⌦⎭䙐䇷㛗Գᴿ䲆ޢਮ ީӄᰖ䭗ᐸᗭ〇ݿ⭫ᆆᢶᵥ㛗Գᴿ䲆ޢਮ 俌⅗ޢᔶਇ㺂䜞࠼कᣋ亯ⴤᔬᵕⲺṮḛᝅ㿷 ഭ⌠⎧䙊䇱ࡨ㛑ԭᴹ䲀ޜਨ˄ԕлㆰ〠Āഭ⌠⎧䙊āᡆĀ؍㦀Ӫā˅Ѫᰐ 䭑ᐲᗧ、・ݹ⭥ᆀᢰᵟ㛑ԭᴹ䲀ޜਨ˄ԕлㆰ〠Āᗧ、・āǃĀޜਨāᡆĀਁ㹼Ӫā˅ 俆⅑ޜᔰਁ㹼㛑⾘ᒦ൘、ࡋᶯкᐲⲴ؍㦀Ӫˈṩᦞljк⎧䇱ࡨӔ᱃ᡰ、ࡋᶯ㛑⾘ кᐲ㿴ࡉNJljк⎧䇱ࡨӔ᱃ᡰ、ࡋᶯкᐲޜਨ㠚ᖻⴁ㇑ᤷᕅㅜ 1 ਧ——㿴㤳䘀NJ ljкᐲޜਨए䳶䍴䠁ⴁ㇑㿴ࡉNJㅹᴹޣ㿴ᇊˈቡᗧ、・俆⅑ޜᔰਁ㹼䜘࠶एᣅ亩 ⴞᔦᵏһ亩䘋㹼ҶṨḕˈṨḕᛵߥྲл˖ ߥᛵаǃए䳶䍴䠁สᵜ ṩᦞѝഭ䇱ࡨⴁⶓ㇑⨶ငઈՊ 2022 ᒤ 6 ᴸ 13 ᰕࠪާⲴljޣҾ਼ᰐ䭑ᐲᗧ 、・ݹ⭥ᆀᢰᵟ㛑ԭᴹ䲀ޜਨ俆⅑ޜᔰਁ㹼㛑⾘⌘Ⲵᢩ༽NJ˄䇱ⴁ䇨ਟǒ2022Ǔ 1231 ਧ˅ˈޜਨ俆⅑ੁ⽮Պޜᔰਁ㹼Ӫ≁ᐱᲞ䙊㛑˄A˅㛑 24,320,000 㛑ˈ⇿㛑 ਁ㹼ԧṬѪ 48.51 ݳˈए䳶䍴䠁ᙫ仍Ѫ 1,179,763,200.00 ݳˈᢓ䲔ᙫਁ㹼䍩⭘ 85,409,219.18 ݳˈᇎ䱵ए䳶䍴䠁߰仍Ѫ 1,094,353,980.82 ݳDŽк䘠ए䳶䍴䠁ࡠս ᛵߥ㓿䗷ޜ䇱ཙъՊ䇑ᐸһ ...

无锡市德科立光电子技术股份有限公司 内部审计制度 第一章 总则 第一条 为规范无锡市德科立光电子技术股份有限公司（以下简称"公司"） 的内部审计工作，提高内部审计工作质量，维护公司和全体股东的合法权益，根 据《中华人民共和国审计法》《审计署关于内部审计工作的规定》《上海证券交易 所科创板上市公司自律监管指引第 1 号——规范运作》等法律、法规、规范性文 件和《无锡市德科立光电子技术股份有限公司章程》（以下简称"《公司章程》"） 的相关规定，制定本制度。 第二条 本制度所称内部审计是一种独立、客观的鉴证和咨询活动，通过运 用系统、规范的方法，审查和评价组织的业务活动、内部控制和风险管理的适当 性和有效性，以促进公司完善治理、增加价值和实现目标。 第三条 本制度所称内部控制，是由公司董事会、管理层和全体员工实施的、 旨在实现控制目标的过程。内部控制的目标是合理保证公司经营管理合法合规、 资产安全、财务报告及相关信息真实完整，提高经营效率和效果，促进企业实现 发展战略。 第四条 本制度适用于公司各内部机构、控股子公司以及具有重大影响的参 股公司。 第二章 审计机构和审计人员 第五条 公司设审计部，对公司业务活动、风 ...