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【私募调研记录】彤源投资调研汉钟精机、中科蓝讯等4只个股(附名单)
Zheng Quan Zhi Xing· 2025-05-01 00:09
Group 1: Hanbell Precise Machinery - The company expects a revenue of 3.674 billion yuan in 2024, a decrease of 4.62% year-on-year, and a net profit of 863 million yuan, down 0.28% [1] - In Q1 2025, revenue is projected to be 606 million yuan, a decline of 19.09%, with a net profit of 118 million yuan, down 19.58% [1] - The main business includes compressors and vacuum pumps, with applications in various fields such as commercial air conditioning and food cold chain [1] Group 2: Zhongke Lanyun - In Q1 2025, net profit decreased by 18.21% due to a 53.59% increase in R&D investment [2] - The company is expanding its product lines to ten categories, including Bluetooth headset chips and smart speaker chips [2] - The impact of U.S. tariff policies on the company's overall business is minimal [2] Group 3: Jinhaitong - In Q1 2025, the company achieved a revenue of 129 million yuan, a year-on-year increase of 45.21%, and a net profit of 25.66 million yuan, up 72.29% [3] - The growth is attributed to the recovery in demand for semiconductor packaging and testing equipment [3] - The company plans to enhance operational efficiency and focus on testing machines with more applications [3] Group 4: Huaxiang Co., Ltd. - In 2024, the company reported a core business sales volume of 451,000 tons, a year-on-year increase of 23.7%, and an overall revenue of 3.83 billion yuan, up 17.3% [4] - The net profit margin was 11.8%, with a net profit of 470 million yuan, an increase of 20.9% [4] - In Q1 2025, revenue continued to grow to 980 million yuan, a 3.5% increase, with a net profit margin of 13.2% [4]
中科蓝讯:出口美国占比低,关税政策调整影响有限
Ju Chao Zi Xun· 2025-04-30 10:46
Core Viewpoint - The company has a low dependency on the U.S. market, and the recent tariff adjustments by the U.S. government will have minimal impact on its overall business [2] Group 1: Business Impact and Financial Performance - The company's net profit attributable to shareholders decreased by 18.21% year-on-year in Q1 2025, primarily due to a significant increase in R&D investment, which reached 45.7735 million yuan, a year-on-year increase of 53.59% [2] - Revenue in Q1 remained flat year-on-year, influenced by seasonal fluctuations and external factors, with the consumer electronics peak season concentrated in Q3 and Q4 each year [2] - The company anticipates record-high revenue in Q4 2024, but Q1 2025 saw a decline in shipment volume due to seasonal factors such as the Spring Festival and Ramadan [2] Group 2: Product Development and Market Strategy - The company plans to expand its product line from eight categories to ten, adding video chips and Wi-Fi chips, focusing on AI headphones and smart glasses [3] - The Xunlong series chips utilize a multi-core architecture and support cloud-based large model connections, with the BT896X series already applied in Baidu's AI tablet robot [3] - The BT895X chip collaborates with Huoshan Engine to adapt to Doubao's large model, enabling real-time translation and meeting minutes, and is featured in FIIL's open AI headphones [3]
中科蓝讯Q1营收3.67亿元,净利润同比下滑18.21%
Ju Chao Zi Xun· 2025-04-30 10:24
Core Viewpoint - The company reported a slight increase in revenue but a significant decline in net profit for the first quarter, indicating potential challenges in profitability despite revenue growth [1][2]. Financial Performance - The company achieved operating revenue of 367.30 million yuan, a year-on-year increase of 1.2% [2]. - The net profit attributable to shareholders was 44.89 million yuan, down 18.21% compared to the previous year [2]. - The net profit after deducting non-recurring gains and losses was 36.67 million yuan, reflecting a decrease of 19.93% year-on-year [2]. - The net cash flow from operating activities was negative at -11.57 million yuan, a significant decline from a positive 10.65 million yuan in the same period last year [2]. - Basic and diluted earnings per share were both 0.37 yuan, down 19.57% from 0.46 yuan [2]. - The weighted average return on equity decreased to 1.11%, down 0.33 percentage points from the previous year [2]. Research and Development - The company increased its R&D investment to 45.77 million yuan, a 53.59% increase year-on-year [2]. - R&D expenditure accounted for 12.46% of operating revenue, up 4.25 percentage points from the previous year [2]. - The company has launched several new chip series, including the BT897X series, which features advanced capabilities for AI applications and improved power efficiency [2]. Strategic Outlook - The company aims to enhance its market competitiveness by diversifying its chip products to meet varying brand needs from entry-level to mid-to-high-end products [3]. - The strategic focus includes "AI empowerment, technological leadership, product diversification, and global market expansion" [3]. - The company plans to expand its product lines from eight to ten, including Bluetooth earphone chips, smart wearable device chips, and video chips [3]. - The company is committed to strengthening its domestic market presence while accelerating its overseas market expansion [3].
中科蓝讯(688332) - 2024年年度股东大会决议公告
2025-04-29 17:22
证券代码:688332 证券简称:中科蓝讯 公告编号:2025-018 深圳市中科蓝讯科技股份有限公司 本次股东大会由公司董事会召集,由董事长黄志强先生主持会议,会议采取 现场投票和网络投票相结合的方式进行表决。会议的召集、召开程序和表决方式 符合《公司法》和《公司章程》的规定。 2024年年度股东大会决议公告 本公司董事会及全体董事保证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、准确性和完整性依法承担法律责任。 重要内容提示: 本次会议是否有被否决议案:无 一、 会议召开和出席情况 (一) 股东大会召开的时间:2025 年 4 月 29 日 (二) 股东大会召开的地点:深圳市南山区侨香路 4068 号智慧广场 A 栋 1301-1 公司会议室 (三) 出席会议的普通股股东、特别表决权股东、恢复表决权的优先股股 东及其持有表决权数量的情况: | 1、出席会议的股东和代理人人数 | 105 | | --- | --- | | 普通股股东人数 | 105 | | 2、出席会议的股东所持有的表决权数量 | 62,772,215 | | 普通股股东所持有表决权数量 | 62,772,21 ...
中科蓝讯(688332) - 第二届监事会第十八次会议决议公告
2025-04-29 17:22
证券代码:688332 证券简称:中科蓝讯 公告编号:2025-016 深圳市中科蓝讯科技股份有限公司(以下简称"公司")第二届监事会第十 八次会议通知于 2025 年 4 月 24 日以电子邮件方式向全体监事发出,会议于 2025 年 4 月 29 日以通讯表决方式召开。本次会议由监事会主席徐志东先生主持,会 议应出席监事 3 名,实际出席监事 3 名,董事会秘书列席本次会议。本次会议的 召集、召开及表决程序符合《中华人民共和国公司法》和《深圳市中科蓝讯科技 股份有限公司章程》(以下简称"《公司章程》")等有关法律、行政法规、规范性 文件的规定,会议决议合法有效。 二、监事会会议审议情况 会议以 3 票同意,0 票反对,0 票弃权,审议通过了《关于公司<2025 年第 一季度报告>的议案》。 监事会认为:公司《2025 年第一季度报告》的编制和审议程序符合法律法 规和《公司章程》等相关规定,公允地反映了公司 2025 年第一季度的财务状况 和经营成果,在编制过程中,未发现公司参与 2025 年第一季度报告编制和审议 的人员有违反保密规定的行为。 监事会及全体监事保证公司《2025 年第一季度报告》披露的信息 ...
中科蓝讯(688332) - 第二届董事会第十八次会议决议公告
2025-04-29 17:21
证券代码:688332 证券简称:中科蓝讯 公告编号:2025-015 深圳市中科蓝讯科技股份有限公司 第二届董事会第十八次会议决议公告 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法律责任。 一、董事会会议召开情况 深圳市中科蓝讯科技股份有限公司(以下简称"公司")第二届董事会第十八次会 议通知于 2025 年 4 月 24 日以电子邮件方式向全体董事、监事及高级管理人员发出, 会议于 2025 年 4 月 29 日以通讯方式召开。本次会议由董事长黄志强先生主持,会议 应出席董事 5 名,实际出席董事 5 名,公司监事和高级管理人员列席本次会议。本次 会议的召集、召开及表决程序符合《中华人民共和国公司法》(以下简称"《公司法》") 和《深圳市中科蓝讯科技股份有限公司章程》(以下简称"《公司章程》")等有关法律、 行政法规、规范性文件的规定,会议决议合法有效。 二、董事会会议审议情况 会议以 5 票同意,0 票反对,0 票弃权,审议通过了《关于公司<2025 年第一季度 报告>的议案》。 经审议,董事会认为公司根据《公司法》《中华人民 ...
中科蓝讯(688332) - 关于召开2025年第一季度业绩说明会的公告
2025-04-29 16:51
AB HAR 中科蓝讯 (688332) 2025年第一季度业绩说明会 形式:网络文字互动 会议时间 2025年5月12日 (周一) 15:00-16:00 出席嘉宾 识别小程序码 黄志强 董事长 刘助展 董事兼总经理 张任兵 副总经理兼董事会秘书 李 斌 财务总监 张潇颖 独立董事 证券代码:688332 证券简称:中科蓝讯 公告编号:2025-017 深圳市中科蓝讯科技股份有限公司 关于召开 2025 年第一季度业绩说明会的公告 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法律责任。 重要内容提示: 会 议 问 题 征 集 : 投 资 者 可 于 2025 年 5 月 12 日 前 访 问 网 址 https://eseb.cn/1nOCDmLu6Vq 或使用微信扫描下方小程序码进行会前提问,公司 将通过本次业绩说明会,在信息披露允许范围内就投资者普遍关注的问题进行回 答。 一、说明会类型 深圳市中科蓝讯科技股份有限公司(以下简称"公司")已于 2025 年 4 月 30 日在上海证券交易所网站(www.sse.com.cn)披露 ...
中科蓝讯(688332) - 2025 Q1 - 季度财报
2025-04-29 16:50
Financial Performance - The company's operating revenue for Q1 2025 was CNY 367.30 million, a 1.20% increase compared to CNY 362.94 million in the same period last year[8]. - Net profit attributable to shareholders decreased by 18.21% to CNY 44.89 million from CNY 54.89 million year-on-year[8]. - Total operating revenue for Q1 2025 was CNY 367,302,485.85, a slight increase from CNY 362,943,937.70 in Q1 2024, representing a growth of approximately 0.99%[30]. - Net profit for Q1 2025 was CNY 44,790,585.69, down from CNY 54,860,753.26 in Q1 2024, reflecting a decrease of approximately 18.38%[31]. - The company’s total comprehensive income for Q1 2025 was CNY 44,790,585.69, compared to CNY 54,860,753.26 in Q1 2024, indicating a decline of approximately 18.38%[32]. - Basic and diluted earnings per share for Q1 2025 were both CNY 0.37, compared to CNY 0.46 in Q1 2024, showing a decline of about 19.57%[32]. Research and Development - R&D investment totaled CNY 45.77 million, representing a 53.59% increase from CNY 29.80 million in the previous year, accounting for 12.46% of operating revenue[8]. - Research and development expenses increased significantly to CNY 45,773,489.73 in Q1 2025 from CNY 29,801,566.22 in Q1 2024, marking a rise of approximately 53.54%[30]. - The company launched several new chip series, including the BT897X and BT891X, which feature advanced audio capabilities and low power consumption, enhancing market competitiveness[10]. - The company plans to expand its product lines from eight to ten, including new categories such as AIoT chips and video chips, to enhance market presence[11]. Cash Flow and Investments - The net cash flow from operating activities was negative CNY 115.68 million, a significant decrease of 1,186.25% compared to a positive CNY 10.65 million in the same period last year[8][16]. - Cash inflow from investment activities in Q1 2025 was $1.01 billion, compared to $83.34 million in Q1 2024, indicating a substantial increase[37]. - The total cash and cash equivalents at the end of Q1 2025 amounted to $157.21 million, a decrease from $1.20 billion at the end of Q1 2024[37]. - Total cash outflow from investment activities in Q1 2025 was $1.04 billion, compared to $528.85 million in Q1 2024, reflecting increased investment expenditures[37]. - The cash flow from operating activities was impacted by a total cash outflow of $517.22 million in Q1 2025, compared to $398.22 million in Q1 2024[36]. Assets and Liabilities - Total assets increased by 1.99% to CNY 4.63 billion from CNY 4.54 billion at the end of the previous year[10]. - Total current assets as of March 31, 2025, amount to ¥4,149,380,196.01, a decrease from ¥4,223,067,522.18 as of December 31, 2024[24]. - Total liabilities as of the reporting date were CNY 579,640,630.96, compared to CNY 535,765,470.73 in the previous period, an increase of about 8.19%[27]. - Total equity increased to CNY 4,049,471,813.55 from CNY 4,002,827,348.04, reflecting a growth of approximately 1.16%[27]. - The company has a long-term equity investment of ¥50,500,000.00, unchanged from the previous period[25]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 14,987[18]. - The largest shareholder, Huang Zhiqiang, holds 31,643,214 shares, accounting for 26.30% of total shares[18]. - Zhuhai Zhongke Lanyun Technology Partnership holds 15,068,197 shares, representing 12.52% of total shares[18].
中科蓝讯:2025年第一季度净利润4489.02万元,同比下降18.21%
news flash· 2025-04-29 14:26
Group 1 - The core point of the article is that Zhongke Lanyun reported its Q1 2025 revenue and net profit figures, showing a slight revenue increase but a significant decline in net profit [1] Group 2 - The revenue for Q1 2025 was 367 million yuan, representing a year-on-year growth of 1.20% [1] - The net profit for the same period was 44.89 million yuan, which reflects a year-on-year decrease of 18.21% [1]