有投资者在互动平台向 孚能科技提问：2023年12月28日孚能科技全球首辆纳电车型正式下线。请问这 两年来，公司还有没有生产纳离子电池？供给哪些车型？孚能科技回复称， 钠离子电池是公司重点布 局的技术领域，公司钠离子电池产品已装车于江铃等相关车型，实现了全球首款钠电车型的交付，公司 未来将进一步推动第二代钠离子电池的产业化。 ...

格隆汇2月5日｜有投资者在互动平台向孚能科技提问：2023年12月28日孚能科技全球首辆纳电车型正式 下线。请问这两年来，公司还有没有生产纳离子电池？供给哪些车型？孚能科技回复称，钠离子电池是 公司重点布局的技术领域，公司钠离子电池产品已装车于江铃等相关车型，实现了全球首款钠电车型的 交付，公司未来将进一步推动第二代钠离子电池的产业化。 ...

格隆汇2月5日丨孚能科技(688567.SH)在投资者互动平台表示，钠离子电池是公司重点布局的技术领 域，公司钠离子电池产品已装车于江铃等相关车型，实现了全球首款钠电车型的交付，公司未来将进一 步推动第二代钠离子电池的产业化。 ...

科创新能源ETF（588830）业绩比较基准为上证科创板新能源指数收益率，管理人为鹏华基金管理有限 公司，基金经理为闫冬，成立（2024-07-31）以来回报为73.85%，近一个月回报为18.90%。 声明：市场有风险，投资需谨慎。本文基于第三方数据库自动发布，不代表新浪财经观点，任何在本文 出现的信息均只作为参考，不构成个人投资建议。如有出入请以实际公告为准。如有疑问，请联系 biz@staff.sina.com.cn。 来源：新浪基金∞工作室 2月5日，科创新能源ETF（588830）开盘跌3.04%，报1.689元。科创新能源ETF（588830）重仓股方 面，晶科能源开盘跌7.14%，阿特斯跌2.76%，天合光能跌4.03%，容百科技涨0.10%，大全能源跌 1.90%，厦钨新能跌1.02%，嘉元科技跌1.24%，天奈科技跌0.54%，孚能科技跌0.90%，固德威跌 1.75%。 ...

Performance Highlights - New Yi Sheng (300502.SZ) expects net profit between 9.4 billion and 9.9 billion CNY, a year-on-year increase of 231.24% to 248.86% due to rising demand for high-speed optical modules driven by global computing power investments[4] - Han's Chip (688256.SH) anticipates net profit between 1.85 billion and 2.15 billion CNY, turning from a loss of 450 million CNY last year, benefiting from the growing demand for AI computing power[5] - Zhongji Xuchuang (300308.SZ) projects net profit between 9.8 billion and 11.8 billion CNY, a year-on-year growth of 89.50% to 128.17%, driven by strong customer investment in computing infrastructure[6] - Runze Technology (300442.SZ) expects net profit between 5 billion and 5.3 billion CNY, a year-on-year increase of 179.28% to 196.03%, largely due to non-recurring gains from public REITs issuance[10] Underperformance Highlights - Great Wall Motors (601633.SH) forecasts net profit of 9.912 billion CNY, a year-on-year decline of 21.71% due to increased marketing expenses and competitive pressures[36] - GAC Group (601238.SH) expects a net loss between 8 billion and 9 billion CNY, turning from a profit of 824 million CNY last year, impacted by fierce competition and increased asset impairment provisions[39] - Xiexin Integrated (002506.SZ) anticipates a net loss between 890 million and 1.29 billion CNY, shifting from a profit of 68 million CNY last year due to structural supply-demand issues in the photovoltaic industry[41] - Baile Tianheng (688506.SH) projects a net loss of around 1.1 billion CNY, down from a profit of 3.708 billion CNY last year, primarily due to increased R&D expenses[42] Industry Trends - Technology-driven sectors like AI and innovative pharmaceuticals are leading growth, with companies like New Yi Sheng and Han's Chip benefiting from strong demand and technological advancements[69] - Cost control is becoming a critical competitive advantage, particularly in the energy and manufacturing sectors, as seen with companies like Datang Power (601991.SH) benefiting from lower coal prices[70] - Traditional cyclical industries such as real estate and agriculture are facing significant downward pressure, with companies like Vanke (000002.SZ) and Tianbang Foods (002124.SZ) experiencing substantial losses due to market adjustments[72]

Core Viewpoint - The article highlights the performance forecast of various A-share listed companies, indicating a significant divergence in earnings growth across different sectors, driven by technological advancements, cost control, and industry cycles [4][62]. Group 1: Companies with Strong Earnings Growth - **New Yisheng (300502.SZ)**: Expected net profit of 9.4 billion to 9.9 billion, a year-on-year increase of 231.24% to 248.86%, driven by rising demand for high-speed optical modules due to global computing power investments [6]. - **Han's Laser (688256.SH)**: Expected net profit of 1.85 billion to 2.15 billion, turning from a loss of 0.452 billion in the previous year, benefiting from the increasing demand for AI computing power [8]. - **Zhongji Xuchuang (300308.SZ)**: Expected net profit of 9.8 billion to 11.8 billion, a year-on-year increase of 89.50% to 128.17%, supported by strong investment in computing infrastructure [10]. - **Runze Technology (300442.SZ)**: Expected net profit of 5 billion to 5.3 billion, a year-on-year increase of 179.28% to 196.03%, primarily due to non-recurring gains from public REITs issuance [12]. - **CITIC Securities (601995.SH)**: Expected net profit of 8.542 billion to 10.535 billion, a year-on-year increase of 50% to 85%, driven by steady growth in core business segments [15]. Group 2: Companies with Earnings Below Expectations - **Great Wall Motors (601633.SH)**: Expected net profit of 9.912 billion, a year-on-year decrease of 21.71%, impacted by increased marketing expenses and intense competition [34]. - **GAC Group (601238.SH)**: Expected net profit of -8 billion to -9 billion, turning from a profit of 0.824 billion in the previous year, due to fierce competition and adjustments in product structure [36]. - **GCL-Poly Energy (002506.SZ)**: Expected net profit of -0.89 billion to -1.29 billion, turning from a profit of 0.068 billion, affected by structural supply-demand issues in the photovoltaic industry [38]. - **Boli Tianheng (688506.SH)**: Expected net profit of -1.1 billion, turning from a profit of 3.708 billion, due to increased R&D expenses [39]. - **Daiyue City (000031.SZ)**: Expected net profit of -2.7 billion to -2.1 billion, continuing losses from the previous year, influenced by asset impairment provisions [42]. Group 3: Industry Trends - **Technological Breakthroughs**: Industries driven by technology, such as AI and innovative pharmaceuticals, are showing strong growth, with companies like New Yisheng and Rongchang Bio leading the way [62][63]. - **Cost Control**: The energy and manufacturing sectors are experiencing a clear divide, with companies like Datang Power benefiting from lower coal prices and effective cost management [64]. - **Downward Pressure from Industry Cycles**: The real estate, agriculture, and photovoltaic sectors are under significant pressure, with companies like Vanke and Tianbang Food facing substantial earnings declines [65][66].

证券代码：688567 证券简称：孚能科技 公告编号：2026-003 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、准确性和完整性依法承担法律责任。 一、本期业绩预告情况 （一）业绩预告期间 2025年1月1日至2025年12月31日。 （二）业绩预告情况 （1）经孚能科技（赣州）股份有限公司（以下简称"公司"）财务部门初步测算，预计2025年度实现归 属于母公司所有者的净利润为-83,000万元到-58,000万元。 （2）预计归属于母公司所有者扣除非经常性损益后的净利润为-86,180万元到-61,180万元。 （三）本次业绩预告未经注册会计师审计。 二、上年同期业绩情况和财务状况 （一）2024年度，公司利润总额为-44,814.71万元；归属于母公司所有者的净利润为-33,205.94万元；归 属于母公司所有者的扣除非经常性损益的净利润为-36,613.77万元。 （二）2024年度，公司每股收益为-0.27元。 （二）公司本年度加大市场开拓力度，培育市场新客户，推动客户结构优化；同时客户结算模式调整、 部分产品更新换代，短期内对毛利有一定影响 ...

本期业绩变化的主要原因：(一)公司两个新生产基地"赣州年产30GWh新能源电池项目(一期)"和"广州年 产30GWh动力电池生产基地项目(一期)"目前尚处于产能爬坡阶段，固定折旧摊销费用大，产能利用 率、设备效率及良品率还处于稳步提升阶段。(二)公司本年度加大市场开拓力度，培育市场新客户，推 动客户结构优化;同时客户结算模式调整、部分产品更新换代，短期内对毛利有一定影响。(三)公司持续 拓展新产品、新技术，固态电池等研发投入增加。(四)国内出口退税率降低，叠加美国对华出口关税提 升，影响公司毛利率。(五)基于谨慎性原则，公司对部分存货及应收款项计提减值。 孚能科技(688567.SH)发布2025年年度业绩预告，预计2025年度实现归属于母公司所有者的净利润 为-83,000万元到-58,000万元。 ...

本期业绩变化的主要原因：(一)公司两个新生产基地"赣州年产30GWh新能源电池项目(一期)"和"广州年 产30GWh动力电池生产基地项目(一期)"目前尚处于产能爬坡阶段，固定折旧摊销费用大，产能利用 率、设备效率及良品率还处于稳步提升阶段。(二)公司本年度加大市场开拓力度，培育市场新客户，推 动客户结构优化;同时客户结算模式调整、部分产品更新换代，短期内对毛利有一定影响。(三)公司持续 拓展新产品、新技术，固态电池等研发投入增加。(四)国内出口退税率降低，叠加美国对华出口关税提 升，影响公司毛利率。(五)基于谨慎性原则，公司对部分存货及应收款项计提减值。 孚能科技(688567.SH)发布2025年年度业绩预告，预计2025年度实现归属于母公司所有者的净利润 为-83,000万元到-58,000万元。 ...

格隆汇1月30日丨孚能科技(688567.SH)公布，经公司财务部门初步测算，预计2025年度实现归属于母公 司所有者的净利润为-8.3亿元到-5.8亿元。预计归属于母公司所有者扣除非经常性损益后的净利润 为-8.62亿元到-6.12亿元。 本期业绩变化的主要原因：(一)公司两个新生产基地"赣州年产 30GWh 新能源电池项目(一期)"和"广州 年产 30GWh 动力电池生产基地项目(一期)"目前尚处于产能爬坡阶段，固定折旧摊销费用大，产能利用 率、设备效率及良品率还处于稳步提升阶段。(二)公司本年度加大市场开拓力度，培育市场新客户，推 动客户结构优化；同时客户结算模式调整、部分产品更新换代，短期内对毛利有一定影响。(三)公司持 续拓展新产品、新技术，固态电池等研发投入增加。(四)国内出口退税率降低，叠加美国对华出口关税 提升，影响公司毛利率。(五)基于谨慎性原则，公司对部分存货及应收款项计提减值。 ...