| 代码 | 名称 | 主力净流入(元) | 主力净占比 游资净流入 (元) | | 游资净占比 散户净流入(元) | | 散户净占比 | | --- | --- | --- | --- | --- | --- | --- | --- | | 600060 海信视像 | | 1029.54万 | 3.71% | -401.13万 | -1.44% | -628.40万 | -2.26% | | 688696 极米科技 | | 636.10万 | 2.67% | -1160.56万 | -4.87% | 524.46万 | 2.20% | | 301578 辰奕智能 | | -7.18万 | -0.17% | -132.80万 | -3.09% | 139.98万 | 3.26% | | 688609 九联科技 | | -484.67万 | -1.74% | 3012.93万 | 10.82% | -2528.26万 | -9.08% | | 002848 | *ST高斯 | -1153.17万 | -6.43% | 866.48万 | 4.83% | 286.69万 | 1.60% | | 002429 | ...

1.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将出现亏损，金额预计 为-22,700.00万元至-19,000.00万元。 2.预计2025年年度实现归属于母公司所有者扣除非经常性损益后的净利润-21,000.00万元至-17,700.00万 元。 证券代码：688609 证券简称：九联科技 公告编号：2026-003 广东九联科技股份有限公司2025年年度业绩预告 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 （三）公司本次业绩预告未经注册会计师审计。 二、上年同期业绩情况 （一）利润总额：-18,712.45万元。归属于母公司所有者的净利润：-14,182.61万元。归属于母公司所有 者的扣除非经常性损益的净利润：-12,536.91万元。 （二）每股收益：-0.2871元。 三、本期业绩预亏的主要原因 2025年度公司经营业绩亏损，主要原因为公司智能终端产品所处的国内运营商招投标市场 ...

格隆汇1月23日丨九联科技(688609.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 所有者的净利润将出现亏损，金额预计为-22,700.00万元至-19,000.00万元。预计2025年年度实现归属于 母公司所有者扣除非经常性损益后的净利润-21,000.00万元至-17,700.00万元。 2025年度公司经营业绩亏损，主要原因为公司智能终端产品所处的国内运营商招投标市场竞争较为激 烈，主要原材料采购单价上涨且供应不足，整体毛利率仍然偏低。此外，公司交付并验收的智慧城市等 项目收入相比去年减少，管理费用增加及股份支付增加。 ...

Financial Performance Expectations - The company expects a net loss attributable to shareholders of the parent company for 2025 to be between -227 million and -190 million yuan[4]. - The net profit attributable to shareholders after deducting non-recurring gains and losses is projected to be between -210 million and -177 million yuan[4]. - In the same period last year, the net profit attributable to shareholders was -141.83 million yuan, with a total profit of -187.12 million yuan[5]. Revenue Challenges - The decrease in revenue is attributed to intensified competition in the domestic bidding market for smart terminal products and rising raw material costs[6]. - The company has experienced a reduction in revenue from smart city projects compared to the previous year, alongside increased management and share-based payment expenses[6]. Audit and Investor Caution - The earnings forecast has not been audited by a registered accountant, and the figures are preliminary estimates[7]. - Investors are advised to be cautious as the final financial data will be disclosed in the audited annual report[8].

1月23日，九联科技涨5.02%，截至发稿，报10.26元/股，成交1.67亿元，换手率3.33%，总市值51.30亿 元。 资料显示，广东九联科技股份有限公司位于广东省惠州市惠澳大道惠南高新科技产业园惠泰路5号，成 立日期2001年11月7日，上市日期2021年3月23日，公司主营业务涉及家庭多媒体信息终端、智能家庭网 络通信设备、物联网通信模块及行业应用解决方案、智慧城市解决方案的研发、生产、销售与服务。主 营业务收入构成为：智能终端68.09%，通信模块及行业应用解决方案24.01%，运营服务5.86%，其他 2.03%。 从基金十大重仓股角度 截至发稿，夏高累计任职时间11年52天，现任基金资产总规模21.42亿元，任职期间最佳基金回报 258.47%， 任职期间最差基金回报-71.74%。 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，任何在本文出现的信息（包括但 不限于个股、评论、预测、图表、指标、理论、任何形式的表述等）均只作为参考，不构成个人投资建 议。受限于第三方数据库质量等问题，我们无法对数据的真实性及完整性进行分辨或核验，因此本文内 容可能出现不准确、不完整、误导性的内容 ...

Core Insights - The report provides an analysis of the global and Chinese optical module industry, highlighting the product layout of representative companies and a comparative analysis of segmented products. Group 1: Product Layout of Representative Companies - Major Chinese optical module companies have product lines covering transmission rates up to 800G and below, including 10G, 25G, 40G, 50G, 100G, 200G, 400G, and 800G modules [1]. - The table outlines the specific products offered by companies such as Guangxun Technology, Zhongji Xuchuang, and others across various transmission rates, indicating a comprehensive coverage in the optical module market [1]. Group 2: 10G Optical Module Market - The 10G optical module market is mature, primarily featuring XFP and SFP+ modules, with SFP+ being favored for its lower cost, smaller size, and strong compatibility [3]. - 10G data center solutions typically involve 10G switches paired with SFP+ modules and LC fiber jumpers, emphasizing the importance of matching switch rates with corresponding optical modules [3]. Group 3: 40G Optical Module Demand - The 40G optical module, particularly the QSFP+ type, is widely used due to its compact design and ability to meet high-density, high-speed market demands [6]. - Transitioning from 10G to 40G is driven by the need for increased bandwidth and throughput in data centers, with 40G solutions often involving 40G switches and QSFP+ modules [6]. Group 4: 100G Optical Module Applications - The 100G optical module is primarily utilized in cloud data centers and high-speed networks, with QSFP28 emerging as the mainstream packaging method [7]. - Significant technological advancements in 100G modules include digital coherent receiver technology and advanced error correction coding, catering to evolving user demands [7]. Group 5: 400G Optical Module Commercialization - The 400G optical module is set to become commercially viable in 2023, driven by the increasing demand from AI model training and 5G network construction [10]. - Major Chinese telecom operators are expected to deploy 400G modules extensively, with significant market share anticipated by 2024-2025 [10]. Group 6: 800G Optical Module Projections - The 800G optical module is projected to become mainstream by 2025, primarily driven by the needs of AI data centers for large-scale GPU cluster interconnections [13]. - Different types of 800G modules are categorized based on transmission distance, catering to various applications from data center interconnections to long-distance transmission [15]. Group 7: 1.6T Optical Module Development - The 1.6T optical module is expected to see commercial rollout in 2025, with gradual scaling from initial small batch shipments to larger production volumes by year-end [16]. - Key players like Nvidia and Zhongji Xuchuang are leading the early adoption and certification processes for 1.6T modules [18].

Market Overview - The black home appliance sector increased by 0.44% on January 19, with *ST Gauss leading the gains [1] - The Shanghai Composite Index closed at 4114.0, up 0.29%, while the Shenzhen Component Index closed at 14294.05, up 0.09% [1] Stock Performance - *ST Gauss (002848) closed at 11.93, up 5.02% with a trading volume of 67,800 shares and a turnover of 78.41 million yuan [1] - Non-Chi (002429) closed at 9.40, up 2.29% with a trading volume of 1.8684 million shares and a turnover of 1.717 billion yuan [1] - Other notable stocks include Tongzhou Electronics (002052) at 12.93, up 0.94%, and Hisense Visual (600060) at 23.61, up 0.81% [1] Capital Flow - The black home appliance sector experienced a net outflow of 148 million yuan from main funds, while retail investors saw a net inflow of 140 million yuan [1] - The detailed capital flow indicates that Non-Chi had a main fund net inflow of 14.04 million yuan, while *ST Gauss had a net inflow of 8.06 million yuan [2] - Conversely, Sichuan Changhong (600839) faced a significant main fund net outflow of 121 million yuan [2]

证券日报网讯 1月16日，九联科技在互动平台回答投资者提问时表示，目前公司已取得军选民用装备承 制单位资格条件、旗下全资子公司广东骧腾科技有限公司取得武器装备质量管理体系认证证书。公司的 研发、产品、业务方向内容请持续关注公司在上海证券交易所网站和公司指定信息披露媒体刊登的相关 公告。 （编辑 丛可心） ...

证券日报网讯1月16日，九联科技在互动平台回答投资者提问时表示，2025年四季度公司以第一名中标 星网应用科技有限公司通信集成模组框架采购项目，公司的研发、产品、业务方向内容请持续关注公司 在上海证券交易所网站和公司指定信息披露媒体刊登的相关公告。请投资者注意风险。 ...

（编辑 丛可心） 证券日报网讯 1月15日，九联科技在互动平台回答投资者提问时表示，卫星物联网和蜂窝物联网互为补 充，公司产品满足部分场景的综合应用，公司密切关注"空天地一体化网络"建设的前瞻性机会。公司的 研发、产品、业务方向内容请持续关注公司在上海证券交易所网站和公司指定信息披露媒体刊登的相关 公告。 ...