证券代码：688618 证券简称：三旺通信 公告编号：2025-050 深圳市三旺通信股份有限公司 2025 年员工持股计划第一次持有人会议决议公告 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、准确性和完整性依法承担法律责任。 深圳市三旺通信股份有限公司（以下简称"公司"）2025 年员工持股计划第一次 持有人会议于 2025 年 9 月 1 日以现场结合通讯表决方式召开。本次会议由公司董事 会秘书熊莹莹女士召集并主持，出席会议的持有人共 48 人，代表公司 2025 年员工持 股计划有表决权的份额为 621.4 万份，占公司 2025 年员工持股计划总份额的 62.14%。 本次会议的召集、召开和表决程序符合有关法律、法规、规范性文件及《深圳市三旺 通信股份有限公司 2025 年员工持股计划(草案)》(以下简称"《员工持股计划》") 《深圳市三旺通信股份有限公司 2025 年员工持股计划管理办法》(以下简称"《管理 办法》")的规定。 一、会议召开情况 二、会议审议情况 经与会持有人认真审议，会议形成了如下决议： （1）负责召集持有人会议，执行持有人 ...

深圳市三旺通信股份有限公司 2025 年 9 月 3 日 关于 2025 年员工持股计划完成股票购买的公告 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、准确性和完整性依法承担法律责任。 公司将按照相关法律、法规、规范性文件的有关规定和要求，及时履行信息披露 义务。敬请广大投资者关注相关公告，并注意投资风险。 证券代码：688618 证券简称：三旺通信 公告编号：2025-051 特此公告。 深圳市三旺通信股份有限公司董事会 深圳市三旺通信股份有限公司（以下简称"公司"）于 2025 年 7 月 28 日召开第 三届董事会第五次会议，并于 2025 年 8 月 14 日召开 2025 年第三次临时股东会，审 议通过了《关于公司<2025 年员工持股计划（草案）>及其摘要的议案》《关于公司<2025 年员工持股计划管理办法>的议案》等相关议案,具体内容详见公司于 2025 年 7 月 30 日、2025 年 8 月 15 日在上海证券交易所网站（www.sse.com.cn）披露的相关公告。 根据《关于上市公司实施员工持股计划试点的指导意见》《上海证券交易 ...

Core Viewpoint - Sanwang Communication (688618.SH) has completed the stock purchase under its 2025 employee stock ownership plan, acquiring a total of 378,088 shares, which represents 0.34% of the company's total share capital of 110,185,630 shares [1] Summary by Sections - Employee Stock Ownership Plan - The company has finalized the stock purchases as part of its 2025 employee stock ownership plan [1] - The purchased shares will be locked for a period of 12 months, starting from September 2, 2025, to September 1, 2026 [1] - Stock Purchase Details - A total of 378,088 shares were acquired through the secondary market [1] - This acquisition constitutes 0.34% of the company's current total share capital [1]

Core Viewpoint - Sanwang Communication (688618) reported mixed financial results for the first half of 2025, with revenue growth but a significant decline in net profit, indicating potential challenges in profitability and cash flow management [1][2]. Financial Performance - Total revenue for the first half of 2025 reached 172 million yuan, a year-on-year increase of 10.05% compared to 156 million yuan in 2024 [1]. - Net profit attributable to shareholders was 16.03 million yuan, down 36.72% from 25.33 million yuan in the previous year [1]. - The gross margin decreased to 60.26%, a decline of 5.08% year-on-year, while the net margin fell to 9.31%, down 42.5% [1]. - The company's accounts receivable reached 176 million yuan, representing 536.05% of the net profit, indicating a high level of receivables relative to profit [1][2]. Operational Insights - The company has a healthy cash asset position, which is crucial for its debt repayment capabilities [2]. - The business model relies heavily on research and marketing efforts, necessitating a deeper understanding of the underlying drivers [2]. Market Expansion Strategy - Initially targeting Southeast Asia, the company has shifted its focus to the European and American markets due to higher quality and brand requirements [3]. - The establishment of a subsidiary in Poland aims to further penetrate the European market, leveraging previous project experiences such as the Porsche project in Germany [3]. - The company plans to strengthen its presence in emerging markets like Southeast Asia and the Middle East by building localized sales and service teams [3]. Collaboration with Operators - The company collaborates with operators primarily in the digitalization sector, offering comprehensive solutions and hardware support [4]. - Future interactions with operators are expected to enhance marketing efforts and secure more project opportunities [4]. Industry Outlook - The energy sector is anticipated to remain a significant contributor to the company's revenue, particularly in traditional power, renewable energy, and energy storage [5]. - The rail transit sector's growth is closely tied to national policies, while smart manufacturing is seen as a potential area for future growth, contingent on successful technology development [5].

Core Viewpoint - The company, Shenzhen Sanwang Communication Co., Ltd., is set to participate in the 2025 semi-annual performance briefing for the artificial intelligence industry, organized by the Shanghai Stock Exchange, to provide insights into its operational results and financial status for the first half of 2025 [6][9]. Company Overview - The company is listed under the stock code 688618 and is referred to as Sanwang Communication [3]. - The company has confirmed that there are no significant risks affecting its production and operations during the reporting period [1]. Financial Data - The financial data for the company is presented in Chinese Yuan (RMB) [2]. Important Events - The performance briefing will take place on September 9, 2025, from 15:00 to 17:00 at the Shanghai Stock Exchange's online roadshow center [5][6]. - Investors can submit questions for the briefing from September 2 to September 8, 2025, and the company will address common inquiries during the session [4][7]. Contact Information - The company’s securities affairs department can be contacted at 0755-23591696 or via email at 688618public@3onedata.com for further inquiries [8].

深圳市三旺通信股份有限公司 2025 年度"提质增效重回报"行动方案的半年度评估报告 为进一步提升深圳市三旺通信股份有限公司（以下简称"公司"）质量，提振市场 信心，助力资本市场平稳运行，公司于 2025 年 4 月 28 日召开第三届董事会第二次会议， 审议通过了《关于 2025 年度"提质增效重回报"行动方案的议案》，并于 2025 年 4 月 30 日在上海证券交易所网站（www.sse.com.cn）披露了《深圳市三旺通信股份有限公司 2025 年度"提质增效重回报"行动方案》。2025 年上半年，公司根据行动方案内容， 积极开展和落实相关工作，并认真评估工作效果，编制了《深圳市三旺通信股份有限公 司 2025 年度"提质增效重回报"行动方案的半年度评估报告》，具体内容如下： 一、聚焦主营业务发展，提升核心竞争力 2025 年上半年，公司聚焦工业经济数字化、网络化、智能化的基础设施需求，为工 业领域客户提供覆盖全场景、全生命周期的通信解决方案，致力于促进工业互联网与传 统行业的融合，推动各行业数字化转型发展，与上下游产业链企业、生态合作伙伴等共 同打造合作共赢生态圈。在公司管理层和全体员工的努力下，报 ...

证券代码：688618 证券简称：三旺通信 公告编号：2025-049 深圳市三旺通信股份有限公司 关于参加 2025 年半年度科创板人工智能行业 集体业绩说明会的公告 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、准确性和完整性依法承担法律责任。 重要内容提示： 会议召开时间：2025 年 9 月 9 日（星期二）下午 15:00-17:00 会议召开地点：上海证券交易所上证路演中心 会议召开方式：上证路演中心网络文字互动 投资者可于 2025 年 9 月 2 日（星期二）至 9 月 8 日（星期一）16:00 前登录上 证路演中心网站首页点击"提问预征集"栏目或通过深圳市三旺通信股份有限公司（以 下简称"公司"）邮箱 688618public@3onedata.com进行提问。公司将在说明会上对投 资者普遍关注的问题进行回答。 公司已于 2025 年 8 月 29 日在上海证券交易所网站（www.sse.com.cn）披露了《深 圳市三旺通信股份有限公司 2025 年半年度报告》，为便于广大投资者更全面深入地了 解公司 2025 年上半年的经营成果、 ...

Financial Performance - The company's operating revenue for the first half of 2025 was RMB 172,101,001.49, representing a 10.05% increase compared to RMB 156,383,165.08 in the same period last year[19]. - The total profit for the first half of 2025 decreased by 48.44% to RMB 14,085,763.69 from RMB 27,321,659.99 in the previous year[19]. - The net profit attributable to shareholders of the listed company was RMB 16,030,351.28, down 36.72% from RMB 25,332,074.46 year-on-year[19]. - The net cash flow from operating activities was RMB 14,175,314.07, a significant decline of 65.87% compared to RMB 41,537,228.51 in the same period last year[19]. - The basic earnings per share for the first half of 2025 were RMB 0.15, a decrease of 34.78% compared to RMB 0.23 in the same period last year[19]. - The company reported a net profit of RMB 11,015,298.58 after deducting non-recurring gains and losses, down 30.69% from RMB 15,891,691.04 in the same period last year[19]. Revenue Growth by Sector - The company achieved operating revenue of 172.10 million yuan, a year-on-year increase of 10.05%, driven by significant growth in the smart manufacturing, power, and new energy sectors[20]. - The traditional power sector saw over 20% revenue growth, driven by deepening market penetration and successful bids for major projects in East and South China[33]. - The new energy sector experienced over 50% revenue growth, with strategic adjustments to focus on large clients and projects[34]. - The company's revenue in the energy storage sector grew over 80% year-on-year in the first half of 2025, driven by high growth in domestic and international energy storage, battery swap stations, and charging pile projects[37]. - The smart manufacturing sector saw revenue growth exceeding 80% year-on-year, with successful applications of WiFi4 products in leading companies like CATL and GAC, establishing a solid foundation for future market expansion[40]. Research and Development - The R&D expenditure accounted for 25.59% of operating revenue, an increase of 4.20 percentage points from 21.39% in the previous year[19]. - R&D expenses totaled 44.05 million yuan, accounting for approximately 25.59% of total revenue, with 46 invention patents and 70 utility model patents obtained[111]. - The company is enhancing its R&D efforts in smart manufacturing, successfully launching WiFi6 products and researching WiFi7 technology, which strengthens its competitive edge in high-end manufacturing scenarios[40]. - The company is committed to a dual-driven development model of "technology + market," ensuring that R&D aligns closely with customer needs and industry trends[42]. Market Expansion and Strategy - The company is actively developing integrated products for the energy storage industry to meet cost demands and is advancing domestic product R&D to align with industry localization needs[37]. - The company has established a comprehensive sales strategy combining direct sales and local agents to effectively respond to market demands and enhance international market penetration[41]. - The company is focusing on optimizing its internal operations and expanding its sales team in key regions to support rapid business growth in the smart manufacturing sector[40]. - The company is focusing on expanding into emerging markets, particularly in smart mining, intelligent manufacturing, and smart transportation[110]. Challenges and Risks - The company faces risks from fluctuations in raw material prices and potential disruptions in international trade, which could adversely affect production and operations[153]. - The company is exposed to project construction risks, particularly if downstream clients delay or halt projects due to macroeconomic controls[154]. - The industrial internet sector is experiencing increased competition, which may lead to a decline in market share and profit margins[156]. - The company has a risk of inventory depreciation due to potential changes in market conditions and customer demand[165]. Investments and Financial Management - The company has invested a total of RMB 4,401.66 million in various projects, with a total planned investment of RMB 8,635 million[150]. - The "Industrial Internet Innovation Development Project" has reached a cumulative investment of RMB 1,540.50 million, focusing on domestic production of core components to address supply chain issues[150]. - The company has established a partnership with Jiu Zhao Investment to invest in the Sunyan Technology project, focusing on millimeter-wave radar technology for smart transportation and autonomous driving[182]. - The company has set up a joint venture, Sanwang Communication (Vietnam) Co., Ltd., to expand its market presence in Southeast Asia, with ownership stakes of 85% and 15% held by the company and Sanwang Qichuang, respectively[183]. Corporate Governance and Compliance - The company has undergone changes in its board of directors, with new independent directors elected and the supervisory board being dissolved[191]. - The company has emphasized the importance of compliance with regulatory requirements in its operational commitments[200]. - The company has reiterated its focus on long-term strategic goals in its operational commitments, as noted in the documentation[200].

Core Insights - Sanwang Communication (688618.SH) reported a revenue of 172.10 million yuan for the first half of the year, representing a year-on-year growth of 10.05% [1] - The net profit attributable to shareholders of the listed company was 16.03 million yuan, showing a year-on-year decline of 36.72% [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 11.02 million yuan, down 30.69% year-on-year [1]

三旺通信公告，2025年上半年营业收入1.72亿元，同比增长10.05%。净利润1603.04万元，同比下降 36.72%。 ...