2、2022年报：报告期内，公司实现境外收入人民币7.90亿元 1，同比增长82.04%。报告期内公司产品 主要在欧洲、日本、美国等区域市场销售，同时公司已着手拓展澳大利亚、韩国等新兴市场。除亚马 逊、日本乐天等主流线上渠道外，目前公司产品已经进入包括 Mediamarkt、Saturn、BicCamera、茑屋 家电、友都八喜等在内的海外零售渠道。 3、公司的主营业务是智能投影产品的研发、生产及销售，同时向消费者提供围绕智能投影的配件产品 及互联网增值服务。公司主要产品和服务包括智能微投系列、激光电视系列、创新产品系列。 4、北京百度网讯科技有限公司持有公司9.88%股权。 来源：新浪证券-红岸工作室 12月3日，极米科技涨1.06%，成交额7190.85万元，换手率0.92%，总市值78.84亿元。 异动分析 手机游戏+跨境电商+智能家居+百度概念+消费电子概念 1、2024年11月15日互动易：西瓜游戏主要由公司全资孙公司AladdinX株式会社运营，截至2024年10月 31日，西瓜游戏在全球各大平台累计下载量已超过1100万次。 今日主力净流入272.03万，占比0.04%，行业排名2/10，连续3 ...

证券之星消息，12月1日黑色家电板块较上一交易日上涨0.71%，*ST高斯领涨。当日上证指数报收于 3914.01，上涨0.65%。深证成指报收于13146.72，上涨1.25%。黑色家电板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | | --- | --- | --- | --- | --- | --- | --- | | 002848 | *ST高斯 | 8.40 | 5.00% | 12.82万 | | 1.07亿 | | 000801 | 四川九洲 | 16.50 | 1.66% | 36.44万 | | 6.01亿 | | 002429 | 非驰股份 | 6.49 | 1.25% | 53.68万 | | 3.47 亿 | | 600839 | 四川长虹 | 9.57 | 1.16% | 73.58万 | | 7.00亿 | | 301578 | 辰奕智能 | 66'55 | 0.87% | 9774.6 | | 3527.62万 | | 688609 | 九联科技 | 10.19 | 0.69% | 8.99万 | | 9141.12万 ...

来源：新浪证券-红岸工作室 2、2022年报：报告期内，公司实现境外收入人民币7.90亿元 1，同比增长82.04%。报告期内公司产品 主要在欧洲、日本、美国等区域市场销售，同时公司已着手拓展澳大利亚、韩国等新兴市场。除亚马 逊、日本乐天等主流线上渠道外，目前公司产品已经进入包括 Mediamarkt、Saturn、BicCamera、茑屋 家电、友都八喜等在内的海外零售渠道。 3、公司的主营业务是智能投影产品的研发、生产及销售，同时向消费者提供围绕智能投影的配件产品 及互联网增值服务。公司主要产品和服务包括智能微投系列、激光电视系列、创新产品系列。 4、北京百度网讯科技有限公司持有公司9.88%股权。 5、公司主营业务是智能投影产品的研发、生产及销售，同时向消费者提供围绕智能投影的配件产品及 互联网增值服务。 公司专注于智能投影领域， 构建了以整机、 算法及软件系统为核心的战略发展模 式。 12月1日，极米科技跌0.74%，成交额1.21亿元，换手率1.59%，总市值77.27亿元。 异动分析 手机游戏+跨境电商+智能家居+百度概念+消费电子概念 1、2024年11月15日互动易：西瓜游戏主要由公司全资孙公 ...

Core Insights - The report suggests a high probability of an upward breakout in the market, leading to a cross-year rally, particularly due to anticipated positive economic policy adjustments from the upcoming political meetings [2][3] - The report emphasizes the importance of December as a strategic month for investment, with increased demand for equity funds expected due to the influx of new insurance premiums and favorable currency conditions [2][3] - The report identifies three main investment directions: infrastructure and real estate, service consumption, and self-sufficiency, with a focus on policy-driven adjustments [2][3] Investment Recommendations - The report lists a "golden stock" combination including companies such as Luxshare Precision, Shengyi Technology, Century Huatong, Zhongji Xuchuang, Haiguang Information, China Merchants Bank, Alibaba, Zijin Mining, Xingye Silver Tin, and XGIMI Technology [2][4] - Specific insights into Luxshare Precision highlight its strong position in the Apple supply chain and its potential for robust growth across various sectors, including automotive [8][9] - Shengyi Technology is noted for its leading position in the CCL market, with expectations for continued high-end product upgrades and significant growth potential [12][13] - Century Huatong is recognized for its innovative gaming strategies and strong market position, particularly with its successful game releases [17] - Zhongji Xuchuang is positioned to benefit from increasing overseas demand for optical modules, with a strong production capacity [17] - Haiguang Information is expected to see growth in its DCU chip business due to domestic project implementations [24] - China Merchants Bank is highlighted for its prudent management and strong asset quality, with expectations for recovery in performance as economic conditions improve [24] - Alibaba's cloud business is projected to grow significantly, driven by AI demand and a strong competitive position in the market [24] - Zijin Mining is anticipated to benefit from favorable commodity price trends, particularly in gold and copper [24] - Xingye Silver Tin is positioned as a leading silver producer with significant growth potential [20] - XGIMI Technology is expected to see revenue growth driven by market recovery and product innovation [20] Earnings Forecasts - Companies such as Luxshare Precision, Shengyi Technology, Century Huatong, Zhongji Xuchuang, Haiguang Information, Alibaba, Zijin Mining, Xingye Silver Tin, and XGIMI Technology are projected to achieve over 30% stable growth in earnings this year [5] Financial Metrics - Luxshare Precision is projected to have an EPS of 1.85 in 2024, with a net profit growth rate of 22.03% [6] - Shengyi Technology's EPS is expected to rise from 0.72 in 2024 to 2.03 in 2026, with a net profit growth rate of 49.37% in 2024 [7] - Century Huatong's EPS is forecasted to increase from 0.16 in 2024 to 1.11 in 2026, with a net profit growth rate of 131.51% in 2024 [7] - Zhongji Xuchuang is expected to see significant growth in EPS from 4.61 in 2024 to 17.24 in 2026, with a net profit growth rate of 137.93% in 2024 [7] - Haiguang Information's EPS is projected to grow from 0.83 in 2024 to 2.01 in 2026, with a net profit growth rate of 52.87% in 2024 [7] - Alibaba's EPS is expected to rise from 3.91 in 2024 to 5.82 in 2026, with a net profit growth rate of 9.93% in 2024 [7] - Zijin Mining's EPS is forecasted to increase from 1.21 in 2024 to 2.24 in 2026, with a net profit growth rate of 51.76% in 2024 [7] - Xingye Silver Tin's EPS is projected to grow from 0.86 in 2024 to 1.39 in 2026, with a net profit growth rate of 57.82% in 2024 [7] - XGIMI Technology's EPS is expected to rise from 1.72 in 2024 to 5.20 in 2026, with a net profit growth rate of -0.3% in 2024 [7]

出品：新浪财经上市公司研究院 作者：木予 业绩回暖、赴港上市，联合创始人却选择套现离场。 近日公告显示，2025年10月16日至11月12日期间，"智能投影仪第一股"极米科技的个人股东钟超通过集中竞价、大宗交易方式共减持84万股股份，持股比例 从2.4%降至1.2%，减持总金额达8956.46万元。另一位个人股东廖杨也通过集中竞价方式减持54.63万股股份，将5780.15万元落袋为安，持股比例直接归零， 彻底退出股东之列。 值得一提的是，钟超和廖杨都是极米科技的联合创始人，2013年11月公司注册成立时分别持股13.1%、5.7%。其中，钟超是创始人钟波的堂弟，曾担任公司 CTO一职。廖杨则历任极米科技财务总监、财务负责人、董事会秘书等重要职位，于2022年5月离职。 在经历了长达两年的营利双降、股价低迷后，极米科技刚刚展现出一丝向好的迹象。据最新财报披露，2025年前三季度，公司实现总营收23.27亿元，同比 微增2.0%；净利润录得7912.15万元，较2024年同期显著增长295.0%。与年初相比，极米科技股价累计小幅上涨13.4%，9月底还向港交所递表，积极推 动"A+H"上市进程。 然而，基于公开 ...

证券之星消息，11月28日黑色家电板块较上一交易日上涨0.29%，*ST高斯领涨。当日上证指数报收于 3888.6，上涨0.34%。深证成指报收于12984.08，上涨0.85%。黑色家电板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | | --- | --- | --- | --- | --- | --- | --- | | 002848 | *ST高斯 | 8.00 | 4.99% | 9.81万 | 7737.23万 | | | 600060 | 海信视像 | 25.91 | 1.49% | 7.71万 | 1.99亿 | | | 002052 | 同洲电子 | 12.78 | 1.27% | 10.69万 | | 1.35亿 | | 301578 | 辰奕智能 | 35.68 | 0.76% | 7952.0 | 2820.18万 | | | 000810 | 创维数字 | 12.46 | 0.32% | 15.80万 | | 1.97亿 | | 600839 | 四川长虹 | 9.46 | 0.21% | 64.59万 | | 6.08亿 ...

政企联动，爱心物资精准赋能 此次活动由百色市政协委员、北京萌兰和他的朋友文化科技有限公司、西林宫保余堂健康科技有限公司 董事长余剑冰牵头，联合极米科技股份有限公司、中笛（北京）文化发展有限公司共同参与。捐赠物资 涵盖投影设备、学习用品、体育器材等多个品类，精准对接西林县乡村学校办学需求，将陆续惠及西平 乡中心小学、八达镇周帮小学、八达镇龙保小学等多所学校的数千名学子。 "这批投影设备能让孩子们透过清晰光影探索世界，体育用品将丰富课余生活，这份支持来得太及时 了！"西平乡中心小学校长何志峰的话语道出了受赠学校的心声。在捐赠仪式上，少先队员为与会领 导、嘉宾佩戴红领巾，随后举行了物资移交与荣誉证书颁发仪式，西林县教育局为爱心企业送上表彰， 见证政企同心助教育的暖心时刻。 多维互动，公益行动不止于捐 不同于传统捐赠活动，此次"科教振兴 委员行动"活动延伸出多元公益场景。捐赠仪式后，公益小课堂 在校园里同步开讲，委员与企业代表化身"校外导师"，结合自身经历分享知识与成长感悟，为孩子们打 开认知新窗口。当晚，西平乡西平村村部球场放映公益电影，光影交织中，让山区孩子感受文化魅力， 也让爱心在乡村夜色中传递。 "科教振兴不 ...

从资金流向上来看，当日黑色家电板块主力资金净流出2903.37万元，游资资金净流出3788.21万元，散户 资金净流入6691.58万元。黑色家电板块个股资金流向见下表： 证券之星消息，11月26日黑色家电板块较上一交易日上涨0.06%，同洲电子领涨。当日上证指数报收于 3864.18，下跌0.15%。深证成指报收于12907.83，上涨1.02%。黑色家电板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 002052 | 同洲电子 | 12.82 | 2.64% | 28.79万 | 3.73亿 | | 002429 | 非轴股份 | 6.38 | 1.92% | 86.06万 | 5.51亿 | | 600060 | 海信视像 | 25.73 | 0.16% | ● 8.26万 | 2.12亿 | | 000810 | 创维数字 | 11.90 | -0.42% | 14.37万 | 1.72亿 | | 600839 | 四川长虹 | 9.50 | -0.73% | 57 ...

Core Insights - The Chinese whole-home smart industry is experiencing a growth trend in revenue, with a projected revenue of 211.85 billion in 2024, reflecting a growth rate of 10.6% [1] - The industry's sales gross margin shows a fluctuating trend, peaking at 34.8% in 2023 before declining to 33.5% in 2024 [2] - Inventory turnover rates are on a downward trend, decreasing from 5.14 times in 2020 to 4.64 times in 2024, attributed to changing consumer demands and rapid product updates [6] - Accounts receivable turnover rates have also shown a declining trend, from 17.53 times in 2020 to 15.23 times in 2024, indicating increasing management pressure [9] - The asset-liability ratio has fluctuated, decreasing to a low of 42.1% in 2022, then rising to 44.4% in the first half of 2025, reflecting dynamic adjustments in capital structure [11] Revenue Trends - The average revenue of representative companies in the Chinese whole-home smart industry is expected to grow significantly, reaching 211.85 billion in 2024, with a notable increase in the first half of 2025 at 116.69 billion [1] Profitability Analysis - The sales gross margin for the industry has shown volatility, starting at 33.9% in 2020, dropping to 32.2% in 2021, and then rising to 34.8% in 2023 before falling to 33.5% in 2024 [2] Inventory Management - The inventory turnover rate has decreased from 5.14 times in 2020 to 4.64 times in 2024, influenced by diverse consumer preferences and concerns over product depreciation [6] Accounts Receivable Management - The accounts receivable turnover rate has declined from 17.53 times in 2020 to 15.23 times in 2024, reflecting increased challenges in managing receivables [9] Capital Structure - The asset-liability ratio has shown a downward trend to 42.1% in 2022, followed by a rise to 44.4% in the first half of 2025, indicating changes in the industry's capital structure [11]

Market Overview - The black home appliance sector experienced a decline of 2.93% on November 21, with Chenyi Intelligent leading the drop [1] - The Shanghai Composite Index closed at 3834.89, down 2.45%, while the Shenzhen Component Index closed at 12538.07, down 3.41% [1] Stock Performance - Key stocks in the black home appliance sector showed varied performance, with *ST Gauss rising by 0.64% to a closing price of 7.87, while Chenyi Intelligent fell by 6.16% to 34.87 [1] - Other notable declines included Sichuan Changhong down 3.82% to 9.56 and Zhaochi Co. down 4.39% to 5.88 [1] Capital Flow - The black home appliance sector saw a net outflow of 324 million yuan from main funds, while retail investors contributed a net inflow of 340 million yuan [1] - The capital flow data indicates that major funds withdrew significantly from several stocks, including Sichuan Changhong and Zhaochi Co., while retail investors showed interest in stocks like *ST Gauss and Sichuan Jiuzhou [2]