Summary of Conference Call on Domestic Chip Industry Industry Overview - Focus on the domestic chip industry, particularly in relation to the H200 AI chip and the tight supply of materials for intelligent computing servers [1][2] Key Points and Arguments - **H200 Chip Export Regulations**: The U.S. government has relaxed export controls on the H200 chip but with stringent conditions. Exports to China must undergo compliance testing and the quantity obtained by mainland China and Macau cannot exceed 50% of the total purchased by U.S. clients [1][2] - **Impact on Domestic Chips**: The H200 chip is not expected to significantly impact domestic chip manufacturers due to differing use cases and ongoing policy support for local production [1][2] - **Supply Shortages in AI Chips**: Strong demand for overseas AI chips has led to supply shortages, particularly affecting server CPUs from AMD and Intel, which are experiencing inventory shortages and price increases of 10%-15% [1][2] - **Opportunities for Domestic Suppliers**: The supply chain shortages may benefit domestic chip suppliers, allowing them to increase prices or enter the supply chains of major domestic cloud service providers (CSPs) [1][2] Additional Important Information - **Key Domestic Chip Players**: - AI Chips: Haiguang Information, Cambricon, Huawei Chain, and Biren Technology - CPUs: Haiguang Information, with potential price increases or entry into major manufacturers' supply chains - Other server chips: Haiguang Information and Lanke Technology for PCIe switches, and Shengke Communication for switching chips [3][4] - **Increased Tender Demand**: The demand for tenders has significantly increased, indicating a robust market for domestic chip manufacturers despite the challenges posed by the H200 chip [4]

人民财讯1月16日电，企查查APP显示，近日，江苏盛宇芯连产业投资基金(有限合伙)成立，出资额1.5 亿元，经营范围包含：以私募基金从事股权投资、投资管理、资产管理等活动。企查查股权穿透显示， 该企业由盛科通信等共同出资。 ...

33家科创板公司提前对2025年业绩进行预告，业绩预亏的有14家，业绩预增的有12家，业绩减亏的有5 家，业绩预降的有2家。 证券时报·数据宝统计显示，截至1月16日，有33家公司公布了2025年业绩预告。业绩预告类型显示，预 增公司12家，报喜公司比例为36.36%；业绩预降公司2家、预亏公司有14家。 | 688702 | 盛科通信 | 2026.01.15 | 预亏 | -105.08 | 电子 | | --- | --- | --- | --- | --- | --- | | 688005 | 容百科技 | 2026.01.13 | 预亏 | -157.45 | 电力设备 | | 688538 | 和辉光电 | 2026.01.15 | 预亏 | | 电子 | | 688033 | 天宜新材 | 2026.01.15 | 预亏 | | 机械设备 | | 688598 | 金博股份 | 2026.01.15 | 预亏 | | 电力设备 | | 688561 | 奇安信 | 2026.01.15 | 预亏 | | 计算机 | | 688066 | 航天宏图 | 2026.01.15 | 预亏 | | 计算 ...

Core Viewpoint - Shengke Communication (688702) forecasts a significant loss for the year 2025, with an expected net loss ranging from 120 million to 160 million yuan, despite a projected revenue increase [1][5]. Financial Performance - The company anticipates 2025 annual operating revenue between 1.136 billion and 1.18 billion yuan, representing a year-on-year increase of 5.01% to 9.07% [1]. - The expected net profit attributable to shareholders is projected to be between -160 million and -120 million yuan, indicating an increase in losses of 51.73 million to 91.73 million yuan compared to the previous year [1]. - The net profit after deducting non-recurring gains and losses is expected to be between -258 million and -218 million yuan, reflecting an increase in losses of 109.53 million to 149.53 million yuan year-on-year [1]. Quarterly Performance - In the third quarter of 2025, Shengke Communication reported an operating revenue of 832 million yuan, a year-on-year increase of 2.98%, and achieved a net profit of 9.37 million yuan, successfully turning around from a loss of 76.2 million yuan in the same period last year [2][5]. - The third quarter's revenue was 324 million yuan, up 17.55% year-on-year, with a net profit of 33.06 million yuan, also marking a turnaround from a loss of 19.31 million yuan [2][3]. Research and Development - The company has increased its R&D investment, with a total of approximately 112 million yuan in the third quarter, accounting for 34.63% of operating revenue, although this is a decrease of 3.90 percentage points compared to the previous year [4][5]. - The continuous investment in R&D is aimed at supporting new product development and market expansion, which is seen as essential for sustainable growth and long-term competitiveness [5]. Market Context - Shengke Communication has reported losses for five consecutive years, indicating a potential sixth consecutive year of net losses [6]. - The company's main business focuses on the research, design, and sales of Ethernet switch chips and related products [8].

证券代码：688702 证券简称：盛科通信 公告编号：2026-002 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 经苏州盛科通信股份有限公司（以下简称"公司"）财务部门初步测算： （1）预计2025年年度营业收入为113,600.00万元至118,000.00万元，与上年同期（法定披露数据）相 比，增加5,417.33万元至9,817.33万元，同比增长5.01%到9.07%。 （2）预计2025年年度实现归属于母公司所有者的净利润为-16,000.00万元至-12,000.00万元，与上年同 期（法定披露数据）相比，增加亏损5,173.53万元至9,173.53万元。 公司本次业绩预告是财务部门基于自身专业判断进行的初步核算，尚未经注册会计师审计。截至公告 日，公司尚未发现影响本次业绩预告内容准确性的重大不确定因素。 （3）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为-25,800.0 ...

证券代码：688702 证券简称：盛科通信 公告编号：2026-002 苏州盛科通信股份有限公司 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 经苏州盛科通信股份有限公司（以下简称"公司"）财务部门初步测算： （3）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为-25,800.00万元 至-21,800.00万元，与上年同期（法定披露数据）相比，增加亏损10,952.98万元至14,952.98万元。 四、风险提示 二、上年同期业绩情况和财务状况 （一）营业收入：108,182.67万元。 （二）利润总额：-6,826.47万元。归属于母公司所有者的净利润：-6,826.47万元。归属于母公司所有者 的扣除非经常性损益的净利润：-10,847.02万元。 （三）每股收益：-0.17元。 三、本期业绩变化的主要原因 面对复杂多变的市场环境，公司整体业绩保持平稳，收入规模保 ...

每经头条（nbdtoutiao）——海利生物增值9倍并购的企业，估值8个月"腰斩"，其第一大客户竟是尚未 成立的公司，离奇的事还不少…… （记者 曾健辉） 每经AI快讯，盛科通信1月14日晚间发布业绩预告，预计2025年年度营业收入为113,600.00万元至 118,000.00万元，与上年同期（法定披露数据）相比，增加5,417.33万元至9,817.33万元，同比增长 5.01%到9.07%。预计2025年年度实现归属于母公司所有者的净利润为-1.6亿元至-1.2亿元，与上年同期 相比，增加亏损5173.53万元~9173.53万元。业绩变动主要原因是，面对复杂多变的市场环境，公司整 体业绩保持平稳，收入规模保持温和增长。公司持续加大研发投入，为公司在新产品的研发与新市场的 布局奠定坚实的基础。公司不断深化布局工艺平台，加快产品迭代以及增强产品性能和优化成本，为高 质量可持续发展提供持久动力，构建长期竞争力。 ...

Core Viewpoint - The company, Shengke Communication, expects a net loss attributable to shareholders of the parent company between 120 million to 160 million yuan for the year 2025, which represents an increase in losses of 51.7353 million to 91.7353 million yuan compared to the previous year [1] Group 1: Financial Performance - The company anticipates a net loss for 2025, indicating a challenging financial outlook [1] - The projected loss reflects a significant increase in losses compared to the previous year's statutory disclosure data [1] Group 2: Business Strategy - The company maintains stable overall performance despite a complex and changing market environment, with revenue showing moderate growth [1] - Continuous investment in research and development is emphasized, laying a solid foundation for new product development and market expansion [1] - The company is deepening its layout of process platforms, accelerating product iteration, enhancing product performance, and optimizing costs to provide sustainable development and build long-term competitiveness [1]

面对复杂多变的市场环境，公司整体业绩保持平稳，收入规模保持温和增长。公司持续加大研发投入， 为公司在新产品的研发与新市场的布局奠定坚实的基础。公司不断深化布局工艺平台，加快产品迭代以 及增强产品性能和优化成本，为高质量可持续发展提供持久动力，构建长期竞争力。 盛科通信(688702.SH)发布公告，公司预计2025年年度实现归属于母公司所有者的净利润为亏损1.2亿元 至1.6亿元，与上年同期(法定披露数据)相比，增加亏损5,173.53万元至9,173.53万元。 ...

人民财讯1月14日电，盛科通信(688702)1月14日公告，预计2025年度实现归属于母公司所有者的净利润 亏损1.2亿元—1.6亿元，与上年同期相比，增加亏损5173.53万元—9173.53万元。 ...