（文章来源：证券时报网） 证券时报·数据宝统计显示，今日公布2025年业绩预告公司中，截至发稿股价较为强势的有金安国纪、 德明利、毅昌科技等，股价分别上涨10.01%、6.01%、5.04%。 资金面上看，德明利近5日主力资金总体呈净流入状态，累计净流入15.19亿元，其中，上一交易日主力 资金全天净流入1.97亿元。 融资融券数据显示，该股最新（1月21日）两融余额41.99亿元，其中，融资余额为41.90亿元，近5日融 资余额合计增加5.38亿元，增幅为14.72%。（数据宝） 德明利股价出现异动，截至今日9时31分，股价大涨6.01%，成交367.22万股，成交金额11.08亿元，换 手率为2.28%，公司发布的最新业绩预告显示，预计2025年实现净利润6.50亿元—8.00亿元，净利润同 比增长85.42%—128.21%。 ...

Key Points - Hunan Silver's future market price for silver products has uncertainty regarding its ability to continue rising or maintain high levels [1] - Zhite New Materials may apply for a trading suspension again if its stock price experiences further abnormal increases [1] - Binhai Energy plans to invest in the construction of porous carbon and silicon-carbon anode material projects [1] - Baotai's subsidiary signed a construction contract worth 85.5626 million yuan with an affiliated party [1] - Limin Co. expects a net profit growth of 471.55%-514.57% year-on-year for 2025 [1] - Han Jian Heshan intends to acquire 52.51% equity in Xingfu New Materials, with trading suspension starting January 22 [2] - Xingfa Group plans to repurchase company shares with an investment of 200 million to 400 million yuan [1] - Actual controller of Hengshuai Co. plans to reduce holdings by no more than 2.16% [1] - Lu Wei Optoelectronics intends to raise no more than 1.38 billion yuan through a private placement [1]

Industry Insights - The People's Bank of China is accelerating the construction of a cross-border payment system for the renminbi, promoting interconnectivity in cross-border payments and aiming for a diversified and multi-layered development of the payment system [2] - The Ministry of Finance and four other departments announced the establishment of new duty-free shops at 41 ports to boost consumption, facilitating duty-free shopping for incoming travelers [3] - The demand for AI is driving significant revenue growth for several companies in the industry, with storage chip leader Demingli expected to achieve revenue of 10.3 billion to 11.3 billion yuan in 2025, representing a year-on-year increase of 115.82% to 136.77% [4] - The consumer electronics market is showing signs of recovery, with companies like Jin'an Guoji and Baiao Intelligent reporting impressive performance [4] Company Performance - Demingli, a leader in storage chips, anticipates a revenue increase of 115.82% to 136.77% in 2025, projecting revenues between 10.3 billion and 11.3 billion yuan [4] - Tianfu Communication, a core supplier of optical modules, expects a net profit growth of 40% to 60% in 2025 [4] - Jin'an Guoji forecasts a net profit of 280 million to 360 million yuan in 2025, reflecting a year-on-year increase of 655.53% to 871.40% [14] - Daikin Heavy Industries projects a net profit of 1.05 billion to 1.2 billion yuan in 2025, indicating a growth of 121.58% to 153.23% [14]

Group 1 - Greenland crisis has seen a turnaround with a framework agreement reached between the US and NATO regarding Greenland, which could benefit the US and NATO member countries [5] - The European Parliament has indefinitely frozen the review of the EU-US trade agreement due to threats to EU sovereignty and territorial integrity [6] - The People's Bank of China is accelerating the construction of a cross-border payment system for the renminbi and implementing strict regulatory measures for payment institutions [7] Group 2 - The cosmetics market in China is projected to exceed 1.1 trillion yuan by 2025, with domestic brands capturing over 57% market share [23] - China has become the world's largest exporter of machine tools, surpassing Germany with a 21.6% share of global exports [24] - The successful trial of automatic formation operation for heavy-duty trains in China marks a significant change in railway freight control [25] Group 3 - SpaceX plans to complete its IPO by July this year, as stated by CEO Elon Musk [27] - Xibei Catering has completed its Series A financing, with new investors including Zhang Yong, founder of New Rongji [28] - Apple is set to transform Siri into its first chatbot product by the second half of 2026, utilizing Google's Gemini model [29] Group 4 - TSMC's 3nm production capacity is fully booked until 2027 due to surging demand from artificial intelligence [30] - China Nuclear Power and Alibaba have established a nuclear energy company with a registered capital of 250 million yuan [31] - The download volume of Alibaba's Qianwen series models has surpassed 1 billion, making it the first open-source large model to achieve this milestone [32]

对于格陵兰岛，特朗普表示，格陵兰岛是北美的一部分，这是美国的领土。它是国家战略安全所必需的，寻 求立即谈判收购格陵兰岛，不会动用武力夺取格陵兰岛。 特朗普最新演讲！谈及多个热门话题 当地时间1月21日，美国总统特朗普在瑞士达沃斯发表演讲。他在演讲中提及美联储主席、格陵兰岛等多个热 门话题。 对于新任美联储主席候选人，特朗普表示，美联储主席鲍威尔在利率问题上行动太迟了，在不久的将来宣布 新的美联储主席人选。 第 803 期 2026-01-22 焦点事件 特朗普：已就格陵兰岛未来合作制定框架，暂时不会加征关税 美国总统特朗普21日在社交媒体发文称，他已经同北约秘书长吕特就未来达成有关格陵兰岛的协议制定了框 架，因此不会实施原定于2月1日生效、对欧洲8国加征关税的措施。 两大央企换帅！涉及7家上市公司 1月21日，国务院国资委公布了7户中央企业14名领导人员职务任免情况。 两家央企集团旗下共有七家上市公司。其中保利集团境内外控股上市公司5家，分别为：保利发展、保利置业 集团、中国海诚、保利联合、保利物业；中盐集团旗下上市公司分别为中盐化工和红四方。 其中，申兆军任中国盐业集团有限公司党委书记、董事长；免去李耀强的 ...

本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有虚假记载、误导性陈述或者重大 遗漏。 一、本期业绩预计情况 登录新浪财经APP 搜索【信披】查看更多考评等级 证券代码：001309 证券简称：德明利 公告编号：2026-002 三、 业绩变动原因说明 1、报告期内，公司聚焦全链路存储解决方案能力强化，加快高端制造能力建设，快速搭建起产品定制 化全栈解决方案交付体系，在客户拓展及产品导入环节取得突破性进展，推动公司经营规模持续快速增 长。 2025 年 1 月 1 日至 2025 年 12 月 31日 （二）业绩预告情况 预计净利润：R同向增加 备注：上年同期基本每股收益已按照除权调整后的股本重新计算。 （1） 经财务部门初步测算，深圳市德明利技术股份有限公司（以下简称"公司"）预计2025年实现营业 收入1,030,000.00万元至1,130,000.00万元，与上年同期同比增长115.82%至136.77%。2025年第四季度单 季度营业收入364,089.03万元至464,089.03万元，同比增长209.72%至294.79%，环比增长42.78%至 81.99%。 （2） 预计2025 ...

Market Overview - The stock market experienced rapid rotation of hot sectors, with over 3,000 stocks rising, while the total trading volume in the Shanghai and Shenzhen markets was 2.6 trillion yuan, a decrease of 177.1 billion yuan compared to the previous trading day [1] Company Performance - Tianfu Communication (300394) expects a net profit of 1.881 billion to 2.150 billion yuan for 2025, representing a year-on-year growth of 40% to 60%, driven by the acceleration of the AI industry and global data center construction [2] - Zhite New Materials (300986) announced a stock price increase of 211.27% from January 5 to January 21, 2026, leading to a halt for review due to significant deviation from fundamentals [3] - Dajin Heavy Industry (002487) forecasts a net profit of 1.05 billion to 1.20 billion yuan for 2025, with a year-on-year increase of 121.58% to 153.23%, attributed to rapid growth in overseas offshore wind power projects [3] - Demingli (001309) anticipates a net profit of 650 million to 800 million yuan for 2025, reflecting an increase of 85.42% to 128.21%, supported by advancements in storage solutions and improved sales margins due to AI demand [4] External Market Influence - The US stock market saw all three major indices rise by over 1%, with the Dow Jones up 1.21%, Nasdaq up 1.18%, and S&P 500 up 1.16%, indicating a strong performance in storage concept stocks [5]

Core Viewpoint - The company Demingli forecasts significant growth in its 2025 financial performance, with expected revenue and net profit far exceeding market expectations, driven by increased demand in the storage chip sector due to AI applications [2][4]. Financial Performance Forecast - Demingli anticipates 2025 revenue between 10.3 billion to 11.3 billion yuan, representing a year-on-year increase of 115.82% to 136.77% from approximately 4.77 billion yuan in the previous year [2]. - The expected net profit attributable to shareholders is projected to be between 650 million to 800 million yuan, reflecting a year-on-year growth of 85.42% to 128.21% from about 351 million yuan [2]. - The forecasted basic earnings per share are estimated at 2.91 to 3.58 yuan, compared to 1.7 yuan in the previous year [2]. Fourth Quarter Performance - For the fourth quarter of 2025, Demingli expects a substantial net profit of approximately 677 million to 827 million yuan, indicating a year-on-year increase of 1051.59% to 1262.41% and a quarter-on-quarter growth of 645.11% to 810.18% [3]. - The significant profit increase in Q4 is attributed to a recovery in the storage industry driven by AI demand, leading to improved sales margins [3]. Comparison with Market Expectations - The consensus forecast from six institutions for Demingli's 2025 net profit is 547.83 million yuan, which is significantly lower than the company's own forecast, even at the lower end of its range [4]. - The lowest and highest profit estimates from the institutions are 361 million yuan and 725 million yuan, respectively, indicating a wide range of expectations [4]. Market Dynamics - The increase in storage chip prices has positively impacted Demingli's stock performance, which rose by 273.2% in 2025, with a peak increase of 369.99% during the year [5]. - Major storage companies have raised product prices due to surging demand for high-performance storage chips driven by AI applications, which has contributed to the overall price increase in the storage market [5].

Core Viewpoint - Demingli (001309) expects significant growth in its 2025 financial performance, with projected net profit increasing by 85.42% to 128.21% year-on-year, driven by advancements in storage solutions and AI demand [2] Financial Performance - The company forecasts a net profit of 650 million to 800 million yuan for 2025, and revenue between 10.3 billion to 11.3 billion yuan, representing a year-on-year increase of 115.82% to 136.77% [2] - For Q4 2025, revenue is expected to be between 3.641 billion to 4.641 billion yuan, with a year-on-year growth of 209.72% to 294.79% and a quarter-on-quarter growth of 42.78% to 81.99% [2] - The projected net profit for Q4 2025 is estimated at 677 million to 827 million yuan, reflecting a staggering year-on-year increase of 1051.59% to 1262.41% and a quarter-on-quarter increase of 645.11% to 810.18% [2] Business Strategy and Growth Drivers - The company attributes its growth to a focus on enhancing full-chain storage solutions, accelerating high-end manufacturing capabilities, and achieving breakthroughs in customer expansion and product delivery [2] - Increased demand for AI is driving a recovery in the storage industry, leading to a significant rise in product sales gross margins and overall operational performance [2] Research and Development - Demingli has increased its R&D investment, with R&D expenses projected at approximately 290 million yuan for 2025, up from 203 million yuan in the previous year [2][3] Market Trends - The company anticipates non-recurring gains for 2025 to be around 20 million yuan, down from 47.86 million yuan the previous year [3] - The storage product price increase is a current market trend, with expectations that long-term demand for storage products will continue to grow due to technological innovation [3] - The company notes that short-term price fluctuations will stabilize over time and will not fundamentally impact long-term demand in the consumer electronics and storage sectors [3] Industry Outlook - AI-driven demand for data storage is expected to continue influencing storage prices, with major cloud service providers placing large orders, leading to supply constraints in non-server markets [4] - The CFM flash memory market is projected to maintain an upward trend into Q1 2026, with price increases for various storage products, including Mobile eMMC/UFS and PC DDR5/LPDDR5X [4] - The company plans to closely monitor industry price trends and adjust its business strategies accordingly [4]

Group 1: AI Demand Surge - The demand for AI has led to significant revenue growth for several companies in the industry chain, with notable performances from companies like Demingli, which expects a revenue increase of 115.82% to 136.77% in 2025, reaching between 10.3 billion to 11.3 billion yuan [3] - Demingli also anticipates a net profit of 650 million to 800 million yuan in 2025, marking a year-on-year increase of 85.42% to 128.21%, with a remarkable quarterly net profit growth of over 1000% in Q4 2025 [3] - Tianfu Communication, a core supplier of optical modules, expects a net profit of 1.881 billion to 2.15 billion yuan in 2025, driven by the acceleration of AI development and global data center construction [3] Group 2: Consumer Electronics and Materials Recovery - The consumer electronics market is experiencing a recovery, positively impacting upstream materials and equipment companies, such as Jin'an Guoji, which forecasts a net profit of 280 million to 360 million yuan in 2025, reflecting a substantial increase of 655.53% to 871.40% [5] - The growth in Jin'an Guoji's performance is attributed to improved market conditions for copper-clad laminates and increased sales volume and prices [5] - Baiao Intelligent, a supplier of smart manufacturing equipment, expects a net profit of 90 million to 120 million yuan in 2025, representing a year-on-year increase of 228.34% to 337.79%, driven by rising demand in the consumer electronics and industrial markets [6] Group 3: Turnaround Stories - Defu Technology anticipates a net profit of 97 million to 125 million yuan in 2025, marking a turnaround from previous losses, attributed to significant demand recovery in the downstream market and an increase in high-value product shipments [6] - Qianfang Technology expects to achieve a net profit of 250 million to 320 million yuan in 2025, recovering from a loss of 1.193 billion yuan in the previous year, driven by market expansion and product innovation in the smart IoT sector [7] - Tongfei Co. forecasts a net profit of 240 million to 268 million yuan in 2025, with a growth rate of 56.43% to 74.68%, primarily due to the rapid growth of temperature control products in power electronic devices [7]