智微智能(001339.SZ)发布2025年第一季度报告， 营业收入为8.52亿元，同比增长19.35%；归属于上市 公司股东的 净利润为4211.7万元，同比增长226.89%。主要原因是报告期内智算业务订单显著增加带来 的利润增长。 ...

证券代码：001339 证券简称：智微智能 公告编号：2025-028 关于完成工商变更登记的公告 深圳市智微智能科技股份有限公司 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误 导性陈述或重大遗漏。 一、基本情况 类型：股份有限公司（上市、自然人投资或控股） 成立日期：2011 年 9 月 7 日 法定代表人：袁微微 深圳市智微智能科技股份有限公司（以下简称"公司"）于 2024 年 10 月 29 日、 2024 年 11 月 15 日分别召开第二届董事会第十二次会议决议、2024 年第四次临时股 东大会审议通过了《关于变更公司注册资本及修订〈公司章程〉并办理工商登记的议 案》，具体内容详见公司披露于巨潮资讯网（www.cninfo.com.cn）的相关公告。 二、工商变更登记情况 2025 年 4 月 18 日，公司完成了相关工商变更登记及章程备案手续。具体内容如 下： 公司名称：深圳市智微智能科技股份有限公司 统一社会信用代码：91440300582702079P 注册资本：250,336,859 元人民币 三、备查文件 1、登记通知书。 特此公告。 深圳市智微智能科技股份 ...

Investment Rating - The report maintains an "Accumulate" investment rating for the company [3] Core Views - The company has experienced significant profit growth, with both 2024 and Q1 2025 profits showing high increases due to the recovery of its main business and the release of AI computing demand [1][7] - The company is well-positioned for long-term growth in the AI computing sector, having established a subsidiary focused on providing high-performance infrastructure products for AI applications [7] Financial Data and Valuation - Total revenue is projected to grow from 30.33 billion in 2022 to 58.09 billion by 2026, with a compound annual growth rate (CAGR) of approximately 20% [2][11] - The net profit attributable to the parent company is expected to increase from 1.19 billion in 2022 to 3.33 billion in 2026, reflecting a significant recovery and growth trajectory [2][11] - The company's earnings per share (EPS) is forecasted to rise from 0.48 in 2022 to 1.33 in 2026, indicating strong profitability improvements [2][11] - The price-to-earnings (PE) ratio is expected to decrease from 86.7 in 2022 to 31.0 in 2026, suggesting a more attractive valuation as earnings grow [2][11] Business Performance - The company reported a revenue of 40.34 billion for 2024, a year-on-year increase of 10.06%, and a net profit of 1.25 billion, up 280.73% from the previous year [7] - In Q4 2024, the company achieved a revenue of 12.53 billion, reflecting a year-on-year growth of 41.41% [7] - The company has seen a significant increase in orders for its AI computing services, indicating strong demand and a positive outlook for future revenue recognition [7] Strategic Initiatives - The company has invested in establishing a subsidiary, Tengyun Zhikuan, to enhance its capabilities in providing comprehensive AI computing services [7] - The launch of new products that integrate with the DeepSeek model has positioned the company to capitalize on the growing AI market [7]

在智算服务需求与宏观政策引领下，智能算力作为新型基础设施，是行业进行智能化变革的核心驱动 力，智算服务市场的蓬勃发展为公司带来了新的发展机遇。与2023年相比，公司营业收入、归母净利润 等均实现增长，公司将全面拥抱AI+，持续优化产品结构，加强技术创新，提升运营效率与盈利能力， 确保业务健康、稳健、持续发展。 同日，智微智能披露一季度业绩预告。一季度公司归属于上市公司股东的净利润预计为3970万元至4387 万元，预计同比增长208.13%至240.49%。公告显示，公司利润大幅增长主要系智算业务需求旺盛，新 客户拓展取得成效，在手订单显著增加，后续将按照进度逐步确认收入利润。同时公司积极采取一系列 措施加快推进主营业务发展，持续推动降本增效工作，提升研发效率，提高产品竞争力。 2024年公司积极开拓国内外市场，挖掘客户需求。在行业终端领域提供以客户为导向的标准产品、定制 化服务；同时以"智微工业"品牌推出全系列工业产品家族，为客户提供自主品牌工控产品及方案；此 外，公司积极拓展新兴业务，围绕AI算力提供端到端的智算中心全生命周期服务。 本报讯(记者王镜茹)4月10日，深圳市智微智能（001339）科技股份有 ...

Core Viewpoint - Shenzhen Zhimi Intelligent Technology Co., Ltd. reported a significant increase in revenue and net profit for the fiscal year 2024, driven by a dual strategy of ODM and OBM, alongside a focus on AI computing services [2][3]. Financial Performance - The company achieved an operating income of 4.034 billion yuan, representing a year-on-year growth of 10.06% [2]. - The net profit attributable to shareholders reached 125 million yuan, a remarkable increase of 280.73% year-on-year [2]. - After excluding non-recurring gains and losses, the net profit attributable to shareholders was 108 million yuan, reflecting a growth of 309.68% [2]. Business Strategy - The company adopted a dual strategy of ODM (Original Design Manufacturer) and OBM (Original Brand Manufacturer) to expand its domestic and international market presence [2]. - It launched a full range of industrial products under the "Zhimi Industrial" brand, providing customized solutions and standard products in the ICT sector [2]. - The company is actively exploring emerging businesses, particularly in AI computing, offering end-to-end lifecycle services for intelligent computing centers [2]. Market Opportunities - The demand for intelligent computing services is growing, driven by macro policies and the need for digital transformation across various industries [2]. - The company aims to embrace AI+ technologies, optimize product structure, enhance technological innovation, and improve operational efficiency to ensure sustainable business growth [2]. Performance Forecast - For the first quarter of 2025, the company anticipates continued profit growth, attributed to strong demand in its intelligent computing business and successful customer acquisition efforts [9]. - The preliminary financial data for Q1 2025 has not been audited by an accounting firm and will be confirmed in the official report [8][10].

今日聚焦 1、荣盛石化：控股股东拟10亿元-20亿元增持公司股份 荣盛石化公告，控股股东荣盛控股拟自2025年4月8日起6个月内增持不低于10亿元且不超过20亿元公司 股份，增持不设定价格区间，将根据股票价格波动情况及二级市场整体趋势择机实施。中国工商银行浙 江省分行承诺为荣盛控股增持荣盛石化股份提供专项贷款支持，贷款金额不超过18亿元，贷款期限三 年。 2、江丰电子：美国加征关税对公司影响较小 江丰电子公告，经评估，本次美国加征关税对公司经营产生的影响较小。公司采购的主要原材料为各种 高纯度的金属材料，公司作为国内电子材料领域的龙头企业，通过多年布局已实现原材料采购的国内 化、产业链的本土化，构建了安全稳定的供应链体系。因此，本次关税政策对公司现有采购业务的影响 较小。公司的主要产品高纯金属溅射靶材及半导体零部件具有定制化程度高、技术含量高、客户稳定性 强等特点，客户资源较为广泛。2024年公司出口美国的产品收入占公司总营业收入的比例约为1.19%， 占比较低。目前，公司订单充足，经营正常，各项业务稳步推进，未受到显著影响。 3、宁波海运：控股股东之一致行动人拟增持公司不超2%股份 宁波海运公告，公司控股股 ...

Financial Performance - The estimated net profit attributable to shareholders for Q1 2025 is projected to be between 39.70 million RMB and 43.87 million RMB, representing a year-on-year increase of 208.13% to 240.49% compared to 12.88 million RMB in the same period last year[3]. - The estimated net profit after deducting non-recurring gains and losses is expected to be between 33.72 million RMB and 37.89 million RMB, reflecting a growth of 324.60% to 377.11% from 7.94 million RMB in the previous year[3]. - Basic earnings per share are projected to be between 0.16 RMB and 0.18 RMB, compared to 0.05 RMB in the same period last year[3]. Business Development - The significant profit growth is attributed to strong demand in the intelligent computing business and successful new customer acquisition, leading to a substantial increase in orders on hand[6]. - The company is actively implementing measures to accelerate the development of its main business, focusing on cost reduction and efficiency improvement, as well as enhancing R&D efficiency and product competitiveness[6]. Financial Reporting - The financial data presented is preliminary and has not been audited by an accounting firm, with final figures to be disclosed in the Q1 2025 report[5][8].

Financial Performance - The company achieved total operating revenue of CNY 4.03 billion, a year-on-year increase of 10.06%[4] - Net profit attributable to shareholders reached CNY 124.92 million, up 280.73% compared to the previous year[4] - The net profit after deducting non-recurring gains and losses was CNY 107.51 million, reflecting a growth of 309.68% year-on-year[4] - Basic earnings per share increased to CNY 0.50, a rise of 284.62% from the previous year[4] - Total assets at the end of the reporting period were CNY 5.13 billion, representing a 59.74% increase from the beginning of the period[4] - The weighted average return on net assets improved to 6.21%, up from 1.74% in the previous year[4] - The financial data presented is preliminary and subject to change upon final audit[8] Strategic Focus - The company adopted an ODM+OBM dual-drive strategy, actively expanding both domestic and international markets[6] - The company is focusing on AI computing power, providing end-to-end intelligent computing center lifecycle services[6] - The company plans to embrace AI+ and continuously optimize product structure while enhancing technological innovation[6]

Group 1 - The company Zhimi Intelligent (001339) expects a net profit attributable to shareholders of 39.7 million to 43.87 million yuan for the period from January 1, 2025, to March 31, 2025, representing a growth of 208.13% to 240.49% compared to the same period last year, which was 12.8842 million yuan [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses is expected to be between 33.72 million and 37.89 million yuan, showing an increase of 324.60% to 377.11% from the previous year's 7.9416 million yuan [1] - The basic earnings per share are projected to be between 0.16 yuan and 0.18 yuan [1]

公司报告 | 公司点评 智微智能（001339） 证券研究报告 稀缺的 AI 算力全场景服务商，业务推广进展顺利 公司全面拥抱算力，第二增长曲线持续兑现，三大方向发力算力业务： 1）2024 年 1 月智微智能成立子公司腾云智算，专注于提供 AIGC 高性能基 础设施产品的全生命周期服务，已在 24 年 H1 为公司贡献净利润 4827 万 元。腾云智算业务规划包括：1、销售自主品牌算力设备，提供从硬件选型 与配置，到软件定制化配置与优化服务；2、对 GPU 服务器提供第三方专 业维保服务；3、搭建自研云平台，为中小企业等提供碎片化算力租赁服务； 4、提供硬件安装配置、故障处理等全方位运维服务。 2）2025 年初，发布算力一体机，并在 MINI PC、AI 边缘、工作站和信创等 端侧产品线上实现 DeepSeek 大模型的本地化部署。智微智能端侧产品部 署了 DeepSeekR1 从较小参数量到超大参数量的多个版本，有望在端侧部 署趋势下满足不同用户对于计算资源和性能的需求。 3）此外，公司于 2025 年 3 月 7 日成立全资子公司智微智算，经营范围包 括云计算设备销售，人工智能基础资源与技术平台等。 ...