格隆汇9月2日丨普天科技(002544.SZ)公布，近日，中电科普天科技股份有限公司收到持股5%以上股东 产业投资基金有限责任公司(简称"产业投资基金")出具的《关于减持股份触及1%的整数倍的告知函》， 产业投资基金于2025年8月23日至2025年9月1日通过证券交易所集中竞价的方式合计减持公司股份 5,965,600股，占公司当前总股本的0.8766%。本次权益变动后，产业投资基金持有公司股份40,625,490 股，占公司总股本的5.9696%，权益变动触及1%的整数倍。 ...

格隆汇9月2日丨普天科技(002544.SZ)公布，近日，中电科普天科技股份有限公司收到持股5%以上股东 产业投资基金有限责任公司(简称"产业投资基金")出具的《关于减持股份触及1%的整数倍的告知函》， 产业投资基金于2025年8月23日至2025年9月1日通过证券交易所集中竞价的方式合计减持公司股份 5,965,600股，占公司当前总股本的0.8766%。本次权益变动后，产业投资基金持有公司股份40,625,490 股，占公司总股本的5.9696%，权益变动触及1%的整数倍。 ...

Group 1 - The major shareholder, Industrial Investment Fund Co., Ltd., reduced its stake in Putian Technology by 5,965,600 shares, representing 0.8766% of the total share capital [1] - After the reduction, the Industrial Investment Fund holds 40,625,490 shares, which is 5.9696% of the total share capital [1] - The reduction occurred between August 23, 2025, and September 1, 2025, through centralized bidding on the stock exchange [1] Group 2 - The announcement confirms that the information provided by the Industrial Investment Fund is true, accurate, and complete [2] - The board of directors of Putian Technology ensures that the announcement aligns with the information disclosed by the obligated information provider [2]

证券代码：002544 证券简称：普天科技 公告编号：2025-042 中电科普天科技股份有限公司 关于持股5%以上股东减持公司股份触及1%的公告 | 1．基本情况 | | | | | --- | --- | --- | --- | | 信息披露义务人 | | 产业投资基金有限责任公司 | | | 住所 | | 北京市海淀区清河路 135 号 D 座 2 | 层（东升地区） | | 权益变动时间 | 2025 年 8 | 月 23 日至 2025 年 9 月 1 日 | | | 权益变动过程 | | 产业投资基金于 2025 年 8 月 23 日至 证券交易所集中竞价的方式合计减持公司股份 股，占公司当前总股本的 0.8766%。 | 2025 年 9 月 1 日通过 5,965,600 | | 股票简称 | 普天科技 | 股票代码 | 002544 | | 变动类型（可多选） | 增加□ 减少☑ | 一致行动人 | 有□ 无☑ | | 是否为第一大股东或实际控制人 | | | 是□ 否☑ | | 2．本次权益变动情况 | | | | 1 股份种类（A 股、B 股等） 减持股数（股） 减持比例（%） A 股 ...

智通财经APP获悉，中国银河证券发布研报称，8月通信行业涨幅居全行业首位，此轮上涨主要动因在 于业绩驱动。在估值不确定性和业绩确定性的AI+大发展趋势下，通信AI景气度仍处上升通道，估值仍 然低位区域。政策支持力度加大，科技引领，新质生产力筑基，高成长性增强。算力数据中心存在大型 化、高速互连化的趋势，而通信行业作为信号传输的关键环节，受益于大型智算中心的增长、数据互联 速率不断提升的驱动以及应用场景的进一步开拓，市场空间有望进一步打开，展望未来，通信行业有望 走出长牛态势。 中国银河证券主要观点如下： 业绩超预期，通信AI景气度仍处上升通道，估值仍然低位区域。 此轮上涨主要动因在于业绩驱动，通信行业相关公司业绩超预期的同时也逐步向上下游相关企业赋能。 通信行业相关公司较早布局，且同人工智能基础设施的契合度较高，在全球人工智能行业下游企业资本 开支不断超预期的基础上，凭借目身优质的工业化能力以及产品的多样性，其全球市场份额止在持续提 升，在行业高景气β中自身的α也持续上行。若以2025年业绩为锚，相关企业虽然估值中枢有所提升， 但若以Wnd一致预期业绩作为标准，明年仍处于相对低估态势，未来整体估值区间处于20 ...

证券日报网讯普天科技8月29日在互动平台回答投资者提问时表示，公司与氦星光联（深圳）有限公 司、北京忆芯科技有限公司在之江实验室正式签署战略合作协议，拟成立联合企业研发中心。此次合作 旨在整合三方技术优势，共同参与国家卫星互联网战略建设，助力空天智算领域关键技术突破与商业化 落地。 （文章来源：证券日报） ...

证券代码：002544 证券简称：普天科技 公告编号：2025-041 中电科普天科技股份有限公司 关于获得政府补助的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 一、获取补助的基本情况 2.补助的确认和计量 按照《企业会计准则第 16 号—政府补助》的规定，与收益相关的政府补助， 应当分情况按照以下规定进行会计处理：用于补偿企业以后期间的相关成本费用 或损失的，确认为递延收益，并在确认相关成本费用或损失的期间，计入当期损 益或冲减相关成本；用于补偿企业已发生的相关成本费用或损失的，直接计入当 期损益或冲减相关成本。本次公司收到的为用于补偿企业已发生的相关成本费用 或损失，于收到当期计入当期损益。 中电科普天科技股份有限公司（以下简称"公司"或"普天科技"）于近日 获得政府补助资金 150 万元，占公司最近一期经审计归属于上市公司股东净利润 的 12.59 %。 二、补助的类型及其对公司的影响 1.补助的类型 根据《企业会计准则第 16 号—政府补助》的规定，与资产相关的政府补助， 是指企业取得的、用于购建或以其他方式形成长期资产的政府补助；与收益相关 ...

Investment Rating - The investment rating for the company is "Recommended" [6] Core Views - The company is positioned as a leader in the satellite internet sector and is part of the "national team" focused on advancing satellite communication technology. It aims to develop a comprehensive technology system integrating air and space, with significant growth potential in emerging industries such as AI computing and low-altitude economy [4][6] - The company reported a revenue of 2.024 billion yuan for the first half of 2025, a year-on-year decrease of 16.96%, and a net profit attributable to shareholders of -21 million yuan, compared to a profit of 39 million yuan in the same period last year [1][2] Summary by Sections Financial Performance - The company experienced a significant decline in revenue across its main business segments: public network communication down 9.04%, private network communication down 27.16%, and smart manufacturing down 11.32%. The overall gross margin decreased to 14.14%, down 3.45 percentage points year-on-year, with the smart manufacturing segment's gross margin dropping by 6.48 percentage points due to rising precious metal prices [2] - Despite the profit pressure, the net cash flow from operating activities improved significantly compared to the previous year, indicating better cash flow management [2] Business Strategy - The company is actively pursuing strategic emerging industries, particularly in the field of space computing. It has successfully launched China's first fully interconnected space computing satellite constellation, marking a significant milestone in its growth strategy [3] - A strategic cooperation agreement was signed with Helium Star Light Technology Co., Ltd. and Beijing Yixin Technology Co., Ltd. to establish a joint R&D center focused on building a space computing constellation and developing high-speed data transmission technologies [3] Financial Forecast - The projected net profit attributable to shareholders for 2025-2027 is estimated at 108 million, 145 million, and 201 million yuan, respectively, with corresponding PE ratios of 161X, 120X, and 87X [4][5] - The expected revenue growth rates for the years 2025 to 2027 are 10.5%, 10.7%, and 10.9%, respectively, indicating a recovery trend after the current downturn [5][10]

Financial Performance - The company reported total revenue of 2.024 billion yuan for the first half of 2025, a year-on-year decrease of 16.96% compared to 2.437 billion yuan in 2024 [1] - The net profit attributable to shareholders was -20.8032 million yuan, down 152.91% from a profit of 39.3201 million yuan in the previous year [1] - The gross margin was 14.14%, a decline of 19.63% year-on-year, while the net margin was -1.18%, a drop of 179.91% [1] - The company’s accounts receivable reached 3.709 billion yuan, a decrease of 14.89% from 4.358 billion yuan in 2024, but the accounts receivable to net profit ratio was extremely high at 33141.2% [1][3] Cost Structure - Total selling, administrative, and financial expenses amounted to 211 million yuan, accounting for 10.42% of revenue, which is an increase of 7.3% year-on-year [1] - The company’s operating cash flow per share was -0.16 yuan, an increase of 73.36% compared to -0.61 yuan in the previous year [1] Business Model and Strategy - The company relies heavily on research and marketing to drive its performance, with a historical median Return on Invested Capital (ROIC) of 3.59% over the past decade, indicating weak investment returns [3] - The company is focusing on data governance, aiming to build a core capability platform that includes data integration, governance, and security, targeting government and industry sectors [5] - The company is actively involved in satellite internet initiatives, collaborating with partners to enhance technology and service offerings in this area [6] Emergency Communication Solutions - The company provides three main emergency communication solutions: narrowband wireless communication networks, satellite communication networks, and integrated communication solutions using the Tian Tong and Bei Dou systems [8][9][10] - These solutions are designed to enhance communication capabilities during emergencies and ensure effective management of disaster response [8][9][10] Capital Operations - The company aims for high-quality development through both internal and external growth strategies, focusing on capital-driven initiatives to enhance its core capabilities and industry innovation [12]

证券代码：002544 证券简称：普天科技 公告编号：2025-035 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 一、董事会会议召开情况 中电科普天科技股份有限公司（简称"本公司"或"公司"）第七届董事 会第九次会议于 2025 年 8 月 25 日（星期一）下午以通讯表决方式召开，会议通 知和会议资料于 2025 年 8 月 14 日以专人送达或电子邮件方式向全体董事、监事、 高级管理人员发出。本次会议应参与表决董事 9 名，实际参与表决董事 9 名。会 议符合《中华人民共和国公司法》等相关法律、行政法规、部门规章、规范性文 件和本公司《公司章程》的规定，会议合法有效。 中电科普天科技股份有限公司 第七届董事会第九次会议决议公告 二、董事会会议审议情况 经与会董事认真审议，以记名投票表决方式通过了以下议案： 公司董事、高级管理人员保证《公司 2025 年半年度报告》内容真实、准确、 完整，不存在任何虚假记载、误导性陈述或重大遗漏。 本议案已经公司董事会审计委员会审议通过。 《2025 年半年度报告全文》（公告编号 2025-037）及《2025 年半年 ...