炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！ 炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！ 量子科技作为引领未来的战略性技术，始终受到国家层面的高度重视与政策扶持，在国家政策的引导 下，量子通信的研发投入持续加大、产业生态不断完善，"产学研用"协同发展格局逐步形成，推动量子 技术从实验室走向实际应用，助力我国在全球量子通信领域保持领先地位，也为企业布局量子领域提供 了良好的政策环境与发展机遇。 量子科技作为引领未来的战略性技术，始终受到国家层面的高度重视与政策扶持，在国家政策的引导 下，量子通信的研发投入持续加大、产业生态不断完善，"产学研用"协同发展格局逐步形成，推动量子 技术从实验室走向实际应用，助力我国在全球量子通信领域保持领先地位，也为企业布局量子领域提供 了良好的政策环境与发展机遇。 作为全球专网通信领域领先企业，海能达依托30余年的技术沉淀与全球化市场布局，紧扣国家政策导 向，聚焦专网通信与量子加密技术的融合创新，逐步实现技术研发与商业化落地的稳步推进，于2023年 6月与中电信量子集团正式签订战略合作协议，并于2024年3月双方再次举行会谈 ...

2月4日，海能达大宗交易成交28.88万股，成交额284.18万元，占当日总成交额的1.04%，成交价9.84 元，较市场收盘价11.02元折价10.71%。 | 交易日期 | 证券代码 | 证券简称 | 成交价格 | 成交量 | 成交金额 | 买方营业部 | 卖方营业部 | | --- | --- | --- | --- | --- | --- | --- | --- | | | | | (元) | (万股/万份) | (万元) | | | | 2026-02-04 | 002583 | 海能达 | 9.84 | 28.88 | 284.18 | 东北证券股份有限 | 国金证券股份有限 | | | | | | | | 公司烟台分公司 | 公司深圳分公司 | ...

公司表示，扣非净利润显著增长主要得益于综合毛利率稳定提升，以及负债结构优化、融资成本下降、汇兑收益增加带来的财务费用显著改善，同时法务 费用同比下降。报告期内，公司完成了子公司Teltronic,S.A.U.的股权出售，确认投资收益约8,100万元。剔除出售子公司的影响，公司2025年度营业收入及 扣非净利润均实现增长。 公告指出，报告期内扣非净利润增长而归母净利润亏损，主要系公司针对美国法院关于H系列DMR产品许可费的一审判决结果计提了约1.1亿美元的预计负 债所致。公司不认可该一审判决结果，已提起上诉，并表示将采取一切必要法律措施维护自身权益。 同时，公司披露了与美国司法部（DOJ）相关案件的风险提示。公司已于2024年年度报告中对与DOJ达成的协议全额计提预计负债6,000万美元。美国法院 拟于2026年3月5日召开听证会审理协议金额及赔偿金事宜。 1月30日，海能达发布《2025年度业绩预告》。公告显示，公司2025年度预计归属于上市公司股东的净利润为亏损19,000万元至29,000万元，较上年同期亏 损348,461.57万元大幅收窄91.68%至94.55%。扣除非经常性损益后的净利润预计为盈利 ...

Core Viewpoint - The company expects a negative net profit for the fiscal year 2025, primarily due to a significant provision related to a legal judgment regarding licensing fees for its H series DMR products [1][3]. Group 1: Performance Forecast - The performance forecast period is from January 1, 2025, to December 31, 2025 [1]. - The company anticipates a negative net profit for the period [1]. Group 2: Reasons for Performance Changes - The company has focused on market expansion, operational efficiency, and R&D innovation, leading to increased marketing and R&D investments [2]. - Excluding the impact of the sale of subsidiary Teltronic, S.A.U., both operating revenue and net profit (excluding non-recurring items) are expected to grow [2]. - The significant growth in net profit (excluding non-recurring items) is attributed to improved gross margin, optimized debt structure, reduced financing costs, and increased foreign exchange gains [2]. Group 3: Legal and Financial Issues - The company recorded a provision of approximately $110 million related to a legal judgment on licensing fees, which significantly impacted the net profit [3]. - The company does not accept the court's judgment and has appealed the decision, taking necessary legal actions to protect its rights [3]. Group 4: Other Relevant Information - The performance forecast is based on preliminary calculations by the company's finance department and has not been audited [6]. - The company will adhere to legal and regulatory requirements for timely information disclosure [6].

Core Viewpoint - The company, HaiNengDa, forecasts a revenue of 5.8 billion to 6.2 billion yuan for 2025, with a net loss expected between 190 million to 290 million yuan, showing improvement from the previous year's loss of 3.485 billion yuan [1] Group 1: Financial Performance - The projected revenue for 2025 is between 5.8 billion and 6.2 billion yuan, compared to 6.142 billion yuan in the previous year [1] - The expected net loss for 2025 is between 190 million and 290 million yuan, a significant improvement from the previous year's loss of 3.485 billion yuan [1] - The company anticipates a net profit of 250 million to 350 million yuan after excluding non-recurring gains and losses, compared to a profit of 197 million yuan in the previous year [1] Group 2: Strategic Initiatives - The company has focused on market expansion, operational efficiency, and R&D innovation, increasing investments in marketing and R&D, as well as expanding into new markets and industries [1] - The company has achieved initial success in developing new technologies and applying artificial intelligence, laying a solid foundation for long-term sustainable development [1] Group 3: Financial Improvements - The significant growth in net profit after excluding non-recurring items is attributed to a stable increase in gross profit margin, improved financial costs due to optimized debt structure, and increased foreign exchange gains [1] - Legal fees have significantly decreased compared to the previous year, contributing to overall financial improvement [1] Group 4: Legal Matters - The company's net profit loss is primarily due to a provision of approximately 110 million USD related to a first-instance judgment regarding licensing fees for the H series DMR products [2] - The company does not accept the U.S. court's judgment and has appealed the decision, taking necessary legal measures to protect its rights [2] - The company continues to invest in R&D to promote the development of proprietary communication technology standards and products [2]

Core Viewpoint - The company, HaiNengDa, forecasts a revenue of 5.8 billion to 6.2 billion yuan for 2025, with a net loss expected between 190 million to 290 million yuan, showing improvement from the previous year's loss of 3.485 billion yuan [1] Group 1: Financial Performance - The projected revenue for 2025 is between 5.8 billion and 6.2 billion yuan, compared to 6.142 billion yuan in the previous year [1] - The expected net loss for 2025 is between 190 million and 290 million yuan, a significant improvement from the previous year's loss of 3.485 billion yuan [1] - The company anticipates a net profit of 250 million to 350 million yuan after excluding non-recurring gains and losses, compared to a profit of 197 million yuan in the previous year [1] Group 2: Strategic Initiatives - The company has focused on market expansion, operational efficiency, and R&D innovation, increasing investments in marketing and R&D, as well as expanding into new markets and industries [1] - The company has achieved initial success in developing new technologies and applying artificial intelligence, laying a solid foundation for long-term sustainable development [1] Group 3: Financial Improvements - The significant growth in net profit after excluding non-recurring items is attributed to a stable increase in gross profit margin, improved financial costs due to optimized debt structure, and increased foreign exchange gains [1] - Legal fees have significantly decreased compared to the previous year, contributing to overall financial improvement [1] Group 4: Legal Matters - The company's net profit loss is primarily due to a provision of approximately 110 million USD related to a first-instance judgment regarding licensing fees for the H series DMR products [2] - The company does not accept the U.S. court's judgment and has appealed the decision, taking all necessary legal measures to protect its rights [2] - The company continues to invest in R&D to promote the development of proprietary communication technology standards and products [2]

Core Viewpoint - The stock price of Hainengda has shown fluctuations, with a recent increase of 2.06% and a total market capitalization of 20.732 billion yuan, indicating active trading and interest from investors [1]. Group 1: Stock Performance - Hainengda's stock price has increased by 0.71% since the beginning of the year, but has decreased by 2.98% over the last five trading days [2]. - Over the past 20 days, the stock has risen by 5.46%, while it has only increased by 0.35% over the last 60 days [2]. Group 2: Company Overview - Hainengda Communication Co., Ltd. is based in Nanshan District, Shenzhen, Guangdong Province, and was established on May 11, 1993, with its stock listed on May 27, 2011 [2]. - The company specializes in the research, production, and sales of professional wireless communication equipment, including intercom terminals and cluster systems, and is a leading provider in the industry [2]. - The revenue composition of Hainengda is as follows: terminals account for 44.36%, systems for 42.37%, and OEM and others for 13.27% [2]. Group 3: Financial Performance - For the period from January to September 2025, Hainengda reported a revenue of 3.746 billion yuan, a year-on-year decrease of 10.26%, and a net profit attributable to shareholders of 186 million yuan, down 26.00% year-on-year [2]. - The company has distributed a total of 309 million yuan in dividends since its A-share listing, with no dividends paid in the last three years [3]. Group 4: Shareholder Information - As of September 30, 2025, Hainengda had 257,200 shareholders, a decrease of 11.45% from the previous period, with an average of 4,987 circulating shares per person, an increase of 12.94% [2]. - The top ten circulating shareholders include Hong Kong Central Clearing Limited, which holds 13.6172 million shares, a decrease of 350,900 shares from the previous period [3].

Group 1 - The company announced that its controlling shareholder, Mr. Chen Qingzhou, has pledged 7.98 million shares to Shanghai Pudong Development Bank, Shenzhen Branch [2] - Additionally, Mr. Chen has also completed the release of 10.03 million shares from pledge [2]

关于控股股东股份质押及部分股份解除质押的公告 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。 海能达通信股份有限公司（以下简称"公司"）近日收到控股股东陈清州先生通 知，获悉陈清州先生与上海浦东发展银行股份有限公司深圳分行（以下简称"浦发银 行"）办理了股份质押手续，并与浦发银行办理了部分股份解除质押的手续，具体如 下： 一、股东本次股份质押的基本情况 | | 陈清州 | | | 称 | 股东名 | | | --- | --- | --- | --- | --- | --- | --- | | 798 | 是 | | 致行动人 | 第一大股 （万股） 东及其一 | 质押股数 | 是否为控 股股东或 | | 1.12% | 0.44% | | 比例 | 股本 比例 | 司总 持股份 | 占公 占其所 | | | 是 | | | 售股 | 为限 | 是否 | | | 否 | | 押 | 充质 | 为补 | 是否 | | 20 日 | 年 1 月 | 2026 | | 日 | 起始 | 质押 | | 19 日 | 年 1 月 | 2027 | | 日 | 质押 到期 ...

Core Viewpoint - The company is expected to report a negative net profit for the year 2025 due to provisions for litigation-related liabilities, indicating a loss in operational performance [2] Group 1: Business Expansion - The company is strengthening its domestic market presence while expanding into sectors such as railways, mining, electricity, and commercial terminals, alongside launching AI private network plans [2] - The company has established a presence in over 120 countries and regions, with a growing number of distributors and partners, achieving leading market positions in certain countries and regions [2] - The company has provided dedicated communication solutions to over 18 million global industry users and has constructed over 30 national-level private networks and more than 800 public safety communication private networks, leading in service coverage and industry depth [2] Group 2: Innovation in Profit Model - The company is increasingly focusing on operational and subscription-related orders in overseas markets, delegating some operational and subscription services to partners while providing core technical support [2] - The company aims to explore innovative business models in operational and subscription services to leverage its advantages and uncover additional revenue opportunities [2] Group 3: OEM Business and New Ventures - The company possesses a complete capability in "self-research, self-manufacturing, and self-marketing" within its OEM business, focusing on three main areas: new energy vehicle electronics, robotics, and communication servers [3] - The new energy vehicle electronics business has seen rapid growth, securing orders from leading automotive companies as the penetration rate of new energy vehicles continues to rise [3] - The AI private network is a key development direction for the company in 2025, with ongoing efforts in platform, terminal, and network sides, including solutions like unmanned vehicles and anti-drone equipment [3] - The company is working on self-developed chips to address critical supply issues and aims to create smarter and more efficient private network communication solutions [3] - A strategic cooperation agreement has been signed with China Telecom Quantum to explore quantum communication technologies, enabling rapid product and service provision when industry demand arises [3]