Group 1 - The core point of the article is the completion of a share transfer agreement involving 90,967,400 shares of Hai Neng Da Communication Co., Ltd., representing 5.0020% of the company's total share capital, from the controlling shareholder Chen Qingzhou to Zhuhai Hengshun Asset Management Co., Ltd. at a price of 11.18 yuan per share, totaling approximately 1.017 billion yuan [1][2][4]. Group 2 - The share transfer was completed on February 12, 2026, with the registration confirmed by China Securities Depository and Clearing Corporation [2]. - Following the transfer, the shareholding structure of both parties has been updated, maintaining compliance with relevant laws and regulations [3][4]. - The transfer does not result in a change of the controlling shareholder or the actual controller, and it will not significantly impact the company's governance structure or ongoing operations [4].

证券代码：002583 证券简称：海能达 公告编号：2026-006 海能达通信股份有限公司 关于控股股东协议转让部分股份完成过户登记的公告 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"海能达"或"公司"）于 2026 年 2 月 13 日收到公司控股股东、实际控制人陈清州先生通知，其协议转让给珠海市恒顺资产管 理有限公司（代表"恒顺传承一号私募证券投资基金"）（以下简称"恒顺资产"或"受 让方"）的 90,967,400 股股份已经在中国证券登记结算有限责任公司（以下简称"中 国结算"）完成过户登记手续，具体情况如下： 一、本次协议转让的基本情况 公司控股股东陈清州先生与恒顺资产于2025年9月29日签署了《股份转让协议》， 陈清州先生拟将其持有的公司无限售流通股 90,967,400 股（占公司总股本的 5.0020%） 通过协议转让的方式转让给受让方。本次陈清州先生与受让方签署股份转让的价格为 11.18 元/股，股份转让的交易总价合计人民币 1,017,015,532 元。具体内容详见公司 于 2025 年 9 月 ...

Group 1 - Core viewpoint: Hainengda (002583) has attracted attention for its collaboration in the quantum communication field, partnering with China Telecom Quantum Group to integrate private network communication with quantum encryption technology, aligning with national quantum industry development goals [1] - The low-altitude economy policy is favorable for the industry, with a target to achieve low-altitude communication network coverage by 2027, which may benefit Hainengda as a low-altitude economy concept stock [1] Group 2 - Recent stock performance: Hainengda's stock price has shown slight fluctuations over the past 7 trading days, with a closing price of 10.90 yuan on February 12, down 0.73% from the previous day, and a trading volume of 1.07 billion yuan [2] - Financial performance: For the first three quarters of 2025, Hainengda reported 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, primarily due to increased sales and R&D expenses [3] - Institutional views: Analysts maintain a neutral rating on Hainengda, with two institutions issuing buy ratings in the past 90 days; net profit is projected to grow by 108.38% year-on-year in 2025, although the current TTM price-to-earnings ratio is negative, indicating performance pressure [4]

Core Viewpoint - The article highlights the significant growth and transformation of China's broadband network, emphasizing the shift from copper cable to fiber optic connections, and the increasing number of broadband access ports and users, reflecting a trend towards higher speed and full fiber networks [1][9]. Broadband Industry Overview - Broadband networks are defined as communication networks with bandwidth exceeding 155kbps, consisting of backbone and access networks that support various multimedia services [3]. - The industry has evolved from narrowband and dial-up internet to support high-definition video and immersive applications, with typical bandwidth increasing from 64Kbps to current levels of 1Gbps and beyond [3]. Broadband Industry Development History - The transition to fiber-to-the-home (FTTH) has been a key development, with significant upgrades in network infrastructure to meet growing user demands for high-quality digital services [3]. Current State of the Broadband Industry - The broadband network infrastructure in China is rapidly advancing, with a focus on broadband, intelligence, and integration to support diverse new business applications [5]. - As of the end of 2024, the number of fixed internet broadband access ports reached 1.202 billion, with a net increase of 66.12 million from the end of 2023 [1][9]. Key Companies in the Broadband Industry - Major players include China Telecom, China Unicom, and China Mobile, which dominate the market due to their extensive user bases and network coverage [2][10]. - Emerging companies like ZTE, FiberHome, and others are gaining traction in broadband network equipment manufacturing and services [10]. Industry Challenges - The broadband industry faces challenges such as unclear public infrastructure positioning, regional and urban-rural development imbalances, and insufficient service application diversity [12][13]. Future Trends in the Broadband Industry - The industry is expected to evolve towards "full-fiber" access and "cloud-network integration," enhancing speed and network architecture [14]. - The focus will shift from merely providing connectivity to offering comprehensive, intelligent digital service platforms, integrating various applications for enhanced user experience [15]. - There will be an emphasis on ensuring "deterministic experience" and "green low-carbon" development in network planning and operations [16].

Core Insights - Quantum technology is recognized as a strategic technology with significant national importance, receiving strong policy support and investment, which enhances the development of quantum communication and its practical applications [1][4]. Industry Overview - The quantum communication sector is experiencing increased research and development investment, leading to a more complete industrial ecosystem and a collaborative development model among academia, industry, and government [1][4]. - The national policy environment is favorable for companies looking to enter the quantum technology field, providing ample opportunities for growth and innovation [1][4]. Company Collaboration - HaiNengDa, a leading company in the private network communication sector, has over 30 years of technological experience and a global market presence, aligning its focus with national policy by integrating private network communication with quantum encryption technology [1][4]. - In June 2023, HaiNengDa signed a strategic cooperation agreement with China Telecom Quantum Group, and further discussions in March 2024 aimed to leverage each company's strengths in product development, particularly in intercom and platform systems [1][4]. Technological Advancements - China Telecom Quantum Group is a key player in the domestic quantum technology field, possessing a full-chain advantage in equipment manufacturing, network operation, and application services, which enhances the collaboration with HaiNengDa [2][5]. - The partnership aims to quickly penetrate the quantum encryption communication market, creating a unique competitive advantage and technological barrier [2][5]. Practical Applications - HaiNengDa's quantum communication encryption technology has been successfully applied in significant events, such as the 2025 commemoration of the 80th anniversary of the victory in the Chinese People's War of Resistance Against Japanese Aggression, providing an "unbreakable" security barrier for critical communications [2][5]. - The focus on developing quantum encryption intercom terminals and platform systems is tailored to meet the high-security communication needs of sectors like government, public security, and emergency services, thereby enhancing overall communication security [6].

Group 1 - The core transaction involved 288,800 shares of Hai Neng Da, with a total transaction value of 2.8418 million yuan, representing 1.04% of the total trading volume on that day [1][2] - The transaction price was 9.84 yuan per share, which is a discount of 10.71% compared to the market closing price of 11.02 yuan [1][2] - The buyer was Northeast Securities Co., Ltd. (Yantai Branch), and the seller was Guojin Securities Co., Ltd. (Shenzhen Branch) [2]

Group 1 - The company expects a net loss attributable to shareholders for 2025 to be between 190 million yuan and 290 million yuan, a significant reduction of 91.68% to 94.55% compared to the previous year's loss of 3.4846157 billion yuan [2] - The expected net profit after deducting non-recurring gains and losses is projected to be between 250 million yuan and 350 million yuan, representing a growth of 27.13% to 77.98% compared to the previous year's profit of 196.6557 million yuan [2] - The anticipated operating revenue for 2025 is estimated to be between 5.8 billion yuan and 6.2 billion yuan, compared to 6.1421289 billion yuan in the previous year [2] Group 2 - The increase in net profit after deducting non-recurring gains and losses is attributed to a stable improvement in gross profit margin, optimization of debt structure, reduced financing costs, and increased foreign exchange gains, leading to a significant improvement in financial expenses [2] - The company completed the sale of its subsidiary Teltronic, S.A.U., recognizing an investment income of approximately 81 million yuan [2] - The net loss attributable to shareholders is primarily due to a provision of approximately 110 million USD for expected liabilities related to a first-instance judgment regarding licensing fees for H series DMR products, which the company disputes and has appealed [3]

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]