证券代码：002881 证券简称：美格智能 公告编号：2025-075 美格智能技术股份有限公司 关于股份回购进展的公告 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。 美格智能技术股份有限公司（以下简称"公司"）于2024年11月1日召开了 第四届董事会第四次会议，于2024年11月14日召开了2024年第四次临时股东大会, 审议通过了《关于回购公司股份方案的议案》，同意公司使用自有资金或专项贷 款资金，以集中竞价交易方式回购公司部分A股社会公众股，用于注销并减少公 司注册资本。本次回购金额不低于人民币3,000万元（含），且不超过人民币6,000 万元（含），回购价格不超过35.15元/股（含），具体回购股份数量以回购期满 时实际回购的股份数量为准。回购股份的实施期限自公司股东大会审议通过回购 股份方案之日起不超过12个月。具体内容详见公司分别于2024年11月5日、2024 年 11 月 15 日 、 2024 年 11 月 20 日 刊 登 在 《 证 券 时 报 》 及 巨 潮 资 讯 网 （www.cninfo.com.cn）上的《关于回购公司股份 ...

Core Viewpoint - The company, Meige Intelligent (002881.SZ), has initiated a share buyback program, reflecting its commitment to enhancing shareholder value through capital management [1] Group 1: Share Buyback Details - The company implemented its first share buyback on December 27, 2024 [1] - As of August 31, 2025, the company has repurchased a total of 568,500 shares, which represents 0.22% of its total share capital [1] - The highest transaction price for the repurchased shares was 34.67 yuan per share, while the lowest was 29.01 yuan per share [1] - The total amount of funds used for the buyback, excluding transaction fees, was 17.9473 million yuan [1]

Financial Performance - The company reported a total revenue of 1.886 billion yuan for the first half of 2025, representing a year-on-year increase of 44.5% [1] - The net profit attributable to shareholders reached 84.17 million yuan, up 151.38% year-on-year [1] - In Q2 2025, total revenue was 889 million yuan, showing a year-on-year growth of 21.65%, while net profit for the quarter was 37.86 million yuan, an increase of 40.15% year-on-year [1] - The gross margin was 13.36%, down 19.44% year-on-year, while the net margin improved to 4.46%, up 77.46% year-on-year [1] - Total expenses (selling, administrative, and financial) amounted to 52.67 million yuan, accounting for 2.79% of revenue, a decrease of 49.53% year-on-year [1] Balance Sheet and Cash Flow - Accounts receivable increased significantly, with a year-on-year growth of 55.59%, reaching 981 million yuan [1] - The company’s interest-bearing debt rose by 106.44% to 509 million yuan [1] - Cash flow from operations per share was -0.32 yuan, a decrease of 66.83% year-on-year [1] Investment Insights - The company's return on invested capital (ROIC) was 8.03% last year, indicating average capital returns [3] - The historical median ROIC since the company went public is 12.76%, with the lowest recorded ROIC at 3.33% in 2020 [3] - Analysts expect the company's performance in 2025 to reach 206 million yuan, with an average earnings per share of 0.79 yuan [3] Fund Holdings - The largest fund holding the company’s shares is the Xin Yuan CSI 1000 Index Enhanced Fund, with 10,700 shares newly added to its top holdings [4] - Other funds that have recently increased their holdings include Minsheng Jia Yin and CITIC Jiantou [4]

Group 1: Recommended Stocks - Torch Electronics (603678.SH) shows confidence with an employee stock ownership plan despite a 20.04% decline in revenue to CNY 2.8 billion in 2024[9] - Jiejie Microelectronics (300623.SZ) reported a 35.05% increase in revenue to CNY 2.845 billion and a 115.87% rise in net profit to CNY 473 million in 2024[13] - Meige Intelligent (002881.SZ) leads in smart cockpit modules with a 35.1% market share, achieving 881,000 units shipped in 2024[19] - Kingsoft Office (688111.SH) achieved a revenue of CNY 26.57 billion in H1 2025, a 10.12% year-on-year increase[20] - Parker New Materials (605123.SH) aims for high-end markets with a focus on aerospace and energy sectors, despite a 46.37% drop in net profit in 2024[25] - Jinyinhai (300619.SZ) is a leader in lithium battery equipment, expecting revenues of CNY 18.95 billion in 2025[29] Group 2: Financial Metrics and Projections - Torch Electronics forecasts EPS of CNY 1.10, 1.40, and 1.74 for 2025-2027[12] - Jiejie Microelectronics anticipates EPS of CNY 0.78, 1.02, and 1.35 for 2025-2027[16] - Kingsoft Office projects net profits of CNY 17.68 billion, 21.50 billion, and 26.93 billion for 2025-2027, with a PE ratio of 84, 69, and 55 respectively[23] - Jinyinhai expects net profits of CNY 0.11 billion, 0.80 billion, and 2.60 billion for 2025-2027, with a PE ratio of 318.45X, 45.82X, and 14.01X[35]

Economic News - The Ministry of Industry and Information Technology has issued guidelines to optimize business access and promote the development of the satellite communication industry, aiming for over 10 million satellite communication users by 2030 [1] - From January to July, the total profit of industrial enterprises above designated size decreased by 1.7% year-on-year, with state-owned enterprises seeing a 7.5% decline, while private enterprises experienced a 1.8% increase [1] - The Ministry of Commerce highlighted a shift in consumption patterns towards a balance between goods and services, with upcoming policies to stimulate service consumption [1] - The Shanghai government has released implementation opinions to accelerate the renovation of urban villages, focusing on areas with urgent public needs [1] - Guangzhou's city government emphasized the importance of urban renewal and quality improvement, particularly in urban villages and old communities [1] - In July, profits in high-tech manufacturing turned from a decline to growth, indicating a recovery in that sector [1] Company Insights - Nvidia has raised concerns about potential lawsuits due to the U.S. government's profit-sharing requirements [5] - Meituan plans to eliminate "overdue fines" for its delivery riders by the end of 2025 [5] - Apple is generating buzz with its upcoming fall event, with speculation about discontinuing seven products [5] - Xiaomi is set to launch its new operating system, Surge OS 3, highlighting its commitment to enhancing system experience [5] - Alibaba has developed an AI model for emergency chest pain scenarios, significantly reducing diagnosis time for acute aortic syndrome [5] Investment Strategy - The report suggests that the A-share market is in a slow bull phase, driven by short-term liquidity and a decline in traditional investment channels like real estate [6][8] - The market is expected to see structural opportunities, particularly in technology sectors, as the overall economic environment improves [9][10] - The report anticipates significant mid-term upward potential for the index, with a target of breaking through 4000 points [13] - The long-term outlook for the Chinese capital market is optimistic, with expectations of a shift from a bear market to a bull market driven by policy reforms and improved investor confidence [11][12] Company Performance - Ping An Bank reported a revenue of 69.39 billion yuan and a net profit of 24.87 billion yuan for the first half of 2025, with a year-on-year decline of 10% and 3.9% respectively [14] - The bank's non-interest income showed signs of improvement, contributing to a narrowing of revenue decline [15] - The total assets of Ping An Bank increased by 2.1% year-on-year, with a focus on optimizing loan structures and reducing high-risk products [16] - The bank's asset quality has improved, with a non-performing loan ratio of 1.05% and a coverage ratio of 238.5% [17][18] - The investment recommendation for Ping An Bank remains strong, with projected net profit growth rates of -3.3%, 0.9%, and 3.7% for 2025-2027 [19]

智通财经APP讯，美格智能(002881.SZ)发布2025年半年度报告，报告期内，公司实现营业收入18.86亿 元，同比增长44.50%。实现归属于上市公司股东的净利润8416.68万元，同比增长151.38%。实现归属于 上市公司股东的扣除非经常性损益的净利润8233.49万元，同比增长157.87%。基本每股收益0.32元。 ...

Core Insights - The company, Meige Intelligent, has announced that its wireless communication modules, smart modules, and high-performance AI modules can provide high-speed communication and edge computing capabilities for products such as robots and robotic dogs [1] Group 1 - The company will showcase a humanoid robot prototype at the 2025 CES, which incorporates a 48 Tops high-performance AI module developed by the company [1] - The company aims to continue promoting the application of high-speed communication and edge AI technology in the robotics sector [1]

Core Insights - The company, Meige Intelligent, has announced that its wireless communication modules, smart modules, and high-performance AI modules can provide high-speed communication and edge computing capabilities for products such as robots and robotic dogs [1] Group 1 - The company plans to showcase a humanoid robot prototype at the 2025 CES, which will feature a 48 Tops high-performance AI module developed by the company [1] - The company is committed to advancing high-speed communication and edge AI technology applications in the robotics sector [1]

美格智能公告，2025年上半年营业收入18.86亿元，同比增长44.50%。归属于上市公司股东的净利润 8416.68万元，同比增长151.38%。基本每股收益0.32元/股，同比增长146.15%。公司计划不派发现金红 利，不送红股，不以公积金转增股本。 ...

美格智能技术股份有限公司 2025年半年度募集资金存放与使用情况专项报告 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。 证券代码：002881 证券简称：美格智能 公告编号：2025－074 一、募集资金基本情况 (一) 实际募集资金金额和资金到账时间 经中国证券监督管理委员会《关于核准美格智能技术股份有限公司非公开发 行股票的批复》（证监许可〔2022〕533 号）的核准，公司向特定对象非公开发 行人民币普通股 21,208,503 股，每股发行价格为人民币 28.46 元，募集资金总 额为人民币 60,359.40 万元，扣除发行费用（不含增值税）人民币 1,066.35 万 元，实际募集资金净额为人民币 59,293.05 万元。上述募集资金到位情况已经信 永中和会计师事务所（特殊普通合伙）验证，并出具了（XYZH/2023SZAA7B0002 号）《验资报告》。 (二) 募集资金使用和结余情况 截至2025年6月30日，公司累计投入募集资金项目的金额为26,745.64万元， 其中置换募集资金到位之前利用自有资金先期投入募集资金项目的金额为 4,14 ...