2月27日，华星创业大宗交易成交150万股，成交额837万元，占当日总成交额的13.99%，成交价5.58 元，较市场收盘价6.27元折价11%。 | 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) | | | 2026-02-27 | 300025 | 英雷剑不 | 5.58 | 150.00 | 837.00 天风证券股份有限 | 广发证券股份有限 | | | | | | | 公司成都市一环路 | 公司广州中山三路 | | | | | | | 东五段证券营业部 | 中华广场证券营业 | | | | | | | | ਗ | | 权益类证券大宗交易(协议交易) | | --- | ...

2025年2月到2026年2月，A股市场迎来了一轮强劲的上涨行情。 上证指数从3200点左右起步，一路攀升至4000点上方，累计涨幅达到25.58%。 深证成指的 表现更加抢眼，从11000点附近涨到15000点以上，涨幅高达38.84%。 创业板指更是从2200点飙升至3500点，涨幅接近59%。 科创50指数也不甘示弱，涨幅超过64%。 全市场5484只股票中，有4788只实现了上涨，上涨比例超过87%。 其中869只股票价格翻倍，更有100多只股票涨幅在2倍到20倍之间。 投资者们沉浸在赚钱的喜悦中，社交媒体上到处是晒收益的截图，券商营业部里开户排队的人群络绎不绝。 就在这一片欢腾的市场氛围中，却有700多只股票逆市下跌。 其中跌幅最大的10只股票，股价几乎全部腰斩，跌幅最小的也有42%。 这些股票所属行业各不 相同，有通信服务、环保设备、生物制品、零售、建筑装饰、食品加工、文化传媒、光伏设备、光学光电子等多个领域。 华星创业的股价从年内高点15.88元一路下跌到6.18元，区间跌幅达到63%。 这家通信服务行业的公司，曾经在2023年初达到20.95元的高点，如今股价已经跌回到三年前的水平。 公司20 ...

Core Viewpoint - The company, Huaxing Chuangye, is one of the longest-serving and largest third-party professional companies in the communication service industry, with solid industry performance and rich experience [1] Company Summary - Huaxing Chuangye has accumulated substantial industry achievements over its operational history [1] - The company emphasizes its significant scale in the communication service sector [1]

Group 1 - The company is focusing on the new generation 5G+ business segment, specifically in the area of virtual reality applications [2] - The company has reported specific outcomes from its efforts in the virtual reality business [2]

以本次披露业绩预告均值计算，公司近年市盈率（TTM）图如下所示： 市净率(LF)历史分位(%) (%) 90 99,24 8907 80 80x15 _80q45 77.89 70 60 54.22 50 40 3652 30 22618 20 10 0- 2020-12-37 I 2027-12-37 2021-06-30 022-12-37 16-30 · 2n~ 资料显示，公司的主营业务为提供移动通信技术服务和相关产品的研发、生产和销售。 据公告，2025年度，公司预计亏损的主要原因系：（1）报告期内，5G建设高峰过去，公司营业收入下降，毛利额减少；（2）报告期内，公司虚拟现实业 务研发、运营、资产摊销等投入较大，业务收入尚未形成规模，亏损金额较大；（3）报告期内，三体业务开展不及预期，公司拥有的三项科幻系列小说 《三体》相关许可使用权出现了减值迹象，经公司聘请的专业评估机构审慎评估及初步减值测试，对该三项许可使用权计提较大金额减值准备。本报告期预 计非经常性损益为负值，对归属于上市公司股东的净利润产生约200万元–500万元的影响。 历年总营收、净利同比增长情况(%) 200 - 96 100 0 - ...

智通财经APP讯，华星创业(300025.SZ)披露2025年度业绩预告 ，公司预计归属于上市公司股东的净亏 损1.2亿元至1.65亿元;扣除非经常性损益后的净亏损1.18亿元至1.6亿元。 ...

Core Viewpoint - Huaxing Chuangye is expected to report a net loss attributable to shareholders of the listed company ranging from 120 million to 165 million yuan for the year 2025, primarily due to declining revenue from 5G construction, significant investments in virtual reality business, and impairment of rights related to the "Three-Body" series [1] Group 1: Financial Performance - The projected net loss for 2025 is between 120 million and 165 million yuan [1] - The expected net profit, excluding non-recurring gains and losses, is projected to be a loss of 118 million to 160 million yuan [1] - The anticipated impact of non-recurring gains and losses on net profit attributable to shareholders is estimated to be between 2 million and 5 million yuan [1] Group 2: Reasons for Loss - The decline in revenue is attributed to the peak of 5G construction having passed, leading to reduced operating income and gross profit [1] - Significant expenditures in research, operation, and asset amortization for the virtual reality business have resulted in substantial losses, as the revenue from this segment has not yet reached a scale [1] - The performance of the "Three-Body" business has not met expectations, leading to indications of impairment for the rights related to the three science fiction novels, necessitating a large impairment provision based on a careful assessment by a professional evaluation agency [1]

证券代码：300025 证券简称：华星创业 公告编号：2026-003 杭州华星创业通信技术股份有限公司 关于 2025 年度拟计提资产减值准备的公告 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。 一、本次拟计提资产减值准备情况描述 1、本次拟计提资产减值准备的原因 杭州华星创业通信技术股份有限公司（以下简称"公司"）根据《企业会计 准则》及公司会计政策的相关规定，为真实、准确的反映公司截至 2025 年 12 月 31 日的财务状况、资产价值及经营成果，基于谨慎性原则，公司合并报表范 围内各公司对所属资产进行减值测试，并对存在减值迹象的资产计提减值准备。 2、本次拟计提资产减值准备的资产范围和总金额 公司及下属子公司对 2025 年 12 月末的金融资产、存货、固定资产、无形资 产等资产进行清查，并对上述资产可收回金额进行充分的分析和评估，对可能发 生资产减值损失的相关资产计提减值准备，预计 2025 年全年计提资产减值准备 金额合计约为 7,207.10 万元，本次拟计提资产减值准备情况未经会计师事务所 审计。具体明细如下： 资产减值准备明细表 单位：万 ...

Core Viewpoint - The company anticipates a revenue decline for the year 2025, projecting between 550 to 620 million yuan, compared to 691 million yuan in the previous year, alongside significant net losses attributed to various operational challenges [1] Financial Performance - Expected revenue for 2025 is projected to be between 550 million to 620 million yuan, down from 691 million yuan in the same period last year [1] - The net loss attributable to shareholders is estimated to be between 120 million to 165 million yuan, compared to a loss of 78.48 million yuan in the previous year [1] - The net loss after deducting non-recurring items is projected to be between 118 million to 160 million yuan, compared to a loss of 82.64 million yuan in the same period last year [1] Operational Challenges - The primary reasons for the losses include the decline in revenue and gross profit due to the peak of 5G construction passing, significant investments in virtual reality business without achieving scale, and underperformance in the three-body business leading to impairment of related licensing rights [1] - Non-recurring gains and losses are expected to be negative, impacting approximately 2 to 5 million yuan [1]

证券代码：300025 证券简称：华星创业 公告编号：2026-002 杭州华星创业通信技术股份有限公司 2025年度业绩预告 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。 一、本期业绩预计情况 二、与会计师事务所沟通情况 本次业绩预告相关数据是公司财务部门初步测算的结果，未经会计师事务所 审计。公司已就本次业绩预告有关事项与会计师事务所进行预沟通，公司与会计 师事务所在业绩预告方面不存在重大分歧。 三、业绩变动原因说明 2025 年度，公司预计亏损的主要原因系：（1）报告期内，5G 建设高峰过去， 公司营业收入下降，毛利额减少；（2）报告期内，公司虚拟现实业务研发、运 营、资产摊销等投入较大，业务收入尚未形成规模，亏损金额较大；（3）报告 期内，三体业务开展不及预期，公司拥有的三项科幻系列小说《三体》相关许可 使用权出现了减值迹象，经公司聘请的专业评估机构审慎评估及初步减值测试， 对该三项许可使用权计提较大金额减值准备。 本报告期预计非经常性损益为负值，对归属于上市公司股东的净利润产生约 200 万元–500 万元的影响。 （一）业绩预告期间 2025 年 ...