Financial Performance - The company's revenue for Q1 2025 reached ¥17,063,199,840.42, representing a 10.10% increase compared to ¥15,498,274,781.55 in the same period last year[4] - Net profit attributable to shareholders was ¥428,884,756.44, a significant increase of 38.71% from ¥309,201,697.61 year-on-year[4] - Basic earnings per share rose to ¥0.0866, reflecting a 39.23% increase from ¥0.0622 in the previous year[5] - Operating profit for the current period was ¥434,113,159.49, compared to ¥236,451,217.73 in the previous period, indicating a significant increase of 83.5%[26] - The net profit for the current period is approximately ¥453.94 million, an increase of 43.8% compared to ¥315.72 million in the previous period[27] - The net profit attributable to the parent company is approximately ¥428.88 million, up from ¥309.20 million, reflecting a growth of 38.6%[27] - The total comprehensive income for the current period is approximately ¥456.00 million, compared to ¥293.53 million in the previous period, marking a significant increase of 55.5%[28] - The basic earnings per share for the current period is ¥0.0866, an increase from ¥0.0622 in the previous period, representing a growth of 39.2%[28] Cash Flow and Investments - Operating cash flow net amount increased by 29.59% to ¥2,630,443,216.69, compared to ¥2,029,853,982.28 in Q1 2024[10] - Cash flow from operating activities for the current period is approximately ¥2.63 billion, an increase from ¥2.03 billion, reflecting a growth of 29.6%[30] - Cash inflow from investment activities is approximately ¥1.78 billion, compared to ¥427.60 million in the previous period, indicating a substantial increase of 316.5%[31] - Cash outflow from investment activities is approximately ¥4.90 billion, up from ¥1.57 billion, showing an increase of 211.5%[31] - The net cash flow from investing activities was negative at ¥-3,124,764,728.39, a 172.92% decline compared to ¥-1,144,945,814.91 in the same period last year[10] - The net cash flow from financing activities is negative at approximately -¥620.00 million, an improvement from -¥1.54 billion in the previous period[31] Assets and Liabilities - Total assets decreased by 2.31% to ¥79,142,092,274.47 from ¥81,016,048,312.53 at the end of the previous year[5] - Total liabilities decreased to ¥29,831,609,453.70 from ¥32,170,136,422.55, a reduction of 7.4%[23] - The company’s total liabilities decreased, with a notable 60.78% reduction in taxes payable, amounting to ¥103,890,788.38[9] - Cash and cash equivalents were reported at ¥9,964,715,811.41, down from ¥10,988,079,513.19, a decrease of 9.31%[21] - Inventory decreased to ¥6,443,610,344.80 from ¥7,160,552,530.45, reflecting a decline of 10%[21] - Non-current assets totaled ¥51,360,722,572.27, an increase from ¥50,243,267,695.16, showing a growth of 2.22%[22] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 128,112[13] - The largest shareholder, Lens Technology (Hong Kong) Co., Ltd., holds 2,804,509,821 shares, representing 56.28% of the total shares[14] - The second largest shareholder, Changsha Qunxin Investment Consulting Co., Ltd., holds 288,025,612 shares, accounting for 5.78%[14] - The company has a total of 10 major shareholders, with the top 10 holding a significant portion of the shares, including various institutional investors[15] - The total number of shares held by the top 10 unrestricted shareholders is 3,500,000,000 shares[15] - The company reported a total of 23,817,167 shares held in the repurchase account, which accounts for 0.48% of the total shares[15] - The company has a total of 4,416,776 shares under lock-up agreements, with 860,406 shares released during the current period[18] Future Outlook - The company is expected to continue its market expansion and product development strategies in the upcoming quarters[19] - The company has plans for new technology research and development to enhance its competitive edge in the market[19] - The company is actively considering mergers and acquisitions to strengthen its market position and expand its product offerings[19] Research and Development - Research and development expenses surged by 37.73% to ¥791,408,219.17, driven by increased investment in new projects and products[11] - Research and development expenses increased to ¥791,408,219.17, up from ¥574,621,685.93, representing a rise of 37.9%[26] Audit Status - The company has not yet audited the first quarter report for the current year[33]

智通财经4月17日电，蓝思科技(300433.SZ)公告称，2025年第一季度实现营业收入170.63亿元，同比增 长10.10%；归属于上市公司股东的净利润为4.29亿元，同比增长38.71%。公司主要业务智能手机与电脑 类业务增加，导致收入增长。 蓝思科技：一季度净利润同比增长38.71% ...

证券代码：300433 证券简称：蓝思科技 公告编号：临 2025-039 1、2023年7月28日，蓝思科技股份有限公司召开第四届董事会第十六次会议， 审议通过了《关于公司<2023年限制性股票激励计划（草案）>及其摘要的议案》 《关于公司<2023年限制性股票激励计划实施考核管理办法>的议案》及《关于提 请股东大会授权董事会办理2023年限制性股票激励计划相关事宜的议案》等议案， 拟以6.34元/股的价格，向3,097名激励对象授予第一类限制性股票10,631,973股， 约占本激励计划公布时公司股本总额（4,973,479,998股）的0.2138%，约占本次 授予权益总额的20%；授予第二类限制性股票42,527,893股，约占本激励计划公 布时公司股本总额的0.8551%，约占本次授予权益总额的80%。 2、2023年7月28日，公司召开第四届监事会第十五次会议，审议通过了《关 于公司<2023年限制性股票激励计划（草案）>及其摘要的议案》《关于公司<2023 年限制性股票激励计划实施考核管理办法>的议案》及《关于核实公司<2023年限 1 / 6 制性股票激励计划激励对象名单>的议案》。 3、20 ...

Summary of Conference Call Industry or Company Involved - The discussion primarily revolves around the **Apple supply chain** and its implications due to recent tariff changes, particularly affecting the **TMT (Technology, Media, and Telecommunications)** sector. Core Points and Arguments 1. **Impact of Tariffs on Apple Supply Chain** The recent tariff increases have significantly affected the Apple supply chain, leading to a notable decline in stock prices within the TMT sector, particularly for Apple-related stocks [1][2][3] 2. **Market Reactions and Misinterpretations** The announcement of tariff increases led to panic in the market, with significant drops in stock prices, including a 9% decline in U.S. markets on the announcement day. Analysts have misinterpreted the potential impact, suggesting that iPhone prices could rise by 43% due to tariffs [3][4] 3. **Clarification on Tariff Exemptions** There are misunderstandings regarding the tariffs on Apple products, particularly concerning the origin of components. Products designed in the U.S. but manufactured in China may still qualify for tariff exemptions under certain conditions [5][6] 4. **Cost Implications of Tariffs** If Apple absorbs the tariff costs, it could lead to a 5% reduction in profit margins. Alternatively, if consumers bear the cost, prices could increase by 13-14% in North America [10][11] 5. **Price Increases and Consumer Behavior** The average price of Apple phones has been increasing annually, which may affect consumer purchasing behavior. A price increase could lead to a decrease in demand [15][20] 6. **Future of Apple Products** The upcoming iPhone 17 is expected to have significant upgrades, including increased memory to support AI applications, which could drive sales up to 95 million units, a substantial increase from previous years [20][22] 7. **Supply Chain Resilience** Despite the challenges posed by tariffs, the Apple supply chain is seen as relatively resilient. Companies in the supply chain are expected to adapt and continue operations, although some profit margins may be affected [17][19] 8. **Investment Opportunities** There is a recommendation to focus on upstream supply chain companies rather than assembly firms, as the latter may face more significant risks due to their reliance on Apple [23][24] Other Important but Possibly Overlooked Content 1. **Global Supply Chain Adjustments** Companies are encouraged to diversify their supply chains globally, including in countries like Vietnam and India, to mitigate risks associated with tariffs [16][19] 2. **Long-term Market Outlook** The overall sentiment suggests that the stock market will eventually recover, independent of tariff impacts, as fundamental business conditions improve [20][25] 3. **Institutional Trading Dynamics** There are concerns about institutional investors being trapped in positions due to the rapid decline in stock prices, which may hinder market recovery [24]

导 语：智能手机市场逐渐趋于饱和，竞争加剧，公司需要不断推出创新产品和解决方案来维持 增长。 据蓝思科技在港交所递交的招股书内容，此次公司拟在香港联合交易所主板上市，独家保荐人为中 信证券 。此次发行股份的具体数量、融资规模等细节暂未完全确定，不过从招股书透露的信息来 看，此次上市意义重大，有望为公司的发展注入新的活力。 从财务状况来看，公司在业绩记录期内表现亮眼。2022 年、2023 年及 2024 年，公司分别录得收入 人民币 466.99 亿元、人民币 544.91 亿元及人民币 698.97 亿元，2023 年及 2024 年分别同比增长 16.7% 及 28.3%。 蓝思科技的主营业务是提供智能终端全产业链一站式精密制造解决方案，涵盖消费电子、智能汽车 以及新兴智能终端等领域。 在消费电子板块，公司为智能手机、电脑、智能穿戴设备等提供防护玻璃、金属中框、触控显示模 组等产品，是全球首款智能手机防护玻璃核心供应商，在全球消费电子精密结构件及模组综合解决 方案行业中排名领先。 在智能汽车领域，围绕智能驾驶舱研发及生产多样化产品，如中控屏、仪表盘等车载电子玻璃及组 件，还是全球首款高端智能汽车中控屏交互 ...

4月，消费电子玻璃巨头蓝思科技向港交所递交招股书，正式启动港股IPO计划。这家"果链明星"再次被舆论推向风口浪尖。从打工妹逆袭女首 富的励志传奇，到苹果产业链上最耀眼的玻璃盖板供应商，周群飞掌舵的蓝思科技曾以超50%的苹果营收依存度筑起千亿帝国神话。 如今，距离蓝思科技2015年登陆A股市场、成就"中国女首富"的传奇故事整整过去10年，蓝思科技仍未解决掉苹果依赖症，面对众说纷纭的"重 复融资"质疑，蓝思科技此次融资的必要性再次受到市场的审视。 与此同时，公司还存在研发投入过低、净利润增速不及预期等种种隐忧。蓝思科技能否借力AI实现多元化发展，并在全球竞争中保持领先地 位，成为当前最为紧迫的任务之一。未来的路如何走下去，蓝思科技需要给出更加明确的答案。 01 净利润一度腰斩，研发投入过低 提到蓝思科技，不得不讲一讲它的创始人周群飞女士。1985年，年轻的周群飞南下深圳，在澳亚光学工厂从事切割玻璃的工作。尽管环境艰 苦，她却从未停止学习，利用业余时间自学丝网印刷技术和会计知识，为日后创业打下了坚实的基础。 1993年，周群飞用自己积攒的2万元人民币创办了一家小型玻璃加工厂，主要生产手表玻璃，这家工厂就是蓝思科技的 ...

证券代码：300433 证券简称：蓝思科技 公告编号：临 2025-037 蓝思科技股份有限公司 关于回购股份事项前十名股东和 前十名无限售条件股东持股情况的公告 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。 蓝思科技股份有限公司（以下简称"公司"）于2025年4月7日召开第五届董 事会第四次会议，审议通过了《关于回购公司股份方案的议案》及《关于授权管 理层办理本次股份回购具体事宜的议案》，具体内容详见公司于2025年4月8日在 巨潮资讯网（http://www.cninfo.com.cn）等符合中国证监会规定条件的媒体上发 布的《关于回购公司股份方案的公告》。 根据《深圳证券交易所上市公司自律监管指引第9号——回购股份（2023年 修订）》的规定，现将公司第五届董事会第四次会议决议公告的前一个交易日（即 2025年4月7日）登记在册的前十名股东和前十名无限售条件股东情况公告如下： | 序号 | 股东名称 | 持有股份总数量 | 占总股本比 | | --- | --- | --- | --- | | | | （股） | 例 | | 1 | 蓝思科技（香港）有 ...

证券代码：300433 证券简称：蓝思科技 公告编号：临 2025-038 蓝思科技股份有限公司（以下简称"公司"）《2024 年年度报告》全文及其 摘要已于 2025 年 3 月 28 日刊登在符合中国证券监督管理委员会规定条件的媒体 巨潮资讯网（http://www.cninfo.com.cn）。 为让广大投资者进一步了解公司 2024 年度经营情况，公司定于 2025 年 4 月 17 日（星期四）15:00～17:00 通过全景网举行公司 2024 年度业绩网上说明会。 本次说明会将采用网络远程的方式举行，投资者可登录全景网"投资者关系互动 平台"（http://rs.p5w.net）参与互动交流。 出席本次说明会的人员有：董事长兼总经理周群飞女士、独立董事万炜女士、 董事会秘书江南先生、财务总监刘曙光先生。 欢迎广大投资者积极参与。 特此公告。 蓝思科技股份有限公司董事会 二○二五年四月十六日 1/1 蓝思科技股份有限公司 关于举行 2024 年度业绩网上说明会的公告 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。 ...

Investment Rating - The report maintains an "Outperform" rating for the machinery equipment industry [5]. Core Views - The humanoid robot sector is rapidly advancing, with Tesla's humanoid robot aiming for mass production of 5,000 units by 2025. Domestic companies like Yushutech and ZhiYuan Robotics are also innovating quickly, focusing on key components such as reducers and sensors [3][4]. - AI infrastructure is experiencing growth driven by demand for data centers, benefiting companies involved in cooling systems [4]. - The low-altitude economy is progressing with infrastructure initiatives, aiming to create a unified air traffic management network [4]. Industry Dynamics - Humanoid Robots: Recent demonstrations include the release of a dexterous hand technology by Xingdong Era and a boxing video by Yushutech [1][18]. - Smart Welding: The application of pipeline welding robots by China National Petroleum has achieved scale [20]. - Low-altitude Economy: New companies and initiatives are being established to support the development of low-altitude economic infrastructure [21][26]. Company Dynamics - Yushutech and Chang'an Automobile signed a strategic cooperation agreement to collaborate on robotics technology [31]. - ZhiYuan Robotics participated in a roundtable discussion on economic trends [22]. - A joint venture was established between Junpu Intelligent and ZhiYuan Robotics to focus on humanoid robots [29]. Event Outlook - A humanoid robot half-marathon is scheduled to take place in Beijing on April 19, 2025, featuring humanoid robots competing alongside human participants [37]. Key Company Profit Forecasts and Investment Ratings - Companies such as Lide Harmony, Mingzhi Electric, and Huichuan Technology are rated as "Outperform" with various earnings per share (EPS) forecasts for 2023 and 2024 [9].

A股复盘 | 电风扇行情 / 2025.04.14 听说今天又是那种"周末狠狠学习但是周一猛亏"的行情？ 听说今天又是那种"好多概念发酵但是收盘被套"的行情？ 今天a股热点轮动: 果链 AI 眼睛 内外贸一体化 体育 核聚变 电力 锦 CIPS 三胎 东盟铁路, 摩托车, 海南, 汽 车,必选消费,910C,中概回 流, 互金 ..... 但凡抓住一个 你收盘就套佳晨 Datayes 今日A股 我看大家都在为到底豁没豁免中国而吵架，没什么好吵架的， 此前对等关税政策 已经豁免了被单独征收关税的行业，比如汽车、钢铝等，因此结合特朗普的增税 计划，之后很可能会针对半导体、芯片等行业额外加征关税。 当然特朗普也这么预告了，无论是Truth Social，还是对记者，他都是这么表态 的！ 美国商务部长霍华德·鲁特尼克周日在接受ABC《本周》节目采访时表示，智能 手机、计算机及部分其他电子产品将适用单独的关税，这些关税可能会在大约一 个月后实施。 虽然我们一直调侃特朗普像个舔狗一样在等我们的电话，事实上双方的态度都很 强硬，离谈判还有好长一段时间呢！ 做好心理准备！ 今天这个出口数据大超我的预期，一开始海关总署开发布会 ...