Core Viewpoint - 15 companies listed on the ChiNext board have announced their performance forecasts for the first three quarters, with all companies expecting profit increases [1] Group 1: Company Performance Forecasts - Company 川金 (Code: 300505) expects a net profit increase of 171.61% with a latest closing price of 21.50 and a year-to-date increase of 51.89% [1] - Company 金力 (Code: 300748) anticipates a net profit increase of 168.00%, with a closing price of 39.88 and a year-to-date increase of 124.29% [1] - Company 长川科技 (Code: 300604) forecasts a net profit increase of 138.39%, with a closing price of 94.75 and a year-to-date increase of 115.19% [1] - Company 震裕科技 (Code: 300953) predicts a net profit increase of 137.80%, with a closing price of 174.00 and a year-to-date increase of 248.20% [1] - Company 涛涛车业 (Code: 301345) expects a net profit increase of 99.10%, with a closing price of 230.18 and a year-to-date increase of 261.41% [1] - Company 全志科技 (Code: 300458) anticipates a net profit increase of 82.13%, with a closing price of 48.20 and a year-to-date increase of 62.47% [1] - Company 中泰股份 (Code: 300435) forecasts a net profit increase of 79.28%, with a closing price of 21.76 and a year-to-date increase of 82.77% [1] - Company 扬杰科技 (Code: 300373) predicts a net profit increase of 45.00%, with a closing price of 74.05 and a year-to-date increase of 72.66% [1] - Company 联合动力 (Code: 301656) expects a net profit increase of 44.16%, with a closing price of 29.91 and a year-to-date decrease of 3.20% [1] - Company C云汉 (Code: 301563) anticipates a net profit increase of 41.41%, with a closing price of 142.27 and a year-to-date increase of 21.81% [1] - Company 鼎龙股份 (Code: 300054) forecasts a net profit increase of 37.12%, with a closing price of 36.52 and a year-to-date increase of 40.85% [1] - Company 建发致新 (Code: 301584) predicts a net profit increase of 35.00%, with a closing price of 27.02 and a year-to-date decrease of 26.09% [1] - Company 华测导航 (Code: 300627) expects a net profit increase of 25.10%, with a closing price of 35.43 and a year-to-date increase of 19.98% [1] - Company 艾芬达 (Code: 301575) anticipates a net profit increase of 14.72%, with a closing price of 56.68 and a year-to-date decrease of 24.19% [1] - Company 昊创瑞通 (Code: 301668) forecasts a net profit increase of 2.48%, with a closing price of 57.80 and a year-to-date decrease of 5.34% [1]

Investment Rating - The report suggests to continue focusing on investment opportunities within the communication industry [2] Core Insights - The communication industry showed steady revenue growth and accelerated profitability in H1 2025, with total revenue reaching 1785.003 billion yuan, a year-on-year increase of 10.07%, and net profit attributable to shareholders at 160.432 billion yuan, up 11.26% year-on-year [4][7] - The AI computing industry chain is expected to continue accelerating its development in 2025, benefiting the communication industry [17][19] Summary by Sections H1 2025 Performance Overview - The communication industry achieved a total revenue of 1785.003 billion yuan in H1 2025, with a year-on-year growth of 10.07%, and a net profit of 160.432 billion yuan, reflecting an 11.26% increase [4][7] Segment Performance Changes - In H1 2025, the optical module and device segment reported revenue of 47.988 billion yuan, a year-on-year increase of 64.88%, and net profit of 10.876 billion yuan, up 111.99% [25] - The communication PCB segment achieved revenue of 57.249 billion yuan, a year-on-year increase of 37.66%, and net profit of 8.058 billion yuan, up 80.79% [31] - The network equipment segment generated revenue of 507.111 billion yuan, a year-on-year increase of 28.86%, with net profit of 19.184 billion yuan, up 19.57% [37] AI Industry Chain Investment - Major overseas cloud companies are expected to maintain optimistic growth in capital expenditures, with a total of 95 billion USD in Q2 2025, reflecting an 82.96% year-on-year increase [17] - Companies like Oracle and Nvidia are showing strong growth prospects in their AI-related businesses, with Oracle's unfulfilled revenue reaching 455 billion USD, a year-on-year increase of 359% [22][19]

Core Viewpoint - The company, Huace Navigation, forecasts a net profit attributable to shareholders of 480 million to 495 million yuan for the first three quarters of 2025, representing a year-on-year growth of 23.17% to 27.02% [1] Group 1: Financial Performance - The company expects significant growth in net profit and net profit excluding non-recurring gains and losses during the reporting period [1] - The projected net profit range indicates a strong financial performance compared to the previous year [1] Group 2: Strategic Initiatives - The company adheres to a globalization strategy and focuses on developing popular products, actively expanding industry applications in robotics, autonomous driving, and geospatial information [1] - There is a concentrated effort to enhance overseas market presence, with rapid growth in overseas revenue and substantial future growth potential [1] Group 3: Research and Development - The company continues to increase R&D investment to build core technological barriers, enhancing product competitiveness [1] - This focus on R&D supports rapid business expansion across various industry markets [1]

Core Insights - The company reported a net profit attributable to shareholders of 480 million to 495 million yuan for the first three quarters of 2025, representing a year-on-year growth of 23.17% to 27.02% [4] - The net profit after deducting non-recurring gains and losses is expected to be between 440 million and 455 million yuan, reflecting a year-on-year increase of 28.81% to 33.20% [4] Group 1: Financial Performance - The net profit attributable to shareholders for the reporting period was 480 million yuan, compared to 495 million yuan in the same period last year, with a growth rate of 23.17% [1] - The net profit after deducting non-recurring gains and losses was 440 million yuan, up from 455 million yuan year-on-year, with a growth rate of 28.81% [1] Group 2: Strategic Initiatives - The company is committed to a globalization strategy and product development, focusing on expanding applications in industries such as robotics, autonomous driving, and geospatial information [1] - Significant growth was observed in overseas markets, with continuous rapid revenue growth from international operations, indicating substantial future growth potential [1] Group 3: R&D Investment - The company has increased its R&D investment to build core technological barriers and enhance product competitiveness, which supports rapid business expansion across various markets [2] Group 4: Stock Incentive Plan and Non-Recurring Gains - The implementation of the stock incentive plan resulted in share-based payment expenses of approximately 33 million yuan, which has been accounted for in the current reporting period [3] - Non-recurring gains and losses are expected to impact the current net profit by approximately 40 million yuan [3]

Core Viewpoint - The company, Huace Navigation, expects a significant increase in net profit for the first three quarters, driven by strategic global expansion and increased R&D investment [1] Financial Performance - The estimated net profit attributable to shareholders is between 480 million and 495 million yuan, representing a year-on-year growth of 23.17% to 27.02% [1] - The net profit after deducting non-recurring gains and losses is projected to be between 440 million and 455 million yuan, reflecting a growth of 28.81% to 33.20% compared to the previous year [1] Strategic Initiatives - The company is focusing on a global strategy and the development of popular products, with rapid growth in sectors such as robotics, autonomous driving, and geospatial information [1] - There is a strong emphasis on expanding overseas markets, which have shown continuous and rapid revenue growth, indicating significant future potential [1] R&D Investment - The company has increased its R&D investment to build core technological barriers and enhance product competitiveness, facilitating rapid market expansion across various industries [1] Other Financial Impacts - The implementation of the company's equity incentive plan has resulted in share-based payment expenses of approximately 33 million yuan, which has been accounted for in the current reporting period [1] - Non-recurring gains and losses are expected to impact the current net profit by approximately 40 million yuan [1]

Core Viewpoint - The company Huace Navigation (300627.SZ) anticipates a net profit attributable to shareholders of 480 million to 495 million yuan for the first three quarters of 2025, representing a year-on-year growth of 23.17% to 27.02% [1] Group 1 - The company is focusing on globalization and a product explosion strategy, leading to rapid development in robotics, autonomous driving, and geospatial information sectors [1] - Overseas revenue is experiencing sustained rapid growth during the reporting period [1] - Increased investment in research and development is aimed at enhancing product competitiveness and expanding market business across various industries [1]

Core Viewpoint - The company expects a net profit of 480 million to 495 million yuan for the first three quarters of 2025, representing a year-on-year growth of 23.17% to 27.02% [1] Group 1: Financial Performance - The company achieved effective growth in net profit attributable to shareholders and net profit after deducting non-recurring gains and losses during the reporting period [1] - The projected net profit growth is driven by a commitment to globalization and a focus on developing popular products [1] Group 2: Strategic Initiatives - The company is actively expanding its product and solution applications across various industries [1] - Rapid development is noted in the fields of robotics, autonomous driving, and geospatial information [1] - Increased investment in research and development has enhanced product competitiveness [1]

证券代码：300627 证券简称：华测导航 公告编号：2025-094 上海华测导航技术股份有限公司 2025 年前三季度业绩预告 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 1、业绩预告期间：2025 年 1 月 1 日至 2025 年 9 月 30 日。 2、业绩预告情况：预计净利润为正值且属于同向上升情形 单位：万元 | 项 目 | | | 本报告期 | | 上年同期 | | --- | --- | --- | --- | --- | --- | | 归属于上市公司股 东的净利润 | | 48,000 | — | 49,500 | 38,969.29 | | | 比上年同期增长 | 23.17% | — | 27.02% | | | 扣除非经常性损益 后的净利润 | | 44,000 | — | 45,500 | 34,158.32 | | | 比上年同期增长 | 28.81% | — | 33.20% | | 二、与会计师事务所沟通情况 本次业绩预告未经注册会计师审计。 三、业绩变动原因说明 1、报告期内，公司实现归属于上市公 ...

Core Viewpoint - The stock of Huace Navigation has shown a significant increase in price this year, with a notable rise in revenue and net profit for the first half of 2025, indicating strong business performance and investor interest [1][2]. Group 1: Stock Performance - As of October 9, Huace Navigation's stock price increased by 2.06%, reaching 36.16 CNY per share, with a trading volume of 205 million CNY and a market capitalization of 28.393 billion CNY [1]. - Year-to-date, the stock price has risen by 22.58%, with a slight decline of 1.77% over the last five trading days [1]. - The stock has experienced a 2.64% increase over the past 20 days and a 5.02% increase over the past 60 days [1]. Group 2: Financial Performance - For the period from January to June 2025, Huace Navigation reported a revenue of 1.833 billion CNY, representing a year-on-year growth of 23.54%, and a net profit attributable to shareholders of 326 million CNY, up by 29.94% [2]. - The company has distributed a total of 971 million CNY in dividends since its A-share listing, with 615 million CNY distributed over the past three years [3]. Group 3: Shareholder and Institutional Holdings - As of August 8, the number of shareholders for Huace Navigation increased to 28,200, reflecting a growth of 2.06%, while the average number of circulating shares per person decreased by 2.02% to 22,828 shares [2]. - As of June 30, 2025, notable institutional holdings include E Fund's ChiNext ETF, which holds 12.2686 million shares, an increase of 3.4366 million shares from the previous period, and Southern's CSI 500 ETF, which is a new shareholder with 8.1205 million shares [3].

上海华测导航技术股份有限公司 2025 年第二期限制性股票激励计划激励对象名单 （授予日） 2025 年 9 月 29 日 注：公司全部在有效期内的股权激励计划所涉及的标的股票总数累计未超过公司股本总额的 20%。本 激励计划中任何一名激励对象通过全部在有效期内的股权激励计划获授的本公司股票累计未超过公司股本 总额的 1%。 二、核心技术骨干名单 | 序号 | 职务 | 姓名 | | --- | --- | --- | | 1 | 核心技术骨干 | 贾晨峰 | | 2 | 核心技术骨干 | 李才学 | | 3 | 核心技术骨干 | 李智学 | | 4 | 核心技术骨干 | 彭哲 | | 5 | 核心技术骨干 | 邱伟 | | 6 | 核心技术骨干 | 任旗胜 | | 7 | 核心技术骨干 | 王硕 | | 8 | 核心技术骨干 | 吴世忠 | | 9 | 核心技术骨干 | 徐贵龙 | | 10 | 核心技术骨干 | 徐图昊 | | 11 | 核心技术骨干 | 薛万唱 | | 12 | 核心技术骨干 | 叶志云 | 上海华测导航技术股份有限公司 董事会 一、总体情况 | 激励对象类别 | 获授的限制性股票 | ...