Group 1 - The core viewpoint of the article is that Tianfeng Securities has given a "buy" rating to Yilun Network (300628.SZ) based on its solid market competitiveness despite short-term performance pressure [1] - The company's performance is currently under pressure, but its market competitiveness remains strong [1] - The desktop communication terminal segment is facing short-term challenges, while the cloud office terminal segment is experiencing rapid growth [1] - The company is accelerating the release of overseas production capacity and actively laying out a global supply chain [1]

证券代码：300628 证券名称：亿联网络 公告编号：2025-061 厦门亿联网络技术股份有限公司 2025 年半年度权益分派实施公告 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。 特别提示： 1、厦门亿联网络技术股份有限公司（以下简称"公司"）2025 年中期利润分配以实施权益分派方案时股权登记日的总股本扣减公 司回购专用证券账户中的股份为基数，向全体股东每 10 股派发现金 红利人民币 5.00 元（含税）。 若在利润分配方案公告后至实施前出现股权激励行权、可转债转 股、股份回购等股本总额发生变动的情形，将按照现金分红比例不变 原则，对现金分红总额进行相应调整。 2、利润分配预案公告后至实施期间公司股本总额变化情况 公司 2025 年中期利润分配预案披露至权益分派实施期间，2024 年股票期权激励计划已行权数量为 166,035 股，公司股份总数由 1,266,564,852 股增加至 1,266,730,887 股。故本次实施的 2025 年中期 利润分配方案最终为：以公司总股本 1,266,730,887 股，扣减公司回购 专用证券账户中股份总数 ...

Investment Rating - The investment rating for the company is "Buy" with a target price not specified [7] Core Views - The company's performance is under short-term pressure, but its market competitiveness remains solid. The international trade environment has introduced uncertainties affecting short-term business progress, particularly during the transition period of overseas capacity construction [2][4] - Despite challenges, the company has shown a positive trend in its three product lines, with sequential improvements observed in Q2 [2] Financial Performance Summary - In the first half of 2025, the company achieved operating revenue of 2.65 billion yuan, a year-on-year decrease of 0.64%. The net profit attributable to the parent company was 1.24 billion yuan, down 8.84% year-on-year, while the net profit after deducting non-recurring gains and losses was 1.16 billion yuan, a decrease of 7.75% year-on-year. The net cash flow from operating activities was 954 million yuan, down 14.29% year-on-year [1][5] - The company has adjusted its revenue growth assumptions for its three main product lines for the year, forecasting net profits attributable to the parent company of 2.58 billion yuan, 3.01 billion yuan, and 3.47 billion yuan for 2025, 2026, and 2027 respectively [5][6] Product Line Performance - The conference products generated revenue of 1.08 billion yuan, a year-on-year increase of 13.17%. The company focuses on user needs and product innovation, continuously developing comprehensive meeting room solutions [3] - The cloud office terminals achieved revenue of 262 million yuan, a year-on-year increase of 30.55%, with a compound annual growth rate of nearly 45% from 2020 to 2024, significantly higher than the industry average [3] - The desktop communication terminals reported revenue of 1.30 billion yuan, a year-on-year decrease of 13.63%, primarily due to shipment rhythm impacts, although actual downstream sales remained slightly positive [3] Global Supply Chain Strategy - The company has initiated an overseas capacity transfer project due to uncertainties in U.S. tariff policies, with significant progress expected in the second half of the year. This global supply chain strategy aims to leverage overseas capacity advantages to expand into global markets [4]

证券代码：300628 证券名称：亿联网络 公告编号：2025-060 厦门亿联网络技术股份有限公司 2025 年第二次临时股东大会决议公告 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。 特别提示： 1、本次股东大会未出现否决议案的情形； 2、本次股东大会不涉及变更以往股东大会已通过的决议。 一、 会议召开和出席情况 （一）会议召开情况 1、会议召集人：公司董事会。 2、会议方式：本次股东大会所采用的表决方式是现场表决与网 络投票相结合的方式。 3、会议召开日期和时间： （1）现场会议：2025 年 9 月 17 日（星期三）15:00 （2）网络投票：通过深圳证券交易所系统进行网络投票的具体 时间为2025年9月17日上午9:15-9:25、9:30-11:30，下午13:00-15： 00；通过深圳证券交易所互联网投票系统进行网络投票的具体时间为 2025 年 9 月 17 日 9:15-15:00 的任意时间。 4、现场会议召开地点：福建省厦门市湖里区护安路 666 号，亿 联总部大楼十楼董事会议室。 5、现场会议主持人：董事长陈智松先生。 6、会议的 ...

福建至理律师事务所 关于厦门亿联网络技术股份有限公司 关于厦门亿联网络技术股份有限公司 2025 年第二次临时股东大会的 法 律 意 见 书 福建至理律师事务所 地址：福州市鼓楼区洪山园路华润万象城三期 TB#写字楼 22 层 邮政编码：350025 电话：（86 591）88065558 网址：http://www.zenithlawyer.com 1 2025 年第二次临时股东大会的法律意见书 闽理非诉字[2025]第 205 号 致：厦门亿联网络技术股份有限公司 福建至理律师事务所（以下简称"本所"）接受厦门亿联网络技术股份有限 公司（以下简称"公司"）之委托，指派陈晓华、刘昭怡律师出席公司 2025 年 第二次临时股东大会（以下简称"本次大会"），并依据《中华人民共和国公司 法》（以下简称《公司法》）、《中华人民共和国证券法》、《上市公司股东会规则》 （中国证券监督管理委员会公告〔2025〕7 号，以下简称《股东会规则》）、《深 圳证券交易所上市公司股东会网络投票实施细则（2025 年修订）》（以下简称 《网络投票实施细则》）等有关法律、法规、规范性文件以及《厦门亿联网络技 术股份有限公司章程》（以下 ...

证券之星消息，9月17日通信设备板块较上一交易日上涨0.71%，有方科技领涨。当日上证指数报收于 3876.34，上涨0.37%。深证成指报收于13215.46，上涨1.16%。通信设备板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | | --- | --- | --- | --- | --- | --- | --- | | 688159 | 有方科技 | 82.59 | 12.95% | 11.02万 | | 8.73亿 | | 688205 | 德科立 | 117.00 | 10.80% | 18.73万 | | 21.81亿 | | 002796 | 世嘉科技 | 20.79 | 10.00% | 32.46万 | | 6.67亿 | | 300628 | 亿联网络 | 41.16 | 8.52% | 26.94万 | | 10.83亿 | | 300620 | 光库科技 | 107.10 | 6.63% | 27.45万 | | 28.76亿 | | 002104 | 恒宝股份 | 26.62 | 6.44% | 169.93万 | | 44 ...

Group 1 - Meituan reports that the price war has led to a reduction of over 15% in actual income for small and medium-sized merchants, which may weaken their operational capacity and livelihood in the long term [1] - Anthropic's CEO urges U.S. chip manufacturers to prioritize domestic customers, highlighting the need for support from U.S. officials and legislators [2] - Xiaohongshu has launched the "Xiaohong Card," which offers users various benefits such as discounts and exclusive event participation across selected stores nationwide [3] Group 2 - Anta Sports has dismissed 74 employees for serious misconduct, with 46 individuals referred to judicial authorities, including high-level executives, as part of its anti-corruption efforts [4] - The per capita disposable income of rural residents in China is projected to reach 23,119 yuan in 2024, indicating a steady growth in farmers' income during the 14th Five-Year Plan period [5] - Tencent is reportedly promoting its first bond issuance in four years, seeking to issue offshore RMB-denominated notes with initial guidance rates of 2.6%, 3%, and 3.6% for 5-year, 10-year, and 30-year maturities, respectively [6] Group 3 - Yealink has stated that it has no plans to enter the consumer Bluetooth headset market, focusing instead on technology development and product iteration in the business Bluetooth headset sector [7] - Douyin's vice president discusses the emergence of "ByteDance departure posts" on social media, revealing that many authors have never worked at ByteDance and are linked to training institutions selling courses [8] - The "Three Sheep" live streaming team has resumed broadcasts, with one host attracting over 100,000 viewers online, indicating a potential resurgence in audience engagement [9] Group 4 - China has built over 100 million acres of high-standard farmland, with the contribution rate of agricultural technology progress reaching 63.2% during the 14th Five-Year Plan period [10] - OpenAI has released GPT-5-Codex, a new model optimized for agent programming, available across various platforms including CLI, IDE extensions, and GitHub [11] - Recent rumors about multiple gold material merchants in Shui Bei going bankrupt have been deemed exaggerated and untrue by the Shenzhen Gold Jewelry Association, which confirms that many businesses are still operating normally [12]

证券日报网讯亿联网络（300628）9月16日在互动平台回答投资者提问时表示，当前公司核心产品聚焦 企业通信与协作领域，采购对象为各类企业客户，其采购决策更关注产品在复杂办公场景下的稳定性、 兼容性及整体解决方案的专业性等，而非大众消费场景下的即时体验需求，因此目前暂无在商场开设体 验中心的计划。 ...

亿联网络9月16日在互动平台表示，公司聚焦于商务蓝牙耳麦领域的技术研发与产品迭代，暂无进入消 费蓝牙耳麦市场的相关计划。 ...

Group 1 - The company reported a revenue of 2.65 billion yuan in H1 2025, a year-on-year decrease of 0.64%, and a net profit attributable to shareholders of 1.24 billion yuan, down 8.84% year-on-year [1] - In Q2 2025, the company achieved a revenue of 1.45 billion yuan, a decline of 3.90% year-on-year, and a net profit of 678 million yuan, down 14.36% year-on-year, primarily due to the transitional period of overseas capacity construction affecting order shipments [1] - The company’s desktop communication terminal revenue in H1 2025 was 1.30 billion yuan, a decrease of 13.63%, while the meeting products revenue was 1.08 billion yuan, an increase of 13.17% [2] Group 2 - The company has launched several new products in H1 2025, including MeetingBar A40/A50 and SmartVision 80, contributing to a market share increase in the meeting products segment [2] - The cloud office terminal revenue reached 262 million yuan in H1 2025, reflecting a growth of 30.55%, with a compound annual growth rate of nearly 45% from 2020 to 2024 [2] - The company is actively addressing tariff fluctuations by deploying overseas warehouses and enhancing overseas capacity transfer, which is expected to stabilize downstream demand [3] Group 3 - The company forecasts net profits attributable to shareholders of 2.73 billion yuan, 3.04 billion yuan, and 3.40 billion yuan for 2025, 2026, and 2027, respectively, with corresponding year-on-year growth rates of 2.9%, 11.7%, and 11.9% [4] - The projected price-to-earnings ratios for 2025, 2026, and 2027 are 18, 16, and 14 times, respectively, maintaining a "buy" rating [4]