经济观察网观想科技（301213）近期披露重大资产重组计划，拟收购锦州辽晶电子科技股份有限公司 100%股份，以提升在军用半导体领域的产业链协同能力。同时，公司预计2025年归母净利润实现扭亏 为盈，主要得益于智能装备和人工智能领域订单交付符合预期及成本管控。重组进展公司于2026年1月7 日复牌，披露拟通过发行股份及支付现金方式收购锦州辽晶电子科技股份有限公司100%股份，并募集 配套资金。本次交易预计构成重大资产重组，目前标的资产的审计、评估工作尚未完成，后续需召开董 事会及股东大会审议相关议案。业绩经营情况2026年1月30日，公司发布2025年度业绩预告，预计归母 净利润为1257.91万元至1811.4万元，同比实现扭亏为盈。主要原因是智能装备和人工智能领域订单交付 进展符合预期，且公司通过成本管控提升盈利水平。经营状况2025年三季报显示压力仍存：前三季度营 收6536.43万元，同比增长4.86%，但归母净利润76.3万元，同比大幅下降86.14%；第三季度单季净利润 转为亏损，主要受期间费用增长影响。现金流与存货状况：截至2025年三季度末，货币资金为2.19亿 元，但经营性现金流为负，存货占 ...

2、自本次交易预案披露以来，公司及交易相关方积极推进本次交易的相关工作。截至本公告披露日， 本次交易所涉及的审计、评估等工作尚未完成，具体交易方案仍在商讨论证中。公司将继续积极推进本 次交易，并根据中国证监会和深圳证券交易所的相关规定及时履行本次交易的后续审批和信息披露程 序。 登录新浪财经APP 搜索【信披】查看更多考评等级 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假记载、误导性陈述或重大遗 漏。 特别提示： 1、四川观想科技股份有限公司（以下简称"公司"）于2026年1月7日披露的《发行股份及支付现金购买 资产并募集配套资金暨关联交易预案》的"重大事项提示"和"重大风险提示"章节中，详细披露了本次交 易尚需履行的审批程序及涉及的风险因素，敬请广大投资者注意投资风险。 一、本次交易概述 公司拟通过发行股份及支付现金的方式向苏舟等交易对方购买锦州辽晶电子科技股份有限公司100.00% 股份，并向不超过35名符合中国证监会规定的特定投资者发行股份募集配套资金。 本次交易预计构成《上市公司重大资产重组管理办法》规定的重大资产重组。本次交易不会导致公司实 际控制人发生变更，不构成重组上市。根 ...

1、四川观想科技股份有限公司（以下简称"公司"）于2026年1月7日披 露的《发行股份及支付现金购买资产并募集配套资金暨关联交易预案》的"重 大事项提示"和"重大风险提示"章节中，详细披露了本次交易尚需履行的 审批程序及涉及的风险因素，敬请广大投资者注意投资风险。 2、自本次交易预案披露以来，公司及交易相关方积极推进本次交易的相 关工作。截至本公告披露日，本次交易所涉及的审计、评估等工作尚未完成， 具体交易方案仍在商讨论证中。公司将继续积极推进本次交易，并根据中国 证监会和深圳证券交易所的相关规定及时履行本次交易的后续审批和信息披 露程序。 证券代码：301213 证券简称：观想科技 公告编号：2026-008 四川观想科技股份有限公司 关于发行股份购买资产并募集配套资金暨关联交易 事项的进展公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 特别提示： 公司于 2026 年 1 月 6 日召开第四届董事会第十八次会议，审议通过了《关 于公司发行股份及支付现金购买资产并募集配套资金暨关联交易方案的议案》等 与本次交易相关的议案，具体内容详见 2026 年 1 ...

登录新浪财经APP 搜索【信披】查看更多考评等级 证券代码：301213 证券简称：观想科技 公告编号：2026-007 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12月31日。 2、业绩预告情况：预计净利润为正值且属于扭亏为盈情形 （1）以区间数进行业绩预告的 单位：万元 二、与会计师事务所沟通情况 本次业绩预告相关的财务数据未经注册会计师审计，公司已就本次业绩预告有关事项与年度审计会计师 事务所进行了预沟通，公司与会计师事务所在本次业绩预告方面不存在分歧。 三、业绩变动原因说明 报告期内，公司在智能装备和人工智能领域的布局与拓展不断深入，成功斩获多笔重大订单，核心产品 的交付进度符合预期，实现的营业收入较上年同期较大幅度增长。同时，公司持续优化内部管理以提升 运营效率，强化成本管控，有效提高了整体盈利水平。 四、其他相关说明 1、本次业绩预告是公司财务部门初步测算的结果，未经审计机构审计，具体财务数据以公司正式披露 的2025年年度报告为准。 2、公司将严格依照相关法律法规的规定和 ...

中证智能财讯观想科技（301213）1月30日晚间披露2025年度业绩预告，预计2025年归母净利润1257.91万元至1811.4万元，上年同期亏损871.15万元；扣非 净利润预计1187.74万元至1741.22万元，上年同期亏损1511.11万元。以1月30日收盘价计算，观想科技目前市盈率（TTM）约为323.11倍-465.28倍，市净率 （LF）约7.46倍，市销率（TTM）约37.66倍。 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： 近年来市盈率变化情况（倍） 1,500 19000 500 230.38 280.14 -231.26 161.43 0 -500 -838.04 -1,000 -1,500 -1824.69 -2,000 209259 -2,500 -09-30 4-03-30 3-12-30 n - 公司 -○- 行业均值 制图数据来自恒生聚源数据库 市盈率(TTM)历史分位(%) 100 94.45 ହି 90 82:32 88.5 80 70 67-92 60 50 40 30 20 10 0 2n- 制图数据来自恒生聚源数据库 市净率(LF)历史分位 ...

Financial Performance - The company expects a net profit of approximately ¥12,579,100 (1,257.91万元) for the year 2025, indicating a turnaround from a loss of ¥8,711,500 (871.15万元) in the previous year[5] - The net profit after deducting non-recurring gains and losses is projected to be around ¥11,877,400 (1,187.74万元), compared to a loss of ¥15,111,100 (1,511.11万元) in the same period last year[5] Revenue Growth - The significant increase in revenue is attributed to the company's deepening layout and expansion in the smart equipment and artificial intelligence sectors, successfully securing multiple large orders[7] Operational Efficiency - The company has optimized internal management to enhance operational efficiency and strengthen cost control, effectively improving overall profitability[7] Financial Reporting - The financial data presented in the earnings forecast has not been audited by registered accountants and is subject to confirmation in the official 2025 annual report[8]

Group 1 - Zhejiang Wenchuang Internet focuses on digital marketing and cultural technology, integrating AI into smart marketing and digital content creation, enhancing brand marketing digital transformation across various industries [1][17] - Saiwu Technology collaborates with Suzhou University to establish the AI4S laboratory, creating a closed loop of "AI screening - process optimization - mass production," significantly increasing revenue in related businesses [1][18] - Huashi Technology strategically invests in Yuchuang Robotics, applying AI in various scenarios such as airport monitoring and risk warning, providing intelligent solutions for smart cities [1][19] Group 2 - Yidian Tianxia leverages AI for global smart marketing, developing a full-chain solution that includes multi-language digital content generation and intelligent ad optimization [2][18] - Tongda Hai builds a comprehensive legal knowledge graph using vast legal data, enhancing judicial efficiency through its self-developed AI platform [2][19] - Sanwei Communication's subsidiary, Juwang Technology, utilizes AI for advertising material generation and optimization, significantly improving marketing efficiency [2][19] Group 3 - BlueFocus is a leader in AI marketing, applying AI across the entire marketing chain, including creative generation and effect analysis, to drive digital transformation in the marketing industry [3][19] - Huashu Media actively promotes AI integration in broadcasting, enhancing user experience through smart content recommendations and network optimization [3][20] - Subot constructs a cross-disciplinary platform for material and intelligent mechanics, driving high-end material development and optimizing production processes [3][20] Group 4 - Shiji Tianhong integrates AI into education, enhancing digital transformation in educational support services through intelligent systems [4][20] - Hongbo Pharmaceutical's AI drug design platform focuses on cyclic peptide drug development, significantly improving drug design efficiency and accuracy [5][21] - Tianlong Group's self-developed platform empowers digital marketing across various industries, enhancing customer acquisition and conversion rates [5][21] Group 5 - Yanshan Technology integrates AI into internet services and supply chain management, optimizing marketing and operational efficiency [6][22] - ChaoTu Software merges AI with GIS, enabling intelligent spatial data processing and analysis for smart city applications [6][22] - Heren Technology focuses on smart healthcare, developing AI systems to assist medical personnel and improve operational efficiency [6][23] Group 6 - Youzu Network applies AI throughout game development and operation, enhancing player engagement and experience [6][23] - Jinka Intelligent integrates AI into gas metering, improving management efficiency and safety in gas supply [7][24] - Liard incorporates AI into display technology, optimizing visual experiences and expanding applications in smart displays [7][24] Group 7 - Guanshang Technology focuses on military equipment lifecycle management using AI for fault diagnosis and training simulation [7][25] - Zhidema applies AI in consumer decision-making and e-commerce marketing, enhancing product recommendations and marketing strategies [7][25] - Runda Medical enhances laboratory testing processes with AI, improving detection accuracy and efficiency [7][25] Group 8 - Tiandi Online specializes in digital marketing, utilizing AI for user profiling and intelligent ad targeting [8][26] - Qianfang Technology focuses on smart transportation, developing AI systems for traffic management and vehicle recognition [8][26] - Jiaxun Feihong integrates AI into communication and rail transit, enhancing operational efficiency and safety [8][26] Group 9 - Jiadu Technology applies AI in smart city and rail transit, enhancing safety monitoring and automation [8][27] - Jiuzhoutong empowers pharmaceutical supply chains with AI for demand forecasting and inventory management [8][27] - Weining Health focuses on comprehensive smart healthcare solutions, enhancing operational efficiency and cost control [8][27] Group 10 - Dianke Digital strengthens IT service capabilities with AI, focusing on data center operations and security [8][28] - Guangting Information specializes in intelligent connected vehicles, developing AI systems for driving assistance and data governance [8][28] - Rongxin Culture integrates AI into children's publishing, enhancing reading experiences and content creation [8][29] Group 11 - Zhaochi Co. introduces AI in consumer electronics and lighting, optimizing product performance and supply chain management [8][29] - Jinxiandai focuses on industrial software, enhancing digital transformation through AI-assisted development and operations [8][30] - Huatu Shanding integrates AI into architectural design, improving efficiency and precision in building projects [8][30] Group 12 - Lakala enhances payment services with AI, improving transaction security and merchant support [8][30] - Yingjianke focuses on building design software, utilizing AI for structural optimization and efficiency [8][30] - Borui Communication empowers media and digital culture with AI, enhancing content delivery and user engagement [8][31] Group 13 - Haoyun Technology enhances security IoT with AI, providing risk assessment and decision support [8][31] - Shenguang Group leverages AI for digital marketing, optimizing user targeting and ad performance [8][31] - Oriental Pearl actively promotes AI in broadcasting, enhancing content production and user experience [8][31] Group 14 - Zhizhen Technology focuses on IT operations in communication and government sectors, utilizing AI for efficient management [8][32]

Group 1 - The core business of the company involves the application of self-controlled new generation information technology in the military industry, focusing on the informationization of defense equipment and equipment management [2] - As of September 30, the company reported a revenue of 65.36 million yuan for the period from January to September 2025, representing a year-on-year growth of 4.86%, while the net profit attributable to shareholders decreased by 86.14% to 763,000 yuan [2] - The company has a total of 12,100 shareholders, which is a decrease of 31.59% compared to the previous period, with an average of 4,277 circulating shares per person, an increase of 46.18% [2] Group 2 - On January 22, the company's stock price fell by 0.36%, with a trading volume of 188 million yuan, and the net financing buy was -8.38 million yuan [1] - The financing balance of the company reached 138 million yuan, accounting for 2.16% of the circulating market value, which is above the 90th percentile level over the past year [1] - The company has distributed a total of 39.2 million yuan in dividends since its A-share listing, with 15.2 million yuan distributed in the last three years [3]

Core Viewpoint - The A-share market has experienced a significant rally, with a 17-day consecutive rise, driven by surges in AI applications and commercial aerospace sectors, leading to a wave of limit-up stocks in related ETFs [1][10]. Group 1: AI Applications - AI application leader Zhite New Materials has been suspended for verification due to a nearly 200% increase over six trading days, marking it as one of the top-performing stocks of the year [3][4]. - Zhite New Materials is recognized for its AI applications and robotics concepts, having secured over $40 million in overseas contracts for its AI4S business [4][12]. Group 2: Commercial Aerospace - The commercial aerospace sector has seen excessive price increases, prompting over ten companies, including China Satellite and Zhimingda, to issue stock trading risk warnings or price fluctuation announcements [5][13]. - Companies like Aerospace Engineering have reported a 150% increase since December, with a rolling P/E ratio of 120, despite their main business not being related to commercial aerospace [5][13]. - Aerospace Development, a leading stock in the commercial aerospace sector, plans to reduce holdings during this period of significant price volatility, involving 8.38 million shares from the controlling shareholder and 7.44 million shares from concerted actors, amounting to approximately 630 million yuan at the current closing price [7][15]. Group 3: Market Sentiment - Given the rapid price increases in the commercial aerospace sector, there is a suggestion for investors to temporarily avoid these stocks to allow for a healthy market correction, indicating that short-term adjustments do not alter the main investment themes for the year [8][16].

Group 1 - The company's stock experienced an abnormal trading fluctuation, with a cumulative closing price increase exceeding 30% over three consecutive trading days (January 7, 8, and 9, 2026) [2] - The company confirmed that there were no corrections or supplements needed for previously disclosed information, and the recent operational situation remains normal without significant changes in the internal or external business environment [3][4] - The company and its controlling shareholders did not engage in any trading of the company's stock during the period of abnormal fluctuations, and there are no undisclosed significant matters that should have been disclosed [3][4] Group 2 - The company has confirmed that there are no undisclosed matters that should be disclosed according to the Shenzhen Stock Exchange's regulations, and no significant information that could impact the stock price has been identified [4] - The company is preparing its 2025 annual report, which is scheduled for disclosure on April 27, 2026, and will issue a performance forecast if the financial data meets the disclosure requirements [5]