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【私募调研记录】高毅资产调研臻镭科技、金橙子
Zheng Quan Zhi Xing·2025-08-15 00:10

Group 1: Zhenlei Technology - Zhenlei Technology achieved revenue of 205 million yuan in the first half of 2025, representing a year-on-year growth of 73.64%, and a net profit of 62.32 million yuan, with a year-on-year increase of 1006.99% [1] - The company's product range includes power management chips, RF transceiver chips, and digital beamforming chips, which are widely used in special industries and satellite communication [1] - Zhenlei Technology's digital beamforming chip features low power consumption and high integration, and has already achieved small batch supply [1] - The company is optimistic about the application trend of non-space-grade components in commercial aerospace and plans to provide low-cost radiation-resistant power supplies and single particle protection solutions [1] - Zhenlei Technology employs a tiered pricing system, linking prices to quantities, and maintains a positive outlook for the next three years in special and satellite communication fields [1] Group 2: Jin Chengzi - Jin Chengzi's acquisition of Samit is primarily driven by significant synergies in product systems, customer resources, technology development, and supply chains, as both companies operate in the optical control field [2] - Samit specializes in the research, production, and sales of precision optoelectronic control products, including high-precision fast mirrors and high-precision vibrating mirrors, holding key technologies and multiple patents [2] - The acquisition is expected to enhance Jin Chengzi's competitiveness in the high-end precision vibrating mirror sector, with performance compensation and impairment compensation commitments set in the acquisition agreement [2] - Samit's projected revenue for 2024 is 57.55 million yuan, with a net profit of 21.05 million yuan (unaudited) [2]