盛科通信(688702.SH)：上半年净亏损2368.91万元

Core Insights - The company reported a net loss attributable to shareholders of 23.69 million yuan and a net loss of 62.82 million yuan after deducting non-recurring gains and losses for the first half of 2025 [1] - As of June 30, 2025, the company has accumulated an unabsorbed loss of 155.63 million yuan [1] - The company adheres to a long-term development strategy, significantly increasing R&D investment and expanding its R&D team to build a strong competitive advantage [1] R&D and Product Strategy - The company focuses on technological innovation and R&D accumulation in high-end products, aiming to establish strong core competitiveness in emerging markets [1] - In mid-range and low-end products, the company is actively promoting the extension and upgrade of its current product series to enhance product diversity and seize domestic development opportunities [1] - Increased R&D investment may lead to significant impacts on profitability if market expansion of future products does not meet expectations, potentially delaying the turnaround to profitability or worsening losses [1]