运营商财经网 陈聪敏/文 日前，深信服公布2024年年报，报告期内，公司营业收入为75.2亿元，同比下降1.9%；归母净利润为 1.97亿元，同比下降0.5%。在营收、归母净利润下降的情况下，其副总经理蒋文光薪酬却大幅上涨，运 营商财经网试图揭秘蒋文光的过往经历。 | | | | | | | 单位t 万元 | | --- | --- | --- | --- | --- | --- | --- | | 姓名 | 任 四 | 味ទ | 职务 | 任职状态 | 从公司获得的税 | 是否在公司关联 方体取报照 | | | | | | | 首相 张 生 和 | | | 何刺碱 | 男 | 50 | 董事长,总经理 | 现任 | 39.58 | 香 | | 藤武 | 男 | 48 | 副董事长、副总经理 | 膜任 | 32.16 | 伯 | | 图段 | 山 | 50 | 童事、副总经理 | 暖任 | 42.23 | 香 | | 帮丹 | 女 | 43 | 独立童事 | 属任 | 7.50 | 香 | | 王肖健 | 男 | 55 | 独立董事 | 鹰任 | 7.50 | 香 | | 江海 | તેને | 50 | 琼 ...

Core Viewpoint - Huayang Group has successfully launched its VPD (Virtual Panoramic Display) product in 2023, marking the world's first mass production in collaboration with Xiaomi's automotive division [1] Group 1: Product Development - The VPD product is now in mass production, having been integrated into Xiaomi's vehicles [1] - The company is actively engaged in multiple bidding projects for its VPD product [1] Group 2: Market Growth - The company's HUD (Head-Up Display) products are also seeing production ramp-up with several major automotive clients, including Great Wall, BYD, Changan, Chery, Geely, Xpeng, Volkswagen Group, Stellantis Group, Anhui Volkswagen, Beijing Hyundai, and Yueda Kia [1] - The company anticipates maintaining a high growth trajectory for its HUD products as new projects with these clients come online [1]

Core Viewpoint - Blue Flame Holdings (000968) is actively enhancing its coalbed methane (CBM) production and sales through strategic partnerships and infrastructure improvements, while also planning significant capital investments to boost production capacity and technological advancements in the coming years [1][2][3][4][5]. Group 1: Coalbed Methane Production and Lifespan - The lifespan of a single coalbed methane well typically ranges from 15 to 20 years, influenced by geological conditions, permeability, gas content, completion quality, and extraction control [1]. - In regions with superior resource endowments and advanced technology, well lifespans may exceed 20 years, while complex geological conditions could result in lifespans of less than 15 years [1]. Group 2: Collaboration with National Pipeline Network - The company has obtained the carrier qualification from the National Pipeline Group, allowing it to transport extracted coalbed methane through the national pipeline network, thereby expanding its customer base beyond local markets [2]. - The company has begun selling a small amount of coalbed methane to provinces such as Jiangsu and Anhui, optimizing its customer structure and reducing reliance on local markets [2]. Group 3: Capital Expenditure and Project Plans - The company plans to invest approximately 800 million yuan in 2025, focusing on stabilizing production in existing areas, enhancing exploration in new blocks, and advancing digital transformation projects [3]. - Key projects include the construction of new wells in thin coal seams, exploration in the Wu Xiang Nan and He Shun Heng Ling areas, and accelerating capacity construction in cooperative zones [3]. Group 4: Infrastructure Development - Recent years have seen the company enhance its station and pipeline infrastructure, including the completion of pressure station upgrades, which have significantly improved external transmission capacity [4]. - The company is also working on resolving competition issues with its controlling shareholder to increase its coalbed methane resource base [4]. Group 5: LNG Plant Construction Plans - Currently, the company does not have plans to construct LNG plants due to potential competition with its controlling shareholder's existing liquefaction facilities and the volatility of LNG prices [5]. - The company remains focused on its core business of coalbed methane exploration and development, primarily through pipeline transportation [5]. Group 6: Financial Performance - In Q1 2025, the company reported a main revenue of 565 million yuan, a year-on-year decrease of 1.02%, while net profit attributable to shareholders increased by 15.74% to 185 million yuan [5]. - The company’s debt ratio stands at 50.25%, with financial expenses amounting to 26.67 million yuan and a gross profit margin of 33.13% [5].

Core Viewpoint - Nanwei Technology (688690) is experiencing growth driven by the booming GLP-1 peptide drug market, leading to increased investment in new drug research and production capacity by domestic and international pharmaceutical companies [2][3]. Group 1: Business Performance - The company's main revenue for Q1 2025 was 189 million yuan, a year-on-year increase of 22.39%, with a net profit attributable to shareholders of 29.22 million yuan, up 72.98% year-on-year [7]. - The gross profit margin for the chromatography filler business is high, accounting for approximately 60% of the company's revenue, which has improved overall profitability [4]. Group 2: Market Strategy - The company is focusing on the antibody new drug projects as a key area for replacing imported products, enhancing competitiveness through continuous R&D investment and product innovation [3]. - To address domestic competition, the company is building a comprehensive chromatography technology platform, providing integrated solutions to avoid price wars in single product categories [6]. Group 3: Mergers and Acquisitions - The acquisition of two instrument companies enhances the company's product line from chromatography fillers to protein purification equipment, improving business and product layout and achieving synergy in customer expansion and market sales [5]. Group 4: Future Outlook - The company is accelerating its overseas market layout and enhancing its overseas sales capabilities to increase application opportunities for its filler products among international clients [3][6].

Core Viewpoint - The company, Lihui Microelectronics (力合微), is focusing on maintaining a strong R&D investment to ensure its competitive edge in the IoT communication and chip design sectors, despite facing challenges in revenue and profit in the first quarter of 2025 [1][4]. R&D Investment and Personnel - Lihui Microelectronics has maintained a high level of R&D investment, totaling 89.02 million yuan in 2024, representing an 8.59% year-on-year increase [2]. - The company employs 182 R&D personnel, accounting for 57.59% of its total workforce, emphasizing its commitment to innovation and product development [2]. - The company has developed significant proprietary technologies, including advanced digital communication and low-power chip design technologies, which have established a competitive advantage in the market [2]. Product Development in Photovoltaics - The company has developed products for the photovoltaic market, including a rapid shutdown chip that complies with the North American SUNSPEC protocol, becoming the first in China to receive international certification [3]. - Lihui Microelectronics has also launched a narrowband PLC SOC chip for the European market, meeting EN50065-1 standards, and has implemented a monitoring and safety shutdown system for rooftop photovoltaic components [3]. Financial Performance - In Q1 2025, the company reported revenue of 97.79 million yuan, a decrease of 24.70% year-on-year, primarily due to the impact of bidding and supply rhythms in the smart grid market [4]. - The net profit attributable to shareholders was 12.59 million yuan, down 46.08% year-on-year, reflecting the decline in revenue [4]. - The company’s non-grid business generated revenue of 32.24 million yuan in 2024, a growth of 39.81% year-on-year, indicating progress in the non-power IoT market [5]. Order Backlog and Revenue Recognition - As of the end of March 2025, the company had an order backlog of 9.3 billion yuan, which is expected to be recognized as revenue within the same year, depending on the delivery and acceptance schedules of the power companies [6].

证券之星消息，2025年7月11日宏华数科(688789)发布公告称长江证券、东方资管于2025年7月11日调研我司。 具体内容如下： 问：公司各业务板块的发展经营情况及未来发展规划是怎样的？ 答：依托数码喷印技术的复用性和可延展性，2024年度，在数码印花领域外，公司已在数字印刷和自动化缝 纫新兴业务领域取得了显著进展。其中，自动化缝纫设备和数字印刷设备合计实现营业收入超过2.8亿元，较 上年同期分别增长37.67%和114.66%。 2025年，除数码印花领域外，公司在将在以下产品和应用领域进一步拓展 (1)在书刊数码印刷设备方面，公司将在产品与市场两端同步发力，持续拓宽销售渠道。公司将不断丰富产品 矩阵，满足客户多层次的需求，包括适合彩色印刷、高清(1200dpi)、宽幅以及铜版纸打印的高端设备到黑 白、窄幅、非高清的入门级设备，同时公司将进一步拓宽销售渠道，包括进一步发展国内外销售代理机构， 加大销售服务工程师配置，为客户更好提供包含装机、培训和售后维修等方面的服务； (2)在自动缝纫设备方面，公司将加快推进德国子公司TexpaGmbh和国内自动装备部门的协同发展，推进产品 生产的国产化替代，通过整合 ...

排队赴港上市A股公司名单将再添一员，7月2日，电池巨头欣旺达发布《关于筹划发行H股股票并在香 港联合交易所有限公司上市的提示性公告》，公告公司拟赴港上市。近年欣旺达持续加快拓展海外市 场。但在电池行业内卷，行业毛利低的背景下，欣旺达海外市场的毛利率水平却远低于国内市场。南都 湾财社记者也就此次赴港上市如何改善公司毛利水平向欣旺达发去采访函，截至发稿时未获回应。 2024年营收560亿元 动力电池市占率全球第十 公告显示，为深入推进公司全球化战略，打造国际化资本运作平台，提升国际品牌形象及综合竞争力， 助力公司长远发展，欣旺达7月1日召开的第六届董事会第十八次会议、第六届监事会第十八次会议同意 公司拟发行境外上市外资股（H股）股票，并申请在香港联交所主板挂牌上市，并将相关议案提交公司 股东大会审议。 公开信息显示，欣旺达创立于1997年。创始人王威原是深圳市佳利达电子加工厂的销售总监，1997年12 月与王明旺先生共同创办欣旺达。2011年，欣旺达在深交所上市，公司目前主要从事锂离子电池研发制 造业务，主要产品为锂离子电池电芯及模组，按产品线划分则可分为消费类电池、电动汽车类电池以及 储能系统类。 其中，消费类 ...

继去年亏损后，来伊份今年上半年再次出现亏损。 7月11日，来伊份发布业绩预告称，今年上半年，其预计归属于上市公司股东净利润为-7000万元 至-4700万元，预计扣除非经常性损益的净利润为-7600万元至-5100万元。而在去年上半年，来伊份的净 利润为1492.45万元，扣除非经常性损益的净利润为-888.88万元。 针对亏损原因，来伊份指出，今年上半年，公司基于现阶段主要销售区域社会消费市场趋势，进行部分 区域的门店店型及结构调整，在调整过程中，直营门店店数及收入均受影响同比下降，导致当期利润不 达预期。 来伊份于1999年在上海成立，主要通过委托生产的方式在全渠道销售自主品牌休闲零食。2016年10月， 来伊份在上交所主板上市，成为A股的休闲零食第一股。其销售休闲零食的主要渠道为线下直营门店， 同时亦布局了加盟门店、经销特通渠道和电商板块，根据去年的财报，直营门店仍是其最主要的收入来 源。 来伊份称直营店门店数下降和收入下滑导致其亏损，实际上，从2022年以来，其就在调整直营店数量， 每年闭店数都超过开店数，这也导致其门店零售收入连年下滑。2024年，其关闭了533家直营店，新开 直营店108家，净减少 ...

九号公司：智能短交通+机器人领域的全能玩家。 公司以"简化人和物的移动"为使命，通过核心技术的复用和升级打造"智能短交通+服务机器人"的平台 化业务生态，形成了电动平衡车、电动滑板车、智能两轮电动车、E-Bike、全地形车、割草机器人和配 送机器人等丰富的产品线。2024 年公司营收/归母净利润分别为142 亿/11 亿（ 同比+39%/+81%），两 轮电动车已成为公司的营收主体（占比51%），割草机器人、全地形车等逐步开始放量，业绩潜力加速 释放可期。 稳中有进-两轮车：高端智能化龙头，享行业结构性升级机遇 当前电动两轮车消费需求呈现明显的高端智能化导向，九号电动车自诞生以来便聚焦智能化&中高端 化，在品牌认知度、购买优先度和智能化性能等维度均行业领先，2024 年九号以60 万+销量独占4000 元以上市场第一梯队。 同时，新国标的实施对车辆性能提出更高要求，市场份额有望向有技术研发实力、规模和品牌优势的优 质厂家集中，公司有望充分受益。另外，公司依托两轮车智能化基因与Segway 品牌优势进军全球E- Bike 市场，进一步实现短交通全场景覆盖。 二次腾飞-服务机器人：抢滩机器人新赛道，助力成长 公司 ...

大智慧（601519）公告，预计2025年半年度实现归属于母公司所有者的净利润为-420万元到-280万元， 预计2025年半年度实现归属于母公司所有者的扣除非经常性损益的净利润为-4000万元到-3000万元。 ...