证券代码：688088 证券简称：虹软科技 公告编号：临 2026-001 虹软科技股份有限公司 2025 年度业绩快报公告 报告期内，公司实现营业总收入 92,297.10 万元，同比增长 13.22%；归属 于母公司所有者的净利润 25,770.60 万元，同比增长 45.86%；归属于母公司所 有者的扣除非经常性损益的净利润 21,325.23 万元，同比增长 36.85%。报告期 末，公司总资产 303,186.97 万元，较报告期期初增长 0.35%；归属于母公司的 所有者权益 274,021.36 万元，较报告期期初增长 0.82%。 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 本公告所载 2025 年度主要财务数据为初步核算数据，未经会计师事务所审 计，具体数据以虹软科技股份有限公司（以下简称公司）2025 年年度报告中披 露的数据为准，提请投资者注意投资风险。 | | | 单位：人民币 | 万元 | | --- | --- | --- | --- | | 项目 | 本报告期 | 上年同期 | 增减变动幅 ...

Core Viewpoint - Hongsoft Technology (688088.SH) reported a strong performance for the fiscal year 2025, with significant growth in both revenue and net profit, indicating robust market adaptability and ongoing innovation efforts [1] Financial Performance - The company achieved total operating revenue of 923 million yuan, representing a year-on-year increase of 13.22% [1] - Net profit attributable to the parent company was 258 million yuan, reflecting a year-on-year growth of 45.86% [1] - The net profit attributable to the parent company after deducting non-recurring gains and losses was 213 million yuan, showing a year-on-year increase of 36.85% [1] Business Segments - In the mobile smart terminal business, the company maintained its leading position in mobile imaging technology and market share, with steady revenue growth driven by new AI glasses visual solutions achieving mass production in several benchmark projects [1] - In the automotive AI sector, the company expanded its project portfolio, contributing positively to revenue, with the Tahoe product for in-cabin visual solutions also achieving mass production and shipment during the reporting period [1]

虹软科技公告称，2025年度营业总收入92297.10万元，同比增长13.22%；归属于母公司所有者的净利润 25770.60万元，同比增长45.86%；扣非净利润21325.23万元，同比增长36.85%。报告期末，总资产 303186.97万元，较期初增长0.35%；所有者权益274021.36万元，较期初增长0.82%。业绩增长得益于业 务拓展与规模效应，以及政府补助增加。数据为初步核算，未经审计，以年报为准。 ...

南财智讯2月25日电，虹软科技发布2025年度业绩快报，报告期内公司实现营业收入9.23亿元，同比增 长13.22%；归属于上市公司股东的净利润2.58亿元，同比增长45.86%；基本每股收益0.64元，同比增长 45.45%。 ...

行业点评报告 · 计算机行业 国产 AI 春节档攻势如潮，全球 AI 趋向务实 ——2026 年春节档 AI 产业动态点评 2026 年 2 月 23 日 核心观点 计算机行业 推荐 维持评级 分析师 吴砚靖 ：wuyanjing@chinastock.com.cn 分析师登记编码：S0130519060002 邹文倩 ：zouwenqian@chinastock.com.cn 分析师证书编码：S0130519060003 相对沪深 300 表现图 2026 年 2 月 23 日 -10% 0% 10% 20% 30% 40% 50% 计算机SW 沪深300 www.chinastock.com.cn 证券研究报告 请务必阅读正文最后的中国银河证券股份有限公司免责声明 事件：2026 年春节档，全球 AI 产业呈现分化特征，标志性事件体现为： 1、 国 产 AI 厂 商 借 助 春 节 效 应 争 夺 C 端 生 态 入 口 ， 并 一 度 屠 榜 OpenRouter 周度实时性价比榜单前三：2026 年春节期间，国产大模型 在开发者平台 OpenRouter 的实时性价比榜单上一度包揽前三。智谱 AI 同 ...

Core Viewpoint - The company, Hongsoft Technology, is a leading supplier of visual artificial intelligence algorithms, focusing on mobile smart devices and smart vehicles [1] Group 1: Company Overview - Hongsoft Technology has a rich product line of visual algorithms tailored for smartphones, AI glasses, and smart cars [1] - The main source of revenue for the company comes from licensing its core technologies developed in-house [1] Group 2: Clientele - Major clients include globally recognized smartphone manufacturers such as Samsung, Xiaomi, OPPO, vivo, Honor, and Moto, as well as domestic and some joint venture and foreign automotive manufacturers [1] Group 3: Business Stability - The company reports healthy and stable business development, although its stock price may fluctuate due to various factors in the capital market [1]

Macro and Strategy Research - The PPI year-on-year decline continues to narrow, with a January PPI decrease of 1.4% and a month-on-month increase of 0.4, indicating improvements in supply-demand structures in key sectors and rising prices in some industries due to international metal prices [4][7] - The CPI for January increased by 0.2% both year-on-year and month-on-month, with a marginal decline in the year-on-year growth rate attributed to high base effects from the previous year and falling energy prices [3][4] - The central bank's monetary policy report emphasizes continued implementation of a moderately loose monetary policy, focusing on stabilizing economic growth and reasonable price recovery, with no immediate expectations for rate cuts or reserve requirement ratio reductions [4] Industry Research - Significant capital expenditure growth is observed among overseas cloud vendors, with projected capital expenditures reaching $660 billion in 2026, a 60% increase from 2025, indicating strong demand for AI computing power [11] - The AI application sector is approaching a commercialization inflection point, with notable advancements in products like ByteDance's AI video generation model Seedance 2.0, which shows significant improvements in core metrics and is expected to enhance content production efficiency [11] - The computer industry saw a 1.72% increase in the week from February 5 to February 11, with all sub-sectors experiencing growth, highlighting a positive market trend [9]

Investment Rating - The report maintains a "Neutral" rating for the computer industry and an "Accumulate" rating for Hongsoft Technology (688088) [2][28] Core Insights - The report highlights that overseas cloud vendors such as Amazon, Google, Microsoft, and Meta are expected to have capital expenditures reaching $660 billion in 2026, a year-on-year increase of approximately 60% compared to 2025. This indicates a robust growth phase for global AI computing demand despite concerns over cash flow pressures for these companies [27] - The AI application sector is witnessing multiple catalysts, with ByteDance's AI video generation model Seedance 2.0 showing significant improvements in core metrics, which is expected to enhance its application in areas like AI short dramas and industry reports, thereby reducing costs and increasing efficiency in content production [27] - The report suggests focusing on leading companies that possess strong AI technology implementation capabilities and scene adaptability as the industry approaches a commercialized inflection point [27] Industry News - ByteDance's latest video generation model Seedance 2.0 has entered internal testing, supporting multi-modal input and intelligent scene segmentation, significantly reducing the cost of traditional film IP development [14] - Anthropic has released its new AI model Claude Opus 4.6, which enhances autonomy and focus, improving capabilities in code planning, debugging, and review [14][15] Company Announcements - Unisplendour announced a plan to issue A-shares to specific targets, aiming to raise up to 5.57 billion yuan for acquiring a 6.98% stake in H3C, R&D equipment purchases, and repaying bank loans [17] - Parallel Technology plans to purchase GPU computing servers for up to 117 million yuan to expand its computing resource pool [18] - China Shipbuilding Industry Corporation announced an investment of 153 million yuan for construction projects in its consumables industrial park [20] Market Review - From February 5 to February 11, the CSI 300 index rose by 0.32%, while the Shenwan Computer Industry Index increased by 1.72%, with all sub-sectors showing positive growth [21]

【国盛计算机】字节Seedance2.0发布，"杀死比赛"级产品惊艳亮相 #字节Seedance2.0发布，"杀死比赛"级产品惊艳亮相。 进入2026年以来，视频模型领域频繁发布更新，而近期发布的字节即梦Seedance 2.0一经亮相，就成为个中翘楚： 它支持图像、视频、音频、文本四种模态输入，指令理解准确性、物理规律合理性、元素一致性水平都有所提 升，而更重要的是，通过多模态输入以及参考资料的多样化，Se 【国盛计算机】字节Seedance2.0发布，"杀死比赛"级产品惊艳亮相 #字节Seedance2.0发布，"杀死比赛"级产品惊艳亮相。 进入2026年以来，视频模型领域频繁发布更新，而近期发布的字节即梦Seedance 2.0一经亮相，就成为个中翘楚： 它支持图像、视频、音频、文本四种模态输入，指令理解准确性、物理规律合理性、元素一致性水平都有所提 升，而更重要的是，通过多模态输入以及参考资料的多样化，Seedance 2.0可以实现精准复刻运镜与动作，镜头连 贯性更强，从而带来更高的模型可控性。 #对产业的意义？ 投资建议： AI漫剧：万兴科技、快手、阜博集团、新国都等； 多模态：当虹科技、虹软科技 ...

Investment Rating - The report maintains an "Accumulate" rating for the industry [4] Core Insights - The release of Byte's Seedance 2.0 marks a significant advancement in video generation technology, supporting multi-modal inputs (image, video, audio, text) and enhancing controllability, which is expected to drive industrialization in the video generation sector [1][21] - The traditional "gacha" mechanism in the AI drama industry, which incurs additional costs due to the randomness of AI-generated content, is addressed by Seedance 2.0's improved controllability, potentially reducing production costs and timelines [2][22] - Sensitivity analysis indicates that adopting Seedance 2.0 could lower total generation costs by approximately 5% under conservative assumptions and by 37% under neutral assumptions, compared to industry peers [2][30] Summary by Sections 1. Seedance 2.0 Release - Seedance 2.0 has been launched with enhanced capabilities, supporting four types of inputs and improving instruction understanding, physical realism, and element consistency [1][11] - The model's controllability allows for precise replication of complex camera movements and actions, enhancing the overall video generation process [17][19] 2. Implications for the Industry - The significant improvement in controllability is expected to lead to a leap in the industrialization of video generation, reducing the costs associated with the "gacha" mechanism prevalent in the AI-generated content industry [22] - The report highlights that Seedance 2.0 can effectively lower production costs and timelines in the AI drama sector by minimizing the need for multiple attempts to achieve satisfactory results [2][22] 3. Investment Recommendations - The report suggests focusing on companies involved in AI drama such as Wanjing Technology, Kuaishou, Fubo Group, and New Guodu, as well as multi-modal companies like Danghong Technology and Hongruan Technology [3][30]