• 通宇通信 2024 年扣非净利润同比大幅增长 91.59%，经营活动现金流显 著改善，毛利率提升至 22.21%，费用减少 1,295 万元，显示出较强的盈 利能力恢复态势。海外业务收入增长 20.27%至 4.3 亿元，卫星通信业务 收入达 4,280.02 万元，成为新的增长点。 • 2025 年一季度，通宇通信营收同比增长 6.08%至 2.5 亿元，归母净利润 同比增长 128%至 1,118.2 万元，扣非净利润增长 157%至 386.81 万元。 海外收入占比达到历史新高 53%，主要受益于中东、东南亚和俄罗斯市场 的增长，以及卫星通信业务的贡献。 • 通宇通信积极布局卫星通信全产业链，已交付 12 个地面终端项目，预计 2025 年交付更多。自主研发的高铁动车卫星通信产品、星载相控阵天线 产品、低轨相控阵终端产品已进入样品或小批量交付阶段，低轨相控阵终 端产品性能达到行业先进水平。 • 公司持续加大研发投入，2024 年研发投入近 9,000 万元，占总收入近 10%，未来将重点投入卫星通信领域，包括低轨与高轨卫星互联技术、地 面站天线、星载相控阵天线及 Wi-Fi 标准，旨在形成空天地一 ...

美国联邦通信委员会（FCC）开始评估卫星通信频段共享制度。 ...

"多元本地化"战略打造全球竞争力 4月28日，上海剑桥科技（603083）股份有限公司(简称"公司"或"剑桥科技"，证券代码：603083.SH)宣 布，已正式向香港联合交易所有限公司(简称"联交所")提交H股发行上市申请，并在联交所网站披露申 请材料。本次上市由国泰君安国际担任独家保荐人。若成功登陆港股主板，剑桥科技将成为A股+H 股"AI通信第一股"，标志着其在全球化资本布局与技术创新的双轮驱动下迈入全新阶段。 作为全球为数不多同时提供光通信、宽带及无线技术相关高效即时连接解决方案的提供商，剑桥科技凭 借技术创新位居行业第一梯队。弗若斯特沙利文数据显示，以2024年销售收入计算，剑桥科技在全球综 合光学与无线连接设备(OWCD)行业中位列第5。作为全球OWCD行业率先建立智能工厂的先锋企业之 一，剑桥科技为全球AI算力基建、数据中心及电信网络提供核心硬件支撑，奠定了其作为领先的支持 人工智能发展的端到端基础设施解决方案提供商的行业地位。 创新驱动技术领先 剑桥科技的核心竞争力源于强大的研发实力。其全球研发团队规模达630人，占员工总数超50%，核心 团队及研发人员来自全球最负盛名的机构。在AI通信领域，剑 ...

➢ 基本盘业务稳健，积极发展 AI、卫星通信、量子业务。 中国电信（601728.SH）2025 年一季报点评 经营稳健，战新业务驱动长期价值增长 2025 年 04 月 28 日 ➢ 事件：2025 年 4 月 25 日，中国电信发布 2025 年一季度财报：营业收入 1,345 亿元，同比增长 0.01%；归母净利润 89 亿元，同比增长 3.1%。 25Q1 服务收入 1,247 亿元，同比增长 0.3%，环比增长 4.6%。1）移动、固网 业务稳健发展。移动通信业务：移动用户数达 4.29 亿户，净增 495 万户，5G 用 户数达 2.7 亿户，渗透率提升至 62.0%，手机上网总流量同比增长 14.2%，DOU （户均流量）达 20.4GB，同比增长 9.1%。固网及智慧家庭业务：宽带用户数达 1.98 亿户，净增 67 万户。千兆宽带用户渗透率约 30%，智慧家庭收入同比增长 11.5%，持续受益于数字化升级需求。2）第二曲线业务高速增长。IDC 收入 95 亿元，同比增长 10.4%，24 年全年增速为 7.3%；智能收入同比增长 151.6%、 视联网同比增长 58.4%、卫星通信同比增长 ...

4月28日，通宇通讯接受蜂巢基金、生命保险资产管理、中信建投证券等超80家机构线上调研，机构类 型为公募、券商、私募、银行理财子、保险、信托公司等机构。期间管理层就公司战略规划、技术研 发、市场拓展等议题展开深度交流。此次调研进一步凸显了资本市场对通宇通讯在通信领域核心竞争力 的高度关注，而其2024年报及2025年一季报披露的业绩增长与创新成果，则为机构投资者注入了一 剂"强心针"。 据了解，作为国内通信天线及射频器件行业的领军企业，通宇通讯在通信领域已深耕多年，专注于通信 天线、射频器件、微波天线等产品的研发、生产与销售，服务全球多家知名通信运营商和设备集成商。 年报显示，公司实现营业收入 11.94 亿元，销售毛利率较上年同期增长 6.73 个百分点至 22.21%。这一 成绩的取得，不仅体现了公司在复杂市场环境中的良好发展态势，更反映出其主营业务盈利能力的持续 改善。公司通过优化内部管理、提升运营效率等一系列举措，有效降低了成本，提高了产品的附加值， 从而推动了毛利率的提升。 在投资者互动环节中，通宇通讯对2024年及2025年一季度的营收构成及整体经营情况、市场格局及竞争 态势、卫星通信市场的布局以 ...

证券代码：002792 证券简称：通宇通讯 编号：2025-002 广东通宇通讯股份有限公司 投资者关系活动记录表 | | □特定对象调研 □分析师会议 | | --- | --- | | 投资者关系活动 | □媒体采访 √业绩说明会 | | 类别 | □新闻发布会 □路演活动 | | | □现场参观 □其他 | | | 浙商证券；华福证券；华西证券；长江证券；兴业证券；长城证券； 德邦证券；东兴证券；山西证券；中银国际证券；华泰证券；西部 | | | 证券；招商证券；国泰君安证券；天风证券；西南证券；民生证券； | | | 东方财富证券；广发证券；中信建投证券；财通证券；农银汇理基 | | | 金；诺德基金；百嘉基金；信达澳亚基金；南华基金；宏利基金； | | | 中航基金；长盛基金；蜂巢基金；西部利得基金；金豆子资管；鸿 | | | 运私募基金；深圳市华皓汇金私募；东莞榕果投资；运舟私募基金； | | | 康曼德资本；上海银叶投资；上海极灏私募；山楂树投资；熵盈私 | | 参与单位名称 | 募；健顺投资；上海嘉世私募；宁波三登投资；创富兆业金融；金 | | | 之灏基金；禅龙资管；耕霁(上海)投资；前海汇 ...

Investment Rating - The investment rating for Luxshare Precision (002475.SZ) is "Recommended" (maintained) with a current stock price of 31.61 CNY [1]. Core Views - The company is expected to achieve a revenue of 268.795 billion CNY in 2024, representing a year-over-year growth of 15.91%, and a net profit attributable to shareholders of 13.366 billion CNY, reflecting a 22.03% increase year-over-year [3][6]. - The company plans to distribute a cash dividend of 2 CNY per 10 shares to all shareholders [3]. - The overall gross margin and net margin for 2024 are projected to be 10.41% (down 1.17 percentage points year-over-year) and 5.42% (up 0.14 percentage points year-over-year), respectively [6]. Summary by Sections Financial Performance - In 2024, the company is expected to generate revenues of 268.795 billion CNY, with a year-over-year growth of 15.91% [5]. - The net profit for 2024 is projected at 13.366 billion CNY, marking a 22.03% increase year-over-year [5]. - The first quarter of 2025 is anticipated to show revenues of 61.788 billion CNY (up 17.90% year-over-year) and a net profit of 3.044 billion CNY (up 23.17% year-over-year) [6]. Business Segments - Revenue from various business segments in 2024 is expected to be as follows: Consumer Electronics 224.094 billion CNY (up 13.65% YoY), Computers 9.002 billion CNY (up 20.15% YoY), Automotive 13.758 billion CNY (up 48.69% YoY), and Communications 18.360 billion CNY (up 26.29% YoY) [6]. - The company is actively expanding its product layout from consumer electronics to a diversified range of components, modules, and accessories, including connectors, acoustic products, antennas, and wireless charging systems [7]. Future Outlook - The company has adjusted its profit forecasts for 2025-2027, expecting net profits of 16.140 billion CNY, 19.204 billion CNY, and 22.637 billion CNY, respectively, with corresponding P/E ratios of 14, 12, and 10 times [8]. - The company is also pursuing strategic acquisitions, such as the planned acquisition of the German automotive wiring harness manufacturer Leoni Group, which is expected to enhance product development and market expansion [7].

登录新浪财经APP 搜索【信披】查看更多考评等级 星光股份（维权）（股票代码：002076.SZ）因2024年度业绩预告与实际年报数据差异巨大，且未及时 披露退市风险提示，于2025年4月27日收到广东证监局的警示函。公司董事长戴俊威、总经理兼财务总 监李振江、董事会秘书张桃华因未能勤勉尽责，被一并采取行政监管措施。 1. 业绩预告与年报数据的严重背离 2025年1月20日，星光股份发布业绩预盈公告，预计2024年利润总额为150万至225万元，归母净利润为 355万至520万元，扣非净利润为135万至200万元。然而，4月27日发布的年报显示，实际数据全面恶 化：利润总额亏损3253.20万元，归母净利润亏损3097.56万元，扣非净利润亏损2696.90万元。业绩预告 的盈亏性质与实际数据发生根本性反转，差异幅度超3000万元，远超市场预期。 2. 监管认定的违规行为 广东证监局指出，公司存在两项核心违规： 信息披露不准确：业绩预告未合理反映子公司商誉减值、诉讼损失等重大风险，导致投资者决策信息失 真。 退市风险提示延迟：根据《深圳证券交易所股票上市规则》，若公司利润总额、净利润、扣非净利润均 为负且营业 ...

Core Viewpoint - The article discusses the impending cessation of telegram services in Hangzhou, marking the end of an era for this once vital communication method, as the last telegram operator experiences a surge in demand from nostalgic and curious customers [1][16][38]. Group 1: Current Situation of Telegram Services - Hangzhou will officially stop telegram services starting May 1, with only Beijing and Hangzhou remaining as the last cities offering this service [1]. - Following the announcement, there has been a significant increase in telegram requests, leading to long queues at the local telecom office [7][11]. - The telegram service has seen a revival of interest, particularly among younger generations who are curious about this traditional form of communication [8][16]. Group 2: Historical Context and Evolution - Telegrams were once a crucial means of communication in China, especially during the 1980s when telephone penetration was low, with telegrams being the fastest way to send urgent messages [27]. - The peak of telegram usage in Hangzhou occurred in 1988, with a record of 1.9485 million telegrams sent, but the service began to decline with the rise of long-distance telephone services in the 1990s [27][37]. - The last telegram operator, Ren Hong, has witnessed the transition of telegrams from a primary communication tool to a nostalgic and emotional medium [16][27]. Group 3: Emotional and Cultural Significance - The current surge in telegram requests is attributed to a mix of curiosity and nostalgia, with many customers wanting to preserve a piece of history [16][38]. - Telegrams are now seen as a special way to convey emotions and sentiments, contrasting with the immediacy of modern communication methods like WeChat [5][15][44]. - The emotional weight of telegrams is highlighted by personal stories shared by customers, emphasizing their role in connecting families and preserving memories [46].

Group 1 - Quantum mechanics is one of the most significant scientific discoveries since the 20th century, leading to the first quantum revolution with major technological breakthroughs such as lasers, transistors, and nuclear magnetic resonance, fundamentally changing daily life [1] - The second wave of the quantum revolution is emerging in the 21st century, giving rise to new technologies like quantum computing, quantum communication, and quantum measurement, which will greatly enhance human capabilities in information acquisition, transmission, and processing [1] - China has formed a regional collaborative development pattern in the quantum computing industry, leveraging research advantages, policy support, and industrial foundations to build a differentiated quantum computing ecosystem [1] Group 2 - China is now the third country in the world capable of delivering complete quantum computers, positioning itself in the first tier of the global quantum computing race [2] - The domestically developed third-generation superconducting quantum computer "Benyuan Wukong" features a 72-qubit superconducting quantum chip "Wukong Chip," capable of executing up to 200 quantum circuit tasks simultaneously, making it the most advanced programmable superconducting quantum computer delivered in the country [2] - The research team behind "Benyuan Wukong" has independently developed key components including quantum chips, measurement and control systems, environmental support systems, and operating systems, establishing China's first superconducting quantum computer manufacturing chain [2]