据证券之星公开数据整理，近期江波龙(301308)发布2025年中报。截至本报告期末，公司营业总收入 101.96亿元，同比上升12.8%，归母净利润1476.63万元，同比下降97.51%。按单季度数据看，第二季度 营业总收入59.39亿元，同比上升29.51%，第二季度归母净利润1.67亿元，同比下降20.55%。本报告期 江波龙应收账款上升，应收账款同比增幅达37.34%。 本次财报公布的各项数据指标表现一般。其中，毛利率12.96%，同比减44.89%，净利率0.4%，同比减 93.86%，销售费用、管理费用、财务费用总计7.45亿元，三费占营收比7.3%，同比减19.06%，每股净资 产16.08元，同比减1.36%，每股经营性现金流1.65元，同比增148.59%，每股收益0.04元，同比减97.22% | 项目 | 2024年中报 | 2025年中报 | 同比增幅 | | --- | --- | --- | --- | | 营业总收入(元) | 2665.06 | 101.96亿 | 12.80% | | 归母净利润（元） | 5.947 | 1476.63万 | -97.51% | | 扣非净 ...

Group 1: Service Trade and Economic Policies - Shenzhen is set to gradually relax or eliminate restrictions on service trade under cross-border delivery and overseas consumption models, aiming to enhance the quality of service consumption and expand the openness of the service industry [1] - The Ministry of Finance plans to implement more proactive fiscal policies and introduce incremental reserve policies in response to changing circumstances, focusing on stabilizing employment, enterprises, markets, and expectations to support economic development and social stability [3] Group 2: Financial Operations and Market Liquidity - The People's Bank of China conducted a 300 billion yuan MLF operation to maintain ample liquidity in the banking system, resulting in a net injection of 118 billion yuan for June, marking the fourth consecutive month of increased liquidity [2] Group 3: Industry Developments and Trends - CITIC Securities reports that the price of DDR4 memory has exceeded expectations, with a forecast for continued price increases into Q3 2025, indicating a potential turning point for profitability among storage module manufacturers [5] - The Yangtze River Delta region's foreign trade has surpassed 100 trillion yuan, demonstrating strong resilience and vitality, with a 5.2% year-on-year increase in imports and exports in the first five months of the year [6] - The telecommunications sector reported a total revenue of 748.8 billion yuan in the first five months, reflecting a 1.4% year-on-year growth [7] Group 4: Technological Advancements and Standards - China is leading the development of the world's first international standard system for quantum-resistant network security protocols in the data communication field, with ongoing efforts to establish guidelines and frameworks for secure communication [9] Group 5: Marine Economy Initiatives - Shanghai is planning to introduce the "Shanghai Marine Economy Promotion Regulations" and explore the establishment of a marine industry development group to enhance financial support and optimize the development of the marine industry [10] - The city aims to promote the development of marine intelligent robots and create a product matrix for marine intelligent equipment, focusing on advanced underwater and surface robotic systems [11]