8月27日晚，安路科技（688107.SH）正式发布2025年半年报。数据显示，今年上半年，公司实现营收 2.23亿元，第二季度营收环比增长39.4%，业绩呈现强劲回升态势，核心发展动能持续增强。 安路科技始终将"助力客户商业成功"作为核心价值观，深耕FPGA（现场可编程门阵列）/FPSoC（现场 可编程系统级芯片）芯片系列产品的迭代升级，以硬核实力强化市场竞争力，在国产FPGA赛道持续彰 显标杆价值。 业绩企稳回升 新兴领域实现突破性增长 全球智能化进程的加速推进，对芯片的计算效率、计算能力和功耗比提出了更高要求，FPGA作为实现 智能化升级的关键元器件，其长期市场需求依然保持强劲增长态势。 在研项目方面，安路科技并行推进包括新一代FPGA、低功耗与高性能FPSoC、车规芯片等在内的五大 研发方向。目前，国产28nm工艺FPGA芯片多个型号已实现量产出货；面向智算服务器的新一代FPGA 芯片也已与重点客户达成合作意向；车规级芯片严格遵循AEC-Q100标准，部分产品已批量供货并成功 应用于车载系统。 此外，安路科技不断加强应用生态建设。截至报告期末，公司累计推出超过200个IP及参考设计，覆盖 以太网、信号 ...

Group 1 - The company reported a revenue of 3.59 billion yuan for 2024, representing a year-on-year growth of 1.53% [1] - The net profit attributable to shareholders was 573 million yuan, a decrease of 20.42% year-on-year, while the net profit excluding non-operating gains and losses was 464 million yuan, down 18.92% [1] - In Q4 2024, the company achieved a single-quarter revenue of 907 million yuan, a year-on-year increase of 13.57%, and a net profit of 145 million yuan, up 109.59% year-on-year [1] Group 2 - The smart meter business showed signs of recovery, driven by increased bidding for meters from State Grid and Southern Grid, along with sustained demand in the overseas meter market [1] - The sales of smart meter MCUs saw significant growth, with the company benefiting from previous investments in automotive electronics, smart home appliances, and industrial sectors [1] - The company has sold over 10 million units in the automotive electronics sector [1] Group 3 - The new generation of FPGA products is being actively developed, with a wide market space [2] - The product lineup includes million-gate, billion-gate, and embedded programmable device chips, with ongoing advancements in 1xnm FinFET technology [2] - Revenue forecasts for 2025-2027 are projected at 4.00 billion, 4.74 billion, and 5.48 billion yuan, with corresponding net profits of 789 million, 965 million, and 1.15 billion yuan [2]