天眼查商业履历信息显示，苏州东山精密制造股份有限公司，成立于1998年，位于苏州市，是一家以从 事计算机、通信和其他电子设备制造业为主的企业。企业注册资本170591.371万人民币，实缴资本 12000万人民币。公司法定代表人为袁永刚。 通过天眼查大数据分析，苏州东山精密制造股份有限公司共对外投资了37家企业，参与招投标项目34 次，知识产权方面有商标信息66条，专利信息344条，此外企业还拥有行政许可56个。 来源：金融界 金融界消息 截至2025年8月25日收盘，东山精密（002384）报收于57.16元，上涨7.32%，换手率 8.22%，成交量113.91万手，成交金额63.74亿元。 资金流向方面，今日主力资金净流入4.03亿元，占比成交额6.33%。其中，超大单净流入4.14亿元、占 成交额6.5%，大单净流出1089.49万元、占成交额0.17%，中单净流出流出22840.66万元、占成交额 3.58%，小单净流出17500.93万元、占成交额2.75%。 东山精密最新一期业绩显示，截至2025一季报，公司营业总收入86.02亿元、同比增长11.07%，归属净 利润4.56亿元，同比增长57. ...

天眼查商业履历信息显示，中国东方红卫星股份有限公司，成立于1997年，位于北京市，是一家以从事 计算机、通信和其他电子设备制造业为主的企业。企业注册资本118248.9135万人民币，实缴资本 118248.9135万人民币。公司法定代表人为李大明。 通过天眼查大数据分析，中国东方红卫星股份有限公司共对外投资了14家企业，参与招投标项目178 次，知识产权方面有商标信息7条，专利信息8条，此外企业还拥有行政许可2个。 来源：金融界 金融界消息 截至2025年8月25日收盘，中国卫星（600118）报收于33.3元，上涨10.01%，换手率 6.95%，成交量82.18万手，成交金额26.40亿元。 资金流向方面，今日主力资金净流入3.56亿元，占比成交额13.49%。其中，超大单净流入5.91亿元、占 成交额22.38%，大单净流出23457.02万元、占成交额8.88%，中单净流出流出23565.56万元、占成交额 8.93%，小单净流出12051.77万元、占成交额4.56%。 中国卫星最新一期业绩显示，截至2025中报，公司营业总收入13.21亿元、同比增长28.00%，归属净利 润3049.15万元， ...

天眼查商业履历信息显示，曙光信息产业股份有限公司，成立于2006年，位于天津市，是一家以从事计 算机、通信和其他电子设备制造业为主的企业。企业注册资本146311.5784万人民币，实缴资本8250万 人民币。公司法定代表人为历军。 通过天眼查大数据分析，曙光信息产业股份有限公司共对外投资了41家企业，参与招投标项目539次， 知识产权方面有商标信息415条，专利信息1218条，此外企业还拥有行政许可55个。 金融界消息 截至2025年8月25日收盘，中科曙光（603019）报收于91.11元，上涨10.0%，换手率1.2%， 成交量17.49万手，成交金额15.93亿元。 资金流向方面，今日主力资金净流入3.01亿元，占比成交额18.92%。其中，超大单净流入3.83亿元、占 成交额24.05%，大单净流出8166.08万元、占成交额5.13%，中单净流出流出18851.93万元、占成交额 11.83%，小单净流出11297.14万元、占成交额7.09%。 中科曙光最新一期业绩显示，截至2025一季报，公司营业总收入25.86亿元、同比增长4.34%，归属净利 润1.86亿元，同比增长30.79%，扣非净利 ...

Core Insights - The stock price of Jingwang Electronics (603228) closed at 59.6 yuan, up 10.0% as of August 25, 2025, with a trading volume of 592,700 hands and a transaction amount of 3.43 billion yuan [1] Financial Performance - For Q1 2025, the company reported total revenue of 3.343 billion yuan, a year-on-year increase of 21.90% - Net profit attributable to shareholders was 325 million yuan, up 2.18% year-on-year - Non-recurring net profit was 232 million yuan, a decrease of 17.56% year-on-year - Current ratio stood at 1.597, quick ratio at 1.308, and debt-to-asset ratio at 41.62% [1] Investment and Intellectual Property - Jingwang Electronics has invested in 10 companies and participated in 34 bidding projects - The company holds 59 trademark registrations and 303 patents, along with 95 administrative licenses [2]

Core Viewpoint - Chutianlong Co., Ltd. reported significant pressure on its operating performance in the first half of 2025, with a revenue decline of 4.83% year-on-year and a net profit loss of 0.40 billion yuan, marking a 213.07% decrease compared to the previous year [1][2]. Financial Performance - The company's revenue for the first half of 2025 was 4.57 billion yuan, down from the previous year [1]. - Key financial metrics such as net profit margin, gross profit margin, and return on equity reached new lows, with net profit margin dropping from -2.66% to -8.72%, a decline of 6.06 percentage points [1]. - Gross profit margin fell from 30.23% to 24.58%, a decrease of 5.66 percentage points [1]. - Return on equity was -2.77, down by 1.92 percentage points [1]. Cash Flow and Inventory Management - The company faced increased cash flow pressure, with a net cash flow from operating activities of -1.33 billion yuan, worsening from -0.63 billion yuan in the previous year [2]. - Inventory turnover days improved to 94.07 days, a decrease of 14.76% compared to the previous year, indicating better inventory management [2]. - The asset-liability ratio was 25.06%, down by 0.79 percentage points year-on-year, suggesting a reduction in the proportion of total liabilities to total assets [2]. Institutional Holdings - The number of institutional investors holding Chutianlong shares plummeted from 41 to just 1, indicating a significant loss of confidence among institutional investors [2]. Business Challenges and Strategies - The company attributed its revenue decline to intensified market competition, high R&D costs, and delayed customer payments leading to credit impairment losses [1][2]. - Chutianlong is focusing on expanding orders, improving operational efficiency, and enhancing cost control while increasing investment in new product development [3]. - The company is actively involved in the digital currency sector, providing integrated software and hardware solutions for various applications, although revenue from digital currency-related businesses remains a small portion of total revenue [3].

上市公司：中国长城（000066），浪潮信息（000977），新大陆（000997），魅视科技（001229），智 微智能（001339），纳思达（002180），证通电子（002197），大华股份（002236），电科网安 （002268），中威电子（300270），智迪科技（301503），中润光学（688307），萤石网络 （688475），三未信安（688489） 相关报告：智研咨询发布的《2025-2031年中国通信设备行业市场行情监测及发展趋向研判报告》 数据来源：国家统计局，智研咨询整理 2025年1-5月，计算机、通信和其他电子设备制造业企业数（以下数据涉及的企业，均为规模以上工业 企业，从2011年起，规模以上工业企业起点标准由原来的年主营业务收入500万元提高到年主营业务收 入2000万元）为29875个，和上年同期相比，增加了1572个，同比增长5.55%，占工业总企业的比重为 5.75%。 知前沿，问智研。智研咨询是中国一流产业咨询机构，十数年持续深耕产业研究领域，提供深度产业研 究报告、商业计划书、可行性研究报告及定制服务等一站式产业咨询服务。专业的角度、品质化的服 务、敏锐的市场洞 ...

天眼查商业履历信息显示，新疆大全新能源股份有限公司，成立于2011年，位于自治区直辖县级行政区 划，是一家以从事计算机、通信和其他电子设备制造业为主的企业。企业注册资本214493.7715万人民 币，实缴资本163254.15万人民币。公司法定代表人为徐广福。 通过天眼查大数据分析，新疆大全新能源股份有限公司共对外投资了6家企业，参与招投标项目307次， 专利信息508条，此外企业还拥有行政许可70个。 来源：金融界 大全能源所属概念板块包括：光伏设备、新疆板块、MSCI中国、沪股通、上证180_、融资融券、 HS300_、半导体概念、西部大开发、太阳能。 资金流方面，大全能源近5日主力资金流出8546.91万元，区间跌幅3.42%；近10日主力资金流出1.52亿 元，区间跌幅3.14%。 8月25日，沪深两融数据显示，大全能源上周累计获融资净买入额2988.47万元，居两市第427位，上周 融资买入额3.32亿元，偿还额3.02亿元。 ...

8月25日，沪深两融数据显示，XD华之杰上周累计获融资净买入额3315.35万元，居两市第400位，上周 融资买入额1.70亿元，偿还额1.37亿元。 华之杰所属概念板块包括：通用设备、江苏板块、融资融券、机构重仓、QFII重仓、注册制次新股、充 电桩、次新股。 资金流方面，华之杰近5日主力资金流入1568.29万元，区间涨幅0.89%；近10日主力资金流出9802.49万 元，区间跌幅3.24%。 天眼查商业履历信息显示，苏州华之杰电讯股份有限公司，成立于2001年，位于苏州市，是一家以从事 计算机、通信和其他电子设备制造业为主的企业。企业注册资本10000万人民币，实缴资本7500万人民 币。公司法定代表人为陆亚洲。 通过天眼查大数据分析，苏州华之杰电讯股份有限公司共对外投资了3家企业，参与招投标项目1次，知 识产权方面有商标信息9条，专利信息247条，此外企业还拥有行政许可16个。 来源：金融界 ...

天眼查商业履历信息显示，上海柏楚电子科技股份有限公司，成立于2007年，位于上海市，是一家以从 事计算机、通信和其他电子设备制造业为主的企业。企业注册资本20545.2708万人民币，实缴资本 7465.1283万人民币。公司法定代表人为唐晔。 通过天眼查大数据分析，上海柏楚电子科技股份有限公司共对外投资了3家企业，参与招投标项目36 次，知识产权方面有商标信息202条，专利信息191条，此外企业还拥有行政许可38个。 8月25日，沪深两融数据显示，柏楚电子上周累计获融资净买入额3246.48万元，居两市第408位，上周 融资买入额1.72亿元，偿还额1.40亿元。 柏楚电子所属概念板块包括：软件开发、上海板块、百元股、专精特新、MSCI中国、沪股通、上证 380、中证500、融资融券、QFII重仓、国产软件。 资金流方面，柏楚电子近5日主力资金流入1.24亿元，区间涨幅6.33%；近10日主力资金流入1.57亿元， 区间涨幅5.14%。 来源：金融界 ...

IPO Overview - Four companies are scheduled for IPO review next week (August 25-29), aiming to raise a total of 2.901 billion yuan [1] - The companies include: - Nabai Chuan (72.9 million yuan) in the automotive manufacturing sector [1] - Hengkun New Materials (1.006695 billion yuan) in the computer and communication equipment manufacturing sector [1] - Taijin New Energy (989.9503 million yuan) in the specialized equipment manufacturing sector [1] - Jingchuang Electric (175 million yuan) in the instrumentation manufacturing sector [1] Company Specifics Nabai Chuan - Nabai Chuan's IPO was previously postponed on July 25, 2022, and is now being reviewed for the second time [2] - The company reduced its fundraising target from 829 million yuan to 729 million yuan, removing the expansion project for its production base [2][5] - The company focuses on thermal management products for new energy vehicles and fuel vehicles [14] Hengkun New Materials - Hengkun New Materials is engaged in the research and production of key materials for integrated circuits, with a focus on photolithography and precursor materials [18] - The company reduced its fundraising target from 1.2 billion yuan to 1.007 billion yuan, eliminating the SiARC development project [5][7] - The company has a significant market presence in the 12-inch integrated circuit wafer manufacturing sector [18] Taijin New Energy - Taijin New Energy specializes in high-end green electrolysis equipment and titanium electrodes, with applications in various high-tech fields [22] - The company plans to raise 1 billion yuan, down from an initial target of 1.5 billion yuan, by removing the supplementary working capital project [7][23] - The company is recognized as a leader in providing solutions for electronic circuit copper foil production lines [22] Jingchuang Electric - Jingchuang Electric's IPO fundraising target was reduced from 250 million yuan to 175 million yuan, with the marketing network construction project removed [7][25] - The company specializes in smart controllers for cold chain equipment and environmental monitoring instruments [25] Financial Performance Nabai Chuan - The company reported a net profit of 95.4288 million yuan in the last year [1] - Total assets reached 1.9813748 billion yuan as of March 31, 2025 [16] Hengkun New Materials - The company achieved a net profit of 96.9111 million yuan in the last year [20] - Total assets were valued at 2.6453663 billion yuan as of December 31, 2024 [20] Taijin New Energy - The company reported a net profit of 195.3893 million yuan in the last year [23] - Total assets reached 3.7497225 billion yuan as of December 31, 2024 [23] Jingchuang Electric - The company reported a net profit of 25 million yuan in the last year [25] - Total assets were valued at 533.119 million yuan as of December 31, 2024 [27]