2、预计的业绩： □亏损 □扭亏为盈 □同向上升 ■同向下降 注：上表中的"元"均指人民币元。 登录新浪财经APP 搜索【信披】查看更多考评等级 证券代码：002583 证券简称：海能达 公告编号：2025-032 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导性陈述或重大遗 漏。 一、本期业绩预计情况 1、业绩预告期间：2025年1月1日-2025年6月30日 二、业绩预告预审计情况 业绩预告未经过注册会计师预审计。 三、业绩变动原因说明 报告期内，公司海外部分项目交付延迟及EMS业务同比下滑致整体营收有所下降，同时，公司围绕年 度发展主题"创新引领、发展才是硬道理"，依托"2+3+1"产品战略推进全面业务布局，并战略性提出"AI 专网"发展理念，期内销售费用、研发费用同比有所增长，综上原因导致报告期内利润同比下降。 报告期内，公司综合毛利率同比提升，同时，得益于负债结构优化、融资成本下降，及汇兑收益增加， 财务费用较去年同期显著改善。 四、其他相关说明 本次业绩预告是公司财务部门初步测算的结果，未经审计机构审计，具体财务数据请以公司披露的2025 年半年度报告为准。公司将严格 ...

| 证券代码：002861 证券简称：瀛通通讯 公告编号：2025-036 | | --- | | 瀛通通讯股份有限公司 | | 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚 | | 假记载、误导性陈述或重大遗漏。 | | 一、本期业绩预计情况 | | （一）业绩预告期间 | | （二）业绩预告情况 | | 公司业绩预告适用情形：预计净利润为负值 | | 项目 本报告期 上年同期 | | 归属于上市公司股 | | 亏损：2,200.00 万元 至 3,000.00 万元 亏损：1,978.72 万元 | | 东的净利润 | | 扣除非经常性损益 | | 3,500.00 亏损：2,700.00 万元 至 万元 亏损：2,271.93 万元 | | 后的净利润 | | 基本每股收益 亏损：0.12 元/股 至 0.16 元/股 亏损：0.13 元/股 | | 二、与会计师事务所沟通情况 | | 本次业绩预告相关的财务数据未经会计师事务所预审计。有关2025年半年度 | | 经营业绩的具体情况，公司将在2025年半年度报告中予以详细披露。 | | 三、业绩变动原因说明 | | 收入较去年同期上 ...

Group 1 - The company expects a net loss attributable to shareholders of approximately 80 million to 100 million yuan for the reporting period, representing a decline of 61.28% to 101.61% compared to the same period last year [1] - The adjusted net loss attributable to shareholders is estimated to be between 83.6 million and 103.6 million yuan, reflecting a decrease of 47.76% to 83.11% year-on-year [1] - The basic loss per share is projected to be around 0.0984 yuan to 0.1273 yuan, compared to a loss of 0.0332 yuan per share in the previous year [1] Group 2 - The decline in performance is attributed to ongoing structural adjustments in the industry, with traditional equipment orders not meeting expectations and a relatively low volume of product deliveries in the first half of the year [2] - Important research projects have not yet completed scientific evaluation, and only a few new products have begun small-scale production and delivery, which has also impacted the gross profit margin [2] - The company has not identified any significant uncertainties that could affect the accuracy of the performance forecast [3]

一、本期业绩预计情况 项 目 本报告期 上年同期 盈利：8,000 万元-10,000 万元 归属于上市公司股 盈利：16,238.85 万元 证券代码：002583 证券简称：海能达 公告编号：2025-032 海能达通信股份有限公司 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、 误导性陈述或重大遗漏。 注：上表中的"元"均指人民币元。 二、业绩预告预审计情况 业绩预告未经过注册会计师预审计。 三、业绩变动原因说明 报告期内，公司海外部分项目交付延迟及 EMS 业务同比下滑致整体营收有所 下降，同时，公司围绕年度发展主题"创新引领、发展才是硬道理"，依托"2+3+1" 产品战略推进全面业务布局，并战略性提出"AI 专网"发展理念，期内销售费用、 研发费用同比有所增长，综上原因导致报告期内利润同比下降。 东的净利润 比上年同期下降 38.42%-50.74% 归属于上市公司股 盈利：7,000 万元-9,000 万元 东的扣除非经常性 盈利：14,879.58 万元 损益的净利润 比上年同期下降 39.51%-52.96% 基本每股收益 盈利：0.0440 元/股–0.0550 元 ...

二〇二五年七月 第 1 页 共 6 页 大富科技（安徽）股份有限公 会工作细则 目 录 第 2 页 共 6 页 大富科技（安徽）股份有限公司 审计委员会工作细则 大富科技（安徽）股份有限公司 审计委员会工作细则 大富科技（安徽）股份有限公司 审计委员会工作细则 第一章 总则 第一条 为强化董事会决策功能，确保董事会对经理层的有效监督，完善 公司治理结构，根据《中华人民共和国公司法》 《上市公司治理准则》 《上市公司 独立董事管理办法》《深圳证券交易所上市公司自律监管指引第 2 号——创业板 上市公司规范运作》 《深圳证券交易所创业板股票上市规则》 《公司章程》及其他 有关规定，大富科技（安徽）股份有限公司（以下简称"公司"）特设立董事会 审计委员会，并制定本工作细则。 第二条 董事会审计委员会是董事会下设的专门工作机构，行使《公司法》 规定的监事会职权，并主要负责公司内、外部审计的沟通、监督和核查工作，代 表董事会行使对管理层的经营情况、内控制度的制定和执行情况的监督检查职 能。 第二章 人员组成 第三条 审计委员会成员由三名董事组成，且应当为不在公司担任高级管 理人员的董事， 其中独立董事两名，委员中至少有 ...

Group 1 - Aerospace Science and Technology expects a net profit of 68 million to 95 million yuan for the first half of 2025, representing a growth of 1628.83% to 2315.27% compared to the same period last year [1] - Huaxia Airlines anticipates a net profit of 220 million to 290 million yuan for the first half of 2025, an increase of 741.26% to 1008.93% year-on-year [1] - Shida Group forecasts a net loss of 44 million to 65 million yuan for the first half of 2025, marking a shift from profit to loss [1] Group 2 - Jiaao Environmental Protection expects a net loss of 70 million to 90 million yuan for the first half of 2025 [3] - Haima Automobile predicts a net loss of 60 million to 90 million yuan for the first half of 2025, compared to a loss of 152 million yuan in the same period last year [3] - Huaibei Mining anticipates a net profit of approximately 1.027 billion yuan for the first half of 2025, a decrease of about 65% year-on-year [3] Group 3 - Quanfu Automobile expects a net loss of 155 million to 185 million yuan for the first half of 2025 [5] - Gaode Infrared signed a procurement agreement worth 879 million yuan, which is expected to positively impact its operating performance for the year [5] - Zhongchen Co. won a project from Southern Power Grid worth 379 million yuan, representing 12.26% of its audited revenue for 2024 [5] Group 4 - Daheng Technology anticipates a net loss of 406,000 yuan for the first half of 2025, compared to a loss of 988,250 yuan in the same period last year [6] - Dazhongnan expects a net profit of 6.5 million to 8 million yuan for the first half of 2025, a recovery from a loss of 15.325 million yuan last year [6] - Xianfeng Holdings projects a net profit of 34 million to 42 million yuan for the first half of 2025, a year-on-year increase of 524.58% to 671.53% [7] Group 5 - Shuangxiang Co. expects a net profit of 115 million to 150 million yuan for the first half of 2025, a growth of 128.1% to 197.53% year-on-year [8] - ST Xintong anticipates a net loss of 67 million to 97 million yuan for the first half of 2025 [9] - Jishi Media forecasts a net loss of 187 million to 233 million yuan for the first half of 2025 [10] Group 6 - Suli Co. expects a net profit of 72 million to 86 million yuan for the first half of 2025, a year-on-year increase of 1008.39% to 1223.91% [11] - Wanli Co. anticipates a net loss of 19 million yuan for the first half of 2025, compared to a loss of 12.9238 million yuan last year [12] - Langzi Co. projects a net profit of 22 million to 26 million yuan for the first half of 2025, an increase of 31.74% to 55.69% year-on-year [14] Group 7 - Changjiang Securities expects a net profit of 1.652 billion to 1.81 billion yuan for the first half of 2025, a growth of 110% to 130% [15] - Huahong Technology anticipates a net profit of 70 million to 85 million yuan for the first half of 2025, a year-on-year increase of 3047.48% to 3721.94% [16] - Chenhua Co. plans to invest 30 million yuan in financial products with an expected annual yield of 3.20% [16] Group 8 - Zijing Mining expects a net profit of approximately 23.2 billion yuan for the first half of 2025, a growth of about 54% year-on-year [28] - Limin Co. anticipates a net profit of 26 million to 28 million yuan for the first half of 2025, a year-on-year increase of 719.25% to 782.27% [29] - Huazhong Securities expects a net profit of 1.035 billion yuan for the first half of 2025, a growth of 44.94% year-on-year [30]

Performance Forecast - The company expects a net loss of between 15 million to 30 million yuan for the current reporting period, compared to a profit of 39.32 million yuan in the same period last year, indicating a decline of 138.15% to 176.3% [1] - The expected net profit after deducting non-recurring gains and losses is projected to be between 20 million to 40 million yuan, down from 36.53 million yuan last year, reflecting a decrease of 154.75% to 209.5% [1] - Basic earnings per share are anticipated to be a loss of 0.02 to 0.04 yuan per share, compared to earnings of 0.06 yuan per share in the previous year [1] Reasons for Performance Change - The public communication sector is experiencing a slight decline in revenue due to intensified industry competition, along with a decrease in gross profit margin [1] - The private network communication and smart application sectors are seeing a reduction in revenue as the company actively cuts back on inefficient businesses with long payment cycles [1] - The smart manufacturing sector is facing a slight revenue decline due to specific customer demand cycles, alongside increased costs from rising precious metal prices and investments in technological innovation [1] Strategic Adjustments - The company plans to dynamically adjust and optimize management measures, accelerate breakthroughs in new technologies, and explore new markets [2] - There will be a focus on strengthening cost and expense management to enhance market competitiveness and profitability [2]

Market Performance - The Shanghai Composite Index reached a new high for the year, surpassing 3500 points, closing at 3510.18, with a weekly increase of 1.09% [2] - The Shenzhen Composite Index and the ChiNext Index saw weekly gains of 1.99% and 2.21% respectively, while the STAR 50 and the Beijing Stock Exchange 50 increased by 0.98% and 0.41% [2] - A total of 4037 stocks experienced positive growth, while 1335 stocks declined during the week [2] Sector Performance - The multi-financial, small metals, and coke sectors led the gains, while the feed, city commercial banks, and coal mining sectors faced the largest declines [2] International Market Overview - Major U.S. stock indices fell on July 12, with the Dow Jones down by 279.13 points (0.63%), the S&P 500 down by 20.71 points (0.33%), and the Nasdaq down by 45.14 points (0.22%) [3][4] - European indices also declined, with the FTSE 100 down by 34.54 points (0.38%), the CAC 40 down by 72.96 points (0.92%), and the DAX down by 201.50 points (0.82%) [3][4] Commodity Prices - International oil prices increased, with WTI crude oil rising by $1.88 to $68.45 per barrel (up 2.82%) and Brent crude oil increasing by $1.72 to $70.36 per barrel (up 2.51%) [3][4] Regulatory Developments - The Shanghai Stock Exchange announced the implementation of the "Guidelines for the Growth Layer of the Sci-Tech Innovation Board," allowing 32 existing unprofitable companies to enter the growth layer immediately [6] - The Ministry of Industry and Information Technology released work points for the integration of information technology and industrialization, emphasizing support for high-quality development of basic and industrial software [9] Economic Agreements - A visa exemption agreement between China and Malaysia will take effect on July 17, allowing holders of valid passports to stay for up to 30 days without a visa [5] Investment Insights - The A-share market has shown strong performance over the past three weeks, with systemic risks remaining low, indicating potential for continued upward movement [8] - Focus on sectors with favorable mid-year performance and long-term investment opportunities in domestic consumption, technology independence, and dividend stocks is recommended [8]

Summary of Key Points from Conference Call Records Industry Overview - The conference call discusses the **AI computing market** and its related sectors, particularly focusing on the **communication industry** and companies involved in high-speed switching and optical modules. Core Insights and Arguments 1. **High-Speed Switch Revenue Growth**: Industrial Fulian reported that revenue from high-speed switches (800G and above) is expected to triple in 2025 compared to 2024, indicating strong demand for AI computing [1][2] 2. **Investment Potential in NewNet Ruijie**: NewNet Ruijie holds a 45% stake in Ruijie Network, which has a market value of 470 billion. NewNet Ruijie's valuation is considered low, with its market cap around 130-140 billion, making it a noteworthy investment opportunity [1][2] 3. **Strong Performance in Optical Modules**: Huagong Technology is projected to achieve nearly 2 billion in profit in 2025, with a revenue target of 30 billion in 2026. The company also has a growth potential of 20%-30% in laser manufacturing and sensor businesses [1][2] 4. **Copper Connection Market Demand**: Wolong Materials, a key supplier for Amphenol, is expected to report profits of 1.2-1.3 billion in 2025, driven by strong demand for copper connection products in the North American market [1][3] 5. **Overall Growth in AI Computing Market**: The AI computing market is experiencing robust growth, particularly in overseas demand. Companies like Nvidia and Huawei are making strategic moves that suggest domestic computing stocks may be undervalued [1][4] 6. **Nvidia's CPU Switch Announcement**: Nvidia has begun shipping its CPU switches, alleviating market concerns. This development is expected to benefit related companies such as Tianfu and Taicheng Light [1][6] 7. **Satellite Internet Sector Potential**: The satellite internet sector is anticipated to enter a rapid growth phase from 2025 to 2026, driven by personnel changes, rocket technology breakthroughs, and governance structure changes [1][7] Additional Important Insights - **Investment Recommendations**: The call highlights several domestic computing stocks worth considering, including Xinwang, Guangxun Huagong, ZTE, and companies in the liquid cooling sector like Feiling Kesi [5] - **Market Dynamics**: The overall communication industry is benefiting from the demand for AI computing, expansion in the optical module market, and increased demand for copper connection products, indicating a strong growth trajectory for multiple companies [3]

Summary of Conference Call Records Industry or Company Involved - The conference call discusses various sectors including small metals, PCB storage, wind power, insurance, infrastructure, pharmaceuticals, military industry, gaming, communication equipment, and traditional defensive sectors like insurance and electricity. Core Points and Arguments 1. **Industry Recovery Indicators**: The overall industry prosperity index showed a rebound in June after declines in April and May, indicating a potential continuation of fundamental recovery in the second half of the year [1][5][19]. 2. **Focus on Specific Sectors**: Attention is drawn to sectors likely to see improved performance in Q2, including small metals, PCB storage, wind power insurance, and independent-driven cycles like pharmaceuticals and military [1][5]. 3. **Export Challenges**: The export chain faces downward pressure, particularly in appliances, engineering machinery, and consumer electronics [1][5]. 4. **Valuation and Market Strategy**: A focus on sectors with low PE/PB ratios and non-crowded public holdings is recommended, while high valuations may be tolerated in high-prosperity sectors like gaming [1][7]. 5. **Investment Strategy**: A "barbell" strategy is suggested, with offensive investments in wind power, photovoltaics, gaming, communication equipment, and small metals, while defensive investments shift towards insurance, agriculture, and electricity [1][9]. 6. **Wind Power Sector Outlook**: The wind power sector shows significant year-on-year growth in new installations, with expectations for continued growth into 2025, although a potential decline is anticipated in 2026 [1][11]. 7. **Photovoltaic Sector Concerns**: The photovoltaic sector has shown some recovery, but concerns remain regarding overseas exports and supply-side pressures, particularly with high inventory levels [1][12]. 8. **Gaming Industry Growth**: The gaming industry is experiencing an upward product cycle, with a record number of game approvals in June, indicating sustained performance growth [1][13]. 9. **Communication Equipment Performance**: The communication equipment sector is benefiting from increased AI capital expenditure, leading to improved industry conditions [1][14]. 10. **Small Metals and Aerospace**: Small metals like rare earths and tungsten are seeing price increases due to improved demand in military and new energy sectors, while aerospace equipment is also showing signs of recovery [1][15]. 11. **Traditional Defensive Sectors**: The insurance sector is evolving in both liability and investment aspects, while the electricity sector is benefiting from improved electricity consumption growth [1][16][17]. Other Important but Possibly Overlooked Content 1. **Market Sentiment and Global Factors**: Global markets are showing improved risk appetite due to a reduction in tariff concerns, which is positively impacting the A-share market [1][18][22]. 2. **Sector-Specific Trends**: The real estate sector is performing well, driven by urban renewal expectations, while the banking sector has shown volatility [1][19][21]. 3. **Funding and Leverage Trends**: There has been a significant outflow from broad-based ETFs, but leverage financing has rebounded, indicating a mixed funding environment [1][22]. 4. **Future Market Outlook**: Short-term sentiment remains positive, but potential volatility is expected due to upcoming events, with a more optimistic view for Q4 performance [1][24]. 5. **Key Themes to Watch**: The themes of anti-involution and urban renewal are highlighted as significant areas of focus, with potential benefits for related sectors [1][25].