AvaTrade爱华每日市场报告：全球市场在美联储主席鲍威尔明确释放降息信号后迎来强劲反弹，美股三 大指数集体走高，道指创历史新高，欧亚市场同步受益于鸽派预期。尽管今日英国假期可能抑制交投活 跃度，市场焦点已转向本周即将公布的通胀数据及科技巨头财报，以寻找政策路径的进一步线索。 | 股票指数 | 8月25日(星期一) | | --- | --- | | 英国 100 | 개 | | STRATEGIC_METALS | 闭 | | NICKEL_SPOT | 闭 | | ALUMINIUM_SPOT | 用 | | 股票 - ETF | | | 英国股票 | 用 | 1. 前一天总结 – 2025 年 8 月 22 日星期五 美国市场 波动性和收益率 美联储主席鲍威尔在杰克逊霍尔发出降息信号，最早可能在 9 月开始降息后，美国股市周五大幅上涨。 小盘股和对利率敏感的板块领涨，而波动性有所缓解，收益率下降。 商品 欧洲 • 标准普尔500指数（US_500）：▲1.5%，至6,466.91点 • 道琼斯指数（US_30）：▲ 1.9%，至 45,631.74 点（历史新高） • 纳斯达克 100 指数（US_T ...

Core Viewpoint - The company, Weihai De (维海德), reported significant growth in its 2025 semi-annual results, driven by national policies and the development of the video conferencing industry [1] Financial Performance - In the first half of 2025, the company achieved revenue of 356 million yuan, representing a year-on-year increase of 38.37% [1] - The net profit for the same period was 65.97 million yuan, up 24.69% year-on-year [1] - The non-deductible net profit reached 54.57 million yuan, reflecting a year-on-year growth of 20.27% [1] Industry and Market Dynamics - The company's performance is significantly influenced by supportive national policies, particularly in the education sector, which has seen substantial investment in educational information technology [1] - The cloud video conferencing ecosystem is rapidly integrating, showcasing a trend towards a "software + hardware + service" model [1] - The combination of cloud video conferencing with hardware solutions is becoming a primary strategy for traditional video conferencing manufacturers, while new collaborative video conferencing companies are also beginning to adopt "cloud + endpoint" solutions [1] Company Positioning - Currently, the company operates in the midstream of the video conferencing industry, providing video conferencing cameras, terminals, and microphones to downstream clients, including brand manufacturers, system integrators, distributors, and end-users [1] - Over the years, the company has established itself as a core supplier of audio and video communication equipment in the video conferencing industry [1]

根据公司 2024年业绩快报，2024年公司实现营业收入 56.18亿元，同比增长29.22%；实现归母净利润 26.45亿元，同比增长31.55%。 会议产品： 点击注册小程序 特别申明： 本订阅号中所涉及的证券研究信息由光大证券研究所编写，仅面向光大证券专业投资者客户，用作新媒体形势下研究 信息和研究观点的沟通交流。非光大证券专业投资者客户，请勿订阅、接收或使用本订阅号中的任何信息。本订阅号 难以设置访问权限，若给您造成不便，敬请谅解。光大证券研究所不会因关注、收到或阅读本订阅号推送内容而视相 关人员为光大证券的客户。 报告摘要 24年业绩快速增长： 随着全球基础通信设施的完善及通信技术的发展，视频会议行业由私有化向公有化转型，该转型使得企业 使用门槛降低，市场开始下沉，市场规模增长；同时，随着企业数字化转型进程加速以及人工智能技术的 持续发展和突破，企业用户对会议产品实际应用场景的落地要求也在不断提高，促使视频会议解决方案不 断优化与升级。 亿联网络的会议产品业务线始终坚持"云+端"的产品设计理念，形成一站式全套解决方 案，能够全面保障整体解决方案的调优性能，确保更好的用户体验。公司坚持研发投入和产品创 ...