每经头条（nbdtoutiao）——5年期大面积下线，3年期利率低至1.5%仍一单难求：要么"售罄"要么"额度 紧张"！中长期大额存单为何在消失？ （记者 王晓波） 截至发稿，卓翼科技市值为58亿元。 每经AI快讯，卓翼科技（SZ 002369，收盘价：10.3元）12月1日晚间发布公告称，公司第七届第一次董 事会会议于2025年12月1日在公司会议室召开。会议审议了《关于公司高级管理人员薪酬方案的议案》 等文件。 2025年1至6月份，卓翼科技的营业收入构成为：通讯及设备制造行业占比100.0%。 ...

Group 1 - The core point of the article is that Zhuoyue Technology (SZ 002369) held its 23rd meeting of the 6th Board of Directors on November 13, 2025, to discuss the remuneration plan for the 7th Board of Directors [1] - For the first half of 2025, Zhuoyue Technology's revenue composition is entirely from the communications and equipment manufacturing industry, accounting for 100.0% [1] - As of the time of reporting, Zhuoyue Technology has a market capitalization of 5.1 billion yuan [1]

Group 1 - The core viewpoint of the article highlights that Zhuoyue Technology (SZ 002369) held its 22nd meeting of the 6th Board of Directors on October 28, 2025, to review the Q3 2025 report and other documents [1] - For the first half of 2025, Zhuoyue Technology's revenue composition is entirely from the communications and equipment manufacturing industry, accounting for 100.0% [1] - As of the report, Zhuoyue Technology has a market capitalization of 5 billion yuan [1] Group 2 - The article also notes that the A-share market has surpassed 4000 points, indicating a significant market resurgence after a decade of stagnation, with technology leading the market's transformation into a "slow bull" new pattern [1]

Group 1 - The core point of the article is the resignation of Lu Hezhong, the Vice General Manager and a board member of Zhuoyue Technology, due to work adjustments, while he will continue to hold other positions within the company [1] - Zhuoyue Technology's revenue for the first half of 2025 is entirely derived from the communications and equipment manufacturing sector, accounting for 100% of its revenue [1] - As of the report, Zhuoyue Technology has a market capitalization of 5.3 billion yuan [1] Group 2 - The article also highlights a competitive shift in the beverage industry, where the launch of the Farmer Green Bottle has led to a significant decline in market share for Yibao, dropping nearly 5 percentage points [1]

Group 1 - The core point of the news is that Zhuoyue Technology has undergone a significant change in its ownership structure, with the former controlling shareholder, Xia Chuanwu, losing his controlling stake due to a judicial auction of 36,220,000 shares, reducing his ownership to 0.28% [1] - Following this change, the company now has no controlling shareholder or actual controller, with He Shan Future (Shenzhen) Investment Partnership becoming the largest shareholder, holding 25,513,032 shares, which is 4.5% of the total share capital [1] - As of the first half of 2025, Zhuoyue Technology's revenue is entirely derived from the communications and equipment manufacturing industry, accounting for 100% of its business [1] Group 2 - The current market capitalization of Zhuoyue Technology is 5.7 billion yuan [2]

Group 1 - The core point of the article is that Zhuoyue Technology (SZ 002369) announced its 2025 semi-annual report during a board meeting held on August 22, 2025, indicating that the company's revenue is entirely derived from the communications and equipment manufacturing sector [1][1][1] - Zhuoyue Technology's market capitalization is reported to be 6.5 billion yuan [1][1][1] Group 2 - The company held its sixth board meeting to review important documents, including the semi-annual report and its summary [1][1][1] - The meeting took place in Shenzhen, combining both in-person and communication methods [1][1][1]

Core Viewpoint - The recent legal issues faced by the controlling shareholder of Zhuoyue Technology have cast a shadow over the company, which has been experiencing continuous losses and declining employee numbers since 2020 [1][3][25] Financial Performance - Zhuoyue Technology has reported losses for five consecutive years, with total losses exceeding 1.5 billion yuan from 2020 to 2024 [3][12] - Revenue has decreased from 3.041 billion yuan in 2020 to 1.707 billion yuan in 2024, while net profits have been negative for the same period, with losses of 603 million yuan, 165 million yuan, 131 million yuan, 411 million yuan, and 218 million yuan respectively [3][6] - The company's gross margin has significantly declined, reaching a low of 2.27% in 2024, although this represents a year-on-year increase of 4.77 percentage points [6][12] Operational Challenges - The company has faced operational difficulties, including high fixed costs due to multiple factories and low production efficiency, which have contributed to the decline in gross margin [8][12] - The establishment of the Heyuan base in 2021 has not yielded the expected financial performance, with the base consistently operating at a loss since its inception [10][12] Employee and Production Dynamics - The workforce has drastically reduced from over 15,000 employees at the end of 2020 to less than 3,600 by the end of 2024, indicating significant operational downsizing [1][23] - The Heyuan base currently employs over 2,000 workers, but the overall employee count has decreased significantly, reflecting the company's struggles [10][23] Leasing and Financial Burden - Zhuoyue Technology has incurred substantial leasing costs, with annual payments exceeding 85 million yuan for factory and dormitory rentals, contributing to financial strain [15][17] - The company's leasing liabilities have increased significantly, impacting its financial performance and operational flexibility [12][15] Research and Development - Despite intentions to shift towards higher value-added products through ODM and JDM models, the company's R&D investment has decreased from 152 million yuan in 2019 to 48.47 million yuan in 2024, with a corresponding drop in R&D personnel [20][25] - The company has not effectively aligned its R&D efforts with its operational scale, leading to concerns about its competitive positioning in the market [18][25]