声明：市场有风险，投资需谨慎。本文为AI大模型基于第三方数据库自动发布，任何在本文出现的信 息（包括但不限于个股、评论、预测、图表、指标、理论、任何形式的表述等）均只作为参考，不构成 个人投资建议。受限于第三方数据库质量等问题，我们无法对数据的真实性及完整性进行分辨或核验， 因此本文内容可能出现不准确、不完整、误导性的内容或信息，具体以公司公告为准。如有疑问，请联 系biz@staff.sina.com.cn。 责任编辑：小浪快报 2026年1月27日，盛科通信（sh688702）触及涨停，涨停价162.53元，涨幅20%，总市值666.37亿元，流 通市值329.92亿元，截止发稿，总成交额14.31亿元。 根据喜娜AI异动分析，盛科通信涨停原因可能如下，营业收入增长+关联交易增长+现金流改善： 1、公 司近期公告显示，2025年前三季度营收同比增长17.55%，业务规模持续扩张。2025年销售商品关联交 易预计金额增至5.5亿，2026年预计达6亿，关联交易业务需求增长明显，且交易方中国电子为央企龙 头，履约能力有保障，这些都为公司业绩增长提供支撑。 2、2025年前三季度经营活动现金流量净额同 比增长2 ...

Core Insights - Suzhou Shengke Communication Co., Ltd. reported a revenue of 508 million yuan for the first half of 2025, representing a year-on-year decline of 4.56% [2] - The net loss attributable to shareholders was 23.6891 million yuan, with the loss narrowing by approximately 33.1981 million yuan compared to the previous year [2] - The adjusted net loss after excluding non-recurring items was 62.8153 million yuan, a year-on-year reduction of 17.3269 million yuan [2] Financial Performance - Revenue for the reporting period was 508 million yuan, down 4.56% year-on-year [2] - Net profit loss was 23.6891 million yuan, with a reduction in loss by 33.1981 million yuan year-on-year [2] - The adjusted net profit loss was 62.8153 million yuan, showing a year-on-year improvement of 17.3269 million yuan [2] Operational Factors - The narrowing of losses was attributed to supply chain optimization and changes in sales structure, which led to an increase in overall gross profit margin [2] - Additional income was generated from the VAT input tax credit policy [2] Company Background - Shengke Communication is one of the earliest companies in China to invest in the research and development of Ethernet switching chips [2] - The company specializes in the R&D, design, and sales of Ethernet switching chips and related products, covering switching capacities from 100 Gbps to 25.6 Tbps and port speeds from 100M to 800G [2] - Its products are widely used in enterprises, carriers, data centers, and industrial networks, and the company has entered the supply chains of major domestic network equipment manufacturers such as H3C and Ruijie Networks [2]