证券代码：688049 证券简称：炬芯科技 公告编号：2026-005 炬芯科技股份有限公司 注：1.上年同期基本每股收益已按照公司2024年年度权益分派实施后的总股本调整计算，其他期初数同 上年年报披露的年末数。 2.上述数据均按四舍五入原则保留至小数点后两位数。 3.以上财务数据及指标以合并报表数据填列，但未经审计，最终结果以公司2025年年度报告为准。 二、经营业绩和财务状况情况说明 2025年度业绩快报公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容 的真实性、准确性和完整性依法承担法律责任。 本公告所载2025年度主要财务数据为初步核算数据，未经会计师事务所审计，具体数据以炬芯科技股份 有限公司（以下简称"公司"）2025年年度报告中披露的数据为准，请投资者注意投资风险。 一、2025年度主要财务数据和指标 单位：万元 ■ （一）报告期的经营情况、财务状况及影响经营业绩的主要因素 2025年度，公司实现营业收入92,237.87万元，同比增长41.50%；实现归属于母公司所有者的净利润 20,459.01万元，同比增长91.95%；归属于母公司所有者的 ...

报告期内，立足深厚的音频技术积累，公司以端侧AI技术赋能实现了向多元AIoT场景延伸，斩获亮眼 的经营成果，盈利规模与质量实现双向进阶。凭借创新的技术架构与卓越的产品性能，公司基于第一代 存内计算技术的端侧AI音频芯片推广进展顺利，多家头部品牌的多个项目已成功立项并陆续量产。其 中，面向低延时私有无线音频领域的客户终端产品率先完成量产，完成端侧AI技术从技术验证到商业 化落地的全链路闭环;面向端侧AI处理器芯片领域的客户终端亦在CES全球消费电子展正式发布，进一 步拓宽了应用场景边界。在端侧产品AI化的行业浪潮驱动下，公司产品矩阵协同效应显著：端侧AI处 理器芯片应用于头部音频品牌的高端音箱、Party音箱等产品，终端渗透率快速提升，带动相关收入实 现倍数增长;低延迟高音质无线音频产品需求持续强劲，销售额保持高速增长;蓝牙音箱SoC芯片系列在 头部音频品牌中的份额稳步提升，客户合作向更高价值与更深层次演进，为长远发展筑牢根基。 炬芯科技(688049.SH)发布2025年度业绩快报，2025年度，公司实现营业收入92,237.87万元，同比增长 41.50%;实现归属于母公司所有者的净利润20,459.01万 ...

报告期内，立足深厚的音频技术积累，公司以端侧AI技术赋能实现了向多元AIoT场景延伸，斩获亮眼 的经营成果，盈利规模与质量实现双向进阶。凭借创新的技术架构与卓越的产品性能，公司基于第一代 存内计算技术的端侧AI音频芯片推广进展顺利，多家头部品牌的多个项目已成功立项并陆续量产。其 中，面向低延时私有无线音频领域的客户终端产品率先完成量产，完成端侧AI技术从技术验证到商业 化落地的全链路闭环;面向端侧AI处理器芯片领域的客户终端亦在CES全球消费电子展正式发布，进一 步拓宽了应用场景边界。在端侧产品AI化的行业浪潮驱动下，公司产品矩阵协同效应显著：端侧AI处 理器芯片应用于头部音频品牌的高端音箱、Party音箱等产品，终端渗透率快速提升，带动相关收入实 现倍数增长;低延迟高音质无线音频产品需求持续强劲，销售额保持高速增长;蓝牙音箱SoC芯片系列在 头部音频品牌中的份额稳步提升，客户合作向更高价值与更深层次演进，为长远发展筑牢根基。 智通财经APP讯，炬芯科技(688049.SH)发布2025年度业绩快报，2025年度，公司实现营业收入 92,237.87万元，同比增长41.50%;实现归属于母公司所有者的净利润2 ...

格隆汇2月26日丨炬芯科技(688049.SH)公布2025年度业绩快报，2025年度，公司实现营业收入9.22亿 元，同比增长41.50%；实现归属于母公司所有者的净利润2.05亿元，同比增长91.95%；归属于母公司所 有者的扣除非经常性损益的净利润1.92亿元，同比增长145.02%。 报告期内，公司加大研发投入，研发投入2.39亿元，同比增长11.21%。公司全力推动芯片产品谱系的迭 代升级，存内计算技术深度赋能全产品线，面向智能穿戴赛道的 ATW609X 芯片正式面市。公司正稳步 推进第二代存内计算技术IP 研发，致力于实现单核 NPU 算力的显著提升、能效比进一步优化及对 Transformer 模型的全面支持。同时，下一代私有协议研发同步推进，以持续提升无线传输带宽、降低 传输延迟、增强抗干扰性能。公司从芯片硬件算力强化、无线连接技术突破、音频算法迭代升级及开发 生态完善四个维度，全方位构筑技术护城河。得益于清晰的战略聚焦与高效的运营执行，公司营业收入 增速显著高于费用增速，规模效应有效带动盈利水平整体提升。未来，公司将继续聚焦下游市场需求， 增强产品矩阵竞争力，将端侧 AI 音频能力注入广阔的 ...

Core Viewpoint - The company, Juchip Technology, reported significant growth in its 2025 financial performance, with substantial increases in revenue and net profit, driven by advancements in AI audio technology and product innovation [1][2][3] Financial Performance - In 2025, the company achieved operating revenue of 922 million yuan, representing a year-on-year increase of 41.50% [1] - The net profit attributable to the parent company was 205 million yuan, up 91.95% year-on-year [1] - The net profit attributable to the parent company after deducting non-recurring gains and losses was 192 million yuan, reflecting a 145.02% year-on-year growth [1] Technological Advancements - The company leveraged its deep audio technology expertise to extend into diverse AIoT scenarios, resulting in impressive operational outcomes and dual advancements in profitability and quality [2] - The first-generation in-memory computing technology audio chips have seen successful project launches and mass production with several leading brands [2] - The company is advancing its second-generation in-memory computing technology IP development, aiming for significant improvements in single-core NPU computing power and energy efficiency [3] Research and Development - R&D investment reached 239 million yuan, an increase of 11.21% year-on-year, emphasizing the company's commitment to product iteration and technological enhancement [3] - The company is focusing on four dimensions: strengthening chip hardware capabilities, breakthroughs in wireless connection technology, upgrading audio algorithms, and improving the development ecosystem to build a robust technological moat [3] Market Position and Future Outlook - The company is experiencing rapid growth in sales of low-latency, high-quality wireless audio products, with increasing market penetration of its Bluetooth audio SoC chip series among leading audio brands [2] - The strategic focus on downstream market demands and enhancing product matrix competitiveness is expected to lay a solid foundation for the company's long-term stable development [3]

炬芯科技（688049.SH）2025 年业绩预告点评 资料来源：Wind，国联民生证券研究所预测；（注：股价为 2026 年 1 月 28 日收盘价） 把握端侧 AI 化机遇，存内计算架构赋能业绩增长 glmszqdatemark 事件：1 月 25 日，炬芯科技发布 2025 年年度业绩预告，2025 年全年营业收入 预计为 9.22 亿元，同比增加 41.44%；预计实现归母净利润 2.04 亿元，同比增 长 91.4%；实现扣非归母净利润 1.92 亿元，同比增长 144.42%。 其中，4Q25 单季度公司预计营收 2.00 亿元，同比增长 8.11%，环比减少 26.74%； 预计归母净利润 0.52 亿元，同比增长 44.44%，环比减少 13.72%。 多元布局与产品结构优化驱动业绩高增。2025 年期间，公司以端侧产品 AI 化转 型为核心战略，通过加大研发资源投入、加快新品迭代速度，经营业绩呈现高速 增长态势，公司预计全年营业收入同比增长 41.44%，净利润同比增长 91.40%， 实现盈利规模与盈利质量的双向进阶。 顺应端侧产品 AI 化行业浪潮，公司持续拓展产品矩阵版图。分产品线来看 ...

Core Viewpoint - The company, Juchip Technology, forecasts significant growth in revenue and net profit for the year 2025, driven by its focus on AI transformation and product innovation [2][6]. Financial Performance Forecast - The company expects to achieve an operating revenue of 922 million yuan in 2025, an increase of 270.12 million yuan, representing a year-on-year growth of 41.44% [2]. - The projected net profit attributable to the parent company is 204 million yuan, an increase of 97.42 million yuan, reflecting a year-on-year growth of 91.40% [2]. - The net profit after deducting non-recurring gains and losses is expected to be 192 million yuan, an increase of 113.45 million yuan, indicating a year-on-year growth of 144.42% [2]. Profitability Metrics - The anticipated net profit margin for 2025 is 22.13%, an increase of 5.78 percentage points compared to the 2024 net profit margin of 16.35% [3]. Previous Year Performance - In 2024, the company reported an operating revenue of 651.88 million yuan and a net profit attributable to the parent company of 106.58 million yuan [5]. Drivers of Performance Change - The company attributes its performance growth to a focus on AI transformation, increased R&D investment, and successful product iterations, particularly in the AI audio chip sector [6]. - The company has successfully launched multiple projects with leading brands, enhancing its market presence and product offerings [6]. - The demand for low-latency, high-quality wireless audio products has surged, contributing to significant revenue growth [6]. R&D Investment - The company invested approximately 240 million yuan in R&D, a year-on-year increase of 11.56%, to enhance its product line and technology capabilities [7]. - The company is advancing its second-generation in-memory computing technology and developing next-generation private protocols to improve wireless transmission [7]. Future Outlook - The company plans to continue focusing on downstream market demands and enhancing its competitive product matrix to ensure long-term stable growth [8].

Core Viewpoint - The company forecasts significant growth in revenue and net profit for the year 2025, driven by its focus on AI transformation and product innovation [2][5]. Performance Forecast - The company expects to achieve an operating revenue of 922 million yuan in 2025, an increase of 270.12 million yuan, representing a year-on-year growth of 41.44% [2]. - The projected net profit attributable to the parent company is 204 million yuan, an increase of 97.42 million yuan, reflecting a year-on-year growth of 91.40% [2]. - The net profit after deducting non-recurring gains and losses is expected to be 192 million yuan, an increase of 113.45 million yuan, indicating a year-on-year growth of 144.42% [2]. Financial Metrics - The estimated net profit margin for 2025 is 22.13%, an increase of 5.78 percentage points compared to the net profit margin of 16.35% in 2024 [3]. Previous Year Performance - In 2024, the company reported an operating revenue of 651.88 million yuan, with a total profit of 108.19 million yuan and a net profit attributable to the parent company of 106.58 million yuan [4]. Reasons for Performance Changes - The company has focused on AI transformation for edge products, increasing R&D investment and accelerating new product iterations, resulting in significant operational achievements [5]. - The successful promotion of edge AI audio chips based on first-generation in-memory computing technology has led to multiple projects being launched and mass-produced [5]. - The company has seen a substantial increase in market penetration and sales revenue for its edge AI processor chips and low-latency high-quality wireless audio products [5]. - R&D expenses totaled approximately 240 million yuan, reflecting an increase of 11.56% year-on-year, supporting the iterative upgrade of chip products [6]. - The company aims to enhance its competitive edge by focusing on downstream market demands and deepening AI technology R&D and market promotion [6].

Core Viewpoint - The company, Juchip Technology, forecasts a net profit of 204 million yuan for 2025, representing a year-on-year increase of 91.40% driven by the AI trend in edge products [1] Group 1: Financial Performance - The expected net profit for 2025 is 204 million yuan, which shows a significant increase of 91.40% compared to the previous year [1] Group 2: Product Development and Market Trends - The company has enriched its product matrix in response to the industry trend of AI integration in edge products [1] - AI processors are being applied in high-end audio brands' products such as premium speakers and Party speakers, leading to a substantial increase in market penetration and sales revenue [1] - There is strong demand for low-latency, high-quality wireless audio products, resulting in rapid sales growth [1] - The penetration rate of Bluetooth speaker SoC chip series among leading audio brands is steadily increasing [1]

Core Viewpoint - The company, Juchip Technology (688049.SH), is expected to achieve significant growth in revenue and net profit by 2025, driven by its transformation towards AI-based edge products and increased R&D investment [1][2]. Financial Projections - The company anticipates a revenue of 922 million yuan in 2025, representing a year-on-year increase of 41.44% [1]. - The projected net profit attributable to the parent company is expected to reach 204 million yuan, reflecting a year-on-year growth of 91.40% [1]. - The net profit after deducting non-recurring gains and losses is forecasted to be 192 million yuan, with a substantial increase of 144.42% year-on-year [1]. - The expected net profit margin for 2025 is 22.13%, an increase of 5.78 percentage points compared to 16.35% in 2024 [1]. Business Performance and Strategy - The company has focused on AI transformation of edge products, resulting in impressive operational results with a 41.44% increase in revenue and a 91.40% rise in net profit [2]. - The company has successfully advanced its first-generation in-memory computing technology for edge AI audio chips, with multiple projects from leading brands already in production [2]. - The company has launched low-latency private wireless audio products, leading market specifications, and has introduced edge AI processors at the CES global consumer electronics show, expanding product applications [2]. - The product matrix continues to grow, with edge AI processors being used in high-end speakers and party speakers from leading audio brands, significantly increasing market penetration and sales revenue [2]. - There is strong demand for low-latency, high-quality wireless audio products, contributing to rapid sales growth [2]. - The penetration of Bluetooth speaker SoC chips among leading audio brands is steadily increasing, enhancing collaboration value and depth with key brand clients for long-term development [2].