证券日报网讯12月19日，共进股份（603118）在互动平台回答投资者提问时表示，公司在交换机领域有 多年的经验积淀，已覆盖园区、SMB交换机，以及100G、400G、800等多种数据中心交换机产品。未 来公司也将持续夯实在重点客户服务器业务量产制造上的核心优势，拓宽客户半径与产品规模。 ...

共进股份（603118.SH）12月19日在投资者互动平台表示，公司在交换机领域有多年的经验积淀，已覆 盖园区、SMB交换机，以及100G、400G、800等多种数据中心交换机产品。未来公司也将持续夯实在 重点客户服务器业务量产制造上的核心优势，拓宽客户半径与产品规模。 （文章来源：每日经济新闻） 每经AI快讯，有投资者在投资者互动平台提问：公司液冷交换机在手订单如何？后续是否会开拓液冷 服务器等项目？ ...

Core Viewpoint - Company reported a significant increase in net profit and revenue for the first half of 2025, indicating a positive financial turnaround and growth in overseas markets [1][2]. Financial Performance - In H1 2025, the company achieved revenue of 4.153 billion yuan, a year-on-year increase of 4.06% [1][2]. - The net profit attributable to the parent company was 57 million yuan, marking a year-on-year increase of 449.23% [1][2]. - The overall gross margin improved to 12.37%, up 1.05 percentage points from the same period last year, with Q2 gross margin at 14.09%, a 3.47 percentage point increase from Q1 [2]. Revenue Breakdown - The company’s revenue from overseas markets accounted for 70% of total revenue, with a year-on-year increase of 49.56% [2]. - The main product lines contributing to revenue included PON products (1.748 billion yuan, 44% of total revenue), followed by AP (1.156 billion yuan), data communication (461 million yuan), and others [2]. Product Line Performance - The company has seen significant growth in its data communication, networking, automotive electronics, and EMS product lines [3][4]. - In the networking product line, XGS-PON products gained market share in North America, and the company successfully registered new projects [3]. - The automotive electronics segment reported sales of nearly 80 million yuan, with a steady increase in key product shipments [3]. EMS Business Growth - The EMS product line experienced rapid growth, with revenue nearing 70 million yuan, driven by partnerships with leading clients in the robotic sector [4]. - The company is exploring new business opportunities in various consumer product categories [4]. Future Outlook - The data communication business is expected to maintain high growth due to increased demand for computing power, while automotive electronics and EMS product lines are also projected to expand [4]. - Revenue forecasts for 2025-2027 are 9.670 billion yuan, 11.341 billion yuan, and 13.076 billion yuan, with net profits of 117 million yuan, 234 million yuan, and 316 million yuan respectively [4].

Core Insights - The company, StarNet Ruijie (002396.SZ), recently highlighted its focus on network communication equipment, particularly switches, during an investor relations event [1] - A significant portion of the revenue growth last year was attributed to intelligent computing center switches [1] - The subsidiary, Ruijie Networks, contributes over 50% of the company's total revenue, with most of this coming from switch product sales [1]