本报讯(记者李万晨曦)8月26日晚，瀛通通讯（002861）股份有限公司(以下简称"瀛通通讯")发布2025年 半年报。报告期内瀛通通讯实现营业收入3.95亿元，同比增长9.81%；其中，外销收入2.23亿元，同比 增长20.01%。 主营业务表现稳健各业务有序增长 今年以来，瀛通通讯以"持续创新，提升客户价值"为使命，以"成为世界领先的'大声学、大传输、大健 康'产品整体解决方案服务商"为愿景，紧抓消费电子发展趋势，促使其核心业务取得显著成效。其中， 合计占总营收比例近97%的声学产品业务和电源、数据传输产品业务均保持稳定增长。 财报显示，2025年上半年占瀛通通讯营收比例近62%的声学产品及精密零组件实现营业收入2.44亿元， 同比增长0.26%。而电源、数据传输产品及精密零组件业务占营收比例约为35%，并实现营收1.38亿 元，同比增长29.51%，两大核心业务的增长为本次中报瀛通通讯的营收规模增长做出了积极贡献。 核心业务稳定增长的背后，与瀛通通讯自身实力和其所在的消费电子行业特性相关。消费电子产品行业 中的知名终端品牌厂商和大型EMS厂商针对某款或几款产品通常只会保有2至3家企业作为核心供应商 为其 ...

Group 1: Company Overview - Yingtong Communications is a comprehensive technology company integrating product R&D, manufacturing, sales, and investment operations [2] - The company primarily focuses on acoustic products, precision components, power supplies, and data transmission products, mainly applied in the consumer electronics sector [2][3] Group 2: Business Development and Strategy - The company is actively exploring opportunities in emerging fields such as smart security, medical devices, AR, VR, hearing aids, and new energy vehicles [2][3] - Yingtong Communications has established stable partnerships with several large clients, enhancing its market presence [4][5] Group 3: AI Glasses and Technological Innovation - The company is monitoring developments in the AI glasses sector, with plans to leverage its technological capabilities in this area [3][4] - Yingtong Communications emphasizes technological innovation as a key driver for its growth, focusing on new product and technology opportunities [5][6] Group 4: Manufacturing and Production Capacity - The company has successfully established a smart manufacturing project in the Guangdong-Hong Kong-Macao Greater Bay Area, which is a strategic region for the national development plan [5] - The new factory aims to utilize the region's complete electronic information industry chain to reduce costs and shorten delivery times [5] Group 5: Medical Device Applications - The company is gradually expanding its product applications into the medical device sector, with plans to develop smart hearing aids, sleep aids, and health monitoring products [6] - Currently, revenue from medical devices is small, but the company is actively working on business development and product R&D in this area [6]

Core Insights - YingTong Communication reported a significant growth in both revenue and net profit for the year 2024, achieving a revenue of 815 million yuan, a year-on-year increase of 8.08%, and a net profit of 13.45 million yuan, marking a 117.02% increase, successfully turning losses into profits [1] Group 1: Business Performance - The consumer electronics industry is experiencing a moderate recovery, with global and Chinese markets showing growth in shipment volumes compared to 2023 [2] - YingTong Communication, as a leading manufacturer in the acoustic components sector, reported revenue of 555 million yuan from acoustic products and precision components, a 7.80% increase, and 250 million yuan from power and data transmission products, an 11.46% increase, indicating a steady rise in market share [2] Group 2: Strategic Initiatives - The company is actively entering the "big health" sector to create a second growth curve, with its subsidiary, YingDe Health, receiving the "Annual New Brand Award" at the World Health Expo, showcasing its potential in health technology [3] - YingTong Communication completed the sale of its subsidiary Dongguan YingTong for 106.8 million yuan, generating an investment return of 68.44 million yuan, which enhances financial stability and optimizes asset allocation [3] Group 3: Research and Development - The company increased its R&D investment to 50.81 million yuan, a 15.12% year-on-year growth, achieving key technological breakthroughs across product lines [4] - Innovations include the development of advanced audio products and technologies, such as noise-canceling TWS headphones and smart translation devices, demonstrating strong R&D capabilities [4] Group 4: Future Outlook - YingTong Communication is positioned for growth with the recovery of the consumer electronics industry, the acceleration of new policies, and the expansion of the global healthcare market, indicating promising future growth potential [5]