证券日报网1月8日讯，海希通讯在接受调研者提问时表示，公司工业无线遥控业务的海外拓展是依托自 主欧姆(OHM)品牌战略推进的重要方向，自2023年起正式通过控股子公司重庆欧姆电子启动工业无线遥 控设备出口业务，这也是公司践行双品牌协同发展、开拓国际中端市场的关键布局。从目前进展来看， 海外业务拓展已取得阶段性成效，客户群体已覆盖俄罗斯、白俄罗斯、乌克兰、土耳其、日本、新加 坡、泰国、阿联酋、智利等十余个国家和地区，形成了横跨欧亚、辐射东南亚及南美新兴市场的初步布 局。从应用场景来看，公司出口产品主要适配海外基建工程、矿山开采、港口装卸、智能工厂自动化控 制等核心领域，这与全球范围内工业自动化升级及基础设施建设提速带来的需求增长相契合。当前海外 市场对高可靠性工业无线遥控设备的需求持续旺盛，公司正积极推进海外销售渠道搭建和服务网点布 局，一方面深化与当地合作伙伴的合作关系，另一方面加强欧姆(OHM)品牌海外推广，不断提升品牌国 际知名度和市场竞争力。未来，随着海外市场布局的持续完善，工业无线遥控产品出海将进一步拓宽公 司收入来源，成为业务增长的新引擎。海外业务拓展尚存在不确定性，公司具体的业务拓展情况及业绩 表 ...

Investment Rating - The report assigns an "Accumulate" rating for the company, indicating a positive outlook based on its stable industrial control business and growth potential in energy storage and solid-state battery sectors [5][7]. Core Insights - The company's industrial control business is stabilizing, while its energy storage capacity expansion and solid-state battery layout are expected to drive performance growth [5][6]. - The company has shown significant revenue growth, with a projected increase in operating income from 234 million RMB in 2023 to 5.08 billion RMB by 2027, reflecting a compound annual growth rate of 98.49% [5][6]. - The net profit attributable to shareholders is expected to rise from 46 million RMB in 2023 to 409 million RMB by 2027, with a notable increase in profitability metrics such as ROE [5][6]. Summary by Sections Industrial Wireless Remote Control Equipment and Energy Storage Business - The company reported a net profit of 48.09 million RMB for Q1-Q3 2025, marking a year-on-year increase of 9% [6][15]. - The industrial wireless control equipment business includes the development, production, and sales of both the OHM and HBC brands, serving major clients like SANY Heavy Industry and XCMG [6][25]. - The energy storage business is expected to see significant growth, with revenue projected to reach 2.77 billion RMB in 2024, contributing over 54% to total revenue [6][54]. Growth Potential - The energy storage segment is anticipated to expand rapidly, with production capacity expected to exceed 10 GWh by 2026, driven by ongoing projects and increasing demand [6][50]. - The company has secured contracts worth 4.02 billion RMB for energy storage projects, indicating strong market demand and operational capacity [6][10]. Profitability Forecast and Valuation - The forecasted net profits for 2025-2027 are 74 million RMB, 220 million RMB, and 409 million RMB, respectively, with corresponding P/E ratios decreasing from 52.8 to 9.6 [5][7]. - The company is positioned favorably against comparable firms, with a current average P/E of 73X for peers in the industry [7][10].

Core Viewpoint - The North Exchange and the New Third Board provide a unique capital market development path for innovative small and medium-sized enterprises (SMEs), enhancing their capital coverage and aligning with their specific needs for governance, financing, innovation, and expansion [1] Financing and Market Access - As of March 10, 87 companies on the North Exchange have completed 202 ordinary share financing rounds, raising a total of 28.627 billion yuan, and have executed 8 mergers and acquisitions totaling 1.128 billion yuan [1][4] - The North Exchange has set inclusive listing criteria that do not impose strict profitability requirements, allowing early-stage and smaller enterprises to access capital markets [2] - Among the 87 companies, 39 had a net profit of less than 10 million yuan prior to listing, and 15 had fewer than 100 employees [2] Diverse Financing Channels - The North Exchange and New Third Board offer various financing options, including ordinary shares, preferred shares, and convertible bonds, catering to the small, rapid, and on-demand financing needs of innovative SMEs [4] - 98.85% of the listed companies have engaged in multiple financing rounds, with 11 companies receiving funding while still unprofitable [4] Mergers and Acquisitions - Seven companies on the North Exchange have completed 8 mergers and acquisitions, with a total transaction value of 1.128 billion yuan, enhancing their competitive edge and industry positioning [6] Research and Development Investment - The 87 companies collectively invested 2.127 billion yuan in R&D in 2020, a 10.40% increase year-on-year, with R&D intensity at 4.23%, surpassing the national average by 1.83 percentage points [7] - These companies hold a total of 5,595 patents, including 1,344 invention patents, and many have received national high-tech enterprise certification [7] Talent and Innovation - Over 20 companies have implemented equity incentive programs to stabilize their core talent teams, with an average of over 140 technical R&D personnel per company [8] - More than half of the companies have established partnerships with universities and research institutions to foster innovation [8] Performance and Growth - Despite external challenges, 86 out of 87 companies reported profitability in 2021, with a profit margin of 99% and a median profit growth rate of 17% [9] - Companies like Beitry and Jilin Carbon Valley have made significant advancements in their respective fields, demonstrating strong market positions and innovative capabilities [9][10]