南财智讯1月27日电，*ST波导发布年度业绩预告，预计2025年全年归属于上市公司股东的净利润为600 万元—800万元，同比预增17.39%—56.52%；预计2025年全年归属于上市公司股东的扣除非经常性损益 的净利润为-650万元—-450万元。报告期内，公司紧紧围绕年度经营目标，全力以赴、齐心协力，加大 产品研发投入，积极拓展国内市场和国际市场，各业务板块营业收入较去年同期均有所增长。电子通信 业务板块，因客户需求增加，同时加大业务开拓，手机整机订单有所增加；车载电子业务板块，因国产 汽车市场销量增加及公司加大市场开拓，车载中控产品销量稳步提升，两轮车智能仪表产品开始批量出 货；智能设备业务板块，深圳子公司积极开发新产品、拓展销售渠道，销售规模有较大幅度增长。2024 年底公司增资控股的重庆子公司，其从事的公共安全智能设备业务2025年收入稳定增长，并且全年度收 入纳入公司合并范围；IoT(物联网)模块加工业务方面，产品质量和交付效率得到了客户认可，加工份 额持续增加，加工收入相应增长。 ...

Group 1: Export Performance Overview - In the first half of 2025, China's overall export growth was steady, with a year-on-year increase of 5.9%[3] - Emerging economies contributed 4.7 percentage points to the overall export growth, while non-US developed countries added 1.4 percentage points[15] - Exports to ASEAN and India were significant growth drivers, contributing 5.5 percentage points and 1.5 percentage points respectively[15] Group 2: Export Composition - Exports of intermediate goods drove the growth to emerging countries, contributing 2.4 percentage points, while capital goods added 1.0 percentage points[25] - Consumer goods negatively impacted the overall growth by 3.7 percentage points, with specific items like lithium batteries and machinery showing strong performance[25] - For non-US developed countries, consumer goods were the main growth factor, contributing 2.7 percentage points to the export increase[33] Group 3: Market Dynamics - Approximately 30% of the current export growth may be attributed to "export grabbing," while 70% is driven by external demand and market share changes[5] - The US's import surge of over 30% in the first half of 2025 may not reflect a true "import grabbing" scenario, as specific items like pharmaceuticals and gold were the main contributors[5] - China's exports to ASEAN are more about supply chain collaboration rather than pure transshipment, with significant intermediate goods exports[52] Group 4: Future Outlook - The potential for continued export growth remains, as US imports have not yet reached a demand balance point, indicating room for further increases[7] - Short-term impacts from tariffs may affect exports to emerging markets, but medium-term growth is still anticipated due to rising investment demand in these regions[8] - Long-term trends suggest that potential interest rate cuts by the Federal Reserve could benefit emerging markets and boost China's exports of production materials[8]