智通财经APP讯，智明达(688636.SH)发布股价异动公告称，公司目前主营业务仍为机载嵌入式计算 机、弹载嵌入式计算机，从产业周期来看，当前商业航天相关产品仍处于产业化初期阶段，截至2025年 前三季度，商业航天嵌入式计算机收入2,023万元，占2025年前三季度总收入比例较小，为3.97%，截至 2025年底，商业航天嵌入式计算机在手订单(含口头)约2000万元，占比较小，为4.8%，商业航天嵌入式 计算机对公司营收贡献存在不可预见性，敬请广大投资者明辨信息，理性决策，审慎投资。 ...

智明达发布异动公告，公司股票交易连续3个交易日内收盘价格涨幅偏离值累计达到30%，属于股票交 易异常波动情形。公司目前主营业务仍为机载嵌入式计算机、弹载嵌入式计算机，从产业周期来看，当 前商业航天相关产品仍处于产业化初期阶段，截至2025年前三季度，商业航天嵌入式计算机收入2,023 万元，占2025年前三季度总收入比例较小，为3.97%，截至2025年底，商业航天嵌入式计算机在手订单 约2,000万元，占比较小，为4.8%，商业航天嵌入式计算机对公司营收贡献存在不可预见性。 ...

1月6日，智明达盘中上涨2.01%，截至10:43，报42.73元/股，成交1.44亿元，换手率2.05%，总市值74.31 亿元。 智明达所属申万行业为：国防军工-军工电子Ⅱ-军工电子Ⅲ。所属概念板块包括：军工信息化、商业航 天（航天航空）、军民融合、航天军工、送转填权等。 截至9月30日，智明达股东户数9837.00，较上期增加85.39%；人均流通股17040股，较上期减少 46.06%。2025年1月-9月，智明达实现营业收入5.12亿元，同比增长145.16%；归母净利润8198.71万元， 同比增长995.37%。 分红方面，智明达A股上市后累计派现5256.89万元。近三年，累计派现3178.47万元。 机构持仓方面，截止2025年9月30日，智明达十大流通股东中，广发中小盘精选混合A（005598）位居 第六大流通股东，持股448.01万股，持股数量较上期不变。广发科技动力股票（005777）位居第九大流 通股东，持股186.48万股，为新进股东。长信金利趋势混合A（519994）位居第十大流通股东，持股 155.00万股，为新进股东。广发科技创新混合A（008638）、长信国防军工量化混合A ...

12月24日，智明达涨5.05%，截至发稿，报40.15元/股，成交1.64亿元，换手率2.50%，总市值69.82亿 元。 资料显示，成都智明达电子股份有限公司位于四川省成都市青羊区敬业路108号T区1栋，成立日期2002 年3月28日，上市日期2021年4月8日，公司主营业务涉及面向军工客户,提供定制化嵌入式计算机模块和 解决方案。主营业务收入构成为：机载嵌入式计算机67.72%，其他20.83%，商业航天嵌入式计算机 6.14%，弹载嵌入式计算机3.22%，无人装备2.09%。 从智明达十大流通股东角度 从基金十大重仓股角度 数据显示，长信基金旗下1只基金重仓智明达。长信睿进混合A（519957）三季度减持7.24万股，持有股 数27.6万股，占基金净值比例为3.22%，位居第六大重仓股。根据测算，今日浮盈赚取约53.27万元。 长信睿进混合A（519957）成立日期2015年7月6日，最新规模117.67万。今年以来收益30.9%，同类排 名2848/8088；近一年收益31.08%，同类排名2738/8058；成立以来收益4.01%。 长信睿进混合A（519957）基金经理为张思韡。 截至发稿，张思 ...

Core Viewpoint - The stock of Zhimin Da has shown significant growth this year, with a year-to-date increase of 91.59%, indicating strong market performance and investor interest [1][2]. Financial Performance - For the period from January to September 2025, Zhimin Da reported a revenue of 512 million yuan, representing a year-on-year growth of 145.16% [2]. - The net profit attributable to the parent company for the same period was 81.99 million yuan, reflecting a remarkable year-on-year increase of 995.37% [2]. Stock Market Activity - As of December 1, the stock price of Zhimin Da was 35.95 yuan per share, with a market capitalization of 6.026 billion yuan [1]. - The stock experienced a trading volume of 46.67 million yuan, with a turnover rate of 0.78% [1]. - The net inflow of main funds was 536,100 yuan, with large orders accounting for 15.91% of purchases and 14.76% of sales [1]. Shareholder Information - As of September 30, the number of shareholders increased to 9,837, up by 85.39% from the previous period [2]. - The average circulating shares per person decreased to 17,040 shares, down by 46.06% [2]. Dividend Distribution - Zhimin Da has distributed a total of 52.57 million yuan in dividends since its A-share listing, with 31.78 million yuan distributed over the past three years [3]. Institutional Holdings - As of September 30, 2025, notable institutional shareholders include Guangfa Small and Medium Cap Selected Mixed A, holding 4.48 million shares, and Guangfa Technology Power Stock, which is a new shareholder with 1.86 million shares [3].

Group 1 - The core viewpoint of the news is the performance and financial metrics of Chengdu Zhimianda Electronics Co., Ltd., which has seen a stock price increase of 5.14% to 33.35 CNY per share, with a total market capitalization of 5.59 billion CNY [1] - The company specializes in providing customized embedded computer modules and solutions for military clients, with its main revenue sources being airborne embedded computers (67.72%), other products (20.83%), commercial aerospace embedded computers (6.14%), missile-borne embedded computers (3.22%), and unmanned equipment (2.09%) [1] Group 2 - From the perspective of fund holdings, one fund under China Merchants Fund has a significant position in Zhimianda, with the China Merchants CSI 2000 Index Enhanced A fund increasing its holdings by 135,500 shares, now totaling 315,800 shares, representing 0.62% of the fund's net value [2] - The China Merchants CSI 2000 Index Enhanced A fund has achieved a year-to-date return of 38.4% and a one-year return of 36.84%, ranking 596 out of 4208 and 464 out of 3981 respectively [2]

Core Viewpoint - The stock of Zhimin Da has experienced a significant increase of 78.48% year-to-date, but has recently seen a decline of 7.54% over the past five trading days, indicating potential volatility in the market [1]. Financial Performance - For the period from January to September 2025, Zhimin Da achieved a revenue of 512 million yuan, representing a year-on-year growth of 145.16%. The net profit attributable to shareholders reached 81.99 million yuan, showing a remarkable increase of 995.37% compared to the previous year [2]. Shareholder Information - As of September 30, 2025, the number of shareholders for Zhimin Da increased to 9,837, up by 85.39% from the previous period. The average number of circulating shares per person decreased by 46.06% to 17,040 shares [2]. Dividend Distribution - Since its A-share listing, Zhimin Da has distributed a total of 52.57 million yuan in dividends, with 31.78 million yuan distributed over the past three years [3]. Institutional Holdings - As of September 30, 2025, among the top ten circulating shareholders, Guangfa Small and Medium Cap Selected Mixed A holds 4.48 million shares, remaining unchanged from the previous period. New entrants include Guangfa Technology Power Stock with 1.86 million shares and Changxin Jinli Trend Mixed A with 1.55 million shares [3].

Core Viewpoint - The company, Zhimingda, is a leading player in the embedded computer industry, focusing on customized solutions for military clients, with a significant increase in revenue and net profit in 2025 compared to previous years [1][6]. Group 1: Business Performance - In Q3 2025, Zhimingda achieved revenue of 512 million yuan, ranking 35th in the industry, significantly lower than the top competitors [2]. - The main business segments include airborne embedded computers, which accounted for 67.72% of revenue, while other segments contributed smaller percentages [2]. - The net profit for the same period was 81.99 million yuan, ranking 20th in the industry, but still below the top competitors [2]. Group 2: Financial Ratios - As of Q3 2025, the company's debt-to-asset ratio was 35.79%, higher than the industry average of 32.84%, indicating increased debt pressure [3]. - The gross profit margin was 47.98%, which, despite a slight decrease from the previous year, remains above the industry average of 34.84%, reflecting strong profitability [3]. Group 3: Shareholder Information - As of September 30, 2025, the number of A-share shareholders increased by 85.39%, indicating growing investor interest [5]. - The average number of shares held per shareholder decreased by 46.06%, suggesting a shift in shareholder composition [5]. Group 4: Management Compensation - The chairman, Wang Yong, received a salary of 1.8419 million yuan in 2024, an increase of 801,300 yuan from the previous year [4]. - The general manager, Long Bo, maintained a stable salary of 1.7456 million yuan, reflecting consistency in management compensation [4]. Group 5: Future Outlook - The company reported a significant increase in product orders, with a total order backlog of 450 million yuan, indicating strong future revenue potential [6]. - Forecasts for net profit from 2025 to 2027 are projected to grow steadily, reflecting confidence in the company's growth trajectory [6].

Core Viewpoint - The stock of Zhimin Da has shown significant growth, with a year-to-date increase of 99.32%, indicating strong market performance and investor interest [1][2]. Financial Performance - For the period from January to September 2025, Zhimin Da achieved a revenue of 512 million yuan, representing a year-on-year growth of 145.16% [2]. - The net profit attributable to shareholders for the same period was 81.99 million yuan, reflecting a remarkable year-on-year increase of 995.37% [2]. Stock Market Activity - As of October 27, the stock price of Zhimin Da was 37.40 yuan per share, with a market capitalization of 6.269 billion yuan [1]. - The stock experienced a trading volume of 121 million yuan, with a turnover rate of 1.95% [1]. - The net inflow of main funds was 2.2413 million yuan, with significant buying activity from large orders [1]. Shareholder Information - As of September 30, the number of shareholders increased to 9,837, up by 85.39% from the previous period [2]. - The average number of circulating shares per shareholder decreased by 46.06% to 17,040 shares [2]. Dividend Distribution - Zhimin Da has distributed a total of 52.5689 million yuan in dividends since its A-share listing, with 31.7847 million yuan distributed over the past three years [3]. Institutional Holdings - As of September 30, 2025, notable institutional shareholders include Guangfa Small and Medium Cap Selected Mixed A and Guangfa Technology Power Stock, with new entries in the top ten shareholders [3].

Core Insights - The company, Zhimin Da, experienced a 2.32% decline in stock price on August 26, with a trading volume of 230 million yuan [1] - The company reported a significant increase in revenue and net profit for the first half of 2025, with revenue reaching 295 million yuan, a year-on-year growth of 84.83%, and a net profit of 38.3 million yuan, a staggering increase of 2147.93% [2] Financing and Trading Activity - On August 26, Zhimin Da had a net financing purchase of 5.5 million yuan, with a total financing balance of 218 million yuan, accounting for 3.43% of its market capitalization [1] - The company’s margin trading balance is at a high level, exceeding the 90th percentile of the past year [1] - The short selling activity on the same day included the repayment of 2,900 shares and the sale of 1,500 shares, with a short selling balance of 8,701 shares valued at approximately 329,800 yuan [1] Shareholder and Institutional Holdings - As of June 30, the number of shareholders increased by 7.98% to 5,306, with an average of 31,592 circulating shares per person, up 37.99% [2] - The company has distributed a total of 52.6 million yuan in dividends since its A-share listing, with 31.8 million yuan distributed over the past three years [2] - Notable institutional investors include Guangfa Technology Innovation Mixed A and Changxin National Defense Military Industry Quantitative Mixed A, with significant increases in their holdings [2]