证券代码：688049 证券简称：炬芯科技 公告编号：2026-005 炬芯科技股份有限公司 注：1.上年同期基本每股收益已按照公司2024年年度权益分派实施后的总股本调整计算，其他期初数同 上年年报披露的年末数。 2.上述数据均按四舍五入原则保留至小数点后两位数。 3.以上财务数据及指标以合并报表数据填列，但未经审计，最终结果以公司2025年年度报告为准。 二、经营业绩和财务状况情况说明 2025年度业绩快报公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容 的真实性、准确性和完整性依法承担法律责任。 本公告所载2025年度主要财务数据为初步核算数据，未经会计师事务所审计，具体数据以炬芯科技股份 有限公司（以下简称"公司"）2025年年度报告中披露的数据为准，请投资者注意投资风险。 一、2025年度主要财务数据和指标 单位：万元 ■ （一）报告期的经营情况、财务状况及影响经营业绩的主要因素 2025年度，公司实现营业收入92,237.87万元，同比增长41.50%；实现归属于母公司所有者的净利润 20,459.01万元，同比增长91.95%；归属于母公司所有者的 ...

报告期内，立足深厚的音频技术积累，公司以端侧AI技术赋能实现了向多元AIoT场景延伸，斩获亮眼 的经营成果，盈利规模与质量实现双向进阶。凭借创新的技术架构与卓越的产品性能，公司基于第一代 存内计算技术的端侧AI音频芯片推广进展顺利，多家头部品牌的多个项目已成功立项并陆续量产。其 中，面向低延时私有无线音频领域的客户终端产品率先完成量产，完成端侧AI技术从技术验证到商业 化落地的全链路闭环;面向端侧AI处理器芯片领域的客户终端亦在CES全球消费电子展正式发布，进一 步拓宽了应用场景边界。在端侧产品AI化的行业浪潮驱动下，公司产品矩阵协同效应显著：端侧AI处 理器芯片应用于头部音频品牌的高端音箱、Party音箱等产品，终端渗透率快速提升，带动相关收入实 现倍数增长;低延迟高音质无线音频产品需求持续强劲，销售额保持高速增长;蓝牙音箱SoC芯片系列在 头部音频品牌中的份额稳步提升，客户合作向更高价值与更深层次演进，为长远发展筑牢根基。 炬芯科技(688049.SH)发布2025年度业绩快报，2025年度，公司实现营业收入92,237.87万元，同比增长 41.50%;实现归属于母公司所有者的净利润20,459.01万 ...

报告期内，立足深厚的音频技术积累，公司以端侧AI技术赋能实现了向多元AIoT场景延伸，斩获亮眼 的经营成果，盈利规模与质量实现双向进阶。凭借创新的技术架构与卓越的产品性能，公司基于第一代 存内计算技术的端侧AI音频芯片推广进展顺利，多家头部品牌的多个项目已成功立项并陆续量产。其 中，面向低延时私有无线音频领域的客户终端产品率先完成量产，完成端侧AI技术从技术验证到商业 化落地的全链路闭环;面向端侧AI处理器芯片领域的客户终端亦在CES全球消费电子展正式发布，进一 步拓宽了应用场景边界。在端侧产品AI化的行业浪潮驱动下，公司产品矩阵协同效应显著：端侧AI处 理器芯片应用于头部音频品牌的高端音箱、Party音箱等产品，终端渗透率快速提升，带动相关收入实 现倍数增长;低延迟高音质无线音频产品需求持续强劲，销售额保持高速增长;蓝牙音箱SoC芯片系列在 头部音频品牌中的份额稳步提升，客户合作向更高价值与更深层次演进，为长远发展筑牢根基。 智通财经APP讯，炬芯科技(688049.SH)发布2025年度业绩快报，2025年度，公司实现营业收入 92,237.87万元，同比增长41.50%;实现归属于母公司所有者的净利润2 ...

格隆汇2月26日丨炬芯科技(688049.SH)公布2025年度业绩快报，2025年度，公司实现营业收入9.22亿 元，同比增长41.50%；实现归属于母公司所有者的净利润2.05亿元，同比增长91.95%；归属于母公司所 有者的扣除非经常性损益的净利润1.92亿元，同比增长145.02%。 报告期内，公司加大研发投入，研发投入2.39亿元，同比增长11.21%。公司全力推动芯片产品谱系的迭 代升级，存内计算技术深度赋能全产品线，面向智能穿戴赛道的 ATW609X 芯片正式面市。公司正稳步 推进第二代存内计算技术IP 研发，致力于实现单核 NPU 算力的显著提升、能效比进一步优化及对 Transformer 模型的全面支持。同时，下一代私有协议研发同步推进，以持续提升无线传输带宽、降低 传输延迟、增强抗干扰性能。公司从芯片硬件算力强化、无线连接技术突破、音频算法迭代升级及开发 生态完善四个维度，全方位构筑技术护城河。得益于清晰的战略聚焦与高效的运营执行，公司营业收入 增速显著高于费用增速，规模效应有效带动盈利水平整体提升。未来，公司将继续聚焦下游市场需求， 增强产品矩阵竞争力，将端侧 AI 音频能力注入广阔的 ...

Core Viewpoint - The company, Juchip Technology, reported significant growth in its 2025 financial performance, with substantial increases in revenue and net profit, driven by advancements in AI audio technology and product innovation [1][2][3] Financial Performance - In 2025, the company achieved operating revenue of 922 million yuan, representing a year-on-year increase of 41.50% [1] - The net profit attributable to the parent company was 205 million yuan, up 91.95% year-on-year [1] - The net profit attributable to the parent company after deducting non-recurring gains and losses was 192 million yuan, reflecting a 145.02% year-on-year growth [1] Technological Advancements - The company leveraged its deep audio technology expertise to extend into diverse AIoT scenarios, resulting in impressive operational outcomes and dual advancements in profitability and quality [2] - The first-generation in-memory computing technology audio chips have seen successful project launches and mass production with several leading brands [2] - The company is advancing its second-generation in-memory computing technology IP development, aiming for significant improvements in single-core NPU computing power and energy efficiency [3] Research and Development - R&D investment reached 239 million yuan, an increase of 11.21% year-on-year, emphasizing the company's commitment to product iteration and technological enhancement [3] - The company is focusing on four dimensions: strengthening chip hardware capabilities, breakthroughs in wireless connection technology, upgrading audio algorithms, and improving the development ecosystem to build a robust technological moat [3] Market Position and Future Outlook - The company is experiencing rapid growth in sales of low-latency, high-quality wireless audio products, with increasing market penetration of its Bluetooth audio SoC chip series among leading audio brands [2] - The strategic focus on downstream market demands and enhancing product matrix competitiveness is expected to lay a solid foundation for the company's long-term stable development [3]

Core Viewpoint - The company has released its 2025 performance forecast, indicating significant growth in revenue and net profit, while continuing to advance its edge AI products and technology iterations [1][2]. Financial Performance - The company expects a total revenue of 922 million yuan for 2025, representing a year-on-year increase of 41.44% - The projected net profit attributable to shareholders is 204 million yuan, reflecting a year-on-year growth of 91.40% - The formal annual report is expected to be released at a later date, with specific timing to be announced [2]. Business Development - The company is actively promoting new products such as edge AI processor chips, with steady progress in the research and development of the second-generation in-memory computing technology IP, aiming for enhanced computing power and energy efficiency - The ATW609X chip, targeting the smart wearable sector, is prepared for release, although the exact timing has not been specified [3]. Related Transactions - The company anticipates a total amount of 82.4 million yuan in daily related transactions for 2026, with relevant proposals approved during the temporary shareholders' meeting on January 13, 2026 - The implementation status of these transactions will be monitored in periodic reports [4].

Core Insights - The company, Juchip Technology, has developed AI processor chips that provide substantial AI computing power for various applications, including voiceprint recognition, intelligent AI noise reduction, sound field positioning, multi-track separation, voice enhancement, semantic analysis, AI vocal beautification, AI voice changing, and AI sound effects [2] Group 1 - The AI processor chips can be widely applied in professional audio equipment such as Party speakers, sound cards, mixing consoles, professional microphones, and conference systems [2]

Core Viewpoint - The company, Juchip Technology, is experiencing rapid growth in its low-latency high-quality wireless audio SoC chips, Bluetooth speaker SoC chips, and edge AI processor chips, driven by market trends and increasing demand [2] Group 1: Product Performance - The company has seen significant growth in the low-latency high-quality wireless audio chip market, particularly in the wireless microphone, wireless gaming headset, and the trend of converting wired home theater systems to wireless [2] - In the Bluetooth speaker market, the company has continuously increased its penetration rate with international leading brands, resulting in steady growth [2] - The edge AI processor market has shown a multiple increase in product shipment volume, emphasizing the company's ability to provide excellent solutions with high computing power at low power consumption [2]

Core Insights - The company, Juchip Technology, focuses on mid-to-high-end smart audio SoC chips and edge AI processor chips, which are utilized in various applications including wireless audio, smart wearables, party speakers, professional speakers, and audio interfaces [2] Product and Application Summary - The main products of the company include smart audio SoC chips and edge AI processor chips [2] - Applications of these products span across wireless audio devices (such as wireless microphones and Bluetooth speakers), smart wearables (including smartwatches, smart bands, and AI glasses), party speakers, professional speakers, and audio interfaces/mixers [2] Future Development Focus - The company aims to continue advancing the research and development of low-power, high-performance edge AI chips to capitalize on the trend of AI integration in smart terminals [2]

Investment Rating - The investment rating for the company is "Buy" (maintained) [1] Core Insights - The company is expected to achieve significant revenue growth in 2025, with total revenue projected at 921.74 million yuan, representing a year-on-year increase of 41.40%. The net profit attributable to shareholders is forecasted to reach 203.87 million yuan, a substantial growth of 91.28% year-on-year [1][7] - The core product line is expanding, with the company's AI-enabled audio chips gaining traction in the market. The sales of low-latency, high-quality wireless audio products are experiencing rapid growth, and the penetration rate of Bluetooth audio SoC chips among leading audio brands is steadily increasing [7] - The company is increasing its R&D investment, with an estimated R&D expenditure of approximately 240 million yuan in 2025, reflecting an 11.56% year-on-year growth. This investment supports the development of next-generation products and technologies [7] Financial Projections - The company's revenue projections for 2025-2027 are adjusted to 9.22 billion yuan, 12.31 billion yuan, and 15.75 billion yuan, respectively. The net profit attributable to shareholders is expected to be 2.04 billion yuan, 2.73 billion yuan, and 3.76 billion yuan for the same period [7][8] - The net profit margin for 2025 is anticipated to reach 22.13%, an increase of 5.78 percentage points compared to the same period in 2024, indicating a continuous improvement in core profitability [7] - The earnings per share (EPS) for 2025 is projected to be 1.16 yuan, with a price-to-earnings (P/E) ratio of 47.84 based on the latest diluted EPS [1][8]