南财智讯1月29日电，凯旺科技发布年度业绩预告，预计2025年全年归属于上市公司股东的净利润 为-7700万元—-10000万元；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-11300 万元—-8800万元。报告期内，导致公司亏损的主要原因为：1、报告期内，由于传统的安防、通讯类精 密线缆连接组件领域，市场竞争态势加剧。与此同时，2025年公司主要原材料-铜材价格涨幅较大，且 针对部分成熟产品实施了降价策略，从而有效维持并提升了市场份额。在客户端创新业务布局方面，达 成了快速跟进与有效配合。公司于研发、生产、销售等方面持续加大投入，此为公司当期主营业务净利 润下降的主要原因之一。2、报告期内，公司持续对产能布局开展垂直与横向整合，以完善产业链布 局。公司持续强化在连接器、电线电缆这两个传统产品领域的纵向与横向拓展，同时加大对新业务模块 的投入，新业务主要涵盖精密五金零件、精密塑胶件、软硬铜排、组装成品等产品范围。目前，新业务 模块仍处于业绩成长阶段，公司在人才引入、团队搭建、设备投入等方面的投入规模较大，客户端从供 应商认证、样品认证、小批量出货到实现大批量订单的周期较长。截至2025年 ...

Core Viewpoint - The earnings presentation of Kaiwang Technology for the fiscal year 2024 highlighted the company's focus on R&D investment and stable supply chain management, while addressing concerns about investment income and stock market fluctuations due to share unlocks [1][2][3][4]. R&D Investment - The company's R&D expenses account for 6.13% of sales revenue, indicating a commitment to maintaining a competitive edge in precision connection components and related fields [2]. - Kaiwang Technology plans to continue investing in R&D to meet customer demands and enhance product technology [2]. Investment Income - The investment income for 2024 was reported at 1,849,541.51 yuan, showing a decline compared to the previous period due to reduced idle fundraising amounts as projects progressed [2]. - The company aims to improve the investment yield of idle funds in the future [2]. Stock Market Concerns - The upcoming unlock of over 50 million shares is not expected to lead to significant stock price volatility, as the company emphasizes that unlocking does not equate to shareholder sell-offs [3]. - The company will adhere to disclosure obligations if any shareholders decide to reduce their holdings in the future [3]. Supply Chain Management - The procurement channels for key raw materials, such as copper and rubber, are currently stable, with long-term relationships established with suppliers [3]. - The company employs strategies like advance payments and monthly average pricing to mitigate risks associated with price fluctuations in raw materials [3]. Partnerships - Kaiwang Technology has been collaborating with Huawei for several years, primarily supplying waterproof components, although the overall sales volume remains small [4]. - The company also partners with Yushutech, supplying cables and precision cable components, with a low overall sales contribution [4].