证券代码：688616 证券简称：西力科技 公告编号：2026-003 杭州西力智能科技股份有限公司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，具体数据以公司2025年年 度的定期报告为准，提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 ■ 注：1.本报告期初数同法定披露的上年年末数。 2.上表中归属于母公司所有者的每股净资产中期末普通股股数为总股本扣除回购股份数。 3.以上财务数据及指标以合并报表数据填制，但未经审计，最终数据以公司2025年年度报告中披露的数 据为准。 4.以上增减变动幅度数据如有尾差，是由于四舍五入所造成。 报告期内，公司坚定践行"质量为本、科技制胜"的发展理念，在深耕主业、做精做强核心业务的同时， 稳步推进"多产业、多产品、多市场"发展战略，取得多项突破：融合终端、电力计量互感器、配电箱等 新产品首次成功中标国家电网项目；成功开拓海外新巿场，进一步拓宽国内外市场产品、产业布 ...

智通财经APP讯，西力科技(688616.SH)披露2025年度业绩快报，报告期内，公司实现营业收入5.84亿 元，同比下降0.55%;实现归属于母公司所有者的净利润1.04亿元，同比增长0.08%。 报告期内，公司坚定践行"质量为本、科技制胜"的发展理念，在深耕主业、做精做强核心业务的同时， 稳步推进"多产业、多产品、多市场"发展战略，取得多项突破：融合终端、电力计量互感器、配电箱等 新产品首次成功中标国家电网项目;成功开拓海外新巿场，进一步拓宽国内外市场产品、产业布局。 ...

报告期内，公司坚定践行"质量为本、科技制胜"的发展理念，在深耕主业、做精做强核心业务的同时， 稳步推进"多产业、多产品、多市场"发展战略，取得多项突破：融合终端、电力计量互感器、配电箱等 新产品首次成功中标国家电网项目；成功开拓海外新巿场，进一步拓宽国内外市场产品、产业布局。 格隆汇2月27日丨西力科技(688616.SH)公布2025年年度业绩快报，报告期内，公司实现营业收入5.84亿 元，同比下降0.55%；实现归属于母公司所有者的净利润1.04亿元，同比增长0.08%；实现归属于母公司 所有者的扣除非经常性损益的净利润9948.52万元，同比增长5.66%。 ...

（来源：天津日报） 越往隧道深处走，空气越潮湿，手电光所及之处，高高悬挂的高铁接触网如银色长龙延伸向远方。接触 网工郭鑫宇正站在5米多高的车梯上，用扳手紧固接触网上一处定位点的螺栓，当日白天安全检测监测 系统预警了这里的燃弧缺陷。联合检修专班接触网专业主管李鹏则带领队员仔细检查着绝缘器的磨损情 况、连接状态，确保列车通过时供电平稳。 记者看到，为了精准操作扳手、螺丝刀等工具，排查接触网零部件的松动、锈蚀等问题时，队员们只戴 着一层薄布的绝缘手套进行作业。"绝缘器就像是列车供电的'转换开关'，必须保证绝对可靠。"李鹏 说，白天他们要整理检修台账、研判风险、备料保养工具，夜间则投入紧张的检修，连轴转已是常态。 此时，前方隧道穹顶传来轻微的嗡嗡声，联合检修专班接触网工南丽江正操控无人机盘旋，屏幕上实时 传回高清画面。南丽江说："接触网的刚性悬挂部件隐蔽性强，人工检查容易有盲区。无人机能实现无 死角巡航，飞行误差不超过5厘米，60多种设备缺陷都逃不过它的'眼睛'。刚才我们就发现了1处螺栓轻 微松动，马上通知队员处置。"与此同时，联合检修专班电力工宁雪峰则手持红外测温仪，对配电箱、 电缆接头逐一测温，防止电缆接头温度过 ...

Core Insights - The company held its Q3 2025 earnings briefing on November 4, 2025, with full participation from management and investors, achieving a 100% response rate to questions [1] Group 1: Business Operations - The company is actively involved in the construction of national UHV (Ultra High Voltage) AC and DC transmission lines, providing a range of capacitor assemblies and capacitive voltage transformers, with advantages in product variety, technological leadership, and reliable quality [1] - The company plans to deepen its business in the UHV sector, focusing on the development of dry oil-free capacitors and enhancing technological advantages, particularly in domestic replacements for DC support capacitors used in flexible DC transmission [1] Group 2: Market Demand and Product Applications - The company has seen significant demand for its products in the data center sector, particularly due to the national "East Data West Computing" initiative, which has led to increased electricity demand in the thousands of megawatts [1] - The company provides transformers, medium-voltage cabinets, low-voltage cabinets, bus ducts, and distribution boxes for various data center projects, including those for major telecom operators and internet giants [1] Group 3: International Expansion - The company is accelerating its international strategy and has developed transformers that meet U.S. standards, accumulating project experience overseas [1] - The company has signed multiple overseas projects in countries such as Congo, Thailand, Peru, and Malaysia, with successful delivery of the U.S. Bit Deer 110kV project [1]

Group 1 - The company held a Q3 2025 performance briefing on November 4, 2025, with key executives participating to discuss operational results and financial metrics [1] - The company is involved in the construction of national UHV AC and DC transmission lines, providing a range of capacitor assemblies and capacitive voltage transformers, with plans to enhance its offerings in dry oil-free capacitors and support for domestic alternatives in flexible DC transmission [1] - The company has been actively supplying equipment for data centers, contributing to the growing power demand driven by national initiatives like the "East Data West Computing" project, with products used in various significant data center projects [1] Group 2 - The company is advancing its international strategy, having developed transformers that meet U.S. standards and secured projects in countries such as Congo, Thailand, Peru, and Malaysia, with successful delivery of the U.S. Bit Deer 110kV project [1]

Group 1 - The company has successfully won the bid for the low-voltage distribution cabinet procurement project for the Nanchang Power Supply Section of China Railway Nanchang Bureau Group Co., Ltd. for the year 2025 [1] - Additionally, the company has also secured the bid for the construction project of the FXX pool at Harbin Engineering University, which includes the procurement of distribution boxes [1]

Core Viewpoint - Chongqing Hifuture Information Technology Co., Ltd. reported a significant increase in revenue and a reduction in net loss for the first half of 2025, driven by the expansion of its pharmaceutical segment and improvements in operational efficiency [2][3]. Financial Performance - The company's operating revenue for the reporting period reached approximately 179.79 million yuan, a 61.54% increase compared to 111.30 million yuan in the same period last year [2][6]. - The net profit attributable to shareholders was a loss of approximately 31.67 million yuan, which is a 54.36% improvement from a loss of 69.39 million yuan in the previous year [2][3]. - The net cash flow from operating activities was approximately 51.19 million yuan, a significant turnaround from a negative cash flow of 50.50 million yuan in the previous year, marking a 201.36% increase [2][3]. Business Segments - The company operates in four main business segments: power distribution equipment, electric vehicle charging stations, photovoltaic and wind power EPC projects, and biopharmaceuticals [3][5]. - The pharmaceutical segment contributed significantly to revenue, generating approximately 103.23 million yuan, accounting for 57.41% of total revenue, which was a new addition to the company's portfolio [6]. - The electric vehicle charging station segment, through its subsidiary, provided integrated solutions for charging systems, with products designed for efficiency and safety [3][5]. Cost Management - The company's operating costs decreased by 8.46% to approximately 87.70 million yuan, reflecting effective cost control measures [5][6]. - Sales expenses surged by 436.73% to approximately 56.10 million yuan, primarily due to the expansion of the pharmaceutical business [5][6]. - Management expenses decreased by 48.20% to approximately 26.69 million yuan, indicating improved operational efficiency [5][6]. Asset and Liability Analysis - Total assets increased by 20.33% to approximately 952.07 million yuan compared to the previous year [2][8]. - The company's net assets attributable to shareholders were negative at approximately -95.79 million yuan, a decline of 74.72% from the previous year [2][8]. - The company reported an increase in accounts receivable, which reached approximately 245.67 million yuan, accounting for 25.80% of total assets [8][9]. Strategic Advantages - The company has established a strong brand presence in the power distribution equipment sector, leveraging over 20 years of industry experience [3][5]. - Continuous investment in research and development, particularly in the pharmaceutical sector, has enhanced the company's innovation capabilities [5][6]. - The strategic collaboration with local government resources is expected to create synergies that will support the company's growth trajectory [5][6].

Group 1 - The core viewpoint emphasizes the efficient service provided by the State Grid Rencheng District Power Supply Company, which has significantly improved the process of electricity supply for new enterprises, particularly small and micro businesses [1][2] - The company has established an "emergency material green channel" specifically for small and micro enterprises, ensuring that urgent material needs can be met promptly [1] - A "micro demand list" has been created, including over 20 commonly used materials, to facilitate immediate procurement for businesses [1] Group 2 - The material center has provided material support to over 300 small and micro enterprises in the district, maintaining a 100% on-time delivery rate for materials [2] - The company has formed a specialized team to offer tailored material selection advice and solutions based on the specific production characteristics of different industries [1][2] - The center aims to further optimize its service mechanisms to better align material support with the needs of small and micro enterprises, enhancing their development [2]

Investment Rating - The report indicates a positive outlook for the industry, suggesting an "Overweight" rating based on expected performance exceeding the market benchmark by more than 10% over the next 6-12 months [33]. Core Insights - The North Exchange A-shares saw a trading volume of 27.45 billion yuan on July 21, 2025, an increase of 4.99 billion yuan from the previous trading day, with the North Exchange 50 Index closing at 1452.34, up 2.38% [2][9]. - The report highlights significant market drivers, including the launch of the 1.2 trillion yuan Yarlung Tsangpo River hydropower project, which is expected to stimulate related industries such as tunnel equipment and engineering consulting [4][20]. - The report emphasizes the importance of focusing on high-scarcity and strong alpha attributes in specialized and innovative enterprises, particularly in new power equipment and smart hardware sectors [4]. Summary by Sections Market Review - On July 21, 2025, the North Exchange A-shares had 268 companies, with 208 rising, 4 flat, and 56 declining. The top five gainers included Iron Tuo Machinery, Jikang Instruments, and Wuxin Tunnel Equipment, each rising by 30% [2][16]. - The North Exchange Specialized and Innovative Index closed at 2477.21, up 2.0% [2][9]. Important News - A humanoid robot project by UBTECH won a record bid of 90.51 million yuan, with plans to deliver 500 units within the year, indicating a growing market for robotics [19]. - The Yarlung Tsangpo River hydropower project, with a total investment of approximately 1.2 trillion yuan, is set to begin construction, which may open growth opportunities in related sectors [20]. Key Company Announcements - Runpu Food announced that its major shareholder plans to reduce its stake by up to 1.76 million shares, representing 1.99% of the total share capital [21]. - Xuchang Intelligent won 13 projects from the State Grid, totaling 153 million yuan, enhancing its market presence [29].