彭浩的减持动作引发市场高度关注。公告显示，其当前持股数量达1.885亿股，占总股本的19.56%，即 便完成本次减持，持股比例仍将维持在18.5%以上，公司控制权稳定性不受影响。此次减持股份来源为 首发前股份及送转股，减持方式限定为集中竞价交易。 本报讯 （记者丁蓉）1月12日，深圳市信维通信股份有限公司（以下简称"信维通信"）发布公告称，公 司实际控制人、董事长、总经理彭浩因个人资金需求，计划在2月3日至5月2日的3个月内，通过集中竞 价方式减持不超过963.76万股公司股份，即不超过公司当前总股本的1%。 信维通信的主营业务是天线及模组、无线充电模组及相关产品、EMIEMC器件、高精密连接器、声学器 件、汽车互联产品、被动元件等。 （编辑 李家琪） 信维通信2025年前三季度实现营业收入64.62亿元，同比微增1.07%；实现归属于上市公司股东的净利润 4.86亿元，同比下降8.77%；实现归属于上市公司股东的扣除非经常性损益的净利润4.29亿元，同比增 长4.69%。 ...

Macro Strategy - The September FOMC meeting resulted in a 25bps rate cut, with guidance indicating two more cuts within the year and an additional cut next year, which is more hawkish than market expectations [1][17] - Powell's statements on employment and inflation were consistent with the August Jackson Hole meeting, lacking significant dovish information, leading to volatile movements in major asset classes [1][17] - The focus is shifting towards the independence of the Federal Reserve, with potential political pressures influencing future rate cuts and increasing dollar credit risks [1][17] Fixed Income - The convertible bond market experienced fluctuations, with high-priced bonds outperforming mid and low-priced ones, indicating a highly structured opportunity landscape driven by the current equity market [2][19] - The China convertible bond index has risen over 30% since its low in August 2024, with a corresponding increase in the premium rate of about 8-12 percentage points [2][19] - The issuance of green bonds totaled approximately 20.052 billion yuan this week, a significant increase from the previous week, indicating strong market interest [4][23] Industry Insights - In the semiconductor equipment sector, domestic equipment manufacturers are expected to benefit significantly from the development of domestic computing power chips [12] - The oil service equipment industry is poised to gain from Saudi Aramco's plan to initiate 85 major projects over the next three years, with specific recommendations for companies like Jereh and Neway [13] - The precision manufacturing sector, particularly in 3C electronics, is highlighted for its growth potential, with companies like Fuliwang expected to see significant profit increases from 2025 to 2027 [16]

Core Viewpoint - The company reported a decline in revenue and net profit for the first half of 2025, but is focusing on strategic product lines and international expansion to drive future growth [1][3][5]. Financial Performance - Total assets as of mid-2025 were approximately 12.90 billion yuan, a year-on-year increase of 3.49% [1]. - Revenue for the first half of 2025 was approximately 3.70 billion yuan, down 1.15% from the previous year [3]. - Net profit attributable to shareholders was approximately 161.83 million yuan, a decrease of 20.18% year-on-year [3]. - The net profit after deducting non-recurring gains and losses was approximately 115.12 million yuan, down 24.58% from the previous year [3]. - Basic and diluted earnings per share were both 0.1699 yuan, representing an 18.90% decline [1]. - The weighted average return on equity was 2.20%, down 0.65% from the previous year [1]. Business Segments - The antenna, wireless charging, and precision components businesses maintain market advantages, with the antenna segment continuing to lead [2]. - The wireless charging business is benefiting from rapid adoption in smartphones, wearables, and smart vehicles, with expectations for significant market growth [2]. - The precision components segment is seeing sustained orders due to new client model introductions and ongoing demand from major customers [2]. New Business Opportunities - The company is gradually gaining more business opportunities in new areas such as LCP modules, millimeter-wave antennas, automotive radar, and UWB modules [3]. - The company has developed LCP antenna modules for major North American clients, focusing on mobile communications and smart connected vehicles [3]. - In the UWB business, the company offers comprehensive solutions that have been successfully applied in various smart devices [3]. Strategic Initiatives - The company is expanding its international presence with 26 subsidiaries and 11 R&D centers across 8 countries and 18 regions [6]. - Significant enhancements in production capacity have been achieved in Vietnam and Mexico, supporting global business expansion [6]. - The company is investing in R&D to align with trends in 5G-A/6G, data centers, and artificial intelligence [6]. Industry Trends - The commercial satellite communication sector is expected to experience growth due to increasing demand for connectivity and rapid deployment of low-orbit satellite constellations [4]. - The smart vehicle sector is a key strategic area for the company, with ongoing collaborations with major manufacturers and Tier 1 suppliers [5]. - The company is focusing on high-end MLCC products to meet the growing demand in emerging fields such as smart vehicles and AI servers [4].