5 下游需求不及预期；海外政策变化；竞争加剧；限售股解禁。 事件 2 月 27 日，公司发布 2025 年度业绩快报，全年预计实现收入 10.71 亿元，同比增长 44.9%；全年预计实现归母净利润 1.75 亿元，同 比增长 21.8%。单 Q4 预计实现收入 3.34 亿元，同比增长 46.8%； 单 Q4 预计实现归母净利润 0.50 亿元，同比增长 30%。 经营分析 业绩快报符合预期。根据业绩快报，公司利润大幅增长主要原因为 专注主业，持续加大研发投入，巩固核心技术及产品。公司工业 X 射线源实现全谱系覆盖，微焦点射线源实现大规模出货，纳米级开 管射线源以及大功率射线源顺利实现产业化，AI 智能检测软件、 3D/CT 检测技术等领域实现突破，产品市场竞争力得到提升，新签 订单实现大幅度增长。 收购整合持续推进。2025 年公司顺利落地多项重大并购，2025 年 6 月 14 日，公司公告收购珠海九源 55%股份，后者主营高端新能 源电能变换设备及检测产品，公司凭借此次收购进入电池电性能 检测赛道。2026 年 1 月 10 日，公司公告落地收购新加坡 SSTI66% 的股份，后者是全球极少数的高端半 ...

证券代码：688531 证券简称：日联科技 公告编号：2026-005 日联科技集团股份有限公司 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，具体数据以日联科技集团 股份有限公司（以下简称"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：人民币万元 ■ 注：1、本报告期初数同法定披露的上年年末数。2025年7月，公司完成资本公积转增股本，共发行新股 51,089,525股，因此上年同期基本每股收益以及本报告期初归属于母公司所有者的每股净资产已相应进 行追溯调整。 2、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。数 据若有尾差，为四舍五入所致。 二、经营业绩和财务状况情况说明 （一）报告期的经营情况、财务状况 报告期内，公司实现营业收入107,136.88万元，同比增加44.88%；实现归属于母公司所有者的净利润 17,45 ...

证券代码：688531 证券简称：日联科技 公告编号：2026-006 日联科技集团股份有限公司关于 自愿披露对外投资设立控股子公司的公告 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。 重要内容提示： ● 投资标的名称：赛美康半导体（无锡）有限公司（暂定名，最终以市场监督行政管理部门核准登记为 准） ● 投资金额：日联科技集团股份有限公司（以下简称"日联科技"或"公司"）以自有资金出资770万元， 公司控股孙公司SCPL SEMICONDUCTOR TEST & INSPECTION PTE. LTD.（以下简称"SSTI"，日联科 技持股66%）以自有资金出资330万元。 ● 本次对外投资设立控股子公司事项不构成关联交易，亦不构成《上市公司重大资产重组管理办法》所 规定的重大资产重组情形。 ● 相关风险提示： 1、设立控股子公司尚需履行市场监督管理等相关部门审批/备案程序，审批/备案程序以及最终完成时 间存在不确定性。 2、控股子公司运营受宏观经济、行业政策、市场竞争、技术迭代等因素影响，存在业务拓展不及预期 的风险。 ...

报告期内，公司始终专注主业，持续加大研发投入，巩固核心技术及产品自主可控地位。公司工业X射 线源实现全谱系覆盖，微焦点射线源实现大规模出货，纳米级开管射线源以及大功率射线源顺利实现产 业化，AI智能检测软件、 3D/CT检测技术等领域实现突破，产品市场竞争力得到提升，新签订单实现 大幅度增长；公司坚定践行下游多应用领域布局战略，产品已全面覆盖集成电路及电子制造、新能源电 池、铸件焊件及材料检测等战略新兴领域，并积极把握下游领域的产业发展机遇，不断开拓新应用场 景，进一步巩固市场领先地位；此外，公司持续开展全球化布局，积极推进国内外研发生产能力及营销 网络建设，公司产品力、渠道力、品牌力等核心能力持续增强，综合竞争力得到全方位提升。 智通财经APP讯，日联科技(688531.SH)发布2025年度业绩快报，报告期内，公司实现营业收入10.71亿 元，同比增加44.88%;实现归属于母公司所有者的净利润1.75亿元，同比增加21.81%。 ...

格隆汇2月27日丨日联科技(688531.SH)公布2025年度业绩快报，报告期内，公司实现营业收入10.71亿 元，同比增加44.88%；实现归属于母公司所有者的净利润1.75亿元，同比增加21.81%；实现归属于母公 司所有者的扣除非经常性损益的净利润1.45亿元，同比增加50.85%。 报告期末，公司财务状况良好，总资产41.08亿元，较报告期初增加12.88%；归属于母公司的所有者权 益33.69亿元，较报告期初增加4.28%；经营活动产生的现金流量净额为1.91亿元，同比增长509.37%。 报告期内，公司始终专注主业，持续加大研发投入，巩固核心技术及产品自主可控地位。公司工业X射 线源实现全谱系覆盖，微焦点射线源实现大规模出货，纳米级开管射线源以及大功率射线源顺利实现产 业化，AI智能检测软件、3D/CT检测技术等领域实现突破，产品市场竞争力得到提升，新签订单实现大 幅度增长；公司坚定践行下游多应用领域布局战略，产品已全面覆盖集成电路及电子制造、新能源电 池、铸件焊件及材料检测等战略新兴领域，并积极把握下游领域的产业发展机遇，不断开拓新应用场 景，进一步巩固市场领先地位；此外，公司持续开展全球化布 ...

Core Insights - The establishment of the National Commercial Space Administration and the introduction of specialized development plans mark 2026 as the "commercialization year" for the commercial space industry in China [1] Group 1: Company Overview - Dayun Technology is a leading supplier of industrial X-ray intelligent detection equipment in China, transitioning from a "pioneer" to a "leader" in the commercial space detection field [1] - The company has developed a unique competitive advantage through years of technological barriers and a rare industry position, being the only domestic enterprise to achieve the industrialization of self-developed industrial X-ray sources [1] Group 2: Technological Advancements - The company has released the industry's first industrial X-ray imaging AI vertical large model, which meets the high-efficiency detection needs of mass production in commercial space [1] - The 3D/CT detection technology has upgraded from 2D plane detection to 3D imaging, precisely adapting to the detection requirements of complex products such as rocket structural components and satellite electronic semiconductor devices [1] Group 3: Market Position and Client Base - Dayun Technology has successfully delivered products to key players in the commercial space sector, including China Aerospace Science and Technology Corporation and private enterprises like Galactic Glory, covering a range of components from rockets to satellites [2] - The company has made a critical leap from "technical validation" to "actual application," establishing a solid foundation for growth despite the current low revenue share from the aerospace sector [2] - The high customer stickiness and replacement costs in the aerospace detection industry suggest that once integrated into core supplier systems, the company will continue to benefit from downstream capacity expansion and order releases [2]

Core Viewpoint - The commercial aerospace industry is entering a phase of rapid growth, defined as the "commercialization year" in 2026, with significant advancements in technology and infrastructure, particularly in the area of high-reliability engineering under extreme conditions [1][2]. Industry Overview - The essence of commercial aerospace lies in high reliability under extreme conditions, where failures can lead to losses of tens of millions to billions [2]. - The demand for X-ray non-destructive testing technology is increasing as it serves as the "gold standard" for ensuring material performance and structural reliability in rocket manufacturing and satellite development [2]. Company Positioning - The company, as a leading supplier of industrial X-ray intelligent detection equipment, is transitioning from a "pioneer" to a "leader" in the commercial aerospace testing sector, leveraging its technological barriers and customer breakthroughs [1][3]. - The company is the only domestic entity that has achieved the industrialization of self-developed X-ray sources and is engaged in the research and manufacturing of intelligent detection equipment, providing it with unique advantages in precision, stability, and cost control [3]. Technological Advancements - The company has launched the industry's first AI vertical large model for industrial X-ray imaging, which meets the high-efficiency detection needs of commercial aerospace mass production [3]. - The introduction of 3D/CT detection technology has upgraded the detection capabilities from 2D to 3D imaging, allowing for precise adaptation to complex products like rocket structural components and satellite electronic semiconductor devices [3]. Market Dynamics - The company has successfully delivered products to major players in the aerospace sector, including China Aerospace Science and Technology Corporation and private commercial aerospace leaders, marking a significant transition from "technical validation" to "practical application" [4]. - The high customer stickiness and high switching costs in the aerospace testing industry suggest that once the company enters the core supplier system, it will benefit from downstream capacity expansion and order releases [4]. Strategic Development - The company's strategy of "horizontal expansion and vertical deepening" aligns well with industry trends, as it diversifies into optical and ultrasonic detection technologies while deepening its presence in the aerospace sector [4]. - The company aims to become a platform-type enterprise in industrial detection, leveraging its unique barriers, AI-enabled technological upgrades, and a diverse customer matrix to secure a favorable position in the commercial aerospace testing field [4].