Core Viewpoint - *ST Chengchang (001270.SZ) is expected to turn a profit in 2025, projecting a net profit of 95 million to 124 million yuan, compared to a loss of 31.12 million yuan in the previous year, indicating a significant turnaround in financial performance [2][5]. Financial Performance Forecast - The company anticipates a net profit of 95 million to 124 million yuan for the fiscal year 2025, a substantial increase from the previous year's loss of 31.12 million yuan, representing a year-on-year growth of 405.29% to 498.48% [5]. - Total profit is projected to be between 96 million and 125 million yuan, marking an increase of 353.89% to 430.58% compared to the previous year [5]. - The net profit after deducting non-recurring gains and losses is expected to be between 89 million and 115 million yuan, up 304.06% to 363.68% year-on-year [5]. - Basic earnings per share are forecasted to be between 0.4668 yuan and 0.6093 yuan, compared to a loss of 0.1529 yuan in the previous year [5]. - Operating revenue is projected to be between 380 million and 435 million yuan, significantly higher than the previous year's revenue of 211.54 million yuan [5]. Stock Performance and Market Position - Since December 1, 2025, *ST Chengchang's stock price has surged, being referred to as a "big bull stock" in the recent commercial aerospace sector [6]. - The stock reached a limit-up today, with the latest price at 157.68 yuan and a market capitalization of 32.5 billion yuan [7]. - The company's main business involves the research, production, sales, and technical services of microwave and millimeter-wave phased array T/R chips, with key products including GaAs/GaN power amplifier chips and various other specialized chips [7]. Recent Business Developments - In the third quarter of 2025, *ST Chengchang reported operating revenue of 306 million yuan, a year-on-year increase of 204.78%, and a net profit of 90.36 million yuan, up 386.56% [7]. - The company achieved third-quarter operating revenue of 105 million yuan, reflecting a growth of 266.57%, and a net profit of 33.73 million yuan, which is a 565.20% increase year-on-year [7]. - The company is expanding its presence in the satellite sector, with multiple large-scale remote sensing satellite projects entering regular batch delivery phases, indicating strong growth potential [7].

1月12日晚，*ST铖昌公告称，公司股票交易连续10个交易日内4次出现同向股票交易异常波动情形，属于股票交易严重异常波动的情况。为维护投资者利 益，公司申请股票自2026年1月13日开市起停牌，待核查结束并披露相关公告后复牌，预计停牌时间不超过3个交易日。 同日，*ST铖昌还发布股票严重异常波动公告称，商业航天行业处于产业初期阶段，公司基本面未发生重大变化。 每经编辑｜黄胜 封面图片来源：每日经济新闻 值得一提的是，*ST铖昌股价自去年12月1日以来出现大幅拉升，至今累计涨幅达177%，近11个交易日收获10个涨停板。 截至今日，该股报收122.84元/股，总市值为253.2亿元。 | | | | *ST 钱昌 | | | | --- | --- | --- | --- | --- | --- | | | | | 001270 LT | | | | 122.84 | 高 | 122.84 市值 253.19亿 量比 | | | | | | ਜ਼ਿੰ | 122.84 流通 249.98亿 换 | | | 0.1 | | 5.85 5.00% | 井 | 122.84 市盈 278.93 | | 额 3244. ...

同日， *ST铖昌还发布股票严重异常波动公告称， 商业航天行业处于产业初期阶段，公司基本面未发生重大变化。 公开资料显示，*ST铖昌的 主营业务是微波毫米波相控阵T/R芯片的研发、生产、销售和技术服务。公司的主要产品是GaAs/GaN功率放大器 芯片、GaAs低噪声放大器芯片、GaAs收发前端芯片、收发多功能放大器芯片、幅相多功能芯片、模拟波束赋形芯片、数控移相器芯片、数 控衰减器芯片、功分器芯片、限幅器芯片。 值得一提的是， *ST铖昌股价自去年12月1日以来出现大幅拉升，至今累计涨幅达177%，近11个交易日收获10个涨停板。截至今日，该股报 收122.84元/股，总市值为253.2亿元。 *ST铖昌公告称，公司股票交易连续10个交易日内4次出现同向股票交易异常波动情形，属于股票交易严重异常波动的情况。为维护投资者 利益， 公司申请股票自2026年1月13日开市起停牌，待核查结束并披露相关公告后复牌，预计停牌时间不超过3个交易日。 F F F 41.86 2025-11-18 2025-12-04 2025-12-22 下载财联社APP获取更多资讯 准确 快速 权威 专业 实时盯盘 头条新闻 7x24h电 ...