Performance Highlights - New Yi Sheng (300502.SZ) expects net profit between 9.4 billion and 9.9 billion CNY, a year-on-year increase of 231.24% to 248.86% due to rising demand for high-speed optical modules driven by global computing power investments[4] - Han's Chip (688256.SH) anticipates net profit between 1.85 billion and 2.15 billion CNY, turning from a loss of 450 million CNY last year, benefiting from the growing demand for AI computing power[5] - Zhongji Xuchuang (300308.SZ) projects net profit between 9.8 billion and 11.8 billion CNY, a year-on-year growth of 89.50% to 128.17%, driven by strong customer investment in computing infrastructure[6] - Runze Technology (300442.SZ) expects net profit between 5 billion and 5.3 billion CNY, a year-on-year increase of 179.28% to 196.03%, largely due to non-recurring gains from public REITs issuance[10] Underperformance Highlights - Great Wall Motors (601633.SH) forecasts net profit of 9.912 billion CNY, a year-on-year decline of 21.71% due to increased marketing expenses and competitive pressures[36] - GAC Group (601238.SH) expects a net loss between 8 billion and 9 billion CNY, turning from a profit of 824 million CNY last year, impacted by fierce competition and increased asset impairment provisions[39] - Xiexin Integrated (002506.SZ) anticipates a net loss between 890 million and 1.29 billion CNY, shifting from a profit of 68 million CNY last year due to structural supply-demand issues in the photovoltaic industry[41] - Baile Tianheng (688506.SH) projects a net loss of around 1.1 billion CNY, down from a profit of 3.708 billion CNY last year, primarily due to increased R&D expenses[42] Industry Trends - Technology-driven sectors like AI and innovative pharmaceuticals are leading growth, with companies like New Yi Sheng and Han's Chip benefiting from strong demand and technological advancements[69] - Cost control is becoming a critical competitive advantage, particularly in the energy and manufacturing sectors, as seen with companies like Datang Power (601991.SH) benefiting from lower coal prices[70] - Traditional cyclical industries such as real estate and agriculture are facing significant downward pressure, with companies like Vanke (000002.SZ) and Tianbang Foods (002124.SZ) experiencing substantial losses due to market adjustments[72]

Core Viewpoint - The article highlights the performance forecast of various A-share listed companies, indicating a significant divergence in earnings growth across different sectors, driven by technological advancements, cost control, and industry cycles [4][62]. Group 1: Companies with Strong Earnings Growth - **New Yisheng (300502.SZ)**: Expected net profit of 9.4 billion to 9.9 billion, a year-on-year increase of 231.24% to 248.86%, driven by rising demand for high-speed optical modules due to global computing power investments [6]. - **Han's Laser (688256.SH)**: Expected net profit of 1.85 billion to 2.15 billion, turning from a loss of 0.452 billion in the previous year, benefiting from the increasing demand for AI computing power [8]. - **Zhongji Xuchuang (300308.SZ)**: Expected net profit of 9.8 billion to 11.8 billion, a year-on-year increase of 89.50% to 128.17%, supported by strong investment in computing infrastructure [10]. - **Runze Technology (300442.SZ)**: Expected net profit of 5 billion to 5.3 billion, a year-on-year increase of 179.28% to 196.03%, primarily due to non-recurring gains from public REITs issuance [12]. - **CITIC Securities (601995.SH)**: Expected net profit of 8.542 billion to 10.535 billion, a year-on-year increase of 50% to 85%, driven by steady growth in core business segments [15]. Group 2: Companies with Earnings Below Expectations - **Great Wall Motors (601633.SH)**: Expected net profit of 9.912 billion, a year-on-year decrease of 21.71%, impacted by increased marketing expenses and intense competition [34]. - **GAC Group (601238.SH)**: Expected net profit of -8 billion to -9 billion, turning from a profit of 0.824 billion in the previous year, due to fierce competition and adjustments in product structure [36]. - **GCL-Poly Energy (002506.SZ)**: Expected net profit of -0.89 billion to -1.29 billion, turning from a profit of 0.068 billion, affected by structural supply-demand issues in the photovoltaic industry [38]. - **Boli Tianheng (688506.SH)**: Expected net profit of -1.1 billion, turning from a profit of 3.708 billion, due to increased R&D expenses [39]. - **Daiyue City (000031.SZ)**: Expected net profit of -2.7 billion to -2.1 billion, continuing losses from the previous year, influenced by asset impairment provisions [42]. Group 3: Industry Trends - **Technological Breakthroughs**: Industries driven by technology, such as AI and innovative pharmaceuticals, are showing strong growth, with companies like New Yisheng and Rongchang Bio leading the way [62][63]. - **Cost Control**: The energy and manufacturing sectors are experiencing a clear divide, with companies like Datang Power benefiting from lower coal prices and effective cost management [64]. - **Downward Pressure from Industry Cycles**: The real estate, agriculture, and photovoltaic sectors are under significant pressure, with companies like Vanke and Tianbang Food facing substantial earnings declines [65][66].

Core Viewpoint - The recent performance reports from nine display-related companies indicate a mixed outlook, with some companies showing signs of recovery while others continue to face significant losses. Group 1: Company Performance - Shanshan Co., Ltd. expects a net profit of 400 million to 600 million yuan for 2025, marking a turnaround from losses in the previous year, driven by strong sales in its core anode materials and polarizer businesses [3][4]. - Longteng Optoelectronics anticipates a net loss of 193 million to 225 million yuan for 2025, citing a challenging market environment and increased competition in the small-sized display sector [5]. - Hehui Optoelectronics reported a total revenue of 550.07 million yuan for 2025, a 10.94% increase year-on-year, but still expects a net loss of 1.97 billion yuan, although this represents an improvement from the previous year's loss [6][8]. - AOC Technology forecasts a net loss of 630 million to 820 million yuan for 2025, with operational costs rising due to intensified competition and changes in the international trade environment [9][11]. - Weida Optoelectronics projects a net loss of 16 million to 20 million yuan for 2025, impacted by increased market competition and rising fixed costs from new production lines [12][13]. - Hanbo High-tech expects a net loss of 55 million to 90 million yuan for 2025, with increased manufacturing costs and depreciation affecting profitability [15][16]. - Jingce Electronics anticipates a net profit of 80 million to 90 million yuan for 2025, recovering from a loss of approximately 97.6 million yuan in the previous year, driven by growth in its semiconductor and display testing businesses [17][19]. - Chengzhi Co. predicts a net loss of 50 million to 100 million yuan for 2025, with a significant decline in profitability due to weak demand in the chemical sector [20][22]. - Honghe Technology expects a net profit of 50.5 million to 60.5 million yuan for 2025, but this represents a decline of 72.74% to 77.24% compared to the previous year, attributed to market fluctuations and increased costs [23][24].

杉杉股份公告， 预计2025年度实现归属于上市公司股东的净利润4亿元至6亿元，与上年同期相比，将实现扭亏为盈。预计2025年度实现归 属于上市公司股东的扣除非经常性损益后的净利润3亿元至4.5亿元。 公司偏光片业务稳居市场领先地位， 以产品高端化、 运营精细化驱动实现规模与盈利能力双提升。 公司聚焦超大尺寸 LCD TV、 OLED TV 等高附加值领域优化产品结构， 推动高端产品销量及均价显著增长， 同时推进深化供应链协同、 精益生产工艺、 强化成本管控等举措。 降 本增效与产品结构升级形成合力带动毛利率提升， 叠加销量稳步增长， 推动偏光片业务本期盈利同比较大幅增长。 此外， 母公司三项费用、 长期股权投资权益法核算的参股企业亏损、 相关资产计提减值准备等预计合计影响本期损益-5.5 亿元至-4.5 亿 元， 较上年同期均有所收窄。 往 期 回 顾 | 01 | ｜ | 电解液"老三"开启港股IPO！ | | --- | --- | --- | | 02 | ｜ | 恩捷股份与国轩高科签署战略合作协议 | | 03 | ｜ | 璞泰来新型硅碳负极已在消费电池领域批量出货 | | 04 | ｜ 举办！ | ...

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、准确性和完整性承担法律责任。 重要内容提示： ● 业绩预告的具体适用情形：净利润实现扭亏为盈。 ● 经宁波杉杉股份有限公司（下称"公司"）财务部门初步测算，预计2025年度实现归属于上市公司股东 的净利润4.0亿元至6.0亿元，与上年同期（法定披露数据）相比，将实现扭亏为盈。预计2025年度实现 归属于上市公司股东的扣除非经常性损益后的净利润3.0亿元至4.5亿元。 证券代码：600884 证券简称：杉杉股份 公告编号：2026-003 宁波杉杉股份有限公司 2025年年度业绩预盈公告 2025年1月1日至2025年12月31日。 （二）业绩预告情况 经公司财务部门初步测算，预计2025年度实现归属于上市公司股东的净利润4.0亿元至6.0亿元，与上年 同期（法定披露数据）相比，将实现扭亏为盈。预计2025年度实现归属于上市公司股东的扣除非经常性 损益后的净利润3.0亿元至4.5亿元。 本次业绩预告未经注册会计师审计。 二、上年同期经营业绩和财务状况 ● 本年度业绩实现扭亏为盈主要得益于公司核心业务负极材料和偏 ...

Group 1 - The company expects to achieve a net profit attributable to shareholders of 400 million to 600 million yuan for the year 2025, marking a turnaround from losses in the previous year [1] - The net profit after deducting non-recurring gains and losses is projected to be between 300 million and 450 million yuan for 2025 [1] Group 2 - The company's core businesses, including anode materials and polarizers, are expected to maintain steady growth in sales, with a combined net profit forecasted to be between 900 million and 1.1 billion yuan [2] - The anode materials business benefits from strong demand in the downstream electric vehicle and energy storage markets, leading to significant sales growth and further consolidation of its industry-leading position [2] - The company is optimizing production processes and enhancing cost management, resulting in a notable increase in profitability for the anode materials segment [2] - The polarizer business remains a market leader, driven by high-end product offerings and refined operations, leading to improvements in both scale and profitability [2] - The company is focusing on high-value areas such as large-size LCD TVs and OLED TVs, which has resulted in significant growth in sales and average prices for high-end products [2] - The impact of certain expenses and losses from equity method investments is expected to range from a negative 550 million to 450 million yuan, which is an improvement compared to the previous year [2]

业绩预告的具体适用情形：净利润实现扭亏为盈。 经宁波杉杉股份有限公司（下称"公司"）财务部门初步测算，预计 2025 年度实现归属于上市公司股东的净利润 4.0 亿元至 6.0 亿元，与上年同期（法定 披露数据）相比，将实现扭亏为盈。预计 2025 年度实现归属于上市公司股东的 扣除非经常性损益后的净利润 3.0 亿元至 4.5 亿元。 本年度业绩实现扭亏为盈主要得益于公司核心业务负极材料和偏光片业 务销量保持稳健增长，盈利同比显著提升，预计两大业务合计实现净利润 9.0 亿元至 11.0 亿元；与此同时，母公司三项费用、长期股权投资权益法核算的参 股企业亏损、相关资产计提减值准备等较上年同期均有所收窄。 一、本期业绩预告情况 证券代码：600884 证券简称：杉杉股份 公告编号：2026-003 宁波杉杉股份有限公司 2025 年年度业绩预盈公告 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、准确性和完整性承担法律责任。 重要内容提示： 本次业绩预告未经注册会计师审计。 （一）业绩预告期间 2025 年 1 月 1 日至 2025 年 12 月 31 ...

登录新浪财经APP 搜索【信披】查看更多考评等级 证券代码：600884 证券简称：杉杉股份（维权） 公告编号：2026-002 宁波杉杉股份有限公司 关于已回购股份集中竞价减持计划的公告 本公司董事会、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、准确性和完整性承担法律责任。 重要内容提示： 经公司第十一届董事会第二十二次会议审议通过，公司计划自2026年2月26日至2026年5月25日期间，通 过集中竞价交易方式减持前期已回购股份不超过22,494,128股（即不超过公司总股本的1%），减持价格 按照市场价格确定。减持期间公司若有送股、资本公积金转增股本、股份回购注销等导致公司股本数量 变动的情形，减持数量将相应调整。减持股份所得资金将用于补充公司日常经营所需流动资金。 2026年1月27日，公司第十一届董事会第二十二次会议审议通过了《关于已回购股份集中竞价减持计划 的议案》，同意公司根据《上市公司股份回购规则》《上海证券交易所上市公司自律监管指引第7号一 一回购股份》等相关规定以及公司前期披露的回购股份方案约定，采用集中竞价交易方式减持公司已回 购的股份。本次减 ...

（记者 王瀚黎） 每经AI快讯，杉杉股份1月27日晚间发布公告称，经公司第十一届董事会第二十二次会议审议通过，公 司计划自2026年2月26日至2026年5月25日期间，通过集中竞价交易方式减持前期已回购股份不超过约 2249万股，减持价格按照市场价格确定。减持期间公司若有送股、资本公积金转增股本、股份回购注销 等导致公司股本数量变动的情形，减持数量将相应调整。减持股份所得资金将用于补充公司日常经营所 需流动资金。 每经头条（nbdtoutiao）——国际金价冲破5000美元！7年涨了280%，什么时候才见顶？专家：关键还 看美元，重点关注国际货币体系、降息和科技革命 ...

减持计划的主要内容 经公司第十一届董事会第二十二次会议审议通过，公司计划自 2026 年 2 月 26 日至 2026 年 5 月 25 日期间，通过集中竞价交易方式减持前期已回购股份不 超过 22,494,128 股（即不超过公司总股本的 1%），减持价格按照市场价格确定。 减持期间公司若有送股、资本公积金转增股本、股份回购注销等导致公司股本数 量变动的情形，减持数量将相应调整。减持股份所得资金将用于补充公司日常经 营所需流动资金。 证券代码：600884 证券简称：杉杉股份 公告编号：2026-002 宁波杉杉股份有限公司 关于已回购股份集中竞价减持计划的公告 本公司董事会、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、准确性和完整性承担法律责任。 重要内容提示： 回购股份的基本情况 为维护公司价值及股东权益，宁波杉杉股份有限公司（下称"公司"）分别 于 2024 年 2 月至 2024 年 4 月、2024 年 6 月至 2024 年 8 月期间，通过集中竞价 交易方式回购公司股份合计 53,483,803 股，占公司当前总股本的 2.38%。根据 公司前期披露 ...