Core Viewpoint - Zhongke Xingtou Co., Ltd. anticipates a revenue of 2.5 billion to 2.75 billion yuan and a net profit of 30 million to 45 million yuan for 2025, influenced by strategic transformation and increased R&D investment [1] Group 1: Business Performance and Strategy - The company is undergoing a strategic transformation, with traditional business growth slowing due to market demand and technological evolution [1] - The geographic information sector remains the main revenue contributor, while new business segments, commercial aerospace and low-altitude economy, are expected to show significant growth in 2025 [2] - The company aims to establish a comprehensive low-altitude economy infrastructure, enhancing flight management services and expanding application scenarios [2][5] Group 2: New Business Developments - In 2025, Zhongke Xingtou achieved a breakthrough in its low-altitude economy segment, marking a transition from "point exploration" to "system construction" [3] - The company has secured multiple benchmark projects, including a 295 million yuan low-altitude project, which addresses industry challenges and promotes commercial operation [3] - The commercial aerospace sector is expanding its full industry chain, with a focus on satellite operation and core component manufacturing [4] Group 3: Business Model Transformation - Zhongke Xingtou is transitioning its business model from traditional project-based operations to subscription services and standardized product sales [7] - The company is leveraging its core geographic information business while developing commercial aerospace and low-altitude economy as new growth engines [5][8] - The strategic focus on "one body and two wings" aims to stabilize the core business while investing in emerging sectors to capture future market opportunities [6][8]

Group 1 - The core viewpoint of the article is that Zhongke Xingtou (688568.SH) has announced its 2025 annual performance forecast, expecting a significant decline in net profit compared to the previous year [1] Group 2 - The company anticipates a net profit attributable to the owners of the parent company to be between 30 million to 45 million yuan for 2025 [1] - This represents a decrease of 306.6985 million to 321.6985 million yuan compared to the same period last year [1] - The year-on-year decline in net profit is projected to be between 87.20% to 91.47% [1]

维天信于近日收到全国中小企业股份转让系统有限责任公司出具的《关于同 意中科星图维天信科技股份有限公司股票终止在全国中小企业股份转让系统挂 牌的函》（股转函〔2026〕187 号），根据《全国中小企业股份转让系统挂牌公 司股票终止挂牌实施细则》的规定，同意维天信股票（证券简称：维天信，证券 代码：874126）自 2026 年 1 月 26 日起终止在全国中小企业股份转让系统挂牌。 维天信将根据中国证券登记结算有限责任公司北京分公司的相关规定及时办理 股票退出登记手续。 维天信股票在全国中小企业股份转让系统终止挂牌事项不会对公司及维天 证券代码：688568 证券简称：中科星图 公告编号：2026-005 中科星图股份有限公司 关于控股子公司中科星图维天信科技股份有限公司 在全国中小企业股份转让系统终止挂牌的公告 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。 中科星图股份有限公司（以下简称"公司"）控股子公司中科星图维天信科 技股份有限公司（证券简称：维天信，证券代码：874126）分别于 2025 年 12 月 23 日 ...

Group 1 - The digital economy sector increased by 1.21% compared to the previous trading day, with Zhongke Xingtou leading the gains [1] - The Shanghai Composite Index closed at 4136.16, up 0.33%, while the Shenzhen Component Index closed at 14439.66, up 0.79% [1] - The net outflow of main funds in the digital economy sector was 3.457 billion yuan, while retail investors saw a net inflow of 3.723 billion yuan [1] Group 2 - The data regarding the fund flow in the digital economy sector indicates a mixed sentiment, with institutional investors withdrawing funds while retail investors increased their investments [1] - The overall performance of the digital economy stocks reflects a positive trend despite the net outflow from major funds [1]

Core Viewpoint - The company, Zhongke Xingtou (688568.SH), is expected to experience a significant decline in revenue and net profit for the year 2025, indicating challenges in its traditional business while transitioning to new strategic industries [1] Financial Projections - The company anticipates its annual revenue for 2025 to be between 250 million to 275 million yuan, representing a year-on-year decrease of 15.58% to 23.25% [1] - The expected net profit attributable to the parent company for 2025 is projected to be between 30 million to 45 million yuan, reflecting a substantial decline of 87.20% to 91.47% year-on-year [1] - The net profit attributable to the parent company after deducting non-recurring gains and losses is forecasted to be between -150 million to -125 million yuan, indicating a drastic decrease of 152.18% to 162.62% year-on-year [1] Business Transition - The company is currently undergoing a critical phase of strategic transformation and transition between old and new business drivers, with traditional business facing slow market demand and technological evolution [1] - The pace of market expansion has significantly slowed, leading to revenue growth falling short of expectations [1] - Despite current challenges, the company is optimistic about gradually reversing its business development trend through growth in strategic emerging industries such as commercial aerospace and low-altitude economy [1]

Revenue Projections - The company expects 2025 annual revenue to be between CNY 250 million and CNY 275 million, a decrease of CNY 50.74 million to CNY 75.74 million compared to the previous year, representing a year-on-year decline of 15.58% to 23.25%[3]. - The previous year's revenue was CNY 325.74 million, with a net profit of CNY 351.70 million attributable to shareholders[6]. Profit Projections - The projected net profit attributable to shareholders for 2025 is expected to be between CNY 30 million and CNY 45 million, a decrease of CNY 30.67 million to CNY 32.17 million compared to the previous year, indicating a year-on-year decline of 87.20% to 91.47%[3]. - The company anticipates a net profit attributable to shareholders after deducting non-recurring gains and losses to be between -CNY 150 million and -CNY 125 million, a decrease of CNY 36.45 million to CNY 38.95 million compared to the previous year, reflecting a year-on-year decline of 152.18% to 162.62%[3]. Cash Flow - The expected net cash flow from operating activities for 2025 is projected to be between CNY 140 million and CNY 170 million, an increase of CNY 22.12 million to CNY 25.12 million compared to the previous year[4]. - The company has improved cash flow management, leading to a significant increase in net cash flow from operating activities[8]. Strategic Transformation - The company is undergoing a strategic transformation, impacting revenue growth due to a slowdown in market expansion and traditional business demand[7]. - Increased R&D investment in strategic emerging industries has affected the current net profit[7]. - Overall expenses have increased significantly year-on-year due to support for strategic transformation and business expansion, impacting net profit[7]. Financial Data - The financial data in the earnings forecast is preliminary and has not been audited by a registered accountant[9].

每经AI快讯，1月23日，中科星图(688568.SH)公告称，预计2025年归属于上市公司股东的净利润为 3,000.00万元到4,500.00万元，比上年同期减少87.20%到91.47%。业绩变动原因：公司处于战略转型关 键期，传统业务拓展放缓，同时加大商业航天、低空经济等新兴领域研发投入及期间费用投入，资产减 值增加，影响当期利润。 ...

中科星图公告称，其控股子公司维天信（证券代码：874126）分别于2025年12月23日、2026年1月8日通 过拟申请终止新三板挂牌的相关议案。近日，维天信收到股转公司同意函，其股票自2026年1月26日起 终止挂牌，将及时办理股票退出登记手续。该事项不会对公司及维天信的正常经营产生重大影响，无损 害股东和公司利益情形。 ...

Market Performance - The IT services sector increased by 2.53% on January 23, with Zhongke Xingtou leading the gains [1] - The Shanghai Composite Index closed at 4136.16, up 0.33%, while the Shenzhen Component Index closed at 14439.66, up 0.79% [1] Top Gainers in IT Services - Zhongke Xingtou (688568) closed at 86.66, up 16.04% with a trading volume of 596,600 shares [1] - Jingtou Measurement and Control (920116) closed at 129.26, up 14.66% with a trading volume of 124,300 shares [1] - Hailiang Data (603138) closed at 17.94, up 9.99% with a trading volume of 312,600 shares [1] - Other notable gainers include Huashi Technology (301218) up 9.55% and Meideng Technology (920227) up 9.43% [1] Market Capital Flow - The IT services sector saw a net inflow of 1.22 billion yuan from institutional investors, while retail investors experienced a net outflow of 595 million yuan [2] - The overall market showed a mixed trend with significant inflows into certain stocks while others faced outflows [2] Individual Stock Performance - Han De Information (300170) had a net inflow of 505 million yuan from institutional investors, but faced a net outflow of 472 million yuan from retail investors [3] - Zhongke Xingtou (688568) also saw a net inflow of 449 million yuan from institutional investors, with significant outflows from retail investors [3] - Other stocks like Softcom Power (301236) and Huasheng Tiancai (600410) reported substantial net inflows from institutional investors [3]

Group 1 - The Shanghai Composite Index closed at 4136.16 points, above the five-day moving average, with a gain of 0.33% [1] - The total trading volume of A-shares reached 31,181.08 billion yuan [1] - A total of 1,091 A-shares have prices that surpassed the five-day moving average, with notable stocks including Dongfang Risheng, Jinko Solar, and Xinke Mobile, showing divergence rates of 16.59%, 15.85%, and 15.78% respectively [1] Group 2 - The top stocks with significant divergence rates from the five-day moving average include: - Dongfang Risheng (300118) with a price increase of 20.00% and a divergence rate of 16.59% [1] - Jinko Solar (688223) also increased by 20.00% with a divergence rate of 15.85% [1] - Xinke Mobile (688387) rose by 18.41% with a divergence rate of 15.78% [1] - Other notable stocks with divergence rates include: - Jiejia Weichuang (300724) at 20.00% increase and 15.34% divergence [1] - Ruichuang Micro (688002) with a 20.00% increase and 14.83% divergence [1]