证券代码：688768 证券简称：容知日新 公告编号：2026-001 安徽容知日新科技股份有限公司 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，具体数据以安徽容知日新 科技股份有限公司（以下简称"公司"）2025年年度报告为准，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 ■ 2.以上数据及指标以合并报表数据填制，未经审计，最终以公司2025年年度报告中披露的数据为准。 二、经营业绩和财务状况情况说明 （一）报告期的经营情况、财务状况及影响经营业绩的主要因素。 注：1.本报告期初数同法定披露的上年年末数。 特此公告。 安徽容知日新科技股份有限公司 2026年2月28日 董事会 报告期内，公司实现营业总收入64,559.80万元，同比增长10.60%；实现归属于母公司所有者的净利润 8,390.87万元，同比下降21.96%；实现归属于母公司所有者的扣除非经常性损益的净利润8,166.36 ...

容知日新(688768.SH)发布2025年度业绩快报，报告期内，公司实现营业总收入64,559.80万元，同比增 长10.60%;实现归属于母公司所有者的净利润8,390.87万元，同比下降21.96%。 报告期内，公司营业利润同比下降32.70%，公司利润总额同比下降33.91%。上述指标变动主要系：公 司处于AI能力体系重构与产业升级窗口期，主动实施前瞻性战略投入所致。公司聚焦"AI+工业服务"核 心赛道，持续推进算法模型能力升级、行业数据体系构建与场景化解决方案深化，加快打通全链路AI 生态体系，推动业务由单点应用向平台化能力升级。报告期内，公司在核心技术研发、平台架构优化、 高端人才引进及市场体系建设方面投入显著增加，在短期内对利润形成阶段性影响，但将进一步夯实公 司在工业智能化领域的技术壁垒与生态协同能力，提升公司在"AI+工业服务"领域的长期战略价值与成 长空间，为可持续高质量增长提供坚实支撑。 ...

智通财经APP讯，容知日新(688768.SH)发布2025年度业绩快报，报告期内，公司实现营业总收入 64,559.80万元，同比增长10.60%;实现归属于母公司所有者的净利润8,390.87万元，同比下降21.96%。 报告期内，公司营业利润同比下降32.70%，公司利润总额同比下降33.91%。上述指标变动主要系：公 司处于AI能力体系重构与产业升级窗口期，主动实施前瞻性战略投入所致。公司聚焦"AI+工业服务"核 心赛道，持续推进算法模型能力升级、行业数据体系构建与场景化解决方案深化，加快打通全链路AI 生态体系，推动业务由单点应用向平台化能力升级。报告期内，公司在核心技术研发、平台架构优化、 高端人才引进及市场体系建设方面投入显著增加，在短期内对利润形成阶段性影响，但将进一步夯实公 司在工业智能化领域的技术壁垒与生态协同能力，提升公司在"AI+工业服务"领域的长期战略价值与成 长空间，为可持续高质量增长提供坚实支撑。 ...

报告期内，影响经营业绩的主要因素：（1）公司围绕"数据—算法—场景—服务"能力闭环，持续推动 解决方案在不同工业场景中的深化落地与规模化复制，在电力、石化、煤炭等重点行业实现多点突破与 纵深拓展，带动整体营业收入稳步增长。（2）公司持续加大核心技术研发与市场体系建设投入，强化 行业解决方案竞争力，巩固并提升公司在细分领域的领先优势，在短期内对利润形成阶段性影响。 格隆汇2月27日丨容知日新(688768.SH)公布2025年年度业绩快报，报告期内，公司实现营业总收入 64,559.80万元，同比增长10.60%；实现归属于母公司所有者的净利润8,390.87万元，同比下降21.96%； 实现归属于母公司所有者的扣除非经常性损益的净利润8,166.36万元，同比下降21.93%；基本每股收益 为0.96元，同比下降26.72%； ...

证券日报网讯 2月27日，容知日新发布2025年度业绩快报公告称，公司2025年度实现营业总收入64559.8 万元，同比增长10.60%；实现归属于母公司所有者的净利润8390.87万元，同比下降21.96%。 （文章来源：证券日报） ...

证券代码：688768 证券简称：容知日新 公告编号：2026-001 2.以上数据及指标以合并报表数据填制，未经审计，最终以公司 2025 年年度报告中披 安徽容知日新科技股份有限公司 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，具体数据以安徽容知日新科技股份有限公司（以下简称"公司"）2025年年度 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 | 项目 | 本报告期 | 上年同期 | 增减变动幅度（％） | | --- | --- | --- | --- | | 营业总收入 | 64,559.80 | 58,373.12 | 10.60 | | 营业利润 | 7,213.90 | 10,718.84 | -32.70 | | 利润总额 | 7,228.56 | 10,937.66 | -33.91 | | 归属于母公司所有者的净利润 | 8,390.87 | 10,7 ...

容知日新公告称，2025年度营业总收入64,559.80万元，同比增长10.60%；归属于母公司所有者的净利 润8,390.87万元，同比下降21.96%。报告期末总资产144,891.55万元，较期初增长15.36%；归属于母公 司的所有者权益110,374.81万元，较期初增长5.16%。营业利润和利润总额同比分别下降32.70%、 33.91%，主要因公司处于AI能力体系重构与产业升级窗口期，主动实施前瞻性战略投入，短期内影响 利润，但将提升长期价值。 ...

Group 1: Macroeconomic Insights - The report discusses the transition of the US economy from a "K-shaped divergence" to a "re-inflation" phase, indicating that the lower end of the K-shaped economy is beginning to converge with the upper end, supported by refinancing loans from the high-net-worth group [1][2][16] - It highlights the self-reinforcing mechanism of inflation expectations, where demand-driven inflation can lower real interest rates and compress credit spreads, leading to a unique situation where actual mortgage rates are at a three-year low despite rising long-term US Treasury yields [2][16] - The report notes a shift in global liquidity from easing expectations to tightening, with Bitcoin serving as a barometer for this transition, suggesting a non-typical re-inflation trade influenced by a combination of interest rate cuts and balance sheet reductions [3][16] Group 2: Industry Analysis - Perpetual Bonds - The issuance of perpetual bonds is primarily aimed at reducing corporate leverage, with significant peaks in issuance observed during 2018-2020 and ongoing demand from high-leverage state-owned enterprises since 2023, with annual net financing expected to be between 200-300 billion yuan [5][31] - The report outlines the evolution of issuance terms, noting an increase in the proportion of 5+N terms in recent years, indicating a trend towards longer maturities as credit spreads narrow [6][32] - It discusses the characteristics of perpetual bonds, emphasizing the balance between debt-like and equity-like features, with over 60% of recent issuances containing subordinate clauses to meet accounting standards [7][34] Group 3: Company Coverage - Rongzhi Rixin - The report initiates coverage on Rongzhi Rixin, projecting significant revenue growth driven by AI models and smart devices, with expected revenues of 687 million, 839 million, and 1,047 million yuan for 2025-2027, respectively [9][29] - It highlights the company's comprehensive technology system that enhances diagnostic efficiency by 3-5 times, supported by a substantial database of over 187,000 monitoring devices and 33,000+ failure cases, establishing a strong competitive moat [11][30] - The company is positioned in a high-growth sector, with a focus on industrial equipment maintenance across various industries, and has shown remarkable profit growth, with a 2063.42% increase in net profit year-on-year for the first half of 2025 [12][30]

Core Viewpoint - The recent stock price movement of Rongzhi Rixin (688768.SH) is influenced by multiple factors including strong earnings performance, favorable industry policies, increased capital inflow, technical breakthroughs, and market style shifts [1][6]. Group 1: Performance and Financials - The company released an earnings forecast on October 16, 2025, estimating a net profit attributable to shareholders of 26.4 million to 27.4 million yuan for the first three quarters of 2025, showing significant year-on-year growth [2]. - The actual Q3 report revealed revenue of 390 million yuan, a year-on-year increase of 13.86%, and a net profit of 26.8952 million yuan, reflecting a remarkable year-on-year growth of 889.54% [2]. - The cash content of net profit reached 153.78%, indicating a significant improvement in profit quality, which boosted investor confidence and drove the stock price upward [2]. Group 2: Industry Policies and Environment - In January 2026, the Ministry of Industry and Information Technology and other departments released policies to support the large-scale application of predictive maintenance technology in industrial scenarios [3]. - As a leading player in industrial equipment intelligent operation and maintenance with an estimated market share of 8.1% in 2023, the company's comprehensive technology capabilities align well with these policy directions, leading to expectations of continued benefits from industry expansion [3]. Group 3: Capital and Technical Aspects - On February 12, the company's stock price rose by 4.50%, with a net inflow of 14.2656 million yuan from major funds, indicating active institutional participation [4]. - The stock price reached a high of 67.66 yuan, breaking through recent volatility ranges, with a turnover rate of 1.72% and a volume ratio of 1.02, suggesting a strong breakout [4]. - Year-to-date, the stock has increased by 54.97%, with a 52.16% rise over the past 60 days, indicating strong short-term momentum [4]. Group 4: Strategic Initiatives - The company is advancing its "partner strategy + service strategy + globalization" transformation, with a 44.76% year-on-year increase in distribution revenue for 2024 and rapid growth in service orders [5]. - Overseas business operations have been established through subsidiaries in Singapore and the United States, contributing to growth [5]. - The company has maintained a research and development investment ratio exceeding 20% for five consecutive years, with 23.5% in the first half of 2025, further solidifying its leading position through technological barriers and data accumulation [5]. Group 5: Market Environment - Since February, the overall A-share market has seen reduced trading volume, with daily average trading below 20 trillion yuan, as funds shift from high-performing AI and media sectors to segments with stronger earnings certainty [6]. - The machinery equipment sector, to which the company belongs, saw a 1.45% increase, benefiting from capital inflows into small and medium-sized growth stocks [6].

Macroeconomic Insights - January non-farm employment data exceeded expectations with an increase of 130,000 jobs, significantly higher than the anticipated 65,000[2] - The unemployment rate unexpectedly dropped to 4.3%, despite a rise in labor participation rate[2] - The Federal Reserve may pause interest rate cuts until June, with market expectations for a rate cut probability of less than 6% in March[3] Inflation and Economic Trends - The U.S. economy is transitioning from a "K-shaped" recovery to a "re-inflation" phase, with high-net-worth individuals stabilizing the economy through refinancing[6] - Inflation expectations are self-reinforcing, with actual mortgage rates at a three-year low, contributing to a recovery in the housing sector[8] - The housing affordability index remains above 100, indicating that median-income households can still afford homes despite high prices[21] Industry-Specific Developments - The traditional electronic fabric market is experiencing accelerated price increases due to supply shortages, with prices rising by 0.5-0.6 RMB/m[43] - The AI electronic fabric sector is expected to see significant growth in 2026, driven by demand from AI chips and consumer electronics[46] - The coal industry is projected to benefit from a resurgence in coal power in the U.S., with companies like Peabody Energy and China Shenhua expected to gain[51]