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德明利(001309.SZ):預計半年度虧損8000萬元–1.2億元

格隆匯7月9日丨德明利(001309.SZ)公佈,預計半年度虧損8,000萬元–12,000萬元,扣非虧損8,450萬元–12,450萬元,營業收入380,000萬元–420,000萬元,比上年同期增長74.63%-93.01%。

1、報告期內,受存儲原廠產能調整及數據中心需求增長影響,存儲芯片市場供需結構改善,推動整體價格回升,疊加公司積極拓展企業級存儲、嵌入式存儲等業務,經營規模大幅提升。2025年第二季度,公司預計實現營業收入人民幣25.48億元至29.48億元,同比增幅超過86.67%,環比增幅超過103.51%。2、報告期內,公司業績階段性承壓主要受行業週期波動、市場需求結構性調整及階段性成本壓力影響。隨着業務規模的快速擴張,公司期間費用持續增加。其中,爲配合戰略客戶業務拓展及完善產品佈局,公司持續加大研發投入和人才儲備力度,研發費用同比大幅增加。2025年半年度研發費用約爲13,000萬元,上年同期爲8,664.06萬元,同比增幅高達50%。

3、預計2025年半年度非經常性損益約爲450萬元,上年同期爲1,767.15萬元。4、公司實施股權激勵計劃,導致報告期內發生股份支付費用約2,490.94萬元,上年同期爲2,107.62萬元。5、報告期內,公司基於研發技術創新以及對業務場景的深刻理解,形成定製化存儲解決方案與服務體系,成功從單一的產品供應向“硬件+技術+供應鏈”一體化服務升級,實現在企業級存儲、嵌入式存儲等領域的快速突破,相關業務規模實現顯著增長。今年二季度以來,隨着存儲芯片市場供需結構逐步改善,行業價格呈現企穩回升態勢,公司積極優化產品結構、強化供應鏈管理與成本控制,盈利能力持續改善。

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