1. Summary of Company Operations
As of the end of 2025, the company had total assets of CNY 9,689,464,050.15 and net assets attributable to shareholders of CNY 6,259,682,361.11. In 2025, the company achieved operating revenue of CNY 6,987,612,096.68 and a net profit attributable to shareholders of CNY 347,040,640.51.
(1) R&D Situation
The company continued to invest in R&D, with 389 effective authorized invention patents, 165 utility model patents, and 199 software copyrights by the end of 2025. The company has established a continuous innovation mechanism to enhance its core technological competitiveness. In 2025, the company invested in eight major chip brands and over 60 platforms, covering communication standards including 3G/NB/CATM/CAT1/4G/5G (eMBB, mmWave, and RedCap), with some products including WIFI6-6E/WIFI7/WIFI8/BT/GNSS. The company's technology spans multiple IoT industries, achieving breakthroughs in various verticals. The company continues to research 5G new technology R17 standard modules and 5G millimeter-wave modules, as well as NTN technology-related module development, launching new 5G products covering mainstream platforms such as MTK, Qualcomm, and Unisoc. The company is also deepening its AI technology research, expanding cloud-side entry and large model capabilities, gradually forming a full-stack AI technology capability. The Fibocom AIStack technology platform has been upgraded to 2.0, covering chip platforms such as Qualcomm, Aixin, and MTK, with new adaptations for various mainstream cutting-edge models, completing iterations of model conversion tools, evaluation tools, and deployment tools to enhance usability.
(2) Marketing Situation
In 2025, the company focused on "targeting major clients, tackling large projects, expanding the ecological channel system, accelerating AI+ business incubation, increasing global investment layout, strengthening market and customer orientation, and enhancing organizational efficiency." The marketing system reform was advanced, resulting in diversified business growth. In the home broadband and fixed wireless access (FWA) sector, market demand continued to grow robustly, with the global digital home penetration deepening. The IoT sectors, including metering, payment, trackers, cloud-side AI, and emerging low-altitude tracks, performed excellently, solidifying the company's industry position. In the smart module sector, core business steadily grew while new businesses rapidly expanded. In the low-speed mobile/robotics sector, the company continued to deepen its presence in the lawnmower sub-industry, maintaining consistent shipments to leading domestic and overseas clients while expanding more lawnmower solutions. In the AI sector, the company focused on the commercialization of AI hardware solutions, launching AI companionship solutions, AI meeting solutions, and more.