Zhongke Lanxun Announces 2025 Performance: Two Investments Help Net Profit Increase by 371.91% Year-over-Year

China Science Blue Signal (688332) recently released its 2025 performance forecast, showing the company achieved an operating revenue of 1.842 billion yuan for the year, a slight increase of 1.24% compared to the same period last year. However, net profit attributable to shareholders of the parent company reached 1.416 billion yuan, a surge of 371.91% year-on-year. This significant contrast is mainly due to the company’s strategic investments in the semiconductor field yielding substantial returns, especially the fair value changes from the two companies it holds stakes in after they successfully listed on the STAR Market.

According to the announcement, China Science Blue Signal holds equity in GPU company Moore Threads and advanced packaging testing company Mu Xi Co., Ltd., through direct and indirect means. Specifically, the company directly owns 1.3404 million shares of Moore Threads and indirectly holds 670,100 shares through Beijing Qichuang Kexin Venture Capital Fund, accounting for 0.43% of its total shares after IPO; at the same time, it directly owns 850,300 shares of Mu Xi Co., Ltd., representing 0.21% of its total shares after IPO. In terms of accounting treatment, the directly held shares are classified as “financial instruments measured at fair value with changes recognized in current profit and loss,” reported under “other non-current financial assets,” while the indirect holdings are recorded as long-term equity investments.

As a leading enterprise in the wireless audio SoC chip field, China Science Blue Signal’s products cover Bluetooth headphones, speakers, and smart wearable devices. In the first three quarters of 2025, the company achieved operating revenue of 1.302 billion yuan and net profit attributable to the parent of 211 million yuan. The significant improvement in annual performance mainly depends on investment income in the fourth quarter. This performance structure of “steady core business with bright investment results” has also sparked market discussions about the company’s long-term development logic.

It is worth noting that phenomena such as boosting performance through stakes in listed companies are not isolated. The same day, Zhuoyi Information (688258) also released its performance forecast, showing a 150% year-on-year increase in net profit attributable to shareholders to 82.12 million yuan in 2025, with about 30 million yuan coming from investment gains and fair value changes of Hengkun New Materials (688727), which was listed on the STAR Market through indirect investment. This trend reflects that, against the backdrop of rapid development in the semiconductor industry, companies are increasingly using strategic investments to layout the upstream and downstream of the industry chain, becoming an important means to enhance short-term financial performance.