理解市场 | 广和通上市首日跌幅扩大逾 8% 公司为无线通信模组领域龙头企业
Fibocom debuted today, with the stock price opening flat in the morning before fluctuating lower, expanding its decline to over 8%. As of the time of writing, it has dropped 8.65%, trading at HKD 19.64, with a transaction volume of HKD 396 million. The company is a leader in the wireless communication module sector, with operating revenue of 3.707 billion yuan in the first half of 2025, a year-on-year decrease of 9.02%. Haitong International pointed out that the company's AI edge deployment has entered the industrial implementation stage, planning to raise funds for AI modules and robotics, among other directions
According to the Zhitong Finance APP, Fibocom (00638) was listed today, opening flat before fluctuating lower, with the current decline expanding to over 8%. As of the time of writing, it has dropped 8.65%, trading at HKD 19.64, with a transaction volume of HKD 396 million.
Public information shows that Fibocom is a leading enterprise in the wireless communication module field in the A-share market. Fibocom's module products and solutions cover a wide range of application scenarios, mainly including automotive electronics, smart homes, consumer electronics, and smart retail. In the first half of 2025, the company achieved operating revenue of 3.707 billion yuan, a year-on-year decrease of 9.02%, with a net profit attributable to the parent company of 218 million yuan, a year-on-year decrease of 34.66%, and a net profit attributable to the parent company after deducting non-recurring gains and losses of 202 million yuan, a year-on-year decrease of 36.06%. Excluding the impact of Ruijun's wireless vehicle-mounted pre-installation business, the company's operating revenue increased by 23.49% year-on-year, and the net profit attributable to the parent company increased by 6.54% year-on-year.
Haitong International previously pointed out that the company's AI edge layout has entered the stage of industrial implementation. The company has independently developed and released the Fibocom AIStack technology platform, which supports efficient inference of mainstream models on different chip platforms, and has launched a variety of solutions including cameras, toys, trackers, and MiFi. At the same time, the lawnmower robot solution has achieved mass production and shipment, and the newly launched RTK visual fusion positioning solution has reached cooperation with leading manufacturers in the multi-legged robot field. This year, the company plans to go public in Hong Kong, and the funds raised will continue to be invested in AI modules and robotics, further accelerating industrial layout
