声通科技2025 年度报告
聲通科技股份有限公司Voicecomm Technology Co., Ltd. （於中華人民共和國註冊成立的股份有限公司）股份代號:2495 257931416383919293969799 2026422 1.00H20251 131.0V2X99.0%1.0%% * ****20251 13 20258 2820258 28 ** 4.1F11 4 202511 21202511 21 5聲通科技股份有限公司 15434301-10 24840 www.voicecomm.cn 108 H 183171712-1716 1882602 2495 ** 4.1F11 4 **20261304.1F11 6 (1)(i)(ii)(iii)(iv)(v)(vi) (1) AI 202520249,00024%20251.220256,000(Agent) (LLM)LLM ++ 1. • • 2. + •(RAG)• 3. (Multi-Agent) AI A. 202512 31130(Agent) + •WordPDF Excel•• B. ••(V2X)•• 9615666045660144,00020259 20261 C. D. E. 202613AI+ (i)AI(ii)(iii)(iv)AI (v)AIAI (vi) 15 F. 20251 22 2024TOP100 20252 22AI AIAI 20254 20256 27AI 2025TOP50 20257 28 (WAIC)AI 20258 6 2025AI 20259 3 ++2025AI 20259 9 202510 202512 4 (UOWD) 20261 8 20261 12AI+ 3 20261 13 20261 13 AIAscend Native 20262 28 2025 • •C•• 202512312024 20241231941.420251,006.97.0% (1) (i)(ii) 20241231388.52025403.83.9% 20241231198.72025242.221.9% 20241231172.22025168.02.4% 20241231100.72025103.02.3% 2024123172.3202583.315.2% (i)(ii)(iii)(iv)(v)(vi)(vii) 551.28.0%202412 3154.2%0.5202554.7% 2024123110.9202513.511.5 20241231133.72025224.3 2024123121.6202520.6 2024123177.3202566.72024 20241231121.32025113.8 2024123118.2202526.1 20241231632.82025 202412314.0202519.2 202412 312.520257.4 20241231481.52025140.2 212.5 540.5498.9 249.1 2024123195.183.7%202512 3115.5 20251231 202512 31934.9500.8202512 3180.4%1.1%7.0%20251231 202512 31100%42.2% 202512 31 202512312025820 2025123196,604,00020241231 13.2013.2113.22 202511320252 13 492005122017620201220216202352005122024112025420256502025125020261MBA20169201810+ 20 20021200511 20053 51201210201542017120235 (i)1998920029600446(ii)20031120058(iii)20051020129 19977 502018520235 199992006520051020161 1999720083 492019420235 200222017120171 20007 432021520235 (TMT)201642019420191120239TMT(i)(ii)(iii)(iv)5G202392023122013820159 20057200611 362021520235 20151020167201722018920181220201020201020231020259 2013520153 772020420235 1990420041220041220135600104603006002516(i)2020320233873842(ii)2020 1220228603488 2007320098 198161997719994 200242008830 472021620235 20019201062010720171220181202622026320197202511300585 20016 7020211120235 20166013282004102013320189202519668201912025123669 20053 20132 56202492012112025125632025122019720253202536668 19982002 * *20251 132025213 50201162015572025112 (i)2004 720064(ii)201011 199962009120173 20011 332015420251 201542018920212 2015120211 39201622025120121020178 20171 492021220235 2021(i)2007520109(ii)20101020141(iii)2014220175(iv)2020220211 1998720259SKEMA 4720236202311 B2B20052014201492020112020112023666822022720238 20056 432021720247 15IT 48202211 (i)2003 720058(ii)20063200812002269(iii)2008 1220109(iv)20121020186(v)2020 10202211831395 20037 (i)2019 11(ii)2020 12 42202162023520247BB+CIPO 2007720187 201811 13.51B(1) (1)20251 13(2)(i)20254(ii)5020256(iii)50202512(iv)MBA20261202511 21 (3)202594202511 21(4)300585202511122026220263(5)366920261 1(6)563202512 18 13.51B(1) 202512 31 AI 2025++ 2025 202512 31 202512 31 ESG(www.hkexnews.hk)(www.voicecomm.cn) 202512 31303 202512 3194.02024123186.92026 (i)(ii)(i)(ii)(iii)(iv)(v) 2025123139.7%195.219.4%38.5%11.5% 202512315% 11 202512 3129 H 20251 2315,436,067HH20251 2428,526,960H6,997,25020247 2120247 3020248 4202412 2720251520251 23 29202512 31 1 202512 3124 571.65522.1(1)4,365,660H152.1020248 211.6510.6(2)99,320H152.10583.3532.7(3) 20251252024710Prudent Wealth Global Fund SPCVanguardFund SPC240,000,00080,000,000 202512 31 (1)20247 1010.91329 (2)20248 210.91343 (3) (4)2025828202520251231169.2187.3202512 3110.90322 2025 2026 20261302026202611520261 30 (a) (b) (c)(d) (i)(ii)(iii) H17 H3,552,421HH28,526,960H12.45%35,524,21010.00%HH HH1% 10 12 (i) H(ii) H H (i)H(ii)H(i)H 20261309.8 25% 20261 520261 3020261 15 2026130(i)4.1F116(ii)(iii) (www.voicecomm.cn)(www.hkexnews.hk) H 20261 12State Fortune Global Strategic LPFState FortuneState Fortune46.36,730,000H20256 202026410State Fortune6,730,000H4,134,849H191.4190.9202611220263920263112026410State Fortune191.4 202641046.32,029,374H94.093.62026410 202512 31 2026 20266 25 2026622202662520266252026618H183171712-171620266 25 3320251231 18 6 20251231XVXV78352 (1)202512 3135,524,2106,997,25028,526,960H (3)202132020257212025721 (4)20251231(i)2,098,0001,400,000H(ii)99%1%3,043,5582,050,000H(iii)910,0001,430,000H (5)20251231(i)700,0001,100,000H(ii)210,000330,000H(iii)5,141,5583,450,000H (6)202512 3196,000119,540H60%98.3% 202512 31XVXV78352 20251231XV23336 202512 3135,524,2106,997,25028,526,960H (3)2021320202572120257 21 (4)20251231(i)2,098,0001,400,000H(ii)99%1%3,043,5582,050,000H(iii)910,0001,430,000H6,051,5584,880,000H (5)202512 31(i)700,0001,100,000H(ii)210,000330,000H(iii)5,141,5583,450,000H (6)20251231(i)909,040H(ii)797,500H1%55.59% 1,706,540H (8)202512311,800,000H500,000H0