界面新闻记者 | 张艺

disanjidudanjiniukuideshentianmaa（000050.sz）jinqipinfanjieshoujigoudiaoyan。

11yue28rizaojian，shentianmaafabubenyueyilai，yeshisanjibaopiluyilaidedishifendiaoyanhuodonggonggao。jugonggao，shentianmaarenshibiaoshi，waiyanbinggouyeshigongsifazhandetujingzhiyi，genjugongsifazhanxuyaokaolvshishitouzixianshizhuye、guanjianziyuan。

shentianmaagujiadangriweidie0.11%，shouyu8.73yuan/gu，zuixinshizhi215yiyuan。gujianianneidiefuyue18%。

shentianmaashiyijiacongshizhongxiaochicunxianshiyewudegongsi，zhuyaolingyubaokuoshoujixianshihechezaixianshi。jinliangnian，gongsiyejishenxiankuisun。2023niangongsijukui20.98yiyuan，2024nianqiansanjidu，gongsizaidukuisun4.73yiyuan。

qushiyousuohaozhuan。zailianxukuisunlebagejiduhou，jinniandisanjidushentianmaadanjijinglirunyingli，shixianguimujinglirun1,677.37wanyuan。buguo，koufeiguimujinglirunyiranbuleguan，lianxudishiergejidukoufeiguimujinglirunkuisun，kuisun2.73yiyuan，jiaoqianjigejidukuisunjineshaoyoushouzhai。

sanjidulirungaishanhou，touzizhegengguanzhuqiyejixiufudechixuxing。yejiniukuideyuanyinyouer，junyuzhuyingyewuyouguan。

shoujixianshiyewufangmian，shentianmaarenshizaitouzizhejiaoliushijieshicheng，jinnianqiansanjidu，qizhongduilirunyingxiangjiaodaderouxingamoledzhinengshoujixianshiyewu，lirunhuanbigaishanfudujiaohao，tm17rouxingamoledshoujixianshiyewuzaidisanjidushixiandanjimaoliweizheng。

chezaixianshiyewufangmian，gongsideguimofazhanhejiazhitishengdaidonglechezaixianshiyewulirunguimodejinyibukuodadeng，jundaidonglegongsimaolilvhuanbidechixugaishan。

zaicijichushang，shentianmaadisanjidudanjishixianguishuyushangshigongsigudongdejinglirunniukui，huanbigaishanyue2yiyuan。

shentianmaatichude“2+1+n”fazhanzhanlve，qizhongde“2”bianshishoujixianshi、chezaixianshi，“1”weikuaisuzengzhangdeitxianshi。

yingshougouchengfangmian，jinnianqiansanjidu，shentianmaachezaixianshiyewuyingshouzhanbiyue35%，tongbizengzhangchao40%；shoujixianshiyewuzhong，tm17rouxingamoledshoujixianshiyewuyingshouzhanbichaoliangcheng，tongbizengzhangchao25%。

在手机等消费电子领域疲软之时，深天马A希望通过两大业务占比的此消彼长调整结构来改善盈利能力，同时对车载业务寄予了厚望。

首先，深天马在持续降低手机业务的比重，侧重点在于价格的修复。

gongsicheng，gongsizailtpschanxianshangchixutuijinduoyuanhuachanpinbuju，baohanshouji、chezai、it、gongyepindeng，bingbuduantishengfeishoujixianshichanpindebizhong。

jinnianqiansanjidu，feishoujileichanpinzailtpszongyingshoudezhanbichaoliucheng，daidongltpschanxianzhengtimaolilvdetisheng。shentianmabiaoshi，suizherouxingoledjishuzaishoujixianshilingyushentoulvdechixutisheng，rouxingoledshoujimianbanjiagejunjiatongbiyiyoumingxianxiufu。

其次，车载业务新产线试产，导入客户。

jujieshao，qiansanjidu，shentianmachezaixianshichanpinchuhuoliangzengsugaoyuxingyeshuiping，chezaiyewushourutongbizengzhangchao40%，qizhongmianxiangguojizhengchechangdeqichedianziyewukaishijinrudapiliangjiaofujieduan，zaitoubuxinnengyuanqichekehufenechixutisheng。

“jinnianshangbannianchezaixianshiyewujixubaochiquanqiucheguishichangshizhandiyi、yibiaoshichangdiyi，tongshizaihudtaitouxianshilingyuyeyuejudiyi。”gairenshicheng。

tongshi，ltps（diwenduojinggui）jishuzaichezaixianshilingyukuaisushentou，shentianmadeltpschezaixianshishourutongbizengzhangchao250%。

zailiangtiaoltpschanxianziyuanwai，shentianmahaiweichezaixianshiyewuyinrudi8.6daixian（tm19）hexinxingxianshimozuchanxian（tm20）dengchanneng。

新产线进展方面，据介绍，TM19和TM20产线目前均已进入试产试制阶段，正推进产品开发和客户导入，将根据客户项目进度推进量产。

“tm19hetm20yiyouduoleixingchanpintongbukaianzhong，qizhongtm19shoukuanitchanpinyikaishijinruliangchanjieduan，tm20dechezaimozuchanpinyishixianxiangkehujiaofu，itmozuchanpinyikaishijinruliangchanjieduan，jiangwenbutuijinchannengshifangyupapo。”shentianmarenshizhichu。

jinqibiyadiyaoqiugongyingshangjiangjia10%yishijiekailexinnengyuanqichejiagezhandebingshanyijiao。shentianmachezaiyewunengfouzaimingniangengweijiliedejiagezhanzhongbaoliulirunbingxiufuyeji，haiyoudaiguancha。

深天马人士也提到，车市客观面临市场竞争激烈、价格挑战等的压力，会对上游供应链有一定传导。

可见，明年的日子也并不好过。

weitizhenyeji，shentianmayiyouqiubiandeyitu。zuixindetouzizhejiaoliujiyaozhong，gongsitidao，waiyanbinggouyeshigongsifazhandetujingzhiyi，jianggenjugongsifazhanxuyaokaolvshishitouzixianshizhuye、guanjianziyuan。