| 11 | 920005 | N鼎佳 | 64.63 | 479.12% | 10.60亿 | 6759.94万 | | --- | --- | --- | --- | --- | --- | --- | | 2 | 836942 | 恒立钻具 | 57.90 | -11.39% | 8.11亿 | -8399.30万 | | 3 | 835174 | 五新随装 | 64.67 | -7.19% | 5.83亿 | -4485.97万 | | 4 839493 | | 并行科技 | 150.44 | 1.73% | 4.81亿 | 6488.06万 | | 5 | 920060 | 万源通 | 35.05 | -4.08% | 4.65亿 | -2269.17万 | | 6 | 832786 | 骑士乳业 | 11.73 | -7.78% | 4.44亿 | -7079.63万 | | 7 | 832522 | 纳科诺尔 | 58.69 | -1.92% | 4.38亿 | 211.72万 | | 8 | 430017 | 量昊医药 | 25.28 | 8.03% | 4.34亿 | 2627.15万 | ...

Core Insights - The company, Bianxing Technology, announced its operational cooperation models for computing power resources, including external procurement and co-construction models [1] - The company has integrated various types of domestic chip computing power resources into its service platform, providing related technical services [1] - The utilization rate of the company's own GPU computing power resources is reported to be between 85% and 90% [1] - A strategic partnership with Alibaba Cloud was revealed, which includes co-building a domestic computing power center, jointly operating a public cloud zone, and promoting industry large models [1]

本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连 带法律责任。 一、 投资者关系活动类别 证券代码：839493 证券简称：并行科技 公告编号：2025-106 北京并行科技股份有限公司 投资者关系活动记录表 √特定对象调研 二、 投资者关系活动情况 活动时间：2025 年 7 月 29 日 活动地点：公司会议室 参会单位及人员：中邮证券 上市公司接待人员：董事会秘书师健伟先生 三、 投资者关系活动主要内容 公司就投资者普遍关注的问题进行沟通交流，主要问题及回复情况如下： 问题 1、请介绍公司算力资源建设运营合作模式 回答：公司主要通过共建模式和外购模式获取算力资源。外购模式是指公司 回答：从应用场景来看，算力用户大致可以划分为"基础大模型训练"、"行 业模型"、"场景模型"、"学术、科研"、"主流大模型推理"、"常规通用推理"、 "常规推理"几种类型，按需求量来划分，基础大模型训练、主流大模型推理等 对算力的需求最大。公司国产算力测试验证推广服务一体化平台通过外购模式接 入一定规模的多种类型的国产芯片算力资源，国产算 ...

中国国际金融股份有限公司 关于北京并行科技股份有限公司 募投项目结项的核查意见 中国国际金融股份有限公司（以下简称"保荐机构"）作为北京并行科技股份有限 公司（以下简称"并行科技"或"公司"）向不特定合格投资者公开发行股票并在北京 证券交易所上市的保荐机构，对并行科技履行持续督导义务。根据《证券发行上市保荐 业务管理办法》《北京证券交易所股票上市规则》《北京证券交易所上市公司持续监管 办法（试行）》《北京证券交易所证券发行上市保荐业务管理细则》等相关法律、法规 和规范性文件的规定，对并行科技募投项目结项的事项进行了认真、审慎核查，具体情 况如下： 二、募集资金管理情况 万股、33.40 万股及 6.00 万股，合计 690.40 万股股份，预计募集资金不超过 20,712.00 万元。根据立信会计师事务所（特殊普通合伙）出具的信会师报字[2021]第 ZB11551 号《验资报告》确认，截至 2021 年 12 月 10 日止，公司已收到中小企业发展基金（江 苏南通有限合伙）、吕大龙、宁波卓辉创曜股权投资合伙企业（有限合伙）、北京兴 健投资发展中心（有限合伙）、徐放及北京君利联合创业投资合伙企业（有限合伙） ...

证券代码：839493 证券简称：并行科技 公告编号：2025-106 北京并行科技股份有限公司 投资者关系活动记录表 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连 带法律责任。 一、 投资者关系活动类别 □业绩说明会 □媒体采访 □现场参观 □新闻发布会 □分析师会议 □路演活动 □其他 与上游算力供应商（各类超算/智算中心、电信运营商及其他厂商）签订算力资 源采购协议，通过对接调试将其算力资源纳入公司超算云平台，并根据下游客户 的需求量提供服务的形式；共建模式是指公司采购算力服务器、存储及网络设施 等，租赁和使用数据中心相关设施形成计算集群，并为下游客户提供公司自有算 力的形式。 √特定对象调研 二、 投资者关系活动情况 活动时间：2025 年 7 月 29 日 活动地点：公司会议室 参会单位及人员：中邮证券 上市公司接待人员：董事会秘书师健伟先生 三、 投资者关系活动主要内容 公司就投资者普遍关注的问题进行沟通交流，主要问题及回复情况如下： 问题 1、请介绍公司算力资源建设运营合作模式 回答：公司主要通过共建 ...

证券代码：839493 证券简称：并行科技 公告编号：2025-105 北京并行科技股份有限公司 关于募集资金投资项目结项并将 节余募集资金永久补充流动资金的公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假 记载、误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承 担个别及连带法律责任。 北京并行科技股份有限公司（以下简称"公司"）2021年第二次定向发行股 票募集资金投资项目及 2023 年向不特定合格投资者公开发行股票募集资金投资 项目之"超算云算力网络平台建设项目"（以下统称"募投项目"）已达到预定 可使用状态，公司将该募投项目予以结项，具体情况公告如下： 一、募集资金基本情况 公司自新三板挂牌及北京证券交易所上市以来，共进行过七次股票发行， 前五次股票发行募集资金已分别于 2019 年 11 月 4 日、2019 年 11 月 6 日、2020 年 8 月 7 日、2021 年 8 月 31 日和 2022 年 3 月 7 日使用完毕，募集资金账户分别 于 2019 年 11 月 4 日、2019 年 11 月 6 日、2020 年 11 月 16 日、2021 年 8 ...

Core Viewpoint - The report highlights the significant revenue growth of Parallel Technology, driven by its intelligent computing cloud services, with a projected revenue increase of 69% year-on-year for the first half of 2025, supported by strategic collaborations and advancements in AI integration [1][4]. Financial Performance - In H1 2025, the company achieved revenue of 458 million yuan (yoy +69%), with a net profit of 5.08 million yuan (yoy +20%) and a net cash flow from operating activities of 39.26 million yuan (yoy +323%) [1]. - For Q2 2025, revenue reached 259 million yuan (yoy +86% / qoq +31%), with a net profit of 1.48 million yuan [1][2]. Business Segments - The company reported revenue from its four main business segments: computing power services (441.72 million yuan, yoy +71%), supercomputing cloud system integration (10.23 million yuan, yoy +121%), supercomputing software and technical services (5.69 million yuan), and other services (0.03 million yuan) [2]. - The intelligent computing cloud service segment alone generated 264.63 million yuan, reflecting a year-on-year growth of 175% [2]. Strategic Collaborations - Parallel Technology signed a framework cooperation agreement with Alibaba Cloud to enhance domestic computing power infrastructure and promote AI technology applications across various sectors [3]. - The company's MaaS platform has integrated the Zhiyu GLM-Z1 series inference models, aiming to provide efficient and cost-effective solutions for clients [3]. Industry Trends - The intelligent computing power scale in China is projected to reach 725.3 EFLOPS in 2024, with a year-on-year growth of 74.1%, driven by the national "East Data West Computing" initiative [4]. - The report anticipates that by 2025, the general computing power scale will reach 85.8 EFLOPS, while intelligent computing power is expected to grow to 1,037.3 EFLOPS, marking a 43% increase [4]. Profit Forecast - The company forecasts net profits of 24 million yuan, 36 million yuan, and 48 million yuan for 2025, 2026, and 2027 respectively, with corresponding EPS of 0.40, 0.61, and 0.80 yuan per share [5].

Investment Rating - The investment rating for the company is "Accumulate" (maintained) [5] Core Views - The company's revenue in H1 2025 reached 458 million yuan, representing a year-on-year increase of 69%. The growth was driven by the high increase in intelligent computing cloud services, which saw a 175% year-on-year growth [6][9] - The company has signed a framework cooperation agreement with Alibaba Cloud to enhance AI technology accessibility through the integration of the GLM-Z1 series inference models into its MaaS platform [6][7] - The "Parallel Computing Network" is expected to support the national "East Data West Computing" strategy, with the intelligent computing scale projected to reach 725.3 EFLOPS in 2024, a year-on-year increase of 74.1% [7] Financial Performance Summary - In H1 2025, the company achieved a net profit of 5.08 million yuan, a year-on-year increase of 20%, and a net cash flow from operating activities of 39.26 million yuan, up 323% year-on-year [6] - Revenue projections for 2025 are estimated at 863 million yuan, with a year-on-year growth rate of 31.86% [8] - The company is expected to achieve net profits of 24 million yuan in 2025, with corresponding EPS of 0.40 yuan per share [9]

Core Viewpoint - The 2025 World Artificial Intelligence Conference (WAIC2025) highlighted the importance of user-centric computing power services and the mismatch in the current market for computing power [1] Group 1: Industry Insights - The chairman of Parallel Technology, Chen Jian, emphasized that having computing power does not guarantee sales, indicating a significant mismatch in the market [1] - Parallel Technology differentiates between computing power services and computing power leasing, with the former focusing on business needs rather than the specifics of computing power [1] - The long-term goal of Parallel Technology is to provide on-demand computing power, ensuring users do not need to consider the location of the computing resources when they require them [1]

Core Insights - The company, Parallel Technology, reported significant growth in its 2025 semi-annual report, with operating revenue reaching 458 million yuan, a year-on-year increase of 69.3% [1] - The net profit attributable to shareholders was 5.08 million yuan, up 20% year-on-year, while the net profit after deducting non-recurring gains and losses was 4.51 million yuan, reflecting a 19.5% increase [1] - The basic earnings per share were 0.09 yuan, representing a year-on-year growth of 28.57%, and the net operating cash flow was 39.26 million yuan, up 323% [1] Business Development - The company focuses on computing power services as its core business, deepening collaborations with various computing resource providers, including national supercomputing centers and telecom operators [2] - It aims to expand its computing resource pool through joint cluster construction, providing secure, user-friendly, and cost-effective supercomputing cloud services to support China's scientific research [2] - The company enhances its infrastructure design and implementation capabilities for large-scale training scenarios, optimizing support library components to deliver high-performance computing power [2] Strategic Partnerships - On May 27, the company signed a framework cooperation agreement with Alibaba Cloud to jointly develop domestic computing power centers and create a public cloud computing ecosystem [3] - The collaboration focuses on the large-scale application of AI technologies in research, education, and industry, exploring new ecosystems for computing power accessibility and AI synergy [3] - The company also integrated the Zhiyu open-source GLM-Z1 series inference models into its MGaS platform to provide more efficient intelligent solutions [3] Asset Acquisition - The company announced plans to purchase AI computing power servers, storage, and switch equipment from Shandong Zhengyun Information Technology Co., Ltd., with a total procurement amount not exceeding 71.5 million yuan [4] - The acquisition is aimed at expanding the company's self-owned computing resource pool, with the equipment being essential for normal production operations [4]