Core Insights - As of September 15, the total margin financing and securities lending balance on the Beijing Stock Exchange reached 7.873 billion yuan, an increase of 6.55 million yuan from the previous trading day, marking a continuous increase for three consecutive trading days [1] - The stocks with the highest margin financing balances include Shuguang Shuchuang, Better Ray, and Jinbo Biological, with latest financing balances of 368 million yuan, 357 million yuan, and 329 million yuan respectively [1] - A total of 113 stocks on the Beijing Stock Exchange received net margin purchases, with 38 stocks having net purchases exceeding one million yuan, led by Shuguang Shuchuang with a net purchase of 39.56 million yuan [1] Industry Analysis - The industries with the highest concentration of stocks receiving net margin purchases over one million yuan include machinery equipment, electric power equipment, and automobiles, with 12, 5, and 4 stocks respectively [2] - On September 15, stocks with net margin purchases exceeding one million yuan had an average increase of 0.66%, with notable gainers including Kaitex Co., Anhui Phoenix, and Lijia Technology, which rose by 13.56%, 10.34%, and 7.59% respectively [2] - The average turnover rate for stocks with net margin purchases over one million yuan was 6.14%, with the highest turnover rates seen in Chicheng Co., Anhui Phoenix, and Huawai Design at 36.62%, 20.84%, and 18.39% respectively [2] Stock Performance - The stocks with the largest increases in margin financing balances on September 15 include Shuguang Shuchuang, Better Ray, and Jinbo Biological, with increases of 39.56 million yuan, 17.54 million yuan, and 12.95 million yuan respectively [3] - The stock performance on September 15 showed that Shuguang Shuchuang decreased by 0.97%, while Better Ray increased by 7.37% and Jinbo Biological decreased by 3.69% [3] - Other notable stocks with significant margin financing increases include Lijiang Co., Meixin Yishen, and Guangzi International, with increases of 5.83 million yuan, 5.77 million yuan, and 4.69 million yuan respectively [3]

首创证券股份有限公司 关于曙光数据基础设施创新技术(北京)股份有限公司 2025 年半年度持续督导跟踪报告 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》 等有关法律法规、规范性文件等的规定,首创证券股份有限公司(以下简称"首 创证券"或"保荐机构"）作为曙光数据基础设施创新技术（北京）股份有限公司 (以下简称"曙光数创"或"公司"）的保荐机构,负责曙光数创的持续督导工作, 并出具 2025 年半年度持续督导跟踪报告。 1 项目 工作内容 1、审阅公司信息披露文件 保荐机构及时审阅公司信息披露文件。 保荐机构督导公司建立健全规章制度,包括 2、督导公司建立健全并有效 但不限于根据新《公司法》及《上市规则》的规 执行规则制度 定,修改完善公司治理制度。持续督导期,曙光 数创有效执行规则制度。 保荐机构查阅公司募集资金使用台账、募集 资金专户对账单、募集资金大额支出相关的合同 及发票,查看募投项目进度,每半年度对公司募 3、募集资金使用监督 集资金存放和使用情况进行现场核查,及时审阅 募集资金相关信息披露文件等。本持续督导期, 曙光数创募集资金存放与使用符合相关规定。 保荐机构通过日常沟通、现 ...

Group 1 - The core viewpoint of the article highlights a surge in institutional research on companies listed on the Beijing Stock Exchange since September, indicating a growing interest in their growth potential [1] - Companies such as Shuguang Shuchuang, Kaitie Co., and Wantong Hydraulic have disclosed their engagement with institutional research, reflecting the active participation of investors [1] - The main topics of focus for institutions include product research and development, technological reserves, and market expansion, showcasing the areas of interest for potential investment [1]

Group 1 - A new data service company, Zhongke Zhisheng (Guangdong) Data Service Co., Ltd., has been established with a registered capital of 20 million yuan [1] - The company's business scope includes IoT application services, 5G communication technology services, and artificial intelligence application software development [1] - The company is jointly held by Shuguang Shuchuang (872808) and other stakeholders [1]

Group 1 - A new company, Zhongke Zhisheng (Guangdong) Data Service Co., Ltd., has been established with a registered capital of 20 million yuan [1] - The company's business scope includes Internet of Things (IoT) application services, 5G communication technology services, and artificial intelligence application software development [1] - The company is jointly held by Shuguang Shuchuang and other stakeholders [1]

Core Points - As of September 11, the total margin financing and securities lending balance on the Beijing Stock Exchange reached 7.766 billion yuan, an increase of 71.374 million yuan from the previous trading day [1] - The stocks with the highest margin financing balances include Better Energy, Jinfo Biological, and Shuguang Digital Innovation, with balances of 341 million yuan, 321 million yuan, and 252 million yuan respectively [1] - A total of 126 stocks received net margin purchases on September 11, with 50 stocks having net purchases exceeding 1 million yuan, led by Shuguang Digital Innovation with a net purchase of 37.6 million yuan [1][2] Margin Financing Overview - The margin financing balance increased by 71.58 million yuan to 7.766 billion yuan, while the securities lending balance decreased by 20.69 thousand yuan to 649 thousand yuan [1] - The average margin financing balance as a percentage of market capitalization for the top stocks is 1.30%, with the highest ratios for Jiao Da Tie Fa, Ju Neng Co., and Wan Yuan Tong at 3.98%, 3.97%, and 3.59% respectively [1] Industry Analysis - The industries with the most stocks receiving net margin purchases over 1 million yuan are machinery equipment, power equipment, and computers, with 10, 10, and 5 stocks respectively [2] - On September 11, stocks with net margin purchases over 1 million yuan had an average increase of 1.41%, with Shuguang Digital Innovation, Fangsheng Co., and Gebijia leading with increases of 13.76%, 10.64%, and 10.57% respectively [2] Stock Performance - The stocks with the highest increases in margin financing on September 11 include Shuguang Digital Innovation, Better Energy, and Nacono, with increases of 37.6 million yuan, 33.16 million yuan, and 21.86 million yuan respectively [2][3] - The stocks with the highest net margin sales include Changfu Co., Dingzhi Technology, and Huayang Racing, with net sales of 645.71 thousand yuan, 427.46 thousand yuan, and 387.84 thousand yuan respectively [1][2] Trading Activity - The weighted average turnover rate for stocks with net margin purchases over 1 million yuan on September 11 was 5.26%, with the highest turnover rates for Sanxie Electric, Fangsheng Co., and Gais Food at 52.48%, 39.37%, and 22.04% respectively [2] - The average daily turnover rate for stocks on the Beijing Stock Exchange was 4.36% on the same day [2]

Core Viewpoint - The strategic restructuring with Haiguang Information is progressing with due diligence and asset evaluation, aiming to enhance the integration of chip design and computing power services for domestic AI chip deployment in key industries like government and finance [1] Group 1: Strategic Developments - The company is advancing its strategic restructuring with Haiguang Information, focusing on due diligence and asset evaluation [1] - Upon completion of the transaction, the company will submit the results to the board for review and disclose further progress [1] Group 2: Technological Innovations - The third-generation immersion liquid cooling solution developed by the company has achieved a power density exceeding 750 kW per cabinet, making it the only enterprise in China to realize large-scale commercial deployment of immersion phase change liquid cooling [1] - The company currently has a sufficient order backlog; however, revenue recognition is uncertain due to project implementation cycles [1]

Market Overview - The computer equipment sector rose by 3.97% on September 11, with Huihan Co., Ltd. leading the gains [1] - The Shanghai Composite Index closed at 3875.31, up 1.65%, while the Shenzhen Component Index closed at 12979.89, up 3.36% [1] Top Performers - Huihan Co., Ltd. (301600) closed at 134.60, up 20.00% with a trading volume of 74,600 shares and a transaction value of 956 million [1] - Shuguang Digital Innovation (872808) closed at 103.61, up 13.76% with a trading volume of 103,100 shares [1] - Zhongke Shuguang (603019) closed at 92.09, up 10.00% with a trading volume of 895,200 shares [1] - Chunzong Technology (603516) closed at 137.09, up 10.00% with a trading volume of 148,600 shares [1] Market Capital Flow - The computer equipment sector saw a net inflow of 2.906 billion yuan from institutional investors, while retail investors experienced a net outflow of 1.306 billion yuan [2] - The main stocks with significant net inflows included Zhongke Shuguang with 1.795 billion yuan and Langchao Information with 629 million yuan [3] Individual Stock Performance - Huihan Co., Ltd. had a net inflow of 112 million yuan from institutional investors, but a net outflow of 130 million yuan from retail investors [3] - Zhongke Shuguang had a net inflow of 1.795 billion yuan, representing 22.61% of its total trading volume [3] - Langchao Information experienced a net inflow of 629 million yuan, accounting for 8.48% of its trading volume [3]

Group 1 - The liquid cooling server concept saw significant gains on September 11, with Industrial Fulian hitting the daily limit and reaching a historical high, with a total market value exceeding 1.17 trillion yuan [1] - Previously, Chunzhong Technology achieved three consecutive trading limits, while Yidong Electronics, Fangsheng Shares, and Jiechuan Intelligent all rose over 10% [1] - Other companies such as Shuguang Digital Innovation, Keshida, Runhe Materials, and Dayuan Pump Industry also experienced notable increases in their stock prices [1]

证券代码：872808 证券简称：曙光数创 公告编号：2025-082 曙光数据基础设施创新技术（北京）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 √特定对象调研 □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 二、 投资者关系活动情况 活动时间：2025 年 9 月 8 日 活动地点：公司会议室 参会单位及人员：华龙证券、神农投资、国泰海通、润晖投资、博润银泰、 电科投资、中信建投、长盛基金 上市公司接待人员：财务总监、董事会秘书崔鹏洋先生 三、 投资者关系活动主要内容 回答：公司当前在手订单充足，主要受到项目实施周期影响导致收入确认存 在波动性，综合以往收入确认情况来看，四季度收入往往占到全年收入的 60%以 上，以当前在实施项目的进展看，全年收入增速应该可以维持半年度收入增速， 但不排除因项目实施进度变化，可能导致收入增长比例存在变动。 问题 3：氟化液采用国产还是 3M，占浸没液冷整体解决方案 ...