公司认为，当前神州控股的生态建设已形成"技术-行业-产业"三维协同格局。未来将通过开放数据能力 基座与AI工具链，降低赋能门槛，扩大生态影响力，形成平台化模式，并有望通过生态协同实现规模 与经营业绩的双重提升。 公司方面表示，会持续将自身的通用化能力和面向场景的行业know-how结合，深入推进"Data x AI"战 略落地，通过有机增长，夯实自身业务的市场基础，最大化拓展，达到行业领先位置。同时，也将通过 生态合作和投资并购等无机增长方式进行快速有效的能力补齐，实现竞争力不断提升，筑牢核心技术底 座和竞争壁垒。 关于"Data×AI"战略，管理层认为，数据是AI能够释放效能的核心基础，同时，场景化能力的竞争，已 经成为当前AI赛道竞争的主旋律。因此，公司在将大量资源投入到数据数据层能力的同时，结合自身 在行业场景中的优势，实现了通用能力与行业场景化能力的有机结合。打造出从数据到知识再到AI应 用的技术闭环，技术商业化能力持续提升。 神州控股(00861.HK)日前通过线上形式召开2025年度中期业绩说明会，管理层就上半年经营成果、技术 研发进展、面向核心场景的业务进展，以及生态战略的推进落实情况进行详细解 ...

来源：智通财经网 9月11日，早盘神州控股股票出现异动，股价大涨超11%。公司最新财报显示，公司2025年上半年，营 收利润双增长，整体收入较去年同期增长12%，达78.65亿元人民币，归属于母公司净利润较去年同期 实现高速增长，达41%，总额为1521万元人民币。公司业务发展势头十分强劲，在手订单充足，期内新 签约金额同比增长高达98%，达94.76亿元人民币，已签未销尚有104.41亿元人民币。多维度信息表明， 公司Data x AI 战略取得显著成效。坊间消息认为，公司此次股价大涨或与甲骨文概念有关。 据悉，神州控股依托在大数据和人工智能领域的先发优势，持续推动"Data x AI"战略升维。基于AI全栈 数据智能技术"通专融合"发展理念，打造了覆盖算力层、数据层和决策层的"燕云Infinity平台"，基于三 层通用核心技术，融合行业运营经验，可高效部署垂类智能应用，并提供行业端到端数据智能解决方 案，赋能客户"研产供销服"全链路数智化转型与管理效能跃迁。目前，公司已服务了政企业务、消费电 子、通信服务、快消零售、服装、金融、连锁酒店等众多行业头部客户，在实现AI全栈技术在核心价 值场景落地的同时，驱动 ...

在手订单充沛， "Data x AI"战略持续推进 神州控股 2025 年半年报点评 本报告导读： 2025H1 公司业绩明显改善，新签订单同比+98%，在手订单充沛。"Data x AI"战略持 续推进，AI 赋能下的数据智能解决方案在多个场景已有落地。 投资要点： | 财务摘要(百万人民币) | 2024A | 2025E | 2026E | 2027E | | --- | --- | --- | --- | --- | | 营业总收入 | 16657 | 18373 | 20720 | 22637 | | (+/-)% | -9% | 10% | 13% | 9% | | 毛利润 | -254 | 218 | 423 | 496 | | 净利润 | 86% | 186% | 94% | 17% | | (+/-)% | -0.17 | 0.13 | 0.25 | 0.30 | | PE | -17.70 | 21.92 | 11.28 | 9.61 | | PB | 16657 | 18373 | 20720 | 22637 | | 资料来源：Wind，HTI 研究 | | | | | 股 票 研 究 ...

海外監管公告 本公告是由神州數碼控股有限公司* （「本公司」）根據香港聯合交易所有限公司證券上市 規則第 13.10B條而作出。 以下附件是本公司依臺灣相關證券法律的規定於二零二五年九月四日在臺灣證券交易所股份 有限公司網頁刊發的公告。 承董事會命 Digital China Holdings Limited (神州數碼控股有限公司* ) 郭為 主席兼首席執行官 香港，二零二五年九月四日 於本公告日期時，董事會由九名董事組成，包括： 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完 整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部分內容而產生或因倚賴該等內 容而引致的任何損失承擔任何責任。 執行董事：郭為先生（主席兼首席執行官）及林楊先生（副主席） 非執行董事：彭晶先生叢珊女士及劉軍強先生 獨立非執行董事：劉允博士、金昌衛先生、郭嵩博士、陳惠康先生及李靜博士 網址： www.dcholdings.com * 僅供識別 | 召開法人說明會日期： | | 114/09/05時間： 10 點 0 分 (24小時制) | | --- | --- | --- | | 召 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完 整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部分內容而產生或因倚賴該等內 容而引致的任何損失承擔任何責任。 承董事會命 Digital China Holdings Limited (神州數碼控股有限公司* ) 郭為 主席兼首席執行官 香港，二零二五年九月四日 於本公告日期時，董事會由九名董事組成，包括： 執行董事：郭為先生（主席兼首席執行官）及林楊先生（副主席） 非執行董事：叢珊女士及劉軍強先生 海外監管公告 本公告是由神州數碼控股有限公司* （「本公司」）根據香港聯合交易所有限公司證券上市 規則第 13.10B條而作出。 以下附件是本公司依臺灣相關證券法律的規定於二零二五年九月四日在臺灣證券交易所股份 有限公司網頁刊發的公告。 獨立非執行董事：劉允博士、金昌衛先生、郭嵩博士、陳惠康先生、李靜博士 | 公司代號 | 910861 | | --- | --- | | 公告序號 | 2 | | 事實發生日 | 民國114年9月5日 | | 公司名稱 | 神州數碼控股有限公司 | | 主旨 | 神州數碼控股有限公 ...

於本公告刊發時，董事會由九名董事組成，包括： 執行董事：郭為先生（主席兼首席執行官）及林楊先生（副主席） 本公告是由Digital China Holdings Limited (神州數碼控股有限公司* )（「本公司」）根據 香港聯合交易所有限公司證券上市規則第 13.10B條而作出。 以下附件是本公司依臺灣相關證券法律的規定於二零二五年九月四日在臺灣證券交易所 股份有限公司網頁刊發的公告。 承董事會命 Digital China Holdings Limited (神州數碼控股有限公司*) 郭為 主席兼首席執行官 香港，二零二五年九月四日 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部分內容而產生或因倚 賴該等內容而引致的任何損失承擔任何責任。 海外監管公告 神州數碼控股有限公司 臺灣存託憑證流通及兌回情形月報表 中華民國 114 年 8 月份 | 項 目 | 單位數 | | 表彰之有價證券數額 | | | --- | --- | --- | --- | --- | | 截至上一月底止餘額 (Ａ) | 33 ...

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年8月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 神州數碼控股有限公司 呈交日期: 2025年9月4日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 00861 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 2,500,000,000 | HKD | | 0.1 | HKD | | 250,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 2,500,000,000 | HKD | | 0.1 | HKD | | 250,000,000 | 本月底法定/註冊股本 ...

Core Insights - The company reported a revenue of 7.865 billion yuan for the first half of 2025, representing a year-on-year growth of 12% [1] - Gross profit reached 1.033 billion yuan, with an 8% increase compared to the previous year [1] - Net profit attributable to shareholders was 15.21 million yuan, showing a significant year-on-year growth of 41% [1] Business Performance - New contracts doubled, with a new signed order amount of 9.476 billion yuan, reflecting a 98% year-on-year increase [1] - The total amount of signed but unfulfilled contracts reached 10.441 billion yuan, up 27% year-on-year, indicating a solid foundation for long-term and stable growth [1] Technological Advancements - The company successfully implemented a full-stack data intelligence solution for smart supply chain scenarios, achieving deep penetration of "AI for Process" [1] - The company developed supply chain algorithms tailored to different industry characteristics and created the "KingKoo Smart Chain" logistics model to address issues with general large models [1] - The AI agent suite for operations, decision-making, and customer interactions has been successfully deployed and has shown positive results [1] Industry Expansion - The company is expanding its hotel data intelligence solutions, having deepened strategic cooperation with Wanda Hotels and Yunji Technology [2] - The company signed digital service projects for over 300 stores in high-end chain hotels, reinforcing its leading position in the chain hotel industry [2] - The company is actively promoting overseas business development, leveraging successful domestic experiences [2] Technical Infrastructure - The company is building a technical barrier with its "Yanyun Infinity" industry-level general data intelligence engine, focusing on core value scenarios [2] - The engine integrates industry operational experience to efficiently construct and deploy vertical intelligent applications, forming a closed-loop of technical capabilities from "Data for AI" to "AI for Process" [2] Future Outlook - The company’s core technologies have successfully landed in various segments, driving stable growth across its business [3] - The rapid growth of new contracts lays a long-term foundation for future revenue and profit increases [3] - The company forecasts revenues of 18.4 billion yuan, 20.7 billion yuan, and 22.7 billion yuan for 2025-2027, with net profits of 231 million yuan, 442 million yuan, and 511 million yuan respectively [3]

Core Viewpoint - The report from Changcheng Securities indicates that Shenzhou Holdings has achieved a performance turning point, with significant growth in new contracts and a return to profitability, leading to a "buy" rating for the company [1][2]. Financial Performance - In the first half of 2025, Shenzhou Holdings reported revenue of 7.865 billion, a year-on-year increase of 12%, and a gross profit of 1.033 billion, up 8%. The net profit attributable to shareholders reached 15.21 million, marking a successful turnaround to profitability [2]. - For the full year 2025, revenue is projected to reach 18.4 billion, with net profit expected to be 231 million [2]. Contract Growth - The company signed new contracts worth 9.476 billion in the first half of 2025, representing a remarkable year-on-year growth of 98%. The total uncompleted contracts on hand amounted to 10.441 billion, up 27%, providing a solid foundation for future revenue growth [2]. Strategic Developments - Shenzhou Holdings is advancing its smart supply chain initiatives through the "AI for Process" concept, implementing a comprehensive digital upgrade across the supply chain. The KingKoo intelligent logistics model addresses common issues in general models, enhancing operational efficiency [2][3]. - The company has formed strategic partnerships with Wanda Hotels and Yunji Technology, signing over 300 high-end hotel digital service projects, establishing a benchmark for intelligent services in chain hotels, with plans to replicate this success internationally [2]. Technological Advancements - The "Yanyun Infinity" platform serves as the core of Shenzhou Holdings' data intelligence engine, integrating AI infrastructure, AI-ready data, and Agentic AI capabilities to provide end-to-end data intelligence applications [3]. - The company offers customized digital services to major internet firms like Meituan and Alibaba, as well as state-owned enterprises, while its subsidiary, Shenzhou Information, is actively exploring stablecoin initiatives, attracting market interest [3]. Industry Context - The recent government policy on "Artificial Intelligence+" is expected to benefit AI-related companies like Shenzhou Holdings, as the acceleration of technology implementation translates into increased orders, marking a transition from the "investment phase" to the "harvest phase" for the company [3].

Core Viewpoint - The report from Changcheng Securities indicates that Shenzhou Holdings (00861) has reached an inflection point in its performance, with significant growth in new contracts and a return to profitability, leading to a "buy" rating for the stock [1]. Financial Performance - In the first half of 2025, Shenzhou Holdings achieved revenue of 7.865 billion, a year-on-year increase of 12%, and a gross profit of 1.033 billion, up 8% [2]. - The company reported a net profit attributable to shareholders of 15.21 million, successfully turning a profit [2]. - For the full year 2025, revenue is projected to reach 18.4 billion, with a net profit of 231 million [2]. Contract Growth - The company signed new contracts worth 9.476 billion in the first half of 2025, representing a remarkable year-on-year growth of 98% [2]. - The total value of uncompleted contracts on hand reached 10.441 billion, an increase of 27% year-on-year, providing a solid foundation for future revenue growth [2]. Development Analysis - The company is advancing in three key areas: - **Smart Supply Chain**: Implementing a full-stack solution for digital upgrades in supply chains, addressing issues in general models with its KingKoo logistics model [2]. - **Hotel New Scene**: Strategic partnerships with Wanda Hotels and Cloud Trace Technology, signing over 300 high-end hotel digital service projects, aiming to replicate domestic success overseas [2]. - **Data Intelligence Engine**: Utilizing the "Yanyun Infinity" platform to integrate AI capabilities, enhancing competitive barriers through comprehensive data solutions [3]. Market Environment - The recent government policy on "Artificial Intelligence+" is expected to benefit AI companies like Shenzhou Holdings, as the acceleration of technology implementation translates into order growth [3]. - The ongoing digital transformation in the industry positions Shenzhou Holdings to transition from an "investment phase" to a "harvest phase," entering a period of rapid development [3].