格隆汇12月3日丨国网信通(600131.SH)公布2025年半年度权益分派实施公告，公司拟向全体股东每股派 发现金红利0.05元（含税）。截至2025年12月3日，公司总股本11.98亿股，以此计算合计拟派发现金红 利5991.78万元（含税），占2025年1-9月归属于上市公司股东的净利润比例为17.06%。 ...

公司董事会认为，公司 2025 年中期利润分配方案是在综合考虑 公司持续发展目标、盈利能力，兼顾股东合理回报基础上，结合公司 所处行业特点、经营模式等作出的利润分配安排，同意公司 2025 年 中期利润分配方案。 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、 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 担法律责任。 公司董事会于 2025 年 11 月 27 日向各位董事发出了召开第九届 董事会第二十次会议的通知和会议资料，公司第九届董事会第二十次 会议于 2025 年 12 月 3 日以通讯方式召开，会议应表决董事 11 名， 实际表决董事 11 名，会议的召开符合《公司法》《公司章程》和《公 司董事会议事规则》的有关规定，审议了如下议案： 一、11票同意，0票反对，0票弃权，审议通过了《公司2025年中 期利润分配方案的议案》。 证券代码：600131 证券简称：国网信通 公告编号：2025-056号 国网信息通信股份有限公司 第九届董事会第二十次会议决议公告 - 1 - 特此公告。 国网信息通信股份有限公司董事会 2025 年 12 月 4 日 ...

证券代码：600131 证券简称：国网信通 公告编号：2025-057号 国网信息通信股份有限公司 2025 年中期利润分配方案的公告 （一）利润分配预案的具体内容 根据公司 2025 年第三季度财务报告（未经审计），公司 2025 年 1-9 月合并报表中归属于母公司净利润为 351,132,683.10 元。截至 2025 年 9 月 30 日 ， 公 司 合 并 报 表 未 分 配 利 润 为 人 民 币 4,672,159,374.64 元。2025 年 12 月 3 日，经第九届董事会第二十次 会议决议，公司 2025 年中期拟以实施权益分派股权登记日登记的总 1 证券代码：600131 证券简称：国网信通 公告编号：2025-057号 股本为基数分配利润。本次利润分配如下： 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、 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 担法律责任。 重要内容提示： 每股分配比例：每股派发现金红利 0.05 元。 本次利润分配以实施权益分派股权登记日登记的总股本为 基数，具体日期将在权益分派实施公告中明确。在实施权益分派的股 权登记日前公司总 ...

格隆汇12月3日｜国网信通公告，公司拟向全体股东每股派发现金红利0.05元（含税）。截至2025年12 月3日，公司总股本1,198,355,044股，以此计算合计拟派发现金红利59,917,752.20元（含税），占2025年 1-9月归属于上市公司股东的净利润比例为17.06%。公司2025年中期不送股，也不以资本公积转增股 本。本次中期分红方案已由公司2024年年度股东大会审议通过并授权公司董事会具体实施，无需提交公 司股东会审议。 ...

Core Viewpoint - The stock of State Grid Information Communication Co., Ltd. has experienced a decline in both price and trading volume, with a notable net outflow of funds, indicating potential investor concerns about the company's performance and market position [1][2]. Financial Performance - As of September 30, 2025, the company achieved a revenue of 5.687 billion yuan, representing a year-on-year growth of 51.80%. The net profit attributable to shareholders was 351 million yuan, reflecting a year-on-year increase of 17.85% [2]. - Cumulative cash dividends since the company's A-share listing amount to 1.585 billion yuan, with 695 million yuan distributed over the past three years [3]. Stock Market Activity - On December 2, the stock price fell by 2.03%, trading at 16.39 yuan per share, with a total market capitalization of 19.641 billion yuan. The stock has declined by 12.54% year-to-date and has seen a 10.83% drop over the past 20 trading days [1]. - The company experienced a net outflow of 27.5587 million yuan in principal funds, with significant selling pressure observed [1]. Shareholder Information - As of September 30, 2025, the number of shareholders decreased by 4.26% to 37,400, while the average number of circulating shares per person increased by 4.45% to 31,949 shares [2]. - Among the top ten circulating shareholders, the Southern CSI 500 ETF holds 8.7305 million shares, having decreased its holdings by 171,600 shares compared to the previous period [3]. Business Segments - The company's main business segments include digital infrastructure (49.62% of revenue), cutting-edge technology innovation (19.96%), power digital applications (16.02%), enterprise digital applications (11.30%), energy innovation services (2.97%), and others (0.12%) [1]. - The company operates within the computer IT services sector and is associated with concepts such as hydropower, central enterprise reform, energy storage, and energy interconnection [1].

Core Viewpoint - The event "Building a New Power System to Promote Green and Low-Carbon Transition" was successfully held at COP30 in Brazil, showcasing the advancements in carbon factor analysis and monitoring by State Grid Information Communication Co., Ltd. and its subsidiary Yili Technology [2][3]. Group 1: Event Overview - The event was guided by the Ministry of Ecology and Environment of China and hosted by State Grid Corporation of China [2]. - It featured the presentation of the "Time-Section Carbon Factor Platform" and "Zhejiang Time-Section Carbon Factor Analysis" developed by Yili Technology [2][3]. Group 2: Technological Innovations - The "Time-Section Carbon Factor Platform" utilizes comprehensive measurement data to calculate and trace carbon emissions in the State Grid's operational areas [3]. - The "Zhejiang Time-Section Carbon Factor Analysis" enhances carbon footprint research and provides data support for product carbon footprint certification [3]. Group 3: Future Directions - Yili Technology plans to deepen research on the Time-Section Carbon Factor Platform and explore tailored carbon factor studies for various units [3]. - The company aims to iterate on its monitoring products and expand application scenarios to support high-quality development in computing power [3].

Core Insights - Quantum technology is a strategic emerging field crucial for national information security, experiencing rapid market growth under national strategic guidance, with China's market size projected to grow from 4.523 billion yuan in 2015 to 13.104 billion yuan in 2024, reflecting a compound annual growth rate of 12.55% [1][14] - Significant breakthroughs in quantum technology are anticipated globally in 2024, transitioning from theoretical research to practical applications, with advancements in quantum computing platforms and quantum communication systems [1][14] - The development of quantum technology is expected to drive the next technological revolution, providing new tools and perspectives for exploring the unknown [1][14] Industry Overview - Quantum technology integrates principles of quantum mechanics with information science, computing, and materials science, focusing on information acquisition, processing, and transmission through quantum effects [4][13] - The industry primarily encompasses three core areas: quantum computing, quantum communication, and quantum precision measurement [4][13] Industry Development History - The Chinese government has emphasized the importance of advancing quantum technology, with strategic planning and support increasing since 2020 [6][9] - Notable achievements include the successful development of the "Zu Chongzhi No. 3" quantum computing prototype in March 2025, positioning China among the global leaders in superconducting quantum computing [1][7] - Recent advancements include the establishment of a 300-kilometer quantum direct communication network, validating the feasibility of long-distance secure communication [1][7] Industry Policies - The Chinese government has prioritized quantum technology in its "14th Five-Year Plan," aiming to implement significant national projects in frontier fields like quantum information [9][10] - The upcoming "15th Five-Year Plan" is expected to further promote quantum technology as a new economic growth point, alongside other emerging industries [9][10] Industry Value Chain - The quantum technology industry chain includes upstream components and technology development, midstream core equipment and system development, and downstream applications across various sectors such as cloud computing, finance, and defense [10][11] Market Size and Trends - The global quantum technology market is projected to reach $8.02 billion in 2024, with a year-on-year growth of 10.77%, and is expected to grow to $11.93 billion by 2025 [13] - Quantum computing dominates the market, accounting for 64.92% of the total, with North America leading in technological breakthroughs and industry applications [13][14] Key Companies - Major players in the Chinese quantum technology sector include China Great Wall Technology Group, Keda Technology, State Grid Information Communication, and others, contributing to a diverse competitive landscape [2][16] - China Great Wall Technology has reported significant growth in its computing industry, achieving a revenue of 5.148 billion yuan in the first half of 2025, a year-on-year increase of 9.63% [16] - Wuhan Guangxun Technology focuses on optical electronic devices and has seen a substantial increase in revenue from its data and access business, growing by 149.16% year-on-year in the first half of 2025 [16][17] Future Development Trends - Quantum computing is expected to overcome hardware performance bottlenecks, enhancing stability and developing new quantum bit architectures [17] - Quantum communication aims to establish broader and faster quantum key distribution networks, facilitating the construction of a future quantum internet [18] - Quantum measurement technology is anticipated to achieve significant precision improvements, expanding its applications in various fields [19]

Investment Rating - The investment rating for the company is "Buy" and is maintained [7] Core Views - The company reported a revenue of 5.69 billion yuan for the first three quarters of 2025, representing a year-on-year increase of 6.0%. However, the net profit attributable to shareholders decreased by 8.6% to 350 million yuan, while the net profit excluding non-recurring items was 290 million yuan, down 1.1% year-on-year [2][5] - In Q3 2025, the company achieved a revenue of 2.16 billion yuan, which is a significant year-on-year increase of 29.2%, although it decreased by 10.4% compared to the previous quarter. The net profit attributable to shareholders was 90 million yuan, a slight decrease of 0.3% year-on-year, and a substantial decline of 64.4% quarter-on-quarter [2][5] - The gross profit margin for the first three quarters of 2025 was 19.84%, down 2.04 percentage points year-on-year, while the gross profit margin for Q3 2025 was 16.14%, down 4.99 percentage points year-on-year and 6.92 percentage points quarter-on-quarter, primarily due to a higher proportion of hardware equipment deliveries [10] - The company’s operating cash flow for the first three quarters of 2025 reached 1.347 billion yuan, turning positive year-on-year, although Q3 2025 saw a decline of 3.9% year-on-year and a significant drop of 91.2% quarter-on-quarter [10] Summary by Sections Financial Performance - For the first three quarters of 2025, total revenue was 5.69 billion yuan, with a year-on-year growth of 6.0%. The net profit attributable to shareholders was 350 million yuan, down 8.6% year-on-year, and the net profit excluding non-recurring items was 290 million yuan, down 1.1% year-on-year [2][5] - In Q3 2025, the company reported a revenue of 2.16 billion yuan, a year-on-year increase of 29.2%, but a quarter-on-quarter decrease of 10.4%. The net profit attributable to shareholders was 90 million yuan, a year-on-year decrease of 0.3% and a quarter-on-quarter decrease of 64.4% [2][5] Cost and Expenses - The gross profit margin for the first three quarters of 2025 was 19.84%, down 2.04 percentage points year-on-year. In Q3 2025, the gross profit margin was 16.14%, down 4.99 percentage points year-on-year and 6.92 percentage points quarter-on-quarter [10] - The total expense ratio for the first three quarters of 2025 was 14.08%, down 2.07 percentage points year-on-year. In Q3 2025, the total expense ratio was 12.25%, down 4.32 percentage points year-on-year and 1.03 percentage points quarter-on-quarter [10] Inventory and Cash Flow - As of the end of Q3 2025, the company's inventory reached 1.343 billion yuan, an increase of 99.1% year-on-year and 43.6% quarter-on-quarter. The contract liabilities were 147 million yuan, down 12.2% year-on-year and up 36.6% quarter-on-quarter [10] - The company’s asset-liability ratio at the end of Q3 2025 was 54.19%, an increase of 5.37 percentage points year-on-year and a decrease of 2.32 percentage points quarter-on-quarter [10]

Core Viewpoint - The stock price of State Grid Information Communication Co., Ltd. (国网信通) has experienced a decline of 2.03% on November 12, with a current price of 18.38 yuan per share and a market capitalization of 22.026 billion yuan. The company has seen a year-to-date stock price decrease of 1.92% and a recent trend of net capital outflow [1] Financial Performance - As of September 30, 2025, the company reported a revenue of 5.687 billion yuan, representing a year-on-year growth of 51.80%. The net profit attributable to shareholders was 351 million yuan, with a year-on-year increase of 17.85% [2] - Cumulatively, the company has distributed 1.585 billion yuan in dividends since its A-share listing, with 695 million yuan distributed over the past three years [3] Shareholder Information - The number of shareholders for State Grid Information Communication has decreased by 4.26% to 37,400 as of September 30, 2025. The average circulating shares per person increased by 4.45% to 31,949 shares [2] - Among the top ten circulating shareholders, the Southern CSI 500 ETF holds 8.7305 million shares, a decrease of 171,600 shares compared to the previous period [3] Business Overview - The company, established on January 5, 1997, and listed on April 2, 1998, is located in Chengdu, Sichuan Province. Its main business involves new information communication technologies, with revenue contributions from various segments: digital infrastructure (49.62%), cutting-edge technology innovation (19.96%), power digital applications (16.02%), enterprise digital applications (11.30%), energy innovation services (2.97%), and others (0.12%) [1]

Core Viewpoint - The company, State Grid Information Communication Co., Ltd., is set to hold a Q3 2025 earnings presentation to discuss its financial performance and address investor inquiries [2][3]. Group 1: Earnings Presentation Details - The earnings presentation will take place on November 19, 2025, from 15:00 to 16:00 [6][7]. - The event will be conducted in an interactive online format via the Shanghai Stock Exchange Roadshow Center [3][6]. - Investors can submit questions for the presentation from November 12 to November 18, 2025, by accessing the designated section on the Roadshow Center's website [2][8]. Group 2: Company Representatives - The presentation will feature key company representatives, including the Chairman, Mr. Wang Ben, and the Independent Director, Mr. Yu Zhen [7]. - The company’s Secretary, Mr. Wang Xun, and the Chief Financial Officer, Mr. Xiang Jie, will also be present [5]. Group 3: Contact Information - Investors can reach the Securities Management Department for inquiries via phone at 028-87333131 or 010-51965589, or through email at zqglb@sgitc.com [8].