证券代码：600198 证券简称：大唐电信 公告编号：2025-051 大唐电信科技股份有限公司（以下简称"公司"）于 2025 年 12 月 26 日召开 第九届董事会第十三次会议，审议通过了《关于对参股公司会计核算方法变更的 议案》，根据相关法律法规的规定，本次变更会计核算方法无需提交公司股东会 审议。现将具体情况公告如下： 一、本次会计核算方法变更概述 （一）会计核算方法变更原因 2019 年 6 月，公司控股子公司大唐微电子技术有限公司（以下简称"大唐 微电子"）出资 3,493 万元持有合肥大唐存储科技有限公司（以下简称"合肥存 储"）17.4650%的股权，成为其第二大股东。后经合肥存储多次股权变更及增资， 大唐微电子持股比例被稀释至 12.8819%。 2025 年 7 月 30 日，公司第九届董事会第七次会议审议通过了《关于大唐微 电子公开挂牌转让持有的部分合肥存储股权方案的议案》。大唐微电子通过公开 挂牌方式转让合肥存储 3.3333%的股权，转让后持股比例降至 9.5485%。自参股 以来，大唐微电子一直向合肥存储委派一名董事，能够对其施加重大影响。因此 将该投资作为长期股权投资，并采用权 ...

证券代码：600198 证券简称：大唐电信 公告编号：2025-050 大唐电信科技股份有限公司 第九届董事会第十三次会议决议公告 （一）审议通过《关于对参股公司会计核算方法变更的议案》。 同意对公司参股公司合肥大唐存储科技有限公司的会计核算方法进行变更， 由按权益法计量的长期股权投资变更为以公允价值计量且其变动计入其他综合 收益的金融资产。具体内容详见上海证券交易所网站同日披露的《大唐电信科技 股份有限公司关于对参股公司会计核算方法变更的公告》。 该议案已经公司董事会审计委员会审议通过。 表决结果：同意 7 票，反对 0 票，弃权 0 票。表决结果为通过。 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。 一、董事会会议召开情况 （一）本次董事会会议的召开符合《中华人民共和国公司法》和《大唐电信 科技股份有限公司章程》的规定。 （二）本次董事会会议通知于 2025 年 12 月 20 日以电子邮件方式向全体董 事发出。 （三）本次会议于 2025 年 12 月 26 日以通讯表决方式召开。 （四）会议应参会董事 7 人，实际参 ...

格隆汇12月24日丨华星创业(300025.SZ)在投资者互动平台表示，公司的主要客户系运营商以及主设备 厂商。目前，公司与大唐电信未有直接合作。 ...

12月23日，大唐电信盘中下跌2.07%，截至10:19，报8.97元/股，成交1.66亿元，换手率1.41%，总市值 116.93亿元。 机构持仓方面，截止2025年9月30日，大唐电信十大流通股东中，香港中央结算有限公司位居第五大流 通股东，持股858.85万股，相比上期增加537.76万股。国泰中证全指通信设备ETF（515880）位居第七 大流通股东，持股394.32万股，为新进股东。 责任编辑：小浪快报 分红方面，大唐电信A股上市后累计派现1.35亿元。近三年，累计派现0.00元。 大唐电信今年以来股价涨3.94%，近5个交易日跌5.18%，近20日涨4.67%，近60日涨7.17%。 今年以来大唐电信已经1次登上龙虎榜，最近一次登上龙虎榜为2月21日，当日龙虎榜净买入-6191.17万 元；买入总计1.15亿元 ，占总成交额比17.11%；卖出总计1.77亿元 ，占总成交额比26.28%。 大唐电信所属申万行业为：通信-通信设备-通信终端及配件。所属概念板块包括：北斗导航、商业航天 （航天航空）、军工信息化、5G、无人驾驶等。 截至9月30日，大唐电信股东户数10.62万，较上期减少14.24%； ...

Investment Rating - The report maintains a "Buy" recommendation for the satellite communication industry, particularly focusing on low Earth orbit (LEO) satellite systems [6]. Core Insights - The low Earth orbit (LEO) satellite communication sector is entering a critical phase of large-scale deployment and commercialization, driven by the acceleration of global digitalization and the emergence of new application scenarios [2][3]. - The report highlights the significant improvements in system efficiency and cost reduction due to technological advancements, such as enhanced on-board processing (OBP) capabilities and the maturity of phased array antenna technology [3][4]. - The Chinese government has included satellite internet in its "new infrastructure" initiatives, supporting the development of autonomous LEO satellite constellations [2][3]. Summary by Sections Industry Overview - The global satellite industry is projected to generate approximately $293 billion in revenue by 2024, with a compound annual growth rate (CAGR) of about 1.57% from 2019 to 2024 [12]. - The revenue from satellite manufacturing is expected to reach $20.1 billion in 2024, reflecting a year-on-year growth of approximately 17% [15][16]. Technological Trends - The report emphasizes that the enhancement of OBP capabilities allows satellites to perform more data routing and computing functions, reducing reliance on ground stations [3][4]. - The widespread use of reusable launch vehicles is expected to alleviate launch bottlenecks and continuously lower the cost per bit of transmission, facilitating large-scale user access [3][4]. Market Dynamics - The report indicates that the revenue from ground equipment is currently the highest in the global satellite industry, but as OBP technologies mature, the reliance on ground stations is expected to decrease, leading to increased revenue shares for satellite manufacturing and services [4]. - The demand for consumer broadband terminals, IoT devices, and specialized communication equipment is anticipated to grow, presenting unprecedented market opportunities for domestic companies with core hardware development capabilities [4][5]. Investment Recommendations - The report suggests focusing on leading suppliers of satellite payload manufacturing and navigation modules, as the optimization of launch costs and operational efficiencies is expected to drive growth in downstream service applications [5].

证券代码：600198 证券简称：大唐电信 公告编号：2025-049 2022-038、2022-069、2022-073）、2022年8月30日披露的《大唐电信科技股份有 限公司2022年半年度报告》、2022年9月1日披露的《大唐电信科技股份有限公司 关于公司下属子公司重大诉讼进展的公告》（公告编号：2022-082）、2023年4月 28日披露的《大唐电信科技股份有限公司2022年年度报告》、2023年8月30日披露 的《大唐电信科技股份有限公司2023年半年度报告》、2023年11月30日披露的《 大唐电信科技股份有限公司涉及诉讼、仲裁的公告》（公告编号：2023-051）、 2023年12月7日、12月9日披露的《大唐电信科技股份有限公司关于公司下属子公 司重大诉讼进展的公告》（公告编号：2023-053、2023-054）、2024年4月26日披 露的《大唐电信科技股份有限公司2023年年度报告》、2024年5月11日、7月2日披 露的《大唐电信科技股份有限公司关于公司下属子公司重大诉讼进展的公告》（ 公告编号：2024-036、2024-047）、2024年8月23日披露的《大唐电信科技股份有 ...

Group 1 - The mobile payment sector saw a slight increase of 0.26%, ranking 6th among concept sectors, with 36 stocks rising, including notable gains from Cuiwei Co., Aerospace Information, and Datang Telecom, which hit the daily limit [1][2] - The top gainers in the mobile payment sector included Chuangshi Technology, which rose by 14.20%, followed by Xiongdi Technology at 7.00% and Zhisheng Information at 6.87% [1][2] - Conversely, the biggest losers in the sector were Jiayuan Technology, Jingda Co., and Chaoxun Communication, which fell by 10.96%, 10.00%, and 9.99% respectively [1][2] Group 2 - The mobile payment sector attracted a net inflow of 667 million yuan from main funds, with 34 stocks receiving net inflows, and 6 stocks exceeding 100 million yuan in net inflow [3] - Hengbao Co. led the net inflow with 682 million yuan, followed by Datang Telecom and Cuiwei Co. with net inflows of 269 million yuan and 251 million yuan respectively [3] - The net inflow ratios for Datang Telecom, Cuiwei Co., and Hengbao Co. were 51.90%, 39.58%, and 30.12% respectively, indicating strong investor interest [3] Group 3 - The overall performance of various concept sectors showed that the duty-free shop sector led with a gain of 1.44%, while the superconducting concept experienced a decline of 3.32% [2] - Other sectors with notable performance included ride-hailing at 0.89% and prepared dishes at 0.56%, while digital currency and dairy sectors also showed slight increases [2]

Market Overview - The Shanghai Composite Index fell by 1.11% on December 16, with only three sectors rising, namely retail, beauty care, and social services, which increased by 1.32%, 0.66%, and 0.13% respectively. The communication and non-ferrous metals sectors experienced the largest declines, with drops of 2.95% and 2.81% respectively, placing the communication sector at the top of the decline list [1]. Communication Sector Performance - The communication sector saw a decline of 2.95%, with a net outflow of 7.682 billion yuan in main capital throughout the day. Out of 124 stocks in this sector, 26 rose, including three that hit the daily limit, while 97 fell, with three hitting the lower limit [1]. - Among the stocks with net inflows, five exceeded 100 million yuan, with Hengbao Co., Ltd. leading at a net inflow of 682 million yuan, followed by Tongyu Communication and Datang Telecom with net inflows of 281 million yuan and 269 million yuan respectively [1]. Top Gainers in Communication Sector - The top gainers in the communication sector included: - Hengbao Co., Ltd. with a gain of 9.98% and a turnover rate of 19.25%, attracting 681.86 million yuan in main capital [1]. - Tongyu Communication and Datang Telecom both increased by 10.00%, with turnover rates of 15.09% and 4.33% respectively, attracting 281.06 million yuan and 269.36 million yuan in main capital [1]. Top Losers in Communication Sector - The top losers in the communication sector included: - Zhongji Xuchuang, which fell by 3.34% with a net outflow of 1.5177 billion yuan [2]. - Xinyi Sheng, which decreased by 4.59% with a net outflow of 1.4089 billion yuan [2]. - Changxin Bochuang, which dropped by 7.21% with a net outflow of 533.24 million yuan [2]. Additional Notable Declines - Other significant declines included: - ZTE Corporation, down by 2.90% with a net outflow of 469 million yuan [3]. - Yongding Co., Ltd., which fell by 6.01% with a net outflow of 412.47 million yuan [3]. - Shida Group, which experienced a sharp decline of 9.91% with a net outflow of 386.97 million yuan [3].

12月16日午后，商业航天概念再度拉升，天力复合涨近26%，7个交易日累计上涨超200%。 | 代码 | 名称 | 涨幅%v | 现价 | 主力净量 | | --- | --- | --- | --- | --- | | 920576 | 天力复合 | +25.90% | 87.00 | 0.07 | | 300516 | 久之洋 | +18.41% | 66.32 | 0.29 | | 688323 | 瑞华泰 | +14.48% | 23.01 | 0.97 | | 300542 | 新晨科技 | +12.37% | 20.89 | 0.75 | | 300342 | 天银机电 | +10.27% | 26.96 | 0.68 | | 001208 | 长菱线缆 | +10.02% | 19.77 | -1.53 | | 600198 | 大唐电信 | +10.00% | 9.46 | 1.88 | | 002792 | 通宇通讯 | +10.00% | 35.21 | 2.19 | | 600879 | 航天电子 | +7.90% | 17.07 | -0.53 | | 002383 | 合众思壮 | ...

Core Viewpoint - The commercial aerospace sector has seen a significant surge, with Tianli Composite rising nearly 26% in a single day and over 200% in the past seven trading days [1][3]. Group 1: Stock Performance - Tianli Composite (code: 920576) increased by 25.90%, reaching a price of 87.00, with a net buying volume of 0.07 million [4]. - Jiuzhiyang (code: 300516) rose by 18.41%, with a current price of 66.32 and a net buying volume of 0.29 million [4]. - Ruihuatai (code: 688323) saw a gain of 14.48%, priced at 23.01, with a net buying volume of 0.97 million [4]. - Xincheng Technology (code: 300542) increased by 12.37%, with a price of 20.89 and a net buying volume of 0.75 million [4]. - Tianyin Electromechanical (code: 300342) rose by 10.27%, priced at 26.96, with a net buying volume of 0.68 million [4]. - Hualing Cable (code: 001208) increased by 10.02%, with a current price of 19.77 and a net selling volume of -1.53 million [4]. - Datang Telecom (code: 600198) rose by 10.00%, priced at 9.46, with a net buying volume of 1.88 million [4]. - Tongyu Communication (code: 002792) also increased by 10.00%, with a price of 35.21 and a net buying volume of 2.19 million [4]. - Aerospace Electronics (code: 600879) saw a rise of 7.90%, priced at 17.07, with a net selling volume of -0.53 million [4]. - Hezhong Shizhuang (code: 002383) increased by 7.57%, with a price of 10.66 and a net buying volume of 3.08 million [4]. - Siwei Tuxin (code: 002405) rose by 7.31%, priced at 8.66, with a net buying volume of 0.44 million [4]. - Fuguang Co. (code: 688010) increased by 7.28%, with a price of 31.54 and a net buying volume of 0.49 million [4]. - Laisai Laser (code: 920363) saw a rise of 6.82%, priced at 21.47, with a net selling volume of -0.96 million [4]. - Qifan Cable (code: 605222) increased by 5.86%, with a price of 18.42 and a net buying volume of 0.23 million [4].