关于在中国信科集团（香港）有限公司存款资金风险控制制度 第六条 公司及控股的子公司与信科香港之间发生存款等金融业 务，应签订《金融服务协议》，经董事会审议后提交股东大会审议 通过，并及时披露。 第七条 已经董事会或者股东大会审议通过且正在执行的《金融服 务协议》，如果执行过程中主要条款未发生重大变化的，公司应当在 年度报告和中期报告中按要求披露协议的实际履行情况，并说明是否 符合协议的规定；如果协议在执行过程中主要条款发生重大变化或者 协议期满需要续签的，公司应当将新修订或者续签《金融服务协议》， 根据协议涉及的总交易金额提交董事会或股东大会审议。 第一章 总则 第一条 为进一步规范烽火通信科技股份有限公司（以下简称 "公司"）及控股的子公司与中国信息通信科技集团有限公司控制的 中国信科集团（香港）有限公司（以下简称"信科香港"）的关联交 易，有效防范、及时控制和化解公司在信科香港存款的资金风险，防 止公司资金被关联方占用，特制定本制度。 第二条 公司及控股的子公司与信科香港进行存款、贷款、结算 等金融业务应当遵循自愿平等原则，保证公司的财务独立性。 第三条 公司及控股的子公司不得通过信科香港向公司及公司下 ...

格隆汇10月29日｜烽火通信(600498.SH)发布2025年第三季度报告，第三季度营收为59.55亿元，同比下 降18.48%；净利润为2.26亿元，同比增长28.14%。前三季度营收为170.72亿元，同比下降19.30%；净利 润为5.13亿元，同比增长30.28%。 ...

烽火通信(600498.SH)公告称，公司发布2025年第三季度报告，第三季度营收为59.55亿元，同比下降 18.48%；净利润为2.26亿元，同比增长28.14%。前三季度营收为170.72亿元，同比下降19.30%；净利润 为5.13亿元，同比增长30.28%。 ...

Core Viewpoint - The stock price of Fenghuo Communication has shown a significant increase of 32.88% year-to-date, despite recent fluctuations in the short term [2] Group 1: Stock Performance - As of October 24, Fenghuo Communication's stock price rose by 2.07% to 25.62 CNY per share, with a trading volume of 4.30 billion CNY and a turnover rate of 1.42%, resulting in a total market capitalization of 330.30 billion CNY [1] - The stock has experienced a 0.27% increase over the last five trading days, an 11.29% decrease over the last 20 days, and an 18.61% increase over the last 60 days [2] Group 2: Financial Performance - For the first half of 2025, Fenghuo Communication reported a revenue of 11.117 billion CNY, a year-on-year decrease of 19.73%, while the net profit attributable to shareholders was 287 million CNY, reflecting a year-on-year increase of 32.02% [2] - The company has distributed a total of 3.791 billion CNY in dividends since its A-share listing, with 494 million CNY distributed over the past three years [3] Group 3: Shareholder Information - As of June 30, 2025, the number of shareholders for Fenghuo Communication was 128,200, a decrease of 8.49% from the previous period, with an average of 9,102 circulating shares per person, an increase of 9.28% [2] - The top ten circulating shareholders include Hong Kong Central Clearing Limited, holding 15.7589 million shares, and Southern CSI 500 ETF, holding 10.5624 million shares, both showing increases in their holdings compared to the previous period [3] Group 4: Business Overview - Fenghuo Communication, established on December 25, 1999, and listed on August 23, 2001, is primarily engaged in the research, production, and sales of network information security products and mobile information products [2] - The company's revenue composition includes 78.51% from communication system equipment, 18.02% from optical fiber cables, 1.98% from data network products, and 1.49% from other sources [2]

Core Points - The "2025 Super Node Data Center Industry Summit and High-Density Data Center Developer Forum" will be held from November 26-28 in Hangzhou, Zhejiang, focusing on topics such as super node data center architecture design, interconnection technology, optical module packaging trends, liquid cooling technology, and high thermal conductivity materials [2] - The forum is organized by Cheqian Information and Thermal Design Network, expecting over 40 speakers and 500 industry experts to attend [2] - The event will feature a main conference and two specialized sessions for in-depth discussions [2] Group 1: Main Conference Topics - Core technologies and challenges of super node data centers will be discussed, including new product releases from companies like H3C Group and Intel [3][14] - A key presentation will cover ultra-high-density AI cluster liquid cooling technologies by Sugon Data Infrastructure Innovation Technology [3][14] - Innovations in AI chip interconnection protocols and the evolution of super node optical interconnection will be presented by China Mobile Communication Group Design Institute [4][14] Group 2: Specialized Session 1 - Optical Interconnection and Module Technology - Discussions will include topics from companies like Zhongji Xuchuang and Fenghuo Communication Technology on optical interconnection and module technologies [5][6] - The session will also cover the opportunities and challenges posed by AI computing on optical interconnection by HiSilicon [5][16] - Presentations will address the trends and opportunities in super node optical interconnection technology by H3C Technology and Fudan University [5][16] Group 3: Specialized Session 2 - Chip-Server-Data Center Thermal Management Technology - Key topics will include GPU packaging heat dissipation and interconnection technologies, with insights from Advanced Electronic Materials International Innovation Research Institute [16] - The session will also explore the thermal challenges and countermeasures for high-speed optical modules in the AI era by Harman (China) Investment [6][16] - Liquid cooling solutions and AI energy-saving technologies will be discussed by Fenghuo Communication Technology [21]

Core Viewpoint - The company, Fenghuo Communication, announced a share repurchase plan, indicating a strategic move to enhance shareholder value and confidence in the company's future prospects [1] Summary by Categories Company Actions - On October 23, 2025, the company will repurchase 798,500 shares through centralized bidding, which represents 0.062% of the total share capital [1]

Core Viewpoint - The company, Fenghuo Communication, announced its first share buyback on October 23, 2025, repurchasing approximately 800,000 shares, which represents 0.062% of its total share capital, at a total cost of approximately 19.99 million RMB [1]. Group 1: Share Buyback Details - The share buyback was conducted through centralized bidding, with a maximum purchase price of 25.13 RMB per share and a minimum price of 24.81 RMB per share [1]. - The total amount spent on the buyback was approximately 19.99 million RMB [1]. Group 2: Financial Performance - For the year 2024, the revenue composition of Fenghuo Communication is as follows: optical communication accounts for 98.63%, while other businesses contribute 1.37% [1]. - As of the report date, the market capitalization of Fenghuo Communication is 32.4 billion RMB [1].

Core Viewpoint - The company, Fenghuo Communication, has initiated its first share buyback, purchasing 798,500 shares, which represents 0.062% of its total share capital [1] Summary by Categories Share Buyback Details - The buyback was conducted through centralized bidding on October 23, 2025 [1] - The highest purchase price was 25.13 CNY per share, while the lowest was 24.81 CNY per share [1] - The total amount spent on the buyback was 19.9891 million CNY, excluding transaction fees [1]

| 证券代码：600498 | 证券简称：烽火通信 公告编号：2025-055 | | --- | --- | | 转债代码：110062 | 转债简称：烽火转债 | 烽火通信科技股份有限公司 关于以集中竞价交易方式首次回购公司股份的公告 公司将严格按照《上市公司股份回购规则》《上海证券交易所上市公司自律监 管指引第 7 号——回购股份》等相关规定，在回购期限内根据市场情况择机做出 回购决策并予以实施，同时根据回购股份事项进展情况及时履行信息披露义务， 敬请广大投资者注意投资风险。 二、回购股份的进展情况 根据《上市公司股份回购规则》《上海证券交易所上市公司自律监管指引第 7 号——回购股份》等相关规定，公司应当在首次回购股份事实发生的次一交易日 予以披露。现将公司首次回购股份情况公告如下：2025 年 10 月 23 日，公司以集 中竞价交易方式首次回购公司股份 798,500 股，占公司总股本的比例为 0.062%， 购买的最高价为 25.13 元/股、最低价为 24.81 元/股，支付的总金额为人民币 19,989,148.00 元（不含交易费用）。本次回购符合相关法律法规的规定及公司既 定的回购股份方 ...

Group 1 - The CPO concept stocks in the A-share market experienced a decline, with several companies seeing significant drops in their stock prices [1] - Companies such as Huilv Ecology, Tianfu Communication, Changfei Fiber, and Shijia Photon fell over 7% [1] - Other companies like Cambridge Technology and Xinyisheng dropped more than 5%, while Huaten Technology, Huagong Technology, Changxin Bochuang, Liante Technology, and Fenghuo Communication fell over 4% [1] Group 2 - Additional companies including Guangxun Technology, Jingwang Electronics, Ruijie Network, Zhongji Xuchuang, and Taicheng Light saw declines of over 3% [1]