证券代码：600522 证券简称：中天科技 公告编号：临 2025-070 江苏中天科技股份有限公司 关于第五期股份回购实施结果暨股份变动的公告 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。 | 回购方案首次披露日 | 2024/11/6 | | --- | --- | | 回购方案实施期限 | 2024 年 11 月 6 日-2025 年 11 月 5 日 | | 预计回购金额 | 20,000万元-40,000万元 | | 回购价格上限 | 21.70元/股 | | 回购用途 | □减少注册资本 √用于员工持股计划或股权激励 | | | □用于转换公司可转债 | | | □为维护公司价值及股东权益 | | 实际回购股数 | 1,879.08万股 | | 实际回购股数占总股本比例 | 0.5506% | | 实际回购金额 | 25,229.12万元 | | 实际回购价格区间 | 12.60元/股-14.80元/股 | 重要内容提示： 一、回购审批情况和回购方案内容 2024 年 11 月 5 日，江苏中天科技股份有限公司（ ...

Core Viewpoint - Zhongtian Technology (600522.SH) has completed its share repurchase plan, having bought back a total of 18.79 million shares, which represents 0.5506% of the current total share capital [1] Summary by Categories Share Repurchase Details - The company has repurchased 18.79 million shares, accounting for 0.5506% of the total share capital [1] - The highest price for the repurchased shares was 14.80 CNY per share, while the lowest price was 12.60 CNY per share [1] - The average repurchase price was 13.43 CNY per share, with a total expenditure of 252.29 million CNY [1]

格隆汇11月5日丨中天科技(600522.SH)公布，2025年11月5日，公司本次回购股份时间届满，回购计划 实施完毕，已实际回购公司股份1,879.08万股，占当前总股本的比例为0.5506%，回购成交的最高价为 14.80元/股、最低价为12.60元/股，回购均价13.43元/股，已支付的总金额为25,229.12万元。（数据如有 尾差，系四舍五入所致） ...

Group 1 - The company is closely monitoring the commercialization process of quantum communication technology [1] - The company has developed special optical fibers suitable for quantum communication, which reduce transmission loss by 30% compared to traditional fibers [1] - The company collaborates with operators and universities on innovative projects related to the application of hollow-core fibers in quantum transmission to meet new application demands during the development process [1]

Core Viewpoint - The company is strategically positioning itself in the new energy storage market by developing a tiered technology layout for semi-solid, quasi-solid, and all-solid-state batteries, with a focus on low-cost all-solid-state storage solutions [1] Group 1: Technology Development - The company has completed the research and development of 200Ah/232Ah semi-solid batteries, which are now ready for mass production, with a cycle life expected to exceed 5000 cycles and excellent safety performance [1] - The company is focused on developing high-safety, long-life, and large-capacity all-solid-state batteries [1] Group 2: Project Approval and Industry Impact - The company has recently been approved for a major technological project in Jiangsu Province titled "Research and Development of Low-Cost All-Solid-State Lithium-Ion Storage Batteries," which will promote breakthroughs and industrialization in solid-state storage battery technology [1] - Concurrently, the company is developing a 7MWh liquid-cooled energy storage system based on all-solid-state batteries, establishing a comprehensive technical system for solid-state batteries and initiating demonstration applications to facilitate the industrialization of all-solid-state energy storage batteries [1]

Core Viewpoint - The company is strategically positioning itself in the new energy storage market by developing a tiered technology layout for semi-solid, quasi-solid, and all-solid-state batteries, with a focus on low-cost all-solid-state energy storage solutions [1] Group 1: Technology Development - The company has completed the R&D of 200Ah/232Ah semi-solid batteries, which are now ready for mass production, with a projected cycle life exceeding 5000 cycles and excellent safety performance [1] - The company is focused on developing high safety, long-life, and large-capacity all-solid-state batteries [1] Group 2: Project Approval and Initiatives - The company has recently been approved for a major technological project in Jiangsu Province titled "R&D of Low-Cost All-Solid-State Lithium-Ion Energy Storage Batteries," which aims to promote breakthroughs and industrialization in solid-state battery technology [1] - Concurrently, the company is developing a 7MWh liquid-cooled energy storage system based on all-solid-state batteries, establishing a comprehensive technical system for solid-state batteries and initiating demonstration applications to facilitate the industrialization of all-solid-state energy storage batteries [1]

Core Viewpoint - The company is actively monitoring the commercialization of quantum communication technology and has developed special optical fibers suitable for quantum communication, which reduce transmission loss by 30% compared to traditional fibers, enabling stable transmission of quantum signals in complex environments [1] Group 1 - The company is focused on continuous innovation in quantum communication technology [1] - The newly developed special optical fibers support stable transmission of quantum signals [1] - The reduction in transmission loss by 30% enhances the performance of quantum communication [1]

Core Viewpoint - The company is strategically positioning itself in the new energy storage market by developing a tiered technology layout for semi-solid, quasi-solid, and all-solid-state batteries, with significant advancements in production readiness and performance metrics [1] Group 1: Technology Development - The company has completed the R&D of 200Ah/232Ah semi-solid batteries, which are now ready for mass production, with a projected cycle life exceeding 5000 cycles and excellent safety performance [1] - The focus is on developing low-cost all-solid-state batteries that emphasize high safety, long life, and large capacity [1] Group 2: Project Approval and Industry Impact - The company has recently received approval for a major technological project in Jiangsu Province, aimed at the R&D of low-cost all-solid-state lithium-ion storage batteries, which will facilitate breakthroughs in solid-state battery technology and its industrialization [1] - Concurrently, the company is developing a 7MWh liquid cooling energy storage system based on all-solid-state batteries, establishing a comprehensive technical system for solid-state batteries and promoting their industrial application [1]

Core Viewpoint - Zhongtian Technology's stock has experienced fluctuations, with a recent decline of 2.01% and a total market capitalization of 56.689 billion yuan, despite an overall increase of 18.46% year-to-date [1] Financial Performance - For the period from January to September 2025, Zhongtian Technology reported a revenue of 37.974 billion yuan, reflecting a year-on-year growth of 10.66%, and a net profit attributable to shareholders of 2.338 billion yuan, which is a 1.20% increase compared to the previous year [2] Shareholder Information - As of September 30, 2025, the number of shareholders increased to 235,000, up by 10.97%, while the average circulating shares per person decreased by 9.89% to 14,520 shares [2] - The company has distributed a total of 4.441 billion yuan in dividends since its A-share listing, with 2.11 billion yuan distributed over the past three years [3] Major Shareholders - The second-largest circulating shareholder is Hong Kong Central Clearing Limited, holding 221 million shares, an increase of 10.0819 million shares from the previous period [3] - Other notable shareholders include Huaxia Energy Innovation Stock A and GF High-end Manufacturing Stock A, with varying changes in their holdings [3] Stock Performance - Zhongtian Technology's stock price has seen a decline of 7.31% over the last five trading days and 9.04% over the last 20 days, while it has increased by 18.47% over the last 60 days [1]

Investment Rating - The industry investment rating is "Positive" (maintained) [1] Core Views - The report highlights that major overseas AI companies are continuously increasing capital expenditures, focusing on AI infrastructure development, with significant growth in cloud business performance [5][6][19] - The report emphasizes a strong outlook for the "optical, liquid cooling, and domestic computing power" sectors, recommending specific stocks within these areas [7][25] Summary by Sections 1. Overseas AI Financial Summary - Google raised its capital expenditure guidance for 2025 to $91-93 billion, with Q3 capital expenditure reaching $23.953 billion, a year-on-year increase of 83% [5][15] - Meta's Q3 revenue was $51.24 billion, exceeding expectations, with a projected annual expenditure of $70-72 billion for 2025 [16] - Microsoft's Q1 FY2026 revenue reached $77.67 billion, a year-on-year increase of 18%, with significant growth in its cloud segment [17][18] - Amazon's Q3 revenue was $180.2 billion, with AWS net sales of $33.006 billion, a 20% year-on-year increase [19][20] - Celestica's Q3 revenue was $3.19 billion, a 28% increase year-on-year, leading to an upward revision of its annual guidance [21] 2. Communication Data Tracking - As of August 2025, the total number of 5G base stations in China reached 4.646 million, with 5G mobile phone users totaling 1.154 billion, a year-on-year increase of 19.46% [34][12] - The report notes that 5G mobile phone shipments reached 19.992 million units in August 2025, accounting for 88.4% of total shipments, with a slight year-on-year increase of 1.2% [41] - The three major telecom operators showed strong growth in innovative business development, with significant revenue increases in their cloud services [45][50]