上海证券交易所 纪律处分决定书 〔2024〕77 号 关于对曙光信息产业股份有限公司时任董事长 李国杰予以公开谴责的决定 当事人： 李国杰，曙光信息产业股份有限公司时任董事长。 经查明，曙光信息产业股份有限公司（以下简称中科曙光或 公司）于 2024 年 4 月 12 日披露公告称，时任董事长李国杰的配 偶张某华于 2023 年 3 月 3 日至 2024 年 3 月 14 日期间，累计买 -1- 对于上述纪律处分，本所将通报中国证监会和天津市地方金 融管理局，并记入上市公司诚信档案。当事人如对上述公开谴责 的纪律处分决定不服，可于 15 个交易日内向本所申请复核，复 核期间不停止本决定的执行。 -2- 你公司及董事、监事和高级管理人员（以下简称董监高人员） 务必高度重视相关违规事项，建立股东所持公司股份及其变动的 专项管理制度，明确相关主体股票交易的报告、申报和监督程序， 提醒其严格遵守持股变动相关规则。上市公司股东及董监高人员 应当引以为戒，在从事证券交易等活动时，严格遵守法律法规、 本所业务规则及所作出的公开承诺，诚实守信，自觉维护证券市 场秩序，认真履行信息披露义务。 上海证券交易所 ──────── ...

Group 1: Financial Performance and Shareholder Value - The company repurchased 784,041 shares in January 2024, totaling 29,996,466.63 CNY (excluding transaction fees) [1] - The company has committed to enhancing shareholder value through share buybacks and market value management [1] Group 2: Research and Development Investments - The company invested 2.444 billion CNY in R&D during the reporting period, focusing on high-end computing and core technology development [2] - Continuous investment in core technology is aimed at enhancing competitiveness in the high-end computing sector [3] Group 3: Market Position and Industry Trends - The company is expanding its computing ecosystem, completing a full industry chain layout from "chip-end-cloud-computing" [2] - Domestic server manufacturers are increasingly competitive, with a notable trend towards replacing foreign brands due to technological advancements [3] Group 4: AI and Computing Services - The company has established a nationwide integrated computing service platform to meet the growing demand for computing power driven by AI advancements [2] - The company began laying the groundwork for AI computing services in 2019, creating a network of heterogeneous computing resources [4] Group 5: Cooling Technology Innovations - The company’s immersion phase change cooling technology is leading in efficiency and commercial deployment [2] - The new integrated air-liquid cooling data center solution enhances cooling efficiency and reduces operational costs [4]

Investment Rating - The investment rating for the company is "Buy" (maintained) [1] Core Views - The company is expected to benefit significantly from the domestic substitution of computing power and is positioned as a leader in computing power growth due to the integration of AI technologies [3] - The company's operating cash flow has improved significantly, with a net operating cash flow of 3.51 billion yuan in 2023, an increase of 212.02% year-on-year [3] - The company has increased its R&D investment, with an R&D expense ratio of 9.17% in 2023, up by 0.67 percentage points year-on-year [3] - The IT equipment business has shown steady revenue growth, with revenue of 12.78 billion yuan in 2023, a year-on-year increase of 11.63% [3] - The company is actively involved in building a national integrated computing power service platform, which aims to lower user barriers and enhance computing power application levels across various industries [3] Financial Performance Summary - In 2023, the company achieved total revenue of 14.35 billion yuan, a year-on-year growth of 10.34%, and a net profit attributable to shareholders of 1.84 billion yuan, up 18.88% year-on-year [2][3] - For Q1 2024, the company reported revenue of 2.48 billion yuan, a year-on-year increase of 7.86%, and a net profit of 143 million yuan, up 8.86% year-on-year [2][3] - The company's earnings per share (EPS) for 2023 was 1.25 yuan, with projections of 1.50 yuan for 2024 and 1.76 yuan for 2025 [2][3] - The projected net profit for 2024 is adjusted to 2.19 billion yuan, with further projections of 2.58 billion yuan for 2025 and 2.98 billion yuan for 2026 [3] Market Data - The closing price of the company's stock is 47.77 yuan, with a market capitalization of approximately 69.92 billion yuan [5] - The price-to-earnings (P/E) ratio is currently 38.08, projected to decrease to 31.95 in 2024 and 27.15 in 2025 [9]

Investment Rating - The report maintains a "Recommended" rating for the company [2] Core Viewpoints - The company is positioned as a leader in AI foundational ecosystem construction, with a solid foothold in computing power [1] - In 2023, the company achieved operating revenue of 14.353 billion yuan, a year-on-year increase of 10.34%, and a net profit attributable to shareholders of 1.836 billion yuan, up 18.88% year-on-year [1] - The company is actively embracing the AI market, launching software products such as DAS and AI model repository, and is expected to experience rapid growth in the AI trend [1] Financial Performance Summary - For 2023, the company reported operating revenue of 14.353 billion yuan, with a growth rate of 10.34% [2] - The net profit attributable to shareholders for 2023 was 1.836 billion yuan, reflecting an 18.88% increase [2] - The company forecasts operating revenue of 16.556 billion yuan for 2024, with a growth rate of 15.4% [2] - The projected net profit attributable to shareholders for 2024 is 2.316 billion yuan, indicating a growth rate of 26.1% [2] - The earnings per share (EPS) for 2024 is expected to be 1.58 yuan, with a price-to-earnings (PE) ratio of 29 [2] Business Strategy and Market Position - The company is focusing on a three-pronged approach to build a software and hardware ecosystem for AI, including the DAS software stack, an AI model repository, and a nationwide integrated computing power service platform [1] - The company leads the liquid cooling data center solution market with an average market share of 58.8% from 2021 to the first half of 2023 [1] - The company has successfully deployed the first integrated liquid cooling data center in the industry at South China University of Technology [1]

计算机/计算机设备 公 司 研 中科曙光（603019.SH） 业绩基本符合预期，盈利能力持续提升 究 2024年04月27日 ——公司信息更新报告 投资评级：买入（维持） 陈宝健（分析师） 刘逍遥（分析师） chenbaojian@kysec.cn liuxiaoyao@kysec.cn 日期 2024/4/26 证 书编号：S0790520080001 证书编号：S0790520090001 当前股价(元) 46.59  国内智算领军，维持“买入”评级 公 一年最高最低(元) 61.20/28.72 我们维持公司 2024-2026 年归母净利润预测为 22.94、29.36、36.62 亿元，对应 司 信 总市值(亿元) 681.88 EPS 为1.57、2.01、2.50元/股，当前股价对应2024-2026 年PE 为 29.8、23.3、 息 流通市值(亿元) 677.67 18.7倍，考虑公司国产高端计算生态日益完善，维持“买入”评级。 更 新 总股本(亿股) 14.64  业绩基本符合预期，盈利能力持续提升 报 流通股本(亿股) 14.55 （1）公司发布2024年一季报，Q1实现营业收入 ...

曙光信息产业股份有限公司 2023 年度股东大会 会议材料 二〇二四年五月十日 目 录 | 1. | 2023 | 年度股东大会会议议程 | | 1 | | | --- | --- | --- | --- | --- | --- | | 2. | 2023 | 年度股东大会会议须知 | | 3 | | | 3. | 议案一 | 关于公司 | 2023 | 年度报告全文及其摘要的议案 | 4 | | 4. | 议案二 | 关于公司 | 2023 年度利润分配方案的议案 | | 5 | | 5. | 议案三 | 关于公司 | 2024 | 年度申请银行综合授信额度的议案 | 7 | | 6. | 议案四 | 关于公司 | 2024 | 年度日常关联交易预计的议案 | 11 | | 7. | 议案五 | 关于公司 | 2023 年度财务决算与 | 2024 年度财务预算报告的议案 .. | 12 | | 8. | 议案六 | 关于公司 | 2024 年度续聘审计机构的议案 | | 22 | | 9. | 议案七 | 关于公司 | 2023 | 年度董事会工作报告的议案 | 23 | | 10. | 议案八 | 关于 ...

Financial Performance - The company's operating revenue for Q1 2024 was CNY 2,478,641,535.71, representing a year-on-year increase of 7.86%[3] - The net profit attributable to shareholders for the same period was CNY 142,577,605.46, reflecting an increase of 8.86% compared to the previous year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 56,619,262.75, which is a 16.00% increase year-on-year[3] - Total operating revenue for Q1 2024 reached ¥2,478,641,535.71, an increase of 7.85% compared to ¥2,297,997,842.11 in Q1 2023[23] - Net profit for Q1 2024 was ¥131,396,523.44, a decrease of 13.96% from ¥152,904,810.69 in Q1 2023[24] - The company reported a total comprehensive income of ¥129,655,202.36 for Q1 2024, down from ¥151,913,745.48 in Q1 2023[24] Assets and Liabilities - The total assets at the end of Q1 2024 amounted to CNY 31,894,702,480.93, up 0.88% from the end of the previous year[4] - As of March 31, 2024, the company's total assets amounted to RMB 31,894,702,480.93, an increase from RMB 31,615,458,539.32 as of December 31, 2023, reflecting a growth of approximately 0.88%[19] - The total liabilities as of Q1 2024 were ¥12,278,054,780.98, slightly up from ¥12,134,670,654.24 in Q1 2023[20] - The total current liabilities decreased from RMB 3,000,000,000 to RMB 2,800,000,000, reflecting a reduction of about 6.67%[19] Cash Flow - The company's cash flow from operating activities showed a net outflow of CNY 493,551,141.49, indicating a significant change in cash management[3] - Cash flow from operating activities in Q1 2024 was ¥3,659,402,093.13, significantly higher than ¥2,156,786,021.22 in Q1 2023, marking an increase of 69.56%[26] - The net cash flow from operating activities was -$493.55 million, compared to -$225.87 million in the previous year, indicating a significant increase in cash outflow[27] - Total cash outflow from operating activities reached $4.15 billion, up from $2.38 billion year-over-year[27] - Cash flow from investing activities showed a net outflow of -$190.88 million, compared to -$341.23 million in the same quarter last year, reflecting improved investment management[27] - Cash flow from financing activities resulted in a net outflow of -$91.03 million, contrasting with a net inflow of $76.20 million in the previous year[27] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 260,058[10] - The top shareholder, Beijing Zhongke Suanyuan Asset Management Co., Ltd., holds 239,388,281 shares, accounting for 16.36% of the total shares[11] - The company has not reported any changes in the top 10 shareholders or their shareholding percentages compared to the previous period[15] Operational Metrics - The company's cash and cash equivalents decreased to RMB 6,424,303,358.75 from RMB 7,193,336,282.69, representing a decline of about 10.67%[18] - Accounts receivable increased to RMB 2,957,022,042.41 from RMB 2,528,982,167.67, marking a rise of approximately 16.91%[18] - Inventory decreased to RMB 3,158,774,217.99 from RMB 3,430,001,372.21, indicating a reduction of about 7.91%[18] - The company reported a significant increase in contract liabilities to RMB 790,300,716.93 from RMB 567,246,668.56, which is an increase of approximately 39.38%[19] Investment and R&D - Research and development expenses for Q1 2024 totaled ¥363,343,338.86, up from ¥294,469,281.78 in Q1 2023, indicating a growth of 23.39%[23] - The company's long-term equity investments increased to RMB 6,991,176,132.61 from RMB 6,909,213,796.46, showing an increase of approximately 1.18%[19] - The company has initiated a new strategy for market expansion through the development of new technologies and products, although specific details were not disclosed in the report[16] Cost Management - Total operating costs for Q1 2024 were ¥2,402,999,984.41, up from ¥2,218,317,309.54 in Q1 2023, reflecting a year-over-year increase of 8.25%[23] - The cash paid for employee compensation was $744.39 million, compared to $552.71 million in the previous year, indicating a rise in labor costs[27] - The cash paid for taxes was $301.28 million, up from $259.36 million year-over-year, reflecting increased tax obligations[27]

Investment Rating - The report assigns an "Accumulate" rating for the company, marking the first coverage [1][3]. Core Views - The company has shown steady growth, with a revenue of 14.353 billion yuan in 2023, representing a year-on-year increase of 10.34%. The net profit attributable to shareholders reached 1.836 billion yuan, up 18.88% year-on-year [1]. - The company maintains a strong focus on core technology research and development, with R&D expenses amounting to 2.444 billion yuan during the reporting period. This investment is expected to enhance its competitiveness in high-end computing [1]. - The company is well-positioned to benefit from the wave of intelligent computing driven by artificial intelligence, with significant advancements in storage and liquid cooling technologies [1]. - The company is actively leveraging its technological advantages in computing to explore industry applications, launching the "Shuguang Smart Industry" strategy and a new smart industrial platform [1]. - The company has invested in multiple quality assets, covering the entire industry chain from chips to cloud computing, which is expected to enhance business synergy and create a self-sustaining ecosystem [1]. Financial Summary - In 2023, the company achieved a revenue of 14.353 billion yuan, with a net profit of 1.836 billion yuan. Projections for 2024-2026 indicate net profits of 2.184 billion, 2.501 billion, and 3.033 billion yuan, respectively [3][4]. - The company's revenue growth rates are forecasted at 12.1% for 2024, 11.3% for 2025, and 12.2% for 2026, while net profit growth rates are expected to be 19.0%, 14.5%, and 21.3% for the same years [4][7]. - The company's price-to-earnings (P/E) ratios for 2024-2026 are projected to be 29.9, 26.1, and 21.6, respectively [3][4].

证券代码：603019 证券简称：中科曙光 公告编号：2024-018 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： 一、说明会类型 会议召开时间：2024 年 4 月 30 日（星期二）15:30-16:30 会议召开地点：价值在线（www.ir-online.cn） 会议召开方式：网络互动方式 曙光信息产业股份有限公司（以下简称"公司"）已于 2024 年 4 月 18 日披 露了 2023 年年度报告并将于 2024 年 4 月 26 日披露 2024 年第一季度报告，具 体内容详见上海证券交易所网站（www.sse.com.cn）。为便于广大投资者更加全 面深入地了解公司经营业绩情况，公司定于 2024 年 4 月 30 日（星期二）15:30- 16:30 在"价值在线"（www.ir-online.cn）举办公司 2023 年度暨 2024 年第一 季度业绩暨现金分红说明会，与投资者进行沟通和交流，广泛听取投资者的意见 和建议。 三、参加人员 会议召开时间：2024 年 4 月 30 日（星期二） ...

Investment Rating - The report maintains an "Outperform" rating for the company [3] Core Views - The company reported a revenue of 14.353 billion yuan for 2023, representing a year-over-year increase of 10.3%, and a net profit attributable to shareholders of 1.836 billion yuan, up 18.9% year-over-year [2][3] - The growth in IT equipment revenue, which reached 12.780 billion yuan with a gross margin increase to 21.9%, is identified as a key driver of growth [2] - High R&D investment, totaling 2.44 billion yuan, is emphasized as crucial for the company's ongoing development in the AI sector [2] - The company achieved a significant increase in operating cash flow, reaching 3.51 billion yuan, a year-over-year increase of 212.0%, indicating a stable supply chain [2] - The company is expected to benefit from the "East Data West Computing" initiative and its core position in AI computing infrastructure, leading to sustained high-quality growth [2] Financial Data Summary - Total revenue for 2023 was 14.353 billion yuan, with a projected revenue of 16.818 billion yuan for 2024, reflecting a growth rate of 17.2% [4][9] - Net profit attributable to shareholders for 2023 was 1.836 billion yuan, with forecasts of 2.264 billion yuan for 2024, indicating a growth rate of 23.3% [4][9] - The company’s gross margin for 2023 was 26.3%, with projections of 27.1% for 2024 [4][9] - The return on equity (ROE) for 2023 was 9.8%, expected to rise to 10.8% in 2024 [4][9]