中国基金报记者 卢鸰 12月10日盘后，中科曙光和海光信息同时召开终止重大资产重组投资者说明会。从说明会的互动交流情 况来看，投资者对是否回购或减持、市场环境变化的具体情况等比较关注。 对此，中科曙光董秘翁启南回应称，"公司会根据市场情况、公司财务状况考虑回购股票，维护市值稳 定。" 受终止重大资产重组影响，中科曙光今日早间开盘不久就封住跌停，并持续到收盘，最新市值为1319亿 元；海光信息开盘后跌幅较大，收盘时微跌0.36%，最新市值为5079亿元。 | < W | 中科曙光(603019) Q | | | --- | --- | --- | | 闭市 12-10 15:00:04 通 融 | | | | 90.12 | 额 47.9亿 股本 14.6亿 市盈 ™ 62.6 万得 | | | -10.01 -10.00% 换 3.63% 市值11319亿 市净 6.26 益口 | | | | 分时 | 五日 日K 周K 月K 更多 ◎ | | | 叠加 | 宮口 | 资金 | | 110.14 | 10.00% 卖5 90.16 1068 | | | | SE4 90.15 | 872 | | 100.13 ...

资金流向方面，今日该股主力资金净流出9.34亿元，其中，特大单净流出6.73亿元，大单资金净流出 2.61亿元。近5日主力资金净流出3.92亿元。 融资融券数据显示，该股最新（12月9日）两融余额为99.17亿元，其中，融资余额为98.97亿元，融券余 额为1987.58万元。近5日融资余额合计增加1.25亿元，增幅为1.28%。融券余额合计增加235.44万元，增 幅13.44%。 10月31日公司发布的三季报数据显示，前三季度公司共实现营业收入88.20亿元，同比增长9.68%，实现 净利润9.66亿元，同比增长25.55%。（数据宝） 中科曙光12月10日交易公开信息 | 买/ 卖 | 会员营业部名称 | 买入金额（万元） | 卖出金额（万元） | | --- | --- | --- | --- | | 买一 | 中国银河证券股份有限公司南京洪武路证券营业部 | 9113.23 | | | 买二 | 机构专用 | 6838.31 | | | 买三 | 广发证券股份有限公司郑州农业路证券营业部 | 5283.84 | | | 买四 | 机构专用 | 4165.55 | | | 买五 | 中信建投证券股份有 ...

【导读】中科曙光盘后回应：会根据市场情况等考虑回购股票 12月10日盘后，中科曙光（603019）和海光信息同时召开终止重大资产重组投资者说明会。从说明会的互动交流情况来看，投资者对是否回购或减持、市 场环境变化的具体情况等比较关注。 对此，中科曙光董秘翁启南回应称，"公司会根据市场情况、公司财务状况考虑回购股票，维护市值稳定。" 受终止重大资产重组影响，中科曙光今日早间开盘不久就封住跌停，并持续到收盘，最新市值为1319亿元；海光信息开盘后跌幅较大，收盘时微跌 0.36%，最新市值为5079亿元。 回应是否回购或减持 在回应"如果公司股票出现大幅下跌是否会有回购股票的计划"时，翁启南表示，"公司已发布2025年中期分红预案，会根据市场情况、公司财务状况考虑 回购股票，维护市值稳定"。 翁启南还表示，从财务层面来看，公司当前没有严峻的财务压力，资产负债率也保持在行业较低水平，财务结构健康。 在回应"后续是否有考虑减持海光信息股份的计划"时，翁启南表示，结合目前公司发展实际情况，持股并深化产业协同更符合双方长期利益，减持并非必 要选择；是否有减持计划，将结合自身业务战略、资金状况、产业协同性及行业发展趋势综合判 ...

12月10日盘后，中科曙光和海光信息同时召开终止重大资产重组投资者说明会。从说明会的互动交流情况来看，投资者对是否回购或减 持、市场环境变化的具体情况等比较关注。 对此，中科曙光董秘翁启南回应称，"公司会根据市场情况、公司财务状况考虑回购股票，维护市值稳定。 " 【导读】中科曙光盘后回应：会根据市场情况等考虑回购股票 中国基金报记者 卢鸰 11月29日尚未决定终止交易 对于重组突然终止，海光信息总经理沙超群回应称，11月29日公司及相关各方尚在协调过程中，未决定终止本次交易。12月10日是自吸并 重组事项首次董事会决议公告后6个月期满时间，重组相关条件仍不具备，公司因此公告终止交易。 中科曙光总经理历军表示，11月29日公司及相关各方尚未决定终止本次交易，仍在努力推动本次交易的各项工作。 关于 "市场环境变化" 的 具体 所指 ，沙超群表示， 这 体现 在 交易双方的二级市场股价 自发布 预案 公告以来 发生了较大变化。自今年 6月10日本次重组预案披露至8月中旬，吸并双方的股价走势基本平稳，表明重组方案本身并未对双方股价产生重大影响。 受终止重大资产重组影响，中科曙光今日早间开盘不久就封住跌停，并持续到收盘 ...

Core Viewpoint - The merger between Haiguang Information and Zhongke Shuguang, valued at over 100 billion yuan, has been terminated due to significant changes in the market environment since the initial planning phase, leading to the conclusion that the conditions for the major asset restructuring are not mature enough [1][2] Group 1: Market Environment Changes - Since mid-August, the market has experienced considerable fluctuations, impacting the stock prices of both companies involved in the merger [2] - The stock prices of both companies remained stable from June 10 to mid-August, but began to rise and exhibit volatility due to various factors including domestic and international environment changes, overall A-share market trends, and shifts in AI industry enthusiasm [2] - The termination of the merger was announced shortly after a progress update on November 29, as the companies were still in coordination and had not yet decided to terminate the transaction [2] Group 2: Independent Operations - Both companies will continue to operate independently, which allows for significant market space and collaboration opportunities [3] - The independent operations of Haiguang Information and Zhongke Shuguang can lead to a vertical integration of the industry, achieving cost reduction and efficiency improvements, as well as accelerating innovation through technological collaboration [3] - The companies are positioned as leaders in China's computing power industry, with sufficient market space for independent development, allowing them to contribute to a diversified and competitive ecosystem [3][4] Group 3: Future Business Development - Zhongke Shuguang's future business growth will rely on three core drivers: national strategic benefits, technological barriers, and explosive market demand [7] - The company aims to continue focusing on high-end computing core businesses and will engage in comprehensive layouts in intelligent computing, computing power scheduling, and data center solutions [7] - The AI industry is expected to see significant growth, with predictions indicating that China's accelerated server market will exceed 100 billion yuan by 2029, highlighting the increasing demand for hardware in this sector [6]

Core Viewpoint - The merger between Haiguang Information and Zhongke Shuguang has been terminated, leading to significant market reactions, particularly a drop in Zhongke Shuguang's stock price [1][2][3] Group 1: Merger Termination - The merger was initially announced on May 25, with Haiguang Information planning to absorb Zhongke Shuguang through a share exchange [1][2] - The termination was attributed to the large scale of the transaction, involvement of multiple parties, and changes in market conditions since the planning phase [2][3] - Following the announcement, Zhongke Shuguang's stock hit the daily limit down, closing at 90.12 yuan per share, with a total market value of 131.9 billion yuan [2][3] Group 2: Company Focus and Future Plans - Both companies will now focus on their core areas: Haiguang on computing infrastructure integration and Zhongke on high-end chip design, aiming for collaborative development across the supply chain [3][8] - Haiguang Information's CEO stated that the company will continue to invest heavily in R&D, with a planned investment of 3.446 billion yuan in 2024, representing 37.61% of its revenue [3][9] - The company has established deep collaborations with major internet firms like ByteDance, Tencent, Alibaba, and Baidu, focusing on joint product development and customized services [4][9] Group 3: Financial Performance - For the first three quarters of the year, Haiguang Information reported revenues of approximately 9.49 billion yuan and a net profit of about 1.961 billion yuan [4][9] - Zhongke Shuguang achieved revenues of around 8.82 billion yuan and a net profit of approximately 966 million yuan during the same period [4][9]

Core Viewpoint - The termination of the share-swap merger between Haiguang Information and Zhongke Shuguang has become a focal point in the capital market, leading to significant stock price movements for both companies [1][4]. Group 1: Merger Details - On May 25, Haiguang Information and Zhongke Shuguang announced a share-swap merger, marking the first major asset restructuring transaction following the revision of the "Management Measures for Major Asset Restructuring of Listed Companies" on May 16 [3]. - The merger was planned for over six months but was ultimately terminated due to the large scale of the transaction, involvement of multiple parties, and changes in market conditions that made the conditions for a successful merger unfeasible [4]. Group 2: Market Reactions - Following the announcement of the merger termination, Zhongke Shuguang's stock price hit the daily limit down, closing at 90.12 yuan per share, with a total market value of 131.9 billion yuan [4]. - Haiguang Information experienced a slight decline of 0.36%, closing at 218.5 yuan per share, with a total market value of approximately 507.9 billion yuan [5]. Group 3: Future Strategies - Both companies will focus on their respective core areas: Haiguang on high-end chip design and Zhongke Shuguang on computing power infrastructure integration, aiming for collaborative development across the entire value chain from chip design to computing services [4][5]. - Haiguang Information plans to maintain its focus on chip research and development, with a projected R&D investment of 3.446 billion yuan in 2024, accounting for 37.61% of its revenue [6]. - In the first three quarters of the year, Haiguang Information reported revenues of approximately 9.49 billion yuan and a net profit of about 1.961 billion yuan, while Zhongke Shuguang reported revenues of around 8.82 billion yuan and a net profit of approximately 966 million yuan [6].

Core Viewpoint - Haiguang Information and Zhongke Shuguang have announced the termination of their major asset restructuring due to significant changes in their stock prices since mid-August, influenced by various market factors [1] Group 1: Market Conditions - The stock prices of both parties have experienced considerable fluctuations and an overall increase since mid-August, driven by changes in domestic and international environments, the overall trend of the A-share market, the heat of the AI industry, and market expectations [1] Group 2: Strategic Collaboration - Both companies will enhance strategic collaboration while maintaining their independence, focusing on their core competencies [1] - Haiguang Information will concentrate on CPU and DCU chips, while Zhongke Shuguang will work on cutting-edge technologies such as super-node computing power, scientific large model development platforms, and cluster systems [1]

Group 1: Company Developments - Haiguang Information and Zhongke Shuguang have terminated their major asset restructuring due to the large scale of the transaction and significant changes in the market environment, but they will continue to deepen their cooperation [2] - Vanke A shares saw a surge, with a limit up and a single order amount exceeding 2.7 billion yuan, as the real estate sector showed signs of recovery [2] - Renowned investor Lin Yuan affirmed his long-term investment in Pian Zai Huang, citing its irreplaceable value and potential for significant growth over the next decade [2] Group 2: Market Trends - Silver prices have surged to a historic high of $60 per ounce, with a year-to-date increase of over 108%, significantly outperforming gold [3] - The establishment of a polysilicon acquisition platform with a registered capital of 3 billion yuan is expected to optimize industry capacity amid weak supply and demand [3] - The wholesale price of Feitian Moutai has dropped by 43% over two years, prompting distributors to seek transformation strategies [4] Group 3: Economic Indicators - The Consumer Price Index (CPI) rose by 0.7% year-on-year in November, marking the highest level since March 2024, driven by rising food prices [5] - The Producer Price Index (PPI) increased by 0.1% month-on-month but decreased by 2.2% year-on-year, influenced by seasonal demand and external factors [5]

Core Viewpoint - Haiguang Information announced that although the current merger and acquisition restructuring cannot be implemented, both companies have independent market operations and specialized development paths, focusing on core tracks of computing power infrastructure integration and high-end chip design [1] Group 1: Company Collaboration - Haiguang Information will establish closer cooperation with Zhongke Shuguang in system-level product applications, leveraging Zhongke Shuguang's advantages in cutting-edge technologies such as super-node computing power, scientific large model development platforms, and cluster systems [1] - The collaboration aims to achieve full-chain coordinated development from chip design to computing power services through industrial synergy [1] Group 2: Strategic Focus - Both companies will continue to expand their full-stack layout in areas such as intelligent computing, computing power scheduling, and data center solutions [1]