恒为科技 20260114 摘要 恒为科技通过并购数恒科技，布局 AI 应用侧，旨在弥补中国在 AI 应用 收入上与算力上的差距。数恒科技专注于营销场景，通过 AI 中台为品牌 客户提供营销服务，其创始人团队在大数据和投流时代积累了丰富经验。 数恒科技自 2020 年起研发大模型 SGPT，强调小参数模型解决实际问 题，并于 2023 年完成可本地部署的大模型 SGPT 1.0 上线。公司构建 了从算力层到应用层的完整技术栈，适配多种 GPU，并自主搭建算力调 度平台。 数恒科技的知新 AI 中台通过整合 AI 技术，提升营销环节的效率和效果， 提供业务流程中心、通用问答功能和具体业务流程应用。AI agent 能够 解读客户需求，指导策划人员制定精准的策划案。 知新 AI 中台结合小红书官方信源及联网搜索功能，实现广度与深度兼具 的市场环境分析，确保数据可靠性，并能准确反映竞品动态及自身产品 定位，更贴近实际市场情况。 数恒科技在 AI 营销领域的优势体现在数据、业务和大模型三个核心维度。 公司积累了大量数字资产，开发人员深入了解业务需求，拥有自己的算 力平台和训练平台，能够快速工程化地训练并验证模型。 Q ...

证券日报网讯1月14日，恒为科技（603496）在互动平台回答投资者提问时表示，截至2025年12月31日 公司的股东人数为59318户。 ...

Market Overview - The computer equipment sector increased by 2.14% on January 14, with Haohan Deep leading the gains [1] - The Shanghai Composite Index closed at 4126.09, down 0.31%, while the Shenzhen Component Index closed at 14248.6, up 0.56% [1] Top Performers - Haohan Deep (688292) closed at 37.24, up 20.01% with a trading volume of 244,700 shares and a transaction value of 853 million [1] - Jiayuan Technology (301117) closed at 84.48, up 20.00% with a trading volume of 325,700 shares and a transaction value of 2.592 billion [1] - Yinshe Technology (920190) closed at 32.90, up 12.10% with a trading volume of 152,800 shares and a transaction value of 501 million [1] Underperformers - Tiandi Digital (300743) closed at 21.71, down 6.78% with a trading volume of 158,200 shares and a transaction value of 355 million [2] - Entropy Technology (301330) closed at 44.77, down 3.78% with a trading volume of 253,200 shares and a transaction value of 1.164 billion [2] - Aerospace Intelligent Equipment (300455) closed at 33.40, down 2.88% with a trading volume of 790,800 shares and a transaction value of 2.698 billion [2] Capital Flow - The computer equipment sector saw a net inflow of 591 million from institutional investors, while retail investors contributed a net inflow of 563 million [2] - Speculative funds experienced a net outflow of 1.155 billion [2] Individual Stock Capital Flow - China Great Wall (000066) had a net inflow of 472 million from institutional investors, while retail investors saw a net outflow of 228 million [3] - Jiayuan Technology (301117) had a net inflow of 246 million from institutional investors, with a net outflow of 29.3 million from retail investors [3] - Hikvision (002415) recorded a net inflow of 214 million from institutional investors, while retail investors had a net outflow of 184 million [3]

Group 1 - The A-share market saw strong performance in computing power concept stocks, with several companies hitting the daily limit up [1] - Hongjing Technology experienced a 20% increase, reaching a market capitalization of 13.4 billion [2] - Haitan Ruisheng and Runze Technology both rose over 14%, with market capitalizations of 11.4 billion and 150.5 billion respectively [2] Group 2 - Yihualu increased by over 13%, with a market cap of 16.9 billion and a year-to-date increase of 34.61% [2] - Senyuan Co. saw an increase of over 11%, with a market cap of 5.447 billion [2] - Other notable performers included Zhejiang Wenhulian, Dawi Technology, and People's Daily, each rising by around 10% [2]

Group 1 - The State Council's Tariff Commission decided to continue imposing anti-dumping duties on imported solar-grade polysilicon from the US and South Korea for five years starting January 14, 2026, due to potential harm to China's polysilicon industry [4] - The railway system in China will implement a new train operation schedule starting January 26, 2025, increasing the number of scheduled passenger trains to 12,130 and freight trains to 23,748, enhancing transportation capacity and efficiency [2] - The Ministry of Industry and Information Technology released an action plan for the high-quality development of industrial internet platforms from 2026 to 2028, aiming for over 450 influential platforms and a significant increase in industrial equipment connectivity [6] Group 2 - Japan's corporate bankruptcy cases reached a new high since 2013 in 2025, with 10,300 cases involving debts over 10 million yen, marking a 2.9% increase from the previous year [3] - The second China eVTOL Innovation Development Conference will be held on January 15-16, 2026, focusing on technological breakthroughs and commercialization in the electric vertical takeoff and landing aircraft sector [7] - Companies like TCL Technology and Dazhu CNC are projecting significant profit increases for 2025, with TCL expecting a net profit of 4.21 billion to 4.55 billion yuan, a year-on-year growth of 169% to 191% [8]

1月13日沪指下跌0.64%，盘后龙虎榜数据显示，机构现身45只个股龙虎榜，净买入28只，净卖出17 只。深沪股通席位出现在39只个股龙虎榜。 证券时报·数据宝统计显示，1月13日机构专用席位现身45只个股龙虎榜，合计净买入17.59亿元。个股来 看，净买入28只，净卖出17只。 机构龙虎榜净买卖个股 机构专用席位净买入金额最多的是中国卫星，该股今日收盘上涨4.17%，全天换手率为16.55%，成交额 为227.40亿元。因日振幅值达21.70%上榜龙虎榜，前五大买卖营业部中有1家机构专用席位，为买二， 合计净买入67878.45万元。同时上榜的还有沪股通专用席位，净买入1.64亿元，营业部席位合计净买入 9640.68万元。资金流向方面，该股全天资金净流出12.12亿元。 恒为科技，今日收盘上涨1.21%，全天换手率为29.77%，成交额为35.43亿元。因日换手率达29.77%上榜 龙虎榜，前五大买卖营业部中有2家机构专用席位，为买一、买二，合计净买入40360.21万元。同时上 榜的还有沪股通专用席位，净买入1.00亿元，营业部席位合计净卖出4199.49万元。资金流向方面，该股 全天资金净流出1.09 ...

Core Insights - On January 13, 2023, the Shanghai Stock Connect saw its specialized seats appear in the trading rankings of 20 stocks, indicating significant trading activity in these companies [1][2] Group 1: Net Buying Stocks - China Satellite (600118) had a net buying amount of 164.12 million yuan, with a daily increase of 4.17% and a turnover rate of 16.55% [2] - Hengwei Technology (603496) recorded a net buying of 100.21 million yuan, with a daily increase of 1.21% and a turnover rate of 29.77% [2] - Xinghuan Technology (688031) saw a net buying of 99.57 million yuan, despite a daily decrease of 0.63% and a turnover rate of 14.78% [2] - Other notable net buying stocks include Lushin Investment (600783) with 70.75 million yuan and a daily increase of 10.01%, and Guobo Electronics (688375) with 42.59 million yuan and a daily increase of 1.88% [2] Group 2: Net Selling Stocks - Shanghai Construction (600170) experienced a net selling of 73.74 million yuan, with a daily increase of 10.14% and a turnover rate of 10.89% [2] - Rongchang Biology (688331) had a net selling of 66.87 million yuan, with a significant daily increase of 20.00% and a turnover rate of 13.08% [2] - Zhongke Xingtou (688568) faced a net selling of 64.39 million yuan, with a daily increase of 6.52% and a turnover rate of 9.33% [2] - Other notable net selling stocks include Aerospace Electronics (600879) with 23.68 million yuan and a daily decrease of 10.01%, and Seli Medical (603716) with 30.54 million yuan and a daily decrease of 0.96% [2]

Group 1 - The stock of Hengwei Technology (603496) increased by 1.21% today, with a turnover rate of 29.77% and a trading volume of 3.543 billion yuan, showing a fluctuation of 12.18% [2] - Institutional investors net bought 404 million yuan, while the Shanghai Stock Connect saw a net purchase of 100 million yuan, with a total net selling of 41.995 million yuan from brokerage seats [2] - The stock has appeared on the daily trading list five times in the past six months, with an average price drop of 4.63% the day after being listed and an average decline of 4.89% over the following five days [2] Group 2 - The latest margin trading data shows that the stock's margin balance is 826 million yuan, with a financing balance of 826 million yuan and a securities lending balance of 24,840 yuan [3] - In the past five days, the financing balance increased by 210 million yuan, representing a growth of 34.16%, while the securities lending balance rose by 9,140 yuan, marking an increase of 58.16% [3] - For the first three quarters of 2025, the company reported a revenue of 739 million yuan, a year-on-year decrease of 16.14%, and a net profit of 39.014 million yuan, down 50.16% year-on-year [3] Group 3 - The top five buying and selling brokerage seats accounted for a total transaction of 1.031 billion yuan, with buying transactions amounting to 747 million yuan and selling transactions totaling 285 million yuan, resulting in a net purchase of 462 million yuan [2] - The top buying brokerage seats included two institutional special seats, which collectively net bought 404 million yuan, while the Shanghai Stock Connect was the third-largest buying and second-largest selling seat, with a buying amount of 173 million yuan and a selling amount of 72.485 million yuan [2][4]

Core Viewpoint - Several popular AI application companies have issued risk warnings regarding their AI-related revenues and business involvement [1] Group 1: Company-Specific Insights - BlueFocus: The revenue driven by AI remains a small proportion of overall operating income [1] - Qiming Technology: The controlling shareholder, Lv Bin, and associated parties sold company shares during stock fluctuations [1] - Hengwei Technology: The company does not engage in AI-related business [1] - Hand Information: The AI products and services business is still in its early stages [1] - Guangyun Technology: AI-related product revenue constitutes a small percentage of total income [1] - Zhuoyi Information: AI programming products are currently in the market introduction phase [1]

（文章来源：证券时报网） 数据宝统计，截至10:44，恒为科技成交额23.26亿元，创2025年3月13日以来新高。最新股价上涨 5.33%，换手率19.43%。上一交易日该股全天成交额为2.12亿元。 据天眼查APP显示，恒为科技(上海)股份有限公司成立于2003年03月31日，注册资本32020.9243万人民 币。 ...