转债代码：118007 转债简称：山石转债 证券代码：688030 证券简称：山石网科 公告编号：2025-052 山石网科通信技术股份有限公司 因"山石转债"实施转股价格修正条款，本公司的相关证券停复牌情况如下： | 证券代码 | 证券简称 | 停复牌类型 | 停牌起始日 | 停牌 期间 | 停牌终止日 | 复牌日 | | --- | --- | --- | --- | --- | --- | --- | | 118007 | 山石转债 | 可转债转股停牌 | 2025/7/15 | 全天 | 2025/7/15 | 2025/7/16 | 一、可转债发行上市概况 经中国证券监督管理委员会《关于同意山石网科通信技术股份有限公司向不 特定对象发行可转换公司债券注册的批复》（证监许可〔2021〕4025 号）同意注 册，山石网科通信技术股份有限公司（以下简称"公司"）于 2022 年 3 月 22 日 向不特定对象共计发行 2,674,300 张可转换公司债券，每张面值为人民币 100 元， 按面值发行，本次发行总额为人民币 26,743.00 万元，可转换公司债券期限为自发 行之日起六年。 关于向下修正"山石 ...

证券代码：688030 证券简称：山石网科 公告编号：2025-053 转债代码：118007 转债简称：山石转债 山石网科通信技术股份有限公司 关于使用自有资金支付募投项目所需资金并以募集 资金等额置换的公告 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、准确性和完整性依法承担法律责任。 经中国证券监督管理委员会《关于同意山石网科通信技术股份有限公司向不 特定对象发行可转换公司债券注册的批复》（证监许可〔2021〕4025 号）同意 注册，公司向不特定对象共计发行 2,674,300 张可转换公司债券，每张面值为 100 元，按面值发行，募集资金总额为 26,743.00 万元，扣除发行费用（不含增值税） 817.28 万元后，募集资金净额为 25,925.72 万元。上述资金已全部到位，经致同 会计师事务所（特殊普通合伙）审验并于 2022 年 3 月 30 日出具了致同验字（2022） 第 110C000170 号《验资报告》。 募集资金到账后，已全部存放于经公司董事会批准开设的募集资金专项账户 内，公司已与保荐机构、存放募集资金的商业银行中信银行 ...

北京市金杜律师事务所 关于山石网科通信技术股份有限公司 2025 年第二次临时股东大会 之法律意见书 致：山石网科通信技术股份有限公司 北京市金杜律师事务所（以下简称本所）接受山石网科通信技术股份有限公司 （以下简称公司）委托，根据《中华人民共和国证券法》（以下简称《证券法》）、 《中华人民共和国公司法》（以下简称《公司法》）、中国证券监督管理委员会（以 下简称中国证监会）《上市公司股东会规则（2025 年修订）》（以下简称《股东会规 则》）等中华人民共和国境内（以下简称中国境内，为本法律意见书之目的，不包 括中国香港特别行政区、中国澳门特别行政区和中国台湾省）现行有效的法律、行 政法规、规章、规范性文件和《山石网科通信技术股份有限公司章程》（以下简称 《公司章程》）有关规定，指派律师出席了公司于 2025 年 7 月 14 日召开的 2025 年 第二次临时股东大会（以下简称本次股东大会），并就本次股东大会相关事项出具 本法律意见书。 为出具本法律意见书，本所律师审查了公司提供的以下文件，包括但不限于： 1 1. 经公司 2023 年年度股东大会审议通过的《山石网科通信技术股份有限公 司章程》； 2. 公司 ...

证券代码：688030 证券简称：山石网科 公告编号：2025-050 转债代码：118007 转债简称：山石转债 山石网科通信技术股份有限公司 2025年第二次临时股东大会决议公告 本公司董事会及全体董事保证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、准确性和完整性依法承担法律责任。 重要内容提示： 本次会议是否有被否决议案：无 一、 会议召开和出席情况 （一） 股东大会召开的时间：2025 年 7 月 14 日 2、召集和主持情况 会议由公司董事会召集，董事长叶海强先生主持会议。 （五） 公司董事、监事和董事会秘书的出席情况 （二） 股东大会召开的地点：苏州市高新区景润路 181 号山石网科 1 楼会议室 （三） 出席会议的普通股股东、特别表决权股东、恢复表决权的优先股股东及 其持有表决权数量的情况： | 1、出席会议的股东和代理人人数 | 81 | | --- | --- | | 普通股股东人数 | 81 | | 2、出席会议的股东所持有的表决权数量 | 67,714,419 | | 普通股股东所持有表决权数量 | 67,714,419 | | 3、出席会议的股东所持有表决 ...

本公司监事会及全体监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、准确性和完整性依法承担法律责任。 证券代码：688030 证券简称：山石网科 公告编号：2025-051 转债代码：118007 转债简称：山石转债 山石网科通信技术股份有限公司 第三届监事会第四次会议决议公告 特此公告。 一、监事会会议召开情况 山石网科通信技术股份有限公司（以下简称"公司"或"山石网科"）第三 届监事会第四次会议（以下简称"本次会议"）于 2025 年 7 月 14 日以现场会议 结合电话会议方式召开，本次会议通知及相关材料已于 2025 年 7 月 4 日以电子 邮件方式送达公司全体监事。本次会议应参会监事 3 人，实际参会监事 3 人。本 次会议的召集、召开和表决程序符合《中华人民共和国公司法》等法律、法规、 规章、规范性文件和《山石网科通信技术股份有限公司章程》（以下简称"《公 司章程》"）《山石网科通信技术股份有限公司监事会议事规则》的有关规定。 表决结果：3 票同意；0 票反对；0 票弃权。 1 / 2 具体内容详见公司于 2025 年 7 月 15 日刊登在上海证券交易所网站 ...

Core Viewpoint - The article discusses the strategic transition of 山石网科 (ShanShi Network Technology) towards the development and mass production of ASIC security chips, which is a key component of its "Double A Strategy" (ASIC + AI) aimed at enhancing its product offerings and market position in the cybersecurity industry [1][2]. Group 1: ASIC Chip Development - 山石网科 has entered the preparation stage for mass production of its ASIC security chip, with plans to switch all products to the ASIC platform by 2025 [1]. - The ASIC chip, built on a 28-nanometer process, is expected to reduce hardware dependency on CPUs and play a crucial role in integrating both domestic and international markets [2]. - The company initiated its ASIC R&D strategy in 2021, successfully completed a single wafer run in October 2024, and anticipates limited market entry in Q4 of this year, with large-scale launch expected in Q1 to Q2 of next year [2]. Group 2: Market Position and Growth Potential - 山石网科 has transformed from a traditional boundary security vendor to a comprehensive security service provider with 57 products across 10 categories, becoming the third company to launch ASIC security chips after NetScreen and Fortinet [2]. - The company aims to achieve an incremental revenue of approximately 80 million to 100 million yuan annually in the financial and internet sectors through optimized product and market strategies [2]. - The cloud firewall market is projected to grow from $2.208 billion in 2021 to $10.334 billion by 2028, with a compound annual growth rate of 24.67%, highlighting the growth potential for 山石网科 in this sector [1]. Group 3: Strategic Goals and Market Outlook - The cybersecurity industry has shifted from single products to systematic services, emphasizing that security is a systemic issue rather than a singular one [3]. - 山石网科's management team aims to align its commercial value with its technological capabilities through the "Double A" strategy, focusing on maintaining existing customer purchases while expanding into new markets [3]. - The company has set 2023 to 2025 as an adjustment period to gradually reduce losses, with 2026 to 2028 designated as a transition period aimed at achieving profitability through increased market share and profit margins [4].

山石网科在上市第六年宣布推出ASIC安全专用芯片并进入量产准备阶段，计划2025年完成全部产品的 ASIC平台切换。山石网科成为了继NetScreen、Fortinet之后第三家推出ASIC安全专用芯片的网络安全公 司。(第一财经) ...

Core Viewpoint - The company has launched a new ASIC & AI strategic product line, aiming to become one of the top five security vendors in China by 2028, focusing on integrated network security solutions [1] Group 1: Product Launch and Strategy - The company introduced several new products, including next-generation firewalls and AI-driven security systems, as part of its ASIC & AI strategy [1] - The core strategy is "ASIC as the foundation, AI as the guide," which aims to drive the next generation of network security [5] - The company plans to complete the mass production of its self-developed 28nm ASIC chips by October 2023, with a full platform switch expected by mid-2024 [4][5] Group 2: Technological Innovation - The successful one-time tape-out of the ASIC chip is attributed to the company's innovative technology roots, with a history dating back to its founding by alumni from Tsinghua University [3] - The ASIC chip project, named "Venus," has been developed in four years, making the company the third globally to use ASIC chips for firewall and data encryption [4] - The new architecture design and fully domestic production process have significantly improved the performance of domestic firewalls, particularly in critical infrastructure sectors like finance and energy [4] Group 3: Market Position and Future Outlook - The company has seen a 40% year-on-year increase in profitability in its Hong Kong and Macau operations, with significant breakthroughs in government and financial sectors [9] - The strategic partnership with Digital China has enhanced the company's sales efficiency by approximately 90% and allowed for a more focused industry strategy [9] - The company anticipates a significant increase in market share and profitability following the launch of its ASIC products, with a strategic adjustment period from 2023 to 2025 and a growth phase from 2026 to 2028 [9] Group 4: AI Integration and Security Ecosystem - The company is leveraging AI technology to enhance its security operations, creating intelligent defense systems that improve efficiency and risk management [8] - The "Security AI" strategy aims to reshape the security ecosystem, covering device operation, data security, and security operations [8] - Approximately 10% of the company's research and development efforts are currently driven by AI, indicating a strong commitment to integrating AI into its product offerings [8]

Group 1 - Company announced the launch of ASIC security dedicated chips and is preparing for mass production, aiming to complete the transition to the ASIC platform for all products by 2025, which is a key part of the "Dual A Strategy" (ASIC + AI) [1] - The cloud firewall market is expected to grow from $2.208 billion in 2021 to $10.334 billion by 2028, with a compound annual growth rate of 24.67%, highlighting the company's position as a representative vendor in Gartner's security visionary quadrant [1] - The company has transformed from a traditional boundary security vendor to a comprehensive security service provider with 57 products across 10 categories, becoming the third network security company to launch ASIC security dedicated chips [2] Group 2 - The ASIC chip, built on a 28nm process, is expected to reduce hardware dependency on CPUs and is crucial for integrating both domestic and international markets [2] - The company aims to achieve an incremental revenue of approximately $8 million to $10 million annually in the financial and internet sectors through optimized product and market strategies [2] - The company has set 2023 to 2025 as an adjustment period to gradually reduce losses, with 2026 to 2028 designated as a transition period to achieve profit growth through market share increase and profit margin expansion [3]

Group 1 - The company is holding its second extraordinary general meeting of shareholders in 2025 to ensure the rights of all shareholders and maintain order during the meeting [1] - Only shareholders, their proxies, company directors, supervisors, senior management, invited lawyers, and designated personnel are allowed to attend the meeting [1][2] - Shareholders and their proxies must register at least half an hour before the meeting and present required documentation [1][2] Group 2 - The meeting will announce the number of attending shareholders and their voting rights before allowing any latecomers to participate [2] - Shareholders have the right to speak, inquire, and vote, but must adhere to the meeting's agenda and time limits for speaking [2][3] - The meeting will utilize both on-site and online voting methods, with results to be announced in a company resolution [3][4] Group 3 - The agenda includes a proposal to lower the conversion price of the "Shan Stone Convertible Bond" due to specific market conditions [4][5] - The proposal is based on the condition that the stock price has been below 85% of the conversion price for at least 15 out of 30 trading days [4][5] - The board of directors seeks authorization to handle the necessary adjustments related to the bond conversion price [5]