Core Viewpoint - The financial performance of the company, 山石网科, shows a mixed trend with a slight increase in revenue but continued losses, indicating challenges in profitability and cash flow management [1][9][12]. Financial Performance Summary - Total revenue for the first half of 2025 reached 417 million yuan, a year-on-year increase of 9.46% [1]. - The net profit attributable to shareholders was -76.56 million yuan, improving by 4.31% compared to the previous year [1]. - The gross profit margin decreased to 69.26%, down 5.00% year-on-year, while the net profit margin improved to -18.72%, an increase of 11.52% [1]. - The company reported a significant increase in accounts receivable, which reached 1.03 billion yuan, accounting for 103.38% of total revenue [1]. Cash Flow and Debt Management - Operating cash flow per share was -0.70 yuan, a decrease of 79.89% year-on-year, indicating cash flow challenges [1][11]. - The company’s total liabilities increased, with interest-bearing debt rising to 608 million yuan, a 37.75% increase [1]. - The company has a low cash flow to current liabilities ratio, with cash and cash equivalents at 225 million yuan, highlighting liquidity concerns [11]. Business Model and Strategy - The company is focusing on a "technology + ecosystem" business model to improve profitability and stabilize revenue growth [12]. - There is an emphasis on optimizing personnel and restructuring the organization to enhance operational efficiency [12][14]. - The company is actively expanding its market presence in the financial sector and exploring opportunities in new industries such as energy and overseas markets [13]. Expense Management - Total selling, general, and administrative expenses accounted for 46.58% of revenue, a decrease of 21.57% year-on-year, indicating improved cost management [1][14]. - The company has implemented measures to reduce expenses while enhancing productivity, with sales personnel productivity increasing significantly [14].

| 2025-08-27 | 山石网科 | 688030 | 18.83 414.26 | 22 | 广发证券股份有限 | 东吴证券股份有限 I may police project brown Julia while and the places | | --- | --- | --- | --- | --- | --- | --- | | 交易日期 | 证券简称 | 证券代码 | 成交价(元) 成交金额(万元) 成交量( * ) 买入营业部 | | 公司总部 | 卖出营业部 公司苏州工业园区 | 8月27日，山石网科大宗交易成交22万股，成交额414.26万元，占当日总成交额的2.49%，成交价18.83元，较市场收盘价21.57元折价12.7%。 ...

Core Viewpoint - The company, Hillstone Networks, reported a revenue of 417 million yuan for the first half of 2025, marking a year-on-year growth of 9.46% despite a slow macroeconomic recovery and intensified industry competition [1][2]. Group 1: Financial Performance - The company achieved a historical high in revenue for the first half of 2025, with 417 million yuan, reflecting a 9.46% increase year-on-year [2]. - The net profit attributable to the parent company was a loss of 76.56 million yuan, but this represented a narrowing of 4.31% compared to the previous year [2]. - The gross margin remained high at 69.26%, although it slightly decreased from the previous year, while the net profit margin increased by 2.44 percentage points year-on-year, indicating improved cost control and operational efficiency [2]. Group 2: Strategic Initiatives - The company has launched a "Dual A Strategy" focusing on self-developed ASIC security chips and AI technology, aimed at enhancing the performance and intelligence of network security products [4][5]. - The ASIC strategy aims to free up CPU computing power and improve the efficiency of security infrastructure, while the AI strategy focuses on automating complex security operations [4]. - The company has entered the mass production phase of its ASIC security chips and is actively preparing for opportunities in various sectors, including finance, energy, education, government, and telecommunications [4]. Group 3: Future Outlook - The company plans to integrate ASIC chip technology and AI capabilities into all products, aiming to redefine its domestic security product matrix and deliver comprehensive solutions characterized by "chip-defined security and AI-driven intelligence" [5].

格隆汇8月26日丨山石网科(688030.SH)发布中报，2025上半年实现营业总收入4.17亿元，同比增长 9.46%；归属母公司股东净利润-7655.72万元，较上年同期亏损减少345.16万元；基本每股收益为-0.4248 元。 ...

山石网科通信技术股份有限公司 关于公司 2025 年度"提质增效重回报"专项行动方案的半年度评估 报告 为贯彻落实科创板上市公司"提质增效重回报"专项行动的倡议，推动山石 网科通信技术股份有限公司（以下简称"公司"、"山石网科"）持续优化经营、 规范治理，重点提升公司发展质量，助力提振信心、稳定资本市场预期并积极回 报投资者，公司于 2025 年 3 月 28 日发布了 2025 年度"提质增效重回报"专项 行动方案（以下简称"行动方案"）。 该行动方案旨在通过持续加强自身价值创造能力，切实履行上市公司的责任 和义务，回报投资者信任，维护公司在资本市场的形象，共同促进资本市场平稳 健康发展。2025 年上半年，行动方案主要实施举措的进展及成效情况如下： 一、聚焦经营主业、提升核心竞争力 1、持续构建"科技+生态"模式，聚焦盈利能力修复 2025 年，公司持续构建"科技+生态"的合作模式，充分发挥公司强产品、 强技术的竞争优势，以"平台切换""重点行业""过亿产线""品牌转型"作为 2025 年度四大硬仗，同时加强对成本费用的管控及组织架构的动态调整，努力 把技术、服务、组织和生态的升级成果转化为收入和利润的增 ...

山石网科通信技术股份有限公司 2025 年半年度募集资金存放与实际使用情况的专项报告 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。 证券代码：688030 证券简称：山石网科 公告编号：2025-059 转债代码：118007 转债简称：山石转债 2025 年 1 月 1 日至 6 月 30 日，公司募集资金使用情况为：以募集资金直接 投入募集资金投资项目（以下简称"募投项目"）758.23 万元，收到专户理财收 益 18.03 万元，收到专户利息收入 1.57 万元，扣除专户手续费 0.01 万元。 截至 2025 年 6 月 30 日，公司累计使用募集资金 17,080.33 万元，尚未使用 的金额为 9,777.06 万元（其中专户募集资金本金 8,845.39 万元，理财收益及专户 存储累计利息扣除手续费 931.67 万元；期末专户存放的募集资金余额 5,777.06 万元，暂时补充流动资金 4,000.00 万元）。 二、募集资金存放和管理情况 （一）募集资金的管理情况 根据中国证券监督管理委员会发布的《上市 ...

证券代码：688030 证券简称：山石网科 公告编号：2025-058 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 第三届监事会第五次会议决议公告 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。 （2）公司 2025 年半年度报告的内容和格式符合法律、行政法规、中国证券 监督管理委员会和上海证券交易所的相关规定，该报告内容真实、准确、完整反 映了公司 2025 年半年度的财务状况和经营状况等事项，不存在任何虚假记载、 误导性陈述或者重大遗漏。 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 8 月 27 日刊登在上海证券交易所网站 （www.sse.com.cn）的《山石网科通信技术股份有限公司 2025 年半年度报告》 及《山石网科通信技术股份有限公司 2025 年半年度报告摘要》。 议案二、《关于公司 2025 年半年度募集资金存放与使用情况专项报告的议 案》 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" ...

[Definitions](index=4&type=section&id=Section%201%20Definitions) This section defines key terms and entities used throughout the report, covering company specifics, major shareholders, industry bodies, and cybersecurity technologies. - This section defines common terms used in the report, including the company name (**Hillstone Networks**), major shareholders (**Digital China, Alpha Achieve**, etc.), industry research institutions (**IDC, Gartner**), and cybersecurity-related technical terms (boundary security, cloud security, data security, application delivery, industrial internet, **UTM**, next-generation firewall, **WAF**, etc.)[12](index=12&type=chunk)[13](index=13&type=chunk) [Company Profile and Key Financial Indicators](index=6&type=section&id=Section%202%20Company%20Profile%20and%20Key%20Financial%20Indicators) This section provides an overview of Hillstone Networks' fundamental information, including its corporate details, contact information, stock overview, and key financial performance metrics for the reporting period. [Company Basic Information](index=6&type=section&id=I.%20Company%20Basic%20Information) This section details Hillstone Networks' fundamental information, including its official names, legal representative, addresses, and contact details, noting a change in the legal representative. Company Basic Information | Indicator | Content | | :--- | :--- | | Chinese Name | Hillstone Networks Co.,Ltd. | | Chinese Abbreviation | Hillstone Networks | | English Name | Hillstone Networks Co.,Ltd. | | Legal Representative | Ye Haiqiang (changed during the reporting period) | | Registered/Office Address | No. 181 Jingrun Road, Suzhou High-tech Zone | | Company Website | https://www.hillstonenet.com.cn | | Email | ir@hillstonenet.com | [Contacts and Contact Information](index=6&type=section&id=II.%20Contacts%20and%20Contact%20Information) This section provides contact details for the company's Board Secretary, Tang Yan, and Securities Affairs Representative, He Yuantao. Contact Information | Position | Name | Contact Address | Phone | Email | | :--- | :--- | :--- | :--- | :--- | | Board Secretary | Tang Yan | No. 181 Jingrun Road, Suzhou High-tech Zone | 0512-66806591 | ir@hillstonenet.com | | Securities Affairs Representative | He Yuantao | No. 181 Jingrun Road, Suzhou High-tech Zone | 0512-66806591 | ir@hillstonenet.com | [Changes in Information Disclosure and Document Placement Locations](index=6&type=section&id=III.%20Changes%20in%20Information%20Disclosure%20and%20Document%20Placement%20Locations) The company's designated information disclosure channels and document placement location remained unchanged during the reporting period. - The company's selected information disclosure newspaper is "**Shanghai Securities News**", the website for publishing semi-annual reports is **www.sse.com.cn**, and the company's semi-annual report placement location is Hillstone Networks, 2nd Floor, No. 181 Jingrun Road, Suzhou High-tech Zone (Board of Directors Office), with no changes during the reporting period[17](index=17&type=chunk) [Overview of Company Shares/Depositary Receipts](index=6&type=section&id=IV.%20Overview%20of%20Company%20Shares%2FDepositary%20Receipts) The company's A-shares are listed on the STAR Market of the Shanghai Stock Exchange under the stock code **688030**, with no depositary receipts. Company Stock Overview | Stock Type | Listing Exchange and Board | Stock Abbreviation | Stock Code | Previous Stock Abbreviation | | :--- | :--- | :--- | :--- | :--- | | A-shares | STAR Market, Shanghai Stock Exchange | Hillstone Networks | 688030 | None | - The company has no depositary receipts[19](index=19&type=chunk) [Company's Key Accounting Data and Financial Indicators](index=7&type=section&id=VI.%20Company's%20Key%20Accounting%20Data%20and%20Financial%20Indicators) Operating revenue grew by **9.46%** to **RMB 416.82 million**, while net loss attributable to shareholders narrowed by **4.31%** to **RMB -76.56 million**, despite a **79.89%** increase in net cash outflow from operating activities. Key Financial Indicators (January-June 2025) | Indicator | Current Reporting Period (Jan-Jun) | Prior Period | Period-on-Period Change (%) | | :--- | :--- | :--- | :--- | | Operating Revenue | RMB 416.8158 million | RMB 380.7922 million | **9.46%** | | Net Profit Attributable to Shareholders | RMB -76.5572 million | RMB -80.0087 million | **Loss narrowed by 4.31%** | | Net Cash Flow from Operating Activities | RMB -125.98 million | RMB -70.0321 million | **Net outflow expanded by 79.89%** | | R&D Investment as % of Operating Revenue | **40.40%** | 46.49% | **Decreased by 6.09 percentage points** | | Basic Earnings Per Share (RMB/share) | **-0.4248** | -0.4519 | Not applicable | | Diluted Earnings Per Share (RMB/share) | **-0.4248** | -0.4519 | Not applicable | | Basic EPS (Excluding Non-Recurring Items) (RMB/share) | **-0.4250** | -0.4835 | Not applicable | | Weighted Average Return on Net Assets (%) | **-8.66** | -7.74 | **Decreased by 0.92 percentage points** | | Weighted Average Return on Net Assets (Excluding Non-Recurring Items) (%) | **-8.66** | -8.28 | **Decreased by 0.38 percentage points** | - The net outflow of cash flow from operating activities expanded year-on-year, primarily due to reduced sales collections and lower VAT refunds for software products and government subsidies[22](index=22&type=chunk) [Non-Recurring Gains and Losses Items and Amounts](index=8&type=section&id=VIII.%20Non-Recurring%20Gains%20and%20Losses%20Items%20and%20Amounts) Total non-recurring gains and losses were **RMB 36,638.77**, with specific items including asset disposal gains, government subsidies, and entrusted investment income, while VAT refunds and tax fee returns are classified as recurring. Non-Recurring Gains and Losses Items (January-June 2025) | Non-Recurring Gains and Losses Item | Amount (RMB) | | :--- | :--- | | Gains/Losses from Disposal of Non-Current Assets | **313,517.20** | | Government Subsidies Recognized in Current P&L | **597,649.00** | | Gains/Losses from Entrusted Investments | **166,491.78** | | Other Non-Operating Income and Expenses | **-983,754.05** | | Less: Income Tax Impact | **7,485.10** | | Minority Interest Impact (After Tax) | **49,780.06** | | Total | **36,638.77** | - The company classified VAT refunds for software product sales (**RMB 12,876,096.43**) and tax fee refunds (**RMB 564,197.42**) as recurring gains and losses because they are closely related to the company's normal operations, comply with national policies, and are continuously enjoyed based on certain fixed or quantitative standards[26](index=26&type=chunk) [Management Discussion and Analysis](index=10&type=section&id=Section%203%20Management%20Discussion%20and%20Analysis) This section provides an in-depth discussion and analysis of the company's operational performance, industry landscape, core competencies, and risk factors during the reporting period. [Company's Industry and Main Business Overview](index=10&type=section&id=I.%20Company's%20Industry%20and%20Main%20Business%20Overview) The company launched its "Dual-A Strategy" (ASIC and AI) to enhance cybersecurity product performance and intelligence, covering 10 product categories and over 50 industry solutions, capitalizing on new opportunities in AI and Xinchuang despite intense market competition. - The company in 2025 officially launched its "**Dual-A Strategy**" (self-developed **ASIC security chips** and **AI technology**), aiming to enhance the performance and intelligence of cybersecurity products through deep integration of hardware and intelligent technologies, building a comprehensive security protection system[29](index=29&type=chunk) - The company's business lines now cover **10 major categories** of products and services, including infrastructure security, cloud security, data security, application security, security operations, industrial internet security, information technology application innovation, AI security, security services, and security education, forming complete solutions for over **50 industries and scenarios**[29](index=29&type=chunk) - In the first half of 2025, the cybersecurity industry faced intense competition, but **AI large models** and **Xinchuang** (information technology application innovation) brought new business opportunities and growth drivers[52](index=52&type=chunk)[55](index=55&type=chunk) - In the first quarter of 2025, the company ranked **third** in market share among major vendors in China's Unified Threat Management (UTM) hardware market, with a market share of **13.8%**[56](index=56&type=chunk) [Company's Main Business and Products](index=10&type=section&id=1.%20Company's%20Main%20Business%20and%20Products) The company offers **10 major categories** of cybersecurity products and services, including infrastructure, cloud, and data security, providing over **50 comprehensive industry solutions**. - The company's business lines now cover **10 major categories** of products and services, including infrastructure security, cloud security, data security, application security, security operations, industrial internet security, information technology application innovation, AI security, security services, and security education, forming complete solutions for over **50 industries and scenarios**[29](index=29&type=chunk) [Progress of Main Business and Products](index=10&type=section&id=2.%20Progress%20of%20Main%20Business%20and%20Products) Boundary security revenue grew **14.00%** to **RMB 311.43 million** with new Xinchuang firewalls and ASIC chip preparations, cloud security revenue increased **14.47%** to **RMB 37.94 million**, while other security businesses saw a **15.94%** revenue decline to **RMB 60.33 million**. - The boundary security business line achieved operating revenue of **RMB 311.4335 million**, a year-on-year increase of **14.00%**, accounting for **76.01%** of main business revenue[33](index=33&type=chunk) - The cloud security business line achieved operating revenue of **RMB 37.9424 million**, a year-on-year increase of **14.47%**, accounting for **9.26%** of main business revenue[35](index=35&type=chunk) - Other security business revenue was **RMB 60.3262 million**, a year-on-year decrease of **15.94%**, accounting for **14.72%** of the company's main business revenue[49](index=49&type=chunk) - In the boundary security domain, **9 new box-type Xinchuang firewalls** were released, and preparations were made for firewall products that will soon be equipped with self-developed **ASIC security chips**[33](index=33&type=chunk) - In the cloud security domain, the **Hillstone Cloud Armor Host Security Protection Platform (CNAPP) R5** version was released, adding threat protection capabilities such as **network intrusion prevention**, **Runtime Application Self-Protection (RASP)**, and **host intrusion behavior detection**[34](index=34&type=chunk) - The data security business line released the "**Hillstone Networks Data Security Governance White Paper v4.0**" and "**Hillstone Networks Data Security Decryption Manual v3.0**", and developed **4 AI-related security services**, with AI continuously empowering data security governance[40](index=40&type=chunk) - In the application security domain, the new **iWAF (Extreme Speed・Intelligent Defense)** and the **Large Model Application Firewall (MAF)**, specifically designed for large model application scenarios, were launched[44](index=44&type=chunk)[45](index=45&type=chunk) - Security services business focuses on **data security governance**, **security operations system construction**, and **AI agent development services**, with significant security projects for several large central state-owned enterprise groups successfully renewed[47](index=47&type=chunk) [(II) Operating Model](index=15&type=section&id=(II)%20Operating%20Model) The company's core operating models, encompassing sales, procurement, production, and R&D, remained stable and unchanged during the reporting period. - During the reporting period, the company's main operating models (sales, procurement, production, and R&D) did not undergo significant changes, remaining relatively reasonable and stable[51](index=51&type=chunk) [(III) Industry Overview](index=15&type=section&id=(III)%20Industry%20Overview) The cybersecurity industry showed limited recovery in H1 2025 amid fierce competition, with traditional security hardware growing at **4.55% CAGR**, data security at **6.14%**, and Xinchuang at over **30%**, while the company maintained its **third-place** ranking in the UTM hardware market. - In the first half of 2025, the cybersecurity industry still showed no clear signs of recovery, and market competition was intense; however, the National Cyberspace Administration of China issued the "**Cybersecurity Law of the People's Republic of China (Draft Amendment)**" to strengthen legal responsibilities, increasing the importance of cybersecurity and data security[52](index=52&type=chunk) China Security Hardware Market Forecast (IDC) | Indicator | 2024 Market Size (RMB billion) | 2024-2029 CAGR | 2029 Forecast Size (RMB billion) | | :--- | :--- | :--- | :--- | | Overall Security Hardware Market | **21.02** | **4.55%** | **26.2** | | Firewall Market | **14.3** | **4.9%** | **18.2** | - In 2024, the data security software market size was **RMB 7.1 billion**, a year-on-year increase of **6.14%**, making it one of the few sub-markets in the security industry with positive growth[54](index=54&type=chunk) - The Xinchuang (information technology application innovation) sector is expected to expand at a rate of over **30%** from 2025-2027[55](index=55&type=chunk) - In the first quarter of 2025, the company ranked **third** in market share among major vendors in China's Unified Threat Management (UTM) hardware market (**13.8%**), and was included in IDC's **2 categories** for "Security Operations Agents, Security Detection Agents" and all **7 sub-categories** of the "China Large Model Security Protection Market"[56](index=56&type=chunk) [Discussion and Analysis of Operations](index=17&type=section&id=II.%20Discussion%20and%20Analysis%20of%20Operations) Facing industry pressures, the company advanced its "Dual-A Strategy" and "Four Major Battles," achieving **9.46%** revenue growth to **RMB 416.82 million**, narrowing net loss by **4.31%**, and improving efficiency with a **13%** headcount reduction and **26%** increase in per-salesperson output. - The company established its "**Dual-A (ASIC+AI) Strategy**", with the **ASIC strategy** aiming to enhance security infrastructure efficiency and the **AI strategy** improving security operations efficiency through intelligent agents[59](index=59&type=chunk) - During the reporting period, the company appointed a **Chief AI Officer** internally to coordinate the top-level design and implementation of AI initiatives, achieving an R&D capacity increase of approximately **25%**[60](index=60&type=chunk) Operating Performance H1 2025 | Indicator | Amount (RMB million) | Period-on-Period Change (%) | | :--- | :--- | :--- | | Operating Revenue | **416.8158** | **9.46%** | | Net Profit Attributable to Shareholders | **-76.5572** | **Loss reduced by 4.31%** | | Net Profit Attributable to Shareholders (Excluding Non-Recurring Items) | **-76.5938** | **Loss reduced by 10.52%** | - The company's total headcount decreased by approximately **13%** year-on-year, the period expense ratio decreased by about **15 percentage points**, and per-salesperson output increased by approximately **26%** year-on-year[61](index=61&type=chunk) [Four Major Battles Progressing Orderly, Business Improvement Evident](index=17&type=section&id=1.%20Four%20Major%20Battles%20Progressing%20Orderly%2C%20Business%20Improvement%20Evident) The company's "Four Major Battles" show progress: ASIC chip mass production initiated, strong sales growth in key industries, rapid growth in data security and security operations services targeting **RMB 100 million** orders, and a brand transformation towards a global, AI-driven solution provider. - "Platform Transition": **ASIC chip mass production tape-out** has started, with capability verification points deployed in finance, healthcare, education, and government/enterprise sectors, and an independent and controllable certification evaluation report obtained from the Fifth Electronics Research Institute of the Ministry of Industry and Information Technology[63](index=63&type=chunk) - "Key Industries": The company designated finance, telecom operators, energy, and education as key industries for the year, showing **good sales growth** and securing representative project shortlists or wins[63](index=63&type=chunk) - "RMB 100 Million Product Lines": The company continues to deepen its strategic layout in security services, combining data security governance with security operations services, aiming for **over RMB 100 million** in orders for this business within three years, with rapid performance growth during the reporting period[64](index=64&type=chunk) - "Brand Transformation": Centered on the brand philosophy of "**open integration, AI empowerment, intelligent O&M**," the company is gradually transforming into a "**global brand layout + comprehensive solution provider + Dual-A (ASIC+AI) driven technology innovator**"[65](index=65&type=chunk) [Internal Cost Control and Efficiency Improvement, External Collaborative Expansion](index=18&type=section&id=2.%20Internal%20Cost%20Control%20and%20Efficiency%20Improvement%2C%20External%20Collaborative%20Expansion) The company's business unit reform led to a **26%** increase in per-salesperson output, **RMB 154 million** in channel-contributed sales (up **53%**), and a **15 percentage point** reduction in period expense ratio, demonstrating significant internal efficiency gains and external expansion. - The company deepened its business unit system, with steady growth in revenue and order volume in finance, telecom operators, and energy sectors, and per-salesperson output increasing by approximately **26%** compared to the same period last year[66](index=66&type=chunk)[67](index=67&type=chunk) - The company's Hong Kong and Macau business unit continued to maintain **rapid revenue and profit growth**, with increasing international brand influence[67](index=67&type=chunk) - The company continued to expand its channel ecosystem, with sales contracts contributed by channels amounting to approximately **RMB 154 million**, a year-on-year increase of about **53%**[67](index=67&type=chunk) - During the reporting period, the company's period expense ratio decreased by approximately **15 percentage points** year-on-year, demonstrating relatively significant achievements in cost control and profitability recovery[67](index=67&type=chunk) ["Dual-A (ASIC+AI)" Strategy Driven, Technological Innovation Drives Long-Term Growth](index=19&type=section&id=3.%20%E2%80%9CDual-A%20(ASIC%2BAI)%E2%80%9D%20Strategy%20Driven%2C%20Technological%20Innovation%20Drives%20Long-Term%20Growth) The "Dual-A Strategy" (ASIC+AI)

山石网科公告，2025年上半年营业收入4.17亿元，同比增长9.46%。归属于上市公司股东的净亏损 7655.72万元，上年同期净亏损8000.87万元。 ...

| 交易日期 | 证券简称 | 证券代码 | 成交价(元) 成交金额(万元) 成交量(*) 买入营业部 | | | | 卖出营业部 | | --- | --- | --- | --- | --- | --- | --- | --- | | 2025-08-26 | 山石网科 | 688030 | 18 | 270 | | 海通证券股份有限 | 东吴证券股份有限 | | | | | | | | 公司深圳南山智谷 | 公司苏州工业园区 | | | | | | | | 证券营业部 | 扬富路证券营业部 | | 2025-08-26 | 山石网科 | 688030 | 18 | 201.6 | 11.2 | 万联证券股份有限 | 东吴证券股份有限 | | | | | | | | 公司上海浦东新区 | 公司苏州工业园区 | | | | | | | | 世纪大道证券营业 | 扬富路证券营业部 | | | | | | | | ਸ਼ਹਿ | | 8月26日，山石网科大宗交易成交26.2万股，成交额471.6万元，占当日总成交额的6.26%，成交价18元，较市场收盘价22.15元折价18.74%。 ...