一、信息披露义务人依据《中华人民共和国证券法》（以下简称"《证券法》"）、 《上市公司收购管理办法》（以下简称"《收购办法》"）、《公开发行证券的公司 信息披露内容与格式准则第 15 号——权益变动报告书》（以下简称"《准则 15 号》"）及相关的法律、法规编写本报告书。 二、信息披露义务人签署本报告书已获得必要的授权和批准，其履行亦不违 反信息披露义务人章程或内部规则中的任何条款，或与之相冲突。 山石网科通信技术股份有限公司 简式权益变动报告书 上市公司名称：山石网科通信技术股份有限公司 股票上市地点：上海证券交易所科创板 股票简称：山石网科 股票代码：688030 信息披露义务人名称：国创开元股权投资基金（有限合伙） 通讯地址：苏州工业园区苏虹东路 183 号东沙湖股权投资中心 15 栋 住所：苏州工业园区苏虹东路 183 号东沙湖股权投资中心 15 栋 股份变动性质：股份减少（被动稀释及集中竞价减持，持股比例降至 5.00%） 简式权益变动报告书签署日期：2025 年 8 月 15 日 山石网科通信技术股份有限公司 简式权益变动报告书 信息披露义务人声明 三、依据《证券法》、《收购办法》的规定，本报告书 ...

Market Overview - On August 6, the Shanghai Composite Index rose by 0.45%, with the total margin trading balance reaching 2009.41 billion yuan, an increase of 9.155 billion yuan compared to the previous trading day [1] - The margin trading balance in the Shanghai market was 1023.066 billion yuan, up by 3.839 billion yuan; in the Shenzhen market, it was 979.971 billion yuan, up by 5.161 billion yuan; and in the Beijing Stock Exchange, it was 6.377 billion yuan, up by 0.155 billion yuan [1] Industry Analysis - Among the industries tracked by Shenwan, 21 industries saw an increase in margin trading balances, with the mechanical equipment industry leading with an increase of 2.043 billion yuan, followed by the electronics and defense industries with increases of 1.395 billion yuan and 1.338 billion yuan, respectively [1] Stock Performance - A total of 2104 stocks experienced an increase in margin trading balances, accounting for 56.70% of the total, with 523 stocks seeing an increase of over 5% [1] - Tianming Technology had the largest increase in margin trading balance, reaching 16.6608 million yuan, a rise of 111.76% from the previous trading day, and its stock price increased by 5.09% [1] - Other notable stocks with significant increases in margin trading balances included Yuanhang Precision and LIGONG Navigation, with increases of 86.49% and 65.40%, respectively [1] Top Gainers and Losers - Among the top 20 stocks with the largest increases in margin trading balances, the average increase in stock prices was 6.11%, with Huami New Materials, Riyue Ming, and Yuanhang Precision leading with increases of 29.96%, 19.99%, and 11.99%, respectively [2] - Conversely, stocks with the largest declines in margin trading balances included Baolijie, with a decrease of 34.99%, followed by Feng'an Co. and Anke Innovation, with declines of 33.76% and 25.58%, respectively [4][5]

Core Viewpoint - The economic situation in the second half of the year is crucial for the company's profitability, with a significant focus on the successful transition to the ASIC platform [1] Group 1 - The company's most important task this year is to achieve the ASIC platform switch [1] - The company is concerned about potential issues with R&D stability and supply chain stability, which could lead to disastrous outcomes if the ASIC switch fails [1] - The company aims to balance short-term profitability with long-term growth, indicating that a successful ASIC platform transition could lead to a "phoenix rebirth" for the company [1]

对于普遍亏损的安全公司而言，背后是巨大的成本压力，山石网科也尚未盈利。叶海强解释称，主要原因是大家搭的模型都差不多，需要大量的人去做服 务，去做研发，去做交付，而产品同质化、碎片化、低水平重复竞争，"这是一个红海"。 出品 | 搜狐科技 作者 | 梁昌均 "在DeepSeek出来之前，我们认为跟AI没关系，但DeepSeek是一次全民教育，让大家都可以做自己的大模型和智能体。"山石网科董事长兼CEO叶海强在今 天开幕的第十三届互联网安全大会期间表示。 谈及对大模型的认识，叶海强对搜狐科技表示，对它的认知会有一个规律，在DeepSeek之前，"我们认为AI是大厂华为、百度、阿里的事"。 不过，随着DeepSeek的爆火，叶海强的这一想法改变了。今年7月，这家在科创板上市的网络安全公司发布"ASIC+AI"战略，围绕自研ASIC芯片和大模型应 用进行业务重构。 "AI这件事，每个人、每家公司都得去想，但真正想明白非常难。"叶海强表示，现在国内外智能体都很热，但现在的AI商业应用，在Coding上有些效果。所 以提出AI For Process（流程），推动公司的研发流程、服务流程因AI而改变，把人给释放出来。 " ...

8月4日沪指上涨0.66%，市场两融余额为19913.13亿元，较前一交易日增加114.56亿元。 具体到个股来看，融资余额出现增长的股票有1999只，占比53.85%，其中，350股融资余额增幅超过5% 。融资余额增幅最大的是龙竹科技，该股最新融资余额1055.54万元，较前一交易日增幅达178.58%；股 价表现上，该股当日上涨5.79%，表现强于沪指；融资余额增幅较多的还有北方长龙、山石网科，融资 余额增幅分别为43.96%、36.81%。 融资余额增幅前20只个股中，从市场表现来看，平均上涨5.75%，涨幅居前的有北方长龙、金科环境、 星云股份，涨幅分别为20.00%、15.30%、14.90%。跌幅居前的有鼎佳精密、保丽洁、科力股份，跌幅 分别为4.91%、1.92%、0.83%。 融资余额增幅前20只个股 | 代码 | 简称 | 最新融资余额（万 | 较前一个交易日增减 | 当日涨跌幅（%） | 所属行业 | | --- | --- | --- | --- | --- | --- | | | | 元） | （%） | | | | 920445 | 龙竹科 技 | 1055.54 | 178.58 ...

Summary of Key Points Core Viewpoint - The recent block trade of Shanshi Network Technology on August 1 indicates significant trading activity, with a notable discount compared to the closing price, suggesting potential interest from institutional investors [2]. Trading Activity - A block trade occurred on August 1 with a volume of 310,000 shares and a transaction value of 5.0468 million yuan, at a price of 16.28 yuan, which is a 13.45% discount relative to the closing price of the day [2]. - Over the past three months, Shanshi Network has recorded a total of four block trades, amounting to 12.5512 million yuan [2]. Stock Performance - The closing price of Shanshi Network on the day of the report was 18.81 yuan, reflecting a 4.33% increase, with a turnover rate of 2.62% and a total trading volume of 87.9081 million yuan [2]. - In the last five days, the stock has increased by 5.97%, although there has been a net outflow of funds totaling 4.7042 million yuan [2]. Margin Financing - The latest margin financing balance for Shanshi Network is 52.4535 million yuan, which has increased by 2.9706 million yuan over the past five days, representing a growth rate of 6.00% [2].

Core Viewpoint - The company aims to transform its technical advantages into commercial value under the leadership of the new CEO, Ye Haiqiang, who emphasizes the need for a cultural shift towards profitability and market competitiveness [3][4][5]. Company Strategy - The company has set short to medium-term goals to reduce losses and achieve profitability while aiming to rank among the top five in the industry [4][10]. - Ye Haiqiang has introduced a departmental system requiring independent accounting for inputs and outputs, focusing on profit metrics to instill a cost-awareness culture among engineers [5][6]. - The company plans to leverage its self-developed ASIC security chips as a key driver for business growth, with the first successful chip production expected in October 2024 [7][9]. Market Positioning - The partnership with Digital China Group is seen as mutually beneficial, combining the company's technical strengths with Digital China's marketing and cost control capabilities [5][11]. - The company is focusing on key industries such as finance and telecommunications to expand its market presence and deepen customer engagement [6][10]. Product Development - The self-developed ASIC security chip, which has been in development since 2021, is expected to enhance product performance and cost-effectiveness, with a significant reduction in power consumption compared to traditional firewalls [7][9]. - The company anticipates that the application of the ASIC chip will allow for a shift in supply strategy, potentially increasing revenue by 80 million to 100 million yuan [7]. Financial Performance - In Q1 2025, the company's revenue reached 158 million yuan, with a reduced net loss of 74.41 million yuan, indicating a positive trend in financial performance [9]. - The company's gross margin is approximately 70%, with expectations for cost reductions as the transition to ASIC chips progresses [9]. Future Outlook - The company aims to enter the top five cybersecurity firms in China by 2028, with a revenue structure targeting one-third from domestic sales, one-third from overseas markets, and one-third from strategic partnerships [10]. - The integration of AI technology is expected to further enhance the company's business growth and operational efficiency [10][11].

Summary of Key Points Core Viewpoint - The recent block trade of Shanshi Network Technology on July 31 involved a transaction of 150,000 shares at a price of 16.00 yuan, representing an 11.26% discount compared to the closing price of the day [2] Trading Activity - The total transaction amount for the block trade was 2.4 million yuan [2] - Over the past three months, Shanshi Network has recorded three block trades with a cumulative transaction value of 7.5044 million yuan [2] Stock Performance - The closing price of Shanshi Network on the day of the block trade was 18.03 yuan, reflecting a 0.39% increase [2] - The stock's turnover rate for the day was 1.82%, with a total trading volume of 59.8074 million yuan [2] - There was a net outflow of 7.0381 million yuan in main funds throughout the day, and over the past five days, the stock has increased by 3.86% with a total net outflow of 5.5201 million yuan [2] Margin Financing - The latest margin financing balance for Shanshi Network is 52.2518 million yuan, which has increased by 5.4706 million yuan over the past five days, marking an increase of 11.69% [2]

7月31日，山石网科大宗交易成交15万股，成交额240万元，占当日总成交额的3.86%，成交价16元，较市场收盘价18.03元折价11.26%。 | 2025-07-31 | 山石网科 | 688030 | 16 | 240 2 15 | 机构专用 | 东吴证券股份有限 公司苏州工业园区 11. 11. | | | --- | --- | --- | --- | --- | --- | --- | --- | | 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 | ...

证券代码：688030 证券简称：山石网科 公告编号：2025-055 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 关于为全资子公司提供担保的进展公告 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、准确性和完整性承担法律责任。 累计担保情况 | 对外担保逾期的累计金额（万元） | 0.00 | | --- | --- | | 截至本公告日上市公司及其控股 子公司对外担保总额（万元） | 20,000.00 | | 对外担保总额占上市公司最近一 期经审计净资产的比例（%） | 21.68 | | 特别风险提示 | □对外担保总额超过最近一期经审计净资产 | | | 100% | | | □担保金额超过上市公司最近一期经审计净 | | | 资产 50% | | | □对合并报表外单位担保金额达到或超过最 | | | 近一期经审计净资产 30%的情况下 | | | 对资产负债率超过 70%的单位提供担保 | 一、担保情况概述 （一）担保的基本情况 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"）于近 日与中信银行股 ...