Group 1 - The total margin balance of the STAR Market reached 227.46 billion yuan on August 29, an increase of 2.82 billion yuan compared to the previous trading day [1] - The financing balance amounted to 226.70 billion yuan, increasing by 2.83 billion yuan from the previous trading day, while the margin short balance decreased by 0.06 billion yuan to 0.76 billion yuan [1] - A total of 343 stocks on the STAR Market experienced net financing purchases, with 28 stocks having net purchases exceeding 50 million yuan [1] Group 2 - Semiconductor Manufacturing International Corporation (SMIC) topped the list with a net financing purchase of 523 million yuan [1] - Other notable stocks with significant net financing purchases include Lattice Semiconductor, BeiGene, Haiguang Information, Daqo New Energy, and Ambow Education [1]

| 代码 | 简称 | 最新融资余额 | 融资余额环比增 | 最新融券余额 | 融券余额环比增 | 当日涨跌幅 | | --- | --- | --- | --- | --- | --- | --- | | | | (万元） | 减（%） | (万元） | 减（%） | （%） | | 688310 | 迈得 | 10234.08 | 41.95 | 0.00 | | -6.24 | | | 医疗 | | | | | | | 688652 | 京仪 | 24692.66 | 32.05 | 74.84 | -5.18 | -0.53 | | | 装备 | | | | | | | 688168 | 安博 | 42485.45 | 28.86 | 0.00 | | 3.64 | | | 通 | | | | | | | 688300 | 联瑞 | 26522.14 | 26.29 | 181.35 | -2.12 | -7.40 | | | 新材 | | | | | | | 688787 | 海天 | 36290.04 | 25.93 | 0.00 | | -5.39 | | | 瑞声 | | | | | | | ...

Core Insights - Company reported a significant revenue increase of 123.98% year-on-year, reaching 429 million yuan, primarily driven by breakthroughs in the security artificial intelligence business [1] - Despite the revenue growth, the company experienced a net loss of 109 million yuan, which is an increase of 77.52% compared to the previous year [1] Financial Performance - Revenue for the first half of 2025 was 429 million yuan, showing a year-on-year growth of 123.98% [1] - Net profit loss expanded to 109 million yuan, reflecting a year-on-year increase of 77.52% [1] - Sales expenses surged to 362 million yuan, a staggering increase of 739.30%, accounting for 84.38% of total revenue, mainly due to increased channel consulting fees during new business expansion [1] - Research and development expenses decreased to 63 million yuan, down 12.32% year-on-year, with the number of R&D personnel dropping from 207 to 105 [1] Strategic Developments - The company has upgraded its strategy to become a builder of secure computing power ecosystems in the AI era, focusing on expanding its security AI product categories [1] - New products include computing power gateways, heterogeneous orchestration scheduling platforms, and ultra-quiet liquid-cooled intelligent computing integrated machines [1] - The company launched an AI delivery architecture centered around the Luban security large model [1] Management Changes - The company’s board secretary, Ms. Dan Chen, resigned on August 21 for personal reasons and will no longer hold any position, while her 19,000 shares remain unchanged [1] - Chairman Zhong Zhu is temporarily taking over the duties of the board secretary [1]

据证券之星公开数据整理，近期安博通（688168）发布2025年中报。截至本报告期末，公司营业总收入 4.29亿元，同比上升123.98%，归母净利润-1.09亿元，同比下降77.53%。按单季度数据看，第二季度营 业总收入1.2亿元，同比下降10.65%，第二季度归母净利润-6015.9万元，同比下降129.3%。本报告期安 博通三费占比上升明显，财务费用、销售费用和管理费用总和占总营收同比增幅达94.33%。 本次财报公布的各项数据指标表现一般。其中，毛利率88.05%，同比增42.08%，净利率-28.81%，同比 增14.38%，销售费用、管理费用、财务费用总计4.22亿元，三费占营收比98.5%，同比增94.33%，每股 净资产13.21元，同比减13.71%，每股经营性现金流-2.68元，同比减12.8%，每股收益-1.42元，同比减 77.5% | 项目 | 2024年中报 | 2025年中报 | 同比增幅 | | --- | --- | --- | --- | | 营业总收入(元) | 1.91亿 | 4.29 Z | 123.98% | | 归母净利润(元) | -6130.76万 | -1 ...

Summary of the Conference Call for Anbotong Company Overview - **Company**: Anbotong - **Industry**: Cybersecurity and AI Solutions Key Points and Arguments Financial Performance - Anbotong reported a revenue of 429 million yuan in the first half of 2025, representing a year-on-year growth of 123.98% driven by strong performance in the new security AI product line [2][3] - The company expects to maintain an annual gross margin of around 60% for 2025, significantly improved due to the abandonment of low-margin, high-risk projects [21] Strategic Developments - Anbotong has shifted its strategy to focus on high-margin projects, particularly in the AI and cybersecurity sectors, abandoning low-margin government projects [4][13] - The company has established the Luban AI Research Institute and launched the Yicai AI interaction architecture to enhance its influence in the AI security field [3][17] Product Innovations - Anbotong has applied for 24 new patents, received 13 invention patents, and obtained 52 software registrations, indicating a strong commitment to R&D [2][3] - The company has launched several products based on domestic chips, including an all-in-one machine and a liquid-cooled desktop silent all-in-one machine [5][6] Collaborations and Partnerships - Anbotong is collaborating with domestic chip manufacturer Jiangyuan to develop AI computing centers, with ongoing projects in Hubei and plans for deployment in Shandong [5][9] - The company has signed long-term cooperation projects in Japan and is expanding its security business in Malaysia and Indonesia [9] Market Position and Future Outlook - Anbotong is positioning itself as a key player in the integration of AI and cybersecurity, with a focus on enhancing operational efficiency for clients [17][19] - The company is actively exploring opportunities in the low-altitude economy, focusing on computing and network scheduling rather than the aircraft itself [20] Shareholder Developments - The chairman's transfer of approximately 5.6% of shares, locked for 18 months, is viewed positively by the market as it brings in supportive business resources [7][8] Challenges and Risks - The company has faced delays in project approvals, particularly in Shandong, which may impact timelines for revenue generation from certain projects [5][14] - Anbotong's cybersecurity business has seen a decline year-on-year, attributed to the strategic decision to exit low-margin projects [13] International Expansion - Anbotong's Hong Kong branch is handling stablecoin RWA business, which is restricted in mainland China, indicating a strategic move to leverage international markets [9] Future Projections - While the company has achieved over 100% revenue growth in the first half of 2025, uncertainties regarding project execution may affect future guidance [22] Additional Important Information - The company is developing compliance and security detection AI agents to enhance service delivery in various sectors, including medical devices [18] - Anbotong's collaboration with major model manufacturers focuses on project applications rather than direct security needs, indicating a strategic alignment with industry leaders [19]

长江商报奔腾新闻记者徐佳 在全力开拓新业务的过程中，安博通(688168.SH)实控人向私募机构转让股份。 对于本次交易的目的，钟竹方面称主要是出于自身资金需求，白龙马3号则是基于对安博通经营基本面 及未来发展预期的认可，拟协议受让安博通部分股份。 同日安博通发布半年报，2025年上半年，公司实现营业收入4.29亿元，同比增长123.98%；归属于上市 公司股东的净利润(净利润，下同)亏损1.09亿元、扣除非经常性损益后的净利润亏损1.1亿元，同比分别 下降77.53%、76.03%。 长江商报奔腾新闻记者注意到，这已是安博通连续一年半业绩亏损。作为中国网络安全的核心系统、产 品与安全服务提供商，安博通专注网络安全核心技术和底层平台的研究、开发、销售及技术服务。2019 年9月，安博通在科创板上市。 2024年，安博通曾实现营业收入7.37亿元，同比增长34.37%；净利润和扣非净利润分别亏损1.19亿元、 1.22亿元，同比均由盈转亏。粗略计算，近一年半时间内，安博通的净利润和扣非净利润累计已分别亏 损2.28亿元、2.32亿元。 对于上半年业绩再次亏损，安博通表示，报告期内，公司聚焦战略发展方向，全力推进 ...

Core Insights - Ambo Tong (688168.SH) reported a total operating revenue of 429 million yuan for the first half of 2025, an increase of 237 million yuan compared to the same period last year, marking a 123.98% year-on-year growth and achieving five consecutive years of revenue increase [1] - The company recorded a net profit attributable to shareholders of -109 million yuan and a net cash outflow from operating activities of -206 million yuan [1] Financial Performance - The latest debt-to-asset ratio stands at 29.79% [3] - The gross profit margin is 88.05%, an increase of 26.08 percentage points compared to the same period last year, achieving three consecutive years of growth [3] - The return on equity (ROE) is -10.72% [3] - The diluted earnings per share are -1.42 yuan [3] - The total asset turnover ratio is 0.27 times, an increase of 0.15 times year-on-year, achieving two consecutive years of growth, with a year-on-year increase of 122.57% [3] - The inventory turnover ratio is 1.05 times, an increase of 0.32 times compared to the same period last year, reflecting a year-on-year growth of 43.08% [3] Shareholder Information - The number of shareholders is 5,167, with the top ten shareholders holding a total of 34.7066 million shares, accounting for 45.16% of the total share capital [3] - The top ten shareholders and their holdings are as follows: - Zhong Zhu: 23.6 million shares - Shihezi Qisheng Equity Investment Partnership (Limited Partnership): 11.3 million shares - Huang Zhiwei: 2.35 million shares - Ye Zhengrong: 1.46 million shares - Yuanyang (Shenzhen) Asset Management Co., Ltd. - Yuan Zhuo Shunying No. 1 Private Securities Investment Fund: 1.45 million shares - Huang Tuo Rao: 1.16 million shares - Wen Hongbiao: 1.05 million shares - Lin Jinpei: 0.98 million shares - Yang Junwu: 0.91 million shares - Li Yanhong: 0.78 million shares [3]

Core Insights - The company reported a significant revenue increase of 124% year-on-year, reaching 429 million yuan in the first half of 2025 [1] - The company achieved a reduction in operating costs by 29.62%, indicating effective cost control measures [1] - The company made notable advancements in its strategic focus on "security, computing power, and AI" [1] Financial Performance - Revenue for the first half of 2025 was 429 million yuan, marking a 124% increase compared to the previous year [1] - The per capita output reached 1.56 million yuan [1] Product Development and Innovation - The company successfully developed five core products that were included in the China Academy of Information and Communications Technology's "AI + Cybersecurity Product Capability Map" [1] - New AI-related products such as "Compliance Intelligent Agent" and "Security Detection Intelligent Agent" were launched [1] - The company achieved breakthroughs in key technology areas including zero trust architecture, data security, and cloud security [1] Strategic Partnerships and Global Expansion - The company signed cooperation agreements with multiple international institutions, indicating progress in its global expansion strategy [1]

Core Insights - Anbo Tong (688168.SH) released its semi-annual report for 2025 on August 26, 2025, indicating that institutional investors hold a total of 9.8951 million shares, accounting for 12.88% of the total share capital [1] Institutional Holdings - As of August 25, 2025, three institutional investors disclosed their holdings in Anbo Tong, with a combined shareholding of 9.8951 million shares, representing 12.88% of the total share capital [1] - The institutional investors include Shihezi City Lengsheng Equity Investment Partnership (Limited Partnership), Yuanfeng (Shenzhen) Asset Management Co., Ltd. - Yuanfeng Shunying No. 1 Private Securities Investment Fund, and GF Reform Mixed Fund [1] - Compared to the previous quarter, the total institutional holding percentage decreased by 0.83 percentage points [1] Public Fund Holdings - During this period, one public fund, Huazheng Zhongzheng 1000 Index Enhanced A, was not disclosed compared to the previous quarter [1]

证券代码：688168 证券简称：安博通 公告编号：2025-029 北京安博通科技股份有限公司 关于持股 5%以上股东拟协议转让部分股份暨权益 变动的提示性公告 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。 重要内容提示： 本协议经各方依法签署并生效，甲方在规定的信息披露时限内进行披露。 各方向上海证券交易所提交关于目标股份转让合规性的确认申请，且本次股 份转让已经取得上海证券交易所就本次股份转让出具的确认文件。 公司收到控股股东、实际控制人钟竹先生的通知，钟竹先生于 2025 年 8 月 投资基金"）签署了《股份转让协议》，钟竹先生拟将其持有的 4,304,000 股公 司股份以 72.00 元/股的价格转让给一三一白龙马 3 号私募证券投资基金，占公司 总股本的 5.60%。本次转让完成后，公司控股股东、实际控制人未发生变化。本 次股权转让后部分资金出借给公司用于公司发展。 本次权益变动前后，各方持有公司股份情况如下： | 股东名称 | 股份性质 | 变动前 | | 变动后 | | | | --- | --- | ...