证券代码：688228 证券简称：开普云 公告编号：2025-057 开普云信息科技股份有限公司 股票交易异常波动公告 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： 开普云信息科技股份有限公司（以下简称"公司"）股票于 2025 年 8 月 25 日、8 月 26 日连续两个交易日收盘价格涨幅偏离值累计超过 30%，根 据《上海证券交易所交易规则》《上海证券交易所科创板股票异常交易实时 监控细则》的有关规定，属于股票交易异常波动情形。公司股价短期涨幅较 大，敬请投资者注意二级市场股票交易风险。 公司于 2025 年 8 月 25 日在指定信息披露媒体和上海证券交易所网站 （http://www.sse.com.cn）上披露《公司重大资产购买暨关联交易预案》《公 司发行股份购买资产并募集配套资金暨关联交易预案》等相关公告，公司拟 通过支付现金的方式购买深圳市金泰克半导体有限公司（以下简称"深圳金 泰克"）持有的南宁泰克半导体有限公司（以下简称"南宁泰克"）70%股 权、以发行股份的方式购买深圳金泰克持有的南宁 ...

Core Viewpoint - The company, Kaipu Cloud, announced a significant asset acquisition and related party transaction, intending to purchase a 30% stake in Nanning Taike from Shenzhen Jintaike and raise supporting funds through the issuance of A-shares [1] Group 1: Acquisition Details - Kaipu Cloud plans to acquire a 70% stake in Nanning Taike, with Shenzhen Jintaike transferring its operational assets related to storage products to Nanning Taike as a prerequisite for the cash transaction [1] - The storage products of Jintaike are considered to be at a leading level domestically, facilitating domestic substitution in enterprise-level DDR memory products [1] - The acquisition aims to enhance Kaipu Cloud's high-performance storage capabilities in the AI infrastructure sector, achieving a more integrated AI hardware and software layout [1] Group 2: Market Reaction - Following the announcement, Kaipu Cloud's stock experienced two consecutive trading days of a 20% limit-up, with the stock price reaching 94.75 yuan and a market capitalization of 6.397 billion yuan [1] Group 3: Financial Projections - Preliminary unaudited financial data for the transferred operational assets indicates projected revenues of 2.366 billion yuan and a net profit of 136 million yuan for 2024, with 1.313 billion yuan in revenue and 49 million yuan in net profit for the first half of 2025 [1] Group 4: Company Performance Comparison - In contrast, Kaipu Cloud's own projected revenues for 2024 are 618 million yuan, with a net profit of 20.59 million yuan, and for the first half of 2025, revenues are expected to be 160 million yuan with a net profit of 3.78 million yuan [2] - This acquisition is characterized as a "snake swallowing an elephant" scenario, indicating a significant disparity in size between the two entities involved in the transaction [2] Group 5: Shareholding Changes - The transaction includes a condition where Kaipu Cloud's controlling shareholder, Wang Min, along with other parties, will transfer a total of 20.73% of Kaipu Cloud's shares to Shenzhen Wugufengdeng Semiconductor Partnership, with a transfer price of 52.64 yuan per share, totaling 737 million yuan [2] - Post-transaction, Wugufengdeng will hold 20.73% of Kaipu Cloud, making it the second-largest shareholder after Wang Min, who will see his stake reduced from 27.48% to 21.48% [2] - To mitigate risks of a change in control, Wugufengdeng's controlling shareholder, Li Chuangfeng, has committed not to seek the position of the largest or controlling shareholder for 60 months [2]

（原标题：刚刚，20%涨停！重磅消息，来袭！） 超级赛道迎来重磅催化。 8月26日，A股国产软件概念股全线大涨，开普云、正元智慧、君逸数码强势斩获20%涨停板，另有多 只概念股大涨超10%。消息面上，全新一代中国操作系统——银河麒麟操作系统V11在"2025中国操作系 统产业大会"正式发布。 分析人士指出，在政策助力下，国产操作系统市场未来的空间巨大。据东吴证券测算，2025年中国操作 系统市场规模将达到586亿元。中国软件行业协会表示，未来5年—10年，我国软件产业规模有望保持 12%—15%的年复合增长率。 集体大涨 8月26日，A股盘中，国产软件概念股集体大涨，国产软件指数创出近10年新高，截至午间收盘，开普 云、正元智慧、君逸数码强势录得20%涨停板，天润科技、航天宏图、挖金客、ST易联众大涨超10%， 中电鑫龙、能科科技、启明信息、天融信等个股录得涨停，麒麟信安大涨超9%，广联达、润和软件涨 超8%。 消息面上，今日，"2025中国操作系统产业大会"在北京中关村国际创新中心开幕。据官方介绍，大会举 办期间将进一步展示中国操作系统在能源、水利、金融、医疗、教育等行业的最新应用案例。大会特设 银河麒麟操 ...

Group 1: Stock Performance - Huawei's supply chain stocks surged on August 26, with companies like Helitai, Cambridge Technology, and Kaipu Cloud experiencing significant gains, including Helitai's three consecutive trading limits and Cambridge Technology's two consecutive trading limits [1] - Helitai reported a price of 3.72 with a rise of 10.06%, while Cambridge Technology reached 80.17 with a 10.00% increase [1] - Kaipu Cloud's stock price increased by 20.00% to 94.75, reflecting its partnership with Huawei [1] Group 2: Company Announcements - Huawei's supply chain company Huafeng Technology announced a record net profit of 151 million yuan for the first half of the year [1] - Huawei is set to launch a new AI SSD product on August 27, aimed at addressing challenges in AI training and inference [2] - The Huawei Connect 2025 event will take place from September 18-20, 2025, focusing on the theme of "Elevating Industry Intelligence" [2] Group 3: Technological Developments - The new AI SSD from Huawei is designed to overcome the "memory wall" issue in AI training, offering large capacity and improved data throughput efficiency [3] - AI SSDs are specifically optimized for AI workloads, featuring deep customizations in performance architecture and firmware algorithms [3] - Huawei's advancements in computing, storage, and communication may enhance the efficiency of computing resource allocation, potentially accelerating the penetration of domestic computing solutions [3]

Market Overview - A-shares opened lower on August 26, with coal, gaming, steel, and photovoltaic sectors showing activity, while semiconductor, securities, and AI chip concepts declined [1] - Hong Kong's Hang Seng Index and Hang Seng Tech Index also opened lower, with tech stocks generally retreating [1] Company Performance - NIO's stock fell over 7%, while XPeng Motors dropped more than 2% [1] - Haidilao's stock decreased over 4%, with the company reporting a more than 13% decline in net profit for the first half of the year [1][10] - Pop Mart's stock rose over 3%, with the company launching new products that quickly sold out, achieving revenue of 390 million yuan in the first half of the year [9][10] Satellite Navigation Sector - The satellite navigation sector was active, with companies like Kaipu Cloud (688228) hitting a 20% daily limit increase for two consecutive trading days [3] - Media reports suggest that satellite internet licenses may be issued soon, marking a significant step for commercial operations in this field [5] - Kaipu Cloud's stock reached 94.75 yuan per share, with a market capitalization of 6.397 billion yuan [5] CPO Concept Stocks - CPO concept stocks saw repeated activity, with companies like Cambridge Technology and Longi Green Energy hitting daily limits, while Tianfu Communication and Huafeng Technology surged over 10% [7] Financial Reports - Tuowei Information reported a revenue of 1.306 billion yuan for the first half of 2025, a year-on-year decline of 24.42%, but net profit increased by 2262.83% to 78.81 million yuan [6]

Core Viewpoint - The recent surge in the stock price of Kaipu Cloud is driven by its strategic acquisition of Nanning Taike, which enhances its capabilities in AI and storage solutions, aligning with the growing demand for high-performance storage in AI model training [1][3]. Group 1: Stock Performance - Kaipu Cloud's stock opened at 94.75 CNY, marking a 20.00% increase from the previous trading day, with a trading volume of 3,543 hands and a transaction amount of 0.33 million CNY [1]. - The stock has experienced a two-day consecutive rise, totaling a 44% increase since its resumption of trading [1]. Group 2: Acquisition Details - Kaipu Cloud announced a major asset restructuring plan on August 24, proposing to acquire 70% of Nanning Taike's shares through cash payment and the remaining 30% through share issuance, along with raising matching funds [3]. - Nanning Taike is projected to generate approximately 2.366 billion CNY in revenue for 2024, which is 3.83 times that of Kaipu Cloud's revenue [3]. - The acquisition will not change the actual controller of Kaipu Cloud, ensuring stability in the leadership structure [3]. Group 3: Strategic Implications - The integration of AI and storage capabilities is expected to significantly enhance Kaipu Cloud's competitive position within the AI industry chain [3]. - The global storage market is anticipated to grow by over 20% by 2025, providing an opportunity for Kaipu Cloud to achieve substantial business growth through technological integration [3]. - The differing business models of software and hardware may pose challenges for effective integration, which will require time to validate [3].

【免责声明】本文仅代表作者本人观点，与和讯网无关。和讯网站对文中陈述、观点判断保持中立，不对所包含内容 的准确性、可靠性或完整性提供任何明示或暗示的保证。请读者仅作参考，并请自行承担全部责任。邮箱： news_center@staff.hexun.com 格隆汇8月26日｜A股开盘，沪指低开0.31%，深证成指低开0.34%，创业板指低开0.57%。盘面上，卫星 导航板块盘初活跃，开普云2连板，陕西华达20cm涨停，消息称相关部门近期将会发放卫星互联网牌 照；电力股普涨，湖南发展(000722)涨超5%，长源电力(000966)涨超4%；半导体板块调整，盛科通信跌 近8%，寒武纪、芯原股份跌超5%；白酒股普遍低开，酒鬼酒(000799)、古井贡酒(000596)跌超2%。(格 隆汇) (责任编辑：宋政 HN002) ...

Group 1 - The satellite navigation sector is experiencing significant activity, with companies like Kaipu Cloud achieving consecutive trading limits and Shaanxi Huada (301517) hitting a 20% limit up [1] - Other companies such as China Satellite (600118), Changjiang Communication (600345), and Qiming Information (002232) also opened high [1] - Recent reports indicate that relevant authorities are set to issue satellite internet licenses, which is expected to further stimulate the sector [1]

Core Viewpoint - The article discusses the acquisition plan of Kaipu Cloud Information Technology Co., Ltd. to purchase a 30% stake in Nanning Taike Semiconductor Co., Ltd. and the cash acquisition of an additional 70% stake, aiming to enhance its storage capabilities and overall business scale [1][12]. Financial Performance - From 2020 to 2023, the company's revenue grew from 301 million to 694 million yuan, but net profit fluctuated significantly, with figures of 69 million, 61 million, 98 million, and 41 million yuan respectively [5]. - In 2024, the company experienced a decline in both revenue and net profit, with revenue dropping by 10.95% to 618 million yuan and net profit halving to 21 million yuan [7]. Business Segments - The company's business is divided into four main segments: Smart Source, AI Large Models and Computing Power, AI Content Security, and Smart Government [7]. - The Smart Government segment saw a dramatic revenue decline of 60% in 2024 due to reduced government budgets and increased competition from major cloud service providers [8]. Acquisition Details - The acquisition of Nanning Taike is characterized as a "snake swallowing an elephant" deal, with Nanning Taike's revenue in 2024 reaching 2.366 billion yuan, significantly larger than Kaipu Cloud's revenue of 618 million yuan [17]. - The acquisition is expected to increase Kaipu Cloud's revenue scale by nearly four times [17]. Strategic Importance - Nanning Taike is positioned as a high-end storage product development and manufacturing base, which will enhance Kaipu Cloud's capabilities in AI computing infrastructure [14][21]. - The acquisition will allow Kaipu Cloud to quickly gain storage technology capabilities, potentially saving 2-3 years compared to independent development [20]. Market Position - The acquisition will strengthen Kaipu Cloud's position in the semiconductor storage industry, enabling it to provide a comprehensive solution from chip to application [21].

Core Viewpoint - Kaipu Cloud (688228.SH) is deepening its AI industry layout through the acquisition of 100% equity in Nanning Taike Semiconductor Co., Ltd. from Shenzhen Jintaike Semiconductor Co., Ltd. This acquisition aims to enhance its storage product business and improve profitability [1][4]. Group 1: Acquisition Details - The acquisition will be executed through cash payment and share issuance, with Kaipu Cloud purchasing 70% of Nanning Taike's equity for cash and 30% through share issuance [2]. - The total transfer price for the shares being sold by Kaipu Cloud's controlling shareholder is 7.37 billion yuan, with a share price of 52.64 yuan per share [2]. - The transaction is expected to constitute a major asset restructuring for the listed company, with Nanning Taike projected to contribute over 50% of the company's revenue in 2024 [2]. Group 2: Financial Performance - In the first half of 2025, Kaipu Cloud reported revenue of 160 million yuan, a year-on-year increase of 2.99%, and a net profit of 3.78 million yuan, up 123.05% [1][5]. - Nanning Taike's projected revenue for the first half of 2025 is 1.31 billion yuan, with a net profit of 49 million yuan [6]. - The financial data indicates that Kaipu Cloud's revenue and net profit have been declining in 2023 and 2024, but the acquisition is expected to improve its financial performance significantly [5][6]. Group 3: Strategic Implications - The acquisition will allow Kaipu Cloud to expand its business scope by adding storage product-related operations, thereby enhancing its AI hardware and software integration [1][3]. - The storage products from Shenzhen Jintaike are recognized for their domestic leadership, particularly in enterprise-level DDR memory products, which will strengthen Kaipu Cloud's position in the AI infrastructure sector [3]. - The company aims to leverage the acquisition to gain access to mature production lines and core technology reserves, facilitating a more efficient strategic layout in the industry [3].