证券代码：000066 证券简称：中国长城 公告编号：2025-011 一、关于制定《市值管理制度（试行）》的议案 为加强市值管理工作，进一步规范市值管理行为，维护公司及广大投资者特 别是中小投资者的合法权益，根据《中华人民共和国公司法》《中华人民共和国 证券法》《上市公司监管指引第 10 号——市值管理》等相关法律、行政法规、 规范性文件和《中国长城科技集团股份有限公司章程》的有关规定，结合公司实 际，制定《市值管理制度（试行）》。 审议结果：表决票 8 票，同意 8 票，反对 0 票，弃权 0 票，表决通过。 二、关于修订《采购管理制度》的议案 为加强公司采购管理工作，规范采购行为，防控采购风险，根据《中华人民 共和国招标投标法》等国家法律法规，结合公司实际，修订《采购管理制度》。 审议结果：表决票 8 票，同意 8 票，反对 0 票，弃权 0 票，表决通过。 中国长城科技集团股份有限公司 第八届董事会第十二次会议决议公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 中国长城科技集团股份有限公司第八届董事会第十二次会议通知于 2025 年 3 月 12 ...

证券代码：000066 证券简称：中国长城 公告编号：2025- 中国长城科技集团股份有限公司 关于股份回购进展情况的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 中国长城科技集团股份有限公司（以下简称"公司"）于 2024 年 12 月 27 日召开第八届董事会第九次会议，审议通过了《关于以集中竞价交易方式回购公 司股份的议案》，同意公司使用自筹资金以集中竞价交易方式回购部分公司已发 行的 A 股股份，用于实施股权激励。本次拟用于回购的资金总额不低于人民币 16,600 万元，不超过人民币 25,600 万元；回购价格不超过人民币 18.00 元/股。 回购股份期限为自董事会审议通过回购股份方案之日起不超过 6 个月。具体内 容请参阅公司于《中国证券报》《证券时报》《上海证券报》和巨潮资讯网披露 的《第八届董事会第九次会议决议公告》（2024-082 号）、《关于以集中竞价 方式回购公司股份方案的公告》（2024-086 号）、《回购报告书》（2024-087 号）。 根据《上市公司股份回购规则》《深圳证券交易所上市公司自律监管指引第 9 号——回购 ...

Investment Rating - The report maintains a "Recommended" rating for the company, indicating a potential stock price increase of over 15% relative to the benchmark index within the next 12 months [11]. Core Insights - The company is positioned as a key player in the domestic computing industry, focusing on the development of a self-reliant computing ecosystem and leveraging AI as a new growth driver. The transition towards AI and significant R&D investments are expected to support future growth [11][10]. - The company has achieved significant cost reductions and efficiency improvements through the development of a fully domestic SCADA system, which has shown a 30% decrease in procurement costs and a 41% reduction in construction time compared to traditional imported systems [4][3]. - The company has successfully adapted its products to support the DeepSeek AI model, enhancing user experience and operational efficiency through local deployment and cloud integration [5][6]. Summary by Sections Company Overview - The company is a leading domestic computer manufacturer under China Electronics, focusing on building a self-reliant computing industry system [5][11]. - The company has made significant advancements in industrial automation control systems, achieving 100% localization in its SCADA system [4]. Financial Performance - Revenue projections for 2024, 2025, and 2026 are estimated at 141.11 billion, 155.55 billion, and 171.29 billion respectively, with corresponding growth rates of 5.2%, 10.2%, and 10.1% [12][14]. - The company is expected to turn a profit by 2025, with net income projected to be 51 million and 183 million in 2025 and 2026 respectively [12][14]. Product Development - The company has launched the GF7280 V5 AI training and inference all-in-one machine, which supports various AI chip technologies and is expected to generate new business growth [6][8]. - The latest server chip, S5000C, has been integrated into the company's AI servers, significantly enhancing computational efficiency for AI applications [9][8]. Market Position - The company is collaborating with major AI chip manufacturers to expand its AI hardware business, indicating a growing market potential [6][10]. - The establishment of the "Peng-Teng" ecosystem in partnership with Huawei aims to streamline hardware and software integration, enhancing product offerings across various computing scenarios [10].

Investment Rating - The report maintains a "Recommended" rating for the company, indicating a potential stock price increase of over 15% relative to the benchmark index within the next 12 months [11]. Core Insights - The company is positioned as a key player in the domestic computing industry, focusing on the development of a self-reliant computing ecosystem and leveraging AI as a new growth driver. The transition towards AI and significant R&D investments are expected to support future growth [11][10]. - The company has achieved significant cost reductions and efficiency improvements through the development of a fully domestic SCADA system, which has shown a 30% decrease in procurement costs and a 41% reduction in construction time compared to traditional imported systems [4][3]. - The company is actively enhancing its AI hardware capabilities, with the GF7280 V5 AI training and inference all-in-one machine fully supporting the DeepSeek R1 series models, which is expected to generate new business opportunities in the government and enterprise markets [6][8]. Financial Projections - Revenue is projected to grow from 13,420 million in 2023 to 17,129 million by 2026, reflecting a compound annual growth rate (CAGR) of approximately 10.1% [12][14]. - The net profit is expected to turn positive by 2025, with a forecasted net profit of 51 million in 2025 and 183 million in 2026, following significant losses in the previous years [12][14]. - The company's price-to-sales (PS) ratio is projected to decrease from 4 in 2023 to 3 by 2026, indicating improved valuation as revenues grow [12][14]. Strategic Developments - The company is collaborating with major AI chip manufacturers to expand its AI hardware business, which is anticipated to open up new growth avenues [6][10]. - The establishment of the "Peng Teng" ecosystem in partnership with Huawei aims to streamline hardware and software integration, enhancing product offerings across various computing environments [10]. - The ongoing reforms in state-owned enterprises are expected to bolster the company's long-term development by optimizing its asset structure and enhancing control over core assets [10].

证券代码：000066 证券简称：中国长城 公告编号：2025-009 1．中国长城科技集团股份有限公司（以下简称"本公司"或"中国长城"） 本次可解除限售的股份数量为 78,796,561 股，占公司总股本 3,225,799,088 股 的 2.4427%； 2．本次解除限售股份的上市流通日期为 2025 年 2 月 21 日。 一、本次解除限售股份的基本情况 （一）本次解除限售股份取得的基本情况 经中国证券监督管理委员会（以下简称"中国证监会"）《关于中国长城科 技集团股份有限公司非公开发行股票的批复》（证监许可[2021]3926 号），本 公司于 2021 年 12 月通过非公开发行的方式向 16 名特定对象发行了人民币普通 股（A 股）285,603,151 股，新增股份于 2022 年 2 月 9 日在深圳证券交易所上 市。 | 序号 | 股东名称 | 发行股数 | 认购金额 | 限售期 | | --- | --- | --- | --- | --- | | 1 | 中国电子有限公司 | 53,724,928 | 749,999,994.88 | 36 个月 | | 2 | 中电金投控股有限公司 ...

中信建投证券股份有限公司关于 中国长城科技集团股份有限公司非公开发行 限售股份部分解除限售的核查意见 中信建投证券股份有限公司作为中国长城科技集团股份有限公司（以下简称 "中国长城、"公司"）2022 年非公开发行 A 股股票（以下简称"本次发行"）的 保荐机构，根据《证券发行上市保荐业务管理办法》、《深圳证券交易所股票上市 规则》、《深圳证券交易所上市公司自律监管指引第 1 号——主板上市公司规范运 作》等相关规定，对本次发行的部分限售股份解除限售事项进行了审慎核查，核 查的具体情况如下： 一、本次解除限售股份的基本情况 （一）本次解除限售股份取得的基本情况 经中国证券监督管理委员会（以下简称"中国证监会"）《关于中国长城科技 集团股份有限公司非公开发行股票的批复》（证监许可[2021]3926 号），中国长城 于 2021 年 12 月通过非公开发行的方式向 16 名特定对象发行了人民币普通股（A 股）285,603,151 股，新增股份于 2022 年 2 月 9 日在深圳证券交易所上市。 | 序 | 股东名称 | 发行股数 | 认购金额 | 限售期 | | --- | --- | --- | --- ...

一、回购进展情况 截至 2025 年 1 月 31 日，公司已回购数量为 7,212,800 股，占公司目前总 股本的 0.2236%，最高成交价格为 15.27 元/股，最低成交价格为 13.28 元/股， 成交总金额为 99,989,304.00 元（不含交易费用）。前述回购进展符合相关法律 法规及公司既定回购股份方案的要求。 二、其他说明 证券代码：000066 证券简称：中国长城 公告编号：2025- 008 中国长城科技集团股份有限公司 关于股份回购进展情况的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 中国长城科技集团股份有限公司（以下简称"公司"）于 2024 年 12 月 27 日召开第八届董事会第九次会议，审议通过了《关于以集中竞价交易方式回购公 司股份的议案》，同意公司使用自筹资金以集中竞价交易方式回购部分公司已发 行的 A 股股份，用于实施股权激励。本次拟用于回购的资金总额不低于人民币 16,600 万元，不超过人民币 25,600 万元；回购价格不超过人民币 18.00 元/股。 回购股份期限为自董事会审议通过回购股份方案之日起 ...

Core Viewpoint - China Great Wall (000066) is expected to report a net loss attributable to shareholders of 1.1 billion to 1.52 billion yuan for 2024, compared to a loss of 977 million yuan in the same period last year [1] Group 1: Financial Performance - The company anticipates a net loss of 1.1 billion to 1.52 billion yuan for 2024, indicating a deterioration in financial performance compared to the previous year's loss of 977 million yuan [1] - The decline in gross profit margin is attributed to intensified market competition, industry policy changes, and cyclical adjustments [1] Group 2: Business Strategy - To focus on its core business and accelerate transformation and upgrading, the company is proactively adjusting its business structure [1] - The adjustments in business structure have led to an increase in phase-related costs compared to the same period last year [1]

券中社1月15日讯，中国长城公告，预计2024年1月1日至2024年12月31日归属于上市公司股东的净利润 亏损约11亿元—15.2亿元，比上年同期下降12.56%—55.54%。 归属于上市公司股东的扣除非经常性损益后的净利润亏损约10.7亿元—14.8亿元，比上年同期增亏 25.37%—减亏9.36%。 基本每股收益亏损约0.341元—0.471元。 校对：冉燕青 ...

Financial Performance - The company expects a net loss attributable to shareholders of approximately 110,000 to 152,000 million yuan for the fiscal year 2024, representing a decline of 12.56% to 55.54% compared to the previous year's loss of 97,725 million yuan [3]. - The expected net loss after deducting non-recurring gains and losses is approximately 107,000 to 148,000 million yuan, compared to a loss of 118,047 million yuan in the previous year, indicating an increase in loss of 25.37% to a decrease in loss of 9.36% [3]. - The basic earnings per share are expected to be a loss of approximately 0.341 to 0.471 yuan, compared to a loss of 0.303 yuan in the previous year [3]. Market Conditions - The decline in profitability is attributed to intensified market competition, industry policy adjustments, and cyclical changes, leading to a decrease in gross margin [6]. Business Strategy - The company has adjusted its business structure to focus on core operations, resulting in increased costs compared to the previous year [6]. - The company maintains a strong investment in technological innovation to enhance core technology and ensure sustainable development and long-term competitiveness [6]. Asset Management - The company is conducting comprehensive asset impairment tests and has made provisions for asset impairments based on cautious principles due to external economic conditions [6]. Investor Guidance - The financial data presented is preliminary and will be detailed in the 2024 annual report, urging investors to be aware of investment risks [7].