证券代码：000070 证券简称：特发信息 公告编号：2025-50 1.公司未发现前期披露的信息存在需要更正、补充之处； 2.公司未发现近期公共媒体报道了可能或已经对本公司股票交 易价格产生较大影响的未公开重大信息； 深圳市特发信息股份有限公司 股票交易异常波动公告 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。 一、股票交易异常波动的情况介绍 深圳市特发信息股份有限公司（证券代码：000070，证券简称： 特发信息，以下简称公司）股票于 2025 年 11 月 21 日、11 月 24 日 连续两个交易日收盘价格涨幅偏离值累计超过了 20%，根据《深圳证 券交易所交易规则》的有关规定，属于股票交易异常波动情形。 二、公司关注、核实情况说明 针对公司股票交易异常波动，公司董事会进行了核查，并就有关 事项函询控股股东，对相关方进行了核实，现将相关情况说明如下： 四、上市公司认为必要的风险提示 1.经自查，公司不存在违反信息公平披露的情形。 2.董事会郑重提醒广大投资者：公司指定信息披露媒体为《证券 时报》《证券日报》《上海证券报》和巨潮资讯网（www.cnin ...

业绩方面，2025年1月-9月，特发信息实现营业收入31.84亿元，同比减少10.04%；归属净利润799.61万 元，同比增长80.75%。 声明：市场有风险，投资需谨慎。本文为AI基于第三方数据生成，仅供参考，不构成个人投资建议。 11月24日，特发信息收盘2连板涨停，沪深京交易所数据显示，截至当日收盘，特发信息报11.5元/股， 成交额17.98亿元，总市值103.54亿元，封板资金1.44亿元，2个交易日2次涨停。 异动原因 具备深圳国资背景（最终控制人为深圳市国资委）；光通信领域深耕30余年，品牌入选中国光通信最具 综合竞争力企业10强，高端MPO光连接器市占率行业前列，与三大运营商及国网、南网长期合作；积 极响应国企改革政策，推进高质量发展。 来源：市场资讯 ...

Core Points - The military information technology sector saw a significant increase of 4.63%, ranking third among concept sectors, with 102 stocks rising, including a 20% limit up for Jiuzhiyang [1][2] - Major gainers in the sector included TeFa Information, Aerospace Changfeng, and LeiKe Defense, all hitting the daily limit up, while the biggest losers were Chunzhi Technology, China Electric Xindong, and *ST Dongtong, with declines of 7.89%, 7.08%, and 6.98% respectively [1][2] Sector Performance - The military information technology sector had a net inflow of 828 million yuan from main funds, with 54 stocks receiving net inflows, and 6 stocks exceeding 100 million yuan in net inflows [2] - The top stock for net inflow was Aerospace Development, with 516 million yuan, followed by LeiKe Defense, Aerospace Changfeng, and TeFa Information, with net inflows of 341 million yuan, 228 million yuan, and 215 million yuan respectively [2] Stock Highlights - Leading stocks in terms of net inflow ratio included LeiKe Defense (44.60%), Aerospace Changfeng (29.76%), and Tianjian Technology (28.86%) [3] - Notable performers included Aerospace Development (10.00% increase), LeiKe Defense (10.02% increase), and Aerospace Changfeng (10.03% increase), all showing high turnover rates [3][4]

AI and Technology - Google has released a new image model, attracting attention in the AI sector [2] - 360, a leader in AI search, has developed the 360 Smart Brain with ten core capabilities and hundreds of detailed functions, reporting a net loss of 120 million in Q3, narrowing from mid-year losses [2] - Jiuxi Software has launched its new generation large model application management platform, Nvwa GPT, which integrates and provides capabilities for large model management and intelligent orchestration [2] Aerospace and Defense - Japan has announced the deployment of missiles in sensitive areas, impacting defense-related companies [2] - Aerospace Power, a subsidiary of the Aerospace Science and Technology Group, has seen stock performance with a recent increase [2] - China Shipbuilding Industry Group, which controls multiple defense-related companies, is the only military ship production base in South China [2] E-commerce and Retail - Alibaba's "Qianwen" app has surpassed 10 million downloads in its first week of public testing [3] - Sanjiang Shopping, the largest local supermarket chain in Zhejiang, has Alibaba as its second-largest shareholder and is involved in the sale of prepared dishes [3] - DataPort, a leading data center company, provides infrastructure solutions and serves major internet companies like Alibaba, Tencent, Baidu, and NetEase [3] Real Estate - Multiple regions have issued notifications to promote the stable and healthy development of the real estate market [5] - Everbright Jiabao, a real estate development company under Everbright Group, focuses on non-performing asset management in Zhejiang [5] Automotive - GAC Group has officially launched its all-solid-state battery pilot production line [5] - Jinlong Automobile, a major bus manufacturer, has partnered with Baidu to produce China's first commercial-grade autonomous micro-circulation vehicle [5] Renewable Energy - Guosheng Technology, a top global manufacturer of heterojunction products, is focusing on high-efficiency solar cells and has plans for a solid-state battery project [6] - Hemei Group's subsidiary is investing in a green hydrogen project with an estimated total investment of around 700 million [6] Food and Beverage - Xinhua Du, a leading e-commerce platform for liquor, has seen stock performance with a recent increase [4] - Hasi Lian, a beauty brand, is focusing on skincare products and has developed a series of medical-grade dressings [5]

Core Viewpoint - The APC Global Fiber Optic Cable Conference successfully concluded in Jiangsu, highlighting the importance of innovation and competitiveness in the fiber optic industry [1] Group 1: Company Achievements - TeFa Information (000070.SZ) won three prestigious awards at the "2025 19th Global | China Most Competitive Enterprises in Optical Communication" ceremony, including "Top 10 Most Competitive Enterprises in China Optical Communication," "Top 10 Most Competitive Enterprises in Fiber Optic Cables," and "Top 10 Most Competitive Enterprises in Optical Transmission and Network Access Equipment," marking its 19th consecutive year on the list [1] - TeFa Information's General Manager, Wu Liwen, received the "2025 Annual China Optical Communication Innovative Management Figure Award," recognizing his leadership and contributions to the industry [1] Group 2: Future Directions - TeFa Information aims to empower AI data center high-speed connections and strengthen the AI computing foundation, continuing to advance key technological breakthroughs in new fiber optic cables and AI optical network facilities [1] - The company is committed to accelerating the evolution of fiber optic technology towards ultra-wideband, intelligent, and green directions, constructing a comprehensive "air, land, and sea" network application [1] - TeFa Information plans to collaborate with industry chain partners to create a faster, more reliable, and greener new industrial ecosystem, providing superior connectivity solutions for global digital economic development [1]

Core Viewpoint - Alibaba-related stocks experienced a short-term surge, indicating positive market sentiment towards the sector [2] Group 1: Stock Performance - Shiji Information reached the daily limit increase, reflecting strong investor interest [2] - Other companies such as Tefa Information, Shida Group, and Xinhua Dou also saw their stocks hit the limit up [2] - Data Port, Zhi De Mai, Yi Dian Tian Xia, Guang Yun Technology, and San Jiang Shopping followed suit with price increases [2]

Core Viewpoint - The military industry sector is experiencing a significant surge, with key stocks showing strong performance, driven by a combination of increased order certainty and structural shifts towards high-end capabilities [1] Group 1: Industry Outlook - The military industry is expected to undergo a critical transformation by 2026, characterized by rigid demand, high-end structural changes, and improved financial health [1] - Five core judgments include enhanced order certainty due to the delivery of "14th Five-Year Plan" tail orders and the initiation of the "15th Five-Year Plan" [1] - Demand structure is shifting towards new combat capabilities and consumable operational capabilities [1] - Military trade is emerging as a second growth curve, opening high-end market ceilings through systematic exports [1] - Deepening military-civilian integration is expected to enable dual-use technologies in areas such as commercial aerospace and low-altitude economy [1] - Financial quality is improving, with cash flow and profitability entering an upward trajectory, shifting valuation logic from thematic speculation to fundamental pricing [1] Group 2: Investment Focus - Investment in the military sector is centered around four high-certainty directions: 1. The main battle equipment industry chain from a military trade perspective, focusing on core enterprises with assembly capabilities and overseas delivery experience [2] 2. Advanced combat fields accelerating the formation of new combat capabilities, including underwater offense and defense, unmanned clusters, network electromagnetic countermeasures, and intelligent command [2] 3. Technology-driven sectors under military-civilian integration, such as commercial aerospace and controllable nuclear fusion components, which possess both defense support and emerging industry attributes [2] 4. Reform and asset securitization, involving local state-owned enterprises acquiring quality military-related assets and central military enterprises accelerating the securitization of unlisted assets [2]

Core Insights - The A-share market is witnessing strong performance in the military industry sector, with several stocks hitting their daily limit up [1] Group 1: Stock Performance - Jiuzhiyang (300516) and Pinggao Co., Ltd. (688227) both reached a 20% increase, with market capitalizations of 9.079 billion and 5.542 billion respectively [2] - Jianglong Shipbuilding (300589) saw a rise of 16.85%, with a total market value of 8.641 billion [2] - Special Information (000070) and Longxi Co., Ltd. (600592) both achieved a 10% increase, with market caps of 9.409 billion and 10.1 billion respectively [2] - Tianhai Defense (300008) and Kunshan Intelligent (301311) increased by 7.93% and 7.41%, with market values of 14.1 billion and 5.047 billion respectively [2] - Other notable performers include China Shipbuilding Defense (600685) up 6.98% and China Shipbuilding Han Guang (300847) up 6.84% [2] Group 2: Year-to-Date Performance - Jiuzhiyang has a year-to-date increase of 49.41%, while Pinggao Co., Ltd. has surged by 89.63% [2] - Jianglong Shipbuilding has seen an 83.89% increase year-to-date [2] - Longxi Co., Ltd. has an impressive year-to-date increase of 157.27% [2] - Tianhai Defense and Kunshan Intelligent have year-to-date increases of 74.57% and 16.52% respectively [2] - Notably, Beifang Changlong (301357) has a staggering year-to-date increase of 400.90% [2]

Core Viewpoint - Shenzhen TeFa Information Co., Ltd. has approved an increase in the trading limit for aluminum futures hedging by its subsidiary, Changzhou TeFa Huayin Cable Co., Ltd., to mitigate risks from raw material price fluctuations and enhance profit stability [1][5]. Group 1: Trading Overview - The company plans to increase the trading limit for aluminum futures hedging by up to 219.07 million yuan, with the total trading amount not exceeding 603.37 million yuan, while maintaining the maximum margin of 76.86 million yuan [2][6]. - The decision was made during the board meeting held on November 19, 2025, and does not require shareholder approval [11]. Group 2: Risk Management - The hedging strategy aims to lock in raw material prices and reduce operational risks associated with price volatility [8][23]. - The company has established a comprehensive risk control framework to manage market, funding, credit, technical, operational, policy, internal control, basis, and cash flow risks associated with the hedging activities [12][13][21][22]. Group 3: Financial Impact - Engaging in aluminum futures hedging is expected to stabilize production costs and product pricing, thereby promoting steady growth in performance [23]. - The company will account for the hedging activities in accordance with relevant financial regulations and standards [23].

Core Viewpoint - The company has approved an increase in the trading limit for aluminum futures hedging business through a board meeting held on November 19, 2025 [1] Group 1 - The board of directors convened for the 24th meeting of the ninth session to discuss the proposal [1] - The proposal includes a feasibility analysis report for increasing the trading limit for aluminum futures hedging [1]