Market Overview - The communication services sector increased by 0.41% on November 10, with the Shanghai Composite Index closing at 4018.6, up 0.53%, and the Shenzhen Component Index closing at 13427.61, up 0.18% [1] Top Gainers in Communication Services - The top performer was "线上线下" with a closing price of 120.00, a rise of 20.00%, and a trading volume of 92,800 shares, totaling a transaction value of 2.556 billion [1] - "中富通" followed with a closing price of 16.19, up 12.67%, with a trading volume of 626,400 shares, amounting to 1.020 billion [1] - "三维通信" closed at 11.84, increasing by 3.32%, with a trading volume of 1.2125 million shares, totaling 1.422 billion [1] Top Losers in Communication Services - "广脉科技" saw a decline of 2.42%, closing at 22.62, with a trading volume of 13,200 shares and a transaction value of 30.1142 million [2] - "宜通世纪" decreased by 1.46%, closing at 6.09, with a trading volume of 249,500 shares [2] - "润建股份" fell by 1.10%, closing at 42.23, with a trading volume of 42,400 shares, totaling 1.79 billion [2] Capital Flow Analysis - The communication services sector experienced a net outflow of 103 million from institutional investors, while retail investors saw a net inflow of 130 million [2] - The top net inflow from retail investors was in "线上线下" with 162.16 million, while "中富通" had a net outflow of 133 million from institutional investors [3] - "三维通信" recorded a net inflow of 62.72 million from institutional investors, indicating strong interest despite overall sector outflows [3]

Core Insights - The communication services sector saw a rise of 0.62% on November 7, with Putian Technology leading the gains [1] - The Shanghai Composite Index closed at 3997.56, down 0.25%, while the Shenzhen Component Index closed at 13404.06, down 0.36% [1] Stock Performance - The top-performing stocks in the communication services sector included: - Yintian Technology (002544) with a closing price of 27.43, up 6.73% and a trading volume of 389,700 shares [1] - Sanwei Communication (002115) closed at 11.46, up 1.78% with a trading volume of 803,800 shares [1] - Guantong Century (300310) closed at 6.18, up 1.64% with a trading volume of 362,400 shares [1] - Major stocks that experienced declines included: - Online and Offline (656000E) closed at 100.00, down 4.03% with a trading volume of 66,100 shares [2] - Century Hengtong (301428) closed at 35.02, down 3.13% with a trading volume of 34,300 shares [2] Capital Flow - The communication services sector experienced a net outflow of 152 million yuan from institutional investors and 135 million yuan from speculative funds, while retail investors saw a net inflow of 287 million yuan [2] - Notable capital flows for specific stocks included: - Putian Technology (002544) had a net inflow of 141 million yuan from institutional investors [3] - China Mobile (600941) saw a net inflow of 45.06 million yuan from institutional investors [3] - China Telecom (601728) had a net inflow of 31.81 million yuan from retail investors [3]

Core Viewpoint - Sanwei Communication is a leading domestic supplier of wireless network optimization equipment, with a comprehensive range of products in the telecommunications equipment manufacturing and internet advertising sectors [1] Group 1: Business Performance - In Q3 2025, Sanwei Communication achieved a revenue of 7.252 billion, ranking 2nd in the industry, just behind Runjian Co., which had a revenue of 7.271 billion [2] - The company's net profit for the same period was 15.16 million, placing it 7th in the industry, with the top performer being Zhongbei Communication at 80.50 million [2] Group 2: Financial Ratios - As of Q3 2025, Sanwei Communication's debt-to-asset ratio was 43.93%, lower than the previous year's 45.13% and below the industry average of 52.90% [3] - The gross profit margin for Q3 2025 was 4.92%, an increase from 4.61% year-on-year, but still below the industry average of 15.25% [3] Group 3: Shareholder Information - As of September 30, 2025, the number of A-share shareholders increased by 27.78% to 179,200, while the average number of circulating A-shares held per shareholder decreased by 21.74% to 4,198.04 [5] - Hong Kong Central Clearing Limited emerged as the third-largest circulating shareholder, holding 8.1915 million shares as a new shareholder [5] Group 4: Executive Compensation - The chairman and general manager, Li Yuelun, received a salary of 1.35 million in 2024, reflecting an increase of 49,200 from 1.3008 million in 2023 [4]

Group 1 - The core point of the article is that Sanwei Communication (002115.SZ) reported an increase in institutional ownership in its third-quarter report for 2025, with a total of 72.48 million shares held by seven institutional investors, representing 8.94% of the total share capital, which is an increase of 2.29 percentage points from the previous quarter [1][2] Group 2 - As of October 27, 2025, the institutional investors include Zhejiang Sanwei Equity Investment Management Co., Hong Kong Central Clearing Limited, UBS AG, CICCFT3(R) from China International Capital Corporation Hong Kong Asset Management, Morgan Stanley & Co. International PLC, China International Capital Corporation, and CITIC Securities Asset Management (Hong Kong) Limited [1] - In the public fund sector, nine public funds were disclosed this period, including CSI 2000, Southern CSI 2000 ETF, Huatai-PineBridge CSI 2000 ETF, Ping An CSI 2000 Enhanced Strategy ETF, and Harvest CSI 2000 ETF [1]

Group 1 - The core point of the article is that Sanwei Communication (SZ 002115) held its 17th meeting of the 7th board of directors on October 24, 2025, to discuss various proposals, including the convening of the second extraordinary shareholders' meeting in 2025 [1] - For the first half of 2025, the revenue composition of Sanwei Communication is as follows: Internet information services account for 90.27%, communication equipment manufacturing accounts for 4.81%, communication technology services account for 4.08%, and other businesses account for 0.84% [1] - As of the time of reporting, the market capitalization of Sanwei Communication is 9.7 billion yuan [1]

Core Viewpoint - The company reported a decline in revenue for the first three quarters, while net profit showed significant growth, indicating a mixed financial performance [1] Financial Performance - The company's operating revenue for the first three quarters was 7.252 billion, a year-on-year decrease of 14.89% [1] - The net profit attributable to shareholders was 2.87 million, reflecting a year-on-year increase of 111.67% [1] - The company reported a non-recurring net loss of 10.556 million [1]

002115 三维通信股份有限公司 证券代码：002115 证券简称：三维通信 公告编号：2025－037 三维通信股份有限公司 关于调整公司及其子公司 2025 年度对外担保预计的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 特别提示： 1、根据三维通信股份有限公司（以下简称"三维通信"或"公司"）互联 网板块子公司生产经营开展的实际情况，更好地满足相关子公司的资金需求，公 司拟将对控股子公司提供的担保额度由总计不超过 194,000 万元调整至不超过 221,000 万元，其中为资产负债率低于 70%的子公司提供担保的额度不超过 88,000 万元，为资产负债率 70%以上的子公司提供担保的额度不超过 133,000 万 元，占公司 2024 年度经审计归属于母公司净资产的 105.46%。本次担保事项尚 需股东会审议通过后生效。敬请投资者充分关注担保风险。 2、对相关控股子公司简称如下： 2025 年 4 月 24 日，公司召开的第七届董事会第十五次会议审议通过了《关 于公司及其子公司 2025 年度对外担保预计的议案》，基于公司生产经营和资金 ...

002115 三维通信股份有限公司 证券代码：002115 证券简称：三维通信 公告编号：2025－038 三维通信股份有限公司 关于增加子公司保理业务额度的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 三维通信股份有限公司（以下简称"公司"）于 2025 年 4 月 24 日召开第七 届董事会第十五次会议，审议通过了《关于子公司开展保理业务的议案》。为加 快资金周转和使用效率，保障日常经营资金需求，公司子公司江西巨广网络科技 有限公司（以下简称"巨广网络"）拟与海南字跳商业保理有限公司（以下简称 "字跳保理"）就日常经营活动中产生的部分应收账款开展无追索权保理业务（非 商业性坏账担保），签署《保理业务合同》（适用于非商业性坏账担保）和《应 收账款质押协议》。巨广网络向字跳保理申请不超过人民币 3.5 亿元的保理业务 额度，董事会授权自正式签署相关合同协议之日起 12 个月内有效，并提供不超 过人民币 3.5 亿元的应收账款质押担保。具体内容详见 2025 年 4 月 28 日在公司 指定信息披露媒体和巨潮资讯网（www.cninfo.com.cn）上 ...

002115 三维通信股份有限公司 证券代码：002115 证券简称：三维通信 公告编号：2025-039 三维通信股份有限公司 关于公司使用公积金弥补亏损的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 三维通信股份有限公司（以下简称"公司"或"三维通信" ） 于 2025 年 10 月 24 日召开了第七届董事会第十七次会议， 审议通过了《关于公司使用公 积金弥补亏损的议案》。为积极推动公司高质量发展，提升投资者回报能力和水 平，保护投资者特别是中小投资者的合法权益，公司拟按照《公司法》、财政部 《关于公司法、外商投资法施行后有关财务处理问题的通知》等法律、法规及规 范性文件以及《公司章程》的相关规定使用公积金弥补亏损。该议案尚需公司股 东会审议。现将具体情况公告如下： 一、 本次使用公积金弥补亏损的基本情况 本次拟用于弥补母公司亏损的资本公积来源于股东以货币、股权等方式出资 形成的资本（股本）溢价，不属于特定股东专享或限定用途的资本公积金。 二、 导致亏损的主要原因 公司母公司亏损的主要原因，系以前年度对子公司江西巨网科技有限公司计 提长期股权投资 ...

证券代码：002115 证券简称：三维通信 公告编号：2025-040 三维通信股份有限公司 关于召开 2025 年第二次临时股东会的通知 4、会议时间： （1）现场会议时间：2025 年 11 月 13 日 14:30 （2）网络投票时间：通过深圳证券交易所系统进行网络投票的具体时间为 2025 年 11 月 13 日 9:15-9:25，9:30-11:30，13:00-15:00；通过深圳证券交易所互联网投票系统投 票的具体时间为 2025 年 11 月 13 日 9:15 至 15:00 的任意时间。 5、会议的召开方式：现场表决与网络投票相结合。 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、召开会议的基本情况 1、股东会届次：2025 年第二次临时股东会 2、股东会的召集人：董事会 3、本次会议的召集、召开符合《中华人民共和国公司法》《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》等法 律、行政法规、部门规章、规范性文件及《公司章程》的有关规定。 6、会议的股权登记日：2025 年 11 ...