（文章来源：每日经济新闻） 每经AI快讯，9月17日，*ST宇顺涨停走出3连板，3天累计涨幅达15.79%。 ...

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、深圳市宇顺电子股份有限公司（以下简称"公司""本公司"）于 2025 年 4 月 30 日披露了《2024 年年度报告》，鉴于公司经审计的 2024 年度净利润、 扣除非经常性损益后的净利润均为负值且扣除后营业收入低于 3 亿元，触及了 《深圳证券交易所股票上市规则》第 9.3.1 条（一）的规定，自 2025 年 5 月 6 日起，深圳证券交易所对公司股票交易实施退市风险警示。如果公司 2025 年度 出现《深圳证券交易所股票上市规则》第 9.3.12 条规定的情形，公司股票将被终 止上市。 2、为提升公司资产质量，提高盈利能力，公司正在进行重大资产重组。本 次交易正处于开展阶段，存在审批风险，本次交易可能被暂停、中止或终止的风 险，资金筹措及偿债风险、股东收益下降的风险，商誉减值的风险，标的公司股 权的质押风险，标的公司业务经营相关等风险，具体内容请参见公司于 2025 年 9 月 13 日披露的《深圳市宇顺电子股份有限公司重大资产购买报告书（草案） （修订稿）》之"重大风险提示""第十一节 ...

New Stock Issuance - Jin Hua New Material (920015) issued at a price of 18.15[1] - Jianfa Zhixin (301584) issued at a price of 7.05[1] Market Alerts - Cash option declaration period for *ST Tianmao (000627) from September 15 to September 19, 2025[1] - 13 trading days remaining for the delisting period of Zitian Tui (300280)[1] - Severe abnormal fluctuation reported for Jishi Media (601929)[1] Other Announcements - Multiple companies including Shanghai Construction (600170) and Zhongke Shuguang (603019) have recent announcements linked[1] - Various stocks are under scrutiny for abnormal trading activities, including *ST Yu Shun (002289) and ST Huaneng (000851)[3]

Market Overview - The optical and optoelectronic sector increased by 1.06% on September 16, with Zhouming Technology leading the gains [1] - The Shanghai Composite Index closed at 3861.87, up 0.04%, while the Shenzhen Component Index closed at 13063.97, up 0.45% [1] Top Gainers in Optical and Optoelectronic Sector - Zhouming Technology (300232) closed at 8.50, up 9.54%, with a trading volume of 1.1891 million shares and a transaction value of 999.3 million [1] - Aobi Zhongguang (688322) closed at 96.40, up 8.94%, with a trading volume of 220,100 shares and a transaction value of 2.07 billion [1] - Nanji Guang (300940) closed at 29.43, up 5.90%, with a trading volume of 121,400 shares and a transaction value of 353 million [1] - Other notable gainers include Yuansheng Optoelectronics (002449), Longli Technology (300752), and Yingfeite (300582) with respective increases of 5.48%, 5.40%, and 5.18% [1] Top Losers in Optical and Optoelectronic Sector - Jiuliang Co., Ltd. (300808) closed at 30.26, down 4.21%, with a trading volume of 56,900 shares and a transaction value of 173 million [2] - Chenglai Optics (688502) closed at 406.44, down 3.82%, with a trading volume of 12,400 shares and a transaction value of 5.05 billion [2] - Other notable losers include Madaan Sensor (300701) and Woge Optoelectronics (603773) with declines of 2.32% and 1.78% respectively [2] Fund Flow Analysis - The optical and optoelectronic sector experienced a net outflow of 63.51 million from institutional investors and 145 million from speculative funds, while retail investors saw a net inflow of 208 million [2] - Major stocks like Oufei Optoelectronics (002456) and Aobi Zhongguang (688322) had significant net inflows from retail investors, while Zhouming Technology (300232) faced a net outflow from both institutional and speculative funds [3]

Core Viewpoint - *ST Yushun's stock reached the daily limit with a price of 33.31 yuan, reflecting a 5.01% increase, driven by significant asset restructuring and a strategic shift towards data center operations [1][2]. Group 1: Company Developments - The company plans to acquire 100% equity of three data center-related companies for 3.35 billion yuan, marking a major asset restructuring [2]. - This transaction signifies a strategic transformation from electronic manufacturing to data center business, aligning with national new infrastructure and digital economy development strategies [2]. - Post-transaction, the company's net profit is projected to increase significantly, with total assets rising from 405 million yuan to 6.054 billion yuan [2]. Group 2: Market Context - The market is currently focused on data center concepts, with strong governmental support for digital economy initiatives, indicating a promising future for data centers as essential infrastructure [2]. - The company has secured high-grade data center assets in Beijing and signed a 10-year service contract with leading internet firms, ensuring stable revenue [2]. - Recent institutional buying activity, as indicated by the September 10th trading data, reflects positive sentiment towards the company's transformation, despite some short-term selling on September 11th [2].

Group 1 - Sichuan Bianji Technology Co., Ltd. announced a strategic investment framework agreement with Shanghai Fengwang Industrial Co., Ltd., where Fengwang will invest 300 million yuan in Bianji Technology, expected to be completed within a 30-day exclusivity period [1] - Bianji Technology, established in July 2020, is a leading AI computing power service provider in China, operating an AI computing power cluster of no less than 20,000 P and planning to build a scale of at least 50,000 P [1] - The strategic cooperation aims to enhance industrial and capital collaboration between Fengwang and Bianji Technology, focusing on strengthening the AI computing power industry [1] Group 2 - The AI computing center is recognized as a key infrastructure for computing power in the smart era, facing challenges such as high-performance chip shortages and surging GPU demand, with policies promoting systematic high-quality development [2] - Shanghai Fengwang's major asset, *ST Yushun, is also transitioning towards new productive forces, having announced a major asset restructuring in April to acquire a computing power center with 8,000 cabinets for 3.3 billion yuan [3] - The financial performance of the target companies for acquisition shows significantly higher revenues compared to *ST Yushun, with the target's 2024 revenue projected to be 3.7 times that of *ST Yushun [3]

New Stock Issuance - New stock issuance for 联合动力 (code: 301656) at a price of 12.48 on September 15, 2025[1] - *ST天茂 (code: 000627) has a cash option declaration period from September 15 to September 19, 2025[1] - 紫天退 (code: 300280) has 14 trading days remaining until the last trading day during the delisting period[1] Market Alerts - 先导智能 (code: 300450) reported severe abnormal fluctuations[2] - 杭可科技 (code: 688006) and 新华锦 (code: 600735) have recent announcements regarding trading activities[1] - 退市整理期 for multiple stocks including *ST威尔 (code: 002058) and 新炬网络 (code: 605398) has been noted[1] Trading Insights - Significant trading activity observed in stocks like 工业富联 (code: 601138) and 景旺电子 (code: 603228) with recent announcements[1] - The report includes links to detailed announcements for various stocks, indicating ongoing market developments[1]

Group 1 - The core point of the article is that *ST Yushun plans to acquire 100% equity of three companies in the data technology sector through cash payment, which constitutes a significant asset restructuring aimed at enhancing the company's risk resistance and profitability [2][3] - The acquisition agreement was signed on July 11, 2025, and was approved by the company's board and supervisory committee, with subsequent supplementary agreements signed to clarify transaction details [2] - If the asset restructuring progresses smoothly, *ST Yushun will gain control over the target companies, significantly improving its risk resistance, sustainable development capacity, and profitability, thereby enhancing overall operational performance [3] Group 2 - The transaction is expected to enable *ST Yushun to strategically position itself in the data center sector, thereby increasing its market competitiveness [3]

Core Viewpoint - *ST Yushun (sz002289) has reached a trading limit with a price of 33.31 yuan, reflecting a 5.01% increase, driven by significant asset restructuring and a strategic shift towards data center operations [1][2]. Company Summary - The company plans to acquire 100% equity of three data center-related companies for 3.35 billion yuan, marking a major asset restructuring that signifies a strategic transition from electronic manufacturing to data center business [2]. - This acquisition is expected to enhance the company's asset scale and profitability, with the target companies projected to generate a net profit of 173 million yuan in 2024, which could significantly improve the listed company's earnings [2]. - The recent surge in the data center industry aligns with national policies supporting digital economy development, positioning *ST Yushun favorably within a rapidly growing sector [2]. Market Activity Summary - The data center sector is currently a hot market topic, with multiple stocks in the sector showing active performance, which has drawn attention to *ST Yushun's transformation [2]. - Technical analysis indicates a volatile trading environment, with institutional buying and selling activity noted on September 10 and 11, respectively, but the positive news regarding the asset restructuring has attracted more investor interest, leading to the stock's limit-up on September 15 [2]. - The company has received an inquiry letter from the Shenzhen Stock Exchange, further increasing investor focus on the restructuring process and enhancing market activity around the stock [2].

Core Viewpoint - The strategic investment framework agreement between Shanghai Fengwang and Bianji Technology aims to enhance collaboration in the artificial intelligence computing power industry, with an investment of 300 million yuan expected to be completed within 30 days [2]. Group 1: Company Developments - Bianji Technology, established on July 1, 2020, is a leading AI computing power service provider in China, currently operating an AI computing power cluster of no less than 20,000 P and planning to expand to at least 50,000 P [2]. - Bianji Technology has the capability for full-scenario topology coverage and is steadily progressing towards managing a large-scale cluster [2]. - Shanghai Fengwang's subsidiary, Yushun Electronics, is undergoing a significant asset restructuring to acquire computing power center assets, with a cash payment of 3.3 billion yuan planned [4][5]. Group 2: Market Context - The AI computing center is recognized as a critical infrastructure in the smart era, currently experiencing a high-speed construction cycle driven by policy support and market demand [3]. - The Ministry of Industry and Information Technology has emphasized the need for a systematic and high-quality development of computing power networks, indicating a favorable environment for investments in computing centers [3]. Group 3: Financial Performance - The three companies from which Yushun Electronics plans to acquire data center assets reported revenues of 735 million yuan, 815 million yuan, and 218 million yuan for the years 2023, 2024, and the first quarter of 2025, respectively, with net profits significantly exceeding Yushun Electronics' current performance [4][5]. - For instance, in 2024, Yushun Electronics' revenue was 220 million yuan, while the target companies' revenue was 3.7 times higher [5].