Core Insights - The company, StarNet Ruijie, is seizing opportunities in the digital economy during the "14th Five-Year Plan" period, focusing on technological innovation as a core engine for growth [1][2] - StarNet Ruijie has achieved significant market leadership, maintaining the top position in the global thin client market and ranking first in both the Asia-Pacific and Chinese markets [1] - The company is actively involved in ICT infrastructure development and AI applications, participating in major projects and launching various innovative products across multiple sectors [1][2] Business Performance - StarNet Ruijie has a strong presence in the data center switch and enterprise switch markets, ranking among the top three in China, with a continuous 15-quarter lead in the 200G/400G switch market [1] - The company is a key player in the network supply chain for large-scale intelligent computing centers, collaborating with leading enterprises [1] Research and Development - The company invests over 13% of its annual sales revenue into R&D, with a projected R&D expenditure of 2.668 billion yuan in 2024, accounting for 15.92% of its revenue [2] - StarNet Ruijie has launched several leading products, including the AIGC high-density box switch and the TH6800G/1.6T switch, and has filed over 5,400 patents, with more than 4,300 being invention patents [2] Future Strategy - Looking ahead to the "15th Five-Year Plan," StarNet Ruijie aims to deepen its R&D innovation model, accelerate the deployment of cutting-edge technologies, and focus on creating comprehensive AI solutions for key industries [2] - The company plans to enhance collaboration with top domestic and international firms, universities, and research institutions to build an open industrial ecosystem and drive technological self-reliance [2]

（编辑 姚尧） 证券日报网讯 1月9日，星网锐捷在互动平台回答投资者提问时表示，星网锐捷旗下星网视易开展脑机 疗愈业务，基于多模态生理信号的非侵入式情绪评估模型，为心理亚健康人群提供情绪解决方案，设立 时间短，目前规模较小。后续公司会根据实际情况制定相应的发展策略。 ...

证券日报网讯 1月9日，星网锐捷在互动平台回答投资者提问时表示，股价受宏观经济环境、行业整体 趋势、资本市场波动等多种复杂因素综合影响。强化公司治理水平是市值管理的基础保障，公司认真落 实估值提升计划，全面加强规范化管理，制定《市值管理制度》等，为投资者创造良好回报。公司会根 据实际情况制定相应的发展策略。 （文章来源：证券日报） ...

Group 1 - The core point of the news is that Xingwang Ruijie experienced a decline of 5.05% in its stock price, reaching 29.92 yuan per share, with a trading volume of 8.09 billion yuan and a turnover rate of 4.52%, resulting in a total market capitalization of 175.24 billion yuan [1] - Xingwang Ruijie, established on November 11, 1996, and listed on June 23, 2010, operates in various fields including network communication, cloud terminal and payment, digital entertainment, integrated communication, vehicle networking, and wireless communication systems [1] - The company's main business revenue composition includes enterprise-level network equipment at 72.69%, communication products at 13.69%, other services at 10.02%, and network terminals at 3.60% [1] Group 2 - According to data, a fund under CICC holds a significant position in Xingwang Ruijie, with the CICC CSI 1000 Index Enhanced Fund A (017733) holding 21,500 shares, accounting for 0.69% of the fund's net value, making it the largest holding [2] - The CICC CSI 1000 Index Enhanced Fund A was established on March 14, 2023, with a latest scale of 53.541 million yuan, and has achieved a year-to-date return of 1.96%, ranking 3026 out of 5488 in its category, while its one-year return is 44.58%, ranking 1379 out of 4193 [2] Group 3 - The fund managers of CICC CSI 1000 Index Enhanced Fund A are Geng Shuaijun and Wang Yangfeng, with Geng having a tenure of 5 years and 78 days, managing assets totaling 4.295 billion yuan, achieving a best return of 53.8% and a worst return of -34.59% during his tenure [3] - Wang has a tenure of 3 years and 359 days, managing assets of 1.306 billion yuan, with a best return of 32.4% and a worst return of -15.97% during his tenure [3]

证券代码：002396 证券简称：星网锐捷 公告编号：临 2025-59 福建星网锐捷通讯股份有限公司 关于公开挂牌出售控股子公司 德明通讯（上海）股份有限公司 65%股权的公告 本公司及董事会全体成员保证公告内容真实、准确和完整，不存在虚假记载、误导性陈 述或者重大遗漏。 特别提示： 1、福建星网锐捷通讯股份有限公司（以下简称："公司""本公司" "星 网锐捷"）拟通过公开挂牌方式出售公司持有的德明通讯（上海）股份有限公司 （以下简称："德明通讯"）65%股权，本次交易完成后，公司不再持有德明通 讯股权，德明通讯将不再纳入公司合并报表的范围； 2、本次交易的受让方将通过公开挂牌的方式确定，是否构成关联交易尚不 确定； 3、根据《上市公司重大资产重组管理办法》，本次交易不构成重大资产重 组； 4、以首次挂牌价不低于经福建省人民政府国有资产监督管理委员会（以下 简称："国资委"）备案的评估结果且受让方不属于公司关联方测算，本次交易 无需提交公司股东大会审议，公司将根据挂牌转让的最终受让方和交易价格，按 照相关法律法规履行审批程序和信息披露义务； 5、本次股权转让将以公开挂牌方式进行，交易尚存在不确定性，敬请广大 ...

1月4日晚，星网锐捷（002396）发布公告，拟通过公开挂牌方式转让其持有的德明通讯(上海)股份有限 公司(以下简称"德明通讯")65%股权，交易完成后公司将不再持有德明通讯股权，后者也将退出合并报 表范围。 回溯股权渊源，星网锐捷与德明通讯的合作始于2015年。当年公司通过发行股份及支付现金的方式，以 3.22亿元的总价收购德明通讯65%股权，完成过户后德明通讯成为其控股子公司。彼时收购的核心目 的，是借助德明通讯在4G LTE市场的技术优势与客户资源，快速切入移动互联网产业链，补强公司在 无线通信领域的布局。 公告披露的财务数据显示，德明通讯近年经营保持稳定态势。2024年全年实现营业收入13.81亿元，净 利润6332万元；2025年前7个月，其营收与净利润分别达到8.84亿元和4739万元。作为一家专注于无线 通信与物联网解决方案的企业，德明通讯自成立起便确立国际化战略，业务主要面向美国等海外市场， 客户群体集中于海外地区。企查查信息显示，德明通讯成立于2003年，曾用名德明通讯(上海)有限责任 公司，注册资本1亿元，经营范围涵盖通讯及电子产品开发设计、计算机软件销售等，同时涉及货物与 技术进出口业务 ...

（记者 曾健辉） 每经AI快讯，星网锐捷1月4日晚间发布公告称，公司第七届第十七次董事会会议于2025年12月31日在 公司会议室召开。会议审议了《关于公开挂牌出售控股子公司德明通讯（上海）股份有限公司65%股权 的议案》等文件。 每经头条（nbdtoutiao）——AI泡沫破灭？美股下跌20%？量子计算颠覆加密货币？金价涨破1万美元？ 2026年华尔街和科技圈十大预测来了 ...

Core Viewpoint - The company, StarNet Ruijie (002396.SZ), plans to publicly transfer 65% of its stake in Deming Communications through the Fujian Provincial Property Exchange to enhance resource allocation efficiency and long-term value creation in response to the complex changes in the current international market environment [1] Group 1 - The company aims to improve its strategic development and resource allocation efficiency [1] - The final transaction price and counterpart will be determined based on the public listing results at the property exchange [1] - Upon completion of the transaction, the company will no longer hold any equity in Deming Communications, which will be excluded from the company's consolidated financial statements [1]

格隆汇1月4日丨星网锐捷(002396.SZ)公布，为应对当前国际市场环境的复杂变化，公司基于发展战 略，提升资源配置效率与长期价值创造能力的需求，拟通过在福建省产权交易中心公开挂牌转让公司持 有的德明通讯65%股权，最终交易价格及交易对手方以在产权交易所公开挂牌结果为准。本次交易完成 后，公司不再持有德明通讯股权，德明通讯将不再纳入公司合并报表的范围。 ...

证券代码：002396 证券简称：星网锐捷 公告编号：临 2025-59 福建星网锐捷通讯股份有限公司 关于公开挂牌出售控股子公司 德明通讯（上海）股份有限公司 65%股权的公告 本公司及董事会全体成员保证公告内容真实、准确和完整，不存在虚假记载、误导性陈 述或者重大遗漏。 5、本次股权转让将以公开挂牌方式进行，交易尚存在不确定性，敬请广大 投资者注意投资风险。 一、交易概述 （一）基本情况 为应对当前国际市场环境的复杂变化，公司基于发展战略，提升资源配 置效率与长期价值创造能力的需求，拟通过在福建省产权交易中心（以下简 称"产权交易所"）公开挂牌转让公司持有的德明通讯65%股权，最终交易 价格及交易对手方以在产权交易所公开挂牌结果为准。本次交易完成后，公 司不再持有德明通讯股权，德明通讯将不再纳入公司合并报表的范围。 特别提示： 1、福建星网锐捷通讯股份有限公司（以下简称："公司""本公司" "星 网锐捷"）拟通过公开挂牌方式出售公司持有的德明通讯（上海）股份有限公司 （以下简称："德明通讯"）65%股权，本次交易完成后，公司不再持有德明通 讯股权，德明通讯将不再纳入公司合并报表的范围； 2、本次交易的受让 ...