证券日报网讯2月25日，启明星辰（002439）在互动平台回答投资者提问时表示，公司管理层正带领全 体员工按照既定发展战略，积极落实各项工作，力求为股东创造价值和投资回报。关于高管增持相关事 项，公司将严格按照相关规定履行信息披露义务，请以公司在指定信息披露媒体刊登的正式公告为准。 ...

证券日报网讯 2月25日，启明星辰在互动平台回答投资者提问时表示，在当前行业普遍面临现金流压力 的背景下，公司现金储备充实，为加大技术投入、把握市场机遇、稳定人才团队提供了强大支撑和坚实 保障，构筑了突出的财务安全边际和战略主动性，使得公司能够围绕网信安全主责主业，积极布 局"AI+安全"、工业互联网安全、数据安全等新兴领域，培育新增长动能，并打造面向个人与家庭数字 安全市场的新产品，拓展新市场空间。公司已明确构建三条增长曲线的发展路径，力争通过持续创新和 业务结构调整，逐步提升长期竞争力和盈利质量。 （编辑 任世碧） ...

证券日报网讯 2月25日，启明星辰在互动平台回答投资者提问时表示，公司在2025年初就迅速跟进大模 型的技术发展，推出了"AI+安全"产品矩阵布局，抢占市场先机，多款大模型安全新产品已经在政府、 运营商、能源、金融、医疗、公安等行业持续落地项目；在数据安全领域，公司2021年提出"数据绿 洲"战略，覆盖数据对象安全、数据汇聚安全和数据流通安全，在政府、金融、医疗、制造业等行业取 得多个项目的落地并持续后期建设。公司持续保持在这些创新领域的研发投入，加快研发成果向市场转 化，相关业务进展在公司定期报告中均有披露。 （编辑 袁冠琳） ...

Group 1: Economic Resilience - The Chinese economy remains strong during the Spring Festival, with many listed companies continuing operations to meet market demand and fulfill orders [1][2][8] - Companies like LiuGong and TianNai Technology are maintaining production during the holiday to capitalize on increased demand, particularly from overseas markets [2][3] Group 2: Manufacturing Sector - Manufacturing companies are strategically scheduling production and reasonable breaks to ensure continuous delivery and meet customer needs [2][3] - LiuGong reported significant growth in industry demand, leading to a busy production schedule during the holiday [2] - TianNai Technology is also continuing production to better serve customers due to rapid market demand for its products [2] Group 3: Consumer Sector - The Spring Festival is a peak consumption period, with companies like Quanjude and Guangzhou Restaurant Group launching various marketing activities to attract customers [4][5] - Quanjude has prepared for a strong demand for New Year's Eve dinners and is implementing online and offline marketing strategies [4] - Guangzhou Restaurant Group is promoting themed activities and special menus to enhance customer engagement during the holiday [4][5] Group 4: Digital Technology Integration - Companies are leveraging digital technology to enhance traditional festive experiences, such as the fully digitalized lantern festival in Shanghai [7] - Cybersecurity firm Qihoo 360 is providing 24/7 technical support during the holiday to ensure smooth operations for clients [7] - AI service provider Zongheng Communication anticipates increased traffic and engagement on major platforms during the Spring Festival, which may positively impact its business [7] Group 5: Overseas Projects - Some companies are accelerating overseas projects during the Spring Festival, with Hongbang Biological confirming that construction is proceeding as planned in Australia and Indonesia [8]

Core Viewpoint - The company, Qiming Star (启明星辰), emphasizes its commitment to cybersecurity as its primary business, providing security solutions for various clients including government and enterprises [1] Group 1: Business Strategy - The strategic collaboration with China Mobile (中国移动) is a significant initiative for the company's business upgrade, aimed at integrating resources to enhance core competitiveness and expand market opportunities [1] - The revenue from China Mobile Group and its controlled enterprises accounted for 26.6% of the company's total revenue for the first nine months of 2025 [1] Group 2: Market Expansion - The related transactions with China Mobile consist of two parts: collaboration in expanding the government and enterprise market and addressing China Mobile's own cybersecurity needs [1] - The company is focused on improving the quality of related transactions, optimizing cost structures, and strengthening technological innovation to lay a foundation for long-term high-quality development [1]

证券日报网讯 2月12日，启明星辰在互动平台回答投资者提问时表示，公司深耕网络安全行业30年，客 户广泛覆盖政府、运营商、金融、能源等政企客户。 （文章来源：证券日报） ...

证券日报网讯 2月12日，启明星辰在互动平台回答投资者提问时表示，公司在国家法定节假日期间会安 排值班人员，根据客户要求提供远程或驻场安全运营服务，公司400售后服务热线将提供7x24小时技术 支持服务，全力保障客户业务正常运行。 （编辑 楚丽君） ...

证券日报网讯2月12日，启明星辰（002439）在互动平台回答投资者提问时表示，公司持续加强对应收 账款和回款的管理，2025年期末应收账款余额较期初下降，销售回款效率(销售回款/营业收入)显著提 升。2025年前三季度数据显示，计提坏账已呈现减少趋势。 ...

Core Viewpoint - The company, Qi Ming Xing Chen, emphasizes its commitment to cybersecurity and innovation, aiming to enhance collaboration with China Mobile and explore new growth opportunities by 2026 [1] Group 1 - The management team plans to lead all employees in focusing on cybersecurity as the main responsibility and business area [1] - The company aims to innovate and improve quality and efficiency in its operations [1] - There is a strong emphasis on deepening collaboration with China Mobile to leverage high-level security capabilities [1]

Group 1 - Zhongke Shuguang, based in Beijing, is a leading enterprise in high-performance computing, cloud computing, and big data, with a comprehensive self-developed technology system in computing infrastructure [1][29] - The company collaborates with top research institutions to develop quantum computing supporting technologies and has launched dedicated computing infrastructure for quantum computing [1][29] - Future prospects include becoming a core service provider for quantum computing industrialization, leveraging national computing network construction and quantum technology policies [1][29] Group 2 - iFlytek, located in Hefei, is a leader in intelligent voice and AI, focusing on the integration of quantum computing and AI applications [2][30] - The company aims to optimize AI model training efficiency using quantum computing's parallel processing advantages and explores quantum algorithms in various fields [2][30] - Future developments may lead to differentiated advantages in quantum intelligent interaction and optimization algorithms [2][30] Group 3 - Hengtong Optic-Electric, based in Suzhou, is a global leader in optical communication and energy interconnection, with a significant market share in quantum communication [3][31] - The company has developed quantum key distribution (QKD) equipment and has a market share of over 40% in quantum optical cables [3][31] - Future strategies include enhancing core devices and exploring the integration of quantum communication with marine communication [3][31] Group 4 - Aerospace Electronics, located in Beijing, is a core enterprise in aerospace electronic information, focusing on quantum sensing and navigation technologies [4][32] - The company develops high-precision aerospace sensors based on quantum effects and supports the construction of space-based quantum communication networks [4][32] - Future advancements may position the company as a key supplier in aerospace quantum technology applications [4][32] Group 5 - Zhongtian Technology, based in Nantong, specializes in optical cables and renewable energy, focusing on the infrastructure for quantum key distribution networks [5][34] - The company collaborates with other quantum technology firms to provide supporting equipment for quantum communication systems [5][34] - Future efforts may include the development of specialized optical devices and solutions for quantum communication [5][34] Group 6 - Huagong Technology, located in Wuhan, is a leader in laser processing and optoelectronic devices, focusing on core optical devices needed for quantum communication [6][35] - The company aims to become a key supplier of quantum communication components and explore quantum sensing technology applications [6][35] - Future developments may enhance the company's position in the quantum communication market [6][35] Group 7 - China West Electric, based in Xi'an, focuses on quantum sensing technology applications in power systems, developing high-precision monitoring sensors [7][36] - The company aims to enhance the stability and intelligence of power systems through quantum sensing technology [7][36] - Future strategies may solidify the company's core advantages in quantum monitoring and precision measurement [7][36] Group 8 - AVIC Optoelectronics, located in Luoyang, specializes in high-precision connectors and optoelectronic components for quantum communication and computing [8][37] - The company aims to support the miniaturization and integration of quantum devices through its advanced manufacturing capabilities [8][37] - Future developments may expand the company's role in the quantum technology supply chain [8][37] Group 9 - Southern Power Grid Digital, based in Guangzhou, focuses on digital power grid solutions and quantum key distribution technology in power systems [9][38] - The company aims to establish a quantum security protection system for critical power infrastructure [9][38] - Future initiatives may position the company as a benchmark in quantum security applications within the power industry [9][38] Group 10 - China Great Wall, located in Beijing, is a leader in self-controlled computing and information security, focusing on post-quantum cryptography [10][39] - The company develops solutions to ensure information system security in the quantum computing era [10][39] - Future advancements may enhance the company's offerings in quantum security solutions [10][39] Group 11 - Kehua Data, based in Xiamen, specializes in data center infrastructure and energy management, providing power solutions for quantum computing facilities [11][41] - The company aims to become a core supplier for quantum computing infrastructure as the industry grows [11][41] - Future developments may optimize energy solutions for quantum computing centers [11][41] Group 12 - State Grid Information Communication, located in Beijing, focuses on digital power and information communication, exploring quantum key distribution in power networks [12][42] - The company aims to enhance the security of power communication networks through quantum technology [12][42] - Future strategies may solidify the company's role in promoting quantum communication applications in the power sector [12][42] Group 13 - Tiantong Co., based in Haining, specializes in magnetic materials and sapphire crystals, focusing on high-performance sapphire substrates for quantum computing [13][43] - The company aims to become a key supplier of materials essential for quantum chip manufacturing [13][43] - Future developments may expand the application of quantum materials in various quantum devices [13][43] Group 14 - Shenzhou Information, a leader in financial technology, focuses on quantum key distribution in the financial sector [14][44] - The company aims to build a quantum security financial service system to protect financial data [14][44] - Future initiatives may enhance the integration of quantum technology in financial services [14][44] Group 15 - Qiming Star, located in Beijing, is a leader in network security, focusing on the development of post-quantum cryptography technologies [15][45] - The company aims to provide comprehensive network security solutions to protect against quantum computing threats [15][45] - Future advancements may position the company as a core service provider in post-quantum security [15][45] Group 16 - Electric Science Network Security, based in Chengdu, focuses on quantum security technologies, including quantum key distribution and post-quantum cryptography [16][47] - The company aims to become a key player in quantum security for critical information infrastructure [16][47] - Future developments may enhance the company's capabilities in quantum security solutions [16][47] Group 17 - Keda Guokai, located in Hefei, focuses on the intersection of quantum computing and big data, developing algorithms for quantum data processing [17][48] - The company aims to accelerate the industrialization of quantum computing technologies [17][48] - Future initiatives may open new growth opportunities in the intelligent software industry [17][48] Group 18 - Guangdong Measurement, based in Guangzhou, specializes in calibration and testing services for quantum technology products [18][49] - The company aims to ensure the measurement accuracy and stability of quantum devices [18][49] - Future developments may position the company as a core calibration service provider in the quantum technology sector [18][49] Group 19 - Dongxin Peace, located in Zhuhai, focuses on quantum key distribution technology for IoT security applications [19][50] - The company aims to enhance the security of IoT devices and data transmission through quantum technology [19][50] - Future initiatives may solidify the company's position in the quantum security market for IoT [19][50] Group 20 - Hengbao Co., based in Zhenjiang, specializes in smart cards and financial technology, focusing on quantum security in financial transactions [20][51] - The company aims to develop quantum secure payment systems to protect financial data [20][51] - Future developments may enhance the company's offerings in quantum security applications within the financial sector [20][51] Group 21 - Datang Telecom, located in Beijing, focuses on integrated circuit design and quantum communication chip development [21][52] - The company aims to support the miniaturization and integration of quantum devices through specialized chips [21][52] - Future advancements may position the company as a key supplier in the quantum chip market [21][52] Group 22 - Guomin Technology, based in Shenzhen, focuses on post-quantum cryptography for security chips in various industries [22][54] - The company aims to ensure the security of devices and data in the quantum computing era [22][54] - Future developments may enhance the company's capabilities in the quantum security chip market [22][54]