通过天眼查大数据分析，启明星辰信息技术集团股份有限公司共对外投资了10家企业，参与招投标项目 151次，知识产权方面有商标信息157条，专利信息324条，此外企业还拥有行政许可9个。 来源：金融界 启明星辰最新一期业绩显示，截至2025一季报，公司营业总收入6.41亿元、同比减少30.54%，归属净利 润159.71万元，同比增长101.41%，扣非净利润5147.11万元，同比减少7.47%，流动比率3.835、速动比 率3.583、资产负债率15.85%。 天眼查商业履历信息显示，启明星辰信息技术集团股份有限公司，成立于1996年，位于北京市，是一家 以从事软件和信息技术服务业为主的企业。企业注册资本121140.0205万人民币，实缴资本5690万人民 币。公司法定代表人为袁捷。 金融界消息 截至2025年8月22日收盘，启明星辰（002439）报收于17.13元，上涨2.15%，换手率 5.71%，成交量41.40万手，成交金额7.03亿元。 资金流向方面，今日主力资金净流入5032.31万元，占比成交额7.15%。其中，超大单净流入2812.96万 元、占成交额4.0%，大单净流入2219.35万元 ...

Investment Rating - The report does not explicitly state an investment rating for the industrial firewall industry Core Insights - The industrial firewall has become a core security device in key industries such as electricity and petrochemicals, playing a crucial role in addressing network threats like ransomware and APT attacks, ensuring production continuity and the stable operation of critical infrastructure [7][43] - The market for industrial firewalls in China is characterized by a clear tiered competitive landscape, with Qiming Star holding a market share of 35.9%, followed by challengers like Venustech, Tianrongxin, and Qihoo 360, while companies like Sixiangyun are in the follower tier [8][53] Summary by Sections Industry Overview - The research aims to systematically deconstruct the industrial firewall ecosystem, revealing its strategic value as a network security infrastructure and providing a decision-making framework for the industry to grasp the wave of digital security upgrades [3] Industry Applications - Industrial firewalls are primarily applied in three scenarios within industrial control systems: inter-layer security protection (50%), intra-layer network security (30%), and device-level protection (20%) [21][26] Market Competition Landscape - The competitive landscape of the industrial firewall market in China is clearly tiered, with Qiming Star leading with a market share of 35.9%, while Venustech, Tianrongxin, and Qihoo 360 are in the challenger tier [8][53] Industry Analysis - The demand for industrial firewalls is driven by new factory deployments, economic benefits from renewable energy projects, equipment upgrades, domestic substitution policies, compliance requirements, and the expansion of enterprise needs [61][67] - The development trends in the industrial firewall sector include a shift towards multi-protocol deep detection and AI empowerment, enhancing defense efficiency against network threats [68][72]

证券日报网讯凯文教育（002659）8月20日在互动平台回答投资者提问时表示，公司与龙芯中科于2023 年签署战略合作协议，在教育领域展开深度合作，推动集成电路、信息技术创新应用人才的培养。2023 年11月，公司与龙芯中科、启明星辰（002439）和百度在郑州升达经贸管理学院共同签署校企合作协 议，共建"升达新兴技术现代产业学院"。 ...

格隆汇8月7日丨启明星辰(002439.SZ)于投资者互动平台表示，公司海外业务目前还没有出口欧盟国 家。 ...

Group 1 - The tobacco sector saw an increase of 1.53%, ranking 8th among concept sectors, with 32 stocks rising, including a limit-up for Kain Co., and significant gains for Huichen Co., Xiangyi Rongtong, and Qiming Star, which rose by 8.32%, 6.01%, and 4.45% respectively [1][2] - The tobacco sector experienced a net inflow of 239 million yuan from main funds, with 16 stocks receiving net inflows, and 5 stocks exceeding 10 million yuan in net inflow, led by Qiming Star with a net inflow of 137 million yuan [2][3] - Kain Co., Zhongke Information, and Guanhao High-tech had the highest net inflow ratios at 32.04%, 13.49%, and 13.09% respectively [3][4] Group 2 - The top gainers in the tobacco sector included Qiming Star, Zhongke Information, Kain Co., and Huichen Co., with respective daily gains of 4.45%, 4.33%, 9.96%, and 8.32% [3][4] - The stocks with the largest declines included Yuanwanggu, Yaxiang Co., and Changrong Co., which fell by 4.24%, 2.35%, and 2.11% respectively [1][5] - The overall market performance showed a mixed trend with various sectors experiencing both gains and losses, indicating a diverse investment landscape [2][5]

启明星辰最新一期业绩显示，截至2025一季报，公司营业总收入6.41亿元、同比减少30.54%，归属净利 润159.71万元，同比增长101.41%，扣非净利润5147.11万元，同比减少7.47%，流动比率3.835、速动比 率3.583、资产负债率15.85%。 天眼查商业履历信息显示，启明星辰信息技术集团股份有限公司，成立于1996年，位于北京市，是一家 以从事软件和信息技术服务业为主的企业。企业注册资本121140.0205万人民币，实缴资本5690万人民 币。公司法定代表人为袁捷。 金融界消息 截至2025年8月1日收盘，启明星辰（002439）报收于16.65元，上涨4.45%，换手率10.2%， 成交量74.00万手，成交金额12.10亿元。 来源：金融界 资金流向方面，今日主力资金净流入1.62亿元，占比成交额13.35%。其中，超大单净流入9920.28万 元、占成交额8.2%，大单净流入6241.93万元、占成交额5.16%，中单净流出流出3757.12万元、占成交 额3.1%，小单净流出12405.10万元、占成交额10.25%。 通过天眼查大数据分析，启明星辰信息技术集团股份有限公司共 ...

金融界消息 截至2025年7月30日收盘，启明星辰（002439）报收于15.92元，下跌1.79%，换手率 3.42%，成交量24.78万手，成交金额3.97亿元。 资金流向方面，今日主力资金净流出3861.40万元，占比成交额9.71%。其中，超大单净流出1998.81万 元、占成交额5.03%，大单净流出1862.60万元、占成交额4.69%，中单净流出流入1557.11万元、占成交 额3.92%，小单净流入2304.30万元、占成交额5.8%。 启明星辰最新一期业绩显示，截至2025一季报，公司营业总收入6.41亿元、同比减少30.54%，归属净利 润159.71万元，同比增长101.41%，扣非净利润5147.11万元，同比减少7.47%，流动比率3.835、速动比 率3.583、资产负债率15.85%。 天眼查商业履历信息显示，启明星辰信息技术集团股份有限公司，成立于1996年，位于北京市，是一家 以从事软件和信息技术服务业为主的企业。企业注册资本121140.0205万人民币，实缴资本5690万人民 币。公司法定代表人为袁捷。 通过天眼查大数据分析，启明星辰信息技术集团股份有限公司共对外投资了1 ...

Investment Rating - The industry investment rating is "Outperform the Market" (预计6个月内，行业指数表现强于沪深300指数5%以上) [23] Core Views - The report maintains a positive outlook on the global computing power industry, supported by strong capital expenditures from tech giants like Meta, which plans to invest hundreds of billions in AI [4][6] - The performance forecast for the first half of 2025 shows an improving trend among listed companies in the computing sector, with significant reductions in losses for software development and IT services compared to the previous year [9][10] Summary by Sections Industry News and Commentary - Nvidia will resume sales of H20 in China, and Meta is set to invest significantly in AI, indicating robust support for the global AI computing power industry [5][6] - As of July 20, 2025, 76 A-share listed companies in the computing sector have released performance forecasts, showing a collective reduction in losses compared to the previous year [9] Performance Forecasts - The computing sector's listed companies are expected to report a total net profit of -2.354 billion (取业绩预告上下限的中值), a significant improvement from -4.059 billion in the same period last year [9][10] - By segment, the computing equipment sector is expected to report a net profit of 248 million, down 74.22% year-on-year, while software development and IT services are expected to show substantial reductions in losses [10] Key Company Announcements - Notable companies such as Taiji Co., Qiming Information, and Hengsheng Electronics have announced their performance forecasts for the first half of 2025, with varying results in profitability and revenue [11][13] - For instance, Hengsheng Electronics expects a net profit of approximately 251 million, a year-on-year increase of about 740.95% [11] Market Performance Review - The computing industry index rose by 2.12% last week, outperforming the CSI 300 index by 1.03 percentage points [14][16] - As of the last trading day, the computing industry had a P/E ratio of 54.2, with 235 out of 359 A-share stocks in the sector experiencing price increases [16] Investment Recommendations - The report suggests focusing on several sectors within the computing industry, including the Xinchuang sector, Huawei supply chain, AI sector, financial IT sector, and low-altitude economy, with specific company recommendations for each [19]

Group 1 - The core viewpoint of the news is the application for a patent by Beijing Qimingxingchen Information Security Technology Co., Ltd. and China Mobile Communication Group Co., Ltd. for an automated security business chain system and method for cloud security resource pools [1] - The patent application, published as CN120342683A, was filed on April 2025 and relates to cloud computing technology [1] - The system includes a sensor module and a business chain controller, which enhances the utilization of security resources by dynamically adjusting the business chain composition based on real-time data [1] Group 2 - Beijing Qimingxingchen Information Security Technology Co., Ltd. was established in 2000 with a registered capital of 110 million RMB and has invested in 86 companies [2] - China Mobile Communication Group Co., Ltd. was founded in 1999 with a registered capital of 30 billion RMB and has invested in 54 companies [2] - China Mobile Communication Co., Ltd. was established in 2004 with a registered capital of approximately 5.32 billion RMB and has invested in 56 companies [2]

Core Viewpoint - The company, Qimingxingchen, is experiencing a decline in revenue and net profit for the first half of 2025, attributed to external market challenges and strategic shifts in business focus [1][2]. Group 1: Financial Performance - The company expects revenue for the first half of 2025 to be between 1.115 billion and 1.175 billion yuan, a decrease from 1.574 billion yuan in the same period last year [1]. - The anticipated net loss for the parent company is between 103 million and 73 million yuan, an improvement from a loss of 182 million yuan in the previous year [1]. - The net profit excluding non-recurring gains and losses is expected to be a loss between 183 million and 153 million yuan [1]. Group 2: Market and Strategic Factors - The decline in revenue is primarily due to external environmental challenges and adjustments in market demand, with tightened customer budgets leading to structural changes in the cybersecurity market [2]. - The company is focusing on improving the quality of collaborative business with China Mobile, resulting in a reduction of low-margin integration projects, which has led to a decline in related transaction income [2]. - Despite the overall revenue decline, income from self-sourced security products and services from China Mobile has seen significant growth [2]. Group 3: Historical Context and Future Outlook - In 2024, the company reported a revenue of 3.32 billion yuan, a year-on-year decrease of 26.4%, and a net loss of 226 million yuan, a decline of 130.5% [3]. - The company has made significant progress in the research and development of AI security models and plans to apply these technologies more broadly in future products and services [3]. - The first quarter of 2025 showed a revenue of 641 million yuan, a decrease of 30.5%, but the company managed to turn a profit with a net income of 1.6 million yuan, compared to a loss of 113 million yuan in the same period last year [4].