Group 1 - The core viewpoint of the article is that the company, Qiming Star (启明星辰), is committed to enhancing its focus on trading activities to maintain a healthy and orderly investment environment [1] Group 2 - The company responded to investor inquiries on its interactive platform, indicating its proactive approach to addressing trading concerns [1] - The emphasis on maintaining a healthy investment environment suggests a strategic focus on regulatory compliance and investor relations [1]

Core Viewpoint - The company is actively engaging in quantum technology research, particularly focusing on security threats related to quantum computing, and is integrating these advancements into its products [2]. Group 1: Quantum Technology Initiatives - The company is collaborating with China Mobile to explore cutting-edge technologies in quantum science [2]. - Research is being conducted on security threats posed by quantum computing, leading to product capability upgrades [2]. Group 2: Product Enhancements - The company has upgraded its post-quantum cryptography system, achieving product integration and smooth evolution of post-quantum algorithms [2]. - Quantum key distribution technology has been integrated into the company's VPN products, enhancing key supply and business collaboration capabilities [2]. Group 3: Industry Applications - Successful implementation of quantum security measures has been achieved in critical information infrastructure sectors such as finance and telecommunications [2].

Industry Overview - The Chinese network isolation gateway (网闸) industry is transitioning from compliance-driven to value-driven, with a market size projected to reach approximately 213.5 billion yuan in 2024, reflecting a year-on-year growth of 7.39% [1][4][8] - The network isolation gateway is a network security device that enables high-security data exchange through physical isolation and data ferrying technology, ensuring complete physical separation of networks while allowing controlled data exchange [2][4] Industry Development History - The development of the Chinese network isolation gateway has evolved through three stages: 1. First generation: Single machine isolation card technology for basic network isolation and non-real-time data exchange 2. Second generation: Switch and shared storage architecture addressing real-time issues 3. Third generation: Dedicated switching channel technology providing high-performance secure tunnels [4][5] Industry Chain - The upstream of the network isolation gateway industry includes raw materials and components such as chips, PCBs, high-speed solid-state switches, and power modules, as well as software like operating systems and security algorithms [5][6] Market Size - The market for the network isolation gateway is expected to grow significantly, driven by increasing data value and stringent cybersecurity requirements, with a projected market size of 213.5 billion yuan in 2024 [1][4][8] Key Companies' Performance - The competitive landscape of the network isolation gateway industry is characterized by leading companies like Qihoo 360 and Venustech, which dominate the market due to their technological advantages and established presence in critical sectors [8][9] Industry Development Trends 1. The technology will evolve towards a hybrid architecture that combines software-defined and hardware-accelerated solutions, enabling dynamic network isolation strategies [11] 2. The core value of network isolation gateways is shifting from mere network isolation to becoming comprehensive data security exchange platforms, integrating data security capabilities throughout the data lifecycle [12] 3. Future competition will focus on ecosystem and system capabilities, with a need for deep industry-specific solutions and a shift towards domestic hardware and intelligent software integration [13]

证券代码：002439 证券简称：启明星辰 公告编号：2026-001 启明星辰信息技术集团股份有限公司 关于第二期员工持股计划存续期即将届满的提示性公告 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。 启明星辰信息技术集团股份有限公司（以下简称"公司"）于 2016 年 6 月 21 日召开 2016 年第三次临时股东大会，审议通过了《关于<启明星辰信息技术 集团股份有限公司第二期员工持股计划（草案）及摘要（认购非公开发行股票方 式）>的议案》，具体内容详见 2016 年 6 月 22 日刊登于《证券时报》《中国证券 报》和巨潮资讯网（http://www.cninfo.com.cn）上的公告。 公司于 2020 年 12 月 30 日、2021 年 7 月 5 日、2021 年 12 月 22 日、2022 年 6 月 17 日、2022 年 12 月 22 日、2023 年 7 月 7 日、2023 年 12 月 20 日、 2024 年 7 月 3 日、2025 年 1 月 8 日、2025 年 6 月 22 日、2025 年 12 月 5 日分别 召 ...

Core Viewpoint - The company Qiming Star is closely collaborating with HuanTian Wisdom, holding a small stake in the latter, focusing on security technology research and business cooperation in areas such as commercial satellite applications and smart governance [2] Group 1 - Qiming Star and HuanTian Wisdom are partners in security technology research [2] - The collaboration includes fields like satellite communication security and digital government [2] - Future development plans of HuanTian Wisdom are part of its own strategic planning [2]

证券日报网讯 1月7日，启明星辰在互动平台回答投资者提问时表示，启明星辰作为国内领先的网络安 全企业，始终致力于为国家关键信息基础设施提供安全保障。在电力行业，公司为国家电网等能源行业 重要客户提供网络安全保障及安全运营服务多年，支撑电力系统信息化、数字化、智能化发展的安全需 求，相关产品和服务已在电力行业积累大量成功案例。公司将持续深耕电力等行业客户，为数字基础设 施建设保驾护航。 （文章来源：证券日报） ...

Core Viewpoint - The company is actively following the rapid development of quantum computing technology and is continuously iterating its product capabilities to address the threats posed by quantum computing [1] Group 1: Quantum Computing Response - The company has upgraded its anti-quantum password system to achieve the productization and smooth evolution of post-quantum password algorithms [1] - The integration of quantum key distribution technology into VPN products enhances key supply and business collaboration capabilities [1] Group 2: Implementation and Impact - The company has successfully implemented quantum security measures in critical information infrastructure sectors such as finance and telecommunications [1] - These efforts provide a secure password foundation for quantum safety [1]

每经AI快讯，有投资者在投资者互动平台提问：贵公司参股公司投资的航天软件第四季度股价大涨， 是否对贵公司第四季度业绩有影响？ （记者 张明双） 启明星辰（002439.SZ）1月7日在投资者互动平台表示，公司参股的上市公司航天软件的股价波动，可 能对公司投资收益产生影响，关于2025年第四季度的具体业绩情况，公司将严格按照信息披露法规予以 披露，请届时关注公司公告。 ...

Core Viewpoint - The company has a partnership with HuanTian Wisdom and holds a small stake in it, focusing on security technology research and business cooperation in areas such as commercial satellite applications and smart governance [1] Group 1 - The company confirmed its close partnership with HuanTian Wisdom and indicated that it holds a minority stake in the latter [1] - The collaboration primarily involves research and business cooperation in fields like satellite communication security, smart governance, and digital government [1] - Future development plans and dynamics of HuanTian Wisdom are considered part of its own strategic planning, and the company suggests obtaining information through official channels [1]

（文章来源：证券日报） 证券日报网讯 1月6日，启明星辰在互动平台回答投资者提问时表示，2025年前三季度公司实现毛利率 61.8%，体现了公司产品与服务的强大市场竞争力。去年以来出现亏损，主要源于两方面因素：一方 面，公司在融入中国移动体系后，积极布局新兴技术领域，主动加大对AI安全、数据安全、量子计算 等前沿领域的研发投入，这部分战略性支出短期内影响了利润；另一方面，传统网络安全业务短期内增 速受限，相关产品和服务增长承压，也对利润产生了影响。目前，公司管理层正全力推动与中国移动的 深度协同，优化业务结构，并已看到现金流改善等积极迹象。为构筑长期技术壁垒和增长动能，公司仍 将坚持科技自主创新，随着新质安全需求的增长和协同效应的释放，公司利润将逐渐改善。 ...