➢ 网宿科技发布 2025 年一季度报告。2025 年 4 月 24 日，网宿科技发布 2025 年一季度报告。2025 年 Q1 实现营业收入 12.35 亿元，同比增长 10.26%；归母 净利润 1.92 亿元，同比增长 38.54%；扣非归母净利润 1.50 亿元，同比增长 52.60%。25Q1 公司销售毛利率为 30.96%，同比下降 2.35pct，我们认为主要 由于受市场竞争影响，公司服务价格波动所致。 ➢ "国内+海外"市场联动，海外业务规模持续扩大。公司在 2025 年继续推进 CDN 及边缘计算、安全两大核心业务。公司继续采取平衡收入和利润的市场策 略，在国内市场围绕技术升级和精细化运营开展工作，深耕核心客户，提升了服 务质量。公司在 2025 年继续推动全线产品出海，积极拓展"一带一路"沿线市场， 为全球化业务提供支持。例如，公司升级游戏出海安全加速解决方案，支持安全 加速一体化，为出海游戏企业提供强有力的保障；加强 SD-WAN 安全组网产品 能力，为企业构建高性价比的全球智能网络。另外，公司还积极将安全能力出海， 通过领先的 WAAP 全站防护能力，针对业务数据、经营数据等提供全生 ...

AI 机遇凸显，25 年CDN 及边缘计算业务有望放量作为国内CDN 龙头企业，公司25 年迎来"CDN、边 缘计算、MCP"三重机遇。1）CDN：25 年国内AI 应用进入放量周期，有望带动流量需求加速增长，看 好公司CDN 业务提速；2）边缘计算：AI 应用带动边缘推理增长，海外Cloudflare 已验证CDN 节点升 级为GPU 推理节点的可行性，公司24年已推出边缘计算平台ECP，业务基础良好；3）MCP：MCP 托 管需要算力+安全双重支持，CDN 厂商成为重要载体，公司已全面支持MCP 协议，看好相关业务放 量。我们认为，受益于AI 应用提速，公司业务机遇明朗。 风险提示：AI 应用流量增长不及预期；CDN 行业竞争格局恶化。 网宿科技发布一季报，25Q1 实现营收12.35 亿元（yoy+10.26%），归母净利1.92 亿元 （yoy+38.54%），扣非净利1.50 亿元（yoy+52.60%）。公司营收显著提速（24Q1 yoy+4.81%），主要 得益于CDN 及边缘计算业务需求放量。净利率提升，主要得益于公司人效提升，期间费率同比下降。 我们认为，公司有望充分受益于AI 应用放量，看 ...

➢ 网宿科技发布 2025 年一季度报告。2025 年 4 月 24 日，网宿科技发布 2025 年一季度报告。2025 年 Q1 实现营业收入 12.35 亿元，同比增长 10.26%；归母 净利润 1.92 亿元，同比增长 38.54%；扣非归母净利润 1.50 亿元，同比增长 52.60%。25Q1 公司销售毛利率为 30.96%，同比下降 2.35pct，我们认为主要 由于受市场竞争影响，公司服务价格波动所致。 ➢ "国内+海外"市场联动，海外业务规模持续扩大。公司在 2025 年继续推进 CDN 及边缘计算、安全两大核心业务。公司继续采取平衡收入和利润的市场策 略，在国内市场围绕技术升级和精细化运营开展工作，深耕核心客户，提升了服 务质量。公司在 2025 年继续推动全线产品出海，积极拓展"一带一路"沿线市场， 为全球化业务提供支持。例如，公司升级游戏出海安全加速解决方案，支持安全 加速一体化，为出海游戏企业提供强有力的保障；加强 SD-WAN 安全组网产品 能力，为企业构建高性价比的全球智能网络。另外，公司还积极将安全能力出海， 通过领先的 WAAP 全站防护能力，针对业务数据、经营数据等提供全生 ...

Group 1 - Shenjian Co., Ltd. reported a net profit of 33.65 million yuan for 2024, a year-on-year increase of 32.29%, with a proposed cash dividend of 0.5 yuan per 10 shares [1] - Jingce Electronics experienced a net loss of 97.60 million yuan in 2024, transitioning from profit to loss, despite a revenue increase of 5.59% to 2.565 billion yuan [1] - Jingwei Co., Ltd. reported a net profit of 35.54 million yuan for 2024, a decrease of 36.76%, with a proposed cash dividend of 1.00 yuan per 10 shares [1][2] Group 2 - Minsheng Health achieved a net profit of 91.83 million yuan in 2024, a year-on-year increase of 7.24%, with a proposed cash dividend of 1.00 yuan per 10 shares [2] - Zhongshe Co., Ltd. reported a net profit of 10.16 million yuan for 2024, a decline of 76.24%, with a proposed cash dividend of 0.2 yuan per 10 shares [3] - Keyuan Smart reported a net profit of 252 million yuan for 2024, a year-on-year increase of 56.64%, with a proposed cash dividend of 0.4 yuan per 10 shares [4] Group 3 - Beilu Pharmaceutical reported a net profit of 14.54 million yuan for Q1 2025, a year-on-year increase of 26.13%, with revenue of 283 million yuan [5] - Wangsu Technology achieved a net profit of 192 million yuan for Q1 2025, a year-on-year increase of 38.54%, with revenue of 1.235 billion yuan [6] - Keyuan Pharmaceutical reported a net profit of 23.08 million yuan for Q1 2025, a year-on-year increase of 7.25%, despite a revenue decline of 23.98% [7] Group 4 - Guangting Information reported a net profit of 24.03 million yuan for Q1 2025, turning from loss to profit, with revenue of 134 million yuan [9] - Zhaori Technology reported a net loss of 1.23 million yuan for Q1 2025, with revenue of 35.23 million yuan [11] - Huakai Yibai reported a net loss of 15.09 million yuan for Q1 2025, despite revenue growth of 35.08% to 2.292 billion yuan [13] Group 5 - Xinhongye reported a net profit of 34.43 million yuan for Q1 2025, a year-on-year increase of 20.43%, with revenue of 755 million yuan [15] - Huning Co., Ltd. reported a net profit of 3.61 million yuan for Q1 2025, a year-on-year decrease of 45.68%, with revenue of 64.51 million yuan [16] - Camel Co., Ltd. reported a net profit of 237 million yuan for Q1 2025, a year-on-year increase of 51.89%, with revenue of 4.136 billion yuan [17] Group 6 - Hengtong Co., Ltd. reported a net profit of 42.55 million yuan for Q1 2025, a year-on-year increase of 51.62%, with revenue of 313 million yuan [19] - Changqing Technology reported a net profit of 35.38 million yuan for Q1 2025, a year-on-year decrease of 23.80%, with revenue of 246 million yuan [21] - Libaba Co., Ltd. reported a net profit of 34.72 million yuan for Q1 2025, a year-on-year increase of 9.91%, with revenue of 419 million yuan [22] Group 7 - Shouxiangu reported a net profit of 58.37 million yuan for Q1 2025, a year-on-year decrease of 24.32%, with revenue of 171 million yuan [24] - Bojun Technology announced a stock issuance application accepted by the Shenzhen Stock Exchange [24] - Dayou Energy announced the full resumption of production at its Gengcun coal mine, with an annual production capacity of 3.6 million tons [25] Group 8 - Deyang Co., Ltd. successfully acquired land use rights for industrial land in Ningbo for 45.80 million yuan [27] - Tianyu Pharmaceutical's subsidiary received a drug registration certificate for an injectable product [29] - Xingwang Yuda signed a strategic cooperation agreement with the Jilin Province Bionic Robot Innovation Center [30] Group 9 - Lifang Pharmaceutical received approval for clinical trials of a new drug [32] - Zai Sheng Technology reported a net profit of 33.56 million yuan for Q1 2025, a year-on-year increase of 3.69%, with revenue of 324 million yuan [34] - Jinxin Technology reported a net profit of 319,920 yuan for Q1 2025, turning from loss to profit, with revenue of 563 million yuan [36] Group 10 - Huayin Electric reported a net profit of 75.67 million yuan for Q1 2025, a year-on-year increase of 894.61%, with revenue of 2.307 billion yuan [37] - Xinghua Co., Ltd. reported a net loss of 95.51 million yuan for Q1 2025, with revenue of 840 million yuan [38] - Heren Technology reported a net loss of 384,410 yuan for Q1 2025, with revenue of 78.40 million yuan [40] Group 11 - Fenda Technology reported a net profit of 40.45 million yuan for Q1 2025, a year-on-year increase of 84.07%, with revenue of 760 million yuan [41] - Tongda Co., Ltd. reported a net profit of 25.49 million yuan for 2024, a year-on-year decrease of 69.15%, with revenue of 6.201 billion yuan [43] - Zhonghe Holdings reported a net profit of 283 million yuan for 2024, a year-on-year decrease of 54.69%, with a proposed cash dividend of 0.3 yuan per 10 shares [44] Group 12 - Jiantou Energy reported a net profit of 531 million yuan for 2024, a year-on-year increase of 181.59%, with a proposed cash dividend of 1.3 yuan per 10 shares [44] - Guanghua Technology reported a net loss of 205 million yuan for 2024, with revenue of 2.589 billion yuan [45] - Huajin Technology reported a net profit of 29.26 billion yuan for 2024, a year-on-year increase of 8.1%, with a proposed cash dividend of 9 yuan per 10 shares [46] Group 13 - Yingke Medical reported a net profit of 1.465 billion yuan for 2024, a year-on-year increase of 282.63%, with a proposed cash dividend of 1.00 yuan per 10 shares [46] - Solar Energy reported a net profit of 1.225 billion yuan for 2024, a year-on-year decrease of 22.38%, with a proposed cash dividend of 0.56 yuan per 10 shares [46] - Dongfang Electric reported a net profit of 318 million yuan for 2024, a year-on-year decrease of 50.62%, with a proposed cash dividend of 0.32 yuan per 10 shares [47] Group 14 - Tianneng Heavy Industry reported a net loss of 262 million yuan for 2024, with revenue of 3.273 billion yuan [48] - Gangyan High-tech reported a net profit of 249 million yuan for 2024, a year-on-year decrease of 22.08%, with a proposed cash dividend of 1.00 yuan per 10 shares [48] - Shihua Machinery reported a net profit of 96.88 million yuan for 2024, a year-on-year increase of 5.35%, with revenue of 8.037 billion yuan [49] Group 15 - Gongtong Pharmaceutical reported a net loss of 27.59 million yuan for 2024, with revenue of 537 million yuan [51] - Zhongjing Electronics reported a net loss of 87.43 million yuan for 2024, with revenue of 2.932 billion yuan [53] - Yudai Development reported a net loss of 114 million yuan for 2024, with revenue of 388 million yuan [55] Group 16 - Zhenhua Technology reported a net profit of 970 million yuan for 2024, a year-on-year decrease of 63.83%, with a proposed cash dividend of 1.8 yuan per 10 shares [56] - Jierong Technology reported a net loss of 298 million yuan for 2024, with revenue of 1.357 billion yuan [58] - Changgao Electric New reported a net profit of 252 million yuan for 2024, a year-on-year increase of 45.66%, with a proposed cash dividend of 0.8 yuan per 10 shares [60] Group 17 - Shibao Detection announced a plan to acquire 81% of Zhonghuan Lianshu for 52.65 million yuan [61] - Jiangsu Boyun announced a plan to reduce its shareholding by up to 3% [62] - Jingfeng Mingyuan announced a plan to acquire 100% of Yichong Technology for 3.283 billion yuan [63]

网宿科技股份有限公司（以下简称"公司"）于 2025 年 4 月 24 日召开第六 届董事会第二十四次会议，审议通过《关于增补公司董事的议案》，现将相关情 况公告如下： 一、关于公司董事辞职的情况 近日，公司董事会收到董事颜永春先生提交的书面辞职报告。颜永春先生因 个人原因申请辞去公司董事、审计委员会委员以及战略委员会委员职务，辞职后 颜永春先生将不在公司担任任何职务。颜永春先生的原定董事任期至 2026 年 6 月 20 日止。为保证董事会及相关委员会日常工作的稳定性及连续性，在补选董 事就任前，颜永春先生仍履行现任职务相关职责。 证券代码：300017 证券简称：网宿科技 公告编号：2025-035 网宿科技股份有限公司 关于公司董事辞职及增补董事的公告 本公司及董事会全体成员保证公告内容真实、准确和完整，没有虚假记载、 误导性陈述或重大遗漏。 1、《辞职报告》； 2、第六届董事会第二十四次会议决议。 附件： 颜永春先生辞去上述职务不会对董事会的正常运作和公司生产经营产生影 响。截至本公告披露日，颜永春先生未持有公司股票，不存在应当履行而未履行 的承诺事项。 公司及董事会对颜永春先生在任职期间的勤勉尽责工 ...

关于 2024 年年度股东会增加临时提案 网宿科技股份有限公司 暨召开 2024 年年度股东会补充通知的公告 本公司及董事会全体成员保证公告内容真实、准确和完整，没有虚假记载、 误导性陈述或重大遗漏。 网宿科技股份有限公司（以下简称"公司"）于2025年4月15日在巨潮资讯 网（http://www.cninfo.com.cn/）披露了《关于召开2024年年度股东会的通知》， 定于2025年5月7日（星期三）下午14:30召开2024年年度股东会。 2025年4月24日，公司董事会收到了公司股东陈宝珍女士提交的《关于增加 2024年年度股东会临时提案的函》，从提高决策效率的角度考虑，提议将《关于 增补公司董事的议案》《关于增补董事2025年度薪酬方案的议案》以临时提案的 方式提交公司2024年年度股东会审议。其中将《关于增补董事2025年度薪酬方案 的议案》作为本次股东会《关于公司内部董事2025年度薪酬方案的议案》之子议 案进行审议。本次股东会议案编号相应调整。上述议案已经公司2025年4月24日 召开的第六届董事会第二十四次会议审议通过，具体内容详见公司于2025年4月 25日刊登在巨潮资讯网（http: ...

证券代码：300017 证券简称：网宿科技 公告编号：2025-037 网宿科技股份有限公司 经与会监事审议：同意公司增补的内部董事根据其在公司担任的具体职务， 依据公司相关薪酬标准领取薪酬，不额外领取董事津贴。 网宿科技股份有限公司（以下简称"公司"）第六届监事会第二十二次会议 通知于 2025 年 4 月 21 日以电子邮件方式发出，会议于 2025 年 4 月 24 日上午 11：00 以电话会议方式召开。本次会议应到监事 3 人，实到监事 3 人。本次会 议的召集、召开程序符合《公司法》和《公司章程》的有关规定。本次会议由监 事会主席刘菁女士主持。与会监事对议案进行审议并形成如下决议： 一、审议并通过《2025 年第一季度报告》 经审核，监事会认为董事会编制和审核公司 2025 年第一季度报告的程序符 合法律、行政法规和中国证监会的规定，报告内容真实、准确、完整地反映了公 司的实际情况，不存在任何虚假记载、误导性陈述或者重大遗漏。 具体内容详见同日披露于巨潮网（http://www.cninfo.com.cn）上的《2025 年第一季度报告》。 本议案已经公司审计委员会审议通过。 表决结果：以 3 票 ...

证券代码：300017 证券简称：网宿科技 公告编号：2025-033 网宿科技股份有限公司 第六届董事会第二十四次会议决议公告 本公司及董事会全体成员保证公告内容真实、准确和完整，没有虚假记载、 误导性陈述或重大遗漏。 网宿科技股份有限公司（以下简称"公司"）第六届董事会第二十四次会议通 知于2025年4月21日以电子邮件方式发出，会议于2025年4月24日上午10:00以通 讯方式召开。本次会议应到董事7人，实到董事7人。公司部分高级管理人员列席 了会议。本次会议的召集、召开程序符合《公司法》和《公司章程》的有关规定。 本次会议由董事长Hong Ke（洪珂）先生主持，与会董事对议案进行了审议，形 成如下决议： 一、 审议并通过《2025 年第一季度报告》 报告期内，公司继续秉承业务高质量发展，精细化运营的经营思路，按照年 度发展规划稳步推进各项工作。2025 年第一季度，公司实现营业收入 123,499.51 万元，同比增长 10.26%；实现归属于上市公司股东的净利润 19,183.89 万元，同 比增长 38.54%；实现归属于上市公司股东的扣除非经常性损益后的净利润 15,008.11 万元，同比增 ...

Financial Performance - The company's revenue for Q1 2025 reached ¥1,234,995,070.32, representing a 10.26% increase compared to ¥1,120,044,803.07 in the same period last year[5] - Net profit attributable to shareholders was ¥191,838,873.46, a significant increase of 38.54% from ¥138,476,684.06 year-on-year[5] - The net profit after deducting non-recurring gains and losses was ¥150,081,070.44, reflecting a 52.60% increase compared to ¥98,348,373.13 in the previous year[5] - Basic earnings per share rose to ¥0.0785, up 37.24% from ¥0.0572 year-on-year[5] - The total operating revenue for Q1 2025 was CNY 1,234,995,070.32, representing an increase of 10.2% compared to CNY 1,120,044,803.07 in the previous year[32] - The net profit for the period was CNY 190,372,338.94, a rise of 34.5% from CNY 141,491,788.33 in the same period last year[33] - The earnings per share (EPS) for the current period was CNY 0.0785, compared to CNY 0.0572 in the previous year, reflecting a growth of 37.5%[33] Cash Flow - The company's cash flow from operating activities decreased by 16.37%, amounting to ¥203,994,736.47, down from ¥243,913,978.35 in the same period last year[5] - Net cash flow from operating activities decreased to $203,994,736.47 from $243,913,978.35, a decline of about 16.3%[35] - Cash inflow from investment activities totaled $1,080,898,725.17, down from $1,545,564,300.72, indicating a decrease of approximately 30.0%[35] - Net cash flow from investment activities was negative at -$333,123,936.45, compared to a positive $9,340,607.46 in the previous period[35] - Cash inflow from financing activities increased significantly to $171,063,225.91 from $760,713.13, marking a substantial rise[36] - Net cash flow from financing activities improved to $165,549,969.94 from -$5,801,245.54, indicating a turnaround[36] - The net increase in cash and cash equivalents for the current period was $32,504,972.35, a decrease from $252,753,130.64 in the previous period[36] - The ending balance of cash and cash equivalents was $1,746,076,801.13, up from $1,657,286,870.33[36] Assets and Liabilities - Total assets at the end of the reporting period were ¥12,612,486,635.15, an increase of 4.30% from ¥12,092,004,476.55 at the end of the previous year[5] - The total liabilities rose to CNY 2,265,287,069.51, compared to CNY 1,973,927,216.60, which is an increase of 14.7%[31] - The company's total current assets increased from RMB 9,228,104,505.25 to RMB 10,234,755,427.06, reflecting a growth of approximately 10.9%[29] - The company’s long-term equity investments decreased slightly from RMB 118,451,745.71 to RMB 117,168,307.96[29] - The company’s total liabilities and equity structure remains stable, with no significant changes reported in the financial derivatives section[27] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 175,778, with no preferred shareholders having restored voting rights[12] - The total number of restricted shares held by major shareholders includes 261,062,924 shares held by Chen Baozhen, accounting for 10.67% of the total shares[14] - Liu Chengyan holds 197,007,029 shares, representing 8.06% of the total shares, with 147,755,272 shares under lock-up[14] Investment Activities - The company reported a significant increase in investment income of 159.62%, primarily due to gains from the disposal of trading financial assets[10] - The net cash outflow from investment activities was ¥333 million, compared to a net inflow of ¥9.34 million in the same period last year[10] - The company plans to use up to RMB 6 billion of its idle funds for low to medium risk financial products, with a rolling usage period of 12 months starting from December 9, 2024[22] - The company has invested RMB 36,177.14 million in low-risk financial products with Huatai Jin控, with a maturity date of March 27, 2025[22] - The total amount of financial derivatives held by the company at the end of the reporting period is RMB 30,715.21 million, representing 1.43% of the company's net assets[27] Operational Efficiency - The company continues to focus on high-quality business development and refined operations as part of its annual development plan[16] - The company executed a total of 1,488,270 stock options under the 2020 stock option and restricted stock incentive plan during the fourth exercise period[17] - The cost of the 2023 restricted stock incentive plan recognized in Q1 2025 was CNY 7.003 million[18] - The remaining expense for the 2023 restricted stock incentive plan is CNY 12.83 million, to be confirmed in 2025[20] - The company has not made any adjustments to the 2023 restricted stock incentive plan during the reporting period[18] Research and Development - The company reported a decrease in research and development expenses to CNY 94,792,212.39 from CNY 129,499,222.90, a reduction of 26.8%[32]

网宿科技（300017）公告，2025年第一季度营收为12.35亿元，同比增长10.26%；净利润为1.92亿元， 同比增长38.54%。 ...