Core Viewpoint - The company, Shunwang Technology, reported significant growth in its 2025 semi-annual results, driven by advancements in artificial intelligence, computing power, and the gaming industry, positioning itself as a leader in the digital service sector [1][10]. Financial Performance - In the first half of 2025, the company achieved operating revenue of 1.01 billion yuan, a year-on-year increase of 25.09% - The net profit attributable to shareholders was 162 million yuan, up 69.22% - The net profit excluding non-recurring items was 140 million yuan, reflecting a growth of 54.21% - Basic earnings per share reached 0.24 yuan, an increase of 71.43% [1]. Industry Trends - The gaming industry in China saw actual sales revenue of 168 billion yuan in the first half of 2025, marking a year-on-year growth of 14.08% [2]. - The integration of virtual reality, augmented reality, and artificial intelligence is evolving gaming content and experiences, enhancing cultural dissemination and technological innovation [2]. Business Strategy - The company covers over 70% of the national esports service market and maintains partnerships with over 2,000 collaborators, providing comprehensive service solutions [3]. - Shunwang Technology has established cooperation with over 95% of game manufacturers in China, enhancing its digital marketing capabilities [3]. Technological Advancements - The company is focusing on edge computing and has developed a distributed GPU computing management platform to optimize idle computing resources [5]. - Shunwang Technology's edge computing services are designed to reduce network latency and improve response times for various industries [6]. AI Integration - The company has launched AI cloud computers and integrated various AI models into its products, providing a seamless experience for over a million active users [7]. - Shunwang Technology's AI infrastructure platform offers integrated solutions for multiple industries, including digital entertainment and healthcare [8][9]. Market Position - The company is recognized as a leading player in the edge computing sector, having been named one of the "Top 20 Edge Computing Enterprises in China" for 2025 [6]. - Shunwang Technology's continuous innovation in AI and computing power positions it well to capitalize on the growing demand for intelligent solutions across various sectors [10].

据证券之星公开数据整理，近期顺网科技(300113)发布2025年中报。根据财报显示，顺网科技营收净利 润同比双双增长。截至本报告期末，公司营业总收入10.1亿元，同比上升25.09%，归母净利润1.62亿 元，同比上升69.22%。按单季度数据看，第二季度营业总收入4.32亿元，同比上升9.3%，第二季度归母 净利润8804.79万元，同比上升109.61%。 原因:本报告期理财及大额存单净增加额较上期减少。现金及现金等价物净增加额变动幅度为97.99%,原 因:本报告期理财及大额存单净增加额较上期减少。 证券之星价投圈财报分析工具显示：业务评价：公司去年的ROIC为11.93%，近年资本回报率一般。公 司业绩具有周期性。去年的净利率为15.36%，算上全部成本后，公司产品或服务的附加值高。从历史 年报数据统计来看，公司近10年来中位数ROIC为9.83%，中位投资回报一般，其中最惨年份2022年的 ROIC为-18.65%，投资回报极差。公司历史上的财报相对一般，公司上市来已有年报14份，亏损年份1 次，需要仔细研究下有无特殊原因。商业模式：公司业绩主要依靠研发驱动。需要仔细研究这类驱动力 背后的实际情况 ...

Group 1 - The company achieved revenue of 1.01 billion yuan in H1 2025, a year-on-year increase of 25.09%, and a net profit of 162 million yuan, up 69.22% year-on-year [1] - The growth in revenue is attributed to the recovery of PC games, leading to increased advertising spending by game developers in internet cafes and esports hotels, driving high growth in the company's online advertising and value-added services [1] - The company's net profit margin improved by 3.9 percentage points year-on-year, benefiting from economies of scale and a decrease in operating expense ratio by 4.6 percentage points year-on-year [1] Group 2 - The domestic PC game market reached 6.637 billion yuan in July 2025, with a quarter-on-quarter increase of 13% and a year-on-year increase of 17%, driven by both new and existing games [2] - The popularity of games like "Delta Action" and "Dream of the Westward Journey" indicates a sustained high demand for PC games, which is expected to further boost advertising spending in internet cafes and esports hotels [2] Group 3 - The company is expanding its cloud computing services, launching new products in cloud gaming and exploring AI applications in healthcare and legal sectors [3] - The cloud services subsidiary achieved revenue of 20.37 million yuan in H1 2025, a year-on-year increase of 21%, indicating potential acceleration in the commercialization of AI business [3] - The ChinaJoy 2025 exhibition attracted 410,000 visitors, a year-on-year increase of 12%, which may contribute significantly to the company's Q3 revenue [3]

炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！ 进一步统计，近3个月内该股累计发生1笔大宗交易，合计成交金额为652.47万元。该股近5个交易日累 计上涨24.16%，主力资金合计净流入3.7亿元。 责任编辑：小浪快报 8月22日，顺网科技收涨20.00%，收盘价为27.24元，发生1笔大宗交易，合计成交量29.93万股，成交金 额652.47万元。 第1笔成交价格为21.80元，成交29.93万股，成交金额652.47万元，溢价率为-19.97%，买方营业部为中 国银河证券股份有限公司宁波宁穿路证券营业部，卖方营业部为中国银河证券股份有限公司宁波宁穿路 证券营业部。 ...

（文章来源：每日经济新闻） 开源证券8月22日发布研报称，给予顺网科技（300113.SZ）买入评级。评级理由主要包括：1）端游高 景气或持续拉动公司网络广告及增值业务高增长；2）AI算力云及展会潮玩业务逐步打造新成长曲线。 风险提示：电竞服务需求复苏不及预期；游戏流水下滑；算力业务不及预期。财务摘要和估值指标。 ...

Group 1 - Gujia Home achieved a net profit of 1.02 billion yuan in the first half of 2025, a year-on-year increase of 13.89% [1] - Gujia Home's revenue for the first half of 2025 was 9.80 billion yuan, up 10.02% year-on-year [1] - Phoenix Holdings reported a net profit of 11.04 million yuan, successfully turning a profit [1] - Phoenix Holdings' revenue increased by 200.78% year-on-year to 291 million yuan [1] - Zheshang Securities recorded a net profit of 1.15 billion yuan, a year-on-year growth of 46.49% [1] - Zheshang Securities' revenue decreased by 23.66% to 6.11 billion yuan [1] Group 2 - Tianjin Port's net profit was 503 million yuan, a year-on-year decrease of 18.33% [3] - Tianjin Port's revenue for the first half of 2025 was 6.18 billion yuan, an increase of 4.33% year-on-year [3] - Xuantai Pharmaceutical reported a net profit of 45.59 million yuan, down 15.82% year-on-year [5] - Xuantai Pharmaceutical's revenue was 220 million yuan, a slight increase of 0.74% year-on-year [5] Group 3 - Yilida achieved a net profit of 40.03 million yuan, a year-on-year increase of 18.32% [7] - Yilida's revenue for the first half of 2025 was 758 million yuan, up 12.56% year-on-year [7] - Zhongji United reported a net profit of 262 million yuan, a significant year-on-year increase of 86.61% [9] - Zhongji United's revenue was 818 million yuan, a year-on-year growth of 43.52% [9] Group 4 - China Shipbuilding Special Gas reported a net profit of 178 million yuan, a slight decrease of 0.55% year-on-year [10] - China Shipbuilding Special Gas' revenue was 1.04 billion yuan, an increase of 12.60% year-on-year [10] - Xinyuan Intelligent Manufacturing achieved a net profit of 9.79 million yuan, a year-on-year increase of 284.45% [11] - Xinyuan Intelligent Manufacturing's revenue was 329 million yuan, up 388.33% year-on-year [11] Group 5 - Jiudian Pharmaceutical reported a net profit of 291 million yuan, a year-on-year increase of 2.57% [13] - Jiudian Pharmaceutical's revenue was 1.51 billion yuan, a year-on-year growth of 10.67% [13] - Boya Biological reported a net profit of 225 million yuan, down 28.68% year-on-year [15] - Boya Biological's revenue was 1.01 billion yuan, an increase of 12.51% year-on-year [15] Group 6 - True Love Home achieved a net profit of 197 million yuan, a year-on-year increase of 484.48% [17] - True Love Home's revenue was 390 million yuan, up 21.82% year-on-year [17] - Dongfang Electronics reported a net profit of 302 million yuan, a year-on-year increase of 19.65% [19] - Dongfang Electronics' revenue was 3.16 billion yuan, a year-on-year growth of 12.18% [19] Group 7 - Watte Holdings achieved a net profit of 18.41 million yuan, a year-on-year increase of 23.94% [21] - Watte Holdings' revenue was 906 million yuan, up 12.29% year-on-year [21] - Tianqin Equipment reported a net profit of 16.36 million yuan, a year-on-year increase of 2.78% [22] - Tianqin Equipment's revenue was 111 million yuan, a year-on-year growth of 18.42% [22] Group 8 - Yingfeng Environment achieved a net profit of 382 million yuan, a year-on-year increase of 0.43% [24] - Yingfeng Environment's revenue was 6.46 billion yuan, up 3.69% year-on-year [24] - Kexin Machinery reported a net profit of 52.20 million yuan, a year-on-year decrease of 46.18% [26] - Kexin Machinery's revenue was 592 million yuan, down 17.26% year-on-year [26] Group 9 - Tengda Construction reported a net profit of 108 million yuan, a year-on-year decrease of 0.69% [27] - Tengda Construction's revenue was 1.61 billion yuan, down 5.20% year-on-year [27] - Canaan Technology achieved a net profit of 7.35 million yuan, a year-on-year decrease of 38.46% [29] - Canaan Technology's revenue was 560 million yuan, up 1.29% year-on-year [29] Group 10 - Metro Design reported a net profit of 221 million yuan, a year-on-year increase of 6.58% [30] - Metro Design's revenue was 1.32 billion yuan, up 5.31% year-on-year [30] - China Shipbuilding Special Gas plans to use up to 2.9 billion yuan of idle funds for cash management [31] - The company intends to invest in safe, liquid, principal-protected products [31] Group 11 - Jiuchuang Biotechnology received a medical device registration certificate for its lupus anticoagulant detection kit [32] - The product is intended for in vitro qualitative detection of lupus anticoagulant in human plasma [32] - Xinowei's subsidiary received approval for clinical trials of its innovative drug [33] - The drug is a humanized monoclonal antibody intended for treating multiple cancers [33] Group 12 - Dongcheng Pharmaceutical's subsidiary received FDA approval for clinical trials of its targeted radiopharmaceutical [34] - The drug is intended for treating advanced prostate cancer [34] - Shandong Road and Bridge received approval to issue bonds up to 4 billion yuan [35] - The company specializes in road and bridge engineering construction [35] Group 13 - Diou Home plans to invest 500 million yuan to establish a subsidiary focused on generative AI [36] - The investment aims to transform the company into a full-stack industrial intelligent service provider [36] - Dayilong achieved a net profit of 90.87 million yuan, a year-on-year increase of 217.89% [37] - Dayilong's revenue was 957 million yuan, up 57.35% year-on-year [37] Group 14 - Chaohongji reported a net profit of 331 million yuan, a year-on-year increase of 44.34% [38] - Chaohongji's revenue was 4.10 billion yuan, up 19.54% year-on-year [38] - Taiji Group reported a net profit of 139 million yuan, a year-on-year decrease of 71.94% [39] - Taiji Group's revenue was 5.66 billion yuan, down 27.63% year-on-year [39] Group 15 - Suneng Co. reported a net profit of 93.19 million yuan, a year-on-year decrease of 90.13% [41] - Suneng Co.'s revenue was 5.57 billion yuan, down 17.15% year-on-year [41] - Three Gorges Water Conservancy reported a net profit of 47.93 million yuan, a year-on-year decrease of 79.07% [42] - Three Gorges Water Conservancy's revenue was 4.90 billion yuan, down 6.10% year-on-year [42] Group 16 - Furida reported a net profit of 108 million yuan, a year-on-year decrease of 15.16% [44] - Furida's revenue was 1.79 billion yuan, down 7.05% year-on-year [44] - Chenzhou Electric International achieved a net profit of 25.92 million yuan, a year-on-year increase of 29.55% [46] - Chenzhou Electric International's revenue was 1.96 billion yuan, up 1.26% year-on-year [46] Group 17 - Farlantek achieved a net profit of 122 million yuan, a year-on-year increase of 41.05% [47] - Farlantek's revenue was 1.18 billion yuan, up 46.63% year-on-year [47] - Huitai Medical reported a net profit of 425 million yuan, a year-on-year increase of 24.11% [48] - Huitai Medical's revenue was 1.21 billion yuan, up 21.26% year-on-year [48] Group 18 - Dameng Data's director is under investigation for suspected violations [49] - The company's daily operations remain normal [49] - Maiwei Co. reported a net profit of 394 million yuan, a year-on-year decrease of 14.59% [50] - Maiwei Co.'s revenue was 4.21 billion yuan, down 13.48% year-on-year [50] Group 19 - Waiservice Holdings achieved a net profit of 384 million yuan, a year-on-year increase of 5.51% [52] - Waiservice Holdings' revenue was 12.25 billion yuan, up 16.15% year-on-year [52] - Huakang Co. reported a net profit of 134 million yuan, a year-on-year decrease of 3.38% [53] - Huakang Co.'s revenue was 1.87 billion yuan, up 37.32% year-on-year [53] Group 20 - Bluelight Optical achieved a net profit of 103 million yuan, a year-on-year increase of 110.27% [54] - Bluelight Optical's revenue was 577 million yuan, up 52.54% year-on-year [54] - Shunwang Technology reported a net profit of 162 million yuan, a year-on-year increase of 69.22% [55] - Shunwang Technology's revenue was 1.01 billion yuan, up 25.09% year-on-year [55] Group 21 - Anbiping reported a net loss of 12.50 million yuan in the first half of 2025 [56] - Anbiping's revenue was 159 million yuan, down 30.11% year-on-year [56] - Jinhua Co. reported a net profit of 6.20 million yuan, a year-on-year decrease of 34.53% [57] - Jinhua Co.'s revenue was 241 million yuan, down 1.90% year-on-year [57] Group 22 - Xiehe Electronics achieved a net profit of 28.96 million yuan, a year-on-year decrease of 8.31% [59] - Xiehe Electronics' revenue was 451 million yuan, up 12.13% year-on-year [59] - Huguang Co. reported a net profit of 276 million yuan, a year-on-year increase of 8.40% [60] - Huguang Co.'s revenue was 3.63 billion yuan, up 6.20% year-on-year [60]

Investment Rating - The investment rating for the company is "Buy" (maintained) [1] Core Views - The company reported better-than-expected performance in Q2, driven by the high demand for PC games and growth in cloud computing and AI services [3][4] - Revenue for H1 2025 reached 1.01 billion yuan, a year-on-year increase of 25.09%, with net profit growing by 69.22% to 162 million yuan [3] - The company has adjusted its net profit forecasts for 2025-2027 to 368 million, 490 million, and 627 million yuan respectively, reflecting strong growth potential [3] Financial Performance - In H1 2025, the company achieved revenue of 1.01 billion yuan, with a net profit of 162 million yuan, and a non-recurring net profit of 140 million yuan [3] - Q2 2025 saw revenue of 432 million yuan, a year-on-year increase of 9.3%, and net profit of 88 million yuan, up 109.6% year-on-year [3] - The net profit margin improved by 3.9 percentage points year-on-year, attributed to economies of scale and a decrease in expense ratios [3] Market Trends - The domestic PC game market showed strong performance in July 2025, with a market size of 6.637 billion yuan, reflecting a 13% quarter-on-quarter increase and a 17% year-on-year increase [4] - The resurgence of PC games is expected to drive increased advertising spending by game developers in internet cafes and esports hotels, contributing to the company's revenue growth [4] Growth Drivers - The company's cloud computing services are expanding, with new products launched in gaming and healthcare sectors, indicating a potential new growth curve [5] - The participation in the ChinaJoy 2025 exhibition attracted 410,000 visitors, a 12% year-on-year increase, which may contribute significantly to Q3 revenue [5] Financial Projections - Revenue projections for 2025-2027 are set at 2.291 billion, 2.770 billion, and 3.294 billion yuan respectively, with year-on-year growth rates of 24.5%, 20.9%, and 18.9% [7] - The projected net profit for 2025-2027 is 368 million, 490 million, and 627 million yuan, with corresponding year-on-year growth rates of 46.2%, 33.1%, and 27.9% [7]

融资融券数据显示，该股最新（8月21日）两融余额为8.86亿元，其中，融资余额为8.83亿元，融券余额 为300.32万元。近5日融资余额合计增加5959.43万元，增幅为7.24%，融券余额合计增加36.08万元，增 幅13.65%。（数据宝） 顺网科技今日涨停，全天换手率16.72%，成交额22.39亿元，振幅16.76%。龙虎榜数据显示，机构净买 入1.07亿元，深股通净买入1.32亿元，营业部席位合计净买入6550.36万元。 深交所公开信息显示，当日该股因日收盘价涨幅达20.00%上榜，机构专用席位净买入1.07亿元，深股通 净买入1.32亿元。 证券时报·数据宝统计显示，上榜的前五大买卖营业部合计成交6.15亿元，其中，买入成交额为4.60亿 元，卖出成交额为1.55亿元，合计净买入3.05亿元。 具体来看，今日上榜的营业部中，共有1家机构专用席位现身，即买二，买入金额1.08亿元，卖出金额 17.90万元，合计净买入1.07亿元，深股通为第一大买入营业部及第一大卖出营业部，买入金额为1.93亿 元，卖出金额为6111.96万元，合计净买入1.32亿元。 资金流向方面，今日该股主力资金净流入2.7 ...

| 买入金额最大的前5名 | | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 序号 | 交易营业部名称 | | | | 英人会题(万) | 占总成交比例 | 美出含额(万) | 占总成交比例 | 净额(万)0 | | | ◎設過专用 | | 602次 48.01% | O | 19277.45 | 8.61% | 6111.96 | 2 73% | 13165.51 | | | 25 帆梅专用 | | 1614次 45 11% | . | 10754 82 | 4.80% | 17.90 | 0.01% | 10736.93 | | | 3 中信证券股份有限公司上海体汇区春运北路证券营业加 | 20次 | 45 00% | . | 6103.03 | 2.73% | 11.55 | 0.01% | 6091 48 | | | 国盛证券有限责任公司杭州建设三路证券营业部 | | 16次 50.00% | ﻒ | 6054 42 | 2.70% | 0.24 | 0.00% | 6054 18. | ...

Market Performance - The gaming sector increased by 3.01% on August 22, with Kunlun Wanwei leading the gains [1] - The Shanghai Composite Index closed at 3825.76, up 1.45%, while the Shenzhen Component Index closed at 12166.06, up 2.07% [1] Individual Stock Performance - Kunlun Wanwei (300418) closed at 44.38, up 20.01% with a trading volume of 2.1688 million shares and a transaction value of 9.047 billion [1] - Shunwang Technology (300113) also saw a rise of 20.00%, closing at 27.24 with a trading volume of 866,700 shares [1] - Other notable performers included ST Dazheng (600892) with a 5.07% increase, and Zhejiang Shuju Culture (600633) with a 3.77% increase [1] Capital Flow Analysis - The gaming sector experienced a net inflow of 1.491 billion in main funds, while retail investors saw a net outflow of 637 million [2][3] - Main funds showed significant interest in Kunlun Wanwei with a net inflow of 1.28 billion, while retail investors had a net outflow of 400 million [3] ETF Performance - The Gaming ETF (product code: 159869) tracked the China Securities Animation and Gaming Index, with a recent five-day increase of 2.53% and a net inflow of 21.067 million [5] - The Food and Beverage ETF (product code: 515170) saw a five-day increase of 3.13% but experienced a net outflow of 23.49 million [5]