（文章来源：证券日报） 证券日报网讯汉得信息11月7日在互动平台回答投资者提问时表示，截至2025年10月31日，公司股东人 数约12.6万户。 ...

截至10月10日，汉得信息股东户数13.00万，较上期减少0.40%；人均流通股7476股，较上期增加 0.40%。2025年1月-9月，汉得信息实现营业收入24.39亿元，同比增长3.67%；归母净利润1.45亿元，同 比增长6.96%。 11月5日，汉得信息跌1.81%，成交额7.18亿元。两融数据显示，当日汉得信息获融资买入额8496.11万 元，融资偿还8867.57万元，融资净买入-371.46万元。截至11月5日，汉得信息融资融券余额合计11.85 亿元。 融资方面，汉得信息当日融资买入8496.11万元。当前融资余额11.82亿元，占流通市值的6.46%，融资 余额低于近一年40%分位水平，处于较低位。 融券方面，汉得信息11月5日融券偿还1.79万股，融券卖出2300.00股，按当日收盘价计算，卖出金额 4.13万元；融券余量12.07万股，融券余额216.54万元，低于近一年50%分位水平，处于较低位。 资料显示，上海汉得信息技术股份有限公司位于上海市青浦区汇联路33号，成立日期2002年7月15日， 上市日期2011年2月1日，公司主营业务涉及ERP软件实施、客户支持和软件外包业务。主营业 ...

汉得信息今年以来股价涨44.92%，近5个交易日涨2.64%，近20日跌4.79%，近60日跌10.37%。 今年以来汉得信息已经8次登上龙虎榜，最近一次登上龙虎榜为3月7日，当日龙虎榜净买入-5.17亿元； 买入总计11.00亿元 ，占总成交额比8.82%；卖出总计16.17亿元 ，占总成交额比12.97%。 资料显示，上海汉得信息技术股份有限公司位于上海市青浦区汇联路33号，成立日期2002年7月15日， 上市日期2011年2月1日，公司主营业务涉及ERP软件实施、客户支持和软件外包业务。主营业务收入构 成为：产业数字化-C2M33.82%，泛ERP31.16%，财务数字化-GMC23.50%，IT外包-ITO11.19%，其他 业务0.32%。 11月5日，汉得信息盘中下跌2.03%，截至09:44，报17.90元/股，成交1.17亿元，换手率0.67%，总市值 182.62亿元。 分红方面，汉得信息A股上市后累计派现4.15亿元。近三年，累计派现1.25亿元。 资金流向方面，主力资金净流出1482.14万元，特大单买入275.85万元，占比2.36%，卖出749.73万元， 占比6.41%；大单买入1 ...

Market Trends - The domestic market indices showed positive performance with the Shanghai Composite Index closing at 3,976.52, up by 0.55% [4] - The report highlights the performance of various sectors, including power equipment and new energy, with significant developments in companies like JianTou Energy and others [4][10] Industry Commentary - The power equipment and new energy sector is focusing on multi-energy integration, emphasizing wind, solar, water, and nuclear energy during the 14th Five-Year Plan [6][8] - The National Energy Administration outlined five key areas for the development of new energy during the 14th Five-Year Plan, including expanding supply and improving consumption levels [8] Company Analysis - JianTou Energy reported a significant increase in Q3 earnings, with a net profit of 6.86 billion yuan, up 566.79% year-on-year, driven by cost optimization and stable electricity demand [12][13] - The company plans to enhance its competitive edge through a capital increase to support the construction of the Xibaipo Power Plant, which will utilize advanced coal-fired power generation technology [15] - The report indicates that JianTou Energy's revenue for the first three quarters reached 164.82 billion yuan, a 4.51% increase year-on-year [12] Price Tracking - The report provides insights into the pricing trends of various materials, including polysilicon, silicon wafers, and battery components, indicating a stable pricing environment despite fluctuations in demand [11][9][11] - The average price of polysilicon remains stable at 52.0 yuan/kg, while silicon wafer prices are also holding steady, suggesting a balanced supply-demand scenario [8][9] Investment Recommendations - The report recommends focusing on companies involved in new technologies and supply-side improvements, such as Aiko Solar and Longi Green Energy, while also highlighting opportunities in energy storage and market-oriented electricity sectors [11][12] - Companies like Xinyi Solar and Tongwei Co. are suggested for their strong market positions and growth potential in the renewable energy sector [11][12]

Investment Rating - The report maintains an "Outperform" rating for the computer sector, suggesting a focus on semiconductor supply chains benefiting from eased export controls and AI commercialization driven by technological breakthroughs [4][10]. Core Insights - The easing of US-China tech tensions provides a one-year buffer for the global high-tech supply chain, with the US pausing the "50% penetration rule" and China delaying export controls on rare earths, creating certainty for the flow of key tech components [4][10]. - NVIDIA's GTC conference showcased significant advancements, including the launch of the Vera Rubin chip with a performance increase of 3.3 times, and plans for further enhancements by 2027 [4][10]. - Domestic breakthroughs in AI computing power are highlighted by Moore Threads' successful IPO, raising RMB 8 billion for AI chip development, marking a significant step towards technological autonomy [4][10]. Summary by Sections Investment Recommendations - Key investment targets include Wuxi Unicomp Technology, Beijing Kingsoft Office Software, Hand Enterprise, Hikvision, Newland Digital Technology, Autel, Hygon, with Dawning Information Industry as a related target [4][10]. Market Developments - The report notes that international cooperation and self-sufficiency are emerging as dual tracks in global AI computing power development, with NVIDIA's agreements in South Korea significantly boosting local AI infrastructure [4][10]. Financial Projections - The report includes earnings per share (EPS) forecasts for recommended companies, with notable figures such as Wuxi Unicomp Technology projected to have an EPS of 1.30 in 2025, and Hikvision with an EPS of 1.47 in the same year [5].

Core Viewpoint - The company reported steady revenue growth driven by self-developed products and strategic new businesses, with improvements in gross margin due to optimized business structure and product maturity [2]. Financial Performance - In the first three quarters of 2025, the company achieved revenue of 2.439 billion yuan, a year-on-year increase of 3.67%, and a net profit attributable to shareholders of 145 million yuan, up 6.96% year-on-year [1]. - For Q3 2025, the company reported revenue of 864 million yuan, a year-on-year increase of 3.91%, and a net profit attributable to shareholders of 60 million yuan, up 15.00% year-on-year [1]. Business Segments - The self-developed software business maintained steady growth, with revenue from industrial digitalization reaching 833 million yuan, up 13.58% year-on-year, and financial digitalization revenue at 577 million yuan, up 4.55% year-on-year [2]. - The company adjusted its strategy by reducing the scale of the generic ERP segment, resulting in a revenue decline of 4.95% to 748 million yuan [2]. - The gross margin for the first three quarters reached 34.92%, an increase of 2.13 percentage points year-on-year [2]. AI Product Development - The company is enhancing its AI product offerings, with Q3 AI business revenue reaching approximately 100 million yuan and total revenue for the first three quarters at about 210 million yuan [3]. - The company aims to achieve 300 million yuan in AI revenue and 400-500 million yuan in AI orders this year, with a target of 500-600 million yuan in AI revenue next year [3]. Investment Outlook - The company is focused on intelligent manufacturing, digital marketing, and large enterprise financial management, with expectations for accelerated growth in AI business revenue [4]. - The adjusted earnings per share (EPS) forecast for 2025-2027 is 0.25, 0.30, and 0.36, respectively, with corresponding price-to-earnings (PE) ratios of 72.4, 60.6, and 50.0 [4].

Investment Rating - The report maintains a "Buy-A" rating for the company [2][9] Core Insights - The company's revenue for the first three quarters of 2025 reached 2.439 billion yuan, a year-on-year increase of 3.67%, with a net profit attributable to shareholders of 145 million yuan, up 6.96% year-on-year [5] - The company's gross margin improved to 34.92%, an increase of 2.13 percentage points compared to the same period last year, driven by product structure optimization and the maturity of self-developed products [6] - AI product commercialization is accelerating, with AI business revenue reaching approximately 210 million yuan in the first three quarters, and a target of 300 million yuan in AI revenue for the current year [7] Financial Performance - For the first three quarters of 2025, the company's revenue from industrial digitalization reached 833 million yuan, a year-on-year increase of 13.58%, while financial digitalization revenue was 577 million yuan, up 4.55% [6] - The company reported a net profit margin of 6.13% for the first three quarters, an increase of 0.14 percentage points year-on-year [6] - The projected earnings per share (EPS) for 2025-2027 are 0.25, 0.30, and 0.36 yuan, respectively, with corresponding price-to-earnings (P/E) ratios of 72.4, 60.6, and 50.0 [8][11]

汉得信息成立于 2002 年 7 月 15 日，于 2011 年 2 月 1 日在深圳证券交易所上市，注册地址和办公地址均 为上海市。它是企业数字化综合供应商，面向大型企业提供数字化软件等服务，累计服务超 7000 家行业 头部企业。 汉得信息主营业务包括 ERP 软件实施、客户支持和软件外包业务，所属申万行业为计算机 - IT 服务Ⅱ - IT 服务Ⅲ，所属概念板块有 AIAgent（智能体）、AIGC 概念、ERP 概念、核聚变、超导概念、核电。 经营业绩：营收行业 22/131，净利润行业 19/131 2025 年三季度，汉得信息实现营业收入 24.39 亿元，行业排名 22/131，低于行业第一名神州数码1023.65 亿元、第二名紫光股份773.22 亿元，也低于行业平均数 28.33 亿元，但高于行业中位数 4.73 亿元。当期净 利润为 1.49 亿元，行业排名 19/131，低于第一名紫光股份 17.23 亿元、第二名宝信软件11.33 亿元，高于 行业平均数 2596.07 万元和行业中位数 583.1 万元。 资产负债率低于同业平均，毛利率高于同业平均 偿债能力方面，2025 年三季度汉 ...

Core Viewpoint - Han's Information Technology Co., Ltd. has seen a 5% increase in stock price, reaching 18.06 CNY per share, with a total market capitalization of 18.425 billion CNY as of October 31 [1] Group 1: Company Overview - Han's Information, established on July 15, 2002, and listed on February 1, 2011, is based in Qingpu District, Shanghai [1] - The company's main business includes ERP software implementation, customer support, and software outsourcing [1] - Revenue composition: Industry Digitalization-C2M 33.82%, General ERP 31.16%, Financial Digitalization-GMC 23.50%, IT Outsourcing-ITO 11.19%, Other 0.32% [1] Group 2: Shareholder Information - Southern Fund's Southern CSI 1000 ETF (512100) is among the top ten circulating shareholders of Han's Information, having reduced its holdings by 95,600 shares in Q3 [2] - The current holding of Southern CSI 1000 ETF is 9.0096 million shares, representing 0.93% of circulating shares, with an estimated floating profit of approximately 7.7483 million CNY [2] - The fund has a total scale of 76.63 billion CNY and has achieved a year-to-date return of 27.12% [2] Group 3: Fund Manager Performance - The fund manager of Southern CSI 1000 ETF is Cui Lei, who has been in the position for 6 years and 360 days, managing assets totaling 122.76 billion CNY [3] - During Cui Lei's tenure, the best fund return was 182.39%, while the worst was -15.93% [3] Group 4: Additional Fund Holdings - Southern Fund's Southern Growth Enterprise Mid-cap 200 ETF (159270) also holds Han's Information as a significant position, with 27,600 shares, accounting for 1.03% of the fund's net value [4] - The estimated floating profit from this holding is around 23,700 CNY [4] - The fund has a total scale of 50.5842 million CNY and has achieved a return of 11.13% since inception [4] Group 5: Additional Fund Manager Information - The fund managers for Southern Growth Enterprise Mid-cap 200 ETF are He Dianhong and Zhao Zhuoxiong, both with a tenure of 1 year and 1 day [5] - He Dianhong manages assets totaling 27.6 million CNY, with a best return of 60.17% and a worst return of -3.19% [5] - Zhao Zhuoxiong manages assets of 54.6 million CNY, with the same best return of 60.17% and a worst return of 12.61% [5]

Group 1 - The core point of the news is that Han's Information has seen a stock price increase of 1.51% to 17.45 CNY per share, with a total market capitalization of 17.747 billion CNY, and a cumulative increase of 6.08% over the last three days [1] - Han's Information's main business segments include: Industry Digitalization-C2M (33.82%), General ERP (31.16%), Financial Digitalization-GMC (23.50%), IT Outsourcing-ITO (11.19%), and Other Businesses (0.32%) [1] - The trading volume for Han's Information reached 9.56 billion CNY with a turnover rate of 5.59% [1] Group 2 - According to data, Debon Fund holds a significant position in Han's Information through its fund Debon Stable Growth Flexible Allocation Mixed A (004260), which has maintained 590,400 shares, accounting for 6.29% of the fund's net value [2] - The fund has generated a floating profit of approximately 153,500 CNY today and 590,400 CNY during the three-day increase [2] - The fund's performance this year is 0.57%, ranking 7958 out of 8155 in its category, while it has achieved a 13.43% return over the past year, ranking 5153 out of 8029 [2] Group 3 - The fund managers of Debon Stable Growth Flexible Allocation Mixed A are Lei Tao and Lu Yang, with Lei Tao having a tenure of 3 years and 306 days and Lu Yang having a tenure of 2 years and 5 days [3] - Lei Tao's fund has a total asset scale of 13.49 billion CNY, with the best return during his tenure being 275.21% and the worst being -35.36% [3] - Lu Yang's fund has a total asset scale of 10.935 billion CNY, with the same best return of 275.21% and a worst return of 8.59% during his tenure [3]