武汉力源信息技术股份有限公司 2025 年第三季度报告 证券代码：300184 证券简称：力源信息 公告编号：2025-033 武汉力源信息技术股份有限公司 2025 年第三季度报告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导性陈述或重 大遗漏。 重要内容提示： 1.董事会、监事会及董事、监事、高级管理人员保证季度报告的真实、准确、完整，不存在虚假记载、 误导性陈述或重大遗漏，并承担个别和连带的法律责任。 2.公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)声明：保证季度报告中财务信息 的真实、准确、完整。 武汉力源信息技术股份有限公司 2025 年第三季度报告 一、主要财务数据 （一） 主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 □是 否 | | 本报告期 | 本报告期比上年同期 | 年初至报告期末 | 年初至报告期末比上 | | --- | --- | --- | --- | --- | | | | 增减 | | 年同期增减 | | 营业收入（元） | 2,446,619,309.38 | 12.61% | 6,480,392,134. ...

每经AI快讯，有投资者在投资者互动平台提问：请问我们公司与长江存储和长鑫存储有业务往来吗？ 主要业务是什么？ 力源信息（300184.SZ）10月21日在投资者互动平台表示，目前公司代理长鑫存储、武汉新芯的产品， 武汉新芯为长江存储旗下子公司。 （文章来源：每日经济新闻） ...

Core Viewpoint - Liyuan Information's stock price has experienced fluctuations, with a recent decline of 2.04% and a year-to-date increase of 13.29%, indicating volatility in market performance [1] Financial Performance - For the first half of 2025, Liyuan Information reported a revenue of 4.034 billion yuan, representing a year-on-year growth of 17.46% [2] - The net profit attributable to shareholders for the same period was 961.304 million yuan, showing a significant increase of 65.79% year-on-year [2] Stock and Shareholder Information - As of July 31, 2025, the number of shareholders for Liyuan Information was 120,100, a decrease of 3.84% from the previous period [2] - The average number of circulating shares per shareholder increased by 4.00% to 8,735 shares [2] - The company has cumulatively distributed 149 million yuan in dividends since its A-share listing, with no dividends distributed in the last three years [3] Institutional Holdings - As of June 30, 2025, notable institutional shareholders include Southern CSI 1000 ETF, holding 10.6984 million shares, and Huaxia CSI 1000 ETF, holding 6.2826 million shares, both of which are new shareholders [3] - Hong Kong Central Clearing Limited increased its holdings by 1.5265 million shares, now holding 6.1694 million shares [3]

Market Overview - The three major US stock indices closed mixed, with the Dow Jones up 0.44%, the Nasdaq down 0.76%, and the S&P 500 down 0.16%. Major tech stocks mostly declined, with Nvidia down over 4% and Walmart up 5%, reaching a record closing high [1] - The Nasdaq China Golden Dragon Index fell 1.95%, with Chinese concept stocks generally declining, including NIO down over 5% and Baidu down over 4% [1] Federal Reserve Insights - Federal Reserve Chair Jerome Powell warned of further signs of distress in the US labor market, suggesting a potential interest rate cut later this month. He indicated that the risk of job losses has increased, marking the strongest hint yet that the Fed may lower borrowing costs by 25 basis points [1] - Powell also mentioned that the Fed might soon end its long-standing efforts to reduce its balance sheet, known as quantitative tightening, to ensure sufficient liquidity in the financial system [1] Industry Developments - The China National Nuclear Corporation's Southwest Institute of Physics has made significant progress in key technologies for magnetic confinement nuclear fusion energy extraction, establishing a research platform for liquid metal and helium gas coolant systems, which enhances China's engineering verification capabilities [3] - The advancement supports the construction of China's fusion experimental reactor and the ITER project, positioning nuclear fusion as a key focus in global energy strategies [3] - The demand for large-capacity storage products is rising due to AI inference applications, prompting HDD and SSD suppliers to expand their offerings. The HDD market faces a significant supply gap, leading NAND Flash manufacturers to accelerate production of ultra-large capacity SSDs [4][5] - The storage industry is expected to see a recovery driven by limited capacity and unexpected demand, with DRAM prices rising approximately 72% over the past six months [5] - Shanghai's Economic and Information Technology Commission has issued a development plan for the smart terminal industry, emphasizing the need for advancements in AI and computing technologies [6] Company Announcements - Magnetic Valley Technology announced that a shareholder plans to reduce their stake by up to 0.86% of the total share capital [7] - Tianli Lithium Energy disclosed that a shareholder intends to reduce their holdings by up to 3% of the total share capital [7] - Ruyi Group received a notice from the China Securities Regulatory Commission regarding an investigation for suspected information disclosure violations, but operations remain normal [7] - Huayi Technology announced a plan for a shareholder to reduce their stake by up to 3% of the total share capital [8]

Market Overview - The other electronic sector experienced a decline of 1.69% on October 10, with C Yunhan leading the drop [1] - The Shanghai Composite Index closed at 3897.03, down 0.94%, while the Shenzhen Component Index closed at 13355.42, down 2.7% [1] Stock Performance - Notable gainers included: - Jingquanhua (002885) with a closing price of 20.52, up 10.03% and a trading volume of 298,400 shares [1] - Igor (002922) closed at 23.00, up 5.50% with a trading volume of 508,900 shares [1] - Chuangyitong (300991) closed at 41.81, up 3.16% with a trading volume of 73,100 shares [1] - Major decliners included: - C Yunhan (301563) closed at 142.27, down 13.55% with a trading volume of 82,900 shares [2] - Tailong Co. (300650) closed at 18.55, down 8.85% with a trading volume of 273,200 shares [2] - Liyuan Information (300184) closed at 11.38, down 7.78% with a trading volume of 1,224,600 shares [2] Capital Flow - The other electronic sector saw a net outflow of 401 million yuan from institutional investors, while retail investors experienced a net inflow of 187 million yuan [2] - Notable capital inflows included: - Xiangnan Xinchuan (300475) with a net inflow of 216 million yuan from institutional investors [3] - Igor (002922) with a net inflow of 138 million yuan from institutional investors [3] - Conversely, significant outflows were observed in: - Jingquanhua (002885) with a net outflow of 116 million yuan from institutional investors [3] - Keleke (002782) with a net outflow of 56 million yuan from retail investors [3]

Core Insights - Liyuan Information's stock increased by 0.42% on September 30, with a trading volume of 1.611 billion yuan, while the net financing buy was negative at 72.79 million yuan [1] Financing Overview - On September 30, Liyuan Information had a financing buy of 175 million yuan and a financing repayment of 248 million yuan, resulting in a net financing buy of -72.79 million yuan [1] - The total financing and securities lending balance for Liyuan Information as of September 30 was 930 million yuan, with the current financing balance at 929 million yuan, accounting for 6.71% of the circulating market value [1] Shareholder and Financial Performance - As of July 31, Liyuan Information had 120,100 shareholders, a decrease of 3.84% from the previous period, with an average of 8,735 circulating shares per shareholder, an increase of 4.00% [2] - For the first half of 2025, Liyuan Information reported a revenue of 4.034 billion yuan, a year-on-year increase of 17.46%, and a net profit attributable to shareholders of 96.13 million yuan, up 65.79% year-on-year [2] Dividend and Institutional Holdings - Since its A-share listing, Liyuan Information has distributed a total of 149 million yuan in dividends, with no dividends paid in the last three years [2] - As of June 30, 2025, among the top ten circulating shareholders, notable new entrants include Southern CSI 1000 ETF and Huaxia CSI 1000 ETF, with holdings of 10.6984 million shares and 6.2826 million shares, respectively [2]

Market Performance - The other electronic sector increased by 1.37% on September 29, with Xiangnon Chip leading the gains [1] - The Shanghai Composite Index closed at 3862.53, up 0.9%, while the Shenzhen Component Index closed at 13479.43, up 2.05% [1] Top Gainers - Xiangnon Chip (300475) closed at 84.26, up 8.23% with a trading volume of 418,800 shares and a transaction value of 349 million [1] - Yachuang Electronics (660106) closed at 42.84, up 8.05% with a trading volume of 184,400 shares and a transaction value of 802 million [1] - Tailong Co. (300650) closed at 21.53, up 4.82% with a trading volume of 342,400 shares and a transaction value of 730 million [1] Top Losers - Wolong Nuclear Materials (002130) closed at 30.96, down 4.71% with a trading volume of 2,167,600 shares and a transaction value of 6.791 billion [2] - Xuguang Electronics (600353) closed at 16.68, down 1.88% with a trading volume of 234,500 shares and a transaction value of 390 million [2] - Hanshuo Technology (301275) closed at 53.87, down 1.16% with a trading volume of 14,100 shares and a transaction value of 75.8 million [2] Capital Flow - The other electronic sector experienced a net outflow of 969 million from main funds, while retail investors saw a net inflow of 884 million [2] - The main funds' net inflow and outflow for specific stocks varied, with Zhongrong Electric (301031) seeing a net outflow of 58.59 million from main funds [3] Individual Stock Analysis - Yachuang Electronics (301099) had a net inflow of 54.64 million from main funds, while retail investors experienced a net outflow of 65.18 million [3] - Liyuan Information (300184) had a net inflow of 36.39 million from main funds, with a minimal net inflow from retail investors [3] - Guoli Electronics (688103) saw a net inflow of 25.20 million from main funds, while retail investors had a net outflow of 11.80 million [3]

Core Viewpoint - The company is actively expanding its presence in the AI robotics sector by providing sample products to Zhiyuan Robotics, indicating a strategic move towards growth in this emerging market [1] Group 1 - The company has supplied a small quantity of sample products to Zhiyuan Robotics for their agency product line [1] - The company is making significant efforts to establish itself in the AI robotics field, with some customers already taking delivery of products, although sales figures remain low [1] - Future plans include promoting various products such as MCU, power supplies, main control units, storage, and sensors in the relevant sectors [1]

Group 1 - The company is currently providing a small number of sample products to ZhiYuan Robotics as part of their collaboration in the robotics field [2] - The company is actively expanding its presence in the AI robotics sector, with some customers already placing orders, although sales revenue remains low [2] - Future plans include promoting products such as MCU, power supplies, main control units, storage, and sensors in the relevant fields [2]

Group 1 - The company has no current collaboration with Yushu Technology, despite increasing market demand for robotics [2] - The company is actively laying out its strategy in the AI robotics sector, with some customers already placing orders, although sales volume remains small [2] - Future plans include promoting products such as MCU, power supplies, main control units, storage, and sensors in related fields [2]