证券代码：300383 证券简称：光环新网 公告编号：2025-047 北京光环新网科技股份有限公司 关于子公司向银行申请授信额度的公告 本公司及董事会全体成员保证信息披露的内容真实、准确和完整， 没有虚假记载、误导性陈述或重大遗漏。 1、同意子公司光环云数据有限公司向北京中关村银行股份有限公司申请续 期授信额度不超过人民币 1,000.00 万元（最终授信金额以银行实际审批结果为 准），期限不超过 1 年。 2、同意子公司海鹦（海南）技术有限公司向兴业银行股份有限公司海口分 行申请授信额度不超过人民币 1,400.00 万元（最终授信金额以银行实际审批结 果为准），授信期限以签订的相关合同等法律文件的约定为准，同意海鹦（海南） 技术有限公司为上述授信提供保证金质押担保，担保期限和担保范围以签订的相 关合同等法律文件的约定为准。 以上授信具体用款金额将根据上述子公司运营资金的实际需求确定，董事会 授权子公司法定代表人代表子公司与上述银行签署有关合同、协议、凭证等各项 法律文件。 截至本公告日，公司及子公司已获得银行审批且尚在审议有效期内的授信额 度为人民币 1,281,677.31 万元，累计申请授信额度不超 ...

证券代码：300383 证券简称：光环新网 公告编号：2025-045 北京光环新网科技股份有限公司 第六届董事会 2025 年第三次会议决议公告 公司及董事会全体成员保证信息披露的内容真实、准确和完整， 没有虚假记载、误导性陈述或重大遗漏。 一、董事会会议召开情况 北京光环新网科技股份有限公司（以下简称"公司"）第六届董事会 2025 年第三次会议（以下简称"本次会议"）于 2025 年 10 月 22 日 10 时在北京市东 城区东中街9号东环广场A座三层公司会议室以现场与通讯表决相结合的方式召 开，会议通知已于 2025 年 10 月 17 日以电子邮件方式发出。会议应到董事 7 名， 实到董事 7 名。公司高级管理人员列席会议，会议由董事长杨宇航先生主持。会 议召开符合《公司法》和《公司章程》的规定。 本次会议以记名投票的方式，通过了如下决议： 1、审议通过《2025 年第三季度报告》； 本议案已经第六届董事会审计委员会 2025 年第二次会议审议通过并取得明 确同意的意见。 具体内容详见公司披露在中国证监会指定创业板信息披露网站的《2025 年 第三季度报告》。 表决情况：全体董事以 7 票赞成、0 ...

证券代码：300383 证券简称：光环新网 公告编号：2025-046 北京光环新网科技股份有限公司 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.董事会及董事、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。 3.第三季度财务会计报告是否经过审计 □是 否 一、主要财务数据 （一） 主要会计数据和财务指标 | | 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） | 1,762,945,514.48 | -7.63% | 5,478,776,245.06 | -5.96% | | 归属于上市公司股东 的净利润（元） | 28,581,322.43 | -69.43% | 143 ...

| 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 603322 | 超讯通信 | 52.89 | -4.74% | 21.88万 | 11.72亿 | | 300571 | 平治信息 | 32.44 | -3.85% | 5.51万 | 1.80亿 | | 603881 | 数据港 | 32.90 | -1.76% | 17.58万 | 5.81亿 | | 300383 | 光环新网 | 13.25 | -1.49% | P 27.99万 | 3.73亿 | | 301382 | 蜂助手 | 32.12 | -1.14% | 3.83万 | 1.23亿 | | 300310 | 宜通世纪 | 5.71 | -0.87% | 14.30万 | 8173.30万 | | 002544 | 普天科技 | 23.92 | -0.83% | 10.16万 | 2.44亿 | | 300025 | 来喜剧小 | 6.10 | -0.65% | 10.74万 | 6574.60万 | | 603206 | 嘉林 ...

10月20日，光环新网盘中上涨2.03%，截至09:35，报13.54元/股，成交7132.99万元，换手率0.29%，总 市值243.39亿元。 资金流向方面，主力资金净流出356.73万元，特大单买入114.02万元，占比1.60%，卖出630.99万元，占 比8.85%；大单买入1604.48万元，占比22.49%，卖出1444.23万元，占比20.25%。 光环新网所属申万行业为：通信-通信服务-通信应用增值服务。所属概念板块包括：华为鲲鹏、 SAAS、区块链、阿里概念、字节跳动概念等。 截至6月30日，光环新网股东户数13.57万，较上期减少6.69%；人均流通股13213股，较上期增加 7.16%。2025年1月-6月，光环新网实现营业收入37.16亿元，同比减少5.15%；归母净利润1.15亿元，同 比减少57.01%。 分红方面，光环新网A股上市后累计派现6.01亿元。近三年，累计派现2.88亿元。 机构持仓方面，截止2025年6月30日，光环新网十大流通股东中，香港中央结算有限公司位居第二大流 通股东，持股4784.04万股，相比上期减少60.23万股。易方达创业板ETF（159915）位居 ...

Summary of AI Industry Conference Call Industry Overview - The AI chip demand is surging, driving the development of the industry chain, with major players like Meta and Google accelerating their ASIC chip deployments and repeatedly raising their demand forecasts for 2026, particularly with Google's V7 chip set to fully adopt liquid cooling technology [1][2] Key Points and Arguments - **Liquid Cooling Technology**: - Liquid cooling has become a standard for AI giants, with Google planning to fully adopt it by 2026 and Meta already implementing it in their self-developed chips [1][3] - Infinet is collaborating with Google to develop a universal CDU suitable for various ASIC chips, indicating a trend towards silent liquid cooling in the future [1][4] - **High-Speed Optical Modules**: - The evolution towards 1.6T optical modules is evident, with Google's V7 chip primarily utilizing this technology, benefiting leading companies like Zhongji Xuchuang and Xinyi Sheng [1][5] - The demand for CW light sources is also increasing, positively impacting companies like Yuanjie Technology [1][5] - **OCS Switches**: - Google's OCS switches are expected to achieve over 50% growth next year, benefiting manufacturers like Dekoli and Guangku Technology, as well as component suppliers like Tengjing Technology and Juguang Technology [1][6] - **Competitive Advantages**: - Infinet stands out in the global AI industry chain due to its comprehensive solutions and delivery capabilities, having secured clients like Intel, Meta, Google, and OpenAI [1][7][8] - Zhongji Xuchuang and Xinyi Sheng are recognized as leaders in the high-speed optical module sector, while Yuanjie Technology is a key supplier in the CW light source market [1][8] Additional Insights - **Market Dynamics**: - The global AI industry chain is accelerating, particularly in overseas markets, with OpenAI collaborating with major chip companies like Broadcom, AMD, and NVIDIA, creating a significant siphoning effect [2] - The domestic AI computing card market is currently facing a supply shortage, but improvements are expected in 2026, with major domestic players like Alibaba, ByteDance, and Tencent likely to increase their AI investments significantly [11] - **Emerging Technologies**: - The supernode technology is anticipated to explode in 2026, presenting opportunities across various sectors, including chips, machine manufacturing, optical modules, liquid cooling, copper connections, and server power supplies [12][13] - **AIDC Sector Outlook**: - The AIDC sector, which includes data center construction and power systems, is expected to see improved bidding progress as domestic chip supply increases in 2026, benefiting companies in cooling, power supply, and data center management [14] - **Market Volatility**: - Short-term market fluctuations due to tariff disturbances are not expected to alter the long-term growth trajectory of the AI industry, with upcoming catalysts likely to positively impact the entire industry chain [15]

10月14日，光环新网大宗交易成交17万股，成交额225.59万元，占当日总成交额的0.26%，成交价13.27 元，较市场收盘价13.97元折价5.01%。 | 权益类证券大宗交易(协议交易) | | | | | | | | 回 下载 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 交易日期 | 证券代码 | 证券简称 | 成交价格 | 成交量 | 成交金额 | 买方营业部 | 卖方营业部 | | | | | | (元) | (万股/万份) | (万元) | | | | | 2025-10-14 | 300383 | 光环新网 | 13.27 | 17.00 | 225.59 中信证券股份有限 | | 中银国际证券股份 | | | | | | | | | 公司北京呼家楼证 | 有限公司丹东三经 | | | | | | | | | 共营业单 | 体式共营业城 | | ...

Investment Rating - The report suggests to continue focusing on investment opportunities within the communication industry [2] Core Insights - The communication industry showed steady revenue growth and accelerated profitability in H1 2025, with total revenue reaching 1785.003 billion yuan, a year-on-year increase of 10.07%, and net profit attributable to shareholders at 160.432 billion yuan, up 11.26% year-on-year [4][7] - The AI computing industry chain is expected to continue accelerating its development in 2025, benefiting the communication industry [17][19] Summary by Sections H1 2025 Performance Overview - The communication industry achieved a total revenue of 1785.003 billion yuan in H1 2025, with a year-on-year growth of 10.07%, and a net profit of 160.432 billion yuan, reflecting an 11.26% increase [4][7] Segment Performance Changes - In H1 2025, the optical module and device segment reported revenue of 47.988 billion yuan, a year-on-year increase of 64.88%, and net profit of 10.876 billion yuan, up 111.99% [25] - The communication PCB segment achieved revenue of 57.249 billion yuan, a year-on-year increase of 37.66%, and net profit of 8.058 billion yuan, up 80.79% [31] - The network equipment segment generated revenue of 507.111 billion yuan, a year-on-year increase of 28.86%, with net profit of 19.184 billion yuan, up 19.57% [37] AI Industry Chain Investment - Major overseas cloud companies are expected to maintain optimistic growth in capital expenditures, with a total of 95 billion USD in Q2 2025, reflecting an 82.96% year-on-year increase [17] - Companies like Oracle and Nvidia are showing strong growth prospects in their AI-related businesses, with Oracle's unfulfilled revenue reaching 455 billion USD, a year-on-year increase of 359% [22][19]

Group 1 - The core point of the news is that Guanghuan New Network's stock price has dropped by 5.04%, currently trading at 15.08 CNY per share, with a total market capitalization of 27.108 billion CNY [1] - Guanghuan New Network, established on January 27, 1999, and listed on January 29, 2014, primarily engages in Internet Data Center (IDC) services and cloud computing, with revenue composition of 69.17% from cloud computing and related services, 28.83% from IDC and its value-added services, 1.40% from other services, and 0.59% from Internet broadband access services [1] Group 2 - Xin Yuan Fund has a significant holding in Guanghuan New Network, with its Xin Yuan Consumer Selection Mixed Fund A (017467) increasing its position by 35,500 shares in the second quarter, now holding a total of 68,600 shares, which represents 4.41% of the fund's net value [2] - The Xin Yuan Consumer Selection Mixed Fund A was established on March 24, 2023, with a current size of 12.7525 million CNY, and has experienced a loss of 3.3% this year, ranking 8118 out of 8171 in its category [2] Group 3 - The fund manager of Xin Yuan Consumer Selection Mixed Fund A is Yao Qifan, who has been in the position for 88 days, with the fund's total asset size at 22.2211 million CNY, achieving a best return of 11.23% and a worst return of 5.79% during his tenure [3]

Core Viewpoint - The stock of Guanghuan Xinnet experienced a decline of 5.04%, trading at 15.08 CNY per share, with a total market capitalization of 27.11 billion CNY as of the report date [1] Company Overview - Guanghuan Xinnet Technology Co., Ltd. was established on January 27, 1999, and went public on January 29, 2014. The company is based in Dongcheng District, Beijing, and primarily operates in the Internet Data Center (IDC) and cloud computing sectors [1] - The revenue composition of the company includes: 69.17% from cloud computing and related services, 28.83% from IDC and its value-added services, 1.40% from other services, and 0.59% from internet broadband access services [1] Fund Holdings - According to data, a fund under Renbao Asset holds a significant position in Guanghuan Xinnet. The Renbao Industry Rotation Mixed A Fund (006573) reduced its holdings by 24,600 shares in the second quarter, now holding 41,200 shares, which represents 1% of the fund's net value, ranking it as the ninth largest holding [2] - The fund has experienced a floating loss of approximately 33,000 CNY as of the report date [2] Fund Manager Performance - The fund manager Liu Shikai has been in charge for 1 year and 8 days, with the fund's total asset size at 1.547 billion CNY. During his tenure, the best fund return was 51.92%, while the worst was 15.88% [3] - Another manager, Yang Kun, has been managing for 8 years and 17 days, with a total asset size of 131 million CNY. His best fund return was 74.82%, and the worst was -18.82% during his tenure [3]