证券代码：300383 证券简称：光环新网 公告编号：2024-021 北京光环新网科技股份有限公司 第五届董事会 2024 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"）第五届董事会 2024 年 第三次会议（以下简称"本次会议"）于 2024 年 8 月 28 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 2024 年 8 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。公司监事及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。 二、董事会会议审议情况 本次会议以记名投票的方式，通过了如下决议： 1、审议通过《2024 年半年度报告》及其摘要； 本议案已经第五届董事会审计委员会 2024 年第三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《2024 年 半年度报告》 ...

Group 1: Company Operations and Financial Performance - The company officially launched its computing power center in Beijing in August 2023 and expanded its computing power business in March 2024, deploying resources in Tianjin [2] - The company is currently facing challenges in its computing power business due to tightened U.S. export controls on advanced AI chips, but this has not significantly impacted overall operations [2] - The company is experiencing a decline in gross profit margin due to rising operational costs from new data center projects and increased electricity prices [3] Group 2: Data Center Expansion Plans - Ongoing data center projects include Shanghai Phase II, Yanjiao Phase III and IV, Tianjin Baodi, Changsha, and Hangzhou, with careful consideration of market conditions and customer demand for new projects [3] - The company is cautious about expanding its data center capacity due to a current oversupply in the market, which affects pricing and profitability [3] Group 3: Energy Efficiency and Sustainability Initiatives - The company is actively implementing energy-saving renovations and complying with government regulations to monitor energy consumption in data centers [4] - Initiatives include upgrading cooling systems and promoting distributed photovoltaic power generation projects to enhance renewable energy utilization [4] Group 4: IDC Business Overview - The IDC business remains a key focus, with major projects in Shanghai and Yanjiao expected to contribute to stable business development [4] - The company is adopting a modular production approach based on customer orders to ensure steady progress in project implementation [4] Group 5: Cloud Computing and SaaS Services - The cloud computing business includes operations with Amazon Web Services in Beijing, which is experiencing stable growth [5] - Subsidiary Wushuang Technology, providing SaaS services for data monitoring and evaluation, has faced challenges due to industry adjustments but is seeing signs of recovery [5]

证券代码：300383 证券简称：光环新网 北京光环新网科技股份有限公司投资者关系活动记录表 编号：2024-005  特定对象调研 □分析师会议 □媒体采访 □业绩说明会 投资者关系活动 □新闻发布会 □路演活动 类别 □现场参观 □其他 （请文字说明其他活动内容） 参与单位名称及 美银证券 庄亚林、李慧群、王子涵 人员姓名 时间 2024 年 7 月 9 日 15:00-16:00 地点 线上会议 上市公司接待人 董事会秘书 高宏 员姓名 证券事务代表 陈静 公司情况简要介绍： 公司已经上市 10 年，主要业务以 IDC 业务和云计算业务 ...

Investment Rating - The report upgrades the investment rating of the company to "Recommended" [4]. Core Views - The company reported steady revenue growth with a 2023 annual revenue of 7.85546 billion yuan, an increase of 9.24% year-on-year, and a net profit attributable to shareholders of 388 million yuan, up 144.09% [4]. - In Q1 2024, the company achieved a revenue of 1.978 billion yuan, a quarter-on-quarter increase of 2.91%, with a gross margin of 18.67%, up 2.13% [4]. - The company's cloud computing and IDC (Internet Data Center) services are driving its core competitiveness, with cloud computing revenue in 2023 reaching 5.544 billion yuan, a year-on-year increase of 10.56%, accounting for 70.58% of total revenue [4]. - The company is actively planning global IDC deployments, including a project in Johor, Malaysia, which will enhance its international competitiveness in the IDC business [4]. Financial Summary - The company forecasts a net profit of 564.76 million yuan for 2024, 653.28 million yuan for 2025, and 759 million yuan for 2026, with corresponding EPS of 0.31 yuan, 0.36 yuan, and 0.42 yuan [5]. - The projected PE ratios for the same years are 28.20 times, 24.38 times, and 20.98 times, respectively [5]. - The gross margin is expected to stabilize around 16.00% in 2024, with a gradual increase to 17.00% by 2026 [5].

证券代码：300383 证券简称：光环新网 公告编号：2024-020 北京光环新网科技股份有限公司 2023 年年度权益分派实施公告 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。 北京光环新网科技股份有限公司（以下简称"公司"）2023 年年度权益分 派方案已获 2024 年 4 月 24 日召开的 2023 年度股东大会审议通过，现将权益分 派事宜公告如下： 一、股东大会审议通过权益分派方案的情况 1、公司于 2024 年 4 月 24 日召开的 2023 年度股东大会审议通过了《关于公 司 2023 年度利润分配方案的议案》，具体内容详见公司于同日披露在证监会指定 信息披露网站的《2023 年度股东大会决议公告》（公告编号：2024-017）。 公司 2023 年度利润分配方案为：以截至公司 2023 年度利润分配方案披露日 总股本 1,797,592,847 股为基数，向全体股东每 10 股派发现金股利 1.00 元人民 币（含税），合计派发现金股利 179,759,284.70 元（含税）。本次分配不实施资 本公积转增股本、不分红股。 2、自本次权 ...

本公司具备证券投资咨询业务资格，请务必阅读最后一页免责声明 证券研究报告 2 光环新网（300383.SZ）2024 年一季报点评 [盈利预测与财务指标 Table_Forcast] 推荐 维持评级 当前价格： 8.93 元 相关研究 光环新网(300383)/通信 分析师承诺 | --- | --- | --- | --- | |------------------------------------------------------------------------------------------|----------|---------------|------------------------------------| | 投资建议评级标准 | | 评级 \n推荐 | 说明 \n相对基准指数涨幅 15% 以上 | | 以报告发布日后的 12 个月内公司股价（或行业 | | 谨慎推荐 | 相对基准指数涨幅 5%～15% 之间 | | 指数）相对同期基准指数的涨跌幅为基准。其 | 公司评级 | 中性 | 相对基准指数涨幅 -5%～5% 之间 | | 中：A 股以沪深 300 指数为基准；新三板以 ...

Financial Performance - The company reported operating revenue of CNY 1,978,172,217.30 for the current period, an increase of 5.25% compared to CNY 1,879,585,916.57 in the same period last year[4]. - Net profit attributable to shareholders decreased by 5.50% to CNY 164,001,711.74 from CNY 173,547,294.29 year-on-year[4]. - The net cash flow from operating activities was CNY 374,803,573.39, down 18.46% from CNY 459,683,231.55 in the previous year[4]. - The company’s weighted average return on equity decreased to 1.30% from 1.42% year-on-year[4]. - Total operating revenue for the current period reached ¥1,978,172,217.30, an increase of 5.28% compared to ¥1,879,585,916.57 in the previous period[58]. - Net profit for the current period was ¥164,818,913.33, a decrease of 1.8% from ¥168,116,376.18 in the previous period[59]. - Earnings per share (EPS) for the current period was ¥0.09, down from ¥0.10 in the previous period[60]. - The total comprehensive income for the current period was ¥163,868,340.74, down from ¥169,842,519.84 in the previous period[60]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 19,073,626,863.20, reflecting a 1.07% increase from CNY 18,871,282,624.55 at the end of the previous year[19]. - The company's total liabilities were reported at ¥5,854,011,500.52, a marginal increase from ¥5,815,535,602.61, showing a growth of approximately 0.66%[36]. - The company's current assets totaled ¥6,119,554,755.89, slightly increasing from ¥6,010,252,379.26, representing a growth of about 1.82%[35]. - The total equity attributable to shareholders of the parent company increased to ¥12,660,365,555.37 from ¥12,496,560,923.72, marking a growth of 1.31%[58]. Revenue Sources - The company achieved revenue of CNY 54,276.41 million from IDC and value-added services, a slight decrease of 0.05% year-on-year, while cloud computing revenue increased by 7.57% to CNY 141,506.62 million[15]. - The company continues to provide SaaS services for data monitoring and intelligent delivery, with stable revenue growth in its main business[54]. Cash Flow - The company's cash and cash equivalents at the end of the period amounted to ¥2,491,512,469.86, an increase from ¥2,286,202,048.78 at the beginning of the period, reflecting a net increase of ¥291,917,534.51[41]. - The net cash flow from financing activities increased by 139.48% to ¥50,131,452.72, primarily due to an increase in bank loans during the reporting period[43]. - The investment cash flow decreased by 56.40% to -¥133,029,885.87, mainly due to the redemption of cash management products[43]. Operational Developments - The company has deployed 52,000 cabinets across various data centers in Beijing, Shanghai, and Xinjiang, continuing to expand its data center services[29]. - The company launched high-performance computing services in August 2023, utilizing its data center infrastructure in Beijing[29]. - The company is included in the national-level important public computing infrastructure and scientific experimental platform "National Supercomputing Changsha Center" for 2023-2024, indicating a strong position in the data center sector[49]. - The company is advancing the construction of a smart computing/cloud computing base project in Malaysia, with approvals from relevant authorities already completed[50]. - The Hangzhou data center project is over 60% complete and aims to provide customized, high-availability services, with the company joining the "Hangzhou Artificial Intelligence Industry Alliance" in March 2024[76]. - The Tianjin Baodi data center project has completed all civil construction, offering green digital infrastructure and high-performance intelligent computing services to meet demand from Beijing[78]. Challenges and Strategic Initiatives - The company is facing challenges in its computing power business due to U.S. export controls on advanced AI chips, which may impact future performance[29]. - The company has joined the "Digital Intelligence Innovation Cooperation Alliance" with China Unicom to enhance its digital ecosystem, focusing on cloud computing, big data, and AI technologies[31]. - The company is actively participating in the construction of a green data center, implementing energy-saving technologies to align with national "dual carbon" policies[32]. - The company is exploring low-carbon operations and energy-saving upgrades for data centers, focusing on liquid cooling technology and energy-saving renovation solutions[79]. Receivables and Investments - The company reported a significant increase in receivables, with accounts receivable rising by 140.54% to CNY 101,611,624.44 due to the purchase of large bank deposits[8]. - The company reported a significant increase in accounts receivable, which rose to ¥2,333,672,138.99 from ¥2,183,834,721.45, marking an increase of approximately 6.87%[35]. - The company experienced a decrease in investment income, reporting ¥484,562.24 compared to ¥9,272,825.93 in the previous period[59]. - Trading financial assets decreased by 56.69% from the previous year, totaling ¥114,911,036.44, primarily due to the redemption of cash management products[69]. - Other current assets also saw a decline of 33.19%, amounting to ¥211,622,603.34, attributed to the redemption of cash management products[69]. Research and Development - Research and development expenses were ¥63,830,090.00, slightly up from ¥62,503,411.20, indicating continued investment in innovation[58]. - The company is leveraging generative AI to enhance efficiency and reduce costs in advertising, achieving significant improvements in marketing outcomes[54]. - The company is actively expanding its customer base while enhancing its capabilities in mobile marketing strategies and technologies[54]. - The company is focusing on partnerships and collaborations in computing power scheduling and demand, aiming to leverage its strengths in the industry[49].

证券代码：300383 证券简称：光环新网 公告编号：2024-017 北京光环新网科技股份有限公司 2023 年度股东大会决议公告 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。 特别提示： 1.本次股东大会未出现增加、变更、否决议案的情形。 2.本次股东大会未涉及变更前次股东大会决议的情形。 一、会议召开和出席情况 北京光环新网科技股份有限公司（以下简称"公司"）于2024年3月29日以公 告的形式通知召开2023年度股东大会。 本次会议采取现场会议与网络投票相结合的方式召开。现场会议于2024年4 月24日下午2:00在北京市东城区东中街9号东环广场A座三层光环新网多功能厅 召开。 网络投票时间：通过深圳证券交易所交易系统投票时间为2024年4月24日的 交易时间，即上午9:15—9:25，9:30—11:30和下午13:00—15:00；通过深圳证 券交易所互联网投票系统投票时间为2024年4月24日9:15—15:00。 本次股东大会由公司董事会召集，董事长杨宇航先生主持，公司董事、监事、 高级管理人员及公司聘请的见证律师等相关人士出席了本次会议。 ...

北京市嘉源律师事务所 关于北京光环新网科技股份有限公司 2023 年年度股东大会的 法律意见书 西城区复兴门内大街 158 号远洋大厦 4 楼 中国 · 北京 E SEY THE CALL PR IA YUAN LAW OFFICES 北京 BEIJING · 上海 SHANGHAI·深圳 SHENZHEN·香港 HONGKONG·广州 GUANGZHOU·西安 XI AN 关于北京光环新网科技股份有限公司 2023 年年度股东大会的 法律意见书 嘉源(2024)-04-277 北京市嘉源律师事务所(以下简称"本所")接受北京光环新网科技股份有 限公司(以下简称"公司")的委托,根据《中华人民共和国公司法》(以下简称 "《公司法》")《上市公司股东大会规则》(以下简称"《股东大会规则》")等现行 有效的法律、行政法规、部门规章、规范性文件(以下简称"法律法规")以及 《北京光环新网科技股份有限公司章程》(以下简称"《公司章程》")的有关规定, 指派本所律师对公司 2023 年年度股东大会(以下简称"本次股东大会")进行见 证,并依法出具本法律意见书。 致:北京光环新网科技股份有限公司 北京市嘉源律师事务所 为 ...

Investment Rating - The report maintains a "Buy" rating for the company, indicating an expected investment return exceeding 15% over the next 6-12 months [4][16]. Core Viewpoints - The company's IDC business is experiencing rapid growth, expanding into high-performance computing services. It is positioned as a leading provider of customized data center solutions in Beijing and surrounding areas, with a 100% signing rate and a 70% rack utilization rate in its Hebei Yanjiao data center [1][6]. - The report highlights the significant growth potential in the IDC and high-performance computing sectors, driven by increasing demand for digital infrastructure and services [22]. Summary by Relevant Sections Company Overview - The company operates a green data center in Beijing, providing full lifecycle services from customized construction to operational management for large clients. It has over 10,000 racks deployed in Hebei Yanjiao, with ongoing projects in Tianjin [1]. Market Data - The total share capital is 1.798 billion shares, with a total market value of 15.729 billion yuan. The stock has fluctuated between 6.74 and 13.87 yuan over the past year, with a turnover rate of 89.21% in the last three months [2]. Financial Performance and Forecast - Revenue is projected to grow from 7.855 billion yuan in 2023 to 11.867 billion yuan by 2026, with a compound annual growth rate of approximately 14.11% [23]. - The net profit attributable to the parent company is expected to increase from 388 million yuan in 2023 to 927 million yuan in 2026, reflecting a significant recovery and growth trajectory [23]. Industry Insights - The IDC market in China is rapidly expanding, with policies supporting the development of new data centers. The market size in Beijing and surrounding areas reached 41.02 billion yuan in 2022, growing by 15.5% year-on-year [6]. - The artificial intelligence computing market is also booming, with a projected market size of 66.4 billion yuan in 2023, growing by 82.5% year-on-year, indicating strong demand for high-performance computing services [22].