Investment Rating - Industry Rating: Outperform the market (maintained rating) [7] Core Viewpoints - The AI computing direction is a key investment theme due to strong industry momentum and high demand, particularly in the overseas computing industry chain [3][29] - The report emphasizes the importance of the "AI + overseas + satellite" investment opportunities, highlighting the potential in AI infrastructure and applications in 2025 [4][30] - The satellite internet industry is gaining traction, with significant advancements expected to catalyze growth in related sectors [3][30] Summary by Sections 1. Artificial Intelligence and Digital Economy - Key recommendations include: - Optical modules & devices: Focus on companies like Zhongji Xuchuang, Xinyi Sheng, Tianfu Communication, and Yuanjie Technology [5][32] - Switch server PCBs: Recommended companies include Hudian Co., ZTE, and Unisplendour [5][32] - Low valuation, high dividend: China Mobile, China Telecom, and China Unicom are highlighted for resource revaluation [5][32] - AIDC & cooling: Key recommendations include Yingweike and Runze Technology [5][32] - AIGC applications: Focus on companies like Guohua Tong and Meige Intelligent [5][32] 2. Offshore Wind Power and Intelligent Driving - Key recommendations for offshore cable companies include Hengtong Optic-Electric, Zhongtian Technology, and Oriental Cable [6][33] - The report suggests focusing on companies with strong recovery potential in overseas markets, such as Huace Navigation and Weisheng Information [6][33] - For intelligent driving, recommended companies include Guanghe Tong and Meige Intelligent [6][33] 3. Satellite Internet and Low Altitude Economy - The report highlights the acceleration of low-orbit satellites and the low-altitude economy, recommending companies like Huace Navigation and Haige Communication [7][34] - Suggested companies for attention include Chengchang Technology and Zhenlei Technology [7][34] 4. Market Performance Review - The communication sector rose by 10.47% during the week of August 18-22, outperforming the CSI 300 index by 6.29 percentage points [35][36] - Notable performers included ZTE and Dekeli, while companies like ST Gaohong experienced declines [37][38]

Market Overview - The Shanghai Composite Index closed at 3825.76 points, above the annual line, with an increase of 1.45% [1] - The total trading volume of A-shares reached 25,788.42 billion yuan [1] Stocks Breaking Annual Line - A total of 24 A-shares have surpassed the annual line today, with notable stocks including NovaStar, Nasda, and Zhaoshengwei, showing significant deviation rates of 7.19%, 4.59%, and 4.07% respectively [1] - Stocks with smaller deviation rates that just crossed the annual line include China National Materials, Kweichow Moutai, and Ruisi Kanda [1] Top Stocks by Deviation Rate - The top three stocks with the highest deviation rates are: - NovaStar (7.19% deviation, latest price 174.84 yuan) [1] - Nasda (4.59% deviation, latest price 26.55 yuan) [1] - Zhaoshengwei (4.07% deviation, latest price 84.73 yuan) [1] Additional Notable Stocks - Other notable stocks with significant performance include: - Jin Yu Medical (3.28% deviation, latest price 31.57 yuan) [1] - China Merchants Heavy Industry (3.08% deviation, latest price 6.59 yuan) [1] - BOE Technology Group (2.18% deviation, latest price 4.18 yuan) [1]

Core Points - The Shanghai Composite Index closed at 3806.05 points, above the annual line, with a gain of 0.93% [1] - The total trading volume of A-shares reached 20258.59 billion yuan [1] - A total of 17 A-shares have surpassed the annual line, with notable stocks including Nova Star Cloud, Zhaosheng Micro, and Nasda, showing significant deviation rates [1] Summary by Category Stock Performance - Nova Star Cloud (301589) had a price increase of 8.61% with a deviation rate of 6.98% [2] - Zhaosheng Micro (300782) rose by 5.47% with a deviation rate of 3.66% [2] - Nasda (002180) increased by 5.87% with a deviation rate of 3.06% [2] Trading Metrics - The trading turnover rate for Nova Star Cloud was 7.53% [2] - Zhaosheng Micro had a turnover rate of 5.60% [2] - The turnover rate for Nasda was 2.21% [2] Other Notable Stocks - Other stocks that recently crossed the annual line include: - China Communications (688009) with a deviation rate of 0.10% [2] - Yilian Network (300628) with a deviation rate of 0.12% [2] - Ruisi Kanda (603803) with a deviation rate of 0.05% [2]

Core Points - The Shanghai Composite Index closed at 3796.36 points, above the annual line, with a change of 0.67% [1] - The total trading volume of A-shares reached 15,306.58 billion yuan [1] - Thirteen A-shares have broken through the annual line today, with notable divergence rates for stocks like Nova Star Cloud, China Merchants Energy, and Zhaosheng Microelectronics [1] Summary by Category Market Performance - The Shanghai Composite Index is currently at 3796.36 points, reflecting a 0.67% increase [1] - Total A-share trading volume is reported at 15,306.58 billion yuan [1] Stocks Breaking Through Annual Line - Notable stocks that have surpassed the annual line include: - Nova Star Cloud (Code: 301589) with a divergence rate of 8.66% and a daily increase of 10.32% [1] - China Merchants Energy (Code: 601872) with a divergence rate of 2.92% and a daily increase of 5.96% [1] - Zhaosheng Microelectronics (Code: 300782) with a divergence rate of 2.43% and a daily increase of 4.21% [1] Additional Stocks with Minor Divergence - Other stocks that have recently crossed the annual line with smaller divergence rates include: - Wanli Stone (Code: 002785) with a divergence rate of 1.20% [1] - Wanhua Chemical (Code: 600309) with a divergence rate of 1.18% [1] - Weisheng Information (Code: 688100) with a divergence rate of 1.11% [1] - Others include Tongwei Co., Newpoint Software, Renfu Pharmaceutical, and Yilian Network with minor divergence rates [1]

金融界消息 截至2025年8月14日收盘，亿联网络（300628）报收于34.05元，下跌1.65%，换手率 1.19%，成交量8.62万手，成交金额2.96亿元。 天眼查商业履历信息显示，厦门亿联网络技术股份有限公司，成立于2001年，位于厦门市，是一家以从 事计算机、通信和其他电子设备制造业为主的企业。企业注册资本126381.5202万人民币，实缴资本 532.0096万人民币。公司法定代表人为陈智松。 通过天眼查大数据分析，厦门亿联网络技术股份有限公司共对外投资了8家企业，参与招投标项目173 次，知识产权方面有商标信息66条，专利信息806条，此外企业还拥有行政许可19个。 资金流向方面，今日主力资金净流出3781.59万元，占比成交额12.78%。其中，超大单净流出885.99万 元、占成交额2.99%，大单净流出2895.60万元、占成交额9.79%，中单净流出流出276.10万元、占成交 额0.93%，小单净流入4057.69万元、占成交额13.71%。 亿联网络最新一期业绩显示，截至2025一季报，公司营业总收入12.05亿元、同比增长3.57%，归属净利 润5.62亿元，同比减少1.15% ...

Core Viewpoint - Yilian Network (300628) reported that as of August 8, 2025, the number of shareholders holding the company's shares (after merging accounts) is 36,972 [1] Summary by Category - **Shareholder Information** - The total number of shareholders holding Yilian Network's shares is 36,972 as of the specified date [1]

证券代码：300628 证券名称：亿联网络 公告编号：2025-050 厦门亿联网络技术股份有限公司 关于实际控制人的一致行动人减持计划实施完毕的 公告 厦门亿网联信息技术服务有限公司保证向本公司提供的信息内 本公司及董事会全体成员保证公告内容与信息披露义务人提供 的信息一致。 厦门亿联网络技术股份有限公司（以下简称"公司"）于 2025 年 7 月 14 日在中国证监会创业板指定信息披露网站巨潮资讯网披露 了《关于实际控制人的一致行动人减持股份预披露公告》（公告编号： 2025-048）。公司实际控制人陈智松、吴仲毅、卢荣富、周继伟的一 致行动人厦门亿网联信息技术服务有限公司（以下简称"亿网联"） 持有本公司股份 62,598,257 股（占本公司普通股总股本比例 4.94%）， 计划在本公告之日起 15 个交易日后的 3 个月内，即从 2025 年 8 月 4 日到 2025 年 11 月 2 日，以大宗交易方式减持本公司股份不超过 1,800,000 股，即不超过公司总股本的 0.14%。若计划减持期间有派 息、送股、资本公积金转增股本、配股等除权除息事项，上述减持股 份数量将进行相应调整。 容真实、准 ...

Investment Rating - Industry Rating: Outperform the market (maintained rating) [7] Core Insights - Microsoft reported revenue of $76.442 billion for the latest quarter, a year-on-year increase of 18.1%, with net profit reaching $27.233 billion, up 23.58%, driven primarily by its intelligent cloud business [1][12] - Meta's Q2 revenue was $47.52 billion, a 22% year-on-year increase, exceeding market expectations, with ad revenue of $46.56 billion [2][15] - The overseas computing power industry remains robust, unaffected by DeepSeek and trade frictions, with a strong fundamental resonance in the related supply chain [3][28] Summary by Sections 1. Artificial Intelligence and Digital Economy - Key recommendations include optical modules and devices, with a focus on companies like Zhongji Xuchuang, Xinyi Sheng, Tianfu Communication, and Yuanjie Technology [5][31] - For switch server PCBs, recommended companies include Hudian Co., ZTE, and Unisplendour [5][31] - Low valuation and high dividend opportunities are identified in major telecom operators like China Mobile, China Telecom, and China Unicom [5][31] - AIDC and cooling solutions are highlighted, with key recommendations for companies like Yingweike and Runze Technology [5][31] - AIGC applications and edge computing are emphasized, recommending companies such as Guohua Communication and Meige Intelligent [5][31] 2. Marine Wind and Submarine Cables - Key recommendations for submarine cable companies include Hengtong Optic-Electric, Zhongtian Technology, and Oriental Cable [6][32] - The recovery of overseas markets and concentration on leading companies is noted, with recommendations for Huace Navigation and Weisheng Information [6][32] 3. Satellite Internet and Low-altitude Economy - The acceleration of national defense informatization and low-orbit satellite development is highlighted, with key recommendations for Huace Navigation and Haige Communication [6][33] - The successful launch of low-orbit satellites for broadband communication services is noted, marking significant progress in China's satellite internet initiatives [26][27] 4. Recent Industry Trends - The report indicates that the computing power industry is expected to maintain high growth, with AI as a key investment theme for 2025 [3][28] - The government has included "deep-sea technology" in its work report, indicating a positive trend for the marine wind and cable industry [3][28] - The report emphasizes the importance of AI and digital economy as long-term trends, with a focus on ICT equipment, optical modules, and cloud computing infrastructure [30][29]

Summary of Key Points Core Viewpoint - On August 4, 2023, Yilian Network experienced significant trading activity on the block trading platform, with a total transaction volume of 1.8 million shares and a transaction amount of 56.214 million yuan, indicating a discount of 7.25% compared to the closing price of the day [2]. Trading Activity - The closing price of Yilian Network on August 4 was 33.67 yuan, reflecting a slight increase of 0.27% [2]. - The daily turnover rate was recorded at 0.67%, with a total transaction amount of 164 million yuan for the day [2]. - There was a net outflow of 5.1817 million yuan in main funds throughout the day, while the stock has seen a cumulative decline of 1.49% over the past five days, with a total net inflow of 12.4819 million yuan during the same period [2]. Margin Trading Data - The latest margin financing balance for Yilian Network stood at 745 million yuan, which increased by 76.1757 million yuan over the past five days, marking an increase of 11.38% [2].

Core Insights - The 10th Xiamen Patent Award has recognized four outstanding companies in Huli District, showcasing the region's strong technological innovation capabilities [1] - Keda Data Co., Ltd. won the special award for its core patent related to battery devices and power supply systems, while Xiamen Golden Dragon Bus Co., Ltd. received the gold award for the design of its autonomous bus [1][2] - The Huli District Market Supervision Administration has played a crucial role in supporting these innovations through effective services and policies [1][3] Company Highlights - Keda Data's core technology has achieved breakthroughs in lithium battery integration design, safety protection, and flexible architecture, reaching an international advanced level [2] - The patented technology has addressed common industry challenges such as safety risks and power supply reliability, generating an economic benefit of up to 1.8 billion yuan over the past three years [2] - Xiamen Golden Dragon's "Star" autonomous bus is the first L4 level autonomous bus in China with complete independent intellectual property rights, featuring innovative design and technology [2] Industry Support and Development - The Huli District Market Supervision Administration has implemented targeted guidance and support for high-value patents, including expert teams for one-on-one assistance [3] - The administration has established diagnostic groups to address intellectual property challenges faced by companies during research and transformation [3] - Continuous efforts to enhance service efficiency include regular policy briefings and strategic decision-making support for companies [3][4]