| 证券代码：300738 | 证券简称：奥飞数据 | 公告编号：2025-065 | | --- | --- | --- | | 债券代码：123131 | 债券简称：奥飞转债 | | 派送红股或转增股本：P1=P0÷（1+n）； 增发新股或配股：P1=（P0+A×k）÷（1+k）； 广东奥飞数据科技股份有限公司 关于可转换公司债券转股价格调整的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 特别提示： 一、关于"奥飞转债"转股价格调整的相关规定 广东奥飞数据科技股份有限公司（以下简称"公司"或"奥飞数据"）经深圳证 券交易所创业板上市委员会 2021 年第 37 次审议会议审核通过，并经中国证券监 督管理委员会（以下简称"中国证监会"）"证监许可〔2021〕2720 号"文同意注册。 公司向不特定对象发行了 635.00 万张可转换公司债券（以下简称"可转债"），每 张面值 100 元，发行总额为 635,000,000.00 元，本次可转换公司债券已于 2021 年 12 月 22 日起在深圳证券交易所挂牌交易。债券简称"奥飞转债"，债券代码 "1 ...

| 证券代码：300738 | 证券简称：奥飞数据 | 公告编号：2025-063 | | --- | --- | --- | | 债券代码：123131 | 债券简称：奥飞转债 | | 广东奥飞数据科技股份有限公司 2025 年第二季度可转换公司债券转股情况公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整， 没有虚假 记载、误导性陈述或重大遗漏。 特别提示： 广东奥飞数据科技股份有限公司（以下简称"公司"或"奥飞数据"）现将2025 年第二季度可转换公司债券转股及公司股本变动情况公告如下： 一、可转换公司债券发行上市情况 （二）可转换公司债券上市情况 经深圳证券交易所同意，公司本次可转债于2021年12月22日起在深圳证券交 易所挂牌交易。债券简称"奥飞转债"，债券代码"123131"。 （三）可转债转股期限 本次发行的可转债的转股期自发行结束之日2021年12月9日起满六个月后的 第一个交易日起至可转债到期日止，即2022年6月9日至2027年12月2日。 （一）可转换公司债券发行情况 经中国证券监督管理委员会"证监许可〔2021〕2720号"核准，同意公司向不 特定对象发行可转换公司债券（ ...

Group 1 - The company, Guangdong Aofei Data Technology Co., Ltd., issued convertible bonds totaling 635 million yuan, with a net amount of approximately 626.98 million yuan after deducting issuance costs [3][4][16] - The bonds have a maturity period of 6 years, with an annual interest rate starting at 0.5% in the first year and increasing to 0.7% in the second year [4][5][6] - The initial conversion price for the bonds is set at 22.02 yuan per share, with provisions for adjustments based on various corporate actions [6][8][10] Group 2 - The company reported a significant increase in revenue for 2024, reaching approximately 216.48 million yuan, a 62.18% increase year-over-year [16] - The net profit attributable to shareholders decreased by 12.20% to approximately 12.41 million yuan, while the EBITDA increased by 34.16% to about 82 million yuan [16] - The total assets of the company grew by 36.05% to approximately 11.68 billion yuan, with a debt-to-asset ratio of 71.12% [16] Group 3 - The funds raised from the bond issuance are intended for investment in a new generation cloud computing and artificial intelligence industrial park, with a total project investment of approximately 747.93 million yuan [12][14] - The company has established a strong presence in over 30 cities in China, providing IDC services and other internet comprehensive services [16] - The company has partnerships with major telecommunications providers, enhancing its service offerings in cloud computing and data center operations [16]

Core Viewpoint - The company is benefiting from the explosive demand for AI computing power, with significant growth in its IDC (Internet Data Center) services and other internet-related services, despite facing high capital expenditure and profit pressure due to depreciation and interest expenses [5][13][19]. Company Overview - Guangdong Aofei Data Technology Co., Ltd. maintains a credit rating of A+ with a stable outlook, reflecting its strong position in the AI computing demand surge and effective project delivery in key regions [3][5]. - The company plans to raise up to 1.75 billion yuan through a private placement to support its ongoing projects, including the new generation cloud computing and AI industrial park [8][12]. Financial Performance - The company reported a significant increase in revenue, with a 62.18% year-on-year growth in total revenue for 2024, driven by the delivery of new data centers and increased demand for computing power [5][13]. - However, net profit decreased by 12.20% year-on-year due to increased depreciation, financial costs, and asset impairment provisions [5][19]. - As of March 2025, total assets reached 128.40 billion yuan, with total liabilities increasing, leading to a high debt-to-equity ratio [3][19]. Industry Environment - The AI boom is reshaping the IDC industry, with a notable increase in demand for high-power cabinets, which traditional data centers cannot meet [9][11]. - Major internet companies are significantly increasing their capital expenditures, indicating a robust growth trend in IDC demand [9][10]. - The industry is experiencing a supply-demand mismatch, with a growing number of AI computing centers being established, but also facing potential competition and debt pressures due to high capital expenditures [9][11]. Operational Strategy - The company is strategically focusing on expanding its IDC services, with a significant increase in the number of operational cabinets, which grew over 20% year-on-year [5][13]. - The company has signed long-term contracts with major clients, ensuring a stable revenue stream despite high client concentration risks [13][14]. - The company is also diversifying its services, including distributed photovoltaic energy-saving services, although this segment faces challenges due to its smaller scale and project management demands [18][19].

广东奥飞数据科技股份有限公司 相关债券 2025 年跟踪评级报告 中鹏信评【2025】跟踪第【136】号 01 信用评级报告声明 除因本次评级事项本评级机构与评级对象构成委托关系外，本评级机构及评级从业人员与评级对象不存 在任何足以影响评级行为独立、客观、公正的关联关系。 本评级机构与评级从业人员已履行尽职调查义务，有充分理由保证所出具的评级报告遵循了真实、客观、 公正原则，但不对评级对象及其相关方提供或已正式对外公布信息的合法性、真实性、准确性和完整性 作任何保证。 本评级机构依据内部信用评级标准和工作程序对评级结果作出独立判断，不受任何组织或个人的影响。 本评级报告观点仅为本评级机构对评级对象信用状况的个体意见，不作为购买、出售、持有任何证券的 建议。本评级机构不对任何机构或个人因使用本评级报告及评级结果而导致的任何损失负责。 广东奥飞数据科技股份有限公司相关债券2025年跟踪评级报告 评级结果 | | 本次评级 | 上次评级 | | --- | --- | --- | | 主体信用等级 | A+ | A+ | | 评级展望 | 稳定 | 稳定 | | 奥飞转债 | A+ | A+ | 本次评级结果自本评 ...

证券代码：300738 证券简称：奥飞数据 转债代码：123131 转债简称：奥飞转债 广东奥飞数据科技股份有限公司 向不特定对象发行可转换公司债券受托 管理事务报告（2024 年度） 债券受托管理人 （深圳市前海深港合作区南山街道桂湾五路128号前海深港基金小镇B7栋401） 2025 年 6 月 重要声明 本报告依据《可转换公司债券管理办法》（以下简称"管理办法"）、《关 于广东奥飞数据科技股份有限公司向不特定对象发行可转换公司债券之债券受 托管理协议》（以下简称"受托管理协议"）、《广东奥飞数据科技股份有限公 司 2021 年度向不特定对象发行可转换公司债券并在创业板上市募集说明书》（以 下简称"募集说明书"）、《广东奥飞数据科技股份有限公司 2024 年年度报告》 等相关公开信息披露文件、第三方中介机构出具的专业意见等，由本期可转换公 司债券受托管理人华泰联合证券有限责任公司（以下简称"华泰联合证券"）编 制。华泰联合证券对本报告中所包含的从上述文件中引述内容和信息未进行独立 验证，也不就该等引述内容和信息的真实性、准确性和完整性做出任何保证或承 担任何责任。 本报告不构成对投资者进行或不进行某项行为 ...

广东奥飞数据科技股份有限公司 关于为全资子公司提供担保的进展公告 | 证券代码：300738 | 证券简称：奥飞数据 | 公告编号：2025-062 | | --- | --- | --- | | 债券代码：123131 | 债券简称：奥飞转债 | | 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、误导性陈述或者重大遗漏。 一、担保情况概述 2025 年 4 月 17 日，广东奥飞数据科技股份有限公司（以下简称"公司"或 "奥飞数据"）召开第四届董事会第十九次会议并审议通过《关于 2025 年度公 司为合并报表范围内子公司提供担保的议案》，为满足合并报表范围内子公司日 常经营、业务发展和项目建设的融资需求，同意公司为合并报表范围内子公司（包 括 2025 年度内新增的合并报表范围内子公司），提供合计不超过人民币 1,500,000 万元（含人民币 1,500,000 万元）的担保额度，该担保额度包括现有担保、新增 担保及原有担保的展期或者续保。担保方式包括但不限于保证、抵押、质押等。 具体担保条款包括但不仅限于担保金额、担保期限、担保方式等，均以与相关金 融机构及其他融资机构签订的 ...

Summary of AIDC Industry Update and Q&A Industry Overview - The AIDC (Artificial Intelligence Data Center) industry is experiencing a recovery in overseas computing infrastructure, with companies like Nvidia and Corewave showing positive performance focused on training and inference demand [1][2] - Domestic AIDC is constrained by chip limitations, model breakthroughs, and application deployment, but major data centers like GDS and Century Internet are maintaining stable deployment rates despite the H20 ban [1][2][3] Key Insights - **Overseas Market Recovery**: Nvidia's focus is on training demand, while Corewave caters to large enterprises like Microsoft. Companies such as Broadcom and Marvell have optimistic revenue expectations for ASICs, and Oracle's OCI business reflects growth in inference demand [1][2][5] - **Domestic Market Dynamics**: Despite short-term impacts from trade wars, major Chinese internet companies like Alibaba and ByteDance are investing heavily in AI. Long-term solutions for domestic AI challenges include breakthroughs in chips (e.g., Cambricon, Huawei Cloud Matrix 384) and improvements in model capabilities [1][3][4] - **Investment Recommendations**: Companies with stable deployment rates and core leading customer orders, such as Runze Technology, Aofei Data Port, Century Internet, and GDS, are recommended for investment due to their low valuations and potential for significant improvement [1][4] Performance Trends - **Overseas Demand Trends**: The overseas computing market is showing strong growth, particularly in GPU and ASIC demand. Nvidia has launched new GB series chips, and companies like Marvell and Broadcom have revised their market demand expectations upward [7][8] - **Domestic Market Performance**: The domestic computing market faced some disruptions in Q2 due to geopolitical factors and chip restrictions, but overall guidance remains stable. The AIDC sector is expected to see improved order visibility and capital expenditure growth in the coming quarters [8][9] Future Outlook - **Upcoming Quarters**: The outlook for the domestic computing market in the next two quarters is positive, with expectations of accelerated capital expenditure and construction progress, particularly in the AIDC core hardware supply chain [9] - **AI Data Center Growth**: AI data center-related sectors are showing good business growth elasticity, with significant order increases in server power supplies and UPS systems [10][14] - **HVDC Development**: Both domestic and international markets are seeing increased adoption of HVDC solutions, with major Chinese internet companies pushing for its application [11][12] Global AI Demand - **Inference Demand Growth**: Global inference demand is rapidly increasing, with companies like Google and ByteDance significantly ramping up their requirements [16] - **US vs. China AI Demand**: The US is entering a new model iteration cycle with large clusters, while China's AI demand is primarily focused on inference due to limited resources for training [17] Market Sentiment - **US AI Industry Expectations**: The US AI industry is expected to see significant changes in the next six months, with rapid stock price increases in sectors like NV and ASIC, indicating a potential expansion from overseas to domestic supply chains [18] - **AI Business Models**: The US has a stronger likelihood of successful AI business models due to higher payment willingness, while China's market faces challenges in this regard, potentially affecting profit margins [19] Conclusion - The AIDC industry is poised for growth, driven by both domestic and international demand for AI capabilities. Investment in key players with stable growth prospects is recommended, while monitoring the evolving landscape of AI business models and market dynamics is crucial for future success [20]

| 证券代码：300738 | 证券简称：奥飞数据 公告编号：2025-061 | | --- | --- | | 债券代码：123131 | 债券简称：奥飞转债 | 广东奥飞数据科技股份有限公司 2025 年第三次临时股东大会决议公告 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、误导性陈述或者重大遗漏。 特别提示： 2、现场会议召开地点：广州市天河区华景路 1 号南方通信大厦 9 层广东奥 飞数据科技股份有限公司会议室。 3、会议召开方式：采取现场投票和网络投票相结合的方式。 4、会议召集人：公司董事会。 5、会议主持人：公司董事长冯康先生。 1、本次股东大会无变更、否决提案的情况。 2、本次股东大会无涉及变更前次股东大会决议的情形。 一、会议召开情况 1、会议召开时间： （1）现场会议召开时间：2025年6月23日（星期一）下午14:30。 （2）网络投票时间：通过深圳证券交易所交易系统进行网络投票的具体时间 为：2025年6月23日上午9:15至9:25，9:30至11:30，下午13:00至15:00。 通过深圳证券交易所互联网投票系统进行投票的具体时间为：2025年6月 ...

法律意见书 www.dentons.cn 广州市珠江新城珠江东路 6 号广州周大福金融中心 14 层、15 层 Tel.: 86 20 8527 7000/01 Fax: 86 20 8527 7002 北京大成（广州）律师事务所 关于广东奥飞数据科技股份有限公司 北京大成（广州）律师事务所 关于广东奥飞数据科技股份有限公司 2025 年第三次临时股东大会的 2025 年第三次临时股东大会的法律意见书 致：广东奥飞数据科技股份有限公司 根据《中华人民共和国证券法》（以下简称"《证券法》"）、《中华人民共 和国公司法》（以下简称"《公司法》"）和中国证券监督管理委员会《上市公司 股东会规则（2025 年修订）》（以下简称"《股东会规则》"）等法律、法规和其 他有关规范性文件的要求，北京大成（广州）律师事务所（以下简称"本所"）接 受广东奥飞数据科技股份有限公司（以下简称"公司"）的委托，指派律师参加公 司 2025 年第三次临时股东大会（以下简称"本次股东大会"）。 本所声明：本所律师仅对本次股东大会的召集程序、召开程序、出席会议人员 资格、召集人资格、表决程序及表决结果发表法律意见，并不对本次股东大会所审 议 ...