Group 1 - The company’s AI Infra platform is built on Kubernetes, designed as an enterprise-level inference system project [2] - The platform optimizes resource scheduling and achieves adaptive scaling capabilities, providing efficient, low-cost, and scalable solutions for large model deployments [2] - Currently, the platform supports nearly 10,000 card-level inference task scheduling capabilities [2]

Core Viewpoint - Capital Online's stock price has shown a significant increase of 49.82% year-to-date, despite recent fluctuations in trading performance [2]. Group 1: Stock Performance - As of November 20, Capital Online's stock price rose by 2.06% to 20.84 CNY per share, with a trading volume of 1.95 billion CNY and a turnover rate of 2.43%, resulting in a total market capitalization of 10.48 billion CNY [1]. - Year-to-date, the stock has increased by 49.82%, with a slight rise of 0.63% over the last five trading days, but a decline of 3.43% over the last 20 days and 5.87% over the last 60 days [2]. Group 2: Financial Performance - For the period from January to September 2025, Capital Online reported a revenue of 926 million CNY, representing a year-on-year decrease of 12.05%. The net profit attributable to shareholders was -99.41 million CNY, showing a year-on-year increase of 32.11% [2]. - The company has not distributed any dividends in the last three years, with a total payout of 20.57 million CNY since its A-share listing [3]. Group 3: Shareholder Information - As of September 30, 2025, the number of shareholders for Capital Online was 65,700, a decrease of 25.68% from the previous period, while the average circulating shares per person increased by 34.76% to 5,961 shares [2]. - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited is the second-largest shareholder with 8.25 million shares, an increase of 4.72 million shares from the previous period [3].

首都在线（300846.SZ）11月20日在投资者互动平台表示，公司主营业务是为千行百业提供包括通用计 算和智算在内的云服务、通信网络服务、IDC服务以及综合解决方案，满足不同行业在数字化转型过程 中对算力和网络的服务需求。公司业务目前暂不涉及太空算力相关领域。 每经AI快讯，有投资者在投资者互动平台提问：请问贵公司是否涉及太空算力相关领域合作？ （记者 王晓波） ...

Core Viewpoint - The company, Capital Online (300846.SZ), focuses on providing cloud services, communication network services, IDC services, and comprehensive solutions to various industries, addressing their digital transformation needs for computing power and network services. The company does not currently engage in space computing services [1]. Group 1 - The main business of the company includes general computing and intelligent computing cloud services [1]. - The company aims to meet the service demands of different industries during their digital transformation processes [1]. - The company’s current operations do not involve any space computing-related fields [1].

Core Points - Tianyang Technology announced the acquisition of shares in Beijing Capital Online Technology Co., Ltd. [1] - The company will acquire 24,815,140 shares from the controlling shareholder Qu Ning, representing 4.93% of Capital Online's total share capital, at a price of 17.60 RMB per share, totaling approximately 436.75 million RMB [1] - Additionally, the company will acquire 392,430 shares from the shareholder Nanjing Yunzhi Tuo Venture Capital Partnership, representing 0.08% of Capital Online's total share capital, at the same price per share, totaling approximately 6.91 million RMB [1] - The share transfer has been completed, with the registration date being November 14, 2025 [1]

证券代码：300846 证券简称：首都在线 公告编号：2025-104 北京首都在线科技股份有限公司 关于控股股东、实际控制人及公司股东协议转让 部分公司股份完成过户登记的公告 公司控股股东、实际控制人曲宁先生、股东南京云之拓创业投资合伙企业 及受让方天阳宏业科技股份有限公司保证向本公司提供的信息内容真实、准 确、完整，没有虚假记载、误导性陈述或重大遗漏。 一、本次协议转让的基本情况 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。 重要内容提示： 1.北京首都在线科技股份有限公司（以下简称"公司"或"首都在线"） 控股股东、实际控制人曲宁先生及公司股东南京云之拓创业投资合伙企业（有 限合伙）（以下简称"南京云之拓"）于2025年9月18日分别与天阳宏业科技 股份有限公司（以下简称"天阳宏业"）签署了《股份转让协议》，曲宁先 生及公司股东南京云之拓拟分别通过协议转让的方式，向天阳宏业合计转让其 持有的25,207,570股公司无限售条件流通股股份，占公司目前总股本的5.01%， 转让价格为17.6元/股，交易总金额为443,653,232元。其中，曲宁先生转让 24,815,140股，占公 ...

Core Viewpoint - The announcement details a share transfer agreement where the controlling shareholder and another shareholder of the company will transfer a total of 25,207,600 shares, representing 5.01% of the company's total equity, to Tianyang Hongye at a price of 17.6 yuan per share, totaling 444 million yuan [1] Group 1: Share Transfer Details - The controlling shareholder Qu Ning will transfer 24,815,100 shares, accounting for 4.93% of the total equity, for a transaction amount of 437 million yuan [1] - The other shareholder Nanjing Yunzhi Tuo will transfer 392,400 shares, representing 0.08% of the total equity, for a transaction amount of 6.9068 million yuan [1] - Tianyang Hongye, the acquirer, commits to not reducing its holdings of the acquired shares within 12 months after the completion of the transfer [1]

Core Points - The company held a shareholder meeting on November 14, 2025, with no proposals being rejected or modified [1][2] - The meeting respected the interests of small and medium investors by conducting separate voting for them [2][4] Meeting Details - The meeting was held on November 14, 2025, at 14:50, with network voting available from 9:15 to 15:00 [3] - The location of the meeting was at the company's conference room in Beijing [4] - The meeting was conducted by the board of directors, with Chairman Qu Ning presiding [4] Attendance - A total of 356 shareholders attended, representing 145,197,695 shares, which is 28.8723% of the total voting shares [5] - Among them, 7 shareholders attended in person, representing 142,174,095 shares (28.2711%) [6] - 349 shareholders participated via online voting, representing 3,023,600 shares (0.6012%) [7] - 350 small and medium shareholders attended, representing 3,029,800 shares (0.6025%) [8] Voting Results - The proposal to increase the use of temporarily idle self-owned funds for cash management was approved with 143,977,895 votes in favor (99.1599%) [12] - The proposal to change registered capital and amend the company’s articles of association received 144,603,295 votes in favor (99.5906%) [14] - The proposal to reappoint the accounting firm was approved with 144,607,295 votes in favor (99.5934%) [16] Legal Opinion - The meeting was witnessed by lawyers from Beijing King & Wood Mallesons, confirming that the procedures complied with relevant laws and regulations [18]

北京市金杜律师事务所 关于北京首都在线科技股份有限公司 2025 年第四次临时股东会 的法律意见书 致：北京首都在线科技股份有限公司 北京市金杜律师事务所（以下简称本所）接受北京首都在线科技股份有限公 司（以下简称公司）委托，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》）、中国证券监督管理委员会《上 市公司股东会规则》（以下简称《股东会规则》）等中华人民共和国境内（以下简 称中国境内，为本法律意见书之目的，不包括中国香港特别行政区、中国澳门特 别行政区和中国台湾省）现行有效的法律、行政法规、规章和规范性文件和现行 有效的公司章程有关规定，指派律师出席了公司于 2025 年 11 月 14 日召开的 2025 年第四次临时股东会（以下简称本次股东会），并就本次股东会相关事项出具本法 律意见书。 为出具本法律意见书，本所律师审查了公司提供的以下文件，包括但不限于： 1. 经公司 2025 年第二次临时股东大会审议通过的《北京首都在线科技股份 有限公司章程》（以下简称《公司章程》）； 2. 公司分别于 2025 年 10 月 24 日、2025 年 10 月 3 ...

证券代码：300846 证券简称：首都在线 公告编号：2025-103 北京首都在线科技股份有限公司 2025年第四次临时股东会决议公告 本公司及董事会全体成员保证公告内容的真实、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.本次股东会没有否决或修改提案的情况。 2.本次股东会没有涉及变更前次股东会决议的情形。 3.为尊重中小投资者利益，提高中小投资者对公司股东会决议事项的参与 度，本次股东会对中小投资者进行单独计票。 一、会议召开和出席情况 （一）会议召开情况 1.会议召开时间： （1）现场会议时间：2025年11月14日14:50 （2）网络投票时间：通过深圳证券交易所系统进行网络投票的具体时间为 2025年11月14日9:15-9:25，9:30-11:30，13:00-15:00；通过深圳证券交易所互联 网投票系统投票的具体时间为2025年11月14日9:15至15:00的任意时间。 2.现场会议召开地点：北京市朝阳区紫月路18号院9号楼公司会议室 3.会议召开方式：采用现场投票表决和网络投票表决相结合的方式 4.会议召集人：公司董事会 5.会议主持人：董事长曲宁先生 本次会议的 ...