证券代码：300895 证券简称：铜牛信息 公告编号：2026-008 北京铜牛信息科技股份有限公司 3、2026 年 3 月 16 日，公司披露了《关于国有股权非公开协议 转让及无偿划转暨控股股东、实际控制人拟发生变更的进展公告》（公 告编号：2026-003），公司控股股东北京时尚控股有限责任公司（以 下简称"时尚控股"）及其子公司公司北京铜牛集团有限公司与北京 1 关于股票交易异常波动的公告 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、误导性陈述或者重大遗漏。 一、股票交易异常波动的具体情况 北京铜牛信息科技股份有限公司(以下简称"公司")股票价格 于 2026 年 3 月 18 日、2026 年 3 月 19 日连续 2 个交易日内收盘价格 涨幅偏离值累计超过 30%，根据《深圳证券交易所创业板股票交易特 别规定》，属于股票价格异常波动情形。 二、公司关注并核实相关情况的说明 针对股票异常波动的情况，公司董事会通过通讯及现场问询等方 式，对公司控股股东、全体董事和高级管理人员进行了问询，并对相 关问题进行了自查，现就有关情况说明如下： 1、公司前期披露的信息不存在需要更正 ...

北京证券有限责任公司 详式权益变动报告书 之 关于 财务顾问核查意见 北京铜牛信息科技股份有限公司 财务顾问 北京证券有限责任公司 （北京市北京经济技术开发区科谷一街10号院7号楼1层102室） 签署日期：二〇二六年三月 | | | 四、本财务顾问没有委托或授权其他任何机构和个人提供未在本财务顾问核查 意见中列载的信息和对本财务顾问核查意见做任何解释或说明。 五、本财务顾问出具的有关本次权益变动事项的财务顾问报告已提交本财务顾 问公司内部核查机构审查，并同意出具本财务顾问核查意见。 北京证券有限责任公司 详式权益变动报告书之财务顾问核查意见 第一节 财务顾问声明 本声明所述词语或简称与本财务顾问核查意见"释义"所述词语或简称具有相 同的含义。 依据《中华人民共和国公司法》《中华人民共和国证券法》《公开发行证券的 公司信息披露内容与格式准则第15号——权益变动报告书》《公开发行证券的公司 信息披露内容与格式准则第16号——上市公司收购报告书》等相关法律、法规、部 门规章和规范性文件的规定，北京证券有限责任公司按照证券行业公认的业务标准、 道德规范，本着诚实信用、勤勉尽责的精神，对本次权益变动的相关情况和资料进 ...

北京铜牛信息科技股份有限公司 详式权益变动报告 北京铜牛信息科技股份有限公司 详式权益变动报告书 上市公司名称：北京铜牛信息科技股份有限公司 股票上市地点：深圳证券交易所 股票简称：铜牛信息 股票代码：300895 信息披露义务人：北京数据集团有限公司 注册地址：北京市朝阳区北辰西路 8 号院 2 号楼 1 至 14 层 101 内 2 层 209-1 号 通讯地址：北京市海淀区知春路 27 号量子芯座 12 层 权益变动性质：股份增加（无偿划转和协议转让） 签署日期：二〇二六年三月 北京铜牛信息科技股份有限公司 详式权益变动报告书 信息披露义务人声明 本部分所述词语或简称与本报告"释义"所述词语或简称具有相同含义。 一、信息披露义务人依据《中华人民共和国公司法》《中华人民共和国证券法》 《上市公司收购管理办法》《公开发行证券的公司信息披露内容与格式准则第 15 号 ——权益变动报告书》《公开发行证券的公司信息披露内容与格式准则第 16 号—— 上市公司收购报告书》等相关法律、法规和规范性文件编写。 二、信息披露义务人签署本报告书已获得必要的授权和批准，其履行亦不违反 信息披露义务人章程或内部规则中的任何条款 ...

北京铜牛信息科技股份有限公司 简式权益变动报告书 签署日期：二〇二六年三月 1 上市公司名称：北京铜牛信息科技股份有限公司 股票上市地点：深圳证券交易所 股票简称：铜牛信息 信息披露义务人声明 本部分所述词语或简称与本报告"释义"所述词语或简称具有相同含义。 一、本报告书系根据《中华人民共和国证券法》（以下简称《证券法》）、《上 市公司收购管理办法》（以下简称《收购办法》）及《公开发行证券的公司信息披露 内容与格式准则第 15 号——权益变动报告书》等相关法律法规编制。 股票代码：300895.SZ 信息披露义务人一：北京时尚控股有限责任公司 住所：北京市东城区东单三条 33 号 信息披露义务人二：北京铜牛集团有限公司 住所：北京市朝阳区金台里甲 9 号 股份变动性质：股份减少（国有股权无偿划转、协议转让） 二、各信息披露义务人签署本报告书已获得必要的授权和批准。 三、依据《证券法》《收购办法》的规定，本报告书已全面披露各信息披露义务 人在铜牛信息中拥有权益的股份变动情况。 截至本报告书签署之日，除本报告书披露的信息外，上述信息披露义务人没有通 过任何其他方式增加或减少其在铜牛信息中拥有权益的股份。 四、根据 ...

北京铜牛信息科技股份有限公司 简式权益变动报告书 上市公司名称：北京铜牛信息科技股份有限公司 股票上市地点：深圳证券交易所 股票简称：铜牛信息 信息披露义务人声明 本部分所述词语或简称与本报告"释义"所述词语或简称具有相同含义。 签署日期：2026 年 3 月 1 一、本报告书系根据《中华人民共和国证券法》（以下简称《证券法》）、《上 市公司收购管理办法》（以下简称《收购办法》）及《公开发行证券的公司信息披露 内容与格式准则第 15 号——权益变动报告书》等相关法律法规编制。 股票代码：300895.SZ 二、信息披露义务人签署本报告书已获得必要的授权和批准。 信息披露义务人：北京国瑞科信咨询管理中心（有限合伙） 住所：北京市西城区锦什坊街 35 号院 1 号楼 9 层 901-3 三、依据《证券法》《收购办法》的规定，本报告书已全面披露信息披露义务人 在铜牛信息中拥有权益的股份变动情况。 股份变动性质：股份增加（协议转让） 四、根据《北京市人民政府国有资产监督管理委员会关于北京铜牛信息科技股份 有限公司股权优化重组的通知》（京国资〔2025〕72 号），时尚控股所属铜牛集团将 持有的铜牛信息 8.2664% ...

证券代码： 300895 证券简称： 铜牛信息 公告编号： 2026-003 北京铜牛信息科技股份有限公司 关于国有股权非公开协议转让及无偿划转 暨控股股东、实际控制人拟发生变更的进展公告 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。 重要内容提示： 1. 北京铜牛信息科技股份有限公司（以下简称"公司"）控股股东北京时 尚控股有限责任公司（以下简称"时尚控股"）及其子公司北京铜牛集团有限 公司（以下简称"铜牛集团"）与北京数据集团有限公司（以下简称"数据集 团"）、北京国瑞科信咨询管理中心（有限合伙）（以下简称"国瑞科信"） 签署了《国有股份无偿划转协议》及《股份转让协议》。铜牛集团将其持有的 本公司 16.5329%股份（23,278,415 股，A 股无限售流通股）非公开协议转让至 数据集团，将其持有的本公司 8.2664%股份（11,639,208 股，A 股无限售流通股） 非公开协议转让至国瑞科信；时尚控股将其持有的本公司 13.3671%股份 （18,820,981 股，A 股无限售流通股）无偿划转至数据集团。 2. 本次非公开协议转让及无偿划转 ...

Group 1 - The core viewpoint of the news is that Tongniu Information has seen a stock price increase of 5.36%, reaching 58.16 CNY per share, with a trading volume of 370 million CNY and a turnover rate of 4.76%, resulting in a total market capitalization of 8.189 billion CNY [1] - Tongniu Information Technology Co., Ltd. is located in Dongcheng District, Beijing, and was established on September 21, 2005, with its listing date on September 24, 2020 [1] - The company's main business includes integrated internet services such as Internet Data Center (IDC) services, cloud services, internet access services, and application software development, with revenue composition being 66.76% from IDC and value-added services, 21.48% from other internet services, 10.00% from IDC and cloud platform system integration, and 1.76% from other services [1] Group 2 - From the perspective of major circulating shareholders, Huabao Fund has a fund that ranks among the top ten circulating shareholders of Tongniu Information, specifically the Huabao ChiNext AI ETF (159363), which entered the top ten in the third quarter with 237,700 shares, accounting for 0.17% of circulating shares [2] - The Huabao ChiNext AI ETF (159363) was established on December 6, 2024, with a latest scale of 3.808 billion CNY, and has achieved a year-to-date return of 14.35%, ranking 505 out of 5572 in its category, and a one-year return of 101.05%, ranking 101 out of 4311 [2] - The fund managers of Huabao ChiNext AI ETF are Chen Jianhua and Cao Xucheng, with Chen having a tenure of 13 years and 70 days, managing assets totaling 25.606 billion CNY, and Cao having a tenure of 281 days, managing assets totaling 32.021 billion CNY [2]

Stock Performance - The stock of Tongniu Information (300895) has shown strong performance, with a cumulative increase of 21.33% over the last 20 trading days [1] - The rise is attributed to increased market attention on sectors related to computing power leasing and data centers, driven by the explosive adoption of AI Agents, which has boosted demand for CDN and data transmission [1] Recent Events - The controlling shareholder of the company is set to change from Beijing Fashion Holdings to Beijing Data Group, aiming to focus on the digital economy [2] - This state-owned restructuring is expected to bring resource synergies, potentially supporting the stock price [2] - The company is advancing the "Fangheng Technology Supercomputing and Financial Cloud Computing Base" project, which is nearing completion and is expected to enhance computing power capacity [2] Financial and Technical Analysis - From a technical analysis perspective, the stock has recently broken through the 20-day moving average resistance, with the MACD indicator showing a positive divergence, indicating strong short-term momentum [3] - On February 13, the stock experienced a trading range of 16.41% and a turnover rate of 5.53%, reflecting high trading activity [3] Current Operating Status - According to the company's earnings forecast, the net profit attributable to the parent company is expected to be a loss of between 65 million to 85 million yuan in 2025, which represents a significant narrowing of losses compared to a loss of 127 million yuan in the same period of 2024 [4] - Although the company has not yet turned profitable, the marginal improvement in profitability may positively influence market sentiment [4]

Market Overview - On February 6, A-shares experienced a volume contraction and consolidation, with the ChiNext AI sector turning negative in the afternoon, leading to declines in both computing power and AI applications [1][7] - Major components in the AI application sector saw significant losses, with Kunlun Wanwei dropping over 7%, Xinyi Sheng down 5%, and Zhongji Xuchuang falling 4% [1][7] - The ChiNext AI ETF (159363) closed down 1.95%, marking its first decline after ten consecutive weeks of gains, with a daily trading volume of 566 million yuan [1][7] Computing Power Sector - The IDC computing power leasing sector showed relative activity, with companies like Tongniu Information and Aofei Data rising over 5% during the trading session [1][7] - The Qianwen APP from Alibaba faced service interruptions during the Spring Festival promotion, highlighting a computing power bottleneck and revealing opportunities for domestic computing power [9] - National internet giants are engaged in a "red envelope war" to capture traffic for large models, indicating that computing resources are becoming a critical constraint in AI applications [9] AI Applications - The commercial model for AI applications is evolving towards large-scale implementation, with expectations for accelerated commercialization of AI agents by 2026 as the ecosystem matures [10] - The supply of AI agents is currently concentrated among leading model manufacturers, with high usage costs, suggesting that high-value scenarios on both consumer and business sides will be the first to achieve large-scale deployment [10] - The ChiNext AI ETF (159363) is positioned to benefit directly from the commercialization of AI technology, with approximately 60% of its portfolio allocated to computing power and 40% to AI applications [10]

Core Viewpoint - The company, Tongniu Information, anticipates a net loss attributable to shareholders of 65 million to 85 million yuan for 2025, showing an improvement from a net loss of approximately 127 million yuan in the same period last year [1] Financial Performance - The company's overall operational situation remains stable, with main business revenue maintaining stability compared to the same period last year [1] - The net profit has improved compared to the previous year, indicating a reduction in losses [1] Cost Management - The company has implemented cost reduction and efficiency enhancement measures, leading to a decrease in the expense ratio compared to the same period last year [1] - The provision for asset impairment is expected to decrease compared to the previous year, contributing to improved profitability [1] Challenges - Despite improvements, high costs related to fixed asset depreciation and changes in market conditions and customer demand have compressed the company's ability to reuse resources [1] - The existing business scale has not effectively distributed fixed costs, resulting in the company not yet achieving profitability [1]