证券代码：300895 证券简称：铜牛信息 公告编号：2025-055 北京铜牛信息科技股份有限公司 第五届监事会第十三次会议决议公告 本公司及监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、监事会会议召开情况 1、本次会议通知于 2025 年 10 月 22 日通过电子邮件等方式送达 至各位监事。 2、本次会议于 2025 年 10 月 22 日以现场和通讯相结合的方式召 开，现场会议会址为公司第七会议室。 3、本次会议应出席监事 3 名，实际出席监事 3 名。其中，以通 讯表决方式出席的监事 1 名。 4、本次会议由公司监事会主席王海珍女士主持，公司董事会秘 书列席会议。 5、本次会议的召集、召开和表决程序符合《中华人民共和国公 司法》和《公司章程》的有关规定，形成的决议合法有效。 二、监事会会议审议情况 经与会监事认真审议，会议以举手表决方式通过了以下议案并形 成决议: （一）审议通过《关于 2025 年第三季度报告的议案》 监事会认为：公司编制的《2025 年第三季度报告》的内容真实、 准确、完整地反映了公司 2025 年前三季度经营的实际情况，不存在 ...

证券代码：300895 证券简称：铜牛信息 公告编号：2025-054 北京铜牛信息科技股份有限公司 第五届董事会第十八次会议决议公告 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。 一、董事会会议召开情况 1、本次会议通知于 2025 年 10 月 22 日通过电子邮件等方式送达 至各位董事。 2、本次会议于 2025 年 10 月 22 日以现场和通讯相结合的方式召 开，现场会议会址为公司第七会议室。 3、本次会议应出席董事 7 名，实际出席董事 7 名。其中，以通 讯表决方式出席的董事 6 名。 4、本次会议由公司董事长顾伟达先生主持，公司监事及高级管 理人员列席会议。 5、本次会议的召集、召开和表决程序符合《中华人民共和国公 司法》和《公司章程》的有关规定，形成的决议合法有效。 二、董事会会议审议情况 表决结果:同意票 7 票，反对票 0 票，弃权票 0 票。 经与会董事认真审议，会议以举手表决方式通过了以下议案并形 成决议： （一）审议通过《关于 2025 年第三季度报告的议案》 董事会认为：公司《2025 年第三季度报告》的内容真实、准确、 完整 ...

北京铜牛信息科技股份有限公司 2025 年第三季度报告 证券代码：300895 证券简称：铜牛信息 公告编号：2025-053 北京铜牛信息科技股份有限公司 2025 年第三季度报告 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。 重要内容提示： 1.董事会、监事会及董事、监事、高级管理人员保证季度报告的真实、准确、完整，不存在虚假记载、误导性陈述或重 大遗漏，并承担个别和连带的法律责任。 2.公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)声明：保证季度报告中财务信息的真实、准确、 完整。 3.第三季度财务会计报告是否经过审计 □是 否 1 北京铜牛信息科技股份有限公司 2025 年第三季度报告 一、主要财务数据 （一） 主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 □是 否 其他符合非经常性损益定义的损益项目的具体情况： □适用 不适用 公司不存在其他符合非经常性损益定义的损益项目的具体情况。 单位：元 2 北京铜牛信息科技股份有限公司 2025 年第三季度报告 将《公开发行证券的公司信息披露解释性公告第 1 号——非经常性 ...

Core Viewpoint - Copper Bull Information's stock price has shown a year-to-date increase of 33.98%, with recent fluctuations indicating a slight decline in the short term [1][2]. Group 1: Stock Performance - As of October 9, Copper Bull Information's stock rose by 2.09%, reaching 47.31 CNY per share, with a trading volume of 117 million CNY and a turnover rate of 1.82% [1]. - The company's total market capitalization stands at 6.661 billion CNY [1]. - Year-to-date, the stock has experienced a 33.98% increase, with a 1.56% decline over the last five trading days and a 1.83% decline over the last 20 days [1]. Group 2: Financial Performance - For the first half of 2025, Copper Bull Information reported a revenue of 105 million CNY, reflecting a year-on-year decrease of 10.80%, while the net profit attributable to shareholders was -35.82 million CNY, showing a year-on-year increase of 10.64% [2]. - The company has not distributed any dividends in the last three years, with a total payout of 13.58 million CNY since its A-share listing [3]. Group 3: Shareholder Information - As of June 30, 2025, the number of shareholders for Copper Bull Information is 31,200, a decrease of 16.58% from the previous period, with an average of 4,423 circulating shares per shareholder, an increase of 19.88% [2]. - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited is the eighth largest, holding 335,000 shares as a new shareholder, while Yongying Technology Driven A and Manulife Renaissance Mixed A have exited the top ten [3]. Group 4: Business Overview - Copper Bull Information, established on September 21, 2005, and listed on September 24, 2020, operates as a comprehensive internet service provider, focusing on internet data center services, cloud services, internet access services, and application software development [1]. - The company's revenue composition includes 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 supplementary services [1].

Core Insights - The company Tongniu Information has signed a strategic cooperation agreement with Moore Threads to explore new application scenarios and business models in intelligent computing power services and technology development [1] Group 1 - The collaboration will integrate resources, technology, and market advantages from both companies [1] - The focus areas of the partnership include AI computing power services, intelligent computing center construction, research and development of intelligent computing technology, and innovation in DeepSeek application scenarios [1]

Core Insights - The company, Tongniu Information, has signed a strategic cooperation agreement with Tibet Lhasa Shuchan Group, indicating a commitment to deep collaboration on specific projects [2] Group 1 - The company will closely monitor relevant business opportunities and work closely with strategic partners to actively promote the development of its main business [2]

Core Viewpoint - Copper Bull Information (300895) reported a decline in total revenue and a negative net profit for the first half of 2025, indicating ongoing financial challenges despite a slight improvement in net profit margin compared to the previous year [1] Financial Performance Summary - Total revenue for the first half of 2025 was 105 million yuan, a decrease of 10.8% year-on-year [1] - The net profit attributable to shareholders was -35.82 million yuan, an increase of 10.64% year-on-year [1] - The gross profit margin was -3.48%, a decrease of 213.33% year-on-year, indicating a significant decline in profitability [1] - The net profit margin was -35.83%, an improvement of 4.23% year-on-year [1] - Total receivables accounted for 46.28% of the latest annual revenue, highlighting a substantial amount of outstanding payments [1] Cash Flow and Debt Analysis - Operating cash flow per share was -0.12 yuan, a decrease of 815.41% year-on-year, reflecting increased cash outflows for goods and services [1][3] - The company’s total liabilities increased, with interest-bearing debt rising by 18.73% to 14.17 million yuan [1] - The average operating cash flow over the past three years relative to current liabilities was only 11.3%, indicating potential liquidity issues [5] Investment and Market Position - The company has shown a historical median Return on Invested Capital (ROIC) of 14.95%, but faced a significant drop to -14.76% in 2024, suggesting a weak business model [3] - The largest fund holding Copper Bull Information is CITIC Jiantou Zhenxuan Growth Mixed Initiation A, which has recently increased its position [4]

Core Viewpoint - Copper Bull Information (300895) reported a decline in total revenue and a negative net profit for the first half of 2025, indicating challenges in its financial performance despite a slight improvement in net profit year-on-year [1]. Financial Performance Summary - Total revenue for the first half of 2025 was 105 million yuan, a decrease of 10.8% compared to 117 million yuan in the same period of 2024 [1]. - The net profit attributable to shareholders was -35.82 million yuan, showing a year-on-year improvement of 10.64% from -40.08 million yuan [1]. - The second quarter revenue was 53.84 million yuan, down 19.3% year-on-year, while the net profit for the same quarter was -14.43 million yuan, up 42.0% year-on-year [1]. - The gross profit margin was -3.48%, a significant decline of 213.33% from a positive margin of 3.07% in the previous year [1]. - The net profit margin was -35.83%, an improvement of 4.23% compared to -37.42% in the previous year [1]. - Total receivables increased by 10.92% to 129 million yuan, representing 46.28% of total revenue [1]. Cash Flow and Expenses Summary - Operating cash flow per share was -0.12 yuan, a drastic decrease of 815.41% from 0.02 yuan in the previous year [1]. - Total expenses (selling, administrative, and financial) amounted to 24.54 million yuan, accounting for 23.44% of revenue, an increase of 13.96% year-on-year [1]. - Financial expenses increased by 131.11% due to declining interest rates on deposits [3]. - The net cash flow from operating activities decreased significantly, attributed to increased cash payments for goods and services [3]. Investment Insights - The company has a historical median Return on Invested Capital (ROIC) of 14.95%, but the worst year recorded a ROIC of -14.76%, indicating a weak business model [3]. - The average operating cash flow over the past three years is only 11.3% of current liabilities, raising concerns about liquidity [4]. - The largest fund holding Copper Bull Information is CITIC Jiantou Zhenxuan Growth Mixed Fund A, which has shown a significant increase in value over the past year [4].

Core Viewpoint - In the first half of 2025, Tongniu Information Technology Co., Ltd. reported a revenue of 105 million yuan, a year-on-year decrease of 10.8%, and a net profit attributable to shareholders of -35.8165 million yuan [2] Group 1: Company Performance - The company achieved an operating income of 105 million yuan in the first half of 2025, reflecting a decline of 10.8% compared to the previous year [2] - The net profit attributable to shareholders was -35.8165 million yuan, indicating a loss for the period [2] Group 2: Business Model and Strategy - Tongniu Information has developed comprehensive capabilities to provide clients with IDC services, IaaS, SaaS cloud computing services, network information security services, private cloud and dedicated cloud construction, and enterprise application solutions [2] - The company is strategically positioned to capitalize on the digital economy and national new infrastructure development by establishing quality data center resources in key economic areas with high digital economic activity [2] - The company is enhancing its "dedicated cloud" business model to meet the actual needs of enterprise digital transformation, replacing traditional "private cloud" construction methods [2] Group 3: Competitive Advantages - The dedicated cloud model aims to reduce client investment risks and overall ownership costs, significantly shorten system construction cycles, and meet clients' on-demand procurement needs [2] - The company provides rapid elastic expansion and real-time security monitoring and protection services, establishing a competitive advantage in the market [2]

Group 1 - The core point of the article is that Tongniu Information (SZ 300895) held its 17th meeting of the 5th board of directors on August 25, 2025, to review the semi-annual report and its summary [1] - For the year 2024, the revenue composition of Tongniu Information is as follows: Internet industry accounts for 58.97%, other sectors for 28.15%, financial industry for 8.82%, and government and public institutions for 4.06% [1] - As of the report date, the market capitalization of Tongniu Information is 7.7 billion yuan [1] Group 2 - The A-share market has seen trading volumes exceed 2 trillion yuan for eight consecutive days, indicating strong market activity [1] - Major industry players are actively recruiting for autumn positions, with 25 job openings available, highlighting a demand for talent in the sector [1]