证券代码：300913 证券简称：兆龙互连 浙江兆龙互连科技股份有限公司 向特定对象发行股票 发行情况报告书 保荐人（主承销商） 二〇二五年十二月 发行人及全体董事、高级管理人员声明 本公司及全体董事、高级管理人员承诺本发行情况报告书不存在虚假记 载、误导性陈述或重大遗漏，并对其真实性、准确性、完整性承担相应的法律 全体董事签名： ______________ 姚金龙 ______________ 姚云萍 ______________ 肖建中 ______________ 陈众励 ______________ 姚银龙 ______________ 宋红霞 ______________ 钱 瑛 ______________ 姚伟民 ______________ 应 瑛 除董事外其他高级管理人员签名： ______________ 沈福良 | 公司、兆龙互连、 | 指 | 浙江兆龙互连科技股份有限公司 | | --- | --- | --- | | 上市公司、发行人 | | | | 兆龙控股、控股股 | 指 | 浙江兆龙控股有限公司 | | 东 | | | | 实际控制人 | 指 | 姚金龙 | | 本发行情况报 ...

浙江兆龙互连科技股份有限公司（以下简称"公司"）向特定对象发行股票 发行承销总结及相关文件已在深圳证券交易所备案通过，公司将依据相关规定尽 快办理本次发行新增股份的登记托管事宜。 《浙江兆龙互连科技股份有限公司向特定对象发行股票发行情况报告书》等 相关文件已于同日在中国证券监督管理委员会指定的创业板信息披露网站巨潮 资讯网（www.cninfo.com.cn）上披露，敬请投资者注意查阅。 特此公告。 证券代码：300913 证券简称：兆龙互连 公告编号：2025-077 浙江兆龙互连科技股份有限公司 关于向特定对象发行股票发行情况报告书披露的提示性公告 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。 浙江兆龙互连科技股份有限公司董事会 2025 年 12 月 15 日 ...

保荐人（主承销商） 二〇二五年十二月 证券代码：300913 证券简称：兆龙互连 中信建投证券股份有限公司 关于 浙江兆龙互连科技股份有限公司 向特定对象发行股票 发行过程和认购对象合规性的报告 深圳证券交易所： 经中国证券监督管理委员会（以下简称"中国证监会"）《关于同意浙江兆龙 互连科技股份有限公司向特定对象发行股票注册的批复》（证监许可〔2025〕1826 号），同意浙江兆龙互连科技股份有限公司（以下简称"兆龙互连"、"发行人" 或"公司"）向特定对象发行股票的注册申请。 中信建投证券股份有限公司（以下简称"中信建投证券"、"保荐人（主承销 商）"）作为兆龙互连本次向特定对象发行股票（以下简称"本次发行"）的保荐 人和主承销商，对发行人本次发行过程及认购对象的合规性进行了核查，认为兆 龙互连的本次发行过程及认购对象符合《中华人民共和国公司法》（以下简称"《公 司法》"）《中华人民共和国证券法》（以下简称"《证券法》"）《深圳证券交易所股 票上市规则》（以下简称"《上市规则》"）《证券发行与承销管理办法》《上市公司 证券发行注册管理办法》（以下简称"《注册管理办法》"）《深圳证券交易所上市 公司证券发行与 ...

Core Viewpoint - Zhaolong Interconnect experienced a decline of 5.19% in stock price, with a trading volume of 4.51 billion yuan and a market capitalization of 16.442 billion yuan [1] Group 1: Company Overview - Zhaolong Interconnect Technology Co., Ltd. was established on August 21, 1995, and went public on December 7, 2020. The company specializes in the design, manufacturing, and sales of data cables, specialized cables, and connection products [7] - The revenue composition of Zhaolong Interconnect includes: 43.60% from category 6 and below data communication cables, 20.81% from category 6A and above data communication cables, 18.04% from specialized cables, 11.62% from connection products, and 5.94% from other sources [7] - As of September 30, 2025, the number of shareholders reached 38,100, an increase of 8.59% from the previous period, with an average of 6,721 circulating shares per person, a decrease of 7.49% [7] Group 2: Financial Performance - For the period from January to September 2025, Zhaolong Interconnect achieved a revenue of 1.518 billion yuan, representing a year-on-year growth of 13.28%, and a net profit attributable to shareholders of 138 million yuan, reflecting a year-on-year increase of 53.82% [7] - The company has distributed a total of 113 million yuan in dividends since its A-share listing, with 82.34 million yuan distributed over the past three years [8] Group 3: Market Position and Trends - Zhaolong Interconnect has established itself as a core partner in the active cable (AEC) sector for leading international interconnect solution providers, leveraging its technological expertise in high-speed cable [2] - The company’s optical products include fiber optic jumpers and connectors, primarily serving high-end projects in finance, education, healthcare, and exhibitions, while also expanding into overseas markets [2] - Zhaolong Interconnect is one of the few companies capable of designing and manufacturing data cables of category 6 and above, meeting the new data transmission demands of the 5G era [2] Group 4: Investment and Market Dynamics - The company benefits from the depreciation of the RMB, with overseas revenue accounting for 61.93% of total revenue as of the 2024 annual report [3] - The stock has seen a recent average trading cost of 55.55 yuan, with the current price approaching a resistance level of 52.97 yuan, indicating potential for upward movement if this level is surpassed [6]

Core Viewpoint - The company, Zhejiang Zhaolong Interconnect Technology Co., Ltd., is experiencing growth in its revenue and profit, driven by its capabilities in high-speed cables, optical products, and machine vision solutions, while benefiting from the depreciation of the RMB in overseas markets [2][3][7]. Company Overview - Zhejiang Zhaolong Interconnect was established on August 21, 1995, and went public on December 7, 2020. The company specializes in the design, manufacturing, and sales of data cables, special cables, and connection products [7]. - The revenue composition includes: 43.60% from data communication cables of category 6 and below, 20.81% from category 6A and above, 18.04% from special cables, 11.62% from connection products, and 5.94% from other sources [7]. Financial Performance - For the period from January to September 2025, the company achieved a revenue of 1.518 billion yuan, representing a year-on-year growth of 13.28%. The net profit attributable to the parent company was 138 million yuan, reflecting a significant increase of 53.82% [7]. - The company has distributed a total of 113 million yuan in dividends since its A-share listing, with 82.34 million yuan distributed over the past three years [8]. Market Position and Strategy - The company has established itself as a core partner for international leading interconnect solution providers in the active cable (AEC) sector, leveraging its technological expertise in high-speed cable [2]. - The optical product range includes fiber optic jumpers, MPO/MTP pre-terminated cables, and LC fiber optic connectors, primarily serving high-end projects in finance, education, healthcare, and exhibitions, while also expanding into overseas markets [2]. - The company is one of the few in China capable of designing and manufacturing data cables of category 6 and above, meeting the new data transmission demands of the 5G era [2]. Investment and Market Dynamics - The company benefits from the depreciation of the RMB, with overseas revenue accounting for 61.93% of total revenue as of the 2024 annual report [3]. - The stock has seen a recent increase in trading activity, with a turnover rate of 4.68% and a total market capitalization of 17.818 billion yuan [1].

Core Viewpoint - The company, Zhejiang Zhaolong Interconnect Technology Co., Ltd., has shown significant growth in revenue and profit, driven by its strong position in the high-speed cable and optical fiber markets, as well as benefiting from the depreciation of the RMB. Group 1: Company Performance - For the period from January to September 2025, the company achieved a revenue of 1.518 billion yuan, representing a year-on-year growth of 13.28% [7] - The net profit attributable to the parent company was 138 million yuan, reflecting a substantial year-on-year increase of 53.82% [7] - The company has distributed a total of 113 million yuan in dividends since its A-share listing, with 82.34 million yuan distributed over the past three years [8] Group 2: Market Position and Products - The company has established itself as a core partner for international leading interconnect solution providers in the active electrical cable (AEC) sector, leveraging its technological expertise in high-speed cables [2] - Its optical products include fiber optic jumpers, MPO/MTP pre-terminated connectors, and LC fiber optic connectors, primarily serving high-end projects in finance, education, healthcare, and exhibitions, while also expanding into overseas markets [2] - The company is one of the few in China capable of designing and manufacturing data cables exceeding Category 6, 6A, and up to Category 8, meeting the new data transmission demands of the 5G era [2] Group 3: Financial Metrics and Shareholder Information - As of September 30, 2025, the company's overseas revenue accounted for 61.93%, benefiting from the depreciation of the RMB [3] - The average trading cost of the company's shares is 55.49 yuan, with the stock price currently fluctuating between resistance at 63.02 yuan and support at 54.55 yuan [6] - The number of shareholders increased by 8.59% to 38,100, with an average of 6,721 shares held per person, a decrease of 7.49% [7]

Group 1 - The company Zhaolong Interconnect is located in Shilin Industrial Zone, Xinshi Town, Deqing County, Zhejiang Province [2]

Group 1: Data Center Short-Distance Transmission Solutions - AOC (Active Optical Cable) is defined as an integrated optical fiber cable with built-in optical transceiver modules at both ends, functioning as a complete product of optical modules, fiber, and connectors, primarily used for interconnection between racks with a transmission distance of up to 100 meters [1][20]. - DAC (Direct Attach Copper) is a passive copper cable without built-in chips, designed for physical connections using copper conductors to transmit electrical signals, mainly used for connections within cabinets, with a very short transmission distance of up to 3 meters due to high-frequency signal attenuation [1][20]. - ACC (Active Copper Cable) integrates a signal driver (Redriver chip) at the receiving end to amplify and equalize the signal, providing a balanced solution in terms of performance, cost, and power consumption [1][20]. - AEC (Active Electrical Cable) is a high-performance active copper cable that integrates a retimer chip at both ends, allowing for more precise signal compensation and extending the transmission distance to 10 meters, filling the gap between DAC and AOC [1][20]. Group 2: AEC Supply Landscape - Major overseas manufacturers in the AEC market include Credo, Amphenol, Broadcom, Molex, and Marvell, with Credo being the global leader and standard setter, supplying to Microsoft and Amazon [4][13]. - Amphenol is recognized as a leading global connector manufacturer and a primary supplier of copper cables to NVIDIA [5][14]. - Domestic leading manufacturers include Wolong Nuclear Materials, which ranks first in domestic revenue for high-speed communication cables and supplies AEC materials to Amphenol, Molex, and TE Connectivity [6][15]. - Other notable domestic players include Shenyu Co., a leader in high-frequency RF coaxial cables supplying AEC materials to Amphenol, and Zhaolong Interconnect, which focuses on high-speed interconnection in data centers [6][16][17]. - Changxin Bochuang is developing a full-stack optoelectronic interconnection solution, supplying AOC, AEC, and MPO through its subsidiary [6][18]. - Xinya Electronics specializes in high-frequency and high-speed data cables, collaborating with Amphenol to develop a new structure copper cable that overcomes traditional manufacturing dependencies [6][19].

Group 1: Superhard Materials Sector - The superhard materials sector experienced a significant surge, with the sector index rising over 6% during trading. Notable stocks included Sifangda, which rose by 19.84%, and Huanghe Xuanfeng, which hit the daily limit [2][3] - Superhard materials, including synthetic diamonds and cubic boron nitride, are critical for high-end manufacturing and advanced technologies in China. They are considered strategic materials essential for national technological progress and industrial security [2] - The market potential for synthetic diamonds is expected to grow significantly, with projections indicating a billion-level growth space by 2025, driven by applications in cutting-edge fields such as nuclear fusion and 6G cooling technologies [2] Group 2: Copper Cable High-Speed Connection Sector - The copper cable high-speed connection sector also saw substantial movement, with Xinke Materials hitting the daily limit and Zhaolong Interconnect rising over 14% [4] - Credo, a leading company in the active copper cable (AEC) sector, reported earnings that exceeded market expectations, with a revenue increase of 272% year-over-year for Q2 of FY2026, reaching $268 million [4][5] - The demand for high-speed data storage in AI systems is increasing, with projections indicating a 45% compound annual growth rate for global AEC sales from 2024 to 2028, highlighting the sector's growth potential [5]

Group 1 - The company currently has a saturated order status and is rapidly advancing the procurement and commissioning of new equipment [2] - The company is actively expanding its workforce in production operations, technical research and development, and quality control to strengthen capacity support [2] - The company's production capacity is in a continuous ramp-up phase [2]