证券代码：301236 证券简称：软通动力 公告编号：2026-019 软通动力信息技术（集团）股份有限公司 关于回购公司股份方案的公告 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。 重要内容提示： 软通动力信息技术（集团）股份有限公司（以下简称"公司"或"软通动力"） 拟使用自有资金和/或自筹资金以集中竞价交易的方式回购公司部分社会公众股 份，回购方案主要内容如下： 1、回购股份种类：公司已发行的人民币普通股（A 股）股票。 2、回购股份用途：用于员工持股计划或股权激励计划。 3、回购股份价格及金额：不超过人民币 68.57 元/股（含），该价格不高于 公司董事会通过回购决议前 30 个交易日公司股票交易均价的 150%；回购资金 总额不低于人民币 10,000 万元（含），不超过人民币 20,000 万元（含）。 8、风险提示： (1)本次回购股份方案存在回购期限内股票价格持续超出回购价格上限，而 导致本次回购方案无法实施或只能部分实施等不确定性风险； (2)本次回购股份方案存在因发生对公司股票交易价格产生重大影响的重大 事项或公司董事会决定终止本次回购 ...

基于对公司未来发展前景的信心和内在价值的认可，为进一步丰富完善公司 长期激励手段，并为维护投资者利益，增强投资者信心，结合公司经营情况、主 营业务发展前景、财务状况以及未来的盈利能力等因素，公司拟使用自有资金和 /或自筹资金回购部分股份，用于员工持股计划或股权激励计划。 证券代码：301236 证券简称：软通动力 公告编号：2026-018 软通动力信息技术（集团）股份有限公司 第二届董事会第二十七次会议决议公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 软通动力信息技术（集团）股份有限公司（以下简称"公司"）经全体董事一 致豁免会议通知时间，于 2026 年 3 月 30 日发出会议通知，并于 3 月 30 日在公 司会议室以现场及通讯表决方式召开了第二届董事会第二十七次会议，会议应到 董事 9 名，实到董事 9 名。会议的召集和召开程序符合有关法律、行政法规、部 门规章、规范性文件和公司章程的有关规定。本次会议由董事长刘天文先生主持， 高级管理人员列席了本次会议，经过认真审议，形成如下决议： 一、会议审议通过如下议案 1、审议通过《关于以集中竞价交易 ...

证券代码：301236 证券简称：软通动力 公告编号：2026-017 软通动力信息技术（集团）股份有限公司 关于实际控制人、董事长提议回购公司股份的公告 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。 软通动力信息技术（集团）股份有限公司（以下简称"公司"或"软通动力"） 于 2026 年 3 月 27 日收到公司实际控制人、董事长刘天文先生提交的《关于提议 回购公司股份的函》，具体内容如下： 一、提议人的基本情况及提议时间 1、提议人：公司实际控制人、董事长刘天文先生 2、提议时间：2026 年 3 月 27 日 3、是否享有提案权：是 二、提议回购公司股份的原因和目的 基于对公司价值的认可及未来持续稳定发展的信心，为维护广大投资者的利 益，增强投资者信心，切实提高公司股东的投资回报，同时完善公司长效激励机 制，推动公司的持续、稳定发展，并结合公司经营情况及财务状况等因素，公司 实际控制人、董事长刘天文先生提议公司以自有资金和/或自筹资金通过集中竞 价交易方式回购公司股份。 4、回购股份的总金额和回购数量：回购资金总额为人民币 10,000 万元（含） - ...

摘要： 在analytica2026这场备受瞩目的国际盛会中，不少"领头羊"品牌重磅亮相，他们携创新产品与解决方案同台竞技，向世界展现硬核专业实力与品牌风 采。 特别提示 微信机制调整，点击顶部"仪器信息网" → 右上方"…" → 设为 ★ 星标，否则很可能无法看到我们的推送。 2026年3月24日，第29届德国慕尼黑分析生化及实验室展览会（anal y tica2026）在德国慕尼黑展览中心盛大开幕。 作为全球分析科学、生物技术与实验室技术领域规模最大、历史最悠久的专业展会，anal y tica自1968年创办以来，每两年举办一届，至今已 跨越了近半个世纪，始终是行业技术创新与市场趋势的重要风向标。 本届盛会汇聚了来自世界各地的顶尖仪器厂商，集中展示最新的实验室设备、分析仪器和生物技术解决方案。 据仪器信息网不完全统计，本届 展会全球参展商数量攀升至1141家，而中国展商数量一举达到177家，较2024年增长超70%，较2022年实现近3倍增长，创下历史新高。 这组数字的背后，是中国分析仪器行业的全面崛起，更是国产仪器出海的坚定决心。 在这场备受瞩目的国际盛会中， 不少"领头羊"品牌重磅亮相：这其中既有深 ...

Investment Rating - The report maintains a "Recommended" rating for the computer industry [1] Core Insights - The demand for AI inference is continuously growing, driven by a significant increase in tokens usage, with a reported increase from 1.62 trillion tokens in March 2025 to 18 trillion tokens in March 2026, representing a growth of approximately 1011% [6][11] - Cloud service providers are raising prices for AI computing products due to rising hardware costs and increased demand for AI services, with price hikes ranging from 5% to 34% for various services [8][33] - The report highlights that the expansion of AI capabilities is expected to lead to a substantial increase in the number of active agents and token consumption, with annual token consumption projected to grow from 0.0005 PetaTokens in 2025 to 152,667 PetaTokens by 2030, reflecting a compound annual growth rate of 3418% [9][38] Summary by Sections Recent Trends - The computer industry has shown a relative performance decline of -10.1% over the past month, while the Shanghai Composite Index has remained stable [5] Price Adjustments - Major cloud providers like Alibaba Cloud and Baidu Cloud are increasing prices for AI computing services due to rising hardware procurement costs, with specific increases of up to 34% for Alibaba's AI computing services and 30% for Baidu's [8][27] Token Consumption Growth - The report indicates a significant rise in token consumption, with OpenClaw being a major contributor, achieving a monthly token call volume of 13.4 trillion as of March 2026 [17] - The share of domestic models in token consumption is increasing, with domestic models accounting for approximately 53.4% of the top models' total token calls as of March 2026 [14] Future Outlook - The report anticipates that the demand for AI computing and tokens will continue to rise, benefiting cloud service providers and related upstream and downstream companies [10][44] - The ongoing increase in hardware costs and the demand for AI services suggest that price adjustments in the cloud computing sector may persist [9][33]

证券代码：301236 证券简称：软通动力 公告编号：2026-016 软通动力信息技术（集团）股份有限公司 股东减持股份预披露公告 股东 CEL Bravo Limited 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。 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。 特别提示： 软通动力信息技术（集团）股份有限公司（以下简称"公司"或"软通动力"） 于近日收到股东 CEL Bravo Limited（以下简称"CEL Bravo"）出具的《关于股 份减持计划的告知函》，CEL Bravo 持有公司股份数量 73,299,338 股，占公司总 股本比例 7.08%，CEL Bravo 由于自身资金安排的原因，拟通过集中竞价和大宗 交易方式减持所持有的公司股份，合计减持不超过 20,703,784 股，即不超过公 司总股本的 2%。其中，通过集中竞价交易方式减持的，自本公告发布之日起 15 个交易日之后的 3 个月内，减持不超过 10,351,892 股（占公司总股本比例 1.00%）； 通过大宗交易方式减持的，自本公告发布之日起 15 个交易日之后的 ...

证券代码： 301236 证券简称：软通动力 软通动力信息技术(集团)股份有限公司 投资者关系活动记录表 编号：2026-001 投资者关系活 动类别 √ 特定对象调研 □ 分析师会议 □ 媒体采访 □ 业绩说明会 □ 新闻发布会 √ 路演活动 □ 现场参观 □ 其他 （请文字说明其他活动内容） 参与单位名称 及人员姓名 长城基金 于翼资产 华商基金 暖逸欣基金 同犇投资 东吴基金 中再资产 格林基金 华富基金 华龙证券 中金公司 工银瑞信 易知投资 银叶投资 民生信托 西部利得 嘉实基金 华夏未来 长安基金 同泰基金 钦沐资产 五中基金 银华基金 国寿养老 东方睿石 国联民生证券 华创证券 天弘基金 兴证证券资管 国联安基金 长江养老 亚太财险 幸福人寿 煜德投资 筌笠资产 中国人保健康 中国人保 国投瑞银 兴业基金 农银汇理 大成基金 高毅资产 富国基金 盈创投资 鸿道投资 长盛基金 长城财富保险 泰德圣投资 富安达基金 诚盛投资 肇万资产 国联证券 华能贵诚信托 时间 2026 年 2 月 9 日至 3 月 10 日 地点 电话会议+现场会议 上市公司接待 人员姓名 投资者关系总经理 李昕女士 投关团队 ...

Group 1: 康农种业 - 康农种业 has achieved a breakthrough in the Huang-Huai-Hai market with its representative variety 康农玉 8009, which is expected to continue growing in this region and is making progress in exporting corn seeds [2][3][4] - The company is projected to have EPS of 0.78, 1.15, and 1.5 yuan for the years 2025, 2026, and 2027 respectively, with a target price of 40.25 yuan based on a 35x valuation for 2026 [3][4] - The corn seed supply-demand inflection point is emerging, with national seed corn area and production reaching a ten-year high in 2023, and a supply-demand ratio of 167%, indicating a favorable environment for quality seed sales [3][4] Group 2: 万润新能 - 万润新能 is positioned at a critical point of performance confirmation and product technology upgrade, with expectations of simultaneous growth in volume and profit due to surging demand for energy storage and power batteries [2][6][9] - The company is projected to have a net profit of -446 million yuan, 963 million yuan, and 1.37 billion yuan for 2025, 2026, and 2027 respectively, with an EPS of -3.54 yuan, 7.63 yuan, and 10.87 yuan [6][9] - The company is a leading supplier of lithium iron phosphate cathode materials for lithium batteries, with a projected sales growth of approximately 64.33% in 2025, ranking second in domestic shipments [8][9] Group 3: 爱柯迪 - 爱柯迪 is recognized as a lightweight champion in the automotive sector, actively expanding into the fields of intelligent robotics and magnesium alloy products, with a projected net profit of 1.14 billion, 1.41 billion, and 1.74 billion yuan for 2025, 2026, and 2027 respectively [2][11][12] - The company is expected to benefit from the growing trend of automotive lightweighting and aims to become a primary supplier in the field of embodied intelligence [11][12] - The acquisition of 卓尔博 is anticipated to enhance 爱柯迪's revenue by over 1 billion yuan in 2026, as it enters the micro and special motor sector [12][11] Group 4: 华新建材 - 华新建材 is focusing on strong profitability and pricing in African markets, with adjusted net profit projections of 2.8 billion, 3.61 billion, and 4.19 billion yuan for 2025, 2026, and 2027 respectively [26][27] - The company has reported strong performance from its Nigerian subsidiary, with a net profit of approximately 1.28 billion yuan in 2025, exceeding expectations [27] - The pricing for cement in key African countries has shown significant increases, indicating a robust market environment for 华新建材 [27][26] Group 5: 新城控股 - 新城控股 is optimizing its debt structure through multiple financing channels, with a projected EPS of 0.37, 0.51, and 0.61 yuan for 2025, 2026, and 2027 respectively [29][30] - The company has successfully applied for a public REITs project, expected to raise 1.625 billion yuan, which will enhance its cash flow stability [29][30] - The company is actively working on diversifying its financing methods, including issuing REITs and optimizing its debt structure [30][31] Group 6: 行动教育 - 行动教育 is expected to achieve net profits of 303 million, 366 million, and 427 million yuan for 2025, 2026, and 2027 respectively, with a target price of 67.54 yuan [32][33] - The company is advancing its "百校计划" to expand its presence and enhance its service capabilities, while also integrating AI strategies to improve operational efficiency [32][33] - The company has reported a high net profit margin of 37.97% in Q3 2025, indicating strong profitability [32][33]

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。 特别风险提示：软通动力信息技术（集团）股份有限公司（以下简称"公司" 或"软通动力"）对资产负债率超过 70%的单位担保金额超过公司最近一期经审计 净资产 50%，上述所提及的资产负债率超过 70%的单位均为公司全资子公司， 财务风险处于可控范围内，敬请投资者充分关注担保风险。 一、担保情况概述 公司于 2025 年 11 月 28 日、2025 年 12 月 15 日召开第二届董事会第二十三 次会议及 2025 年第三次临时股东会，审议通过了《关于担保额度预计的议案》， 同意公司在 2026 年 1 月 1 日至 2026 年 12 月 31 日期间，为控股子公司预计提供 不超过 90 亿人民币的授信额度担保（不含公司之前审议通过的担保额度及第二 届董事会第二十三次会议审议通过的《关于为全资子公司担保额度调整的议案》 涉及的新增担保额度），其中为资产负债率超过 70%的控股子公司预计提供不超 过 65.23 亿人民币的循环使用授信额度担保（资产负债率超过 70%各控股子公司 授信担保可相互调剂使用），为资产负债 ...

Investment Rating - The report initiates coverage with a "Buy" rating for the company, Softcom Power, with a target price of 61.89 CNY [5][10]. Core Insights - Softcom Power is a leading provider of full-stack intelligent products and services in China, benefiting from the acquisition of Tongfang Computer, which enhances its hardware layout and is expected to gain from the domestic innovation and transformation (信创) market [2][10]. - The company forecasts significant revenue growth, with total revenue projected to reach 370.35 billion CNY in 2025, 441.27 billion CNY in 2026, and 530.59 billion CNY in 2027, reflecting a compound annual growth rate (CAGR) of 35.29% from 2020 to 2027 in the 信创 market [10][19]. Financial Summary - **Revenue Forecast**: - 2023A: 17,581 million CNY - 2024A: 31,316 million CNY (78.1% YoY growth) - 2025E: 37,035 million CNY (18.3% YoY growth) - 2026E: 44,127 million CNY (19.1% YoY growth) - 2027E: 53,059 million CNY (20.2% YoY growth) [4][19] - **Net Profit (Attributable to Parent)**: - 2023A: 534 million CNY - 2024A: 180 million CNY (-66.2% YoY) - 2025E: 201 million CNY (11.5% YoY growth) - 2026E: 400 million CNY (99.1% YoY growth) - 2027E: 580 million CNY (45.0% YoY growth) [4][19] - **Earnings Per Share (EPS)**: - 2023A: 0.52 CNY - 2024A: 0.17 CNY - 2025E: 0.19 CNY - 2026E: 0.39 CNY - 2027E: 0.56 CNY [4][19] - **Price-to-Earnings Ratio (P/E)**: - 2023A: 94.29 - 2024A: 279.09 - 2025E: 250.28 - 2026E: 125.73 - 2027E: 86.72 [4][19] Business Overview - Softcom Power provides a comprehensive range of services including software and digital technology services, computing products, intelligent electronics, digital energy, and intelligent computing services, employing over 90,000 staff [10][24]. - The company serves over 2,600 domestic and international clients across more than 10 key industries, with over 230 clients being Fortune Global 500 or China 500 companies [10][24]. - The acquisition of Tongfang Computer is expected to enhance the company's hardware capabilities, allowing it to offer a complete suite of IT infrastructure solutions from terminals to servers [10][34]. Strategic Growth - The report highlights the strategic acquisition of Tongfang Computer, which is anticipated to drive revenue growth and enhance the company's market position in the digital infrastructure sector [10][35]. - The 信创 market is projected to reach 4.23 trillion CNY by 2027, with a CAGR of 35.29% from 2020 to 2027, driven by the rapid development of artificial intelligence and the demand for domestic computing infrastructure [10][19].