Core Viewpoint - Huibo Yuntong plans to acquire 65.47% of Baode Computer through a share issuance, with a transaction price of 2.946 billion yuan, aiming to enhance its financial metrics and market position in the AI server industry [1][2]. Group 1: Transaction Details - Huibo Yuntong will issue shares to 57 parties, including Leshan High-tech Investment Development Group, to acquire Baode Computer [1]. - The transaction includes performance commitments from Baode Computer's former shareholders, ensuring a minimum net profit of 192 million yuan for 2025 and increasing targets for subsequent years [1]. - The actual controller of Huibo Yuntong, Yu Hao, has committed to not transferring shares for 36 months post-issuance [1]. Group 2: Financial Impact - Post-acquisition, Huibo Yuntong's net profit for 2024 is projected to rise from 70.41 million yuan to 202 million yuan, a 187.55% increase [2]. - The parent net profit is expected to increase from 65.59 million yuan to 156 million yuan, reflecting a 138.02% growth [2]. - The acquisition will significantly enhance Huibo Yuntong's financial indicators and operational capabilities [2]. Group 3: Strategic Advantages - Baode Computer, a leading provider of computing solutions and a key partner in Huawei's Ascend AI server ecosystem, will benefit from Huibo Yuntong's brand recognition and market access [2][3]. - The acquisition will provide Baode Computer with diversified and stable funding sources for R&D and market expansion [3]. - Both companies share a customer base across various sectors, including telecommunications, finance, and government, allowing for potential cross-selling opportunities [3][4]. Group 4: Market Positioning - The acquisition positions Huibo Yuntong to build a comprehensive product and technology capability, enhancing its competitive edge in the AI server market [2]. - Baode Computer's advanced computing products will be introduced to Huibo Yuntong's existing clients, while Baode can leverage Huibo's software services to reach new customers [4].

Core Viewpoint - A significant block trade occurred for Huibo Yuntong on October 31, with a transaction volume of 1.166 million shares and a transaction value of 66.8474 million yuan, indicating a premium of 2.47% over the closing price of the day [2] Group 1: Trading Details - The block trade price was 57.33 yuan, compared to the closing price of 55.95 yuan [2] - The buyer was Huazhang Securities Co., Ltd. Beijing Zhongguancun Street Securities Business Department, while the seller was Shenwan Hongyuan Securities Co., Ltd. Beijing Branch [2] - The stock's trading volume for the day was 8.42 billion yuan, with a net inflow of 102 million yuan in main funds [2] Group 2: Stock Performance - Huibo Yuntong's stock price increased by 2.57% on the day of the trade, with a cumulative increase of 11.32% over the past five days [2] - The stock's turnover rate for the day was 3.86%, indicating active trading [2] - The latest margin financing balance for the stock was 1.237 billion yuan, with an increase of 35.869 million yuan over the past five days, representing a growth of 2.99% [2]

Core Viewpoint - Huibo Yuntong is a leading company in the information technology outsourcing service sector, with a strong focus on software technology outsourcing and mobile intelligent terminal testing services, achieving over 20% revenue growth in most of the past five years [1] Group 1: Business Performance - In Q3 2025, Huibo Yuntong achieved operating revenue of 1.621 billion yuan, ranking 30th in the industry, significantly lower than the top two competitors, Digital China (102.365 billion yuan) and Unisplendour (77.322 billion yuan) [2] - The net profit for the same period was 75.1024 million yuan, ranking 29th in the industry, again trailing behind Unisplendour (1.723 billion yuan) and Baoxin Software (1.133 billion yuan) [2] Group 2: Financial Ratios - As of Q3 2025, the asset-liability ratio was 39.24%, an increase from 32.61% in the previous year, slightly above the industry average of 38.93% [3] - The gross profit margin was 21.32%, down from 24.23% year-on-year and below the industry average of 29.96%, indicating a need for improvement in profitability [3] Group 3: Shareholder Information - As of September 30, 2025, the number of A-share shareholders decreased by 6.07% to 32,600, while the average number of circulating A-shares held per shareholder increased by 6.46% to 7,442.5 [5] - Notable changes among the top ten circulating shareholders include Hong Kong Central Clearing Limited entering as the seventh largest shareholder with 2.5144 million shares [5] Group 4: Strategic Initiatives - The company plans to acquire 67.91% of Baode Computer to enhance its "soft and hard integration" solutions and full-stack closed-loop ecosystem, while also expanding its global client base [5][6] - The company is pursuing a "2 + 3" strategy to provide enterprise-level AI intelligent agents and integrated solutions [5]

Core Viewpoint - Huibo Yuntong (301316.SZ) has announced the termination of its plan to issue shares to specific targets for the year 2024, citing changes in external market conditions and the company's actual situation as reasons for this decision [1]. Group 1: Share Issuance Details - The planned share issuance was intended for the company's actual controller, Yu Hao, who was to subscribe to all shares through cash [1][2]. - The issuance price was set at 14.39 yuan per share, which is not less than 80% of the average trading price over the 20 trading days prior to the pricing benchmark date [2]. - The total number of shares to be issued was not to exceed 30,000,000 shares, representing 7.50% of the total share capital before the issuance [2]. Group 2: Company Control and Shareholding Structure - As of the announcement date, the total share capital of the company was 400,010,000 shares, with Yu Hao directly holding 2.92% and controlling a total of 39.29% of the shares through related entities [3]. - Following the proposed issuance, the total share capital would increase to 430,010,000 shares, with Yu Hao's control rising to 43.53%, indicating no change in the company's control [3]. Group 3: Fundraising and Use of Proceeds - The total amount intended to be raised from the issuance was capped at 43,170,000 yuan, with net proceeds planned for big data and AI model research and to supplement working capital [2]. - The company previously raised 30,407.60 million yuan in its 2022 IPO, with net proceeds of 24,076.45 million yuan after expenses, which were lower than the original plan [4].

Group 1 - The core point of the article is the establishment of Huibo Jinxin (Shenzhen) Technology Co., Ltd. with a registered capital of 50 million yuan, focusing on artificial intelligence software development and data processing services [1] - The company is wholly owned by Huibo Yuntong (301316), indicating a strategic move in the AI sector [1] - The business scope includes foundational and application software development for artificial intelligence, as well as computer system services and data processing [1]

Core Points - HuiBo YunTong's stock price increased by 5% to 57.28 CNY per share, with a trading volume of 540 million CNY and a turnover rate of 2.43%, resulting in a total market capitalization of 23.141 billion CNY [1] - The company, established on March 30, 2009, and listed on October 13, 2022, is based in Hangzhou, Zhejiang Province, and specializes in Information Technology Outsourcing (ITO) services, including software technology outsourcing and mobile intelligent terminal testing services [1] - The revenue composition of HuiBo YunTong includes 65.78% from software technology services, 29.03% from professional technical services, 4.39% from products and solutions, and 0.80% from other services [1] Shareholder Information - Southern Fund's Southern CSI 1000 ETF (512100) is among the top ten circulating shareholders of HuiBo YunTong, having reduced its holdings by 14,900 shares in the third quarter, now holding 2.2154 million shares, which accounts for 0.91% of the circulating shares [2] - The Southern CSI 1000 ETF has a current scale of 76.63 billion CNY and has achieved a year-to-date return of 27.12%, ranking 2130 out of 4216 in its category [2] - The fund manager, Cui Lei, has been in charge for 6 years and 360 days, with a total fund asset size of 122.76 billion CNY, achieving the best return of 182.39% and the worst return of -15.93% during the tenure [2]

慧博云通科技股份有限公司董事会 关于本次交易符合《创业板上市公司持续监管办法（试行）》 第十八条、第二十一条以及《深圳证券交易所上市公司重大 1、本次交易符合《持续监管办法》第十八条和《重组审核规则》第八条的 规定 《持续监管办法》第十八条规定，"上市公司实施重大资产重组或者发行股 份购买资产的，标的资产所属行业应当符合创业板定位，或者与上市公司处于同 行业或上下游。" 《重组审核规则》第八条规定，"创业板上市公司实施重大资产重组的，拟 购买资产所属行业应当符合创业板定位，或者与上市公司处于同行业或者上下 游。" 根据《深圳证券交易所创业板企业发行上市申报及推荐暂行规定》的有关规 定，创业板主要服务成长型创新创业企业，并支持传统产业与新技术、新产业、 新业态、新模式深度融合。 标的公司宝德计算是中国先进的计算产品方案提供商，主营业务为服务器、 终端整机产品的研发、生产、销售，ICT 增值分销及提供相关的综合解决方案， 1 资产重组审核规则》第八条规定的说明 慧博云通科技股份有限公司（以下简称"上市公司"、"公司"）拟通过发 行股份的方式向乐山高新投资发展（集团）有限公司等57名交易对方购买其合计 持有的宝德计 ...

华泰联合证券有限责任公司关于不存在 法定代表人： 江 禹 财务顾问主办人： 张延鹏 苏起湘 顾金池 瞿 真 财务顾问协办人： 孔祥熙 樊灿宇 曹 珂 李昀珂 钟 赞 华泰联合证券有限责任公司 2 本公司及本公司经办人员不存在泄露本次交易内幕信息以及利用本次交易 信息进行内幕交易的情形，不存在因涉嫌与重大资产重组相关的内幕交易被立案 调查或立案侦查的情形，最近 36 个月内不存在因涉嫌与重大资产重组相关的内 幕交易被中国证券监督管理委员会作出行政处罚或者司法机关依法追究刑事责 任的情形，不存在依据《上市公司监管指引第 7 号——上市公司重大资产重组相 关股票异常交易监管》第十二条不得参与重大资产重组的情形。 （以下无正文） 1 （本页无正文，为《华泰联合证券有限责任公司关于不存在<上市公司监管指引 第 7 号——上市公司重大资产重组相关股票异常交易监管>第十二条不得参与上 市公司重大资产重组情形的承诺》之签字盖章页） 年 月 日 《上市公司监管指引第7号——上市公司重大资产重组相关股票异常 交易监管》第十二条不得参与上市公司重大资产重组情形的承诺 华泰联合证券有限责任公司（以下简称"本公司"）接受慧博云通科技股 ...

慧博云通科技股份有限公司 前次募集资金使用情况报告 根据中国证券监督管理委员会发布的《监管规则适用指引——发行类第7号》等有 关规定，慧博云通科技股份有限公司（以下简称"公司"）现将截至2025年7月31日的 前次募集资金使用情况报告如下： 一、前次募集资金的数额、资金到账时间及资金在专项账户的存 放情况 经中国证券监督管理委员会《关于同意慧博云通科技股份有限公司首次公开发行股 票注册的批复》（证监许可〔2022〕1588号）核准，并经深圳证券交易所同意，公司由 主承销商华泰联合证券有限责任公司通过深圳证券交易所系统于2022年9月25日采用全 部向二级市场投资者定价配售方式，向社会公众公开发行了普通股（A股）股票 40,010,000.00股，发行价为每股人民币7.6元。截至2022年10月10日，公司共募集资金 304,076,000.00元，扣除发行费（不含增值税）人民币63,311,539.14元，募集资金净额为 240,764,460.86元。 上述募集资金净额已于2022年10月10日划入募集资金账户，资金到位情况由致同会 计师事务所（特殊普通合伙）致同验字（2022）第110C000575号《验 ...

慧博云通科技股份有限公司董事会 关于本次交易预计构成重大资产重组 注 1：上表宝德计算的"资产总额及交易金额孰高值"、"资产净额及交易金额孰高值"和"营 业收入"取宝德计算 2024 年末/年度资产总额、资产净额和营业收入； 注 2：宝德计算、慧博云通的资产总额、资产净额和营业收入取自经审计的 2024 年度财务 报表，资产净额为归属于母公司股东的所有者权益。 基于上述测算，本次交易构成《重组管理办法》规定的上市公司重大资产重 组行为。 本次交易前三十六个月内，上市公司实际控制人为余浩，未发生变更。本次 交易完成后，上市公司的实际控制人仍为余浩。因此，本次交易不会导致上市公 1 司控制权发生变更。根据《重组管理办法》的相关规定，本次交易不构成重组上 市。 但不构成重组上市的说明 慧博云通科技股份有限公司（以下简称"上市公司"）拟通过发行股份的方 式向乐山高新投资发展（集团）有限公司等 57 名交易对方购买其合计持有的宝 德计算机系统股份有限公司（以下简称"宝德计算"）65.47%股份，并向实际控 制人余浩、战略投资者长江产业集团发行股份募集配套资金（以下简称"本次交 易"）。 根据《上市公司重大资产重组管理办 ...