证券之星消息，10月17日通信服务板块较上一交易日下跌0.35%，蜂助手领跌。当日上证指数报收于 3839.76，下跌1.95%。深证成指报收于12688.94，下跌3.04%。通信服务板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | | --- | --- | --- | --- | --- | --- | --- | | 300959 | 线上线下 | 80.43 | 4.63% | 10.80万 | | 8.69Z | | 603550 | ST通脉 | 8.21 | 2.11% | 1.91万 | | 1551.53万 | | 002115 | 三维通信 | 11.59 | 1.85% | 148.59万 | | 17.60亿 | | 301139 | 元道通信 | 20.88 | 1.26% | 9.39万 | | 1.96/Z | | 601728 | 中国电信 | 6.91 | 1.17% | 191.33万 | | 13.20亿 | | 600941 | 中国移动 | 107.93 | 0.11% | 12.27万 | | 13.26 ...

Core Viewpoint - The company is developing a side SoC chip project that aligns well with China Mobile's silver-haired thin terminal products, indicating potential future applications in related terminal devices [1] Company Summary - In the first half of 2025, the company achieved revenue of 983 million yuan, representing a year-on-year growth of 33.83% [1] - The company reported a net profit attributable to shareholders of 76 million yuan, with a year-on-year increase of 5.69% [1] Industry Summary - The company operates within the information services and communication services industry, focusing on the development of technology that caters to specific market segments [1]

关于回购股份的进展公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 一、回购股份的基本情况 蜂助手股份有限公司（以下简称"公司"）于2025年1月13日召开了第四届董 事会第三次会议，审议通过了《关于回购公司股份方案的议案》，同意以公司银行 专项贷款资金、自有资金和/或自筹资金通过集中竞价交易方式回购公司已发行的 部分人民币普通股（A股）股票，本次回购股份将全部用于实施股权激励计划或员 工持股计划。公司拟用于本次回购的资金总额不低于人民币2,500万元且不超过人 民币5,000万元（均含本数），回购的价格不超过人民币42元/股（含本数），具体 回购股份的数量和金额以回购期满时实际回购的股份数量和金额为准。回购期限为 自公司董事会审议通过回购股份方案之日起不超过12个月。具体内容详见公司分别 于2025年1月14日、2025年1月20日在巨潮资讯网（www.cninfo.com.cn）披露的 《蜂助手股份有限公司关于回购公司股份方案暨取得金融机构回购专项贷款承诺函 的公告》（公告编号：2025-002）、《蜂助手股份有限公司回购报告书》（公告编 号：2025 ...

Group 1 - The core business of the company consists of three main segments: digital goods comprehensive operation, IoT traffic operation, and cloud terminal technology and computing power operation [2] - The company plans to raise 984 million yuan through a private placement, which will be allocated to three strategic projects: cloud terminal computing power center, IoT terminal intelligent upgrade, and SoC chip technology research and development [2] - The cloud terminal computing power center project will receive an investment of 550 million yuan, aimed at providing computing power support for B-end customers [2] Group 2 - The company is focusing on developing cloud terminal technology applications, with various scenarios including cloud gaming services and private domain operation for banks [3] - The company aims to develop highly customized SoC chips to address the high costs and redundancy issues faced by AI hardware manufacturers, integrating specialized functions like voice processing [4] - The cloud phone business, a form of cloud terminal technology, is currently being developed in collaboration with major telecom operators, contributing to revenue growth [5] Group 3 - The company is extending AI technology from cloud to edge, participating in ecosystem construction through self-developed SoC chips, and adopting an internet service model for business operations [6]

Group 1: Business Overview - The company operates in three core segments: digital goods operation, IoT traffic operation, and cloud terminal technology [3][4] - The digital goods segment employs a B2B2C model, leveraging upstream supply chain resources and proprietary digital goods trading platforms [3] - The IoT segment focuses on integrated network solutions for various industries, including smart home devices and professional networking equipment [3][4] Group 2: Fundraising and Investment Projects - The company plans to raise CNY 984 million through a private placement, targeting three strategic projects: cloud terminal computing center, IoT terminal smart upgrade, and SoC chip technology development [4][5] - The cloud terminal computing center project has a total investment of CNY 550 million, aimed at enhancing core competitiveness in cloud terminal technology [5] - The IoT terminal smart upgrade project will invest CNY 220 million, focusing on enhancing connectivity, AI technology development, and cloud collaboration [6] Group 3: Technology and Product Development - The SoC chip development project is set to invest CNY 210 million, aiming to create customized chips that integrate specific functionalities to reduce costs for hardware manufacturers [6][8] - The cloud terminal technology is being applied in various B2B scenarios, including cloud gaming and private domain operations, with a focus on enhancing operational efficiency [7][9] - The company is developing a cloud phone service, which is a form of cloud terminal technology, to provide application capabilities rather than merely replacing physical phones [9][10] Group 4: Market Strategy and Future Outlook - The company aims to build a "cloud + terminal" ecosystem by integrating AI technology and cloud models, enhancing user experience through improved collaboration between cloud and edge devices [4][10] - The strategic shift towards AI services and terminal capabilities is expected to position the company as a leading provider of computing services centered around AI [4][10] - The company plans to adopt a light-asset model by empowering hardware through chip development, reducing operational risks while expanding market reach [10]

Core Insights - The Ministry of Industry and Information Technology and other departments have announced 20 cities as the first batch of pilot cities for the "Vehicle-Road-Cloud Integration" application, aiming for large-scale commercialization of smart connected vehicles [1] Group 1: Smart Platform Development - The "Vehicle-Road-Cloud Integration" concept combines intelligent vehicles, smart roads, and cloud computing to enhance data perception and collaborative decision-making in complex scenarios [1] - A new traffic information aggregation platform in Shenzhen has been launched, enabling real-time updates on construction, signage, and incidents to support autonomous driving systems [1] Group 2: Infrastructure Improvement - Cities are proactively developing intelligent road infrastructure to facilitate the integration of smart connected vehicles with urban infrastructure and intelligent traffic systems [3] - In Guangzhou, a new smart city project covers 3.5 square kilometers and aims to optimize traffic flow using AI-based infrastructure management [3] - Wuxi has connected 1,723 traffic signals and installed communication units at 674 locations to enhance vehicle connectivity [2] Group 3: Application Expansion - The "Vehicle-Road-Cloud Integration" technology is being applied in various scenarios, including autonomous shuttles and urban management, enhancing convenience for citizens [7] - In Shenzhen, the first autonomous parking pilot has been implemented, allowing users to navigate vehicles to parking spots via a mobile app [8] - Wuxi is expanding the use of autonomous vehicles beyond public transport to include sanitation, security, and logistics [7]

Core Insights - The Ministry of Industry and Information Technology and other departments have announced 20 cities as the first batch of pilot cities for the "Vehicle-Road-Cloud Integration" application, raising questions about the effectiveness of these trials and the timeline for large-scale commercialization [1] Group 1: Smart Platform Development - The "Vehicle-Road-Cloud Integration" concept combines intelligent vehicles, smart roads, and powerful cloud computing to achieve collaborative decision-making through dual data perception [2] - A new traffic information aggregation platform in Shenzhen has been launched, enabling real-time updates on critical information for autonomous vehicles, enhancing their decision-making capabilities [2] - In Zhejiang, a digital twin platform monitors urban traffic in real-time, improving traffic management efficiency through AI algorithms that adjust traffic signal timings based on real-time data [2] Group 2: Infrastructure Enhancement - Pilot cities are proactively developing intelligent road infrastructure to facilitate the integration of smart vehicles with urban infrastructure and intelligent traffic systems [4] - In Guangzhou, a new smart city project has been established, covering 3.5 square kilometers and focusing on dynamic planning and optimization of transportation routes using AI [4] - Shenzhen's Pingshan District is implementing comprehensive upgrades to traffic infrastructure, enhancing project effectiveness through digital platforms [4] Group 3: Traffic Management and Safety - Wuxi has established a collaborative vehicle networking cloud platform, connecting 1,723 traffic lights and deploying various sensing and edge computing devices [3] - Shenzhen has built a regulatory platform for intelligent connected vehicles, enabling dynamic risk assessment and real-time monitoring of vehicle operations [3] Group 4: Expanding Application Scenarios - The application of "Vehicle-Road-Cloud Integration" is expanding beyond passenger transport to include sanitation, security patrols, and logistics delivery in Wuxi [8] - In Shenzhen, autonomous parking has been enhanced with a new version of the parking application, improving efficiency and safety through advanced modeling and monitoring capabilities [9] - Pingshan District in Shenzhen is developing 60 demonstration application scenarios, including quality public transport and low-speed unmanned logistics [9]

中国经济网北京10月9日讯蜂助手（301382）(301382.SZ)近日发布2025年度向特定对象发行股票预案。 本次发行的募集资金总额不超过98,375.49万元(含本数)，扣除发行费用后的募集资金净额将全部用于以 下项目：云终端算力中心项目、物联网终端智能化升级项目、瘦终端SoC芯片技术研发项目。 | 序号 | 项目名称 | 项目投资总额 | THE MAR 1 事集资金投资额 | | --- | --- | --- | --- | | | 云终端算力中心项目 | 54,841.00 | 54,841.00 | | 2 | 物联网终端智能化升级项目 | 22,103.70 | 22,103.70 | | 3 | 瘦终端 SoC 芯片技术研发项目 | 21,430.80 | 21,430.80 | | | 合计 | 98,375.49 | 98.375.49 | 本次向特定对象发行股票的发行对象为包括公司控股股东、实际控制人罗洪鹏在内不超过35名(含35名) 特定投资者，包括符合中国证监会规定的证券投资基金管理公司、证券公司、信托投资公司、财务公 司、保险机构投资者、合格境外机构投资者以及其他机构投资者、 ...

Suspension and Resumption of Trading - Delis Co., Ltd. is planning a change in company control, leading to stock suspension [1] - Doru Pharmaceutical is also planning a change in control, with continued stock suspension [1] - Zhonghuan Environmental Protection is progressing with a change in control and will continue to be suspended [1] Share Buybacks and Equity Transfers - Huaxin Cement plans to repurchase shares worth between 32.25 million and 64.5 million yuan and intends to change its full name and A-share abbreviation to Huaxin Building Materials [2] - Huaxin Environmental Protection plans to repurchase shares worth between 40 million and 80 million yuan [2] - Shareholders of Dongfang Wealth, Ms. Lu Lili and Mr. Shen Yougen, plan to transfer 1.5% of the company's shares through inquiry [2] Investment Cooperation and Operational Status - Bee Assistant plans to raise no more than 980 million yuan through a private placement for projects related to cloud terminal computing power centers, IoT terminal upgrades, and SoC chip technology development [3] - Zhong Unmanned Aerial Vehicle has signed a sales contract with AVIC International for a total contract value of 615 million yuan [3] - Silis reported September sales of 44,700 new energy vehicles, a year-on-year increase of 19.44% [3] - Tianyi Co., Ltd. has become a candidate for procurement projects related to telecom Tianyi Gateway 4.0 and micro smart set-top boxes [3] - Baili Tianheng has received clinical trial approval for BL-ARC001 for late-stage solid tumor treatment [3] - Xinjiang Jiaojian plans to bid for a highway construction project worth 483 million yuan [3] - Runjian Co., Ltd. plans to bid for a land-based wind power project design and construction contract worth 1.753 billion yuan [3] - Bomaike has signed a contract for an offshore floating production storage and unloading vessel project, valued at approximately 190 to 240 million USD [3] - Binhua Co., Ltd. is investing 1.421 billion yuan in an integrated source-network-load-storage project [3] - New Asia Electronics is expanding production in response to increased demand for AI server high-speed copper cables [3] - *ST King Kong has released a restructuring plan focusing on HJT technology and plans to concentrate all production capacity in the Jiuquan area while developing AI big data services [3] Performance Changes - Chip Origin Co., Ltd. expects third-quarter revenue of 1.284 billion yuan, a record high for the company, with a quarter-on-quarter increase of 119.74% and a year-on-year increase of 78.77%, driven by growth in one-stop chip customization services [4] - Yonghe Co., Ltd. anticipates a net profit attributable to shareholders of 456 million to 476 million yuan for the first three quarters, a year-on-year increase of 211.59% to 225.25%, with an expected net profit of 185 million to 205 million yuan for the third quarter of 2025, representing a year-on-year increase of 447.64% to 506.85% [4]

Core Viewpoint - The company, Feng Assistant, announced a plan to issue shares to specific investors to raise up to 984 million yuan for various projects, including cloud terminal computing centers and IoT terminal upgrades, which are aligned with its business strategy and aim to enhance its core competitiveness and market share [1][3]. Group 1: Fundraising and Investment Projects - The total amount to be raised from the share issuance is capped at 984 million yuan, with net proceeds allocated to projects such as cloud terminal computing centers and IoT terminal upgrades [1]. - The issuance will involve no more than 35 specific investors, including the controlling shareholder, Luo Hongpeng, who plans to subscribe for at least 10% of the shares issued [1]. - The projects funded by this issuance are expected to improve the company's full-stack service capabilities and enhance synergy among its business segments [1]. Group 2: Financial Performance and Risks - As of June 30, 2025, the company's accounts receivable stood at 937.9 million yuan, reflecting a year-on-year increase of 36.25%, with a consistent rise in accounts receivable from 216.8 million yuan in 2020 to 774 million yuan in 2024 [2]. - The company has experienced negative cash flow from operating activities, with net cash flows of -52.18 million yuan in 2021, -121.1 million yuan in 2022, -228.9 million yuan in 2023, -137.5 million yuan in 2024, and -77.85 million yuan in the first half of 2025 [2][3]. - Despite a revenue increase of 33.83% to 983 million yuan in the first half of 2025, the company's gross margin has declined by 17.72% to 17.73%, continuing a downward trend over the past six years [3]. Group 3: Market Performance - As of September 30, the company's stock price increased by 6.01% to 37.76 yuan per share, with a total market capitalization of 10.78 billion yuan [4]. - Since the beginning of 2025, the company's stock has risen by 85.37% [4].