Core Viewpoint - The article discusses the recent surge in A-share computing power concept stocks, driven by significant capital expenditures from major domestic companies and the rapid development of AI technology, indicating a potential turning point for the data center sector [2][4][9]. Group 1: Market Movements - Afternoon trading saw notable movements in computing power concept stocks, with Data Port and Ronglian Technology hitting the daily limit, while Yitian Intelligent and Huichen shares also saw significant increases [2][6]. - By the end of trading, Yitian Intelligent rose by 11.02%, Ronglian Technology reached the daily limit, and Huichen shares increased by 7%, with several other stocks also showing gains of over 5% [6]. Group 2: Capital Expenditure Insights - Market rumors suggest that a major company's substantial capital expenditure guidance (up to 2030) is a key factor behind the stock price increases of related companies [4]. - In Q2 of this year, Tencent and Alibaba reported capital expenditure growth of 119% and 220%, respectively, with Alibaba investing over 100 billion yuan in AI infrastructure and products over the past four quarters, aiming for a total of 380 billion yuan in capital expenditures over three years [4]. Group 3: Industry Trends - Analysts believe that the data center sector is on the verge of a breakout, similar to the previous surge in the liquid cooling sector, with AI technology reshaping the industry landscape [6][9]. - The AI cloud market in China is projected to reach 22.3 billion yuan by the first half of 2025, supported by favorable policies aimed at avoiding redundant construction in the sector [7]. Group 4: Future Outlook - Tianfeng Securities indicates that AI development is driving upgrades in data centers, with increasing power demands and larger-scale deployments expected [9]. - The capital expenditure (CAPEX) of major overseas cloud providers like Microsoft, Amazon, Google, and Meta is showing strong growth, with projected compound annual growth rates (CAGR) of 33.74% to 26.13% from 2021 to 2024 [9]. - Domestic internet giants are also ramping up AI investments, with Tencent's capital expenditure expected to reach 96.05 billion yuan in 2024, reflecting a year-on-year growth of 102.6% [9]. Group 5: Regulatory Environment - The introduction of IDC industry policies is expected to support healthy and orderly development in the sector, with initiatives like "East Data West Calculation" providing clear directions for the scaling and intensive development of data centers [10].

Group 1 - The core viewpoint of the news is that Hongjing Technology has experienced a significant stock price increase, with a 10.25% rise over three consecutive days, reaching a price of 78.75 yuan per share and a market capitalization of 12.09 billion yuan [1] - Hongjing Technology, established on March 7, 1997, and listed on November 11, 2022, focuses on providing smart city solutions in three main areas: smart healthcare, smart education, and smart community management, with 91.28% of its revenue coming from computing services and 8.72% from smart city business [1] - The stock turnover rate for Hongjing Technology is reported at 14.80%, with a trading volume of 836 million yuan [1] Group 2 - According to data, GF Fund's Guangfa Technology Innovation Mixed A Fund (008638) has entered the top ten circulating shareholders of Hongjing Technology, holding 2.5579 million shares, which is 3.36% of the circulating shares [2] - The fund has gained approximately 9.59 million yuan in floating profit today and 17.83 million yuan during the three-day stock price increase [2] - Guangfa Technology Innovation Mixed A Fund has achieved a year-to-date return of 51.91% and a one-year return of 99.24%, ranking 749th out of 8246 and 499th out of 8054 in its category, respectively [2]

北京市中伦（广州）律师事务所 关于宏景科技股份有限公司 2025 年第四次临时股东会之 广东省广州市天河区珠江新城华夏路 10 号富力中心 23 楼整层及 31 楼 01、04 单元 邮编：510623 23/F, Units 01 & 04 of 31/F, R&F Center, 10 Huaxia Road, Zhujiang New Town, Tianhe District Guangzhou, Guangdong 510623, P. R. China 电话/Tel : +86 20 2826 1688 传真/Fax : +86 20 2826 1666 www.zhonglun.com 北京市中伦（广州）律师事务所 关于宏景科技股份有限公司 2025 年第四次临时股东会之法律意见书 致：宏景科技股份有限公司 北京市中伦（广州）律师事务所（以下简称"本所"）受宏景科技股份有限 公司（以下简称"公司"）委托，指派程俊鸽律师、张梦麟律师（以下简称"本 所律师"）出席公司 2025 年第四次临时股东会（以下简称"本次股东会"）。 本所律师根据《中华人民共和国公司法》（以下简称"《公司法》"）、《中华 人 ...

1、本次股东会没有出现否决议案的情况； 2、本次会议不涉及变更以往股东会已通过的决议的情况。 证券代码：301396 证券简称：宏景科技 公告编号：2025-079 宏景科技股份有限公司 2025 年第四次临时股东会决议公告 本公司及董事会全体成员保证公告内容真实、准确和完整，没有虚假记 载、误导性陈述或重大遗漏。 特别提示： 一、会议召开及出席情况 （一）会议召开情况 1、会议召开时间： （1）现场会议召开时间：2025年9月12日（星期五）15:00 （2）网络投票时间：2025年9月12日。其中，通过深圳证券交易所交易系统 进行网络投票的具体时间为：2025年9月12日上午9:15-9:25、9:30-11:30，下午 13:00-15:00；通过深圳证券交易所互联网投票系统投票的具体时间为：2025年9 月12日9:15-15:00期间的任意时间。 2、会议召开地点：广州市黄埔区映日路111号8楼会议室 3、会议召开方式：本次股东会采用现场投票与网络投票相结合的方式 4、会议召集人：公司董事会 5、会议主持人：董事长欧阳华 6、本次会议的召集、召开符合《公司法》《证券法》《深圳证券交易所创 业板股票上 ...

Group 1 - The cloud computing concept stocks in the A-share market have collectively strengthened, with notable gains in several companies [1] - Yihualu saw an increase of over 12%, while other companies like TeFa Information, Kehua Data, and Runjian Co. reached the daily limit of 10% [1] - Other companies such as Kaipu Cloud, Zhongke Shuguang, and Data Port also experienced significant gains, with increases ranging from 6% to 8% [1] Group 2 - Yihualu's market capitalization is 17.8 billion, with a year-to-date increase of 5.77% [2] - TeFa Information has a market capitalization of 10.4 billion and a remarkable year-to-date increase of 100.52% [2] - Kehua Data's market capitalization stands at 35.6 billion, with a year-to-date increase of 139.33% [2] - Runjian Co. has a market capitalization of 14.9 billion and a year-to-date increase of 56.31% [2] - Kaipu Cloud's market capitalization is 10.3 billion, with an impressive year-to-date increase of 244.61% [2] - Zhongke Shuguang has a market capitalization of 144.1 billion and a year-to-date increase of 36.76% [2] - Data Port's market capitalization is 25.7 billion, with a year-to-date increase of 90.13% [2] - Other companies like Ronglian Technology, Yidian Tianxia, and Jiahua Technology also reported year-to-date increases ranging from 19.16% to 291.95% [2]

Market Performance - On September 11, the medical information technology sector rose by 2.45% compared to the previous trading day, with Jiechuang Intelligent leading the gains [1] - The Shanghai Composite Index closed at 3875.31, up 1.65%, while the Shenzhen Component Index closed at 12979.89, up 3.36% [1] Stock Performance - Jiechuang Intelligent (301248) closed at 29.80, with a gain of 11.28% and a trading volume of 353,600 shares, amounting to a transaction value of 1.071 billion [1] - Other notable performers included: - Tuo Wei Information (002261) at 37.25, up 5.91% with a transaction value of 575.4 million [1] - Electric Science Digital (600850) at 28.65, up 5.88% with a transaction value of 79.56 million [1] - Hongjing Technology (301396) at 74.64, up 5.65% with a transaction value of 1.26 billion [1] Capital Flow - The medical information technology sector saw a net inflow of 728 million from institutional investors, while retail investors experienced a net outflow of 204 million [2][3] - The capital flow for key stocks included: - Tuo Wei Information with a net inflow of 389 million from institutional investors [3] - Yongyou Network (600588) with a net inflow of 170 million from institutional investors [3] - Runhe Software (300339) with a net inflow of 158 million from institutional investors [3]

Group 1 - The core viewpoint of the news is that Hongjing Technology's stock has experienced a decline of 5.03%, with a current price of 67.62 yuan per share and a total market capitalization of 10.381 billion yuan [1] - Hongjing Technology, established on March 7, 1997, and listed on November 11, 2022, focuses on providing smart city solutions in three main areas: smart healthcare, smart education, and smart community management [1] - The company's revenue composition shows that computing power services account for 91.28% of its income, while smart city business contributes 8.72% [1] Group 2 - Yongying Fund's digital economy mixed fund (018122) has increased its holdings in Hongjing Technology by 1.8504 million shares, now holding a total of 2.7098 million shares, representing 3.56% of the circulating shares [2] - The fund has reported a floating loss of approximately 9.7009 million yuan as of the current day [2] - The fund was established on April 10, 2023, with a current size of 235 million yuan, achieving a year-to-date return of 49.07% and a one-year return of 136.98% [2] Group 3 - The fund manager of Yongying Digital Economy Mixed Fund is Wang Wenlong, who has been in the position for 2 years and 154 days [3] - The total asset size of the fund is 2.1 billion yuan, with the best return during Wang's tenure being 34.72% and the worst being -6.65% [3] Group 4 - Yongying Digital Economy Mixed Fund has Hongjing Technology as its fourth-largest holding, with 8.13% of the fund's net value allocated to this stock [4] - The fund has also reported a floating loss of approximately 9.7009 million yuan related to its investment in Hongjing Technology [4]

本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 宏景科技股份有限公司（以下简称"公司"）于2025年7月22日在巨潮资讯网 （http://www.cninfo.com.cn/）披露了《关于公司董事、高级管理人员减持股份预 披露公告》（公告编号：2025-045）。公司持股5%以上股东、董事、总经理林 山驰持有公司股份9,519,794股（占公司总股本的6.20%），计划于本减持计划预 披露公告之日起15个交易日后的3个月内通过大宗交易、集中竞价方式减持公司 股份不超过1,535,000股（不超过公司总股本的1.00%）。 近日，公司收到林山驰先生出具的《关于减持股份触及1%整数倍的告知函》， 获悉林山驰先生于2025年8月29日至9月5日通过集中竞价交易方式合计减持公司 股份308,800股，持有的公司股份比例由6.20%下降至6.00%，权益变动比例触及 1%的整数倍。现将相关情况公告如下： | 1、基本情况 | | | | --- | --- | --- | | 信息披露义务人 | | 林山驰 | | 住所 | | 广东省广州市 | | 权益变动时间 | ...

Core Viewpoint - Hongjing Technology announced the appointment of senior management personnel during the 11th meeting of its fourth board of directors [2] Group 1 - The board of directors approved the proposal regarding the appointment of senior management [2]

Group 1 - The company, Hongjing Technology, announced the convening of its third extraordinary general meeting of shareholders for 2025 on September 4, 2025 [2] - The meeting approved multiple proposals, including the mid-term profit distribution plan for 2025 [2]