Core Viewpoint - Nova Star Cloud (301589.SZ) announced that as of August 31, 2025, the company has not yet implemented the current share repurchase plan [1] Group 1 - The company has not executed its share repurchase plan as of the specified date [1]

关于第三期回购公司股份进展的公告 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。 西安诺瓦星云科技股份有限公司（以下简称"公司"）于 2025 年 8 月 1 日 召开第三届董事会第五次会议，并于 2025 年 8 月 18 日召开 2025 年第三次临时 股东会，分别审议通过了《关于第三期回购公司股份方案的议案》，同意公司使 用部分超募资金及自有资金以集中竞价方式回购公司部分 A 股股票，用于股权 激励、员工持股计划或可转换公司债券转股。本次回购资金总额不低于人民币 7,500 万元（含本数），且不超过人民币 15,000 万元（含本数），其中超募资金 使用不超过 12,500 万元（含本数），回购价格不超过 215.00 元/股（含本数）。 按照回购价格上限和回购金额下限测算，预计可回购股份数量为 348,838 股，约 占公司目前已发行总股本的 0.38%；按照回购价格上限和回购金额上限测算，预 计可回购股份为 697,674 股，约占公司目前已发行总股本的 0.75%，具体回购股 份数量以回购实施完成时实际回购的股份数量为准。本次回购的实施期限为自公 ...

Market Overview - The computer equipment sector experienced a decline of 2.65% on September 3, with Xuanji Information leading the drop [1] - The Shanghai Composite Index closed at 3813.56, down 1.16%, while the Shenzhen Component Index closed at 12472.0, down 0.65% [1] Stock Performance - Key stocks in the computer equipment sector showed varied performance, with Kaiwang Technology rising by 6.45% to a closing price of 39.76 [1] - Other notable performers included Shuguang Digital Innovation, which increased by 2.18% to 84.90, and Allianz Ruishi, which rose by 2.11% to 40.70 [1] - Conversely, stocks like Tangyuan Electric and ST Yingfeitou saw declines of 0.45% and 0.00%, respectively [1] Capital Flow - The computer equipment sector saw a net outflow of 2.753 billion yuan from main funds, while retail investors contributed a net inflow of 2.553 billion yuan [3] - Speculative funds recorded a net inflow of 200 million yuan into the sector [3]

证券日报网讯诺瓦星云（301589）8月29日在互动平台回答投资者提问时表示，股价受多重因素影响， 并不总能客观反映公司的经营业绩和实际价值，具有不确定性。未来公司将持续聚焦主业，坚持稳健经 营，努力提升业绩，加强市值管理，提升公司价值，以实际行动积极回报投资者。 ...

Group 1 - The report indicates that Minsheng Securities has effectively reviewed the information disclosure documents of Anhui Wanbang Pharmaceutical Technology Co., Ltd. with no instances of delayed reviews [1] - The company has established and effectively executed relevant regulations, including those to prevent related parties from occupying company resources and managing raised funds [1] - Minsheng Securities conducted monthly checks on the company's fundraising special accounts and confirmed that the progress of fundraising projects aligns with the disclosed information [1] Group 2 - The report states that there were no significant issues identified during the review process, and no measures were required to address any problems [1] - The company and its shareholders have fulfilled their commitments, with no reasons for non-compliance reported [2] - Training was conducted once on April 9, 2025, focusing on disclosure standards [1]

登录新浪财经APP 搜索【信披】查看更多考评等级 回购价格上限调整依据及情况 根据公司回购股份方案，在本次回购期内若公司实施派息等除权除息事项，自股价除权除息之日起，需 相应调整回购价格上限。 公司本次回购股份价格上限由不超过215.00元/股（含本数）调整至不超过 214.45元/股（含本数）。计算过程为：调整后的回购股份价格上限 = 调整前的每股回购价格上限 - 按公 司总股本折算每股现金分红 = 215.00元/股 - 0.5488153元/股 = 214.45元/股（四舍五入，保留小数点后两 位） 。除以上调整外，公司回购股份的其他事项均无变化。公司将在回购期间根据有关规定及时履行 信息披露义务，提醒投资者注意投资风险。 声明：市场有风险，投资需谨慎。 本文为AI大模型基于第三方数据库自动发布，任何在本文出现的信 息（包括但不限于个股、评论、预测、图表、指标、理论、任何形式的表述等）均只作为参考，不构成 个人投资建议。受限于第三方数据库质量等问题，我们无法对数据的真实性及完整性进行分辨或核验， 因此本文内容可能出现不准确、不完整、误导性的内容或信息，具体以公司公告为准。如有疑问，请联 系biz@sta ...

证券代码：301589 证券简称：诺瓦星云 公告编号：2025-071 西安诺瓦星云科技股份有限公司 2025 年半年度权益分派实施公告 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。 特别提示： 1. 截至本公告披露日，西安诺瓦星云科技股份有限公司（以下简称"公司" 或"本公司"）回购专用证券账户中的公司股份 1,846,431 股不参与本次权益分 派。公司 2025 年半年度权益分派方案为：以公司现有总股本剔除已回购股份 1,846,431 股后的 90,601,569 股为基数，向全体股东每 10 股派发现金 5.60 元（含 税），不送红股，不以资本公积金转增股本。 本次权益分派实施后的除权除息参考价格=权益分派股权登记日收盘价-按 总股本折算每股现金红利=权益分派股权登记日收盘价-0.5488153 元/股。 公司于 2025 年 8 月 21 日召开第三届董事会第六次会议，审议通过了《关于 2025 年半年度利润分配预案的议案》，根据公司 2024 年年度股东大会审议通过 的《关于 2024 年度利润分配预案及 2025 年中期现金分红授权安排的议 ...

2. 调整后回购股份价格上限：214.45 元/股 西安诺瓦星云科技股份有限公司 3. 回购股份价格上限调整生效日期：2025 年 9 月 1 日（权益分派除权除息 日） 证券代码：301589 证券简称：诺瓦星云 公告编号：2025-072 关于 2025 年半年度权益分派实施后调整第三期回购股份 价格上限的公告 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。 特别提示： 1. 调整前回购股份价格上限：215.00 元/股 本次权益分派实施后的除权除息参考价格=权益分派股权登记日收盘价-按 总股本折算每股现金红利=权益分派股权登记日收盘价-0.5488153 元/股。本次权 益分派股权登记日为 2025 年 8 月 29 日，除权除息日为 2025 年 9 月 1 日。 三、本次回购股份价格上限的调整情况 公司本次回购股份价格上限由不超过人民币 215.00 元/股（含本数）调整至 不超过人民币 214.45 元/股（含本数）。具体计算过程：调整后的回购股份价格 上限=调整前的每股回购价格上限-按公司总股本折算每股现金分红=215.00 元/ 股-0.548 ...

Core Viewpoint - Nova Star Cloud's stock price has surged by 9.95% over two days, driven by its latest mid-term performance report and dividend plan, showing strong growth potential in the LED display market [2] Financial Performance - In the first half of 2025, Nova Star Cloud achieved revenue of 1.533 billion yuan and a net profit of 294 million yuan, with a proposed cash dividend of 50.736 million yuan [2] - The company reported a revenue of 1.182 billion yuan from the domestic market, a decrease of 7.20% year-on-year, while overseas revenue reached 351 million yuan, an increase of 21.31% [4] Market Growth - The global LED display market is projected to grow from $6.093 billion in 2021 to $8.176 billion in 2023, with an expected CAGR of 13.78% from 2021 to 2026 [3] - Nova Star Cloud's revenue is forecasted to grow from 1.584 billion yuan in 2021 to 3.280 billion yuan in 2024, with net profits increasing from 212 million yuan to 593 million yuan during the same period [3] Global Expansion - The company has established a global layout centered around Xi'an, Beijing, and Shenzhen, effectively covering major domestic cities and key overseas regions, serving over 4,000 clients globally [5] R&D and Innovation - Nova Star Cloud maintains a strong focus on R&D, with expenses projected at 319 million yuan, 442 million yuan, and 540 million yuan from 2022 to 2024, representing 14.67%, 14.47%, and 16.46% of revenue respectively [6] - The company holds 1,222 domestic patents and 34 international patents, showcasing its technological leadership in the industry [7] MLED Technology Development - The company is actively developing MLED technology, which is expected to drive significant market growth, with the global MLED penetration rate projected to rise from 5% to 10% by 2027 [14] - MLED technology is anticipated to expand its application from outdoor to indoor markets, with new products like conference all-in-one machines and transparent screens emerging [12][14] Industry Trends - The COB technology is becoming a key direction for small-pitch LED displays, with domestic manufacturers increasingly focusing on this technology to enhance pixel density and reduce costs [12][13] - The ultra-high-definition video industry is transitioning from 2K to 4K, with significant potential for 8K and 16K developments, indicating a growing demand for advanced display technologies [15]

Core Viewpoint - The company reported a decline in revenue and net profit for the first half of 2025, but showed growth in overseas markets and improved cash flow management [1][2]. Group 1: Financial Performance - In 1H2025, the company achieved revenue of 1.533 billion, a year-on-year decrease of 1.93%, and a net profit attributable to shareholders of 294 million, down 9.33% [1]. - In 2Q2025, revenue reached 912 million, reflecting a year-on-year growth of 3.41%, while net profit was 192 million, a decline of 4.95% [1]. - Domestic revenue fell by 8.60%, while overseas revenue grew by 21.40%, indicating a shift in market dynamics [1]. Group 2: Cash Flow and Receivables - As of mid-2025, accounts receivable increased by 25 million compared to the beginning of the year, but this represented a year-on-year decrease of 35.9% [1]. - The net operating cash flow reached 155 million, showing a significant year-on-year increase of 327.9%, indicating improved cash collection and operational quality [1]. Group 3: Product and Market Development - The company launched high-end products, including the "PWM+PAM hybrid drive chip" as part of the Infinity ultra-high-definition MLED solution, and upgraded the VX series 4K dual-use video control server [2]. - The average selling prices of LED display control systems and video processing equipment increased by 7.6% and 14.8% respectively, contributing to a rise in gross margins of 2.65 percentage points and 2.33 percentage points [2]. - The gross margin for domestic sales was 54.49%, while for overseas sales it was 74.16%, with overseas revenue growth outpacing domestic [2]. Group 4: Future Outlook - The company is positioned to leverage its strengths in the MLED video image control sector and aims to accelerate the release of high-margin products while exploring the full value chain of MLED detection equipment and chips [2]. - Revenue projections for 2025-2027 are 3.720 billion, 4.490 billion, and 5.550 billion, with net profits of 684 million, 880 million, and 1.192 billion respectively, corresponding to PE ratios of 24x, 18x, and 14x [2].