SHUNHO STOCK(SZ:002565) 智通财经网·2025-12-02 10:03Core Viewpoint - The stock of Shunhao Co., Ltd. (002565.SZ) experienced an abnormal trading fluctuation, with a cumulative closing price increase exceeding 20% over two consecutive trading days on December 1 and 2, 2025 [1] Company Summary - Shunhao Co., Ltd. invested 110 million RMB in Beijing Rail Chuang Technology Co., Ltd. (referred to as "Rail Chuang") in June 2025, acquiring a 19.30% stake [1] - Rail Chuang's primary business involves launching computing power satellites into the dawn-dusk orbit to establish a space data center, providing computing power services to clients [1] - The business scope of Rail Chuang includes satellite technology integration, satellite navigation services, satellite mobile communication terminal manufacturing, and sales [1] Industry Summary - There is currently no synergy between Shunhao's existing business and Rail Chuang's operations [1] - Rail Chuang's business is subject to risks from macroeconomic factors, industry policies, and market environment changes, with potential long industrialization and commercialization cycles [1] - Rail Chuang's "Tianshu Tiansuan" business may have clear commercial value within the next five years, while the "Dishu Tiansuan" business could gradually gain competitive advantages against ground data centers over the next 5-10 years [1]