一、《公司章程》修订情况 证券代码：300442 证券简称：润泽科技 公告编号：2025-073 润泽智算科技集团股份有限公司 关于拟修改《公司章程》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。 润泽智算科技集团股份有限公司（简称"公司"）于 2025 年 12 月 8 日召开 第五届董事会第四次会议，审议通过了《关于拟修改<公司章程>的议案》。现 将相关事项公告如下： 特此公告。 根据《中华人民共和国公司法》《上市公司章程指引》等相关法律、法规、 规范性文件的规定，结合公司实际情况，公司拟对《润泽智算科技集团股份有限 公司章程》（简称"《公司章程》"》中的有关条款进行修订，并办理相关的工 商变更手续，具体如下： | 序号 | 条款 | 修订前内容 | 修订后内容 | | --- | --- | --- | --- | | | | 代表公司执行公司事务的董事或 | 代表公司执行公司事务的董事为 | | | | 者经理为公司的法定代表人。 | 公司的法定代表人。 | | | | 担任法定代表人的董事或者经理 | 担任法定代表人的董事辞任的，视 | | ...

证券代码：300442 证券简称：润泽科技 公告编号：2025-075 润泽智算科技集团股份有限公司 关于召开 2025 年第二次临时股东会的通知 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。 根据《中华人民共和国公司法》《深圳证券交易所创业板股票上市规则》《深 圳证券交易所上市公司自律监管指引第 2 号——创业板上市公司规范运作》等法 律、行政法规以及《润泽智算科技集团股份有限公司章程》（简称"《公司章程》"） 的相关规定，润泽智算科技集团股份有限公司（简称"公司"）第五届董事会第 四次会议审议通过了《关于召开 2025 年第二次临时股东会的议案》，决定于 2025 年 12 月 29 日以现场表决与网络投票相结合的方式召开公司 2025 年第二次临时 股东会（简称"本次会议"或"本次股东会"），现将本次股东会有关事项通知 如下： 一、召开会议的基本情况 1、股东会届次：2025 年第二次临时股东会 2、会议召集人：公司董事会 3、会议召开的合法、合规性：本次会议的召开已经公司第五届董事会第四 次会议审议通过，召集程序符合有关法律、行政法规、部门规章、规范 ...

证券代码：300442 证券简称：润泽科技 公告编号：2025-066 润泽智算科技集团股份有限公司 第五届董事会第四次会议决议公告 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、董事会会议召开情况 2025 年 12 月 8 日，润泽智算科技集团股份有限公司（简称"公司"）第五 届董事会通过现场和通讯相结合的方式召开了第四次会议，根据《润泽智算科技 集团股份有限公司章程》（简称"《公司章程》"）的规定，本次董事会会议通 知已于 2025 年 12 月 5 日发出。 本次会议由董事长周超男主持。会议召集和召开程序符合《中华人民共和国 公司法》（简称"《公司法》"）等法律、行政法规和《公司章程》的规定。 二、董事会会议审议情况 （一）审议通过了《关于 2026 年度日常关联交易预计的议案》 根据公司业务发展及日常经营的需要，公司及下属各子（孙）公司预计 2026 年度将与映山红酒店管理有限公司等关联方发生日常关联交易不超过 7,300.00 万元。 经审议，董事会认为公司 2026 年度预计与关联方发生的日常关联交易事项， 为公司业务发展及生产经营的正常需 ...

Core Viewpoint - The communication services sector experienced a decline of 0.23% on December 10, with online and offline services leading the drop, while the Shanghai Composite Index closed at 3900.5, also down by 0.23% [1]. Group 1: Market Performance - The Shenzhen Component Index rose by 0.29%, closing at 13316.42 [1]. - The communication services sector saw significant individual stock movements, with notable gainers including ChaoXun Communication (up 2.96% to 53.21) and GuangMai Technology (up 2.07% to 20.74) [1]. Group 2: Trading Volume and Value - ChaoXun Communication had a trading volume of 187,200 shares, with a transaction value of 983 million yuan [1]. - The total net outflow of main funds in the communication services sector was 532 million yuan, while retail investors saw a net inflow of 528 million yuan [2]. Group 3: Individual Stock Fund Flow - Sanwei Communication had a main fund net inflow of 39.22 million yuan, but also saw a net outflow from retail investors of 19.34 million yuan [3]. - Puyuan Technology experienced a main fund net inflow of 35.35 million yuan, with a significant net outflow from retail investors of 34.54 million yuan [3].

Core Viewpoint - The market is experiencing consolidation, with A-shares mainly in the red, while the "Double Innovation Leading" ETF (588330) is showing resilience, rising over 1.8% intraday and currently up 0.96%, indicating strong technical momentum and active trading with a transaction volume exceeding 71 million yuan [1]. Group 1: ETF Performance - The "Double Innovation Leading" ETF has shown a cumulative increase of 89.28% since its low on April 8, significantly outperforming major indices such as the ChiNext Index (76.53%), the Sci-Tech Innovation Index (54.39%), and the Sci-Tech 50 Index (46.16%) [5][6]. - The ETF is currently positioned above all moving averages, indicating strong upward momentum [1]. Group 2: Key Stocks Performance - Leading stocks within the ETF include Shenghong Technology, which surged by 8.15%, and major players in the optical module sector such as Zhongji Xuchuang and Xinye Sheng, which rose by 6.24% and 3.37% respectively [3]. - AI chip leader Cambricon Technologies saw a nearly 1% increase, surpassing Kweichow Moutai to become the highest-valued stock in A-shares [3]. Group 3: Market Trends and Insights - The demand for computing power is surging, leading to a supply gap in the optical module industry, with a significant increase in demand for 800G/1.6T optical modules associated with the H200 chip [4]. - Analysts predict that the optical module sector will benefit from the release of the H200 chip, which is expected to drive growth in shipment volumes and enhance product pricing due to technological upgrades [4]. - The "new quality productivity" sector is anticipated to experience substantial growth driven by technological breakthroughs, policy support, and commercial implementation, particularly in TMT and advanced manufacturing sectors [4].

Group 1 - The communication equipment sector continues to gain momentum, with the ChiNext 50 ETF (159367) rising by 1.87%, and individual stocks such as Runze Technology increasing over 6%, Zhongji Xuchuang over 5%, and Xinyi Sheng over 4% [1] - Looking ahead to 2026, the communication industry is expected to benefit from multiple catalysts, including the mass production of NVIDIA's next-generation GPUs. The demand for optical modules is increasing with the rollout of 800G and the accelerated introduction of 1.6T technology, leading to a growing supply-demand gap for optical chips due to high barriers to entry [1] - The advent of AI smartphones is anticipated to drive a new cycle of smartphone intelligence, while the initiation of 6G research by telecom operators will accelerate revenue growth from computing power [1] Group 2 - The ChiNext 50 Index selects the top 50 stocks from the ChiNext Index based on market capitalization and liquidity, representing large-cap companies with strong growth potential. The index focuses on industries such as batteries, securities, and communication equipment, reflecting the themes of "three innovations (innovation, creation, creativity) and four new (new technologies, new industries, new business formats, new models)" [1] - The ChiNext 50 ETF (159367) has two core advantages: a 20% price fluctuation limit, providing stronger trading flexibility compared to traditional broad-based indices, and a management fee of 0.15% along with a custody fee of 0.05%, which are among the lowest in its category, effectively reducing investment costs [1]

Group 1 - The CPO concept has strengthened again, with significant stock price increases for companies like Zhongji Xuchuang (up 7.24%) and Xinyi Sheng (up over 5%) [1] - The cloud computing ETF (159890) saw a rise of over 2% during trading, with constituent stocks such as Aofei Data and Guanghuan Xinwang increasing by over 6% and 5% respectively [1] - The market is driven by expectations of increased demand for AI computing hardware, particularly optical modules, due to upgrades in Google's large models and anticipated growth in TPU production [2][3] Group 2 - First Shanghai Securities notes a continued tight supply-demand balance in the module industry, driven by Nvidia's GB300 server shipments and the unexpected progress of the VR200 server [3] - The demand for 1.6T optical modules is expected to exceed 25 million units by 2026, with 800G expected to surpass 55 million units, indicating exponential growth in communication needs as computing moves towards large clusters [3] - The cloud computing ETF tracks the CSI Cloud Computing and Big Data Theme Index, covering leading companies in optical modules, electronic terminals, and software development, indicating a comprehensive layout from AI infrastructure to applications [3]

具体来说，机构分析认为，模块产业的供需格局持续紧张，主要源于Nvidia GB300服务器出货以及 VR200服务器进展超预期，VR架构下单芯片光模块配比从GB架构下的1：2.5倍增至1：5.此外，谷歌 TPU需求持续上修，带动1.6T光模块需求攀升。 乐观预期情况下，2026年1.6T光模块的出货超过2,500万只，800G预期出货超过5,500万只。未来，随着 算力往大集群发展，通信的需求将出现指数级增长，带动光通信行业的在AI时代景气度的持续性超预 期，龙头厂商在当前阶段凭借技术创新，产业链保供，以及下一代技术预研，有望形成强者恒强的格 局。（以上资料来源：第一上海） 根据中证指数官网数据，云计算ETF（159890）跟踪中证云计算与大数据主题指数，前十大成份股覆盖 中际旭创、新易盛两大光模块龙头，中科曙光、浪潮信息等电子终端及组件龙头，以及科大讯飞、金山 办公等软件开发龙头等，从上游AI基建到下游AI应用均有布局，或为AI大时代一站式解决方案。 12月9日，CPO概念再度走强。中际旭创大涨7.24%，新易盛涨超5%，光模块双雄含量超30%的云计算 ETF（159890）盘中涨超2%，成份股奥飞数据、光 ...

Group 1 - A-shares experienced a low opening but rallied, with the ChiNext Index rising over 1%, driven by gains in the CPO sector and short-term increases in AI mobile phone stocks [1] - The "Feishu AI Efficiency Pioneer National Competition" finals showcased AI applications in real business scenarios across various industries, highlighting the ease of use of AI tools for non-programmers [1] - The software industry plays a crucial role in the AI industry chain, providing essential technology support and application implementation in both the midstream technology layer and downstream application layer [1] Group 2 - GF Securities analysis indicates that tech giants will continue to increase investments in computing power infrastructure due to clearer monetization paths for AI, maintaining an optimistic capital expenditure outlook [2] - Domestic foundational software has achieved key technological breakthroughs in multi-modal large models and development frameworks, promoting a collaborative development across the entire AI value chain from chips to applications [2] - The overall industry chain's prosperity is expected to continue improving due to dual supply and demand drivers, enhancing the outlook for both computing hardware and software services [2]

截至2025年12月9日 09:33，中证人工智能主题指数(930713)成分股方面涨跌互现，润泽科技(300442)领 涨8.04%，光环新网(300383)上涨5.04%，浪潮信息(000977)上涨4.83%；芯原股份(688521)领跌。AI人工 智能ETF(512930)多空胶着，最新报价2.15元。 消息面上，智普AI宣布开源Open-AutoGLM框架和AutoGLM-Phone-9B核心模型，它标志着大模型竞赛 已经跨过"能说会道"的LLM（大型语言模型）思辨阶段，正式迈入"能做能行"的Agent（智能体）行动 时代。AutoGLM与豆包手机的技术路线不同，但都是让AI模拟人去操作手机，完成比如：京东购物、 微信发消息等操作。此次开源意味着硬件厂商、手机厂商和开发者均可基于AutoGLM，在自己的设备 或系统中复现一个能"看懂"屏幕、并模拟真人进行点击、输入、滑动的AI助手。目前，AutoGLM已支 持微信、淘宝、抖音、美团等超过50个高频中文应用的核心场景。 数据来源：wind 华泰证券指出，2025年电子行业在AI链引领创新以及下游终端需求整体持续复苏的带动下持续上行， 同时2H25开始存 ...