计算机/IT 服务Ⅱ 紫光股份（000938.SZ） 业绩表现亮眼，算网结合深度受益国产集群发展 2025 年 09 月 02 日 投资评级：买入（维持） 《营收加速增长，多元化算力供给， 深耕政企市场—公司信息更新报告》 -2025.4.30 jiangying@kysec.cn 蒋颖（分析师） 雷星宇（联系人） leixingyu@kysec.cn 证书编号：S0790124040002 业绩表现亮眼，深度受益于国产集群发展，维持"买入"评级 | 日期 | 2025/9/1 | | --- | --- | | 当前股价(元) | 29.09 | | 一年最高最低(元) | 34.35/18.00 | | 总市值(亿元) | 832.00 | | 流通市值(亿元) | 832.00 | | 总股本(亿股) | 28.60 | | 流通股本(亿股) | 28.60 | | 近 3 个月换手率(%) | 144.66 | 股价走势图 数据来源：聚源 -20% 0% 20% 40% 60% 80% 2024-09 2025-01 2025-05 紫光股份 沪深300 相关研究报告 公司发布 2025 年半年度报， ...

Core Viewpoint - The collaboration between Kehua Data, Biran Technology, and Digital China aims to create an integrated ecosystem of "chip-server-data center-computing power services" to enhance the domestic high-performance computing industry [1] Group 1: Partnership Details - On August 20, Kehua Data, Biran Technology, and Digital China signed an ecological cooperation agreement at the Shanghai Kezhong Data Center [1] - The partnership will leverage the strengths of domestic high-performance GPU chips, intelligent servers, and data center infrastructure [1] Group 2: Strategic Focus - The collaboration will focus on promoting the large-scale development of domestic computing power clusters [1] - The initiative will be driven by a dual approach of "technological independence + infrastructure support" to accelerate ecological collaboration and resource integration across the high-performance computing industry [1]