并行科技：公司自有GPU算力资源利用率在85%-90%区间 智通财经7月29日电，并行科技(839493)公告称，并行科技在投资者关系活动中介绍了公司算力资源建 设运营合作模式，包括外购模式和共建模式。在国产算力资源使用方面，公司通过测试验证推广服务一 体化平台接入多种类型的国产芯片算力资源，并提供相关技术服务。公司自有GPU算力资源利用率在 85%-90%区间。此外，公司还透露与阿里云的战略合作内容，包括共建国产算力中心、共营公共云专区 和共推行业大模型。 ...

新京报贝壳财经讯（记者黄鑫宇）今年春节期间DeepSeek推出的DeepSeek-V3及推理版本 R1火爆出 圈，其以仅600万美元的训练成本达到与OpenAI媲美的性能，成本优势显著。在此带动下，A股市场算 力板块大幅飙升。被称为"北交所算力服务第一股"的并行科技（即北京并行科技股份有限公司； 839493.BJ），在2月中更是创下10个交易日里涨幅接近4倍的纪录。 半年报显示，2025年5月27日，并行科技与阿里云在北京正式签署框架合作协议，双方将围绕国产算力 中心共建、公共云算力生态打造、大模型行业应用落地三大方向展开深度合作，联合推动国产化算力基 础设施创新与人工智能技术在科研、教育及产业场景的规模化落地，共同探索算力普惠与AI协同的新 生态。 公开资料显示，并行科技成立于2007年，于2023年11月登陆北交所，是全A股市场中首家提供专业算力 服务的上市公司。今年一季度，并行科技实现营业收入1.98亿元，同比增长51.68%；实现归母净利润约 为359.40万元，同比增长43.77%。 另一方面，半年报显示，截至2025年6月末，并行科技的资产负债率（合并）为78.37%，较上年同期的 69.56% ...

Core Viewpoint - The 2025 World Artificial Intelligence Conference (WAIC2025) highlighted the importance of user-centric computing power services and the mismatch in the current market for computing power [1] Group 1: Industry Insights - The chairman of Parallel Technology, Chen Jian, emphasized that having computing power does not guarantee sales, indicating a significant mismatch in the market [1] - Parallel Technology differentiates between computing power services and computing power leasing, with the former focusing on business needs rather than the specifics of computing power [1] - The long-term goal of Parallel Technology is to provide on-demand computing power, ensuring users do not need to consider the location of the computing resources when they require them [1]

Core Insights - The company, Parallel Technology, reported significant growth in its 2025 semi-annual report, with operating revenue reaching 458 million yuan, a year-on-year increase of 69.3% [1] - The net profit attributable to shareholders was 5.08 million yuan, up 20% year-on-year, while the net profit after deducting non-recurring gains and losses was 4.51 million yuan, reflecting a 19.5% increase [1] - The basic earnings per share were 0.09 yuan, representing a year-on-year growth of 28.57%, and the net operating cash flow was 39.26 million yuan, up 323% [1] Business Development - The company focuses on computing power services as its core business, deepening collaborations with various computing resource providers, including national supercomputing centers and telecom operators [2] - It aims to expand its computing resource pool through joint cluster construction, providing secure, user-friendly, and cost-effective supercomputing cloud services to support China's scientific research [2] - The company enhances its infrastructure design and implementation capabilities for large-scale training scenarios, optimizing support library components to deliver high-performance computing power [2] Strategic Partnerships - On May 27, the company signed a framework cooperation agreement with Alibaba Cloud to jointly develop domestic computing power centers and create a public cloud computing ecosystem [3] - The collaboration focuses on the large-scale application of AI technologies in research, education, and industry, exploring new ecosystems for computing power accessibility and AI synergy [3] - The company also integrated the Zhiyu open-source GLM-Z1 series inference models into its MGaS platform to provide more efficient intelligent solutions [3] Asset Acquisition - The company announced plans to purchase AI computing power servers, storage, and switch equipment from Shandong Zhengyun Information Technology Co., Ltd., with a total procurement amount not exceeding 71.5 million yuan [4] - The acquisition is aimed at expanding the company's self-owned computing resource pool, with the equipment being essential for normal production operations [4]

Core Viewpoint - Jinlong Co., Ltd. is shifting its focus from traditional brokerage business to computing power services, driven by continuous losses and debt pressure, with plans to acquire a 29.31% stake in Shenzhen Benmao Technology Co., Ltd. to facilitate this transition [2][3][4]. Group 1: Financial Performance - Jinlong Co., Ltd. has reported losses for four consecutive years, with total losses exceeding 900 million yuan from 2021 to 2024, including losses of 1.31 billion yuan in 2021, 3.92 billion yuan in 2022, 3.84 billion yuan in 2023, and 890 million yuan in 2024 [5][6]. - The company's debt-to-asset ratio has remained high, reaching 81.09% by the end of 2024, with overdue debts exceeding 700 million yuan [5][6]. - The recent sale of a 20% stake in Dongguan Securities generated 2.271 billion yuan, which helped Jinlong Co., Ltd. achieve a profit of 105 million to 153 million yuan in the first half of the year [5]. Group 2: Strategic Shift - The acquisition of Shenzhen Benmao is seen as a necessary step for Jinlong Co., Ltd. to find new growth points and reduce reliance on traditional brokerage operations [4][6]. - The computing power sector is experiencing significant growth due to favorable policies, market demand, and technological innovations, making this acquisition timely for Jinlong Co., Ltd. to capitalize on industry trends [4][6]. - The company plans to invest up to 1 billion yuan in building computing power centers in collaboration with other partners, although progress on this project has not been disclosed [3][4]. Group 3: Market Conditions - The computing power market is currently facing challenges, including overcapacity and idle resources, which may pose risks for new entrants like Jinlong Co., Ltd. [4][6]. - Experts suggest that the acquisition may require substantial cash or increased debt, raising concerns about the company's financial flexibility and operational sustainability [6].

Core Viewpoint - BlueYun Technology Group Co., Ltd. is progressing with its IPO on the Beijing Stock Exchange, showcasing significant revenue growth but a slight decline in net profit [2][3]. Financial Performance - In 2024, the company achieved a revenue of 742.24 million yuan, representing a year-on-year increase of 81.69% [3][4]. - The net profit attributable to shareholders was 51.20 million yuan, showing a slight decrease of 0.15% compared to the previous year [3][4]. - The gross profit margin for the period was 24.33%, down from 25.79% in the same period last year [4]. - Basic earnings per share decreased by 21.92% to 0.57 yuan from 0.73 yuan [4]. Contracts and Partnerships - In December 2024, BlueYun Technology signed a contract worth 1.391 billion yuan with China Mobile Communications Group Beijing Co., Ltd. for a duration of four years, focusing on providing computing resource integration, computing power optimization, and high-performance cloud services [5]. Company Background - Established in 2004, BlueYun Technology specializes in computing power solutions and GPU cloud services, with notable clients including Zhipu Huazhang and Aido Chao Yue [2]. - The actual controller, Li Jian, holds a 10.18% direct stake and enjoys a total voting power of 47.29% through his indirect holdings [2].

Core Viewpoint - Jinlong Co., Ltd. is planning to invest in computing power by acquiring a 29.3% stake in Shenzhen Benmao Technology Co., Ltd., leveraging the 2.271 billion yuan from the recent sale of Dongguan Securities shares, marking a strategic shift after years of financial struggles [3][7][10]. Group 1: Investment Strategy - The investment in Shenzhen Benmao is part of Jinlong's broader strategy to transition into the computing power sector, which began over a year ago with a proposed 1 billion yuan computing power leasing plan that has yet to show tangible progress [4][8]. - The company aims to collaborate with experienced partners in the computing power field, sharing revenue from client sales, with an initial investment of approximately 1.03 million yuan for the first phase of the project [8][9]. Group 2: Financial Background - Jinlong has faced significant financial challenges, including continuous losses and high debt levels, prompting the sale of core assets to stabilize its finances [5][6]. - The successful completion of the sale of 20% of Dongguan Securities shares for 2.271 billion yuan allowed Jinlong to turn a profit in the first half of the year, enabling the new investment initiative [7][10]. Group 3: Historical Context - Shenzhen Benmao, which has seen its revenue double over four years, is now facing profitability challenges as it prepares for Jinlong's acquisition [4][10]. - The exit of Shenzhen Media Group from its investment in Benmao after four years reflects a shift in strategy, as the anticipated IPO did not materialize [10][14].

Group 1 - The core point of the article is that Jinlong Co., Ltd. plans to acquire a 29.3151% stake in Shenzhen BMT Technology Co., Ltd., which will position Jinlong as the second-largest shareholder of Shenzhen BMT if the transaction is completed [1][2] - This acquisition is expected to facilitate Jinlong's business transformation towards the digital economy infrastructure sector, particularly focusing on intelligent computing centers and computing power services [2] - Following the announcement, Jinlong's stock surged and reached a market capitalization of 13.31 billion yuan [2] Group 2 - Shenzhen BMT has total assets of 1.978 billion yuan and net assets of 485 million yuan as of the end of 2024, with projected revenue of 869 million yuan and net profit of 53.62 million yuan for the same year, indicating a solid asset scale and profitability [3] - Jinlong has faced continuous losses from 2021 to 2024, with net profits of -131 million yuan, -392 million yuan, -384 million yuan, and -89 million yuan respectively, and an increasing debt ratio from 74.86% in 2021 to 81.09% in 2024 [3] - After selling 300 million shares of Dongguan Securities, Jinlong expects to achieve profitability in the first half of 2025, with projected net profit ranging from 105 million yuan to 153 million yuan, although the net profit after deducting non-recurring items is still expected to be a loss of 112 million yuan to 95 million yuan [3]

Core Viewpoint - Jinlong Co., Ltd. plans to acquire a 29.3151% stake in Shenzhen Benmao Technology Co., Ltd., marking a strategic move to deepen its presence in the computing power sector [1][2]. Group 1: Acquisition Details - The acquisition involves the second-largest and fifth-largest shareholders of Shenzhen Benmao, who will transfer a combined 29.3151% stake to Jinlong Co., Ltd. [3][5]. - Shenzhen Benmao, established in 1997, focuses on intelligent computing centers and provides comprehensive solutions for the entire lifecycle of these centers [2][3]. Group 2: Financial Performance - As of the end of 2024, Shenzhen Benmao reported total assets of 1.978 billion yuan and net assets of 485 million yuan, with an annual revenue of 869 million yuan and a net profit of 53.62 million yuan [3][6]. - Jinlong Co., Ltd. has faced financial difficulties, with consecutive losses from 2021 to 2024, primarily due to underperformance in its securities business [7]. Group 3: Strategic Implications - The acquisition is expected to accelerate Jinlong's business transformation and enhance its revenue and profitability, creating more value for shareholders and ensuring sustainable development [5][6]. - Jinlong's move into the computing power sector aligns with national policies promoting artificial intelligence and aims to establish a foothold in Guangdong's intelligent computing industry [6][7].

Overview - Guangdong Jinlong Development Co., Ltd. intends to acquire a total of 29.3151% shares of Shenzhen Benmao Technology Co., Ltd. from Guangdong Shenbao Yiben and Shenzhen Shenbao Yiben, which includes 16,434,548 shares (23.2427% of total shares) from Guangdong Shenbao Yiben and 4,293,688 shares (6.0724% of total shares) from Shenzhen Shenbao Yiben [1][3] Parties Involved - Guangdong Shenbao Yiben has a total subscribed capital of 211 million yuan, with no related party transactions or conflicts of interest [1] - Shenzhen Shenbao Yiben has a total subscribed capital of 700 million yuan, also with no related party transactions or conflicts of interest [1] Target Company Information - Shenzhen Benmao focuses on the full industry chain services centered around intelligent computing centers and computing power services, providing comprehensive solutions for the entire lifecycle of intelligent computing centers [2][3] Transaction Details - The parties have signed a letter of intent on July 22, 2025, to facilitate the share transfer, which is currently in the planning stage and does not constitute a related party transaction [1][3] Purpose and Impact of the Transaction - The transaction aims to accelerate the company's business transformation, creating favorable conditions for transitioning to the real economy and expanding new productive forces, thereby enhancing future revenue and profitability [5]