南财投研通数据显示，11月20日，券商给予上市公司目标价共12次，按最新收盘价计算，目标价涨幅排 名居前的公司有太辰光、中金公司、中国铁建，目标价涨幅分别为63.73%、61.08%、53.57%，分别属 于通信设备、证券、基础建设行业。 | | | | 11月20日目标价涨幅排名 | | | | --- | --- | --- | --- | --- | --- | | 证券代码 | 证券名称 | 机构 | 最新评级 | 嚴高目極价 | 目标涨幅 | | | | | | (元) | (%) | | 300570 | 太辰光 | 国泰海通证券 | 增持 | 149.21 | 63.73 | | 601995 | 中等公司 | 华泰证券 | 派 | 56.20 | 61.08 | | 601186 | 中国铁建 | 国泰海通证券 | 増持 | 12.04 | 53.57 | | 300347 | 泰格医药 | 国泰海通证券 | 增持 | 75.55 | 49.04 | | 300498 | 温氏股份 | 中国国际会融 | 跑赢行业 | 25.00 | 43.51 | | 600346 | 恒力石化 | 英创证券 ...

Core Points - The company, Inspur Information, announced the issuance of its seventh ultra-short-term financing bond for the year 2025, amounting to 1 billion RMB [2] - The bonds were issued at a face value of 100 RMB each, with an interest rate of 1.49% [2] - The lead underwriter for this issuance is China Everbright Bank, with Qingdao Bank serving as the co-lead underwriter [2] - The funds raised from this issuance were confirmed to be fully received on November 20, 2025 [2]

Core Viewpoint - Lenovo Group has demonstrated resilience and growth despite pressure from hardware costs and initial investments, with significant revenue increases driven by AI-related business opportunities [1][5]. Financial Performance - For the second fiscal quarter of 2025, Lenovo reported total revenue of $20.45 billion, a year-on-year increase of 15%, setting a new record for quarterly revenue [1]. - For the first half of the fiscal year, total revenue reached $39.28 billion, reflecting an 18% year-on-year growth [1]. - The net profit attributable to shareholders for the second quarter was $340 million, a decrease of 5% year-on-year, with a gross margin of 15.4%, down 0.3 percentage points from the previous year [4]. Market Position - Lenovo holds a 25.6% share of the global PC market, an increase of 1.8 percentage points year-on-year, maintaining its leading position [3]. - The company’s AI-related revenue accounted for 29% of total revenue in the first half of the fiscal year, up 15 percentage points year-on-year [5]. Cost and Supply Chain Management - Rising prices of key components, particularly in storage, have increased production costs, with storage costs now comprising over 20% of the bill of materials for laptops [3]. - Lenovo has established long-term relationships with core suppliers to secure capacity and mitigate cost fluctuations, which helps stabilize gross and net profit margins [4][6]. AI and Infrastructure Growth - The AI-related business has been a highlight, with double-digit growth in AI server revenue and a 19% increase in revenue from digital solutions [5]. - The company is investing in AI research and development, with an 8% increase in R&D spending aimed at hybrid AI strategies [6].

Core Viewpoint - The company, Unisplendour Corporation, has submitted its application for H-share issuance and listing to the Hong Kong Stock Exchange and has also filed the necessary documentation with the China Securities Regulatory Commission (CSRC), which has accepted the application [1] Group 1 - The H-share issuance and listing process is being actively and orderly promoted by the company [1] - Investors are encouraged to pay attention to the company's subsequent announcements regarding this matter [1]

AI已成为联想业绩的实质性贡献来源。 11月20日，联想集团（HKSE:00992）第一次在财报中披露，AI相关业务营收占比已达30%，同比提升 13个百分点，这意味着AI已成为联想业绩的实质性贡献来源。 当天联想发布截至2025年9月30日的2025/26财年第二财季业绩，该季度营收同比增长15%至1464亿元人 民币，创下财季历史新高；经调整后的净利润同比增长25%，达36.6亿元人民币，净利增速远超营收增 速，三大主业全部实现双位数增长。 在财报发布后的媒体沟通中，杨元庆回应了包括下一阶段的AI计划以及AI泡沫、芯片涨价潮影响等问 题。他表示联想已与关键零部件供应商签署长期供货合同。 财报显示，联想IDG（智能设备业务集团）第二财季营收达1081亿元人民币，同比增长12%，盈利能力 方面，IDG的运营利润同比增长11%。 从市场份额看，IDC数据显示，联想以1940万台的出货量位列全球PC市场份额第一，首次突破25%，同 比增长17.3%。 AI PC拉动的用户需求正在成为IDG增长的核心引擎。本财季，AI终端设备营收在IDG整体营收中的占 比大幅提升至36%，同比提升17个百分点，渗透速度加快。 此外 ...

证券日报网讯紫光股份（000938）11月20日在互动平台回答投资者提问时表示，公司此次计划H股发行 并上市旨在深化全球化战略布局，加快海外业务发展，进一步提高公司资本实力，提升公司国际化品牌 形象。 ...

证券日报网讯 紫光股份（000938）11月20日在互动平台回答投资者提问时表示，公司始终重视与投资 者的互动交流，目前公司不存在应披露而未披露的重大事项。 ...

Core Viewpoint - The company announced the issuance of a super short-term financing bond in the interbank bond market, indicating a strategic move to raise funds for operational needs [1] Group 1: Financing Details - The company will issue the 2025 Annual 7th Phase super short-term financing bond on November 19, 2025, with a total issuance amount of 1 billion yuan [1] - Each bond has a face value of 100 yuan and an issuance interest rate of 1.49% [1] - The funds raised will be fully received on November 20, 2025 [1] Group 2: Regulatory Approval - The financing bond application was registered and approved by the trading association on October 21, 2025 [1] - The approved registration amount for the bond is 10 billion yuan, valid for two years [1]

证券之星消息，11月20日计算机设备板块较上一交易日下跌0.74%，朗科科技领跌。当日上证指数报收 于3931.05，下跌0.4%。深证成指报收于12980.82，下跌0.76%。计算机设备板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 300042 | 朗科技 | 29.68 | -6.90% | 26.16万 | 7.89亿 | | 300270 | 中威电子 | 10.91 | -6.43% | 23.29万 | 2.56亿 | | 002197 | ST证通 | 9.95 | -4.78% | 24.47万 | 2.46 Z | | 300302 | 同有科技 | 20.20 | -4.08% | 1 24.87万 | 5.08亿 | | 300324 | 旋极信息 | 5.76 | -4.00% | 87.02万 | 5.06亿 | | 300368 | 汇金股份 | 15.45 | -3.86% | 42.87万 | 6.89亿 | | 002180 | 纳闘达 ...

来源：中国网 在这样的趋势下，传统文科的知识体系正面临局限，若缺乏对AI的理解与运用，文科人才将在新的社 会分工中逐渐失去话语权。 因此，"人工智能+"已经成为"新文科"必须正视的时代命题。 在这一背景下，广外率先行动，积极探索"AI+文科"的融合之路，通过将人工智能引入课堂、实训与竞 赛，推动AI教育在文科场景中的落地与普及。这既是对国家政策导向的积极响应，也是广外在教育理 念上的主动转型。 以赛促学，联想助力广外打造首届AI实践能力大赛 在人工智能教育全面加速的当下，广外意识到，只有把AI从"课程"推向"场景"，让学生在真实问题中思 考、在工程环境中实践，才能真正突破文科教育的边界。 在今年秋季学期，广东外语外贸大学推出"首届AI实践能力大赛"，并以"培训+比赛"的形式将课堂知识 延伸至实战舞台。此次赛事由现代教育技术中心主办，联想作为深度合作伙伴，提供了从算力设备到智 能体平台的全方位技术支持。 近日，广东外语外贸大学首届AI应用创新大赛迎来决赛收官。在终审答辩现场，12支入围队伍用智能 体作品展示跨学科创意：有的打造知心伴学助手，有的构建校园美食推荐，思维火花在赛场上频频碰 撞。 作为学校"人工智能+ ...