智通财经APP讯，中国联通(00762)发布公告，考虑到(包括其它)现行的市场状况，本公司拟分拆智网科 技至深圳证券交易所(深交所)创业板上市(本次分拆上市)。倘本公司进行本次分拆上市, 将构成本公司根 据香港联合交易所有限公司证券上市规则(上市规则)第 15 项应用指引进行的分拆。本公司将尽快向香 港联合交易所有限公司(联交所)提出更新版第 15 项应用指引的申请。根据中国相关法律法规，本次分 拆上市尚需本公司的控股股东中国联合网络通信股份有限公司的股东会批准。 本公司将以分拆智网科技至深交所创业板上市为契机，持续完善中国特色现代企业制度，推进创新要素 布局优化和结构调整，健全市场化经营机制。同时，公司将聚焦战略性新兴产业，持续提升产业链供应 链现代化水平，着力推进质量变革、效率变革、动力变革，致力于将智网科技打造成为具有核心竞争力 的市场主体。 本次分拆上市有利于推动智网科技创新业务发展、经营质量提升和竞争力打造。通过本次分拆上市，智 网科技能够借力资本市场，精准把握车联网行业战略机遇，加大关键技术研发投入，打造专精特新能 力，培育新的增长引擎，不断提升市场地位和品牌价值，进一步夯实高质量发展基础，实现做 ...

Core Viewpoint - Wanma Technology's subsidiary, Youka Technology, has officially partnered with Jiushi Intelligent to leverage their strengths in vehicle networking technology and logistics autonomous driving to explore innovative applications of RoboVan projects [1] Group 1 - Youka Technology is a wholly-owned subsidiary of Wanma Technology [1] - Jiushi Intelligent is a company specializing in intelligent technology [1] - The collaboration aims to enhance the development of autonomous logistics vehicles [1]

Core Insights - On October 17, Huihan Co., Ltd. experienced a decline of 5.62% in stock price, with a trading volume of 194 million yuan [1] - The company reported a net financing outflow of 741.68 million yuan on the same day, with a total financing and securities balance of 2.18 billion yuan [1] Financing and Margin Trading - On October 17, the financing buy amount for Huihan was 15.73 million yuan, while the financing balance stood at 2.17 billion yuan, accounting for 5.71% of the circulating market value, which is below the 50th percentile of the past year [1] - In terms of securities lending, Huihan repaid 300 shares and sold 300 shares on October 17, with a selling amount of 35,400 yuan, while the securities lending balance was 613,500 yuan, exceeding the 90th percentile of the past year [1] Company Overview - Huihan Microelectronics Co., Ltd. was established on July 11, 2008, and is located in Fuzhou, Fujian Province [1] - The company specializes in the research, production, and sales of vehicle networking smart terminals and IoT smart modules, providing software and technical services [1] - The revenue composition includes 74.71% from vehicle networking smart terminals, 18.17% from IoT smart modules, 7.00% from software and services, and 0.12% from other sources [1] Financial Performance - As of June 30, the number of shareholders for Huihan was 14,600, an increase of 5.43% from the previous period, with an average of 1,791 circulating shares per person, up by 41.32% [2] - For the first half of 2025, Huihan reported a revenue of 451 million yuan, a year-on-year increase of 4.84%, and a net profit attributable to shareholders of 93.83 million yuan, reflecting a growth of 26.33% [2] Dividend and Shareholding Structure - Huihan has distributed a total of 175 million yuan in dividends since its A-share listing [3] - As of June 30, 2025, the largest circulating shareholder is the Southern CSI 1000 ETF, holding 292,600 shares as a new shareholder [3] - Other notable shareholders include Hong Kong Central Clearing Limited and Huaxia CSI 1000 ETF, with changes in their holdings compared to the previous period [3]

Group 1 - The core viewpoint of the news highlights the recent performance and financial metrics of Xingmin Zhitong, indicating a decline in stock price and significant changes in financing activities [1][2] - On October 16, Xingmin Zhitong's stock dropped by 2.25%, with a trading volume of 67.87 million yuan. The financing buy-in amount was 2.29 million yuan, while the financing repayment was 5.73 million yuan, resulting in a net financing buy of -3.44 million yuan [1] - As of October 16, the total financing and securities lending balance for Xingmin Zhitong was 249 million yuan, with the financing balance accounting for 7.09% of the circulating market value, which is below the 10% percentile level over the past year [1] Group 2 - As of June 30, the number of shareholders for Xingmin Zhitong increased to 64,800, a rise of 38.28%, while the average circulating shares per person decreased by 27.68% to 9,540 shares [2] - For the first half of 2025, Xingmin Zhitong reported an operating income of 459 million yuan, reflecting a year-on-year growth of 3.48%. However, the net profit attributable to the parent company was -198 million yuan, a significant decrease of 3219.23% compared to the previous period [2] - Since its A-share listing, Xingmin Zhitong has distributed a total of 139 million yuan in dividends, with no dividends paid out in the last three years [3]

Charging Infrastructure - The National Development and Reform Commission issued a plan to double the service capacity of electric vehicle charging facilities from 2025 to 2027, aiming to build 40,000 fast charging stations along highways by the end of 2027 [1][4] - Guosen Securities believes that Chinese charging pile companies are deeply involved in the global energy transition, with domestic market gross margins around 20%-30% and potential for over 40% in overseas markets [1] AI and Intelligent Agents - Baidu announced an upgrade to its Wenxin assistant, now supporting eight types of AIGC content creation, with daily user-generated content exceeding 10 million [1] - Huajin Securities anticipates accelerated AI application deployment due to Baidu's advancements, highlighting the commercial potential of companies that can build competitive barriers based on industry depth and data resources [2] Intelligent Connected Vehicles - The 2025 World Intelligent Connected Vehicle Conference will be held from October 16 to 18, focusing on cutting-edge technologies and future trends in the industry [1] - Analysis indicates that China has identified intelligent connected vehicles as a core area for enhancing manufacturing competitiveness, with a complete industrial chain established for smart driving and related technologies [2] Photonic Devices - NTT Research, in collaboration with Cornell and Stanford, developed the world's first programmable nonlinear photonic chip, which allows for rapid switching of multiple optical functions [3] - The photonic integrated circuit market is projected to exceed $50 billion, with the new technology expected to significantly reduce R&D and production costs while enhancing yield rates [3]

Core Insights - Huihan Co., Ltd. experienced a stock decline of 4.88% on October 14, with a trading volume of 241 million yuan [1] - The company reported a financing buy-in of 20.89 million yuan and a net financing buy of 5.186 million yuan on the same day [1][2] - As of June 30, 2025, the company achieved a revenue of 451 million yuan, representing a year-on-year growth of 4.84%, and a net profit of 93.825 million yuan, up 26.33% year-on-year [2] Financing and Margin Trading - On October 14, the total margin trading balance for Huihan Co., Ltd. was 228 million yuan, accounting for 5.55% of its market capitalization [1] - The company’s margin balance is above the 50th percentile of the past year, indicating a relatively high level of margin trading activity [1] - The short selling data shows that 400 shares were sold on October 14, with a total value of 50,800 yuan, and the short selling balance was 68,570 yuan, exceeding the 90th percentile of the past year [1] Business Overview - Huihan Co., Ltd. was established on July 11, 2008, and is located in Fuzhou, Fujian Province [1] - The company specializes in the research, development, production, and sales of intelligent terminals for vehicle networking and IoT smart modules, along with software and technical services [1] - The revenue composition includes 74.71% from vehicle networking intelligent terminals, 18.17% from IoT smart modules, 7.00% from software and services, and 0.12% from other sources [1] Shareholder and Institutional Holdings - As of June 30, 2025, the number of shareholders increased by 5.43% to 14,600, with an average of 1,791 circulating shares per person, up 41.32% [2][3] - The top circulating shareholder is the Southern CSI 1000 ETF, holding 292,600 shares as a new shareholder [3] - Hong Kong Central Clearing Limited is the third-largest circulating shareholder, holding 251,100 shares, a decrease of 11,700 shares from the previous period [3]

Group 1 - The core point of the news is that Huihan Microelectronics Co., Ltd. experienced a 5.1% drop in stock price, currently trading at 126.69 yuan per share, with a total market capitalization of 13.242 billion yuan [1] - The company, established on July 11, 2008, focuses on the research, production, and sales of vehicle networking smart terminals and IoT smart modules, with revenue composition being 74.71% from vehicle networking smart terminals, 18.17% from IoT smart modules, 7.00% from software and services, and 0.12% from other sources [1] Group 2 - Dongwu Fund has one fund heavily invested in Huihan shares, specifically the Dongwu Double Triangle Stock A (005209), which increased its holdings by 507 shares in the second quarter, totaling 4,507 shares, representing 3.15% of the fund's net value [2] - The fund has a current scale of 5.8348 million, with a year-to-date return of 48.96% and a one-year return of 35.95% [2]

Core Insights - Huihan Co., Ltd. has shown a slight increase in stock price by 0.38% on October 13, with a trading volume of 416 million yuan [1] - The company reported a net financing outflow of 27.27 million yuan on the same day, indicating a higher level of financing repayment compared to new purchases [1] - As of October 13, the total margin balance for Huihan Co., Ltd. stands at 223 million yuan, which is 5.16% of its market capitalization, indicating a relatively high financing level [1] Financial Performance - For the first half of 2025, Huihan Co., Ltd. achieved a revenue of 451 million yuan, reflecting a year-on-year growth of 4.84% [2] - The net profit attributable to shareholders for the same period was 93.83 million yuan, marking a significant increase of 26.33% compared to the previous year [2] Shareholder and Institutional Holdings - As of June 30, 2025, the number of shareholders for Huihan Co., Ltd. reached 14,600, an increase of 5.43% from the previous period [2] - The top circulating shareholder is the Southern CSI 1000 ETF, holding 292,600 shares, which is a new entry [3] - Hong Kong Central Clearing Limited is the third-largest circulating shareholder, holding 251,100 shares, a decrease of 11,700 shares from the previous period [3]

Core Viewpoint - The Tianjin government is actively promoting high-quality development during the "14th Five-Year Plan" period, with significant achievements in economic growth, innovation, reform, urban-rural integration, and public welfare [1][2][3][4][5][6] Economic Development - The economic output of Xiqing District has surpassed 100 billion yuan for the first time in 2023, with a steady annual growth rate of over 5%. By the end of 2024, the economic total is expected to increase by 28.8% compared to the end of the "13th Five-Year Plan" [1] - The general public budget revenue is projected to reach 7.778 billion yuan in 2023, marking a 15.3% increase from the end of the "13th Five-Year Plan" [1] - The district has focused on five key industrial chains, achieving an industrial output value of 32.4 billion yuan in the first half of the year, a year-on-year increase of 12.1% [1] Innovation and Technology - Xiqing District has established 691 enterprises in the Tianjin Kai West Qing Park, with a "Golden Seed" fund exceeding 2.3 billion yuan. The number of national high-tech enterprises has reached 918, and "specialized, refined, and innovative" enterprises have reached 152 [2] - The district has created several new industrial platforms, with strategic emerging industries accounting for 48.8% of the added value and high-tech industries accounting for 33.4% [2] Reform and Opening Up - The district has implemented 30 major reform plans and has been recognized for its reform achievements for three consecutive years. It has also been approved as a national pilot city for new manufacturing technology transformation [3] - Xiqing has attracted over 120 projects from Beijing and has integrated into the national unified market, with over 8,100 projects attracting a total investment of 317.5 billion yuan [3] Urban-Rural Integration - The district has focused on rural revitalization and urbanization, with 51,000 households and 139,000 villagers relocated to new homes. A total of 198 old communities have been upgraded [4] - The district has achieved significant growth in tourism, with the core area of Yangliuqing Ancient Town receiving 411,200 visitors during the National Day holiday, a 533% increase year-on-year [4] Public Welfare - The district has invested in education and healthcare, adding over 29,000 school places and establishing 227 elderly care centers. The number of urban employed individuals has surpassed 110,000 [5] - Environmental initiatives have led to a 24% reduction in PM2.5 concentration compared to 2020, contributing to the beautification of the city [6]

Group 1 - The core viewpoint of the news is that Botai Carlink (02889) will be listed on the Hong Kong Stock Exchange on September 30, with a significant increase in its trading price compared to the initial offering price [1] - The closing price in the dark trading market by Livermore Securities shows a quote of HKD 136, which represents a 33.03% increase from the offering price of HKD 102.23 [1] - Each trading unit consists of 20 shares, resulting in a profit of HKD 675.4 per unit, excluding transaction fees [1] Group 2 - The trading volume data indicates a fluctuating price trend, with specific price points recorded at HKD 135.100, 135.000, and 134.900 during the trading session [3] - The MACD indicator shows a value of 0.217, with DIF at -0.096 and DEA at -0.205, suggesting potential momentum in the stock's performance [3]