本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容 的真实性、准确性和完整性承担法律责任。 重要内容提示： ● 恒为科技（上海）股份有限公司（以下简称"公司"或"本公司"）股票于2026年1月8日、1月9日、1月 12日连续三个交易日内收盘价格涨幅偏离值累计达20%，根据《上海证券交易所交易规则》的有关规 定，属于股票交易异常波动。 ● 公司关注到近期AI应用概念市场热度较高，公司不涉及AI应用相关业务。公司拟发行股份购买资产的 审计、评估工作尚未完成，标的资产尚未纳入公司合并报表范围，本次交易后续仍存在一定的不确定 性。 ● 经公司自查，并向公司控股股东、实际控制人发函询证，截至目前，公司及控股股东、实际控制人不 存在涉及公司的应披露而未披露的重大信息。 登录新浪财经APP 搜索【信披】查看更多考评等级 证券代码：603496 证券简称：恒为科技 公告编号：2026-001 恒为科技（上海）股份有限公司 股票交易异常波动公告 ● 公司生产经营环境未发生重大变化，生产经营情况正常，敬请广大投资者注意二级市场交易风险，理 性决策，审慎投资。 一、股票交易异常波动的具体情况 ...

格隆汇1月12日丨恒为科技(603496.SH)公布股票交易异常波动公告，公司关注到近期AI应用概念市场热 度较高，公司主要从事网络可视化和智能系统平台业务，不涉及AI应用相关业务。公司拟发行股份及 支付现金的方式购买数珩科技75%股份，截止目前，本次交易涉及的审计、评估工作尚未完成，数珩科 技尚未纳入公司合并报表范围，本次交易仍存在一定的不确定性。后续公司将根据本次交易的进展情 况，严格按照相关法律法规和规范性文件的有关规定，及时履行相关信息披露义务。 ...

大位科技董事长 张微 冰轮环境董事长 李增群 华资实业董事长 张志军 赛目科技董事长 胡大林 浩瀚深度董事长 张跃 欢迎各位嘉宾的到来。接下来进入到问题环节，第一个问题是技术进步。在"十五五"规划里已经看到， 加快高水平科技自立自强已经作为国家的战略任务进行了专章的部署。对于我们所在的产业而言，技术 创新的核心突破口在哪里，企业应该如何通过自主创新，在全球产业竞争格局中占据一席之地？有请三 位嘉宾来聊一聊这个话题，首先有请大位科技的董事长张微。 肖立晟：非常高兴有这个机会来到《证券日报》这个非常宏大的论坛，我是来自于中国社会科学院世界 经济与政治研究所的肖立晟，非常高兴能跟大家一起来讨论AI对中小企业特别是上市公司的一些企业 生态的影响。 刚刚听了以上演讲嘉宾讲的AI新科技对市场的影响，我本人也会跟踪一些AI的变化以及对世界经济的 影响。大家如果还有印象，目前可以往回看一下2022年时大家对自身企业及对世界经济、中国经济的看 法。在当时比较知名的国际金融机构IMF，对世界经济的预测是非常悲观的，认为未来几年将会陷入深 度衰退。它作出这个预测的时间点是2022年的10月份，一个月之后，2022年11月30号Ch ...

Core Viewpoint - Hengwei Technology (603496.SH) is planning to acquire 75% of Shanghai Shuhang Information Technology Co., Ltd. through a combination of issuing shares and cash payment, along with raising supporting funds for the transaction [1][6]. Company Overview - Hengwei Technology, established in 2003 and listed on the Shanghai Stock Exchange in 2017, had a market capitalization of 10.33 billion yuan before its stock suspension. The company operates primarily in two segments: network visualization and intelligent system platforms [5]. - In the first half of 2025, Hengwei Technology faced significant performance challenges, with revenue of 488 million yuan, a year-on-year decline of 23.19%, and a net profit of 17.82 million yuan, down 75.16% year-on-year [5]. Acquisition Details - The acquisition will allow Hengwei Technology to gain control over Shuhang Technology, which specializes in enterprise-level AI solutions. The deal is expected to enhance Hengwei's AI strategy [2][10]. - The transaction is not anticipated to constitute a major asset restructuring unless it is delayed beyond the current reporting period [7]. Shuhang Technology Profile - Founded in December 2017, Shuhang Technology focuses on localized AI solutions for enterprises, with a mission to apply GPT technology in business scenarios. The company has developed several proprietary technologies, including the S-GPT AI engine [9][10]. - Shuhang Technology has received various qualifications, including high-tech enterprise status, and holds numerous intellectual property rights [12]. Industry Context - The demand for scenario-based AI solutions is surging as enterprises undergo digital transformation. IDC predicts that the market for AI enterprise applications in China will exceed 300 billion yuan by 2025, with a compound annual growth rate of over 30% [13][14]. - The acquisition reflects a shift in the AI industry towards practical applications, with a focus on quantifiable commercial value becoming a key investment criterion [17]. Strategic Synergies - The acquisition aims to leverage the strengths of both companies, combining Hengwei's AI infrastructure with Shuhang's localized AI engine to create a synergistic effect [16]. - The customer bases of both companies are expected to complement each other, providing opportunities for cross-selling [16]. Challenges Ahead - Integrating a hardware company with a software company presents challenges, particularly in aligning organizational culture and management practices. Retaining Shuhang's core technical team and fostering innovation will be crucial for the success of the merger [17].

Core Viewpoint - Hengwei Technology is planning to acquire 75% of Shanghai Shuhang Information Technology Co., Ltd. through a combination of share issuance and cash payment, which will make Shanghai Shuhang a subsidiary of Hengwei Technology after the transaction is completed [1] Group 1: Acquisition Details - The acquisition is currently in the planning stage, and Hengwei Technology will suspend trading from September 17, 2025, for up to 10 trading days to prevent abnormal stock price fluctuations [1] - The transaction is not expected to constitute a major asset restructuring, and there will be no change in the controlling shareholder or actual controller of the company [1] - Shanghai Shuhang, established in 2017, is a leading provider of enterprise-level scenario-based AI solutions, integrating business strategies with a locally deployable S-GPT AI engine [1] Group 2: Business Overview - Hengwei Technology focuses on network visualization and intelligent system platform businesses, while also expanding into AI infrastructure and solutions [2] - The company has launched a series of AI integrated machine products and solutions, covering various application scenarios based on domestic GPU architectures [2] - The acquisition of Shanghai Shuhang is expected to create synergies in the application of AI technology and products in the enterprise market [2] Group 3: Financial Performance - In the first half of the year, Hengwei Technology achieved revenue of 488 million yuan, a year-on-year decrease of 23.19%, with a net profit of 17.82 million yuan, down 75.16% [2] - The network visualization business recorded revenue of 262 million yuan, a year-on-year increase of 43.48%, while the intelligent system platform business revenue was 226 million yuan, down 49.95% due to a decrease in orders for intelligent computing business [2] Group 4: Future Strategy - In the second half of the year, Hengwei Technology will focus on the introduction of domestic products in network visualization and enhance product solutions in mobile networks, satellite communications, and IoT [3] - The company will also advance its intelligent computing upgrade strategy, increasing investment in the research and development of domestic computing integrated machines and expanding industry scenarios [3] - Additionally, Hengwei Technology aims to increase market share in network security, computing servers, and switches [3]

Core Viewpoint - Beijing Haohan Data Technology Co., Ltd. reported a significant decline in revenue and profit for the first half of 2025, indicating challenges in the software and information technology service industry despite overall industry growth [3][4][7]. Company Overview and Financial Indicators - The company’s revenue for the first half of 2025 was approximately 153.71 million yuan, a decrease of 34.95% compared to the same period in the previous year [3]. - The total profit for the period was a loss of approximately 6.47 million yuan, a decline of 118.38% year-on-year [3]. - The net profit attributable to shareholders was approximately 2.53 million yuan, down 92.58% from the previous year [3]. - The company’s total assets increased by 34.55% to approximately 1.63 billion yuan compared to the end of the previous year [3]. Industry Development - The software and information technology service industry in China is experiencing steady growth, with software business revenue reaching 705.85 billion yuan in the first half of 2025, a year-on-year increase of 11.9% [7]. - The industry is characterized by rapid technological updates, high product added value, and a wide range of applications, making it a foundational and strategic sector for national development [7][8]. - The industry faces high entry barriers due to the need for specialized technical personnel and continuous innovation [8][9]. Market Opportunities - The network visualization market is expected to grow significantly, driven by the rapid development of the internet and the implementation of the "Broadband China" strategy [11][12]. - The demand for network visualization is increasing due to the explosion of data traffic and the need for enhanced network management and optimization [15][16]. - The integration of 5G technology and advancements in artificial intelligence are expected to further propel the growth of the network visualization industry [14][15]. Information Security Market - The information security industry in China is rapidly growing, with a projected market size approaching 400 billion yuan by 2026, driven by increasing digitalization and regulatory support [17][18]. - The market is expected to see significant growth in cloud security and IoT security, as these areas become critical due to rising security threats [18][20]. - The introduction of artificial intelligence in information security is enhancing threat detection and response capabilities, although it also presents new challenges [20][21].

Investment Rating - The report initiates coverage with a "Buy" rating for the company [4][6]. Core Insights - The company's revenue for the first half of 2025 was 488 million yuan, a decrease of 23.19% year-on-year, while the net profit attributable to the parent company was 18 million yuan, down 75.16% year-on-year [1]. - The network visualization business saw significant growth, achieving revenue of 262 million yuan, a year-on-year increase of 43.48%, driven by the gradual implementation of projects in the operator market [2]. - The intelligent system platform business faced challenges, with revenue of 226 million yuan, a decline of 49.95% year-on-year, primarily due to a decrease in orders [3]. - The company is focusing on domestic product integration and enhancing its competitive edge in vertical industries, with plans to increase investment in core technology development for domestic chip adaptation and algorithm optimization [3]. Financial Summary - The company forecasts revenues of 1.36 billion yuan, 1.65 billion yuan, and 2.01 billion yuan for 2025, 2026, and 2027 respectively, with net profits projected at 120 million yuan, 160 million yuan, and 204 million yuan for the same years [4][5]. - The projected P/E ratios for 2025, 2026, and 2027 are 83.98, 63.35, and 49.56 respectively, indicating a positive outlook for the company's visualization business and potential recovery in the intelligent computing sector [4].

Core Viewpoint - The report highlights the financial performance and operational status of Hengwei Technology (Shanghai) Co., Ltd. for the first half of 2025, indicating a significant decline in revenue and profit compared to the same period last year, while emphasizing the company's strategic focus on network visualization and intelligent systems. Financial Performance - The total revenue for the first half of 2025 was approximately CNY 488.40 million, representing a decrease of 23.19% compared to CNY 635.89 million in the same period last year [3] - The total profit for the period was CNY 17.06 million, down 77.11% from CNY 74.55 million year-on-year [3] - The net profit attributable to shareholders was CNY 17.82 million, a decline of 75.16% from CNY 71.74 million in the previous year [3] - The basic earnings per share decreased by 75.41% to CNY 0.0556 from CNY 0.2261 [4] Industry Overview - The network visualization industry has evolved over the past decade, transitioning from basic operational analysis to intelligent management of data services, leveraging new technologies such as big data and IoT [6] - The industry is currently in a rapid growth phase, driven by the integration of AI and the increasing demand for intelligent operations in data centers and smart computing [6][7] - The company is recognized as one of the earliest entrants in the network visualization field, maintaining a leading position in technology and market share [6] Business Operations - The company's main business includes the development and provision of intelligent system solutions, focusing on network visualization and intelligent system platforms [7] - The network visualization business involves real-time data collection and analysis to enhance network management and security, while the intelligent system platform provides hardware and software solutions for various industries [8] - The company has expanded its product applications to intelligent computing centers, integrating network visualization with computing resource management [8] Strategic Focus - The company aims to leverage its technological expertise to enhance its offerings in the intelligent computing sector, particularly in the context of national strategies promoting domestic information technology and smart computing [11] - The focus on domestic information technology has led to partnerships with local chip manufacturers to develop competitive products and solutions [11] - The company is actively involved in the development of AI-integrated solutions, addressing the growing demand for intelligent systems across various sectors [12]