11月20日，网宿科技盘中下跌2.04%，截至10:28，报10.58元/股，成交3.17亿元，换手率1.29%，总市值 260.21亿元。 资金流向方面，主力资金净流出7297.35万元，特大单买入261.63万元，占比0.83%，卖出4244.26万元， 占比13.39%；大单买入4694.75万元，占比14.82%，卖出8009.47万元，占比25.28%。 网宿科技今年以来股价涨2.52%，近5个交易日跌5.87%，近20日跌4.08%，近60日跌13.56%。 分红方面，网宿科技A股上市后累计派现21.69亿元。近三年，累计派现13.38亿元。 机构持仓方面，截止2025年9月30日，网宿科技十大流通股东中，易方达创业板ETF（159915）位居第 二大流通股东，持股4412.62万股，相比上期减少703.87万股。南方中证500ETF（510500）位居第三大 流通股东，持股3557.27万股，相比上期减少73.82万股。香港中央结算有限公司位居第四大流通股东， 持股2756.10万股，相比上期减少730.85万股。华安创业板50ETF（159949）位居第七大流通股东，持股 1400.88万股， ...

Core Viewpoint - Wangsu Technology's stock price has shown fluctuations, with a recent decline of 2.08% and a year-to-date increase of 9.59% [1] Financial Performance - For the period of January to September 2025, Wangsu Technology reported a revenue of 3.492 billion yuan, a year-on-year decrease of 3.27%, while the net profit attributable to shareholders was 616 million yuan, reflecting a year-on-year growth of 43.60% [2] Shareholder Information - As of October 20, 2025, the number of shareholders for Wangsu Technology was 178,000, a decrease of 0.39% from the previous period, with an average of 12,947 circulating shares per shareholder, which increased by 0.39% [2] - The company has distributed a total of 2.169 billion yuan in dividends since its A-share listing, with 1.338 billion yuan distributed over the last three years [3] Stock Market Activity - On November 5, 2025, Wangsu Technology's stock was trading at 11.31 yuan per share, with a total market capitalization of 27.816 billion yuan [1] - The stock experienced a net outflow of 24.76 million yuan in principal funds, with significant selling pressure observed [1]

Core Viewpoint - Wangsu Technology's stock price has shown fluctuations, with a recent decline of 2.05% and a year-to-date increase of 11.34%, indicating mixed market sentiment towards the company [1]. Financial Performance - For the period from January to September 2025, Wangsu Technology reported a revenue of 3.492 billion yuan, a year-on-year decrease of 3.27%, while the net profit attributable to shareholders increased by 43.60% to 616 million yuan [2]. - Cumulative cash dividends since the company's A-share listing amount to 2.169 billion yuan, with 1.338 billion yuan distributed over the past three years [3]. Shareholder Information - As of October 20, 2025, the number of shareholders for Wangsu Technology is 178,000, a decrease of 0.39% from the previous period, while the average circulating shares per person increased by 0.39% to 12,947 shares [2]. - The top ten circulating shareholders include major ETFs, with notable reductions in holdings for several funds, indicating potential shifts in institutional investment [3]. Market Activity - On November 4, 2025, Wangsu Technology's stock traded at 11.49 yuan per share, with a total market capitalization of 28.259 billion yuan and a trading volume of 574 million yuan [1]. - The net outflow of main funds was 92.6329 million yuan, with significant selling pressure observed in large orders [1]. Business Overview - Wangsu Technology, established on January 26, 2000, specializes in providing global content delivery network (CDN) services, internet data center (IDC) services, and cloud computing services [1]. - The revenue composition of the company includes 64.34% from CDN and edge computing, 27.51% from security and value-added services, 5.36% from IDC and liquid cooling, and 2.79% from product sales and others [1].

Core Viewpoint - Wangsu Technology is a leading internet service provider in China, specializing in content delivery network (CDN), internet data center (IDC), and cloud computing services, with a strong technical and service advantage [1] Financial Performance - In Q3 2025, Wangsu Technology reported revenue of 3.492 billion yuan, ranking 17th out of 131 in the industry, significantly lower than the top competitors, but above the industry average of 283.3 million yuan [2] - The net profit for the same period was 611 million yuan, ranking 4th in the industry, outperforming the industry average net profit of 25.96 million yuan [2] Profitability and Financial Health - The asset-liability ratio for Q3 2025 was 15.23%, lower than the previous year's 18.34% and the industry average of 38.93%, indicating strong debt repayment capability [3] - The gross profit margin increased to 34.52% from 30.45% year-on-year, surpassing the industry average of 29.96%, reflecting improved profitability [3] Executive Compensation - Chairman Li Boyang's salary for 2024 was 4.333 million yuan, an increase of 809,500 yuan from 2023 [4] - General Manager Hong Ke's salary for 2024 was 4.4416 million yuan, a slight increase of 27,600 yuan from the previous year [4] Shareholder Information - As of September 30, 2025, the number of A-share shareholders decreased by 0.46% to 177,200, while the average number of shares held per shareholder increased by 1.02% to 13,000 [5] Market Outlook and Business Expansion - According to CICC, Wangsu Technology's net profit attributable to shareholders grew by 43.6% year-on-year in the first three quarters of 2025, aligning with market expectations [6] - The company is expanding its overseas business, achieving near-total coverage in Southeast Asia and connecting with over 80% of mainstream operators in the Middle East [6] - The company is focusing on AI and international business opportunities, with a service network covering over 200 countries [6]

Group 1 - The core viewpoint of the news is that Wangsu Technology's stock has increased by 5.58%, reaching a price of 11.74 yuan per share, with a trading volume of 598 million yuan and a turnover rate of 2.25%, resulting in a total market capitalization of 28.874 billion yuan [1] - Wangsu Technology, established on January 26, 2000, and listed on October 30, 2009, is based in Shanghai and specializes in providing global content delivery network (CDN), internet data center (IDC) services, and cloud computing services [1] - The revenue composition of Wangsu Technology includes 64.34% from CDN and edge computing, 27.51% from security and value-added services, 5.36% from IDC and liquid cooling, and 2.79% from product sales and others [1] Group 2 - According to data, a fund under China International Capital Corporation (CICC) holds a significant position in Wangsu Technology, with the CICC CSI 500 A fund (003016) owning 655,900 shares, accounting for 0.97% of the fund's net value, making it the ninth largest holding [2] - The CICC CSI 500 A fund has a current scale of 524 million yuan and has achieved a return of 33.62% year-to-date, ranking 1432 out of 4218 in its category [2] - The fund manager, Geng Shuaijun, has been in position for 5 years and 7 days, with the best fund return during his tenure being 50.33% and the worst being -34.68% [2]

Group 1 - The core point of the news is that Wangsu Technology's stock price dropped by 5.04% to 10.92 CNY per share, with a trading volume of 1.042 billion CNY and a turnover rate of 4.05%, resulting in a total market capitalization of 26.857 billion CNY [1] - Wangsu Technology, established on January 26, 2000, and listed on October 30, 2009, specializes in providing global content delivery network (CDN), internet data center (IDC) services, and cloud computing services. The revenue composition is as follows: CDN and edge computing 64.34%, security and value-added services 27.51%, IDC and liquid cooling 5.36%, and merchandise sales and others 2.79% [1] Group 2 - From the perspective of major fund holdings, one fund under Guotai Haitong Asset Management heavily invested in Wangsu Technology. The Guotai Junan CSI 500 Index Enhanced A (014155) held 2.2942 million shares in the second quarter, accounting for 1.2% of the fund's net value, making it the second-largest holding. The estimated floating loss today is approximately 1.3306 million CNY [2] - The Guotai Junan CSI 500 Index Enhanced A (014155) was established on December 15, 2021, with a latest scale of 1.451 billion CNY. Year-to-date returns are 30.1%, ranking 1617 out of 4218 in its category; the one-year return is 37.9%, ranking 1403 out of 3865; and since inception, the return is 27.03% [2]

Group 1 - The core point of the news is that Wangsu Technology's stock price dropped by 5.04% to 10.92 CNY per share, with a trading volume of 1.039 billion CNY and a turnover rate of 4.04%, resulting in a total market capitalization of 26.857 billion CNY [1] - Wangsu Technology, established on January 26, 2000, and listed on October 30, 2009, is based in Shanghai and primarily provides content delivery network (CDN), internet data center (IDC), and cloud computing services [1] - The revenue composition of Wangsu Technology includes 64.34% from CDN and edge computing, 27.51% from security and value-added services, 5.36% from IDC and liquid cooling, and 2.79% from product sales and others [1] Group 2 - From the perspective of fund holdings, Wangsu Technology is the second-largest holding in the Guangfa Quantitative Multi-Factor Mixed Fund (005225), which held 695,800 shares, accounting for 0.89% of the fund's net value [2] - The Guangfa Quantitative Multi-Factor Mixed Fund has a total scale of 837 million CNY and has achieved a return of 46.79% this year, ranking 1061 out of 8160 in its category [2] - The fund managers, Yi Wei and Li Yuxin, have had varying performance, with Yi Wei achieving a best return of 65.93% and Li Yuxin achieving a best return of 96.32% during their respective tenures [2]

Core Viewpoint - Wangsu Technology's stock price has experienced fluctuations, with a recent decline of 2.00% and a total market capitalization of 27.718 billion yuan, while the company has shown a year-to-date stock price increase of 9.21% [1] Financial Performance - For the first half of 2025, Wangsu Technology reported operating revenue of 2.351 billion yuan, representing a year-on-year growth of 2.19%, and a net profit attributable to shareholders of 373 million yuan, which is a 25.33% increase compared to the previous year [2] Shareholder Information - As of September 20, 2025, the number of shareholders for Wangsu Technology increased to 178,000, with an average of 12,878 circulating shares per person, a slight decrease of 0.66% [2] - The company has distributed a total of 2.169 billion yuan in dividends since its A-share listing, with 1.338 billion yuan distributed in the last three years [3] Institutional Holdings - As of June 30, 2025, the second-largest circulating shareholder is E Fund's ChiNext ETF, holding 51.165 million shares, a decrease of 1.184 million shares from the previous period [3] - Southern CSI 500 ETF ranks as the fourth-largest circulating shareholder, increasing its holdings by 4.9685 million shares to 36.311 million shares [3]

Core Viewpoint - Wangsu Technology's stock price has shown fluctuations, with a recent decline of 2.01% and a year-to-date increase of 13.37%, indicating mixed market sentiment towards the company [1]. Financial Performance - For the first half of 2025, Wangsu Technology reported revenue of 2.351 billion yuan, a year-on-year increase of 2.19%, and a net profit attributable to shareholders of 373 million yuan, reflecting a significant growth of 25.33% [2]. - Cumulatively, since its A-share listing, Wangsu Technology has distributed a total of 2.169 billion yuan in dividends, with 1.338 billion yuan distributed over the past three years [3]. Shareholder Structure - As of September 20, 2025, the number of shareholders for Wangsu Technology reached 178,000, an increase of 0.67% from the previous period, while the average number of circulating shares per person decreased by 0.66% to 12,878 shares [2]. - The top ten circulating shareholders include notable ETFs, with E Fund's ChiNext ETF holding 51.165 million shares, a decrease of 1.184 million shares, and Southern's CSI 500 ETF increasing its holdings by 4.969 million shares to 36.311 million shares [3].

Core Viewpoint - Wangsu Technology's stock price has experienced fluctuations, with a recent decline of 2.01%, while the company has shown a year-to-date increase of 13.18% in stock price [1][2]. Financial Performance - For the first half of 2025, Wangsu Technology reported a revenue of 2.351 billion yuan, representing a year-on-year growth of 2.19%, and a net profit attributable to shareholders of 373 million yuan, which is a 25.33% increase compared to the previous year [2]. - Cumulative cash dividends since the company's A-share listing amount to 2.169 billion yuan, with 1.338 billion yuan distributed over the last three years [3]. Shareholder Structure - As of September 20, 2025, the number of shareholders for Wangsu Technology reached 178,000, an increase of 0.67% from the previous period, while the average circulating shares per person decreased by 0.66% to 12,878 shares [2]. - The top ten circulating shareholders include notable entities such as E Fund's ChiNext ETF and Southern CSI 500 ETF, with changes in their holdings noted [3].