证券日报网讯电科网安（002268）9月26日在互动平台回答投资者提问时表示，公司上半年营业收入同 比下降主要受下游客户需求恢复释放较慢的影响。公司持续加大密码等核心领域研发投入，坚定布局密 码、网络安全和数据安全三大板块，加速发展商用密码、安全保密、安全服务、安全应用、数据安全、 安全芯片重点业务，积极培育车联网、卫星互联网等新业务，加快低空经济、人工智能等领域网络安全 业务的论证与布局。 ...

Group 1 - The company held a half-year performance briefing on September 22, 2025, attended by key executives to interact with investors and address their concerns [1][2] - The company is strategically entering the low Earth orbit satellite communication sector, which is expected to become a new growth engine due to its vast market potential [3] - The company's subsidiary, Datang Microelectronics, reported a revenue of 214 million yuan and a net profit of 74.16 million yuan in the first half of the year, indicating strong profitability in the security chip business [3] Group 2 - The domestic security chip market is experiencing significant growth opportunities due to accelerated localization and increasing data security demands, with the company leveraging its two decades of technological accumulation [3] - The company has subsidiaries recognized as "specialized and innovative" enterprises, enhancing its reputation in the industry [3] - The company is monitoring the development of eSIM technology and plans to adapt its business strategy accordingly to maintain market competitiveness [4]

截至6月30日，国民技术股东户数16.00万，较上期减少2.33%；人均流通股3539股，较上期增加2.25%。 2025年1月-6月，国民技术实现营业收入6.32亿元，同比增长22.74%；归母净利润-3678.19万元，同比增 长72.54%。 分红方面，国民技术A股上市后累计派现2.11亿元。近三年，累计派现0.00元。 机构持仓方面，截止2025年6月30日，国民技术十大流通股东中，南方中证1000ETF（512100）位居第 一大流通股东，持股538.88万股，相比上期增加102.43万股。华夏中证1000ETF（159845）位居第二大 流通股东，持股317.76万股，相比上期增加75.63万股。香港中央结算有限公司位居第五大流通股东，持 股278.11万股，相比上期减少106.27万股。广发中证1000ETF（560010）位居第七大流通股东，持股 254.81万股，相比上期增加55.92万股。华夏创成长ETF（159967）位居第八大流通股东，持股134.98万 股，为新进股东。富国中证1000ETF（159629）位居第九大流通股东，持股100.14万股，为新进股东。 责任编辑：小浪快报 9 ...

本文来自：中国网信网 杨建文指出，当前，随着数字经济与实体经济深度融合，网络安全需求正从"合规驱动"向"风险驱动"加 速转型，这不仅是产业发展的核心方向，更是应对复杂网络环境的必然选择，需要"三方联动、共同发 力"。行业主管部门要为产业转型提供"实打实"支撑，为网信企业提供更好的政策环境，推动产业高质 量发展，鼓励企业参与标准制定。头部企业需扛起"卡脖子"技术攻关责任，聚焦芯片等关键领域，联合 高校院所打造创新联合体，加速研发自主可控安全芯片以突破垄断，通过"传帮带"助力中小微企业提升 安全能力。行业协会要发挥"桥梁纽带"作用，通过建设网络安全人才库、构建"威胁情报共享"等方式， 优化协同沟通机制。 9月15日，2025年国家网络安全宣传周网络安全企业家座谈会在昆明滇池国际会展中心举行。会议由中 央网信办副主任、国家网信办副主任杨建文主持。 会上，中国联通、中电科、中电子、商汤科技、启明星辰、亚信安全、绿盟科技、安恒、安天科技、恒 安嘉新、拼多多、百度、华为、小鹏汽车、科大讯飞、每日互动等16家企业负责人围绕"转型关键要 素""破解行业内卷""助力企业出海"三大议题，就网络安全产业高质量发展建言献策。 中央网 ...

Group 1 - The stock price of Guomin Technology increased by 2.02% on September 11, reaching 25.22 CNY per share, with a trading volume of 304 million CNY and a turnover rate of 2.16%, resulting in a total market capitalization of 14.706 billion CNY [1] - Year-to-date, Guomin Technology's stock price has risen by 5.79%, with a 1.90% increase over the last five trading days, a 0.63% decrease over the last 20 days, and a 9.27% increase over the last 60 days [1] - Guomin Technology has appeared on the "Dragon and Tiger List" twice this year, with the most recent occurrence on April 9, where it recorded a net purchase of 200 million CNY [1] Group 2 - Guomin Technology, established on March 20, 2000, and listed on April 30, 2010, is based in Shenzhen, Guangdong Province, and specializes in the development and sales of security and communication chip products and solutions [2] - The company's main business revenue composition includes integrated circuits and key components (50.98%), negative electrode materials (46.02%), and others (3.00%) [2] - As of June 30, 2025, Guomin Technology reported a revenue of 632 million CNY, representing a year-on-year growth of 22.74%, while the net profit attributable to shareholders was -36.78 million CNY, showing a year-on-year increase of 72.54% [2] Group 3 - Since its A-share listing, Guomin Technology has distributed a total of 211 million CNY in dividends, with no dividends paid in the last three years [3] - As of June 30, 2025, the largest circulating shareholder of Guomin Technology is the Southern CSI 1000 ETF, holding 5.3888 million shares, an increase of 1.0243 million shares compared to the previous period [3] - New shareholders include the Huaxia Growth ETF, holding 1.3498 million shares, and the Fortune CSI 1000 ETF, holding 1.0014 million shares [3]

Core Viewpoint - Ant Group is accelerating its semiconductor strategy through significant investments in key areas of the chip industry, highlighting its focus on new storage, network hardware, and edge computing as essential components of its "AI First" strategy and the establishment of a self-sufficient chip ecosystem [2][3]. Investment Activities - In the past week, Ant Group completed three major investments in the semiconductor sector, including stakes in Innostar Semi (ReRAM storage), YeZhiXin Technology (AI edge chips), and an increased stake in Clounix (high-end network chips) [2]. - In 2024, Ant Group participated in the B round financing of Metax Tech (AI chip manufacturer) and led a significant A3 round financing for MUCSE (security chips) [2]. Strategic Shift - The investments in 2025 mark a strategic shift for Ant Group, moving from a focus solely on cloud AI chips to a broader coverage of "infrastructure + frontier technology + edge applications," aiming to build a self-sufficient ecosystem aligned with its core business [3]. - An Ant Group investment executive emphasized the importance of strategic investments as a responsibility for large tech companies with abundant resources, driven by the ongoing technological revolution led by AI [3]. Industry Context - Other Chinese tech giants, such as ByteDance and Tencent, are also making bold semiconductor investments, indicating a competitive landscape in the sector [3]. - ByteDance invested in Innostar Semi in 2024 and has previously supported various chip developers, while Tencent has backed AI computing companies and increased its stake in IC design firms [4].

Group 1 - Company announced the conditional agreement to sell 16% equity stake in S2C Shanghai for RMB 211,665,760, constituting a major transaction that requires compliance with listing rules [2] - The sale aims to provide strategic guidance and industry expertise to S2C Shanghai, facilitating the discovery of new business opportunities and strategic partnerships [2] - The net proceeds from the equity transfer, estimated at approximately USD 26.6 million, will be used for general working capital and to enhance the group's cash flow for further development [2] Group 2 - Company is a leading manufacturer of conditional access cards, providing advanced security products to pay-TV operators across 46 countries, holding a significant market share [3] - Company focuses on self-designed security chips to meet the growing security and functionality demands of pay-TV operators [3] - Company is involved in the research and production of third-generation semiconductor products to satisfy market needs for high-performance semiconductor solutions [3]

Core Viewpoint - The strategic investment by Kela Software in security chips and the integration of secure databases with security chips addresses critical issues in China's digital security landscape, particularly the reliance on foreign technology and the need for self-sufficiency in key technologies [1][2]. Group 1: Challenges and Necessity - Database security is essential for national security and economic stability, especially in critical infrastructure sectors like finance and energy, yet China faces significant challenges in self-sufficiency and security threats [2]. - The reliance on foreign technologies for financial-grade databases and high-end security chips poses risks, particularly in the event of international tensions [2]. - The collaboration between Kela Software and Dosi Technology aims to address the performance bottlenecks of traditional database protection methods by integrating hardware-level security with database systems [2]. Group 2: Strategic Significance - The partnership is a crucial step in advancing China's information technology application innovation (信创产业), contributing to technological independence and national security [3]. - The integration of secure databases and security chips creates a "soft and hard" defense system, enhancing the protection of critical information infrastructure [4]. - The collaboration aligns with national policies and is likely to attract government support, reducing investment uncertainties [4]. Group 3: Technological Innovation - The innovative aspect of this collaboration lies in the first-time integration of security chips with databases, creating a new paradigm that balances high performance and security [5][6]. - Dosi Technology's reconfigurable logic technology allows for dynamic adaptation to various security scenarios, enhancing the overall efficiency and security of financial transactions [5]. - The collaboration is expected to set new industry standards and support emerging technologies like 6G and the metaverse [6]. Group 4: Industrial Ecosystem - The partnership aims to build a closed-loop ecosystem that covers the entire process from research and development to application, addressing the fragmentation in the industry [7]. - By integrating resources across the supply chain, the collaboration seeks to reduce costs and accelerate commercialization in the financial sector [7]. - The initiative is expected to stimulate the development of related industries, potentially creating a market worth hundreds of billions [7][8]. Group 5: Economic and Social Impact - The domestic production of security chips is projected to reduce deployment costs for secure databases by over 30%, facilitating cloud adoption for small and medium enterprises [9]. - The collaboration represents a significant step in the development of the信创产业, promoting technological self-reliance and enhancing data privacy protections [9]. - The initiative is anticipated to create new job opportunities in the fields of security chips and secure databases, addressing structural employment challenges [9]. Conclusion and Outlook - The collaboration between Kela Software and Dosi Technology not only represents corporate innovation but also embodies national strategic goals, aiming to reshape the global security technology landscape and transition China from a follower to a leader in this domain [10].

Core Viewpoint - The company, Guomin Technology, experienced a decline in stock price and trading volume on August 29, with a drop of 3.42% and a trading volume of 1.437 billion yuan, indicating potential investor concerns [1] Financing and Margin Trading - On August 29, Guomin Technology had a financing buy amount of 119 million yuan and a financing repayment of 159 million yuan, resulting in a net financing outflow of 40.08 million yuan [1] - The total margin trading balance for Guomin Technology as of August 29 was 1.043 billion yuan, with the financing balance accounting for 6.52% of the circulating market value, indicating a high level of financing activity compared to the past year [1] - The company had a margin balance of 1.8427 million yuan with a remaining short selling volume of 67,300 shares, which is below the 30th percentile of the past year, suggesting low short selling activity [1] Financial Performance - For the first half of 2025, Guomin Technology reported a revenue of 632 million yuan, representing a year-on-year growth of 22.74%, while the net profit attributable to shareholders was a loss of 36.78 million yuan, but this loss decreased by 72.54% compared to the previous year [2] Shareholder Structure - As of June 30, 2025, Guomin Technology had 160,000 shareholders, a decrease of 2.33% from the previous period, with an average of 3,539 circulating shares per shareholder, which increased by 2.25% [2] - The top circulating shareholders include Southern CSI 1000 ETF, which increased its holdings by 1.0243 million shares, and Huaxia CSI 1000 ETF, which increased by 756,300 shares, indicating growing institutional interest [3]

Core Insights - The collaboration between Kela Software and Duosi Technology aims to address the challenges in database security, particularly the lack of self-controllability and increasing security threats in China [2][3] - Kela Software's strategic investment in Duosi Technology is seen as a significant step towards overcoming "bottleneck" technology issues and promoting the development of the domestic innovation industry [1][3] Financial Performance - Kela Software reported a revenue of 312 million yuan for the first half of 2025 [1] Industry Challenges - The database security sector in China is dominated by foreign vendors, with domestic companies facing risks of supply chain disruptions in core technologies [2] - High-end security chip components are heavily reliant on imports, posing risks to critical systems [2] - Traditional database protection is increasingly vulnerable to advanced persistent threats (APTs), necessitating a more integrated approach to security [2] Technological Innovation - The partnership focuses on creating a "hard and software integrated" defense system to protect critical national information infrastructure [3] - Duosi Technology's unique dynamic reconfiguration technology allows for the establishment of a trusted execution environment (TEE) within the database kernel, enhancing security [3][4] - The integration of security chips with databases enables real-time data encryption, effectively countering potential threats from quantum computing [3] Strategic Significance - The collaboration is expected to drive the domestic production of security chips, which is crucial for national strategic autonomy [3][4] - The innovative integration model is anticipated to set new industry standards and facilitate advancements in emerging fields such as 6G communication and the metaverse [4] Industry Ecosystem Development - The partnership aims to create a comprehensive industrial ecosystem that integrates chip research, database adaptation, and financial applications [5][6] - By collaborating with financial institutions, the companies aim to shorten the commercialization cycle and alleviate the high costs associated with chip development [6] Economic and Social Impact - The domestic production of security chips is projected to reduce database deployment costs by over 30%, facilitating digital transformation for small and medium enterprises [7] - The collaboration aligns with national economic transformation goals, promoting technological self-reliance and enhancing data privacy protections [7][8] - The initiative is expected to contribute to the cultivation of skilled technical talent and reduce the digital divide, allowing more groups to benefit from the digital economy [7][8]