1月26日，慧博云通跌3.11%，成交额5.80亿元。两融数据显示，当日慧博云通获融资买入额6207.35万 元，融资偿还5064.28万元，融资净买入1143.07万元。截至1月26日，慧博云通融资融券余额合计13.46 亿元。 分红方面，慧博云通A股上市后累计派现9632.16万元。 机构持仓方面，截止2025年9月30日，慧博云通十大流通股东中，香港中央结算有限公司位居第七大流 通股东，持股251.44万股，为新进股东。南方中证1000ETF（512100）位居第八大流通股东，持股 221.54万股，相比上期减少1.49万股。 责任编辑：小浪快报 融资方面，慧博云通当日融资买入6207.35万元。当前融资余额13.44亿元，占流通市值的7.04%，融资 余额超过近一年90%分位水平，处于高位。 融券方面，慧博云通1月26日融券偿还3100.00股，融券卖出100.00股，按当日收盘价计算，卖出金额 4773.00元；融券余量5.67万股，融券余额270.63万元，超过近一年90%分位水平，处于高位。 资料显示，慧博云通科技股份有限公司位于浙江省杭州市余杭区仓前街道欧美金融城2幢33层，成立日 期2009 ...

Group 1 - The core viewpoint of the news is that Huibo Yuntong's stock price increased by 5.06% to 51.50 CNY per share, with a trading volume of 1.287 billion CNY and a turnover rate of 6.52%, resulting in a total market capitalization of 20.806 billion CNY [1] - Huibo Yuntong Technology Co., Ltd. is located in Hangzhou, Zhejiang Province, and was established on March 30, 2009, with its listing date on October 13, 2022 [1] - The company's main business involves providing professional information technology outsourcing (ITO) services, which include software technology outsourcing services and mobile intelligent terminal testing services [1] Group 2 - The revenue composition of Huibo Yuntong's main business is as follows: software technology services account for 65.78%, professional technical services for 29.03%, product and solution services for 4.39%, and other services for 0.80% [1] - Among the top ten circulating shareholders of Huibo Yuntong, a fund under Southern Fund holds a position, specifically the Southern CSI 1000 ETF (512100), which reduced its holdings by 14,900 shares in the third quarter, now holding 2.2154 million shares, representing 0.91% of the circulating shares [2] - The Southern CSI 1000 ETF (512100) was established on September 29, 2016, with a latest scale of 76.63 billion CNY, and has achieved a year-to-date return of 4.96%, ranking 1463 out of 5509 in its category [2]

Group 1 - The core viewpoint of the news highlights the financial performance and trading activities of Huibo Yuntong, indicating a decline in stock price and significant trading volume on December 31 [1] - As of December 31, Huibo Yuntong's financing balance reached 11.56 billion yuan, with a net financing purchase of 135.24 million yuan for the day, reflecting a high level of financing activity [1] - The company reported a revenue of 1.621 billion yuan for the period from January to September 2025, representing a year-on-year growth of 34.31%, and a net profit attributable to shareholders of 74.09 million yuan, up 94.05% year-on-year [2] Group 2 - Huibo Yuntong has distributed a total of 96.32 million yuan in dividends since its A-share listing [3] - As of September 30, 2025, the company had 29,400 shareholders, with an average of 13,596 circulating shares per shareholder, indicating a slight increase in individual shareholding [2] - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited is the seventh largest with 2.5144 million shares, marking its entry as a new shareholder [3]

Core Viewpoint - HuiBo YunTong (SZ301316) reported significant growth in both revenue and profit for the first three quarters of 2025, indicating a strong performance despite some declines in specific profit metrics [1][2]. Financial Performance - The company's revenue for the first three quarters reached 1.62 billion yuan, a year-on-year increase of 34.31% [1]. - Net profit attributable to shareholders was 74.09 million yuan, up 94.05% year-on-year [1]. - The net profit excluding non-recurring items was 21.42 million yuan, showing a decline of 36.23% compared to the previous year [1]. - Basic earnings per share (EPS) stood at 0.18 yuan, reflecting a 92.87% increase year-on-year [1]. Quarterly Analysis - In Q3, the company achieved a revenue of 595 million yuan, a 35.75% increase year-on-year [2]. - The net profit for Q3 was 68.44 million yuan, marking a substantial increase of 466.92% year-on-year [2]. - The gross margin for the first three quarters was 21.32%, down 2.91 percentage points from the previous year [2]. - The net profit margin for the first three quarters was 4.63%, an increase of 1.19 percentage points year-on-year [2]. Expense Overview - Total operating expenses for the first three quarters amounted to 302 million yuan, an increase of 69.95 million yuan compared to the previous year [2]. - The expense ratio was 18.64%, a decrease of 0.60 percentage points year-on-year [2]. - Sales expenses increased by 10.74%, management expenses rose by 28.59%, R&D expenses grew by 33.27%, and financial expenses surged by 301.80% [2].

Core Viewpoint - Huibo Yuntong is a leading company in the information technology outsourcing service sector, with a strong focus on software technology outsourcing and mobile intelligent terminal testing services, achieving over 20% revenue growth in most of the past five years [1] Group 1: Business Performance - In Q3 2025, Huibo Yuntong achieved operating revenue of 1.621 billion yuan, ranking 30th in the industry, significantly lower than the top two competitors, Digital China (102.365 billion yuan) and Unisplendour (77.322 billion yuan) [2] - The net profit for the same period was 75.1024 million yuan, ranking 29th in the industry, again trailing behind Unisplendour (1.723 billion yuan) and Baoxin Software (1.133 billion yuan) [2] Group 2: Financial Ratios - As of Q3 2025, the asset-liability ratio was 39.24%, an increase from 32.61% in the previous year, slightly above the industry average of 38.93% [3] - The gross profit margin was 21.32%, down from 24.23% year-on-year and below the industry average of 29.96%, indicating a need for improvement in profitability [3] Group 3: Shareholder Information - As of September 30, 2025, the number of A-share shareholders decreased by 6.07% to 32,600, while the average number of circulating A-shares held per shareholder increased by 6.46% to 7,442.5 [5] - Notable changes among the top ten circulating shareholders include Hong Kong Central Clearing Limited entering as the seventh largest shareholder with 2.5144 million shares [5] Group 4: Strategic Initiatives - The company plans to acquire 67.91% of Baode Computer to enhance its "soft and hard integration" solutions and full-stack closed-loop ecosystem, while also expanding its global client base [5][6] - The company is pursuing a "2 + 3" strategy to provide enterprise-level AI intelligent agents and integrated solutions [5]

Group 1 - The core viewpoint of the news is that Huibo Yuntong's stock price increased by 5.06% to 54.81 CNY per share, with a trading volume of 369 million CNY and a turnover rate of 2.83%, resulting in a total market capitalization of 22.143 billion CNY [1] - Huibo Yuntong Technology Co., Ltd. is located in Hangzhou, Zhejiang Province, and was established on March 30, 2009, with its listing date on October 13, 2022 [1] - The company's main business involves providing professional Information Technology Outsourcing (ITO) services, which include software technology outsourcing services and mobile intelligent terminal testing services [1] Group 2 - The revenue composition of Huibo Yuntong's main business is as follows: software technology services account for 65.78%, professional technical services for 29.03%, product and solution services for 4.39%, and other services for 0.80% [1] - Among the top ten circulating shareholders of Huibo Yuntong, a fund under Southern Fund has increased its holdings in the Southern CSI 1000 ETF (512100) by 740,900 shares, bringing the total to 2,230,300 shares, which represents 0.92% of the circulating shares [2] - The Southern CSI 1000 ETF (512100) has a current scale of 64.953 billion CNY and has achieved a return of 27.01% this year, ranking 1958 out of 4218 in its category [2]

Core Insights - On October 10, Huibo Yuntong's stock fell by 3.48%, with a trading volume of 453 million yuan [1] - The company reported a financing buy-in of 25.27 million yuan and a financing repayment of 49.27 million yuan, resulting in a net financing outflow of 24 million yuan [1] - As of October 10, the total margin balance for Huibo Yuntong was 1.199 billion yuan, with a financing balance of 1.198 billion yuan, accounting for 9.67% of the circulating market value [1] Financing and Margin Data - On October 10, Huibo Yuntong had a financing buy-in of 25.27 million yuan, with a financing balance exceeding the 90th percentile of the past year [1] - The company had a margin repayment of 800 shares and a margin sell-out of 350 shares, with a sell-out amount of 17,900 yuan [1] - The margin balance was 910,900 yuan, which is below the 30th percentile of the past year [1] Company Overview - Huibo Yuntong Technology Co., Ltd. is located in Hangzhou, Zhejiang Province, and was established on March 30, 2009, with its listing date on October 13, 2022 [1] - The company specializes in providing professional IT outsourcing services, including software technology outsourcing and mobile intelligent terminal testing services [1] - The revenue composition includes software technology services (65.78%), professional technical services (29.03%), product and solution services (4.39%), and other services (0.80%) [1] Shareholder and Financial Performance - As of September 19, the number of Huibo Yuntong shareholders increased to 34,700, a rise of 3.37%, while the average circulating shares per person decreased by 3.26% to 6,991 shares [2] - For the first half of 2025, the company achieved a revenue of 1.026 billion yuan, representing a year-on-year growth of 33.50%, while the net profit attributable to the parent company was 5.65 million yuan, a decrease of 78.37% year-on-year [2] - Since its A-share listing, Huibo Yuntong has distributed a total of 96.32 million yuan in dividends [3]

Group 1 - The core viewpoint of the news is that Huibo Yuntong's stock price increased by 5.31% to 61.04 CNY per share, with a trading volume of 735 million CNY and a turnover rate of 5.15%, resulting in a total market capitalization of 24.66 billion CNY [1] - Huibo Yuntong Technology Co., Ltd. is located in Hangzhou, Zhejiang Province, and was established on March 30, 2009, with its listing date on October 13, 2022 [1] - The company's main business involves providing professional Information Technology Outsourcing (ITO) services, which include software technology outsourcing services and mobile intelligent terminal testing services [1] Group 2 - The revenue composition of Huibo Yuntong's main business is as follows: software technology services account for 65.78%, professional technical services for 29.03%, product and solution services for 4.39%, and other services for 0.80% [1] - Among the top ten circulating shareholders of Huibo Yuntong, a fund under Southern Fund has increased its holdings in the Southern CSI 1000 ETF (512100) by 740,900 shares in the second quarter, bringing its total holdings to 2,230,300 shares, which represents 0.92% of the circulating shares [2] - The Southern CSI 1000 ETF (512100) has a current scale of 64.95 billion CNY and has achieved a return of 28.17% this year, ranking 1822 out of 4222 in its category [2]

Core Viewpoint - The acquisition plan by Huibo Yuntong is seen as a strategic move to address its declining profits and enhance its business operations through the purchase of a significant stake in Baode Computer [1][2]. Group 1: Acquisition Details - Huibo Yuntong's affiliates and Zhejiang State-owned Assets Supervision and Administration Commission plan to jointly acquire 32.09% of Baode Computer's shares, with the company’s affiliate contributing 994 million yuan [1][3]. - The acquisition is based on an overall valuation of Baode Computer at 4.5 billion yuan, with the total investment from the affiliates amounting to approximately 1.444 billion yuan [3][4]. - The acquisition aims to resolve the financial issues of Baode Computer's major shareholder and reduce investment risks for Huibo Yuntong [1][6]. Group 2: Financial Performance - Huibo Yuntong's net profit has seen a significant decline, with a drop of over 20% expected in 2024 and a staggering 78% decrease in the first half of 2025, amounting to 5.6477 million yuan [1][9]. - Despite continuous revenue growth from 688 million yuan in 2020 to 1.743 billion yuan in 2024, the company's net profit has faced pressure, indicating a disconnect between revenue and profitability [9][10]. - Baode Computer, on the other hand, reported revenues exceeding 10 billion yuan in 2023 and 2024, with net profits of 201 million yuan and 235 million yuan respectively, showcasing its strong financial health [10]. Group 3: Strategic Implications - The acquisition is viewed as a critical step for Huibo Yuntong to transition from software services to a more integrated hardware-software business model, thereby expanding its operational scope and improving its industry positioning [10][11]. - The involvement of affiliates in the acquisition is seen as a strategy to mitigate risks associated with the investment in Baode Computer, which has been identified as having certain operational flaws [6][8].

Group 1 - The core viewpoint of the news is that Huibo Yuntong's stock price increased by 5.11% to 61.31 CNY per share, with a trading volume of 7.71 billion CNY and a turnover rate of 5.38%, resulting in a total market capitalization of 24.769 billion CNY [1] - Huibo Yuntong Technology Co., Ltd. is located in Hangzhou, Zhejiang Province, and was established on March 30, 2009, with its listing date on October 13, 2022 [1] - The company's main business involves providing professional Information Technology Outsourcing (ITO) services, which include software technology outsourcing services and mobile intelligent terminal testing services [1] Group 2 - The revenue composition of Huibo Yuntong's main business is as follows: software technology services account for 65.78%, professional technical services for 29.03%, product and solution services for 4.39%, and other services for 0.80% [1] - Southern Fund's Southern CSI 1000 ETF (512100) is among the top ten circulating shareholders of Huibo Yuntong, having increased its holdings by 740,900 shares in the second quarter, bringing its total to 2,230,300 shares, which represents 0.92% of the circulating shares [2] - The Southern CSI 1000 ETF has a current scale of 64.953 billion CNY and has achieved a return of 19.41% this year, ranking 1812 out of 4222 in its category [2]