鹏华智投数字经济混合A（020086）基金经理为苏俊杰。 截至发稿，苏俊杰累计任职时间7年300天，现任基金资产总规模249.24亿元，任职期间最佳基金回报 73.33%， 任职期间最差基金回报-21.6%。 风险提示：市场有风险，投资需谨慎。本文为AI大模型自动发布，任何在本文出现的信息（包括但不 限于个股、评论、预测、图表、指标、理论、任何形式的表述等）均只作为参考，不构成个人投资建 议。 11月24日，安恒信息涨5.01%，截至发稿，报53.24元/股，成交1.61亿元，换手率3.06%，总市值54.34亿 元。 资料显示，杭州安恒信息技术股份有限公司位于浙江省杭州市滨江区西兴街道联慧街188号，成立日期 2007年5月15日，上市日期2019年11月5日，公司主营业务涉及网络信息安全产品的研发、生产及销售, 并为客户提供专业的网络信息安全服务。主营业务收入构成为：网络信息安全服务36.78%，网络信息 安全平台36.67%，网络信息安全基础产品20.36%，第三方硬件产品3.41%，其他2.42%，其他(补 充)0.35%。 从基金十大重仓股角度 数据显示，鹏华基金旗下1只基金重仓安恒信息。鹏华智投数 ...

分红方面，安恒信息A股上市后累计派现4281.48万元。近三年，累计派现0.00元。 安恒信息今年以来股价涨26.84%，近5个交易日跌5.34%，近20日跌3.18%，近60日跌15.77%。 机构持仓方面，截止2025年9月30日，安恒信息十大流通股东中，万家优选（161903）位居第三大流通 股东，持股500.00万股，持股数量较上期不变。万家自主创新混合A（008120）位居第六大流通股东， 持股300.00万股，持股数量较上期不变。香港中央结算有限公司位居第八大流通股东，持股220.16万 股，相比上期增加133.01万股。万家经济新动能混合A（005311）位居第九大流通股东，持股150.00万 股，相比上期减少10.00万股。 今年以来安恒信息已经2次登上龙虎榜，最近一次登上龙虎榜为2月6日。 资料显示，杭州安恒信息技术股份有限公司位于浙江省杭州市滨江区西兴街道联慧街188号，成立日期 2007年5月15日，上市日期2019年11月5日，公司主营业务涉及网络信息安全产品的研发、生产及销售, 并为客户提供专业的网络信息安全服务。主营业务收入构成为：网络信息安全服务36.78%，网络信息 安全平台3 ...

Core Viewpoint - Anheng Information's stock price has experienced fluctuations, with a year-to-date increase of 24.22%, but recent declines in the short term [1][2]. Group 1: Stock Performance - On October 21, Anheng Information's stock fell by 2.03%, trading at 50.68 CNY per share, with a total market capitalization of 5.173 billion CNY [1]. - The stock has seen a net outflow of 4.3435 million CNY in principal funds, with significant selling pressure in the last trading session [1]. - Year-to-date, the stock has risen by 24.22%, but it has declined by 1.21% over the last five trading days, 5.11% over the last 20 days, and 7.69% over the last 60 days [1]. Group 2: Financial Performance - For the first half of 2025, Anheng Information reported a revenue of 733 million CNY, reflecting a year-on-year growth of 5.05%, while the net profit attributable to shareholders was -194 million CNY, showing a year-on-year increase of 29.57% [2]. - The company has cumulatively distributed 42.8148 million CNY in dividends since its A-share listing, with no dividends paid in the last three years [3]. Group 3: Shareholder Information - As of June 30, 2025, Anheng Information had 13,600 shareholders, an increase of 4.05% from the previous period, with an average of 7,521 circulating shares per shareholder, a decrease of 3.89% [2]. - The top ten circulating shareholders include Wan Jia You Xuan and Wan Jia Zi Zhu Chuang Xin Mixed A, with stable holdings compared to the previous period [3].

Core Viewpoint - Anheng Information's stock price has experienced a decline recently, with a year-to-date increase of 21.72% but a significant drop in the last five, twenty, and sixty trading days [1][2] Financial Performance - For the first half of 2025, Anheng Information reported revenue of 733 million yuan, representing a year-on-year growth of 5.05%, while the net profit attributable to shareholders was -194 million yuan, showing a year-on-year increase of 29.57% [2] Stock Market Activity - As of October 17, Anheng Information's stock price was 49.66 yuan per share, with a market capitalization of 5.069 billion yuan. The stock has seen a net outflow of 3.7023 million yuan in principal funds [1] - The stock has been on the龙虎榜 (top trading list) twice this year, with the most recent occurrence on February 6 [1] Shareholder Information - As of June 30, 2025, Anheng Information had 13,600 shareholders, an increase of 4.05% from the previous period. The average number of circulating shares per shareholder was 7,521, a decrease of 3.89% [2][3] - The top ten circulating shareholders include 万家优选 (Wanjia Youxuan) holding 5 million shares, and new shareholder 香港中央结算有限公司 (Hong Kong Central Clearing Limited) holding 871,500 shares [3] Dividend Information - Anheng Information has distributed a total of 42.8148 million yuan in dividends since its A-share listing, with no dividends paid in the last three years [3] Business Overview - Anheng Information, established on May 15, 2007, specializes in the research, production, and sales of network information security products, with a revenue composition of 36.78% from network information security services, 36.67% from platforms, and 20.36% from basic products [1]

Core Viewpoint - Anheng Information's stock has experienced fluctuations, with a year-to-date increase of 24.78% but a recent decline over various trading periods, indicating potential volatility in its market performance [1]. Financial Performance - As of June 30, Anheng Information reported a revenue of 733 million yuan for the first half of 2025, reflecting a year-on-year growth of 5.05%. However, the company recorded a net profit attributable to shareholders of -194 million yuan, which is a significant improvement with a year-on-year increase of 29.57% [2]. Shareholder Information - The number of shareholders for Anheng Information reached 13,600 as of June 30, marking a 4.05% increase from the previous period. The average number of circulating shares per shareholder decreased by 3.89% to 7,521 shares [2]. Dividend Distribution - Since its A-share listing, Anheng Information has distributed a total of 42.81 million yuan in dividends, with no dividends paid out in the last three years [3]. Major Shareholders - As of June 30, 2025, the top ten circulating shareholders include Wan Jia You Xuan, holding 5 million shares, and Wan Jia Zi Zhu Chuang Xin Mixed A, holding 3 million shares, both maintaining their holdings from the previous period. Additionally, Hong Kong Central Clearing Limited entered the list as a new shareholder with 871,500 shares [3].

Core Insights - The company, Anheng Information, is a leading enterprise in the domestic network security and data security industry, with a strong focus on AI-driven development strategies [1][4] - The Chinese network security market is projected to grow from $11 billion in 2023 to $17.1 billion by 2028, with a compound annual growth rate (CAGR) of 9.2% [1] - Anheng's AI capabilities are integrated into its security products, enhancing their intelligence and effectiveness, which is expected to drive new growth in the company's network security business [2][3] Company Overview - Anheng Information has been deeply involved in the network security and data security industry for nearly 20 years, with a comprehensive product system that includes network information security platforms, basic security products, and security services [1] - The company aims to create an "AI + product" system, focusing on making security smarter and intelligence safer [1] Market Growth - The data security market in China is expected to reach an investment scale of 17.3 billion yuan by 2028, with data security software projected to reach 14.6 billion yuan [2] - Anheng Information ranks third among domestic data security software vendors and second in the database auditing market [2] AI Integration - The company launched its first large AI model, Hengnao, in 2023, and plans to release the domestic first security AI model, Hengnao 3.0, by May 2025 [2] - The market for security AI applications is expected to reach $1.6 billion by 2028, with a CAGR exceeding 230% [2] Financial Performance - In the first half of 2025, the company reported a 25% increase in data security contract amounts and nearly 70% growth in managed security service (MSS) revenue [3] - The overall revenue from the core area of domestic innovation (信创) is expected to grow by 65% year-on-year [3] - The company anticipates a significant reduction in losses, with total expenses decreasing by over 8% in the first half of 2025 [3] Investment Outlook - Anheng Information is expected to achieve new growth driven by its AI-enabled products, solidifying its market leadership [4] - Earnings per share (EPS) forecasts for 2025, 2026, and 2027 are projected at 0.26, 0.74, and 1.25 yuan, respectively, with corresponding price-to-earnings (P/E) ratios of 197.94, 69.41, and 41.05 [4]

Core Viewpoint - Anheng Information's stock price has experienced fluctuations, with a year-to-date increase of 29.17% but a recent decline in the last five trading days [1] Group 1: Stock Performance - As of October 14, Anheng Information's stock price was 52.70 CNY per share, with a market capitalization of 5.379 billion CNY [1] - The stock has seen a net outflow of 12.50 million CNY in principal funds, with significant selling pressure [1] - Year-to-date, the stock has risen by 29.17%, but it has decreased by 0.32% over the last five trading days, 4.18% over the last 20 days, and 2.43% over the last 60 days [1] Group 2: Company Overview - Anheng Information, established on May 15, 2007, and listed on November 5, 2019, specializes in the research, production, and sales of network information security products [1] - The company's revenue composition includes 36.78% from network information security services, 36.67% from network information security platforms, 20.36% from basic security products, 3.41% from third-party hardware, and 2.42% from other sources [1] Group 3: Financial Performance - For the first half of 2025, Anheng Information reported a revenue of 733 million CNY, reflecting a year-on-year growth of 5.05%, while the net profit attributable to shareholders was -194 million CNY, showing a year-on-year increase of 29.57% [2] - The company has not distributed any dividends in the last three years, with a total payout of 42.81 million CNY since its A-share listing [3] Group 4: Shareholder Information - As of June 30, 2025, Anheng Information had 13,600 shareholders, an increase of 4.05% from the previous period, with an average of 7,521 shares held per shareholder, a decrease of 3.89% [2] - Notable shareholders include Wan Jia You Xuan and Wan Jia Zi Zhu Chuang Xin He, with holdings remaining unchanged, while Hong Kong Central Clearing Limited entered as a new shareholder [3]

Core Viewpoint - Anheng Information's stock price has shown fluctuations, with a year-to-date increase of 29.78% but a recent decline of 10.78% over the past 20 days [2]. Group 1: Stock Performance - On September 26, Anheng Information's stock price decreased by 2.02%, reaching 52.95 CNY per share, with a trading volume of 34.73 million CNY and a turnover rate of 0.64% [1]. - Year-to-date, Anheng Information's stock has risen by 29.78%, with a recent 5-day increase of 0.84%, a 20-day decline of 10.78%, and a 60-day increase of 3.52% [2]. Group 2: Financial Performance - For the first half of 2025, Anheng Information reported a revenue of 733 million CNY, reflecting a year-on-year growth of 5.05%, while the net profit attributable to shareholders was -194 million CNY, showing a year-on-year increase of 29.57% [2]. Group 3: Shareholder Information - As of June 30, 2025, Anheng Information had 13,600 shareholders, an increase of 4.05% from the previous period, with an average of 7,521 circulating shares per shareholder, a decrease of 3.89% [2]. - The company has distributed a total of 42.81 million CNY in dividends since its A-share listing, with no dividends paid in the last three years [3]. Group 4: Institutional Holdings - As of June 30, 2025, the top ten circulating shareholders included Wan Jia You Xuan (holding 5 million shares) and Wan Jia Zi Zhu Chuang Xin Mixed A (holding 3 million shares), with no changes in their holdings [3].

Core Viewpoint - Anheng Information's stock price has shown fluctuations, with a year-to-date increase of 28.92% but a recent decline in the last five and twenty trading days [1][2]. Company Overview - Anheng Information Technology Co., Ltd. was established on May 15, 2007, and went public on November 5, 2019. The company is based in Hangzhou, Zhejiang Province, and specializes in the research, production, and sales of network information security products, as well as providing professional network information security services [1]. - The revenue composition of Anheng Information includes: 36.78% from network information security services, 36.67% from network information security platforms, 20.36% from basic network information security products, 3.41% from third-party hardware products, and 2.42% from other sources [1]. Financial Performance - For the first half of 2025, Anheng Information reported a revenue of 733 million yuan, representing a year-on-year growth of 5.05%. However, the net profit attributable to the parent company was -194 million yuan, which is a 29.57% increase compared to the previous period [2]. - Since its A-share listing, Anheng Information has distributed a total of 42.81 million yuan in dividends, with no dividends paid in the last three years [3]. Shareholder Structure - As of June 30, 2025, Anheng Information had 13,600 shareholders, an increase of 4.05% from the previous period. The average number of tradable shares per shareholder was 7,521, a decrease of 3.89% [2]. - The top ten circulating shareholders include Wan Jia You Xuan (holding 5 million shares) and Wan Jia Zi Zhu Chuang Xin Mixed A (holding 3 million shares), with no changes in their holdings compared to the previous period. Hong Kong Central Clearing Limited is a new shareholder, holding 871,500 shares [3].

Core Viewpoint - Anheng Information's stock price has shown significant fluctuations, with a year-to-date increase of 31.25% but a recent decline of 9.77% over the past five trading days [1] Company Overview - Anheng Information Technology Co., Ltd. was established on May 15, 2007, and went public on November 5, 2019. The company specializes in the research, production, and sales of network information security products, as well as providing professional network information security services [1] - The company's revenue composition includes: 36.78% from network information security services, 36.67% from network information security platforms, 20.36% from basic network information security products, 3.41% from third-party hardware products, and 2.42% from other sources [1] Financial Performance - For the first half of 2025, Anheng Information reported revenue of 733 million yuan, representing a year-on-year growth of 5.05%. However, the company experienced a net loss attributable to shareholders of 194 million yuan, which is an increase in loss of 29.57% compared to the previous period [2] - Since its A-share listing, Anheng Information has distributed a total of 42.81 million yuan in dividends, with no dividends paid in the last three years [3] Shareholder Information - As of June 30, 2025, the number of shareholders for Anheng Information was 13,600, an increase of 4.05% from the previous period. The average number of tradable shares per shareholder decreased by 3.89% to 7,521 shares [2] - The top ten circulating shareholders include Wan Jia You Xuan and other funds, with notable changes in holdings among some shareholders [3]