Core Insights - The company reported a revenue of 2.351 billion yuan for the first half of 2025, representing a year-on-year growth of 2.19% [1] - The net profit attributable to shareholders reached 373 million yuan, showing a significant increase of 25.33% year-on-year [1] - Operating cash flow net amount was 376 million yuan, reflecting a robust growth of 52.41% compared to the previous year [1] Business Development - The company achieved notable progress in overseas market expansion, security business development, and technological innovation [1] - It actively expanded into Southeast Asia and the Middle East, establishing a subsidiary in Dubai to enhance overseas service capabilities [1] - The company focused on its core businesses of CDN and edge computing, optimizing its business structure by divesting from MSP operations and selling shares in Cloudsway Pte. Ltd. [1] Security Business - The security business segment generated revenue of 646.71 million yuan in the first half of 2025, marking a year-on-year increase of 13.96% [1] - The company launched a deep assessment service for large model security, providing a comprehensive security solution for large language models and AI applications [2] - The company was positioned as a leader in the IDC MarketScape for Chinese intelligent security access service edge vendors in 2025 [2] Technological Innovation - The company upgraded its next-generation edge AI platform, focusing on a four-layer capability matrix of "resources-model-services-applications" [2] - It developed core products such as edge AI gateways, edge model inference, and edge AI applications, enhancing its technical strength and market competitiveness in edge computing [2] - The company introduced a restricted stock incentive plan in 2025, with share-based payment costs amounting to 65.58 million yuan, an increase of 19.10 million yuan year-on-year [2] Company Overview - Founded in January 2000, the company aims to become a global leader in IT infrastructure services [2] - It leverages core technologies and service capabilities in computing, storage, networking, and security to provide efficient, stable, and secure IT infrastructure and services for internet, government, and enterprise clients [2]

21世纪经济报道记者彭新 北京报道 网宿科技（300017.SZ）最新半年报充分展现了其业务结构的重大变化。 8月14日晚，公司披露2025年半年报，上半年公司实现营业收入23.51亿元，同比增长2.19%；归母净利 润3.73亿元，同比增长25.33%；综合毛利率升至33.44%，同比提升3个百分点。 支撑毛利改善的，不是传统CDN，而是被单列出来的高毛利的安全与增值业务。 作为国内最大的第三方CDN提供商，网宿曾经九成营收来自CDN。随着互联网巨头自建网络，以及行 业价格战延续，"免费/超低价"等极端竞争阶段性出现，CDN盈利空间被持续压缩。 2025年上半年，公司CDN及边缘计算收入降至15.12亿元、同比-4.03%，占比创历史新低至64%。 此次财报将"安全及增值服务"自CDN口径中拆分，实质上传递了经营重心迁移信号：从CDN分发转 向"分发+安全"的组合。 同时，网宿计划降低对专注于液冷技术和数据中心解决方案子公司绿色云图的持股比重，通过增资扩股 与股权转让引入外部资本，网宿对绿色云图持股比重将由57.81%降至29.43%，不再并表。 通过轻资产化和聚焦高毛利业务的路径，网宿为转型进一步腾挪资源 ...

证券代码：300017 证券简称：网宿科技 公告编号：2025-064 一、重要提示 本半年度报告摘要来自半年度报告全文，为全面了解本公司的经营成果、财务状况及未来发展规划，投 资者应当到证监会指定媒体仔细阅读半年度报告全文。 所有董事均已出席了审议本报告的董事会会议。 非标准审计意见提示 □适用 √不适用 董事会审议的报告期利润分配预案或公积金转增股本预案 □适用 √不适用 公司计划不派发现金红利，不送红股，不以公积金转增股本。 董事会决议通过的本报告期优先股利润分配预案 □适用 √不适用 二、公司基本情况 1、公司简介 ■ 3、公司股东数量及持股情况 单位：股 ■ 持股5%以上股东、前10名股东及前10名无限售流通股股东参与转融通业务出借股份情况 □适用 √不适用 前10名股东及前10名无限售流通股股东因转融通出借/归还原因导致较上期发生变化 □适用 √不适用 公司是否具有表决权差异安排 ■ 2、主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 □是 √否 6、在半年度报告批准报出日存续的债券情况 □是 √否 4、控股股东或实际控制人变更情况 控股股东报告期内变更 □适用 √不适用 目前， ...

| | | | 网宿科技股份有限公司 | | 2025 | 年半年度报告 | | --- | --- | --- | --- | --- | --- | --- | | 摘要 | | | | | | | | 证券简称：网宿科技 | 证券代码：300017 | | | | | 公告编 | | 号：2025-064 | | | | | | | | 2025 年半年度报告摘要 | 网宿科技股份有限公司 | | | | | | | 一、重要提示 | | | | | | | | 本半年度报告摘要来自半年度报告全文，为全面了解本公司的经营成果、财务状况及未来发展规划，投 | | | | | | | | 资者应当到证监 | | | | | | | | 会指定媒体仔细阅读半年度报告全文。 | | | | | | | | 所有董事均已出席了审议本报告的董事会会议。 | | | | | | | | 非标准审计意见提示 | | | | | | | | □适用 | ?不适用 | | | | | | | 董事会审议的报告期利润分配预案或公积金转增股本预案 | | | | | | | | □适用 | ?不适用 | | | | | | | ...

Financial Performance - In 2024, the company achieved a revenue of CNY 4.932 billion, representing a year-on-year growth of 4.81% [10] - The net profit for 2024 was CNY 675 million, with a year-on-year increase of 10.02% [10] - In Q1 2025, the revenue reached CNY 1.235 billion, showing a year-on-year growth of 10.26% [10] - The net profit for Q1 2025 was CNY 192 million, reflecting a year-on-year increase of 38.54% [10] Research and Development - In 2024, the company invested CNY 447 million in R&D, accounting for 9.07% of its revenue [2] - By the end of 2024, the R&D personnel numbered 753, making up 46.83% of the total workforce [2] Strategic Focus - The company will continue to focus on high-quality business development and precision operations, emphasizing CDN and edge computing as core areas [3][8] - Plans include increasing investment in key technology areas and actively embracing AI to seize industry opportunities [3][8] Cash Management and Investments - The company has approximately CNY 6 billion in cash for financial management [4] - As of March 31, 2025, the total amount of financial management funds (excluding deposits) was about CNY 4.6 billion [4] - The company is exploring strategic investments and acquisitions in high-tech companies related to its business [2][4] Market Presence - In 2024, overseas revenue was CNY 2.8437797 billion, accounting for 57.66% of total revenue [7][13] - The company is actively expanding its presence in the "Belt and Road" markets [3][13] Shareholder Engagement - The company plans to distribute a cash dividend of CNY 2.5 per 10 shares, totaling CNY 611 million, which represents 90.59% of the net profit for 2024 [10][11] - The company has implemented two share repurchase plans, with a total of 25.12 million shares repurchased for employee incentive plans [4][10] Risk Management - The company is closely monitoring the impact of international tariffs and has not experienced direct effects from the current trade tensions [7][13] - Financial investments are being made in low to medium-risk products, with strict evaluation processes in place [14]

Group 1: Financial Performance - In 2024, the company achieved operating revenue of 4.932 billion yuan, a year-on-year increase of 4.81% [1] - Net profit for 2024 was 675 million yuan, reflecting a growth of 10.02% [1] - The net profit after deducting non-recurring gains and losses was 520 million yuan, up 27.46% year-on-year [1] - As of the end of 2024, total assets reached 10.24 billion yuan, a growth of 10.24% compared to the previous year [1] - The net assets attributable to shareholders of the listed company were 9.891 billion yuan, an increase of 2.76% [1] - In Q1 2025, operating revenue was 1.235 billion yuan, a year-on-year increase of 10.26% [2] - Q1 2025 net profit was 192 million yuan, up 38.54% year-on-year [2] - The net profit after deducting non-recurring gains and losses for Q1 2025 was 150 million yuan, reflecting a growth of 52.60% [2] Group 2: Overseas Business Development - In 2024, overseas revenue was 2.844 billion yuan, accounting for 57.66% of total operating revenue [2] - The company aims to enhance resource, technical service, operational capacity, and market development in overseas markets [2] - Future plans include expanding product offerings in Southeast Asia and along the Belt and Road Initiative [2] Group 3: Strategic Focus and Investments - The company maintains a conservative investment approach, focusing on strategic mergers and acquisitions to enhance technology and product offerings [3] - Continuous attention to the upstream and downstream supply chain through participation in industry funds is a priority [3] - The company is committed to high-quality business development and precision operations, focusing on CDN, edge computing, and security services [4] Group 4: Market and Economic Considerations - The company’s main business in information technology services has not been directly affected by U.S. tariffs [4] - Fluctuations in the U.S. dollar exchange rate do not significantly impact overseas business, as most revenue and costs are dollar-denominated [4] - The company is actively developing comprehensive security services to meet enterprise needs in online production and office environments [4]