广电运通集团股份有限公司 主体长期信用评级报告 | 1 | | --- | | 1 | | દ્ | | H Di | | 200 | | - ED Willi | | 답문 112 | | 9 | www.lhratings.com 1 联合〔2025〕11809 号 联合资信评估股份有限公司通过对广电运通集团股份有限公司 的信用状况进行综合分析和评估，确定广电运通集团股份有限公司 主体长期信用等级为 AAA，评级展望为稳定。 特此公告 联合资信评估股份有限公司 二〇二五年十二月四日 声 明 一、本报告是联合资信基于评级方法和评级程序得出的截至发表之日的 独立意见陈述，未受任何机构或个人影响。评级结论及相关分析为联合资信 基于相关信息和资料对评级对象所发表的前瞻性观点，而非对评级对象的事 实陈述或鉴证意见。联合资信有充分理由保证所出具的评级报告遵循了真 实、客观、公正的原则。鉴于信用评级工作特性及受客观条件影响，本报告 在资料信息获取、评级方法与模型、未来事项预测评估等方面存在局限性。 二、本报告系联合资信接受广电运通集团股份有限公司（以下简称"该 公司"）委托所出具，除因本次评级事项联合资信与该公司构成评 ...

Group 1 - The core viewpoint of the news is the strong performance of the financial technology sector, highlighted by the rise of the China Securities Financial Technology Theme Index and its constituent stocks, driven by supportive government policies for digital currency and cross-border payment initiatives [1][2] Group 2 - As of December 25, 2025, the China Securities Financial Technology Theme Index (930986) increased by 1.04%, with notable gains from stocks such as Lakala (300773) up 5.43%, Sifang Jingchuang (300468) up 5.25%, and Nantian Information (000948) up 3.97% [1] - The People's Bank of China and eight other departments released an opinion on December 24, supporting the construction of the Western Land-Sea New Corridor and promoting the use of central bank digital currencies in cross-border payments with countries like Thailand, Hong Kong, UAE, and Saudi Arabia [1] - The digital renminbi is expected to accelerate penetration across the industrial chain, with significant growth potential in the banking IT and financial technology sectors, as well as in downstream payment ecosystems [2] - The top ten weighted stocks in the China Securities Financial Technology Theme Index account for 53.31% of the index, with companies like Tonghuashun (300033) and Dongfang Caifu (300059) among the leaders [2]

Core Viewpoint - Guangdian Yuntong (002152.SZ) is advancing its business autonomy by establishing ecological cooperation with major domestic chip companies such as Huawei Kunpeng, Ascend, and Feiteng [1] Group 1: Business Development - Guangdian Yuntong's core subsidiary, Guangdian Wuzhou, has recently signed an agreement with GPU chip company Muxi Co., Ltd. and Huayan Group to build the "Greater Bay Area Ecological Innovation Center" [1] - The initiative aims to integrate the entire industry chain of "chip-machine-application" to promote the large-scale application of domestic computing power technology in key industries of the Greater Bay Area [1] Group 2: Product Adaptation - Guangdian Wuzhou has completed the adaptation of relevant products with Muxi, indicating progress in their collaborative efforts [1]

Group 1 - The company, Guangdian Yuntong (002152.SZ), currently has no business operations related to autonomous driving [1]

Core Viewpoint - The company Guangdian Yuntong is advancing its business autonomy by collaborating with major domestic chip manufacturers to establish an ecosystem for the application of domestic computing power technology in key industries within the Greater Bay Area [1] Group 1: Business Collaboration - Guangdian Yuntong's subsidiary, Guangdian Wuzhou, has partnered with GPU chip company Muxi and Huayan Group to sign an agreement for the establishment of the "Greater Bay Area Ecological Innovation Center" [1] - The collaboration aims to integrate the entire industry chain of "chip-machine-application" to promote the large-scale application of domestic computing power technology [1] Group 2: Product Adaptation - Guangdian Wuzhou has completed the adaptation of relevant products with Muxi [1]

Group 1 - The company, Guangdian Yuntong, reported that as of December 19, 2025, the number of shareholders is 99,776 [2]

Core Viewpoint - The company does not agree that stock price is the only standard for measuring company value, emphasizing that stock prices are influenced by various factors such as market sentiment and macroeconomic conditions [1] Group 1: Company Strategy - The company prioritizes investing in research and development (R&D) and acquiring quality targets as a key to building long-term competitiveness, reflecting its growth-oriented nature in the artificial intelligence sector [1] - The company has maintained a consistent R&D investment of nearly 10% of its operating revenue for six consecutive years [1] - The company has made strategic acquisitions, including Zhongke Jiangnan, Zhongjin Payment, Zhongshuzhihui, and Guangdian Wuzhou [1] Group 2: Profit Distribution - The company plans to dynamically optimize its profit distribution scheme by balancing short-term returns with long-term development, taking into account cash flow, development pace, and diverse shareholder needs [1]

（原标题：广电运通(002152.SZ)：中科江南是广电运通的控股子公司） 格隆汇12月17日丨广电运通(002152.SZ)在投资者互动平台表示,中科江南是广电运通的控股子公司。 ...

Core Viewpoint - The company reported a total operating revenue of 7.906 billion yuan for the first three quarters of 2025, reflecting a year-on-year growth of 11.08%, indicating steady development across various business segments [1] Group 1 - The company emphasizes enhancing operational performance and intrinsic value as its core focus [1] - The company actively returns value to shareholders through continuous dividends [1]

Core Viewpoint - The company has confirmed that its production and operational status is normal and is committed to enhancing its management practices and steadily improving its operational performance to support its intrinsic value [1]. Group 1 - The company responded to an investor inquiry regarding the completion of the State-owned Assets Supervision and Administration Commission's target assessment [1]. - The company emphasized its ongoing efforts in management and operational performance [1].