网宿科技股份有限公司 对外投资管理制度 （2024 年 11 月） | | | | 第一章 | 总则 1 | | --- | --- | | 第二章 | 对外投资的审批权限 1 | | 第三章 | 对外投资管理的组织机构 3 | | 第四章 | 重大对外投资项目的决策管理 4 | | 第五章 | 对外投资的处置 4 | | 第六章 | 对外投资的人事管理 5 | | 第七章 | 对外投资的财务管理及审计 6 | | 第八章 | 重大事项报告 6 | | 第九章 | 附则 7 | 网宿科技股份有限公司 对外投资管理制度 第一章 总则 第一条 为了加强网宿科技股份有限公司（以下简称"公司"）对外投资的管理，规范 本公司对外投资行为，提高资金运作效率，保障公司对外投资的保值、增值，根据《中华人 民共和国公司法》（以下简称"公司法"）《深圳证券交易所创业板股票上市规则》（以下 简称"《上市规则》"）《网宿科技股份有限公司章程》（以下简称"《公司章程》"）《股 东会议事规则》和《董事会议事规则》等法律的规定，结合本公司的实际情况，特制定本《对 外投资管理制度》（以下简称"本制度"）。 第二条 本制度所称对外投资是指本公 ...

证券代码：300017 证券简称：网宿科技 公告编号：2024-082 网宿科技股份有限公司 第六届董事会第十七次会议决议公告 本公司及董事会全体成员保证公告内容真实、准确、完整，没有虚假记 载、误导性陈述或重大遗漏。 网宿科技股份有限公司（以下简称"公司"）第六届董事会第十七次会议通 知于2024年11月18日以电子邮件方式发出，会议于2024年11月21日上午10:00以 电话会议方式召开。本次会议应到董事7人，实到董事7人。公司监事和高级管理 人员等相关人员列席了本次会议。本次会议的召集、召开程序符合《公司法》和 《公司章程》的有关规定。本次会议由董事长刘成彦先生主持，与会董事对议案 进行了审议，形成如下决议： 一、审议并通过《关于调整使用闲置自有资金购买理财产品的额度并延长投 资期限的议案》 经公司于2023年11月30日召开的第六届董事会第八次会议及2023年12月11 日召开的2023年第五次临时股东大会审议，同意公司及子公司在不影响正常生产 经营且可以有效控制风险的前提下，使用金额不超过人民币50亿元（含等值外币） 的自有资金购买包括但不限于商业银行、证券公司、基金公司或信托机构等金融 机构发行 ...

Group 1: Company Overview and Business Focus - Wangsu Technology has accumulated rich experience and achieved technical results in liquid cooling technology, focusing on two directions: single-phase immersion cooling and cold plate solutions [1] - The liquid cooling business currently accounts for a small proportion of the company's total revenue, but future demand is expected to grow due to the emergence of high computing power and edge scenarios, as well as national policies promoting green and low-carbon initiatives [1] Group 2: Financial Performance - For the first three quarters of 2024, the company achieved operating revenue of CNY 360,979.85 million, a year-on-year increase of 2.64%; net profit was CNY 42,905.77 million, up 0.79%; and net profit after deducting non-recurring gains and losses was CNY 30,362.89 million, an increase of 3.24% [2] - In Q3 2024, the company experienced a foreign exchange loss of CNY 4,161.36 million, with cumulative foreign exchange losses for the first three quarters amounting to CNY 2,921.71 million [2] - Excluding the impact of foreign exchange gains and losses, the net profit for Q3 2024 was CNY 17,345.99 million, representing a quarter-on-quarter increase of 15.31%; the net profit for the first three quarters was CNY 45,827.48 million, a year-on-year increase of 22.99% [2] Group 3: Shareholder Information - As of November 8, 2024, the total number of shareholders was 134,396 [2] - The company has not received any plans for share reduction from executives [2] - The restricted stock incentive plan's first vesting period corresponds to 15.38 million shares, which will not increase the company's share capital as these shares are sourced from the company's repurchase account [3]

证券代码：300017 证券简称：网宿科技 公告编号：2024-081 网宿科技股份有限公司 关于持股5%以上股东减持股份的预披露公告 本公司及董事会全体成员保证公告内容真实、准确、完整，没有虚假记 载、误导性陈述或重大遗漏。 特别提示： 公司持股5%以上股东陈宝珍女士（持有公司股份261,062,924股，占公司总 股本比例的10.68%，占剔除回购专户股份数后总股本比例的10.69%）计划在本公 告披露之日起十五个交易日后的三个月内（2024年11月28日至2025年2月27日） 以集中竞价交易方式、大宗交易方式减持本公司股份不超过5,500,000股（占公 司总股本比例的0.2251%，占剔除回购专户股份数后总股本比例的0.2253%）。 公司持股5%以上股东、董事长刘成彦先生（持有公司股份202,507,029股， 占公司总股本比例的8.29%，占剔除回购专户股份数后总股本比例的8.29%）计划 在本公告披露之日起十五个交易日后的三个月内（2024年11月28日至2025年2月 27日）以集中竞价交易方式、大宗交易方式减持本公司股份不超过5,500,000股 （占公司总股本比例的0.2251%，占剔除 ...

[Table_MainInfo] 公司研究/通讯服务 证券研究报告 网宿科技（300017）公司季报点评 2024 年 11 月 05 日 [Table_InvestInfo] 投资评级 优于大市 维持 | --- | --- | |---------------------------------------------------------|-------------| | 股票数据 | | | 11 [ Table_StockInfo 月 05 日收盘价（元） ] | 9.52 | | 52 周股价波动（元） | 6.37-11.54 | | 总股本 / 流通 A 股（百万股） | 2441/2283 | | 总市值 / 流通市值（百万元） | 23238/21736 | | 相关研究 | | | [Table_ReportInfo] 《营收保持韧性，盈利能力持续改善》 | | | 2024.08.26 | | | 《盈利能力改善明显，出海战略卓有成效》 | | | 2024.05.08 | | 市场表现 [Table_QuoteInfo] -14.18% -0.18% 13.82% 27.82% 4 ...

关于参加 2024 年上海辖区上市公司 网宿科技股份有限公司 三季报集体业绩说明会的公告 证券代码：300017 证券简称：网宿科技 公告编号：2024-080 届时公司副总经理、董事、董事会秘书周丽萍女士，副总经理、财务总监蒋 薇女士，独立董事陆家星先生将通过网络在线交流形式与投资者就公司治理、发 展战略、经营状况和可持续发展等投资者关注的问题进行沟通。 欢迎广大投资者积极参与。 特此公告。 网宿科技股份有限公司董事会 2024 年 11 月 5 日 本公司及董事会全体成员保证公告内容真实、准确和完整，没有虚假记载、 误导性陈述或重大遗漏。 为进一步加强与广大投资者的沟通交流，网宿科技股份有限公司（以下简称 "公司"）将参加"2024 年上海辖区上市公司三季报集体业绩说明会"活动， 现将有关事项公告如下： 本次活动将采取网络的方式举行，投资者可以登录"上证路演中心"网站 （https://roadshow.sseinfo.com）或关注微信公众号上证路演中心参与互动交 流，活动时间为 2024 年 11 月 13 日（周三）15:00 至 16:30。 ...

Investment Rating - Buy (maintained) [2] Core Views - The company's performance has grown rapidly after excluding exchange rate effects, benefiting from the development of "CDN + AI + overseas expansion" [2] - The company's revenue for the first three quarters of 2024 was 3.61 billion yuan, a year-on-year increase of 2.64%, and net profit attributable to the parent company was 429 million yuan, a year-on-year increase of 0.79% [3] - Excluding the impact of exchange gains and losses, the net profit for the first three quarters of 2024 was 458 million yuan, a year-on-year increase of 22.99% [3] - In Q3 2024, the company's revenue was 1.31 billion yuan, a year-on-year increase of 9.99%, and net profit attributable to the parent company was 132 million yuan, a year-on-year decrease of 21.30% [3] - Excluding the impact of exchange gains and losses, the net profit for Q3 2024 was 174 million yuan, a quarter-on-quarter increase of 15.31% [3] Business Development - The company continues to focus on its main business and actively deploys AI computing power, with core businesses in CDN, edge computing, and security, as well as independent businesses in computing cloud, MSP, and data center liquid cooling solutions [4] - The company has completed testing and commercial operation of the first phase of the L20 intelligent computing center project, with a total scale of 10,000 cards [4] - The company is actively implementing an overseas expansion strategy, with a focus on the Southeast Asian market, and has established branches and local teams in Singapore, the US, Japan, and South Korea [4] Financial Performance - The company's gross profit margin for the first three quarters of 2024 was 30.45%, a year-on-year decrease of 0.22 percentage points, and the net profit margin was 12.06%, a year-on-year increase of 0.09 percentage points [5] - In Q3 2024, the company's gross profit margin was 28.21%, a year-on-year decrease of 4.19 percentage points, and the net profit margin was 10.16%, a year-on-year decrease of 3.88 percentage points [5] - The company's sales/management/R&D/financial expense ratios for the first three quarters of 2024 were 7.66%/5.72%/9.27%/-2.00%, respectively, with year-on-year changes of -1.08/-1.04/-0.70/+2.24 percentage points [5] Profit Forecast and Valuation - The company is expected to achieve revenues of 5.06 billion yuan, 5.68 billion yuan, and 6.27 billion yuan in 2024, 2025, and 2026, respectively, with net profits attributable to the parent company of 652 million yuan, 764 million yuan, and 900 million yuan [8] - The corresponding P/E ratios for 2024-2026 are 34.79X, 29.71X, and 25.21X, respectively [8] - The company's ROE is expected to be 7%, 8%, and 9% in 2024, 2025, and 2026, respectively [9] - The company's gross profit margin is expected to remain stable at 32%-33% from 2024 to 2026 [11]

网宿科技（300017.SZ）2024 年三季报点评 [盈利预测与财务指标 Table_Forcast] 经营稳健，围绕 DCI"多点开花" 2024 年 10 月 26 日 ➢ 网宿科技发布 2024 年三季度业绩。2024 年 10 月 25 日，网宿科技发布 2024 年三季报，公司实现收入 36.1 亿元，同比增长 2.6%；实现归母净利润 4.3 亿元，同比增长 0.8%。单季度看，公司 3Q24 实现收入 13.1 亿元，同比增长 10.0%；实现归母净利润 1.3 亿元，同比下滑 21.3%。 ➢ 剔除汇兑及处置子公司股权收益影响，公司核心净利润仍实现增长。3Q24 公司产生汇兑损失 4161 万元，上年同期汇兑损失约 753 万元，我们同时剔除 3Q23 处置 CDN-VIDEO LLC 股权产生收益，3Q24 公司核心净利润约 1.7 亿 元，同比增长近 28%。 ➢ 海外巨头纷纷布局 DCI，东南亚流量有望持续焕发活力。根据 CDCC，字节 目前已投资约 154 亿元在马来西亚打造人工智能中心，同时旗下 BytePlus 部门 正考虑于 2025 年在泰国建立一个数据中心，提供基于云和 A ...

Revenue and Profit Performance - Revenue for the third quarter reached 1,309,589,746.20 yuan, a 9.99% increase year-over-year[3] - Net profit attributable to shareholders decreased by 21.30% to 131,846,277.35 yuan in the third quarter[3] - Revenue for the first three quarters of 2024 reached 3,609.7985 million yuan, a year-on-year increase of 2.64%[15] - Gross profit for the first three quarters of 2024 was 1,099.2169 million yuan, up 1.91% year-on-year[15] - Net profit attributable to shareholders for the first three quarters of 2024 was 429.0577 million yuan, a year-on-year increase of 0.79%[15] - Revenue for Q3 2024 was 1,309.5897 million yuan, a quarter-on-quarter increase of 10.97%[15] - Gross profit for Q3 2024 was 369.3744 million yuan, up 3.55% quarter-on-quarter[15] - Net profit attributable to shareholders for Q3 2024 was 131.8463 million yuan, a quarter-on-quarter decrease of 16.94%[15] - Total operating revenue for the current period is 3,609,798,538.24 yuan, an increase from 3,517,081,319.69 yuan in the previous period[33] - Net profit attributable to the parent company's shareholders is 429,057,655.55 yuan, compared to 425,701,371.06 yuan in the previous period[34] - Total comprehensive income for the current period is 451,968,519.91 yuan, up from 440,691,929.24 yuan in the previous period[35] - Basic earnings per share for the current period is 0.1770, compared to 0.1759 in the previous period[35] - Diluted earnings per share for the current period is 0.1754, compared to 0.1744 in the previous period[35] Asset and Liability Changes - Total assets increased by 9.26% to 11,984,455,494.60 yuan compared to the end of the previous year[3] - Short-term borrowings increased by 1051.56% compared to the beginning of the year, mainly due to new bank loans[7] - Inventory balance increased by 48.08% compared to the beginning of the year, driven by higher procurement[7] - Construction in progress increased by 84.58% compared to the beginning of the year, due to the purchase of construction materials[7] - As of September 30, 2024, the company's monetary funds amounted to 1,973,091,410.60 yuan, an increase from 1,831,647,423.82 yuan at the beginning of the period[30] - The company's total assets as of September 30, 2024, were 11,984,455,494.60 yuan, compared to 10,968,682,487.07 yuan at the beginning of the period[31] - Total owner's equity is 9,786,997,971.19 yuan, slightly down from 9,788,762,415.05 yuan in the previous period[32] - Total liabilities and owner's equity amount to 11,984,455,494.60 yuan, up from 10,968,682,487.07 yuan in the previous period[32] Financial Expenses and Investment Income - Financial expenses increased by 51.63% in the first three quarters, mainly due to foreign exchange losses of 29.2171 million yuan[9] - Investment income decreased by 39.82% in the first three quarters, primarily due to the absence of a one-time gain from the disposal of CDN-VIDEO LLC in the previous year[9] - Asset disposal income increased by 1777.07% in the first three quarters, driven by higher gains from the disposal of non-current assets[9] - Exchange rate fluctuations caused a foreign exchange loss of 41.6136 million yuan in Q3 2024[15] - Cumulative foreign exchange loss for the first three quarters of 2024 was 29.2171 million yuan[15] - Excluding foreign exchange losses, net profit attributable to shareholders for Q3 2024 would have been 173.4599 million yuan, a quarter-on-quarter increase of 15.31%[15] - Excluding foreign exchange losses, net profit attributable to shareholders for the first three quarters of 2024 would have been 458.2748 million yuan, a year-on-year increase of 22.99%[15] - Financial expenses for the current period are -72,056,310.66 yuan, compared to -148,967,405.50 yuan in the previous period[33] - Fair value change income for the current period is 53,631,510.11 yuan, up from 42,798,798.90 yuan in the previous period[34] Cash Flow and Financing Activities - Net cash flow from financing activities increased by 427.59% year-over-year, primarily due to increased bank borrowings[10] - Operating cash flow increased to 757,248,989.95 yuan, up 5.1% YoY from 720,624,412.92 yuan[36] - Sales revenue from goods and services decreased slightly to 3,798,066,926.60 yuan, down 2.1% YoY from 3,877,659,212.71 yuan[36] - Cash received from tax refunds dropped significantly to 1,254,132.68 yuan, down 83% YoY from 7,359,517.65 yuan[36] - Cash received from other operating activities rose to 105,952,880.62 yuan, up 47.5% YoY from 71,846,183.05 yuan[36] - Cash outflow for purchasing goods and services decreased to 2,215,115,563.59 yuan, down 5.2% YoY from 2,336,605,387.87 yuan[36] - Investment cash inflow decreased to 4,246,340,008.72 yuan, down 31.2% YoY from 6,169,126,143.77 yuan[37] - Cash outflow for investments increased to 5,083,847,383.38 yuan, up 29.9% YoY from 7,250,383,290.96 yuan[37] - Net cash flow from financing activities surged to 312,692,414.45 yuan, up 427.6% YoY from 59,268,250.34 yuan[37] - Cash and cash equivalents at the end of the period stood at 1,498,902,406.34 yuan, up 14.2% YoY from 1,312,509,728.70 yuan[37] Share Repurchase and Incentive Plans - The company repurchased and canceled 665,825 restricted shares at a price of 3.81 yuan per share, totaling 2,536,793.25 yuan[16] - 173 incentive recipients were granted 5,560,880 stock options in the fourth exercise period, and 148 incentive recipients were granted 4,360,700 restricted shares in the fourth unlocking period[16] - The company canceled 678,568 stock options that expired unexercised in the third exercise period[16] - The company canceled 527,500 second-class restricted shares that were granted but not yet vested, and 240 incentive recipients were granted 15,380,000 second-class restricted shares in the first vesting period[17][18] - The actual amortization cost of the 2020 stock option and restricted stock incentive plan in Q3 2024 was -3.7143 million yuan, with a cumulative amortization cost of 120.1185 million yuan[17] - The actual amortization cost of the 2023 restricted stock incentive plan in Q3 2024 was 16.6453 million yuan, with a cumulative amortization cost of 85.9167 million yuan[18] - The remaining cost of the 2023 restricted stock incentive plan is 27.4858 million yuan, with 7.2543 million yuan to be recognized in 2024 (October-December) and 20.2315 million yuan in 2025[18] Financial Investments and Credit Lines - The company and its subsidiaries are authorized to use up to 5 billion yuan of idle funds to purchase medium and low-risk financial products[20] - The company invested 50 million yuan in a structured deposit with Ningbo Bank, with an expected annualized return rate of 1.5%-2.8% and an expected return of 628,800-1,173,700 yuan[21] - The company invested 50 million yuan in a structured deposit with China Merchants Bank, with an actual return of 192,200 yuan and an annualized return rate of 1.85%-2.3%[22] - The company entered into a currency swap agreement with a bank, with an initial investment amount of 16,267.93 million yuan, accounting for 1.70% of the company's net assets at the end of the reporting period, and recorded a fair value change loss of 273.43 million yuan[23] - The company applied for a comprehensive credit line from multiple banks, including Shanghai Bank, China Merchants Bank, and Industrial and Commercial Bank of China, with the credit period extended to one year from the date of approval by the board[24] Audit and Financial Management - The company decided to continue appointing ShineWing Certified Public Accountants as its financial and internal control audit institution for the year 2024[25] - The company closed a dedicated settlement account for cash management of idle raised funds at Guangfa Bank Shanghai Waitan Branch, as the cash management products had matured and there were no further plans for use[26] - The company changed the implementation entity of the "Cloud Security Platform Upgrade Project" from the company and its subsidiaries to the company and Xiamen Wangsu Co., Ltd., excluding Hong Kong Shenjia Technology Co., Ltd.[27] - The company provided a maximum of 600 million yuan in joint liability guarantee for its wholly-owned subsidiary Xiamen Wangsu's credit agreement with China Merchants Bank Shanghai Branch[29] Research and Development Expenses - Research and development expenses for the current period are 334,679,326.34 yuan, a decrease from 350,610,572.03 yuan in the previous period[33] Miscellaneous - The company's Q3 report was unaudited[38]

证券代码：300017 证券简称：网宿科技 公告编号：2024-077 2024年前三季度，公司继续执行业务高质量发展、深化拓展海外市场、持续 推进降本增效的经营策略。以客户为中心，快速响应市场需求，着力于自身产品 性能及服务能力的提升，进一步推进海外"能力圈"建设，为客户拓展全球化业 务提供支持；持续优化内部运营管理，将AI融入公司产品、技术开发环节，提高 研发效率，持续优化人员成本。2024年前三季度，公司实现营业收入360,979.85 万元，同比增长2.64%；毛利额109,921.69万元，同比增长1.91%；归属于上市公 司股东的净利润42,905.77万元，同比增长0.79%；归属于上市公司股东的扣除非 经常性损益后的净利润30,362.89万元，同比增长3.24%。 经与会董事审议认为，《2024年第三季度报告》能够真实、准确、完整地反 映公司第三季度的经营管理情况，不存在虚假记载、误导性陈述和重大遗漏。公 司董事、监事和高级管理人员均对《2024年第三季度报告》出具了书面确认意见。 具体内容详见公司同日披露于巨潮网（http://www.cninfo.com.cn）上的 《2024年第三季度 ...