证券代码：300442 证券简称：润泽科技 公告编号：2025-075 润泽智算科技集团股份有限公司 关于召开 2025 年第二次临时股东会的通知 本公司及董事会全体成员保证信息披露的内容真实、准确、 完整，没有虚假记载、误导性陈述或重大遗漏。 根据《中华人民共和国公司法》《深圳证券交易所创业板股票上市规则》《深 圳证券交易所上市公司自律监管指引第 2 号——创业板上市公司规范运作》等法 律、行政法规以及《润泽智算科技集团股份有限公司章程》（简称"《公司章程》"） 的相关规定，润泽智算科技集团股份有限公司（简称"公司"）第五届董事会第 四次会议审议通过了《关于召开 2025 年第二次临时股东会的议案》，决定于 2025 年 12 月 29 日以现场表决与网络投票相结合的方式召开公司 2025 年第二次临时 股东会（简称"本次会议"或"本次股东会"），现将本次股东会有关事项通知 如下： 一、召开会议的基本情况 1、股东会届次：2025 年第二次临时股东会 2、会议召集人：公司董事会 3、会议召开的合法、合规性：本次会议的召开已经公司第五届董事会第四 次会议审议通过，召集程序符合有关法律、行政法规、部门规章、规范 ...

证券代码：300442 证券简称：润泽科技 公告编号：2025-066 润泽智算科技集团股份有限公司 第五届董事会第四次会议决议公告 本公司及董事会全体成员保证信息披露的内容真实、准确、 完整，没有虚假记载、误导性陈述或重大遗漏。 一、董事会会议召开情况 2025 年 12 月 8 日，润泽智算科技集团股份有限公司（简称"公司"）第五 届董事会通过现场和通讯相结合的方式召开了第四次会议，根据《润泽智算科技 集团股份有限公司章程》（简称"《公司章程》"）的规定，本次董事会会议通 知已于 2025 年 12 月 5 日发出。 本次会议由董事长周超男主持。会议召集和召开程序符合《中华人民共和国 公司法》（简称"《公司法》"）等法律、行政法规和《公司章程》的规定。 二、董事会会议审议情况 （一）审议通过了《关于 2026 年度日常关联交易预计的议案》 根据公司业务发展及日常经营的需要，公司及下属各子（孙）公司预计 2026 年度将与映山红酒店管理有限公司等关联方发生日常关联交易不超过 7,300.00 万元。 经审议，董事会认为公司 2026 年度预计与关联方发生的日常关联交易事项， 为公司业务发展及生产经营的正常需 ...

Core Viewpoint - The communication services sector experienced a decline of 0.23% on December 10, with online and offline services leading the drop, while the Shanghai Composite Index closed at 3900.5, also down by 0.23% [1]. Group 1: Market Performance - The Shenzhen Component Index rose by 0.29%, closing at 13316.42 [1]. - The communication services sector saw significant individual stock movements, with notable gainers including ChaoXun Communication (up 2.96% to 53.21) and GuangMai Technology (up 2.07% to 20.74) [1]. Group 2: Trading Volume and Value - ChaoXun Communication had a trading volume of 187,200 shares, with a transaction value of 983 million yuan [1]. - The total net outflow of main funds in the communication services sector was 532 million yuan, while retail investors saw a net inflow of 528 million yuan [2]. Group 3: Individual Stock Fund Flow - Sanwei Communication had a main fund net inflow of 39.22 million yuan, but also saw a net outflow from retail investors of 19.34 million yuan [3]. - Puyuan Technology experienced a main fund net inflow of 35.35 million yuan, with a significant net outflow from retail investors of 34.54 million yuan [3].

计算机 分析师：唐月 登记编码：S0730512030001 tangyue@ccnew.com 021-50586737 证券研究报告-行业月报 强于大市(维持) 计算机相对沪深 300 指数表现 资料来源：中原证券研究所，聚源 -17% -11% -4% 2% 8% 15% 21% 28% 2024.12 2025.04 2025.08 2025.12 计算机 沪深300 相关报告 《计算机行业年度策略：AI 应用加快，全球格 局重塑中》 2025-12-01 《计算机行业分析报告：十五五规划建议的信 息科技领域内容解读》 2025-10-31 《计算机行业月报：鸿蒙迎来重要升级，AI 算 力需求多元化趋势明显》 2025-10-23 联系人：李智 预训练规模 ——计算机行业月报 发布日期：2025 年 12 月 08 日 风险提示：国际局势的不确定性；海外 AI 产业竞争格局变化带来市 场调整风险。 本报告版权属于中原证券股份有限公司 www.ccnew.com 请阅读最后一页各项声明 第1页 / 共50页 手机端 AI 应用加速，DeepSeek 将加大 投资要点： 电话： 0371-65585629 ...

Group 1 - A new company, Hebei Runyu Technology Development Co., Ltd., has been established with a registered capital of 10 million yuan [1] - The company's business scope includes artificial intelligence industry application system integration services, artificial intelligence basic software development, artificial intelligence public service platform technical consulting services, and data processing and storage support services [1] - The company is wholly owned by Runze Technology through indirect shareholding [1]

Group 1 - Software concept stocks declined, with Kunlun Wanwei, Runze Technology, and Yinzhijie dropping over 2% [1] - The ChiNext software-related ETFs fell approximately 2% [1] Group 2 - The current global technological competition emphasizes the need for self-controlled basic software, which is essential for national security and sustainable industrial development [2] - Future basic software companies will face higher technical requirements and stronger competitive pressures, but this also presents more market opportunities [2] - With the ongoing promotion of domestic substitution and the deepening of financial services in the industrial chain, basic software companies are expected to transition from "catching up" to "keeping pace" and eventually to "leading," providing solid technical support for China's new industrialization and high-quality development [2]

格隆汇12月2日丨润泽科技(300442.SZ)公布，2025年11月，公司未进行股份回购。截至2025年11月30 日，公司通过回购专用证券账户以集中竞价方式累计回购公司股份数量为11,276,886股，占公司总股本 0.69%，回购成交的最高价格为59.28元/股，最低价格为45.52元/股，支付的总金额为人民币 558,351,633.91元（不含交易费用）。本次回购符合法律法规、规范性文件的有关规定及公司股份回购 方案的要求。 ...

证券代码：300442 证券简称：润泽科技 公告编号：2025-065 润泽智算科技集团股份有限公司 关于回购股份的进展公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整， 没有虚假记载、误导性陈述或重大遗漏。 润泽智算科技集团股份有限公司（简称"公司"）于 2025 年 4 月 22 日召开 第四届董事会第二十九次会议，审议通过了《关于回购公司股份方案的议案》， 同意公司使用不低于人民币 5 亿元（含本数）且不超过人民币 10 亿元（含本数） 的自有资金或自筹资金（回购专项贷款）以集中竞价交易方式回购公司部分人民 币普通股（A 股）股份，回购价格不超过人民币 75.00 元/股（含）。按照回购价 格上限和回购金额上限测算，预计可回购股份数量为 13,333,333 股，约占公司总 股本的 0.77%；按照回购价格上限和回购金额下限测算，预计可回购股份数量为 6,666,667 股，约占公司总股本的 0.39%，具体回购股份数量以回购实施完成时实 际回购的股份数量为准（"本次回购股份"）。本次回购股份的实施期限为自公 司董事会审议通过本次回购股份方案之日起 12 个月内。公司分别于 2025 年 ...

Group 1 - The computer industry is showing signs of improvement in both revenue and profit for 2025, with software business revenue reaching 11.11 trillion yuan, a year-on-year increase of 13.0% [11][13] - The overall revenue for the computer industry in the first three quarters of 2025 is 1.51 trillion yuan, with a growth rate of 10.1% after excluding the high proportion of Industrial Fulian [13][16] - The net profit for the industry in the first three quarters of 2025 is 184 billion yuan, reflecting a year-on-year increase of 57.4% [16] Group 2 - The "14th Five-Year Plan" emphasizes self-sufficiency in key areas such as integrated circuits and basic software, with increased government procurement for domestic innovation [25][26] - The EDA sector has become a focal point of U.S. export controls, accelerating the demand for domestic alternatives [29][30] - The release of HarmonyOS 6 marks a significant milestone for Huawei, with terminal numbers surpassing 23 million, indicating a strong growth trajectory for domestic operating systems [38][41] Group 3 - The AI and computing concepts have shown significant growth, with the AI computing demand driving the "East Data West Computing" concept to rise by 146.8% in 2025 [20][21] - The overall valuation of the computer industry is above historical averages, with a TTM valuation of 55.33 times as of November 27, 2025 [21][24] - Domestic AI chip manufacturers are experiencing accelerated growth, with companies like Cambrian and Haiguang reporting substantial revenue increases [48][49] Group 4 - The integration of AI applications is expected to enhance the competitive advantage of integrated AI manufacturers, with DeepSeek collaborating with domestic chip manufacturers to optimize performance [4][4] - The demand for AI servers is increasing, requiring manufacturers to enhance their overall system design capabilities [3][3] - The trend towards liquid cooling technology is becoming mainstream as AI chip performance continues to improve [3][3]

Group 1 - The A-share market saw a continuous rise in the afternoon of December 1, with the Shenzhen Component Index and ChiNext Index both increasing by over 0.9%. The storage chip sector and photolithography machine concept experienced significant upward movement, while AI glasses and AI mobile phone sectors collectively surged. The ChiNext Software ETF Huaxia (159256) rose by 0.51% during the session, with its holding stock Runze Technology increasing by over 6% [1] - ByteDance and ZTE Corporation announced a joint development of an AI-native mobile phone, set to be released in early December. The product features a core breakthrough with the Doubao mobile assistant, which has system-level permissions and can execute complex commands across applications, marking a shift from "clicking icons" to "intent recognition" in interaction paradigms. The collaboration involves ByteDance leading the integration of the Doubao large model and AI interaction functionality, while ZTE is responsible for hardware development, production, and overall integration. The initial batch will have a supply of approximately 30,000 units, with a second-generation product already in the planning stage for release in the first half of 2026 [1] - In the AI industry chain, the software sector plays a crucial role in both the midstream technology layer and downstream application layer, providing essential technical support and facilitating the implementation of AI applications. Specifically, the software industry offers AI frameworks, development platforms, and algorithm models in the midstream, which are foundational for AI application development. In the downstream, the software sector integrates AI technology with various industries to promote the practical application of AI [1] Group 2 - CITIC Securities analysis indicates that the collaboration between ZTE and Doubao signifies a new phase of ecological collaboration between consumer electronics manufacturers and internet giants, with expectations that the global AI mobile phone penetration rate will exceed 35% by 2026, driving growth in orders across the industry chain [2] - Huachuang Securities further notes that the deep integration of the Doubao large model as a system-level capability will significantly expand the application boundaries of AI models, facilitating the deployment of AI functionalities in more scenarios [2] - Related products include ChiNext Software ETF Huaxia (159256), ChiNext 200 ETF Huaxia (159573), and Artificial Intelligence AI ETF (515070) [2]