Company Fundamentals - Despite a significant decline in net profit forecast for 2024, the company reported a substantial improvement in its 2025 performance, with a 287% year-on-year increase in net profit and a gross margin of 33.75% as of Q3 2025 [1] - The company's operating cash flow also saw a remarkable increase of 404.33% [1] Industry Policy Status - Since February 2026, the demand for computing power has surged due to the promotion of AI applications, leading to a price increase trend among cloud service providers [2] - As a provider of "cloud + network" solutions, the company's revenue from its Lingyun services grew by 23.76% year-on-year in the first three quarters of 2025, indicating potential benefits from the industry's favorable cycle [2] Financial Situation - Between December 2025 and January 2026, the company's controlling shareholders and some institutional investors executed a reduction plan, which may have exerted pressure on the stock price [3] - On February 13, 2026, the company experienced a net outflow of 70.97 million yuan in principal funds, indicating increased financial divergence and contributing to stock price volatility [3] Sector Changes - On February 13, 2026, the A-share cloud computing sector index fell by 0.90%, suggesting that individual stocks are susceptible to overall sector sentiment [4] - The company's stock had previously risen in late January due to active institutional buying, and recent fluctuations may also include technical adjustments [4]

Core Viewpoint - Nanling Technology (300921) focuses on providing digital solutions through its core businesses, which include Lingwang Services, Lingyun Services, and Digital Engineering, leveraging a global backbone network [1] Group 1 - The company's main business is built around a "cloud + network + security" digital solution matrix [1] - Nanling Technology aims to offer intelligent, secure, and reliable cloud-network security integration products and services for digital enterprises [1]

证券代码：300921 证券简称：南凌科技 公告编号：2026-004 南凌科技股份有限公司 关于使用部分闲置募集资金和自有资金进行 现金管理进展公告 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。 南凌科技股份有限公司（以下简称"公司"）于2025年10月28日召开第四届董 事会第三次会议，于2025年11月17日召开2025年第二次临时股东大会，审议通过 《关于公司使用闲置募集资金和自有资金进行现金管理的议案》。为提高公司 资金使用效率，在不影响募集资金投资项目建设和公司正常运营的前提下， 同意公司使用总额不超过15,000万元（含本数）的闲置募集资金（含超募资金） 和总额不超过40,000万元（含本数）的自有资金进行现金管理，用于购买安全性 高、流动性好的具有合法经营资格金融机构销售的理财产品（包括但不限于期 限为一年期以内的结构性存款）。使用期限自前次现金管理的授权到期之日起 12月内可循环滚动使用，即2025年12月23日至2026年12月22日，在上述额度和期 限内，资金可滚动使用。保荐机构对此出具了专项核查意见。具体内容详见公司 于2025年10 ...

Core Viewpoint - Nanling Technology (300921) has demonstrated its edge computing capabilities, focusing on providing integrated solutions for enterprise-level cloud and network convergence [1] Group 1: Company Overview - Nanling Technology's Lingyun edge computing products deploy computing power at global SASE POP nodes [1] - The company utilizes its self-built backbone network platform to achieve extremely low latency in computing network coverage [1] Group 2: Product and Service Offering - The company offers a "cloud + network + security" integrated solution to meet the demands of enterprise-level cloud and network convergence [1] - Nanling Technology enables unified management of public cloud, private cloud, and edge cloud [1] Group 3: Market Demand - The solutions provided by Nanling Technology cater to various industries requiring ultra-low latency computing and cloud-network integration [1]

Group 1 - The core business of the company is built around three main services: Lingwang services, Lingyun services, and digital engineering, leveraging a global backbone network [2] - The company provides a "cloud + network + security" digital solution matrix aimed at offering intelligent, secure, and reliable integrated products and services for digital enterprises [2]

Group 1 - Tianwei Video Technology saw a sharp increase, hitting the daily limit up [1] - Shunwang Technology rose over 15% [1] - Wangsu Science and Technology increased by more than 13% [1] - Other companies such as Nanling Technology, Qingyun Technology, Yuke Technology, Litong Electronics, and Guanghuan Xunwang also experienced significant gains [1]

Core Viewpoint - The communication services sector experienced a rise of 0.73% on February 3, with notable gains from companies like Nanling Technology, which led the sector with an increase of 8.46% [1]. Group 1: Market Performance - The Shanghai Composite Index closed at 4067.74, up by 1.29%, while the Shenzhen Component Index closed at 14127.1, up by 2.19% [1]. - Key stocks in the communication services sector showed significant price increases, with Nanling Technology closing at 29.99, up 8.46%, and Guanghuan New Network at 16.40, up 7.68% [1]. Group 2: Trading Volume and Value - Nanling Technology had a trading volume of 324,000 shares, resulting in a transaction value of 941 million yuan [1]. - Guanghuan New Network recorded a trading volume of 1,985,400 shares, with a transaction value of 3.179 billion yuan [1]. Group 3: Capital Flow - The communication services sector saw a net outflow of 197 million yuan from institutional investors, while retail investors contributed a net inflow of 228 million yuan [2]. - Notable capital flows included a net inflow of 200 million yuan into Data Port, while Nanling Technology experienced a net inflow of 71.885 million yuan from institutional investors [3].

Group 1 - The core point of the article is that Nanling Technology (300921.SZ) experienced a significant stock price increase of 9.87%, reaching a historical high of 30.380 yuan, with a total market capitalization of 5.584 billion yuan [1]

Group 1 - The communication services sector increased by 0.57% on January 26, with Nanling Technology leading the gains [1] - The Shanghai Composite Index closed at 4132.61, down 0.09%, while the Shenzhen Component Index closed at 14316.64, down 0.85% [1] - Notable gainers in the communication services sector included Nanling Technology, which rose by 12.02% to a closing price of 28.33, and Guanghuan New Network, which increased by 8.16% to 15.64 [1] Group 2 - The communication services sector experienced a net inflow of 359 million yuan from institutional investors, while retail investors saw a net outflow of 321 million yuan [2] - Major stocks with significant net inflows included Runze Technology with 500 million yuan and Guanghuan New Network with 343 million yuan [3] - Conversely, stocks like Sanwei Communication and Putian Technology faced declines of 7.08% and 6.05%, respectively [2]

Group 1 - The core point of the article highlights that Nanling Technology has achieved a significant trading volume of 1 billion CNY, marking the highest since July 10, 2025 [2] - The latest stock price of Nanling Technology has increased by 13.68%, with a turnover rate of 31.66% [2] - The previous trading day recorded a total trading volume of 146 million CNY for the stock [2] Group 2 - Nanling Technology Co., Ltd. was established on December 30, 1996, with a registered capital of approximately 183.8 million CNY [2]