ÈýÐÇÐû²¼3ÍòÃÀÔªÐÂÐ͵çÊÓ Õ¹ÏÖδÀ´²úÆ·ÏßµÄ×ßÏò βÅÌ£ºÈý´ó¹ÉָϤÊý×ßµÍ Êг¡¹Ø×¢ÌØÀÊÆÕ¹ØË°Õþ²ß ÃÀÍŹɼۿªÅÌϵø9.7% µÚ¶þ¼¾¶ÈÒçÀûͬ±Èϵø97%ÖÁ3.65ÒÚÔª ÌØÀÊÆÕÓëÃÀÁª´¢µÄ²©ÞÄÒâÔÚ½â¾ö·¿µØ²úÊг¡Äæ¾³ ¡ª¡ª È´¿ÉÄÜÁîÊ±ÊÆÑ©ÉϼÓ˪ º®Îä¼ÍÁ½ÈÕÊÐÖµÕô·¢1000ÒÚ £¬°ÙÒÚ×ʽð´óµ÷²Ö £¬ÏµøÔµ¹ÊÔ­ÓÉÕÒµ½ÁË Öú´ûйæÇ°Ò¹×ʽð´óǨáã£ºÒøÐоܸßÏ¢×ʲú £¬ÐÅÍÐ×ʽð×ßÇÎ ¹â´óÆÚ»õ0814ÈÈÃÅ×·×Ù£º13ÒÚÖ»µ°¼¦Ñ¹¿åÊг¡ £¬µ°¼ÛºÎʱ´¥µ×·´µ¯£¿ ÓÖÒ»Àý£¡¼ªÁÖ½ð¿ØÍÑÊÖÒªÔ¼ÊÕ¹º £¬¾Ą̊ũÉÌÐÐÄâ¸Û¹ÉÍËÊÐ ZscalerÖÆ¶©2026²ÆÄê22%-23%µÄÊÕÈëÔöÌíÄ¿µÄ 3800µã¡°Å£Í·¡±°ºÆð£¡³¬97£¥×Ô¶¯È¨Òæ»ù½ð¡°³ÔÈ⡱ £¬Õâ122ֻȴ»¹ÔÚ¡°Õ¾¸Ú¡± ¡¾î¿Ïµ´¦·Ö¡¿ÒòÎ¥·´»®¶¨°ìÀí½á»ãÓªÒµ £¬ÖйúÒøÐÐÐìÖÝͭɽ֧Ðб»´¦Ã»ÊÕÎ¥·¨ËùµÃ¡¢·£¿î20.51ÍòÔª 2025 Öйú²Ù×÷ϵͳ¹¤Òµ´ó»á 8 Ô 26 ÈÕ¾ÙÐÐ £¬Ô¤¼ÆÐû²¼ÒøºÓ÷è÷ë V11 ÊÓÆµ½Ì³ÌËÄ£ºË½Ä¼»ù½ðÐÅÏ¢Åû¶±¸·Ýϵͳ¼°Ë½Ä¼°´ÆÚ±¨¸æÅÌÎÊ TechWeb΢Íí±¨£ºÖйú´óÄ£×ÓÓ¦ÓÃСÎÒ˽¼ÒÓû§×¢²á³¬31ÒÚ Ð¡Ãׯû³µ7Ô·ݽ»¸¶Áè¼Ý3ÍòÁ¾ ¿÷°ËÒÚµÄÓÀ»Ô £¬Ñ§µ½ÅÖ¶«À´ÄÄЩ¾«Ë裿 ÄÆÀë×Óµç³Ø¿´·¨ÕÇ6.72% Ö÷Á¦×ʽð¾»Á÷Èë96¹É º«¹úµÚ¶þ´óȯÉÌÄâÊ×´ÎÂòÈ볬ºã¾ÃÈÕ±¾¹úÕ® ÒòÊÕÒæÂʸߡ¢ÈÕÔªÉýÖµÔ¤ÆÚ CWG MarketsÍâ»ã:Ó¡¶È¶íÓÍÈë¿Ú¹¥»÷Êг¡ ͼ½â½ðîâ¹É·ÝÖб¨£ºµÚ¶þ¼¾¶Èµ¥¼¾¾»ÀûÈóͬ±ÈϽµ19.39% ÀíÏë³µÖ÷ÔâÓöÈËÉí¹¥»÷£¿¶¶Òô£ºÈ·ÊµÓÐ £¬ÒÑÔÚ´¦Öóͷ£ °²»Õ³ǫ̈10Ìõ½ðÈÚ²½·¥ È«Á¦ÎÈÍâóÎÈÍâ×Ê 8ÔÂ3ÕÅÍòÍò¼¶·£µ¥ ÓдóÐÐÖ§ÐÐÒò´û¿î×ʽð¡¢ÐÅÓÿ¨×ʽðÈëÊб»·£ »ªÐÇ´´Òµ£º¹«Ë¾½«¼ÌÐø¹ØÓÚÔªÓîÖæ¡¢ÐéÄâÏÖʵºÍÊý×ÖÈ˵ÈÊý×Ö²úÆ·µÄÑо¿ºÍ¿ª·¢ A¹É¹¥»÷Ê®Äê¸ßµã £¬´óĦ£ºÕâÒ»´Î·×ÆçÑù £¬¹Ø×¢ËÄ´ó¡°¿ÉÒ»Á¬Ðźš± ²ÙÅ̱ضÁ£ºÓ°Ïì¹ÉÊÐÀûºÃ»òÀû¿ÕÐÂÎÅ_2025Äê9ÔÂ8ÈÕ_²Æ¾­ÐÂÎÅ Á½´ó°ü¹Ü¾ÞÍ·Æë·¢°ëÄ걨 ¹ÉƱ»ù½ðÉèÖþùÌáÉý »ªÈóÖõأºÏúÊÛÎȾÓÐÐҵǰÈý £¬¾­³£ÐÔӪҵТ˳½¹µã¾»ÀûÈó60% Áú»¢°ñ½ÒÃØ£º2¹É»ñ»ú¹¹ÒÚÔª¾»ÂòÈë ÃÀ¹úÊÕÒæÂÊÇúÏßÏÕÒªÀ­ÏìͨÕ;¯±¨ £¬Å·ÖÞÈ´ÏÖÌ×ÀûÁ¼»ú »ÆÑÅÀö¡¢°×º£ÁÖ»á¼û»ªÈó¼¯ÍŸ±×Ü˾Àíº«Ô¾Î°Ò»ÐÐ ½Ü»ªÌØ£º¸°Ïã¸ÛÉÏÊб¸°¸·´ÏìÒâ¼û £¬Éæ¹ÉȨ±ä»»¡¢¾³ÍâͶ×ÊµÈ Ë¼Á¿Å²ÓÃÕý¹æ¾ü¡¢ÑÓÉì¹ú¼Ò½ôÆÈ״̬ ÌØÀÊÆÕ¾Í»ªÊ¢¶ÙÎÊÌâ×îÐÂÁÁÏà¡ú DeepSeek-R2ÒªÀ´ÁË£¿ËÙÁì450Ôª´ú½ðȯ £¬Ä£×Ó²âÆÀ¿ìÈËÒ»²½£¡ ÐÂ˼¿Æ¼¼ÖØ´ìÓâ34% £¬´ËǰÐû²¼2025ÄêÓªÊÕÄ¿µÄ µÃ°îÕÕÃ÷£ºÔöÑ¡¹«Ë¾µÚÎå½ì¶­Ê»á·Ç×ÔÁ¦¶­ÊÂ Å©ÒµÒøÐн«ÔÚ8ÔÂ26-28ÈÕ·¢ÊÛɽÎ÷Ê¡²ÆÎñÌü¿¯Ðеġ°25ɽÎ÷Õ®46¡± ¶íÃÀÏòµ¼ÈË»áÎîÔÚ¼´ ÉúÒâÔ±ÇÀ¹ºÓÐÍûÊÜÒæÓÚÍ£»ð̸ÅеÄ×ʲú ½ñÈÕÊӵ㣺·¿µØ²úÐÐҵתÐ;۽¹¡°ËÄÌõ·¾¶¡±·¢Á¦ ÌìÆëï®Òµ£ºÖÜÆÚÖÐÔõÑùÇ¿ÈÍÆÆ¾Ö ²Æ²úÇ÷ÊÆÒµ¼¨Ò»Á¬³Ðѹ ʵ¿ØÈË»ÆÉ½Äâ¼õ³Ö²»Áè¼Ý3%¹É·Ý ¼õ³Ö½ð¶îÉÏÏÞ´ï8ÒÚÔª 9ÔÂ1ÈÕÆô¶¯ÉúÒâ£¡ÌØÀÊÆÕ¼Ò×åµÄ¡°½¹µã´ú±Ò¡±À´ÁË £¬¡°½ðÈÚ»ùʯ¡¢Êг¡²©ÞÄÓëºê¹ÛÐðÊ¡±µÄÈýλһÌå ¾ÃÎá¸ß¿ÆÓëÄϾ©´óѧÍâÑó½ÌÓýѧԺ¹²Ì½Ð£ÆóÏàÖúлúÖÆ ÖÐÐ¡ÒøÐдúÏú»ù½ð·ÑÂʵÍÖÁ0.1ÕÛ 10ÒÚ½ðÈÚ¸³ÄÜÍýÏëÂ䵨£¡ ¼ÓËÙÐÂÄÜÔ´×ʲú¼ÛÖµÊÍ·Å ¹ì½»×°±¸°å¿éÕðµ´×ßÇ¿ ±ØµÃ¿Æ¼¼ÕÇÍ£´´ÀúÊ·ÐÂ¸ß ¹©Ó¦Ñ¹Á¦ÈÔ´æ µ°¼Û¶ÌÆÚ·´µ¯¿Õ¼ä»òÓÐÏÞ µç×Ó»¯Ñ§Æ·ÐÐÒµÉÏÊй«Ë¾¶­ÃØPK£ºÈÝ´ó¸Ð¹â²ÌÆôÉÏÄêËê×î´ó £¬58Ëê £¬2014Äê8ÔÂ×îÏÈÈÎÖ° ÖйúÒÆ¶¯Ñо¿ÔºÁ¢ÒìЧ¹ûÁÁÏà2025Öйú¹ú¼Ê´óÊý¾Ý¹¤ÒµÕ¹ÀÀ»á ¾°¼Î΢(300474)7ÔÂ18Èչɶ«»§Êý9.78Íò»§ £¬½ÏÉÏÆÚÔöÌí0.8% С½ðÊôÐÐÒµCFOн×ÊPK£ºÖпó×ÊÔ´CFO½ªÑÓÁúÄêн³¬°ÙÍò ¹«Ë¾Ã«ÀûÂÊ´ó·ùϽµ¡¢ROE½µÖÁȱ·¦7%