Summary of Key Points Core Viewpoint - On October 31, the Beijing Stock Exchange (BSE) saw a total trading volume of 1.299 billion shares and a trading value of 32.323 billion yuan, representing a decrease of 10.622 billion yuan compared to the previous trading day. A total of 219 stocks closed higher, indicating a positive market sentiment despite the drop in trading volume [1]. Trading Performance - The trading volume for the BSE was 1.299 billion shares, with a trading value of 32.323 billion yuan, down from the previous day by 10.622 billion yuan [1]. - Among the traded stocks, 219 stocks rose, accounting for 78.49% of the total, with notable gainers including Lijia Technology (up 13.91%), Deyuan Pharmaceutical (up 13.09%), and Sanyuan Gene (up 13.07%) [1]. - Conversely, 55 stocks declined, with Huifeng Diamond, Jiuling Technology, and Mezhigao experiencing the largest drops of 6.34%, 4.96%, and 4.57% respectively [1]. Active Stocks - A total of 93 stocks had a trading value exceeding 100 million yuan, with the highest trading values recorded for Beiterui (1.359 billion yuan), Fujida (999.5 million yuan), and Guozi Software (709.8 million yuan) [1]. - The trading activity was characterized by 46 stocks having a turnover rate exceeding 10%, with 8 stocks exceeding 20%. The highest turnover rates were seen in Digital Human (32.55%), Jinhua New Materials (28.91%), and Taikai Ying (27.85%) [1]. Notable Stock Details - Key stocks and their performance included: - Beiterui: Closing price 36.45 yuan, up 4.71%, turnover rate 3.29%, trading value 1.359 billion yuan [1]. - Guozi Software: Closing price 44.70 yuan, up 11.75%, turnover rate 26.35%, trading value 709.8 million yuan [1]. - Deyuan Pharmaceutical: Closing price 41.30 yuan, up 13.09%, turnover rate 12.64%, trading value 523.0 million yuan [1].

Core Viewpoint - Guozi Software (920953) experienced a significant increase of 11.75% in its stock price, with a trading volume of 710 million yuan and a turnover rate of 26.35% on the day of reporting [1] Trading Activity - The stock's turnover rate of 26.35% led to its listing on the North Exchange's watchlist, indicating heightened trading activity [1] - Institutional investors net bought 6.9063 million yuan worth of shares, while brokerage seats collectively net sold 4.3921 million yuan [1] - The top five trading departments accounted for a total transaction volume of 114 million yuan, with a net buying amount of 2.5142 million yuan [1] Specific Trading Details - The top buying and selling departments included: - Buy One: Guojin Securities Shenzhen Branch with a buying amount of 13.6014 million yuan and selling amount of 2.2615 million yuan [1] - Buy Two: Institutional Special Seat with a buying amount of 10.9235 million yuan and selling amount of 4.0172 million yuan [1] - Buy Three: Guoxin Securities Shenzhen Internet Branch with a buying amount of 9.7262 million yuan and selling amount of 9.5054 million yuan [1] - The selling activities were led by: - Sell One: China Zhongjin Wealth Securities Haikou Longhua Road Branch with a selling amount of 13.2885 million yuan and a buying amount of 5.42 million yuan [1] - Sell Two: Guoxin Securities Shenzhen Internet Branch with a selling amount of 9.5054 million yuan [1]

证券代码：920953 证券简称：国子软件 公告编号：2025-128 山东国子软件股份有限公司 第四届董事会第十八次会议决议公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连 带法律责任。 一、会议召开和出席情况 （一）会议召开情况 1.会议召开时间：2025 年 10 月 29 日 2.会议召开地点：公司第一会议室 3.会议召开方式：现场结合通讯方式 7.召开情况合法合规的说明： 本次董事会的召集、召开符合《公司法》《公司章程》的相关规定，会议合 法、合规。 （二）会议出席情况 会议应出席董事 9 人，出席和授权出席董事 9 人。 二、议案审议情况 （一）审议通过《关于公司<2025 年第三季度报告>的议案》 1.议案内容： 根据相关法律法规、规范性文件及《公司章程》规定，结合公司 2025 年第 三季度的经营情况，公司编制了《2025 年第三季度报告》。具体内容详见公司在 北京证券交易所信息披露平台（https://www.bse.cn）发布的《2025 年第三季 度报告》（公告编号：2025-129）。 4 ...

Market Overview - On October 29, the IT services sector rose by 0.23% compared to the previous trading day, with Luqiao Information leading the gains [1] - The Shanghai Composite Index closed at 4016.33, up 0.7%, while the Shenzhen Component Index closed at 13691.38, up 1.95% [1] Top Gainers in IT Services - Luqiao Information (code: 920748) closed at 70.20, with a significant increase of 17.45% and a trading volume of 88,200 shares, amounting to a transaction value of 531 million [1] - Shenzhou Information (code: 000555) saw a rise of 9.99%, closing at 16.73, with a trading volume of 724,800 shares and a transaction value of 1.174 billion [1] - Other notable gainers include Liandi Information (code: 920790) up 8.28%, Guozi Software (code: 920953) up 6.58%, and Shenzhou Digital (code: 000034) up 6.42% [1] Top Losers in IT Services - Among the losers, Danghong Technology (code: 688039) fell by 5.68%, closing at 52.32, with a trading volume of 79,100 shares and a transaction value of 413 million [2] - Hailianxun (code: 300277) decreased by 5.27%, closing at 13.30, with a trading volume of 204,200 shares and a transaction value of 273 million [2] - Other significant declines include Rongji Software (code: 002474) down 4.32% and Borui Data (code: 688229) down 4.23% [2] Capital Flow Analysis - On the same day, the IT services sector experienced a net outflow of 1.428 billion from institutional investors, while retail investors saw a net inflow of 1.497 billion [2][3] - Notably, Shenzhou Digital (code: 000034) had a net inflow of 742 million from institutional investors, despite a net outflow of 509 million from speculative funds [3] - Other companies like Yanshan Technology (code: 002195) and Wangsu Technology (code: 300017) also showed varying degrees of net inflows and outflows from different investor categories [3]

Core Points - The Shanghai Composite Index is currently at 3993.52 points, slightly below the half-year line with a change of -0.09% [1] - A total of 66 A-shares have surpassed the half-year line today, with notable stocks showing significant deviation rates [1] Group 1: Stock Performance - The stock with the highest deviation rate is Libang Instruments, with a deviation rate of 14.95% and a daily increase of 16.28% [1] - Tax Friend Co. and Founder Motor follow with deviation rates of 6.81% and 6.27%, respectively, both showing daily increases of 10.00% and 9.98% [1] - Other notable stocks include Cuihua Jewelry and Furuite Equipment, with deviation rates of 4.94% and 4.50% respectively [1] Group 2: Trading Volume and Market Activity - The total trading volume of A-shares today reached 10089.87 billion yuan [1] - The turnover rate for Tax Friend Co. is notably high at 46.64%, indicating strong trading activity [1] - Other stocks with significant turnover rates include Libang Instruments at 10.82% and Cuihua Jewelry at 8.21% [1]

证券代码：920953 证券简称：国子软件 公告编号：2025-127 山东国子软件股份有限公司 关于使用部分闲置募集资金进行现金管理的进展公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记 载、误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个 别及连带法律责任。 | 银行 | 财产品 | 金系列看涨 | 或 | 天 | 收益 | 性存 | 资金 | | --- | --- | --- | --- | --- | --- | --- | --- | | 股份 | | 两层区间 | 1.65% | | | 款 | | | 有限 | | 31 天结构 | | | | | | | 公司 | | 性存款（产 | | | | | | | 济南 | | 品代码： | | | | | | | 高新 | | NJN02366） | | | | | | | 支行 | | | | | | | | （二） 使用闲置募集资金进行现金管理的说明 公司本次使用部分闲置募集资金进行现金管理的产品为结构性存款，市场 风险较小，能够满足安全性高、流动性好、保证本金安全的要求。 （三） 累计现金管理金额未超过 ...

Group 1 - The Bay Area Semiconductor Expo successfully showcased high-growth semiconductor targets, with 18 companies in the semiconductor industry on the North Exchange, totaling a market value of 73.242 billion yuan as of October 17, 2025 [2][22][24] - Tonghui Electronics (920509.BJ) achieved a revenue of 101 million yuan in H1 2025, representing a year-on-year growth of 16.81%, and a net profit of 29.3099 million yuan, up 55.40% year-on-year [2][24][27] - The semiconductor industry is expected to benefit from the integration of the entire semiconductor supply chain, with significant participation from top global companies [12][13] Group 2 - The average weekly decline for five major industries, including high-end equipment and information technology, was recorded at -4.50% and -5.43% respectively [3][28] - The median price-to-earnings (PE) ratio for the high-end equipment industry dropped to 40.1X, while the information technology sector saw an increase to 69.6X [3][30] - The chemical new materials industry also experienced a decline in median PE ratio to 40.4X, with notable performers like Litong Technology increasing by 39.83% [3][31] Group 3 - In the technology sector, the median TTM PE ratio for 156 companies decreased from 48.9X to 45.8X, with an overall market capitalization drop from 495.739 billion yuan to 471.131 billion yuan [4][40][41] - The top five gainers in the technology sector included Wantong Hydraulic (+16.56%) and Tonghui Electronics (+15.66%) [4][38][43] - The smart manufacturing industry saw its median PE ratio drop to 50.1X, while the electronic industry’s median PE ratio fell to 54.0X [4][45][51] Group 4 - The third-quarter reports are being disclosed, highlighting high-growth and scarce targets such as Yabo Xuan, which reported a revenue of 419 million yuan, up 55.9% year-on-year [5][62] - Other companies like Minshida and Lichuang Technology also reported significant revenue growth, with Minshida achieving 343 million yuan in revenue, a 21.77% increase [5][63] - The announcements indicate a focus on innovation and technology advancements, with several companies receiving patents and regulatory approvals [5][62][63]

证券代码：920953 证券简称：国子软件 公告编号：2025-126 山东国子软件股份有限公司 投资者关系活动记录表 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连 带法律责任。 一、 投资者关系活动类别 √特定对象调研 二、 投资者关系活动情况 活动时间：2025 年 10 月 16 日 活动地点：山东国子软件股份有限公司展厅、第一会议室 参会单位及人员：上海致新投资管理有限公司 上市公司接待人员：董事会秘书王蕾兵 三、 投资者关系活动主要内容 本次投资者关系活动的主要问题及公司对问题的回复概要如下： 问题 1：公司的主营业务。 回复： □业绩说明会 □媒体采访 √现场参观 □新闻发布会 □分析师会议 □路演活动 □其他 公司是国内数字政府及教育信息化领域的软件企业，主要面向全国各级各类 行政事业单位和学校，专注实物资产管理数字化、数据资产管理数字化、业财一 体化、资产管理专用物联网终端与设备相关业务的研究、开发与服务，致力于做 有管理思想的资产软件。 高校产品解决方案：聚焦产品有高校物联网资产管理平台、高校房产 ...

证券代码：920953 证券简称：国子软件 公告编号：2025-125 山东国子软件股份有限公司 关于使用部分闲置募集资金进行现金管理的进展公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记 载、误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个 别及连带法律责任。 一、 授权现金管理情况 1、审议情况：山东国子软件股份有限公司（以下简称"公司"）于 2025 年 6 月 27 日召开第四届董事会第十三次会议和第四届监事会第十三次会议，审 议通过了《关于使用闲置募集资金进行现金管理的议案》，为提高公司资金使 用效率，增加投资收益，在确保募集资金安全、不影响募集资金投资计划正常 进行的前提下，同意公司使用额度不超过人民币 13,000 万元的闲置募集资金 进行现金管理，在上述额度范围内，资金可以循环滚动管理。具体议案内容详 见公司在北京证券交易所披露平台（https://www.bse.cn）披露的《关于使用 闲置募集资金进行现金管理的公告》（公告编号：2025-059）。 2、披露标准：根据《北京证券交易所股票上市规则》中相关规定，交易的 成交金额占上市公司最近一期经审计净资 ...

Core Insights - The IT services sector experienced a rise of 1.29% on October 15, with ST Diwei Xun leading the gains [1] - The Shanghai Composite Index closed at 3912.21, up 1.22%, while the Shenzhen Component Index closed at 13118.75, up 1.73% [1] IT Services Sector Performance - ST Diwei Xun saw a significant increase of 20.00%, closing at 6.18, with a trading volume of 192,100 shares and a transaction value of 110 million [1] - Rongmu Software increased by 9.95%, closing at 8.07, with a trading volume of 810,200 shares and a transaction value of 629 million [1] - Other notable performers included Shiji Ruier (+5.80%), Wantong Technology (+5.25%), and Guozi Software (+5.14%) [1] Market Capital Flow - The IT services sector saw a net outflow of 6.2785 million from institutional investors, while retail investors contributed a net inflow of 603 million [2][3] - The overall market showed a mixed trend with some stocks experiencing significant outflows from both institutional and speculative funds [2][3] Individual Stock Fund Flow - Rongmu Software had a net inflow of 191 million from institutional investors, while it faced a net outflow of 83.5 million from speculative funds [3] - Donghua Software and Capital Online also saw positive net inflows from institutional investors, indicating strong interest in these stocks [3] - Conversely, stocks like Road and Bridge Information and Jingsong Intelligent faced notable declines in both institutional and speculative fund flows [2][3]