股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年7月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 訊飛醫療科技股份有限公司 呈交日期: 2025年8月6日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 其他類別 (請註明) | | 於香港聯交所上市 (註1) | | 否 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | N/A | 說明 | 非上市股份 | | | | | | | | | 法定/註冊股份數目 | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 43,581,121 RMB | | | 1 RMB | | 43,581,121 | | 增加 / 減少 (-) | | | | | | RMB | | | | 本月底結存 | | | 43,581,121 RMB | | | 1 RMB | | 43,581,121 | | 2. 股份分類 | 普通股 | 股份類別 | H ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確 性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容而產生或 因倚賴該等內容而引致的任何損失承擔任何責任。 Xunfei Healthcare Technology Co., Ltd. 訊 飛 醫 療 科 技 股 份 有 限 公 司 （ 於 中 華 人 民 共 和 國 註 冊 成 立 的 股 份 有 限 公 司 ） （股份代號：2506） 變更註冊辦事處地址 訊飛醫療科技股份有限公司（「本公司」）董事會謹此宣佈，本公司於近日收到 經更新的營業執照，本公司的註冊辦事處地址已變更為中國安徽省合肥市高 新區城西橋社區服務中心科創路666號科大訊飛人工智能研發生產基地（一期） 1號樓4層至5層（北區），自2025年7月31日起生效。本公司的公司網站維持不變。 承董事會命 訊飛醫療科技股份有限公司 執行董事 陶曉東博士 香港，2025年7月31日 截至本公告日期，本公司董事會包括：(i)執行董事陶曉東博士；(ii)非執行董事劉慶峰博士、 趙志偉先生及段大為先生；及(iii)獨立非執行董事汪揚教授、趙惠芳教授及談慶先生。 ...

Core Viewpoint - The company iFlytek Medical Technology has achieved an A-level ESG rating from Wind, reflecting its strong performance in governance, social responsibility, and environmental management, with a score of 7.55, significantly above the industry average of 6.08 [1][4]. Group 1: ESG Rating and Performance - iFlytek Medical Technology ranks 24th among 245 information technology service companies in the ESG rating, showcasing its innovative practices in AI healthcare [1]. - The Wind ESG rating system evaluates companies based on over 500 detailed indicators, assessing their ESG risks and sustainable operational capabilities [4]. Group 2: Social Responsibility - The company emphasizes employee rights and diversity, with a comprehensive compensation and benefits system and anti-discrimination policies, achieving a female employee ratio of 32% [4]. - iFlytek Medical Technology scored 8.04 in information security and privacy protection, significantly higher than the industry average of 3.91, and has obtained ISO 27001 certification [4]. Group 3: Governance - The company has a diverse board policy, with an independent director ratio of 42.86% and a perfect score of 10 in audit mechanisms, contributing to a robust governance structure [4]. - A comprehensive risk management system is in place to ensure compliance and stability in business operations [4]. Group 4: Environmental Initiatives - In 2024, iFlytek Medical will move to a new facility designed around "green and energy-saving" principles, promoting energy efficiency and low-carbon operations [4]. - The company is implementing a series of environmental measures, including paperless offices and green commuting, while enhancing its carbon emission tracking mechanisms [4]. Group 5: Market Outlook - Strong growth in the BC segment is noted, with the application of large models in the medical field expanding market opportunities for the company [5]. - The company is expected to maintain long-term competitiveness in medical AI due to its deep understanding of the Chinese healthcare industry and product synergy across three major terminals [5].

Core Insights - In June 2025, a total of 241 ETF funds experienced net inflows, while 503 funds saw net outflows, indicating a significant disparity in investor sentiment towards different ETFs [1] - The top five ETFs with net inflows exceeded 1 billion yuan, with notable inflows into the CSI A500 ETF and the Shanghai Stock Company Bond ETF [1][3] - Conversely, 33 ETFs had net outflows exceeding 1 billion yuan, with the CSI 300 ETF and the SSE 50 ETF leading in outflows [3][5] Inflow Summary - The top five ETFs with the highest net inflows were: 1. CSI A500 ETF: 2244.75 million yuan 2. CSI A500 ETF Southern: 1653.83 million yuan 3. Shanghai Stock Company Bond ETF: 1130.47 million yuan 4. A500 ETF Jiashi: 1057.96 million yuan 5. Credit Bond ETF Dacheng: 992.1 million yuan [3][5] - A total of 123 ETFs have seen continuous net inflows, with the Hong Kong Stock Connect Dividend ETF leading with inflows over 10.35 billion yuan [5][6] Outflow Summary - The top five ETFs with the highest net outflows were: 1. CSI 300 ETF: 2685.81 million yuan 2. SSE 50 ETF: 1480.05 million yuan 3. Short-term Bond ETF: 1164.65 million yuan 4. CSI 300 ETF E Fund: 964.01 million yuan 5. CSI 1000 ETF: 927.71 million yuan [5][6] - A total of 321 ETFs have experienced continuous net outflows, with the Hang Seng Consumption ETF leading with outflows of 4.55 billion yuan [6][7] Recent Trends - Over the past five days, 90 ETFs have seen net inflows exceeding 1 billion yuan, with the CSI A500 ETF experiencing significant growth in fund size [6][7] - In contrast, 126 ETFs have seen net outflows exceeding 1 billion yuan, with the Yinhua Daily ETF facing the largest decline in fund size [7]

Core Insights - On June 27, 2025, a total of 211 ETFs experienced net inflows, while 482 ETFs saw net outflows, indicating a significant disparity in investor sentiment towards different funds [1][3]. Inflows - 32 ETFs had net inflows exceeding 100 million yuan, with the top five being: - China Securities A500 ETF (563360.SH) with a net inflow of 3.2464 billion yuan - Government Bond ETF (511520.SH) with a net inflow of 1.106 billion yuan - Bank ETF (512800.SH) with a net inflow of 1.00228 billion yuan - A500 ETF Jiashi (159351.SZ) with a net inflow of 971 million yuan - Government Bond ETF Dongcai (511160.SH) with a net inflow of 949 million yuan [1][3]. - A total of 119 ETFs have seen continuous net inflows recently, with notable inflows in: - Hong Kong Stock Connect Dividend ETF with a net inflow of 1.015 billion yuan over 43 days - Credit Bond ETF Daceng with a net inflow of 7.317 billion yuan over 37 days - Shanghai Stock Exchange Company Bond ETF with a net inflow of 13.738 billion yuan over 30 days [5][6]. Outflows - 55 ETFs had net outflows exceeding 100 million yuan, with the top five being: - Yinhua Daily ETF (511880.SH) with a net outflow of 2.68249 billion yuan - Huatai-PB CSI 300 ETF (510300.SH) with a net outflow of 1.1994 billion yuan - China Securities A500 ETF Fu Guo (563220.SH) with a net outflow of 872.82 million yuan - Huatai-PB CSI 300 ETF Yifangda (510310.SH) with a net outflow of 820.04 million yuan - CSI 500 ETF (510500.SH) with a net outflow of 633.9 million yuan [1][5]. - A total of 351 ETFs have experienced continuous net outflows, with the most significant outflows in: - Hang Seng Consumption ETF with a net outflow of 444 million yuan over 38 days - Hong Kong Stock Connect Medical ETF with a net outflow of 1.3 billion yuan over 31 days [6]. Recent Trends - Over the past five days, 77 ETFs have seen cumulative net inflows exceeding 100 million yuan, with the largest inflows in: - China Securities A500 ETF with a net inflow of 11.281 billion yuan - Shanghai Stock Exchange Company Bond ETF with a net inflow of 5.189 billion yuan [6]. - Conversely, 114 ETFs have experienced cumulative net outflows exceeding 100 million yuan, with the largest outflows in: - Yinhua Daily ETF with a net outflow of 9.483 billion yuan - Huabai Tianyi ETF with a net outflow of 2.817 billion yuan [6].

Group 1 - A total of 170 ETF funds experienced net buying, while 34 funds saw net selling of securities [1] - The amount of net buying exceeded 5 million yuan for 29 ETFs, with significant inflows into Bank ETF (512800.SH) and Nasdaq Technology ETF (159509.SZ) [1][3] - The top five ETFs by net buying amount included Bank ETF (22.51 million yuan), Nasdaq Technology ETF (1.20 million yuan), and Low Volatility Dividend ETF (5.52 million yuan) [3] Group 2 - Three ETFs had net selling amounts exceeding 5 million yuan, including CSI 500 ETF (510500.SH) and Securities ETF (159841.SZ) [1][5] - The top three ETFs by net selling amount were CSI 500 ETF (19.02 million yuan), Securities ETF (7.22 million yuan), and Convertible Bond ETF (7.14 million yuan) [5] - Recent trends showed 73 ETFs with continuous net buying, led by Medical Innovation ETF and Pharmaceutical ETF [1][6] Group 3 - Over the past five days, 65 ETFs had net buying exceeding 5 million yuan, with Bank ETF leading at 34 million yuan [6][8] - The top five ETFs by net buying over the last five days included Bank ETF, Hong Kong Securities ETF, and Nasdaq Technology ETF [6][8] - Conversely, four ETFs had net selling exceeding 5 million yuan, with CSI A500 ETF leading at 51.73 million yuan [8][10]

Market Overview - As of June 27, 2025, A-shares showed mixed performance with the Shanghai Composite Index down by 0.70% at 3424.23 points, while the Shenzhen Component Index rose by 0.34% to 10378.55 points, and the ChiNext Index increased by 0.47% to 2124.34 points [1] - The total trading volume across both markets reached 1.54 trillion yuan, with northbound capital trading balanced for the day [1] Sector Performance - Industrial metals, other electronics, and communication equipment were the top gainers, with increases of 3.49%, 3.10%, and 2.56% respectively [1] - Conversely, rural commercial banks, large state-owned banks, and city commercial banks were the biggest losers, declining by 3.40%, 3.06%, and 2.90% respectively [1] ETF Performance - A total of 571 non-currency ETFs rose, accounting for 49% of the market [1] - The China Securities Communication Equipment Theme Index increased by 2.36%, while the Communication Equipment ETF rose by 2.62% [1] - The China Securities Industrial Nonferrous Metals Theme Index saw a rise of 2.22%, with the Industrial Nonferrous ETF increasing by 2.89% [1] Specific ETF Details - The Asia Pacific Select ETF (159687.SZ) has a latest share size of 325 million, closely tracking the FTSE Asia Pacific Low Carbon Select Index, which emphasizes low carbon companies [4] - The Industrial Nonferrous ETF (560860.SH) has a share size of 455 million and tracks the China Securities Industrial Nonferrous Metals Theme Index, with a current P/E ratio of 14.62, below the historical average [4] - The Nonferrous 50 ETF (159652.SZ) has a share size of 256 million and tracks the China Securities Sub-Industry Nonferrous Metals Theme Index, with a current P/E ratio of 17.83, also below the historical average [5] Declining ETFs - A total of 520 non-currency ETFs declined, representing 45% of the market [5] - The China Securities 800 Bank Index and the China Securities Bank Index were among the largest decliners, down by 2.95% and 2.94% respectively [5] Premium Rates - The S&P 500 Consumer Select Index had a premium rate of 25.79%, while the S&P 500 Index had a premium of 12.87% [8] - The top three ETFs by premium rate included the S&P Consumer ETF (25.79%), S&P 500 ETF (12.87%), and Saudi ETF (4.77%) [9]

Group 1: Federal Reserve and Bond Market - The financial market experienced increased volatility, with short-term government bonds becoming the preferred choice for risk-averse investors as expectations for Federal Reserve rate cuts rose [1] - The yield curve steepened, with the difference between five-year and thirty-year Treasury yields approaching the highest level since 2021, indicating a consensus that short-term bond yields will decline faster than long-term yields [1] - Federal Reserve officials, including Waller and Bowman, signaled a dovish stance, suggesting that if inflation continues to improve, rate cuts could begin as early as July, with a 20% probability for action in September [2] Group 2: Sanyou Group's Achievements - Sanyou Group's subsidiaries in electronic chemicals, chlor-alkali, and silicon industries were recognized as "Advanced Intelligent Factories" by the Hebei Provincial Department of Industry and Information Technology, highlighting the group's strength in smart manufacturing [3][4] - The recognition reflects significant progress in digital transformation and the establishment of a "Smart Sanyou" framework, which aims to accelerate the intelligent upgrade of the entire industrial chain [4] Group 3: Soda Ash Market Analysis - The domestic soda ash market showed a weak and fluctuating trend, with prices gradually declining due to a supply surplus and weak demand, leading to increased industry inventory [5][6] - The market is characterized by high operating rates and a cautious purchasing strategy from downstream enterprises, resulting in a continued bearish outlook for soda ash prices [5][6] - As of June 26, the soda ash industry operating rate was approximately 84%, with total inventory rising to 176.65 million tons, reflecting a 2.20% increase from the previous week [14][16] Group 4: Production Profitability and Cost Analysis - As of June 26, the profitability of the soda ash production methods showed a significant decline, with the profit from the soda ash method dropping to 26.00 yuan/ton, a decrease of 73.87% from the previous week [10][11] - The overall cost remained stable, but the continuous decline in soda ash prices has led to a substantial drop in profitability [10]

Core Insights - On June 26, 2025, a total of 310 ETF funds experienced net buying from major funds, while 263 ETF funds faced net selling [1] - The top five ETFs with net buying exceeding 100 million yuan included Credit Bond ETF Dachen, National Bond ETF, 5-Year Local Bond ETF, 0-4 Year Local Bond ETF, and 30-Year National Bond ETF Boshi, with net buying amounts of 2.32 billion yuan, 1.56 billion yuan, 1.36 billion yuan, 1.02 billion yuan, and 960 million yuan respectively [3][5] - Among stock ETFs, 64 funds saw net buying over 10 million yuan, with the top five being CSI A500 ETF, Sci-Tech Innovation Index ETF Huaxia, Bank ETF, Sci-Tech 50 ETF, and Hong Kong Innovative Drug ETF, with net buying amounts of 584 million yuan, 107 million yuan, 89 million yuan, 77 million yuan, and 77 million yuan respectively [5][7] Net Buying and Selling Trends - Major funds have continuously net bought 201 ETFs recently, with the top five being Entrepreneur Large Cap ETF (28 days), Hong Kong Stock Connect Pharmaceutical ETF (12 days), Nasdaq ETF (11 days), Nasdaq 100 ETF (10 days), and Hang Seng Pharmaceutical ETF (9 days), with net buying amounts of 327 million yuan, 202 million yuan, 248 million yuan, 105 million yuan, and 633 million yuan respectively [9][11] - Conversely, 109 ETFs have seen continuous net selling, with the top five being Bank ETF Southern (10 days), Innovative Drug ETF (9 days), Bank ETF Leader (8 days), Bank AH Preferred ETF (8 days), and Pharmaceutical ETF (8 days), with net selling amounts of 165 million yuan, 75 million yuan, 97 million yuan, 89 million yuan, and 41 million yuan respectively [15][16] Recent Performance - Over the past five days, 87 ETFs have experienced net buying exceeding 100 million yuan, with the top five being Credit Bond ETF Fund, Company Bond ETF, Hong Kong Securities ETF, Credit Bond ETF Boshi, and Policy Financial Bond ETF, with net buying amounts of 13.93 billion yuan, 4.98 billion yuan, 4.72 billion yuan, 4.35 billion yuan, and 3.56 billion yuan respectively [18][20] - In contrast, 18 ETFs have seen net selling exceeding 100 million yuan, with the top five being Yin Hua Daily ETF, Credit Bond ETF, Short-term Bond ETF, Hua Bao Tian Yi ETF, and National Bond ETF Dongcai, with net selling amounts of 1.43 billion yuan, 379 million yuan, 342 million yuan, 320 million yuan, and 255 million yuan respectively [22][24]

Core Insights - The core event was the launch of iFlytek Medical's Spark Medical Model V2.5 International Version and iFlytek Xiaoyi Hong Kong Version, marking a significant transition from technology development to global commercialization [1] - The launch reflects a substantial advancement in iFlytek Medical's international strategy, which is crucial for investment institutions focusing on AI healthcare [1] Product and Technology - The Spark Medical Model V2.5 International Version has significantly enhanced specialized diagnostic capabilities, achieving standards comparable to chief physicians in top-tier hospitals across various specialties [2] - The model supports bilingual (Chinese and English) and trilingual (Mandarin, Cantonese, English) interactions, laying a technical foundation for overseas market expansion [2] - iFlytek Xiaoyi has achieved over 24 million downloads and completed over 140 million AI health consultations, with a user satisfaction rate of 98%, indicating strong market presence and potential for monetization [2] Strategic Positioning - iFlytek Medical has chosen Hong Kong as a key international strategy hub, benefiting from government support and aligning with Hong Kong's push for an international innovation technology center [3] - The company has established a comprehensive commercialization system, operating in both government-enterprise and consumer markets, which diversifies risk and creates a data feedback loop [4] - Collaborations with over 500 hospitals enhance the company's credibility and provide a model for commercial expansion in specialized fields [4] Investment Value Assessment - The recent launch event signals multiple positive indicators, including confirmed technological leadership in AI healthcare and a clear path for commercialization [5] - The shift from general to specialized services aligns with industry trends, enhancing the clarity of commercial prospects [6] - iFlytek Medical's international strategy is expected to lead to a reassessment of its valuation, with potential for premium valuations similar to successful international AI healthcare companies [6]