Investment Rating - The industry investment rating is optimistic [1] Core Insights - The financial IT sector shows significant elasticity during the initial stages of a bull market, with notable price increases and valuation expansions [3] - The combination of technology and finance attributes leads to a "Davis Double Play" effect during bull markets, particularly highlighted in 2015 [4] - Current advancements in AI and new business developments are expected to drive further growth in the financial IT sector [5] Summary by Sections 2014-2015: Liquidity Explosion, Financial Technology Leads - The bull market from 2014 to 2015 was driven by ample liquidity and the rise of mobile internet, leading to significant gains in financial technology stocks [15][19] - Financial technology stocks experienced substantial price increases, with some stocks seeing gains close to 450% compared to mid-2014 levels [4] - The financial IT sector benefited from increased investor participation and software usage during the bull market [33] 2016-2018: Structural Bull Market, Varied Performance in Financial Technology - The period from 2016 to 2018 was characterized by a structural bull market influenced by supply-side reforms and foreign capital inflows [43] - Financial technology stocks underperformed compared to the broader market during this period, primarily due to high valuations and changing market preferences [46][52] - The financial IT sector faced challenges as the market shifted focus towards blue-chip and consumer stocks, leading to a decline in growth stocks [56] 2019-2021: Core Assets Drive Structural Bull Market - The financial technology sector saw a resurgence from 2019 to 2021, driven by global liquidity and domestic industrial upgrades [70] - The introduction of the Sci-Tech Innovation Board in 2019 significantly boosted the financial technology sector, with strong performance noted in various market phases [76][81] - Financial technology stocks outperformed the market during key periods, reflecting the sector's recovery and growth potential [82]

Core Viewpoint - Zhongke Soft's stock price has increased by 1.30% to 20.32 yuan, indicating positive market sentiment and trading activity [1] Company Overview - Zhongke Soft is a leading provider of industry application software and solutions in China, primarily serving sectors such as insurance, government, healthcare, and transportation [1] - The company has a strong foundation in software development, with business operations spanning financial technology and healthcare information technology [1] Recent Developments - The company disclosed on its investor interaction platform that it possesses relevant technical reserves for China's Cross-Border Interbank Payment System (CIPS) and has previously provided technical services for payment systems to regulatory authorities [1] - In the healthcare sector, Zhongke Soft has successfully implemented AI technology in various applications, including intelligent identification of tuberculosis and smart customer service for vaccine administration [1] Market Activity - As of August 6, data shows that the main capital outflow from Zhongke Soft amounted to 52.77 thousand yuan, with a cumulative net outflow of 3,507.72 thousand yuan over the past five days [1]

中科软（603927.SH）8月5日在投资者互动平台表示，公司拥有中国跨境支付系统（CIPS）的相关技术 储备，曾为某监管机构提供支付系统CCPC及CIPS相关的技术服务。截至目前，相关业务占公司营业收 入比重很小。 （文章来源：每日经济新闻） 每经AI快讯，有投资者在投资者互动平台提问：你好，公司在跨境支付领域目前有没有具体落地的应 用场景？ ...

通过天眼查大数据分析，中科软科技股份有限公司共对外投资了17家企业，参与招投标项目5000次，知 识产权方面有商标信息8条，专利信息37条，此外企业还拥有行政许可8个。 来源：金融界 金融界消息 截至2025年8月5日收盘，中科软（603927）报收于20.06元，上涨0.15%，换手率1.02%，成 交量8.47万手，成交金额1.69亿元。 天眼查商业履历信息显示，中科软科技股份有限公司，成立于1996年，位于北京市，是一家以从事软件 和信息技术服务业为主的企业。企业注册资本83104万人民币，实缴资本83104万人民币。公司法定代表 人为左春。 资金流向方面，今日主力资金净流出1323.58万元，占比成交额7.81%。其中，超大单净流出54.40万 元、占成交额0.32%，大单净流出1269.18万元、占成交额7.49%，中单净流出流入641.94万元、占成交 额3.79%，小单净流入681.64万元、占成交额4.02%。 中科软最新一期业绩显示，截至2025一季报，公司营业总收入12.35亿元、同比减少4.08%，归属净利润 1623.67万元，同比减少162.74%，扣非净利润1693.41万元，同比 ...

格隆汇8月5日丨中科软(603927.SH)在投资者互动平台表示，公司在医疗卫生领域的部分场景具有AI的 应用落地，例如基于多模态AI的肺结核智能识别与风险预测、疫苗接种场景的智能客服、针对基层预 防接种工作人员的智能培训学习等多项场景。 ...

Core Viewpoint - The A-share market shows a slight decline with the Shanghai Composite Index at 3590.38 points, down 0.70%, while the total trading volume reached 1,525.045 billion yuan, indicating a mixed performance among stocks breaking through the annual line [1] Summary by Category Market Performance - The Shanghai Composite Index is currently at 3590.38 points, with a decline of 0.70% [1] - Total trading volume in the A-share market is 1,525.045 billion yuan [1] Stocks Breaking Through Annual Line - A total of 14 A-shares have surpassed the annual line today, with notable stocks including: - Jingjiawei (300474) with a deviation rate of 3.17%, closing at 80.46 yuan after a rise of 4.14% [1] - Zhuhai Zhongfu (000659) with a deviation rate of 3.15%, closing at 2.85 yuan after a rise of 3.64% [1] - Zhenjiang Co. (603507) with a deviation rate of 2.51%, closing at 24.54 yuan after a rise of 4.38% [1] Deviation Rates of Selected Stocks - Stocks with higher deviation rates include: - Jingjiawei (3.17%), Zhuhai Zhongfu (3.15%), and Zhenjiang Co. (2.51%) [1] - Stocks with lower deviation rates include: - Datang Telecom (600198) with a deviation rate of 0.07% and closing price of 8.52 yuan [1] - Zhongke Software (603927) with a deviation rate of 0.17% and closing price of 20.07 yuan [1]

Core Points - The Shanghai Composite Index closed at 3591.26 points, above the annual line, with a decline of 0.68% [1] - The total trading volume of A-shares reached 1,157.801 billion yuan [1] - A total of 22 A-shares have surpassed the annual line today, with notable stocks including Zhuhai Zhongfu, Zhenjiang Co., and Kunlun Wanwei, showing significant deviation rates [1] Summary by Category Stock Performance - Zhuhai Zhongfu (000659) increased by 4.36% with a deviation rate of 3.87% [1] - Zhenjiang Co. (603507) rose by 5.10% with a deviation rate of 3.22% [1] - Kunlun Wanwei (300418) gained 4.99% with a deviation rate of 2.74% [1] Trading Metrics - The trading turnover rate for Zhenjiang Co. was 11.22%, while Zhuhai Zhongfu had a turnover rate of 5.01% [1] - The latest price for Zhuhai Zhongfu was 2.87 yuan, while Zhenjiang Co. was at 24.71 yuan [1] Additional Stocks - Other stocks that recently crossed the annual line include Bosi Software (300525) with a deviation rate of 2.40% and Unisplendour (000938) with a deviation rate of 1.66% [1] - Stocks with smaller deviation rates include Zhongke Software (603927) at 0.12% and Baiyunshan (600332) at 0.17% [2]

中科软公告显示，2025年7月2日至于2025年7月30日，科软创源减持16,620,800股，减持价格区间17.51 元/股至21.15元/股，减持总金额315,046,130.12元。 中国经济网北京7月31日讯中科软（603927）(603927.SH)昨晚发布股东减持股份结果公告显示，公司于 2025年7月30日收到股东北京科软创源软件技术有限公司(以下简称"科软创源")发来的《股份减持结果告 知函》。截至2025年7月30日，科软创源本次减持计划已实施完毕。在减持期间内，科软创源合计减持 公司股份16,620,800股，占公司股份总数的2%，其中集中竞价减持8,310,400股，占公司股份总数的1%， 大宗交易减持8,310,400股，占公司股份总数的1%。 | 股东名称 | 北京科软创源软件技术有限公司 | | --- | --- | | 减持计划首次披露日期 | 2025年6月9日 | | 减持数量 | 16.620.800股 | | 减持期间 | 2025年7月2日~2025年7月30日 | | 减持方式及对应减持数量 | 集中竞价减持,8.310.400 股 | | | 大宗交易减持,8,3 ...

Group 1 - The "Regulations on Government Data Sharing" will be implemented on August 1, 2025, aiming to enhance the security, order, and efficiency of government data sharing, thereby improving digital governance and public service effectiveness [1] - The regulations fill a legislative gap in China's government data sharing sector and establish a clear management system, addressing the "data island" issue [1] - The regulations are expected to significantly benefit the government data market by optimizing sharing processes and improving data supply efficiency [1] Group 2 - Companies involved in public data authorized operations include China Mobile, China Telecom, China Unicom, Deep Sanda A, Yihualu, Taiji Co., and Guangdian Yuntong [2] - In the financial services sector, companies such as Hengsheng Electronics and Zhongke Ruankai are noted [2] - In the trade and circulation sector, Shanghai Steel Union is mentioned, while in healthcare, companies like Zhongke Jiangnan, Chuangye Huikang, Jiuyuan Yinhai, and Wanda Information are highlighted [2] - In transportation, Shenzhou Holdings and COSCO Shipping Technology are identified [2]

证券代码：603927 证券简称：中科软 公告编号：2025-025 中科软科技股份有限公司 股东减持股份结果公告 本公司董事会、全体董事及相关股东保证本公告内容不存在任何虚假记载、 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法律责任。 重要内容提示： ? 大股东持股的基本情况：截至本公告披露日，中科软科技股份有 限公司（以下简称"公司" ）股东北京科软创源软件技术有限公司 （以下简称 "科软创源"） 持有公司无限售条件流通股 178,226,406 股，约占公司股份总数的 21.45%。 ? 减持计划的实施结果情况：公司于 2025 年 7 月 30 日收到股东科 软创源发来的《股份减持结果告知函》 。截至 2025 年 7 月 30 日， 科软创源本次减持计划已实施完毕。在减持期间内，科软创源合 计减持公司股份 16,620,800 股，占公司股份总数的 2%，其中集 中竞价减持 8,310,400 股，占公司股份总数的 1%，大宗交易减持 一、减持主体减持前基本情况 股东名称 北京科软创源软件技术有限公司 控股股东、实控人及一致行动人 √是 □否 直接持股 5%以上股东 √是 □否 ...