Group 1: AI Innovation in Hangzhou - Hangzhou is accelerating its development in artificial intelligence, aiming to establish itself as an AI innovation hub, with a focus on creating a robust ecosystem for AI industries [2][3] - The city has launched initiatives such as the "AI High Ground in Binjiang" column to highlight local advancements, including the participation of the Yushu G1 humanoid robot in the CMG World Robot Contest [3][4] Group 2: Advanced Algorithms and Models - The Yushu G1 robot's capabilities are driven by advanced algorithms and computational power, showcasing the active development of algorithm models in Binjiang [4][6] - Companies like Lianhui Technology and Xingyan Intelligent Technology are working on large models that enhance visual recognition and decision-making capabilities for robots [5][6] Group 3: Computer Vision and Perception - Computer vision technology, particularly SLAM (Simultaneous Localization and Mapping), is crucial for robots to perceive their environment accurately, with companies like Rainbow Soft leading in this field [7][8] - Rainbow Soft's visual AI technology is widely applied across various smart devices, enhancing robots' environmental awareness and interaction capabilities [7][8] Group 4: Robotics and Core Technologies - Companies like Jingye Intelligent Technology are developing advanced robotic systems capable of operating in extreme environments, focusing on durability and reliability [9][10] - Jingye's innovations include a nuclear industry mechanical arm and emergency rescue robots, emphasizing the importance of practical applications of embodied intelligence in robotics [10]

证券代码：688088 证券简称：虹软科技 公告编号：临 2025-021 虹软科技股份有限公司2024年年度权益分派实施公告 本公司董事会及全体董事保证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、准确性和完整性依法承担法律责任。 重要内容提示： 每股现金红利0.25元（含税） 相关日期 | 股权登记日 | 除权（息）日 | 现金红利发放日 | | --- | --- | --- | | 2025/6/20 | 2025/6/23 | 2025/6/23 | 一、 通过分配方案的股东大会届次和日期 本次利润分配方案经虹软科技股份有限公司（以下简称公司）2025 年 5 月 15 日的2024年年度股东大会审议通过。 二、 分配方案 1. 发放年度：2024年年度 2. 分派对象： 截至股权登记日下午上海证券交易所收市后，在中国证券登记结算有限责任 公司上海分公司（以下简称"中国结算上海分公司"）登记在册的本公司全体股东 （虹软科技股份有限公司回购专用证券账户除外）。 公司根据上海证券交易所的相关规定，按照以下公式计算除权除息开盘参考 价： 除权（息）参考价格=（前收盘价格-现金红 ...

FANGDA PARTNERS http://www.fangdalaw.com 中国上海市石门一路 288 号 电子邮件 E-mail: email@fangdalaw.com 兴业太古汇香港兴业中心二座 24 楼 电 话 Tel.: +86-21-2208 1166 邮政编码：200041 传 真 Fax.: +86-21-5298 5599 24/F, HKRI Centre Two HKRI Taikoo Hui 288 Shi Men Yi Road Shanghai, PRC 200041 2025 年 5 月 30 日 致：虹软科技股份有限公司 根据虹软科技股份有限公司(以下称"虹软科技"或"公司")的委托，上海 市方达律师事务所(以下称"本所")就虹软科技 2024 年度利润分配所涉及的差异 化分红(以下称"本次差异化分红")相关事项出具本法律意见。 本法律意见书依据《中华人民共和国公司法》《中华人民共和国证券法》《上 海证券交易所上市公司自律监管指引第 7 号——回购股份》及其他相关中华人民 共和国境内已公开颁布并生效的法律、法规、规章及规范性文件(以下合称"中国 法律法规")以及《虹软科技 ...

Market Overview - The Shanghai Composite Index is at 3389.00 points, above the six-month moving average, with a slight increase of 0.04% [1] - The total trading volume of A-shares today is 512.26 billion yuan [1] Stocks Breaking the Six-Month Moving Average - A total of 75 A-shares have surpassed the six-month moving average today [1] - Notable stocks with significant deviation rates include: - Meirui New Materials (300848) with a deviation rate of 8.28% and a price increase of 8.72% [1] - Wankong Intelligent Manufacturing (603070) with a deviation rate of 7.52% and a price increase of 9.97% [1] - Hitec High-tech (002023) with a deviation rate of 5.81% and a price increase of 10.01% [1] Detailed Stock Performance - The following stocks have notable performance metrics: - Sichuan Jiuzhou (000801) with a price increase of 3.47% and a deviation rate of 2.56% [2] - Phoenix Light (600071) with a price increase of 3.05% and a deviation rate of 2.47% [2] - Raytheon Micro Power (301050) with a price increase of 4.04% and a deviation rate of 2.26% [2]

Core Viewpoint - The company has completed the IoT AI visual solution industrialization project and decided to terminate it, reallocating the remaining funds to enhance liquidity [1][7]. Fundraising Overview - The company raised a total of RMB 1,328,480,000 through the issuance of 46,000,000 shares at RMB 28.88 per share, with net proceeds amounting to RMB 1,254,859,239.89 after deducting underwriting fees and taxes [1][2]. - The funds were managed in accordance with relevant regulations and internal policies, ensuring compliance with the Shanghai Stock Exchange guidelines [2][3]. Fund Management and Usage - The company established a dedicated account for the management of raised funds, adhering to a three-party supervision agreement with banks [2][3]. - The funds were allocated to various projects, including the AI visual solution enhancement and IoT industrialization projects, with specific amounts designated for each initiative [5][6]. Project Completion and Fund Surplus - The IoT AI visual solution project has reached its intended operational status as of May 20, 2025, leading to its formal conclusion [7]. - The company reported a surplus in the funds allocated to this project, which will be permanently added to the company's working capital [8]. Account Closure - The company has decided to close the fundraising accounts and specialized settlement accounts for financial products, as the funds have been fully utilized or reallocated [8][9].

证券代码：688088 证券简称：虹软科技 公告编号：临 2025-020 虹软科技股份有限公司 关于部分募投项目结项并注销相关募集资金专户及 理财产品专用结算账户的公告 为规范公司募集资金的管理和使用，公司对募集资金实行专户存储。公司根 据《公司法》《证券法》《上市公司监管指引第 2 号——上市公司募集资金管理和 使用的监管要求》《上海证券交易所科创板股票上市规则》《上海证券交易所科创 板上市公司自律监管指引第 1 号——规范运作》等法律、行政法规、部门规章、 规范性文件以及《公司章程》等规定，结合公司实际情况，制定了公司《募集资 金管理制度》，对募集资金的存储、使用、投向变更、使用管理、监督与责任追 究等进行了规定。公司严格按照公司《募集资金管理制度》的规定管理和使用募 集资金，募集资金的存放、使用、管理均不存在违反《上海证券交易所科创板上 市公司自律监管指引第 1 号——规范运作》等法规文件的规定以及公司《募集资 金管理制度》等制度的情况。 （二）募集资金三方监管协议签订情况 2019 年 7 月 17 日，公司和联席保荐机构华泰联合证券有限责任公司、中信 建投证券股份有限公司分别与中信银行股份有限公司 ...

Investment Rating - The report upgrades the investment rating of the company to "Buy" from "Hold" [8][9]. Core Views - The report emphasizes that the company's technological advantages are underestimated, highlighting its complex technology layers and optimization potential [8][11]. - The company is expected to experience significant revenue growth from 2025 to 2027, with projected revenues of 10.00 billion, 12.57 billion, and 15.94 billion respectively [9]. - The report identifies key growth areas including smart devices, intelligent driving, AI glasses, and smart commercial photography, indicating a bright future for the company [8][10]. Financial Data and Profit Forecast - Total revenue forecast for 2024 is 815 million, with a year-on-year growth rate of 21.6%. For 2025, the revenue is expected to reach 1,000 million, reflecting a growth rate of 22.7% [2]. - The net profit attributable to the parent company is projected to be 177 million in 2024, with a significant increase to 233 million in 2025, representing a growth rate of 32.0% [2]. - Earnings per share are forecasted to be 0.44 yuan in 2024, increasing to 0.58 yuan in 2025 [2]. Market Data - The closing price of the company's stock is reported at 43.90 yuan, with a market capitalization of 17,611 million [3]. - The price-to-earnings ratio is projected to be 76 for 2025, decreasing to 40 by 2027, indicating a favorable valuation trend [2][3]. Key Assumptions - Revenue growth rates for mobile smart terminals are expected to be 11.9%, 13.7%, and 14.9% from 2025 to 2027, while intelligent driving and IoT are projected to grow at rates of 71.5%, 59.8%, and 44.0% respectively [10]. - The company anticipates a stable workforce with a slight increase in personnel, particularly in technical and sales roles [10]. Comparative Valuation - The report suggests a valuation target of 30X price-to-sales ratio, equating to a market cap of 300 billion, which is competitive compared to international peers like Unity and Mobileye [9].

Group 1 - The Shanghai Stock Exchange Sci-Tech Innovation Board Artificial Intelligence Index (950180) has weakened as of May 19, 2025, with mixed performance among constituent stocks [1] - Zhongyou Technology (688648) led the gains with an increase of 7.19%, while Tianzhun Technology (688003) experienced the largest decline at 4.66% [1] - The Sci-Tech Innovation Board Artificial Intelligence ETF (588930) fell by 1.57%, with the latest price at 1.13 yuan, but has seen a cumulative increase of 3.52% over the past month as of May 16, 2025 [1] Group 2 - The liquidity of the Sci-Tech Innovation Board Artificial Intelligence ETF was 2.6% during intraday trading, with a transaction volume of 20.98 million yuan [1] - The average daily transaction volume of the Sci-Tech Innovation Board Artificial Intelligence ETF over the past year was 82.25 million yuan [1] - The latest share count for the Sci-Tech Innovation Board Artificial Intelligence ETF reached 713 million, marking a new high since its inception [1] Group 3 - Minsheng Securities indicates that AI Agents are key to the software revolution, addressing the application limitations of generative AI models and advancing AI technology towards practical and intelligent applications [2] - AI Agents consist of a model, tools, and an orchestration layer, enabling autonomous goal achievement [2] - The commercialization path for AI Agents emphasizes different payment models for C-end (consumer) and B-end (business) applications, focusing on generality and extensibility for C-end, and task completion and accuracy for B-end [2] Group 4 - The future outlook suggests that the task length of AI Agents may double approximately every seven months, leading to a closed-loop development cycle where Agents can develop other Agents [2]

虹软科技股份有限公司 关于召开 2024 年度暨 2025 年第一季度业绩说明会的 公告 证券代码：688088 证券简称：虹软科技 公告编号：临 2025-019 本公司董事会及全体董事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： 会议召开时间：2025 年 5 月 26 日（星期一）15:00-16:00 会议召开方式：网络文字互动 网 络 文 字 互 动 平 台 ： 上 海 证 券 交 易 所 上 证 路 演 中 心 （https://roadshow.sseinfo.com/） 投资者可于 2025 年 5 月 19 日（星期一）至 5 月 23 日（星期五）16:00 前登录上证路演中心网站首页点击"提问预征集"栏目或通过公司邮箱 invest@arcsoft.com 进行提问。公司将在说明会上对投资者普遍关注的问题进 行回答。 虹软科技股份有限公司（以下简称公司）已于 2025 年 4 月 15 日发布公司 《2024 年年度报告》《2025 年第一季度报告》，为便于广大投资者更全面深入地 了解公司 2024 年度及 ...

Key Points - HomeRun Capital Management Limited and its action-in-concert party HKR Global Limited are transferring shares of Hongsoft Technology Co., Ltd at a price of 38.59 CNY per share, totaling 8,023,408 shares [1][2] - The transfer will not result in a change of control for the company, as HomeRun and HKR will collectively hold over 5% of the shares post-transfer [2][7] - Prior to the transfer, HomeRun and HKR held a combined 34.47% of the company's shares, which will decrease to 32.47% after the transfer [3][4] - The transfer process involved sending subscription invitations to 400 institutional investors, with 23 valid bids received during the subscription period [6][7] - The transfer process was reviewed by CITIC Securities Co., Ltd, which confirmed compliance with relevant laws and regulations [7][8]