中国北京建国门外大街 1 号国贸写字楼 2 座 12-15 层 100004 12-15th Floor, China World Office 2, No. 1 Jianguomenwai Avenue, Beijing 100004, China 电话 Tel: +86 10 6563 7181 传真 Fax: +86 10 6569 3838 电邮 Email: beijing@tongshang.com 网址 Web: www.tongshang.com 北京市通商律师事务所 关于北京信安世纪科技股份有限公司 2025 年第三次临时股东会的法律意见书 致：北京信安世纪科技股份有限公司 根据《中华人民共和国公司法》(以下简称"《公司法》")、《中华人民共 和国证券法》(以下简称"《证券法》")、《上市公司股东会规则》(以下简称"《股 东会规则》")等法律、法规及规范性文件和《北京信安世纪科技股份有限公司 章程》(以下简称"《公司章程》")的规定，北京市通商律师事务所(以下简称"通 商"或"本所")接受北京信安世纪科技股份有限公司(以下简称"公司")委托， 指派本所律师出席了公司于 2025 年 11 月 ...

Core Insights - The 2025 Global Computing Conference (CGC) hosted the release of the "2025 Annual Global Computing Industry Application Case Compilation (GMVPS)" which serves as an annual benchmark for innovation in the global computing industry [1] - The event featured nearly 60 submitted cases across more than ten industries, highlighting the breadth of innovation in the computing sector [1][8] Group 1: Case Collection and Evaluation - The case collection process, initiated on July 21, received strong support from various communities and attracted numerous submissions from GCC member units and industry partners [8] - The focus areas included intelligent computing, high-performance computing, green computing, and edge computing, covering advanced efficiency, secure computing, and intelligent systems [8] - A committee composed of technical experts, industry leaders, and media representatives conducted multiple rounds of material reviews and evaluations to select benchmark cases in technology innovation and industry application [13] Group 2: Special Recommendations and Recognitions - The newly introduced "Committee Special Recommendation" title emphasizes technological breakthroughs and industry demonstration, with a list of notable cases announced [14] - Selected cases include advanced solutions from companies like China Mobile, Huawei, and Lenovo, showcasing significant contributions to the computing landscape [16][17] Group 3: Ecosystem Development and Future Outlook - The GMVPS case selection activity aims to build bridges for industry innovation, promoting deep integration of computing technology across various sectors [19] - The release of the annual case collection not only showcases outstanding industry practices but also establishes a platform for technical exchange and resource sharing [19] - The alliance plans to continue gathering industry forces to enhance collaborative innovation, focusing on trends like intelligent upgrades and green low-carbon initiatives, thereby driving sustainable growth in the global digital economy [19]

Investment Rating - The investment rating for the computer industry is "Positive" (maintained) [1] Core Views - The report highlights that domestic AI capabilities are continuously improving and gaining global recognition, with significant advancements in computing power, large models, and application sectors [6][12] - Baidu's new Kunlun chips M100 and M300 are set to launch in 2026 and 2027 respectively, indicating a strong push in domestic AI computing power [4][10] - Alibaba's "Qianwen" project aims to create a personal AI assistant to compete with ChatGPT, showcasing the rapid development of domestic AI models [5][11] Summary by Sections Market Review - During the week of November 10-14, 2025, the CSI 300 index fell by 1.08%, while the computer index dropped by 3.03% [3][13] Company Dynamics - Fourth Paradigm reported a total revenue of RMB 4.402 billion for Q3 2025, a year-on-year increase of 36.8% [14] - Digital政通's subsidiary won a significant project with a contract value of RMB 108.90 million [15] - Shenzhou Digital announced an employee stock ownership plan with a fundraising cap of RMB 360.22 million [16] Industry Dynamics - Baidu's Kunlun chip M100 is expected to launch in early 2026, while OpenAI has released the GPT-5.1 series [20][27] - The report notes that domestic AI computing power is reshaping the competitive landscape by reducing reliance on foreign manufacturers [4][10]

Core Viewpoint - The company announced the completion of a share reduction plan by its major shareholder Wang Yixin, detailing the number of shares sold and the resulting ownership changes. Group 1: Shareholding Information - Before the reduction, Wang Yixin held 28,203,590 shares, accounting for 8.89% of the total share capital [1] - After the reduction, Wang Yixin's shareholding decreased to 22,800,004 shares, representing a reduction to 40.00% when combined with the holdings of concerted actors Li Wei and Ding Chun [2][3] Group 2: Reduction Plan Implementation - The reduction plan was disclosed on July 25, 2025, with a maximum of 7,050,000 shares to be sold, equating to 2.22% of the total share capital [1] - Wang Yixin successfully reduced his holdings by 3,171,538 shares through centralized bidding and 3,518,048 shares through block trading, completing the reduction plan [3][4] - The actual reduction met the minimum reduction quantity as outlined in the initial plan [4]

证券代码：688201 证券简称：信安世纪 公告编号：2025-049 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、准确性和完整性依法承担法律 责任。 重要内容提示： 大股东及董监高持有的基本情况 本次减持前，公司控股股东、实际控制人之一、董事、高级管理人员、核心 技术人员王翊心持有公司股份 28,203,590 股，占公司总股本的比例为 8.89%,来 源于公司首次公开发行前及公司上市后资本公积转增股本取得的股份，已于 2024 年 4 月 21 日起上市流通。 减持计划的实施结果情况 公司于 2025 年 7 月 25 日在上海证券交易所网站（www.sse.com.cn）披露了 《股东及董事、高级管理人员减持股份计划公告》（公告编号：2025-029），公司 控股股东、实际控制人之一、董事、高级管理人员、核心技术人员王翊心计划拟 自本公告披露日起 15 个交易日后的 3 个月内，通过集中竞价方式、大宗交易方 式合计减持股份数量不超过 7,050,000 股，减持股份比例不超过公司总股本的 2.22%。其中拟通过集中竞价交易方式减持股份数 ...

Core Points - The announcement from Xinan Century indicates that the major shareholder and actual controller, Wang Yixin, held 28,203,590 shares, representing 8.89% of the total share capital before the reduction [1] - As of November 14, 2025, Wang Yixin completed a share reduction plan, selling a total of 3,171,538 shares through centralized bidding, which is 1.00% of the total share capital, and 3,518,048 shares through block trading, which is 1.11% of the total share capital [1]

Core Insights - The company Xinan Century (688201.SH) announced the completion of a share reduction plan by shareholder Wang Yixin, who has reduced his holdings in the company [1] Summary by Category - **Share Reduction Details** - Wang Yixin has cumulatively reduced his holdings by 3,171,538 shares through centralized bidding, representing 1.00% of the company's total share capital [1] - Additionally, he reduced his holdings by 3,518,048 shares through block trading, accounting for 1.11% of the company's total share capital [1] - The share reduction plan has been fully implemented as of November 14, 2025 [1]

Core Viewpoint - The company Xin'an Century (688201.SH) has completed a share reduction plan initiated by shareholder Wang Yixin, resulting in a total reduction of 6,689,586 shares, which accounts for 2.11% of the company's total share capital [1] Group 1 - Wang Yixin reduced shares through centralized bidding, totaling 3,171,538 shares, representing 1.00% of the company's total share capital [1] - Additionally, Wang Yixin executed a reduction of 3,518,048 shares through block trading, which accounts for 1.11% of the company's total share capital [1] - The share reduction plan was officially completed as of November 14, 2025 [1]

Group 1 - The core point of the article is that the controlling shareholder and actual controller of the company, Wang Yixin, has completed a share reduction plan, selling a total of 6.6896 million shares, which accounts for 2.11% of the company's total share capital [1] - The share reduction occurred between September 1, 2025, and November 14, 2025, with 3.1715 million shares sold through centralized bidding and 3.518 million shares through block trading [1] - The selling price ranged from 13.5 to 15.79 yuan per share, resulting in a total reduction amount of 97.3704 million yuan [1] Group 2 - After the reduction, the controlling shareholder holds 21.514 million shares, representing 6.78% of the total shares, which is below the original planned upper limit of 7.05 million shares or 2.22% [1]

Core Viewpoint - The company is actively advancing research in post-quantum cryptography algorithms and has developed several related products, indicating a commitment to enhancing information security in various industries [1] Group 1: Research and Development - The company has made significant progress in researching key technologies related to post-quantum cryptography and has obtained relevant patents [1] - Multiple post-quantum cryptography algorithm products have been completed, showcasing the company's innovation in this field [1] Group 2: Industry Applications - The company is exploring the application of post-quantum cryptography technology across various sectors, including banking, securities, insurance, and telecommunications [1] - Collaborations with over 20 clients have been established for the replacement and migration pilot projects of post-quantum cryptography algorithms [1] Group 3: Future Outlook - Although the revenue from post-quantum cryptography remains small, the company emphasizes its potential importance as quantum computing technology continues to develop [1] - The company plans to continue research on post-quantum cryptography, including tracking the progress of standard solicitation, product iteration, and pilot projects [1]