Core Viewpoint - The China Securities Social Development Security Industry Theme Index (CSI Security) has shown mixed performance, with a recent increase of 0.58% and a year-to-date rise of 0.39% [1]. Group 1: Index Performance - The CSI Security Index rose by 2.28% over the past month, but has decreased by 3.03% over the last three months [1]. - The index was established on June 29, 2012, with a base value of 1000.0 points [1]. Group 2: Index Composition - The top ten weighted stocks in the CSI Security Index include: - Huace Testing (9.28%) - Hikvision (7.9%) - Zhongke Shuguang (3.59%) - Wanfu Biology (2.94%) - Greenme (2.88%) - Meiya Optoelectronics (2.77%) - Southern Network Technology (2.48%) - Siwei Liekong (2.48%) - Dahua Technology (2.43%) - Aerospace Zhizhuang (2.4%) [1]. - The index's holdings are primarily listed on the Shenzhen Stock Exchange (67.13%) and the Shanghai Stock Exchange (32.87%) [1]. Group 3: Industry Breakdown - The industry composition of the index includes: - Industrial sector: 42.43% - Information technology: 41.81% - Public utilities: 5.46% - Communication services: 4.97% - Healthcare: 4.88% - Financial sector: 0.45% [2]. Group 4: Index Adjustment Mechanism - The index samples are adjusted biannually, with changes implemented on the next trading day following the second Friday of June and December [2]. - Weight factors are generally fixed until the next scheduled adjustment, with special circumstances allowing for temporary adjustments [2]. Group 5: Related Funds - Public funds tracking the CSI Security Index include Donghai CSI Social Development Security [3].

Investment Rating - The report maintains a positive outlook on the AI industry and recommends an "Outperform" rating for key stocks in the computer sector, including Huada Jiutian, Dameng Data, Kingsoft Office, Newland, Tongxingbao, Saiyi Information, and Hehe Information [4][8]. Core Insights - The development of AI foundation models is progressing positively, with decreasing costs, which is expected to accelerate the adoption of AI applications across various industries [3][8]. - OpenAI's o3-pro model has been launched, showcasing superior performance and an 80% price reduction compared to its predecessor, which is anticipated to further promote AI adoption [9]. - The Doubao 1.6 model has introduced an innovative pricing structure based on input length, significantly reducing costs and enhancing its market competitiveness [10]. - Ant International plans to apply for a stablecoin license in Hong Kong, indicating a positive outlook for the stablecoin market, which may experience rapid growth with the support of major players [11]. Summary by Sections AI Model Developments - OpenAI's o3-pro model outperformed Google's Gemini 2.5 Pro and Anthropic's Claude 4 Opus in key benchmarks, with a significant price reduction that enhances its accessibility [9]. - Doubao's daily token usage surged to over 16.4 trillion, a 137-fold increase, with the new model's pricing structure reducing costs by 63% compared to previous models [10]. Market Outlook - The report emphasizes the ongoing positive cycle in AI model development, with both performance improvements and cost reductions driving the industry's growth [3][8]. - The anticipated regulatory changes in Hong Kong regarding stablecoins are expected to foster a more robust market environment, supported by major financial entities [11].

Core Viewpoint - The legal opinion provided by Beijing Deheng (Shenzhen) Law Firm confirms the legality and validity of the convening, holding procedures, participant qualifications, voting procedures, and results of the 2024 annual general meeting of shareholders of Southern Power Grid Electric Power Technology Co., Ltd. [1][4][16] Group 1: Meeting Details - The annual general meeting is scheduled for June 27, 2025, and the notice was published in accordance with legal requirements [1][4]. - The meeting will take place at the specified location in Guangzhou, and the actual time and method of the meeting align with the notice [4][5]. - The network voting will occur on the same day, with specific time slots for participation [5]. Group 2: Participant Qualifications - A total of 70 shareholders and their authorized agents attended the meeting, representing 441,794,016 shares, which is 78.2351% of the total voting shares [6]. - The qualifications of the attendees, including directors, supervisors, and other personnel, were verified and deemed valid [6][7]. Group 3: Voting Procedures - The meeting utilized both on-site and online voting methods, with the voting results consistent with the agenda outlined in the notice [7][8]. - The voting process was conducted in accordance with relevant laws and regulations, ensuring transparency and compliance [7][16]. Group 4: Voting Results - The voting results showed overwhelming support for the proposals, with the majority of votes in favor, indicating strong shareholder approval [8][12][16]. - Specific results included 441,664,865 shares in favor of the main proposal, representing 99.9707% of the valid votes cast [8][12]. - The results for minority investors also reflected significant support, with 99.6144% voting in favor [8][10]. Group 5: Legal Conclusion - The legal opinion concludes that all aspects of the meeting, including the convening, procedures, participant qualifications, voting processes, and results, comply with the relevant laws and regulations [16]. - The opinion is to be used as a formal document for the resolutions passed during the meeting [16].

Meeting Overview - The shareholder meeting of Southern Power Grid Electric Technology Co., Ltd. was held on June 27, 2025, in Guangzhou [1] - The meeting was presided over by Chairman Jiang Hailong, and the voting method combined on-site and online voting [1] Attendance and Voting - A total of 70 ordinary shareholders attended the meeting, holding 441,794,016 voting rights, which accounted for 78.2351% of the company's total voting rights [1] - All resolutions presented at the meeting were approved, with the majority of votes in favor [1][2][3] Voting Results - The voting results showed that for the first resolution, 441,664,865 votes (99.9707%) were in favor, with only 83,951 votes (0.0190%) against [1] - Subsequent resolutions also received overwhelming support, with similar percentages of approval, indicating strong shareholder confidence [2][3] Legal Compliance - The meeting's procedures, attendance, and voting processes were confirmed to comply with relevant laws and regulations, ensuring the legality and validity of the resolutions passed [4]

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、准确性和完整性依法承担法律责任。 南方电网电力科技股份有限公司（以下简称"公司"）为完善公司治理结构， 根据《中华人民共和国公司法》（以下简称《公司法》）和修订后的《南方电网电 力科技股份有限公司章程》（以下简称《公司章程》）等有关规定，于近日召开职 工代表大会，会议选举田丰先生为公司第二届董事会职工董事，任期自公司2024 年年度股东大会审议通过《关于修订<公司章程>的议案》，决定公司设置职工董 事之日起至公司第二届董事会任期届满之日止。田丰先生简历详见附件。 截至本公告披露日，田丰先生未持有公司股份。田丰先生符合《公司法》《上 海证券交易所科创板股票上市规则》等相关法律法规及《公司章程》规定的任职 资格，不存在《公司法》规定的不得担任公司董事的情形。公司第二届董事会成 员中兼任公司高级管理人员以及由职工代表担任的董事人数总计未超过公司董 事总数的二分之一。 特此公告。 南方电网电力科技股份有限公司董事会 2025 年 6 月 28 日 附件： 第二届董事会职工董事简历 证券代码：688248 证券简称：南 ...

北京德恒（深圳）律师事务所 关于南方电网电力科技股份有限公司 2024 年年度股东大会的 法律意见 深圳市福田区金田路 4018 号安联大厦 B 座 11 层 电话:0755-88286488 传真:0755-88286499 邮编:518026 ——————————————————————————— ——————————————————————————— 北京德恒（深圳）律师事务所 关于南方电网电力科技股份有限公司 2024 年年度股东大会的法律意见 北京德恒（深圳）律师事务所 关于南方电网电力科技股份有限公司 2024 年年度股东大会的 法律意见 德恒 06G20240359-02 号 致：南方电网电力科技股份有限公司 南方电网电力科技股份有限公司（以下简称"公司"）2024 年年度股东大 会（以下简称"本次会议"）于 2025 年 6 月 27 日（星期五）召开。北京德恒（深 圳）律师事务所（以下简称"德恒"或"本所"）受公司委托，指派张智鹏律师、 谢小丽律师（以下简称"本所律师"）出席了本次会议。根据《中华人民共和国 证券法》（以下简称"《证券法》"）、《中华人民共和国公司法》（以下简称 "《公司法》 ...

证券代码：688248 证券简称：南网科技 公告编号：2025-021 南方电网电力科技股份有限公司 2024年年度股东大会决议公告 本次会议是否有被否决议案：无 一、 会议召开和出席情况 （一） 股东大会召开的时间：2025 年 6 月 27 日 （二） 股东大会召开的地点：广州市越秀区东风东路水均岗粤电大厦 920 会议 室 （三） 出席会议的普通股股东、特别表决权股东、恢复表决权的优先股股东及 其持有表决权数量的情况： | 1、出席会议的股东和代理人人数 | 70 | | --- | --- | | 普通股股东人数 | 70 | | 2、出席会议的股东所持有的表决权数量 | 441,794,016 | | 普通股股东所持有表决权数量 | 441,794,016 | | 3、出席会议的股东所持有表决权数量占公司表决权数量的比 | 78.2351 | | 例（%） | | | 普通股股东所持有表决权数量占公司表决权数量的比例（%） | 78.2351 | （四） 表决方式是否符合《公司法》及公司章程的规定，大会主持情况等。 本次股东大会由公司董事会召集，董事长姜海龙先生主持，会议采用现场投 票和网络投票相结 ...

国内制造领域共有3家企业获投，融资总额约1.65亿元。 1.智汇芯联获得战略投资，投资方为杰华特，该公司总部位于中国福建省，是一家集成电路芯片设计服 务商； 2.维盛复材完成A+轮融资，该公司总部位于中国北京市，是一家碳纤维复合材料研发商； 3.见真机械完成数亿人民币A轮融资，投资方为国泰君安、元禾厚望（苏州）投资管理有限公司、苏州 高新创投、苏创投，本轮融资金额在本年度所有A轮融资中排名前50%。见真机械总部位于中国吉林 省，是一家航天器部件制造商。 据亿欧数据统计，昨日（2025年6月23日）共披露26起投融资事件，涉及25家国内企业，1家国外企业， 融资总额约51.45亿元。 数量TOP1为企业服务领域，金额TOP1为汽车出行领域。 其中，制造领域共披露3起投融资事件，涉及3家国内企业，0家国外企业，融资总额约1.65亿元。（更 多行业投融资数据可查看：亿欧数据） 注： 1.制造领域指的是亿欧数据行业分类中的生产制造、房产建筑、农业这3个行业。 2.上述融资金额统计，模糊金融及未披露金额已根据一定规则转化成估算数值，并统一换算为人民币。 解决客户产业研究、情报监测和商业拓客等需求,帮助企业降本、避险、增 ...

Group 1 - The core index, the China Securities Social Development Security Industry Theme Index, rose by 1.21% to 1596.77 points, with a trading volume of 34.7 billion yuan [1] - Over the past month, the index has decreased by 1.85%, down 11.26% over the last three months, and down 3.54% year-to-date [1] - The index includes no more than 100 securities from companies benefiting from social development security, covering sectors such as information security, environmental security, security equipment, and safety testing [1] Group 2 - The top ten holdings of the index are: Huace Testing (9.48%), Hikvision (8.05%), Zhongke Shuguang (3.6%), Wanfu Biology (2.93%), Meiya Optoelectronics (2.91%), Greeenmei (2.87%), Nanwang Technology (2.6%), Dahua Technology (2.43%), Aerospace Zhizhuang (2.35%), and Siwei Liekong (2.34%) [1] - The market share of the index's holdings is 67.16% from the Shenzhen Stock Exchange and 32.84% from the Shanghai Stock Exchange [1] Group 3 - The industry composition of the index's sample includes: 42.47% in industrials, 41.80% in information technology, 5.47% in utilities, 4.93% in communication services, 4.89% in healthcare, and 0.45% in finance [2] - The index samples are adjusted semi-annually, with adjustments occurring on the next trading day after the second Friday of June and December [2] Group 4 - Public funds tracking the index include Donghai China Securities Social Development Security [3]

Key Policies - Sichuan Province has released management measures for distributed photovoltaic power generation, requiring that large commercial distributed photovoltaic projects primarily self-consume electricity, with a minimum self-consumption ratio of 50% for certain regions [4][5] - Tianjin plans to adjust its time-of-use electricity pricing, expanding the floating range of peak and valley prices, with peak prices potentially increasing by 60% and valley prices decreasing by 60% [6] Key Events - Guizhou Electric Power Company has established a near-zero carbon demonstration zone with a capacity of 940 kW, aiming to reduce CO2 emissions by 267 tons annually [8][10] - The establishment of the New Power System Standardization Technical Committee in Yunnan Province marks a significant step in standardization efforts within the energy sector [22][23] - The "Ningxia New Power System Construction Strategic Research" project has been approved, focusing on reliable power supply and high-level renewable energy consumption [25][26] - A meeting between the National Energy Group and the State Grid Corporation discussed accelerating the construction of new power systems and ensuring national energy security [27][28] - The largest provincial autonomous controllable power grid operation control system in the country has been put into operation in Guangdong, achieving 100% localization of core components [30][31] Key Technologies - Beijing Digital Green Land Technology Co., Ltd. has published a patent for real-time monitoring of power line deployment using ground-based laser radar technology [43][44] - Datang Digital Technology has applied for a patent to enhance the accuracy of knowledge retrieval models in the energy sector [45] - Huawei Digital Energy has obtained a patent for an uninterruptible power supply that ensures continuous power during switching between main and bypass routes [46] - China Power Construction Corporation's Hebei Institute has developed a photovoltaic inspection drone that protects itself in case of a fall [47] Key Companies - Southern Power Grid Technology has established a comprehensive capability chain in intelligent robots and drones, focusing on research, manufacturing, and application [49] - Haibo Technology has launched an electric power electronics technology platform to support the new power system [50][51] - China Resources Power has initiated research on multi-energy complementary smart operations, collaborating with Tsinghua University and the State Grid [52][53]