尚未解除限售的限制性股票回购注销实施公告 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。 登录新浪财经APP 搜索【信披】查看更多考评等级 证券代码：688326 证券简称：经纬恒润 公告编号：2026-003 北京经纬恒润科技股份有限公司 2023年限制性股票激励计划部分激励对象所持已获授但 重要内容提示： ■ 一、本次限制性股票回购注销的决策与信息披露 1、2025年12月8日，北京经纬恒润科技股份有限公司（以下简称"公司"）分别召开第二届董事会第十六 次会议、第二届监事会第十三次会议，审议通过了《关于回购注销2023年限制性股票激励计划部分激励 对象所持已获授但尚未解除限售的限制性股票的议案》。根据《上市公司股权激励管理办法》（以下简 称"《管理办法》"）、《北京经纬恒润科技股份有限公司2023年限制性股票激励计划（草案）》（以下 简称"《激励计划（草案）》"或"本激励计划"）以及《北京经纬恒润科技股份有限公司2023年限制性股 票激励计划实施考核管理办法》（以下简称"《考核管理办法》"）的相关规定，鉴于23名激励对 ...

证券代码：688326 证券简称：经纬恒润 公告编号：2026-003 北京经纬恒润科技股份有限公司 2023 年限制性股票激励计划部分激励对象所持已获授但尚 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。 重要内容提示： | 回购股份数量 | 注销股份数量 | | 注销日期 | | | | --- | --- | --- | --- | --- | --- | | 18,080 股 | 18,080 | 股 | 2 月 | 2026 年 | 27 日 | 一、本次限制性股票回购注销的决策与信息披露 1、2025 年 12 月 8 日，北京经纬恒润科技股份有限公司（以下简称"公司"） 分别召开第二届董事会第十六次会议、第二届监事会第十三次会议，审议通过了 《关于回购注销 2023 年限制性股票激励计划部分激励对象所持已获授但尚未解 除限售的限制性股票的议案》。根据《上市公司股权激励管理办法》（以下简称"《管 理办法》"）、《北京经纬恒润科技股份有限公司 2023 年限制性股票激励计划（草 案）》（以下简称"《激励计划（草案 ...

北京观韬律师事务所 关于北京经纬恒润科技股份有限公司 2023年限制性股票激励计划部分激励股份回购注销实施情况的 法律意见书 观意字2026BJ000493号 致：北京经纬恒润科技股份有限公司 北京观韬律师事务所（以下简称"本所"）接受北京经纬恒润科技股份有限 公司（以下简称"经纬恒润"或"公司"）的委托，就公司 2023 年限制性股票 激励计划部分激励股份回购注销（以下简称"本次回购注销"）的实施情况，依 据届时有效的《中华人民共和国公司法》《中华人民共和国证券法》（以下简称 "《证券法》"）、《上市公司股权激励管理办法》（以下简称"《管理办法》"）、 《上海证券交易所科创板股票上市规则》《科创板上市公司自律监管指南第 4 号 ——股权激励信息披露》等法律、行政法规、部门规章、规范性文件以及《北京 经纬恒润科技股份有限公司章程》（以下简称"《公司章程》"）、《北京经纬恒 润科技股份有限公司 2023 年限制性股票激励计划（草案）》（以下简称"《激励 计划（草案）》"或"本激励计划"）、《北京经纬恒润科技股份有限公司 2023 年 限制性股票激励计划实施考核管理办法》（以下简称"《考核管理办法》"）的 有关规 ...

转自：前瞻产业研究院 以下数据及分析来自于前瞻产业研究院计算机仿真研究小组发布的《中国计算机仿真行业发展前景与投 资预测分析报告》 行业主要上市公司：华力创通(300045.SZ)、霍莱沃(688682.SH)、华如科技(301302.SZ)、坤恒顺维 (688283.SH)、视觉中国(000681.SZ)、康拓红外(300455.SZ)、捷安高科(300845.SZ)、永信至诚 (688244.SH)、经纬恒润(688326.SH)等。 本文核心数据：计算机仿真企业竞争格局，计算机仿真市场集中度 1、中国计算机仿真行业竞争梯队 从我国计算机仿真行业企业竞争格局来看，处于第一梯队的企业为航天智装、索辰科技等企业，其计算 机仿真业务营收大于3亿元，在计算机仿真行业多元化布局等方面具有一定优势。其次是华力创通、华 如科技等计算机仿真企业，业务营收在2-3亿元之间。最后是永信至诚等，业务营收在2亿元以下。 注：数据截止到2025年11月29日。 从代表性企业分布情况来看，我国计算机仿真代表企业分布在江苏、上海、北京、四川、河北等地，其 中北京的计算机仿真产业代表性企业较多。 3、中国计算机仿真行业竞争格局 2、中国 ...

Group 1 - The core point of the article is the recent changes in the shareholder structure and registered capital of Beijing Huixi Intelligent Information Technology Co., Ltd, indicating potential growth and investment interest in the company [1] - The registered capital of the company increased from approximately 26.09 million RMB to about 30.91 million RMB, reflecting a significant investment [1] - New shareholders include Zhiyuan Innovation (Shanghai) Technology Co., Ltd, Beijing Qishui Huayu Intelligent Technology Partnership (Limited Partnership), and Wuxi Bozhi Future Industry Investment Fund Partnership (Limited Partnership) [1] Group 2 - Beijing Huixi Intelligent Information Technology Co., Ltd was established in April 2022 and is involved in various sectors including integrated circuit design and artificial intelligence software development [1] - The company is co-owned by Wei Wei, Xu Ningyi, and Jingwei Hengrun (688326), indicating a diverse ownership structure [1] - Huixi Intelligent is positioned as a provider of embodied intelligent computing power, with products spanning the fields of embodied intelligence and autonomous driving [1]

Core Viewpoint - The smart driving concept is gaining momentum, with several companies experiencing significant stock price increases following the announcement of new mandatory national standards for autonomous driving systems by the Ministry of Industry and Information Technology [1] Group 1: Industry Developments - The Ministry of Industry and Information Technology has organized the National Automotive Standardization Technical Committee to revise five mandatory national standards, including "Safety Requirements for Autonomous Driving Systems," and is currently soliciting public opinions on the draft [1] - Companies such as Zhejiang Shibao, Haon Automotive, Siwei Map, Wanjie Technology, Desay SV, and Zhonghaidah have seen stock price increases in response to the news [1] Group 2: Investment Recommendations - Zhongyin Securities has recommended focusing on companies related to smart driving, including Horizon Robotics and Black Sesame Intelligence for computing and chip enterprises, and companies like Zhongke Chuangda, Desay SV, Jingwei Hengrun, and Guangting Information for intelligent driving systems and domain controllers [1] - Additional recommendations include Robotaxi companies such as Pony.ai and WeRide, as well as vertical driving companies like Zhongyou Technology, Wanjie Technology, Xinbeiyang, and Beilu Zhikong [1] - Other notable mentions include Siwei Map, Xiaopeng Motors, Haohan Deep, and Alter for their contributions to the smart driving sector [1]

Group 1 - The company has been continuously advancing its international business layout, establishing subsidiaries in Europe, the United States, and Malaysia [2] - A research and development center has been set up in Koblenz, Germany, to enhance the company's R&D delivery capabilities in Europe [2] - The company leverages domestic R&D and manufacturing capabilities to conduct business while providing localized technical support and project delivery assurance through overseas R&D and service layouts [2] Group 2 - The company's exported products include sunroof controllers, PLGM, eTurbo, door controllers, vehicle controllers, and driver monitoring systems [2] - Export regions for the company's products include Germany, the Netherlands, the United States, Japan, South Korea, and India [2]

Core Insights - The company Jingwei Hengrun has delivered over 2 million ZCU products to date, indicating strong market demand and production capabilities [2] - The ZCU 3.0 platform, developed in collaboration with Geely, has achieved large-scale production and is set to be first installed in the Geely Galaxy A7 by July 2025, with plans for expansion to other mainstream models [2] - The ZCU 3.0 platform integrates multiple functions such as body comfort and air conditioning control into a single controller, significantly simplifying wiring and reducing system complexity [2] - The platform features high-performance hardware and incorporates Jingwei Hengrun's proprietary algorithms, enabling a smart closed-loop system from perception to control and decision-making [2]

Core Viewpoint - The company Jingwei Hengrun's subsidiary, Runke General, is positioned in the commercial aerospace sector, providing a comprehensive technical system and integrated solutions covering the entire lifecycle of commercial aerospace [2] Group 1: Business Overview - Runke General possesses professional advantages in electronics, radar, communications, control, electromechanics, and electrical systems [2] - The commercial aerospace business includes contributions to rocket systems, having initiated customer interactions in 2019 through a rocket simulation laboratory, which has led to recognition and support for electronic product development [2] - In the satellite sector, Runke General has established cooperative relationships with well-known companies in the industry, gaining opportunities for collaborative development of specific equipment [2] Group 2: Business Growth and Impact - The commercial aerospace business is currently in a growth phase and is not expected to significantly impact the company's operating performance in the near term [2]

Investment Rating - The report does not explicitly state an investment rating for the industry or the company. Core Insights - The automotive industry is undergoing a significant transformation, shifting from a "distributed" to a "domain-centralized" and ultimately to a "central computing + zonal control" architecture. The Zonal Control Unit (ZCU) is identified as a key node in this evolution, marking an important step towards industry intelligence [9][10]. Summary by Sections 1. Traditional Architecture Constraints: The "Impossible Triangle" of Intelligent Transformation - The traditional distributed electronic architecture faces challenges in balancing computing power and cost, functionality and safety, and innovation and inertia, leading to inefficiencies [12]. - The traditional architecture results in over 100 Electronic Control Units (ECUs) in high-end vehicles, creating "information silos" and inefficient computing resource allocation, which increases costs and complexity [13]. - The lengthy development cycles of 3-5 years for new features hinder the automotive industry's ability to respond quickly to market changes [13]. - The architecture's limitations restrict innovation, as Tier 1 suppliers dominate ECU function development, making it difficult for manufacturers to achieve product differentiation [14]. 2. Architectural Innovation: The Necessity and Core Value of ZCU - The automotive industry requires a comprehensive overhaul of its architecture, with the "central computing + zonal control" model seen as a future solution, where ZCU plays a pivotal role [17]. - ZCU simplifies wiring, reduces costs and weight by consolidating local wiring through a high-speed Ethernet backbone [17]. - It enables hardware standardization and software decoupling, providing a foundation for "software-defined vehicles" [17]. - ZCU supports centralized power management, enhancing energy efficiency and replacing traditional fuse and relay boxes [17]. 3. Systematic ZCU Solutions by the Company: Implementation Path for Architectural Reconstruction - The company's ZCU solution addresses the computing power and cost paradox, innovation inertia, and functionality and safety challenges, providing a clear path for automotive companies to reconstruct their architectures [19]. - ZCU integrates various control functions within specific physical areas, significantly reducing the number of ECUs and wiring complexity [21]. 4. Market Leadership: Million-Unit Deliveries and Industry Benchmark Status - The company has delivered over one million ZCUs, achieving the highest market share in China, marking a significant milestone in the industry's acceptance of the zonal control architecture [51][52]. - The rapid production timeline demonstrates the maturity of the ZCU technology and its role in the transition to next-generation electronic architectures [55]. 5. Future Directions: Evolution Path of ZCU Technology and Industry Collaboration - The ZCU's strategic importance will continue to grow as the automotive electronic architecture evolves towards "central computing + zonal control," with trends towards standardization and platformization [57]. - The company actively participates in industry standard-setting, promoting collaborative development and resource efficiency [58].