证券代码：688365 证券简称：光云科技 公告编号：2025-032 杭州光云科技股份有限公司 第三届董事会第三十会议决议公告 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。 一、董事会会议召开情况 杭州光云科技股份有限公司（下称"公司"）第三届董事会第三十次会议通 知于 2025 年 6 月 18 日以电子邮件方式发出送达全体董事，经与会董事同意，豁 免本次会议的提前通知期限。会议于 2025 年 6 月 18 日在公司会议室以现场结合 通讯方式召开。本次会议为临时会议，会议应到董事 7 名，实际出席董事 7 名， 公司监事、高级管理人员列席本次会议。本次董事会由公司董事长谭光华先生主 持，会议的召开符合《公司法》《公司章程》等法律、法规、规范性文件的有关 规定。 本议案已经公司第三届董事会薪酬与考核委员会 2025 年第三次会议审议通 过。 二、董事会会议审议情况 本次会议以记名投票方式审议通过了以下议案： （一）审议通过《关于豁免本次董事会会议通知期限的议案》 表决情况：7 票同意、0 票反对、0 票弃权。 （二） ...

杭州光云科技股份有限公司 董事会薪酬与考核委员会 关于 2025 年限制性股票激励计划（草案）的核查意见 杭州光云科技股份有限公司（以下简称"公司"）第三届董事会薪酬与考核 委员会（以下简称"薪酬与考核委员会"）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》（以下简称"《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》（以下简称"《自律监管指南》"）等相关法律、法规及 规范性文件和《杭州光云科技股份有限公司章程》（以下简称"《公司章程》"）的 有关规定，对公司《2025 年限制性股票激励计划（草案）》（以下简称"《激励 计划（草案）》"等事项进行了核查，现发表核查意见如下： （4）法律法规规定不得实行股权激励的； （5）中国证监会认定的其他情形。 1、公司不存在《管理办法》等法律、法规规定的禁止实施股权激励计划的 情形，包括： （1）最近一个会计年度财务会计报告被注册会计师出具否定意见或者无法 表示意见的审计报告； （2） ...

Market Overview - The Shanghai Composite Index closed at 3393.26 points, above the six-month moving average, with a change of 0.23% [1] - The total trading volume of A-shares reached 838.618 billion yuan [1] Stocks Breaking Six-Month Moving Average - A total of 184 A-shares have surpassed the six-month moving average today [1] - Notable stocks with significant deviation rates include: - Qitian Technology: 11.69% deviation, closing price 14.38 yuan, with a daily increase of 20.03% and turnover rate of 15.50% [1] - Haochen Medical: 8.62% deviation, closing price 3.12 yuan, with a daily increase of 9.86% and turnover rate of 6.44% [1] - Jinyinhai: 7.58% deviation, closing price 21.00 yuan, with a daily increase of 9.66% and turnover rate of 6.43% [1] Additional Stocks with Deviation Rates - Other stocks with notable performance include: - Guangyun Technology: 7.45% deviation, closing price 14.13 yuan, with a daily increase of 9.20% and turnover rate of 4.78% [1] - Yaowang Technology: 5.93% deviation, closing price 7.12 yuan, with a daily increase of 7.88% and turnover rate of 13.64% [1] - Nuotai Biotech: 5.91% deviation, closing price 55.37 yuan, with a daily increase of 10.36% and turnover rate of 5.58% [1] Summary of Other Stocks - Additional stocks with lower deviation rates that have just crossed the six-month moving average include: - Guangdong Hongtu: just above the six-month line [1] - Xinhe Shares: just above the six-month line [1] - Songjing Shares: just above the six-month line [1]

Core Viewpoint - The company has developed a "Quality Improvement and Efficiency Enhancement" action plan for 2025 to boost operational efficiency, strengthen market competitiveness, and protect investor rights, reflecting confidence in its future development and value recognition [1]. Group 1: Business Focus and Operational Quality - The company focuses on providing SaaS products and value-added services for e-commerce merchants, with key offerings including Super Store Manager, Express Assistant, and various enterprise service SaaS products [1]. - In 2024, the company achieved a net cash flow from operating activities of 54.16 million yuan, an increase of 31.31 million yuan compared to the same period in 2023 [1]. Group 2: AI and Market Opportunities - The rapid development of AI technology presents new opportunities for the e-commerce industry, and the company aims to leverage its existing business advantages to explore AI applications and enhance operational efficiency [4]. - The company plans to implement integrated solutions in various segments of the e-commerce SaaS industry by 2025, increasing user numbers and accumulating successful experiences [2]. Group 3: Market Competition and Strategy - The rise of platforms like Pinduoduo and Douyin has changed the competitive landscape, prompting the company to adopt a multi-platform development strategy to replicate past successes across emerging e-commerce platforms [5]. - The company aims to tap into the lower-tier market, which accounts for over 60% of China's population, to drive significant growth opportunities in the e-commerce sector [5]. Group 4: Focus on Large Merchants - Large merchants are a key target for the company due to their higher lifecycle, greater SaaS functionality needs, and stronger purchasing power [6]. - The company plans to enhance user numbers and renewal rates for its large merchant SaaS products, thereby expanding revenue [6]. Group 5: Technological Innovation and R&D - The company emphasizes continuous product development and AI technology application, with 31.26% of its workforce dedicated to R&D as of the end of 2024 [8]. - The company has successfully completed its initial fundraising projects, which will support future efficient development [8]. Group 6: Investor Relations and Governance - The company has distributed a total of 70.18 million yuan in cash dividends since its listing, emphasizing its commitment to investor returns [8]. - The company has revised its governance structures and internal controls to enhance operational standards and compliance with legal regulations [10]. Group 7: Information Disclosure and Communication - The company prioritizes high-quality information disclosure, ensuring timely and accurate communication with investors through various channels [11]. - It has established a multi-layered communication mechanism to better understand and respond to investor needs [12].

杭州光云科技股份有限公司 2025 年度"提质增效重回报"行动方案 杭州光云科技股份有限公司（以下简称"公司"）为践行以"投资者为本" 的上市公司发展理念，维护公司全体股东利益，基于对公司未来发展前景的信心 及价值的认可，制定了 2025 年度"提质增效重回报"行动方案，以进一步提升 公司经营效率，强化市场竞争力，保障投资者权益，树立良好的资本市场形象。 具体内容如下： 一、聚焦主营业务，提升经营质量 公司是服务于电商商家的 SaaS 企业，核心业务是基于电子商务平台为电商 商家提供 SaaS 产品及增值服务。目前主要 SaaS 产品及服务包括以超级店长、快 递助手、逸淘下单、张飞搬家、快麦 ERP、快麦小智客服机器人、深绘美工机器 人、快麦工单、跟单宝等为代表的电商 SaaS 产品；以有成财务、有成 CRM、有 成报销、番茄表单为代表的企服类 SaaS 产品。 人工智能技术的快速发展将在未来长时间给电商行业带来新的机遇。公司必 须利用已有业务优势，特别是长期积累付费用户数量众多的优势，把握电商领域 AI 应用创新的机会，探索大模型垂直行业应用，顺应技术发展潮流，赋能广大 商家进一步解放生产力，提升经营效率， ...

Core Viewpoint - The legal opinion letter confirms that the 2024 annual general meeting of Hangzhou Guangyun Technology Co., Ltd. was convened and conducted in accordance with applicable laws and the company's articles of association, ensuring the legality and validity of the meeting and its resolutions [1][13]. Group 1: Meeting Procedures - The notice for the 2024 annual general meeting was disclosed on April 26, 2025, detailing the meeting's convenor, time, location, attendees, and agenda [3]. - The meeting took place on May 16, 2025, at the specified location, chaired by the company's chairman, Mr. Tan Guanghua, confirming adherence to the notice [3]. - Voting was conducted through both on-site and online systems, with specific time slots for online voting [3]. Group 2: Attendee Qualifications - The convenor of the meeting was the company's board of directors, which is authorized to call such meetings according to applicable laws and the company's articles of association [4]. - The total number of shares represented at the meeting was 225,777,280, accounting for approximately 53.0212% of the total voting shares [5]. - A total of 74 shareholders participated in the online voting, representing 29,527,704 shares, approximately 6.9341% of the total voting shares [5]. Group 3: Agenda and Proposals - The agenda items for the meeting were approved by the company in April 2025 and included the annual report, profit distribution plan, and authorization for stock issuance [6]. - No new proposals were introduced during the meeting, and no modifications were made to the agenda items [6]. Group 4: Voting Procedures and Results - The voting process combined on-site and online methods, with results compiled from both sources [6]. - The resolutions passed included the board's work report, supervisory committee's work report, financial report, annual report, profit distribution plan, and remuneration plans for directors and supervisors, all receiving over 99% approval [8][10][12]. - The proposal for the three-year dividend return plan and the authorization for stock issuance also received significant support, with approval rates exceeding 99% [11][12].

Meeting Overview - The shareholders' meeting of Hangzhou Guangyun Technology Co., Ltd. was held on May 16, 2025, at Guangyun Building, Hangzhou [1] - A total of 77 ordinary shareholders attended the meeting, holding 255,304,984 voting rights, which accounts for 59.9554% of the company's total voting rights [1] Voting Results - All non-cumulative voting proposals were approved with a significant majority, where 255,221,163 votes (99.9671%) were in favor, 74,655 votes (0.0292%) against, and 9,166 votes (0.0037%) abstained [2] - The voting results for subsequent proposals showed similar trends, with approval rates consistently above 99.9% for various resolutions [2][3] Legal Compliance - The meeting was convened and conducted in accordance with the Company Law and the company's articles of association, ensuring that all procedures were legally compliant [3] - The presence of legal representatives confirmed the legitimacy and effectiveness of the meeting and its resolutions [3]

北京市中伦（上海）律师事务所 关于杭州光云科技股份有限公司 2024 年年度股东大会的 法律意见书 二〇二五年五月 北京市中伦（上海）律师事务所 关于杭州光云科技股份有限公司 2024 年年度股东大会的 法律意见书 致：杭州光云科技股份有限公司 杭州光云科技股份有限公司（下称"公司"）2024 年年度股东大会（下称 "本次股东大会"）于 2025 年 5 月 16 日召开。北京市中伦（上海）律师事务所 （下称"本所"）接受公司的委托，指派律师（下称"本所律师"）出席本次股 东大会，根据《中华人民共和国公司法》《上市公司股东会规则》等法律、行政 法规、部门规章、规范性文件（以下统称"适用法律"）以及《杭州光云科技股 份有限公司章程》（下称《公司章程》）的规定，对本次股东大会进行见证并出具 本法律意见书。 在本法律意见书中，本所律师仅对本次股东大会的召集和召开程序、出席会 议人员的资格、召集人资格、会议表决程序以及表决结果是否符合适用法律及《公 司章程》的规定发表意见，并不对本次股东大会所审议的提案内容以及这些提案 所表述的事实或数据的真实性、准确性和完整性发表意见。本所及本所律师假定 公司提交给本所律师的文件、 ...

证券代码：688365 证券简称：光云科技 公告编号：2025-030 重要内容提示： 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 5 月 16 日 杭州光云科技股份有限公司 2024年年度股东大会决议公告 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。 （二） 股东大会召开的地点：杭州市滨江区坚塔街 599 号光云大厦 10 楼会议室 （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： 2、 公司在任监事3人，出席3人； 3、 董事会秘书出席了本次会议；其他高级管理人员列席了本次会议。 公司部分董事及高级管理人员采用在线连接主会场方式参加了本次会议。 二、 议案审议情况 （一） 非累积投票议案 1、 议案名称：《关于 2024 年度董事会工作报告的议案》 审议结果：通过 | 1、出席会议的股东和代理人人数 | 77 | | --- | --- | | 普通股股东人数 | 77 | | 2、出席会议的股东所持有的表决权数量 | ...

Summary of Key Points from Conference Call Records Industry/Company Overview - **Industry**: Rare Earths, Highway Operations, Satellite Communication, Waste Management, Sports Nutrition, E-commerce SaaS, Data Center Cooling - **Companies Mentioned**: 四川成渝 (Sichuan Chengyu), 普大科技 (Puda Technology), 潮蓝坏境 (Chao Lan Environment), 康比特 (Kangbiter), 光云科技 (Guangyun Technology), 磁谷科技 (Magnetic Valley Technology), 广晟有色 (Guangsheng Color), 中国稀土 (China Rare Earth), 英思特 (Instech), 大地态 (Dadi Tai) Core Insights and Arguments Rare Earths Industry - Overseas medium and heavy rare earth prices have surged, with European prices for oxide rising by 204%, leading to a domestic price increase due to widening price differentials [1][7] - The Chinese government has implemented export controls on certain rare earth products, which may lead to a supply shortage in the international market [7] - The price of rare earths is expected to rise as the supply becomes more concentrated and import minerals are controlled [7] Highway Operations (四川成渝) - 四川成渝 has shown significant growth in net profit, with a 16.61% year-on-year increase in Q1 2025, reaching 4.56 billion yuan [2] - The company is expected to maintain a high dividend payout ratio of over 60% in 2024, with a projected dividend yield of 5.05% [2] - Future profit forecasts for 2025-2027 are estimated at 15.8 billion, 17.1 billion, and 18.4 billion yuan, with corresponding PE ratios of 11, 10, and 10 times [2] Satellite Communication (普大科技) - The company is positioned to play a key role in satellite operations due to its core advantages in ground networks and satellite communication [2] - Expected net profit growth from 2.54 billion to 4.21 billion yuan from 2025 to 2027, indicating a significant growth trajectory [2] Waste Management (潮蓝坏境) - The company is set to become the second-largest national waste incineration operator in A-shares after acquiring 粤丰环保 [2] - Projected net profit growth from 17.7 billion to 20.4 billion yuan from 2025 to 2027, with a commitment to increase cash dividends by at least 10% annually [2] Sports Nutrition (康比特) - The sports nutrition market is rapidly growing, with a projected CAGR of 12.82% from 2024 to 2026 [2] - The company has a leading position in product categories and has developed a comprehensive digital sports technology service system [2] E-commerce SaaS (光云科技) - The company is a leader in e-commerce SaaS, with products widely used across major platforms [2] - Expected EPS growth from 0.02 to 0.14 yuan from 2025 to 2027, indicating strong future performance [2] Data Center Cooling (磁悬浮压缩机) - The demand for magnetic levitation compressors is expected to grow rapidly, with a market demand increase of at least 50% this year [2] - These compressors can improve energy efficiency by 10% to 40% compared to traditional models [2] Other Important Insights - The overall market sentiment has improved following progress in US-China tariff negotiations, but challenges remain for growth-oriented investments [4][5] - The focus is shifting towards large-cap value stocks and sectors benefiting from policy catalysts, such as military and non-ferrous metals [6] - The A-share market is seeing a significant interest in sectors like healthcare, machinery, and electronics, indicating a broadening of investment focus [10]