8月25日，光云科技大宗交易成交180万股，成交额2565万元，占当日总成交额的6.17%，成交价14.25元，较市场收盘价18.26元折价21.96%。 | 交易日期 | 证券简称 | 证券代码 | 成交价(元) 成交金额(万元) 成交量( * ) 买入营业部 | | | | 卖出营业部 | | --- | --- | --- | --- | --- | --- | --- | --- | | | | | | | 高盛(中国)证券 | 开源证券股份有限 | | | 2025-08-25 | 光云科技 | 688365 | 14.25 2565 | 180 | 有限责任公司上海 | 公司海南分公司 | | | | | | | | 浦东新区世纪大道 | | | ...

Core Insights - Guangyun Technology (688365.SH) released its semi-annual report for 2025 on August 23, 2025, indicating significant institutional investor interest in the company [1] Institutional Holdings - As of August 22, 2025, a total of 21 institutional investors disclosed holdings in Guangyun Technology A-shares, with a combined holding of 223 million shares, representing 52.45% of the total share capital [1] - The top ten institutional investors include Hangzhou Guangyun Investment Co., Ltd., Hangzhou Huaying Investment Partnership (Limited Partnership), Hainan Qiyu Enterprise Management Partnership (Limited Partnership), and others, with their combined holding percentage reaching 52.18% [1] - Compared to the previous quarter, the combined holding percentage of the top ten institutions increased by 1.26 percentage points [1] Public Fund Disclosures - In this reporting period, 16 new public funds disclosed their holdings compared to the previous quarter, including notable funds such as Nuon An Stable Return Mixed A, Penghua Innovation Future Mixed (LOF), and others [1]

Meeting Overview - The third meeting of the Supervisory Board of Hangzhou Guangyun Technology Co., Ltd. was held on August 21, 2025, with all three supervisors present, complying with relevant laws and regulations [1]. Resolutions Passed - The meeting approved the following proposals through a named voting process: - Approval of the 2025 Half-Year Report and its summary [2]. - Approval of the special report on the storage, management, and actual use of raised funds for the first half of 2025 [2]. - Approval to use the remaining funds from the initial public offering to permanently supplement working capital [2]. - Approval to cancel the Supervisory Board, adjust the number of directors, amend the Articles of Association, and handle business registration changes [3]. - Approval to reappoint the auditing institution for the year 2025 [3].

Group 1 - The company, Hangzhou Raycloud Technology Co., Ltd., is holding its third extraordinary general meeting of shareholders on September 12, 2025, at 15:00 [2][4]. - The voting method for the meeting will combine on-site voting and online voting through the Shanghai Stock Exchange's system [2][3]. - The agenda includes non-cumulative voting proposals related to the use of raised funds for working capital and amendments to the company's articles of association [3][4]. Group 2 - Shareholders must register to attend the meeting by providing necessary documents, including identification and proof of share ownership, by September 11, 2025 [4][6]. - The online voting will be available from 9:15 to 15:00 on the day of the meeting, with specific time slots for trading system voting [2][3]. - The company has outlined the procedures for proxy voting, allowing shareholders to appoint representatives to vote on their behalf [5][6].

Core Viewpoint - Hangzhou Raycloud Technology Co., Ltd. reported a revenue increase of 11.78% for the first half of 2025, reaching approximately 262.42 million yuan, while the net loss decreased by 64.85% compared to the previous year, indicating improved operational efficiency and market positioning in the e-commerce SaaS sector [4][5][6]. Company Overview - The company is a leading e-commerce SaaS provider, offering products and services such as Super Store Manager, Express Assistant, and various enterprise service SaaS products [6][10]. - The company has a strong presence on major e-commerce platforms including Taobao, Tmall, 1688, Pinduoduo, Douyin, and WeChat, and has received multiple awards for its services [6][10]. Financial Performance - Total revenue for the first half of 2025 was 262,422,477.90 yuan, an increase of 11.78% from 234,763,392.38 yuan in the same period last year [4]. - The net loss attributable to shareholders was -12,113,417.74 yuan, a significant reduction from -34,463,284.44 yuan year-on-year, reflecting a decrease in losses by 64.85% [4][5]. - The net cash flow from operating activities was 35,903,856.99 yuan, a substantial increase of 218.54% compared to the previous year [4]. Business Development - The company has focused on enhancing its SaaS products, particularly for small and medium-sized e-commerce businesses, while also expanding into supply chain management through the acquisition of Yitao (Shandong) Investment Management Co., Ltd. for 200 million yuan [6][9]. - The company’s large merchant SaaS products have seen a revenue growth of 22.73% year-on-year, driven by the increasing demand for sophisticated e-commerce solutions [10]. Industry Context - The e-commerce industry is experiencing intense competition, with platforms like Pinduoduo and Douyin rapidly growing, necessitating e-commerce SaaS providers to develop tailored solutions for various platforms [8][9]. - The integration of artificial intelligence in e-commerce operations is becoming crucial, with the company focusing on AI-driven product enhancements to improve operational efficiency for its clients [6][10]. Strategic Initiatives - The company has implemented a strategy to optimize its research and development investments, maintaining a high R&D expenditure of 28.52% of revenue, which is essential for sustaining competitive advantages in the evolving e-commerce landscape [5][10]. - The company is also enhancing its service capabilities by providing complementary hardware products that improve operational efficiency for e-commerce merchants [10].

杭州光云科技股份有限公司2025 年半年度报告摘要 公司代码：688365 公司简称：光云科技 杭州光云科技股份有限公司 数量的说明 杭州光云科技股份有限公司2025 年半年度报告摘要 第一节 重要提示 规划，投资者应当到 www.sse.com.cn 网站仔细阅读半年度报告全文。 公司已在本报告中阐述了公司在经营过程中可能面临的风险因素，敬请查阅本报告第三节"管理 层讨论与分析"之"四、风险因素"相关内容，请投资者予以关注。 完整性，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 无 □适用 √不适用 第二节 公司基本情况 公司股票简况 公司股票简况 股票种类 股票上市交易所 股票简称 股票代码 变更前股票简称 A股 上海证券交易所科 光云科技 688365 不适用 创板 公司存托凭证简况 □适用 √不适用 联系人和联系方式 联系人和联系方式 董事会秘书（信息披露境内代 证券事务代表 表） 姓名 刘宇 庄玲玲 电话 0571-81025116 0571-81025116 办公地址 浙江省杭州市滨江区浦沿街道 浙江省杭州市滨江区浦沿街道 杭州光云科技股份有限公司2025 年半年度报告摘要 ...

格隆汇8月22日丨光云科技(688365.SH)公布2025年半年度报告，报告期内公司实现营业收入2.62亿元， 同比增长11.78%；归属于上市公司股东的净利润-1211.34万元；基本每股收益-0.03元。 ...

申万宏源证券承销保荐有限责任公司 关于杭州光云科技股份有限公司 使用剩余首次公开发行股票超募资金永久补充流动资金的 核查意见 申万宏源证券承销保荐有限责任公司（以下简称"申万宏源承销保荐"、"保 荐机构"）作为杭州光云科技股份有限公司（以下简称"光云科技"或"公司"）2022 年度以简易程序向特定对象发行股票的保荐机构，承接公司首次公开发行的持续 督导机构中国国际金融股份有限公司（以下简称"中金公司"）、招商证券股份有 限公司（以下简称"招商证券"）未完成的持续督导工作，根据《证券发行上市 保荐业务管理办法》《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》《上海证券交易所上市公司自律监管指引第 11 号——持续督导》等相 关规定，对光云科技使用剩余首次公开发行股票超募资金永久补充流动资金事项 进行了核查，核查情况如下： 一、募集资金基本情况 经中国证券监督管理委员会证监许可[2020]582 号文核准，公司于 2020 年 4 月 29 日首次公开发行人民币普通股（A 股）4,010 万股，发行价格为每股人民币 10.80 元，募集资金总额为人民币 433,080,000.00 元，扣除发 ...

申万宏源证券承销保荐有限责任公司 二、保荐机构对公司信息披露审阅的情况 保荐机构持续督导人员对公司2025年半年度的信息披露文件进行了事先或事后审 阅，对信息披露文件的内容及格式、履行的相关程序进行了检查。 关于杭州光云科技股份有限公司 2025年半年度持续督导跟踪报告 根据《证券发行上市保荐业务管理办法》、《上市公司募集资金监管规则》、 《上海证券交易所科创板股票上市规则》、《科创板上市公司持续监管办法（试行）》 等有关法律法规的规定，申万宏源证券承销保荐有限责任公司（以下简称"申万宏源承 销保荐"或"保荐机构"）作为杭州光云科技股份有限公司（以下简称"光云科技"、"公 司"）的保荐机构，负责光云科技的持续督导工作，并出具2025年半年度持续督导跟踪 报告。 一、持续督导工作情况 | 序号 | 工作内容 | 持续督导工作情况 | | --- | --- | --- | | | 建立健全并有效执行持续督导工作制度，并 针对具体的持续督导工作制定相应的工作计 | 保荐机构已建立健全并有效执行了持续督导制 | | 1 | | 度，并制定了相应的工作计划 | | | 划 | | | 2 | 根据中国证监会相关规定， ...

杭州光云科技股份有限公司 独立董事工作制度 杭州光云科技股份有限公司 独立董事工作制度 第一章 总 则 独立董事应当独立履行职责，不受公司及其主要股东、实际控制人等 单位或者个人的影响。 已在3家境内上市公司担任独立董事的，原则上不得再被提名为公司 独立董事候选人。在公司连续任职独立董事已满6年的，自该事实发 生之日起36个月内不得被提名为公司独立董事候选人。 第五条 公司董事会成员应有1/3以上为独立董事，且其中至少包括1名会计专 业人士。以会计专业人士身份被提名为独立董事候选人的，应具备较 1/12 第一条 为进一步完善杭州光云科技股份有限公司(以下简称"公司")法人治 理结构，促进公司的规范运作，维护公司整体利益，保障全体股东特 别是中小股东的合法权益不受侵害，根据《中华人民共和国公司法》 (以下简称《公司法》)、《上市公司独立董事管理办法》《上海证券 交易所科创板股票上市规则》及《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，结合公司实际情况，制定本制 度。 第二条 独立董事是指不在公司担任除董事外的其他职务，并与公司及其主要 股东、实际控制人不存在直接或者间接利害关系，或者其他 ...