兴业证券股份有限公司 关于上海英方软件股份有限公司 首次公开发行部分战略配售限售股上市流通的核查意见 兴业证券股份有限公司（以下简称"兴业证券"或"保荐机构"）作为上海英方 软件股份有限公司（以下简称"英方软件"或"公司"）首次公开发行股票并上市持 续督导阶段的保荐机构，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规则适用指引第 1 号——规范运作》《上海证券交 易所科创板股票上市规则》等有关法律法规和规范性文件的要求，对英方软件首 次公开发行部分战略配售限售股上市流通事项进行了核查，核查情况如下： 一、本次上市流通的限售股类型 根据中国证券监督管理委员会2022年11月29日出具的《关于同意上海英方 软件股份有限公司首次公开发行股票注册的批复》（证监许可〔2022〕 3040 号），公司首次向社会公开发行人民币普通股（A股）股票2,094.6737万股，并 于 2023年1月19 日在上海证券交易所科创板挂牌上市。公司发行完成后总股本 为8350万股，其中有限售条件流通股6,588.2492万股，无限售条件流通股 1,761.7508万股。 本次上市流通的限售股为首次公开发行 ...

来源：新浪证券-红岸工作室 8月4日，英方软件涨1.08%，成交额7682.66万元，换手率4.59%，总市值30.53亿元。 异动分析 华为鲲鹏+华为欧拉+数据安全+数字经济+专精特新 1、据2023年3月31日互动易回复：公司自主研发的动态文件字节级、数据库语义级、卷层块级等等数据 复制技术，可与国内外各种品牌的基础软件进行兼容性适配，目前与鲲鹏芯片、服务器、云平台、虚拟 平台等有兼容性认证，同时与GaussDB、openGauss、openEuler等产品进行兼容性认证，在项目中已稳 步推进。 大模型是一种人工智能应用模型，核心是数据。公司产品可用于应用的容灾、数据的保护、 数据迁移等等。 2、2024年11月14日互动易：公司一体机支持华为欧拉操作系统，公司已加入openEuler社区，未来公司 将持续积极参与国产生态建设，与合作伙伴共同推动国产软件产业的创新与自主可控。 3、公司软件产品通常部署于客户的数据服务器，最为经典的应用场景为容灾备份，用于保障用户数据 的安全性、信息系统运行的连续性。公司是国内数据复制与保护的纯软件市场前三大供应商之一。 4、2023年2月13日公司互动：公司的数据复制软件 ...

Group 1 - The core point of the article highlights the financing activities of Yingfang Software, which saw a financing buy-in amount of 0.13 billion yuan on August 1, ranking 986th in the market [1] - Over the last three trading days, Yingfang Software received financing buy-ins of 0.07 billion yuan, 0.11 billion yuan, and 0.13 billion yuan respectively [1] - The net buy-in for Yingfang Software on August 1 was 3.6062 million yuan, following a financing repayment of 0.09 billion yuan [1] Group 2 - In terms of securities lending, there were no shares sold or net sold on that day, indicating no activity in this area for Yingfang Software [2]

来源：新浪证券-红岸工作室 8月1日，英方软件涨3.46%，成交额8953.23万元，换手率5.45%，总市值30.20亿元。 异动分析 华为鲲鹏+华为欧拉+数据安全+数字经济+专精特新 1、据2023年3月31日互动易回复：公司自主研发的动态文件字节级、数据库语义级、卷层块级等等数据 复制技术，可与国内外各种品牌的基础软件进行兼容性适配，目前与鲲鹏芯片、服务器、云平台、虚拟 平台等有兼容性认证，同时与GaussDB、openGauss、openEuler等产品进行兼容性认证，在项目中已稳 步推进。 大模型是一种人工智能应用模型，核心是数据。公司产品可用于应用的容灾、数据的保护、 数据迁移等等。 2、2024年11月14日互动易：公司一体机支持华为欧拉操作系统，公司已加入openEuler社区，未来公司 将持续积极参与国产生态建设，与合作伙伴共同推动国产软件产业的创新与自主可控。 3、公司软件产品通常部署于客户的数据服务器，最为经典的应用场景为容灾备份，用于保障用户数据 的安全性、信息系统运行的连续性。公司是国内数据复制与保护的纯软件市场前三大供应商之一。 4、2023年2月13日公司互动：公司的数据复制软件 ...

融券方面，英方软件7月30日融券偿还0.00股，融券卖出0.00股，按当日收盘价计算，卖出金额0.00元； 融券余量0.00股，融券余额0.00元，超过近一年60%分位水平，处于较高位。 资料显示，上海英方软件股份有限公司位于上海市闵行区浦锦路2049弄15号楼，成立日期2011年8月12 日，上市日期2023年1月19日，公司主营业务涉及为客户提供数据复制相关的软件、软硬件一体机及软 件相关服务。主营业务收入构成为：软件产品60.51%，软硬件一体机产品20.29%，软件相关服务 15.67%，其他1.86%，其他(补充)1.68%。 来源：新浪证券-红岸工作室 7月30日，英方软件跌2.74%，成交额5526.49万元。两融数据显示，当日英方软件获融资买入额719.74 万元，融资偿还1132.66万元，融资净买入-412.92万元。截至7月30日，英方软件融资融券余额合计 8222.29万元。 融资方面，英方软件当日融资买入719.74万元。当前融资余额8222.29万元，占流通市值的5.07%，融资 余额低于近一年40%分位水平，处于较低位。 截至3月31日，英方软件股东户数6330.00，较上期增加 ...

Core Viewpoint - The company, Yingfang Software, is experiencing a decline in stock price and trading volume, while also being recognized as a key player in the data replication and protection software market in China [1][4]. Group 1: Company Overview - Yingfang Software was established on August 12, 2011, and went public on January 19, 2023. The company specializes in providing data replication software, integrated hardware and software solutions, and related services [7]. - The revenue composition of the company includes 60.51% from software products, 20.29% from integrated hardware and software products, 15.67% from software-related services, and 1.86% from other sources [7]. Group 2: Market Position and Recognition - The company is recognized as one of the top three suppliers in the domestic data replication and protection software market, indicating a strong market presence [3]. - Yingfang Software has been included in the Ministry of Industry and Information Technology's list of "specialized, refined, distinctive, and innovative" small giant enterprises, highlighting its focus on niche markets and strong innovation capabilities [5]. Group 3: Product and Technology Development - The company has developed data replication technologies compatible with various domestic and international software brands, and has achieved compatibility certification with Huawei's Kunpeng chips and other platforms [2]. - Its software products are widely used in critical business systems across financial institutions, government agencies, healthcare, and telecommunications, supporting digital transformation and data security [3]. Group 4: Financial Performance - As of the first quarter of 2025, Yingfang Software reported a revenue of 32.81 million yuan, a year-on-year decrease of 4.72%, and a net profit attributable to shareholders of -12.28 million yuan, a decrease of 0.84% [8].

Group 1 - The core point of the article highlights the financing activities of Yingfang Software, indicating a net buying trend in recent trading days [1] - On July 29, Yingfang Software had a financing buy amount of 0.13 billion, ranking 1159th in the market, with a financing repayment amount of 0.11 billion, resulting in a net buy of 2.3087 million [1] - Over the last three trading days from July 25 to July 29, the financing buy amounts were 0.05 billion, 0.06 billion, and 0.13 billion respectively [1] Group 2 - In terms of securities lending, on the same day, there were no shares sold or net sold, indicating no activity in this area [2]

Core Viewpoint - The CEO of Yingfang Software emphasizes the importance of compliance and neutrality in cross-border data transmission and business expansion, positioning Hong Kong as a natural springboard for Chinese companies to go global [1]. Group 1: Globalization Strategy - Yingfang Software aims to assist clients in regions such as the Middle East, Southeast Asia, and North Africa by providing compliant and stable data replication, backup, and disaster recovery capabilities [1]. - The company has established a wholly-owned subsidiary in Hong Kong to enhance its international layout and connect with global markets [1]. - The global strategy focuses on three main paths: localized compliance support, a global service network, and ecosystem collaboration with cloud vendors and system integrators [1][2]. Group 2: Product and Service Development - Yingfang Software has a history of global exploration, with significant partnerships and projects dating back to 2014, including collaborations with Huawei and Drulogic Technologies [2]. - Continuous R&D investment and product iteration have kept the company's offerings competitive in areas such as backup, disaster recovery, and cloud data management [2]. - The company aims to leverage its successful domestic practices to quickly introduce its product solutions to the global market [2].

Group 1 - The core viewpoint of the articles highlights the financial performance and market activity of Yingfang Software, indicating a decrease in revenue and net profit, alongside specific trading metrics on July 25 [1][2]. Group 2 - On July 25, Yingfang Software's stock rose by 0.34%, with a trading volume of 55.83 million yuan [1]. - The financing buy-in amount for Yingfang Software on the same day was 4.76 million yuan, while the financing repayment was 7.82 million yuan, resulting in a net financing buy of -3.07 million yuan [1]. - As of July 25, the total financing and securities lending balance for Yingfang Software was 83.18 million yuan, which accounts for 5.15% of its circulating market value, indicating a low financing balance compared to the past year [1]. - The company had no securities lending activity on July 25, with a lending balance of 0.00 shares, suggesting a high level of inactivity in this area [1]. - Yingfang Software was established on August 12, 2011, and went public on January 19, 2023, focusing on data replication software and related services [1]. - The revenue composition of Yingfang Software includes 60.51% from software products, 20.29% from integrated hardware and software products, and 15.67% from software-related services [1]. Group 3 - As of March 31, Yingfang Software had 6,330 shareholders, an increase of 26.68% from the previous period [2]. - The average number of circulating shares per shareholder was 7,290, a decrease of 21.06% compared to the previous period [2]. - For the first quarter of 2025, Yingfang Software reported a revenue of 32.81 million yuan, a year-on-year decrease of 4.72%, and a net profit attributable to shareholders of -12.28 million yuan, a decrease of 0.84% year-on-year [2].

Fundraising Overview - The company Shanghai Yingfang Software Co., Ltd. has successfully completed its initial public offering (IPO) by issuing 20,946,737 shares at a price of RMB 38.66 per share, raising a total of RMB 809,800,852.42, with a net amount of RMB 731,663,353.39 after deducting issuance costs [1][2]. Fund Management and Regulatory Compliance - The company has established a special account for the raised funds and signed a tripartite supervision agreement with the sponsor and the bank [2][3]. - To enhance fund management and protect investor rights, the company has opened special accounts for its wholly-owned subsidiary, Shanghai Yingfang Technology Co., Ltd., for specific projects [3][4]. Four-Party Supervision Agreement - A four-party supervision agreement has been signed involving the company, its subsidiary, the sponsor, and the bank, detailing the management and usage of the funds for the R&D center upgrade and marketing network upgrade projects [4][6]. - The agreement stipulates that the funds in the special account must only be used for the designated projects and outlines the responsibilities of each party in monitoring fund usage [5][8]. Reporting and Oversight - The bank is required to provide monthly account statements to the company and the sponsor, ensuring transparency and accuracy in fund management [5][9]. - The sponsor has the authority to conduct semi-annual inspections of the fund usage and can replace designated representatives as necessary [6][9].