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 ...

Group 1 - The core viewpoint of the news is that Yingfang Software experienced a decline in stock price and trading volume, indicating potential challenges in its financial performance and market perception [1] - On July 30, Yingfang Software's stock price fell by 2.74%, with a trading volume of 55.26 million yuan, and a net financing outflow of 4.12 million yuan [1] - As of July 30, the total margin balance for Yingfang Software was 82.22 million yuan, which represents 5.07% of its market capitalization, indicating a low financing balance compared to the past year [1] Group 2 - As of March 31, the number of shareholders for Yingfang Software increased by 26.68% to 6,330, while the average circulating shares per person decreased by 21.06% to 7,290 shares [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, reflecting a slight decline of 0.84% year-on-year [2] Group 3 - Yingfang Software, established on August 12, 2011, and listed on January 19, 2023, specializes in providing data replication software, integrated hardware and software solutions, and related services [1] - The company's revenue composition includes software products (60.51%), integrated hardware and software products (20.29%), software-related services (15.67%), and other sources (1.86%) [1]

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].

Core Viewpoint - Fund manager Wu Hao oversees two funds, with the best-performing fund being Huaxia High-end Manufacturing Mixed A (002345), which achieved a quarterly net value increase of 1.01% by the end of Q2 2025 [1]. Fund Performance Summary - Huaxia High-end Manufacturing Mixed A has a total scale of 9.11 billion, with an annualized return of 2.04% and a quarterly increase of 1.01%. The top holding is Guoguang Electric, accounting for 8.47% of the net value [2]. - Huaxia High-end Manufacturing Mixed C has a scale of 0.21 billion, with a negative annualized return of -9.01% and a quarterly increase of 0.86%, also holding Guoguang Electric at 8.47% [2]. - Wu Hao's management of Huaxia High-end Manufacturing Mixed A has yielded a cumulative return of 35.89% and an average annualized return of 6.19%. The fund has made 89 adjustments to its heavy holdings, with a success rate of 66.29% [2]. Stock Adjustment Cases - Notable stock adjustments include: - Trina Solar (天合光能) was bought in Q2 2021 and sold in Q3 2021, yielding an estimated return of 141.89% with a company revenue growth of 51.20% during the holding period [3][5]. - Tongwei Co., Ltd. (通威股份) was held from Q2 2020 to Q4 2020, achieving a return of 120.32% with a company performance increase of 36.95% [3]. - Tanfeng Communication (天孚通信) was held from Q2 2023 to Q2 2024, resulting in a return of 96.16% with a net profit growth of 84.07% [6]. Underperforming Stock Cases - Underperforming stocks include: - Green Harmony (绿的谐波) was held from Q4 2023 to Q3 2024, resulting in a return of -48.55% despite a revenue growth of 8.77% [4][6]. - Huayi Technology (华依科技) was held from Q4 2023 to Q2 2024, with a return of -44.46% and a performance increase of 20.36% [4].

证券代码：688435 证券简称：英方软件 公告编号：2025-032 上海英方软件股份有限公司 关于全资子公司开立募集资金专项账户 并签订募集资金四方监管协议的公告 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。 3 / 3 所网站（www.sse.com.cn）披露的《关于部分募投项目增加实施主体的公告》 （公告编号：2024-030）。 为规范公司募集资金管理和使用，保护投资者权益，根据《上市公司监管 指引第 2 号——上市公司募集资金管理和使用的监管要求》《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》等相关法律法规，公司新 增募投项目主体英方科技于近日开立了募集资金专户，公司及全资子公司英方 科技与保荐机构兴业证券股份有限公司、募集资金专户存储银行招商银行股份 有限公司上海金桥支行签署了《募集资金四方监管协议》（以下简称"四方监 管协议"、"协议"或"本协议"）。具体募集资金专项账户的开立情况如下： | 开户主体 | 开户银行 | 账号 | | --- | --- | --- | | 上海英方 ...