国泰海通证券股份有限公司 关于上海索辰信息科技股份有限公司首次公开发行 战略配售股份上市流通的核查意见 国泰海通证券股份有限公司（以下简称"国泰海通"或"保荐机构"）作为 上海索辰信息科技股份有限公司（以下简称"索辰科技"或"公司"）首次公开 发行股票并在科创板上市持续督导期间的保荐机构，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股票上市规则》等有关法律法规和规范性 文件的要求，对索辰科技首次公开发行战略配售限售股上市流通的事项进行了核 查，具体情况如下： 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于 2023 年 3 月 2 日出具的《关于同意上海索 辰信息科技股份有限公司首次公开发行股票注册的批复》（证监许可〔2023〕461 号），上海索辰信息科技股份有限公司（以下简称"公司"）获准向社会公开发 行人民币普通股（A 股）1,033.3400 万股，并于 2023 年 4 月 18 日在上海证券交 易所科创板挂牌上市，发行完成后公司总股本为 4,133.3400 万股，其中有限售条 件流通股 3,225.6506 万股，无限售条件流通股 907.6894 万股。具体详见公司 ...

Group 1 - The stock price of Suochen Technology (688507.SH) fell by 5.76% to 82.92 yuan as of the market close on March 27, 2023, indicating that the stock is currently in a state of decline since its IPO [1] - Suochen Technology was listed on the Shanghai Stock Exchange's Sci-Tech Innovation Board on April 18, 2023, with an issuance of 10,333,400 shares at a price of 245.56 yuan per share, resulting in a total fundraising amount of 253,746.97 million yuan [1] - The net fundraising amount was 231,574.91 million yuan, exceeding the original plan by 134,684.55 million yuan, with the funds allocated for various projects including R&D center construction and marketing network development [1] Group 2 - The company announced a profit distribution plan on June 13, 2023, distributing a cash dividend of 0.15 yuan per share and a capital reserve increase of 0.48 shares for every share held, resulting in a total cash dividend of 6,200,010 yuan and an increase of 19,840,032 shares [2] - The total share capital after the distribution will be 61,173,432 shares, with the ex-dividend date set for June 20, 2023 [2] - For the 2023 annual profit distribution, the company plans to distribute a cash dividend of 3.80 yuan for every 10 shares and a capital reserve increase of 4.60 shares for every 10 shares, with the ex-dividend date set for June 19, 2024 [2]

索辰科技 20250319 摘要 Q&A 左丞科技是如何从 CAE 软件业务延伸到物理仿真，并在物理 AI 方面进行产业布 局的？目前在技术和人员储备方面的进展如何？ 左丞科技将物理 AI 置于非常高的战略地位。物理 AI 与大模型 AI 有显著差别， 主要侧重于理解物理规则，通过仿真设计训练一体化完成工业装备研制，并使 用物理 AI 平台提供符合真实世界场景的训练验证。这种贯穿全生命周期的方法 能显著提升工业装备设计迭代速度和性能展示。 例如，SpaceX 之所以能在行 业中保持领先，很大程度上得益于其强大的物理 AI 能力。黄仁鑫曾表示，这项 技术有望重塑 50 万亿美元的市场空间。近期，公司举办了 6 场发布会，正式发 • 左丞科技通过仿真设计训练一体化和物理 AI 平台，贯穿工业装备研制全生 命周期，旨在提升设计迭代速度和性能，已在船舶、航空航天等领域应用， 并拓展至低空经济、新能源等新兴领域。 • 公司核心竞争力在于仿真能力，基于十几年求解器积累的模拟引擎，并通 过并购加强生态体系。在机器人领域，物理 AI 技术解决精细操作难题，弥 补传统方法在力学反馈上的不足。 • 公司提供通用开发平台和定制化训 ...

Summary of the Conference Call for Suochen Technology Company Overview - **Company**: Suochen Technology - **Year**: 2025 Key Points Industry and Company Developments - Suochen Technology has made significant acquisitions in 2025, including a 55% stake in Ningbo Maishijie Technology for 88 million RMB, focusing on atmospheric waveguide prediction and lightning warning systems, with projected revenues of 10.4 million RMB in 2024, 15 million RMB in 2025, and 16 million RMB in 2026 [3][4] - The company announced a major asset restructuring to acquire 51% of Beijing Likong, which serves the civil market, with expected profits totaling around 100 million RMB over the next three years [3][4] - Suochen Technology launched a physical AI platform named "Tiangong Kaiwu," integrating generative AI and digital twin technology for applications in robotics and industrial equipment optimization [3][10] Financial Performance and Projections - The business model includes high-margin engineering simulation software (approximately 95% gross margin, priced at about 2 million RMB) and project-based simulation product development (20%-30% gross margin) [6] - The company anticipates significant revenue growth from acquisitions, targeting over 300 million RMB in revenue increase by 2026, aiming for a total revenue exceeding 1 billion RMB [3][7] - Expected revenue growth for 2025 is over 30%, reaching 500 million RMB, with a goal of 1 billion RMB by 2027 [12] Strategic Initiatives and Market Position - Suochen Technology is expanding its capabilities beyond CAE, leveraging its technology to enter broader industrial software markets [5][8] - Collaborations with Maxar in marine technology aim to enhance global marine information services and underwater detection capabilities [11] - The company is positioned as a leader in the rapidly growing industrial software sector, particularly in R&D design software, and is recognized for its innovative approaches and strategic partnerships [13] Future Outlook - The company is optimistic about its growth potential, despite the limited traditional CAE market, by exploring new business scenarios such as photovoltaic and wind power optimization [12] - A strong management team is seen as a key factor in supporting future growth [12] Additional Insights - The strategic acquisitions are expected to mitigate performance volatility associated with specialized projects, enhancing overall financial stability [7] - The integration of advanced technologies like digital twins and generative AI is expected to open new application scenarios and improve operational efficiency [10]

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、本次重大资产重组的基本情况 上海索辰信息科技股份有限公司（简称"公司"）的全资子公司上海索辰数字 科技有限公司（简称"数字科技"）拟以支付现金方式受让北京力控元通科技有限 公司（简称"标的公司"）股权及/或向标的公司增资，收购取得标的公司 51%股权， 并将其作为控股子公司纳入合并报表范围。 证券代码：688507 证券简称：索辰科技 公告编号：2025-008 上海索辰信息科技股份有限公司 关于筹划重大资产重组的进展公告 截至本公告披露之日，公司已与部分中介机构签署中介机构服务协议，并与有 关各方积极推进本次重大资产重组的相关工作。公司后续将根据本次交易的进展情 况，严格按照《上市公司重大资产重组管理办法》《上海证券交易所上市公司自律 监管指引第 6 号——重大资产重组》等法律法规和规范性文件的有关规定，及时履 行信息披露义务。 本次交易不构成关联交易，预计构成《上市公司重大资产重组管理办法》规定 的重大资产重组情形。本次交易以现金方式进行，不涉及公司发行股份，也不会导 ...

——正式发布物理 AI 平台，CAE 行业整合优势突出 报告原因：强调原有的投资评级 买入（维持） | 市场数据： | 2025 年 03 月 06 日 | | --- | --- | | 收盘价（元） | 95.04 | | 一年内最高/最低（元） | 121.38/38.21 | | 市净率 | 3.1 | | 股息率%（分红/股价） | 0.47 | | 流通 A 股市值（百万元） | 4,616 | | 上证指数/深证成指 | 3,381.10/10,898.75 | | 注："股息率"以最近一年已公布分红计算 | | | 基础数据: | 2024 年 09 月 30 日 | | --- | --- | | 每股净资产（元） | 30.87 | | 资产负债率% | 3.67 | | 总股本/流通 A 股（百万） | 89/49 | | 流通 B 股/H 股（百万） | -/- | 一年内股价与大盘对比走势： 上 市 公 司 公 司 研 究 / 公 司 点 评 2025 年 03 月 06 日 索辰科技 (688507) 03-06 04-06 05-06 06-06 07-06 08-06 09-0 ...

证券代码：688507 证券简称：索辰科技 公告编号：2025-007 上海索辰信息科技股份有限公司 关于持股 5%以上股东减持计划期限届满暨 减持股份结果公告 本公司董事会、全体董事及相关股东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： 大股东持股的基本情况 2024 年 11 月 14 日，上海索辰信息科技股份有限公司（简称"公司"）股东 杭州伯乐中赢创业投资合伙企业（有限合伙）（简称"杭州伯乐"）及其一致行动 人宁波赛智韵升创业投资合伙企业（有限合伙）（简称"宁波赛智"）合计持有公 司 5,114,289 股，约占公司总股本的 5.74%。其中，杭州伯乐持有公司 3,073,954 股，占公司总股本的 3.45%；宁波赛智持有公司 2,040,335 股，占公司总股本的 2.29%。 上述股份为首次公开发行前股份（含公司资本公积金转增股本而相应增加的 股份），且已于 2024 年 4 月 18 日起解除限售并上市流通。 减持计划的实施结果情况 上述减持主体存在一致行动人： | | 股 | | | | | --- | -- ...

Investment Rating - The investment rating for the company is "Accumulate" (首次覆盖) [3] Core Views - The company achieved a total operating revenue of 381 million yuan in 2024, representing a year-on-year growth of 18.99%. However, the net profit attributable to shareholders decreased by 27.68% to 41.57 million yuan [3][5] - The company is focusing on the domestic industrial software sector and is a leader in domestic CAE software. It is actively pursuing a domestic substitution strategy [5] - The company plans to acquire 51% of Likong Technology, which is expected to enhance its business layout and core competitiveness in the industrial software field [5] - The upcoming launch of physical AI products is anticipated to contribute to revenue growth, with a significant market opportunity in the high-demand sectors of robotics and autonomous driving [5] Financial Performance Summary - In 2024, the company reported total revenue of 381 million yuan, with a growth rate of 18.99%. The net profit attributable to shareholders was 41.57 million yuan, down 27.68% [5][7] - The projected compound annual growth rate (CAGR) for revenue from 2024 to 2026 is approximately 39% [5] - The expected net profits for 2024, 2025, and 2026 are 42 million yuan, 84 million yuan, and 138 million yuan, respectively [6][7] - The earnings per share (EPS) for the same period are projected to be 0.47 yuan, 0.95 yuan, and 1.55 yuan [6][7] Market Data - As of the report date, the current stock price is 76.30 yuan, with a market capitalization of 6.799 billion yuan [3][4] - The price-to-earnings (P/E) ratios for 2024, 2025, and 2026 are 163.5, 80.5, and 49.3, respectively [6][7]

Investment Rating - The investment rating for the company is "Accumulate" (首次覆盖) [3] Core Views - The company achieved a total operating revenue of 381 million yuan in 2024, representing a year-on-year growth of 18.99%. However, the net profit attributable to the parent company decreased by 27.68% to 41.57 million yuan [3][5] - The company is focusing on the domestic industrial software sector and is a leader in domestic CAE software. It is actively pursuing a domestic substitution strategy [5] - The company plans to acquire 51% of Likong Technology, which is expected to enhance its business layout and core competitiveness in the industrial software field [5] - The upcoming launch of physical AI products is anticipated to contribute to revenue growth, with a significant market opportunity in the overseas sector [5] Financial Summary - The company reported a total revenue of 381 million yuan for 2024, with a projected compound annual growth rate (CAGR) of approximately 39% for revenue from 2024 to 2026 [5][7] - The expected net profits for 2024, 2025, and 2026 are 42 million yuan, 84 million yuan, and 138 million yuan, respectively [6][7] - The earnings per share (EPS) for the years 2024, 2025, and 2026 are projected to be 0.47 yuan, 0.95 yuan, and 1.55 yuan, respectively [6][7] - The current price-to-earnings (P/E) ratios for 2024, 2025, and 2026 are 163.5, 80.5, and 49.3, respectively [6]

Investment Rating - The investment rating for the company is "Accumulate" (首次覆盖) [3][6]. Core Views - The company achieved a total operating revenue of 381 million yuan in 2024, representing a year-on-year growth of 18.99%. However, the net profit attributable to the parent company decreased by 27.68% to 41.57 million yuan [3][5]. - The company is focusing on the domestic industrial software sector and is a leader in domestic CAE software. It is actively pursuing a strategy of domestic substitution [5]. - The planned acquisition of 51% of Likong Technology is expected to enhance the company's business scope and improve its financial statements. Likong Technology specializes in industrial software for intelligent manufacturing [5]. - The upcoming launch of physical AI products is anticipated to provide significant growth opportunities, with the company positioned to benefit from the high demand in this sector [5]. Financial Summary - The company reported a total revenue of 381 million yuan for 2024, with a projected compound annual growth rate (CAGR) of approximately 39% for revenue from 2024 to 2026 [5][7]. - The forecasted net profits for 2024, 2025, and 2026 are 42 million yuan, 84 million yuan, and 138 million yuan, respectively [6][7]. - The earnings per share (EPS) for the same period are expected to be 0.47 yuan, 0.95 yuan, and 1.55 yuan, with corresponding price-to-earnings (P/E) ratios of 163.5, 80.5, and 49.3 [6][7].