证券代码：688507 证券简称：索辰科技 公告编号：2025-052 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。 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 致公司控制权的变更。 二、本次重大资产重组的进展情况 2025 年 2 月 17 日，公司全资子公司数字科技与标的公司主要股东马国华、北 京力控飞云商贸中心（有限合伙）、田晓亮签署了《收购北京力控元通科技有限公 司 51%股权之框架协议》。具体内容详见公司于 2025 年 2 月 18 日在上海证券交易 所网站（www.sse.com.cn）披露的《关于筹划重大资产重组暨 ...

Market Overview - On September 16, the software development sector rose by 1.69%, with Yinzhijie leading the gains [1] - The Shanghai Composite Index closed at 3861.87, up 0.04%, while the Shenzhen Component Index closed at 13063.97, up 0.45% [1] Top Gainers in Software Development Sector - Yinzhijie (300085) closed at 58.16, up 7.05% with a trading volume of 923,500 shares and a turnover of 524.7 million [1] - Suochen Technology (688507) closed at 104.54, up 6.85% with a trading volume of 47,800 shares and a turnover of 48.5 million [1] - Youkeshu (300209) closed at 6.54, up 6.69% with a trading volume of 1,282,400 shares and a turnover of 824 million [1] - Other notable gainers include Jiafa Education (300559), Hanwang Technology (002362), and Zhinanzhen (300803) with respective gains of 6.64%, 6.47%, and 6.22% [1] Decliners in Software Development Sector - ST Dongtong (300379) saw a significant decline of 19.96%, closing at 4.21 [2] - Weide Information (688171) decreased by 4.12%, closing at 54.42 [2] - Other notable decliners include Shenxinfu (300454) and Chengmai Technology (300598) with declines of 2.92% and 1.74% respectively [2] Capital Flow Analysis - The software development sector experienced a net inflow of 1.077 billion in main funds, while retail investors saw a net outflow of 198 million [2][3] - Major stocks like Yinzhijie and Zhinanzhen attracted significant main fund inflows of 418 million and 387 million respectively [3] - Conversely, retail investors showed a net outflow from these stocks, indicating a divergence in investment behavior [3]

Group 1 - The core viewpoint of the news is that Shanghai Suochen Technology Co., Ltd. has seen a stock price increase of 5.09%, reaching 102.82 CNY per share, with a total market capitalization of 9.162 billion CNY as of the report date [1] - The company specializes in CAE software development, sales, and services, with its main revenue sources being TianGong simulation product development (56.93%), TianGong engineering simulation software (29.33%), KaiWu engineering simulation software (6.55%), technical services (6.07%), and other sources (0.92%) [1] - The company was established on February 24, 2006, and went public on April 18, 2023 [1] Group 2 - Jin Yuan Shun An Fund has a significant holding in Suochen Technology, with its Jin Yuan Shun An Value Growth Mixed Fund (620004) holding 18,300 shares, representing 1.92% of the fund's net value, ranking as the eighth largest holding [2] - The fund has achieved a year-to-date return of 17.07% and a one-year return of 41.2%, with a total fund size of 69.7686 million CNY [2] Group 3 - The fund manager of Jin Yuan Shun An Value Growth Mixed Fund is Kong Xiangpeng, who has been in the position for over 8 years, and Han Chenyang, who has been managing for over 2 years [3] - The total asset size of the fund managed by Kong is 131 million CNY, while Han manages 788 million CNY [3]

北京市中伦律师事务所 关于上海索辰信息科技股份有限公司 2025 年第二次临时股东会的 法律意见书 二〇二五年九月 北京市中伦律师事务所（以下简称"本所"）作为上海索辰信息科技股份有 限公司（以下简称"公司"）的常年法律顾问，受公司委托，指派律师出席公司 2025 年第二次临时股东会（以下简称"本次股东会"）。本所律师根据《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》"）、《上市公司股东会规则》（以下简称"《股东会规则》"）等有关 法律、法规、规范性文件及《上海索辰信息科技股份有限公司章程》（以下简称 "《公司章程》"）的规定，对本次股东会进行见证并出具法律意见。 为出具本法律意见书，本所律师审查了公司本次股东会的有关文件和材料。 本所律师得到公司如下保证，即其已提供了本所律师认为作为出具本法律意见书 所必需的材料，所提供的原始材料、副本、复印件等材料、口头证言均符合真实、 准确、完整的要求，有关副本、复印件等材料与原始材料一致。 北京 • 上海 • 深圳 • 广州 • 武汉 • 成都 • 重庆 • 青岛 • 杭州 • 南京 • 海口 • 东京 • 香港 ...

证券代码：688507 证券简称：索辰科技 公告编号：2025-051 上海索辰信息科技股份有限公司 2025年第二次临时股东会决议公告 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 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） 股东会召开的时间：2025 年 9 月 15 日 （二） 股东会召开的地点：上海市黄浦区淮海中路 300 号 K11 大厦 51 层公 司会议室 （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： | 1、出席会议的股东和代理人人数 | 98 | | --- | --- | | 普通股股东人数 | 98 | | 2、出席会议的股东所持有的表决权数量 | 39,953,484 | | 普通股股东所持有表决权数量 | 39,953,484 | | 3、出席会议的股东所持有表决权数量占公司表决权数量的比例（%） | 45.1884 | | 普通股股东所持有表决权数量占公司表决权数量的比例（%） | 45.1884 | （四） 表决方式是否符合《公司法》及公司章程的规定，股东会主持情况 等。 ...

Core Viewpoint - The company, Suochen Technology, is advancing its physical AI products and is in the process of acquiring a leading domestic SCD (Software for Control and Data) company, Likong Technology, to enhance its capabilities in the industrial software sector [2][4]. Group 1: Company Performance - As of September 12, 2025, Suochen Technology's stock closed at 96.89 yuan, up 2.28% from the previous week [1]. - The company's total market capitalization is 8.674 billion yuan, ranking 58th out of 133 in the software development sector and 2140th out of 5153 in the A-share market [1]. Group 2: Product Development - The company's physical AI product line includes a comprehensive development and application platform, which allows developers and industrial users to easily create and deploy physical AI applications [2]. - The physical AI platform features various core functionalities such as generative modeling simulation technology, real-time environment rendering, and a physical AI simulation engine [2][4]. Group 3: Market Opportunities - The physical AI platform addresses safety challenges in the low-altitude economy by providing high-fidelity simulations and real-time data integration, which are essential for the safe development of low-altitude operations [3][4]. - The company has identified significant potential in the low-altitude economy, particularly in optimizing flight paths and supporting the development of unmanned traffic management (UTM) systems [3][4]. Group 4: Acquisition of Likong Technology - The acquisition of Likong Technology is progressing smoothly, with the company being a leading player in the domestic SCD industry, focusing on smart manufacturing and data monitoring solutions [3][4]. - Likong Technology has a strong market presence and technical capabilities, having been a pioneer in the SCD software field and achieving significant penetration in various industrial sectors [3][4].

Core Viewpoint - The U.S. Department of Commerce has added 23 Chinese entities to its Entity List, bringing the total to 1,112 Chinese companies on the list, citing national security and foreign policy concerns [1][2]. Group 1: Entities Listed - The 23 entities include 13 related to semiconductors and integrated circuits [3]. - Three entities are involved in biotechnology and life sciences [4]. - Two entities are research institutes related to aerospace, quantum technology, and timing systems [5]. - Two entities are related to industrial and engineering software [5]. - Three entities are involved in supply chain and logistics services [7]. Group 2: Reasons for Listing - The U.S. government claims these entities are involved in acquiring U.S. origin items for China's modernization, aerospace defense, and quantum technology development [2]. - They are also accused of supporting advanced computing, integrated circuit manufacturing, and distribution, directly serving government and security systems [2]. - There are concerns regarding their participation in biotechnology, engineering software development, and semiconductor manufacturing equipment procurement, with risks of circumventing export controls [2]. Group 3: Export Control Implications - All items controlled under the Export Administration Regulations (EAR), including hardware, software, and technology, require a license from the U.S. Department of Commerce for export, re-export, or domestic transfer to the listed entities [7].

Investment Rating - The report assigns a "Buy-A" rating to the company, indicating a positive outlook for its stock performance in the coming months [7]. Core Insights - The company has demonstrated steady revenue growth, with a 10.82% year-on-year increase in revenue for the first half of 2025, amounting to 0.57 billion yuan. However, it reported a net profit loss of 0.46 billion yuan, although this represents a 31.21% improvement compared to the previous year [4][5]. - The engineering simulation software segment has shown remarkable performance, with an 88.84% year-on-year revenue growth, significantly contributing to the overall revenue increase. The company's gross margin improved to 41.89%, up by 3.90 percentage points from the previous year [5][6]. - The company is accelerating its focus on physical AI applications, which have started to generate incremental revenue. In March 2025, it launched physical AI products targeting emerging sectors such as low-altitude economy and new energy batteries, with reported revenue of 3.75 million yuan from these products [6][7]. Financial Performance Summary - For the first half of 2025, the company achieved a revenue of 0.57 billion yuan, with a year-on-year growth of 10.82%. The net profit attributable to shareholders was -0.46 billion yuan, reflecting a 31.21% year-on-year improvement [4]. - The second quarter of 2025 saw a revenue of 0.19 billion yuan, a decrease of 6.65% year-on-year, with a net profit of -0.30 billion yuan, indicating a reduction in losses [4]. - The company’s R&D expense ratio significantly decreased by 44.19 percentage points year-on-year, attributed to revenue scale expansion and some R&D costs being transferred to operating costs [5]. Future Projections - The company is projected to achieve earnings per share (EPS) of 1.12, 1.39, and 1.75 yuan for the years 2025, 2026, and 2027, respectively. Corresponding price-to-earnings (P/E) ratios are expected to be 86.5, 69.5, and 55.1 [7][11]. - Revenue forecasts for the upcoming years are as follows: 2025 at 550 million yuan, 2026 at 751 million yuan, and 2027 at 946 million yuan, reflecting a compound annual growth rate (CAGR) of 26.0% from 2025 to 2027 [11][15].

Investment Rating - The report maintains a "Recommendation" rating for the company, with a target price of 111.65 CNY and a current price of 95.15 CNY [4][8]. Core Views - The company reported a revenue of 57 million CNY for H1 2025, representing a year-on-year increase of 10.82%. The net profit attributable to shareholders was -46 million CNY, with losses narrowing compared to the previous year [2][3]. - The company is focusing on two main product lines: "TianGong" (CAE) and "KaiWu" (Physical AI), with high-margin engineering simulation software contributing significantly to revenue growth [3][8]. - The company is committed to high R&D investment, with R&D expenses amounting to 50.62 million CNY in H1 2025, accounting for 88.27% of revenue [3][8]. - The "KaiWu" platform has shown initial success, generating 3.75 million CNY in revenue in H1 2025, with a target of 30 million CNY for the year [3][8]. - The company is strategically acquiring to enhance its industrial ecosystem, including a merger with a leading real-time industrial database company [3][8]. Financial Summary - Total revenue projections for 2025-2027 are 523 million CNY, 739 million CNY, and 1,071 million CNY, with corresponding growth rates of 38.0%, 41.4%, and 44.8% [4][8]. - The net profit attributable to shareholders is expected to reach 86 million CNY, 125 million CNY, and 169 million CNY for the same period, with growth rates of 107.8%, 45.1%, and 35.4% respectively [4][8]. - The company maintains a high gross margin, with an overall gross margin of 41.89% in H1 2025, driven by the increase in high-margin business [3][8].

Group 1 - The core viewpoint of the news is that Shanghai Soochow Technology Co., Ltd. experienced a decline in stock price, with a drop of 5.16% to 90.24 CNY per share, and a total market capitalization of 8.041 billion CNY as of the report date [1] - The company specializes in CAE software development, sales, and services, with its main revenue sources being engineering simulation software (60.29%), simulation product development (36.16%), technical services (2.86%), machining services (0.53%), and other businesses (0.16%) [1] - The company was established on February 24, 2006, and went public on April 18, 2023 [1] Group 2 - From the perspective of fund holdings, Bosera Fund has a significant position in Soochow Technology, with its Bosera Hengrun 6-Month Holding Period Mixed A Fund holding 3,046 shares, accounting for 0.53% of the fund's net value [2] - The fund has reported a floating loss of approximately 15,000 CNY due to the stock's decline [2] - The fund was established on October 26, 2021, and has a current scale of 43.7831 million CNY, with a year-to-date loss of 1.09% and a ranking of 6,584 out of 8,256 in its category [2]