证券代码：688507 证券简称：索辰科技 公告编号：2025-063 上海索辰信息科技股份有限公司（简称"公司"）于 2025 年 10 月 29 日召 开了第二届董事会第二十一次会议，审议通过了《关于作废 2023 年限制性股票 激励计划部分已授予尚未归属的限制性股票的议案》，同意公司根据《上市公 司股权激励管理办法》（简称《管理办法》）、《公司 2023 年限制性股票激励 计划（草案）》（简称"本激励计划"或《激励计划（草案）》）的相关规定， 以及公司 2023 年第一次临时股东大会的授权，同意作废部分已授予尚未归属的 限制性股票。现将有关事项说明如下： 一、本激励计划已履行的决策程序和信息披露情况 1、2023 年 8 月 24 日，公司召开第二届董事会第二次会议，会议审议通过 了《关于<上海索辰信息科技股份有限公司 2023 年限制性股票激励计划（草 案）>及其摘要的议案》《关于<上海索辰信息科技股份有限公司 2023 年限制性 股票激励计划实施考核管理办法>的议案》以及《关于提请公司股东大会授权董 事会办理 2023 年限制性股票激励计划相关事宜的议案》等议案。公司独立董事 就本激励计划相关议案发 ...

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 部分已授予尚未归属的限制性股票事项的 法律意见书 二〇二五年十月 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 • 伦敦 • 纽约 • 洛杉矶 • 旧金山 • 阿拉木图 Beijing • Shanghai • Shenzhen • Guangzhou • Wuhan • Chengdu • Chongqing • Qingdao • Hangzhou • Nanjing • Haikou • Tokyo • Hong Kong • London • New York • Los Angeles • San Francisco • Almaty 2023 年限制性股票激励计划调整授予价格、作废 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 2023 年限制性股票激励计划调整授予价格、作废 部分已授予尚未归属的限制性股票事项的 法律意见书 致：上海索辰信息科技股份有限公司 北京市中伦律师事务所（以下简称"本所"）接受上海索辰信息科技股份有 限公司（以下简称"公司"）的 ...

上海索辰信息科技股份有限公司 第二届董事会第二十一次会议决议公告 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。 一、董事会会议召开情况 上海索辰信息科技股份有限公司（简称"公司"）第二届董事会第二十一次会 议于 2025 年 10 月 29 日在公司会议室以现场结合通讯方式召开，会议通知已于 2025 年 10 月 17 日以书面方式送达各位董事。会议由公司董事长陈灏先生主持，应 参会董事 7 名，实际参会董事 7 名。会议的召集、召开和表决情况符合《中华人民 共和国公司法》等有关法律、法规及《上海索辰信息科技股份有限公司章程》（简 称《公司章程》）的规定，形成的决议合法、有效。 二、董事会会议审议情况 经与会董事投票表决，本次会议审议并通过了以下议案： （一）审议通过了《关于<公司 2025 年第三季度报告>的议案》 经审议，公司 2025 年第三季度报告的编制符合相关法律法规、上交所业务 规则及《公司章程》的有关规定，报告真实、准确、完整地反映了公司的财务 状况和经营情况，不存在虚假记载、误导性陈述或重大遗漏。 证券 ...

Financial Performance - The company's operating revenue for Q3 2025 was ¥48,559,745.53, representing a year-over-year increase of 56.14%[3] - The total profit for the period was -¥35,444,445.15, with a year-to-date total profit of -¥97,837,938.64, indicating significant losses[3] - The net profit attributable to shareholders was -¥30,252,825.48 for the quarter, and -¥75,951,125.92 year-to-date[3] - Total revenue for the first three quarters of 2025 reached CNY 105,910,621.06, an increase from CNY 82,851,753.56 in the same period of 2024, representing a growth of approximately 27.8%[20] - Net profit for the first three quarters of 2025 was a loss of CNY 78,109,043.28, compared to a loss of CNY 74,216,187.52 in the same period of 2024, indicating a deterioration in profitability[21] - The total comprehensive income attributable to the parent company was -75,751,556.46 CNY for the first three quarters of 2025, compared to -70,795,214.13 CNY in the same period of 2024, reflecting a decline[22] Research and Development - Research and development expenses totaled ¥29,867,729.64, accounting for 61.51% of operating revenue, a decrease of 6.13 percentage points compared to the previous year[4] - The company experienced an increase in R&D personnel salaries and technical service fees, contributing to the rise in R&D expenses[8] - Research and development expenses amounted to CNY 80,488,664.94, down from CNY 89,580,909.36, showing a decrease of approximately 10.2%[20] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,990,091,002.88, down 2.62% from the previous year-end[4] - The total assets decreased to CNY 2,990,091,002.88 from CNY 3,070,471,115.59, a decline of about 2.6%[19] - Total liabilities increased to CNY 176,415,227.31 from CNY 168,008,997.41, reflecting an increase of approximately 5.3%[18] - The company's total equity decreased to CNY 2,813,675,775.57 from CNY 2,902,462,118.18, a decline of approximately 3.1%[19] Cash Flow - As of September 30, 2025, the company's cash and cash equivalents amounted to RMB 1,634,182,720.72, a decrease from RMB 1,900,689,509.48 as of December 31, 2024[16] - The company's cash and cash equivalents decreased from CNY 2,591,781,118.34 to CNY 2,355,620,681.36, a decline of about 9.1%[19] - The net cash flow from operating activities was -74,301,652.24 CNY for the first three quarters of 2025, an improvement from -87,117,140.32 CNY in the same period of 2024[24] - Cash received from sales of goods and services was 140,111,461.18 CNY, down from 147,537,019.34 CNY year-over-year[23] - Total cash inflows from operating activities amounted to 166,031,498.26 CNY, compared to 181,208,800.76 CNY in the previous year[23] - Cash outflows from operating activities totaled 240,333,150.50 CNY, a decrease from 268,325,941.08 CNY in the same period of 2024[23] - The net cash flow from investing activities was -132,556,200.07 CNY for the first three quarters of 2025, compared to -126,684,987.67 CNY in the same period of 2024[24] - Cash inflows from investing activities were 36,118,316.49 CNY, while cash outflows were 168,674,516.56 CNY, resulting in a significant net outflow[24] - Cash flow from financing activities resulted in a net outflow of -59,838,505.91 CNY, slightly improved from -60,535,883.87 CNY in the previous year[24] - The ending cash and cash equivalents balance was 1,633,516,170.72 CNY, down from 1,951,042,164.80 CNY year-over-year[24] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 11,339[10] - The company repurchased a total of 693,511 shares, representing 0.78% of the total share capital, with a total expenditure of RMB 50,502,956[13] - The company plans to grant up to 693,511 restricted stocks to core technical personnel, representing 0.78% of the total share capital[14] - The maximum price for repurchased shares was RMB 96.67 per share, while the minimum was RMB 39.65 per share[13] - The company has not disclosed any significant changes in the relationships among its major shareholders[12] Inventory and Other Assets - The company reported a total inventory of RMB 17,272,593.41 as of September 30, 2025, slightly up from RMB 17,224,963.52[16] - The company’s contract assets stood at RMB 18,336,658.14, compared to RMB 17,514,923.61 in the previous year[16] - The company’s prepayments increased to RMB 16,279,852.07 from RMB 9,195,486.02 year-over-year[16] - The company reported a significant increase in other income to CNY 10,514,160.02 from CNY 6,518,065.68, representing an increase of about 61.1%[20] Earnings Per Share - The company reported a basic and diluted earnings per share of -¥0.34 for the quarter, and -¥0.86 year-to-date[3] - The company reported a basic and diluted earnings per share of -0.86 CNY for the current period, compared to -0.80 CNY in the previous period[22] - The weighted average return on net assets was -1.09%, a decrease of 0.94 percentage points compared to the previous year[3]

索辰科技公告，第三季度营收为4855.97万元，同比增长56.14%；净利润亏损3025.28万元。前三季度营 收为1.06亿元，同比增长27.83%；净利润亏损7595.11万元。 ...

Summary of the Conference Call for Suochen Technology Company Overview - **Company**: Suochen Technology - **Industry**: Computer-Aided Engineering (CAE) and Physical AI Key Points Industry and Market Position - Suochen Technology is a leading domestic CAE software company in China, with a market share of approximately 4.5% to 5% in 2024, benefiting from the trend of domestic substitution due to increasing localization rates [4][3][13] - The global CAE market is valued at around $10 billion, while the Chinese market is close to 100 billion RMB, indicating significant growth potential as the awareness of software licensing increases [13] Financial Performance and Projections - In the first half of 2025, Suochen Technology achieved approximately 3.75 million RMB in revenue from its Physical AI platform, accounting for 6.5% to 7% of total revenue, with a target of 30 million RMB for the full year [2][5] - The company expects total revenue to approach 500 million RMB in 2025, representing a year-on-year growth of about 30%, and to reach approximately 620 million RMB in 2026 [6][4] - Profit margins are anticipated to recover to 25% to 30% as the company expands its operations [6] Product Development and Innovations - Suochen Technology launched the "Kaiwu" Physical AI platform, which competes with NVIDIA's Omniverse, and introduced a training platform for embodied intelligence and robotics [2][5] - The company aims to bridge the gap between real and simulated environments, particularly in the wind power sector, optimizing turbine designs and securing a 30 million RMB order in the low-altitude economy project [11] Competitive Advantages - Suochen Technology's comprehensive product layout, especially in multi-physical fields and AI-related areas, positions it favorably against foreign competitors like Ansys, which is experiencing slower growth in China [4][13] - The company has a strong focus on domestic market needs and has been actively involved in mergers and acquisitions to enhance its industry channels and hardware capabilities [14] Challenges and Solutions - The robotics industry faces challenges related to data generalization and precision, which Suochen aims to address through simulation data that reduces costs and increases data diversity [9][10] - The reliance on simulation data is crucial for training robots, allowing for diverse action attempts and adaptability to environmental changes [10] Future Outlook and Valuation - The company maintains a median PS valuation of around 20 times since its IPO in April 2024, with a projected valuation ceiling of approximately 30 billion RMB based on capturing 20% of the potential 150 billion RMB CE market [7][18] - The anticipated revenue growth from Physical AI and high-margin business models could further enhance the company's valuation, with a conservative estimate suggesting a valuation space of at least 12.4 billion RMB by 2026 [8][18] Impact of External Factors - Being placed on the U.S. Entity List has not adversely affected Suochen's fundamentals, as the company relies solely on domestic sales and does not depend on overseas technology [15] Strategic Directions - Suochen plans to expand its business into automotive and wind power sectors while continuing to develop its simulation platform and data delivery for the robotics field [12][11] This summary encapsulates the essential insights from the conference call regarding Suochen Technology's market position, financial outlook, product innovations, competitive advantages, and strategic directions.

Core Insights - The stock price of Suochen Technology has seen a significant increase of 91.97% year-to-date, with a recent drop of 2.08% on October 28, trading at 104.30 CNY per share [1] - The company specializes in CAE software development, sales, and services, with a revenue composition heavily weighted towards its TianGong simulation products [2] - As of June 30, 2025, the company reported a revenue of 57.35 million CNY, reflecting a year-on-year growth of 10.82%, while the net profit attributable to shareholders was -45.70 million CNY, showing a 31.21% increase in losses compared to the previous year [2] Financial Performance - The stock's trading volume on October 28 reached 202 million CNY, with a turnover rate of 3.85% and a total market capitalization of 9.29 billion CNY [1] - The company has made a cumulative cash distribution of 67.92 million CNY since its A-share listing [3] - The top ten circulating shareholders include new entrants such as Nuoan Active Return Mixed A, which holds 953,600 shares [3] Market Activity - The stock has experienced significant trading activity, with net outflows of 9.41 million CNY from major funds on October 28, while large orders accounted for 26.30% of buy transactions and 34.90% of sell transactions [1] - Suochen Technology has appeared on the "Dragon and Tiger List" once this year, with a net buy of 23.53 million CNY on March 17 [1]

Core Insights - The stock price of Suochen Technology has increased by 86.25% year-to-date, with a recent rise of 8.54% over the last five trading days [2] - The company has a market capitalization of 9.017 billion yuan and reported a net outflow of 484.53 thousand yuan in main funds [1] Company Overview - Suochen Technology, established on February 24, 2006, focuses on the research, development, sales, and service of CAE software [2] - The company went public on April 18, 2023, and is classified under the software development industry, specifically in vertical application software [2] Financial Performance - For the first half of 2025, Suochen Technology achieved operating revenue of 57.35 million yuan, reflecting a year-on-year growth of 10.82% [3] - The net profit attributable to the parent company was -45.70 million yuan, showing a year-on-year increase of 31.21% [3] Shareholder Information - As of June 30, 2025, the number of shareholders decreased by 14.55% to 5,763, while the average circulating shares per person increased by 18.64% to 8,543 shares [3] - The company has distributed a total of 67.92 million yuan in dividends since its A-share listing [4] Institutional Holdings - Notable institutional investors include Nuoan Active Return Mixed A, which is the sixth largest circulating shareholder with 953.6 thousand shares, and Nuoan Growth Mixed A, which remains the tenth largest with 730 thousand shares [4]

Core Insights - The stock price of Suochen Technology increased by 2.13% on October 23, reaching 98.63 CNY per share, with a market capitalization of 8.789 billion CNY [1] - Year-to-date, the stock has risen by 81.54%, with a recent 5-day increase of 0.72% and a 20-day decline of 3.60% [1] Financial Performance - For the first half of 2025, Suochen Technology reported revenue of 57.35 million CNY, a year-on-year growth of 10.82%, while the net profit attributable to shareholders was -45.70 million CNY, reflecting a 31.21% increase in losses [2] - Cumulative cash dividends since the company's A-share listing amount to 67.92 million CNY [3] Shareholder Structure - As of June 30, 2025, the number of shareholders decreased by 14.55% to 5,763, while the average circulating shares per person increased by 18.64% to 8,543 shares [2] - Notable institutional shareholders include Nuoan Active Return Mixed A, which is the sixth largest shareholder with 953,600 shares, and Nuoan Growth Mixed A, which remains the tenth largest shareholder with 730,000 shares [3] Business Overview - Suochen Technology, established on February 24, 2006, focuses on the research, development, sales, and services of CAE software, with its main revenue sources being simulation product development (56.93%) and engineering simulation software (29.33%) [2] - The company operates within the computer software development sector, specifically in vertical application software, and is involved in concepts such as industrial software and digital twins [2]

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。 住所：北京市海淀区翠湖南环路13号院1号楼3层310室 二、进展情况 公司近日收到昆宇蓝程的通知，其已完成工商变更登记手续并取得了北京市海淀区市场监督管理局换发 的《营业执照》，相关登记信息如下： 公司名称：昆宇蓝程（北京）科技有限责任公司 统一社会信用代码：91110108055605066W 企业类型：有限责任公司（自然人投资或控股） 注册资本：1,000万元 法定代表人：王晋升 成立日期：2012年10月16日 一、交易概述 上海索辰信息科技股份有限公司（简称"公司"）于2025年10月9日召开了第二届董事会第二十次会议， 审议通过了《关于全资子公司购买昆宇蓝程（北京）科技有限责任公司55%股权的议案》，同意公司全 资子公司上海索辰数字科技有限公司以人民币7,425万元收购昆宇蓝程（北京）科技有限责任公司（简 称"昆宇蓝程"）55%股权。本议案无需提交公司股东会审议。具体内容详见公司于2025年10月10日刊登 于上海证券交易所网站（www.sse.com.cn）的《关 ...