Group 1 - The report highlights optimism for the export of air separation equipment and the development of smart fire safety systems under urban renewal policies, indicating a market space exceeding 100 billion yuan for air separation equipment [3][13][14] - Air separation equipment is crucial for producing industrial gases and is widely used in various industries such as coal chemical, petrochemical, metallurgy, and nuclear power [3][13] - The company Fostar has established a strong brand presence in overseas markets due to its quality certifications, customer resources, project experience, and competitive pricing [14][15][16] Group 2 - Urban renewal policies have been continuously introduced since 2025, focusing on creating livable, resilient, and smart cities, which has led to a significant demand for upgrading fire safety systems in older residential areas [3][17][18] - The report mentions that as of the end of 2024, contracts for urban renewal projects in Beijing have exceeded 50%, indicating a robust market for fire safety equipment upgrades [19] - Qingniao Fire Safety, a leading company in fire alarm systems, is actively exploring the market for upgrading fire safety equipment in existing buildings, focusing on intelligent upgrades and integrated safety solutions [19] Group 3 - The probe station market, a key testing equipment in semiconductor manufacturing, has shown strong growth potential, with a compound annual growth rate (CAGR) of 22.28% from 2013 to 2023 in mainland China [5][14] - The demand for probe stations is closely linked to advancements in semiconductor manufacturing processes and increased production volumes, with domestic leaders like Xidian accelerating the pace of domestic substitution [5][14] - The report indicates that Xidian's market share in China reached 25.7% in 2023, reflecting a strengthening trend towards domestic replacement of imported equipment [5][14]

Key Points - The company has adjusted the maximum repurchase price from RMB 101.87 per share to RMB 70.03 per share, effective from July 10, 2025 [1][2] - The total amount for the repurchase will be no less than RMB 10 million and no more than RMB 20 million [3][4] - The repurchase shares will be used for equity incentives at an appropriate time in the future [1] - The adjustment in the repurchase price is due to the implementation of the 2024 annual profit distribution, which includes a cash dividend of RMB 6.00 per 10 shares and a capital reserve increase of 4.5 shares for every 10 shares [2] - The adjusted maximum repurchase price calculation considers the cash dividend and the change in circulating shares [2] - The estimated number of shares to be repurchased ranges from approximately 142,796 to 285,591 shares, accounting for about 0.09% to 0.17% of the total share capital after the distribution [4] - Other aspects of the share repurchase remain unchanged, and the company will comply with relevant regulations during the repurchase period [4]

Investment Rating - The report rates the computer industry as "Outperform" [1] Core Insights - The computer industry continues to follow core trends of AI, localization, and robotics, with significant developments from Huawei, Hong Kong's digital asset policies, and Xiaomi's product launches [3][18] - Huawei's Developer Conference introduced HarmonyOS 6 and new AI cloud services, marking a new phase for the HarmonyOS ecosystem [3][18] - Hong Kong's Digital Asset Development Policy 2.0 aims to establish the region as a global hub for digital assets, emphasizing blockchain's role in enhancing financial transactions [3][19] - Xiaomi's YU7 model achieved remarkable pre-order success, indicating strong market demand and the company's commitment to R&D investment [3][20] Summary by Relevant Sections Huawei Developer Conference - The conference showcased HarmonyOS 6, with over 40 devices now running the system and more than 9000 applications in development [3][18] Hong Kong Digital Asset Policy - The new policy aims to create a diverse digital asset ecosystem, enhancing Hong Kong's position as a leading international financial center [3][19] Xiaomi Product Launch - Xiaomi's YU7 model received over 200,000 pre-orders within 3 minutes, highlighting its market impact and the company's future R&D investment plans [3][20] Key Companies to Watch - The report highlights key companies in the sector, including Empyrean Technology, Dameng Data, Beijing Kingsoft Office Software, Newland Digital Technology, Jiangsu Tongxingbao, Kingdee International, and Huhu Information [3][18]

证券代码：688531 证券简称：日联科技 公告编号：2025-048 日联科技集团股份有限公司 关于 2024 年度权益分派实施后调整回购股 份价格上限的公告 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。 重要内容提示： 一、回购股份的基本情况 日联科技集团股份有限公司（以下简称"公司"）于 2025 年 6 月 23 日召开 第四届董事会第十三次会议，审议通过了《关于以集中竞价交易方式回购公司股 份方案的议案》，同意公司以自有资金和自筹资金通过集中竞价交易方式回购公 司股份，本次回购的股份将在未来适宜时机用于股权激励，回购资金总额不低于 人民币 1,000 万元（含），不超过人民币 2,000 万元（含），回购价格不超过人民 币 101.87 元/股（含），回购期限为自公司董事会审议通过本次回购股份方案之日 起不超过 12 个月。具体内容分别详见公司于 2025 年 6 月 24 日、2025 年 7 月 1 日在上海证券交易所网站（www.sse.com.cn）披露的《日联科技集团股份有限公 司关于以集中竞价交易方 ...

Group 1 - The company, 日联科技, has received a notice from its continuous supervision institution, 国泰海通证券, regarding the change of its continuous supervision sponsor representative [1][2] - The original sponsor representative, 黄科峰, is unable to continue due to work arrangements, and 陈瀚宇 has been appointed to take over his duties [1][2] - The new sponsor representatives for the company's IPO and continuous supervision project are 许小松 and 陈瀚宇, with the supervision period lasting until December 31, 2026 [1][2] Group 2 - The change of sponsor representatives will not affect the conclusions of previously issued documents by the sponsor institution and representatives [2] - The company expresses gratitude to 黄科峰 for his contributions during the IPO and continuous supervision period [2] - 陈瀚宇 has been involved in investment banking since 2021 and has participated in several IPOs, maintaining a good professional record [2]

一、本次差异化分红的原因 2024 年 2 月 6 日，公司召开第三届董事会第二十次会议，审议通过了《关 于以集中竞价交易方式回购公司股份方案的议案》，同意公司以自有资金通过上 海证券交易所交易系统以集中竞价交易方式回购公司已发行的部分人民币普通 股股票。回购的股份将在未来适宜时机用于股权激励，回购价格不超过 123.01 元/股（含），回购资金总额不低于人民币 1 亿元（含），不超过人民币 2 亿元 （含），回购期限为 2024 年 2 月 6 日至 2025 年 2 月 5 日。 根据《上市公司股份回购规则》《上海证券交易所上市公司自律监管指引第 7 号——回购股份》等有关规定，上市公司回购专用账户中的股份，不享有利润 分配的权利。因此，公司 2024 年度利润分配实施差异化分红。 二、本次差异化分红方案 国泰海通证券股份有限公司 关于日联科技集团股份有限公司 差异化分红送转特殊除权除息事项的核查意见 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"）作为日联 科技集团股份有限公司（以下简称"日联科技"或"公司"）首次公开发行股票并在 科创板上市持续督导阶段的保荐机构，根据《中华人民共和国公司 ...

本次保荐代表人的变更不会改变相关材料中保荐机构及保荐代表人已出具 文件的结论性意见，不涉及更新保荐机构已出具的相关材料；保荐机构及保荐 代表人将继续对之前所出具的相关文件之真实性、准确性和完整性承担相应的 法律责任。 本次保荐代表人更换后，公司首次公开发行股票并在科创板上市项目持续 督导保荐代表人为许小松先生、陈瀚宇先生。 证券代码：688531 证券简称：日联科技 公告编号：2025-046 日联科技集团股份有限公司 关于更换持续督导保荐代表人的公告 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。 日联科技集团股份有限公司（以下简称"公司"或"日联科技"）于近日 收到持续督导机构国泰海通证券股份有限公司（以下简称"国泰海通"）出具 的《关于更换日联科技集团股份有限公司持续督导保荐代表人的函》。国泰海 通作为公司首次公开发行股票并在科创板上市的保荐机构，指定黄科峰先生、 许小松先生为公司首次公开发行股票并在科创板上市项目持续督导保荐代表人， 负责保荐工作及持续督导工作，持续督导期至2026年12月31日。 原保荐代表人黄科 ...

日联科技集团股份有限公司 2024年年度权益分派实施公告 证券代码：688531 证券简称：日联科技 公告编号：2025-047 截至股权登记日下午上海证券交易所收市后，在中国证券登记结算有限责任 公司存在首发战略配售股份，首发战略配售股份已全部上市流通 是否涉及差异化分红送转：是 每股分配比例，每股转增比例 1. 发放年度：2024年年度 2. 分派对象： 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。 重要内容提示： 每股现金红利0.6元 每股转增0.45股 相关日期 | 股权登记日 | 除权（息）日 | 新增无限售条件流 | 现金红利发放日 | | --- | --- | --- | --- | | | | 通股份上市日 | | | 2025/7/9 | 2025/7/10 | 2025/7/10 | 2025/7/10 | 一、通过分配、转增股本方案的股东会届次和日期 本次利润分配及转增股本方案经公司2025 年 5 月 16 日的2024年年度股东会审 议通过。 二、分配、转增股本方案 公司通过回购专用账户持有的 ...

| 回购方案首次披露日 | 2025/6/24 | | | | | | | --- | --- | --- | --- | --- | --- | --- | | 回购方案实施期限 | 2025 年 6 月 23 月 | | 日~2026 | 年 | 6 | 22 日 | | 预计回购金额 | 1,000万元~2,000万元 | | | | | | | 回购用途 | □减少注册资本 √用于员工持股计划或股权激励 □用于转换公司可转债 | | | | | | | | □为维护公司价值及股东权益 | | | | | | | 累计已回购股数 | 0万股 | | | | | | | 累计已回购股数占总股本比例 | | 0% | | | | | | 累计已回购金额 | 0万元 | | | | | | | 实际回购价格区间 | 0元/股~0元/股 | | | | | | 证券代码：688531 证券简称：日联科技 公告编号：2025-045 一、回购股份的基本情况 日联科技集团股份有限公司 2025 年 6 月 23 日，公司召开第四届董事会第十三次会议，审议通过了《关于 以集中竞价交易方式回购公司股份方案的议案》，同意 ...

Core Viewpoint - The company plans to repurchase shares with an amount not less than RMB 10 million and not exceeding RMB 20 million, using its own and self-raised funds for the purpose of employee stock incentives [1][5][12] Summary by Sections Share Repurchase Plan - The repurchase will be conducted through centralized bidding and is expected to be completed within 12 months from the board's approval [4][6] - The maximum repurchase price is set at RMB 101.87 per share, which is 150% of the average trading price over the last 30 trading days prior to the board's decision [1][8] Financial Implications - The estimated number of shares to be repurchased ranges from approximately 98,165 to 196,328 shares, representing 0.09% to 0.17% of the total share capital [7][9] - As of March 31, 2025, the company's total assets are RMB 368.33 million, and the repurchase amount will account for 0.54% of total assets and 0.61% of net assets [9][10] Governance and Compliance - The repurchase plan was approved by the board with unanimous consent, and it does not require shareholder approval [3][4] - The company has confirmed that major shareholders and executives have no plans to sell shares in the next three to six months [2][11] Future Plans for Repurchased Shares - The repurchased shares will be used for employee stock incentives and must be transferred within three years after the repurchase announcement; otherwise, they will be canceled [1][12][13] - The company will adjust the repurchase plan according to any changes in regulations or market conditions [15][16]