Core Viewpoint - Qi Anxin's stock price has shown volatility, with a year-to-date increase of 32.24%, but recent declines in the short term raise concerns about its market performance [1][2]. Group 1: Stock Performance - On September 26, Qi Anxin's stock price fell by 2.02%, trading at 35.48 CNY per share, with a total market capitalization of 24.206 billion CNY [1]. - Year-to-date, Qi Anxin's stock has increased by 32.24%, but it has decreased by 0.89% over the last five trading days and 11.26% over the last 20 days [1]. - The stock has experienced a 7.84% increase over the last 60 days [1]. Group 2: Financial Metrics - For the first half of 2025, Qi Anxin reported a revenue of 1.742 billion CNY, a year-on-year decrease of 2.30%, while the net profit attributable to shareholders was -770 million CNY, an increase of 6.16% year-on-year [2]. - The company's revenue composition includes 61.00% from security products, 19.67% from security services, and 18.93% from hardware and other sources [2]. Group 3: Shareholder Information - As of June 30, 2025, Qi Anxin had 25,900 shareholders, a decrease of 4.98% from the previous period, with an average of 26,433 shares held per shareholder, an increase of 5.24% [2]. - The top ten circulating shareholders include the Huaxia SSE Sci-Tech 50 ETF, holding 15.1968 million shares, a decrease of 209,400 shares, and the E Fund SSE Sci-Tech 50 ETF, holding 11.3456 million shares, an increase of 320,500 shares [3].

Core Insights - Multiple cybersecurity companies are actively investing in AI technology development, leading to innovative products and solutions in the cybersecurity sector [1][2][3] - The integration of AI in cybersecurity is seen as a double-edged sword, presenting both new security risks and opportunities for efficiency and product enhancement [1][3] Group 1: Company Developments - Green Alliance Technology plans to launch a series of AI security products aimed at protecting large models, including an AI security integrated machine and an AI security fence [1] - North Trust has developed an AI capability platform that integrates large models and tools, which has been deployed in sectors like finance and energy [1][2] - Deepin Technology has incorporated large model technology into its cybersecurity products, including a security GPT and AI firewall, and plans to increase R&D investment in AI [2] - Ant Group has introduced innovative products that merge cybersecurity with AI technology, including a trusted connection framework for smart glasses [2] - Starry Sky Technology's AI model has been applied in security operations and threat detection, enhancing product capabilities and service efficiency [3] - AsiaInfo reported significant growth in AI model applications and deliveries in the first half of the year, focusing on AI model applications, 5G private networks, and intelligent operations as growth engines [3] Group 2: Industry Trends and Challenges - According to Gartner, the focus of cybersecurity in China is shifting towards ensuring the safety of AI, with expectations that by 2027, 60% of large enterprises will adopt exposure management technologies [3][4] - The risks associated with AI model applications include prompt injection and model manipulation, which require careful monitoring and preventive measures [3][4] - The importance of supply chain security in AI applications is emphasized, as vulnerabilities and configuration errors can lead to significant data leaks [4] - The rapid adoption of AI models is likened to the early days of website proliferation, but it also brings a surge in security risks due to the extensive permissions these models may have [4][5] Group 3: Recommendations for AI Security - Experts suggest mandatory registration for AI models to identify risks early and enhance user understanding of their safety and usability [5] - Companies are encouraged to build protective systems for AI applications, including compliance assessments and the deployment of AI security technologies [5] - Establishing trust through security measures is seen as essential for promoting data flow and maximizing the value of AI across various industries [5]

奇安信科技集团股份有限公司 2025 年第二次临时股东大会会议资料 2025 年 9 月 1 / 8 奇安信科技集团股份有限公司 2025 年第二次临时股东大会会议资料 证券代码：688561 证券简称：奇安信 | 一、会议须知 . | | --- | | 二、会议基本情况 …………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………… 5 | | 三、会议议程 . | | 中文 (1),工艺(文字),四八六年纪六十年出学习中学生产品之一。 ( | （三）出席会议的股东及股东代理人须在会议召开前 30 分钟到会议现场办 理签到手续，并请按规定出示身份证明文件或法人单位证明、授权委托书等，经 验证后领取会议资料，方可出席会议。 （四）股东及股东代理人依法享有发言权、质询权和表决权等各项权益。股 东及股东代理人参加股东大会，应认真行使、履行其法定权利和义务，不得侵犯 公司和其他股东的合法权益，不得扰乱股东大会的正常秩序。 （五）要求现场发言 ...

Core Viewpoint - The article discusses the increasing scrutiny and criticism of Chinese cybersecurity companies by U.S. experts and institutions, particularly focusing on the actions of Dakota Cary and the implications for the cybersecurity industry. Group 1: Criticism of Chinese Cybersecurity Companies - Dakota Cary, a prominent figure in U.S. cybersecurity, has accused several Chinese companies, including Alibaba and Baidu, of being "weapons suppliers" for state-sponsored hacking, distorting the nature of penetration testing services [1][3][6] - Cary's claims are seen as part of a broader strategy to isolate Chinese cybersecurity firms from international collaborations, particularly the Microsoft Active Protections Program (MAPP) [6][7] - Following Cary's accusations, Microsoft announced restrictions on Chinese companies' access to vulnerability information, which was celebrated by Cary as a victory [7][8] Group 2: Historical Context and Evolution - The article traces the origins of U.S. criticism of Chinese cybersecurity back to a 2012 congressional hearing where Richard Bejtlich accused the Chinese government of extensive cyber espionage [9][13] - This hearing marked the beginning of a decade-long focus on China as a primary adversary in cyberspace, leading to a series of reports and accusations against Chinese firms [13][14] - The narrative has evolved, with newer figures like Cary taking the lead in shaping public perception and policy against Chinese cybersecurity entities [17][20] Group 3: The Role of U.S. Cybersecurity Firms - U.S. cybersecurity firms, such as SentinelOne, have benefited from the political climate by increasing government contracts, with SentinelOne's government orders rising from 12% in 2021 to 37% by 2025 [32][33] - The article highlights a pattern where U.S. cybersecurity companies publish reports that criticize Chinese firms, which in turn helps them secure government contracts and funding [32][34] - The rise of companies like CrowdStrike and SentinelOne is linked to their ability to align with U.S. government interests and narratives against China [33][34] Group 4: Response from Chinese Cybersecurity Firms - In response to the accusations, Chinese cybersecurity companies have begun to publish their own reports exposing U.S. cyber activities, aiming to counter the narrative and assert their capabilities [36][37] - Reports from firms like Qihoo 360 and Antiy have detailed U.S. cyber attacks, marking a shift towards a more aggressive defense strategy against U.S. claims [35][36] - The article notes that these responses are part of a broader struggle for legitimacy and recognition in the global cybersecurity landscape [34][38] Group 5: Future Implications - The ongoing conflict between U.S. and Chinese cybersecurity firms reflects a larger geopolitical struggle, with implications for international cybersecurity cooperation and competition [48][49] - The article suggests that the U.S. is conducting a comprehensive assessment of China's cybersecurity capabilities, which may signal preparations for future cyber confrontations [48][49] - The narrative constructed by U.S. experts may influence policy decisions and funding allocations within the U.S. government, further entrenching the divide between the two nations in the cybersecurity domain [57][58]

Group 1 - The core message of the event is the increasing security threats faced by critical infrastructure due to the global wave of digitalization and intelligence, with a shift in cyber attacks from traditional IT systems to industrial control systems and IoT systems [1] - The construction and operation of a security protection system for critical information infrastructure is emphasized as a systematic project that requires a systematic engineering approach to build a technical, management, and operational framework for cybersecurity [1] Group 2 - Qihoo 360 has established a presence in the Hong Kong market for over three years, collaborating with various government departments, public institutions, and financial units, becoming a key player in the Hong Kong cybersecurity market [2] - Qihoo 360 is set to take on the cybersecurity protection tasks for the upcoming 15th National Games of the Guangdong-Hong Kong-Macao Greater Bay Area, highlighting its role in regional cybersecurity [2] - With the implementation of the Hong Kong Critical Infrastructure Protection Ordinance on January 1, 2026, Qihoo 360 aims to collaborate with various critical infrastructure sectors to strengthen cybersecurity defenses [2]

Core Insights - The 22nd China-ASEAN Expo has introduced a dedicated 10,000-square-meter pavilion for Artificial Intelligence (AI), highlighting the growing cooperation between China and ASEAN [2][9] - The expo features nearly 160,000 square meters of exhibition space with over 3,200 enterprises from 60 countries participating, indicating a significant international presence [3][18] - The AI pavilion is the largest single-theme hall in the expo's history, showcasing nearly 200 tech firms and around 1,200 innovative products and technologies [4][9] AI Pavilion Highlights - Major tech companies such as Huawei, Alibaba, and iFlytek are prominently featured, presenting advanced AI products tailored for ASEAN clients [7][8] - iFlytek has launched a multilingual AI model designed for the 10 ASEAN member countries, with a reported sale of approximately 15,000 smart devices generating about 13 million yuan in revenue in 2024 [8] - The AI pavilion also includes contributions from ASEAN members, showcasing smart agriculture technologies and scientific innovations [12][14] Economic and Trade Cooperation - The expo's theme emphasizes leveraging digital technology and innovation to enhance trade and investment between China and ASEAN [9][10] - China has been ASEAN's largest trading partner for 16 consecutive years, while ASEAN has been China's largest trading partner for the past five years, indicating strong bilateral trade relations [17][18] - The strategic location of Guangxi is highlighted as a key area for implementing China-ASEAN cooperation in AI, facilitating further collaboration and innovation [16][17]

Core Points - The Beijing Municipal Cyberspace Administration, in collaboration with various departments, is organizing a special recruitment event for cybersecurity talent during the National Cybersecurity Publicity Week in 2025, aimed at supporting high-quality employment for the 2026 college graduates and unemployed graduates [1] - The recruitment fair will take place online from September 17 to 30, allowing graduates to submit resumes through the Beijing College Student Employment and Entrepreneurship Information Network [1] - A total of 118 large state-owned enterprises, leading private companies, and innovative small and micro enterprises will participate, offering 5,161 cybersecurity-related job positions across various sectors including cybersecurity, internet, manufacturing, and technology services [1] - The event will feature school-enterprise matchmaking activities with universities such as Beijing University of Posts and Telecommunications, Beijing Institute of Technology, and Beihang University, as well as cybersecurity companies like Qi Anxin and 360 [1] - Compared to last year, the recruitment fair has doubled in terms of job offerings, student attendance, and the number of resumes submitted [1]

Core Viewpoint - Companies are increasingly engaging in cancellation buybacks, with several firms opting to cancel shares from employee stock ownership plans due to unmet performance targets [2][10]. Group 1: Company Actions - Ninebot Company (689009.SH) announced the cancellation of 6 million CDRs, representing 0.83% of its total CDRs, previously intended for employee stock ownership plans [2][4]. - Other companies, including Qi Anxin (688561.SH) and Lepu Medical (300003.SZ), have also engaged in similar cancellation buybacks [2][6]. - Xinhe Co., Ltd. (003016.SZ) canceled 8 million shares, accounting for 1.867% of its total shares, with a total repurchase amount of approximately 69.92 million yuan [8]. Group 2: Market Implications - Cancellation buybacks are expected to reduce total share capital, potentially increasing earnings per share (EPS) without a change in net profit, thereby enhancing stock investment value [2][11]. - The trend of cancellation buybacks is seen as a response to policy guidance, market logic, and corporate demands, indicating a shift towards shareholder value [2][11]. Group 3: Financial Considerations - Ninebot Company stated that the cancellation will not affect its debt repayment ability or financial status significantly [4]. - The overall market environment, including the scarcity of quality assets and heightened investor demands for returns, is driving companies to focus on enhancing shareholder value [11][13]. - Concerns exist regarding the sustainability of EPS increases if underlying business fundamentals do not improve alongside buybacks [13].

9月17日，第22届中国—东盟博览会暨中国—东盟商务与投资峰会在广西南宁市隆重召开。在本次博览 会同期举办的中国—东盟人工智能安全前沿论坛上，广西人工智能安全研究院暨奇安信中国—东盟人工 智能安全研究院首次亮相，同时奇安信大模型安全护栏新品正式对外发布。本次亮相的人工智能安全研 究院聚焦三个方向：一是立足人工智能场景开展"数网智"安全技术创新；二是推动人工智能安全规范互 认互通；三是打造人工智能安全人才交流与培育平台，最终形成我国面向海外开展网络安全业务的龙头 品牌。而大模型安全护栏以"守护智能未来，构建可信AI"为核心理念，无需客户改造大模型，即可提供 全链路安全防护，从而帮助千行百业的大模型应用筑牢安全屏障，推动AI技术在安全、可控、可信、 合规的前提下释放真正价值，为中国和东盟国家的数智化发展保驾护航。（奇安信集团） ...

活动现场举行了网络安全主题展览，公布了2025年山东省网络安全微视频大赛获奖名单、第三批优 质网络安全宣传教育阵地名单和山东省个人信息保护优秀案例，奇安信集团董事长齐向东作大会演讲。 9月15日上午，2025年国家网络安全宣传周山东省活动在菏泽启动。山东省活动以"网络安全为人民 网络安全靠人民——以高水平安全守护高质量发展"为主题，由省委宣传部、省委网信办等部门联合主 办。 2025年国家网络安全宣传周山东省活动于9月15日至21日在全省范围内统一开展。活动期间将组织 数据安全政策宣讲、"泰山杯"网络安全大赛决赛、网络安全主题日、网络安全进基层等系列活动，提升 全社会网络安全意识和防护技能，筑牢网络安全屏障，共享清朗数字家园。（记者 董方舟） ...