Core Viewpoint - The document discusses the supplementary legal opinion regarding the issuance of A-shares by Zhongke Xingtou Co., Ltd. to specific investors in 2025, focusing on compliance with relevant laws and the necessity of the fundraising projects [3][4]. Group 1: Fundraising Projects - The total amount of funds to be raised from the issuance will not exceed RMB 1 billion, allocated for the construction of three main projects: the Flight Service Digital Infrastructure Platform, the Xingtou Luoshu Defense and Public Safety Big Data Intelligent Analysis Platform, and supplementary working capital [6][7]. - The company’s business includes data services, primarily selling data products processed from raw data using self-developed software [6][7]. - As of December 31, 2024, the funds raised from the company's initial public offering in 2020 and the specific issuance in 2021 have not been fully utilized [6][7]. Group 2: Compliance and Legal Assurance - The supplementary legal opinion confirms that the company has conducted thorough investigations and discussions to ensure compliance with relevant laws, including the Personal Information Protection Law, Data Security Law, and Cybersecurity Law [9][12]. - The company has obtained necessary business qualifications for the implementation of the fundraising projects, ensuring no violations in data procurement or services [9][12]. - The company has committed to taking measures to ensure that its data procurement and service operations comply with applicable laws and regulations [11][12]. Group 3: Project Implementation and Data Procurement - The projects have not yet provided data services to third parties, with only the Xingtou Cloud Project having conducted two preliminary data procurements [8][13]. - The data procurement for the Xingtou Cloud Project is legally compliant, with contracts ensuring that the supplier has the necessary qualifications and that the data provided does not violate any laws [8][13]. - The company has outlined specific data procurement and service content for each project, focusing on high-quality data sets and comprehensive services across various industries [8][9].

Core Viewpoint - Company has received an inquiry letter from the Shanghai Stock Exchange regarding its application for a specific issuance of A-shares, indicating ongoing regulatory scrutiny and the need for compliance with approval processes [1][2]. Group 1 - Company has received the inquiry letter on May 19, 2025, from the Shanghai Stock Exchange concerning its application for issuing A-shares to specific investors [1]. - The company, along with relevant intermediaries, has conducted thorough research and provided detailed responses to the questions raised in the inquiry letter [2]. - The issuance of A-shares is subject to approval from the Shanghai Stock Exchange and the China Securities Regulatory Commission, with uncertainties regarding the approval timeline [2].

北京市建国门北大街 8 号华润大厦 20 层 邮编：100005 电话：(86-10) 8519-1300 传真：(86-10) 8519-1350 junhebj@junhe.com 北京市君合律师事务所 关于中科星图股份有限公司 2025年度向特定对象发行A股股票之 补充法律意见书（一） 二零二五年六月 | 北京总部 | 电话: | (86-10) | 8519-1300 | 上海分所 | 电话: | (86-21) 5298-5488 | 广州分所 | 电话: | (86-20) 2805-9088 | 深圳分所 | 电话: | (86-755) 2939-5288 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | 传真: | (86-10) | 8519-1350 | | 传真: | (86-21) 5298-5492 | | 传真: | (86-20) 2805-9099 | | 传真: | (86-755) 2939-5289 | | 杭州分所 | 电话: | (86-571) ...

证券代码：688568 证券简称：中科星图 关于中科星图股份有限公司 向特定对象发行股票 申请文件的审核问询函的回复 保荐机构（主承销商） （北京市朝阳区安立路 66 号 4 号楼） 二〇二五年六月 上海证券交易所： 贵所下发的《关于中科星图股份有限公司向特定对象发行股票申请文件的审 核问询函》（上证科审（再融资）〔2025〕53 号）（以下简称"审核问询函" 或"问询函"）已于 2025 年 5 月 19 日收悉。中科星图股份有限公司（以下简称 "中科星图"、"发行人"或"公司"）会同中信建投证券股份有限公司（以下 简称"中信建投证券"或"保荐机构"）、北京市君合律师事务所（以下简称"发 行人律师"）、立信会计师事务所（特殊普通合伙）（以下简称"申报会计师"） 等相关方对审核问询函所列示问题进行了逐项落实、核查，现予回复。 关于回复内容释义、格式等事项的说明： 1、如无特殊说明，本回复中使用的简称或名词释义与募集说明书中的释义 相同； 2、本回复中可能存在个别数据加总后与相关汇总数据存在尾差，均系数据 计算时四舍五入造成； 3、本审核问询函回复中的字体代表以下含义： | 格式 | 说明 | | --- | ...

关于中科星图股份有限公司 向特定对象发行股票 申请文件的审核问询函的回复 信会师报字[2025]第 ZG12644 号 上海证券交易所： 贵所下发的《关于中科星图股份有限公司向特定对象发行股票申请文件的审 核问询函》（上证科审（再融资）〔2025〕53 号）（以下简称"审核问询函" 或"问询函"）已于 2025 年 5 月 19 日收悉。立信会计师事务所（特殊普通合伙） （以下简称"会计师"或"我们"）对审核问询函所列示问题进行了逐项落实、 核查，现予回复。 1、如无特殊说明，本回复中使用的简称或名词释义与募集说明书中的释义 相同； 2、本回复中可能存在个别数据加总后与相关汇总数据存在尾差，均系数据 计算时四舍五入造成； | 格式 | 说明 | | --- | --- | | 黑体（不加粗） | 问询函所列问题 | | 宋体（不加粗） | 对问询函所列问题的回复 | 3、本审核问询函回复中的字体代表以下含义： 7-2-1 | | | 问题 1、关于募投项目 根据申报材料，1）本次向特定对象发行股票募集资金总额不超过人民币 250,000.00 万元，投向星图云空天信息云平台建设项目、星图低空云低空监管 与飞行 ...

证券代码：688568 证券简称：中科星图 公告编号：2025-042 中科星图股份有限公司 关于向特定对象发行 A 股股票申请文件的 公司收到《审核问询函》后，按照要求会同相关中介机构就《审核问询函》 中提出的问题进行了认真研究和逐项落实，并对有关问题逐项进行了说明和回复， 具体内容详见公司于同日在上交所网站（www.sse.com.cn）披露的《关于中科星 图股份有限公司向特定对象发行股票申请文件的审核问询函的回复》等相关文件。 公司本次向特定对象发行 A 股股票事项尚需经上交所审核，并获得中国证 券监督管理委员会（以下简称"中国证监会"）同意注册的决定后方可实施，最 终能否通过上交所审核并获得中国证监会同意注册的决定及其时间尚存在不确 定性。 公司将根据该事项的进展情况及时履行信息披露义务，敬请广大投资者注意 投资风险。 特此公告。 中科星图股份有限公司董事会 2025 年 6 月 28 日 1 审核问询函回复的提示性公告 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。 中科星图股份有限公司（以下简称"公司"）于 2 ...

Group 1 - The core point of the article is that Zhongke Xingtou's military procurement qualification has been restored, allowing the company to participate in military material engineering service procurement activities, which is expected to have a positive impact on its normal operations and development [2] - The company faced a suspension of its military procurement qualification due to alleged violations related to a specific project, which led to a significant drop in its stock price [2] - Despite the suspension, the company stated that it did not have a major adverse impact on its operating performance [2] Group 2 - The company is focusing on the commercial aerospace, low-altitude economy, and digital economy markets, aiming to enhance its aerospace information technology innovation and ecosystem [3] - The strategic transition involves moving from high-speed growth to high-quality development through a comprehensive approach that includes strengthening capabilities and expanding into the aerospace industry [3] Group 3 - Since its listing, Zhongke Xingtou has experienced continuous growth in net profit attributable to shareholders, with double-digit growth for seven consecutive years from 2017 to 2023 [4] - In 2024, the growth rate of net profit is expected to slow down to 2.67%, while the first quarter of this year saw a significant year-on-year increase of 971% in net profit, reaching 20.77 million yuan, although it experienced a quarter-on-quarter decline of 89.92% [4]

Market Overview - Federal Reserve Chairman Jerome Powell anticipates significant inflationary pressures, overshadowing optimistic sentiments from Trump's comments on Iran negotiations, leading to a slight decline in major U.S. stock indices [1] - The S&P 500 index closed down 0.03%, the Dow Jones down 0.10%, while the Nasdaq rose 0.13% [1] - Technology stocks led the gains in the U.S. market, with banks benefiting from proposed easing of capital regulations on U.S. Treasury transactions [1] - Circle, the first stablecoin company, surged over 34% following the U.S. Senate's passage of a stablecoin regulatory framework [1] Commodity and Financial Markets - Gold prices fell over 1% from intraday highs, while platinum reached an eleven-year high [3] - Oil prices experienced volatility, declining after Trump expressed a desire to avoid U.S. involvement in Middle Eastern conflicts [3] AI and Technology Developments - OpenAI has initiated a price war by discounting its ChatGPT enterprise version, putting Microsoft in a reactive position [4] - Sam Altman, in a recent interview, discussed the potential of AI to discover new sciences and the future prevalence of AI companions and humanoid robots [5] Regulatory and Policy Updates - The Central Financial Committee of China issued opinions to support the development of Shanghai as an international financial center, emphasizing the use of blockchain in supply chain finance [8] - The China Securities Regulatory Commission released guidelines to enhance the inclusivity of the Sci-Tech Innovation Board [8] Industry Insights - Goldman Sachs predicts a boom in China's AI/AR glasses market, projecting sales to reach 7 million units by 2030 [7] - The Ministry of Industry and Information Technology of China aims for over 70% digitalization in key business processes of large textile enterprises by 2027 [9] Stock Market Highlights - Circle's market capitalization reached approximately $44.4 billion (around 320 billion RMB) after a significant price increase [15] - The price of platinum has risen over 60 CNY per gram in the past month, with a nearly 30% increase [16][17] - DRAM prices saw a significant increase, with DDR4 experiencing a 53% rise in May, the largest increase since 2017 [18][19]

证券代码：688568 证券简称：中科星图 公告编号：2025-041 中科星图股份有限公司 关于恢复军队物资工程服务采购活动的公告 二、关于公司被恢复采购资格的情况 2025 年 6 月 18 日，军采网已经解除公司的暂停事项，恢复公司参加军队物 资工程服务采购活动的资格。 三、对公司的影响及风险提示 暂停期间，公司未能参加军队物资工程服务采购活动，该情况未对公司经营 业绩产生重大不利影响。 资格恢复后，公司可全面参与军队物资工程服务采购活动，将为公司正常经 营和发展带来积极影响。 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、准确性和完整性承担法律责任。 中科星图股份有限公司（以下简称"公司"）于 2025 年 5 月 30 日在上海证 券交易所网站（www.sse.com.cn）披露了《中科星图股份有限公司关于暂停参加 军队物资工程服务采购活动的公告》（公告编号：2025-039）。公司已就该事项完 成了内部核查，经申诉等程序，2025 年 6 月 18 日，军队采购网（以下简称"军 采网"）已经解除公司的暂停事项，恢复公司参加军队物资工程服务采购 ...

Core Viewpoint - The company is actively enhancing its space-based innovation capabilities in response to the rapid development of China's commercial aerospace industry, focusing on satellite measurement and control technology [1] Group 1: Product Development - The company has developed the "Observer" intelligent measurement and control series products to meet the demand for intelligent satellite measurement and control [1] - The "Observer" products utilize core technologies such as high-precision orbit and attitude control calculations, intelligent planning and scheduling of measurement and control resources, and integrated design and intelligent management of measurement and control equipment [1] - The company has also created the "Sky Arrow" and "Sky Star" commercial aerospace comprehensive electronic system products, which are designed to support the high-frequency, reusable, and low-cost modular development of commercial satellites [1] Group 2: Technical Capabilities - The "Sky Arrow" series focuses on the new generation of commercial launch vehicles, providing end-to-end comprehensive measurement and communication services from signal perception to data processing [1] - The "Sky Star" series offers measurement, control, and communication system solutions covering the entire lifecycle of large-scale commercial satellite constellations [1] - To meet the demands of rapid production in commercial aerospace, the company provides automated ground testing systems for rockets and satellites, simulators, and various communication networking devices and systems [1]