Summary of Key Points Core Viewpoint - In 2023, a total of 8 companies have issued new shares on the Sci-Tech Innovation Board, raising a cumulative amount of 10.5 billion yuan, with an average fundraising of 1.313 billion yuan per company [1][2]. Fundraising Overview - The fundraising amounts are categorized as follows: 4 companies raised over 1 billion yuan, 3 companies raised between 500 million yuan and 1 billion yuan, and 1 company raised less than 500 million yuan [1]. - The company with the highest fundraising is He Yuan Biological, which raised 2.599 billion yuan primarily for the construction of a plant-based recombinant human serum albumin industrialization base, working capital, and new drug research and development [1]. - Following He Yuan Biological, Yitang Co., Ltd. raised 2.497 billion yuan for technology reserve funds and semiconductor high-end integrated circuit equipment R&D projects [1]. Issuance Price and Valuation - The average issuance price of the newly listed Sci-Tech Innovation Board stocks is 22.64 yuan, with the highest being 47.27 yuan for Yingshi Innovation [2]. - The issuance price for He Yuan Biological and Sikan Technology is 29.06 yuan and 33.46 yuan, respectively, while Yitang Co., Ltd. has the lowest issuance price at 8.45 yuan [1][2]. Price-to-Earnings Ratio - The issued companies have a price-to-earnings (P/E) ratio ranging from 6.14 to 51.55, with an average of 30.03 and a median of 26.35 [2]. - Yitang Co., Ltd. has the highest P/E ratio at 51.55, while five companies, including Yingshi Innovation and Sikan Technology, have P/E ratios below the industry average [2]. Regional Distribution - The newly issued companies are primarily located in Beijing, Jiangsu, and Hubei, each having 2 companies [2]. - The regions with the highest fundraising amounts are Hubei (3.767 billion yuan), Beijing (3.359 billion yuan), and Guangdong (1.938 billion yuan) [2].

Group 1 - The core point of the news is that Sikan Technology has experienced a significant decline in its stock price, dropping 5.01% on October 13, with a total market value of 7.876 billion yuan and a cumulative decline of 7.04% over the past five days [1] - Sikan Technology, established on March 23, 2015, specializes in the research, production, and sales of 3D visual digital products and systems, with 95.55% of its revenue coming from these products [1] - The company's stock has a trading volume of 78.6138 million yuan and a turnover rate of 4.92% as of the latest report [1] Group 2 - From the perspective of fund holdings, the Caifeng Fund has a significant position in Sikan Technology, with its Caifeng Furu Mixed Fund A (501028) holding 45,900 shares, representing 2.35% of the fund's net value [2] - The fund has incurred a floating loss of approximately 215,900 yuan today and a total floating loss of 326,200 yuan during the five-day decline [2] - The Caifeng Furu Mixed Fund A was established on November 22, 2016, with a current scale of 64.5319 million yuan and a year-to-date return of 11.04% [2] Group 3 - The fund manager of Caifeng Furu Mixed Fund A is Gu Hongyuan, who has been in the position for 4 years and 142 days, with the fund's total asset size at 484 million yuan [3] - During Gu Hongyuan's tenure, the best fund return was 48.61%, while the worst return was -23.03% [3]

Investment Rating - The report maintains a positive outlook for the computer industry, expecting a continued "scissor difference" in Q3 2025, indicating structural growth despite varying performance among companies [3][4][11]. Core Insights - The report predicts that 22% of the tracked companies will see net profit growth exceeding 50%, with notable performers including 深信服 (1528%), 卡莱特 (998%), and 新国都 (235%) [4][5]. - The report highlights a trend of cost reduction through layoffs and non-essential cost cuts, leading to improved efficiency and profitability across the industry [3][4]. - The report identifies key investment targets in various segments, including AIGC, digital economy leaders, and data innovation [3][4]. Summary by Sections Q3 2025 Performance Forecast - Among 54 tracked companies, 11 are expected to exceed 50% profit growth, while 9 will see growth between 30%-50% [4][5]. - 36% of companies are projected to have growth between 0%-30%, and 22% are expected to experience a decline [5][6]. Key Company Performances - 深信服 is projected to achieve a staggering 1528% profit growth, while 卡莱特 is expected to see 998% growth [4][5]. - Companies like 海康威视 and 金山办公 are expected to maintain stable growth rates of around 9% and 15%, respectively [8][10]. - 联想集团 is forecasted to face a significant decline of 99% in profit, indicating challenges in its operational strategy [6][10]. Investment Targets - The report categorizes investment targets into four segments: AIGC, digital economy leaders, data innovation, and AIGC computing power [3][4]. - Notable companies in the AIGC segment include 金山办公 and 道通科技, while 海光信息 and 软通动力 are highlighted in the data innovation category [3][4].

证券代码：688583 证券简称：思看科技 公告编号：2025-037 思看科技(杭州)股份有限公司 关于召开 2025 年半年度业绩暨现金分红说明会的公告 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： 投资者可于 2025 年 10 月 10 日（星期五）至 10 月 16 日（星期四）16:00 前登 录 上 证 路 演 中 心 网 站 首 页 点 击 " 提 问 预 征 集 " 栏 目 或 通 过 公 司 邮 箱 dongshiban@3d-scantech.com 进行提问。公司将在说明会上，在信息披露允许的 范围内对投资者普遍关注的问题进行回答。 思看科技(杭州)股份有限公司（以下简称"公司"）已于 2025 年 8 月 28 日 发布公司 2025 年半年度报告，为便于广大投资者更全面深入地了解公司 2025 年半年度经营成果、财务状况，公司计划于 2025 年 10 月 17 日（星期五） 13:00-14:00 举行 2025 年半年度业绩暨现金分红说明会，就投资者关心的问题进 行交流。 ...

Core Viewpoint - SiKan Technology experienced a 1.80% decline in stock price on September 29, with a trading volume of 80.56 million yuan, indicating market volatility and investor sentiment towards the company [1]. Financing and Trading Data - On September 29, SiKan Technology had a financing buy-in amount of 14.54 million yuan and a financing repayment of 11.84 million yuan, resulting in a net financing buy of 2.70 million yuan. The total financing and securities balance reached 121 million yuan, accounting for 6.94% of the circulating market value [1]. - The company had no short selling activity on the same day, with zero shares sold or repaid, indicating a lack of bearish sentiment among investors [1]. Company Overview - SiKan Technology, established on March 23, 2015, is located in Hangzhou, Zhejiang Province. The company specializes in the research, development, production, and sales of 3D visual digital products and systems, with 95.55% of its revenue coming from these products and 4.45% from supporting products and services [1]. Financial Performance - For the first half of 2025, SiKan Technology reported a revenue of 177 million yuan, representing a year-on-year growth of 17.70%. The net profit attributable to shareholders was 54.01 million yuan, reflecting a modest increase of 2.06% compared to the previous year [2]. Shareholder and Institutional Holdings - As of June 30, 2025, the number of shareholders increased to 7,710, with an average of 2,154 circulating shares per person, a decrease of 0.74% [2]. - The company has distributed a total of 37.40 million yuan in dividends since its A-share listing [3]. - Notable institutional investors include BlackRock China New Horizons Mixed Fund, which is the second-largest shareholder with 300,000 shares, and several new institutional shareholders have entered the top ten list, indicating growing institutional interest [3].

中信证券股份有限公司 关于思看科技（杭州）股份有限公司 2025 年半年度持续督导跟踪报告 中信证券股份有限公司（以下简称"中信证券"或"保荐人"）作为思看科 技（杭州）股份有限公司（以下简称"思看科技"或"公司"或"上市公司"） 首次公开发行股票并在科创板上市的保荐人，根据《证券发行上市保荐业务管理 办法》、《上海证券交易所科创板股票上市规则》等相关规定，中信证券履行持 续督导职责，并出具本持续督导半年度跟踪报告。 一、持续督导工作概述 1、保荐人制定了持续督导工作制度，制定了相应的工作计划，明确了现场 检查的工作要求。 2、保荐人已与公司签订保荐协议，该协议已明确了双方在持续督导期间的 权利义务，并报上海证券交易所备案。 3、本持续督导期间，保荐人通过与公司的日常沟通、现场回访等方式开展 持续督导工作，并于 2025 年 8 月 8 日对公司进行了现场检查。 4、本持续督导期间，保荐人根据相关法规和规范性文件的要求履行持续督 导职责，具体内容包括： （1）查阅公司章程、三会议事规则等公司治理制度、三会会议材料； （2）查阅公司财务管理、会计核算和内部审计等内部控制制度； （3）查阅公司与控股股东、实际控制 ...

Core Viewpoint - SiKan Technology's stock price increased by 0.59% on September 12, with a trading volume of 130 million yuan, indicating positive market sentiment towards the company [1]. Financing Summary - On September 12, SiKan Technology had a financing buy-in amount of 14.0592 million yuan, with a net financing buy of 2.2138 million yuan after 11.8454 million yuan in financing repayment [1][2]. - The current financing balance stands at 130 million yuan, accounting for 7.35% of the circulating market value [2]. Company Overview - SiKan Technology, established on March 23, 2015, is located in Hangzhou, Zhejiang Province, and specializes in the research, production, and sales of 3D visual digital products and systems [2]. - The company's main business revenue composition is 95.55% from 3D visual digital products and 4.45% from supporting products and services [2]. Financial Performance - For the period from January to June 2025, SiKan Technology achieved a revenue of 177 million yuan, representing a year-on-year growth of 17.7%, while the net profit attributable to shareholders was 54.0077 million yuan, up by 2.06% year-on-year [2]. Shareholder Information - As of June 30, 2025, SiKan Technology had 7,710 shareholders, an increase of 0.74% from the previous period, with an average of 2,154 circulating shares per person, a decrease of 0.74% [2]. - The company has distributed a total of 37.4 million yuan in dividends since its A-share listing [3]. Institutional Holdings - As of June 30, 2025, notable institutional shareholders include BlackRock China New Horizons Mixed A, which is the second-largest shareholder with 300,000 shares, and several new institutional investors have entered the top ten shareholders list [3].

9月8日，思看科技涨0.09%，成交额1.02亿元。两融数据显示，当日思看科技获融资买入额1508.31万 元，融资偿还2378.34万元，融资净买入-870.03万元。截至9月8日，思看科技融资融券余额合计1.34亿 元。 分红方面，思看科技A股上市后累计派现3740.00万元。 融资方面，思看科技当日融资买入1508.31万元。当前融资余额1.34亿元，占流通市值的7.50%。 机构持仓方面，截止2025年6月30日，思看科技十大流通股东中，贝莱德中国新视野混合A（013426） 位居第二大流通股东，持股30.00万股，为新进股东。平安先进制造主题股票发起A（019457）位居第三 大流通股东，持股27.51万股，相比上期增加8.19万股。长江智能制造混合型发起式A（014339）位居第 四大流通股东，持股22.89万股，为新进股东。华夏稳增混合（519029）位居第六大流通股东，持股 20.87万股，为新进股东。易方达竞争优势企业混合A（010198）位居第七大流通股东，持股18.44万 股，为新进股东。华安文体健康灵活配置混合A（001532）位居第九大流通股东，持股16.93万股，为新 进股东。平安 ...

Company Overview - Sikan Technology Co., Ltd. is located in Yuhang District, Hangzhou, Zhejiang Province, and was established on March 23, 2015. The company specializes in the research, production, and sales of 3D visual digital products and systems, with 95.55% of its revenue coming from these products and 4.45% from supporting products and services [1][2]. Stock Performance - As of September 8, Sikan Technology's stock price was 98.80 CNY per share, with a market capitalization of 8.734 billion CNY. The stock has increased by 29.15% year-to-date but has seen a decline of 13.01% over the last five trading days [1]. - The company has appeared on the "Dragon and Tiger List" four times this year, with the most recent instance on February 6, where it recorded a net purchase of 84.05 million CNY [1]. Financial Performance - For the first half of 2025, Sikan Technology reported a revenue of 177 million CNY, representing a year-on-year growth of 17.70%. The net profit attributable to shareholders was 54.01 million CNY, reflecting a growth of 2.06% compared to the previous year [2][3]. Shareholder Information - As of June 30, 2025, the number of shareholders was 7,710, an increase of 0.74% from the previous period. The average number of circulating shares per shareholder decreased by 0.74% to 2,154 shares [2]. - Notable institutional shareholders include BlackRock China New Horizons Mixed Fund, which is the second-largest shareholder with 300,000 shares, and several new entrants among the top ten shareholders [3]. Dividend Information - Since its A-share listing, Sikan Technology has distributed a total of 37.4 million CNY in dividends [3].

Investment Rating - The report maintains a "Strong Buy" rating for the company, expecting it to outperform the benchmark index by over 20% in the next six months [6][16]. Core Views - The company has achieved a revenue of 177 million yuan in H1 2025, representing a year-on-year increase of 17.7%. The net profit attributable to shareholders is 54 million yuan, up 2.06% year-on-year, while the net profit after deducting non-recurring items is 47 million yuan, down 2.93% year-on-year [1][6]. - The company is expanding its overseas market presence, with foreign revenue growing over 60% year-on-year in H1 2025. It has established subsidiaries in Germany and the USA to effectively cover mature markets [6][7]. - The establishment of the 3DeVOK division at the beginning of 2025 marks a dual-track development strategy focusing on both industrial and consumer-grade products. The revenue from professional-grade 3D visual digital products has increased by 100.97% year-on-year in H1 2025 [6][7]. - The company is actively investing in R&D, with a significant increase in personnel and expenses, particularly for the major updates of its DefinSight software and the development of new industrial-grade products [6][7]. Financial Summary - For H1 2025, the company reported a gross margin of 74.52% and a net margin of 30.54%, with slight declines of 0.91 percentage points and 4.68 percentage points year-on-year, respectively [6][7]. - The projected revenues for 2025-2027 are 421 million yuan, 534 million yuan, and 677 million yuan, with year-on-year growth rates of 26.5%, 26.9%, and 26.8%, respectively. The net profit attributable to shareholders is expected to be 144 million yuan, 173 million yuan, and 209 million yuan for the same period, with growth rates of 19.6%, 19.8%, and 20.8% [6][7][8].