证券代码：688590 证券简称：新致软件 公告编号：2026-006 转债代码：118021 转债简称：新致转债 上海新致软件股份有限公司 关于公司选举第四届董事会职工代表 董事的公告 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。 上海新致软件股份有限公司（以下简称"公司"、"新致软件"）于2025年12月 16日召开2025年第二次临 时股东大会，审议通过了《关于取消监事会、变更公司注册资本、增加公司经营范围、修订〈公司章 程〉并办理工商变更登记的议案》《关于修订公司部分治理制度的议案》。修订后的《上海新致软件股 份有限公司章程》（以下简称"《公司章程》"）已于2025年12月16日起生效。 根据修订后的《公司章程》《董事会议事规则》的规定，公司第四届董事会由七名董事组成，其中职工 代表董事一名；职工代表董事通过职工代表大会、职工大会或者其他形式民主选举产生，无需提交股东 会审议。 公司于2026年1月27日召开职工代表大会，选举耿琦先生为公司第四届董事会职工代表董事，任期自本 次职工代表大会审议通过之日起至第四届董 ...

Investment Rating - The report rates the computer industry as "Overweight," indicating that the industry is expected to outperform the overall market [9]. Core Insights - Clawdbot signifies a transition in AI product forms from "scene-level assistants" to "system-level Agent platforms," emphasizing comprehensive execution capabilities across tools and systems [3]. - The evolution of Agents is marked by a clear path from Skills to Claude Excel and Clawdbot, shifting market focus from model parameters to the ability to execute complex tasks and integrate external tools [3]. - Clawdbot's revolutionary aspect lies in its ability to understand high-level user intentions and autonomously break them down into ordered steps, enhancing automation in complex workflows [3]. - The deployment of system-level Agents faces challenges such as high complexity in enterprise deployment, data security concerns, and the need for improved stability and traceability across systems [3]. - The acceleration of Agent deployment does not imply the replacement of traditional software but rather positions Agents as intelligent interaction and automation hubs, enhancing overall efficiency [3]. Summary by Sections AI Application Key Companies Valuation - The report includes a valuation table for key AI application companies, detailing their market capitalization and projected net profits for 2024 to 2027, with notable companies such as Kingsoft Office, Yonyou Network, and Zhongkong Technology [4].

（编辑 丛可心） 证券日报网讯 1月27日，新致软件发布公告称，公司于2026年1月27日召开职工代表大会，选举耿琦先 生为公司第四届董事会职工代表董事，任期自本次职工代表大会审议通过之日起至第四届董事会任期届 满之日止。 ...

根据修订后的《公司章程》《董事会议事规则》的规定，公司第四届董事会由七 名董事组成，其中职工代表董事一名；职工代表董事通过职工代表大会、职工大会或 者其他形式民主选举产生，无需提交股东会审议。 公司于 2026 年 1 月 27 日召开职工代表大会，选举耿琦先生为公司第四届董事会 职工代表董事，任期自本次职工代表大会审议通过之日起至第四届董事会任期届满之 日止。耿琦先生的简历详见附件。 特此公告。 上海新致软件股份有限公司董事会 2026 年 1 月 28 日 | 证券代码：688590 | 证券简称：新致软件 | 公告编号：2026-006 | | --- | --- | --- | | 转债代码：118021 | 转债简称：新致转债 | | 上海新致软件股份有限公司 关于公司选举第四届董事会职工代表董事的公告 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。 上海新致软件股份有限公司（以下简称"公司"、"新致软件"）于 2025 年 12 月 16 日召开 2025 年第二次临时股东大会，审议通过了《关于取消监事会、变更 ...

证券代码：688590 证券简称：新致软件 公告编号：2026-005 上海新致软件股份有限公司 2026年第一次临时股东会决议公告 本公司董事会及全体董事保证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： 本次会议是否有被否决议案：无 （三） 出席会议的普通股股东、特别表决权股东、恢复表决权的优先股股东及 其持有表决权数量的情况： | 1、出席会议的股东和代理人人数 | 113 | | --- | --- | | 普通股股东人数 | 113 | | 2、出席会议的股东所持有的表决权数量 | 84,140,854 | | 普通股股东所持有表决权数量 | 84,140,854 | | 3、出席会议的股东所持有表决权数量占公司表决权数量的比 | 32.0773 | | 例（%） | | | 普通股股东所持有表决权数量占公司表决权数量的比例（%） | 32.0773 | 一、 会议召开和出席情况 （四） 表决方式是否符合《公司法》及公司章程的规定，股东会主持情况等 （一） 股东会召开的时间：2026 年 1 月 27 日 （二） 股东会召开 ...

上海市锦天城律师事务所 关于上海新致软件股份有限公司 2026 年第一次临时股东会的 法律意见书 上海市锦天城律师事务所 关于上海新致软件股份有限公司 2026 年第一次临时股东会的 法律意见书 致：上海新致软件股份有限公司 上海市锦天城律师事务所（以下简称"本所"）接受上海新致软件股份有限公 司（以下简称"公司"）委托，就公司召开 2026 年第一次临时股东会（以下简称"本 次股东会"）的有关事宜，根据《中华人民共和国公司法》（以下简称《公司法》） 《上市公司股东会规则》等法律、法规和其他规范性文件以及《上海新致软件股 份有限公司章程》（以下简称《公司章程》）的有关规定，出具本法律意见书。 地址：上海市浦东新区银城中路 501 号上海中心大厦 9/11/12 层 电话：021-20511000 传真：021-20511999 邮编：200120 上海市锦天城律师事务所 法律意见书 为出具本法律意见书，本所律师对本次股东会所涉及的相关事项进行了必要 的核查和验证，审查了本所律师认为出具本法律意见书所需审查的相关文件、资 料。 鉴此，本所律师根据上述法律、法规及规范性文件的要求，按照律师行业公 认的业务标准、道 ...

Investment Rating - The report maintains a positive outlook on the industry, specifically highlighting the potential for effective control of AI model hallucinations by 2026 [2]. Core Insights - The report emphasizes that while hallucinations in AI models are inevitable, advancements in algorithms, data quality, and engineering practices can significantly reduce their occurrence. The top 25 global models have achieved a hallucination rate below 8% [5][6]. - The report identifies three key areas for investment: mature AI applications, marketing AI that is less sensitive to hallucinations, and data plus AI infrastructure [6]. Summary by Sections 1. Hallucinations - The Lower Bound of Model Capability - The report defines hallucinations as overconfident errors produced by language models, which can include fabrications, factual inaccuracies, contextual misunderstandings, and logical fallacies. For instance, GPT-3.5 had a hallucination rate of approximately 40%, while GPT-4's rate was 28.6% [14][15]. 2. Sources of Hallucinations - Hallucinations arise from several factors, including model architecture, toxic data, lack of accuracy in reward objectives, and context window limitations. Addressing these factors is crucial for controlling hallucinations [7][8]. 3. Reducing Hallucinations: From Models, Data, Engineering, and Agents - The report discusses various strategies to mitigate hallucinations, such as using larger training datasets, extending context windows, and incorporating human feedback through reinforcement learning (RLHF) [25][26]. - Engineering practices like Retrieval-Augmented Generation (RAG) are becoming standard, with Gartner predicting a 68% adoption rate by 2025 [56][57]. 4. 2B Application Penetration and Evolution - The report notes that the control of hallucinations in mainstream models has made significant progress, with the top 25 models in the Vectara HHEM ranking achieving hallucination rates below 8%. For example, the Finix model developed by Ant Group has a hallucination rate of only 1.8% [72].

2026 年 1 月 27 日 1 / 6 证券代码：688590 证券简称：新致软件 上海新致软件股份有限公司 2026 年第一次临时股东会 会议资料 | 股东会须知 . | | --- | | 股东会议程 ………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………… 5 | 股东会须知 为了维护全体股东的合法权益，确保股东会的正常秩序和议事效率，保证会议的 顺利进行，根据《中华人民共和国公司法》（以下简称"《公司法》"）《中华人民共和 国证券法》（以下简称"《证券法》"）《上市公司股东会规则》以及《上海新致软件股 份有限公司章程》（以下简称"《公司章程》"）《上海新致软件股份有限公司股东会议 事规则》等相关规定，特制定本须知： 一、为保证本次会议的严肃性和正常秩序，切实维护与会股东（或股东代理人） 的合法权益，除出席会议的股东（或股东代理人）、公司董事、高级管理人员、见证 律师及董事会邀请的人员外，公司有权依法拒绝其他无关人员进入会场。为确认出席 会议的股 ...

Group 1: Space and Aerospace Industry - Shenzhou 20 spacecraft successfully landed, confirming the mission's success, while Shenzhou 23 has arrived at the launch center [1] - Beijing's Fengtai District aims to exceed a trillion yuan in industrial scale by 2030, focusing on aerospace and other key sectors [2] - York Space Systems plans to raise $512 million through an IPO, pricing shares between $30 and $34, with a listing on the NYSE under the ticker "YSS" [3] - Guojin Securities recommends attention to companies involved in 3D printing for commercial aerospace, highlighting its potential as a final processing solution [4] Group 2: Economic and Industrial Growth - By 2025, China's annual production and sales of new energy vehicles are expected to surpass 16 million units, reflecting growth in the clean energy sector [6] - China's GDP is projected to exceed 140 trillion yuan in 2025, with a growth rate of 5.0%, driven by various industrial sectors [7] - The high-tech manufacturing sector is anticipated to grow by 9.4% in 2025, with significant contributions from industries like integrated circuits and aircraft manufacturing [8] Group 3: Financial Market Developments - The number of private equity firms with over 10 billion yuan in assets has reached 114, with new entrants and some exits in the sector [5] - The A-share market has seen a record high of 222 stocks priced over 100 yuan, indicating a concentration of technology companies among the top performers [9] Group 4: Green Energy Initiatives - Five government departments have issued guidelines to accelerate the transition to a green and low-carbon energy structure, promoting zero-carbon factories and renewable energy utilization [9]

Market Performance - The internet insurance sector declined by 1.50%, ranking among the top losers in the concept sector, with major declines seen in companies like Focus Technology, iFlytek, and Weining Health [1] - Among the concept sectors, flexible DC transmission led with a gain of 5.14%, while WiFi 6 saw a decline of 1.79% [1] Fund Flow Analysis - The internet insurance sector experienced a net outflow of 2.237 billion yuan, with 12 stocks seeing net outflows, and 5 stocks exceeding 50 million yuan in outflows [1] - The largest net outflow was from Dongfang Caifu, totaling 1.168 billion yuan, followed by iFlytek, Weining Health, and New China Life with outflows of 716 million yuan, 215 million yuan, and 121 million yuan respectively [1] - Conversely, the stocks with the highest net inflows included China Ping An, China Life, and Tianli Technology, with inflows of 136 million yuan, 18.72 million yuan, and 13.16 million yuan respectively [1] Individual Stock Performance - Dongfang Caifu saw a decline of 1.63% with a turnover rate of 2.24% and a net outflow of approximately 1.168 billion yuan [2] - iFlytek dropped by 4.16% with a turnover rate of 6.81% and a net outflow of about 715 million yuan [2] - Weining Health decreased by 3.64% with a turnover rate of 9.46% and a net outflow of approximately 214 million yuan [2] - New China Life fell by 1.68% with a turnover rate of 1.15% and a net outflow of about 121 million yuan [2] - Seven Wolves increased by 1.76% with a net inflow of approximately 1.225 million yuan [3] - Tianli Technology rose by 0.97% with a net inflow of about 1.316 million yuan [3] - China Life remained stable at 0.00% with a net inflow of approximately 18.72 million yuan [3] - China Ping An slightly decreased by 0.05% with a significant net inflow of approximately 1.361 billion yuan [3]