长江证券承销保荐有限公司 关于上海新致软件股份有限公司 2024 年度向特定对象发行 A 股股票 之 发行保荐书 保荐机构（主承销商） 中国（上海）自由贸易试验区世纪大道 1198 号 28 层 二零二五年六月 上海新致软件股份有限公司 2024 年度向特定对象发行 A 股股票 发行保荐书 声 明 长江证券承销保荐有限公司（以下简称"本保荐机构"或"长江保荐"）接 受上海新致软件股份有限公司（以下简称"发行人"、"新致软件"或"公司"） 聘请，作为新致软件 2024 年度向特定对象发行 A 股股票项目（以下简称"本次 发行"）的保荐机构，就发行人本次发行出具本发行保荐书。 本保荐机构及保荐代表人根据《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》"）《证券发行上市保荐业 务管理办法》（以下简称"《保荐管理办法》"）《上市公司证券发行注册管理办法》 （以下简称"《注册管理办法》"）《上海证券交易所科创板股票上市规则》（以下 简称"《上市规则》"）《发行证券的公司信息披露内容与格式准则第 27 号——发 行保荐书和发行保荐工作报告》等有关法律、行政法规和中国证券监 ...

Core Viewpoint - The company has received a notification from the Shanghai Stock Exchange regarding the acceptance of its application for issuing securities on the Sci-Tech Innovation Board, indicating a step forward in its capital raising efforts [1] Group 1: Application Process - The Shanghai Stock Exchange has verified that the application documents submitted by the company are complete and comply with legal requirements, leading to the decision to accept the application for review [1] - The issuance of A-share stocks to specific investors is subject to approval from the Shanghai Stock Exchange and the China Securities Regulatory Commission, highlighting the regulatory steps involved [1] Group 2: Uncertainty and Disclosure - There is uncertainty regarding whether the application will be approved and the timeline for such approval, which could impact the company's plans [1] - The company commits to timely information disclosure based on the progress of the application process, ensuring transparency to stakeholders [1]

Industry Rating - The industry rating is maintained at "Outperform" [1] Core Insights - The report suggests that the years 2025-2026 are expected to mark the commercialization of AI Agents, driven by advancements in large model capabilities and the introduction of key players like OpenAI, Anthropic, Microsoft, and Google [2][3] - The total addressable market (TAM) for AI Agents is estimated at approximately 3.61 trillion yuan, with significant opportunities in vertical industries such as IT and finance [2][3] - AI Agents are projected to replace specific standardized roles in various sectors, with a focus on enhancing productivity and ROI for businesses [3][48] Summary by Sections Investment Rating - The report maintains a rating of "Outperform" for the industry [1] Market Potential - The total addressable market (TAM) for AI Agents is estimated at 3.61 trillion yuan, calculated based on total salary levels, replacement rates, and efficiency optimization [50][54] - The report highlights six core scenarios where AI Agents are expected to penetrate first, including coding, banking, human resources, legal, cybersecurity, and customer service [61][62] Key Industry Insights - AI Agents are anticipated to significantly impact the banking sector, with 54% of jobs having a high potential for automation, leading to an estimated TAM of 1774.32 billion yuan in this field [71][77] - In the coding sector, AI is expected to automate up to 99% of coding tasks by the end of 2025, with a TAM of approximately 4357.84 billion yuan [63][68] - The report emphasizes that AI Agents will first replace roles in high-salary, white-collar industries such as finance, IT, and law, where the ROI for AI implementation is more favorable [55][57] Company Recommendations - The report suggests monitoring companies involved in general office applications and enterprise SaaS, as well as those in vertical markets like banking, human resources, and cybersecurity [3][4]

| 证券代码：688590 | 证券简称：新致软件 | 公告编号：2025-033 | | --- | --- | --- | | 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"新致转债"可能满足赎回条件的提示性公告 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。 一、可转债发行上市概况 经中国证券监督管理委员会《关于同意上海新致软件股份有限公司向不特定 对象发行可转债注册的批复》（证监许可［2022］1632 号）同意注册，公司向 不特定对象共计发行 4,848,100 张可转换公司债券，每张面值为人民币 100 元， 按面值发行。本次发行可转债募集资金总额为人民币 48,481.00 万元。 经上海证券交易所自律监管决定书［2022］292 号文同意，公司 48,481.00 万元可转换公司债券已于 2022 年 11 月 2 日起在上海证券交易所挂牌交易，债券 简称"新致转债"，债券代码"118021"。 票面利率为第一年 0.5%，第二年 0.7%， 第三年 1.0%，第四 ...

邮编：200120 上海市锦天城律师事务所 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 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 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 2024 年年度股东大会（以下简称"本次 股东大会"）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。 为出具本法律意见书，本所律师对本次股东大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，并参加了公司本次股东大会现场会议的全过程。 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、道德规范和勤勉尽责精神，现出具法律意见如下： 一、本次股东大会的召集人资格及召集、召开程序 经核查，公司本次股东大会由公 ...

上海新致软件股份有限公司董事会 | 票数 | | | 票数 | | | 票数 | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | （%） | （%） | | | | （%） | | | 普通股 | 100,827,981 | 99.9436 | 28,324 | 0.0280 | 28,500 | 0.0284 | | | | （二） 涉及重大事项，应说明 | | | 5%以下股东的表决情况 | | | | | | | | | 同意 | | | 反对 | | 弃权 | | | 议案 | | | | | | | | | | 议案名称 | | | | | 比例 | | | 比例 | | 序号 | | 票数 | 比例（%） | | 票数 | | 票数 | | | | | | | | （%） | | | （%） | | 关 于公 司 | | | | | | | | | | 润分配预案 | | | | | | | | | | 的议案 | | | | | | | | | | 关于提请股 | | | | | | | | | | 东大会授权 ...

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 2024 年年度股东大会的 上海市锦天城律师事务所 法律意见书 法律意见书 上海市锦天城律师事务所 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 关于上海新致软件股份有限公司 为出具本法律意见书，本所律师对本次股东大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，并参加了公司本次股东大会现场会议的全过程。 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、道德规范和勤勉尽责精神，现出具法律意见如下： 一、本次股东大会的召集人资格及召集、召开程序 经核查，公司本次股东大会由公司董事会召集召开。公司已于 2025 年 5 月 14 日在指定信息披露媒体刊登《上海新致软件股份有限公司关于召开 2024 年年 度股东大会的通知》，将本次股东大会的召开时间、地点、审议事项、出席会议 人员、登记方法等予以公告，公告刊登的日期距本次股东大会的召开日期已达 20 日。 本次 ...

| 证券代码：688590 | 证券简称：新致软件 | 公告编号：2025-032 | | --- | --- | --- | | 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 2024年年度股东大会决议公告 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 一、 会议召开和出席情况 （一） 股东大会召开的时间：2025 年 6 月 3 日 （二） 股东大会召开的地点：上海市浦东新区康杉路 308 号（陆家嘴智慧谷 T6 栋）五楼会议中心 （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 | 72 | | --- | --- | | 普通股股东人数 | 72 | | 2、出席会议的股东所持有的表决权数量 | 100,884,805 | | 普通股股东所持有表决权数量 | 100,884,805 | | 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 | 3 ...

Group 1 - The report highlights investment hotspots in May, focusing on robotics, particularly unmanned logistics vehicles, controllable nuclear fusion, digital currencies (stablecoins & RWA), mergers and acquisitions, and military industry, with a market preference for small-cap companies [6][22][23] - The robotics sector, especially unmanned logistics vehicles, showed strong performance, transitioning from 0 to 1 stage with companies like Jiushi and New Stone achieving significant order volumes and commercial deployment [6][24][25] - The report indicates that the AI sector continues to evolve, with major advancements in AI models and applications, including the DeepSeek-R1 model's upgrade, which significantly improved reasoning capabilities and performance metrics [47][49][50] Group 2 - The report notes that the controllable nuclear fusion sector is gaining momentum, supported by U.S. policy changes and accelerated project developments in China, with significant milestones achieved in the CRAFT project [39][40] - The digital currency sector is experiencing regulatory advancements, with the U.S. Senate passing the GENIUS Act and Hong Kong establishing a regulatory framework for stablecoins, indicating a growing acceptance and potential for market expansion [42][43] - The mergers and acquisitions landscape is evolving with new regulations aimed at simplifying processes and enhancing market-driven approaches, exemplified by the merger plans between Haiguang Information and Zhongke Shuguang [44][45]

Core Viewpoint - The company has positioned AI as the core driver of its business growth, with significant revenue increases in IT solutions and enterprise services due to advancements in AI technology [2][3][4]. Financial Performance - In 2024, the company achieved total revenue of 1.995 billion RMB, with a net profit of 8.0927 million RMB. In Q1 2025, revenue reached 434 million RMB, and net profit was 15.7279 million RMB, reflecting a year-on-year growth of 4.04% [2]. AI Business Growth - The IT solutions segment generated 1.681 billion RMB in revenue in 2024, marking a year-on-year increase of 19.37%. This growth was primarily driven by the rapid expansion of AI-related IT services, including upgrades to AI modules [2][3]. Strategic Partnerships - The company has signed cooperation agreements with several major domestic internet and large model manufacturers to enhance its AI ecosystem, focusing on collaborative innovation and customer service [2][3]. AI Infrastructure Development - The company is deepening its collaboration with domestic computing power vendors and has launched AI integrated machines, achieving over 100 orders in the financial and judicial sectors by the date of the 2024 annual report [3]. Enterprise Services Growth - The enterprise service segment generated 692 million RMB in revenue in 2024, reflecting a year-on-year growth of 24.14%, driven by the rapid development of the digital economy [3][4]. Industry Focus Areas - The enterprise service business is concentrated in advantageous sectors such as telecommunications, government, and automotive, with a focus on enhancing existing channel management systems and expanding into telecom enterprise services [4]. Future Strategy - The company plans to continue embracing AI comprehensively, integrating AI technology with its core business systems while expanding innovative operations in the AI field and IT infrastructure [4].