恒玄科技（上海）股份有限公司 董事会审计委员会工作细则 第一条 为强化恒玄科技（上海）股份有限公司(以下简称"公司")董事会决 策功能，做到事前审计、专业审计，确保董事会对管理层的有效监 督，完善公司治理结构，根据《中华人民共和国公司法》(以下简 称《" 公司法》")、《上海证券交易所科创板股票上市规则》《上海证 券交易所科创板上市公司自律监管指引第 1 号——规范运作》等 有关法律、法规和规范性文件以及《恒玄科技（上海）股份有限公 司章程》(以下简称"公司章程")的相关规定和要求，公司特设立董 事会审计委员会(以下简称"审计委员会")，并制定本工作细则。 第二条 审计委员会是董事会下设的专门工作机构，主要负责公司内、外部 审计的沟通、监督和核查工作等，行使《公司法》规定的监事会的 职权。 第三条 审计委员会成员由三名董事组成，其中独立董事占多数，委员中至 少有一名独立董事为会计专业人士。审计委员会成员应当为不在公 司担任高级管理人员的董事。 第四条 审计委员会全部成员均须具有能够胜任审计委员会工作职责的专 业知识和商业经验，切实有效地监督、评估公司内外部审计工作， 促进公司建立有效的内部控制并提供真实、准确 ...

恒玄科技（上海）股份有限公司 2025 年限制性股票激励计划实施考核管理办法 考核评价必须坚持公正、公开、公平的原则，严格按照本办法和考核对象的 业绩进行评价，以实现 2025 年限制性股票激励计划与激励对象工作业绩、贡献 紧密结合，从而提高公司整体业绩，实现公司与全体股东利益最大化。 三、考核范围 本办法适用于参与公司本次限制性股票激励计划的所有激励对象，即薪酬与 考核委员会确定并经董事会审议通过的所有激励对象，包括在公司任职的核心技 术人员、技术骨干人员及业务骨干人员。 四、考核机构 （一）董事会薪酬与考核委员会负责领导、组织激励对象的考核工作。 （二）公司人力资源部负责具体实施考核工作。人力资源部对董事会薪酬与 考核委员会负责及报告工作。 恒玄科技（上海）股份有限公司（以下简称"公司"）为进一步完善公司法人 治理结构，健全公司的长效激励约束机制，吸引留住优秀人才，充分调动公司核 心团队的积极性，有效将股东利益、公司利益和员工利益三者紧密结合，共同促 进公司的长远发展，确保公司发展战略和经营目标的实现，公司拟实施 2025 年 限制性股票激励计划（以下简称"股权激励计划"或"限制性股票激励计划"）。 为保 ...

恒玄科技（上海）股份有限公司 章 程 第一章 总则 公司系恒玄科技（上海）有限公司整体变更而成的股份有限公司；在上海市 市 场 监 督 管 理 局 登 记 注 册 并 取 得 营 业 执 照 ， 统 一 社 会 信 用 代 码 ： 91310115341975375J。 公司英文名称：Bestechnic (Shanghai) Co., Ltd. 担任法定代表人的经理辞任的，视为同时辞去法定代表人。 第一条 为维护恒玄科技（上海）股份有限公司（以下简称"公司"或"本公司"）、股 东、职工和债权人的合法权益，规范公司的组织和行为，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》"）、《上市公司章程指引》、《上海证券交易所科创板 股票发行上市审核规则》、《上海证券交易所科创板股票上市规则》和其他 有关规定（以下简称"法律、行政法规"），制定本章程。 第二条 公司系依照《公司法》和其他有关规定成立的股份有限公司。 第三条 公司于 2020 年 10 月 23 日经中国证券监督管理委员会（以下简称"中国证 监会"）（证监许可〔2020〕2752 号）核准，首次 ...

恒玄科技（上海）股份有限公司 信息披露暂缓与豁免管理制度 第一章 总则 第二章 暂缓、豁免信息的范围 4 第一条 为规范恒玄科技（上海）股份有限公司公司（以下简称"公司"）信 息披露暂缓与豁免行为，确保公司及相关信息披露义务人依法合规 地履行信息披露义务，保护投资者的合法权益，根据《中华人民共 和国公司法》、《中华人民共和国证券法》、《上市公司信息披露管理 办法》、《上市公司信息披露暂缓与豁免管理规定》、《上海证券交易 所股票科创板上市规则》（以下简称"《股票上市规则》"）以及有 关法律、法规、规章和《恒玄科技（上海）股份有限公司公司章程》 （以下简称"《公司章程》"）的规定，结合公司信息披露工作的实 际情况，制定本制度。 第二条 公司和其他信息披露义务人暂缓、豁免披露临时报告，在定期报告、 临时报告中豁免披露中国证券监督管理委员会（以下简称"中国证 监会"）和证券交易所规定或者要求披露的内容，适用本制度。 第三条 公司和其他信息披露义务人应当真实、准确、完整、及时、公平地 披露信息，不得滥用暂缓或者豁免披露规避信息披露义务、误导投 资者，不得实施内幕交易、操纵市场等违法行为。 第四条 公司和其他信息披露义务 ...

Core Insights - The overall market for the Sci-Tech Innovation Board (科创板) experienced a decline, with the Sci-Tech 50 Index ETF (588870) dropping by 2.4% on August 26, while the trading volume exceeded 110 million yuan [1] - The Sci-Tech 50 Index has gained significant attention, achieving a record trading volume of 130 billion yuan on August 25, surpassing previous high trading days [3] - The performance of the constituent stocks within the Sci-Tech 50 Index was mixed, with notable declines in major stocks such as Chipone (芯原股份) and Haiguang Information (海光信息), while some stocks like Shengmei Shanghai (盛美上海) saw increases [3][4] Market Trends - The AI sector in China is showing a positive trend, with advancements in domestic model capabilities and a notable acceleration in AI application commercialization in the Hong Kong market [5][6] - The collaboration between model development, chip manufacturing, and application optimization is forming a synergistic industrial paradigm in the Chinese AI sector [6] Investment Opportunities - The Sci-Tech 50 Index ETF (588870) is highlighted as a preferred investment option, tracking the top 50 stocks on the Sci-Tech Board, which includes leading companies across various sectors such as electronics, pharmaceuticals, and computing [6] - The ETF boasts low management and custody fees, making it an attractive option for investors [7]

Core Viewpoint - Hengxuan Technology's stock has shown significant growth in 2023, with a year-to-date increase of 21.21% and a notable rise in revenue and net profit for the first quarter of 2025, indicating strong business performance and investor interest [1][2]. Financial Performance - As of March 31, 2025, Hengxuan Technology achieved a revenue of 9.95 billion yuan, representing a year-on-year growth of 52.25% [2]. - The company's net profit attributable to shareholders reached 1.91 billion yuan, marking a substantial increase of 590.22% compared to the previous year [2]. Stock Market Activity - On August 26, 2023, Hengxuan Technology's stock price rose by 2.03%, reaching 280.88 yuan per share, with a trading volume of 3.54 billion yuan and a turnover rate of 0.76% [1]. - The total market capitalization of Hengxuan Technology is approximately 472.91 billion yuan [1]. - The stock has seen a net inflow of main funds amounting to 514.75 million yuan, with significant buying activity from large orders [1]. Shareholder Information - As of March 31, 2025, the number of shareholders for Hengxuan Technology is 10,100, a decrease of 4.96% from the previous period [2]. - The average number of circulating shares per shareholder is 11,870, which has increased by 5.22% [2]. - The company has distributed a total of 3.15 billion yuan in dividends since its A-share listing, with 2.54 billion yuan distributed over the last three years [3]. Business Overview - Hengxuan Technology specializes in the research, design, and sales of smart audio SoC chips, with its main business revenue composition being 45.87% from smart Bluetooth, 38.11% from other sources, and 16.02% from regular Bluetooth [1]. - The company is classified under the electronic-semiconductor-digital chip design industry and is involved in various concept sectors, including smart speakers and wireless earphones [1].

Core Viewpoint - The Sci-Tech Chip ETF (588200) opened with a decline of 2.32%, indicating a bearish trend in the semiconductor sector [1] Group 1: ETF Performance - The Sci-Tech Chip ETF (588200) opened at 2.060 yuan, reflecting a drop of 2.32% [1] - Since its establishment on September 30, 2022, the fund has achieved a return of 110.41% [1] - The fund's performance over the past month has been a return of 29.88% [1] Group 2: Major Holdings - Key holdings in the ETF include: - SMIC (中芯国际) down 2.10% - Haiguang Information (海光信息) down 3.29% - Cambricon (寒武纪) down 5.41% - Lattice Technology (澜起科技) down 0.96% - Zhongwei Company (中微公司) down 0.93% - Chipone (芯原股份) down 5.01% - Hu Silicon Industry (沪硅产业) down 0.29% - Hengxuan Technology (恒玄科技) down 0.58% - SiTewave (思特威) down 0.49% - Huahai Qingke (华海清科) down 0.47% [1]

Investment Rating - Industry investment rating: Overweight [1] Core Insights - The collaboration between Sunyu Optical and Goer Group aims to accelerate the development of smart glasses, with a clear transaction process outlined in their memorandum of understanding [4] - Sunyu's Shanghai Aolai has established a comprehensive system from technology research and development to equipment implementation, which serves as a solid foundation for mass production of AI/AR hardware components [5] - Goer Optical has accumulated mature technology in the optical waveguide component field and leverages its parent company's resources to connect with leading clients in the AI smart glasses and AR sectors [5] - The integration of Shanghai Aolai's production capacity and equipment into Goer Optical's existing system will enhance market competitiveness and shorten the production ramp-up cycle [5] - Silicon carbide (SiC) is emerging as an excellent solution in the AR glasses optical waveguide field, with applications extending to various sectors including renewable energy, aerospace, electric vehicles, telecommunications, and quantum computing [6] Summary by Sections - **Collaboration Details**: Sunyu and Goer Group have signed a memorandum to collaborate, with Sunyu's Ningbo Aolai acquiring a 33.33% stake in Goer Optical post-restructuring [4] - **Business Synergy**: The partnership is characterized by precise business complementarity, enhancing both companies' positions in the AI/AR industry [5] - **Material Innovation**: SiC's application in optical components is highlighted, showcasing its potential in various high-tech fields [6]

Group 1 - The Shanghai Stock Exchange Sci-Tech Innovation Board Chip Index has risen by 2.84%, with significant gains in constituent stocks such as Dongxin Co. (up 10.68%) and Chipone Technology (up 10.37%) [1] - The Sci-Tech Chip ETF (588200) increased by 1.11%, reaching a peak increase of nearly 5% at the beginning of the trading session, and has accumulated a 17.12% increase over the past week [1][4] - The trading volume of the Sci-Tech Chip ETF reached 29.18 billion yuan with a turnover rate of 8.26%, ranking first among comparable funds [4] Group 2 - The latest scale of the Sci-Tech Chip ETF has reached 337.26 billion yuan, marking a new high since its inception and also ranking first among comparable funds [4] - The net value of the Sci-Tech Chip ETF has increased by 123.44% over the past year, placing it in the top 0.94% among index equity funds [4] - The top ten weighted stocks in the Sci-Tech Chip Index account for 57.59% of the index, with companies like Cambricon, SMIC, and Haiguang Information being the most significant contributors [5][7] Group 3 - The DeepSeek model has been updated to version 3.1, which now supports FP8 precision and domestic chips, potentially accelerating the development of the domestic computing power ecosystem [4] - Tencent's earnings report indicated a diversification in the supply chain for its inference chips, suggesting that domestic inference computing power chips may become a competitive advantage amid international supply chain fluctuations [4] - Huawei's Ascend chips are gradually expanding their applications in government and financial sectors, reflecting an increase in the market competitiveness of domestic chips [4]

Group 1 - The core viewpoint of the article highlights the performance of the Sci-Tech Chip 50 ETF (588750), which opened with a gain of 2.68% at 1.420 yuan [1] - The major holdings of the ETF include companies such as SMIC, which rose by 1.95%, and Haiguang Information, which increased by 5.34% [1] - The ETF's performance benchmark is the Shanghai Stock Exchange Sci-Tech Board Chip Index, managed by Huatai-PineBridge Fund Management Co., Ltd., with a return of 35.59% since its inception on December 18, 2024, and a return of 32.19% over the past month [1] Group 2 - Notable stock performances within the ETF include Cambrian's increase of 6.26%, and Chipone's rise of 5.53% [1] - Other companies in the ETF such as Lattice Technology and Huahai Qingshi also showed positive movements, with increases of 3.79% and 1.92% respectively [1] - The overall trend indicates a strong performance in the semiconductor sector, particularly among the ETF's key holdings [1]