Company Overview - Hohhot Information Technology Co., Ltd. is located in Shanghai and was established on August 8, 2006. The company focuses on intelligent text recognition and commercial big data technologies, providing digital and intelligent products and services to both C-end users and various B-end clients [1][2]. Financial Performance - For the first half of 2025, Hohhot Information achieved operating revenue of 843 million yuan, representing a year-on-year growth of 22.51%. The net profit attributable to shareholders was 235 million yuan, with a year-on-year increase of 6.63% [2]. - As of September 11, the company's stock price increased by 10.57% year-to-date, with a recent 5-day increase of 1.91%, a 20-day decrease of 5.37%, and a 60-day increase of 7.02% [1]. Stock Market Activity - On September 11, the stock price reached 158.30 yuan per share, with a trading volume of 131 million yuan and a turnover rate of 3.00%. The total market capitalization was 22.162 billion yuan [1]. - The net outflow of main funds was 387,500 yuan, with large orders accounting for 25.14% of buy orders and 30.26% of sell orders [1]. Shareholder Information - As of June 30, 2025, the number of shareholders was 8,894, a decrease of 4.82% from the previous period. The average circulating shares per person increased by 47.08% to 3,148 shares [2]. - The top circulating shareholder is Taixin Small and Medium Cap Selected Mixed Fund, holding 1.18 million shares, an increase of 385,000 shares from the previous period [3]. Dividend Information - Hohhot Information has distributed a total of 200 million yuan in dividends since its A-share listing [3]. Industry Classification - The company belongs to the computer software development sector, specifically in vertical application software, and is associated with concepts such as data elements, AI training, financial technology, digital economy, and big data [2].

Group 1 - The core business of Shanghai Hehe Information Technology Co., Ltd. includes intelligent text recognition and commercial big data services, with a revenue composition of 81.65% from C-end intelligent text recognition products, 9.44% from B-end commercial big data products and services, 4.87% from B-end intelligent text recognition products and services, 3.48% from C-end commercial big data products, and 0.55% from other sources [2] - As of June 30, 2025, the company achieved an operating income of 843 million yuan, representing a year-on-year growth of 22.51%, and a net profit attributable to shareholders of 235 million yuan, with a year-on-year increase of 6.63% [2] - The company has distributed a total of 200 million yuan in dividends since its A-share listing [3] Group 2 - As of June 30, 2025, the number of shareholders of Hehe Information decreased by 4.82% to 8,894, while the average circulating shares per person increased by 47.08% to 3,148 shares [2] - The top circulating shareholder is Taixin Small and Medium Cap Selected Mixed Fund, holding 1.18 million shares, an increase of 385,000 shares compared to the previous period [3] - New institutional shareholders include Morgan Stanley Digital Economy Mixed Fund, which holds 606,500 shares, and Bosera SSE Sci-Tech Innovation Board Artificial Intelligence ETF, holding 279,600 shares [3]

Core Insights - The stock of Hehe Information fell by 2.35% on September 9, with a trading volume of 212 million yuan, and a net financing purchase of 13.30 million yuan on the same day [1] - Hehe Information's main business involves advanced intelligent text recognition and commercial big data technologies, with a revenue composition heavily weighted towards C-end products [2] - As of June 30, 2025, Hehe Information reported a revenue of 843 million yuan, a year-on-year increase of 22.51%, and a net profit of 235 million yuan, up 6.63% year-on-year [2] Financing and Shareholding - The total financing and securities balance for Hehe Information reached 364 million yuan, accounting for 8.50% of its market capitalization [1] - The company has distributed a total of 200 million yuan in dividends since its A-share listing [3] - As of June 30, 2025, the top circulating shareholders include Taixin Small and Medium Cap Selected Mixed Fund, which increased its holdings by 38.50 million shares [3]

Core Viewpoint - Hohhot Information's stock price has declined for four consecutive days, with a total drop of 11.5% during this period, leading to a current price of 155.40 CNY per share and a market capitalization of 21.756 billion CNY [1] Company Overview - Hohhot Information Technology Co., Ltd. was established on August 8, 2006, and is located in Shanghai, China. The company specializes in intelligent text recognition and commercial big data technologies, providing digital and intelligent products and services to both C-end users and various B-end clients [1] - The revenue composition of Hohhot Information includes: C-end APP - Scan All-in-One (68.31%), commercial big data B-end business (10.41%), internet advertising revenue (9.05%), B-end services (5.21%), commercial big data APP revenue (4.45%), C-end APP - Business Card All-in-One (1.97%), mobile manufacturer technology licensing (0.37%), and others (0.24%) [1] Shareholder Information - Longcheng Fund's Longcheng Innovation-Driven Mixed A Fund (009623) is among the top ten circulating shareholders of Hohhot Information, having increased its holdings by 51,800 shares in the second quarter, totaling 243,400 shares, which represents 0.87% of the circulating shares. The fund has incurred a floating loss of approximately 2.013 million CNY today and a total floating loss of 5.175 million CNY over the four-day decline [2] - Longcheng Innovation-Driven Mixed A Fund was established on June 23, 2020, with a current scale of 848 million CNY. Year-to-date returns are 19.39%, ranking 3781 out of 8180 in its category, while the one-year return is 78.77%, ranking 791 out of 7978. Since inception, the fund has experienced a loss of 3.25% [2] Fund Manager Information - The fund managers of Longcheng Innovation-Driven Mixed A Fund are Tan Xiaobing and Yang Weiwei. Tan has a tenure of 9 years and 217 days, with a total asset scale of 2.967 billion CNY and a best fund return of 201.32% during his tenure. Yang has a tenure of 2 years and 264 days, managing assets of 1.298 billion CNY, with a best fund return of 72.62% [3][5] Fund Holdings - Longcheng Fund's Longcheng Competitive Advantage Six-Month Mixed A Fund (011455) has also increased its holdings in Hohhot Information by 42,500 shares in the second quarter, holding a total of 121,000 shares, which accounts for 6.75% of the fund's net value. The fund has incurred a floating loss of approximately 1.0005 million CNY today and a total floating loss of 2.572 million CNY over the four-day decline [4] - Longcheng Competitive Advantage Six-Month Mixed A Fund was established on July 13, 2021, with a current scale of 248 million CNY. Year-to-date returns are 23.96%, ranking 3013 out of 8180, while the one-year return is 33.6%, ranking 4092 out of 7978. Since inception, the fund has experienced a loss of 16.9% [4]

Company Overview - Hohhot Information Technology Co., Ltd. is located in Shanghai and specializes in intelligent text recognition and commercial big data technologies, providing digital and intelligent products and services to both C-end users and various B-end clients globally [1] - The company was established on August 8, 2006, and is listed on September 26, 2024 [1] Financial Performance - As of June 30, 2025, Hohhot Information reported a revenue of 843 million yuan, representing a year-on-year growth of 22.51%, and a net profit attributable to shareholders of 235 million yuan, with a year-on-year increase of 6.63% [2] - The company has distributed a total of 200 million yuan in dividends since its A-share listing [3] Stock Performance - On September 9, the stock price of Hohhot Information decreased by 2.00%, trading at 153.55 yuan per share, with a total market capitalization of 21.497 billion yuan [1] - Year-to-date, the stock has increased by 7.25%, but has seen a decline of 9.84% over the last five trading days and 9.86% over the last twenty days [1] Shareholder Structure - As of June 30, 2025, the number of shareholders decreased by 4.82% to 8,894, while the average number of circulating shares per person increased by 47.08% to 3,148 shares [2] - The top circulating shareholder is Taixin Small and Medium Cap Selected Mixed Fund, holding 1.18 million shares, an increase of 385,000 shares from the previous period [3]

Core Viewpoint - The China Securities Regulatory Commission (CSRC) has requested additional information from Hehe Information regarding its subsidiaries' involvement in financial derivative trading and other operational aspects as part of its listing application process [1][2][3] Group 1: Regulatory Requirements - CSRC has issued supplementary material requirements for 12 companies, including Hehe Information, focusing on compliance and operational details [1] - Hehe Information is required to clarify the reasons, specific business content, scale, and compliance of its subsidiaries, Shanghai Linguan and Shanghai Youguan, in financial derivative trading [1][3] Group 2: Business Operations - Hehe Information must provide details on its subsidiaries' business scope, including advertising design and whether they have obtained necessary licenses [2] - The company is also asked to confirm if its operations comply with the "Negative List" for foreign investment in China [2] Group 3: Data Management and Financial Services - The company needs to explain its data collection practices, including user information scale and any data transmission to foreign entities [3] - Hehe Information is required to disclose its qualifications for engaging in financial services and the specifics of its products like Qixinbao and Qixin Huiyan [3] Group 4: Company Overview - Hehe Information is recognized as a leading global AI product company, serving over 200 countries and regions [3] - According to Zhaoshang Consulting, Hehe Information ranks first in China and fifth globally in terms of revenue from efficiency-oriented AI products with over 100 million monthly active users [3]

Core Viewpoint - The China Securities Regulatory Commission (CSRC) has requested additional information from Hehe Information regarding its subsidiaries' involvement in financial derivative trading and other operational aspects as part of its IPO application process [1][2][3] Group 1: Regulatory Requirements - CSRC has issued supplementary material requirements for 12 companies, including Hehe Information, focusing on compliance and operational details [1] - Hehe Information is required to clarify the business operations of its subsidiaries, including whether they have the necessary licenses for advertising and telecommunications services [2] - The company must also provide legal opinions from its lawyers regarding compliance with foreign investment regulations [2] Group 2: Business Operations - Hehe Information is described as a leading global AI product company, serving over a billion users across more than 200 countries and regions [3] - The company ranks first in China and fifth globally in terms of revenue from efficiency-oriented AI products with over one million monthly active users [3] - Hehe Information has maintained a strong growth trajectory since its establishment, focusing on AI technology innovation [3] Group 3: Financial Derivative Trading - The CSRC specifically requests details on the reasons, business content, scale, and compliance of Hehe Information's subsidiaries, Shanghai Linguan and Shanghai Youguan, in financial derivative trading [3]

Group 1 - The core viewpoint of the news is that 合合信息 (Hehe Information) has experienced fluctuations in its stock price and trading volume, with a notable decline in recent trading days despite a year-to-date increase [1] - As of September 4, the stock price of 合合信息 was 160.28 yuan per share, with a market capitalization of 22.439 billion yuan [1] - The company has seen a year-to-date stock price increase of 11.95%, but a decline of 13.33% over the last five trading days [1] Group 2 - 合合信息, established on August 8, 2006, specializes in intelligent text recognition and commercial big data technologies, serving both C-end users and B-end clients [2] - The revenue composition of 合合信息 includes 68.31% from C-end APP (Scan All), 10.41% from commercial big data B-end business, and 9.05% from internet advertising [2] - As of June 30, 2025, 合合信息 reported a revenue of 843 million yuan, a year-on-year increase of 22.51%, and a net profit of 235 million yuan, up 6.63% year-on-year [2] Group 3 - Since its A-share listing, 合合信息 has distributed a total of 200 million yuan in dividends [3] - As of June 30, 2025, the largest circulating shareholder is 泰信中小盘精选混合, holding 1.18 million shares, an increase of 385,000 shares from the previous period [3] - New institutional shareholders include 大摩数字经济混合A and 博时上证科创板人工智能ETF, indicating growing interest in the company [3]

Core Insights - On September 2, Hohhot Information experienced a decline of 2.55% with a trading volume of 278 million yuan, indicating market volatility [1] - The company reported a financing buy-in of 41.63 million yuan and a financing repayment of 51.58 million yuan, resulting in a net financing outflow of 9.95 million yuan [1] - As of September 2, the total margin balance for Hohhot Information stood at 315 million yuan, accounting for 6.60% of its market capitalization [1] Company Overview - Shanghai Hohhot Information Technology Co., Ltd. was established on August 8, 2006, and is located in Shanghai and Hong Kong [2] - The company specializes in intelligent text recognition and commercial big data technologies, providing digital and intelligent products and services to both C-end users and B-end clients [2] - The revenue composition includes: C-end APP - Scan All (68.31%), commercial big data B-end business (10.41%), internet advertising (9.05%), B-end services (5.21%), commercial big data APP (4.45%), C-end APP - Business Card (1.97%), mobile manufacturer technology licensing (0.37%), and others (0.24%) [2] Financial Performance - For the first half of 2025, Hohhot Information achieved a revenue of 843 million yuan, representing a year-on-year growth of 22.51% [2] - The net profit attributable to the parent company was 235 million yuan, reflecting a year-on-year increase of 6.63% [2] - The company has distributed a total of 200 million yuan in dividends since its A-share listing [3] Shareholder Structure - As of June 30, 2025, the number of shareholders for Hohhot Information was 8,894, a decrease of 4.82% from the previous period [2] - The largest circulating shareholder is Taixin Small and Medium Cap Selected Mixed Fund, holding 1.18 million shares, an increase of 385,000 shares from the previous period [3] - New institutional shareholders include Morgan Stanley Digital Economy Mixed Fund, which holds 606,500 shares, and Bosera SSE Sci-Tech Innovation Board AI ETF, holding 279,600 shares [3]

登录新浪财经APP 搜索【信披】查看更多考评等级 一、 说明会类型 本次投资者说明会以网络互动形式召开，公司将针对2025年半年度的经营成果及财务指标的具体情况与 投资者进行互动交流和沟通，在信息披露允许的范围内就投资者普遍关注的问题进行回答。 二、 说明会召开的时间、地点 （一） 会议召开时间：2025年9月9日（星期二）15:00-17:00 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。 重要内容提示： ●会议召开时间：2025年9月9日（星期二）15:00-17:00 ●会议召开地点：上海证券交易所上证路演中心（网址：https://roadshow.sseinfo.com/） ●会议召开方式：上证路演中心网络文字互动 ●投资者可于2025年9月2日（星期二）至9月8日（星期一）16:00前登录上证路演中心网站首页点击"提 问预征集"栏目或通过上海合合信息科技股份有限公司（以下简称"公司"）邮箱ir@intsig.net进行提问。 公司将在说明会上对投资者普遍关注的问题进行回答。 公司已于2025年8月29日在上海证券 ...