Market Performance - The financial tax digitalization concept index declined by 2.60%, ranking among the top declines in the concept sector as of May 23 [1] - Within this sector, stocks such as Zhiyuan Huilian, Guangyun Technology, and Shensi Electronics experienced significant declines, while two stocks, Hehe Information and Shenzhou Information, saw increases of 2.03% and 1.10% respectively [1] Concept Sector Overview - The top-performing concept sectors today included Controlled Nuclear Fusion with a rise of 2.38% and CRO Concept with an increase of 1.51%, while the financial tax digitalization sector was among the worst performers with a decline of 2.60% [2] - The financial tax digitalization sector experienced a net outflow of 1.557 billion yuan, with 53 stocks seeing net outflows, and 9 stocks with outflows exceeding 50 million yuan [2] Major Stocks in Financial Tax Digitalization - The stock with the highest net outflow was Huibo Yuntong, with a net outflow of 370.35 million yuan, followed by Runhe Software and Tianyuan Dike with outflows of 229.09 million yuan and 130.34 million yuan respectively [2] - Stocks with the highest net inflows included Hehe Information, Shenzhou Information, and Wanda Information, with inflows of 62.75 million yuan, 56.24 million yuan, and 16.79 million yuan respectively [4]

Market Overview - The main funds in the Shanghai and Shenzhen markets experienced a net outflow of 28.926 billion yuan, with the Sci-Tech Innovation Board seeing a net outflow of 2.885 billion yuan [1] - A total of 179 stocks saw net inflows, while 408 stocks experienced net outflows [1] Sci-Tech Innovation Board Performance - On the Sci-Tech Innovation Board, 151 stocks rose while 432 stocks fell [1] - The top three stocks with the highest net inflow were Tianzhun Technology (75.176 million yuan), Hehe Information (62.752 million yuan), and Electric Wind Power (54.244 million yuan) [1][2] - The stock with the largest net outflow was SMIC, which saw a net outflow of 249 million yuan and a decline of 1.09% [1] Continuous Fund Flow Analysis - There are 36 stocks with continuous net inflows for more than three trading days, with Te Bao Biological leading at 12 consecutive days [2] - Conversely, 167 stocks experienced continuous net outflows, with Pioneer Precision seeing the longest streak at 27 days [2] Fund Inflow Rankings - The top stocks by net inflow include: - Tianzhun Technology: 75.176 million yuan, 20.35% inflow rate, 2.33% increase [2] - Hehe Information: 62.752 million yuan, 16.76% inflow rate, 2.03% increase [2] - Electric Wind Power: 54.244 million yuan, 11.98% inflow rate, 5.90% increase [2] Fund Outflow Rankings - The stocks with the largest net outflows include: - SMIC: -249 million yuan, -1.09% decrease [1] - Hengxuan Technology: -201 million yuan [1] - Aerospace Nanhu: -77.4518 million yuan [1]

Core Viewpoint - The semiconductor industry faces increasing supply chain disruptions, necessitating improved risk management mechanisms and digital tools for real-time monitoring and prevention of supply chain risks [1][3]. Group 1: Supply Chain Challenges - Geopolitical conflicts have triggered a "neon gas crisis," leading to increased production costs [5] - Fluctuating tariff policies force adjustments in global supply chain layouts [5] - Natural disasters have caused factory shutdowns, resulting in soaring raw material prices [5] - Market demand volatility hampers timely development of quality supplier resources [5] Group 2: Risk Management Trends - Transitioning from localized monitoring to global scanning for comprehensive risk awareness [6] - Moving from manual selection to tiered management for precise risk alerts [6] - Evolving from unilateral management to collaborative risk mitigation [11] - Shifting from fragmented analysis to panoramic decision-making for closed-loop risk management [11] - Upgrading from repetitive processes to agile system integration [11] Group 3: Technological Solutions - The launch of a supply chain risk management SaaS platform aims to assist semiconductor companies in transitioning from experience-based approaches to data-driven reasoning [3] - The platform integrates artificial intelligence and various business scenarios to enhance digital risk management across multiple industries [10]

Group 1 - The TV drama "A Wonderful Life" has sparked discussions about the insurance industry, particularly highlighting the use of the "Business Card All-in-One" mini-program for efficient client communication [1] - The "Business Card All-in-One" aims to revolutionize traditional business communication by providing digital business cards tailored for professional users, currently utilized by multiple insurance companies [1] Group 2 - The "Business Card All-in-One" is an intelligent business card and contact management app that uses advanced OCR technology to convert physical business cards into structured digital cards, enhancing communication efficiency [7] - The app supports seamless sharing across various platforms such as WeChat, DingTalk, and Tencent Meeting, significantly improving business communication convenience [7] - The app has gained recognition across multiple industries, including law and technology, with over 110,000 lawyers using its services to enhance their brand image [8] - In the fast-paced business environment, the "Business Card All-in-One" has become an essential tool for professionals, helping them stand out in competitive markets [8]

证券代码：688615 证券简称：合合信息 公告编号：2025-018 上海合合信息科技股份有限公司 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： ? 公司存在首发战略配售股份，首发战略配售股份未全部上市流通 每股转增0.4股 ? 相关日期 新增无限售条件流 股权登记日 除权（息）日 现金红利发放日 通股份上市日 ? 是否涉及差异化分红送转：否 ? 每股分配比例，每股转增比例 每股现金红利2元 一、 通过分配、转增股本方案的股东大会届次和日期 本次利润分配及转增股本方案经上海合合信息科技股份有限公司（以下简称 ）2025 年 5 月 9 日的2024年年度股东大会审议通过。 "公司" 二、 分配、转增股本方案 截至股权登记日下午上海证券交易所收市后，在中国证券登记结算有限责任 公司上海分公司（以下简称"中国结算上海分公司"）登记在册的本公司全体股东。 本次利润分配及转增股本以方案实施前的公司总股本100,000,000股为基数， 每股派发现金红利2元（含税），以资本公积金向全体股东每股转增0.4股，共计派 ...

Core Viewpoint - The company, Hehe Information, has successfully completed its IPO on the Shanghai Stock Exchange's Sci-Tech Innovation Board, focusing on artificial intelligence and big data, with a revenue growth of 21% in 2024 and significant investments in R&D [1][6]. Group 1: Financial Performance - In 2024, the company's revenue increased by 21%, with R&D expenses exceeding 400 million yuan, marking a 36% increase from the previous year [1][3]. - The intangible assets primarily consist of self-developed data resources, with a book value of 45.51 million yuan, representing 94.52% of total intangible assets [1][2]. - The company's R&D expenses have been consistently above 200 million yuan annually, with a notable increase to 390 million yuan in 2024 [3][5]. Group 2: R&D Investment and Focus - The company has focused its R&D investments on AI and big data technology, enhancing product capabilities and user experience across its offerings [4][6]. - R&D expenses are primarily allocated to employee salaries, which account for 73% of total R&D costs, with an average salary of 510,000 yuan per employee in 2024 [5][6]. - The company has accumulated 128 patents, indicating a strong commitment to innovation and technology development [6]. Group 3: Data Asset Development - Hehe Information has developed two main types of data assets: foundational data and knowledge data, which are created through extensive data processing and analysis [2][9]. - The company is currently working on several projects aimed at enhancing its data asset capabilities, including a commercial big data SaaS platform and a data governance project [8]. - The potential for growth in the data industry is significant, with the company positioned to leverage its extensive data resources for high-value applications [9].

证券代码：688615 证券简称：合合信息 公告编号：2025-018 上海合合信息科技股份有限公司 2024年年度权益分派实施公告 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： | 股权登记日 | 除权（息）日 | 新增无限售条件流 | 现金红利发放日 | | --- | --- | --- | --- | | | | 通股份上市日 | | | 2025/5/23 | 2025/5/26 | 2025/5/26 | 2025/5/26 | 一、 通过分配、转增股本方案的股东大会届次和日期 本次利润分配及转增股本方案经上海合合信息科技股份有限公司（以下简称 "公司"）2025 年 5 月 9 日的2024年年度股东大会审议通过。 二、 分配、转增股本方案 1. 发放年度：2024年年度 2. 分派对象： 截至股权登记日下午上海证券交易所收市后，在中国证券登记结算有限责任 公司上海分公司（以下简称"中国结算上海分公司"）登记在册的本公司全体股东。 3. 分配方案： 本次利润分配及转增股本以方案实施前的公司总股 ...

Group 1 - The rapid development of large models and Agent technology is leading to a new paradigm in AI application development, where the Model Context Protocol (MCP) addresses the collaboration challenges between large models and external data sources and tools [1][2] - The launch of the first batch of MCP Server services by Hehe Information's TextIn aims to lower the barriers for developers in building intelligent document processing Agents, facilitating the goal of "one development, multiple models applicable" [1] - The MCP Server service supports various downstream application developments, including educational question bank data processing, RAG knowledge base construction, document translation and format preservation, and RPA and Agent automation processing [1] Group 2 - The multi-Agent collaborative model is becoming a significant development direction in the AI industry, with MCP acting as a "universal plug" that solves the "last mile" problem of AI tool integration [2] - The TextIn MCP Server service is designed to support enterprise clients and developers in complex document parsing tasks, promoting the scalable development of AI applications across various industries such as education, healthcare, manufacturing, and finance [2] Group 3 - As of May 12, Hehe Information's stock closed at 241.68 yuan, reflecting a 2.93% increase [3]

证券代码：688615 证券简称：合合信息 公告编号：2025-017 （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 | 138 | | --- | --- | | 普通股股东人数 | 138 | | 2、出席会议的股东所持有的表决权数量 | 64,464,059 | | 普通股股东所持有表决权数量 | 64,464,059 | | 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 | 64.4640 | | 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（%） | 64.4640 | 上海合合信息科技股份有限公司 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 一、 会议召开和出席情况 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） 股东大会召开的时间：2025 年 5 月 9 日 重要内容提示： （二） 股东大会召开的地点：静安区江场三路 258 号市北商务中心 3 楼 本次会议是否有被否决议案：无 （四） 表决 ...

上海市锦天城律师事务所 关于上海合合信息科技股份有限公司 2024 年年度股东大会的 法律意见书 锦 天 城 律师事务 所 ALLBRIGHT LAW OFFICES ?'@AB 致：上海合合信息科技股份有限公司 上海市锦天城律师事务所（以下简称"本所"）接受上海合合信息科技股份 有限公司（以下简称"公司"或"合合信息"）的委托，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、规章和 其他规范性文件以及《上海合合信息科技股份有限公司章程》（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，本所及本所律师依据《律师事务所从事证券法律业务 管理办法》和《律师事务所证券法律业务执业规则》等规定，严格履行了法定职 责，遵循了勤勉尽责和诚实信用原则，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，核查了本所认为出具该法律意见书所需的相关文件、资料， 并参加了公司本次股东大会的全过程。本所保证本法律意见书所认定的事实真实、 准确、完整，所发表的结论性意见合法、 ...