Core Viewpoint - The legal opinion letter confirms the legality and validity of the procedures, qualifications, and voting results of the 2024 annual shareholders' meeting of Nanjing Lais Information Technology Co., Ltd. [1][2][4] Meeting Procedures - The meeting was convened by the company's board of directors and publicly announced on April 26, 2025, detailing the time, location, and agenda [2][3] - The meeting was held on May 26, 2025, combining on-site and online voting methods, with the on-site meeting taking place in Nanjing [3][4] Attendance and Voting - A total of 65 shareholders (or their representatives) attended the meeting, representing 121,466,775 shares, which accounted for 74.3052% of the total voting shares [4] - The qualifications of attendees were verified and found to be compliant with legal and regulatory requirements [4][5] Voting Results - The following proposals were approved with significant majority votes: - 2024 Annual Report: 121,434,924 votes in favor, 23,644 against, 8,207 abstentions [5] - 2024 Board of Directors' Work Report: 121,434,924 votes in favor, 23,644 against, 8,207 abstentions [5] - 2024 Supervisory Board's Work Report: 121,434,924 votes in favor, 23,644 against, 8,207 abstentions [5] - 2024 Financial Settlement Report: 121,434,924 votes in favor, 23,644 against, 8,207 abstentions [5] - 2024 Profit Distribution Plan: 121,409,228 votes in favor, 49,340 against, 8,207 abstentions [6] - 2025 Annual Related Transactions: 22,825,687 votes in favor, 32,281 against, 8,807 abstentions [6] - 2025 Comprehensive Credit Limit Application: 121,434,324 votes in favor, 24,244 against, 8,207 abstentions [6] - 2025 Director Compensation Plan: 120,988,908 votes in favor, 469,660 against, 8,207 abstentions [6][7] Conclusion - The legal opinion concludes that the meeting's procedures, qualifications of attendees, and voting results are all in compliance with relevant laws and regulations [7][8]

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 证券代码：688631 证券简称：莱斯信息 公告编号：2025-027 南京莱斯信息技术股份有限公司 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 （一） 股东大会召开的时间：2025 年 5 月 26 日 （四） 表决方式是否符合《公司法》及公司章程的规定，大会主持情况等。 本次会议由董事会召集，由董事长周菲主持，表决方式是现场投票和网络投 票相结合的方式，会议的召集、召开符合《中华人民共和国公司法》《上海证券 交易所科创板股票上市规则》等有关法律、行政法规、部门规章、规范性文件和 《南京莱斯信息技术股份有限公司章程》的有关规定。 （五） 公司董事、监事和董事会秘书的出席情况 1、 公司在任董事9人，出席9人； 2、 公司在任监事3人，出席3人； 3、 公司财务负责人、董事会秘书王旭出席了本次会议；部分公司高级管理人员 列席了本次会议。 （二） 股东大会召开的地点：江苏省南京市秦淮区永智路 8 号南京莱斯信息技 术股份 ...

北京国枫律师事务所 关于南京莱斯信息技术股份有限公司 2024 年年度股东大会的 法律意见书 国枫律股字[2025]A0291号 致：南京莱斯信息技术股份有限公司（"贵公司"） 北京市东城区建国门内大街 26 号新闻大厦 7 层、8 层 电话：010-88004488/66090088 传真：010-66090016 邮编：100005 北京国枫律师事务所（以下简称"本所"）接受贵公司的委托，指派律师出席并见 证贵公司 2024 年年度股东大会（以下简称"本次会议"）。 本所律师根据《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》"）、《律师事务所从事证券法律业务管理 办法》（以下简称"《证券法律业务管理办法》"）、《律师事务所证券法律业务执业规则（试 行）》（以下简称"《证券法律业务执业规则》"）等相关法律、行政法规、规章、规范性 文件及《南京莱斯信息技术股份有限公司公司章程》（以下简称"《公司章程》"）的规定， 就本次会议的召集与召开程序、召集人资格、出席会议人员资格、会议表决程序及表决 结果等事宜，出具本法律意见书。 对本法律意见书的出具，本所律师特作 ...

Core Viewpoint - The Chinese air traffic management system is undergoing significant advancements through domestic innovation and digital transformation, aiming to reduce reliance on foreign technology and enhance international competitiveness. The market size is projected to reach 6 billion yuan in 2024, reflecting a year-on-year increase of 15.38% [1][14]. Industry Overview - The air traffic management system (ATMS) is essential for overseeing and managing civil aviation operations, ensuring safety and efficiency in aircraft operations. It consists of three main components: air traffic services, air traffic flow management, and airspace management [3][10]. - The industry has evolved from relying on international products to achieving significant domestic technological breakthroughs, including the development of new-generation flight data processing systems and airport surveillance radars [1][14]. Industry Development History - The ATMS in China has developed from its inception in the early 1950s to a more sophisticated system today, marked by key reforms and technological advancements since the 2000s. The establishment of the Civil Aviation Administration of China in 1994 was a significant milestone [5][12]. Policy Support - Recent policies, such as the "14th Five-Year Plan for Civil Aviation Development" and the "Smart Civil Aviation Construction Roadmap," emphasize the modernization of the air traffic management system and the integration of advanced technologies [7][9]. Market Dynamics - The demand for air traffic management systems is increasing due to the rising passenger and cargo throughput in China's civil aviation sector, which is expected to continue growing post-pandemic [12][14]. - The market is characterized by both domestic and international players, with key domestic companies including Sichuan Chuan Da Zhisheng, Sichuan Electronic Technology, and Nanjing Lais Information Technology leading the way in technological capabilities [16][20]. Future Trends - The industry is moving towards greater intelligence and networking, leveraging technologies such as AI and big data to enhance operational efficiency and safety. This shift aims to create a more integrated and responsive air traffic management system [22][23]. - The integration of military and civilian air traffic management systems is becoming increasingly important, with a focus on collaboration and standardization to improve overall system coordination [24].

Investment Rating - The report suggests a positive outlook for the military industry, indicating a potential recovery in performance by 2025, with a focus on companies with order recovery expectations and performance support [2][10][44]. Core Insights - The military sector reported a total revenue of 764.903 billion yuan in 2024, a year-on-year increase of 1.16%. Key segments showing positive growth include shipbuilding, aerospace engines, and aviation [2][10]. - The net profit for the military sector decreased to 26.655 billion yuan in 2024, down 38.01% year-on-year, primarily due to lower downstream demand and price reductions for certain products [12][10]. - The first quarter of 2025 is expected to show signs of recovery, particularly in ground equipment and aerospace segments, with a projected increase in associated transaction amounts [2][29]. Summary by Sections 1. Industry Overview - The military sector's revenue growth was driven by shipbuilding (10.87% increase), aerospace engines (4.46% increase), and aviation (2.75% increase), while ground equipment and commercial aerospace saw significant declines [10][12]. - The report highlights a structural recovery in the military sector, with positive signals emerging from major companies regarding contract announcements and performance stabilization [2][38]. 2. Investment Strategy - The report recommends focusing on three main investment lines: 1. Traditional military sectors with expected order recovery, particularly in aerospace engines, shipbuilding, and aviation [2][44]. 2. New domains characterized by low-cost, intelligent, and systematic features, including precision-guided munitions and unmanned systems [2][44]. 3. Companies with asset integration expectations and competitive positions in military trade markets [2][44]. 3. Recommended Stocks - Traditional military direction: Recommended stocks include Aerospace Power, Aerospace Control, and Huayin Technology [3][45]. - New domain and new quality direction: Recommended stocks include High De Infrared, North Navigation, and Aerospace Rainbow [3][45]. - Reform and overseas direction: Recommended stocks include Guorui Technology and Construction Industry [3][45].

Core Viewpoint - The annual shareholder meeting of Nanjing Lais Information Technology Co., Ltd. is set to discuss various proposals, including the 2024 annual report, board work report, and financial statements, reflecting the company's operational performance and governance practices [1][10][20]. Group 1: Meeting Procedures and Regulations - The meeting will ensure the protection of shareholders' rights and maintain order, with only authorized personnel allowed to attend [2][3]. - Attendees must register 30 minutes prior to the meeting and present necessary identification and documentation [2][3]. - Voting will be conducted through both on-site and online methods, with each share carrying one vote [3][4]. Group 2: Financial Performance - In 2024, the company reported a revenue of 626 million yuan, a year-on-year increase of 13.68%, with the urban traffic management business achieving 671 million yuan, up 33.47% [10][11]. - The net profit attributable to shareholders was 129 million yuan, demonstrating resilience in a complex market environment [11]. - The total assets as of December 31, 2024, amounted to 3.801 billion yuan, reflecting a 1.71% increase from the previous year [27]. Group 3: Governance and Board Activities - The board of directors has actively engaged in governance, ensuring compliance with legal and regulatory requirements, and has reported on its activities during the year [10][14]. - The board's work has focused on enhancing governance structures and internal management, contributing to stable business development [10][14]. - The independent directors have played a crucial role in overseeing significant decisions, ensuring the protection of shareholder interests [15]. Group 4: Future Plans and Strategic Direction - The company aims to implement quality improvement initiatives and accelerate transformation and upgrading in line with national development strategies [19]. - Plans include enhancing risk management mechanisms and ensuring the effective execution of strategic decisions [19]. - The board will continue to prioritize shareholder returns and maintain transparent communication with investors [17][19].

南京莱斯信息技术股份有限公司 2024 年年度股东大会会议资料 证券代码：688631 证券简称：莱斯信息 南京莱斯信息技术股份有限公司 2024 年年度股东大会 会议资料 2025 年 5 月 南京莱斯信息技术股份有限公司 2024 年年度股东大会会议资料 为维护广大投资者的合法权益，保障股东在本次股东大会期间依法行使权利， 根据《公司法》、中国证监会《上市公司股东会规则》和公司《股东大会议事规 则》等有关规定，特制定本会议须知： 一、全体参会人员应以维护全体股东的合法权益、保障会议的正常秩序和议 事效率为原则，自觉履行法定义务。 二、为保证股东大会的严肃性和正常秩序，除出席会议的股东及股东代理人、 董事、监事、高级管理人员、公司聘请的律师及公司董事会要求的人员以外，公 司有权依法拒绝其他人士入场。为确认出席股东大会的股东或其他出席者的出席 资格，会议工作人员将对出席会议者的身份进行必要的核对工作，请被核对者予 以配合。 三、出席会议的股东及股东代理人须在会议召开前 30 分钟到会议现场办理 签到手续，并按规定出示身份证原件、法人营业执照副本复印件（加盖公章）、 股票账户卡原件、授权委托书原件（法定代表人/ ...

Core Insights - The transportation information technology industry in China is experiencing continuous growth, with a market size reaching 219.67 billion yuan in 2023, projected to be approximately 243.75 billion yuan in 2024, and expected to exceed 260 billion yuan in 2025 [12][21] - The advancement of technologies such as 5G, IoT, and AI is driving the expansion of the transportation information market, enhancing system intelligence and operational efficiency [12][22] Industry Definition and Classification - Transportation information technology refers to the comprehensive upgrade and transformation of transportation systems using modern information technologies (e.g., IoT, big data, AI, 5G) to improve efficiency, safety, sustainability, and user experience [1] Industry Chain Analysis - The industry chain includes upstream hardware suppliers and software providers, midstream solution providers, and downstream operational enterprises and end-users, all collaborating closely to drive intelligent, green, and integrated upgrades [3] Development History - The industry has evolved over three decades from basic electronic systems to a fully intelligent ecosystem, with significant milestones in digitalization, data sharing, and the integration of advanced technologies [5] Current Industry Status - The market size of the transportation information technology industry is expanding, driven by the application of new technologies, with 5G enhancing system intelligence and AI playing a crucial role in traffic flow prediction and intelligent scheduling [12][21] Key Enterprises Analysis - The industry features a competitive landscape with leading companies like Yihualu and Silver River Technology leveraging data assets and AI algorithms to dominate high-value scenarios, while regional players focus on localized services and vertical breakthroughs [14][19] Future Development Trends - Integrated development is a key trend, emphasizing the need for multi-modal transport information platforms to enhance logistics efficiency and reduce costs [21] - Technological innovation through the integration of IoT and AI is transforming traffic management and decision-making processes [22][23] - Enhancements in safety and emergency management through information technology are critical, focusing on network security and the integration of various information sources for effective emergency response [24]

一、持续督导工作概述 中信证券股份有限公司 关于南京莱斯信息技术股份有限公司 2024 年度持续督导跟踪报告 中信证券股份有限公司（以下简称"中信证券"或"保荐人"）作为南京莱 斯信息技术股份有限公司（以下简称"莱斯信息"或"公司"或"上市公司"） 首次公开发行股票并在科创板上市的保荐人。根据《证券发行上市保荐业务管理 办法》、《上海证券交易所科创板股票上市规则》等相关规定，中信证券履行持 续督导职责，并出具本持续督导年度跟踪报告。 （3）查阅公司与控股股东、实际控制人及其关联方的资金往来明细及相关 内部审议文件、信息披露文件，查阅会计师出具的 2024 年度审计报告、关于 2024 年度控股股东及其他关联方占用发行人资金情况的专项报告； 1 （4）查阅公司募集资金管理相关制度、募集资金使用信息披露文件和决策 程序文件、募集资金专户银行对账单、募集资金使用明细账、会计师出具的 2024 年度募集资金存放与使用情况鉴证报告； 1、保荐人制定了持续督导工作制度，制定了相应的工作计划，明确了现场 检查的工作要求。 2、保荐人已与公司签订保荐协议，该协议已明确了双方在持续督导期间的 权利义务，并报上海证券交易所备案。 ...

Investment Rating - The investment rating for the computer industry is "Buy" [2] Core Insights - The computer industry is experiencing a bottoming out of demand in 2024, with significant differences in structural performance across various segments. Companies are enhancing operational efficiency to cope with the challenges [6][14] - The median revenue growth rate for the industry in 2024 is -1.59%, a decrease of 4.88 percentage points from 2023. The median net profit growth rate is -2.24%, down 8.35 percentage points from the previous year [15] - The report highlights that while revenue and profit metrics are declining, the rate of decline is slowing, indicating potential for improvement in Q1 2025 [15][16] Summary by Sections 1. 2024 Annual Report: Bottoming Demand and Efficiency Improvements - The report analyzes the performance of 208 listed companies in the computer industry, revealing that the overall revenue growth is stabilizing, and profit margins are showing signs of recovery [14][15] - Different segments within the industry show varying performance, with IT hardware, trusted computing, and smart vehicle sectors demonstrating positive growth trends [16][28] 2. Demand Stabilization and Financial Indicators - The report notes that contract liabilities are beginning to improve, and accounts receivable growth is declining, indicating a more stable financial environment [23][24] - Cash inflows from sales of goods and services have significantly increased, reflecting a positive trend in operational cash flow [24] 3. Investment Activity and Valuation Levels - The report indicates an increase in net cash outflow from investment activities, suggesting an expansion trend among companies [26] - As of April 30, 2025, the industry’s price-to-earnings (P/E) ratio is 46 times, with software companies showing a higher P/E increase compared to hardware companies [19][20] 4. Key Areas of Investment Value - The report identifies several key areas with strong investment potential, including AI applications, domestic software and hardware replacements, and the smart driving industry [20][21] - The acceleration of domestic orders in trusted computing and the expansion of the Harmony OS ecosystem are expected to enhance the competitive edge of leading companies in the industry [20][21]