证券代码：688787 证券简称：海天瑞声 公告编号：2025-035 北京海天瑞声科技股份有限公司 股东减持股份结果公告 本公司董事会、全体董事及相关股东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。 重要内容提示： 股东及其一致行动人持股的基本情况 本次减持计划实施前，北京海天瑞声科技股份有限公司（以下简称"公司"） 控股股东、实际控制人贺琳及其一致行动人宁波中毅安创业投资合伙企业(有限 合伙)（以下简称"中毅安"）分别持有公司股份 12,137,615 股、6,935,780 股， 分别占公司股份总数的 20.1203%、11.4973%。贺琳和中毅安具有一致行动关系， 合计持有公司股份 19,073,395 股，占公司股份总数的 31.6176%。上述股份来源 为公司首次公开发行前取得及公司实施资本公积转增股本，已于 2024 年 8 月 13 日全部上市流通。 宁波丰琬创业投资合伙企业（有限合伙）（以下简称"宁波丰琬"）持有公 司股份 2,033,324 股，占公司股份总数的 3.3706%。上述股份来源为公司首次公 开发行前取得及 ...

Group 1 - The core point of the news is that Haitan Ruisheng experienced significant trading activity on September 30, with a total of 84,800 shares traded at a price of 105.00 yuan, representing an 18.61% discount compared to the closing price of the day [2][3] - Over the past three months, Haitan Ruisheng has recorded a total of 46 block trades, amounting to 188 million yuan [2] - The closing price of Haitan Ruisheng on the day was 129.01 yuan, reflecting an increase of 8.60%, with a turnover rate of 8.81% and a total trading volume of 677 million yuan [2] Group 2 - The latest margin financing balance for Haitan Ruisheng is 340 million yuan, which has increased by 21.49 million yuan over the past five days, marking a growth of 6.76% [3] - The company, Beijing Haitan Ruisheng Technology Co., Ltd., was established on May 11, 2005, with a registered capital of 60.32518 million yuan [3] - Detailed statistics of the block trades on September 30 show two transactions, with the first involving 55,000 shares for 5.775 million yuan and the second involving 29,800 shares for 3.1323 million yuan, both at a price of 105.00 yuan [3]

Group 1 - On September 30, Haitan Ruisheng executed a block trade of 84,800 shares, with a transaction amount of 8.9073 million yuan, accounting for 1.3% of the total transaction volume for the day [1] - The transaction price was 105 yuan, which represents an 18.61% discount compared to the market closing price of 129.01 yuan [1]

Core Insights - HaiTian RuiSheng has been collaborating with Alibaba for over ten years, providing essential training data products and solutions in key AI fields such as intelligent voice, computer vision, and natural language processing [1] Group 1 - Alibaba has significantly increased its investment in high-quality, multilingual training data to support its AI strategy [1] - HaiTian RuiSheng has become an important data supplier for Alibaba due to its comprehensive advantages in multilingual data resources, specialized data processing technology, and high-standard quality systems [1]

8月末，海天瑞声交出亮眼半年报，其净利润同比增长高达813.65%。对此，海天瑞声CEO李科在#凤凰 湾区财经论坛2025#上表示，公司业绩的强劲增长主要归因于DeepSeek等大模型催生的全球性数据需 求，尤其在思维链（Chain-of-Thought） 和多模态数据领域，海天瑞声凭借深厚储备实现国内外市场双 线增长。 他指出，具身智能的数据难题远超自动驾驶，主要体现在多传感器（触觉、听觉等）的同步融合、动作 分解的标准缺乏业界共识以及数据质量标准难以界定等方面。为解决这些难题，海天瑞声正在筹建多元 异构、多本体的"具身智能数据训练场"，通过让不同机器人在同一场景交互来采集数据。同时，公司积 极在国内外接触机器人公司，寻求商业闭环。 凤凰网财经讯 9月23-24日，由凤凰卫视、凤凰网主办的"凤凰湾区财经论坛2025"在广州举行。本届论坛 以"新格局·新路径"为主题，汇聚全球政商学界精英，共同洞察变局脉络、探寻发展新机。 此外，当大模型从数字世界走向物理世界，"具身智能"被视为AI的下一重要载体。李科表示，海天瑞声 已开始在该领域前瞻性布局，以应对其带来的独特数据挑战。 对于人形机器人进入家庭场景的时间，李科 ...

Core Viewpoint - The company, Haitan Ruisheng (688787.SH), announced a significant reduction in shareholding by major shareholders, indicating a shift in ownership dynamics and potential implications for investor sentiment [1] Shareholding Changes - On September 25, 2025, shareholder He Lin reduced his stake by 179,000 shares, representing 0.30% of the total share capital [1] - From August 27 to September 25, 2025, Zhongyi An sold 116,710 shares through centralized bidding, accounting for 0.19% of the total share capital [1] - Between September 11 and September 25, 2025, Zhongyi An further reduced its holdings by 421,000 shares via block trading, which is 0.70% of the total share capital [1] - The total reduction by He Lin and Zhongyi An amounted to 716,710 shares, or 1.19% of the total share capital, decreasing their combined ownership from 30.00% to 28.81% [1]

持股 5%以上股东权益变动触及 1%刻度的提示性公告 贺琳及其一致行动人宁波中毅安创业投资合伙企业(有限合伙)保证向本公司提供 的信息真实、准确、完整，没有虚假记载、误导性陈述或重大遗漏。 1.身份类别 北京海天瑞声科技股份有限公司关于 | | ☑控股股东/实际控制人及其一致行动人 | | --- | --- | | 投资者及其一致行动人的身份 | □其他 5%以上大股东及其一致行动人 | | | □合并口径第一大股东及其一致行动人（仅适用 | | | 于无控股股东、实际控制人） | 本公司董事会及全体董事保证公告内容与信息披露义务人提供的信息一致。 证券代码：688787 证券简称：海天瑞声 公告编号：2025-034 一、 信息披露义务人及其一致行动人的基本信息 三、 其他说明 1、本次权益变动为公司股东贺琳及一致行动人中毅安履行此前披露的股份 减持计划所致，不触及要约收购。 2、本次权益变动不存在违反《中华人民共和国证券法》《上市公司收购管 理办法》等法律法规、上海证券交易所业务规则等相关规定情形及信息披露义务 人相关承诺的情况。 2.信息披露义务人信息 | 信息披露义务人名称 | | 投资者身份 | ...

Group 1 - The stock of Beijing Haitai Ruisheng Technology Co., Ltd. fell by 5.04% on September 26, trading at 120.29 CNY per share with a transaction volume of 177 million CNY and a turnover rate of 2.39%, resulting in a total market capitalization of 7.257 billion CNY [1] - The company, established on May 11, 2005, and listed on August 13, 2021, specializes in the research, design, production, and sales of AI training data. Its main business revenue composition includes: intelligent voice at 44.13%, computer vision at 40.02%, natural language at 13.90%, and application services at 1.95% [1] Group 2 - According to data from the top ten heavy stocks of funds, one fund under Xinda Australia has a significant holding in Haitai Ruisheng. The Xinao Ju You Zhi Xuan Mixed A Fund (017648) held 9,314 shares in the second quarter, accounting for 3.39% of the fund's net value, ranking as the tenth largest heavy stock [2] - The Xinao Ju You Zhi Xuan Mixed A Fund (017648) was established on January 19, 2023, with a latest scale of 12.7066 million CNY. Year-to-date returns are 31.71%, ranking 3049 out of 8171 in its category; the one-year return is 89.27%, ranking 838 out of 8004; and since inception, the return is 23.69% [2] - The fund manager, Xu Cong, has been in position for 2 years and 318 days, with total assets under management of 716 million CNY. The best fund return during his tenure is 19.28%, while the worst is 3.19% [2]

Core Insights - The overall AI penetration rate in China remains relatively low, indicating significant growth potential for the industry as policies are implemented and model capabilities continue to evolve [5] - The current market focus is on AI-related hardware, with a lack of explosive products and clear business models in the downstream applications, leading to insufficient visibility in company performance [5] - The Sci-Tech Innovation AI ETF (588790) has shown significant growth in both scale and shares, reflecting strong investor interest in the AI sector [6][6] Event Updates - JD.com has entered the "mass production phase" of AI applications, launching three major AI products and showcasing four application scenarios at its global technology conference [4] - China has added three U.S. companies to its export control list and another three to its unreliable entity list, indicating ongoing regulatory tensions [4] ETF Performance - The Sci-Tech Innovation AI ETF has seen a recent decline of 1.72%, with a weekly increase of 4.19% as of September 25, 2025 [3] - The ETF has a turnover rate of 2.43% and a transaction volume of 171 million yuan, ranking first among comparable funds in terms of average monthly trading volume [3] Industry Developments - Over 70% of China's energy state-owned enterprises have integrated Alibaba's AI technology, covering a wide range of sectors including electricity, oil, and coal [4] - Intel showcased its next-generation Xeon processors at the 2025 Cloud Summit, utilizing new manufacturing processes and advanced packaging technologies to enhance performance and efficiency [4] Market Composition - The top ten weighted stocks in the Sci-Tech Innovation AI Index account for 71.66% of the index, with companies like Cambricon and Lanke Technology leading the list [7] - The ETF closely tracks the Sci-Tech Innovation AI Index, which includes 30 large-cap companies providing essential resources and technology for the AI industry [6]

Summary of Key Points Core Viewpoint - The recent large-scale trading activity of Haitai Ruisheng indicates significant institutional interest, with a notable discount on the trading price compared to the market closing price, suggesting potential investment opportunities [2][3]. Trading Activity - On September 25, Haitai Ruisheng recorded 12 large transactions on the trading platform, totaling 361,500 shares and a transaction value of 37.23 million yuan, with a trading price of 103.00 yuan, reflecting an 18.69% discount from the closing price [2]. - Over the past three months, the stock has seen a total of 44 large transactions, amounting to 179 million yuan [3]. Market Performance - The closing price of Haitai Ruisheng on the same day was 126.68 yuan, marking a 3.65% increase, with a daily turnover rate of 6.69% and a total transaction volume of 513 million yuan [3]. - The stock has experienced a cumulative increase of 2.28% over the past five days, despite a net outflow of 14.57 million yuan in funds during the same period [3]. Financing Data - The latest margin financing balance for Haitai Ruisheng stands at 319 million yuan, showing a decrease of 7.21 million yuan, or 2.21%, over the past five days [4].