登录新浪财经APP 搜索【信披】查看更多考评等级 每经AI快讯，12月25日，倍轻松（688793.SH）公告称，公司及实际控制人马学军于2025年12月25日收 到中国证监会下发的《立案告知书》，因涉嫌信息披露违法违规，根据相关法律法规，中国证监会决定 对公司及实际控制人马学军立案。目前公司经营活动正常，立案调查期间将积极配合相关工作并履行信 息披露义务。 登录新浪财经APP 搜索【信披】查看更多考评等级 每经AI快讯，12月25日，倍轻松（688793.SH）公告称，公司及实际控制人马学军于2025年12月25日收 到中国证监会下发的《立案告知书》，因涉嫌信息披露违法违规，根据相关法律法规，中国证监会决定 对公司及实际控制人马学军立案。目前公司经营活动正常，立案调查期间将积极配合相关工作并履行信 息披露义务。 ...

涉案的金额：人民币 1,000 万元（不包含原告关于诉讼费用的诉讼请 求金额） 是否会对上市公司损益产生负面影响：本次被诉侵权产品非公司近期 核心产品及公司新近推出的产品，亦非公司近期市场热销及主要营收贡献产 品。本次诉讼发生后，公司整体经营运行正常，未受到实质性影响。鉴于该 诉讼案件尚未开庭审理，案件的诉讼金额及其他请求仅为原告单方提起诉讼 主张的请求金额或其他请求，不代表法院审理结果，最终的判决结果尚不确 定，最终实际影响需以法院生效判决结果为准。公司将根据相关诉讼进展情 况及时履行信息披露义务，敬请投资者注意投资风险。 一、本次诉讼的基本情况 近日，深圳市倍轻松科技股份有限公司（以下简称"公司"或"倍轻松"） 及公司子公司北京倍轻松科技开发有限公司（以下简称"北京倍轻松"）收到北 京知识产权法院对倍轻松及北京倍轻松的《民事起诉状》等相关材料。 证券代码：688793 证券简称：倍轻松 公告编号：2025-081 深圳市倍轻松科技股份有限公司 关于涉及诉讼的公告 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 ...

Core Viewpoint - The company and its subsidiary, Beijing Beilingsong Technology Development Co., Ltd., have received a civil lawsuit from Daido Electric Industry Co., Ltd., claiming patent infringement and seeking damages totaling 10 million yuan [1] Group 1 - The lawsuit demands the defendants to immediately cease the infringement of the involved invention patent rights [1] - The company asserts that the infringing products are non-core products and that its operations remain normal without substantial impact [1] - The case has not yet gone to trial, and the final outcome remains uncertain [1]

此外，为提高募集资金的使用效率，在确保不影响公司募投项目建设实施、募集资金使用计划和保证安 全的情况下，募集资金存放期间产生了部分存款利息收入，公司亦通过对闲置募集资金进行现金管理获 得了一定的投资收益，从而节余了部分募集资金。 北京商报讯（记者 马换换 李佳雪）12月22日晚间，倍轻松（688793）披露公告称，公司于12月19日召 开了第六届董事会第十九次会议，第六届董事会审计委员会第九次会议，审议通过了《关于部分募投项 目结项并将节余募集资金永久补充流动资金的议案》，同意公司将"研发中心升级建设项目"予以结项， 并将节余募集资金永久补充流动资金。 对于节余的原因，倍轻松表示，公司在保证项目质量和控制实施风险的前提下，对项目中各细项最大化 的采取了更加节约成本的方案，加强了项目建设各个环节费用的控制、监督和管理，对各项资源的合理 调度和优化配置的一系列措施大大降低了项目的成本和费用，形成了资金节余。 公告显示，研发中心升级建设项目募集资金承诺使用金额为8801.08万元，实际使用为7555.02万元，节 余募集资金金额为1921.04万元（包含利息674.98万元）。 ...

Group 1 - The company announced the conclusion of the "R&D Center Upgrade Project" and the permanent allocation of surplus fundraising to supplement working capital [1] - The surplus amount is 19.21 million yuan, which includes interest of 6.75 million yuan [1]

Core Viewpoint - The company announced the completion of its "R&D Center Upgrade Project" on December 19, 2025, with a commitment to use raised funds of 88.01 million yuan, of which 75.55 million yuan was actually utilized, resulting in a surplus of 19.21 million yuan, including interest of 6.74 million yuan [1] Fund Utilization - The actual fund usage was 75.55 million yuan, which is lower than the committed amount of 88.01 million yuan [1] - The surplus of 19.21 million yuan was attributed to cost-saving measures, enhanced expense control, and effective cash management [1] Future Plans - The company plans to permanently supplement its working capital with the surplus funds, a proposal that has been approved by the board of directors and does not require shareholder meeting approval [1] Endorsement - The sponsoring institution considers the arrangement reasonable and has no objections [1]

国投证券股份有限公司 关于深圳市倍轻松科技股份有限公司 部分募投项目结项并将节余募集资金永久补充流动资金 的核查意见 国投证券股份有限公司（以下简称"国投证券"、"保荐机构"）作为深圳 市倍轻松科技股份有限公司（以下简称"倍轻松"或"公司"）首次公开发行股 票并在科创板上市的保荐机构，根据《上市公司募集资金监管规则》《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》等有关规定的要求，对倍轻松研发中心升级建设项目节余募 集资金使用规划事项进行了核查，具体情况如下： 一、募集资金基本情况 根据中国证券监督管理委员会出具的《关于同意深圳市倍轻松科技股份有限 公司首次公开发行股票注册的批复》（证监许可〔2021〕1965 号），公司首次向 社会公众公开发行人民币普通股（A 股）1,541 万股，每股面值 1 元，每股发行 价格为人民币 27.40 元，募集资金总额为人民币 422,234,000.00 元，扣除承销及 保荐费用、发行登记费以及其他发行费用共计人民币 63,323,585.91 元后，本次 募集资金净额为 358,910,414.09 元。上述资金已 ...

证券代码：688793 证券简称：倍轻松 公告编号：2025-080 深圳市倍轻松科技股份有限公司 关于部分募投项目结项并将节余募集资金 永久补充流动资金的公告 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： 本次结项的募投项目名称：研发中心升级建设项目 本次节余金额为 1,921.04 万元（包含利息 674.98 万元），下一步使 用安排是结合公司实际经营情况，为提高募集资金的使用效率，提升公司经 济效益，公司拟将结项募集资金投资项目的节余募集资金永久补充流动资金 （实际节余金额以资金转出当日募集资金专户余额为准），用于公司日常生产 经营活动。 一、募集资金基本情况 经中国证券监督管理委员会证监许可〔2021〕1965 号文核准，并经上海证 券交易所同意，本公司由主承销商国投证券股份有限公司采用询价方式，向社会 公众公开发行股份人民币普通股(A 股)股票 15,410,000 股，发行价为每股人民 币 27.40 元，共计募集资金 422,234,000.00 元，坐扣不含税承销和保荐费用 31,556,3 ...

Core Viewpoint - The company announced the completion of a fundraising project and plans to permanently supplement its working capital with the remaining funds [1] Group 1: Project Completion - The company held its sixth board meeting on December 19, 2025, where it approved the conclusion of the "Research and Development Center Upgrade Project" [1] - The project has been completed and is in a usable state as of the announcement date [1] Group 2: Financial Details - The total investment commitment for the project was 88.01 million yuan, while the actual cumulative investment was 75.55 million yuan [1] - The remaining funds amount to 19.21 million yuan, which includes interest of 6.75 million yuan [1] Group 3: Fund Allocation - The company intends to permanently allocate the remaining funds to its working capital, with the actual amount based on the balance of the special account on the transfer date [1] - After the transfer of the remaining funds to its own account, the company will cancel the related fundraising special account and terminate the associated regulatory agreements [1]

Core Insights - Global technology investment enthusiasm remains high in 2025, but there is a structural differentiation characterized by "strong computing power, weak applications" [3] - Major global tech giants are significantly increasing capital expenditures, benefiting upstream computing chips and supporting hardware, while the computer/software sector faces three pressures: 1) Software companies' performance growth is overall lower than that of the computing chain; 2) Software company valuations are not cheap compared to hardware; 3) Concerns about "large models consuming software" continue to grow [3] - By Q3 2025, domestic public funds are underweight in the computer sector by 1.7 percentage points [10] Market Review: AI Applications' Concerns and Breakthroughs - The performance of the computer/software sector in both China and the US has been weak, with software and service-focused indices significantly underperforming hardware and semiconductor indices [5] - As of December 12, 2025, the A-share computer index has risen by 15.15%, lagging behind the 49.16% increase in the ChiNext index and the 45.90% increase in the electronic index [5] - In the US market, the IGV software index has only increased by 7.84%, underperforming the 22.52% rise in the Nasdaq Composite and the 39.75% increase in the SOXX semiconductor index [5] Opportunities in Chinese AI Applications 1. Deepening Industrial Applications - China possesses the world's only complete industrial system, providing high-value real-world data, application scenarios, and energy supply, which will foster diverse agent forms [27] - The construction of a modern industrial system is prioritized in the "14th Five-Year Plan," with expectations for intensive policy support for "Artificial Intelligence+" during this period [39] 2. Expanding Overseas - AI application teams in China can leverage "extreme efficiency + global pricing" arbitrage, with the engineer dividend in China continuing to expand [3] - Many computer companies prioritize overseas strategies, with overseas revenue growth generally outpacing domestic growth [64] 3. Reconstructing Edge AI - Internet giants and AI startups are actively exploring edge forms in the AI era, integrating deeply with existing consumer electronics and developing new AI-native hardware [3] - The shipment volume of related products is expected to have high growth potential as hardware and algorithms mature [3] Investment Recommendations - Focus on companies with industry know-how and data for industrial empowerment, such as Hikvision, Dahua Technology, and Han's Laser [3] - Prioritize AI application companies with high overseas revenue proportions, including Foxit Software and Kingsoft Office [3] - Pay attention to AI hardware brands and algorithm vendors benefiting from the emergence of blockbuster products, such as Rainbow Soft and iFlytek [3]