上海证券交易所： 中信证券股份有限公司（以下简称"中信证券"或"组织券商"）受委托担任马学 军（以下简称"转让方"）以向特定机构投资者询价转让（以下简称"询价转让"）方 式减持所持有的深圳市倍轻松科技股份有限公司（以下简称"公司"或"倍轻松"）首 次公开发行前已发行股份的组织券商。 中信证券股份有限公司 关于深圳市倍轻松科技股份有限公司 股东向特定机构投资者询价转让股份的核查报告 （二）本次询价转让数量 | 转让股东名称 | 转让股份数量（股） | 占总股本比例 | 占所直接持有股份比例 | 转让股份来源 | | --- | --- | --- | --- | --- | | 马学军 | 2,552,579 | 2.97% | 7.34% | 首发前股份 | 本次拟询价转让股数上限为 2,552,579 股，最终实际转让股数为 2,552,579 股，受让 方获配后，本次询价转让情况如下： （三）转让方式 经核查，中信证券就本次询价转让的股东、受让方是否符合《上海证券交易所科创 板上市公司自律监管指引第 4 号——询价转让和配售（2025 年 3 月修订）》（以下简 称"《询价转让和配售指引》"）要求，本次询 ...

Core Viewpoint - The company Beike (688793.SH) has successfully integrated the Doubao large model into its products through collaboration with Volcano Engine cloud services, enhancing its product intelligence [1] Group 1 - The company is leveraging cloud services from Volcano Engine for its operations [1] - The integration of the Doubao large model is aimed at injecting new intelligent capabilities into the company's products [1]

深圳市倍轻松科技股份有限公司 证券代码：688793 证券简称：倍轻松 公告编号：2025-076 关于召开 2025 年第三季度业绩说明会的公告 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： https://roadshow.sseinfo.com/） 会议召开方式：上证路演中心网络互动 投资者可于 2025 年 11 月 25 日 （星期二） 至 12 月 01 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 或通过深圳市倍轻松科技股份有限公司（以下简称"公司"）邮箱 ir@breo.com 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 10 月 29 日发布公司 2025 年第三季度报告，为 便于广大投资者更全面深入地了解公司 2025 年第三季度经营成果、 财务状况，公司计划于 2025 年 12 月 02 日 （星期二） 15:00-16:00 举行 2025 年第三季度业绩说明会，就投资者关心的问题进行交流。 一、 说明会类型 ...

证券代码：688793 证券简称：倍轻松 公告编号：2025-075 深圳市倍轻松科技股份有限公司 股东询价转让定价情况提示性公告 股东马学军保证向深圳市倍轻松科技股份有限公司（以下简称"公司"）提 供的信息内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其真实性、 准确性和完整性依法承担法律责任。 本公司及董事会全体成员保证公告内容与信息披露义务人提供的信息一致。 重要内容提示： 根据 2025 年 11 月 17 日询价申购情况，初步确定的本次询价转让价格为 25.35 元/股。 一、本次询价转让初步定价 （二）参与本次询价转让报价的机构投资者家数为 17 家，涵盖了基金管理 公司、证券公司、合格境外投资者、私募基金管理人等专业机构投资者。参与本 次询价转让报价的机构投资者合计有效认购股份数量为 5,699,000 股，对应转让 底价的有效认购倍数为 2.23 倍。 （三）本次询价转让拟转让股份已获全额认购，初步确定受让方为 9 家机构 投资者，拟受让股份总数为 2,552,579 股。 二、风险提示 （一）本次询价转让受让方及受让股数仅为初步结果，尚存在拟转让股份被 司法冻结、扣划等风险。询价转让的 ...

Market Overview - The small home appliance sector experienced a decline of 1.01% on November 17, with ST Dehao leading the drop [1] - The Shanghai Composite Index closed at 3972.03, down 0.46%, while the Shenzhen Component Index closed at 13202.0, down 0.11% [1] Stock Performance - Notable gainers in the small appliance sector included: - Lek Electric (603355) with a closing price of 29.09, up 2.68% on a trading volume of 57,000 shares and a turnover of 163 million yuan [1] - Supor (002032) closed at 49.81, up 1.14% with a trading volume of 28,400 shares and a turnover of 141 million yuan [1] - Other stocks showed mixed performance, with some experiencing slight declines, such as: - Kewo (603486) closed at 80.50, down 1.01% on a trading volume of 33,800 shares and a turnover of 272 million yuan [1] Capital Flow - The small home appliance sector saw a net outflow of 148 million yuan from institutional investors, while retail investors had a net inflow of 170 million yuan [2] - The capital flow for specific stocks indicated: - Supor (002032) had a net outflow of 43.21 million yuan from institutional investors [3] - Stone Technology (688169) recorded a net inflow of 15.83 million yuan from institutional investors [3]

Core Viewpoint - The company has announced a preliminary pricing of 25.35 yuan per share for its inquiry transfer based on the subscription situation as of November 17, 2025, indicating strong interest from institutional investors [1] Group 1: Inquiry Transfer Details - A total of 17 institutional investors participated in the inquiry transfer, including fund management companies, securities firms, qualified foreign institutional investors, and private equity managers [1] - The total number of shares effectively subscribed by participating institutional investors reached 5.699 million shares, with an effective subscription multiple of 2.23 times the transfer base price [1] - The shares intended for transfer have been fully subscribed, with the preliminary determined transferees being 9 institutional investors, who will collectively acquire 2.5526 million shares [1]

Group 1 - The core point of the news is that the controlling shareholder of Beike (688793.SH), Ma Xuejun, plans to transfer 2,552,579 shares, representing 2.97% of the total share capital, through a price inquiry transfer organized by CITIC Securities [1] - The estimated amount of the share transfer is approximately 77.65 million yuan, based on the closing price of 30.42 yuan on November 14 [1] - The transfer will not occur through centralized bidding or block trading, and the transferee will be institutional investors with appropriate pricing capabilities and risk tolerance [1] Group 2 - Beike's net profit excluding non-recurring items for the years 2022, 2023, 2024, and the first three quarters of 2025 were -130 million yuan, -55.99 million yuan, -327.69 yuan, and -66.67 million yuan respectively [2] - Beike was listed on the Shanghai Stock Exchange's Sci-Tech Innovation Board on July 15, 2021, with an initial public offering of 15.41 million shares at a price of 27.40 yuan per share, raising a total of 422 million yuan [3] - The company did not distribute cash dividends or bonus shares for the 2022 fiscal year, opting instead to increase capital by transferring 4 shares for every 10 shares held from the capital reserve [4]

Investment Rating - The overall industry rating is positive, expecting returns to exceed the CSI 300 index by more than 5% in the next six months [33] Core Insights - The computer industry index fell by 3.03% during the week of November 10-16, 2025, ranking 29th among 31 first-level industries, but has risen 18.24% year-to-date, outperforming the CSI 300 index by 0.62 percentage points [3][27] - OpenAI launched the GPT-5.1 series flagship model, focusing on enhancing user experience and conversation engagement, with two models: GPT-5.1 Instant for daily interactions and GPT-5.1 Thinking for advanced reasoning [4][11] - Alibaba and Tencent are actively developing AI intelligent agents, with Alibaba's "Qianwen" project aiming to compete directly with ChatGPT, and Tencent planning to introduce an AI agent within WeChat to assist users [15][17] - Kimi K2 Thinking, a new generation of open-source thinking agent, has achieved significant advancements in reasoning and tool usage capabilities, outperforming other models in various benchmarks [20][23] Summary by Sections Industry Key Events Review - OpenAI released GPT-5.1, optimizing user experience with enhanced models for different interaction types [11] - Alibaba initiated the "Qianwen" project to create a personal AI assistant, leveraging its leading position in the open-source model market [15] - Tencent is exploring AI capabilities within WeChat, aiming to enhance user task completion through AI [17] Market Review - The computer industry index decreased by 3.03% for the week, but has increased by 18.24% since the beginning of the year, outperforming the CSI 300 index [27] - The top five gainers in the computer industry for the week included Haixia Innovation (+33.1%) and Yingfang Software (+19.3%), while the top five losers included Fangzhi Technology (-19.91%) and Chunzong Technology (-17.43%) [29][31] Investment Recommendations - The report recommends focusing on companies like Kingsoft Office, Feng Assistant, and Yonyou Network, as well as those involved in AI applications and computing power demands, such as Haiguang Information and Lenovo Group [5][31]

Core Viewpoint - The company Beiqingsong, primarily engaged in massage devices, is facing significant shareholder sell-offs, including a planned reduction by its actual controller Ma Xuejun, which raises concerns about the company's financial health and stock performance [1][4][11]. Group 1: Shareholder Actions - Ma Xuejun, the controlling shareholder and chairman, plans to reduce his holdings by 2.97%, amounting to approximately 7.8 million yuan based on the latest closing price, citing personal financial needs [1]. - Prior to Ma's announcement, other shareholders, including the fourth largest shareholder and employee stock ownership plans, have also initiated sell-off plans earlier this year [4][9]. - The company’s employee stock ownership platform, Ningbo Beirun, has terminated its agreement with Ma, allowing for potential future sell-offs without prior notice [4][11]. Group 2: Financial Performance - Beiqingsong went public on the Sci-Tech Innovation Board in July 2021 but has since experienced substantial losses, contrasting sharply with its previous high growth rates [4][25]. - The company reported a revenue decline of 24.69% in 2022, with a net loss of 124 million yuan, and continued losses in subsequent years, including over 60 million yuan in the first three quarters of 2025 [25][27]. - The stock price peaked on the first day of trading at 131.78 yuan but has since plummeted by approximately 81.75%, currently trading at 30.42 yuan, with a market capitalization of 2.614 billion yuan [28][31]. Group 3: Company Background - Beiqingsong specializes in the design, research, production, and sales of smart portable massage devices, claiming to be a leader in the domestic market [16]. - The company experienced rapid growth prior to its IPO, with revenues increasing from 229 million yuan in 2013 to 1.19 billion yuan in 2021, but has struggled to maintain this momentum post-IPO [25][26].

登录新浪财经APP 搜索【信披】查看更多考评等级 证券代码：688793 证券简称：倍轻松公告编号：2025-074 深圳市倍轻松科技股份有限公司 股东询价转让计划书 股东马学军保证向深圳市倍轻松科技股份有限公司提供的信息内容不存在任何虚假记载、误导性陈述或 者重大遗漏，并对其真实性、准确性和完整性依法承担法律责任。 本公司及董事会全体成员保证公告内容与信息披露义务人提供的信息一致。 重要内容提示： ● 拟参与深圳市倍轻松科技股份有限公司（以下简称"倍轻松"、"公司"）首发前股东询价转让（以下简 称"本次询价转让"）的股东为马学军（以下简称"出让方"）； ● 出让方拟转让股份的总数为2,552,579股，占倍轻松总股本的比例为2.97%； （一）出让方的名称、持股数量、持股比例 出让方委托中信证券股份有限公司（以下简称"中信证券"）组织实施本次询价转让。截至2025年11月14 日，出让方直接持有首发前股份的数量、占公司总股本比例情况如下： ■ （二）关于出让方是否为公司控股股东、实际控制人、持股5%以上的股东、董事、高级管理人员 本次询价转让的出让方马学军为倍轻松的控股股东、实际控制人并担任倍轻松的董事长、 ...