Dividend and Profit Distribution - The company plans to distribute a cash dividend of 1.20 CNY per 10 shares to all shareholders, based on a total of 1,137,959,234 shares[4]. - The board of directors has approved the profit distribution plan, which does not include any bonus shares or capital reserve transfers[4]. Financial Performance - The company's operating revenue for 2024 reached ¥67,389,424,494, representing a year-on-year increase of 19.73% compared to ¥56,283,718,641 in 2023[19]. - The net profit attributable to shareholders for 2024 was ¥329,726,273.71, a slight increase of 0.03% from ¥329,641,229.16 in 2023[19]. - The net cash flow from operating activities improved by 25.25%, totaling ¥820,791,360.47 in 2024 compared to ¥655,307,988.03 in 2023[19]. - Total assets increased by 24.40% to ¥70,306,974,766 in 2024 from ¥56,518,387,860.33 in 2023[20]. - The company's net assets attributable to shareholders rose to ¥6,494,762,605.5, reflecting a 0.09% increase from ¥6,488,818,048.97 in 2023[20]. - The basic earnings per share for 2024 was ¥0.2898, a marginal increase of 0.03% from ¥0.2897 in 2023[19]. - The company reported a significant decline of 87.92% in net profit excluding non-recurring gains and losses, down to ¥8,285,336.92 from ¥68,582,960.48 in 2023[19]. - The weighted average return on equity for 2024 was 5.07%, a decrease of 0.22% from 5.29% in 2023[19]. Risk Management and Compliance - The company emphasizes that forward-looking statements regarding future plans and strategies do not constitute a commitment to investors, highlighting potential risks[4]. - The report indicates that the company is committed to transparency and compliance with regulatory requirements[4]. - The annual report includes a section on management discussion and analysis, detailing potential risks the company may face[4]. Corporate Governance - The company has established a sound corporate governance structure, ensuring compliance with relevant laws and regulations[172]. - The company maintains complete independence from its controlling shareholders in business, personnel, assets, institutions, and financial aspects[174]. - The company has implemented strict insider information management and trading prevention measures[173]. - The company has not received any administrative regulatory measures from supervisory authorities during the reporting period[172]. Research and Development - The company has applied for 541 new patents and obtained 260 authorized patents, including its first international PCT patent, indicating a strong focus on technological innovation[73]. - R&D investment increased by 15.22% from ¥1,855,048,384.72 in 2023 to ¥2,137,329,770.30 in 2024, while the ratio of R&D investment to operating revenue slightly decreased from 3.30% to 3.17%[117]. - The amount of capitalized R&D investment surged by 241.95% from ¥19,434,910.22 in 2023 to ¥66,457,787.45 in 2024, raising the capitalized R&D investment ratio from 1.05% to 3.11%[117]. Market Expansion and Strategic Initiatives - The company is actively pursuing market expansion strategies, including potential mergers and acquisitions to enhance its competitive position[149]. - The company aims to optimize its business layout and expand into overseas markets, focusing on Southeast Asia and beyond[158]. - The company plans to enter new markets, targeting a revenue contribution of L million from these initiatives within the next two years[187]. Technology and Product Development - The company is committed to advancing technology innovation and product development to meet downstream user needs and promote digital transformation[45]. - The company launched several core products, including CECSTACK V5.2 and CeaSphere V5.2.0, enhancing its cloud computing and storage capabilities[48]. - The company is focusing on the development of cloud-native technologies to enhance data security and privacy protection, addressing stringent requirements from government and state-owned enterprises[110]. Environmental Sustainability - The company has successfully completed the verification and assessment of 179,000 tons of carbon asset transactions, showcasing its commitment to environmental sustainability[70]. - The company achieved a 10% reduction in operating costs through its new wastewater treatment technology, which stabilizes fluoride concentration below required levels[113]. - The company is expanding its business in the environmental sector by developing microbial nutrient products tailored for biochemical wastewater treatment[114]. Financial Management and Investments - The company reported a net profit contribution from the sale of significant assets amounting to 4,639 million yuan, which represents 9.83% of the total net profit[149]. - The company has completed the sale of 100% equity in a subsidiary, which is expected to have a minor impact on overall revenue[149]. - The company is currently undergoing a significant asset sale process, with the transaction expected to be finalized by April 30, 2024[149]. Shareholder Engagement - The company held multiple investor meetings, with a total of 42 participants in January 2024 and 101 participants in August 2024[169]. - The first temporary shareholders' meeting in January 2024 had an investor participation rate of 37.23%[177]. - The annual shareholders' meeting in May 2024 had an investor participation rate of 38.04%[177].

Financial Performance - The company's operating revenue for Q1 2025 was ¥12,545,228,614.69, a decrease of 18.41% compared to ¥15,375,565,844.38 in the same period last year[4] - The net profit attributable to shareholders was -¥34,056,072.04, representing a decline of 299.68% from ¥17,054,946.08 year-on-year[4] - The basic earnings per share dropped to -¥0.0299, down 299.33% from ¥0.0150 in the previous year[4] - Total operating revenue decreased to ¥12,545,228,614.69 from ¥15,375,565,844.38, representing a decline of approximately 18.9% year-over-year[22] - The net profit for the current period is 18,769,013.78, a decrease of 84.7% compared to 122,707,687.69 in the previous period[23] - The total comprehensive income for the current period is 20,697,219.42, a decrease from 122,565,294.37 in the previous period[23] Assets and Liabilities - Total assets at the end of the reporting period were ¥68,053,817,126.79, a decrease of 3.20% from ¥70,306,974,766.69 at the end of the previous year[5] - Total assets decreased to ¥68,053,817,126.79 from ¥70,306,974,766.69, a decline of approximately 3.2%[19] - Total liabilities decreased to ¥55,647,529,629.53 from ¥57,912,812,626.79, a reduction of about 3.9%[19] - Non-current liabilities increased to ¥10,201,872,740.61 from ¥9,157,245,053.13, an increase of approximately 11.4%[19] Cash Flow - The company's cash flow from operating activities was -¥1,910,976,429.76, showing no significant change compared to -¥1,912,104,795.25 in the same period last year[9] - The net cash flow from operating activities is -1,910,976,429.76, slightly improved from -1,912,104,795.25 in the previous period[25] - Cash and cash equivalents at the end of the period were ¥10,160,006,437.68, down from ¥12,000,998,339.23, a decrease of about 15.4%[18] - The cash and cash equivalents at the end of the period stand at 8,601,618,013.04, an increase from 7,766,388,313.20 in the previous period[25] - The total cash inflow from financing activities is 2,350,544,515.28, down from 2,462,840,366.00 in the previous period[25] Shareholder Information - The total number of common shareholders at the end of the reporting period is 75,674[11] - The top 10 shareholders hold a combined 52.55% of the shares, with the largest shareholder, China Electric International Information Service Co., Ltd., holding 17.81%[11] - The company has a total of 202,650,154 shares held by its largest unrestricted shareholder, China Electric International Information Service Co., Ltd.[11] Investments and Capital Expenditures - The company plans to raise up to 2.5 billion RMB through a private placement to invest in operational cloud projects, distributed storage R&D, and a China Electronic Cloud R&D base[12] - The company has approved the purchase of a self-used R&D office space in Shijiazhuang, with an area of approximately 7,269 square meters and an investment of up to 100 million RMB[13] - The company intends to transfer 100% equity of China Electric Data Innovation (Beijing) Technology Co., Ltd. for a total price of 147.0696 million RMB to optimize its data innovation business layout[14] - The company has approved a capital reduction for its subsidiary, Shenzhen Zhongdian Sangfei Intelligent Lighting Technology Co., Ltd., involving a payment of up to 35.51 million RMB to the foreign shareholder[15] - The company plans to publicly transfer 80% equity of China Electric (Zibo) Energy Technology Development Co., Ltd. with a starting price of 144.59 million RMB[16] - The company has completed the transfer of equity and related business registration changes for the data innovation subsidiary[14] Operational Insights - The company's cash flow from operations showed a significant decrease, impacting liquidity and operational flexibility[22] - The company reported a significant increase in other comprehensive income attributable to minority shareholders, amounting to 52,425,509.15 compared to 104,811,371.24 in the previous period[23] - The company incurred a loss from asset impairment of -2,022,972.75, compared to -25,748,695.57 in the previous period, showing a significant reduction in losses[23] - The company plans to focus on market expansion and new product development to drive future growth[22]

深圳市福田区中心五路 18 号星河中心大厦 19 层 电话：0755-23993388 传真：0755-86186205 邮编：518048 北京国枫（深圳）律师事务所 关于深圳市桑达实业股份有限公司 2025 年第一次临时股东大会的 法律意见书 国枫律股字[2025]C0019 号 本所律师根据《中华人民共和国公司法》《中华人民共和国证券法》《股东 大会规则》《律师事务所从事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）》等相关法律、行政法规、规章、规范性文件的要求，按照 律师行业公认的业务标准、道德规范和勤勉尽责精神，对贵公司提供的有关文件 和有关事项进行了核查和验证，现出具法律意见如下： 致：深圳市桑达实业股份有限公司（贵公司） 北京国枫（深圳）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 2025 年第一次临时股东大会（以下简称"本次会议"）。 本所律师根据《中华人民共和国公司法》《中华人民共和国证券法》《上市 公司股东大会规则》（以下简称《股东大会规则》）、《律师事务所从事证券法律业 务管理办法》《律师事务所证券法律业务执业规则（试行）》等相关法律、行 ...

证券代码：000032 证券简称：深桑达 A 公告编号：2025-011 深圳市桑达实业股份有限公司 2025 年第一次临时股东大会决议公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、误导 性陈述或者重大遗漏。 特别提示： 1.本次股东大会没有否决提案。 （5）主持人：独立董事周浪波先生 （6）会议的召开符合《中华人民共和国公司法》《深圳证券交易所股票上 市规则》等有关法律、法规及《公司章程》的规定。 2. 会议的出席情况 2.本次股东大会无涉及变更前次股东大会决议的情形。 一、会议召开和出席情况 1. 会议召开情况 （1）召开时间：2025 年 4 月 17 日（星期四）下午 2:30。 网络投票起止时间：通过深圳证券交易所交易系统进行网络投票的具体时间 为 2025 年 4 月 17 日上午 9:15-9:25、9:30-11:30，下午 1:00-3:00；互联网投 票系统开始投票的时间为 2025 年 4 月 17 日上午 9:15，结束时间为 2025 年 4 月 17 日下午 3:00。 （2）召开地点：深圳市南山区科技路1号桑达科技大厦16楼会议室 （3）召开方式：现场 ...

Investment Rating - Industry rating: Recommended [5] Core Viewpoints - The ongoing tariff war between the US and China has intensified, with the US imposing a 34% tariff on Chinese imports, prompting China to respond with similar tariffs, which accelerates the domestic innovation and localization process in the technology sector [1][3][14] - The Chinese government emphasizes "technological self-reliance" as a core agenda, with policies aimed at enhancing key technology breakthroughs and increasing investment in basic research, which supports the growth of the domestic technology industry [2][26] - The tariff situation has led to significant market volatility, with the Chinese stock market experiencing a drop of over 7% in a single day, but state-owned enterprises have stepped in to stabilize the market through share buybacks and acquisitions [3][32] Summary by Sections 1. Changes in Foreign Tariff Policies - The US has implemented a "reciprocal tariff" policy, raising tariffs on Chinese goods, which has increased the cost of imported high-end components for the Chinese tech industry, particularly in hardware sectors like chips and servers [1][14][19] - The tariff war has created short-term challenges for the domestic innovation industry, but it also accelerates the push for domestic alternatives and self-sufficiency in technology [19][35] 2. Policy Promotion of Self-Reliance - The Chinese government has introduced measures to strengthen key technology research and optimize the layout of scientific research resources, aiming to create a trillion-level domestic innovation industry cluster by 2027 [2][28] - Local governments are also implementing supportive policies to promote domestic technology development, focusing on areas such as artificial intelligence and software ecosystems [28][30] 3. Corporate Actions and Domestic Tariff Responses - In response to the tariff war, state-owned enterprises have increased share buybacks to bolster market confidence, with 18 central enterprises taking action to stabilize the market [3][32] - The domestic chip market is benefiting from the increased prices of imported chips, highlighting the competitive advantage of domestic alternatives [3][31] 4. Investment Recommendations - Beneficial targets include core domestic innovation companies such as China Software, China Great Wall, and Dongfang Tong, as well as domestic computing and chip firms like Tuwei Information and Haiguang Information [4][39]

（文章来源：每日经济新闻） 相关产品： 人工智能AIETF（515070） 华夏中证人工智能主题ETF联接A（008585）、华夏中证人工智能主题ETF 联接C（008586）。 近期人工智能板块持续调整，今日成长板块异动拉升，带动大盘上涨。人工智能AIETF（515070）日K 线触及120日均线，持仓股深桑达A、紫光股份涨超1%，浪潮信息、北斗星通等个股跟涨。人工智能 AIETF（515070）盘中上涨超0.7%，昨日资金加仓超2000万。 华泰证券认为，上周A股延续缩量调整，市场风格呈现"小切大""高切低"的特征。展望来看，关税和业 绩期两大"靴子"落地前，维持指数处于"整固期"的判断。海外方面，美国2月PCE和消费数据加剧类滞 胀担忧，4月2日"对等关税"落地前政策不确定性风险和落地后力度超预期的风险仍需重视。国内方面， 年报与一季报业绩兑现压力较大，小盘相对大盘压力或更大。 人工智能AIETF（515070）跟踪CS人工智能主题指数（930713），成分股选取为人工智能提供技术、 基础资源以及应用端个股，聚集人工智能产业链上中游，俗称"机器人"大脑"缔造者"，万物互联"地 基"。前十大权重股包括寒武 ...

证券代码：000032 证券简称：深桑达A 公告编号：2025-009 深圳市桑达实业股份有限公司 关于 2025 年度日常关联交易预计的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、 误导性陈述或重大遗漏。 一、日常关联交易基本情况 （一）关联交易概述 1. 鉴于深圳市桑达实业股份有限公司（以下简称"公司"）开展日常生产运 营和业务发展需要，预计 2025 年度将与实际控制人中国电子信息产业集团有限 公司（含下属企业）（以下简称"中国电子及下属企业"）发生日常关联交易，涉 及向关联方采购原材料及产成品、销售原材料及产成品、提供劳务、接受劳务、 出租（承租）物业等事项。 2025 年度预计与中国电子及下属企业日常关联交易总额不超过人民币 43,350.00 万元，具体业务将由订约方根据一般商业条款经公平磋商后确定，本 着公平、公正、公开的原则，参照市场价格定价。 2.上述事项已经公司第九届董事会第三十八次会议审议通过，表决票 9 票， 其中同意 3 票、反对 0 票、弃权 0 票。关联董事司云聪、陈士刚、谢庆华、姜军 成、张向宏、穆国强回避了表决。本事项已经公司第九届董事会独立 ...

证券代码：000032 证券简称：深桑达A 公告编号：2025―010 深圳市桑达实业股份有限公司 关于召开 2025 年第一次临时股东大会的通知 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记 载、误导性陈述或重大遗漏。 一、召开会议基本情况 1． 股东大会届次：2025年第一次临时股东大会 2． 股东大会的召集人：公司董事会 公司董事会于2025年4月1日召开第九届董事会第三十八次会议，审议通过了 《关于召开公司2025年第一次临时股东大会的议案》，提议召开本次股东大会。 3．本次股东大会会议召开符合有关法律、行政法规、部门规章、规范性文件 和公司章程相关规定。 4．会议时间： （1）现场会议召开时间：2025 年 4 月 17 日（星期四）下午 2:30。 （2）网络投票起止时间：通过深圳证券交易所交易系统进行网络投票的具体时 间为：2025 年 4 月 17 日上午 9:15-9:25、9:30-11:30，下午 1:00-3:00；互联网投 票系统开始投票的时间为 2025 年 4 月 17 日上午 9:15，结束时间为 2025 年 4 月 17 日下午 3:00。 5．会议 ...

证券代码：000032 证券简称：深桑达A 公告编号：2025-008 深圳市桑达实业股份有限公司 二、董事会会议审议情况 会议审议通过了以下事项： 1.关于2025年度日常关联交易预计的议案（详见公告：2025-009） 表决结果：3票同意，0票反对，0票弃权。 （关联董事司云聪、陈士刚、谢庆华、姜军成、张向宏、穆国强回避表 决） 2025年度，公司预计与实际控制人中国电子信息产业集团有限公司及下属 企业日常关联交易总额不超过人民币43,350万元。 第九届董事会第三十八次会议决议公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 一、董事会会议召开情况 深圳市桑达实业股份有限公司（以下简称"公司"）第九届董事会第三十 八次会议通知于2025年3月24日以电子邮件方式发出，会议于2025年4月1日以通 讯表决的方式召开。应出席董事9人，实际出席董事9人。会议的召开符合有关 法律法规、规章和公司章程的规定。 表决结果：9票同意，0票反对，0票弃权。 定于2025年4月17日下午2:30召开2025年第一次临时股东大会，审议本次董 1 事会议案中需要提交股东大 ...

证券代码：000032 证券简称：深桑达A 公告编号：2025-007 深圳市桑达实业股份有限公司 关于向特定对象发行股票提交募集说明书（注册稿） 等申请文件的提示性公告 深圳市桑达实业股份有限公司（以下简称"公司"）向特定对象发行股票的 申请已于 2025 年 3 月 21 日获得深圳证券交易所上市审核中心审核通过，具体内 容详见公司于 2025 年 3 月 22 日在巨潮资讯网（http://www.cninfo.com.cn）披 露的《深圳市桑达实业股份有限公司关于申请向特定对象发行股票获得深圳证券 交易所上市审核中心审核通过的公告》（公告编号：2025-005）。 根据项目实际进展以及相关审核要求，公司会同相关中介机构对申请文件内 容进行了更新和修订，具体内容详见公司同日在巨潮资讯网披露的《深圳市桑达 实业股份有限公司向特定对象发行股票募集说明书（注册稿）》等相关文件。 公司本次向特定对象发行股票事项尚需获得中国证券监督管理委员会（以下 简称"中国证监会"）作出同意注册的决定后方可实施，最终能否获得中国证监 会作出同意注册的决定及其时间尚存在不确定性。公司将根据该事项的进展情况 及时履行信息披露义务， ...