Core Viewpoint - Jinzhiketech (002090) is initiating a change of control for the first time in five years, with Jiangsu Jinzhigroup planning to transfer 16.01% of its shares to Nanjing Zhidi and Zhejiang Zhiyong for a total consideration of 705 million yuan, leading to a new controlling shareholder structure [1][2][3]. Group 1: Share Transfer Details - Jiangsu Jinzhigroup will transfer 36,372,398 shares (9.08% of total shares) to Nanjing Zhidi and 27,759,991 shares (6.93% of total shares) to Zhejiang Zhiyong, totaling 64,132,389 shares (16.01% of total shares) [2]. - The total transfer price is 705 million yuan, with Nanjing Zhidi paying 400 million yuan and Zhejiang Zhiyong paying 305 million yuan, at a price of 11 yuan per share [2]. Group 2: New Shareholders and Control - Nanjing Zhidi will become the largest shareholder, with Zhao Dan and Xiao Ming as the new actual controllers, while Jinzhigroup retains 4.02% of shares, becoming the second-largest shareholder [2][3]. - The new control structure will lead to a reorganization of the board of directors, with Nanjing Zhidi entitled to nominate 4 non-independent directors and 2 independent directors [3]. Group 3: Business Performance - Jinzhiketech has recently shown strong business performance, with over 420 million yuan in cumulative project bids in the last three months [1][6]. - The company reported a revenue of 1.773 billion yuan in 2024, a year-on-year increase of 9.7%, and a net profit of 72.27 million yuan, up 19.46% year-on-year [7].

Investment Rating - The report suggests a focus on leading domestic generative large model companies such as iFlytek, as well as AI hardware companies like Yingshi Network, Hongsoft Technology, and Hesai Technology, indicating a positive investment outlook for these sectors [3]. Core Insights - The AI industry is expected to see significant growth, particularly in the second half of the year, with advancements in AI applications, smart driving, domestic substitution, and overseas expansion showing promising trends [5][12]. - The report highlights the performance of the AI computing sector, which is expected to maintain high growth, while AI applications are accelerating upward [11][13]. - The report anticipates that the overall revenue for the sector may be flat, but profit margins are expected to improve due to cost savings from AI integration and efficiency gains [5][12]. Summary by Sections Current Week's Insights - The report discusses the recent advancements in AI, including the release of the GR-3 model by ByteDance's Seed team, which demonstrates superior capabilities in real-world scenarios [5][12]. - The report notes that the AI industry chain, smart driving, and domestic substitution are expected to maintain good momentum, with a focus on AI applications showing accelerated growth [12]. Sector Performance - The report categorizes various sectors within the computer industry based on their growth potential, with AI computing and lidar maintaining high growth, while sectors like industrial software and medical IT are under pressure [11][13]. - The report indicates that the software outsourcing sector is stable, with new growth drivers emerging from AI, overseas expansion, and domestic substitution [13]. Market Review - From July 18 to July 25, 2025, the computer industry index rose by 1.71%, outperforming the CSI 300 index by 0.02 percentage points, indicating a positive market sentiment [14][19]. - The report highlights the top-performing companies in the computer sector during this period, showcasing significant gains for several firms [19]. Upcoming Events - The report mentions key upcoming events, including the second AI glasses industry innovation application summit and the 2025 World Artificial Intelligence Conference, which are expected to present opportunities within the industry [27][28].

Core Viewpoint - The financial advisor, Xiangcai Securities, has conducted a thorough review of the detailed equity change report for Jiangsu Jinzhi Technology Co., Ltd., confirming compliance with relevant laws and regulations, and ensuring the accuracy and completeness of the disclosed information [1][4][25]. Group 1: Equity Change Overview - The equity change involves the transfer of 36,372,398 shares (9.08% of total shares) from Jinzhi Group to Nanjing Zhidi Huiying Technology Partnership and 27,759,991 shares (6.93% of total shares) to Zhejiang Zhiyong [3][25]. - After the equity change, Zhidi Huiying will hold 9.08% and Zhejiang Zhiyong will hold 6.93%, totaling 16.01% combined ownership in the company [25]. Group 2: Compliance and Verification - The financial advisor has verified that the detailed equity change report meets the requirements set forth by the "Mergers and Acquisitions Management Measures" and relevant disclosure standards, with no significant omissions or misleading statements found [4][17]. - The advisor has confirmed that all provided information is accurate and complete, with the information disclosure obligors assuming legal responsibility for the data [1][4]. Group 3: Management and Control - The actual controllers of Zhidi Huiying are Zhao Dan and Xiao Ming, who also control the operational decisions of the partnership [6][15]. - The financial advisor has confirmed that there are no outstanding debts or guarantees involving the original controlling shareholders that could harm the interests of the listed company [2][5]. Group 4: Financial Performance - Zhejiang Zhiyong, the executing partner of Zhidi Huiying, has not yet commenced business operations and thus has no financial data available [15][17]. - The financial advisor has reviewed the financial data of the executing partner, Zheshang Huaying, which shows total assets of 1,529.15 million yuan and net profit of 579.75 million yuan for the year 2024 [16][17].

Core Viewpoint - Jiangsu Jinzhi Technology Co., Ltd. is undergoing a significant change in its shareholding structure, with the controlling shareholder, Jinzhi Group, transferring 64.13 million shares, representing 16.01% of the total share capital, to Nanjing Zhidi and Zhejiang Zhiyong [1][2]. Summary by Sections Equity Change Overview - Jinzhi Group plans to transfer 64.13 million shares to Nanjing Zhidi and Zhejiang Zhiyong at a price of 11 CNY per share, which will result in a change of control for the company [1]. - Prior to this transaction, Jinzhi Group and its concerted actors held 87.53 million shares, accounting for 21.65% of the total share capital. Post-transaction, they will hold 23.40 million shares, or 5.84% [2]. Other Matters - The transfer does not violate any existing commitments and does not harm the interests of the company or minority shareholders. Nanjing Zhidi will become the actual controller of the company following the transfer [3][4]. - The company will continue to monitor the progress of this transfer and disclose relevant updates in a timely manner [4].

Core Viewpoint - Jiangsu Jinzhikeji Co., Ltd. is undergoing a significant equity change, with the transfer of shares from Jiangsu Jinzhikeji Group to Nanjing Zhidi Huiying Technology Partnership and Zhejiang Zhiyong Equity Investment Partnership, indicating a strategic shift in ownership and potential future developments in the company [1][2][3]. Group 1: Equity Change Details - The equity change involves an increase in shares through a transfer agreement, with Nanjing Zhidi Huiying acquiring shares from Jiangsu Jinzhikeji Group [1][2]. - The agreement was signed on July 22, 2025, and requires compliance with the regulations of the Shenzhen Stock Exchange for the transfer process [1][2]. - The report confirms that the information disclosure obligations have been met according to relevant laws and regulations [1][2]. Group 2: Parties Involved - The information disclosure obligor is Nanjing Zhidi Huiying Technology Partnership, with a registered capital of 200 million yuan [5][11]. - Zhejiang Zhiyong Equity Investment Partnership, another party involved, has a registered capital of 335 million yuan and is managed by Beijing Zheshang Huaying Investment Management Co., Ltd. [5][11]. - The actual controllers of Nanjing Zhidi Huiying are Zhao Dan and Xiao Ming, while the actual controller of Zhejiang Zhiyong is Chen Yueming [6][7]. Group 3: Financial Overview - Nanjing Zhidi Huiying and its managing partner, Zhejiang Zhichuang, have been established specifically for this equity change and currently have no financial data available [11]. - Zhejiang Zhiyong's managing partner, Zheshang Huaying, has reported significant financial growth over the past three years, with total assets increasing from 172.18 million yuan in 2022 to 1.53 billion yuan in 2024 [12]. - The net profit for Zheshang Huaying rose from a loss of 104.21 million yuan in 2022 to a profit of 579.75 million yuan in 2024, indicating a strong recovery and growth trajectory [12].

Core Viewpoint - Jiangsu Jinzhi Technology Co., Ltd. is undergoing a significant equity change, with Jiangsu Jinzhi Group Co., Ltd. planning to transfer 64,132,389 shares, representing 16.01% of the total share capital, to investors who recognize the company's value and development prospects [6][21]. Group 1: Equity Change Details - The equity change involves a reduction in the shareholding of Jiangsu Jinzhi Group and its concerted actors, decreasing from 87,529,162 shares (21.65%) to 23,396,773 shares (5.84%) after the transfer [7][25]. - The total share capital of the company will change from 404,264,936 shares to 400,577,071 shares following the transfer [7][21]. - The shareholding structure will see Jiangsu Jinzhi Group and its concerted actors holding 23,396,773 shares, which is a decrease of 15.81% from the previous report [7][21]. Group 2: Transfer Agreement - The transfer agreement involves two parties: Jiangsu Jinzhi Group Co., Ltd. as the seller and Nanjing Zhidi Huiying Technology Partnership and Zhejiang Zhiyong Equity Investment Partnership as the buyers [9][10]. - The agreement stipulates that the shares being transferred are unrestricted circulating shares, with no pledges or freezes [20]. - The payment for the shares will occur in multiple phases, with the first payment of RMB 50 million due within five working days after certain conditions are met [11][12]. Group 3: Future Plans and Commitments - Jiangsu Jinzhi Group has committed not to reduce its shareholding in the company for 12 months following the completion of the share transfer [26]. - There are currently no plans for increasing shareholding in the next 12 months by either Jiangsu Jinzhi Group or its concerted actors [26]. - The company has confirmed that there are no outstanding debts owed to Jiangsu Jinzhi Technology by Jiangsu Jinzhi Group or its affiliates, ensuring no adverse impact on the company's operations [22].

上市公司名称：江苏金智科技股份有限公司 股票上市地点：深圳证券交易所 股票简称：金智科技 股票代码：002090 信息披露义务人：江苏金智集团有限公司 住所/通讯地址：南京市江宁开发区将军大道 100 号 江苏金智科技股份有限公司 简式权益变动报告书 一致行动人：贺安鹰、朱华明、徐兵、丁小异、向金凎 住所/通讯地址：南京市江宁开发区将军大道 100 号 股份变动性质：持股数量减少，持股比例减少 签署日期：2025 年 7 月 25 日 信息披露义务人声明 一、信息披露义务人依据《中华人民共和国公司法》《中华人民共和国证券 法》、《上市公司收购管理办法》《公开发行证券的公司信息披露内容与格式准则 第 15 号——权益变动报告书》及相关的法律、法规编制本报告书。 二、信息披露义务人及其一致行动人签署本报告书已获得必要的授权和批准， 其履行亦不违反信息披露义务人章程或内部规则中的任何条款，或与之相冲突。 三、依据《中华人民共和国证券法》《上市公司收购管理办法》《公开发行证 券的公司信息披露内容与格式准则第 15 号——权益变动报告书》的规定，本报 告书已全面披露了信息披露义务人及其一致行动人在江苏金智科技股份有限公 ...

江苏金智科技股份有限公司 详式权益变动报告书 江苏金智科技股份有限公司 详式权益变动报告书 上市公司名称：江苏金智科技股份有限公司 股票上市地点：深圳证券交易所 股票简称：金智科技 股票代码：002090 信息披露义务人：南京智迪汇盈科技合伙企业（有限合伙） 住所：江苏省南京市栖霞区八卦洲街道鹂岛路 254 号悦福大厦 1-1112 通讯地址：浙江省杭州市西湖区西溪路浙商创投中心 B 座 204 股份变动性质：增加（协议受让） 一致行动人：浙江智勇股权投资合伙企业（有限合伙） 住所：浙江省金华市武义县熟溪街道温泉南路 100 号四楼 401 室（自主申报） 通讯地址：北京市丰台区开阳路 8 号 9 层 901 内 C903-1 股份变动性质：增加（协议受让） 签署日期：二○二五年七月 江苏金智科技股份有限公司 详式权益变动报告书 信息披露义务人及其一致行动人声明 一、本报告书系根据《中华人民共和国公司法》《中华人民共和国证券法》 《上市公司收购管理办法》《公开发行证券的公司信息披露内容与格式准则第 15 号——权益变动报告书》《公开发行证券的公司信息披露内容与格式准则第 16 号——上市公司收购报告书》及相关 ...

湘财证券股份有限公司 关于江苏金智科技股份有限公司 详式权益变动报告书 之 财务顾问核查意见 财务顾问 二〇二五年七月 湘财证券股份有限公司关于江苏金智科技股份有限公司详式权益变动报告书之财务顾问核查意见 声明 根据《中华人民共和国公司法》《中华人民共和国证券法》《上市公司收购 管理办法》《公开发行证券的公司信息披露内容与格式准则第15号——权益变动 报告书》《公开发行证券的公司信息披露内容与格式准则第16号——上市公司收 购报告书》及相关法律、法规的规定，湘财证券股份有限公司（以下简称"本财 务顾问"）就信息披露义务人及其一致行动人披露的《江苏金智科技股份有限公 司详式权益变动报告书》进行了核查，并出具本财务顾问核查意见。 本财务顾问是按照行业公认的业务标准、道德规范和诚实信用、勤勉尽责的 精神，本着独立、客观、公正的原则，在认真审阅相关资料和充分了解本次权益 变动的基础上，发表财务顾问意见，旨在就本次权益变动作出独立、客观和公正 的评价，以供广大投资者及有关各方参考。本财务顾问特作如下声明： （一）本财务顾问核查意见所依据的文件、材料由信息披露义务人及其一致 行动人提供。有关资料提供方已对本财务顾问出具承 ...

特别提示： 证券代码：002090 证券简称：金智科技 公告编号：2025-029 江苏金智科技股份有限公司 关于披露权益变动报告书的提示性公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假记 载、误导性陈述或重大遗漏。 证券代码：002090 证券简称：金智科技 公告编号：2025-029 本次权益变动前，金智集团及其法定一致行动人贺安鹰、朱华明、徐兵、丁小 异、向金凎于2022年11月30日最近一次公开披露《简式权益变动报告书》时，合计 拥有公司股份8,752.9162万股，占公司总股本的21.65%；本次权益变动后，金智集 团及其一致行动人合计持有公司股份2,339.6773万股，占公司总股本的5.84%。 1、本次权益变动方式涉及股份协议转让，不触及要约收购，亦不构成关联交易。 2、本次权益变动完成后，将导致公司控股股东、实际控制人发生变更。 3、本次权益变动所涉股份协议转让尚需取得深圳证券交易所的合规性确认意见， 并在中国证券登记结算公司深圳分公司办理股份过户登记手续，该事项能否最终实 施完成及实施结果尚存在不确定性，敬请投资者注意投资风险。 江苏金智科技股份有限公司（以下简称 ...