Core Viewpoint - The company announced the cancellation of stock options due to the failure of 24 incentive recipients to exercise their options within the valid period [1] Group 1 - The company held its 17th meeting of the 6th Board of Directors on December 15, 2025, where the proposal to cancel certain stock options was approved [1] - A total of 167,252 stock options will be canceled as they were not exercised by the recipients within the specified timeframe [1] - The stock options in question were part of the 2021 Stock Option and Restricted Stock Incentive Plan [1]

Core Insights - Morgan Stanley predicts that by 2050, over 1 billion humanoid robots will be operational globally, with a market size exceeding $5 trillion [1] - The firm emphasizes that investing in component suppliers is crucial, labeling them as the "water sellers" in this revolution [1] - Critics argue that focusing solely on component suppliers may overlook the potential of complete humanoid robots [4] Group 1: Market Dynamics - Morgan Stanley's report suggests that while humanoid robots hold long-term promise, short-term uncertainties resemble those seen in AI, leading to a preference for investing in foundational technologies [2] - The report categorizes investment opportunities into three main sectors: AI and computing (NVIDIA, AMD, ARM), perception (Sony, Hesai Technology), and drive and power (Samsung, Texas Instruments, STMicroelectronics) [2] - The report highlights the advantages of the Chinese supply chain, with seven companies including Baidu, Alibaba, and iFlytek making the list, indicating global recognition of China's hardware manufacturing efficiency [4] Group 2: Challenges and Innovations - The current cost of a fully functional humanoid robot is approximately $200,000, with 92% of potential buyers only willing to pay under $28,000 [7] - Cost reduction pressures will inevitably impact the supply chain, making it a critical battle for component suppliers [8] - Significant cost breakthroughs in the humanoid robot industry are expected to come from system-level restructuring and innovative integration rather than simple supply chain efficiencies [9][11] Group 3: Future Perspectives - The report suggests that the ultimate value of humanoid robots lies in their ability to serve as a "universal whole," capable of performing tasks and fostering emotional connections [6][16] - The ability of companies to define how robots perceive the world and interact will be crucial for their success in the market [14] - The report concludes that while component suppliers are essential, the true innovation and value creation will come from those who can envision and realize the complete humanoid robot [16]

Core Viewpoint - The announcement from Keda Xunfei indicates a significant corporate governance decision regarding changes in registered capital and amendments to relevant proposals [2] Group 1 - Keda Xunfei's sixth board of directors held its seventeenth meeting on December 15, where the proposal for changing registered capital was approved [2] - The company is taking steps to revise its registered capital, which may impact its financial structure and future investment strategies [2]

Group 1 - The company Keda Xunfei (002230) announced that it will hold the third extraordinary general meeting of shareholders for the year 2025 on December 31, 2025 [1]

证券代码：002230 证券简称：科大讯飞 公告编号：2025-050 科大讯飞股份有限公司 关于召开 2025 年第三次临时股东会的通知 本公司及其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、召开会议的基本情况 1、股东会届次：科大讯飞股份有限公司（以下简称"公司"或"本公司"）2025 年 第三次临时股东会（以下简称"会议"） 2、会议的召集人：公司董事会 公司于 2025 年 12 月 15 日召开第六届董事会第十七次会议，以 10 票赞成，0 票反对， 0 票弃权，审议通过了《关于召开公司 2025 年第三次临时股东会的议案》。 3、会议召开的合法、合规性：本次会议的召集、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》《深圳证券交易所上市公司自律监管指引第 1 号——主 板上市公司规范运作》等法律、行政法规、部门规章、规范性文件及《公司章程》的有关 规定。 4、会议的召开时间： 现场会议开始时间：2025 年 12 月 31 日 14:30； 网络投票时间：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 12 月 3 ...

第六届董事会薪酬与考核委员会第十一次会议决议 一、会议召开情况 科大讯飞股份有限公司（下称"公司"或"科大讯飞"）第六届董事会薪酬与考核委 员会第十一次会议于 2025 年 12 月 5 日以书面和电子邮件形式发出会议通知，2025 年 12 月 10 日以现场表决的方式召开。应参会董事 3 人，实际参会董事 3 人，会议由薪酬与考 核委员会召集人赵锡军先生主持。 科大讯飞股份有限公司 以 3 票赞成，0 票反对，0 票弃权审议通过了《关于注销股权激励计划部分股票期权 的议案》。 经审议，薪酬与考核委员会认为： 本次注销相关期权符合《上市公司股权激励管理办法》《深圳证券交易所上市公司自 律监管指南第 1 号——业务办理第三部分：3.2 股权激励》等法律法规、部门规章、规范 性文件以及公司《2021 年股票期权与限制性股票激励计划（草案修订稿）》《2021 年股票 期权与限制性股票激励计划实施考核管理办法（修订稿）》的规定，同意提交董事会审议。 二、会议审议情况 科大讯飞股份有限公司 董事会薪酬与考核委员会 二〇二五年十二月十日 ...

证券代码：002230 证券简称：科大讯飞 公告编号：2025-048 科大讯飞股份有限公司 第六届董事会第十七次会议决议公告 本公司及董事会全体成员保证信息披露内容真实、准确和完整，没有虚假 记载、误导性陈述或者重大遗漏。 一、董事会会议召开情况 科大讯飞股份有限公司（下称"公司"）第六届董事会第十七次会议于 2025 年 12 月 10 日以书面和电子邮件形式发出会议通知，2025 年 12 月 15 日以现场与视频会议相结 合的方式召开。应参会董事 10 人，实际参会董事 10 人。其中刘庆峰先生、陈洪涛先生、 赵旭东先生、赵锡军先生以通讯表决（视频会议）的方式出席会议。会议由董事长刘庆峰 先生主持，全体高级管理人员列席会议。本次会议的召开与表决程序符合《公司法》和《公 司章程》等的有关规定。 二、董事会会议审议情况 本议案需提交股东会审议。 （二）逐项审议通过了《关于修订相关公司制度的议案》。 鉴于《中华人民共和国公司法（2023 年修订）》《上市公司章程指引（2025 年修订）》 等法律法规的相关修订，股份有限公司不设监事会或者监事；同时根据《中华人民共和国 证券法》《深圳证券交易所股票上市规则》《 ...

Core Viewpoint - The company announced the cancellation of a portion of stock options from its equity incentive plan due to certain participants not exercising their options within the specified period [1] Group 1: Stock Option Cancellation - The sixth board meeting of the company approved the cancellation of 167,252 stock options from the 2021 stock option and restricted stock incentive plan [1] - The cancellation is due to 24 incentive participants failing to exercise their options during the third exercise period from November 4, 2024, to November 3, 2025 [1] - This cancellation complies with relevant regulations and does not affect the implementation of the incentive plan or the company's financial performance [1]

Group 1 - The core viewpoint of the article is that iFlytek (SZ 002230) held its 17th meeting of the 6th board of directors on December 15, 2025, to review proposals including amendments to company regulations [1] - For the first half of 2025, iFlytek's revenue composition was as follows: software and information technology services accounted for 98.16%, education and teaching for 1.51%, and other businesses for 0.33% [1] - As of the time of reporting, iFlytek's market capitalization was 115.3 billion yuan [1]

证券代码：002230 证券简称：科大讯飞 公告编号：2025-051 科大讯飞股份有限公司 关于注销股权激励计划部分股票期权的公告 本公司及董事会全体成员保证信息披露内容真实、准确和完整，没有虚 假记载、误导性陈述或者重大遗漏。 科大讯飞股份有限公司（以下简称"公司"）于 2025 年 12 月 15 日召开的第六届董 事会第十七次会议审议通过了《关于注销股权激励计划部分股票期权的议案》。由于公 司《2021 年股票期权与限制性股票激励计划》（以下简称"激励计划"）的 24 名股票期 权激励对象未在行权有效期内行权完毕，根据《上市公司股权激励管理办法》及公司 《2021 年股票期权与限制性股票激励计划（草案修订稿）》《2021 年股票期权与限制性 股票激励计划实施考核管理办法（修订稿）》的相关规定，公司将对其到期未行权的 16.7252 万份股票期权进行注销。现对有关事项公告如下： 一、激励计划简述及已履行的决策程序和信息披露情况 2021 年 9 月 26 日，公司召开第五届董事会第十八次会议，会议审议通过《关于公 司<2021 年股票期权与限制性股票激励计划（草案）>及其摘要的议案》《关于公司<2021 ...