二、会议审议情况 以 4 票赞成，0 票反对，0 票弃权审议通过了《关于公司与特定对象签订附条件生效 的<股票认购协议>暨本次向特定对象发行 A 股股票构成关联交易的议案》。 经核查，独立董事认为： 根据中国证监会《上市公司独立董事管理办法（2025 年修正）》、《深圳证券交易所股 票上市规则》及《公司章程》《关联交易决策制度》等有关规定，作为公司独立董事，本 着对公司及全体股东负责的态度，我们就公司与特定对象签订附条件生效的《股票认购协 议》暨本次向特定对象发行 A 股股票构成关联交易的事项进行了审议，形成意见如下： 科大讯飞股份有限公司 第六届董事会第六次独立董事专门会议决议 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"）第六届董事会第六次独立董 事专门会议于 2025 年 8 月 10 日以书面和电子邮件形式发出会议通知，2025 年 8 月 20 日 以现场表决的方式召开。应参会独立董事 4 人，实际参会独立董事 4 人，会议经推举由独 立董事张本照先生主持。 1、在召开董事会审议上述议案之前，公司向我们提交了 2025 年度向特定对象发行股 票构成关联交易的事项有关的详尽资料和 ...

科大讯飞股份有限公司 科大讯飞股份有限公司 2025 年半年度报告全文 1 2025 年半年度报告 【披露时间】 科大讯飞股份有限公司 2025 年半年度报告全文 第一节 重要提示、目录和释义 公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容 的真实、准确、完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担 个别和连带的法律责任。 公司负责人刘庆峰、主管会计工作负责人蔡尚及会计机构负责人(会计主 管人员)赵林悦声明：保证本半年度报告中财务报告的真实、准确、完整。 所有董事均已出席了审议本次半年报的董事会会议。 公司在本报告第三节"管理层讨论与分析"之"十、公司面临的风险和应对 措施"，分析了公司可能面临的风险及应对措施，提请投资者关注相关内容。 公司计划不派发现金红利，不送红股，不以公积金转增股本。 2 | 第二节 | 公司简介和主要财务指标 | 6 | | --- | --- | --- | | 第三节 | 管理层讨论与分析 | 9 | | 第四节 | 公司治理、环境和社会 43 | | | 第五节 | 重要事项 47 | | | 第六节 | 股份变动及股东情况 | 56 | | 第七节 | ...

Group 1: Industry Overview - The artificial intelligence agency industry is an emerging sector in China, with extensive downstream demand and a strong correlation between development stages and R&D investment intensity [1] - Key players in the industry include Keda Xunfei (002230), Fourth Paradigm (06682), Tuolisi (300229), and others, focusing on various applications and solutions [2][3] Group 2: Company Comparisons - Keda Xunfei leads with a significant R&D investment of 4.58 billion yuan in 2024, representing a 19.37% increase year-on-year, with revenue reaching 23.343 billion yuan [4][5] - Fourth Paradigm reported a revenue of 5.261 billion yuan in 2024, a 25.1% increase, with a gross margin of 41.2% [14] - Companies like SenseTime and CloudWalk face challenges with high R&D costs and low revenue, with SenseTime's R&D expense ratio reaching 106% in 2024 [5][6] Group 3: Business Layout and Performance - The industry exhibits a dual pattern of "vertical deepening" and "cross-domain expansion," covering sectors such as finance, education, and healthcare [10][11] - Keda Xunfei's AI education products generated 7.229 billion yuan in revenue, while Fourth Paradigm focuses on risk management in the financial sector [10][14] - CloudWalk's revenue fell by 36.69% to 398 million yuan in 2024, despite a 136% growth in its AI business [14][15] Group 4: Strategic Planning and Future Directions - Keda Xunfei aims to deepen its industry model strategy, focusing on education and healthcare [18] - Fourth Paradigm plans to enhance its AI Agent platform and expand into energy and finance sectors [18] - Companies like CloudWalk are transitioning to become AI service providers, focusing on smart home scenarios [18]

Core Viewpoint - Brain-computer interface (BCI) technology has made significant advancements in China, with the inclusion of BCI services in medical insurance and competitive pricing compared to international counterparts like Neuralink [2][3]. Group 1: Technological Advancements - In 2025, China successfully completed its first invasive BCI clinical trial, positioning itself as a key player alongside Neuralink [3]. - The development of ultra-flexible electrodes by companies like JieTi Medical has overcome traditional BCI limitations, allowing for enhanced patient experiences [3][8]. - Neuralink's high-precision invasive technology, while advanced, comes with exorbitant costs, making it less accessible [5][7]. Group 2: Cost and Accessibility - The cost of invasive BCI procedures in China is significantly lower, with prices for invasive surgeries around 6,552 RMB (approximately 912 USD) compared to Neuralink's estimated costs of 5,000 to 10,000 USD [2][3]. - Non-invasive BCI options in China are even more affordable, with prices ranging from 1,000 to 5,000 RMB, making them comparable to mid-range smartphones [15]. Group 3: Competitive Landscape - The competition between Neuralink and Chinese companies highlights differing technological approaches, with the latter focusing on practical, cost-effective solutions [4][8]. - Chinese companies are exploring both invasive and non-invasive technologies, aiming to broaden the application of BCI in various sectors, including healthcare and consumer markets [8][19]. Group 4: Data and Standards Control - The accumulation and analysis of brainwave data are crucial for establishing industry standards, which will determine future market leadership [16]. - Chinese companies are adopting a multi-faceted approach to data collection, enhancing their ability to set standards in the BCI industry [17]. Group 5: AI Integration and Future Prospects - The integration of AI with BCI technology is expected to create a significant data advantage, enabling the development of more sophisticated AI applications tailored to Asian cultural contexts [20]. - China's advancements in BCI technology not only focus on technical superiority but also aim to influence global standards and cultural practices [21].

通过天眼查大数据分析，科大讯飞股份有限公司共对外投资了129家企业，参与招投标项目5000次，知 识产权方面有商标信息2744条，专利信息5000条，此外企业还拥有行政许可60个。 来源：金融界 科大讯飞最新一期业绩显示，截至2025一季报，公司营业总收入46.58亿元、同比增长27.74%，归属净 利润19325.17万元，同比增长35.68%，扣非净利润22781.01万元，同比增长48.29%，流动比率1.562、速 动比率1.391、资产负债率54.63%。 天眼查商业履历信息显示，科大讯飞股份有限公司，成立于1999年，位于合肥市，是一家以从事软件和 信息技术服务业为主的企业。企业注册资本231173.4185万人民币，实缴资本231173.4185万人民币。公 司法定代表人为刘庆峰。 金融界消息 截至2025年8月20日收盘，科大讯飞（002230）报收于50.5元，上涨1.67%，换手率2.56%， 成交量55.93万手，成交金额27.90亿元。 资金流向方面，今日主力资金净流入5553.39万元，占比成交额1.99%。其中，超大单净流入1.09亿元、 占成交额3.91%，大单净流出5349.0 ...

Core Insights - The 2025 Science and Technology Innovator Conference focuses on "Embodied Intelligence" as a new engine for industrial transformation, emphasizing the importance of hard technology commercialization and a comprehensive service model that addresses the challenges of transitioning from technology to product [1][5]. Group 1: Conference Overview - The conference will feature a one-day main forum covering topics such as "embodied intelligence," "humanoid robots," "computing power," "chips," and "core components" [5]. - Over 500 participants, including scientists, entrepreneurs, industry experts, and investors, will discuss the development paths following breakthroughs in critical technologies [5]. Group 2: Technological Trends - Embodied intelligence is emerging as a bridge between the virtual and real worlds, driving intelligent upgrades across various industries [3]. - The past year has shown a clear trajectory of advancement in embodied intelligence, with significant developments in AI brain integration and physical robotics capabilities [3]. - The potential for a unified market similar to the automotive supply chain is anticipated, which could reshape supply chain dynamics [3]. Group 3: Industry Transformation in China - China is transitioning from a "follower" to a "local leader" in hardware technology and is accelerating its software technology development in the field of embodied intelligence [4]. - The industry chain is undergoing deep restructuring, with upstream hardware components moving towards domestic production, midstream platforms becoming more accessible, and downstream users seeking customized solutions [4]. Group 4: Application and Innovation - The conference will unveil the "Top 10 Applications of Embodied Intelligence," creating a platform for demand-side propositions and technology solutions [6]. - High-end manufacturing and consumer technology sectors will collaborate to validate and promote the industrialization of embodied intelligence [5]. Group 5: Ecosystem and Collaboration - The event aims to build an innovative community with over 500 ecosystem partners from various industries, including high-end manufacturing and consumer services [8]. - A comprehensive media outreach strategy will ensure extensive coverage, engaging a wide audience through various channels [8].

Group 1 - The core idea of the news is the development of the Houguan Lake Headquarters District in Wuhan Economic Development Zone, which aims to create a hub for headquarters economy and integrate various industries [1][3][5] - The Houguan Lake Headquarters District covers an area of approximately 9 square kilometers and has attracted over 20 headquarters enterprises, with total revenue and industrial scale exceeding 8 billion yuan [3][5] - Key projects in the area include the establishment of the Central China Headquarters of iFlytek, which is set to accommodate 600 employees by the end of this year [1][3] Group 2 - The project "Jingkai·Boxin Private Island" is located in the core of the Houguan Lake Headquarters District, integrating high-rise offices, international commerce, lakeside villas, and high-end residences [3][5] - The China Urban Headquarters Economic Industrial Park, with a total investment of approximately 5.8 billion yuan, aims to create a national-level demonstration park for production and urban integration [5] - The Wuhan Economic Development Zone is enhancing infrastructure in the Houguan Lake Headquarters District, with plans to attract 15,000 market entities and achieve a total investment scale of 83 billion yuan during the 14th Five-Year Plan period [9]

Group 1 - The core focus of the news is the launch of the iFlytek Robot Super Brain platform, showcasing advancements in AI and robotics, particularly in natural language processing and interaction capabilities [3][5] - The platform has already served over 500 robot companies and connected 15,000 developers, indicating a strong ecosystem in industrial, service, special, and humanoid robotics [3] - A total of 12 projects were signed during the event, with a total investment amounting to 3.5 billion yuan, highlighting significant financial commitment to the digital economy in Mianyang [3][4] Group 2 - Baidu's establishment of an AI industrial base in Mianyang aims to create a comprehensive platform for data labeling, computing power support, model transformation, and talent training, reflecting confidence in the local digital economy [4] - The first phase of the Mianyang Digital Economy Industrial Park has attracted 21 companies, including iFlytek and Baidu, with major players like Huawei and Inspur also participating, indicating a robust industrial cluster [4] - The goal is to cultivate a "Super Brain+" ecosystem by 2027, focusing on breakthroughs in 20 core technologies and the introduction of 20 leading AI talent teams, aiming to establish the park as a national model for new productivity [5]

Core Viewpoint - The AI conference headset industry in China is rapidly growing, with a market size projected to reach 710 million yuan in 2024, representing a year-on-year growth of 162.96%, and expected to reach 1.058 billion yuan in 2025, driven by increasing demand for efficient office and smart meeting solutions [1][11]. Industry Overview - AI conference headsets are wearable audio devices integrated with artificial intelligence technology, designed to enhance meeting efficiency. Their core functions include real-time voice transcription, multilingual translation, meeting summary generation, intelligent noise cancellation, and interactive voice assistants [2]. - The industry is categorized into generative AI headsets and interactive AI headsets based on their technical architecture [2]. Industry Supply Chain - The upstream of the AI conference headset industry includes components such as AI chips, electronic components, batteries, casings, ear tips, microphones, and sensors, as well as production equipment like SMT machines and audio testing devices. The midstream involves the manufacturing of AI conference headsets, while the downstream includes retail channels such as supermarkets, mobile phone specialty stores, and e-commerce platforms [4]. Market Size - The AI conference headset market in China is expected to grow significantly, with a market size of 710 million yuan in 2024 and a forecast of 1.058 billion yuan in 2025, driven by the increasing demand for efficient office solutions, especially in remote and multinational meeting scenarios [11]. Key Companies' Performance - The market is expected to form a competitive landscape characterized by "ecological giants, vertical scene leaders, and long-tail innovators" by 2025. Major players include Huawei, Xiaomi, and Apple, leveraging their ecosystems to enhance device interconnectivity [13]. - Companies like Future Intelligence and iFLYBUDS Pro from iFLYBUDS have made significant advancements in AI conference headsets, offering features such as automatic meeting minutes generation and real-time translation capabilities [15][17]. Industry Development Trends 1. **Technological Innovation**: AI conference headsets are expected to achieve breakthroughs in voice recognition and translation capabilities, supporting more languages and dialects, and integrating more intelligent features [19]. 2. **Market Expansion**: The demand for AI conference headsets is anticipated to grow across various sectors, including education, healthcare, and finance, driven by the rise of remote work and hybrid work models [20][21]. 3. **Standardization and Regulation**: The industry is likely to see increased regulation and standardization efforts to ensure product quality and safety, addressing performance metrics such as voice recognition accuracy and battery life [22].

Core Insights - Singapore is emerging as a leader in the AI sector, while Guangxi is striving to establish itself as a key player in AI collaboration with ASEAN countries [2][4] - The collaboration between Singapore and Guangxi is expected to create significant opportunities in AI applications and technology integration [2][7] AI Development in Singapore - AI has become a prominent topic in Singapore, with various initiatives and events focused on AI applications and entrepreneurship [3][4] - Singapore ranks third in the 2024 Global AI Index, following the US and China, indicating its strong position in AI development [4] - The country emphasizes practical applications of AI to enhance productivity and improve living standards, rather than merely chasing technological advancements [8] AI Applications and Innovations - AI is transforming various sectors in Singapore, including smart transportation systems that enhance traffic flow and reduce congestion [5][8] - The integration of AI in public services, such as automated immigration processes at Changi Airport, showcases the practical benefits of AI technology [4][5] Guangxi's AI Initiatives - Guangxi is rapidly advancing in the AI sector, leveraging its geographical position to connect with ASEAN markets [6][15] - The region has established a diverse AI ecosystem that spans agriculture, manufacturing, healthcare, transportation, and education [6][20] - Guangxi aims to become a technology integration center for AI, facilitating the application of advanced technologies in ASEAN [7][15] Collaborative Opportunities - The partnership between Guangxi and Singapore is seen as a model for cross-border collaboration in AI, with potential for shared resources and expertise [15][19] - Companies like iFlytek are actively engaging with Guangxi to expand their AI applications in the ASEAN market, highlighting the region's strategic importance [19][20] Infrastructure and Ecosystem Development - The establishment of AI innovation centers in Guangxi, modeled after Singapore's One-North, aims to create a conducive environment for tech companies [10][11] - Guangxi is building an innovation ecosystem that encourages collaboration between government, enterprises, and educational institutions to foster AI development [12][20] Conclusion - The synergy between Singapore and Guangxi in AI development presents a unique opportunity for both regions to enhance their technological capabilities and market reach [2][15]