Core Insights - The company reported significant revenue growth in H1 2025, achieving 3.782 billion yuan, a year-on-year increase of 44.69%, and a net profit of 9.6467 million yuan, up 106.07% year-on-year [1] - The growth was primarily driven by the demand for AI large models, particularly in cloud and data services, and industry solutions [1][2] - The company successfully secured contracts with major clients, indicating a strong demand from government and state-owned enterprises [2] Revenue Breakdown - In H1 2025, the company generated revenue from various segments: industry solutions (2.155 billion yuan, +92.72% YoY), digital infrastructure (555 million yuan, +0.16% YoY), proprietary software products (535 million yuan, +10.29% YoY), and cloud and data services (492 million yuan, +22.75% YoY) [2] - The industry solutions segment saw rapid growth due to increased AI demand from enterprise clients, including a significant contract with the National Pipeline Group [2] Database Product Innovation - The company maintained its leading position in the domestic database industry, with its subsidiary, Electric Science JinCang, achieving revenue of 150 million yuan in H1 2025, a 66.11% increase year-on-year [3] - New product launches in July 2025 included innovative database solutions that integrate AI, enhancing the company's product offerings [3] Profitability Improvement - The company turned a profit in H1 2025 with a net profit of 9.6467 million yuan, compared to a loss of 159 million yuan in H1 2024, primarily due to optimized expense ratios [4] - The overall gross margin was 22.79%, down 3.81 percentage points year-on-year, influenced by declining margins in industry solutions and cloud services [4] Earnings Forecast and Valuation - The revenue forecast for 2025-2027 has been raised by 4.02%, 7.55%, and 9.93% to 8.902 billion, 10.218 billion, and 11.824 billion yuan, respectively [5] - The net profit forecast has also been adjusted upwards, with expected earnings per share of 0.68, 1.00, and 1.41 yuan for 2025, 2026, and 2027 [5] - The target market capitalization is set at 28.3 billion yuan, with a target price of 45.47 yuan per share, reflecting a positive outlook on the company's AI business growth [5]

Group 1 - The release of the Galaxy Kirin Operating System V11 has led to significant stock price increases for several related companies, with Qi Anxin rising by 18% and Huasheng Tiancheng by 6.4% [1] - The Chinese government plans to invest 10 billion yuan during the 14th Five-Year Plan to enhance the capabilities of domestic operating systems, focusing on AI applications and ecosystem development [1] - The stock prices of several operating system concept stocks have shown remarkable growth this year, with Huasheng Tiancheng up 260.83% and other companies like Zheda Wanzheng and Qi Anxin also seeing substantial increases [1] Group 2 - The global operating system market has been dominated by Windows, macOS, and Android, but domestic systems are beginning to disrupt this concentration, with Harmony OS achieving over 12 million installations [2] - The Chinese operating system market is expected to reach a scale of 25 billion yuan by 2025, driven by strong market demand and the integration of emerging technologies like AI [2] - The software industry in China is projected to grow at a compound annual growth rate of 12% to 15%, with the market size expected to exceed 15 trillion yuan by 2025 and 20 trillion yuan by 2028 [3]

Core Viewpoint - The company has approved its 2025 semi-annual report, which includes significant financial data and decisions regarding credit impairment losses and asset impairment losses [11][28][41]. Group 1: Company Overview - The company is named Taiji Computer Co., Ltd. and is listed under the stock code 002368 [9]. - The board of directors and the supervisory board have both confirmed the accuracy and completeness of the information disclosed in the semi-annual report [9][26]. Group 2: Financial Data and Decisions - The company reported a total of 22,051,706.48 yuan in credit impairment losses and asset impairment losses for the first half of 2025, which will reduce the net profit attributable to shareholders by 20,650,729.72 yuan [41][42]. - The company conducted a comprehensive review and impairment testing of its assets as of June 30, 2025, in accordance with accounting standards [36]. Group 3: Board and Supervisory Actions - The board of directors held a meeting on August 28, 2025, where several key resolutions were passed, including the approval of the semi-annual report and the appointment of a new vice president [10][45]. - The supervisory board also convened on the same day and agreed with the board's decisions regarding the semi-annual report and the assessment of credit and asset impairment losses [28][30].

Core Viewpoint - Taiji Co., Ltd. reported significant growth in both revenue and net profit for the first half of 2025, indicating strong financial performance and operational efficiency [1] Financial Performance - The company achieved a revenue of 3,781,592,555.80 yuan for the first half of 2025, representing a year-on-year increase of 44.69% [1] - The net profit attributable to shareholders of the listed company was 9,646,710.19 yuan, marking a substantial year-on-year growth of 106.07% [1]

Core Viewpoint - The company has appointed Liu Fengxian as the new Vice President, indicating a strategic move to enhance its leadership team [1] Company Summary - The board of directors of Taiji Co., Ltd. (stock code: 002368) made the decision to hire Liu Fengxian as Vice President [1]

Group 1 - The company reported a revenue of 3.782 billion yuan for the first half of 2025, representing a year-on-year growth of 44.69% [1] - The net profit attributable to shareholders of the listed company was 9.6467 million yuan [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 7.2068 million yuan [1] - The basic earnings per share were 0.0155 yuan [1]

Group 1 - The company Taiji Co., Ltd. (SZ 002368) announced the convening of its 20th meeting of the 6th board of directors on August 28, 2025, in Beijing, discussing the agenda including the 2025 semi-annual report and its summary [1] - For the year 2024, the revenue composition of Taiji Co., Ltd. is as follows: enterprises account for 49.39%, government agencies for 35.92%, public institutions for 10.1%, and other industries for 4.59% [1] - As of the report date, the market capitalization of Taiji Co., Ltd. is 18.5 billion yuan [1]

第五条 公司日常生产经营所涉及的采购、销售，需经本部门负责人及相关 领导审核后，由总裁或其授权的其他副总裁审批，必要时召集总裁办公会讨论决 定。 第六条 由公司董事会通过的年度生产经营计划及工作规划需要调整的，且 调整幅度不超过 20%的，由公司总裁办公会讨论决定；调整幅度超过 20%的， 由公司总裁办公会议讨论通过，报公司董事会审批。 太极计算机股份有限公司 日常生产经营决策制度 （2025 年 8 月修订） 第一条 为促进公司健康稳定发展，控制公司日常生产经营中的风险，使公 司生产经营环节规范运作，根据《中华人民共和国公司法》、《深圳证券交易所股 票上市规则》（以下简称"《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》、《太极计算机股份有限公司章程》（以 下简称"《公司章程》"）及相关法律法规的规定，特制定本制度。 第二条 本制度适用于下列日常经常性发生的生产经营活动的决策： 第三条 公司原材料或备品备件的采购，必须签订书面合同，并且应当遵照 《中华人民共和国民法典》等相关法律法规的规定。燃料、动力、日常办公所需 的低值易耗品的购买，根据金额大小或实际情况确定是否 ...

太极计算机股份有限公司 信息披露暂缓与豁免管理制度 （2025 年 8 月制订） 第一章 总则 第一条 为规范太极计算机股份有限公司（以下简称"公司"）信息披露暂缓 与豁免行为，确保公司及相关信息披露义务人依法合规地履行信息披露义务，保 护投资者的合法权益，根据《中华人民共和国保守国家秘密法》《中华人民共和 国公司法》《中华人民共和国证券法》《上市公司信息披露暂缓与豁免管理规定》 《上市公司信息披露管理办法》《深圳证券交易所股票上市规则》（以下简称"股 票上市规则"）等有关法律、法规、规章和《太极计算机股份有限公司章程》（以 下简称"《公司章程》"）、《太极计算机股份有限公司信息披露管理制度》的规定， 结合公司信息披露工作的实际情况，制定本制度。 第二条 公司和信息披露义务人暂缓、豁免披露临时报告，在定期报告、临 时报告中豁免披露中国证券监督管理委员会（以下简称"中国证监会"）和深圳 证券交易所（以下简称"深交所"）规定或者要求披露的内容，适用本制度。 第三条 公司应当审慎确定信息披露暂缓、豁免事项，履行内部审核程序后 实施，并采取有效措施防止暂缓或者豁免披露的信息泄露。 第四条 公司和信息披露义务人应当真实 ...

太极计算机股份有限公司 对外提供财务资助管理办法 （2025 年 8 月修订） 第一章 总则 第一条 为规范太极计算机股份有限公司（以下简称"公司"）对外提供财 务资助及相关信息披露工作，根据《中华人民共和国证券法》（以下简称"《证券 法》"）、《上市公司信息披露管理办法》以及《深圳证券交易所股票上市规则》和 《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 法律法规、规范性文件以及《公司章程》的有关规定，制定本办法。 第二条 本办法所称"对外提供财务资助"，是指公司及其控股子公司有偿 或者无偿对外提供资金、委托贷款等行为，但下列情况除外： （一）提供财务资助属于公司的主营业务； （二）资助对象为公司合并报表范围内的且持股比例超过 50%的控股子公司， 且该控股子公司其他股东中不包含上市公司的控股股东、实际控制人及其关联人； （三）中国证监会或者深圳证券交易所认定的其他情形。 公司存在下列情形之一的，应当参照本办法的规定执行： （一）在主营业务范围外以实物资产、无形资产等方式对外提供资助； （二）为他人承担费用； （三）无偿提供资产使用权或者收取资产使用权的费用明显低于行业一般水 平 ...