Core Viewpoint - Taiji Co., Ltd. announced the convening of its first temporary board meeting for 2025 on November 18, 2025, to discuss the appointment of a board secretary and other documents [1] Company Summary - For the first half of 2025, Taiji Co., Ltd.'s revenue composition is as follows: enterprises account for 46.13%, government agencies for 40.23%, public institutions for 10.21%, and other industries for 3.43% [1] - As of the report date, Taiji Co., Ltd. has a market capitalization of 15.5 billion yuan [1]

关于选举职工代表董事的公告 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 性陈述或重大遗漏。 一、选举职工代表董事情况 鉴于太极计算机股份有限公司（以下简称"公司"）第六届董事会任期届满， 根据《公司法》《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》等有关法律法规的规定，公司按法定程序开展换届选举工作，公司 第七届董事会由 9 名董事组成，其中 1 名为职工代表董事。 公司于近日召开职工代表大会，以无记名投票方式选举柴永茂先生为公司第 七届董事会职工代表董事（简历详见附件）。柴永茂先生与公司 2025 年第一次 临时股东大会选举产生的其他董事共同组成公司第七届董事会，任期至第七届董 事会任期届满之日止。 本次董事会换届选举完成后，公司董事会中兼任公司高级管理人员以及由职 工代表担任的董事人数总计未超过公司董事总数的二分之一，符合相关法律法规 和规范性文件的规定。 二、备查文件 证券代码：002368 证券简称：太极股份 公告编号：2025-045 太极计算机股份有限公司 特此公告。 太极计算机股份有限公司 董事会 2025 年 11 月 18 日 1 ...

证券代码：002368 证券简称：太极股份 公告编号：2025-046 太极计算机股份有限公司 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 性陈述或重大遗漏。 特别提示： 1、本次股东大会没有出现否决议案的情形，本次股东大会不涉及变更前次股东 大会决议的情形。 2、本次股东大会对中小投资者的表决单独计票。 二、会议出席情况 一、会议召开情况 1、召开时间： （1）现场会议召开时间：2025 年 11 月 18 日下午 14:00 （2）网络投票时间：2025 年 11 月 18 日 其中，通过互联网投票系统投票的具体时间为 2025 年 11 月 18 日 9:15 至 15:00 期间的任意时间；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 11 月 18 日上午 9:15—9:25,9:30—11:30 和下午 13:00—15:00。 2、召开地点： 现场会议地点：北京市朝阳区容达路 7 号院中国电科太极信息产业园 C 座 会议中心。 3、召开方式：现场表决与网络投票相结合方式。 4、召集人和主持人：由公司第六 ...

北京市天元律师事务所 关于太极计算机股份有限公司 2025 年第一次临时股东大会的法律意见 京天股字（2025）第 710 号 致：太极计算机股份有限公司 太极计算机股份有限公司（以下简称"公司"）2025 年第一次临时股东大 会（以下简称"本次股东大会"）采取现场投票与网络投票相结合的方式，其中 现场会议于 2025 年 11 月 18 日 14:00 在北京市朝阳区容达路 7 号院中国电科太 极信息产业园 C 座会议中心召开。北京市天元律师事务所（以下简称"本所"） 接受公司聘任，指派本所律师参加本次股东大会现场会议，并根据《中华人民共 和国公司法》、《中华人民共和国证券法》（以下简称"《证券法》"）、《上 市公司股东会规则》（以下简称"《股东会规则》"）以及《太极计算机股份有 限公司章程》（以下简称"《公司章程》"）等有关规定，就本次股东大会的召 集、召开程序、出席现场会议人员的资格、召集人资格、会议表决程序及表决结 果等事项出具本法律意见。 为出具本法律意见，本所律师审查了《太极计算机股份有限公司第六届董事 会第二十二次会议决议公告》《太极计算机股份有限公司第六届监事会第十九次 会议决议公告》《太极计 ...

证券代码：002368 证券简称：太极股份 公告编号：2025-047 太极计算机股份有限公司 第七届董事会第一次会议决议公告 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 性陈述或重大遗漏。 一、董事会会议召开情况 太极计算机股份有限公司（以下简称"公司"）于 2025 年 11 月 18 日召开 2025 年第一次临时股东大会，选举产生公司第七届董事会成员，为保证董事会工作的 连贯性，公司第七届董事会第一次会议通知于当日以口头的方式发出，会议于 2025 年 11 月 18 日在中国电科太极信息产业园 C 座会议中心以现场表决的方式 召开。 经董事会全体成员推举，本次会议由董事孙亭先生主持，会议应到董事 9 位，实到董事 9 位，公司部分高级管理人员列席了会议。本次会议的召开符合《公 司法》和《公司章程》的有关规定。 二、董事会会议审议情况 （一）审议通过了《关于选举第七届董事会董事长的议案》 全体董事一致选举孙亭先生为公司第七届董事会董事长，任期与公司第七届 董事会一致。 孙亭先生简历详见附件。 表决结果：9票同意、0票反对、0票弃权。 （二）审议通过了《关于选举公司董事会 ...

Core Viewpoint - On November 11, Taiji Co., Ltd. experienced a 1.57% decline in stock price with a trading volume of 189 million yuan, indicating a potential shift in investor sentiment and market dynamics [1] Financing Summary - On November 11, Taiji Co., Ltd. had a financing buy-in amount of 23.64 million yuan and a financing repayment of 20.17 million yuan, resulting in a net financing buy of 3.47 million yuan [1] - As of November 11, the total financing and securities lending balance for Taiji Co., Ltd. was 895 million yuan, with the financing balance at 893 million yuan, accounting for 5.71% of the circulating market value, which is above the 90th percentile of the past year [1] - The company had a securities lending repayment of 4,100 shares and a securities lending sell of 3,700 shares on November 11, with a lending balance of 134,140 yuan, which is below the 20th percentile of the past year [1] Business Performance - For the period from January to September 2025, Taiji Co., Ltd. reported a revenue of 4.865 billion yuan, representing a year-on-year growth of 12.15%, and a net profit attributable to shareholders of 4.0465 million yuan, showing a significant year-on-year increase of 114.31% [2] - The company has cumulatively distributed 1.191 billion yuan in dividends since its A-share listing, with 284 million yuan distributed over the past three years [3] Shareholder Information - As of October 31, the number of shareholders for Taiji Co., Ltd. was 55,400, a decrease of 0.52% from the previous period, while the average circulating shares per person increased by 0.53% to 11,193 shares [2] - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited held 8.8238 million shares, a decrease of 1.4159 million shares from the previous period [3]

Investment Rating - The report maintains a "Recommended" rating for the computer industry, indicating a potential upside of over 15% relative to the benchmark index [5]. Core Insights - The report highlights the significance of recent equity transfers between major state-owned enterprises (SOEs), which are expected to enhance resource synergy and collaboration in the digital transformation sector [1][2]. - The strategic cooperation agreement signed between Taiji Technology and Deep Sanda aims to leverage their strengths in areas such as cloud computing and digital transformation, contributing to the national digital economy [2][3]. - The report emphasizes the government's strong focus on SOE reform, with the recent equity transfers signaling an acceleration in this process and a commitment to enhancing innovation capabilities within the industry [3]. Summary by Sections Equity Transfers - Deep Sanda's major shareholder, China Electronics Group, transferred a total of 34.253 million shares, reducing its stake from 47.23% to 44.22% [1]. - Taiji Technology saw a transfer of 28.932 million shares, with China Electronics Group's stake decreasing from 38.76% to 34.11% [2]. Strategic Cooperation - The partnership between Taiji Technology and Deep Sanda is set to strengthen their collaboration in digital solutions, aiming to create a comprehensive digital strategy for the industry [2]. Policy Support - The report notes that the Chinese government is actively promoting SOE reforms, which are expected to lead to better resource allocation and innovation in the computer industry [3][4]. - The focus on enhancing core technologies and fostering a new system for national innovation is seen as a significant trend that will benefit the industry [4]. Investment Recommendations - The report suggests focusing on companies such as China Software, Putian Technology, and others that are well-positioned to benefit from the ongoing SOE reforms and digital transformation initiatives [4].

Core Viewpoint - Two major state-owned enterprises, China Electronics and China Electronics Technology Group, are deepening strategic cooperation through cross-shareholding to better serve the national digital economy development [2][9]. Group 1: Share Transfer Agreements - On November 9, 2023, Shen Sanda A announced that its controlling shareholder's action partner, China Electronics Investment Holdings, signed an agreement with China Electronics Technology Group to transfer a total of 3.01% of the company's shares [2][5]. - Concurrently, Taiji Co. announced that China Electronics Technology Group plans to transfer 4.64% of its shares to China Electronics Investment Holdings [2][7]. - The share transfer price for Shen Sanda A was set at 5.71 CNY per share, totaling approximately 196 million CNY, while Taiji Co.'s transfer price was 8.41 CNY per share, totaling about 252 million CNY [6][8]. Group 2: Financial Performance and Challenges - Shen Sanda A's financial performance has been under pressure, with a net profit of -299 million CNY for the first three quarters of 2025, a year-on-year decline of 136.01% [10][11]. - The company reported a revenue of 33.019 billion CNY, down 31.81% year-on-year, attributed to intense market competition and declining gross margins [10][11]. - The company has been experiencing a trend of increasing revenue without corresponding profit growth, with revenues from 2021 to 2024 showing consistent growth, but net profits remaining weak [10][11]. Group 3: Tax Liabilities and Future Outlook - Shen Sanda A's subsidiary was required to pay back taxes and penalties totaling approximately 112 million CNY, which will significantly impact the company's profits [11]. - The company is focusing on technology innovation and product development to meet market demands and drive digital transformation, with significant investments in R&D [12][13].

Core Viewpoint - The strategic cooperation between two major state-owned enterprises, China Electronics Technology Group (China Electric) and China Electronics Corporation, involves significant share transfers in listed companies, aiming to enhance industrial synergy and support national digital economy development [1][2][5]. Group 1: Share Transfer Details - China Electronics' subsidiary, Shenzhen Sanda Co., Ltd. (Deep Sanda A), disclosed a share transfer agreement where China Electric's subsidiary, China Electric Taiji (Group), will acquire 22.6795 million shares, representing 1.9930% of the total share capital [1][2]. - Additionally, China Electric's investment arm will acquire 11.573 million shares of Deep Sanda A, accounting for 1.0170% of the total share capital, with both transactions priced at 5.71 yuan per share [4]. - Following these transactions, China Electronics' stake in Deep Sanda A will decrease from 47.2314% to 44.2214%, while China Electric will hold 3.01% [4]. Group 2: Taiji Shares Transfer - China Electric Taiji announced a share transfer to China Electronics' subsidiary, where 19.1567 million shares will be transferred, representing 3.0738% of the total share capital, and another 9.7756 million shares will be transferred at 8.41 yuan per share [4][5]. - After the completion of these transactions, China Electric will hold 34.1149% of Taiji shares, maintaining its status as the actual controller, while China Electronics will indirectly control 4.6423% [5]. Group 3: Strategic Intent - Both companies stated that the share transactions aim to deepen strategic cooperation among state-owned enterprises, enhance industrial collaboration, and create a synergistic ecosystem to better serve the national digital economy [5]. - The transactions are subject to approval from the State-owned Assets Supervision and Administration Commission and compliance confirmation from the Shenzhen Stock Exchange [6]. Group 4: Company Background - China Electric, established in 2002 with a registered capital of 20 billion yuan, is a key state-owned enterprise directly managed by the central government, focusing on military electronics and national strategic technology [6]. - China Electronics, founded in 1989 with a registered capital of approximately 18.5 billion yuan, is also a significant state-owned enterprise with a core focus on information technology, employing around 189,000 staff and holding total assets of 476.46 billion yuan [7].

Core Viewpoint - Taiji Co., Ltd. announced the transfer of shares from its controlling shareholder, China Electric Taiji and its concerted party, Electric Science Investment, to China Electric Investment through a private agreement, aiming to deepen strategic cooperation among state-owned enterprises and enhance industrial synergy [2]. Summary by Relevant Sections - **Share Transfer Details** - China Electric Taiji will transfer 19,156,668 shares, representing 3.0738% of the total share capital - Electric Science Investment will transfer 9,775,635 shares, representing 1.5685% of the total share capital - The transfer price per share is set at RMB 8.41 [2]. - **Strategic Intent** - The purpose of the share transfer is to deepen strategic cooperation among central enterprises and leverage industrial synergy [2].