Group 1 - Huawei Ascend concept stocks have seen a significant rise, with Lihexing hitting a 20% limit up and reaching a new high [1] - Donghua Software also reached the limit up, while Xingtuxinke increased by over 10% [1] - Other companies such as Xinghuan Technology, YKDE, Tianyuandike, Zhizhen Technology, and Yuntianlefei also experienced gains [1]

证券代码：003007 证券简称：直真科技 公告编号：2025-072 北京直真科技股份有限公司 2025 年第五次临时股东会决议公告 本公司及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。 特别提示： 1、本次股东会未出现否决议案的情形； 1、召开时间 （1）现场会议时间：2025年9月9日（星期二）下午14:00。 （2）网络投票时间：2025年9月9日。 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9月9日9:15－9:25；9:30 －11:30，13:00－15:00。 通过深圳证券交易所互联网投票系统进行网络投票的具体时间为2025年9月9日9:15至 15:00的任意时间。 2、本次股东会不涉及变更前次股东会决议。 一、会议召开和出席情况 2、现场会议召开地点：北京市海淀区海淀街道丹棱街18号创富大厦16层1605室。 3、会议召开方式 本次股东会采取现场投票与网络投票相结合的方式。 1 4、会议召集人：公司第六届董事会。 6、本次会议的召集、召开和表决程序符合《中华人民共和国公司法》等法律法规、规 范性文件及《公司章程》的有关规定。北京 ...

Meeting Details - The fifth temporary shareholders' meeting of Beijing Zhizhen Technology Co., Ltd. was held on September 9, 2025, at 14:00 [1][2] - The meeting was conducted both in-person and via online voting [4] - The meeting was attended by 137 shareholders and representatives, representing 64,310,939 shares, which is 63.1614% of the total voting shares [7] Voting Results - The proposal to change the company's business scope and amend the Articles of Association was approved with 64,263,490 votes in favor, accounting for 99.9262% of the valid votes [8] - Among minority shareholders, 380,520 votes were in favor, representing 88.9130% of the minority shareholders' valid votes [8] Legal Compliance - The meeting's procedures were confirmed to comply with relevant laws and regulations, as stated in the legal opinion provided by Beijing Zhide Law Firm [6][8]

Core Viewpoint - Beijing Zhizhen Technology Co., Ltd. has responded to the Shenzhen Stock Exchange's inquiry regarding its application for a specific stock issuance, with the audit firm conducting a thorough review of the related issues [1] Customer Concentration and Dependency - The company has a high customer concentration, with the top five customers accounting for 88.55% to 91.52% of total revenue over the reporting periods, and the largest customer, China Mobile, contributing 77.55% to 83.04% of revenue [2] - The telecom industry in China is characterized by oligopolistic competition, leading to high customer concentration for software and IT service companies [2] - The company's core product is OSS software for telecom operators, with long-term cooperation agreements in place, indicating a stable revenue stream despite significant reliance on China Mobile [2] Fundraising and Investment Projects - The primary target customers for the fundraising projects remain telecom operators, which may further increase customer concentration [3] - The company plans to diversify its customer base through technological innovation and expansion into non-telecom sectors [3] - The fundraising aims to raise 661.89 million yuan for multiple projects, primarily upgrading existing business products, which aligns with industry trends and customer needs [8] Cost Structure and Profitability - The company relies heavily on outsourced services, which accounted for 60.82% to 70.93% of main business costs, with personnel costs ranging from 15.34% to 34.55% [4] - The overall gross margin has shown a fluctuating upward trend, driven by an increase in high-margin software development and technical services [4] Research and Development - The company has a clear structure for R&D expenses, with a higher R&D expense ratio compared to peers in 2024-2025, influenced by customer structure and seasonal fluctuations [5] - The company has experienced significant fluctuations in net cash flow from operating activities, primarily due to variations in cash receipts and payments related to sales and services [5] Contract Assets and Goodwill - Contract assets have been increasing, reflecting a longer collection cycle from telecom operators, with no issues related to revenue recognition [7] - The company has conducted impairment tests on goodwill related to its acquisition of Yirsoft Technology, with appropriate provisions made for potential impairments [7] Overall Financial Health - The company has a reasonable capitalized R&D model for its fundraising projects, with a higher capitalized rate compared to existing operations [9] - The projected funding gap over the next three years is estimated at 935 million yuan, indicating the necessity of the current fundraising efforts [8]

Core Viewpoint - The company, Zhizhen Technology, is under market scrutiny following its application for a specific stock issuance to raise 661.8856 million yuan, aimed at funding multiple projects, with recent updates on project progress and operational status provided in response to the second round of review inquiries [1] Group 1: Fundraising Projects and Progress - The fundraising projects include the OSS product R&D platform, intelligent scheduling management system, next-generation digital home software-defined terminal, Shanghai R&D office project, and working capital supplementation [2] - The OSS product R&D platform and intelligent network key application project are currently in the development stage, while two other R&D projects have completed preliminary technical research, indicating low failure risk and alignment with the company's main business [2] - The company has engaged with potential clients regarding the fundraising projects, mitigating the risk of unsellable products, although there remains a risk of sales not meeting expectations [2] Group 2: Performance Challenges and Opportunities - Since its IPO in 2020, the company has faced significant losses and declining revenue, primarily due to changes in the industry environment and internal operational factors, including increased R&D demands and intensified market competition [4] - Despite the challenges, the shift in telecom operators' investment focus towards computing networks presents new business opportunities for the company, particularly in the next-generation digital home software-defined terminal project [4] - The company aims to enhance product competitiveness and explore new growth areas through increased R&D investment and strategic transformation, despite ongoing revenue decline in traditional OSS software and services [4]

证券简称：直真科技 证券代码：003007 北京直真科技股份有限公司 Beijing ZZNode Technologies Co., Ltd. (北京市昌平区科技园区中兴路 10 号 C207) 向特定对象发行A股股票 募集说明书 （修订稿） 保荐机构（主承销商） （江西省南昌市红谷滩新区红谷中大道 1619 号南昌国际金融大厦 A 栋 41 层） 二〇二五年九月 1-1-1 声 明 1、本公司及董事会全体成员保证公告内容真实、准确、完整，并确认不存 在虚假记载、误导性陈述或重大遗漏，并对本募集说明书内容的真实性、准确 性、完整性承担个别和连带的法律责任。 2、本募集说明书按照《上市公司证券发行注册管理办法》《公开发行证券 的公司信息披露内容与格式准则第 61 号——上市公司向特定对象发行证券募集 说明书和发行情况报告书》等要求编制。 3、本次向特定对象发行股票完成后，公司经营与收益的变化由公司自行负 责；因本次向特定对象发行股票引致的投资风险由投资者自行负责。 4、本募集说明书是公司董事会对本次向特定对象发行股票的说明，任何与 之相反的声明均属不实陈述。 5、投资者如有任何疑问，应咨询自己的经纪人、律师、 ...

证券简称：直真科技 证券代码：003007 关于北京直真科技股份有限公司申请 向特定对象发行股票的 关于北京直真科技股份有限公司申请向特定对象发行股票的第二轮审核问询函之回复报告（修订稿） 第二轮审核问询函之回复报告（修订稿） 保荐机构（主承销商） （江西省南昌市红谷滩新区红谷中大道 1619 号南昌国际金融大厦 A 栋 41 层） 二〇二五年九月 1 关于北京直真科技股份有限公司申请向特定对象发行股票的第二轮审核问询函之回复报告（修订稿） 深圳证券交易所： 贵所于 2025 年 6 月 12 日出具的《关于北京直真科技股份有限公司申请向特 定对象发行股票的第二轮审核问询函》（审核函〔2025〕120022 号）（以下简 称"《第二轮审核问询函》"）已收悉。北京直真科技股份有限公司（以下简称"发 行人"、"公司"、"直真科技"）与中航证券有限公司（以下简称"保荐机构"或"保 荐人"）、北京植德律师事务所（以下简称"律师"）、立信会计师事务所（特殊 普通合伙）（以下简称"会计师"）等相关方对《第二轮审核问询函》所列问题进 行了逐项核查，现回复如下，请予审核。 如无特别说明，本回复报告使用的简称与《募集说明书》中 ...

立信会计师事务所（特殊普通合伙） 关于《关于北京直真科技股份有限公司申 请向特定对象发行股票的第二轮审核问 询函之回复报告》（修订稿） 信会师函字[2025]第 ZB144 号 ิ信会计师事务所(特殊普通合伙) CHINA SHU LUN PAN CERTIFIED PUBLIC ACCOUNTANTS I 关于北京直真科技股份有限公司申请 向特定对象发行股票的第二轮审核问询函之回复(修订稿) 信会师函字[2025]第 ZB144 号 深圳证券交易所上市审核中心: 贵中心于 2025年 6 月 12 日出具的《关于北京直真科技股份有限公司申请向 特定对象发行股票的审核问询函》(审核函(2025)120022 号)(以下简称"《第 二轮审核问询函》")已收悉。立信会计师事务所(特殊普通合伙)(以下简称 "会计师"或"我们"）作为北京直真科技股份有限公司(以下简称"发行人" "公司""直真科技")2022年度、2023年度、2024年度财务报表审计机构, 就问询函中与会计师相关的问题进行了审慎核查,具体回复内容如下: 说明: | 黑体(加粗) | 第二轮审核问询函所列问题 | | --- | --- | | 宋体 ...

植德(证)字[2024]029-17号 Merits Ir 植德律师事务 北京植德律师事务所 关于北京直真科技股份有限公司 申请向特定对象发行股票的 补充法律意见书之四 二〇二五年九月 北京植德律师事务所 Merits & Tree Law Offices 北京市东城区东直门南大街1号来福士中心办公楼 12层 | 邮编:100007 12th Floor, Raffles City Beijing Office Tower, No.1 Dongzhimen South Street, Dongcheng District, Beijing 100007 P.R.C 电话(Tel):010-56500900 传真(Fax):010-56500999 www.meritsandtree.com 北京植德律师事务所 关于北京直真科技股份有限公司 申请向特定对象发行股票的 补充法律意见书之四 植德(证)字[2024] 029-17号 致:北京直真科技股份有限公司(发行人) 根据本所与发行人签订的《律师服务合同》,本所接受发行人的委托,担任 发行人本次发行的专项法律顾问。 本所律师已根据《公司法》《证券法律业务管理办法 ...

立信会计师事务所(特殊普通合伙) 关于《关于北京直真科技股份有限 公司申请向特定对象发行股票的审 核问询函之回复报告》（修订稿） 信会师函字[2025]第 ZB143 号 言会计师事务所(特殊普通合' o china shu lun pan certified public accountants 关于北京直真科技股份有限公司 申请向特定对象发行股票的审核问询函之回复（修订稿） 信会师函字[2025]第 ZB143 号 深圳证券交易所: 贵所于 2024年 12月2日出具的《关于北京直真科技股份有限公司申请向特 定对象发行股票的审核问询函》（审核函〔2024〕120054 号）（以下简称"问 询函"）已收悉。立信会计师事务所(特殊普通合伙)（以下简称"会计师"或 "我们"）作为北京直真科技股份有限公司(以下简称"发行人""公司""直 真科技"）2022 年度、2023 年度、2024年度财务报表审计机构,就问询函中与 会计师相关的问题进行了审慎核查,具体回复内容如下: 说明: | 業体(加粗) | 问询函所列问题 | | --- | --- | | 宋体(不加粗) | 对问询函所列问题的回复 | | 榴体(加 ...