Core Viewpoint - The company, SuperMap Software, is entering the commercial aerospace sector by developing remote sensing software processing platforms and applying satellite remote sensing data [1] Group 1: Company Overview - SuperMap Software is a leader in the GIS industry and possesses proprietary intellectual property rights for its SuperMapGIS platform software [1] - The company has technical advantages in remote sensing data processing, storage management, and application [1] Group 2: Industry Engagement - The company has initiated a series of explorations and applications in the aerospace field through collaborations with research institutions, satellite application centers, and aerospace enterprises [1]

Core Viewpoint - The company, SuperMap Software, is entering the commercial aerospace sector by developing remote sensing software processing platforms and applying satellite remote sensing data [1] Group 1: Company Overview - SuperMap Software is a leader in the GIS industry and possesses proprietary intellectual property for its SuperMap GIS platform software [1] - The company has technical advantages in remote sensing data processing, storage management, and application [1] Group 2: Industry Engagement - The company has initiated a series of explorations and applications in the aerospace field through collaborations with research institutions, satellite application centers, and aerospace enterprises [1]

Company Overview - ChaoTu Software, established on June 18, 1997, and listed on December 25, 2009, is located in Beijing and specializes in the research and sales of Geographic Information System (GIS) platform software, with a revenue composition of 98.83% from GIS software and 1.17% from other services [1][2]. Stock Performance - As of December 18, ChaoTu Software's stock price increased by 2.10% to 16.99 CNY per share, with a trading volume of 1.25 billion CNY and a turnover rate of 1.70%, resulting in a total market capitalization of 8.372 billion CNY [1]. - Year-to-date, the stock price has risen by 0.06%, with a 2.10% increase over the last five trading days, an 8.06% decrease over the last 20 days, and a 2.66% increase over the last 60 days [1]. Financial Performance - For the period from January to September 2025, ChaoTu Software reported a revenue of 968 million CNY, reflecting a year-on-year growth of 2.02%, and a net profit attributable to shareholders of 42.96 million CNY, which is a significant increase of 63.29% year-on-year [2]. Shareholder Information - As of December 10, the number of shareholders decreased by 6.67% to 42,000, while the average number of circulating shares per person increased by 7.14% to 10,439 shares [2]. - The company has distributed a total of 298 million CNY in dividends since its A-share listing, with 49.28 million CNY distributed over the last three years [3]. Institutional Holdings - As of September 30, 2025, Jin Ying Technology Innovation Stock A is the third-largest circulating shareholder with 7.171 million shares, an increase of 2.2 million shares from the previous period. Hong Kong Central Clearing Limited is a new tenth-largest shareholder with 4.816 million shares [3].

证券日报网讯12月15日，超图软件（300036）在互动平台回答投资者提问时表示，截至12月10日，公司 股东户数约4.2万户。 ...

人民财讯12月8日电，中银证券（601696）研报称，太空数据中心建设有望加快，催生新应用场景。通 过火箭可回收技术等新技术降低发射成本、实现规模化、高频次发射是加快卫星星座铺设速度的关键。 随着卫星向计算平台演进，星载计算芯片、存储设备和高带宽激光通信终端需求有望快速提升。太空算 力的发展有望创造新的应用场景和商业模式，太空数据中心的建设也对能源保障提出了更高要求。建议 关注佳缘科技（301117）、上海瀚讯（300762）、星图测控、中科星图、航天宏图、超图软件 （300036）、盛邦安全、开普云等。 ...

Investment Rating - The industry investment rating is "Outperform the Market" [1][29] Core Viewpoints - The establishment of the Commercial Space Administration by the National Space Administration marks a new phase of high-quality development in China's commercial space industry, with a focus on space computing as a core area where AI and commercial space intersect [2][8] - The rapid evolution of artificial intelligence has significantly increased global demand for computing power, while traditional ground data centers face limitations such as energy consumption and land use, making space-based data centers a viable solution [15][16] - The successful launch of the first space computing satellite constellation by Guoxing Aerospace represents a significant milestone in the development of space computing capabilities [18][19] Summary by Sections Industry Investment Rating - The report rates the industry as "Outperform the Market," indicating expectations for the industry index to perform better than the benchmark index over the next 6-12 months [1][29] Key Developments - The National Space Administration has initiated the "Action Plan for Promoting High-Quality and Safe Development of Commercial Space (2025-2027)," aiming for significant advancements in the commercial space sector by 2027 [8][9] - Major tech companies like Google and OpenAI are entering the space computing arena, with projects aimed at enhancing satellite communication and processing capabilities [12][13] Demand Side - The demand for computing power is driven by the rapid advancement of AI, with space offering advantages such as abundant solar energy and superior cooling conditions compared to ground data centers [15][16] Technology Side - The successful launch of the Zhuque-3 rocket signifies the beginning of China's reusable rocket era, which is expected to lower launch costs and increase the frequency of satellite deployments [16][17] Industry Progress - The first space computing satellite constellation has been successfully launched, marking a significant step in establishing a space-based computing network capable of real-time data processing and analysis [18][19] - The construction of space data centers is anticipated to accelerate, creating new application scenarios and business models [22]

（文章来源：证券日报） 证券日报网讯 12月3日，超图软件在互动平台回答投资者提问时表示，公司暂未参与郑州智能体项目。 ...

Core Viewpoint - ChaoTu Software's stock price has experienced fluctuations, with a recent decline of 2.09% and a year-to-date increase of 7.77%, indicating mixed market sentiment towards the company [1] Company Overview - ChaoTu Software, established on June 18, 1997, and listed on December 25, 2009, is based in Beijing and specializes in the research and sales of Geographic Information System (GIS) platform software [1] - The company's main business revenue composition is 98.83% from GIS software and 1.17% from other supplementary services [1] Financial Performance - For the period from January to September 2025, ChaoTu Software reported a revenue of 968 million yuan, reflecting a year-on-year growth of 2.02%, while the net profit attributable to shareholders was 42.96 million yuan, showing a significant increase of 63.29% [2] - Cumulatively, the company has distributed 298 million yuan in dividends since its A-share listing, with 49.28 million yuan distributed over the past three years [3] Shareholder Information - As of November 20, 2025, the number of shareholders for ChaoTu Software increased by 15% to 46,000, while the average number of tradable shares per person decreased by 13.04% to 9,532 shares [2] - The top ten circulating shareholders include Jin Ying Technology Innovation Stock A, which increased its holdings by 2.2 million shares, and Hong Kong Central Clearing Limited, which is a new entrant among the top shareholders [3] Market Activity - On November 28, 2025, ChaoTu Software's stock traded at 18.30 yuan per share, with a total market capitalization of 9.018 billion yuan [1] - The stock experienced a net outflow of 22.71 million yuan in principal funds, with significant selling pressure observed [1]

Core Insights - As of November 20, the number of shareholders for ChaoTu Software is approximately 46,000 [2] Company Information - ChaoTu Software responded to investor inquiries on November 26 regarding its shareholder count [2]

Market Overview - The Shanghai Composite Index rose by 0.87% on November 25, with 29 out of the 31 sectors experiencing gains, led by the communication and media sectors, which increased by 3.54% and 2.85% respectively [2] - The computer sector also saw an increase of 1.10% [2] Capital Flow - The net inflow of capital in the two markets was 13.215 billion yuan, with 19 sectors receiving net inflows [2] - The electronics sector had the highest net inflow of 5 billion yuan, followed closely by the communication sector with a net inflow of 4.881 billion yuan [2] Computer Sector Performance - In the computer sector, 336 stocks were tracked, with 273 stocks rising and 53 stocks declining [3] - The top three stocks with the highest net inflow were Rongji Software (4.25 billion yuan), South Network Digital (4.06 billion yuan), and Dahua Intelligent (1.90 billion yuan) [3] - The sector experienced a net outflow of 3.072 billion yuan, with the largest outflows from Zhongke Shuguang (7.75 billion yuan), Sanliu Ling (4.34 billion yuan), and Nanwei Software (2.04 billion yuan) [3][5] Top Gainers in Computer Sector - The top gainers in the computer sector included: - Rongji Software: +10.03%, turnover rate 47.81%, net inflow 425.13 million yuan - South Network Digital: +19.99%, turnover rate 55.02%, net inflow 406.37 million yuan - Dahua Intelligent: +10.02%, turnover rate 12.05%, net inflow 190.23 million yuan [4] Top Losers in Computer Sector - The top losers in the computer sector included: - Zhongke Shuguang: -0.44%, turnover rate 2.69%, net outflow -775.37 million yuan - Sanliu Ling: +1.15%, turnover rate 7.60%, net outflow -433.98 million yuan - Nanwei Software: -2.29%, turnover rate 22.81%, net outflow -204.03 million yuan [5]