2025 年半年度持续督导跟踪报告 | 保荐人名称：国泰海通证券股份有限公司 | 被保荐公司简称：安诺其（300067） | | --- | --- | | 保荐代表人姓名：董橹冰 | 联系电话：021-38676666 | | 保荐代表人姓名：朱哲磊 | 联系电话：021-38677941 | 一、保荐工作概述 | 项目 | 工作内容 | | --- | --- | | 1、公司信息披露审阅情况 | | | （1）是否及时审阅公司信息披露文件 | 是 | | （2）未及时审阅公司信息披露文件的次数 | 0 次 | | 2、督导公司建立健全并有效执行规章制度的情况 | | | （1）是否督导公司建立健全规章制度（包括但不限于 防止关联方占用公司资源的制度、募集资金管理制度、 | 是 | | 内控制度、内部审计制度、关联交易制度） | | | （2）公司是否有效执行相关规章制度 | 是 | | 3、募集资金监督情况 | | | （1）查询公司募集资金专户次数 | 每月一次（注） | | （2）公司募集资金项目进展是否与信息披露文件一致 | 是 | | 4、公司治理督导情况 | | | （1）列席公司股东会次数 ...

Group 1 - The company Anuoqi (300067) responded to investor inquiries on September 11, indicating that as of September 10, 2025, the number of shareholders in the top N securities holder list (excluding merged margin financing accounts) is 52,554 [1]

Group 1 - The company held a significant investor relations event on September 5, with participation from 12 institutions, including Dongfang Caifu [1] - The company is integrating AI with digital printing through the acquisition of Gengcong Technology, creating an "AI + physical manufacturing innovation platform" [1] - The company plans to enhance online and offline platform promotion, aiming to establish a seamless connection between "creativity - production - consumption" [1] Group 2 - The company has adopted a platform-based and market-oriented operation model for its computing power leasing business, with the Zhixing Cloud platform operating stably for five years [2] - The dye business focuses on textile applications, with efforts to expand both domestic and overseas markets while innovating dyeing technology [2] - Gengcong Technology reported a revenue of 120 million yuan and a net profit exceeding 10 million yuan in the first half of the year, indicating successful strategic positioning in the AI digital board sector [2]

Group 1: Company Overview and AI Integration - The company has introduced AI capabilities through the acquisition of Gengcon Technology, integrating AI with digital printing to create an "AI + physical manufacturing innovation platform" [2] - New platforms such as "Shanghu AI Manufacturing" and "Maoqiu Dimension" have been launched, utilizing advanced technologies and a library of over one million copyright materials to provide comprehensive services from creative inspiration to physical printing [2] - The company aims to enhance online and offline platform promotion, establishing a seamless connection in the future manufacturing network for personalized product customization [2] Group 2: Business Applications and Future Plans - Currently, the customized printing business primarily focuses on textile products, with plans to expand into other categories such as ceramics [3] - The AI computing power business will strengthen downstream application development and marketing, with the launch of the "CatiMind" platform, which offers over 2000 preset functional nodes for users without the need for local GPU deployment [3] - The computing power leasing business operates on a platform-based and market-oriented model, with the Zhixing Cloud platform having stable operations for five years, reducing potential risks from single customer reliance [3] Group 3: Dye Products and Market Expansion - The company's dye products are mainly used in textile fabrics, with increased marketing efforts in the domestic market and active expansion into overseas markets [3] - The company is focused on innovation in dyeing technology and the introduction of new textile materials to meet stringent environmental and safety requirements [3] Group 4: Performance Metrics - Gengcon Technology reported a revenue of 120 million CNY and a net profit exceeding 10 million CNY in the first half of the year, indicating strong growth in the AI digital board sector [3] - The completion status of the 2025 annual performance target will be based on audited annual data [3]

Market Performance - The chemical products sector increased by 0.37% on September 1, with *ST Jintai leading the gains [1] - The Shanghai Composite Index closed at 3875.53, up 0.46%, while the Shenzhen Component Index closed at 12828.95, up 1.05% [1] Top Gainers in Chemical Sector - *ST Quantai (300225) closed at 5.79, up 12.21% with a trading volume of 366,800 shares and a turnover of 204 million yuan [1] - Kangda New Materials (002669) closed at 15.46, up 10.04% with a trading volume of 305,700 shares [1] - Jianye Co. (603948) closed at 32.09, up 10.01% with a trading volume of 25,800 shares [1] - Dinglong Technology (603004) closed at 24.42, up 10.00% with a trading volume of 78,100 shares [1] - Zanyu Technology (002637) closed at 12.02, up 9.97% with a trading volume of 154,400 shares [1] Top Losers in Chemical Sector - Akole (603722) closed at 51.95, down 7.99% with a trading volume of 75,000 shares and a turnover of 392 million yuan [2] - Jiabiyou (688089) closed at 27.36, down 5.07% with a trading volume of 122,100 shares [2] - Andyshi (66ZOO9) closed at 10.07, down 4.82% with a trading volume of 271,400 shares [2] Capital Flow Analysis - The chemical products sector experienced a net outflow of 361 million yuan from institutional investors, while retail investors saw a net inflow of 243 million yuan [2][3] - Kangda New Materials (002669) had a net inflow of 1.21 billion yuan from institutional investors, but a net outflow of 55.12 million yuan from retail investors [3] - Zanyu Technology (002637) had a net inflow of 61.87 million yuan from institutional investors, with a net outflow of 32.00 million yuan from retail investors [3]

Market Overview - As of 10:29 AM today, the Shanghai Composite Index stands at 3864.71 points, above the annual line, with a change of 0.18% [1] - The total trading volume of A-shares today is 138.21 billion yuan [1] Stocks Breaking Annual Line - A total of 41 A-shares have surpassed the annual line today, with notable stocks showing significant deviation rates [1] - The stocks with the highest deviation rates include: - Energy Iron Han (节能铁汉) with a deviation rate of 14.24% and a daily increase of 14.69% [1] - Qidi Environment (启迪环境) with a deviation rate of 7.10% and a daily increase of 10.26% [1] - ST Quanwei (ST泉为) with a deviation rate of 6.60% and a daily increase of 9.06% [1] Detailed Stock Performance - The following table summarizes the performance of selected stocks that have recently broken the annual line: | Stock Code | Stock Name | Daily Change (%) | Turnover Rate (%) | Annual Line (yuan) | Latest Price (yuan) | Deviation Rate (%) | | --- | --- | --- | --- | --- | --- | --- | | 300197 | 节能铁汉 | 14.69 | 5.66 | 2.12 | 2.42 | 14.24 | | 000826 | 启迪环境 | 10.26 | 8.19 | 2.01 | 2.15 | 7.10 | | 300716 | ST泉为 | 9.06 | 3.95 | 10.05 | 10.71 | 6.60 | | 001215 | 千味央厨 | 3.57 | 2.39 | 29.19 | 30.19 | 3.43 | | 601882 | 海天精工 | 5.10 | 1.67 | 20.52 | 21.02 | 2.45 | | 601298 | 青岛港 | 2.59 | 0.45 | 8.54 | 8.72 | 2.09 | | 002771 | 真视通 | 3.22 | 3.18 | 17.64 | 17.97 | 1.85 | | 600653 | 申华控股 | 2.56 | 1.44 | 1.97 | 2.00 | 1.76 | | 300141 | 和顺电气 | 1.77 | 1.04 | 9.07 | 9.22 | 1.63 | | 002390 | 信邦制药 | 2.75 | 1.17 | 3.68 | 3.73 | 1.46 | | 600189 | 泉阳泉 | 1.49 | 1.23 | 7.38 | 7.48 | 1.41 | | 601328 | 交通银行 | 1.51 | 0.53 | 7.28 | 7.38 | 1.40 | | 600518 | 康美药业 | 4.41 | 2.72 | 2.10 | 2.13 | 1.25 | | 300318 | 博晖创新 | 1.18 | 0.45 | 5.92 | 5.98 | 1.08 | | 300144 | 宋城演艺 | 1.49 | 1.35 | 8.82 | 8.88 | 0.72 | | 600916 | 中国黄金 | 1.83 | 2.15 | 8.27 | 8.33 | 0.71 | | 300067 | 安诺其 | 1.48 | 1.87 | 5.44 | 5.47 | 0.61 | | 600272 | 开开实业 | 1.36 | 1.09 | 13.39 | 13.45 | 0.48 | | 603310 | 巍华新材 | 0.61 | 0.69 | 17.96 | 18.05 | 0.47 | | 603718 | 海利生物 | 0.70 | 0.66 | 7.17 | 7.20 | 0.41 | | 603768 | 常青股份 | 0.95 | 0.80 | 12.72 | 12.76 | 0.35 | | 600062 | 华润双鹤 | 1.08 | 0.71 | 19.60 | 19.66 | 0.30 | | 300784 | 利安科技 | 2.40 | 3.84 | 56.62 | 56.78 | 0.29 | | 600236 | 桂冠电力 | 0.32 | 0.05 | 6.32 | 6.34 | 0.28 | | 300076 | GQY视讯 | 1.71 | 1.47 | 6.54 | 6.56 | 0.25 | | 601898 | 中煤能源 | 0.97 | 0.11 | 11.42 | 11.45 | 0.24 | [1]

公告显示，张烈寅女士本次减持符合相关法律法规、部门规章及规范性文件的规定，且已按照相关规定 进行了预披露。同时，本次减持不会导致公司控制权发生变更、实际控制人发生变化，也不会对公司治 理结构及持续经营产生影响。 2025年8月29日，上海安诺其集团股份有限公司发布公告，披露控股股东、实际控制人纪立军先生的一 致行动人张烈寅女士减持计划实施情况，其减持计划已实施完毕。 2025年7月3日，安诺其曾在巨潮资讯网披露《关于控股股东、实际控制人的一致行动人及监事减持股份 预披露公告》，张烈寅女士计划自减持股份的预披露公告发布之日起十五个交易日后（即自2025年7月 25日起）的三个月内（根据相关法律法规规定禁止减持的期间除外），以集中竞价方式和大宗交易方式 合计减持公司股份不超过23,087,490股（占公司总股本的2%）。其中，拟通过集中竞价交易方式减持不 超过11,543,745股（占公司总股本的1%），拟通过大宗交易方式减持不超过11,543,745股（占公司总股 本的1%）。 从实际减持情况来看： -集中竞价交易：2025年7月31日至2025年8月5日，张烈寅女士通过集中竞价交 易方式累计减持公司股份3,5 ...

公司控股股东、实际控制人纪立军先生的一致行动人张烈寅女士保证向本公司 提供的信息内容真实、准确、完整，没有虚假记载、误导性陈述或重大遗漏。 本公司及董事会全体成员保证公告内容与信息披露义务人提供的信息一致。 上海安诺其集团股份有限公司（以下简称"公司"）于2025年7月3日在巨潮资讯 网披露了《关于控股股东、实际控制人的一致行动人及监事减持股份预披露公告》（公 告编号：2025-028），公司控股股东、实际控制人纪立军先生的一致行动人张烈寅女士 计划在自减持股份的预披露公告发布之日起十五个交易日后（即自2025年7月25日起） 的三个月内（根据相关法律法规规定禁止减持的期间除外）以集中竞价方式和大宗交易 方式合计减持本公司股份不超过23,087,490股（占公司总股本的2%），其中：拟通过 集中竞价交易方式减持不超过11,543,745股（占公司总股本的1%），拟通过大宗交易 方式减持不超过11,543,745股（占公司总股本的1%）。 一、股东减持情况 证券代码：300067 证券简称：安诺其 公告编号：2025-045 上海安诺其集团股份有限公司 关于控股股东、实际控制人的一致行动人减持计划实施情况暨减持 ...

Market Overview - The Shanghai Composite Index is at 3812.43 points, above the annual line, with a change of 0.32% [1] - The total trading volume of A-shares is 1,230.98 billion yuan [1] Stocks Breaking Annual Line - 23 A-shares have broken above the annual line today, with notable stocks including Chuangyi Information, Zhongfu Information, and Qifeng New Materials, showing divergence rates of 11.29%, 5.02%, and 3.05% respectively [1] - Stocks with smaller divergence rates that have just crossed the annual line include Guizhou Tire, Andisoo, and Haier Smart Home [1] Top Stocks by Divergence Rate - Chuangyi Information (300366) has a daily increase of 13.27% and a divergence rate of 11.29% [1] - Zhongfu Information (300659) has a daily increase of 6.91% and a divergence rate of 5.02% [1] - Qifeng New Materials (002521) has a daily increase of 3.24% and a divergence rate of 3.05% [1] Additional Stocks with Minor Divergence - Anuoqi (300067) shows a daily increase of 2.60% with a divergence rate of 1.87% [1] - Henglin Shares (603661) has a daily increase of 2.56% and a divergence rate of 1.35% [1] - Other stocks with minor divergence rates include Rabbit Baby (002043), Landun Optoelectronics (300862), and Transsion Holdings (688036) [1]

Core Viewpoint - Annoqi (300067) reported a revenue increase but a significant decline in profit for the first half of 2025, indicating challenges in profitability despite revenue growth [1] Financial Performance Summary - Total revenue reached 512 million yuan, up 7.63% year-on-year, while net profit was -18.22 million yuan, down 263.8% [1] - In Q2, revenue was 253 million yuan, down 8.16% year-on-year, with a net loss of 8.78 million yuan, a decline of 247.8% [1] - Gross margin was 10.31%, down 47.3%, and net margin was -3.32%, down 216.19% [1] - Total operating expenses (selling, administrative, and financial) amounted to 62.45 million yuan, accounting for 12.19% of revenue, an increase of 10.8% year-on-year [1] - Earnings per share were -0.02 yuan, down 261.22% year-on-year, while operating cash flow per share was 0.04 yuan, up 607.23% [1] Changes in Financial Items - Accounts receivable increased by 33.55% due to higher revenue leading to increased receivables [2] - Contract liabilities decreased by 57.79% as prepayments from customers were recognized as revenue [2] - Long-term borrowings decreased by 46.08% due to reduced financing needs [2] - Accounts payable decreased by 47.37% as payments for supplier invoices were made [5] - Employee compensation liabilities decreased by 45.65% due to the payment of year-end bonuses [6] Cash Flow Analysis - Net cash flow from operating activities increased by 607.23% due to improved collection of receivables and reduced tax payments [7] - Net cash flow from investing activities increased by 50.68% as capital expenditures decreased [8] - Net cash flow from financing activities decreased by 62.78% due to prior fundraising activities and loan repayments [8] Business Evaluation - The company's return on invested capital (ROIC) was 0.36%, indicating weak capital returns, with a historical median ROIC of 6.06% over the past decade [9] - The net profit margin was -0.04%, suggesting low value addition from products or services [9] - The company has faced one loss year since its IPO, warranting further investigation into underlying causes [9] Operational Insights - The company’s cloud computing business primarily uses a rental model, targeting technology firms, research institutions, and innovative individuals [9]