Core Viewpoint - The release of "Renhe Large Model 2.0" industry intelligent agent marks a significant milestone for the company, showcasing the integration of AI technology in smart city governance and the transition from pilot demonstrations to widespread application of "governance productivity" [1][2] Group 1: Product Launch and Technology Integration - The "Renhe Large Model 2.0" focuses on the deep integration of large model technology in smart city governance, indicating a technological upgrade and a shift in governance logic [1] - The new product is based on the company's extensive experience in urban governance, combining data resources with cutting-edge large model technology to drive business model innovation [2] Group 2: Business Model Transformation - The company is transitioning from a traditional "project-based" software provider to a "platform + operation" service provider, with the AI agent as a core product [2] - The AI agent is expected to provide stable and sustainable subscription revenue, enhancing the company's profitability and market value [2] Group 3: Collaboration and Ecosystem Development - The company has partnered with several industry leaders to launch four joint solutions that integrate "Renhe Large Model 2.0" with partner products, marking a new phase in the smart city ecosystem collaboration [2] - The application scenarios of "Renhe Large Model 2.0" align closely with the guidelines issued by the Central Cyberspace Affairs Commission and the National Development and Reform Commission, indicating a strategic fit with national policies [1]

Core Viewpoint - The release of "Renhe Large Model 2.0" industry intelligent agent marks a significant milestone for the company, showcasing the integration of AI technology in smart city governance and the transition from pilot demonstrations to widespread application of "governance productivity" [1][2] Group 1: Product Launch and Technology Integration - The "Renhe Large Model 2.0" focuses on the deep integration of large model technology in smart city governance, indicating a technological upgrade and a shift in urban governance concepts [1] - The new product is based on the company's extensive experience in urban governance, combining data resources with cutting-edge large model technology to drive business model innovation [2] Group 2: Business Model Transformation - The company is transitioning from a traditional "project-based" software provider to a "platform + operation" service provider, with the AI agent as a core product [2] - The AI agent is expected to provide stable and sustainable subscription revenue, enhancing the company's profitability and market value [2] Group 3: Collaboration and Ecosystem Development - The company has partnered with several industry leaders to launch four joint solutions that integrate "Renhe Large Model 2.0" with partner products, marking a new phase in the smart city ecosystem collaboration [2] - The application scenarios of "Renhe Large Model 2.0" align closely with the guidelines issued by the Central Cyberspace Affairs Commission and the National Development and Reform Commission, indicating a strategic fit with national policies [1]

一、新产品介绍 北京数字政通科技股份有限公司 关于公司发布新产品的公告 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，无虚 假记载、误导性陈述或重大遗漏。 重要内容提示： 本次推出的新产品存在技术风险和市场风险，未来的市场规模和实际收益情况取决 于市场推广的进度、市场接受程度等因素，公司尚无法准确预测对公司经营业绩的影响 情况，请广大投资者理性投资，注意投资风险。 北京数字政通科技股份有限公司（以下简称"公司"或"数字政通"）于 2025 年 10 月 30 日召开"政通人和，百业具兴——'人和大模型 2.0'行业智能体发布会"， 本次发布会以"大模型智能体（AI agent）"为核心，聚焦大模型技术在智慧城市治理 中的深度融合与实战落地。"人和大模型 2.0"行业智能体的全新发布，标志着数字政 通从应用 AI 技术开展试点示范到全面推广"治理生产力"的新跨越，通过构建"数据- 算法-应用"智能体研发技术矩阵，加速智慧城市领域 AI Agent 落地应用。 "人和大模型 2.0"行业智能体的发布，不仅是一次技术的升级，更是数字政通推 动城市治理理念更新和治理逻辑变革的新的里程碑。未来，数字政通将继 ...

Core Viewpoint - The "street vendor economy" sector saw a 0.55% increase on October 24, with Penghui Energy leading the gains. The Shanghai Composite Index closed at 3950.31, up 0.71%, while the Shenzhen Component Index closed at 13289.18, up 2.02% [1]. Group 1: Market Performance - The street vendor economy sector's stocks showed varied performance, with Penghui Energy (300438) closing at 38.39, up 12.19%, and a trading volume of 675,000 shares, amounting to 2.528 billion yuan [1]. - Other notable performers included Haorun Technology (002963) with a 6.30% increase, Digital Zhengtong (300075) up 5.65%, and Guoen Co., Ltd. (002768) rising by 5.17% [1]. Group 2: Capital Flow - The street vendor economy sector experienced a net outflow of 209 million yuan from institutional investors, while retail investors saw a net inflow of 293 million yuan [2]. - The capital flow data indicates that Penghui Energy had a net inflow of 172 million yuan from institutional investors, while Digital Zhengtong faced a net outflow of 440 million yuan from retail investors [3].

每经头条（nbdtoutiao）——展望"十五五"|专访贺铿：必须改变以往将资金过度集中于房屋建设和基础 设施建设的倾向，更加突出民生领域投入 （记者 张明双） 2025年1至6月份，数字政通的营业收入构成为：智慧城市管理领域占比100.0%。 截至发稿，数字政通市值为97亿元。 每经AI快讯，数字政通（SZ 300075，收盘价：15.56元）10月22日晚间发布公告称，公司第六届第八次 董事会会议于2025年10月22日在公司会议室召开。会议审议了《关于公司2025年第三季度报告的议案》 等文件。 ...

Core Viewpoint - Digital政通 (300075.SZ) reported a year-on-year increase in operating revenue for Q3 2025, but also posted a significant net loss attributable to shareholders [1] Financial Performance - The operating revenue for Q3 2025 was 199 million yuan, representing a year-on-year increase of 25.40% [1] - The net profit attributable to shareholders was -33.51 million yuan [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -30.43 million yuan [1]

Group 1 - The core viewpoint of the article is that Digital政通 (300075) reported its Q3 2025 financial results, showing significant growth in revenue despite a net loss [1] - The company achieved operating revenue of 199 million yuan in Q3 2025, representing a year-on-year increase of 25.40% [1] - The net profit for the same period was a loss of 33.51 million yuan, which is an improvement of 34.88% compared to the previous year [1]

智通财经APP讯，数字政通(300075.SZ)发布2025年三季度报告，该公司前三季度营业收入为5.21亿元， 同比减少25.36%。归属于上市公司股东的净亏损为5220.23万元。归属于上市公司股东的扣除非经常性 损益的净亏损为6455.12万元。基本每股亏损为0.084元。 ...

智通财经APP讯，数字政通(300075.SZ)发布2025年三季度报告，该公司前三季度营业收入为5.21亿元， 同比减少25.36%。归属于上市公司股东的净亏损为5220.23万元。归属于上市公司股东的扣除非经常性 损益的净亏损为6455.12万元。基本每股亏损为0.084元。 ...

Core Viewpoint - The company reported a revenue of 199 million yuan for the third quarter, reflecting a year-on-year growth of 25.40%, but faced a net loss of 33.51 million yuan, a decrease of 34.88% [1] Financial Performance - Revenue for the first three quarters amounted to 521 million yuan, showing a year-on-year decline of 25.36% [1] - The net loss for the first three quarters was 52.20 million yuan, which represents a significant decrease of 354.59% [1]