Core Viewpoint - Fangzhitech Co., Ltd. received a tax refund of RMB 1,653,850.19 for software products, which represents 11.37% of the company's audited net profit attributable to shareholders for the most recent fiscal year [1] Group 1 - The company is a general VAT taxpayer and sells self-developed software products, including embedded software, subject to a VAT refund policy for amounts exceeding a 3% tax burden [1] - The government subsidy received is related to the company's daily operations and is considered sustainable [1]

证券代码：300235 证券简称：方直科技 公告编号：2025-061 深圳市方直科技股份有限公司 关于获得政府补助的公告 一、获得补助的基本情况 根据财政部、国家税务总局《关于软件产品增值税政策的通知》(财税[2011]100 号)的有关规定，增值税一般纳税人销售其自行开发生产的软件产品 (含嵌入式软 件)按法定税率征收增值税后，对其增值税实际税负超过3%的部分实行即征即退政 策。 深圳市方直科技股份有限公司(以下简称"公司")于2025年11月7日收到软件产 品增值税退税款人民币1,653,850.19元，补助形式为货币资金，占公司最近一个会 计年度经审计的归属于上市公司股东的净利润的11.37%。该项政府补助系与公司 日常经营活动相关的政府补助，具有可持续性。 二、补助的类型及其对上市公司的影响 1、补助类型 根据《企业会计准则第 16 号--政府补助》中规定：与资产相关的政府补助， 是指企业取得的、用于购建或以其他方式形成长期资产的政府补助；与收益相关 的政府补助，是指除与资产相关的政府补助之外的政府补助。 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 ...

Core Insights - A total of 77 stocks in the Shanghai and Shenzhen markets have experienced net inflows of main funds for five consecutive days or more as of November 5, with Cambricon Technologies (寒武纪-U) leading with 50 days of continuous inflow [1] - The total net inflow of main funds for Cambricon Technologies reached 6.325 billion yuan, followed by Shanghai Pudong Development Bank with a net inflow of 777 million yuan over five days [1] - In terms of the proportion of net inflow to trading volume, *ST Baoying ranks first, with a 47.72% increase over the past eight days [1] Summary by Category Stocks with Continuous Net Inflows - Cambricon Technologies (688256) has seen net inflows for 50 days totaling 6.325 billion yuan, with a price increase of 44.33% [1] - Shanghai Pudong Development Bank (600000) recorded net inflows of 777 million yuan over five days, with a price increase of 0.42% [1] - CITIC Bank (601998) had net inflows of 439 million yuan over six days, with a price increase of 3.85% [1] Notable Performers - *ST Baoying had the highest net inflow ratio, with a significant price increase of 47.72% over the last eight days [1] - Other notable stocks include Jiangsu Bank (600919) with a net inflow of 342 million yuan and a price increase of 5.70%, and Yaxing Anchor Chain (601890) with a net inflow of 331 million yuan and a price increase of 10.16% [1] Additional Stocks with Inflows - Other stocks with notable net inflows include: - China Shenhua (601088) with 314 million yuan and a 3.42% increase [1] - Haotian Co., Ltd. (603759) with 166 million yuan and a 64.35% increase over 11 days [1] - Microelectronic Physiology (688351) with 140 million yuan and a 12.94% increase [1]

Core Viewpoint - Huang Xiaofeng, a major shareholder of Fangzhi Technology, plans to reduce his stake by up to 752,270 shares, representing no more than 3% of the total share capital, without affecting the company's control or governance structure [1]. Group 1: Shareholder Reduction Plan - Huang Xiaofeng holds 30,068,615 shares, accounting for 11.99% of the total share capital, and intends to reduce his holdings within three months starting from November 25, 2025 [1]. - The reduction will occur through centralized bidding and block trading, with a limit of 1% through centralized bidding and 2% through block trading over a 90-day period [1]. - The estimated cash amount from this reduction is approximately 135 million yuan based on the closing price of 17.89 yuan per share on November 3, 2023 [1]. Group 2: Historical Shareholding and Reductions - Huang Xiaofeng initially held 25,838,500 shares, which was 16.31% of the total share capital, and has cumulatively reduced his holdings by 560,720 shares since March 9, 2015, realizing approximately 99.69 million yuan [2]. - The historical reduction data shows various periods of share sales, with the highest average selling price recorded at 21.54 yuan per share during the first reduction in March 2015 [3].

Summary of Key Points Core Viewpoint - Several shareholders from various companies are planning to reduce their stakes, indicating potential shifts in ownership and market sentiment. Additionally, some companies are facing significant regulatory actions, including delisting risks and investigations. Group 1: Shareholder Reductions - Montai High-tech's shareholders Guo Xianrui and Guo Lishuang plan to reduce their holdings by no more than 3% [1] - Boying Special Welding's shareholders Qianhai Equity Fund and Zhongyuan Qianhai Fund intend to reduce their stakes by no more than 3% [1] - Aerospace Intelligence's shareholder China Lucky plans to reduce its holdings by no more than 2.5% [1] - Ruifeng New Materials' shareholder Sinopec Capital aims to reduce its stake by no more than 1% [1] - Tianzhihang's shareholders Advanced Manufacturing Fund and Beijing-Tianjin-Hebei Fund plan to collectively reduce their holdings by no more than 3% [1] - Bull Group's actual controller Ruan Xueping has conducted a block trade to reduce 1.21% of the company's shares [1] - Other companies with notable reductions include Jiaoda Sino (up to 500,000 shares), Fangzhi Technology (up to 3%), and Shengyi Technology (up to 1%) [1] Group 2: Regulatory Actions and Investigations - ST Zhangjiajie will have its stock trading subject to additional delisting risk warnings and will be suspended [1] - Anpelong plans to terminate its 2025 restricted stock incentive plan [1] - Siwei Control's director and deputy general manager Zhao Jianzhou has been detained and is under investigation [1] - *ST Gaohong has been informed by the Shenzhen Stock Exchange that its stock will be delisted [1]

Group 1 - China Mobile's controlling shareholder, China Mobile Group, plans to transfer 41.98 million shares (0.19% of total shares) to China National Petroleum Corporation [1] - Strong瑞 Technology intends to invest 70 million yuan to acquire 35% equity in aluminum cooling technology company, which supplies components for NVIDIA AI servers [2] - Pingtan Development's stock price has increased over 100% in the last eight trading days, indicating significant abnormal trading behavior [3] Group 2 - Hezhong China warns of irrational speculation risk as its stock price has surged 61.23% over five consecutive trading days, significantly deviating from its fundamentals [4] - TCL Technology's participation in the restructuring plan of Suning Group has not been approved by creditors, leading to uncertainties in the restructuring process [5] - Huitian New Materials has signed a strategic cooperation agreement with Taiblue New Energy to collaborate in solid-state batteries and key materials [6] Group 3 - Han Jian He Shan has signed a procurement contract worth 207 million yuan with China Nuclear Industry Huaxing Construction, accounting for 26.29% of its audited revenue for 2024 [7] - Actual controller of Baihehua, Chen Lirong, mistakenly reduced his holdings by 160,000 shares but has since repurchased the same amount [8][9] - Yaxing Chemical is planning to acquire control of Tianyi Chemical through a combination of share issuance and cash payment, leading to a stock suspension [10] Group 4 - Shenghui Integration's shareholder, Suzhou Shengzhan, has terminated its plan to reduce holdings of up to 620,000 shares, having already reduced 565,500 shares [11] - North Bay Port reported a 22.73% year-on-year increase in cargo throughput in October [12] - Jiangling Motors experienced an 8.06% year-on-year increase in automobile sales in October [12]

Core Viewpoint - Huang Xiaofeng, a major shareholder of Fangzhi Technology, plans to reduce his holdings by up to 7.52 million shares, representing no more than 3% of the company's total share capital, within a three-month period starting from November 25, 2025 [2] Summary by Relevant Sections - **Shareholder Information** - Huang Xiaofeng holds 30,068,615 shares, accounting for 11.99% of the company's total share capital, which is calculated based on a total of 250,757,735 shares after excluding the repurchase account [2] - **Reduction Plan** - The planned reduction will occur through two methods: a maximum of 1% of the total shares via centralized bidding over 90 consecutive natural days, and a maximum of 2% via block trading over the same period [2]

Core Points - The major shareholder, Mr. Huang Xiaofeng, plans to reduce his stake in Fangzhi Technology (300235.SZ) by up to 7.5227 million shares, which represents no more than 3% of the company's total share capital [1] - The reduction will occur within a three-month period from November 25, 2025, to February 24, 2026, through centralized bidding and block trading methods [1] - The shareholder intends to reduce no more than 1% of the total shares through centralized bidding over a continuous period of 90 natural days, and no more than 2% through block trading over the same period [1]

Core Viewpoint - The major shareholder of Fangzhi Technology, Mr. Huang Xiaofeng, plans to reduce his stake in the company by up to 7.5227 million shares, which represents no more than 3% of the total share capital, through centralized bidding and block trading from November 25, 2025, to February 24, 2026 [1] Summary by Category - Shareholder Action - Mr. Huang Xiaofeng, holding more than 5% of the shares, intends to sell up to 7.5227 million shares [1] - The planned reduction will not exceed 3% of the company's total share capital [1] - Trading Method - The shares will be sold via centralized bidding and block trading methods [1] - Timeline - The reduction is scheduled to occur between November 25, 2025, and February 24, 2026 [1]

Core Points - The major shareholder of Fangzhi Technology, Mr. Huang Xiaofeng, plans to reduce his holdings by up to 7.5227 million shares, which accounts for no more than 3% of the company's total share capital [1] Summary by Category - **Shareholder Actions** - Mr. Huang Xiaofeng intends to reduce his stake in the company through centralized bidding and block trading from November 25, 2025, to February 24, 2026 [1]