第五届董事会第三十次会议 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。 一、董事会会议召开情况 深圳市长亮科技股份有限公司（以下简称"公司"）第五届董事会第三十 次会议（以下简称"董事会"）由董事长召集，于 2025 年 8 月 10 日以电子邮 件形式向全体董事发出通知，并于 2025 年 8 月 14 日上午 10 时至 11 时在公司 大会议室以现场会议与通讯表决的方式召开。出席本次会议的董事共 9 人 （其中受托董事 0 人，通讯表决的董事 4 人，为王长春、魏锋、张苏彤、赵一 方），占公司董事总数的 100%，超过半数，符合《公司法》及《公司章程》关 于召开董事会的规定。 二、董事会会议审议情况 证券代码：300348 证券简称：长亮科技 公告编号：2025-054 深圳市长亮科技股份有限公司 本次董事会由董事长王长春先生主持，公司监事和高级管理人员列席了本 次董事会。会议审议了本次会议的议题，并经投票表决审议通过了以下议案： 1、审议通过了《关于公司<2025 年半年度报告及 2025 年半年度报告摘要> 的议案》 董事会认为公司《20 ...

长亮科技公告，2025年上半年营业收入6.64亿元，同比下降5.64%。净利润亏损1910.85万元，上年同期 净利润183.7万元。 ...

Group 1 - The Computer ETF (159998) showed strong performance, rising 1.15% with a trading volume exceeding 28 million yuan as of August 14 [1] - Among the constituent stocks, Zhongke Shuguang increased by over 7%, with other stocks like Jiangbolong, China Great Wall, Shiji Information, and Hengsheng Electronics also experiencing gains [2] - The latest scale of the Computer ETF (159998) reached 3.493 billion yuan, ranking first among all computer-related ETF products in the market [2] Group 2 - The Cloud Computing ETF (517390) rose by 0.49% with a trading volume exceeding 14 million yuan as of the same date [2] - Notably, Huasheng Tiancai hit the daily limit, with Zhongke Shuguang, Shuguang Shuchuang, Tuolisi, and Changliang Technology also reaching the daily limit [2] - The Cloud Computing ETF (517390) recorded a 5.87% increase over the past week (August 7-13), leading among similar products [2] Group 3 - The National Development and Reform Commission reported significant advancements in China's digital infrastructure during the 14th Five-Year Plan, with 5G base stations expected to reach 4.55 million and gigabit broadband users at 226 million by June 2025 [3] - The total computing power in China ranks second globally, contributing positively to economic and social development [3] - Recent earnings reports from overseas AI application software companies like AppLovin and Palantir exceeded expectations, indicating accelerated commercialization of AI [3]

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。 证券代码：300348 证券简称：长亮科技 公告编号：2025-051 深圳市长亮科技股份有限公司 关于使用部分闲置募集资金和自有资金进行现金管理的 进展公告 深圳市长亮科技股份有限公司（以下简称"公司"）于 2024 年 8 月 14 日召 开公司第五届董事会第十八次会议、第五届监事会第十五次会议，分别审议通过 了《关于使用部分闲置募集资金和自有资金进行现金管理的议案》，同意公司拟 对不超过人民币 8,000 万元（含本数）的部分闲置募集资金和不超过人民币 4 亿 元（含本数）自有资金进行现金管理。上述额度自公司董事会审议通过之日起 12 个月内有效，在前述额度和期限范围内可循环滚动使用，且单个产品的投资期限 不超过 12 个月。具体内容详见公司于 2024 年 8 月 14 日在中国证监会创业板指 定信息披露网站巨潮资讯网（www.cninfo.com.cn）上披露的相关公告。 在上述决议授权范围内，公司根据经营情况使用部分闲置募集资金和自有资 金进行现金管理。现将公司进行现金管理的相关进展公告如下： 注：上 ...

Investment Rating - The industry investment rating is optimistic [1] Core Insights - The financial IT sector shows significant elasticity during the initial stages of a bull market, with notable price increases and valuation expansions [3] - The combination of technology and finance attributes leads to a "Davis Double Play" effect during bull markets, particularly highlighted in 2015 [4] - Current advancements in AI and new business developments are expected to drive further growth in the financial IT sector [5] Summary by Sections 2014-2015: Liquidity Explosion, Financial Technology Leads - The bull market from 2014 to 2015 was driven by ample liquidity and the rise of mobile internet, leading to significant gains in financial technology stocks [15][19] - Financial technology stocks experienced substantial price increases, with some stocks seeing gains close to 450% compared to mid-2014 levels [4] - The financial IT sector benefited from increased investor participation and software usage during the bull market [33] 2016-2018: Structural Bull Market, Varied Performance in Financial Technology - The period from 2016 to 2018 was characterized by a structural bull market influenced by supply-side reforms and foreign capital inflows [43] - Financial technology stocks underperformed compared to the broader market during this period, primarily due to high valuations and changing market preferences [46][52] - The financial IT sector faced challenges as the market shifted focus towards blue-chip and consumer stocks, leading to a decline in growth stocks [56] 2019-2021: Core Assets Drive Structural Bull Market - The financial technology sector saw a resurgence from 2019 to 2021, driven by global liquidity and domestic industrial upgrades [70] - The introduction of the Sci-Tech Innovation Board in 2019 significantly boosted the financial technology sector, with strong performance noted in various market phases [76][81] - Financial technology stocks outperformed the market during key periods, reflecting the sector's recovery and growth potential [82]

Group 1 - The core viewpoint of the news is that AI application stocks in China experienced a significant decline, with the ChiNext AI Index dropping nearly 2% and falling below the 10-day moving average [1][3] - The decline was led by companies such as Wanxing Technology, which fell over 11%, while only a few stocks like Zhongji Xuchuang and Runze Technology managed to rise [1][3] - Despite the downturn, there was a net subscription of 6 million units for the ChiNext AI ETF (159363), indicating continued investor interest [1][3] Group 2 - The release of GhatGPT-5 has created pressure on domestic large model companies, although the long-term trend for AI remains positive, presenting opportunities for companies with established performance [3] - A recent high-level meeting emphasized the need for deep implementation of the "AI+" initiative, aiming to accelerate the commercialization of AI applications [3] - Analysts predict that 2025 will mark a significant year for AI Agent capabilities, with a shift from content generation to process agency, suggesting a focus on large model developers and AI application platforms [3][4] Group 3 - According to CITIC Securities, the overall operating conditions of tech giants in Q2 2025 are expected to be significantly better than previously cautious market expectations, with a notable increase in cloud business growth [4] - The global AI capital expenditure (CAPEX) is projected to grow by 64% in 2025 and 50% in 2026, driven by increased demand for computing power and the impact of tax reforms in the U.S. [4] - The ChiNext AI ETF (159363) is highlighted as a key investment opportunity, with a portfolio that allocates approximately 70% to computing power and 30% to AI applications [4][5]

Core Viewpoint - The Shenzhen Securities Regulatory Bureau issued a warning letter to Zhihong Accounting Firm and its accountants for deficiencies in the audit of Changliang Technology's 2023 annual report, highlighting significant issues in audit execution and compliance with auditing standards [2][4]. Summary by Sections Control Testing - Control tests were inadequately executed, particularly regarding the key control point "contract changes" in the sales and collection cycle, lacking sufficient audit evidence to prove the effectiveness of the control [4][5]. Revenue Audit Procedures - The audit procedures for revenue were insufficient, failing to consider significant discrepancies between estimated revenues at the end of 2022 and actual settlement amounts due to customer changes, as well as a substantial reduction in actual settlement amounts in January 2024 compared to estimates at the end of 2023 [5][6]. Accounts Receivable and Bad Debt Provision - The audit procedures for accounts receivable and bad debt provisions were not adequately performed, particularly regarding the reasonableness of significant changes in the forward-looking adjustment coefficients of the expected credit loss model and the review procedures for key parameters in migration rate calculations [6][7]. R&D Expenses - The audit procedures for R&D expenses were insufficient, failing to assess the reasonableness of recognizing certain intangible asset amortizations as R&D expenses [7][8]. Uncorrected Misstatements - There was a failure to aggregate and evaluate the impact of uncorrected misstatements that exceeded the threshold for clearly trivial misstatements, which is a violation of auditing standards [8][9]. Audit Documentation - Audit documentation was inadequate, with missing records for revenue detail tests and cutoff tests, and a lack of justification for the sample selection range in revenue cutoff tests [9].

Core Viewpoint - Changliang Technology (300348) will disclose its semi-annual report for 2025 in mid-August, and investors are encouraged to pay attention to this announcement [1] Company Summary - The company has confirmed the date for the release of its financial report, indicating transparency and communication with investors [1] - The report is expected to provide insights into the company's performance and future outlook [1]

Core Viewpoint - The company has established a market value management system and is actively implementing it to enhance its market presence both domestically and internationally [2] Group 1: Domestic Market Strategy - The company is seizing opportunities in the domestic market related to the "信创" initiative to expand its market scale [2] - The company is focused on increasing its market share by leveraging domestic growth opportunities [2] Group 2: International Market Strategy - The company is pursuing collaborations with well-known international financial institutions to enhance its international market presence [2] - The company believes that the improvement in the internationalization of its products will lead to a qualitative leap in its international business [2]

Core Viewpoint - The company, Changliang Technology, has no current plans for share buybacks or increases in shareholding by management, but will announce any related information in a timely manner [2] Company Summary - An investor inquired about the management's plans for increasing their shareholding on the investor interaction platform [2] - Changliang Technology responded on August 8, stating that there are no relevant plans at this time [2]