兴业证券股份有限公司 关于 保荐机构（主承销商） （福州市湖东路 268 号） 2025 年 8 月 鼎捷数智股份有限公司 向不特定对象发行可转换公司债券 之 发行保荐书 鼎捷数智股份有限公司 发行保荐书 兴业证券股份有限公司 关于鼎捷数智股份有限公司 向不特定对象发行可转换公司债券之 发行保荐书 本保荐机构和保荐代表人根据《公司法》和《证券法》等有关法律法规和中 国证监会、交易所的有关规定，诚实守信、勤勉尽责，并严格按照依法制定的业 务规则、行业执业规范和道德准则出具本发行保荐书，并保证所出具文件的真实 性、准确性、完整性。 3-1-1 | 目 | 录 2 | | --- | --- | | 释 | 义 3 | | 第一节 | 本次证券发行基本情况 4 | | | 一、本次证券发行具体负责推荐的保荐代表人 4 | | | 二、本次证券发行项目协办人及项目组其他成员 4 | | | 三、发行人基本情况 4 | | | 四、保荐机构与发行人关联关系的说明 5 | | | 五、保荐机构内部审核程序和内核意见 6 | | 第二节 | 保荐机构承诺 8 | | 第三节 | 对本次证券发行的推荐意见 9 | | | 一 ...

Core Viewpoint - Dingjie Smart reported a decrease in the number of shareholders and a slight increase in stock price, indicating a potential shift in investor sentiment and market dynamics [2]. Group 1: Shareholder and Stock Performance - As of August 20, the number of shareholders for Dingjie Smart was 54,000, a decrease of 8,000 from the previous period, representing a 12.90% decline [2]. - The latest stock price for Dingjie Smart is 59.18 yuan, reflecting an increase of 0.89%, with a cumulative increase of 6.63% since the concentration of shares began [2]. - The stock experienced 6 days of increases and 5 days of decreases during the reporting period [2]. Group 2: Financial Performance - In the first quarter, Dingjie Smart achieved operating revenue of 423 million yuan, a year-on-year increase of 4.33% [2]. - The company reported a net loss of 8.33 million yuan, but this represented a year-on-year improvement of 14.04% [2]. - The basic earnings per share were reported at -0.0300 yuan [2]. Group 3: Analyst Ratings - Over the past month, Dingjie Smart received buy ratings from 8 institutions [2]. - The highest target price set by an institution is 68.56 yuan, as reported by Guotai Junan on August 20 [2].

Core Viewpoint - The article highlights the significant surge in the STAR Market, particularly driven by the AI and semiconductor sectors, with a notable increase in the STAR 50 index and various AI-related stocks [1][5]. Group 1: Market Performance - On August 22, the STAR 50 index rose over 5%, with stocks like Haiguang Information and Cambrian Technology seeing increases of 19% and 14% respectively, while the overall market showed a mixed trend with more declines than gains [1][5]. - The AI computing index also experienced a rise of 3.01% during the trading session, indicating strong investor interest in AI-related stocks [1]. Group 2: Key Drivers of AI Sector Growth - Three major positive developments contributed to the strength of the AI and domestic substitution sectors: 1. The release of DeepSeek-V3.1, which utilizes UE8M0 FP8 Scale parameters, is designed for the upcoming generation of domestic chips, enhancing performance in AI tasks [3][6]. 2. A new policy financial tool worth 500 billion yuan is set to be introduced, focusing on digital economy and AI sectors, alongside the EU's plan to purchase 40 billion USD worth of US AI chips, highlighting global emphasis on AI [3][6]. 3. Reports of Nvidia halting production of the H20 chip have renewed focus on domestic alternatives, with expectations for continued growth in domestic computing capabilities [4][6]. Group 3: Market Trends and Future Outlook - Despite recent market fluctuations, there remains strong support for stocks, with several exceeding 10 billion yuan in trading volume, indicating concentrated investor interest [7]. - Long-term projections suggest a "slow bull" market trend, supported by moderate leverage and valuation levels, with potential liquidity influx of approximately 14 trillion yuan into the market due to asset rotation [8]. - The accumulation of excess savings post-2018, estimated at over 30 trillion yuan, could lead to significant capital flowing into investments, particularly as deposits mature in the coming years [8].

鼎捷数智（SZ 300378，收盘价：55.36元）8月21日晚间发布公告称，公司第五届第十八次董事会会议 于2025年8月21日在公司会议室召开。会议审议了《关于调整公司向不特定对象发行可转换公司债券方 案的议案》等文件。 2024年1至12月份，鼎捷数智的营业收入构成为：制造业占比100.0%。 （文章来源：每日经济新闻） ...

证券日报网讯鼎捷数智（300378）8月21日在互动平台回答投资者提问时表示，截至8月8日，公司股东 户数约为62，000户。 ...

Core Viewpoint - The company has made adjustments to its plan for issuing convertible bonds to unspecified investors, ensuring compliance with relevant laws and regulations while protecting the interests of all shareholders, particularly minority shareholders [1][2][3][4]. Group 1: Meeting Details - The fifth supervisory board's 17th meeting was held on August 21, 2025, with all three supervisors present, confirming compliance with legal and regulatory requirements [1]. - The meeting was convened and chaired by Mr. Pi Shiming, the chairman of the supervisory board [1]. Group 2: Resolutions Passed - The supervisory board approved the adjustment of the plan for issuing convertible bonds, affirming that it aligns with the Company Law, Securities Law, and relevant regulations, without harming the interests of shareholders [1][2]. - The board also approved the revised proposal for issuing convertible bonds, confirming its compliance with legal standards and protection of shareholder interests [2]. - The revised analysis report on the issuance of convertible bonds was also approved, with the same assurances regarding compliance and shareholder protection [3]. - The feasibility analysis report regarding the use of funds raised from the convertible bonds was approved, ensuring it meets legal requirements and protects shareholder rights [4]. - The board approved the revised measures regarding the dilution of immediate returns and commitments from relevant parties, emphasizing the protection of all shareholders' rights [4].

Core Viewpoint - The company is issuing convertible bonds to unspecified investors, which may dilute immediate returns, and has proposed specific measures to mitigate this dilution risk [1][2][4] Financial Impact Analysis - The company has analyzed the impact of the convertible bond issuance on key financial metrics under different scenarios, including a 10%, 20%, and 30% growth in net profit for 2026 compared to 2025 [2][4] - The projected net profit for the parent company, excluding non-recurring gains and losses, is estimated at RMB 137.71 million for 2025 [2][4] - The total share capital is expected to increase from 27,139.28 million shares to 28,593.62 million shares if all bonds are converted [4] Measures to Mitigate Dilution - The company has committed to using the raised funds effectively and has established a management system to ensure compliance with regulations regarding the use of raised funds [20][21] - The company plans to enhance its operational efficiency and profitability to counteract the dilution effect on immediate returns [20][21] Project Necessity and Feasibility - The funds raised will be used for projects that are expected to enhance the company's market competitiveness and create new profit growth points [6][20] - The company focuses on industrial software and smart manufacturing solutions, aiming to support digital transformation for enterprises [6][8] Technical and Market Preparedness - The company has a strong talent pool with 1,674 R&D personnel, accounting for 33.72% of its workforce, ensuring adequate technical support for project implementation [9] - The company has established a solid market presence with a diverse client base across various industries, which will help in the successful adoption of new solutions [14][16]

Group 1 - The company plans to issue convertible bonds to raise funds not exceeding RMB 115,121.30 million, with an intended investment of RMB 82,766.42 million in various projects [1] - The company will initially use self-raised funds for investment projects before the raised funds are available, and will adjust the investment projects based on the actual amount raised [1] Group 2 - The software and information technology service industry in China is experiencing stable growth, with software business revenue reaching RMB 137,276 billion in 2024 and RMB 31,479 billion in the first quarter of 2025 [2] - The global industrial software market is also growing steadily, driven by the manufacturing sector, with significant contributions from North America and Europe [2] Group 3 - The Chinese industrial software market is expected to grow rapidly due to supportive policies, industrial upgrades, and the trend of domestic substitution [2][7] - The government has issued multiple policies to support the development of the industrial software industry, creating a favorable environment for growth [5][15] Group 4 - The company is developing a Digiwin Intelligent Empowerment Platform with a total investment of RMB 101,121.30 million, aimed at enhancing digital capabilities for enterprises [11] - The project aligns with national strategies for digital transformation and aims to meet market demands by providing a comprehensive digital ecosystem [12][19] Group 5 - The project will enhance the company's core competitiveness by focusing on customer needs and developing intelligent solutions for the manufacturing sector [12][13] - The establishment of a training base will improve customer service and product application, thereby increasing market share and brand influence [14][19] Group 6 - The company plans to allocate RMB 14,000 million from the raised funds to supplement working capital, which is essential for supporting business expansion and R&D investments [17][18] - This funding will enhance the company's financial structure and improve its ability to sustain growth in a competitive market [18][19]

证券代码：300378 证券简称：鼎捷数智 Digiwin Co., Ltd. 向不特定对象发行可转换公司债券的 论证分析报告 （二次修订稿） 二〇二五年八月 鼎捷数智股份有限公司（以下简称"鼎捷数智"或"公司"）为满足公司 业务发展的资金需求，增加公司资本实力，提升盈利能力，根据《中华人民共 和国公司法》（以下简称"《公司法》"）、《中华人民共和国证券法》（以 下简称"《证券法》"）和《上市公司证券发行注册管理办法》（以下简称 "《注册管理办法》"）等有关法律法规和规范性文件的规定，拟通过向不特 定对象发行可转换公司债券（以下简称"可转债"）的方式募集资金。 本次向不特定对象发行可转债募集资金投资项目均经过公司谨慎论证，项 目的实施有利于进一步提升公司的核心竞争力，增强公司的可持续发展能力， 具体分析详见公司同日披露的《向不特定对象发行可转换公司债券募集资金使 用的可行性分析报告（二次修订稿）》（公告编号：2025-08078）。 第二节 本次发行对象的选择范围、数量和标准的适当性 一、本次发行对象的选择范围的适当性 本次可转债的具体发行方式由股东大会授权董事会与保荐机构（主承销商） 根据法律、法规的相关规 ...

证券代码：300378 证券简称：鼎捷数智 鼎捷数智股份有限公司 向不特定对象发行可转换公司债券预案 （二次修订稿） 二〇二五年八月 公司声明 在虚假记载、误导性陈述或重大遗漏，并对本预案内容的真实性、准确性、完整 性承担个别和连带的法律责任。 由公司自行负责；因本次向不特定对象发行可转换公司债券引致的投资风险，由 投资者自行负责。 任何与之相反的声明均属不实陈述。 其他专业顾问。 转换公司债券相关事项的实质性判断、确认、批准或核准。本预案所述本次向不 特定对象发行可转换公司债券相关事项的生效和完成尚待深圳证券交易所审核 通过，并经中国证监会同意注册。 资者或相关人士的承诺，投资者及相关人士应当理解计划、预测或承诺之间的差 异，并注意投资风险。 释义 本预案中除另有说明外，下列简称具有如下含义： 发行人、公司、本公司、 指 鼎捷数智股份有限公司 股份公司、鼎捷数智 鼎捷数智本次拟向不特定对象发行可转换公司债券的 本次发行、本次可转债 指 事项 鼎捷数智本次拟向不特定对象发行的可转换为A股股票 可转债、可转换公司债券 指 的公司债券 《鼎捷数智股份有限公司向不特定对象发行可转换公 本预案 指 司债券预案》 《可 ...