Core Viewpoint - Dingjie Smart's stock price increased by 6.61% on January 9, with a trading volume of 2.253 billion yuan, indicating strong market interest and activity in the company's shares [1]. Financing and Margin Trading - On January 9, Dingjie Smart had a financing buy-in amount of 337 million yuan and a financing repayment of 289 million yuan, resulting in a net financing buy of 48.136 million yuan [1]. - As of January 9, the total margin trading balance for Dingjie Smart was 978 million yuan, with the financing balance accounting for 6.69% of the circulating market value, which is above the 70th percentile of the past year [1]. - In terms of securities lending, Dingjie Smart had a securities repayment of 10,400 shares and a securities sell-out of 2,900 shares, with a sell-out amount of 155,700 yuan calculated at the closing price [1]. Company Overview - Dingjie Smart, established on December 26, 2001, and listed on January 27, 2014, is located in Shanghai and specializes in providing digital transformation, smart manufacturing, and industrial internet solutions for the manufacturing and circulation industries, as well as small and micro enterprises [1]. - The company's revenue composition includes 47.89% from smart technology services, 28.11% from self-developed smart software products, and 23.99% from integrated smart hardware and software solutions [1]. Shareholder Information - As of December 31, Dingjie Smart had 54,000 shareholders, an increase of 3.85% from the previous period, with an average of 4,991 circulating shares per person, a decrease of 3.70% [2]. - For the period from January to September 2025, Dingjie Smart achieved a revenue of 1.614 billion yuan, a year-on-year increase of 2.63%, and a net profit attributable to shareholders of 51.088 million yuan, reflecting a year-on-year growth of 2.40% [2]. - The company has distributed a total of 311 million yuan in dividends since its A-share listing, with cumulative distributions of 65.588 million yuan over the past three years [2].

Group 1 - The core point of the article is that Industrial Fulian has reduced its stake in Dingjie Zhizhi by selling 1.7886 million shares, which represents 0.66% of the company's total share capital [1] - Following this transaction, Industrial Fulian and its concerted parties' combined shareholding percentage decreased from 22.35% to 21.69% [1]

| 证券代码：300378 | 证券简称：鼎捷数智 | 公告编码：2026-01001 | | --- | --- | --- | | 债券代码：123263 | 债券简称：鼎捷转债 | | 鼎捷数智股份有限公司 关于持股 5%以上股东权益变动触及 1%整数倍的 提示性公告 本公司持股5%以上股东富士康工业互联网股份有限公司保证向 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。 特别提示： 1、本次权益变动系鼎捷数智股份有限公司（以下简称"公司"）持股 5%以 上股东富士康工业互联网股份有限公司（以下简称"工业富联"）按照之前已披 露的股份减持计划实施减持而导致的变动。工业富联本次减持计划拟通过集中竞 价交易方式及大宗交易方式减持公司股份不超过 8,099,445 股（占剔除公司当前 回购专用账户股份后总股本比例不超过 3.00%，若减持期间公司因送股、资本公 积金转增股本、股权激励归属等事项导致剔除回购专用账户股份后的总股本发生 变化，拟减持股份数量将相应进行调整）注。截至 2026 年 1 月 8 日，工业 ...

Investment Rating - The report maintains an investment rating of "Leading the Market - A" for the computer industry [1][11]. Core Insights - The report highlights the acceleration of AI development in the manufacturing sector, driven by a recent policy issued by multiple government departments, aiming for significant advancements in AI technology and its applications by 2027 [3][5]. - The policy outlines specific goals, including the application of 3-5 general large models in manufacturing, the creation of 100 high-quality datasets, and the promotion of 500 typical application scenarios [3][5]. - The report emphasizes the transition of industrial AI from isolated applications to comprehensive integration across all manufacturing processes, with significant growth in AI adoption among industrial enterprises [6][7]. Summary by Sections Industry Performance - The computer industry has shown a strong market performance over the past year, with a focus on AI applications in manufacturing [1]. Policy Impact - The recent policy is a detailed implementation of previous guidelines, focusing on computational power, model development, data management, and application scenarios in manufacturing [5][6]. - Specific initiatives include support for advanced training chips, the development of industry-specific models, and the establishment of a chief data officer system in enterprises [5][6]. AI Adoption - The report notes a significant increase in the adoption of large models and intelligent agents in Chinese industrial enterprises, rising from 9.6% in September 2024 to 47.5% in 2025, with expectations for further rapid growth in 2026 [6][7]. Investment Recommendations - The report suggests focusing on companies involved in industrial AI applications, data annotation, and AI computing power, including firms like Zhong控 Technology, Kingdee International, and others [7].

Group 1 - The core viewpoint of the news is that Dingjie Smart has shown a positive stock performance with a 13.54% increase year-to-date and a significant trading volume, indicating investor interest and market activity [1] - As of January 9, Dingjie Smart's stock price reached 51.39 yuan per share, with a total market capitalization of 13.955 billion yuan [1] - The company has a diverse revenue structure, with digital technology services accounting for 47.89%, self-developed smart software products for 28.11%, and integrated software and hardware solutions for 23.99% [1] Group 2 - As of December 31, Dingjie Smart had 54,000 shareholders, an increase of 3.85% from the previous period, while the average circulating shares per person decreased by 3.70% to 4,991 shares [2] - For the period from January to September 2025, Dingjie Smart reported a revenue of 1.614 billion yuan, reflecting a year-on-year growth of 2.63%, and a net profit attributable to shareholders of 51.088 million yuan, also up by 2.40% [2] - The company has distributed a total of 311 million yuan in dividends since its A-share listing, with 65.588 million yuan distributed over the past three years [3]

Group 1 - The software development sector experienced a slight increase of 0.41% on January 8, with *ST Huike leading the gains [1] - The Shanghai Composite Index closed at 4082.98, down 0.07%, while the Shenzhen Component Index closed at 13959.48, down 0.51% [1] - Notable gainers in the software development sector included *ST Huike with a closing price of 21.66, up 14.06%, and Zhongcheng Technology with a closing price of 24.62, up 12.32% [1] Group 2 - The software development sector saw a net outflow of 920 million yuan from institutional investors, while retail investors contributed a net inflow of 805 million yuan [2] - Major stocks with significant net inflows from retail investors included Jiuxi Software with 302 million yuan and Daily Interaction with 217 million yuan [3] - Conversely, stocks like Jiuxi Software and Star Ring Technology experienced notable net outflows from institutional investors, indicating varied investor sentiment [3]

Group 1 - The industrial software sector experienced significant gains on January 8, with companies like Hand Information reaching a 20% limit up, and others such as Dongtu Technology and Saiyi Information rising over 10% [1] - The Ministry of Industry and Information Technology, along with eight other departments, issued the "Implementation Opinions on the Special Action of 'Artificial Intelligence + Manufacturing'" on January 7, which emphasizes the need to strengthen the supply of artificial intelligence computing power [1] - The Opinions propose to promote the development of intelligent chips and support breakthroughs in key technologies such as high-end training chips and AI servers, while encouraging innovation in both large and small models tailored for specific industrial applications [1] Group 2 - Dongguan Securities noted that the Chinese government has been increasingly focused on the development of the industrial software industry, with multiple supportive policies being introduced [2] - The Ministry of Industry and Information Technology issued guidelines in September 2024 for updating industrial software and operating systems, setting clear targets for upgrades [2] - The National Development and Reform Commission included industrial software updates in the "Two New" policy support framework in April 2025, indicating government encouragement for increased investment in the sector [2]

Core Viewpoint - Dingjie Smart experienced a stock price decline of 2.02% on January 7, 2023, with a current price of 47.46 yuan per share and a total market capitalization of 12.888 billion yuan [1] Group 1: Stock Performance - The stock price of Dingjie Smart has increased by 4.86% year-to-date, with a 10.17% rise over the last five trading days and a 9.41% increase over the last 20 days, while it has decreased by 12.61% over the last 60 days [1] - As of December 19, 2022, the number of shareholders for Dingjie Smart was 52,000, a decrease of 3.70% from the previous period, with an average of 5,183 circulating shares per person, an increase of 3.85% [2] Group 2: Financial Performance - For the period from January to September 2025, Dingjie Smart achieved a revenue of 1.614 billion yuan, representing a year-on-year growth of 2.63%, and a net profit attributable to shareholders of 51.088 million yuan, which is a 2.40% increase year-on-year [2] - Since its A-share listing, Dingjie Smart has distributed a total of 311 million yuan in dividends, with 65.588 million yuan distributed over the past three years [3] Group 3: Shareholder Structure - As of September 30, 2025, the fifth largest circulating shareholder of Dingjie Smart is Huazhang Small and Medium-sized Growth Mixed Fund, holding 2.6265 million shares, an increase of 50,700 shares from the previous period [3] - Hong Kong Central Clearing Limited is the sixth largest circulating shareholder, holding 2.4726 million shares as a new shareholder [3] - The eighth largest circulating shareholder is the China Europe Internet Mixed A Fund, holding 1.9115 million shares, which is a decrease of 1.2324 million shares from the previous period [3]

Group 1 - The report maintains an optimistic outlook for the convertible bond market in January 2026, driven by policy expectations and seasonal capital inflows, which are expected to create a "good start" for the market [6][17] - The central economic work conference has identified "technological innovation" and "expanding domestic demand" as key policy focuses, with related industry policy benefits expected to continue, directly boosting market risk appetite [6][17] - The convertible bond market is experiencing a tight supply-demand balance, with the total size of publicly traded convertible bonds at approximately 527.1 billion yuan as of December 31, 2025, down 183.6 billion yuan from the beginning of 2025 [19] Group 2 - The report suggests focusing on growth styles in investment strategies, particularly in technology sectors such as aerospace, AI computing, semiconductor equipment, and innovative pharmaceuticals, which are expected to benefit from industry policy support [6][20] - The top ten convertible bond portfolio for January 2026 emphasizes aggressive and elastic sectors, with a focus on technology growth, cyclical recovery, and financial sectors [6][20] - Specific recommendations include increasing holdings in convertible bonds from companies like Yinbang, Zhenhua, and Yingliu in the technology sector, and focusing on cyclical sectors such as precious metals and chemicals [20][22]

Core Viewpoint - The Shenzhen Stock Exchange announced a temporary suspension and subsequent resumption of trading for "Dingjie Convertible Bonds" (123263) after its trading price increased by 30% or more from the issuance price for the first time [1] Group 1 - The trading price of Dingjie Convertible Bonds reached a significant milestone, marking a 30% increase from the issuance price [1] - The temporary suspension of trading began at 09:30 and was lifted at 14:57 on the same day [1]