Core Insights - The company focuses on the practical application of large models in specific industries or verticals, leveraging its accumulated knowledge and core technology advantages in sectors such as telecommunications, energy, and transportation [1][2]. Group 1: Industry Focus and Model Application - The company is dedicated to enhancing knowledge to solve industry-specific challenges, developing the "Kechuang Xingyun" large model, which has been successfully implemented in various scenarios including customer service, network operations, and AI programming [2]. - The company addresses issues related to large models, such as insufficient reasoning depth and data quality, by utilizing a knowledge-enhanced technology approach, creating knowledge graphs from over 20 years of digital transformation experience [2]. Group 2: Business Structure Optimization - In the first three quarters of 2025, the company's revenue from digital applications, products, and operations was 348 million, 324 million, and 114 million yuan respectively, showing a year-on-year change of -43.63%, +58.50%, and -47.06% [3]. - The digital application business continues to focus on telecommunications and energy sectors, successfully launching key projects and promoting AI application revenue growth [3]. - The digital product business saw significant revenue growth, primarily due to the recovery of automotive BMS-related business, although it did not contribute to profits this period [3]. - The digital operation business faced revenue decline due to structural optimization and bad debt provisions, leading to a transfer of control to the management team to alleviate operational pressure [3]. Group 3: Quantum Technology Investment - The company has invested in quality quantum technology firms, such as Guoyi Quantum and Jiuzhang Quantum, and is promoting collaboration in quantum software development [4]. - The company aims to leverage its academic and research advantages to explore the integration of quantum and classical computing software technologies [4]. - The quantum technology sector is at a critical stage of development, with the company poised to capitalize on opportunities in various fields including government, energy, and finance [4]. Group 4: Financial Forecast - The company is expected to generate revenues of 1.906 billion, 2.196 billion, and 2.519 billion yuan from 2025 to 2027, with corresponding net profits of -0.05 billion, 0.47 billion, and 0.69 billion yuan [4]. - The projected earnings per share (EPS) for 2025 to 2027 are -0.02, 0.16, and 0.24 yuan, with a price-to-book (PB) ratio of 6 for each year [4].

Meeting Overview - The shareholder meeting was held on November 14, 2025, at 14:30, combining on-site and online voting methods [2][3] - The equity registration date was November 10, 2025 [3] - A total of 465 shareholders and proxies attended the meeting, representing 74,614,201 shares, which is 25.5720% of the total voting shares [4] Voting Results - The proposal to amend the company's articles of association was approved with 74,192,556 votes in favor, 361,345 against, and 60,300 abstentions, resulting in a 99.4349% approval rate [6] - The proposal to revise the independent director working system was approved with 74,111,356 votes in favor, 441,545 against, and 61,300 abstentions, resulting in a 99.3261% approval rate [7] - The proposal to amend the fundraising management system was approved with 74,098,156 votes in favor, 454,745 against, and 61,300 abstentions, resulting in a 99.3084% approval rate [8] - The proposal to revise the external guarantee management system was approved with 74,096,156 votes in favor, 454,545 against, and 63,500 abstentions, resulting in a 99.3057% approval rate [9] - The proposal to amend the external investment management system was approved with 74,097,956 votes in favor, 453,845 against, and 62,400 abstentions, resulting in a 99.3081% approval rate [10] - The proposal to revise the related transaction decision-making system was approved with 74,070,956 votes in favor, 474,945 against, and 68,300 abstentions, resulting in a 99.2719% approval rate [11] - The proposal regarding the transfer of partnership interests and related transactions was approved with 72,325,902 votes in favor, 481,245 against, and 63,500 abstentions, resulting in a 99.2524% approval rate [14] - The proposal concerning changes in the scope of consolidated financial statements leading to related guarantees was approved with 3,512,885 votes in favor, 441,245 against, and 63,100 abstentions, resulting in an 87.4455% approval rate [15] Legal Compliance - The meeting was conducted in accordance with the Company Law, the rules for shareholder meetings, and the company's articles of association, as confirmed by the legal opinions provided by the attending lawyers [16][17]

证券代码：300520 证券简称：科大国创 公告编号：2025-86 科大国创软件股份有限公司 2025 年第一次临时股东会决议公告 本公司及董事会全体成员保证公告内容的真实、准确、完整，没有虚假记 载、误导性陈述或重大遗漏。 重要提示： 1、本次股东会没有否决或修改提案的情况； 2、本次股东会没有新提案提交表决的情况，没有变更前次股东会决议的情 况； 3、本次股东会以现场投票和网络投票相结合的方式召开。 一、会议召开情况 1、现场会议时间：2025 年 11 月 14 日（周五）14:30 2、网络投票时间：2025 年 11 月 14 日（周五） 其中，通过深圳证券交易所交易系统进行网络投票的具 体时间为：2025 年 11 月 14 日（周五）上午 9:15-9:25、 9:30-11:30，下午 13:00-15:00；通过深圳证券交易所互联 网投票系统进行网络投票的具体时间为：2025 年 11 月 14 日（周五）上午 9:15 至下午 15:00 期间的任意时间。 3、股权登记日：2025 年 11 月 10 日（周一） 4、现场会议召开地点：合肥市高新区文曲路 355 号公司 16 楼会议室 ...

天禾律师事务所 股东会法律意见书 安徽天禾律师事务所 关于科大国创软件股份有限公司 2025年第一次临时股东会的法律意见书 天律意2025第03088号 致：科大国创软件股份有限公司 根据《中华人民共和国公司法》（下称"《公司法》"）、《中华人民共和 国证券法》（下称"《证券法》"）、中国证券监督管理委员会《上市公司股东 会规则》（下称"《股东会规则》"）以及《科大国创软件股份有限公司章程》 （下称"《公司章程》"）的有关规定，安徽天禾律师事务所接受科大国创软件 股份有限公司（下称"公司"）的委托，指派刘云龙、盛建平律师（下称"天禾 律师"）出席公司 2025 年第一次临时股东会（下称"本次股东会"），并对本 次股东会相关事项进行见证，出具法律意见。 本法律意见书是天禾律师根据对本次股东会事实的了解及对我国现行法律、 法规和规范性文件的理解而出具的。 天禾律师同意将本法律意见书作为本次股东会的法定必备文件予以公告，并 依法对所出具的法律意见书承担责任。 天禾律师根据《证券法》相关规定的要求，按照律师行业公认的业务标准、 道德规范和勤勉尽责精神，对本次股东会的召集、召开、与会人员资格、表决程 序及其他相关法律问 ...

Core Viewpoint - The company Keda Guochuang has conducted experimental deployment of its Nine Chapters AI platform, which currently has no significant impact on the company [2] Group 1 - The Nine Chapters AI platform has undergone experimental deployment [2] - The deployment is stated to have no major impact on the company at this time [2]

Core Viewpoint - Keda Guokuan's Jiuzhang AI platform has received compatibility certification with Huawei's Ascend and Kunpeng [2] Company Summary - Keda Guokuan (300520.SZ) confirmed on November 12 that its Jiuzhang AI platform has obtained compatibility certification related to Huawei's Ascend [2]

Core Insights - Keda Guochuang's stock price has seen a significant increase of 68.31% year-to-date, but has recently experienced a decline of 9.28% over the past five trading days [1] - The company reported a revenue of 787 million yuan for the period from January to September 2025, reflecting a year-on-year decrease of 24.16%, with a net profit attributable to shareholders of -120 million yuan, a decline of 152.01% [2] Financial Performance - As of November 12, Keda Guochuang's stock price was 38.51 yuan per share, with a total market capitalization of 11.246 billion yuan [1] - The company has experienced a trading volume of 274 million yuan on the same day, with a turnover rate of 2.52% [1] - The net inflow of main funds was 4.4245 million yuan, with large orders accounting for 26.71% of total purchases [1] Business Overview - Keda Guochuang, established on November 6, 2000, specializes in industry software research, development, and sales, as well as IT solutions and consulting services [2] - The company's revenue composition includes 43.79% from digital applications, 37.35% from digital products, and 18.79% from digital operations [2] - The company is categorized under the computer-software development industry, focusing on vertical application software [2] Shareholder Information - As of October 20, 2025, the number of shareholders increased by 5.00% to 42,000, with an average of 6,619 circulating shares per person, a decrease of 4.76% [2] - The company has distributed a total of 102 million yuan in dividends since its A-share listing, with no dividends paid in the last three years [3]

Core Insights - The quantum technology sector is experiencing significant advancements, with both policy support and technological breakthroughs driving growth [2][3][4] - The global quantum computing industry is projected to grow from $4.7 billion in 2023 to over $800 billion by 2035, indicating substantial market potential [4] - A total of over 60 A-share companies are involved in quantum technology, with significant R&D investments, particularly in quantum security chips and modules [4][5] Policy Developments - Anhui Province is focusing on scaling quantum technology applications, aiming to implement nearly 300 application scenarios by the end of this year and 1,000 by 2027 [2] Technological Breakthroughs - Domestic advancements include a new architecture for atomic quantum computing that addresses challenges in high parallelism, speed, and stability [3] - Internationally, a team from the University of Chicago has theoretically extended the connection distance between quantum computers to 2,000 kilometers [3] Industry Growth and Investment - In the first three quarters of this year, A-share companies involved in quantum technology reported a total R&D expenditure of 69.47 billion yuan, accounting for 3.86% of total revenue [4] - Notable companies with high R&D expenditure include China Mobile, ZTE, and China Telecom, with 国芯科技 leading at 89.03% of revenue spent on R&D [4][5] Market Opportunities - Quantum communication, particularly quantum key distribution (QKD), is identified as the most mature and commercially viable area within quantum technology [3] - Quantum measurement is also highlighted as an early revenue-generating sector, akin to "hidden champions" in niche markets [3]

Group 1 - The MLOps concept declined by 1.82% as of the close on November 7, ranking among the top declines in concept sectors, with companies like Keda Guokuan, Transsion Holdings, and Runhe Software experiencing significant drops [1] - The MLOps sector saw a net outflow of 1.21 billion yuan in main funds today, with 16 stocks experiencing net outflows, and 7 stocks seeing outflows exceeding 30 million yuan, led by Runhe Software with a net outflow of 601 million yuan [2] - Other companies with notable net outflows include Keda Guokuan and Transsion Holdings, with net outflows of 250 million yuan and 143 million yuan respectively [2] Group 2 - The top stocks with net outflows in the MLOps sector include Runhe Software (-4.01%), Keda Guokuan (-7.03%), and Transsion Holdings (-4.39%), with respective turnover rates of 6.08%, 21.83%, and 1.85% [2][3] - Conversely, the stocks with net inflows include Xinghuan Technology and Dongfang Guoxin, with net inflows of 21.58 million yuan and 14.76 million yuan respectively [2]

Market Overview - On November 7, the software development sector declined by 2.18%, with Keda Guokuan leading the drop [1] - The Shanghai Composite Index closed at 3997.56, down 0.25%, while the Shenzhen Component Index closed at 13404.06, down 0.36% [1] Stock Performance - Notable gainers included: - Chuangye Huikang (300451) with a closing price of 5.18, up 7.02% [1] - Anbotong (688168) at 83.85, up 4.97% [1] - Geer Software (603232) at 26.77, up 4.82% [1] - Major decliners included: - Keda Guokuan (300520) at 41.00, down 7.03% [2] - Gai Lun Electronics (688206) at 34.55, down 4.95% [2] - Kexin Information (300730) at 17.97, down 4.92% [2] Capital Flow - The software development sector experienced a net outflow of 5.375 billion yuan from institutional investors, while retail investors saw a net inflow of 4.134 billion yuan [2][3] - The overall capital flow indicates a mixed sentiment, with institutional investors pulling back while retail investors increased their positions [2][3] Individual Stock Capital Flow - Chuangye Huikang (300451) had a net inflow of 1.05 billion yuan from institutional investors, but saw outflows from both retail and speculative investors [3] - Anbotong (688168) experienced a net inflow of 75.91 million yuan from institutional investors, with outflows from speculative and retail investors [3] - Information Development (300469) had a net inflow of 54.77 million yuan from institutional investors, while retail investors showed significant outflows [3]