专项核查意见 国枫律证字[2025]AN077-4 号 GRANDWAY 北京国枫律师事务所 北京国枫律师事务所 关于创业黑马科技集团股份有限公司 重大资产重组项目相关人员买卖股票情况的 Grandway Law Offices 北京市东城区建国门内大街 26 号新闻大厦 7 层、8 层 邮编: 100005 电话（Tel）: 010-88004488/66090088 传真（Fax）: 010-66090016 北京国枫律师事务所 关于创业黑马科技集团股份有限公司 重大资产重组项目相关人员买卖股票情况的 专项核查意见 国枫律证字[2025]AN077-4号 致:创业黑马科技集团股份有限公司 根据本所与创业黑马签订的《律师服务协议书》,本所接受创业黑马的委托, 担任创业黑马本次重组的特聘专项法律顾问。 根据《中华人民共和国证券法》《上市公司重大资产重组管理办法》《监管 规则适用指引 -- 上市类第1号》等有关法律、行政法规、规章及规范性文件的 要求,本所律师对本次重组的相关内幕信息知情人在核查期间内买卖创业黑马股 票的情况进行核查,并出具本专项核查意见。 在查验过程中,本所律师已特别提示创业黑马及其他接受本所 ...

证券代码：300688 证券简称：创业黑马 公告编号：2025-036 创业黑马科技集团股份有限公司 关于本次重大资产重组相关主体买卖股票情况自查报告的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚 假记载、误导性陈述或重大遗漏。 特别提示： 经自查，公司董事会认为：在相关主体出具的自查报告与承诺等文件真实、 准确、完整的前提下，相关主体通过二级市场买卖上市公司股票的行为不构成内 幕交易行为，不会对本次交易构成实质性障碍。除上述主体外，纳入本次交易的 自查范围的其他主体在自查期间不存在买卖上市公司股票的行为，不存在利用内 幕信息买卖股票的情形。 创业黑马科技集团股份有限公司（以下简称"创业黑马"、"公司"）拟通 过发行股份及支付现金方式购买北京版信通技术有限公司（"标的公司"）100% 股权，同时拟向不超过 35 名特定投资者发行股份募集配套资金（以下简称"本 次重组"、"本次交易"）。 根据《中华人民共和国证券法》《上市公司重大资产重组管理办法》《公开 发行证券的公司信息披露内容与格式准则第 26 号——上市公司重大资产重组》 《监管规则适用指引——上市类第 1 号》等有关法律、行政 ...

Core Viewpoint - The article emphasizes the importance of learning from Japan's consumer market strategies, particularly during economic downturns, to achieve resilient growth in the Chinese market [7][12][14]. Group 1: Event Overview - The event will take place from August 7 to August 9 in Shanghai, focusing on the methodologies of Japanese and Chinese consumer giants [5][11]. - It aims to provide a deep dive into the concepts of efficiency revolution, demand reconstruction, and capital breakthroughs [12][16]. Group 2: Key Insights from Japanese Market - Japanese companies have shown resilience during economic downturns, with examples such as: - Salaria's store count increasing by 23% and profit rising by 105.8% [14]. - Meiji Foods achieving 28 years of continuous growth through a "hit product matrix" [14]. - Uniqlo and Muji expanding their market share during economic recessions [14]. - The article highlights the need for businesses to adapt to changing economic environments and consumer behaviors [6][12]. Group 3: Learning Objectives - Participants will learn about: - Efficiency strategies from Salaria, including a "three-cut method" to reduce costs without compromising quality [14][17]. - Consumer insights and product development techniques from experts like Miura Nobuhiro [14][21]. - Capital strategies for navigating financing and mergers in the current market landscape [16][22]. Group 4: Target Audience - The event is aimed at founders and CEOs of consumer enterprises looking to break through growth ceilings and optimize cost structures [23].

Core Viewpoint - The article emphasizes the importance of learning from Japan's consumer market strategies during economic downturns, highlighting the potential for resilience and growth in the face of challenges [11][12][13]. Group 1: Event Overview - The event will take place from August 7 to August 9 in Shanghai, featuring renowned experts from Japan and China to discuss consumer market strategies [8][9]. - The course aims to provide insights into efficiency revolution, demand reconstruction, and capital strategies, drawing lessons from Japan's economic experiences [12][14]. Group 2: Japanese Market Insights - Japanese companies have shown resilience during economic downturns, with notable examples such as: - Salvia's store count increasing by 23% and profit rising by 105.8% [12]. - Meiji Foods achieving 28 years of continuous growth through a "product matrix" strategy [12]. - Uniqlo and Muji expanding their market share during economic recessions [12]. - The article suggests that understanding current market and user characteristics is crucial for strategic management [6][12]. Group 3: Learning Objectives - The course will cover: - Efficiency revolution techniques from Salvia, focusing on cost reduction without compromising quality [14][16]. - Demand reconstruction insights from consumer behavior expert Miura, addressing the "lonely society" and new growth opportunities [14][18]. - Capital strategies for navigating financing and mergers in the current market landscape [14][20]. Group 4: Target Audience - The event is aimed at founders and CEOs of consumer enterprises seeking to overcome growth ceilings and optimize cost structures [21][22].

证券代码：300688 证券简称：创业黑马 公告编号：2025-035 创业黑马科技集团股份有限公司 关于股东减持计划完成暨实施结果的公告 公司股东王齐飞先生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。 一、股东减持情况 创业黑马科技集团股份有限公司（以下简称"公司"或"创业黑马"）于 2025 年 2 月 26 日披露了《关于持股 5%以上股东减持股份预披露公告》（公告编 号：2025-008），股东王齐飞先生计划在该公告披露之日起 15 个交易日后的 3 个月内以集中竞价方式、大宗交易方式减持本公司股份不超过 3,335,143 股（占 本公司剔除回购股份后总股本比例 2%）。 2025 年 3 月 21 日，公司披露了《关于持股 5%以上股东持股比例降至 5%以 下的权益变动提示性公告》（公告编号：2025-010）；同日，股东披露了《简式 权益变动报告书》，具体内容详见巨潮资讯网相关公告文件。 2025 年 6 月 19 日，公司收到王齐飞先生发来的《股份减持计划时间届满的 告知函》，截至本公告披 ...

Core Viewpoint - Entrepreneurs should embrace AI and explore international markets to create their "second self" in the current transformative era [1][6][9]. Group 1: Embracing Change - The current global landscape has changed, necessitating a shift in focus from solely domestic markets to international opportunities [2][6]. - Entrepreneurs are encouraged to not only concentrate on their existing business but also to look towards future possibilities in AI and overseas expansion [8][10]. Group 2: AI Practical Training - The company has launched an AI practical training program aimed at small and medium enterprises, providing resources and methodologies for integrating AI into core business processes [11]. - The "Tianqi Policy Big Model" developed by the company has become a key service provider in the national network for policy-related services [12][13]. - Collaborations with major AI companies in China enhance the company's capability to support SMEs in adopting AI solutions [14]. Group 3: Upcoming Events - An AI practical training camp is scheduled from July 18 to July 20, focusing on helping businesses overcome growth challenges through AI applications [15].

Investment Rating - The industry investment rating is "Outperform the Market," indicating that the industry index is expected to perform better than the benchmark index over the next 6-12 months [32]. Core Insights - The collaboration between NVIDIA and MediaTek to develop high-performance APU is expected to innovate the gaming laptop market and capture the enterprise-level AI PC market [4][11]. - SoftBank and Intel's partnership aims to create AI storage chips that could reduce power consumption by 50%, potentially revolutionizing AI infrastructure [14][15]. - The launch of the Huawei and JAC Motors' ZunJie S800 showcases China's strength in smart automotive technology, enhancing its global competitiveness [16]. Summary by Sections Company Developments - Kingsoft Office plans to acquire a 31.9769% stake in Digital Network Technology for approximately 25.37 million yuan, achieving full ownership [3]. - Chuangye Heima announced its participation in acquiring a 36.6015% stake in Beijing Banxintong Technology for 10.25 million yuan, with a payment plan involving a 30% upfront payment [3][23]. Investment Recommendations - Attention is recommended for companies related to AI PCs and gaming PCs, including Zhongke Chuangda, Softcom Power, Zhiwei Intelligent, Raytheon Technology, and Yidao Information, due to the anticipated impact of the new APU [4]. Industry News - The global gaming laptop shipment is projected to grow by 9% year-on-year in 2024, with an expected shipment of 9.2 million units in China by 2028, reflecting a compound annual growth rate of 4.2% [12]. - The collaboration between SoftBank and Intel is expected to address the energy consumption challenges in AI computing, with a total investment of approximately 1.5 billion yuan [14][15].

证券代码：300688 证券简称：创业黑马 上市地：深圳证券交易所 创业黑马科技集团股份有限公司 发行股份及支付现金购买资产并募集配套资金 报告书（草案） 独立财务顾问 签署日期：二〇二五年六月 创业黑马科技集团股份有限公司发行股份及支付现金购买资产并募集配套资金报告书（草案） 声 明 本部分所述词语或简称与本报告书"释义"所述词语或简称具有相同含义。 一、上市公司声明 本公司及全体董事、监事、高级管理人员保证本报告书及其摘要内容的真实、准 确、完整，对报告书及其摘要的虚假记载、误导性陈述或重大遗漏负相应的法律责任。 （申报稿） | 项目 | 名称 | | --- | --- | | 购买资产交易对方 | 北京数字认证股份有限公司、北京云门信安科技有限公司、 李海明、宁波梅山保税港区怡海宏远企业管理合伙企业（有 | | | 限合伙）、潘勤异、熊笃、董宏、李飞伯 | | 募集配套资金认购方 | 不超过 35 名符合中国证监会规定的特定投资者 | 本公司控股股东以及全体董事、监事、高级管理人员承诺：如本次交易所披露或 提供的信息涉嫌虚假记载、误导性陈述或者重大遗漏，被司法机关立案侦查或者被中 国证监会立案调查的， ...

证券代码：300688 证券简称：创业黑马 上市地：深圳证券交易所 创业黑马科技集团股份有限公司 发行股份及支付现金购买资产并募集配套资金 报告书（草案）摘要 | 项目 | 名称 | | --- | --- | | 购买资产交易对方 | 北京数字认证股份有限公司、北京云门信安科技有限公司、 李海明、宁波梅山保税港区怡海宏远企业管理合伙企业（有 | | | 限合伙）、潘勤异、熊笃、董宏、李飞伯 | | 募集配套资金认购方 | 不超过 35 名符合中国证监会规定的特定投资者 | 独立财务顾问 签署日期：二〇二五年六月 本公司控股股东以及全体董事、监事、高级管理人员承诺：如本次交易所披 露或提供的信息涉嫌虚假记载、误导性陈述或者重大遗漏，被司法机关立案侦查 或者被中国证监会立案调查的，在形成调查结论以前，不转让在该上市公司拥有 权益的股份，并于收到立案稽查通知的两个交易日内将暂停转让的书面申请和股 票账户提交上市公司董事会，由董事会代其向证券交易所和证券登记结算机构申 请锁定；未在两个交易日内提交锁定申请的，授权董事会核实后直接向证券交易 所和证券登记结算机构报送本人或本单位的身份信息和账户信息并申请锁定；董 事会 ...

民生证券股份有限公司 关于创业黑马科技集团股份有限公司本次交易摊薄即期回 报影响的情况及采取填补回报措施之专项核查意见 民生证券股份有限公司（以下简称"民生证券""本独立财务顾问"）接受 创业黑马科技集团股份有限公司（以下简称"创业黑马""上市公司"）委托， 担任其通过发行股份及支付现金的方式购买北京版信通技术有限公司 100%股份 并募集配套资金（以下简称"本次交易"）的独立财务顾问。 根据《国务院办公厅关于进一步加强资本市场中小投资者合法权益保护工 作的意见》《关于首发及再融资、重大资产重组摊薄即期回报有关事项的指导意 见》等相关规定，民生证券就本次交易对即期回报摊薄的影响情况、防范和填 补措施以及相关承诺的核查情况说明如下： 一、本次交易摊薄当期每股收益的影响及填补回报安排 本次交易完成后，上市公司将持有标的公司 100%股权，上市公司将在保证 1 对标的公司控制力与经营稳定性的前提下，加快完成对标的公司的整合，帮助 标的公司尽快实现预期效益，持续提升标的公司的盈利能力和综合竞争优势， 最大规模发挥合作共赢的协同效应，上市公司服务模式更加优化，盈利能力更 强，进而推动上市公司业绩的稳步增长，并支撑上市公 ...