Group 1: Economic Policies and Initiatives - The Chinese government announced a child-rearing subsidy plan, providing 3,600 yuan annually for each child until the age of three, starting from January 1, 2025 [1] - The Ministry of Industry and Information Technology emphasized the need to strengthen governance in key industries such as new energy vehicles and solar energy, aiming to eliminate outdated production capacity through enhanced standards [1] - The National Taxation Administration reported that during the 14th Five-Year Plan period, tax revenue is expected to exceed 155 trillion yuan, accounting for about 80% of total fiscal revenue, with a cumulative reduction in taxes and fees of approximately 10.5 trillion yuan [1] Group 2: Corporate Developments - WuXi AppTec reported a 20.64% year-on-year increase in revenue to 20.799 billion yuan for the first half of 2025, with a net profit growth of 101.92% to 8.561 billion yuan [1] - The company adjusted its full-year revenue guidance upward, now expecting total revenue between 42.5 billion and 43.5 billion yuan [1] - China National Chemical Corporation plans to acquire 100% equity of Nantong Xingchen, with stock resuming trading [7] Group 3: Market Trends - The total market capitalization of listed companies in China surpassed 90 trillion yuan, marking the highest point in nearly three years [1] - The Shanghai Municipal Economic and Information Technology Commission issued measures to expand the application of artificial intelligence, including a 600 million yuan subsidy for computing power [1] - The Hong Kong stock market will implement a reduction in the minimum price fluctuation for stocks starting August 4, aimed at lowering trading costs and improving efficiency [1]

证券代码：301236 证券简称：软通动力 公告编号：2025-063 软通动力信息技术（集团）股份有限公司股东 询价转让定价情况提示性公告 股东FNOF Easynet (HK) Limited保证向软通动力信息技术（集团）股份有 限公司提供的信息内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对 其真实性、准确性和完整性依法承担法律责任。 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。 重要内容提示： ? 根据2025年7月28日询价申购情况，初步确定的本次询价转让价格为45.27元/ 股。 ? 本次询价转让为非公开转让，不会通过集中竞价交易方式进行。受让方通过 询价转让受让的股份，在受让后6个月内不得转让。 一、本次询价转让初步定价 （一）经向机构投资者询价后，初步确定的转让价格为45.27元/股。 （二）经出让方与组织券商协商，一致决定启动追加认购程序，追加认购截止 时间不晚于2025年8月8日。 二、风险提示 （一）本次询价转让受让方及受让股数仅为初步结果，尚存在拟转让股份被司 法冻结、扣划等风险。询价转让的最终结果以中国证券登记结算有限责任公司深圳 分公司最终办理结果为准。 ...

证券代码：301236 证券简称：软通动力 公告编号：2025-063 （一）经向机构投资者询价后，初步确定的转让价格为45.27元/股。 软通动力信息技术（集团）股份有限公司股东 询价转让定价情况提示性公告 股东FNOF Easynet (HK) Limited保证向软通动力信息技术（集团）股份有 限公司提供的信息内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对 其真实性、准确性和完整性依法承担法律责任。 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。 重要内容提示： 根据2025年7月28日询价申购情况，初步确定的本次询价转让价格为45.27元/ 股。 本次询价转让为非公开转让，不会通过集中竞价交易方式进行。受让方通过 询价转让受让的股份，在受让后6个月内不得转让。 一、本次询价转让初步定价 （二）经出让方与组织券商协商，一致决定启动追加认购程序，追加认购截止 时间不晚于2025年8月8日。 二、风险提示 （一）本次询价转让受让方及受让股数仅为初步结果，尚存在拟转让股份被司 法冻结、扣划等风险。询价转让的最终结果以中国证券登记结算有限责任公司深圳 分公司最终办理结果为准。 （二） ...

智通财经7月28日电，软通动力(301236.SZ)公告称，根据2025年7月28日询价申购情况，初步确定的本 次询价转让价格为45.27元/股。本次询价转让为非公开转让，不会通过集中竞价交易方式进行。受让方 通过询价转让受让的股份，在受让后6个月内不得转让。此外，经出让方与组织券商协商，一致决定启 动追加认购程序，追加认购截止时间不晚于2025年8月8日。 软通动力：询价转让价格为45.27元/股 追加认购截止时间不晚于8月8日 ...

证券代码：301236 证券简称：软通动力 公告编号：2025-062 软通动力信息技术（集团）股份有限公司 关于担保进展的公告 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。 特别风险提示：软通动力信息技术（集团）股份有限公司（以下简称"公司" 或"软通动力"）对资产负债率超过 70%的单位担保金额超过公司最近一期经审计 净资产 50%，上述所提及的资产负债率超过 70%的单位均为公司全资子公司，财 务风险处于可控范围内，敬请投资者充分关注担保风险。 一、担保情况概述 公司于 2024 年 12 月 4 日、2024 年 12 月 20 日召开第二届董事会第十三次 会议及 2024 年第三次临时股东大会，审议通过了《关于担保额度预计的议案》， 同意公司为控股子公司预计提供不超过 70 亿人民币的授信额度担保（不含公司 之前审议通过的担保额度及于 2024 年第三次临时股东大会审议的《关于为全资 子公司申请授信额度提供担保的议案》涉及的担保额度），其中为资产负债率超 过 70%的控股子公司预计提供不超过 51 亿人民币的循环使用授信额度担保（资 产负债率超过 ...

华泰联合证券有限责任公司 关于软通动力信息技术（集团）股份有限公司股东 向特定机构投资者询价转让股份 相关资格的核查意见 （深圳市前海深港合作区南山街道桂湾五路 128 号前海深港基金小镇 B7 栋 401） 华泰联合证券有限责任公司（以下简称"华泰联合证券"）受软通动力信 息技术（集团）股份有限公司（以下简称"软通动力"）股东 FNOF Easynet （HK）Limited（以下简称"出让方"）委托，组织实施本次软通动力首发前股 东向特定机构投资者询价转让（以下简称"本次询价转让"）。 根据《深圳证券交易所创业板股票上市规则（2025 年修订）》《深圳证券 交易所上市公司自律监管指引第 18 号——股东及董事、高级管理人员减持股份 （2025 年修订）》《深圳证券交易所上市公司自律监管指引第 16 号——创业板 上市公司股东询价和配售方式转让股份（2025 年修订）》（以下简称"《指引 第 16 号》"）《上市公司股东减持股份管理暂行办法》等相关规定，华泰联合 证券对参与本次询价转让股东的相关资格进行核查，并出具本核查意见。 一、本次询价转让的委托 华泰联合证券收到出让方关于本次询价转让的委托，为其组织实 ...

证券代码：301236 证券简称：软通动力 公告编号：2025-061 软通动力信息技术（集团）股份有限公司 股东询价转让计划书 股东 FNOF Easynet （HK） Limited（以下简称"出让方"）保证向软通动力信息 技术（集团）股份有限公司（以下简称"软通动力"或"公司"）提供的信息内容不 存在任何虚假记载、误导性陈述或者重大遗漏，并对其真实性、准确性和完整性依法 承担法律责任。 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。 重要内容提示： 本次拟参与询价转让的股东为 FNOF Easynet （HK） Limited； 出让方拟转让股份总数为 28,600,000 股，占软通动力总股本 的比例为 3.00%（软通动力股份总数 952,941,177 股）； 本次询价转让为非公开转让，不会通过集中竞价交易方式进 行。受让方通过询价转让受让的股份，在受让后 6 个月内不得转让； 本次询价转让的受让方为具备相应定价能力和风险承受能力 的机构投资者。 一、拟参与转让的股东情况 （一）出让方的名称、持股数量、持股比例 出让方委托华泰联合证券有限责任公司（以下简称"华泰联合证券"）组织 ...

Core Viewpoint - The Huawei Pangu concept stock has shown a positive performance with a 1.81% increase, ranking 10th among concept sectors, while 23 stocks within the sector experienced gains, indicating strong market interest in AI-related technologies [1] Market Performance - The Huawei Pangu concept sector saw a net inflow of 936 million yuan from main funds, with 18 stocks receiving net inflows, and 8 stocks exceeding 50 million yuan in net inflow [1] - Top gainers in the Huawei Pangu concept include Tuowei Information (+3.72 billion yuan), Tuolsi (+958.98 million yuan), and Yidian Tianxia (+931.99 million yuan) [1][2] Sector Comparison - The Sora concept (text-to-video) led the market with a 2.98% increase, while the Hainan Free Trade Zone saw a decline of 3.77% [1] - Other notable sectors include photolithography (+2.79%) and multimodal AI (+2.30%), while the low-radiation glass sector decreased by 1.61% [1] Fund Flow Ratios - Leading stocks in terms of fund inflow ratios include Fanwei Network (12.94%), Jiulian Technology (11.08%), and Newcap (8.86%) [2] - The top stocks in the Huawei Pangu concept based on main fund flow include Tuowei Information (7.23%), Tuolsi (3.32%), and Yidian Tianxia (6.16%) [2][3]

Group 1 - The software ETF has a turnover rate of 4.32% and a transaction volume of 215 million yuan, ranking first among comparable funds in terms of average daily trading volume over the past week at 396 million yuan [3] - The latest scale of the software ETF reached 4.925 billion yuan, marking a one-year high and also ranking first among comparable funds [3] - Over the past five trading days, the software ETF experienced net inflows on three days, totaling 743 million yuan [3] Group 2 - The software ETF has seen a net value increase of 7.09% over the past three years, with the highest monthly return since inception being 39.35% and the longest consecutive monthly gain being three months with a total increase of 69.40% [3] - The average return during the months of increase is 9.98% [3] Group 3 - The intelligent software development industry focuses on AI technology to provide solutions that enhance business efficiency, optimize decision-making, and improve user experience [4] - The industry is characterized by strong technology dependence, short product iteration cycles, and diverse cross-domain applications, with China showing strong capabilities in this field [4] - The growth in smart hardware shipments is expected to drive demand for intelligent software, with opportunities arising from developments in smart homes and smart vehicles [4] Group 4 - As of June 30, 2025, the top ten weighted stocks in the CSI Software Service Index include iFlytek, Kingsoft Office, Tonghuashun, Hengsheng Electronics, Runhe Software, 360, Softcom Power, Tuo Wei Information, Compass, and China Software, collectively accounting for 60.56% of the index [4] - The stock performance of the top companies includes iFlytek with a 2.88% increase and a weight of 13.93%, while Kingsoft Office increased by 0.46% with a weight of 8.15% [6]

Core Insights - H20's resumption of sales to China is expected to alleviate supply pressure on computing chips, stimulating the entire computing infrastructure and AI industry chain [2][3] - Since the rebound on April 9, overseas computing has seen a significant increase of 40.9%, while domestic computing, represented by Huawei's chain, has only increased by 21.1% [3][4] - The performance of domestic computing has improved, and H20's impact on domestic computing is limited, indicating that domestic computing still has long-term growth potential [5] Industry Overview - The computing power industry chain has been catalyzed by H20's return to the Chinese market, which is designed to comply with U.S. export restrictions and is specifically tailored for the Chinese market [3][5] - The domestic computing power industry is entering a growth cycle, supported by technological advancements, commercial applications, and increasing demand for AI models [4] - Key companies in the domestic computing power sector, such as Huawei, have demonstrated significant performance improvements, with Huawei's computing cluster outperforming NVIDIA's GB200 NVL72 [4][5] Investment Opportunities - The report suggests focusing on specific segments within the computing infrastructure industry, including servers, liquid cooling, copper connections, PCBs, optical communications, cloud computing, and domestic computing [5] - The IPO acceptance of domestic GPU manufacturers like Muxi Integration and Moore Threads fills the gap in the A-share market for full-function GPUs, further supporting the domestic computing ecosystem [4]