中信建投证券股份有限公司 关于软通动力信息技术（集团）股份有限公司 2025 年度日常关联交易预计的核查意见 中信建投证券股份有限公司（以下简称"中信建投证券"或"保荐机构"）作 为软通动力信息技术（集团）股份有限公司（以下简称"软通动力"或"公司"） 首次公开发行股票并在创业板上市之保荐机构，根据《证券发行上市保荐业务 管理办法》《深圳证券交易所创业板股票上市规则》《深圳证券交易所上市公 司自律监管指引第 2 号——创业板上市公司规范运作》《深圳证券交易所上市 公司自律监管指引第 7 号——交易与关联交易》《深圳证券交易所上市公司自 律监管指引第 13 号——保荐业务》等相关规定，对软通动力 2025 年度日常关 联交易预计等相关事项进行了核查，核查情况及核查意见如下： 一、日常关联交易基本情况 （一）日常关联交易概述 根据公司及全资、控股子公司业务发展及日常经营的需要，公司及全资、控 股子公司预计 2025 年度拟与部分关联方产生日常关联交易，总金额不超过 48,000.00 万元，交易事项主要包括向关联方提供/接受劳务、采购关联方产品/商 品等。2025 年 2 月 25 日，公司第二届董事会第十四次会 ...

软通动力信息技术（集团）股份有限公司（以下简称"公司"）于 2025 年 2 月 25 日召开第二届董事会第十四次会议，审议通过《关于公司向平安银行股份 有限公司天津分行申请授信额度的议案》、《关于公司向中国农业银行股份有限公 司北京自贸试验区分行申请授信额度的议案》、《关于公司向南洋商业银行（中国） 有限公司北京分行申请授信额度的议案》，同意公司向银行申请银行综合授信额 度。具体情况如下： 一、本次申请银行综合授信额度情况 证券代码：301236 证券简称：软通动力 公告编号：2025-009 软通动力信息技术（集团）股份有限公司 关于申请银行综合授信额度的公告 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。 公司根据经营发展的需要及融资需求，公司拟向平安银行股份有限公司天津 分行申请使用不超过人民币80,000万元的授信额度（其中敞口额度50,000万元）， 授信用于流动资金周转；拟向中国农业银行股份有限公司北京自贸试验区分行申 请使用不超过人民币 20,000 万元的授信额度；拟向拟向南洋商业银行（中国）有 限公司北京分行申请使用不超过人民币 20,00 ...

一、日常关联交易基本情况 （一）日常关联交易概述 根据公司及全资、控股子公司业务发展及日常经营的需要，公司及全资、控 股子公司预计 2025 年度拟与部分关联方产生日常关联交易，总金额不超过 48,000.00 万元，交易事项主要包括向关联方提供/接受劳务、采购关联方产品/商 品等。2025 年 2 月 25 日，公司第二届董事会第十四次会议以 8 票同意、0 票反 对、0 票弃权审议通过《关于 2025 年度日常关联交易预计的议案》，并授权管理 层结合实际业务发生情况与关联方签署具体交易协议，关联董事刘天文先生回避 表决。根据《深圳证券交易所创业板股票上市规则》和《公司章程》等规定，该 议案无需提请股东大会审批。 证券代码：301236 证券简称：软通动力 公告编号：2025-010 软通动力信息技术（集团）股份有限公司 关于2025年度日常关联交易预计的公告 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。 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"） 于 2025 年 2 月 25 日召开第二届董事会第十四次会议及第二届监事会第十 ...

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。 软通动力信息技术（集团）股份有限公司（以下简称"公司"）于 2025 年 2 月 25 日召开第二届董事会第十四次会议及第二届监事会第十三次会议，审议 通过《关于子公司委托理财产品实物资产分配方案的议案》，同意实物资产分配 的方案，并授权管理层办理受益人大会表决、决策实物资产选择、签署相关协议 及实物资产交付、处置等相关事宜。具体情况如下： 一、委托理财事项概述 公司于 2022 年 4 月 7 日召开第一届董事会第十三次会议审议通过了《关于 使用闲置自有资金进行委托理财的议案》，同意公司及子公司使用部分闲置自有 资金不超过 100,000 万元（含本数，不含收益金额）进行委托理财，有效期为董 事会审议通过之日起 12 个月，上述额度在有效期内公司可循环滚动使用，任一 时点最高余额为不得超过 100,000 万元。详情请见公司于 2022 年 4 月 7 日在巨 潮资讯网发布的《第一届董事会第十三次会议决议公告》（公告编号：2022-002）、 《关于使用闲置自有资金进行委托理财的公告》（公告编号：2022-00 ...

证券代码：301236 证券简称：软通动力 公告编号：2025-008 软通动力信息技术（集团）股份有限公司 第二届监事会第十三次会议决议公告 本公司及监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。 软通动力信息技术（集团）股份有限公司（以下简称"公司"）于 2025 年 2 月 22 日以电子邮件及电话等方式发出通知，2025 年 2 月 25 日在公司会议室以现场 及通讯表决方式召开了第二届监事会第十三次会议，会议应到监事 3 名，实到监 事 3 名。会议的召集和召开程序符合有关法律、行政法规、部门规章、规范性文 件和公司章程的有关规定。本次会议由监事会主席唐琳女士主持，公司部分高级 管理人员列席了本次会议，经过认真审议，形成如下决议： 一、会议审议通过如下议案 软通动力信息技术（集团）股份有限公司 表决结果：3 票同意、0 票反对、0 票弃权。 独立董事专门会议及保荐机构对该议案发表了同意的意见。 2、审议通过《关于子公司理财产品实物资产分配方案的议案》 具体内容详见同日刊登在巨潮资讯网上的《关于委托理财事项的进展公告》。 表决结果：3 票同意、0 票反对、0 ...

Core Viewpoint - The company has successfully integrated DeepSeek-R1 into the Tianxuan MaaS platform, enhancing its capabilities in developing and managing industry-specific large models and application scenario models [1] Group 1: Company Developments - The company has introduced the Tianxuan AutoAgent platform, enabling enterprises to develop AI agents with zero coding [1] - The Mechanical Revolution AI PC product line is now connected to DeepSeek, promoting the adoption of edge AI applications [1] - The company's Ascend AI workstations and AI servers fully support the localized deployment of DeepSeek [1] - The Tianyuan Intelligent Computing large model gateway has also integrated DeepSeek models, providing superior AI for Science services to clients [1] Group 2: Strategic Advantages - By fully integrating DeepSeek, the company strengthens its "soft and hard integration" strategy, enhancing its comprehensive intelligent business layout [1]

Product Overview - The Tianhe C1 robot, launched on January 16, is designed for research and education, featuring a modular architecture and a rich library of action algorithms [2][3] - The robot utilizes the self-developed Tianxuan model, enabling multi-modal perception, autonomous learning, and emotional interaction [3] AI Industry Opportunities - DeepSeek is shifting the AI industry from a "compute-driven" to an "algorithm-driven" paradigm, creating new application possibilities across various sectors [4] - The company has integrated DeepSeek into its products, enhancing its "soft and hard integration" strategy [4] AI Innovations - The Tianxuan AutoAgent platform offers a zero-code, one-stop solution for developing enterprise intelligent agents, facilitating rapid deployment across industries [5][6] - The platform incorporates five core technological innovations, supporting a "Develop anywhere, deploy anywhere" model [6] Operating System Developments - The company has launched the WeOS open-source industrial operating system, addressing challenges in industrial automation and integration of IoT and AI technologies [7] - A joint laboratory has been established to enhance WeOS's capabilities and support digital transformation in industrial enterprises [7] Digital Twin Technology - The company has over 10 years of experience in digital twin technology and is set to launch the Tian Shu iSSMeta2024 simulation platform by the end of 2024 [8] - The newly introduced Tian Shu FSim process simulation software aims to optimize production planning and resource allocation in virtual factories [8]

Investment Rating - The report maintains a "Recommended" rating for the company [3][5]. Core Views - Short-term performance fluctuations do not alter the long-term outlook, with significant potential as a leader in the Huawei supply chain [2][3]. - The company has experienced substantial business growth due to strategic acquisitions, although profits have declined due to increased interest expenses and higher sales and integration costs [1][2]. - The integration of hardware and software, along with a focus on core business areas post-acquisition, is expected to gradually reduce the negative impact on profits [2]. Summary by Sections Earnings Forecast - The company forecasts a net profit for 2024 between 130 million to 190 million yuan, representing a year-on-year decline of 64.41% to 75.65% [1]. - The non-recurring net profit is expected to be between 50 million to 75 million yuan, reflecting a decline of 83.76% to 89.17% year-on-year [1]. Business Growth and Strategy - The company has significantly expanded its business scale through strategic acquisitions, indicating successful strategic implementation [2]. - In Q3 2024, the company's PC brand achieved a market share of 10% in the domestic desktop and notebook market, ranking second with a year-on-year growth rate of 123% [2]. - The company is focusing on the integration of Huawei's core technologies and the trend of domestic substitution, with successful launches of new products and solutions [2]. Financial Projections - Projected revenues for 2024 are expected to reach 30.77 billion yuan, with a growth rate of 75% [4]. - The forecasted net profit for 2024 is 187 million yuan, with a significant decline of 64.9% compared to 2023 [4]. - The company anticipates a recovery in net profit to 329 million yuan in 2025 and 541 million yuan in 2026, with corresponding PE ratios of 163X and 99X [3][4].

证券代码：301236 证券简称：软通动力 公告编号：2025-005 软通动力信息技术（集团）股份有限公司 软通动力信息技术（集团）股份有限公司（以下简称"公司"）于近日接到股 东刘天文先生函告，获悉其质押了持有的公司部分股份，具体事项如下： 一、股东股份质押基本情况 （一）本次股份质押基本情况 | 股东 | 是否为控股股东 或第一大股东及 | 本次质押数 | 占其所持 | 占公司总 | 是否为限 | 是否为补 | 质押起始日 | 质押到期日 | 质权人 | 质押 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 名称 | | 量（股） | 股份比例 | 股本比例 | 售股 | 充质押 | | | | 用途 | | | 其一致行动人 | | | | | | | | | | | 刘天文 | 是 | 6,100,000 | 2.69% | 0.64% | 是，首发 | | 2025 年 1 | 办理解除质 | 云南国际信托 | 个人 生产 | | | | | | | 前限售股 | 否 | 月 23 日 | 押登记手续 ...

Financial Performance - The estimated net profit for 2024 is projected to be between 130 million and 190 million CNY, representing a decline of 64.41% to 75.65% compared to the previous year's profit of 533.89 million CNY[3] - The estimated net profit after deducting non-recurring gains and losses is projected to be between 50 million and 75 million CNY, a decrease of 83.76% to 89.17% from the previous year's profit of 461.75 million CNY[3] Strategic Acquisitions - The company completed strategic acquisitions, leading to significant growth in new business segments such as computing products and digital infrastructure[5] - Increased interest expenses due to new acquisition loans were noted, impacting overall profitability[5] Marketing and Sales - Sales expenses have risen due to enhanced brand marketing, channel development, and market expansion efforts[6] Regulatory Impact - The expiration of VAT preferential policies has negatively affected performance[6] Asset Management - The company conducted comprehensive checks and impairment tests on acquired assets, resulting in the recognition of some asset impairment provisions[6] Financial Reporting - The financial data presented is preliminary and subject to confirmation in the 2024 annual report[7]