香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確 性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容而產生或 因倚賴該等內容而引致的任何損失承擔任何責任。 董事會會議通知 Digital China Holdings Limited（神州數碼控股有限公司* ）（「本公司」）之董事會（「董事 會」）謹此宣佈，本公司將於二零二五年八月二十七日（星期三）舉行董事會會議，藉以考 慮及批准（其中包括）本公司及其附屬公司截至二零二五年六月三十日止六個月之未經審核 綜合中期業績及考慮派付中期股息（如有）。 承董事會命 Digital China Holdings Limited (神州數碼控股有限公司* ) 郭為 主席兼首席執行官 香港，二零二五年八月十五日 於本公告刊發時，本公司之董事會由九名董事組成，包括： 執行董事：郭為先生（主席兼首席執行官）及林楊先生（副主席） * 僅供識別 非執行董事：叢珊女士及劉軍強先生 獨立非執行董事：劉允博士、金昌衛先生、郭嵩博士、陳惠康先生及李靜博士 網址： www.dcholdings.com ...

Group 1 - The core viewpoint of the article emphasizes the company's focus on the "big data + AI" strategy, which has led to significant improvements in performance driven by the rapid growth of big data products and solutions [1][3] - The company is building a robust core technology system to meet the increasing demand for data applications in the digital economy, focusing on scenario-based applications and driving innovation in big data and AI [1][2] - The company has established a global market presence, achieving a revenue of 929 million RMB from overseas operations in 2024, with a compound annual growth rate of 41% from 2022 to 2024 [2] Group 2 - The company is committed to advancing its "big data + AI" strategy amid favorable policies for digital transformation in manufacturing and smart cities, leading to accelerated business development and improved revenue and profit structure [3] - The company forecasts revenues of 18.376 billion RMB, 20.681 billion RMB, and 22.664 billion RMB for 2025-2027, with net profits of 231 million RMB, 442 million RMB, and 511 million RMB respectively, indicating strong future growth potential [3]

Investment Rating - The report upgrades the investment rating to "Buy" for the company [4] Core Views - The company focuses on the "Big Data + AI" strategy, with significant breakthroughs in its big data business driving performance improvement [3][12] - The demand for data applications continues to grow, and the company is building a core technology system to support this [2][38] - The company is expanding its global presence, achieving notable results in overseas markets [3][4] Financial Summary - Revenue is projected to grow from 18.277 billion RMB in 2023 to 22.664 billion RMB in 2027, with a compound annual growth rate (CAGR) of approximately 9.6% [1] - The net profit attributable to shareholders is expected to turn positive by 2025, reaching 231 million RMB, and further increasing to 511 million RMB by 2027 [1] - The company's return on equity (ROE) is forecasted to improve from -29.1% in 2023 to 7.3% in 2027 [1] Business Strategy - The company is leveraging its advantages in public data operations and self-developed platforms to penetrate various industries such as transportation, water conservancy, and manufacturing [2][3] - The focus on scenario-based applications is driving innovation in the "Big Data + AI" business, enabling digital transformation across industries [2][12] - The company is committed to enhancing its research and development capabilities, with significant investments in technology to maintain a competitive edge [51][62] Market Outlook - The domestic big data industry is expected to grow significantly, with projections indicating a market size of approximately 2.4 trillion RMB by 2024, reflecting a CAGR of 22% [38][42] - The demand for digital supply chain services is also anticipated to rise, with a projected revenue of around 3.6 trillion RMB in 2023, growing at a rate of 11% [67][72] - The company is well-positioned to capitalize on the increasing importance of data as a key production factor in the digital economy [41][42]

承董事會命 Digital China Holdings Limited (神州數碼控股有限公司*) 郭為 主席兼首席執行官 香港，二零二五年八月六日 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部分內容而產生或因倚 賴該等內容而引致的任何損失承擔任何責任。 海外監管公告 本公告是由Digital China Holdings Limited (神州數碼控股有限公司* )（「本公司」）根據 香港聯合交易所有限公司證券上市規則第 13.10B條而作出。 以下附件是本公司依臺灣相關證券法律的規定於二零二五年八月六日在臺灣證券交易所 股份有限公司網頁刊發的公告。 * 僅供識別 附表三十九 神州數碼控股有限公司 臺灣存託憑證流通及兌回情形月報表 中華民國 114 年 7 月份 於本公告刊發時，董事會由九名董事組成，包括： 執行董事：郭為先生（主席兼首席執行官）及林楊先生（副主席） 非執行董事：叢珊女士及劉軍強先生 獨立非執行董事：劉允博士、金昌衛先生、郭嵩博士、陳惠康先生及李靜博士 網址： www.dcholding ...

截至月份: 2025年7月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 神州數碼控股有限公司 股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 呈交日期: 2025年8月6日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 00861 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 2,500,000,000 | HKD | | 0.1 | HKD | | 250,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 2,500,000,000 | HKD | | 0.1 | HKD | | 250,000,000 | 本月底法定/註冊股本 ...

Core Viewpoint - The opening of the "Kejie Guangzhou Baiyun Renhe Warehouse" marks a significant milestone for the company in the South China region, enhancing the supply chain capabilities for the fast-moving consumer goods (FMCG) sector, particularly in the beauty industry [1][3]. Group 1: Strategic Importance - The Baiyun Renhe Warehouse aligns with the development opportunities in the Greater Bay Area and the e-commerce economy, significantly reducing the inbound time from 4 hours to 30 minutes [3]. - The warehouse is strategically located near Baiyun Airport, enabling rapid logistics capabilities with a promise of "24-hour delivery in South China and 48-hour delivery nationwide" [7]. Group 2: Technological Advancements - The warehouse is equipped with intelligent logistics devices and innovative digital management systems, ensuring efficient, precise, and environmentally friendly supply chain services [5]. - Advanced technologies such as big data and AI are utilized for precise inventory management, helping to predict inventory needs and avoid stockouts or excess inventory [8]. Group 3: Industry Impact - The Baiyun Renhe Warehouse is expected to serve as an "accelerator" for the beauty FMCG supply chain in South China, benefiting brands, consumers, and the regional economy [9]. - The logistics efficiency improvements will lower logistics costs for brands, allowing them to invest more in product development and marketing [9]. Group 4: Economic Contribution - The operation of the warehouse is projected to create numerous job opportunities and stimulate the development of upstream and downstream industries such as packaging and transportation [10]. - The company aims to continuously upgrade its intelligent technology, positioning the Baiyun Warehouse as a national model for "technology logistics empowering industrial belts" [10].

Group 1 - Golden Concept, a luxury brand from Sweden, has signed a strategic cooperation agreement with Kexin, a subsidiary of Shenzhou Holdings, granting Kexin exclusive rights to conduct marketing activities in mainland China [1][3] - Kexin will leverage its technological capabilities and ecological resources in the smart supply chain sector to provide integrated operational services for Golden Concept, enhancing the brand's growth through digital means [1][4] - China has become the world's largest luxury goods consumer, accounting for over 25% of global luxury consumption, prompting luxury brands to accelerate their market presence in China [3][4] Group 2 - Golden Concept aims to design product lines that cater to the preferences of Chinese consumers, focusing on artistic and quality demands in the electronic consumer sector [3][4] - Kexin has extensive experience in supply chain and e-commerce, providing comprehensive solutions that cover market insights, store setup, marketing, customer service, and transaction fulfillment [4] - The partnership is seen as a model for promoting cross-cultural and cross-field exchanges, with Shenzhou Holdings aiming to facilitate more international brands entering the Chinese market [5]

Strategic Cooperation - Shenzhou Holdings signed a cooperation agreement with Beijing Jiaotong University to enhance talent cultivation, research collaboration, and green supply chain development [1] - The company’s subsidiary, Koget, signed a strategic cooperation agreement with YTO Express to build an industry-leading "warehouse and distribution" ecosystem [3] Business Development - Shenzhou Holdings' subsidiary, Shenqi Digital, is collaborating with Shanghai Yidian to provide integrated services for intelligent computing infrastructure [5] - Shenqi Digital secured contracts with major automotive companies, leveraging its extensive service network to enhance operational efficiency and resource allocation [7] - Koget participated in a cross-border e-commerce conference, addressing challenges in overseas expansion and showcasing AI-driven supply chain solutions [9] - Koget's executive highlighted the importance of digitalization in enhancing supply chain efficiency during a major e-commerce event [11] - A joint working group was established with Thailand's Saha Group to explore collaboration in capital, digitalization, e-commerce, and logistics [13] Social Responsibility - The company conducted a charity event providing smart learning devices to rural children, emphasizing its commitment to education and community support [15] - A logistics data openness initiative was launched in collaboration with various organizations to promote a new mechanism for data circulation and sustainable supply chains [17] Leadership Dynamics - The chairman of Shenzhou Holdings engaged in a dialogue with a Cambridge professor, discussing the intersection of AI and business practices [19] - The chairman published an article in a global management journal, outlining methodologies for sustained enterprise growth in the digital economy [23] Honors and Qualifications - Koget received the "SSCL Golden Chain Award" for Best Supply Chain Innovation at a major logistics and supply chain event [25] - Shenqi Digital was recognized as a member of the Trusted Data Space Development Alliance, highlighting its expertise in data security and digital transformation [28] - Shenqi Digital contributed to the formulation of two national standards in ecological environment big data, showcasing its leadership in the field [29] - Koget participated in the development of a group standard for cross-border e-commerce platforms, aimed at establishing a robust governance framework [30] - Koget was selected as a quality service provider for global cross-border e-commerce marketing, enhancing its market positioning [31] - Shenzhou Holdings received multiple A-level ratings for its ESG initiatives, reflecting its commitment to sustainable development [32]

Core Insights - The company has gained market attention due to its recent business expansion in smart supply chain and data intelligence, particularly through a strategic partnership with YTO Express to build a "warehouse and distribution integration" ecosystem [1] - The company has made significant breakthroughs in the automotive industry's digitalization, winning projects with major car manufacturers such as Shanghai Yidian, FAW Group, and SAIC-GM-Wuling [1] Group 1: Technology-Driven Developments - The company has made notable progress in artificial intelligence and data intelligence, with the upgraded "Yanyun Infinity" covering the entire process from AI infrastructure to data resource integration and intelligent applications [2] - A partnership with Shanghai Yidian marks an important breakthrough in AI computing power, while collaborations with institutions like Beijing Jiaotong University aim to promote data flow and sharing in the logistics sector [2] - The company has developed targeted intelligent solutions across various fields, including research, production, supply, and sales [2] Group 2: Scene Innovation - The company has created differentiated solutions tailored to vertical industry needs, achieving significant business breakthroughs in the automotive sector with contracts signed with Changchun FAW and SAIC-GM-Wuling [3] - In the chain service industry, the company has developed a comprehensive solution for the hotel sector, which has been successfully replicated in other industries [3] - The company has also addressed pain points in cross-border e-commerce and industrial transformation by creating a digital solution that encompasses e-commerce operations and full-process supply chain management [3] Group 3: Ecological Collaboration - The company is actively aggregating industry resources to build a mutually beneficial industrial ecosystem, exemplified by a strategic agreement with YTO Express focusing on business collaboration, resource integration, and technological innovation [4] - The "Kejie Partner" initiative is being promoted to establish strategic alliances with more ecological partners, creating a collaborative approach to market challenges [4] Group 4: Future Outlook - The company is accelerating the implementation of its strategic execution plan established at the beginning of the year, with expectations for greater breakthroughs in the second half of the year [5] - Industry analysts believe that technology companies with independent R&D capabilities and industrial collaboration will play a crucial role in the new round of industrial transformation, positioning the company favorably for growth in the smart industry sector [5]

Core Viewpoint - The shareholder meeting of Shenzhou Holdings (00861.HK) escalated into a confrontation, highlighting significant governance issues and shareholder dissatisfaction, particularly regarding the company's declining stock price and management compensation amidst continuous losses [1][7]. Governance Issues - The shareholder meeting addressed critical issues such as the approval of the 2024 annual report, dividend distribution, and the nomination of non-executive and independent directors [1]. - A contentious vote allowed the board to issue new shares up to 20% of the existing share capital without special shareholder approval, raising concerns about potential dilution of existing shareholders' rights [3][4]. - The board's authority to issue new shares and repurchase up to 10% of shares without further shareholder meetings diminishes the influence of minority shareholders [4][5]. Financial Performance - Shenzhou Holdings reported a net loss of 254 million yuan for 2024, primarily due to a significant loss of 524 million yuan from its subsidiary, Shenzhou Information [7]. - The company's revenue for 2024 was 16.657 billion yuan, a year-on-year decline of 8.86%, with traditional service revenue dropping by 19.24% [8]. - The software business saw a slight increase in revenue by 3.91%, while the anticipated growth in the big data platform and solutions segment was only 2.11% [9]. Shareholder Dynamics - The major shareholders include Guo Wei's faction holding 21.44% and two state-owned enterprises from Guangzhou holding a combined 30.61% [4]. - The recent vote on independent directors saw only 57% approval, indicating a lack of trust in the current independent director system among nearly half of the shareholders [6]. Management and Internal Issues - Internal governance problems have led to a loss of confidence among shareholders, exacerbated by poor investment decisions and lack of independent audits on significant investments [7]. - The company has faced personnel upheaval, with key management changes impacting business operations, particularly in the Shanghai region [9].