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的核查报告 深圳证券交易所： 华泰联合证券有限责任公司（以下简称"华泰联合证券"或"组织券商"） 受委托担任FNOF Easynet (HK) Limited（以下简称"出让方"）以向特定机构 投资者询价转让（以下简称"询价转让"）方式减持所持有的软通动力信息技 术（集团）股份有限公司（以下简称"公司"或"软通动力"）首次公开发行 前已发行股份的组织券商。 经核查，华泰联合证券就本次询价转让的出让方、受让方是否符合《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》"）要求，本次 询价转让的询价、转让过程与结果是否公平、公正，是否符合《指引第16号》 的规定作出如下报告说明。 一、本次询价转让概况 （一）本次询价转让出让方 截至2025年7月25日出让方所持公司首发前股份情况具体如下： | 序号 | 股东名称 | 持股数量（股） | 占公司总股本比例 | | --- | --- | --- | --- | | 1 | FNO ...

Group 1 - AI programming tool Lovable reached a valuation of $100 million within 8 months [1] - The growth rate of well-known AI tools like Cursor is notable, indicating a strong market demand [1] - The development of AI programming and large models is closely tied to the capabilities of the upcoming GPT-5 model [1] Group 2 - Companies like Haohan Deep and Zhizhen Technology are focusing on low-code solutions, with market capitalizations of 2.006 billion and 2.694 billion respectively [2] - Puyuan Information and Haoyun Technology are also investing in low-code platforms, with market capitalizations of 2.703 billion and 3.308 billion respectively [2] - The low-code market is seeing significant participation from various companies, indicating a trend towards simplified development processes [2] Group 3 - Companies such as Yimikon and Keda Guokai are developing modular operating systems and rapid development platforms, with market capitalizations of 5.854 billion and 7.101 billion respectively [3] - Zheda Wangxin and Lihua Kexin are focusing on AI and low-code solutions, with market capitalizations of 9.679 billion and 9.814 billion respectively [3] - The integration of AI technologies into low-code platforms is becoming a key focus for many companies [3] Group 4 - Zhongke Information and Yuncong Technology are advancing in low-code and AI technologies, with market capitalizations of 10.326 billion and 13.535 billion respectively [4] - Companies like Jingbeifang and Zhongke Chuangda are launching comprehensive low-code solutions, with market capitalizations of 17.054 billion and 21.815 billion respectively [4] - The trend towards AI integration in development processes is evident, with companies like Ruantong Power leading in this area with a market capitalization of 37.023 billion [4] Group 5 - iFlytek, with a market capitalization of 106.436 billion, is leveraging its AI capabilities for unit testing and other functionalities [5]

Group 1: Liquidity and Performance of Software ETF - The software ETF had a turnover of 2.11% and a transaction volume of 1.08 billion yuan during the trading session [1] - Over the past week, the software ETF averaged a daily transaction volume of 4.26 billion yuan, ranking first among comparable funds [1] - In the last two weeks, the software ETF's scale increased by 9.20 billion yuan, also the highest among comparable funds [1] - In the last 10 trading days, the software ETF experienced net inflows on 7 days, totaling 8.64 billion yuan [1] - The software ETF has seen a net value increase of 7.14% over the past three years [1] - The highest monthly return since inception was 39.35%, with the longest consecutive monthly gain being 3 months and a maximum increase of 69.40% [1] Group 2: Investment Insights and Sector Trends - AI demand is rapidly increasing, reflecting the health of the AI industry chain, with ongoing upgrades in multi-modal large models driving sustained growth in computing power demand [1] - The computing and software development industry is expected to show significant differentiation in 2025, with high demand in AI computing and laser radar sectors [2] - The software outsourcing, financial IT, quantum computing, and data elements sectors are expected to maintain steady growth [2] - The top ten weighted stocks in the CSI Software Service Index account for 61.39% of the index, with notable companies including iFLYTEK and Kingsoft [2] - Investors can access AI software investment opportunities through the software ETF linked fund (012620) [2]

Group 1 - A-shares experienced fluctuations and climbed after opening, with the gaming sector showing significant movement, particularly the software ETF Huaxia (159256), whose holding stock Shen Zhou Tai Yue rose over 8% [1] - The State Council's executive meeting approved the "Artificial Intelligence +" action plan, emphasizing the promotion of AI's large-scale and commercial application across various sectors, aiming to integrate AI with manufacturing, education, healthcare, and transportation [1] - Zhonghang Securities' report highlighted that the policy establishes a clear development line for "AI+", combined with breakthroughs in general large model technology, indicating that the AI industry is entering a value release window, with 2025 expected to be the "year of AI application landing" [1] Group 2 - The Huaxia software ETF (159256) tracks the entrepreneurial software index (399264), focusing on 50 quality AI software stocks in the entrepreneurial board, with a high concentration in software development and IT services, accounting for 70% of the industry [2] - Key weighted stocks in the index include well-known software companies such as Tonghuashun, Runhe Software, Softcom Power, Guiding Compass, Kunlun Wanwei, and Deepin Technology [2]

Core Viewpoint - The A-share computing power industry chain, particularly the optical module sector, has experienced a decline, with the AI index on the ChiNext board dropping by 0.78% and key stocks like Tianfu Communication falling over 5% [1] Group 1: Market Performance - The ChiNext AI index, which has a high concentration of optical components, has seen a decline, indicating a cooling trend in the market [1] - The recent two-day pullback in the computing power industry chain reflects a broader market adjustment, with significant declines in several key stocks [1] Group 2: Investment Opportunities - The Huaxia ChiNext AI ETF (159381) has attracted over 33 million yuan in inflows over the past 10 trading days, indicating strong investor interest [1] - This ETF tracks the ChiNext AI index and focuses on AI-related companies listed on the ChiNext board, with over 33% of its weight in optical modules [1] Group 3: Key Holdings - The top three holdings in the ETF include leading optical module companies: Zhongji Xuchuang, Xinyisheng, and Tianfu Communication, alongside other industry leaders such as Beijing Junzheng and Allwinner Technology [1] - The ETF has the lowest comprehensive fee rate among comparable funds, with a management fee of 0.15% and a custody fee of 0.05% [1]

受上周美股科技股调整，今日软件赛道开盘震荡，云计算、人工智能、金融科技等板块调整明显。创业 板软件ETF华夏（159256）持仓股中科信息上涨超3%，航天智装、神州泰岳、国投智能、同花顺等个 股表现较好。创业板软件全市场首只"高弹性"软件类ETF上市，开市半小时成交额突破2000万元。 创业板软件ETF华夏（159256）跟踪创业软件指数（399264），该指数聚焦创业板中AI软件类50只优质 个股，深度布局AI+，在人工智能应用端的金融科技、AI Agent、AI游戏方面均有涉及。其行业中软件 开发+IT服务占比高达70%。权重股包括同花顺、润和软件、软通动力、指南针、昆仑万维、深信服等 知名软件类企业。 平安证券认为，在当前全球AI大模型领域竞争依然白热化背景下，国产开源模型、国产AI大模型应用 的国际竞争力正在持续提升。我国国产大模型的持续迭代升级以及大模型应用的普及，将带来对AI算 力在训练端及推理端的持续旺盛需求，从而拉动我国AI算力市场持续高景气。我们坚定看好我国AI产 业的未来发展，建议关注AI主题的投资机会。 （文章来源：每日经济新闻） ...

Investment Rating - The industry investment rating is "Overweight" [3][23]. Core Insights - The report highlights a significant acceleration in the commercialization of humanoid robots, with a clear trend towards practical applications in various sectors such as industrial automation and healthcare [9][10]. - The humanoid robot industry is expected to see a cumulative global demand of approximately 2 million units by 2030, indicating a critical breakthrough phase [6][19]. - Key sectors to watch include humanoid robots, photovoltaic equipment, energy storage, semiconductor equipment, automation, hydrogen energy, and engineering machinery [20][21]. Summary by Relevant Sections Humanoid Robots - The WAIC 2025 showcased a doubling in the number of robot manufacturers and an increase in core component suppliers, reflecting heightened international interest [9]. - The report identifies leading companies in the humanoid robot supply chain, including Sanhua Electric, Zhejiang Rongtai, and Beite Technology, among others [4][19]. Photovoltaic Equipment - The penetration rate of N-type photovoltaic technology is accelerating, strengthening the competitive edge of leading companies [20]. - The report suggests monitoring companies like Maiwei and Jiejia Weichuang for their technological innovations and market positioning [20]. Energy Storage - The energy storage sector is experiencing favorable policies that enhance its growth prospects, particularly in both generation and user-side applications [20]. - Companies like Xingyun and Kexin New Energy are highlighted for their strategic partnerships and product offerings in the energy storage market [20]. Semiconductor Equipment - The semiconductor equipment market is projected to reach $140 billion by 2030, with a growing share from mainland China, although the domestic production rate remains low [21]. - Key players to watch include Zhongwei Company and Northern Huachuang, which are positioned to benefit from the ongoing domestic substitution trend [21]. Automation - The market for industrial consumables, particularly cutting tools, is expected to grow from 40 billion to 55.7 billion by 2026, driven by increased concentration and import substitution [21]. - Companies like Huarui Precision and Oke Yi are recommended for their potential to capitalize on these trends [21]. Hydrogen Energy - The report emphasizes the importance of green hydrogen in achieving carbon neutrality, with a focus on companies that integrate the hydrogen supply chain [20]. - Recommended companies include Longi Green Energy and Yihua Tong, which are well-positioned in the green hydrogen market [20]. Engineering Machinery - The report suggests focusing on leading companies in the engineering machinery sector, such as Sany Heavy Industry and Zoomlion, which are expected to maintain their competitive advantages [21].

截至2025年8月1日 09:51，中证软件服务指数上涨0.29%，成分股深信服上涨5.32%，卫宁健康上涨3.31%，中国软件上涨1.90%，东华软件上涨1.73%，同花 顺上涨1.55%。软件ETF(159852)上涨0.35%。 流动性方面，软件ETF盘中换手2.51%，成交1.29亿元。拉长时间看，截至7月31日，软件ETF近1周日均成交4.07亿元，排名可比基金第一。 规模方面，软件ETF近1周规模增长1618.51万元，实现显著增长，新增规模位居可比基金第一。资金流入方面，拉长时间看，软件ETF近5个交易日内有4日 资金净流入，合计"吸金"1.48亿元。 截至7月31日，软件ETF近3年净值上涨8.43%。从收益能力看，截至2025年7月31日，软件ETF自成立以来，最高单月回报为39.35%，最长连涨月数为3个 月，最长连涨涨幅为69.40%，上涨月份平均收益率为9.75%。 7月31日国务院常务会议召开，会议审议通过《关于深入实施"人工智能+"行动的意见》。会议指出，要深入实施"人工智能+"行动，大力推进人工智能规模 化商业化应用，充分发挥我国产业体系完备、市场规模大、应用场景丰富等优势，推动 ...

金融界消息 截至2025年7月31日收盘，软通动力（301236）报收于54.95元，上涨0.26%，换手率 3.27%，成交量22.26万手，成交金额12.29亿元。 资金流向方面，今日主力资金净流出3998.16万元，占比成交额3.25%。其中，超大单净流出46.27万 元、占成交额0.04%，大单净流出3951.88万元、占成交额3.22%，中单净流出流入3846.13万元、占成交 额3.13%，小单净流入152.03万元、占成交额0.12%。 软通动力最新一期业绩显示，截至2025一季报，公司营业总收入70.11亿元、同比增长28.65%，归属净 利润19768.83万元，同比增长28.76%，扣非净利润21601.69万元，同比增长24.02%，流动比率1.857、速 动比率1.424、资产负债率53.91%。 天眼查商业履历信息显示，软通动力信息技术(集团)股份有限公司，成立于2005年，位于北京市，是一 家以从事软件和信息技术服务业为主的企业。企业注册资本95294.1177万人民币，实缴资本36000万人 民币。公司法定代表人为刘天文。 通过天眼查大数据分析，软通动力信息技术(集团)股份有限公 ...

天眼查App显示，近日，海南软通国际科技有限公司成立，法定代表人为侯宏斌，注册资本5亿人民 币，经营范围含技术服务、技术开发、技术咨询、技术交流、技术转让、技术推广，计算机系统服务， 软件开发，人工智能应用软件开发等。股东信息显示，该公司由软通动力（301236）全资持股。 ...