Group 1 - The China Securities Software Service Index fell by 1.31% on January 27, 2026, with mixed performance among constituent stocks, led by Hehe Information up 1.07%, and followed by Shenxinfu up 0.86% and Hengsheng Electronics up 0.84%, while Guanghuan Xinwang led the decline [1] - The release of the 2.0 version of the KOUZI tool on January 19 is seen as a significant enhancement in capabilities such as Agent Skills, Agent Plan, and Agent Coding, addressing key pain points of general AI tools being business-ignorant and customized tools being costly and time-consuming, thus facilitating the transition of AI applications in enterprises from pilot projects to large-scale penetration [1] - CITIC Construction Investment Securities noted that the Agent industry is accelerating its evolution from single intelligence to multi-agent systems (MAS), with products like Anthropic CoWork and MiniMax Agent 2.0 deeply integrating local development and office workflows, upgrading AI roles from conversational assistants to digital employees with long-term planning and autonomous execution capabilities [1] Group 2 - As of December 31, 2025, the top ten weighted stocks in the China Securities Software Service Index include iFLYTEK, Kingsoft Office, Tonghuashun, Zhinancun, Hengsheng Electronics, Tuo Wei Information, Runhe Software, 360, Softcom Power, and Shenxinfu, collectively accounting for 60.89% of the index [2] - The Software ETF (159852) tracks the China Securities Software Service Index, serving as a convenient tool for capitalizing on opportunities in the computer software industry [2] - Investors can also access AI software investment opportunities through the Software ETF linked fund (012620) [2]

Core Insights - The collaboration between Softcom Power and Jinpan Technology has led to the launch of the "Softcom Tianxuan AI Factory Intelligent Manufacturing Solution" aimed at accelerating the deployment of AI platforms and applications in the manufacturing sector [1][2] - The AI Factory solution has already empowered various industries including retail, finance, manufacturing, healthcare, energy, and automotive [1] Group 1 - The Softcom Tianxuan MaaS platform serves as a critical component of the AI Factory solution, functioning as an "AI flywheel engine" that drives intelligent scenarios across vertical industries [1] - The Tianxuan AutoAgent utilizes five core technological innovations to deconstruct complex tasks into executable units, enabling flexible development and deployment of intelligent agents [1] - The Tianxuan Digital WorkMate platform allows enterprises to quickly build a silicon-based workforce platform, encapsulating industry know-how into a standardized, reusable digital employee matrix [1] Group 2 - The AI Factory solution is built on a secure, compliant, and autonomous technical foundation, offering customized product combinations and implementation paths tailored to the transformation needs of different industries and enterprise sizes [2] - The partnership with Jinpan Technology represents a significant practical application of the AI Factory solution, providing a replicable benchmark for intelligent transformation in sectors like new energy and new infrastructure [2] - The company plans to continue enhancing its full-stack AI capabilities and deepen collaborations with industry partners to promote the AI Factory solution in more scenarios [2]

Core Insights - The collaboration between Softcom Power and Jinpan Technology has led to the launch of the "Softcom Tianxuan AIFactory Intelligent Manufacturing Solution" aimed at accelerating the transformation of the manufacturing industry through AI applications [1][2] - The AIFactory solution is designed to empower various sectors including retail, finance, manufacturing, healthcare, energy, and automotive [1] Group 1 - The AIFactory solution leverages the Softcom Tianxuan MaaS platform as a central component, functioning as an "AI flywheel engine" that drives intelligent scenarios across vertical industries [1] - Key innovations of the Tianxuan AutoAgent include language-level intelligent orchestration and fully decoupled distributed scheduling, enabling the decomposition of complex tasks into executable units for flexible deployment [1] - The Tianxuan Digital WorkMate platform allows enterprises to quickly build silicon-based labor platforms, encapsulating industry know-how into standardized, reusable digital employee matrices [1] Group 2 - The AIFactory solution is built on a secure, compliant, and autonomous technology foundation, offering customized product combinations and implementation paths tailored to the transformation needs of different industries and enterprise scales [2] - The partnership with Jinpan Technology represents a significant practical application of the AIFactory solution, providing a replicable benchmark for intelligent transformation in sectors like new energy and new infrastructure [2] - Softcom Power aims to continuously enhance its full-stack AI capabilities and deepen collaboration with industry partners to promote the AIFactory solution in more scenarios [2]

Group 1 - The software development sector is experiencing a correction, with the CSI Software Service Index down by 2.43% as of January 26, 2026 [1] - Key stocks in the sector show mixed performance, with Guanghuan New Network leading with a 5.60% increase, while Zhongke Xingtou leads the decline [1] - Claude has been officially integrated into Microsoft Excel Professional Edition, marking the first deep integration of an AI assistant into mainstream office software, aimed at financial analysts [1] Group 2 - Suiyuan Technology's IPO application was accepted by the Shanghai Stock Exchange on January 22, 2026, with plans to raise 6 billion yuan for AI chip development and computing infrastructure [1] - AI technology is transforming the production process in the industry, reducing production cycles from over 50 days to under 30 days, with costs per episode dropping to the thousand-yuan level [1] - The dynamic animation agent shows strong technological spillover effects, with potential applications extending beyond content tools to gaming development and architectural design [1] Group 3 - As of December 31, 2025, the top ten weighted stocks in the CSI Software Service Index account for 60.89% of the index, including companies like iFLYTEK and Kingsoft [2] - The software ETF (159852) tracks the CSI Software Service Index, providing a convenient tool for investing in the computer software industry [3] - Investors can also access AI software investment opportunities through the Software ETF linked fund (012620) [4]

股票研究/[Table_Date] 2026.01.25 [Table_Industry] 计算机 银河通用"干活"机器人登春晚，具身智能 迎来主流时刻 | | | 证 券 研 究 报 告 请务必阅读正文之后的免责条款部分 股 票 研 | [姓名table_Authors] | 电话 | 邮箱 | 登记编号 | | --- | --- | --- | --- | | 杨林(分析师) | 021-23183969 | yanglin2@gtht.com | S0880525040027 | | 魏宗(分析师) | 021-23180000 | weizong@gtht.com | S0880525040058 | | 吕浦源(分析师) | 021-23183822 | lvpuyuan@gtht.com | S0880525050002 | 本报告导读： 1 月 25 日央视首次官宣 26 年春晚"指定具身大模型机器人"，银河通用从宁德时代、 博世等产线转战舞台，获评"打工人"代表。银河通用的轮式底盘+折叠腿的人形 Galbot，本质是一具身智能大模型的载体。春晚这一国民级 IP 绑定"干活型"具身智 能，有望 ...

Group 1 - The core message is that Softline Power (301236) has officially launched the "Softline Tianxuan AI Factory Intelligent Manufacturing Solution" in collaboration with Jinpan Technology (688676) to accelerate the transformation of the manufacturing industry towards intelligent manufacturing [1] - The AI Factory solution has already empowered various sectors including retail, finance, manufacturing, healthcare, energy, and automotive, aiming to help manufacturing clients deploy AI platforms and applications more rapidly [1] - A deepening cooperation agreement was signed at the AI Factory Ecosystem Partner Conference, marking the upgrade phase of the intelligent manufacturing solution, which is part of Jinpan Technology's "14th Five-Year" intelligent manufacturing strategy [1] Group 2 - Softline Power has achieved a breakthrough in global expansion within the AI industry by signing a project for the technology stack renovation of a leading bank's credit approval system in Southeast Asia [2] - The comprehensive solution developed for the bank includes "intelligent risk control + core system + operation and maintenance services," enhancing the accuracy of suspicious transaction identification by 40% through the anti-money laundering monitoring module [2] - By the third quarter of 2025, Softline Power has served over 150 banks and related institutions globally, with a 90% coverage rate among the top 20 banks in China, while the contribution from overseas markets continues to grow [2]

Core Insights - The article emphasizes that the competition in the AI era is shifting from a focus on individual model parameters to a comprehensive ecosystem approach, as demonstrated by Google's integration of TPU chips, Gemini models, and a full suite of applications [1] - In China, the company Softcom Power is positioned to replicate this "full-stack logic" by creating a complete closed loop of "computing power-model-terminal" in the enterprise market, aiming to bridge the gap between technology supply and industry demand [1] Group 1: Foundation - Softcom Power has made a strategic leap from "software-defined" to "physical support" by acquiring Tongfang Computer, establishing a robust hardware system that includes AI servers, workstations, and storage devices [2] - The company is a significant contributor to China's self-reliant computing ecosystem, leveraging technologies like Kunpeng and Ascend, and is well-positioned within national strategies such as "East Data West Computing" [2][4] Group 2: Hub - The Softcom Tianxuan MaaS (Model as a Service) platform serves as a central hub that transforms computing power into intelligence, akin to Google's Gemini model [5] - This platform benefits from Softcom's 20 years of industry experience, allowing it to fine-tune and train models based on specific industry needs, thus addressing core pain points in sectors like manufacturing, finance, and energy [5][6] Group 3: Reach - Softcom Power is expanding its reach into the consumer market through its "Mechanical Revolution" brand, which promotes AI PCs that evolve computers into "personal intelligent assistants" [8][9] - The company is also venturing into the smart robotics sector, demonstrating its capability to integrate hardware and software solutions for various industrial applications [9] Group 4: Flywheel Effect - The strategy of Softcom Power creates a self-reinforcing business flywheel: computing intelligence provides a strong foundation for software, scene intelligence enhances hardware capabilities, and terminal intelligence broadens commercial boundaries [11] - This "full-stack intelligent" strategy positions Softcom Power not just as an IT service provider but as an "ecological connector" that integrates foundational technology, industry scenarios, and end-user needs, aiming to establish a significant global presence in AI [11]

Group 1 - The company, Softcom Power, has successfully won the procurement project for the establishment of the AI chip adaptation center in Dongguan, Guangdong, which is the first national-level pilot platform focusing on domestic AI chip adaptation [1] - This achievement is a recognition of the company's years of technical expertise and industry service experience in the AI field, addressing core pain points in the domestic AI chip industry such as incomplete toolchains and a lack of benchmark demonstration cases [1] - The national-level platform integrates core resources from the industry chain, creating four core modules: supply-demand matching for domestic AI chips, training and certification, adaptation optimization toolchain, and integrated technical services [1] Group 2 - On the hardware side, Softcom Power's subsidiary, Softcom Huafang, launched the DeepSeek model inference integrated machine based on the Ascend platform, winning Huawei's "Global Excellent Product Value-Added Partner Award" [2] - The company's self-developed Tianxuan 2.0 MaaS platform has connected 432 super node clusters, providing full-stack services for over 200 clients, achieving a 30-fold efficiency improvement in industrial quality inspection scenarios [2] - In the AI application layer, the company focuses on intelligent agents and embodied intelligence, achieving rapid commercialization of technological results, with its core product, Tianxuan AutoAgent, significantly improving quality inspection efficiency by over three times [2] Group 3 - In the field of embodied intelligence, Softcom Power's subsidiary, Softcom Tianxu, completed a strategic investment of 80 million yuan to enhance research and development in industrial robots and digital twin technology [3] - The company has successfully applied its measurement and line-laying robot C1 and pipeline inspection robot G1 in large-scale scenarios such as electricity and petrochemicals [3] - Softcom Tianxu has won a 158 million yuan project for the Wuxi Artificial Intelligence Innovation Center and plans to launch the "Tianqing" and "Tianxi" series of robots for flexible manufacturing and home services [3]

Group 1 - The company Softcom Power announced the convening of its 25th second board meeting on January 23, 2026, to discuss the establishment of a special account for raised funds and authorize the signing of a fund supervision agreement [1] Group 2 - Local state-owned assets have begun purchasing auctioned properties at prices around 6,000 to 7,000 yuan per unit, acquiring over 60 properties in the Nansha District of Guangzhou, while the average listing price for second-hand homes in the same community exceeds 20,000 yuan [1]

证券代码：301236 证券简称：软通动力 公告编号：2026-004 第二届董事会第二十五次会议决议公告 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 董 事 会 二、备查文件 1、第二届董事会第二十五次会议决议； 2、深圳证券交易所要求的其他资料。 特此公告。 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 2026 年 1 月 20 日发出会议通知，2026 年 1 月 23 日在公司会议室以现场及通讯表决方式 召开了第二届董事会第二十五次会议，会议应到董事 9 名，实到董事 9 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。本次会议由董事长刘天文先生主持，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 1、审议通过《关于开立募集资金专户并授权签订募集资金监管协议的议案》 为规范公司募集资金的使用与管理，保护中小投资者的权益，根据《上市公 司募集资金监管规则》《深圳证券交易所上市公 ...