科大国盾量子技术股份有限公司 2025 年第五次临时股东大会会议资料 股票简称：国盾量子 股票代码：688027 2025 年 9 月 - 1 - 科大国盾量子技术股份有限公司 2025 年第五次临时股东大会 科大国盾量子技术股份有限公司 2025 年第五次临时股东大会 目 录 科大国盾量子技术股份有限公司2025年第五次临时股东大会会议须知…………3 科大国盾量子技术股份有限公司2025年第五次临时股东大会会议议程…………5 议案1、《关于公司日常关联交易的议案》………………………………………6 - 2 - 科大国盾量子技术股份有限公司 2025 年第五次临时股东大会 科大国盾量子技术股份有限公司 2025年第五次临时股东大会会议须知 为了维护全体股东的合法权益，确保股东大会的正常秩序和议事效率，保证 大会的顺利进行，根据《公司法》《证券法》《上市公司股东会规则》及《科大 国盾量子技术股份有限公司章程》的规定，为认真做好召开股东大会的各项工作， 特制定本须知： 一、本次大会期间，全体参会人员应以维护全体股东的合法权益，确保大会 的正常秩序和议事效率为原则，自觉履行法定义务。 二、为保证本次大会的严肃性和正常 ...

通信行业点评 姚院士在浦江论坛对量子提出了怎样的期待？ 2025 年 09 月 23 日 ➢ 2025 年 9 月 21 日浦江创新论坛上，姚院士就量子计算+A 开展演讲，认 为两者可"相互赋能"。"将量子与 AI 这两项颠覆性技术结合，或许能推动人类 突破现有知识极限，实现系统能力的跃升。"在姚期智院士看来，二者的融合不是 简单叠加，而是相互赋能的"化学反应"。大会同时宣布成立上海量子人工智能联 合体、上海量子科技装备产业创新联盟，发布上海量子计算十大应用场景，标志 上海量子科技与产业发展迈入崭新发展阶段。 ➢ 我国 AI 量子：基础扎实潜力无限。大会上指出，当前我国在量子纠错、AI 赋能量子等领域紧跟国际前沿，最新研究进展在部分方向上已经具备了"并跑"， 甚至局部"领跑"的可能。中国科学院院士俞大鹏指出，中国在量子计算领域已 取得显著突破。在上海，复旦大学成功研制出中性原子量子计算系统，制定高效 并行量子计算指令集；开发 ai+量子调控方案，实现了大规模原子系统的自动校 准、优化，为量子计算增效提速；自研物镜的性能也已支撑万比特级中性原子量 子计算；近期在量子优化算法上又取得新突破，大幅提升 NP 难问题 ...

国产芯片：智算需求强劲，性能生态再进阶 20250922 摘要 华为发布 AI 芯片蓝图，计划在未来三年内实现算力翻倍，并推出 950P2、960 和 970 等系列芯片，分别达到 1P、2P 和 4P FLOPS，旨 在通过超节点集成提升集群能力，缩小与英伟达在单卡算力上的差距。 全球算力需求快速扩张，科技巨头纷纷构建大规模算力集群，国内 Tokens 日消耗量呈指数级增长，机器人和智能驾驶等领域对底层计算 能力的需求也显著提升，预示着算力市场巨大的发展潜力。 国产智算芯片在先进制程和架构创新方面取得突破，中芯国际 14 纳米 良率超 95%，7 纳米稳步推进，华为升腾 910C 采用 7 纳米 EUV 工艺 提升 FP16 算力，寒武纪等厂商推出具有竞争力的新产品，推动国产智 算芯片市场繁荣。 国产芯片在单卡性能上逐步接近英伟达，但综合生态系统仍有差距。华 为通过硬件变现和软件开源，对标 CUDA 生态系统，旨在构建更具竞争 力的 AI 生态，但 CUDA 的兼容性仍是国产厂商面临的重要挑战。 中国 AI 市场规模预计达 500 亿美元，国产芯片有望占据一半以上市场 份额，整体体量或达 2000 亿人民币 ...

Investment Rating - The report maintains a "Recommendation" rating for the computer industry, expecting the industry index to rise more than 5% over the next 3-6 months compared to the benchmark index [17]. Core Views - The industry is currently in a phase of wide fluctuations, with a focus on leading companies and the importance of AI+, quantum information, and domestic application opportunities. The report highlights that as model capabilities continue to improve, the AI+ application industry will accelerate its implementation. Additionally, the quantum computing sector is rapidly developing globally, with significant collaborations such as the "Technology Prosperity Agreement" between the UK and the US, which involves over £31 billion in investments from major tech companies [1][2]. Summary by Sections Industry Overview - The computer industry consists of 337 listed companies with a total market capitalization of ¥59,816.49 billion and a circulating market capitalization of ¥53,773.16 billion [4]. Performance Metrics - The absolute performance of the industry over the past month, six months, and twelve months is 3.4%, 12.0%, and 103.4%, respectively. The relative performance shows a decline of 3.2% over one month but an increase of 62.5% over twelve months compared to the benchmark [5]. Key Developments - The establishment of the Quantum Computing Alliance and the upcoming "AI Quantum: Quantum Intelligence" forum in Shanghai are significant developments in the quantum computing sector. The report notes that various applications of quantum computing are being explored across multiple industries, including healthcare, defense, and finance [1][7]. Investment Recommendations - The report suggests focusing on several categories for investment: 1. Domestic computing power companies such as Cambricon, Haiguang Information, Alibaba, Baidu, and Inspur [7]. 2. Domestic application companies like Dameng Data and China Software [7]. 3. AI+ companies including Kingsoft Office and iFLYTEK [7]. 4. Quantum information companies such as Guodun Quantum and Shenzhou Information [7].

Group 1 - The third International Conference on Emerging Quantum Technologies highlighted China's leading position in quantum technology development, with experts discussing advancements and awarding the "Mozi Quantum Prize" [1][3] - The A-share quantum technology sector saw significant gains, with Guoshun Quantum (688027.SH) rising by 4.4%, Keda Guokong (300520.SZ) increasing by 3.7%, and Shenzhou Information (000555.SZ) up by 2.5% [1] Group 2 - The "Mozi Quantum Prize" for 2025 was awarded to three scientists in the field of quantum simulation, recognizing their contributions to the advancement of quantum science [3] - China's quantum communication capabilities have been demonstrated with the establishment of a 300-kilometer quantum direct communication network, showcasing the feasibility of long-distance secure communication [4] Group 3 - The development of the "Zuchongzhi No. 3" quantum computing prototype has set a new record in superconducting quantum computing, further establishing China's competitive edge in this area [4] - The National Natural Science Foundation of China has launched a major research plan with funding up to 7 million yuan for projects aimed at advancing quantum information science [6]

Core Insights - Anhui Province is showcasing its resilience and vitality in the manufacturing sector by introducing ten leading technologies and products at the 2025 World Manufacturing Conference [1] - The province has transitioned from a traditional agricultural base to a manufacturing powerhouse, emphasizing the importance of digital transformation and innovation in driving high-quality industrial development [5][6] Group 1: Technological Advancements - The conference highlighted advanced technologies such as the lunar in-situ resource additive manufacturing system and intelligent robotics, reflecting Anhui's commitment to innovation [1] - Anhui Hefei presented three AGV series products designed for complex logistics scenarios, demonstrating the province's focus on intelligent manufacturing [3] Group 2: Digital Transformation - Anhui has implemented a policy framework to support the digital transformation of its manufacturing sector, with a total funding of 2.523 billion yuan allocated to various projects [5] - The province has achieved 100% digital transformation initiation among its industrial enterprises, showcasing the effectiveness of its digitalization efforts [6] Group 3: Emerging Industries - Anhui's strategic emerging industries have shown significant growth, with the output value of these industries growing at an average annual rate approximately double that of the overall industrial growth rate [9] - The province is home to a substantial share of national production in various sectors, including 10% of automobiles and 15% of photovoltaic components [8] Group 4: Future Industries - Anhui is actively developing future industries such as quantum technology and deep space economy, with initiatives aimed at fostering innovation and establishing a robust industrial foundation [10][11] - The province aims to create a comprehensive ecosystem for innovation, integrating government, industry, academia, and finance to support the growth of emerging sectors [15]

Market Overview - On September 22, the communication equipment sector rose by 0.2% compared to the previous trading day, with Guangku Technology leading the gains [1] - The Shanghai Composite Index closed at 3828.58, up 0.22%, while the Shenzhen Component Index closed at 13157.97, up 0.67% [1] Top Gainers in Communication Equipment Sector - Guangku Technology (300620) closed at 138.21, up 10.27% with a trading volume of 374,600 shares [1] - Yongding Co., Ltd. (600105) closed at 11.00, up 10.00% with a trading volume of 1,934,300 shares [1] - Dingxin Communication (603421) closed at 8.17, up 9.96% with a trading volume of 508,600 shares [1] - Other notable gainers include Guangxun Technology (002281) up 6.88% and Feiling Kesi (301191) up 4.94% [1] Top Losers in Communication Equipment Sector - Sega Technology (002796) closed at 19.59, down 7.68% with a trading volume of 480,600 shares [2] - Kunheng Shunwei (688283) closed at 31.15, down 5.12% with a trading volume of 32,900 shares [2] - Changying Tong (688143) closed at 48.09, down 4.89% with a trading volume of 73,700 shares [2] Capital Flow Analysis - The communication equipment sector experienced a net outflow of 1.746 billion yuan from institutional investors, while retail investors saw a net inflow of 1.607 billion yuan [2] - Notable net inflows from retail investors were observed in stocks like Guangku Technology and Guangxun Technology, while significant outflows were noted in stocks like ZTE Corporation [3] Individual Stock Capital Flow - ZTE Corporation (000063) had a net inflow of 560 million yuan from institutional investors, but a net outflow of 378 million yuan from retail investors [3] - Yongding Co., Ltd. (600105) saw a net inflow of 531 million yuan from institutional investors, with a net outflow from retail investors [3] - Guangxun Technology (002281) had a net inflow of 502 million yuan from institutional investors, while retail investors experienced a net outflow [3]

Core Viewpoint - The article discusses the emergence of quantum computing companies in Hefei, particularly focusing on Benyuan Quantum, which is set to initiate its A-share listing process, marking a significant milestone in China's quantum computing industry [5][6]. Group 1: Company Overview - Benyuan Quantum, founded in September 2017 by prominent figures in the quantum computing field, aims to bridge the gap between domestic and international quantum computing advancements [8][9]. - The company is located on a street known as "Quantum Avenue" in Hefei, which hosts several notable quantum companies, including GuoDun Quantum and GuoYi Quantum [8][9]. - The founding team consists of leading experts, including Academician Guo Guangcan and Professor Guo Guoping, with over 75% of the workforce being research and development personnel [9][12]. Group 2: Financial Performance - In 2022, Benyuan Quantum completed a B-round financing of 1 billion RMB, achieving a valuation of approximately 7 billion RMB [15]. - The company's revenue for the previous year was 99.38 million RMB, with a loss of 34.19 million RMB, and it is projected to exceed 100 million RMB in revenue for the current year [19][20]. - Recent transactions indicate a slight decrease in valuation, currently estimated at around 6.9 billion RMB [17]. Group 3: Market Position and Future Prospects - Benyuan Quantum is positioned as a leader in the domestic quantum computing sector, with optimistic projections for its IPO valuation, potentially reaching 10 billion RMB based on comparisons with other quantum companies [21]. - The company focuses on creating a fully autonomous and controllable quantum computing ecosystem, developing various products including quantum chips and cloud platforms [24]. - Hefei has become a hub for quantum technology, housing nearly one-third of China's quantum enterprises and ranking second globally in quantum industry development [28].

Industry Insights - The Shanghai Quantum Artificial Intelligence Consortium and the Shanghai Quantum Technology Equipment Industry Innovation Alliance were established, focusing on interdisciplinary research in quantum artificial intelligence over the next five years [1] - The global quantum computing industry is expected to grow from $5.04 billion in 2024 to $21.998 billion by 2030, with a compound annual growth rate (CAGR) of 87.64% [1] - Various hardware technology routes for quantum computing are developing concurrently, with superconducting quantum computing being the most favored [2] Company Developments - Geer Software has invested in Shanghai Hongge Post-Quantum Technology Co., which is engaged in research, standard formulation, and product development in the field of post-quantum cryptography, with applications in government, finance, and military sectors [3] - Jida Zhengyuan has made progress in research on post-quantum cryptographic algorithms, achieving an algorithm for post-quantum signatures [4]

Group 1 - The 2025 World Manufacturing Conference was held from September 20 to 23 in Hefei, Anhui Province, focusing on advanced manufacturing technologies and international cooperation [1] - The conference attracted participants from over 40 countries and regions, including government officials, entrepreneurs, and experts, to explore new trends and opportunities in high-quality development of the global manufacturing industry [1] Group 2 - GuoDun Quantum Technology Co., Ltd. showcased its innovative security products for mobile communication and data storage, including the GuoDun MiMail, which uses a "one-time one-key" distribution technology to ensure email security [2] - The A-Grav cold atom gravimeter, developed by GuoDun Quantum, achieved the world's first continuous observation of absolute gravity and is being applied in earthquake monitoring and academic research [2] Group 3 - iFlytek Co., Ltd. presented a range of AI products, including an industrial endoscope capable of detecting 0.01 mm cracks in aircraft, demonstrating how AI can enhance manufacturing processes [3] - Anhui Conch Group showcased its digital transformation achievements through various display methods, emphasizing the importance of smart development in the manufacturing sector [3] Group 4 - The conference served as a platform for companies to explore international collaboration opportunities, with representatives expressing optimism about enhancing business growth through engagement with global enterprises [4] - Anhui Hongguan Optoelectronics Technology Co., Ltd. highlighted its expansion efforts and ongoing discussions with potential partners, indicating a growing network and market presence [5]