近日，我国首个开源桌面操作系统"开放麒麟1.0"发布，标志着我国拥有了操作系统组件自主选型、操 作系统独立构建的能力。上市公司方面，多家公司在操作系统领域有所布局。 我国首个开源桌面操作系统"开放麒麟1.0"发布 2023年7月，在中关村国家自主创新示范区展示交易中心举行的2023操作系统产业大会上，我国首个开 源桌面操作系统openKylin1.0（以下简称：开放麒麟1.0）正式亮相。 据介绍，openKylin（开放麒麟）是通过开放操作系统源代码的方式、由众多开发者共同参与研发的国 产开源操作系统，将打造具有自主创新技术的开源桌面操作系统。 2022年5月27日，桌面操作系统根社区开放麒麟开发者平台首次上线。 2022年6月24日，以"创开源之势 享无境未来"为主题的中国首个桌面操作系统根社区开放麒麟举行线上 发布会，开放麒麟开源社区正式发布。 2022年7月22日，openKylin官方发布，桌面操作系统根社区开放麒麟首个体验版openKylin 0.7发布。 经过不断地修复升级，2023年1月12日，开放麒麟正式推出了0.95版本，该版本默认搭载全新一代UKUI 4.0桌面环境，深度优化平板模式，升级 ...

这是半佛仙人的第1920篇原创 1 【盛典前，再聚首】 11月28日，中央广播电视总台与广东省人民政府将联合主办一场盛大的鸿蒙星光盛典。 这次盛典，主角不是某一家或者某几家企业，而是中国科技，以及背后的用户、开发者和 生态伙伴们； 叫盛典，不是简单的晚会，更是一场对技术和开发者精神的致敬，一场对所有鸿蒙同路人 的努力的致谢。 盛典之前，放出了个生态伙伴采访片，叫《心路·新路》。 片子好在哪儿？ 很诚恳，也很真实，没有C位，更没有卖惨或者邀功，就是让18位生态伙伴，带着自己的 旧物，像个鸿蒙l o g o同心圆一样坐下来围一起，讲了一遍一路走来的故事。 内容也非常真实，没有什么英雄史诗，你把这18个奋战在前线的伙伴们的经历乘个万或者 百万，就是鸿蒙生态能发展到今天的原因。 听着他们把新物用成旧物的过程，串在一起，就能感到力量或温情。 所以叫星光盛典。 就是因为 众星熠熠，乃成星河 。 2 做系统难吗？太难了。 任何事情0 - 1的过程本来就很难，更何况在操作系统这个理论上早就大结局一二十年的赛 道上。 难到别说投资人不理解，很多公司不理解，就连用户都不理解，他自己成熟的操作系统用 得好好的，凭啥放弃之前的习惯， ...

Summary of Conference Call for Zhongsoft International Company Overview - Zhongsoft International is a key player in the development and deployment of the Harmony operating system, focusing on both B-end and C-end markets. The company has established partnerships with various hardware manufacturers and is actively involved in smart city projects and AI applications. Key Points Industry and Company Involvement - Zhongsoft International has a significant stake in Deep Kaihong, which recently completed a Series B financing round with a post-investment valuation of 5.4 billion yuan, planning to list on the Sci-Tech Innovation Board in 2026 [2][3] - The company is heavily investing in smart city projects, with planned investments in Xi'an of over 10 billion to 20 billion yuan annually for the next three years, and approximately 10.5 billion yuan in Longgang District, Shenzhen [2][3] Harmony Operating System Developments - Zhongsoft International holds over 60% of the contract share for Huawei's Harmony OS, with device connections reaching 1.19 billion units. Revenue from native application migration is expected to reach 400 to 500 million yuan by the end of the year, excluding Huawei's outsourcing projects [2][3][8] - The company plans to collaborate with hardware manufacturers like Loongson and Yisiwei to create an integrated model of chips, operating systems, and ecosystems, aiming for a scale of interconnected devices in the hundreds of billions [2][4] AI and Business Growth - The AI and Harmony business revenue is projected to double year-on-year by 2025, reaching approximately 2 billion yuan, primarily through computing power leasing, domestic patent sales, and the AI Agent platform [2][6] - Zhongsoft International is developing an atomic service platform in collaboration with cultural tourism departments, which has already generated revenue in 2025 [5] Market Strategy and Competition - The Harmony virtual machine is currently free for C-end users, with plans to commercialize it for B-end clients alongside PC hardware launches in 2026 [7] - The company has a competitive edge in the open-source Harmony field due to its founding team from Huawei, leading code contributions, and extensive application capabilities across various sectors [9] Future Projections and Industry Trends - The company anticipates significant growth in the Harmony ecosystem by 2026, driven by government support and a focus on B-end device replacements in sectors like military and public security [12] - Zhongsoft International aims to become a core application supplier, leveraging new business opportunities through its atomic traffic platform [10] Additional Insights - The company is actively involved in AR and AI integration, enhancing operational efficiency and reducing costs through AI assistants in various industries [14][16] - Zhongsoft International is positioned to benefit from national policies promoting the development of domestic operating systems, with Harmony OS being specifically highlighted [11] This summary encapsulates the critical insights and developments discussed during the conference call, highlighting Zhongsoft International's strategic initiatives and market positioning within the Harmony operating system landscape.

计算机行业重大事项点评 推荐（维持） 鸿蒙：生态技术双突破，自主底座能力再巩固 事项： ❑ 2025 年 11 月 14-16 日，于深圳举办的第二十七届中国国际高新技术成果交易 会（高交会）上，华为鸿蒙生态以独立展区形式全面亮相，系统展示了其在工 业、安平、医疗、金融等关键领域的创新应用成果。展会集中呈现了鸿蒙生态 以 OpenHarmony 开源项目为共同技术底座，汇聚 AI+分布式安防场景的安平 鸿蒙、具身智能+设备互联场景的工业鸿蒙、设备互联+AI 辅助诊断场景的医 疗鸿蒙、政务+产业协同场景的园区鸿蒙、中移智鸿开源底座场景家庭鸿蒙等 众多行业发行版。 证 券 研 究 报 告 评论： 行业研究 计算机 2025 年 11 月 18 日 华创证券研究所 证券分析师：吴鸣远 邮箱：wumingyuan@hcyjs.com 执业编号：S0360523040001 联系人：周楚薇 邮箱：zhouchuwei@hcyjs.com 行业基本数据 | | | 占比% | | --- | --- | --- | | 股票家数(只) | 338 | 0.04 | | 总市值(亿元) | 58,692.16 | 4.84 ...

Core Insights - The article discusses the transformative impact of AI on traditional computing systems, particularly focusing on the evolution of the Anolis OS and the broader domestic software industry in China [2][11] - It highlights the shift from a stable replacement of operating systems to a co-evolution with AI, emphasizing the need for a new definition of operating systems in the AI era [2][11] Group 1: AI's Impact on Operating Systems - AI is reshaping the definition of operating systems from mere resource managers to active "transmission devices" that efficiently organize and schedule heterogeneous resources [5][11] - The new operating systems must support complex applications driven by AI models, requiring advanced memory and tool usage capabilities [4][6] - The demand for managing diverse computing resources, including GPUs and AI chips, presents new technical challenges for operating systems [4][6] Group 2: Domestic Operating Systems' Challenges and Opportunities - Domestic operating systems like Anolis and OpenEuler face a global competitiveness gap compared to top international systems, particularly in unified ecosystem representation [6][7] - However, the inability to rely on a single dominant computing supply has led domestic systems to develop unique experiences in supporting diverse computing environments [7][8] - The complexity of scenarios faced by Chinese enterprises provides domestic operating systems with a natural advantage in handling intricate systems [7][8] Group 3: Advantages of Open Source and Community Collaboration - The deep integration of open source with domestic operating systems enhances their ability to innovate collaboratively among various manufacturers [7][10] - Sustainable commercial investment is crucial for the long-term viability of open source communities, ensuring continuous iteration and development [7][10] - The growth of the Longxin community from 100 to 1000 partners illustrates the strong demand for collaborative solutions across the domestic industry [8][10] Group 4: Competitive and Cooperative Dynamics - The competition among domestic operating systems is characterized by a complex interplay of cooperation and competition, rather than a simple replacement model [8][10] - Multiple communities are necessary to address the diverse needs of the domestic industry, allowing for parallel development without hindering each other [8][10] - The focus should be on creating a "systemic prosperity" rather than a singular dominance, fostering a collaborative ecosystem [10][11] Group 5: Future Directions and Strategic Focus - The path for domestic operating systems involves leveraging open models to drive hardware and OS standards, facilitating a shift away from hardware dependency [10][11] - The ongoing evolution of computing paradigms and the need for high-level cooperation among communities will define the future of domestic operating systems [11][12] - The article concludes that the journey of domestic operating systems is a continuous process of conflict, cooperation, and evolution, positioning them as active participants in the AI-driven transformation [11][12]

北京商报讯（记者 魏蔚）11月18日，北京商报记者获悉，中国智能计算产业联盟正式发布的《国产服 务器操作系统发展报告（2025）》（以下简称为"报告"）显示，在用户企业当前使用的服务器操作系统 中，龙蜥生态相关社区版和商业版的市场占比近 50%，装机量超1000万。在国产操作系统迁移意愿方 面，用户意愿迁移至龙蜥生态社区版和商业版的比例为54.25%。 报告调研显示，"云+AI"正在重塑和加速服务器操作系统的发展，未来三年，预计国产服务器操作系统 相关市场规模将突破300亿元，国产化率从35%提升至65%，实现从细分领域到通用市场、从能用到好 用的跨越式发展。过去一年，龙蜥社区在软件生态方面，联合达摩院、中兴、浪潮、中科院软件所等机 构制定RISC-V （开源指令集架构）SIG 2.0规划，联合中兴、达摩院、浪潮、如意社区等伙伴首次发布 支持RVA23高性能扩展的Anolis23 RISC-V预览版，包含适配内核、工具链及1300+软件包，推动RISC-V 向数据中心级应用演进。国际标准化方面，社区专家在RISC-V国际基金会担任主席/副主席，主导Data Center SIG运作，推进RAS/PMU云方案增 ...

Core Insights - The RISC-V International Open Source Laboratory (RIOS) officially launched its high-performance open-source RISC-V processor IP core "OpenRio" at the 27th China International High-tech Achievements Fair, marking a significant milestone for the lab and providing a high autonomy open "core" foundation for domestic operating system ecosystems [1][3] Group 1: Industry Context - The global computing technology landscape is undergoing profound restructuring, with the RISC-V instruction set rapidly transitioning from embedded systems to high-performance computing applications [3] - The traditional ARM architecture is facing challenges in balancing performance and cost, particularly as the costs of high-end mobile core components continue to rise, putting significant pressure on terminal manufacturers [3] Group 2: Product Features and Benefits - OpenRio is a high-reliability IP core that has undergone multiple rounds of verification and is ready for mass production, featuring comprehensive support for domestic operating system frameworks and compatibility with mainstream EDA tools [5] - The open-source model of OpenRio is expected to attract global developers, significantly lowering the design threshold for chips and injecting critical momentum into the RISC-V industrialization [3][5] Group 3: Strategic Importance - The launch of OpenRio provides a crucial common technology foundation for the deep integration of the international open-source RISC-V instruction set with domestic operating systems, addressing long-standing supply issues for high-performance, low-cost core components in the domestic operating system ecosystem [4] - RIOS aims to build an open-source REPO platform to create a CPU IP open-source foundation, providing unified standards and reference implementations to support continuous and reliable technology supply for the industry [5] Group 4: Future Plans - Shenzhen Qianhai will be the first to pilot the application of OpenRio, with RIOS planning to collaborate with more partners to create a win-win situation through IP licensing, technical cooperation, and scenario co-construction [5] - RIOS will continue to deepen its open-source strategy and collaborate closely with domestic operating system ecosystems like OpenHarmony to contribute to the security and self-reliance of digital infrastructure [5]

Core Viewpoint - The article discusses the transition of the robotics industry from "automation" to "intelligence," highlighting the role of Professor Li Zhijun and his development of the insightOS, a domestically produced intelligent operating system for robots, aimed at enhancing their autonomous decision-making capabilities [1][4][19]. Group 1: InsightOS Development - The insightOS is designed to address the complexity and flexibility challenges in robot applications, integrating intelligence deeply into the system rather than treating it as an external module [4][5]. - The system aims to achieve robot autonomy by embedding AI capabilities such as perception, reasoning, and planning into the operating system's core services [4][5]. - A unified semantic understanding layer allows non-experts to command robots using natural language, significantly lowering deployment barriers and enabling large-scale collaboration among intelligent agents [5][8]. Group 2: Dynamic Adaptation and Flexibility - InsightOS features dynamic adaptability through built-in elastic scheduling and multi-model collaboration, enabling real-time resource allocation based on complex scene requirements [8]. - The system can autonomously identify anomalies and plan recovery strategies, ensuring stability in dynamic environments, thus addressing the critical challenge of making robots not just "usable" but "effective" [8][9]. Group 3: Ecosystem Construction - The company is building a comprehensive ecosystem that connects application scenarios, hardware adaptation, and algorithm integration, aiming to create a universal system tailored to domestic industry needs [9][10]. - InsightOS has achieved hardware decoupling and capability atomization, allowing compatibility with various robot types, including industrial arms and drones, by abstracting hardware differences into a unified "semantic behavior" [9][10]. - The insight Studio development platform supports rapid integration of third-party algorithm models, significantly reducing the barriers and costs for robot manufacturers in deploying and tuning algorithms [10][12]. Group 4: Vision and Mission - InsightOS aims to create a "self-controllable operating system" for Chinese robots, addressing the reliance on foreign platforms and mitigating data security risks [13][15]. - The system is built on decades of research from Harbin Institute of Technology, ensuring a strong foundation in both operating systems and robotics [15][18]. - The company plans to establish a complete product matrix and has already deployed insightOS in several domestic humanoid robots, receiving industry recognition [18][19].

Investment Rating - The report maintains a "Recommended" rating for the company, indicating an expected price increase of over 15% relative to the benchmark index [6]. Core Insights - The company reported a significant improvement in quarterly profits, with total revenue for the first three quarters of 2025 reaching 3.198 billion yuan, a year-on-year increase of 9.50%. The net profit attributable to shareholders was -104 million yuan, a substantial reduction in losses compared to -338 million yuan in the same period last year [1]. - Focusing on its core business has yielded results, with Q3 2025 revenue of 956 million yuan, a 2.06% year-on-year increase. The net profit attributable to shareholders for Q3 was -30 million yuan, also a reduction in losses from -65 million yuan year-on-year [2]. - The company is strengthening its long-term competitive advantage by holding onto core assets, particularly in the domestic operating system market, where its subsidiary, Kylin Software, has maintained the top market share for 14 consecutive years [3]. Financial Performance Summary - For the first three quarters of 2025, Kylin Software generated 910 million yuan in revenue, a 16.09% increase year-on-year, with a net profit of 203 million yuan, up 39.74% year-on-year. In Q3 2025 alone, Kylin Software's net profit was 51 million yuan, reflecting a 104% year-on-year growth [2][3]. - The company has established a comprehensive cybersecurity market, research, and technical service system, leveraging its strengths in Kylin Software and other core assets to maintain industry leadership in operating systems and databases [4]. - The financial forecast for 2025-2027 estimates net profits attributable to shareholders at 127 million yuan, 261 million yuan, and 351 million yuan, respectively, with corresponding price-to-earnings ratios of 384X, 187X, and 139X [5][10].

Core Viewpoint - China Software's stock has shown a positive movement with a 1.28% increase, reaching a market capitalization of 48.585 billion yuan and a trading volume of 1.405 billion yuan on October 29 [1] Group 1: Company Overview - China Software and Technology Service Co., Ltd. was established on March 1, 1994, and listed on May 17, 2002. The company specializes in proprietary software products, industry solutions, and service-oriented businesses [7] - The revenue composition of the company includes 42.43% from industry solutions, 33.08% from proprietary software products, 23.86% from service-oriented businesses, and 0.63% from other sources [7] Group 2: Business Operations - The company possesses a complete business chain from operating systems and middleware to security products and application systems, covering critical sectors such as taxation, government, transportation, intellectual property, finance, and energy [2] - The company is the only enterprise with a Linux operating system and holds a 50% stake in Zhongbiao Software, which offers a range of products including server operating systems and virtualization software [2] - The company’s subsidiary, Kirin Software, is a significant contributor to the openEuler community, achieving notable success in community contributions and market presence [2] Group 3: Financial Performance - For the first half of 2025, the company reported a revenue of 2.242 billion yuan, reflecting a year-on-year growth of 13.01%. However, the net profit attributable to the parent company was a loss of 74.5263 million yuan, although this represented a 72.67% improvement compared to the previous year [8] - The company has distributed a total of 415 million yuan in dividends since its A-share listing, with 13.8956 million yuan distributed over the past three years [9] Group 4: Market Position and Shareholding - The company is categorized as a "中字头" stock, with its actual controller being a state-owned enterprise or central government agency [3] - As of June 30, 2025, the number of shareholders was 156,200, a decrease of 9.92% from the previous period, with an average of 5,401 circulating shares per person, an increase of 11.02% [8] - Major shareholders include Hong Kong Central Clearing Limited and Southern CSI 500 ETF, with notable increases in their holdings [9]