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]

Core Insights - Jiangsu Runhe Software Co., Ltd. reported a revenue of 2.719 billion yuan for the first three quarters of 2025, representing a year-on-year growth of 12.86% [2] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 62.1493 million yuan, showing a year-on-year increase of 26.88% [2] Group 1: Business Focus and Strategy - The company is deeply engaged in the next-generation information technology sector, integrating advanced technologies with industry applications to enhance its core competitiveness and innovation drive [2] - Runhe Software is focusing on domestic operating systems and core artificial intelligence technologies, developing integrated software and hardware products and solutions [2] - The company has established a full lifecycle software service system to empower industrial upgrades [2] Group 2: Innovation and Industry Empowerment - Runhe Software is pursuing innovation along two main lines: localization and intelligence, with localization efforts including open-source Hongmeng and open-source Euler businesses, while intelligence focuses primarily on AI [2][3] - The company is committed to commercial implementation, concentrating on key sectors and expanding its industry empowerment capabilities, currently serving finance, energy, healthcare, and education sectors [2] Group 3: Specific Business Areas - In the open-source Hongmeng field, Runhe Software aims to deepen its presence in existing industries while broadening its empowerment capabilities both horizontally and vertically [3] - In the open-source Euler domain, the company adopts a differentiated competition strategy, providing customized versions based on industry characteristics and client needs, leveraging its experience in finance and electricity [3] - In the AI sector, Runhe Software is building a comprehensive technical system covering AI chips, servers, operating systems, and full-stack AI platforms, offering end-to-end large model solutions for industries like finance, energy, and retail [3]

Group 1 - The core viewpoint is that Dongfang Zhongke (002819.SZ) is actively involved in providing solutions for domestic operating systems through its subsidiary Zhongke Honglue, focusing on the Harmony operating system [2][3] - Zhongke Honglue offers specialized software design and development for the Harmony operating system, catering to various hardware including tablets, smartphones, handheld devices, and PCs [2]

Core Insights - Huawei officially launched HarmonyOS 6 on October 22, marking a significant milestone in the development of China's first homegrown mobile operating system [1][3] - The number of devices running the previous version, HarmonyOS 5, has exceeded 23 million, indicating strong adoption [1] - The new operating system features enhancements in smoothness, intelligence, and cross-device collaboration, utilizing a new architecture called "Star River Interconnection" [1][2] Summary by Sections HarmonyOS 6 Evolution - HarmonyOS 6 has achieved comprehensive upgrades in terms of performance and user experience, with a 15% performance improvement across various device categories [1][2] - The system supports over 60 applications with a "tap-to-connect" feature, enhancing cross-device functionality [1] Security Enhancements - The upgraded "Star Shield" security architecture has innovated security measures from the core to the application level, with 99% of HarmonyOS applications expected to support a unique security access mechanism by September 2025 [2] - HarmonyOS has intercepted over 24 billion unreasonable permission requests, showcasing its commitment to user security [2] Ecosystem Development - The ecosystem has transitioned from "broad adaptation" to "deep co-creation," with over 8 million developers engaged and more than 9,000 applications participating in system-level innovations [3] - Major internet applications from Tencent, Alibaba, and ByteDance have adapted to HarmonyOS, enhancing user experiences with unique features [2][3] - The launch of initiatives like the "Harmony Thousand Sails Program" is attracting global developers, further enriching the ecosystem [3] Industry Impact - The release of HarmonyOS 6 is seen as a critical juncture in the independent development of domestic operating systems, with potential implications for the global operating system competitive landscape [3]

Core Insights - The official release of HarmonyOS 6 marks a significant evolution of the domestic operating system from usability to enhanced functionality, with Huawei and its ecosystem partners moving towards deep collaboration and joint innovation [2][8] Group 1: Key Features of HarmonyOS 6 - HarmonyOS 6 introduces cross-ecosystem connectivity, allowing data transfer between Huawei devices and Apple devices without the need for data flow, enhancing data mobility [2] - A growing number of applications are launching new features or debuting on HarmonyOS 6, including high-precision AR from JD.com and real-time weather updates from Qunar [2][3] - The integration of AI is comprehensive, with over 80 HarmonyOS applications now featuring intelligent agents that assist users in various tasks, marking a shift from traditional app interactions to natural language communication [3][5] Group 2: Ecosystem Growth and User Engagement - The HarmonyOS ecosystem is rapidly expanding, with over 23 million devices running HarmonyOS 5, making it the fastest-growing operating system in smart terminal history [5][7] - The upgrade to HarmonyOS 6 is set to roll out to over 90 models starting October 22, indicating a broad commitment to ecosystem development [9] - User feedback has been pivotal in shaping the ecosystem, with over 2 million user suggestions contributing to the ongoing improvement of HarmonyOS [8]

Core Viewpoint - The release of HarmonyOS 6 marks a significant evolution of the domestic operating system, transitioning from mere usability to enhanced functionality through deep collaboration and innovation with ecosystem partners [3][4]. Group 1: Key Changes in HarmonyOS 6 - HarmonyOS 6 introduces four major changes, including an increasing number of applications launching new features exclusively on this platform, such as high-precision AR from JD.com and real-time weather updates from Qunar [5]. - AI integration is comprehensive, with over 80 smart applications launched, enabling users to interact through natural language and perform tasks like travel planning and food ordering [5][7]. - The growth of the HarmonyOS ecosystem is accelerating, with over 23 million devices running HarmonyOS 5, showcasing rapid market adoption [7]. - Upgrades in features such as multi-sharing and privacy protection enhance user experience, with applications like DingTalk and Huaxia Bank supporting new privacy functionalities [9]. Group 2: Ecosystem Development - HarmonyOS 6 builds on the foundation laid by HarmonyOS 5, focusing on enhancing the quality and richness of the software ecosystem and fostering closer collaboration with hardware manufacturers [10]. - The operating system's evolution is driven by user feedback, with over 2 million user suggestions contributing to its development [10]. - The upgrade for HarmonyOS 6 will be rolled out to over 90 models starting from October 22 [11].

Core Insights - Huawei's HarmonyOS 6 has achieved significant milestones, with over 23 million devices activated, marking a transition from quantity growth to quality enhancement in its ecosystem [1][2] - The new operating system emphasizes improved user experience, characterized by better aesthetics, functionality, intelligence, security, and fluidity [1][3] - HarmonyOS is positioned as a third option in the global mobile operating system landscape, breaking the dominance of Android and iOS [3][4] Ecosystem Development - HarmonyOS has grown from zero to over 23 million devices, with a rapid increase in activation rates, indicating strong market acceptance [2][3] - The operating system has captured 17% of the Chinese smartphone market, maintaining its position as the second-largest OS in the country [3] - The ecosystem has expanded to cover 1 billion devices, with over 8 million developers and 30,000 applications in development, showcasing exponential growth [7][8] Technological Advancements - HarmonyOS 6 introduces the HarmonyOS Intelligent Agent Framework (HMAF), which lowers development barriers for third-party applications and enhances cross-service collaboration [4][5] - The system's performance has improved significantly, with a 15% increase in efficiency and a 35-minute extension in battery life, enhancing user experience in high-load scenarios [5][6] - AI capabilities have been integrated into core applications, allowing for advanced functionalities such as intelligent photo editing and natural language processing [8] Future Outlook - Huawei aims to have 100,000 applications by 2025 as a benchmark for ecosystem maturity, with ongoing investments in development tools and APIs [8] - The company is focused on balancing speed and quality in application development, responding to user feedback to enhance the overall experience [8]

Group 1 - The core point of the article is the launch of HarmonyOS 5 by Huawei, marking it as the fastest-growing operating system in the history of smart terminals with over 23 million devices [1][3] - HarmonyOS 5 is recognized as China's first domestic mobile operating system and the third-largest mobile operating system globally, competing with iOS and Android [3] - The operating system has achieved significant growth in terminal devices, surpassing 10 million on July 30, 12 million on August 25, and 20 million on September 29 [4] Group 2 - Huawei's Executive Director and Chairman of the Terminal BG, Yu Chengdong, expressed gratitude for user feedback and the 2 million wish lists submitted [1] - HarmonyOS 5 features comprehensive breakthroughs in core technologies, including self-developed innovations in kernel, database, programming languages, and AI models, ensuring the autonomy and controllability of the domestic operating system [3]

Core Insights - The "Open Source Harmony Digital Intelligence Pujiang" conference aims to promote the integration of open-source Harmony with local economic development and explore its role in the digital transformation of county industries [1][2] - The conference highlights the increasing importance of operating systems and foundational software as the core value in the digital economy, emphasizing the shift from technological breakthroughs to ecological prosperity for domestic operating systems [1] - Pujiang County is one of the early adopters of open-source Harmony, establishing a comprehensive IoT foundation across various sectors including industry, healthcare, education, transportation, and governance [1] - The opening of the Open Source Harmony (Jinhua) Application Innovation Demonstration Center and the release of local industrial policies signify a commitment to fostering an ecosystem for open-source Harmony [1] Industry Developments - The local government plans to embrace the wave of artificial intelligence, focusing on application-driven innovation and ecosystem cultivation to accelerate the development of the entire industry chain from chips to application scenarios [2] - A three-in-one model is proposed, combining governance innovation, industrial incubation, and ecological collaboration to position Pujiang as an "Open Source Harmony Ecological Demonstration County" [2]

Core Insights - Huawei's HarmonyOS has achieved a significant milestone with over 20 million terminal devices as of September 29, 2025, marking a new phase in its ecosystem development [1] - The growth rate of HarmonyOS has accelerated, reaching 10 million devices in just two months after the previous milestone, indicating increased demand from users and developers [4][6] Group 1: Ecosystem Development - The 20 million device count reflects the successful market validation of the domestic operating system between consumers and developers [4] - Major applications from Tencent and Alibaba, as well as partnerships with China UnionPay and China Mobile, are increasingly adapting to the HarmonyOS ecosystem, enhancing user experience [4][6] - The launch of promotional initiatives, such as the "HarmonyOS Special Edition," aims to strengthen user engagement and loyalty within the ecosystem [5] Group 2: Market Position and Growth - The achievement of 20 million devices signifies that HarmonyOS has moved past its early exploratory phase, entering a larger market testing stage with improved system stability and user experience [6] - Huawei's smartphone market share reached 18.1% in Q2 2025, leading the Chinese market, which has contributed to the growth of the HarmonyOS ecosystem [6] - The application ecosystem has expanded rapidly, with over 30,000 applications and more than 9,000 applications participating in system-level innovations [6] Group 3: Future Challenges and Opportunities - Despite the growth, HarmonyOS faces challenges related to application compatibility, cross-platform connectivity, and developer revenue distribution as its user base expands [8] - The ongoing support from local governments and the commitment of developers to the HarmonyOS platform indicate a strong potential for future growth [8] - The evolution of HarmonyOS represents a breakthrough in market validation, technological innovation, and ecosystem collaboration for China's self-developed operating systems [8]