• 鸿蒙生态体系由 OpenHarmony 开源项目、华为 HarmonyOS 发行版和 中国软件国际鸿蒙 OS 发行版组成，三者互联互通，但应用场景有所侧重， 华为侧重消费和汽车领域，中软国际则侧重 ToB 市场，尤其关注安全性和 实时性。 • 鸿蒙操作系统在安全性方面领先，是首个通过公安部安全检测认证的操作 系统，内核通过 EAL5 级别形式化验证，高于主流操作系统的 EAL4 级别， 并具备分布式安全防御技术和域内安全传输技术。 • 鸿蒙操作系统是 AI 原生操作系统，通过软总线连接多个硬件设备形成超级 AI 代理，管理的物理设备可抽象成 AI 代理并与大模型调用，在 AI 技术应 用方面具有领先优势。 • 华为计划在 2025 年发布鸿蒙 5.0 操作系统，扩展应用生态至办公和企业 管理软件，如钉钉、飞信和腾讯会议等已鸿蒙化，并推出元服务，实现服 务找人，提升用户体验。 • 中昂国际与华为在鸿蒙生态展开合作，聚焦文旅行业，将景区小程序升级 为鸿蒙云服务，提供一站式出行体验，已上架近 7,000 款元服务，并计划 扩展至其他生活服务领域。 中国软件 20250511 摘要 Q&A 中国软件国际在鸿蒙生态 ...

Summary of Conference Call Records Company and Industry Involved - **Company**: Softcom Power (软通动力) - **Industry**: PC and AI Technology, Robotics Key Points and Arguments 1. **Upcoming Product Launch**: The HarmonyOS PC is expected to be released soon, coinciding with the Huawei Developer Conference (HDC2025) scheduled for June. The company is recognized as a rare player in the HarmonyOS integrated hardware and software market in China [1][2][4] 2. **Revenue Growth**: For 2024, the software and digital technology services segment is projected to generate revenue of 18.1 billion yuan, reflecting a year-on-year increase of 3%. The computing products and smart electronics segment is expected to achieve revenue of 12.9 billion yuan. In Q4 2024, PC shipments are anticipated to increase by 126% year-on-year, with the company holding the second-largest market share in China. The PC terminal business is the leading player in the government and education sectors [2][4] 3. **AI Collaborations**: The company has formed strategic partnerships for model applications with major players such as Huawei, Alibaba, Microsoft, Baidu, and ByteDance. In the infrastructure domain, it collaborates with Huawei Ascend to build an integrated AI ecosystem. The company has successfully implemented large models in sectors like insurance, retail, and healthcare [2][4] 4. **Robotics Initiatives**: In 2024, the company established the Softcom Tianqing Robotics Technology Co., Ltd. in Wuxi and has partnered with Zhiyuan Robotics to develop humanoid robots for general scenarios [2][4] 5. **Market Positioning**: The company is positioned to benefit significantly from the accelerated development of the HarmonyOS ecosystem, given its unique integrated hardware and software strategy [2][4] Other Important but Possibly Overlooked Content - **Competitor Insights**: The records also mention other companies in related sectors, such as: - **JACK Co.**: Reported a revenue of 1.79 billion yuan in Q1 2025, a year-on-year increase of 10.06%, with a net profit of 250 million yuan, up 30.76% year-on-year. The company is focusing on high-end AI sewing machines and humanoid robots [4] - **Yunsheng Electronics**: Achieved a Q1 revenue of 14.576 billion yuan, a year-on-year increase of 9.78%, with a net profit of 340 million yuan, reflecting a year-on-year increase of 11.08% [4] - **Market Risks**: The documents include a disclaimer about market risks and the need for independent judgment in investment decisions [5]

Core Insights - The report highlights a selection of stocks for May, including companies like SF Holding and Guizhou Moutai, indicating potential investment opportunities in various sectors [1] Industry Overview - The pharmaceutical industry faced challenges in 2024 and Q1 2025, with a slight decrease in revenue and net profit. However, R&D expenses continue to rise, and the impact of centralized procurement and anti-corruption measures is gradually weakening, suggesting a potential recovery in revenue and profit as innovative products are launched [2][7][8] - In 2024, the pharmaceutical sector's total revenue was CNY 2.47 trillion, down 1.53% year-on-year, with a net profit of CNY 122.83 billion, down 8.07%. In Q1 2025, revenue was CNY 603.70 billion, down 6.14%, and net profit was CNY 42.82 billion, down 15.66% [8][9] Company Performance - Anji Technology reported a revenue of CNY 1.835 billion in 2024, a year-on-year increase of 48.24%, with a net profit of CNY 534 million, up 32.51%. In Q4 2024, revenue reached CNY 523 million, up 53.90% year-on-year [3][12] - Foxit Software achieved a revenue of CNY 711 million in 2024, a 16.44% increase, and turned a profit with a net income of CNY 27 million. The company’s subscription business showed strong growth, with an annual recurring revenue (ARR) of CNY 411 million, up 64.42% [17][18] Market Trends - The semiconductor CMP polishing materials market is projected to grow, with Anji Technology increasing its global market share from approximately 7% to 11% over three years. The global market size for CMP polishing materials is expected to reach USD 4.4 billion by 2028, with a CAGR of 5.6% from 2024 to 2028 [14] - The functional wet electronic chemicals segment saw a revenue increase of 78.91% in 2024, indicating strong demand and market expansion [15] R&D and Innovation - The pharmaceutical sector's R&D expenditure reached CNY 138.33 billion in 2024, a 1.25% increase from 2023, with significant investments in chemical pharmaceuticals and medical consumables [10] - Foxit Software's dual transformation strategy focusing on subscription and channel prioritization has shown positive results, with a notable increase in subscription revenue contributing to overall growth [17][19]

Group 1: Collaboration with Huawei - The company has collaborated with Huawei since 2013, launching over 30 fintech solutions covering core areas such as credit, data, regulation, and cloud services, implemented in over 20 major commercial banks [2][3] - In 2025, the company received multiple awards from Huawei, including the "2024 Annual Outstanding ISV Cooperation Award" and "Industry Excellence Contribution Award - Financial Industry" [3] - A cooperation agreement was signed with Huawei focusing on the native application development of HarmonyOS NEXT in financial business scenarios [3][4] Group 2: AI Projects and Business Model - The company has actively responded to the needs of various banks and non-bank clients, helping dozens of clients identify and explore scenario requirements, and advancing POC testing and case implementations [5][6] - The data AI product, ChatBI, successfully landed in several city commercial banks in Q1, adopting a License fee model, which supports the sustainable development of the company's AI business [5][6] - AI marketing products have also been successfully implemented in a major commercial bank branch, demonstrating positive feedback and a significant impact [6][7] Group 3: Client Acceptance and Investment in AI - The development of large models has reduced the cost for clients to utilize them, leading to increased investment in AI, particularly in areas closely related to business operations [7] - Clients are now focusing on the value enhancement and efficiency improvements that technology brings to their business, seeking partnerships with fintech suppliers to achieve these goals [7] Group 4: Overseas Market Progress - In Q1, the company successfully secured a European client, showcasing its competitive capabilities in the international market [8] - The overseas banking market faces a comprehensive upgrade demand for traditional IT architectures, presenting significant market opportunities for new technology enterprises [8] - The company plans to leverage a dual-track strategy of "system upgrades + scenario finance" to penetrate overseas markets, empowering traditional banks and connecting with emerging financial service needs [8]

谈及鸿蒙发展，何刚强调，鸿蒙不仅是操作系统，更是充满无限可能的创新生态，每位开发者都是改变世界的种子。鸿蒙秉持开放理念，需众人共同努力， 汇聚力量，期待更多高校学子体验并加入鸿蒙生态，共同开拓创新天地。 为深化同学们对HarmonyOS 5的认知与实践体验，本次活动还设置了主题沙龙，邀请了学生代表与华为多位专家，针对鸿蒙领域相关问题展开深度交流对 话。一方面，学生们通过与行业专家的交流互动，更能精准把握行业发展趋势与方向。另一方面，华为也借此契机，了解学生群体对产品的反馈和建议，助 力优化产品和服务体验。 2025年5月9日，鸿蒙校园公开课在西安电子科技大学成功举办，华为终端CEO何刚作为主讲嘉宾，回到母校与现场400余名师生分享鸿蒙研发背景、技术内 核及生态突破进展。西安电子科技大学党委书记任小龙会见何刚校友，副校长刘宏伟出席本次活动。 据了解，截至目前鸿蒙生态设备已超10亿台，注册开发者达720万人，覆盖手机、平板、智慧屏、鸿蒙座舱、智能穿戴、鸿蒙智联等多终端领域，打造繁荣 的鸿蒙生态花园。何刚表示，今年是鸿蒙生态快速成熟的关键一年，鸿蒙开发人才需求激增，华为将全力以赴服务、支持开发者，携手共建共享全新鸿 ...

Group 1 - The implementation of the Private Economy Promotion Law is set to begin on May 20, 2025, which aims to support the healthy development of the private economy in China through measures related to investment financing, technological innovation, service guarantees, and rights protection [2] - The trade agreement between the United States and the United Kingdom includes concessions on U.S. tariffs on British cars and a reduction in U.K. tariffs on U.S. agricultural products, which is expected to lower global trade uncertainties [2] - Tianjin has introduced a computing power voucher policy to support the purchase of intelligent computing or supercomputing services, providing a subsidy of 10% of the contract amount, with a cap of 2 million yuan per enterprise annually, which is anticipated to accelerate regional computing infrastructure development [3] Group 2 - In April, the retail sales of passenger cars in China reached 1.791 million units, a year-on-year increase of 17%, indicating stable growth driven by vehicle replacement policies, which may boost demand for automotive parts [3] - Huawei's launch of the Harmony OS PC is part of its strategy to create a fully interconnected ecosystem, which could reshape the global operating system market as the Harmony ecosystem continues to evolve [3] - OpenAI plans to expand its $500 billion U.S. data center project "Star Gate" overseas, aiming to enhance AI infrastructure, driven by high demand for computing power and increased capital expenditures from domestic and international internet companies [4] Group 3 - The A-share market has a total market capitalization of 87.17 trillion yuan, with a year-to-date increase of 1.31 trillion yuan, and a price-to-earnings ratio (PE) of 19.00x [13] - The top three performing sectors are defense and military, automotive, and electric power equipment, indicating strong sectoral performance [17] - The net inflow of funds on a particular day was highest in the communication, banking, and defense sectors, reflecting investor interest in these areas [19]

华为终端全面进入鸿蒙时代 据介绍，历经五年布局，持续构筑鸿蒙办公新体验，鸿蒙电脑搭载了HarmonyOS 5，采用鸿蒙内核，带 来精致、智能、安全、流畅、互联的体验；鸿蒙电脑从内核开始重构操作系统，构筑鸿蒙办公新体验。 这也是首个从操作系统内核开始重构的国产电脑。 华为在沟通会上部分展示了鸿蒙电脑的技术亮点。智能方面，鸿蒙电脑实现了AI能力与底层硬件、操 作系统、软件应用的融合，支持一句话完成PPT创作、从全盘文档中摘取信息并总结、撰写会议纪要、 一键进行电脑设置等AI功能。 新华财经北京5月8日电（王媛媛） 5月8日，鸿蒙电脑技术与生态沟通发布会在深圳举行，鸿蒙电脑在 此次大会正式亮相。 据悉，鸿蒙电脑搭载了HarmonyOS 5，采用鸿蒙内核，从内核开始重构操作系统，并实现了AI能力与底 层硬件、操作系统、软件应用的深度融合，构筑鸿蒙办公新体验。根据安排，鸿蒙电脑将于5月19日正 式对外发布。 分析指出，鉴于华为的市场号召力以及生态系统的强大，鸿蒙电脑的问世将为AI PC领域的国产软硬件 创新带来全新发展机会和成长土壤。 华为终端BG平板与PC产品线总裁朱懂东表示，头部150个专属应用已经启动开发，300 ...

Summary of the Conference Call on HarmonyOS PC Industry and Company Overview - The conference call discusses the current status and future plans of Huawei's HarmonyOS, particularly focusing on the newly launched HarmonyOS PC, which aims to reshape the 1+8+n ecosystem and address previous gaps caused by chip and licensing issues [1][2]. Key Points and Arguments - **Ecosystem Integration**: HarmonyOS PC is designed to complete the ecosystem by integrating various devices, including smartphones, tablets, wearables, and now PCs, creating a closed-loop system [2]. - **Software Compatibility**: The initial focus is on compatibility with Windows design software like PS and CAD, with a long-term goal of establishing a fully closed and pure ecosystem [1][4]. - **Software Adaptation Speed**: The speed of software adaptation is influenced by planning, software complexity, and collaboration with manufacturers. Basic applications adapt quickly, while games and design applications take longer [5]. - **Developer Incentives**: By the end of 2025, Huawei plans to restart developer incentive policies to boost software adaptation and enhance market competitiveness [1][6]. - **Current Software Adaptation**: As of now, approximately 35 software applications have been adapted for HarmonyOS PC, primarily focusing on light office and social applications [7]. - **Future Goals**: The goal is to increase the number of adapted applications to around 200 by the end of 2025 and achieve compatibility with software used by over a million users by the second quarter of 2026 [8][9]. Additional Important Content - **Market Focus**: HarmonyOS PC primarily targets the ToB (business) and ToG (government) markets, with a sales target of 300,000 units for 2025, despite high initial pricing [3][10]. - **Production Challenges**: Current challenges include hardware firmware updates, BOM configuration integration, and production capacity, necessitating partnerships with external manufacturers [11][12]. - **Profit Margins**: The expected profit margin for PC manufacturing is slightly higher than that of GPU servers, with margins around 10% for PCs [13]. - **Open Source Strategy**: The open-source version of HarmonyOS is aimed at becoming a universal operating system, while the proprietary version is led by Huawei for various devices [14]. - **Competitive Landscape**: The market share forecast indicates HarmonyOS could reach 30% within three years, with a goal to surpass iOS but still needing support to compete with Android [16]. - **Technical Advantages**: HarmonyOS offers several technical advantages over Android, including better performance on less powerful hardware and a developer-friendly ecosystem [17]. - **Consumer Market Readiness**: The consumer market for HarmonyOS PC is expected to mature by the end of 2026, with significant recognition anticipated if progress is steady [25]. This summary encapsulates the essential insights from the conference call regarding Huawei's HarmonyOS PC, its ecosystem integration, software adaptation strategies, market focus, and competitive positioning.

Group 1: Company Overview and Performance - The company, Shenzhen Fabon Information Technology Co., Ltd., is actively involved in the Harmony ecosystem, with over 1,000 certified software developers and a sales team of over 200 [2][4] - In 2024, the company achieved significant progress in the Harmony ecosystem, securing multi-million dollar orders across various industries, including banking and automotive [2][3] - The company's R&D capitalization rate increased from 0.95% in 2023 to 5.7% in 2024, indicating a strong focus on innovation and technology development [4] Group 2: Automotive Intelligence Business - The company has established partnerships with over 70 automotive manufacturers, including SAIC and Geely, enhancing its brand influence and project experience [3] - It has developed the FarCarOS intelligent cockpit platform, which is compatible with domestic chips, supporting its competitive edge in the automotive sector [3] - The company offers comprehensive testing services, covering key areas such as intelligent driving and vehicle integration, which improves product launch efficiency [3] Group 3: AI and Innovation - The company has formed partnerships with major AI firms and established an AI laboratory with Harbin Institute of Technology, focusing on core technology innovation [4] - It has developed several AI products, including FarAIGPTCoder and FarAI GPTBrain, and holds over 572 software copyrights and 30 patents [4] - The company’s AI platform has been applied in various industries, significantly enhancing software development efficiency and quality [6] Group 4: International Expansion and ESG Initiatives - The company is expanding its international market presence, focusing on Europe, Southeast Asia, and countries along the Belt and Road Initiative [7] - It has implemented an ESG management system and published its first ESG report in April 2025, demonstrating its commitment to sustainable development [8] Group 5: Financial Performance and Future Outlook - The company reported a decrease in net profit in Q1 2025 due to increased sales and management expenses aimed at market share expansion [8] - Future strategies include focusing on industry value clients and enhancing operational management to achieve sustainable growth [8]

【导读】鸿蒙电脑技术与生态沟通会举办，首款鸿蒙电脑亮相，产品发布会定档5月19日 中国基金报记者 张燕北 鸿蒙生态迎来新的里程碑。作为原生鸿蒙生态系统最后一块拼图，鸿蒙电脑正式亮相！ 同时，应用开发还在持续加速，Top150+专属生态应用已全部启动开发，融合生态应用已完成适配 300+，同时已支持超过1000款外设，包括800+标准外设等。 5月8日上午， 鸿蒙电脑技术与生态沟通会在深圳举行，华为首款鸿蒙电脑多项核心技术与创新功能正 式公开。 据透露， 鸿蒙电脑产品发布会将于5月19日召开，届时鸿蒙电脑将正式发布，标志着华为"1+8+N"全场 景生态的进一步完善，华为终端全面进入鸿蒙时代。 重构操作系统 鸿蒙电脑五年布局积累超2700项专利 华为鸿蒙OS终于来到电脑端。 华为终端平板与PC线总裁朱懂东介绍，鸿蒙电脑历经五年布局，集结10000多名顶尖工程师，联合20多 家研究所，积累超2700项核心专利。 据介绍，鸿蒙电脑从内核开始重构操作系统，搭载了HarmonyOS 5，带来精致、智能、安全、流畅、互 联的体验。 目前，鸿蒙电脑应用已覆盖多个垂域，满足基本办公及核心场景使用需求。 依托分布式软总线技术 支 ...