证券代码：002090 证券简称：金智科技 江苏金智科技股份有限公司投资者关系活动记录表 编号：2026-001 1 | | 2、公司新股东进来后的考虑和规划？ | | --- | --- | | | 回复：公司控制权变更事项完成后，目前控股股东变更为南京 | | | 智迪，南京智迪与浙江智勇为一致行动人，合计持有公司 16.01% | | | 的股份。新股东进来后，将在保持公司主营业务稳定发展的基础上， | | | 坚持内生式增长与外延式并购相结合，促进公司高质量发展，持续 | | | 提升公司价值。 | | | 3、公司调整组织架构的考虑？ | | | 回复：2025 年 12 月，公司完成了董事会的换届选举及高级管 | | | 理人员等相关人员的选聘，并结合公司业务发展需要，优化公司内 | | | 部组织运行机制，对组织架构进行了调整。本次组织架构调整，强 | | | 化了各职能中心在上市公司总部的管理职能，有利于进一步提高公 | | | 司管理水平和运营效率；同时，增设了投融资中心、金智上海中心， | | | 加强了公司在投融资及市场拓展领域的资源配置。 | | 附件清单（如有） | 无 | | 日期 ...

Core Insights - The article highlights Guangzhou's initiative to launch the "Yangcheng Skills Station" training program aimed at enhancing employment opportunities through skill development and industry-education integration [1] Group 1: Program Overview - The "Yangcheng Skills Station" offers nearly 200 public courses focusing on key areas such as digital economy, livelihood services, and intelligent manufacturing [1] - The program is designed to assist various groups including unemployed individuals, migrant workers, college graduates, veterans, and those facing employment difficulties [1] Group 2: Training Structure - Most courses are free, with some certification classes available for a fee, allowing participants to apply for subsidies upon successful certification [1] - The training adopts a blended learning approach, combining online theoretical learning with offline practical training, and offers flexible scheduling options such as weekend and evening classes [1] Group 3: Technological Integration - Certain training sites provide digital resources like live streaming courses and VR simulation training to cater to diverse learning needs [1]

Group 1 - The core viewpoint is that traditional manufacturing companies in China are the ones realizing performance amidst the global tech market surge, with the future bull market in China relying on physical assets and manufacturing capacity value [1] - Recommended investment sectors include upstream resources (copper, aluminum, lithium, oil, coal) benefiting from potential increases in physical asset consumption and midstream industries like basic chemicals and steel as PPI rebounds [1] - Domestic sectors such as food and beverage, aviation, and apparel are expected to benefit from price stabilization and recovery in domestic demand [1] Group 2 - The introduction of commercial real estate REITs is expected to accelerate market expansion, with 12 consumer REITs currently listed, benefiting from ample inventory and simplified regulations [3] - AI PCB copper powder materials are entering a prosperous cycle, with the copper powder industry expected to see rapid profit growth due to increased usage in PCB production [3] - The copper powder's processing fee is projected to significantly increase, as its usage in PCB production is expected to rise from 15% to over 27% by 2029 [3] Group 3 - Insurance capital has shown a strong interest in equity stakes, with 39 instances of shareholding this year, primarily favoring high-dividend stocks in banking, infrastructure, and logistics [5] - The liquid cooling market for data centers is projected to reach $21.8 billion by 2027, driven by increased efficiency and lower power usage effectiveness (PUE) [5] - Domestic manufacturers are expected to benefit from the rising demand for liquid cooling solutions in AI servers, with a focus on those capable of mass production of core components [5] Group 4 - The Shanghai Composite Index is experiencing a primary upward trend, with financial stocks driving market gains and trading volumes exceeding 3 trillion yuan [11] - Various style indices have adjusted, with cyclical and growth sectors experiencing notable corrections due to recent rapid increases and external market influences [11] - The growth sector is seeing a reduction in momentum for further adjustments, with a focus on sectors benefiting from domestic demand policies such as machinery, home appliances, and consumer electronics [11]

Group 1 - The economic and financial cycles are currently in a phase of upward resonance, with the second inventory cycle entering a proactive replenishment stage, likely transitioning to a destocking phase in major economies by 2026 [11] - The recommended asset allocation for 2026 is A-shares > Chinese bonds, US bonds > US stocks, as the stabilization of overall A-share corporate earnings supports further recovery [11] - The cumulative profit growth for all A non-financial companies in 2025 is expected to be in the range of 2.4%-5.5%, indicating a continued trend of profit recovery that will underpin the upward movement of the equity market [15][16] Group 2 - The current A-share environment is compared to the 2013-2014 period, highlighting similarities in macroeconomic conditions and structural trends, with a focus on technology and consumption sectors [27] - The technology sector is expected to continue contributing significant profit increments, particularly in the AI industry chain, which remains robust in demand [45] - The report suggests focusing on sectors such as electronics, media, innovative pharmaceuticals, non-ferrous metals, and new energy, which are expected to outperform in 2026 due to various driving factors [48]

Core Viewpoint - The China Development Bank (CDB) aims to support high-quality Belt and Road Initiative (BRI) projects by providing over 290 billion RMB in funding for infrastructure, industrial cooperation, and trade in 2025, showcasing its commitment to financial support for participating countries [1][3]. Group 1: Financial Support and Investment - In 2025, CDB will focus on infrastructure connectivity, international industrial cooperation, trade, and financial collaboration, utilizing a variety of financial products such as RMB financing windows and special loans for the BRI [1][3]. - CDB's funding for the BRI includes a special loan of 30 billion RMB for the China-Europe Railway Express, aimed at enhancing operational efficiency and infrastructure [3]. - The CDB's subsidiary, the China-Africa Development Fund, will contribute 8.39 billion RMB to support African industrialization, facilitating 20.39 billion RMB in investments from Chinese companies, both figures representing historical highs [3]. Group 2: Support for Foreign Trade - CDB has established a special fund to support foreign trade amidst a complex international trade environment, focusing on new business models and addressing the financing challenges faced by small and micro foreign trade enterprises [3][4]. - The bank has supported over 10,000 small and micro foreign trade enterprises in 2025, alleviating their financing difficulties and contributing to the stability of foreign trade [3]. Group 3: Future Directions - CDB plans to continue leveraging its comprehensive financial services to enhance cooperation in traditional infrastructure while expanding into emerging areas like green finance and digital economy [4]. - The bank's significant funding in 2025 reflects its commitment to national strategies and the transition of the BRI towards a balanced development of hard and soft connectivity [4].

Group 1 - The Tianjin municipal government is implementing policies to promote high-quality and full employment, with a focus on establishing 130 employment service stations by 2025 to provide public employment services [1][3] - The city plans to organize 916 specialized recruitment events throughout the year, aiming to collect 71,000 job positions and successfully assist 9,451 workers in finding employment [1][3] Group 2 - The Tianjin Development and Reform Commission aims to expand employment opportunities in digital economy, green industries, health care, and domestic services, while promoting the healthy and regulated development of platform economy and flexible employment [3] - The city will focus on developing renewable energy, recycling, and energy-saving industries to increase green job opportunities and explore low-altitude economic applications to create related job positions [3] - The Tianjin Education Commission will implement various recruitment actions throughout the year, emphasizing collaboration with key enterprises and organizations to enhance job matching for graduates [3] - The Tianjin Industrial and Information Technology Bureau will support the growth of quality small and medium-sized enterprises in manufacturing, aiming to enhance the scale and capability of market entities and create high-quality employment opportunities [3]

Group 1 - The core viewpoint of the news is that Tongyou Technology has shown a positive stock performance with a year-to-date increase of 11.25% and a recent trading increase of 2.02% [1] - As of January 14, the stock price reached 20.18 yuan per share, with a total market capitalization of 9.672 billion yuan [1] - The company has a significant focus on data storage, data protection, and disaster recovery, with its main business revenue composition being 56.11% from storage systems and 43.89% from solid-state storage [1] Group 2 - As of September 30, the number of shareholders for Tongyou Technology decreased by 5.06% to 47,100, while the average circulating shares per person increased by 5.33% to 7,831 shares [2] - For the period from January to September 2025, the company achieved an operating income of 327 million yuan, representing a year-on-year growth of 7.73%, but the net profit attributable to shareholders decreased by 70.37% to 9.2878 million yuan [2] - The company has distributed a total of 66.8861 million yuan in dividends since its A-share listing, with no dividends paid in the last three years [3]

Group 1 - The stock price of Global Printing increased by 2.38% on January 14, reaching 9.91 CNY per share, with a total market capitalization of 3.172 billion CNY [1] - The company has seen a year-to-date stock price increase of 16.18%, with a 13.39% rise over the last five trading days and an 18.97% increase over the last 60 days [1] - Global Printing's main business involves the design, production, and sales of pharmaceutical packaging products, contributing 48.31% to its revenue, followed by printing supply chain business at 35.90% and internet digital marketing at 15.04% [1] Group 2 - As of September 30, the number of shareholders for Global Printing decreased by 1.37% to 23,800, while the average circulating shares per person increased by 1.39% to 13,435 shares [2] - For the period from January to September 2025, Global Printing reported a revenue of 619 million CNY, a decrease of 44.12% year-on-year, and a net profit attributable to shareholders of -20.06 million CNY, down 173.05% [2] - The company has distributed a total of 72.57 million CNY in dividends since its A-share listing, with 17.92 million CNY distributed over the last three years [3]

Group 1 - The core viewpoint of the news is that Siter Technology has shown a significant increase in stock price and trading activity, indicating positive market sentiment [1] - As of January 14, Siter Technology's stock price rose by 2.00% to 12.75 CNY per share, with a total market capitalization of 4.223 billion CNY [1] - The company has experienced a year-to-date stock price increase of 15.18%, with a 13.54% rise over the last five trading days [1] Group 2 - Siter Technology's main business involves providing comprehensive solutions for telecom operators, including customer relationship management, big data, billing, and mobile internet services [1] - The revenue composition of Siter Technology is as follows: CRM 46.97%, Billing 19.51%, Cloud Computing 16.84%, and Big Data 16.68% [1] - As of September 30, the number of shareholders increased to 29,100, with an average of 9,896 circulating shares per person [2] Group 3 - For the period from January to September 2025, Siter Technology reported a revenue of 240 million CNY, a year-on-year decrease of 25.48%, and a net profit attributable to shareholders of -177 million CNY, a decrease of 14.12% [2] - Since its A-share listing, Siter Technology has distributed a total of 121 million CNY in dividends, with 5.9229 million CNY distributed in the last three years [3]

Group 1 - The core viewpoint of the news is that Guolian Co., Ltd. experienced a stock price increase of 5.2%, reaching 30.98 yuan per share, with a trading volume of 334 million yuan and a turnover rate of 1.53%, resulting in a total market capitalization of 22.322 billion yuan [1] - Guolian Co., Ltd. was established on September 6, 2002, and went public on July 30, 2019. The company is headquartered in Beijing and its main business includes membership services, exhibition services, industry information services, agency services, and financial services [1] - The revenue composition of Guolian Co., Ltd. is primarily from online commodity trading, accounting for 99.76%, followed by commercial information services at 0.13%, internet technology services at 0.10%, and other services at 0.01% [1] Group 2 - From the perspective of the top ten circulating shareholders, a fund under Southern Fund ranks among the top shareholders of Guolian Co., Ltd. The Southern CSI 1000 ETF (512100) entered the top ten shareholders in the third quarter, holding 4.6099 million shares, which represents 0.64% of the circulating shares [2] - The Southern CSI 1000 ETF (512100) was established on September 29, 2016, with a latest scale of 76.63 billion yuan. Year-to-date, it has achieved a return of 8.02%, ranking 1352 out of 5520 in its category; over the past year, it has returned 49.62%, ranking 1555 out of 4203; and since inception, it has returned 23.54% [2]