Group 1: Company Overview - The company is Shanghai Anuoqi Group Co., Ltd., with stock code 300067 [1] - The investor relations activity took place on November 7, 2025, in the company meeting room [2] Group 2: Business Operations - The core of the computing power service business will continue to be the "Zhixing Cloud" platform, focusing on platform-based and market-oriented operational models [2] - Future capital investments will primarily target the computing power AI digital sector, aiming for breakthrough development [2] Group 3: Financial Performance - The acquisition agreement with Gengcon Technology includes performance commitments, with a required revenue of at least 12 million yuan and a net profit of no less than 1 million yuan for 2025 [3] - Gengcon Technology achieved a revenue of 120 million yuan and a net profit exceeding 10 million yuan in the first half of 2025, indicating strong growth driven by the rapid increase in computing power services [3] Group 4: Shareholder Actions - The company has completed all disclosed share reduction plans, with no ongoing reduction plans at present [3] Group 5: Market Expansion - Currently, the company's operations are primarily domestic, with a small proportion of overseas business, but future expansion will be considered based on market conditions [3]

Core Viewpoint - The A-share market continues to exhibit a divergent pattern, with policy-driven sectors and increased demand for safe-haven assets being highlights, while external disturbances and adjustments in the technology sector underscore a cautious market sentiment [6]. Group 1: Index Performance - The A-share market showed continued index divergence, with the Shanghai Composite Index closing up 0.25% at 3299.76 points, successfully maintaining above the 3300-point mark; the Shenzhen Component Index fell 0.36% to 9870.05 points; and the ChiNext Index declined by 0.82% to 1928.43 points [2]. - The total trading volume of the two markets reached 1.09 trillion yuan, an increase of 48.6 billion yuan compared to the previous trading day, indicating sustained market activity [2]. Group 2: Sector Performance - Sectors with notable gains today exhibited clear policy-driven and safe-haven characteristics, with the supply and marketing cooperative concept rising by 4.28%, the unified market increasing by 4.13%, and cross-border payment up by 3.98% [3]. - The cross-border payment sector benefited from the "Shanghai International Financial Center Cross-Border Financial Service Facilitation Action Plan," with stocks like New Morning Technology hitting a 20% limit up [3]. - The gold and precious metals sector saw gains due to international gold prices surpassing $3500 per ounce, reflecting significant market demand for safe-haven assets [3]. - Conversely, the computing power and AI application sectors showed weakness, with stocks like Yingweike hitting a limit down due to profit-taking, indicating a withdrawal of funds from overvalued tech stocks [3]. - The consumer electronics sector was pressured by declines in U.S. tech stocks, with Luxshare Precision falling by 3%, reflecting broader market concerns regarding the tech industry's profitability and macroeconomic changes [3]. Group 3: Adjustment Drivers - The market's decline today was primarily driven by profit-taking pressures in previously high-performing tech growth sectors, particularly in computing power and AI applications, where a lack of new major positive stimuli led to a preference for cashing out [4]. - Uncertainties regarding macroeconomic data and policy expectations contributed to a cautious investment approach, despite some policies providing clear boosts to specific sectors [4]. - The influence of international markets, particularly fluctuations in U.S. tech stocks, exacerbated the divergence in the A-share market [4].