公司于2026年1月宣布拟进行折价配股，预计净筹资约3.1亿港元。根据计划，所筹资金中约50%将用于 研发投入，以增强技术能力及产品创新水平。 经济观察网根据截至2026年2月11日的公开信息，声通科技(02495.HK)有以下值得关注的事件动态： 合同最新进展 近日，声通科技宣布中标四川省内江市的"川南智谷人工智能垂直大模型创新平台-银发经济建设及运营 项目"，项目总金额近3亿元人民币。该"AI+养老"大单是公司近期股价表现的重要催化因素。 资金动向 以上内容基于公开资料整理，不构成投资建议。 最近业绩情况 根据公司公告，声通科技在2025年上半年实现了业绩扭亏为盈，收入为4.79亿元人民币，同比增长 29%；公司权益股东应占利润为7472.3万元，相比2024年同期的净亏损有大幅改善。此外，公司预计 2025年全年净利润将不低于5000万元，显示出持续的盈利向好趋势。 股东人数情况 公开资料显示，公司股东杨晓源在2025年12月23日披露的权益变动中，持股数量有所调整。 ...

消息面上，近日，声通科技宣布中标四川省内江市"川南智谷人工智能垂直大模型创新平台-银发经济建 设及运营项目"，并与内江高新科技投资服务有限责任公司完成合同签订。项目中标总金额近3亿元人民 币。 公开数据显示，声通科技是一家中国信息技术解决方案提供商，依托融合通信技术、核心交互式人工智 能技术与自主可控的产品引擎，为企业提供一站式企业级智能交互体验。公司上月宣布，拟折价配股净 筹3.1亿港元，约50%将用于研发投入，以增强公司的技术能力及提升产品创新水平。 声通科技(02495)早盘涨超10%，截至发稿，涨9.61%，报61港元，成交额2397.98万港元。 ...

公开数据显示，声通科技是一家中国信息技术解决方案提供商，依托融合通信技术、核心交互式人工智 能技术与自主可控的产品引擎，为企业提供一站式企业级智能交互体验。公司上月宣布，拟折价配股净 筹3.1亿港元，约50%将用于研发投入，以增强公司的技术能力及提升产品创新水平。 消息面上，近日，声通科技宣布中标四川省内江市"川南智谷人工智能垂直大模型创新平台-银发经济建 设及运营项目"，并与内江高新科技投资服务有限责任公司完成合同签订。项目中标总金额近3亿元人民 币。 智通财经APP获悉，声通科技(02495)早盘涨超10%，截至发稿，涨9.61%，报61港元，成交额2397.98万 港元。 ...

Group 1: AI Development in Beijing - Beijing aims to become the "global AI capital," implementing the "AI+" initiative to integrate AI across various industries and urban development [1] - The city is positioned as a leader in the global AI innovation landscape, with significant investments in AI by companies like Xiaomi, which has invested over 100 billion yuan in R&D over the past five years [2] - The integration of AI into manufacturing is seen as crucial for new industrialization, with a focus on creating demonstrable results and addressing gaps in the full production chain [3] Group 2: AI in Elderly Care - The "AI+" initiative is expected to accelerate the smart transformation of the elderly care industry, addressing the challenges of increasing care demands without solely relying on human resources [4] - There is a call for the development of integrated smart devices for elderly care that combine safety monitoring, life assistance, health management, and emotional support [4] - Establishing a big data platform for elderly care is suggested to connect community services and healthcare providers, creating a closed-loop service system [4] Group 3: AI in Education - The integration of AI in education raises ethical and social risks, such as potential psychological issues for children exposed to AI-driven environments [5] - There is a recommendation for local legislation to regulate AI applications for minors, ensuring the protection of children from harmful content [5] - Companies are urged to take responsibility for managing AI training data and ensuring content safety [5][6] Group 4: AI Talent Development - The rapid development of AI technology necessitates a reevaluation of the current occupational classification system to include new roles in the digital content sector [7] - A significant shortage of talent in AI-related fields, such as game design and generative AI, has been identified, with over 70% of companies reporting difficulties in finding qualified candidates [7] - Recommendations include the establishment of new occupational standards and large-scale training programs to support the development of AI-related careers [7]

在创新服务模式方面，东城区将17个街道整合为8个养老服务片区，推动资源集约共享；同时创 新"N+养老"模式，联动社区卫生机构、志愿服务队及社会慈善力量，形成了多方协同的服务体系。 "2026年，我们将围绕'精准、协同、融合'持续发力。"高洪雷强调，下一步将积极推动"国企领建""集约 联建"等模式，深化8个养老服务片区建设。同时构建"怡养、e养、益养、熠养"四位一体的"颐养东 城"居家服务矩阵，打造"四养"服务板块。 "怡养"，即以东花市街道为试点，深度探索居家医养融合；"e养"，将建设区级"AI+养老"体验中心，扩 大智能居家养老服务终端覆盖面，强化养老机构安全主动预警能力；"益养"，拓展银发经济，深化养老 金融合作；"熠养"，弘扬敬老风尚，提升"东城养老"的情感感召力。 同时，持续开展养老服务领域专项整治，深化老年人权益保护，建立养老服务机构"信用+风险"分级分 类监管机制，坚守安全与权益底线，为行业发展保驾护航。 新京报讯（记者陈琳）北京市东城区第十七届人民代表大会第六次会议正在举行。1月14日，东城区民 政局局长高洪雷透露，今年计划新建2个街道养老服务中心；建设区级"AI+养老"体验中心，扩大智能 居家 ...

新京报讯（记者王景曦）1月13日，2026年石景山区"两会"新闻发布会召开。石景山区副区长马斌介 绍，作为全市长期护理保险制度唯一试点区，石景山区已累计将6300多名重度失能老人纳入保障范围， 减轻了家庭照料负担。 "养老问题关系到每个家庭，尤其是高龄、失能等'老老人'的晚年生活，更是家里最牵挂的事。"马斌介 绍，目前，全区60岁以上常住老年人已经达到14.4万人，占全区人口的25.7%，其中"老老人"大约有2.9 万人。 此外，石景山区的二三级综合医院均设立了老年医学科，还组建了152个家庭医生团队，定期为老年人 提供健康管理和上门随访。在幸福颐养护理院建设了区级安宁疗护中心，在八宝山社区卫生服务中心建 成首家区级老年护理中心，积极探索家庭病床和养老床位"两床融合"，让健康服务更可及更连续。 石景山区持续创建全国示范性老年友好型社区，推进经济困难老年人家庭适老化改造，还积极推广智慧 养老模式，为符合条件的老年人家庭配备"养防救"安全智能监测设备。目前，石景山区正在建设"AI+养 老"智慧服务平台，让人工智能更好地服务老人。 "现在全区超过七成的养老服务机构实现了品牌连锁化运营，他们还引入了不少智能康复设备， ...

Core Viewpoint - The "Silver Economy" is emerging as a significant sector in China, driven by the rapid growth of the elderly population and their evolving consumption needs, transforming from a perceived burden to a vibrant market opportunity [1][3][4]. Group 1: Market Size and Growth - The elderly population in China is projected to grow from approximately 310 million to 390 million by 2030, indicating a substantial market potential for the Silver Economy [1]. - The current scale of the Silver Economy is around 7 trillion yuan, accounting for 6% of GDP, with expectations to reach 30 trillion yuan by 2035, representing 10% of GDP [4]. - By 2050, the consumption potential of the elderly population is expected to exceed 106 trillion yuan, positioning China as the largest market for the Silver Economy globally [4]. Group 2: Consumer Behavior and Demand - The new elderly demographic, particularly those born in the 1960s and 1970s, is characterized by higher education levels and a strong desire for quality of life, leading to a diverse and high-potential consumer market [3]. - Key drivers of consumption among the elderly include essential needs, health management, and emotional fulfillment, with a notable shift towards proactive health management and quality lifestyle choices [6][7]. - The demand for health-related products and services is increasing, with significant growth in sales of health management tools and services, reflecting a transition from passive to active health management [7][8]. Group 3: Supply Innovations - The "AI+" era is reshaping the supply side of the Silver Economy, with innovations in elderly care services and products, including AI-assisted care solutions and smart elderly care facilities [9][10]. - Companies are focusing on integrating technology to enhance service efficiency and personalization in elderly care, addressing the diverse needs of the aging population [10]. Group 4: Capital Investment and Market Dynamics - The number of registered Silver Economy-related enterprises has significantly increased, with a 27.5% year-on-year growth in 2023, indicating strong market interest and investment potential [11]. - The Silver Economy is viewed as a "super hot spot" for capital investment, particularly in the health and wellness sectors, driven by the growing demand for home care services [11]. - Despite the positive outlook, challenges remain in distinguishing between actual needs and market demands, which could hinder the industry's growth and profitability [13].

Core Viewpoint - The aging population in China is accelerating, and the pension service sector is evolving beyond traditional welfare to play a dual role in ensuring social welfare and fostering new economic growth [1] Top-Level Logic - The pension service reform in China has entered a new stage characterized by systematic integration and high efficiency, with over 80 policy documents issued since 2020 [2] - Six core logics have been identified in the current policy design: 1. Universal fairness, emphasizing affordable and quality services for all, particularly vulnerable groups [2] 2. System integration, creating a unified service network that combines home, community, and institutional care [3] 3. Digital empowerment, utilizing technology to enhance service supply and management [3] 4. Grassroots restructuring, focusing on community-based services and regional centers [4] 5. Collaborative governance, involving multiple stakeholders in service provision [4] 6. Safety regulation, strengthening oversight to mitigate risks in the rapidly developing market [4] Reform Practices - Current reform practices exhibit four prominent features: 1. A dual focus on problem-solving and demand-driven initiatives, addressing urgent needs of the elderly [6] 2. Pilot demonstrations and gradual implementation to accumulate experience before broader application [7] 3. Activating existing resources while expanding new ones through government investment and innovative financial tools [7] 4. Combining policy support with market mechanisms to ensure fair competition and service innovation [7] Development Trends - The "15th Five-Year Plan" is expected to bring six strategic transformations in the pension service sector: 1. Transitioning from focusing on key groups to ensuring basic services for all elderly [8] 2. Shifting from supply-side support to demand-side subsidies for elderly individuals [8] 3. Moving from merely providing care to enabling active participation of the elderly in society [8] 4. Emphasizing precision and detail in service delivery amid economic pressures [9] 5. Advancing from information technology to intelligent solutions in service provision [10] 6. Expanding the focus from pension services to the broader silver economy [11] Future Measures - To address challenges and ensure successful implementation of reforms during the "15th Five-Year Plan," five key areas of focus are recommended: 1. Strengthening organizational leadership to integrate pension service construction into broader socio-economic planning [13] 2. Enhancing policy communication and training to ensure effective implementation at all levels [14] 3. Establishing a robust evaluation system for dynamic policy adjustments based on feedback [15] 4. Promoting regional collaboration to address disparities in aging development across regions [15] 5. Deepening the development of the silver economy and fostering new business models in pension services [16]

Core Insights - The event "2025 Shanghai Silver Technology Industry Week and Development Conference" focuses on the "silver technology industry" and showcases advancements in the "AI + elderly care" sector [1] - The conference features six major areas of discussion including robotics and smart rehabilitation, AI smart health care, brain-machine interfaces, cognitive and memory protection, smart home monitoring, and joyful aging [1] - The event also launched the Shanghai Silver Technology Industry Innovation and Entrepreneurship Competition and introduced initiatives for the development of the silver technology industry [1] Group 1 - The conference is the first of its kind in China dedicated to the "silver technology industry" [1] - The event spans three days from December 11 to December 13, highlighting the growing ecosystem of "AI + silver" industry [1] - Key initiatives announced include the Shanghai Initiative for Silver Technology Industry Development, the Silver Technology for Good Covenant, and the establishment of industry standards for age-friendly electronic products [1]

■中国经济时报记者 王丽娟 11月29日，由中国经济时报社主办的经济前瞻论坛2025年会在北京首都宾馆举行。中国社会福利与养老服务协会会长，复旦大学老龄研究院副院长、教授 吴玉韶作《"十五五"养老服务政策与实践发展展望》主题演讲。 吴玉韶在介绍我国老龄化及养老服务发展进程时表示，从2013年养老服务业发展元年以来，经过"十二五""十三五""十四五"三个五年规划的部署，我国养 老服务业从无到有、从小到大、从量到质实现了突破性、跨越式发展，取得了历史性成就。 党的二十届四中全会对"十五五"养老事业作出部署。"'十五五'将是我国进入老龄化社会以来，老龄化发展最快的时期。按中央部署，到2035年中国特色养 老体系成熟成型，'十五五'是体系构建关键期。"他认为。 四是从粗放到精细精准转变。养老服务当前的主要矛盾是供求与需求不"适配"。"十五五"期间，要从"有没有"到"优不优""好不好"转变，在经济面临下行 压力宏观背景下，养老服务政策要从"漫灌"到"滴灌"转变，更加强调精细化和精准化。为此，要重视养老评估的重要性。 五是从信息化到智能化转变。我国养老服务与信息化发展相伴随，从建设信息平台开始，实现了从跟跑、并跑到领跑的 ...