Investment Rating - The report maintains a "Positive" investment rating for the industry [7]. Core Insights - The computer sector experienced a significant increase of 8.18% last week, outperforming the overall market, which rose by 1.91% [2][4]. - The report highlights the active interest in stablecoins and financial IT concepts, particularly following regulatory developments in Hong Kong [6][49]. - Key recommendations include focusing on companies with issuance qualifications, those with technological expertise in blockchain, and firms holding relevant licenses [6][49]. Summary by Sections Market Performance - The computer sector ranked first among major industries, with a trading volume accounting for 12.44% of the total market [4][12]. - Notable stocks in the sector included Tianli Technology (+58.40%), Jingbeifang (+39.90%), and others, reflecting strong performance in financial IT and stablecoin-related themes [14][15]. Stablecoin Focus - The Hong Kong government has approved regulations to enhance the trading of virtual assets, including stablecoins, which are expected to grow rapidly [6][38]. - As of May 1, 2025, the total market size of stablecoins reached approximately $227.37 billion, marking a year-on-year growth of 46.5% [38][40]. - Stablecoins are increasingly being utilized in cross-border remittances, offering faster and cheaper transactions compared to traditional methods [44]. Technological Developments - Tesla's Robotaxi service has launched, potentially accelerating the commercialization of autonomous taxi services [17][25]. - Neuralink has made significant advancements in brain-machine interface technology, showcasing its potential to improve the quality of life for individuals with disabilities [26][35].

Core Viewpoint - Shenzhen Municipal Market Supervision Administration has launched a "Commercial Secret Protection" service column to provide a one-stop service for enterprises, focusing on policy dissemination, learning resources, risk prevention, and foreign-related services [1] Group 1: Service Structure - The service column consists of four core sections: "Notifications and Announcements," "Activity Highlights," "Learning Area," and "Thematic Services," creating a multi-dimensional and interactive service system for commercial secret protection [1] - The "Notifications and Announcements" section publishes relevant policy documents, activity previews, and public information to keep enterprises updated on regulatory dynamics [1] - The "Activity Highlights" section showcases various information related to training, results release, and enterprise services through a visually engaging format, promoting experience exchange and sharing [1] - The "Learning Area" includes three sub-sections: "Standards and Guidelines," "Typical Cases," and "Practical Research," providing various learning resources to enhance enterprises' practical capabilities in commercial secret protection [1] - The "Thematic Services" section integrates three special services, including a regularly updated list of commercial secret protection service points across the city, facilitating enterprises' access to professional support [1] Group 2: Online Services and Features - As of June 2025, there will be 74 commercial secret protection service points in Shenzhen, covering all 11 districts of the city [2] - The online "Health Check" service and a 30-day free "Diagnosis" are highlighted features of the third "Enterprise Commercial Secret Protection Capability Enhancement Service Month" [2] - The online "Health Check" service, developed in collaboration with Deepin Technology Co., utilizes expandable data leakage prevention technology (XDLP) to intelligently detect, warn, and trace the flow of commercial secret data [2] - Enterprises can apply for the "Health Check" to refine their commercial secret management strategies and conduct comprehensive audits of file transmission routes across various platforms [2] - The service aims to provide real-time, embedded, and continuous assessments of data flow, helping enterprises identify and address management vulnerabilities from the source [2] Group 3: Application Process - Enterprises interested in participating in the online "Health Check" can submit applications via a QR code, choosing between "Self-Registration" or "IT Assistant Support" for the assessment [3] - Upon completing the 30-day free assessment, enterprises will receive a detailed "Commercial Secret Management Risk Online Health Check Report," highlighting risks across various dimensions [3] - Market supervision departments can also provide one-on-one on-site guidance services by linking experts to assist enterprises [3]

Core Viewpoint - The article discusses the improvements in the quality of listed companies in China's A-share market during the "14th Five-Year Plan" period, highlighting advancements in ESG disclosures, investor relations management, and overall corporate governance [1][2][7]. ESG Disclosure - The ESG report disclosure rate for listed companies reached 45.7% in 2024, an increase of over 17 percentage points compared to the end of the "13th Five-Year Plan" period [2]. - State-owned enterprises (SOEs) have significantly improved their ESG report disclosure rates, reaching 95.1% in 2024, a 37 percentage point increase from 2020 [3]. - By June 30, 2025, 20.08% of A-share companies received ESG ratings of A or above, a rise of over 10 percentage points since the end of 2020 [3]. Investor Relations Management - Over 40% of listed companies have established investor relations management systems by June 30, 2025, a significant increase from 17.48% in 2020 [5]. - The average response time to investor inquiries has decreased to under 10 days during the "14th Five-Year Plan" period, a reduction of approximately 16 days compared to the previous period [4]. - The effective response rate to investor inquiries has approached 67%, an increase of over 10 percentage points from the "13th Five-Year Plan" period [4]. Company Quality Improvements - The proportion of listed companies rated A or B in information disclosure assessments reached 85.09% in 2023, a 1 percentage point increase from 2020 [7]. - The average asset-liability ratio for A-share companies has shown a downward trend, with a median of 39.95% during the "14th Five-Year Plan" period, nearly 1 percentage point lower than the previous period [7]. - The average revenue per employee for A-share companies exceeded 210,000 yuan, reflecting an increase of over 20% compared to the previous period [8]. Market Structure and Trends - Over 90% of new listings on the Sci-Tech Innovation Board, Growth Enterprise Market, and Beijing Stock Exchange are high-tech enterprises, indicating a shift towards technology-driven companies [8]. - The total market capitalization of strategic emerging industry companies has surpassed 40%, showcasing the capital market's support for technological and industrial innovation [8].

Group 1 - The company approved a total guarantee amount of up to 250 million RMB for its subsidiaries to apply for financing from banks and financial institutions [1] - The specific guarantee amount for its subsidiary, Anying Zhixuan (Shenzhen) Technology Co., Ltd., is set at a maximum of 80 million RMB, effective from the date of approval until the next annual general meeting [1] - The company signed a guarantee contract with Bank of Communications Shenzhen Branch, providing a joint liability guarantee for a 10 million RMB working capital loan for Anying Zhixuan [2] Group 2 - The guarantee period for each principal debt is calculated from the due date of the debt until three years after the last due date of all principal debts under the main contract [3] - As of the announcement date, the total amount of guarantees provided by the company and its subsidiaries is 105 million RMB, accounting for 19.47% of the company's latest audited net assets [3] - There are no overdue guarantees, litigation guarantees, or losses incurred due to overdue debts as of the announcement date [3]

证券代码：600718 证券简称：东软集团 公告编号：临 2025-047 东软集团股份有限公司 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈 述或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： ? 本次行权股票上市流通时间：公司本次采用自主行权模式，激励对象行 权所得股票可于行权日（T 日）后的第二个交易日（T+2）日上市交易。 一、2024 年股票期权激励计划已履行的决策程序和信息披露情况 于 2024 年 2 月 26 日召开的公司十届八次董事会审议通过了《关于 <东软集> 团股份有限公司 2024 年股票期权激励计划（草案）>及其摘要的议案》《关于< 东软集团股份有限公司 2024 年股票期权激励计划考核管理办法>的议案》以及 《关于提请公司股东大会授权董事会办理 2024 年股票期权激励计划相关事宜的 议案》。具体内容，详见本公司于 2024 年 2 月 28 日刊登在《中国证券报》 《上海 证券报》上的相关公告。 于 2024 年 2 月 26 日召开的公司十届四次监事会审议通过了《关于 <东软集> 团股份有限公司 2024 年股票期权激励计划（草 ...

Core Viewpoint - The announcement details the implementation of the 2023 stock option incentive plan by Beijing Chunz中科技 Co., Ltd, including the approval process, execution of stock options, and the impact on the company's share structure [1][2][3][5][6]. Group 1: Stock Option Incentive Plan Details - The second exercise period of the stock option incentive plan allows for a total of 1,426,500 shares to be exercised, with 1,424,500 shares successfully exercised by 189 out of 190 eligible participants [5][6]. - The stock options are set to be listed for trading on the second trading day after the exercise date (T+2) [1][6]. - The stock option exercise price has been adjusted to 17.58 yuan per share following the completion of the company's 2022 annual equity distribution [3][5]. Group 2: Approval and Disclosure Process - The board of directors and the supervisory board approved the stock option incentive plan during meetings held on April 27, 2023, and May 18, 2023, respectively [2][3]. - The list of proposed incentive recipients was publicly disclosed internally from April 28 to May 7, 2023, with no objections raised during the public comment period [2]. - A special legal opinion was provided by Beijing Zhonglun Law Firm regarding the compliance of the incentive plan and the qualifications of the recipients [3][5]. Group 3: Financial Impact and Fund Utilization - The total number of unrestricted shares increased from 201,841,779 to 203,266,279 following the exercise of stock options, with no significant impact on the company's financial status or operating results [6][8]. - The funds raised from the stock option exercise amount to 25,398,835 yuan, which will be used to supplement the company's working capital [8].

Core Viewpoint - The announcement details the stock option incentive plans for 2022 and 2023 by Hengsheng Electronics Co., Ltd, highlighting the number of options available for exercise and the lack of participation in the second quarter of 2025 [1][2]. Summary by Sections 2022 Stock Option Incentive Plan - The second exercise period for the 2022 stock option incentive plan allows for the exercise of 3.942347 million options, with the actual exercise period from October 9, 2024, to September 12, 2025, and the exercise method being self-exercise [1]. - In the second quarter of 2025, no incentive participants exercised their options, resulting in a total of 0 shares being transferred [1]. - The exercise price for the 2022 plan was adjusted multiple times, ultimately decreasing from 34.88 CNY per share to 34.52 CNY per share [1]. 2023 Stock Option Incentive Plan - The first exercise period for the 2023 stock option incentive plan allows for the exercise of 5.711400 million options, with the actual exercise period from October 9, 2024, to September 11, 2025, and the exercise method being self-exercise [1]. - Similar to the 2022 plan, no incentive participants exercised their options in the second quarter of 2025, resulting in a total of 0 shares being transferred [2]. - The exercise price for the 2023 plan was adjusted from 39.44 CNY per share to 39.21 CNY per share [2]. General Information - The company conducted internal reviews and public disclosures regarding both incentive plans, with independent directors providing opinions and the supervisory board confirming the eligibility of the incentive participants [1][2]. - The total number of shares before and after the incentive plans remains unchanged at 1,891,767,477 shares, with no shares subject to trading restrictions [2].

注：本文系新闻报道，不构成投资建议，股市有风险，投资需谨慎。 证券时报·数据宝统计显示，嘉和美康今日收盘价为30.36元，上涨3.30%，日换手率为4.04%，成交额为 1.66亿元，全天主力资金净流入1160.11万元，近5日该股累计上涨13.37%，近5日资金合计净流入796.88 万元。 两融数据显示，该股最新融资余额为1.27亿元，近5日增加4064.37万元，增幅为47.11%。（数据宝） 7月1日嘉和美康大宗交易一览 | 成交量 | 成交金 | 成交价 | 相对当日收 | | | | --- | --- | --- | --- | --- | --- | | （万 | 额（万 | 格 | 盘折溢价 | 买方营业部 | 卖方营业部 | | 股） | 元） | （元） | （%） | | | | 8.00 | 200.00 | 25.00 | -17.65 | 中信建投证券股份有限公 司北京望京证券营业部 | 中国国际金融股份有限公司 北京建国门外大街证券营业 | | | | | | | 部 | | 8.00 | 200.00 | 25.00 | -17.65 | 国投证券股份有限公司连 云港郁州北路 ...

Group 1 - Newcap Electronic Co., Ltd. has won a bid for the supply of campus cards and card printer ribbons for Zhongshan Vocational Technical College [1][2] - The total transaction amount for the campus card procurement is *****.00 RMB, with a quantity of 1200 units priced at 10.00 RMB each [1] - The card printer ribbon procurement involves 6 boxes priced at 400.00 RMB each, totaling 2400.00 RMB [2] Group 2 - The procurement process included a bidding period from June 27, 2025, to June 30, 2025, with delivery required within 7 days after the announcement of results [1] - Newcap Electronic Co., Ltd. is responsible for free on-site installation, including material costs, as part of the procurement agreement [1]

Project Information - The project is titled "Guizhou Normal University Asset Management System Upgrade and Transformation Project" and is being procured by Guizhou Normal University [1] - The budget for the project is unspecified in the document but is indicated to be a single unit procurement [1] - The current asset management system does not fully integrate with the financial budget system of the Guizhou Provincial Finance Department, necessitating an upgrade [1] Supplier Information - The selected supplier for the project is Beijing Jiuqi Software Co., Ltd., which is also the original contractor for the existing asset management system [1][2] - The company is located in Haidian District, Beijing [4] Procurement Method - The procurement will be conducted through a single-source method due to the supplier's prior involvement and expertise with the existing system [3] - This approach is justified by the need for effective integration with the provincial financial system and ensuring data security [1][3] Public Notice - The public notice period for this procurement is from July 2, 2025, to July 8, 2025 [4]