Group 1 - The company held its 6th temporary board meeting of the 12th session on July 9, 2025, with all 5 board members present, complying with relevant laws and regulations [1][2] - The board approved a proposal to transfer 95% equity and related debts of Shandong Zhiyou Network Security Technology Co., Ltd. to Shenzhen Mifan Cultural Communication Co., Ltd., with a voting result of 3 in favor and 0 against [1][2] - The independent directors reviewed and approved the proposal prior to the board meeting [2]

Core Viewpoint - The company has announced its profit distribution plan for the fiscal year 2024, which includes a cash dividend of 0.60 yuan per 10 shares, approved by the shareholders' meeting held on May 26, 2025 [1]. Summary by Sections Profit Distribution Plan - The profit distribution plan is based on a total share capital of 845,677,003 shares, with a cash dividend of 0.60 yuan per 10 shares (before tax) [1]. - The distribution will be adjusted based on the total share capital on the record date if there are changes due to stock repurchase or other reasons [1]. Dividend Taxation - For investors holding shares through the Shenzhen-Hong Kong Stock Connect and foreign institutions, the cash dividend after tax will be 0.54 yuan per 10 shares [1]. - Different tax rates apply for individual shareholders based on their holding period, with no withholding tax by the company at the time of distribution [2]. Key Dates - The record date for the profit distribution is set for July 17, 2025, and the ex-dividend date is the following day [2]. Distribution Method - The cash dividends will be directly credited to the shareholders' accounts through their custodial securities companies on July 18, 2025 [2]. Consultation Information - The company has provided contact details for inquiries regarding the profit distribution, including a phone number and email address [3].

（原标题：主力资金丨5股尾盘主力资金大幅出逃） 今日仅有3个行业主力资金净流入。 短剧概念股中文在线主力资金净流入4.37亿元，居次席。消息面上，银河证券研报数据显示，当前短剧市场年规模已达300亿元至350亿元，预计 明年有望突破500亿元大关。 今日有87股主力资金净流出均超1亿元，其中10股净流出均超3亿元。 中油资本、东方财富、胜宏科技、北方铜业、大东南等主力资金净流出金额居前。 A股三大指数今日（7月9日）冲高回落，沪指失守3500点。从今日主力资金情况来看，沪深两市全天主力资金净流出285.94亿元。仅商贸零售、传 媒、煤炭3个行业主力资金净流入，金额分别为7.12亿元、6.58亿元、0.83亿元。 28个主力资金净流出行业中，电子行业主力资金净流出金额居首，为51.4亿元；电力设备、计算机行业主力资金净流出金额居前，均超30亿元； 基础化工、有色金属主力资金净流出均超20亿元；非银金融、国防军工、通信行业主力资金净流出均超10亿元。 14股获主力资金净流入均超2亿元 从个股看，41股主力资金净流入均超1亿元，14股获主力资金净流入均超2亿元。 跨境电商概念股跨境通主力资金净流入8.53亿元，居首 ...

Core Insights - XBOW, an AI-driven security tool, has surpassed all human competitors on the HackerOne platform, marking a significant milestone in the security industry [1][12] - The company has raised a total of $117 million in funding, with a recent $75 million Series B round led by Altimeter [1] - XBOW's technology automates penetration testing, significantly increasing efficiency and accuracy compared to human experts [7][12] Company Overview - XBOW was founded in 2024 by Oege de Moor, a former Oxford University professor and creator of GitHub Copilot [4] - The founding team includes top security experts and AI researchers, enhancing the company's capabilities in both fields [6] - The company aims to address the shortage of human security experts by providing a fully automated penetration testing tool [8] Technology and Performance - XBOW can autonomously solve 75% of web application security benchmark tests faster than human experts, completing tests in 28 minutes compared to 40 hours for humans [8] - The tool is capable of identifying a wide range of vulnerabilities, including remote code execution, SQL injection, and cross-site scripting [12] - XBOW employs a verification mechanism to ensure the accuracy of its findings, reducing the high false positive rates common in automated security tools [12] Market Context - The demand for AI-driven security solutions has surged due to the increasing number of software applications and the sophistication of AI-powered attacks [7] - A recent survey indicated that nearly two-thirds of organizations struggle to find enough skilled professionals for penetration testing [8] - As attackers leverage AI to enhance their methods, the need for robust defensive systems has become critical [12] Future Outlook - XBOW represents a pivotal moment in the security sector, akin to an "Alpha Go moment," showcasing the potential of AI to transform security practices [13] - The company is positioned to continuously test and secure a wide array of applications, integrating seamlessly into development processes [13] - The ongoing evolution of AI in security highlights the importance of accuracy and reliability in automated tools to prevent potential pitfalls [13]

Core Viewpoint - The European Union is developing an unprecedented "emergency strategic reserve" plan to stockpile essential materials, including rare earth minerals and critical components, in response to geopolitical uncertainties and potential threats [1][3][5]. Group 1: Strategic Reserve Plan - The new emergency reserve plan includes not only traditional supplies like energy, food, and medicine but also rare earth minerals, permanent magnets, and specialized cable maintenance modules [3][5]. - The plan reflects the EU's concern that disruptions to network, energy, and IoT infrastructure could severely impact its core operations [3][9]. Group 2: Geopolitical Context - The urgency of this initiative is driven by recent threats, such as the suspected sabotage of the Baltic Sea gas pipeline and cyberattacks on communication networks across Europe [5][11]. - The EU is preparing for potential military attacks on member states, as indicated by warnings from officials about the likelihood of significant military confrontations in the coming years [5][11]. Group 3: Dependency on Imports - Europe relies heavily on imports for critical materials, with over 80% of rare earth minerals sourced from China, making it vulnerable to supply chain disruptions [7][15]. - The demand for permanent magnets is surging due to the green economy transition, particularly in wind and solar energy, necessitating stockpiling to avoid supply shortages [7][9]. Group 4: Infrastructure and Cybersecurity - The EU aims to enhance its resilience by stockpiling repair modules for communication and energy infrastructure to ensure rapid recovery from outages [9][11]. - There is a recognized lack of understanding regarding the types and quantities of materials needed to address new risks, indicating a reactive rather than proactive approach to security [11][13]. Group 5: Market Implications - The EU's strategy may create opportunities for companies that can navigate the complexities of the rare earth market, especially as the bloc seeks to reduce dependency on Chinese supplies [15][17]. - The potential for increased demand and stockpiling could lead to fluctuations in international raw material prices, raising questions about market stability [15][17].

Core Viewpoint - The article discusses the recent performance of Cloudflare and Zscaler, two leading companies in the cloud security and infrastructure sectors, highlighting their stock price increases and the factors driving their growth in a favorable economic environment [3][5]. Group 1: Cloudflare - Cloudflare's stock has risen approximately 73% year-to-date, currently priced at $186.43, nearing its historical high of $221.64 from November 2021 [8][9]. - The increase in Cloudflare's stock price is attributed to the growing demand for network security and performance optimization solutions, as well as the company's strong position in cloud security and network infrastructure [11]. - Cloudflare's edge network can handle 57 million HTTP requests per second, and its customer base is expanding due to the acceleration of digital transformation across various industries [11]. - The market is particularly optimistic about Cloudflare's zero-trust security suite and AI inference tools, which enable businesses to run large language models closer to users [11]. - Future growth is expected to be supported by increasing network threats, accelerated global digital transformation, and ongoing innovations in AI security tools [11]. - Despite a high valuation with a projected price-to-sales ratio of 30.9, Cloudflare maintains a strong fundamental position and competitive advantages in AI and network security [13]. Group 2: Zscaler - Zscaler's stock has increased approximately 71% year-to-date, currently priced at $308.46, and is about 18% lower than its historical high of $376.11 from November 2021 [15][18]. - The surge in Zscaler's stock price is driven by enterprises moving away from traditional firewalls to AI-based zero-trust models, significantly increasing demand for its cloud-native security platform [17]. - Zscaler has formed strategic partnerships with major cloud service providers like Amazon AWS and Google Cloud, enhancing platform integration and competitive advantage [17]. - The company is also benefiting from stricter data protection regulations and the rising threat of ransomware, which present growth opportunities [20]. - Zscaler is actively investing in AI and machine learning technologies to enhance threat detection capabilities and is expanding its business in emerging markets [20]. - Both Cloudflare and Zscaler are capitalizing on the ongoing competition in the network security sector, although their current valuations are slightly high [22].

Core Viewpoint - Cybersecurity has become an essential element for the orderly operation of modern society, directly impacting public trust, social stability, and national security [1][3] Group 1: National Security and Major Events - Qihoo 360 has completed 87 national security tasks, including major events like the 100th anniversary of the founding of the Communist Party and the 2022 Beijing Winter Olympics, achieving a "zero incident" goal for the first time in Olympic history [4][5] - During the 2024 National Two Sessions, Qihoo 360 formed the "Qihoo 360 Red Cloud Team" to ensure zero network interruptions through real-time threat monitoring [5] Group 2: Digital Transformation and Technological Innovation - The company provides security protection, monitoring, and hosting services to over 4,000 industrial internet enterprises, facilitating their digital transformation [5] - Qihoo 360 has invested heavily in AI, with key products like AISOC and Tianyan already incorporating AI capabilities, enhancing its position in cybersecurity technology [6] Group 3: Social Responsibility and Talent Development - Qihoo 360 emphasizes social responsibility through various initiatives, including partnerships with over 70 universities to develop cybersecurity courses and training programs [7] - The company donated 8 million yuan to its foundation in 2024, supporting rural revitalization and healthcare initiatives [7] Group 4: Environmental Commitment - Qihoo 360 actively responds to national "dual carbon" goals, integrating green development into its corporate strategy and disclosing verified greenhouse gas emissions data [8] Group 5: Recognition and Awards - The company has received multiple accolades for its social responsibility practices, including a "three-star" rating for data security and personal information protection [9] - Qihoo 360 was the only cybersecurity company listed in the S&P Global "Sustainability Yearbook (China Edition) 2025," highlighting its leadership in sustainable development [9]

Meeting Notice - The company has established guidelines to ensure the rights of all shareholders and the orderly conduct of the meeting [1][2] - Attendees must check in 30 minutes prior to the meeting and present identification [2] - Shareholders have the right to speak, inquire, and vote during the meeting [2][3] Meeting Details - The meeting is scheduled for July 14, 2025, at 14:00 in Beijing [6] - Online voting will be available on the Shanghai Stock Exchange platform from 9:15 to 15:00 on the same day [6] Meeting Agenda - The agenda includes sign-in, announcement of attendees, discussion of proposals, and voting [6] - The first proposal involves changing the purpose of repurchased shares from employee stock plans to cancellation and reduction of registered capital [6][10] Proposal Details - The company plans to change the use of 2,919,652 repurchased shares, which will reduce the total share capital from RMB 68,517.2377 million to RMB 68,225.2725 million [8] - This change aims to enhance earnings per share and improve shareholder returns without adversely affecting the company's financial status or operations [8][9] Additional Proposal - The second proposal is to increase the expected amount of daily related transactions by RMB 50 million, bringing the total to RMB 150 million [10][11] - This increase is based on the company's operational needs and has been approved by the board and supervisory committee [12]

Core Viewpoint - The National Cybersecurity Center of China has reported a series of malicious foreign websites and IP addresses used by foreign hacker organizations to launch cyber attacks against China and other countries [1] Group 1: Cyber Threats - Foreign hacker organizations are utilizing specific malicious websites and IP addresses to conduct ongoing cyber attacks, posing significant threats to domestic network units and internet users in China [1] - The types of cyber attacks include the establishment of botnets and backdoor exploitation [1] Group 2: Geographic Distribution - The malicious websites and IP addresses are primarily associated with countries such as the United States, Netherlands, Switzerland, Belgium, Poland, South Africa, and Lithuania [1]

Core Viewpoint - The phenomenon of "opening boxes" has become a significant issue, involving the illegal collection and public disclosure of personal information, leading to online violence and harassment [1][2][3] Group 1: Definition and Mechanism - "Opening boxes" refers to the illegal gathering and public sharing of sensitive personal information, often for the purpose of inciting online violence or defamation [1] - This practice is seen as a more organized and industrialized evolution of traditional "human flesh search," which relied on crowdsourcing information [2][3] - The ease of accessing personal information has increased due to the established black and gray market for data, making "opening boxes" a low-cost and low-barrier activity [3] Group 2: Impact and Cases - Reports indicate that over 19,500 data leakage incidents were verified in 2023, affecting various industries including finance and e-commerce [4] - The rise of artificial intelligence and smart devices has exacerbated the challenges of personal information protection, as these technologies often collect sensitive data that can be exploited [5] Group 3: Involvement of Minors - A significant proportion of both victims and perpetrators of "opening boxes" are minors, who often lack awareness of the legal consequences of their actions [7][8] - The legal system considers the age and psychological state of minors when addressing "opening boxes," emphasizing education and guidance rather than solely punitive measures [8] Group 4: Regulatory Responses - The National Cyber Administration has taken steps to enhance personal information protection, including the investigation of 82 apps for violating personal data rights [9][10] - Future regulatory actions will focus on various sectors, including smart devices and the illegal sale of personal information through dark web channels [10]