Group 1 - The company, Jiuyuan Yinhai (002777), maintains an open attitude towards technology and business, emphasizing collaboration with industry partners for mutual benefits in the smart livelihood sector [1] - The company is committed to exploring business opportunities in the smart livelihood field, aligning with the principle of complementary advantages and win-win cooperation [1] - Investors are advised to refer to the company's announcements published in legal information disclosure media for relevant information [1]

证券日报网讯 12月23日，中科软在互动平台回答投资者提问时表示，作为AI技术的应用方和整合方， 公司专注于将AI能力与行业场景深度结合。中科软依托其接近30年的行业应用软件的深厚积累，尤其 是多年以来在保险、医疗卫生领域的领先地位，精准卡位从传统"记录型软件"向AI时代"约束型软件"转 型的战略机遇。在B端的AI落地中，对数据的深刻理解与治理能力是中科软作为行业头部ISV的核心护 城河。中科软具有以蓝图数据结构为纲的多源异构数据管理体系，能够快速构建有助于提升垂直AIGC 模型效果的高质量数据集，可为AI应用提供精准的"燃料"，形成了在行业专识数据层面的核心优势。在 技术落地方面，中科软以MaaS平台为核心底座，打造连接算力调度、数据治理、模型训练、实时推理 的智能中枢，支撑模型纳管及智能体应用开发的实施落地。在此之上，开发针对核保、理赔、风控等细 分领域的智能体，实现业务流程从被动记录到主动管理与运筹调度的跨越。未来，中科软将从一个"软 件代码交付者"进化为"行业智能决策能力的提供者"，帮助B端客户实现大模型技术在行业落地的"最后 一公里"。公司围绕区块链的数据架构、隐私保护等核心关键技术形成了相关的专利 ...

智通财经APP讯，北森控股(09669)发布公告，于2025年12月23日该公司斥资132.98万港元回购18.22万 股，回购价格为每股7.27-7.30港元。 ...

格隆汇12月23日丨北森控股(09669.HK)公告，12月23日耗资133万港元回购18.2万股。 ...

Company Overview - Kingdee International, founded in 1993 in Shenzhen, is a leading global provider of enterprise management cloud SaaS services, leveraging technologies such as cloud computing, big data, and AI to create digital solutions covering the entire lifecycle of enterprises, serving over 7.4 million businesses and government organizations globally across more than 20 industries [1][23] - The company ranks first in the Chinese market for SaaS EA, SaaS ERM, financial cloud, EPM, and PLM, and is the only enterprise management vendor in the top 10 of the generative AI model market in China, maintaining a leading market share in the growth enterprise application software sector for 20 consecutive years [1][23] Company Development Stages - The company's development has gone through four stages: 1. Financial software period (1993-2001): Established with the launch of Kingdee financial software in 1995 and the first internet-based ERP system in 1999 [2][24] 2. ERP period (2001-2011): Introduced BPM-based strategic management solutions and launched the EAS software for large enterprises [2][24] 3. Cloud service transformation period (2011-2023): Released Kingdee K/3 Cloud in 2012, marking a shift from traditional ERP models [2][24] 4. AI era (2023-present): Launched Cangqiong GPT in 2023 and plans to fully transform into an enterprise management AI company by 2025 [2][24] Shareholding Structure - The founder, Xu Shaochun, holds a total of 19.81% of the shares, making him the largest shareholder. The management team has extensive industry experience, with most members having over five years of tenure in the company [4][26] Main Business - Kingdee's main business includes enterprise-level cloud services and digital management solutions, forming a diverse product matrix that includes a cloud-native PaaS platform and layered SaaS management clouds [5][27] - The company’s flagship products include the Kingdee Cloud Cangqiong AI platform and SaaS management clouds such as Xinghan, Xingkong, and Xingchen, catering to different enterprise needs [5][27] Financial Performance - The company has seen significant growth in cloud service revenue, which accounted for 83.74% of total revenue in the first half of 2025, with cloud service revenue reaching 2.673 billion yuan, a year-on-year increase of 11.9% [6][28] - Total revenue for the first half of 2025 was 3.192 billion yuan, a year-on-year increase of 11.24%, with a net profit of -98 million yuan, reflecting a 55.14% year-on-year improvement [7][29] Profitability and Cost Management - The company’s gross margin and net margin have shown recovery, with a gross margin of 65.63% and a net margin of -3.42% in the first half of 2025, indicating improvements in profitability [10][31] - The company has also seen a decrease in expense ratios, with sales, management, and R&D expense ratios at 39.59%, 10.84%, and 24.4% respectively [11][31] Cloud Transformation Impact - The shift to a SaaS subscription model has enhanced customer retention and revenue stability, with renewal rates for large, growing, and small enterprises reaching 108%, 95%, and 93% respectively [17][18] - The company’s annual recurring revenue (ARR) reached 3.73 billion yuan in the first half of 2025, a year-on-year increase of 18.5%, contributing to 54.83% of total revenue [17][18] Market Trends and Future Outlook - The transition from traditional ERP to cloud-native EBC (Enterprise Business Capability) is essential for AI deployment, with predictions indicating that AI will add approximately $13 trillion to the global economy by 2030 [15][36] - The adoption of cloud-native technologies is rapidly increasing, with a projected 89% global adoption rate by 2024, indicating a significant shift in enterprise software architecture [14][35]

明源云(00909)发布公告，该公司于2025年12月23日斥资631.74万港元回购200万股股份，每股回购价格 为3.13-3.17港元。 ...

智通财经APP讯，明源云(00909)发布公告，该公司于2025年12月23日斥资631.74万港元回购200万股股 份，每股回购价格为3.13-3.17港元。 ...

Core Viewpoint - DingTalk has launched the world's first AI-driven work operating system, Agent OS, marking a significant shift towards AI collaboration in the workplace [1][2] Group 1: Product Launch and Features - The new version, AI DingTalk 1.1, named "Mulan," introduces over 20 AI products, including DingTalk Real, which provides a physical environment for AI agents to operate securely in complex enterprise settings [2][3] - DingTalk ONE serves as a new interactive entry point for human-AI collaboration, utilizing large models to manage and prioritize work information across various platforms [2][3] - The upgraded AI search engine, "AI Search," now offers capabilities to search, ask questions, and perform tasks, enhancing efficiency in enterprise operations [3][4] Group 2: Industry Impact and Ecosystem - DingTalk aims to build an open AI ecosystem in collaboration with partners, focusing on industry models and AI hardware markets, promoting a comprehensive AI landscape for enterprises [3] - The AI table feature allows users to create applications easily, transitioning from traditional Excel to AI applications without coding, thus lowering barriers for businesses [4] - DingTalk's first AI hardware, DingTalk A1, has evolved to assist teams across various functions, integrating seamlessly into business processes for better data management and analysis [4]

Group 1 - The company, BoSi Software (300525), has established a subsidiary in Hainan, focusing on fiscal electronic invoices, performance evaluation, and digital procurement [1] - The company's clients include government finance departments, hospitals, and other administrative and public institutions [1]

证券日报网讯12月23日，博思软件（300525）在互动平台回答投资者提问时表示，公司将持续重视市值 管理工作，公司根据相关法律法规的要求及时履行信息披露义务，及时向市场及投资者披露相关信息， 在规则范围内对公司价值进行积极宣导。 ...