Core Viewpoint - The company has decided to cancel a total of 23,244,776 stock options from its equity incentive plans, which includes options from the 2021 and 2022 plans, affecting a total of 1,396 individuals [1][2]. Summary by Relevant Sections Stock Option Cancellation - The company approved the cancellation of 19,904,426 stock options from the "Fighter" 2022 stock option incentive plan, involving 1,118 recipients [1]. - Additionally, 361,420 stock options from the first batch of reserved grants in the "Fighter" 2022 plan were canceled, affecting 37 recipients [1]. - The second batch of reserved grants in the "Fighter" 2022 plan saw the cancellation of 1,818,861 stock options, impacting 241 recipients [1]. - The cancellation also includes stock options from the "Fighter" first phase (2023 supplement) incentive plan [1]. Compliance and Regulations - The cancellation of stock options is in accordance with the relevant laws and regulations, including the Securities Law of the People's Republic of China and the management measures for equity incentives of listed companies [2].

Core Viewpoint - The company's 2024 performance meets expectations, with a turnaround in profitability and significant growth in energy and health sectors, indicating a positive long-term development outlook under the trend of deep integration of AI and industry [1] Investment Highlights - The investment recommendation is to maintain an "overweight" rating, with a target price adjustment to 9.66 yuan (-2.00). EPS estimates for 2025-2027 are projected at 0.12 (-0.13), 0.18 (-0.14), and 0.23 yuan, with a comparable company average PE of 60.83X for 2025. Given the company's forward-looking layout in AI and cloud computing, it is expected to achieve performance growth exceeding expectations, justifying a valuation premium with a 2025 target PE of 80 times, leading to the target price adjustment to 9.66 yuan [2] - In 2024, the company achieved operating revenue of 2.82 billion yuan, a year-on-year decline of 9.73%. However, the energy and health sectors showed remarkable growth, increasing by 22.86% and 17.90% respectively. The company reported a net profit attributable to shareholders of 83 million yuan, marking a return to profitability, primarily due to a 10.73% year-on-year decrease in total expenses during the quality improvement strategy [2] - In Q1 2025, the company reported total operating revenue of 336 million yuan, a year-on-year decrease of 20.45%. The focus on revenue quality improvement led to a gross margin increase of 10.15 percentage points, with a net profit attributable to shareholders of -68 million yuan, a year-on-year increase of 23.43%. The company secured over 300 million yuan in bids across four key industries in 2024, providing incremental support for future stable growth [2] AI and Cloud Computing Integration - The company leverages its strong network and data security technology capabilities to release innovative products such as the Tianwen large model system and various cloud computing solutions, enhancing clients' network security defenses. The cloud computing sector has seen the launch of products like the Intelligent Computing Cloud platform and integrated computing machines, establishing a comprehensive product and service solution system that covers all business scenarios and serves over 100,000 government and enterprise clients and more than 20,000 channel partners [3] - The urgency for AI and industry integration is highlighted by the national industrial and information technology conference at the end of 2024, which announced the implementation of the "AI + Manufacturing" initiative by the Ministry of Industry and Information Technology in 2025. The government work report further emphasizes the support for the widespread application of large models. The company is aligning with technological innovations and industry application processes, having completed significant initial investments in new directions such as AI + security and intelligent computing cloud, and is now entering the market promotion and output release phase [3]

本报记者 郭冀川 重塑安全行业竞争版图 在数据要素市场加速成型、人工智能技术实现跨越式突破的当下，网络安全已突破个体隐私保护的范畴，成为打开产业升 级路径、重构企业创新生态的核心变量。 在5月14日召开的第十二届中国国际警用装备博览会（下称"博览会"）上，多家科技企业集中展示了数字安全领域的实践 案例，勾勒出数字安全产业的新图景，如企业演示的量子密钥分发终端，可将金融数据传输的抗破解能力提升至理论极限；基 于数字孪生技术的风险预警系统，正实时监测着百万级物联网设备的异常行为；在反诈体验区，AI换脸检测系统通过微表情识 别技术，已实现对深度伪造内容的高识别。 当数字经济跃升为驱动经济增长的核心引擎，数字安全战略已从技术领域跃升至国家安全屏障与社会稳定基石的高度。北 京万里红科技有限公司（下称"万里红"）总裁张小亮对《证券日报》记者说："我们正在见证从被动防御到主动免疫的范式转 变，就像给城市装上数字免疫系统。" 从"被动追责"转向"主动风险管控" 近年来，我国数字安全治理呈现政策密集出台、执行刚性强化的显著特征，以《中华人民共和国网络安全法》《中华人民 共和国数据安全法》《中华人民共和国个人信息保护法》为立法基 ...

编号：2025-001 | | □特定对象调研 □分析师会议 | | --- | --- | | 投资者关系 | □媒体采访 √业绩说明会 | | 活动类别 | □新闻发布会 □路演活动 | | | □现场参观 □电话会议 | | | □其他： （请文字说明其他活动内容） | | 参与单位名称 | 线上参与深信服 2024 年度业绩说明会的投资者 | | 及人员姓名 | | | 时间 | 2025 年 5 月 14 日 15:00-16:30 | | 地点 | 深圳证券交易所"互动易平台"http://irm.cninfo.com.cn"云访谈"栏目 | | | 董事长、总经理：何朝曦 | | 公司接待人员 | 副董事长、副总经理：熊武 | | 姓名 | 副总经理、财务总监、董事会秘书：蒋文光 | | | 独立董事：叶钦华、曾斌、钱镇 | | | 一、公司董事长何朝曦先生汇报公司 2024 年度市值管理工作推进情况 | | | 各位投资者及股东下午好！现在由我向各位股东及投资者汇报公司 2024 | | | 年市值管理工作的推进情况： | | | 一、专注主业，稳健经营。2024 年，公司实现营业收入 75. ...

深信服科技股份有限公司 年度业绩说明会投资者活动记录表 ： 证券简称：深信服 编 | | 号 □特定对象调研 □分析师会议 | | | --- | --- | --- | | 投资者关系 | ： □媒体采访 √业绩说明会 | | | 活动类别 | □新闻发布会 □路演活动 | | | | □现场参观 □电话会议 | | | | □其他： （请文字说明其他活动内容） | | | 参 | | | | 线 及人员姓名 与 | | | | 上 时间 单 年 | | | | 参 位 月 地点 | 深圳证券交易所"互动易平台"http://irm.cninfo.com.cn"云访谈"栏目 | | | 与 名 | | | | 日 深 | 董事长、总经理：何朝曦 | | | 称 公司接待人员 信 | 副董事长、副总经理：熊武 | | | 姓名 服 | 副总经理、财务总监、董事会秘书：蒋文光 | | | | 独立董事：叶钦华、曾斌、钱镇 | | | | 年度业绩说明会的投资者 | | | 一 | | | | 、 | 各位投资者及股东下午好！现在由我向各位股东及投资者汇报公司 | 2024 | | 公 | 年市值管理工作的推进情 ...

Regulatory Actions - The State Administration for Market Regulation and other departments have interviewed major food delivery platforms like JD, Meituan, and Ele.me regarding competition issues, emphasizing compliance with laws and regulations to ensure fair competition and protect consumer rights [1][1][1] Company Developments - Neta Auto's associated company, Hozon New Energy Automobile Co., has been filed for bankruptcy examination, indicating potential financial distress within the company [2] - Meituan's food delivery service Keeta is set to enter the Brazilian market, with plans to invest $1 billion over the next five years [1][1][1] - Xiaomi's SU7 Ultra has faced backlash from hundreds of owners demanding refunds due to discrepancies between promotional claims and actual product performance [4][4][4] Market Trends - The price of gold jewelry has dropped below 1,000 yuan per gram, with significant declines reported across major brands [4][4][4] - The price of crayfish has plummeted by nearly 50%, with wholesale prices dropping from over 40 yuan per kilogram to around 18 yuan [5][5][5] Financial Performance - JD reported a first-quarter net profit of 12.8 billion yuan, a year-on-year increase of 43.4% [14] - Fortinet's first-quarter revenue reached $1.54 billion, reflecting a year-on-year growth of 13.8% [13] - Huya's first-quarter total revenue was 1.51 billion yuan, with a non-GAAP net profit of 24 million yuan [15] Strategic Partnerships - Apple is collaborating with startup Synchron to develop a new brain-computer interface aimed at assisting disabled individuals [5] - Amazon has resumed its partnership with FedEx for large item deliveries, marking a significant return to collaboration after a previous split [9][9][9]

证券代码：000004 证券简称：*ST 国华 公告编号：2025-032 深圳国华网安科技股份有限公司 针对上述情况，公司进行了必要核实，对影响公司价格异常波动的事项说明 如下： 大影响的未公开重大信息。 大事项，或处于筹划阶段的重大事项。 三、不存在应披露而未披露的重大信息的声明 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导 性陈述或重大遗漏。 一、股票交易异常波动的情况 深圳国华网安科技股份有限公司（以下简称"公司"）股票（证券简称：*ST 国华，证券代码：000004）于 2025 年 5 月 9 日、5 月 12 日、5 月 13 日连续三个 交易日内日收盘价格涨幅偏离值累计超过 12%，根据《深圳证券交易所交易规则》 的有关规定，属于股票交易异常波动情况。 二、公司关注、核实的相关情况 公司董事会确认，公司目前没有任何根据深交所《股票上市规则》等有关规 定应予以披露而未披露的事项或与该事项有关的筹划、商谈、意向、协议等；董 事会也未获悉公司有根据深交所《股票上市规则》等有关规定应予以披露而未披 露的、对公司股票及其衍生品种交易价格产生较大影响的信息；公司前期披露的 ...

面对新兴挑战，行业正在探索新的防御范式。动态防御、AI对抗AI、隐私计算等新技术方向逐渐成为 共识。然而，技术只是解决方案的一部分。标准体系的缺失、跨厂商协作的障碍、法律伦理的模糊地 带，都是需要全社会共同应对的课题。 21世纪经济报道记者 董静怡 杭州报道 人工智能已经不再是一个独立的、孤立的技术概念，而是贯穿网络安全各个领域，AI智能体也已经从 实验室走入千家万户。 安恒信息CTO刘博向21世纪经济报道记者表示，在大模型时代，人们对安全的感知比以往更为强烈。一 方面，大模型涉及的数据量庞大且复杂；另一方面，在应用大模型时，往往需要处理大量敏感数据的交 互。无论是个人还是企业都对此更加重视。 然而，AI的发展催生了前所未有的安全挑战——攻击与防御的边界因技术迭代而模糊，传统规则式防 护体系在动态化、智能化的新型威胁前逐渐失效。 日前，在2025中国数谷·西湖论剑大会上，安恒信息董事长范渊指出，安全与智能密不可分，安全的边 界决定着智能的发展疆域，而智能的高度也将重塑安全的维度。 安全挑战加剧 大模型技术加速向金融、政务、企业等领域应用，多种安全风险相互交织、叠加放大。安恒信息首席安 全官、高级副总裁袁明坤向 ...

我们梳理出本月在ToB服务领域融资中最值得关注的企业，帮助大家及时了解全球市场动向。 Wisdom AI完成2300万美元种子轮融资，投资方为Coatue Management、Madrona Venture、Menlo Ventures、GTM Capital、纬度创投、U First Capital。Wisdom AI总部位于美国，是一家美国AI数据分析服务商。 Jericho Security完成1500万美元A轮融资，投资方为Distique Capital、plugandplayPNP、Gaingels、Dash Fund、Entrepreneurs Roundtable Acceler、 Lux Capital。Jericho Security总部位于美国，是一家美国网络安全服务商。 Ravio完成1200万美元A轮融资，投资方为BlackBird、Cherry Ventures。Ravio总部位于英国，是一家英国薪酬管理服务商。 那图智能完成1000万人民币天使轮融资。那图智能总部位于中国上海市，是一家智能感知云平台开发商。 永晟信息完成1000万人民币天使轮融资，投资方为盛世投资。永晟信息总部 ...

Al应用于进攻性安全 Al Technology and Risk Working Group cloud security GREATER CHINA REGION alliance ® loud security alliance® 人工智能技术与风险工作组的永久官方地址是 https://cloudsecurityalliance.org/research/workgroups/ai-technology-and- risk ©2025 云安全联盟大中华区 —— 保留所有权利。您可以下载、存储、在您的计算机上显示、 查看、打印以及链接到云安全联盟网站 https:///cloudsecurityalliance.org，但须遵守 以下条件：(a)草案仅供您个人、信息性和非商业用途使用；(b)不得以任何形式修改或更改 草案；(c)不得重新分发草案；(d)不得移除商标、版权或其他声明。在遵循中华人民共和国 著作权法相关条款情况下合理使用本文内容，使用时请注明引用于云安全联盟大中华区。 © 2025云安全联盟大中华区版权所有 2 《AI 应用于进攻性安全》由 CSA 工作组专家编写，CSA 大中华区组织 AI ...