Group 1 - The State Intellectual Property Office of China has granted a patent titled "Optical Filter and Its Formation Method" to Shanghai Yidian Display Materials Co., Ltd. and Kunshan Yidian Display Materials Co., Ltd., with the announcement number CN116413943B and application date of December 2021 [1] - Shanghai Yidian Display Materials Co., Ltd. was established in 2007 in Shanghai, primarily engaged in the manufacturing of computers, communications, and other electronic devices, with a registered capital of 1,324.09 million RMB [1] - The company has made investments in one enterprise, participated in 22 bidding projects, holds 93 patent records, and possesses 105 administrative licenses according to data analysis from Tianyancha [1] - Kunshan Yidian Display Materials Co., Ltd. was founded in 2019 in Suzhou, focusing on software and information technology services, with a registered capital of 60 million RMB [1] - This company has 30 patent records and 11 administrative licenses as per Tianyancha data analysis [1]

Investment Rating - The investment rating for the company is "Accumulate" with a target price of 181.08 CNY per share [6][12]. Core Insights - The report highlights that the current market is active, and the company's future performance is expected to improve due to its focus on AI-enabled product advancements, which enhances its market competitiveness [2]. - The company is a leading provider in the securities trading system software market, primarily serving domestic securities firms with core products such as market analysis systems and trading systems [12]. - The report forecasts the company's net profit attributable to shareholders for 2025-2027 to be 335 million, 357 million, and 385 million CNY, respectively, with corresponding EPS estimates of 1.31, 1.39, and 1.50 CNY [12]. Financial Summary - Total revenue is projected to be 435 million CNY in 2023, decreasing to 389 million CNY in 2024, and then increasing to 429 million CNY in 2025, 465 million CNY in 2026, and 505 million CNY in 2027, reflecting a growth rate of 35.2% in 2023 and a decline of 10.5% in 2024 [4]. - Net profit attributable to shareholders is expected to be 311 million CNY in 2023, slightly decreasing to 304 million CNY in 2024, and then increasing to 335 million CNY in 2025, 357 million CNY in 2026, and 385 million CNY in 2027, with a growth rate of 102.4% in 2023 [4]. - The company's return on equity (ROE) is projected to be 9.1% in 2023, decreasing to 8.4% in 2024, and then gradually increasing to 9.0% by 2027 [4]. Market Data - The company's market capitalization is approximately 36.377 billion CNY, with a total share count of 256 million shares [7]. - The stock price has ranged between 96.68 CNY and 180.13 CNY over the past 52 weeks [7]. Competitive Position - The company has a strong competitive position in the market, with its securities trading system being a core product and facing limited competition from firms like Tonghuashun and Dazhihui [12]. - The company has successfully integrated AI capabilities into its products, enhancing its offerings and adapting to the evolving market demands [12].

证券研究报告 | 策略点评 2026 年 01 月 09 日 投资要点 分析师：孟之绪 执业编号：S0300524080001 电话： 邮箱：mengzhixu@ykzq.com 投资策略研究 粤开市场日报-20260109 今日关注 指数涨跌情况：今日 A 股主要指数普遍上涨。截止收盘，沪指上涨 0.92%，收 报 4120.43 点；深证成指涨 1.15%，收报 14120.15 点；创业板指涨 0.77%， 收报 3327.81；科创 50 指数涨 1.43%，收报 1475.97 点。总体上，全天个股 涨多跌少，Wind 数据显示，全市场 3918 只个股上涨，1344 只个股下跌，201 只个股收平。沪深两市今日成交额合计 31227 亿元，较上个交易日放量 3224 亿元。 行业涨跌情况：今日申万一级行业涨多跌少，传媒、综合、国防军工、计算 机、有色金属等行业领涨，涨幅分别为 5.31%、3.60%、3.29%、2.90%、2.78%， 银行、非银金融行业下跌，跌幅分别为 0.44%、0.20%。 概念板块涨跌情况：今日涨幅居前的概念板块为拼多多合作商、小红书平台、 Kimi、抖音豆包、WEB3. ...

Core Insights - The report highlights the current industry allocation of the Bank of China’s multi-strategy system, with significant positions in basic chemicals (13.7%), non-bank financials (13.7%), and coal (9.1%) among others [1] - The average weekly return for the CITIC primary industries is reported at 3.3%, with the best-performing sectors being defense and military (13.1%), media (9.6%), and non-ferrous metals (6.7%) [3][10] - The report indicates a composite strategy return of 2.9% for the week, underperforming the CITIC primary industry equal-weight benchmark by 0.4% [3] Industry Performance Review - The best-performing sectors for the week include defense and military (13.1%), media (9.6%), and non-ferrous metals (6.7%), while the worst performers are banking (-1.3%), oil and petrochemicals (-0.7%), and agriculture, forestry, animal husbandry, and fishery (-0.5%) [10][11] - The average monthly return for the CITIC primary industries stands at 6.7% [10] Valuation Risk Warning - The report employs a valuation warning system based on the PB ratio over the past six years, identifying sectors with a PB ratio above the 95th percentile as overvalued. Currently, sectors such as retail, computers, non-ferrous metals, defense and military, oil and petrochemicals, electronics, media, and machinery are flagged for high valuation risk [12][13] Single Strategy Rankings and Recent Performance - The top three industries based on the high prosperity industry rotation strategy (S1) are non-bank financials, coal, and basic chemicals [14][15] - The report outlines the performance of various strategies, with the highest excess return from the implied sentiment momentum strategy (S2) at 0.9% [3] Macro Style Rotation Strategy - The macro style rotation strategy identifies the top six industries based on macroeconomic indicators as banking, oil and petrochemicals, coal, home appliances, non-ferrous metals, and construction [21][23] Long-term Reversal Strategy - The long-term reversal strategy focuses on industries that exhibit momentum effects within two years and reversal effects beyond three years, utilizing a composite of three factors for industry ranking [26]

Choice统计显示，1月9日，沪深两市可交易A股中，上涨个股有3718只，下跌个股有1272只，平盘个股 有182只。不含当日上市新股，共有111只个股涨停，3只个股跌停。从所属行业来看，涨停个股主要集 中在传媒、机械设备、计算机、医药生物、通信等行业。 （原标题：今日111只个股涨停 主要集中在传媒、机械设备等行业） ...

行 行业月报 业 研 究 证 券 研 究 报 告 行 业 月 报 "人工智能+制造"政策发布，AI 应用迎发展良机 ——计算机行业 1 月投资策略展望 分析师： 连天龙 SAC NO： S1150525070002 2026 年 01 月 08 日 计算机 证券分析师 连天龙 liantl@bhzq.com 022-23861563 重点品种推荐 虹软科技 增持 近半年行业指数走势图 相关研究报告 智谱、MiniMax 冲刺港股，大 模型资本化进程提速——— 计算机行业周报 2025.12.25 小米发布开源大模型，AI 应用 布局有望深化———计算机 行业周报 2025.12.18 H200 获批对华出口，AI 算力 与应用产业链共振向上—— —计算机行业周报 2025.12.11 投资要点： 行业要闻 （1）八部门联合部署"人工智能+制造"专项行动； （2）算力领先企业超聚变启动上市辅导； （3）英伟达宣布 Rubin 芯片平台全面投产。 行业数据 2025 年 11 月计算机工业生产者出厂价格指数（PPI）环比下降 0.2%，同比 下降 0.5%。2025 年 1-11 月，我国软件业业务收入 1397 ...

Group 1 - Guangzhou Jiadu Intelligent Technology Co., Ltd. has obtained a patent for a "data analysis method, device, terminal equipment, and storage medium," with authorization announcement number CN116721407B, applied on May 2023 [1] - Guangzhou Jiadu Intelligent Technology Co., Ltd. was established in 2004, located in Guangzhou, primarily engaged in software and information technology services, with a registered capital of 950 million RMB [1] - The company has invested in 20 enterprises, participated in 836 bidding projects, holds 544 patent records, and has 21 administrative licenses [1] Group 2 - Guangdong Huazhiyuan Information Engineering Co., Ltd. was established in 2003, located in Guangzhou, primarily engaged in the manufacturing of computers, communications, and other electronic devices, with a registered capital of 251 million RMB [2] - The company has invested in 8 enterprises, participated in 373 bidding projects, holds 2 trademark records, 319 patent records, and has 17 administrative licenses [2] - Guangzhou Jiadu Urban Rail Intelligent Operation and Maintenance Service Co., Ltd. was established in 2012, located in Guangzhou, primarily engaged in software and information technology services, with a registered capital of 5 million RMB [2] - The company has invested in 1 enterprise, participated in 1 bidding project, holds 311 patent records, and has 11 administrative licenses [2]

声明：市场有风险，投资需谨慎。本文为AI基于第三方数据生成，仅供参考，不构成个人投资建议。 本文源自：市场资讯 国家知识产权局信息显示，联想（北京）有限公司申请一项名为"数据处理方法和电子设备"的专利，公 开号CN121301402A，申请日期为2025年9月。 专利摘要显示，本申请公开了一种数据处理方法和电子设备，电子设备将第一执行数据挂载至数据写入 操作的触发区；第一执行数据为用于将写入的数据转换为向量的执行逻辑数据；响应于数据写入操作， 在将数据写入存储器的过程中，触发第一执行数据的执行，得到数据对应的向量；通过预设存储接口将 向量存储至多个向量数据库中的任意一个；预设存储接口为基于驱动层实现的、用于适配多个向量数据 库的接口。 天眼查资料显示，联想（北京）有限公司，成立于1992年，位于北京市，是一家以从事计算机、通信和 其他电子设备制造业为主的企业。企业注册资本565000万港元。通过天眼查大数据分析，联想（北京） 有限公司共对外投资了107家企业，参与招投标项目5000次，财产线索方面有商标信息1747条，专利信 息5000条，此外企业还拥有行政许可238个。 作者：情报员 ...

太强了！今日（1月9日），AI应用端大涨，聚焦数据技术、数据安全领域的大数据ETF华宝（516700） 场内价格暴拉3.92%，冲击日线11连阳！ | 序号 | 名称 | 深跌幅 ▼ | 開日留 | 申万一级行业 | 申万二级行业 | 申万三级行业 | 总市值 | 成交額 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 1 | 易点大下 | 20.00% | | 传媒 | 广告营销 | 营销代理 | 249亿 | 61.17亿 | | 2 | 润滑材技 | 15.53% | | 酒信 | 通信服务 | 通信应用增值服务 | 1129亿 | 71.99亿 | | 3 | 税友股份 | 10.00% | Arthand of | 计算机 | IT服务Ⅱ | IT服务Ⅲ | 289亿 | 5.80亿 | | 4 | 良飞致招 | 9.71% | mar | 通信 | 通信服务 | 通信应用增值服务 | 224亿 | 32.92亿 | | રે | 深信服 | 8.30% | --- | 计算机 | 软件开发 | 標向通用软件 | 557亿 | ...

国家知识产权局信息显示，北京四方继保自动化股份有限公司取得一项名为"一种通过流设备接口实现 外设的快速操作的方法和系统"的专利，授权公告号CN115658573B，申请日期为2022年9月。 来源：市场资讯 北京四方继保自动化股份有限公司，成立于1994年，位于北京市，是一家以从事计算机、通信和其他电 子设备制造业为主的企业。企业注册资本83343.6万人民币。通过天眼查大数据分析，北京四方继保自 动化股份有限公司共对外投资了22家企业，参与招投标项目5000次，财产线索方面有商标信息42条，专 利信息1778条，此外企业还拥有行政许可41个。 声明：市场有风险，投资需谨慎。本文为AI基于第三方数据生成，仅供参考，不构成个人投资建议。 天眼查资料显示，北京四方继保工程技术有限公司，成立于2003年，位于北京市，是一家以从事电气机 械和器材制造业为主的企业。企业注册资本105000万人民币。通过天眼查大数据分析，北京四方继保工 程技术有限公司共对外投资了5家企业，参与招投标项目5000次，专利信息904条，此外企业还拥有行政 许可13个。 ...