佳都科技集团股份有限公司 2025 年第五次临时股东会会议资料 佳都科技集团股份有限公司 佳都科技集团股份有限公司 2025 年第五次临时股东会会议资料 佳都科技集团股份有限公司 现场会议时间：2025 年 7 月 18 日 14:30 网络投票时间： 交易系统投票平台投票时间 2025 年 7 月 18 日 9:15-9:25，9:30-11:30，13:00-15:00 互联网投票平台投票时间 2025 年 7 月 18 日 9:15-15:00 现场会议地点：广州市天河区新岑四路 2 号公司三楼会议室 参会人员：2025 年 7 月 11 日在册的全体股东，公司董事及高级管理人员 会议议程： 一、审议议案（请宣读人介绍重点内容，请参会股东参阅书面材料） 序号 议案 页码 关于聘请公司发行 H 股股票并在香港联合交易所有限公司上市审计 机构的议案 二、讨论议案，股东发言。 发言注意事项：股东要求发言时，应在会前进行登记；在股东会召开过程中， 股东临时要求口头发言或就有关问题提出质询，应当经会议主持人同意，方可发言 或提出问题；股东发言时，应当首先报告股东姓名（或名称）；股东要求发言时不 得打断会议报告人的 ...

减排需求从未像现在这样迫切。若要避免气候变化造成的最严重影响，全球年排放量必须开始下 降。那么，中国是如何实现这一目标的呢？ 新加坡《商业时报》7月9日文章，原题：最新报告：中国加快推动可再生能源发展热潮 一份9日发 布的报告称，中国正在加快开展其创纪录的可再生能源行动，今年新增的风电和太阳能发电装机容量将 增至去年的1.5倍，占全球在建装机容量的3/4。中国是可再生能源领域的全球引领者，新增装机容量的 速度超过任何其他国家。 根据总部位于美国的"全球能源监测"（GEM）组织发布的这份报告，仅今年一年，中国将要建设 的公用事业规模风电和太阳能发电装机容量就高达510吉瓦，较去年同期增加57%，而去年中国的新增 装机容量就远超排名其后的其他国家。 在该报告发布前，另一组研究人员曾在今年5月表示，尽管中国的电力需求迅猛增长，但得益于可 再生能源和核能发电装机容量激增，中国的碳排放量在今年第一季度实现下降。中国寻求将自身定位为 应对气候变化的全球领军者之一，而其主要竞争对手美国则选择退出全球合作行动。（丁雨晴译） 英国广播公司7月9日文章，原题：中国的碳排放量可能正在下降——以下是您应该了解的信息 随 着世界各国竞 ...

Group 1 - The core viewpoint is that China will actively advocate for global open-source cooperation in artificial intelligence, promoting the establishment of a cooperative center with BRICS nations and various organizations [1] - In the first half of this year, the registration of AI-related companies in China increased by 36.58% year-on-year, with a total of 36.6 million companies registered so far this year [2] - There are currently 2.3013 million AI-related companies in China, with over 60% of them established within the last three years [3] Group 2 - The majority of AI-related companies are concentrated in the information transmission, software, and IT services sectors, accounting for 29.88% and 29.70% respectively [4] - Additionally, AI-related companies are also significantly present in wholesale and retail, as well as leasing and business services, with respective shares of 15.64% and 11.29% [4]

Company Overview - Megatech Technology Co., Ltd. submitted its prospectus to the Hong Kong Stock Exchange for an IPO, with Morgan Stanley, Huatai International, Deutsche Bank, and Jianyin International as joint sponsors [1] - Founded in 2016, Megatech is a leading provider of autonomous intelligent systems in China's robotics application sector, valued at over 10 billion [1][3] - The company has completed nine rounds of financing prior to the IPO submission [1] Financial Performance - Revenue is projected to grow from 455 million yuan in 2022 to 930 million yuan in 2024, with a compound annual growth rate (CAGR) of 43.0% [2] - The smart laboratory business is expected to increase from 161 million yuan in 2023 to 295 million yuan in 2024, a year-on-year growth of 83.0% [2] - The intelligent manufacturing business is anticipated to rise from 502 million yuan in 2023 to 635 million yuan in 2024, a year-on-year growth of 26.5% [2] - Despite revenue growth, the company has incurred cumulative losses exceeding 2.2 billion yuan from 2022 to 2024, with an adjusted net loss margin improving from 71.2% in 2022 to 46.3% in 2024 [2] Financing History - The company completed its angel round of financing in June 2017, followed by a series of funding rounds, including a $65 million Series B round led by WuXi AppTec in May 2021 [3] - As of the prospectus submission, Megatech has completed eight rounds of financing with a strong shareholder base, including notable investment firms and industry giants [3] - The company achieved a valuation exceeding $1 billion after its Series C financing in 2022, entering the "unicorn" category [3] Core Business Segments - Megatech focuses on autonomous intelligent systems, with two main business segments: smart laboratories and intelligent manufacturing [4] - In the smart laboratory sector, the company offers comprehensive services for the life sciences industry, enhancing automation and efficiency through proprietary intelligent systems [4] - The intelligent manufacturing segment, supported by partnerships with industrial giants, targets high-end manufacturing sectors, contributing significantly to revenue growth [4] Industry Trends - The global autonomous intelligent systems robotics market is experiencing rapid growth, projected to expand from 31.8 billion yuan in 2020 to 114.3 billion yuan in 2024, with a CAGR of 37% [5] - The Chinese robotics industry is entering a phase of technological innovation and large-scale application, with significant demand for high-end talent in the field [5] - Government policies are encouraging increased R&D investment in intelligent robotics, positioning the sector as a strategic emerging industry [5] Use of IPO Proceeds - The funds raised from the IPO are intended for technology and product R&D, capacity expansion, sales network enhancement, and brand building [6][7] - The company also aims to seek strategic alliances and investment opportunities through the proceeds [7]

Group 1 - The current geopolitical situation is prompting countries to seek new foreign direct investment (FDI) opportunities and cross-border trade relationships, with China positioned to fill this gap [2] - While the overseas expansion of Chinese companies may not become easier, conditions have improved compared to one or two years ago, necessitating cautious strategic planning and clear corporate narratives [2] - There is a strong momentum in China's business and innovation ecosystem, as observed by industry leaders at events like the Summer Davos [2] Group 2 - Many Chinese companies are now positioned higher in the industrial value chain and are producing some of the most innovative products, particularly in electric vehicles and clean technology [3] - The urgent challenge for Chinese companies is to effectively showcase themselves to the world, ensuring a clear strategic narrative that defines who they are, what products they offer, and how they benefit local markets [3]

2025 年 07 月 10 日 jianyuhan@kysec.cn 证书编号：S0790525050005 当前次新股之风再起 自 2024 年 9 月起，次新股开始重新占优。万得次新股指数从创立至今，行情走势分 为两段：第一段 2018 年 5 月至 2021 年 12 月，指数相对走势大幅上涨，累计涨幅 2735.00%；第二段 2022 年 1 月至今，相对走势呈现宽幅震荡格局，表现为先上涨、 后下跌，再上涨；但自 2024 年 9 月至今，次新股开始重新占优，相对走势触底后中 枢大幅抬升，呈向上趋势。 基金在次新股上的持仓较少，拥挤度低，未来存在较大提升空间。根据基金重仓股 的上市时长分析，基金在次新股上存在欠配，表现为"关注但仓位轻"，其中有未解 禁的原因。一旦股票的上市时长从 3 年提升至 6 年，次新股的商业模式得到认可和 时间考验，基金对其的关注度和仓位大幅提升。 经济信心提升下，次新股扬帆起航 策略研究团队 ——投资策略专题 韦冀星（分析师） 简宇涵（分析师） weijixing@kysec.cn 证书编号：S0790524030002 次新股何时占优——相对经济信心的提升带来的风偏上行 ...

Group 1 - The stock of Jingbeifang (002987) decreased by 7.11% today, with a trading volume of 4.124 billion yuan and a turnover rate of 19.07% [1] - The post-market data shows that the Shenzhen Stock Connect special seat bought 291 million yuan and sold 219 million yuan, resulting in a net purchase of 111 million yuan by two institutional special seats [1]

Core Perspective - The digitalization of real-world assets (RWA) combined with artificial general intelligence (AGI) is a central theme driving global industrial transformation in the Web3 era [1] Group 1: Challenges for SMEs - SMEs face significant financing barriers in the traditional economic system, where asset value is hard to prove and projects often fail to meet financing thresholds [2] - Traditional financial systems rely on collateral and credit assessments, limiting the recognition of underlying real assets, which leads to high-potential enterprises being excluded from financing [4] - Information asymmetry and lack of trust result in undervaluation of assets, preventing precise matching of funds to real needs, thus stifling enterprise growth [4] Group 2: RWA as a Digital Upgrade Engine - RWA refers to the tokenization of real-world assets using blockchain technology, enabling the certification, standardization, and digital circulation of assets like real estate, intellectual property, and more [5] - RWA enhances asset transparency and liquidity, creating a pathway for SMEs to convert assets into capital [5] Group 3: Future Cloud Initiatives - Future Cloud aims to be a leading AGI-driven RWA lifecycle service provider, utilizing cutting-edge technologies to create digital asset solutions for SMEs [6] - The platform offers a comprehensive closed-loop system covering asset certification, data collection, token issuance, financing matchmaking, and profit distribution [6] Group 4: RWA Solutions by Future Cloud - Future Cloud's RWA solutions focus on reconstructing asset certification methods, circulation paths, and trust logic from the ground up [13] - The company enables asset tokenization to lower financing barriers, allowing small assets to leverage larger financing opportunities [15] - A trustworthy data system is established through physical "cloud boxes" for automatic data collection and AI verification, ensuring traceability and building a trust framework [16] - Smart contracts facilitate automated execution of profit collection, distribution, and exit processes without intermediaries [17] - Multiple exit mechanisms, such as secondary market transfers and reinvestment of profits, enhance liquidity and market participation of RWA tokens [18] Group 5: Vision and Values - Future Cloud positions itself as a bridge between the old and new worlds, emphasizing the importance of reconstructing "trustworthy assets" for future pathways [20] - The company is committed to innovation, trust, verifiable value, and practical responsibility in the digital asset space, aiming to build an intelligent, standardized, and global value infrastructure for SMEs [20] - By leveraging RWA and AGI, Future Cloud seeks to elevate China's real value on the global capital stage [21]

Group 1 - The core focus of the news is on the rapid development of major scientific and technological infrastructure in Anhui during the 14th Five-Year Plan period, particularly in fields like nuclear fusion, quantum information, and deep space exploration [1][10] - The Hefei Fusion Reactor Park is highlighted as a significant site for testing and installing key components of the "artificial sun," with ongoing integration tests for various systems [3][6] - The concept of the "artificial sun" is explained, emphasizing its potential to generate energy through nuclear fusion, with one liter of seawater yielding energy equivalent to 300 liters of gasoline, producing only helium and water as byproducts [5][7] Group 2 - The Hefei Fusion Reactor Park is expected to become the most advanced and comprehensive research and testing platform in the international fusion field, with the compact fusion energy experimental device BEST projected to be completed by the end of 2027 [7][19] - The development of large scientific devices in Hefei is accelerating, with multiple projects underway, including the Hefei Advanced Light Source, which is set to be completed by the end of 2026 [9][10] - The integration of large scientific devices and cutting-edge technologies is seen as a "treasure trove" for technological innovation, with potential for new applications emerging from these projects [10][11] Group 3 - The nuclear fusion project is expected to significantly boost the industrial chain, with an estimated investment of 10 billion yuan potentially leading to 100 billion yuan in industrial upgrades [19][30] - The article discusses the challenges of transforming scientific research into commercial applications, highlighting the need for real-world testing and collaboration between large enterprises and small tech firms [21][24] - Anhui's government has established a scene innovation promotion office to address the issue of insufficient application scenarios for new technologies, aiming to facilitate the transition from laboratory to market [29][30] Group 4 - The establishment of a scene innovation city alliance among multiple cities aims to break down administrative barriers and promote resource sharing and industrial collaboration [30][31] - Anhui has set up a technology achievement transformation guidance fund, with 18 sub-funds established by mid-2025, investing nearly 2.4 billion yuan in various projects [35][39] - The province has organized technology innovation achievement transformation fairs, with over 1,800 participating companies and more than 400 projects launched, involving over 26 billion yuan in funding [37][39]

Core Points - The third National Postdoctoral Innovation and Entrepreneurship Competition's Beijing preliminary round has commenced, featuring 327 high-quality projects, a 48.6% increase from last year [1][3][4] - The competition aims to select 28 projects to form the Beijing representative team for the national semi-finals and finals [1][3] Group 1: Competition Overview - The National Postdoctoral Innovation and Entrepreneurship Competition is the largest and most comprehensive national event since the implementation of the postdoctoral system in China [3] - Awards include gold, silver, bronze, and excellence prizes, with monetary rewards of 100,000 yuan for gold, 50,000 yuan for silver, and 20,000 yuan for bronze [3] - The Beijing preliminary round is specifically organized to select outstanding projects and talents from the region [3] Group 2: Project Categories and Participation - The preliminary round is divided into two categories: innovation and entrepreneurship, covering seven tracks including new generation information technology, high-end equipment manufacturing, and biomedicine [4] - A total of 302 projects are in the innovation category, while 25 projects are in the entrepreneurship category [4] - Currently, there are 749 postdoctoral workstations in Beijing, covering all disciplines except military science, and supporting high-tech enterprises [4] Group 3: Impact and Talent Development - Over 2,200 postdoctoral researchers are currently stationed, with more than 8,000 having entered and 5,000 having exited the program [4] - Postdoctoral talents play a crucial role in addressing major national strategic needs and overcoming critical technological challenges in various industries [4]