Group 1 - The company will participate in the 2025 semi-annual performance briefing for the software industry on September 11, 2025, from 15:00 to 17:00 [1][2] - The briefing will be held at the Shanghai Stock Exchange Roadshow Center and will utilize video and online interaction [1][2] - Investors can submit questions from September 4 to September 10, 2025, through the Roadshow Center website or via the company's email [1][3] Group 2 - Key personnel attending the briefing include the Vice General Manager and Chief Financial Officer, Mr. Zhang Jiayuan, and the Vice General Manager and Board Secretary, Mr. Gao Zhipeng [2] - After the briefing, investors can view the main content and outcomes of the meeting on the Shanghai Stock Exchange Roadshow Center [3]

证券代码：688078 证券简称：龙软科技 公告编号：2025-030 北京龙软科技股份有限公司 关于参加 2025 年半年度科创板软件行业 集体业绩说明会的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 重要内容提示： ? 会议召开时间：2025 年 9 月 11 日（星期四）15:00-17:00 ? 会议召开地点：上证路演中心（http://roadshow.sseinfo.com/） ? 会议召开方式：网络文字互动 ? 投资者可于 2025 年 9 月 4 日（星期四）至 2025 年 9 月 10 日（星期三） 传真等形式将需要了解和关注的问题提前提供给公司。公司将在文字互动环节对 投资者普遍关注的问题进行回答。 北京龙软科技股份有限公司（以下简称"公司"）已于 2025 年 8 月 19 日在 上海证券交易所网站（www.sse.com.cn）发布公司 2025 年半年度报告，为便于 广大投资者更全面深入地了解公司 2025 年半年度经营成果、财务状况、发展理 念，公司计划于 2025 年 9 月 11 ...

Group 1 - The company, Zhongke Xingtou, announced its participation in the 2025 semi-annual performance briefing for the software industry organized by the Shanghai Stock Exchange [2] - The event is scheduled for September 11, 2025, from 15:00 to 17:00 [2]

Core Viewpoint - The overall performance recovery is slowing down, with mid-cap growth stocks showing outstanding growth. The expansion of the AI trend and manufacturing overseas is expected to drive continued capacity cycle expansion, maintaining a differentiated structure of cyclical growth [1][2]. Group 1: Overall Performance - In H1 2025, the net profit of the entire A-share non-financial sector increased by 1.59% year-on-year, with revenue growth at 0.66%, indicating strong resilience despite rising operating costs leading to a narrowing of gross profit growth [2]. - The performance growth is differentiated across sectors, with the main board, ChiNext, and North Exchange showing a slowdown, while the growth of the Sci-Tech Innovation Board rebounded significantly [2]. - Mid-cap stocks outperformed in growth, while large-cap stocks showed resilience, and small-cap stocks experienced a noticeable decline [2]. Group 2: Sector Performance - The technology growth sector, including optical electronics, semiconductors, and communication equipment, continued to show high prosperity driven by overseas AI investments and domestic substitution demand [3]. - The cyclical sector faced pressure, but precious metals and minor metals still grew rapidly due to rising expectations of overseas interest rate cuts and tight supply [3]. - Essential consumption faced general pressure, but sectors like breeding, feed, and animal health showed significant growth due to capacity reduction and the expansion of the pet economy [3]. Group 3: Capacity Operation - In Q2 2025, traditional cyclical resources and equipment manufacturing industries are experiencing strong capacity decommissioning intentions, while emerging industries and new materials are showing expansion characteristics [4]. - The capacity utilization rate in emerging technology hardware and some consumer industries remains high, with marginal improvements observed [4]. - The capacity cycle is entering an expansion phase, particularly in emerging technology industries, new consumption, and certain cyclical materials [4].

Group 1 - The company, Gaon Electronics, announced its participation in the 2025 semi-annual performance briefing for the software industry on the Sci-Tech Innovation Board, scheduled for September 11, 2025, from 15:00 to 17:00 [2]

Core Viewpoint - AI is accelerating differentiation in the software industry, leading to a "winner-takes-all" scenario rather than a complete disruption of the SaaS model [1][2][5] Group 1: Impact of AI on Software Industry - AI will create a significant divide in valuations among software companies, with high-growth companies seeing their enterprise value/revenue (EV/Revenue) median nearly double since 2022, reaching 11.7 times, while low-growth companies remain stagnant at around 4.9 times [2][11] - The report outlines three potential scenarios for AI's impact on software vendors: a pessimistic scenario where AI disrupts existing suppliers, a base case where innovative giants successfully commercialize AI products, and an optimistic scenario where existing giants lead AI innovation [6][7][8][9] Group 2: Investment Opportunities - A "weatherproof AI investment portfolio" has been proposed, including companies like Microsoft, MongoDB, and Snowflake, which are expected to benefit from AI-driven data growth and product cycles [4][15] - Microsoft is identified as a core winner due to its investments in AI infrastructure, applications, and search [16] - MongoDB and Snowflake are recognized as leading data management platforms that will benefit from the increasing data volume driven by AI [16] - Companies like Datadog and Dynatrace are well-positioned due to their consumption-based models, which mitigate risks associated with seat-based pricing [17] - CrowdStrike, Palo Alto Networks, and Rubrik are expected to benefit from the critical nature of cybersecurity, maintaining high budget priorities regardless of AI developments [17] - Intuit and Pegasystems are highlighted for their strong market positions, with Intuit leveraging its data footprint and Pegasystems offering unique AI workflow solutions [18]

证券日报网讯 9月3日晚间，龙软科技发布公告称，公司计划于2025年9月11日（星期四）15：00-17： 00参加由上交所主办的2025年半年度科创板软件行业集体业绩说明会。 （文章来源：证券日报） ...

每经头条（nbdtoutiao）——AI内容强制标识"首周"实测：抖音、小红书、微博自动识别"失灵"，AI应 用文本漏标，视频"会员可去水印" 每经AI快讯，宝兰德9月3日晚间发布公告称，截至本公告披露日，北京宝兰德软件股份有限公司持股 5%以上股东北京易东兴股权投资中心（有限合伙）持有公司股份约552万股，占公司总股本的比例为 7.1%；股东赵艳兴先生直接持有公司股份约347万股，占公司总股本的比例为4.46%。相关股份均为无 限售流通股且来源于公司首次公开发行前及资本公积转增股本取得的股份。因自身资金安排，易东兴计 划以集中竞价、大宗交易的方式减持其所持有的公司股份合计减持不超过约116万股，即不超过公司总 股本的1.5%。因个人资金需求，赵艳兴先生计划以集中竞价、大宗交易的方式减持其所持有的公司股 份合计减持不超过约116万股，即不超过公司总股本的1.5%。 （记者 曾健辉） ...

Core Insights - AIGC software company Wanjing Technology has been actively engaging with 49 renowned institutions, including Morgan Stanley and CICC, to discuss its achievements and future strategies for 2025 [1] - The company emphasizes that the next decade will be a golden window for the deep integration of AI technology and industry, with AI models serving as new productivity tools [1][4] - Wanjing Technology is focusing on three main directions: a dual-model strategy, a multi-end product strategy, and building an AI application ecosystem [1][2] Group 1 - The company is committed to a "dual-model drive" strategy, focusing on next-generation technologies such as multi-modal and intelligent agents, and aims to enhance user engagement through AI agents [1][4] - Wanjing Technology's mobile product development is based on deep insights into user needs in mobile scenarios, leading to significant user growth and increased commercial potential [2] - The company has seen over 100% year-on-year growth in mobile product revenue, which now accounts for over 20% of software revenue, contributing to overall revenue acceleration [5] Group 2 - The company has introduced new AI-native applications, achieving over 200% year-on-year growth in AI application revenue, with AI server calls exceeding 500 million times [5] - Wanjing Technology is recognized as a leading player in the digital creative software sector in China, with a broad product range and significant global presence, often referred to as the "Chinese version of Adobe" [5] - The management is focused on enhancing organizational efficiency and innovation by embracing AI tools and attracting top talent [4]

Key Points - The report highlights that the US ISM Manufacturing Index slightly increased to 48.7 in August, which is below market expectations [4] - The Eurozone's CPI rose by 2.1% year-on-year in August, against expectations of remaining flat at 2% [4] - China's new account openings in August reached 2.65 million, marking a year-on-year increase of 165% [4] - Software business revenue in China grew by 12.3% year-on-year in the first seven months [4] - There is a surge in overseas demand for energy storage, leading to full order schedules for domestic battery manufacturers [4] - Yushutech announced plans to submit an IPO application in the fourth quarter [4] - Nvidia denied rumors of shortages for H100/H200 chips, stating that inventory is sufficient to meet order demands [4] - OpenAI has acquired Statsig for $1.1 billion [4] Economic Data Summary - The Baltic Dry Index closed at 2024.00, down 0.05% [5] - The Nasdaq Index closed at 21279.63, down 0.82% [5] - The Dow Jones Industrial Average closed at 45295.81, down 0.55% [5] - The S&P 500 closed at 6415.54, down 0.69% [5] - The ICE Brent Crude Oil price was $69.07, up 1.35% [5] - The USD/CNY exchange rate (CFETS) was 7.13, unchanged [5] - The Hang Seng Index closed at 25496.55, down 0.47% [5] - The Shanghai Composite Index closed at 3858.13, down 0.45% [5]