Core Viewpoint - Zhong An Ke's stock price has shown a positive trend with a year-to-date increase of 2.12% and significant growth over the past 60 days, indicating strong market interest and potential for future performance [1]. Financial Performance - For the period from January to September 2025, Zhong An Ke achieved a revenue of 2.365 billion yuan, representing a year-on-year growth of 15.84% [2]. - The net profit attributable to shareholders reached 198 million yuan, marking a substantial increase of 1748.16% compared to the previous year [2]. Shareholder Information - As of September 30, 2025, the number of shareholders increased to 116,900, up by 0.56% from the previous period [2]. - The average number of circulating shares per shareholder decreased by 0.33% to 19,815 shares [2]. Stock Performance and Trading Activity - On January 5, Zhong An Ke's stock price rose by 2.12%, reaching 3.85 yuan per share, with a trading volume of 175 million yuan and a turnover rate of 1.98% [1]. - The stock has seen a net inflow of main funds amounting to 6.75 million yuan, with significant buying activity from large orders [1]. Business Overview - Zhong An Ke, established on December 31, 1991, and listed on December 19, 1990, is based in Wuhan, Hubei Province, and specializes in security system integration, security operation services, and IoT product manufacturing [1]. - The company's revenue composition includes 66.03% from security operation services, 27.76% from smart city system integration, 5.88% from security intelligent product manufacturing, and minor contributions from leasing and other services [1]. Institutional Holdings - As of September 30, 2025, Hong Kong Central Clearing Limited is the seventh largest circulating shareholder, holding 13.9336 million shares, a decrease of 706,100 shares from the previous period [3]. Dividend Information - Since its A-share listing, Zhong An Ke has distributed a total of 351 million yuan in dividends, with no dividends paid in the last three years [3].

Core Viewpoint - The stock of Beijing Beixin Source Software Co., Ltd. has shown a modest increase of 2.28% on January 5, 2025, with a total market capitalization of 9.09 billion yuan, despite a net outflow of main funds [1] Group 1: Company Overview - Beijing Beixin Source Software Co., Ltd. was established on May 28, 1996, and listed on September 12, 2012 [1] - The company specializes in the research, production, sales, and technical services of information security software products, serving key sectors such as government, military, finance, and energy [1] - The revenue composition of the company includes software products (51.85%), technical services (22.30%), system integration (16.47%), and others (9.37%) [1] Group 2: Financial Performance - For the period from January to September 2025, the company reported a revenue of 116 million yuan, a year-on-year decrease of 69.30%, and a net profit attributable to shareholders of -166 million yuan, a decrease of 249.84% [2] - Cumulative cash dividends since the A-share listing amount to 117 million yuan, with no dividends paid in the last three years [3] Group 3: Shareholder Information - As of September 30, 2025, the number of shareholders is 95,100, a decrease of 5.05% from the previous period, with an average of 13,422 circulating shares per person, an increase of 5.32% [2] - The second-largest circulating shareholder is Hong Kong Central Clearing Limited, holding 15.12 million shares, an increase of 7.80 million shares from the previous period [3]

Core Viewpoint - Recently, Zhixueyun (Tianjin) Technology Co., Ltd. was established with a registered capital of 10 million RMB, fully owned by Zhixueyun (Beijing) Technology Co., Ltd. [1] Company Information - Company Name: Zhixueyun (Tianjin) Technology Co., Ltd. [1] - Legal Representative: Pan Ying [1] - Registered Capital: 10 million RMB [1] - Shareholding Structure: 100% owned by Zhixueyun (Beijing) Technology Co., Ltd. [1] - Business Scope: Includes technology services, development, consulting, enterprise management consulting, sales of single-purpose commercial prepaid cards, information consulting services (excluding licensed information consulting), retail and wholesale of computer hardware and software, sales of communication equipment, and various other services [1] Industry Classification - National Standard Industry: Information transmission, software, and information technology services [1] - Subcategory: Software development [1] - Business Address: Tianjin Binhai High-tech Zone, Huayuan Industrial Park, Haitai West Road, No. 18, Zhongnan Building-302 [1] - Company Type: Limited liability company (sole proprietorship) [1] - Business Duration: Until January 4, 2026, with no fixed term [1] - Registration Authority: Tianjin Binhai High-tech Industrial Development Zone Market Supervision Administration [1]

Group 1 - The core viewpoint is that the bull market remains intact, with an early onset of spring rally driven by multiple positive factors leading into 2026, which is expected to be a significant year for the market [1] - Macro policy cycles indicate that 2026 marks the beginning of the "14th Five-Year Plan," with various departments actively rolling out supportive industrial policies and investment plans, creating a favorable liquidity environment [1] - Institutional funds, particularly represented by stock ETFs, have shown signs of early entry into the market, with foreign capital expected to return due to currency appreciation, enhancing the spring market trend [1] Group 2 - The A-share market showed mixed performance last Wednesday, with the Shanghai Composite Index experiencing narrow fluctuations, while the Shenzhen Component and ChiNext Index initially opened high but later retreated [2] - Certain sectors such as aerospace, software development, non-ferrous metals, and internet services performed well, while industries like pharmaceutical commerce, precious metals, shipbuilding, and batteries lagged [2] - The market anticipates that the Federal Reserve will continue its interest rate cut cycle in 2026, contributing to a more accommodative global liquidity environment [2] Group 3 - The A-share market's three major indices exhibited mixed results last Wednesday, with total trading volume exceeding 2 trillion yuan, a decrease of over 100 billion yuan from the previous trading day [3] - Technical analysis indicates that the Shanghai Composite Index is in a state of indecision, yet remains within a bullish range, with key support levels not breached [3] - The market has shown signs of liquidity-driven characteristics, and while there may be fluctuations at the beginning of the year, the overall market is expected to maintain upward potential before the Spring Festival [3]

Company Overview - Shenzhen Feiyao Technology Co., Ltd. has been established with a registered capital of 3 million RMB [1] - The legal representative is Zeng Xiangjun [1] - The company is co-owned by Fanwei Zhizao (Huizhou) Technology Co., Ltd. with a 70% stake and Suzhou Chaoli Intelligent Technology Co., Ltd. with a 30% stake [1] Business Scope - The business scope includes general operations such as software development, information technology consulting services, and information consulting services (excluding licensed information consulting services) [1] - There are no licensed business projects listed for the company [1] Company Details - The company is classified under the national standard industry of information transmission, software, and information technology services [1] - The registered address is located in Nanshan District, Shenzhen [1] - The company is structured as a limited liability company with an indefinite business term starting from January 4, 2026 [1]

Core Viewpoint - The company has signed a cooperation agreement with Jiangxi Shenzhou Liuhe Helicopter Co., Ltd. to jointly develop and produce heavy-lift drones, marking an entry into a new business area for the company [3][10]. Group 1: Agreement Overview - The cooperation agreement involves a total investment of RMB 60 million for the development of the drone products, with payments made in stages by the company's subsidiary [3][6]. - The agreement has been approved internally by both parties and does not require further approval from the company's board or shareholders, thus not constituting a related party transaction or a major asset restructuring [3][4]. Group 2: Partner Information - Jiangxi Shenzhou Liuhe Helicopter Co., Ltd. has a registered capital of RMB 14.6415 million and specializes in the design, manufacturing, and maintenance of helicopters and drones [4]. - The company is not listed as a dishonest executor in public records, indicating a stable operational background [5]. Group 3: Cooperation Details - The agreement stipulates that the company's subsidiary will be the exclusive distributor for the developed products in both domestic and global civil markets, responsible for market development and customer adaptation [6][11]. - The agreement is valid for three years and can be extended or renewed upon mutual consent [7]. Group 4: Impact on the Company - This collaboration aims to expand the company's business growth and leverage Shenzhou Liuhe's expertise in aviation technology, which could enhance the company's profitability if the project progresses smoothly [10][11]. - The execution of this agreement is not expected to significantly impact the company's independence or its main business operations [11].

经营范围含一般经营项目是：软件开发；人工智能应用软件开发；网络与信息安全软件开发；技术服 务、技术开发、技术咨询、技术交流、技术转让、技术推广；软件外包服务；技术进出口；货物进出 口；软件销售；互联网销售（除销售需要许可的商品）；信息安全设备销售；计算器设备销售；云计算 设备销售；计算机软硬件及辅助设备批发；信息技术咨询服务；信息咨询服务（不含许可类信息咨询服 务）；广告制作；数字广告制作；广告发布；广告设计、代理；数字广告发布；数字广告设计、代理； 平面设计；计算机软硬件及辅助设备零售；电子产品销售。（除依法须经批准的项目外，凭营业执照依 法自主开展经营活动），许可经营项目是：无 企业名称深圳紫讯信息科技有限公司法定代表人刘志海注册资本1000万人民币国标行业信息传输、软件 和信息技术服务业>软件和信息技术服务业>软件开发地址深圳市前海深港合作区南山街道兴海大道 3040号前海世茂金融中心一期302-045F企业类型有限责任公司(法人独资)营业期限2026-1-4至无固定期 限 天眼查显示，近日，深圳紫讯信息科技有限公司成立，法定代表人为刘志海，注册资本1000万人民币， 由福建紫讯投资有限公司全资持股。 ...

天眼查显示，近日，江西畅泊数字技术有限公司成立，法定代表人为郭健明，注册资本200万人民币， 由江西华红数字产业有限公司全资持股。 经营范围含云计算装备技术服务，信息咨询服务（不含许可类信息咨询服务），信息技术咨询服务，技 术服务、技术开发、技术咨询、技术交流、技术转让、技术推广，物联网技术服务，网络技术服务，工 业机器人制造，停车场服务（除依法须经批准的项目外，凭营业执照依法自主开展经营活动） 企业名称江西畅泊数字技术有限公司法定代表人郭健明注册资本200万人民币国标行业信息传输、软件 和信息技术服务业>软件和信息技术服务业>软件开发地址江西省赣州市赣州经济技术开发区信丰路B21 地块3号楼副楼6层606商业企业类型有限责任公司（非自然人投资或控股的法人独资）营业期限2026-1- 4至无固定期限登记机关赣州经济技术开发区市场监督管理局 来源：市场资讯 序号股东名称持股比例1江西华红数字产业有限公司100% ...

天眼查显示，近日，广东京师在线信息科技有限公司成立，法定代表人为王昂，注册资本500万人民 币，由江西博方硕士在线信息科技有限公司全资持股。 企业名称广东京师在线信息科技有限公司法定代表人王昂注册资本500万人民币国标行业信息传输、软 件和信息技术服务业>软件和信息技术服务业>软件开发地址深圳市南山区粤海街道科技园社区科智西 路1号 科苑西23栋北2160企业类型有限责任公司(法人独资)营业期限2026-1-4至无固定期限 来源：市场资讯 序号股东名称持股比例1江西博方硕士在线信息科技有限公司100% 经营范围含一般经营项目是：技术服务、技术开发、技术咨询、技术交流、技术转让、技术推广；软件 开发；信息系统集成服务；人工智能应用软件开发；信息技术咨询服务；网络与信息安全软件开发；互 联网数据服务；互联网销售（除销售需要许可的商品）；业务培训（不含教育培训、职业技能培训等需 取得许可的培训）；招生辅助服务；广告制作；广告设计、代理；网络技术服务；物联网技术研发；物 联网技术服务；教育咨询服务（不含涉许可审批的教育培训活动）；教育教学检测和评价活动；信息咨 询服务（不含许可类信息咨询服务）；信息系统运行维护服务； ...

企业名称上海乐推易投信息技术有限公司法定代表人徐佳庆注册资本200万人民币国标行业信息传输、 软件和信息技术服务业>软件和信息技术服务业>软件开发地址上海市金山区亭卫公路1000号一层（湾 区科创中心）企业类型有限责任公司（自然人投资或控股的法人独资）营业期限2026-1-4至无固定期限 登记机关金山区市场监管局 经营范围含技术服务、技术开发、技术咨询、技术交流、技术转让、技术推广；信息技术咨询服务；数 字内容制作服务（不含出版发行）；信息咨询服务（不含许可类信息咨询服务）；广告设计、代理；广 告制作；广告发布；数字广告设计、代理；数字广告制作；数字广告发布；信息系统集成服务；数据处 理和存储支持服务；数据处理服务；软件开发；计算机系统服务；信息系统运行维护服务；会议及展览 服务（出国办展须经相关部门审批）；礼仪服务；组织文化艺术交流活动；市场营销策划；企业形象策 划；文艺创作；专业设计服务；图文设计制作；软件销售。（除依法须经批准的项目外，凭营业执照依 法自主开展经营活动） 天眼查显示，近日，上海乐推易投信息技术有限公司成立，法定代表人为徐佳庆，注册资本200万人民 币，由乐推（上海）文化传播有限公司全资持 ...