Core Insights - Box and TCS have announced a strategic partnership aimed at enhancing digital transformation through intelligent content management [1] Company Overview - Box is a cloud content management platform that enables organizations to manage and share their content securely [1] - TCS (Tata Consultancy Services) is a leading global IT services, consulting, and business solutions organization [1] Strategic Partnership Details - The partnership focuses on leveraging Box's content management capabilities alongside TCS's expertise in digital transformation [1] - This collaboration is expected to help organizations streamline their operations and improve efficiency through intelligent content management solutions [1] Market Implications - The alliance positions both companies to capitalize on the growing demand for digital transformation services across various industries [1] - By combining their strengths, Box and TCS aim to provide enhanced solutions that meet the evolving needs of businesses in managing their digital content [1]

Core Points - A new company, Jiangxi Whale Eye Technology Co., Ltd., has been established in Shangrao City with a registered capital of 50,000 RMB [1] - The legal representative of the company is Rao Dayang [1] Business Scope - The company is authorized to engage in the second category of value-added telecommunications services, subject to approval from relevant authorities [1] - General business activities include technology services, development, consulting, exchange, transfer, promotion, software development, IoT technology services, big data services, 5G communication technology services, information system integration services, internet data services, geographic remote sensing information services, data processing services, data processing and storage support services, digital technology services, IT consulting services, and management consulting [1] - The company also engages in advertising design, agency, production, publication, marketing planning, and software sales, operating independently under its business license for non-licensed projects [1]

Core Insights - Hefei Wanchizhi Chuang Information Technology Co., Ltd. has been established with a registered capital of 500,000 RMB [1] - The company is involved in a wide range of services including computer system services, information system integration, integrated circuit design, and manufacturing of intelligent vehicle-mounted equipment [1] Company Overview - The legal representative of the company is Li Xingzhi [1] - The business scope includes general projects such as software development, internet data services, and information technology consulting [1] - The company also engages in the sales of new energy vehicles and various electronic products [1] Industry Implications - The establishment of the company reflects the growing demand for intelligent vehicle technology and integrated circuit design within the technology sector [1] - The inclusion of artificial intelligence application software development indicates a focus on advanced technology solutions [1]

Core Insights - A new company named Qiqihar Huayou Information Technology Co., Ltd. has been established with a registered capital of 100,000 RMB [1] Company Overview - The legal representative of the company is Cao Longjie [1] - The company operates in various fields including information system integration services, artificial intelligence application software development, and artificial intelligence foundational software development [1] - The company’s business scope includes a wide range of services such as AI public data platforms, AI hardware sales, and smart device manufacturing [1] Industry Focus - The company is involved in the development and integration of AI applications across multiple sectors, including smart agriculture, industrial internet data services, and blockchain technology [1] - It also focuses on manufacturing smart devices for various applications, including wearable technology, smart home devices, and intelligent drones [1] - The company aims to provide comprehensive data services, including big data services, data processing, and satellite remote sensing data processing [1]

Core Insights - Chengdu High-tech Zone has recently established Qinghe Information Technology Service Department, a sole proprietorship, with a registered capital of 50,000 RMB [1] Company Overview - The legal representative of the newly established company is Mo Lanxin [1] - The business scope includes a wide range of services such as technology services, development, consulting, and transfer, as well as integrated circuit design and sales [1] Business Activities - The company is involved in the design and sales of integrated circuit chips and products, electronic materials research and sales, and various electronic product sales [1] - It also offers software development and sales, education consulting services (excluding licensed training activities), and information system integration services [1] Technology Focus - The company emphasizes artificial intelligence, providing application software development, foundational resources and technology platforms, and industry application system integration services [1] - Additional services include big data services, cloud computing equipment sales, and communication device sales [1]

Core Insights - Chengdu Hangweiqi Technology Co., Ltd. has been established with a registered capital of 1 million RMB [1] - The legal representative of the company is Zhou You [1] - The business scope includes information system integration services, IT consulting, technical services, sales of electronic products, machinery, and software development [1] Company Overview - Chengdu Hangweiqi Technology Co., Ltd. is newly founded with a focus on various technology and consulting services [1] - The company is authorized to conduct business activities independently based on its business license [1] Business Scope - The company offers a range of services including technical development, consulting, and technology transfer [1] - It also engages in the sale of machinery, electronic products, and computer hardware and software [1] - The company is involved in both retail and wholesale of computer-related products and industrial control systems [1]

天眼查App显示，近日，长沙市安盟兴科技有限公司成立，法定代表人为张志强，注册资本1000万人民 币，经营范围为一般项目：信息系统集成服务;技术服务、技术开发、技术咨询、技术交流、技术转 让、技术推广;软件开发;计算机软硬件及辅助设备零售;机械电气设备销售;电力测功电机销售;工业自动 控制系统装置销售;电子产品销售;环境保护专用设备销售;五金产品零售;五金产品批发;机械设备研发;新 材料技术研发;电线、电缆经营;水污染治理;污水处理及其再生利用;新兴能源技术研发;专业设计服务;环 保咨询服务（除依法须经批准的项目外，自主开展法律法规未禁止、未限制的经营活动）。 ...

Core Viewpoint - Analysts expect IBM to report quarterly earnings of $2.43 per share, reflecting a year-over-year increase of 5.7%, with revenues projected at $16.09 billion, up 7.5% from the previous year [1] Earnings Projections - The consensus EPS estimate has been revised upward by 0.4% over the past 30 days, indicating a collective reassessment by analysts [1][2] Revenue Estimates - Revenue from Software is expected to reach $7.27 billion, an increase of 11.4% year-over-year [4] - Revenue from Consulting is projected at $5.26 billion, suggesting a 2% increase from the prior year [4] - Revenue from Infrastructure is anticipated to be $3.40 billion, reflecting an 11.9% year-over-year change [4] - Revenue from Other is expected to be -$6.47 million, indicating a significant decline of 109.5% from the previous year [5] - Revenue from Infrastructure Support is estimated at $1.25 billion, down 3.9% year-over-year [5] - Revenue from Transaction Processing is projected to reach $2.05 billion, up 7.8% from the prior year [5] - Revenue from Hybrid Infrastructure is forecasted at $2.08 billion, indicating a 15.5% increase year-over-year [6] Profit Estimates - Gross Profit from Consulting is expected to be $1.48 billion, slightly up from $1.46 billion year-over-year [6] - Gross Profit from Infrastructure is projected at $1.82 billion, compared to $1.67 billion in the same quarter last year [6] - Gross Profit from Software is anticipated to be $6.07 billion, up from $5.43 billion year-over-year [7] - Segment Profit from Software is expected to reach $2.32 billion, compared to $1.97 billion in the previous year [7] - Segment Profit from Infrastructure is projected at $468.62 million, up from $422.00 million year-over-year [8] Stock Performance - IBM shares have increased by 4.1% over the past month, outperforming the Zacks S&P 500 composite, which moved up by 0.7% [8]

Core Insights - IBM has agreed to acquire Cognitus, a Texas-based provider of SAP S/4HANA services, to enhance its SAP capabilities [1] - The acquisition is subject to customary closing conditions and regulatory approvals, with financial details undisclosed [1] - Cognitus has over 20 years of experience in SAP systems integration, focusing on RISE and GROW with SAP initiatives, and offers AI-enabled software solutions [1][2] Company Offerings - Cognitus provides various software assets, including CIS-GovCon for government contracting, CLM for AI-supported contract lifecycle management, a low-code Data Migration solution for SAP S/4HANA transition, and Real-Time Billing software for high-volume transactions [1] - The tools are designed to streamline processes and enhance efficiency across business operations [2] Strategic Importance - Cognitus is recognized as an SAP Gold & Co-innovation partner, with its products being SAP-endorsed [2] - The acquisition is part of IBM's strategy to invest in capabilities aligned with strategic partners like AWS, Microsoft, Oracle, and Palo Alto Networks [4] Client Benefits - Cognitus CEO stated that joining IBM will enhance their ability to accelerate SAP transformation through innovation, benefiting clients with proven SAP-endorsed solutions [2][3] - Cognitus' offerings support SAP transformation projects throughout their lifecycle, particularly in regulated and complex industry environments [3] Additional Developments - IBM has announced a partnership with Bharti Airtel to support Airtel Cloud, providing access to IBM Power systems portfolio as-a-Service [5] - These services will cater to regulated industries and support IBM Power AIX, IBM i, Linux, and SAP Cloud ERP [6]

The Stock Exchange of Hong Kong Limited and the Securities and Futures Commission take no responsibility for the contents of this Application Proof, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this Application Proof. Application Proof of QST Information Technology Limited 南京擎天全稅通信息科技股份有限公司 (the "Company") (A joint stock company incorporated in the Peo ...