Core Viewpoint - The company, Hehe Information, plans to issue H shares and list on the Hong Kong Stock Exchange, raising questions among investors given its recent IPO on the STAR Market and substantial cash reserves [1][3]. Financial Position - As of the end of Q1 2025, Hehe Information reported total cash and cash equivalents of 14.71 billion yuan and trading financial assets of 16.72 billion yuan, totaling 31.43 billion yuan [3]. - The company has negligible interest-bearing debt, with total liabilities amounting to only 0.4 billion yuan, resulting in an asset-liability ratio of 22.76% [3][4]. - The company plans to use up to 0.9 billion yuan of idle funds for wealth management [4]. IPO and Fund Utilization - Hehe Information's four IPO fundraising projects have all been delayed, with three projects postponed by two years [5][7]. - The company has already used part of the IPO proceeds to increase capital in three subsidiaries shortly after the funds were received, raising concerns about the intended use of the IPO funds [10][14]. Project Delays - The expected completion dates for three major projects have been extended from December 31, 2024, to December 31, 2026, indicating slow progress [6][8]. - As of the end of 2024, the overall investment progress for the four projects was only 41%, with significant delays attributed to macroeconomic factors and the fast-paced nature of the software industry [7][8]. Capital Increase in Subsidiaries - The company plans to increase capital in subsidiaries Shanghai Linguan and Shanghai Shengteng, with the amounts closely matching the shortfalls in their registered capital [10][13]. - The rationale provided for these capital increases includes optimizing resource allocation and improving project implementation efficiency [10][14].

证券代码：832171 证券简称：志晟信息 公告编号：2025-034 河北志晟信息技术股份有限公司 投资者关系活动记录表 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连 带法律责任。 一、 投资者关系活动类别 □特定对象调研 √业绩说明会 □媒体采访 □现场参观 □其他 二、 投资者关系活动情况 活动时间：2025 年 5 月 9 日（星期五）15：00-16：30 活动地点：本次年度报告业绩说明会在上海证报.中国证券网路演中心 （https://roadshow.cnstock.com/）以网络方式举行。 参会单位及人员：通过网络方式参与公司 2024 年度报告说明会的投资者。 上市公司接待人员：公司董事长、总经理穆志刚先生，公司董事会秘书成灵 灵女士，公司财务总监李萌先生，公司投资者关系负责人赵菁女士，公司保荐代 表人王秀娟女士。 □新闻发布会 □分析师会议 □路演活动 感谢您对公司的关注，谢谢。 三、 投资者关系活动主要内容 在公司 2024 年度报告业绩说明会上，公司就投资者普遍关注的问题进行沟 通交流，主 ...

登录新浪财经APP 搜索【信披】查看更多考评等级 2、经公司自查，并向公司控股股东、实际控制人书面问询确认，除在指定媒体上已公开披露的信息 外，截至本公告披露日，公司、公司控股股东、实际控制人不存在影响公司股票交易异常波动的重大事 项，不存在涉及公司的应披露而未披露的重大信息。在本次股票交易异常波动期间，公司控股股东、实 际控制人不存在买卖公司股票的情形。 3、截至2025年5月7日，公司收盘价为26.32元/股，根据中证指数有限公司发布的数据，公司最新滚动 市盈率为272.76倍，公司所处的软件和信息技术服务业最近一个月平均滚动市盈率为60.34倍。公司市盈 率高于行业市盈率水平。公司特别提醒广大投资者，注意投资风险，理性决策，审慎投资。 一、股票交易异常波动的具体情况 公司股票交易连续3个交易日内（2025年4月30日、5月6日和5月7日）日收盘价格涨幅偏离值累计达到 30%，根据《上海证券交易所科创板股票上市规则》《上海证券交易所交易规则》《实时监控细则》等 有关规定，属于股票交易异常波动。 二、公司关注并核实的相关情况 根据上海证券交易所的相关规定，公司对相关问题进行了必要核实。现将相关情况说明如下： ...

Core Viewpoint - After two years of setbacks in the IPO process, AI unicorn Siboer plans to restart its IPO journey, focusing on the large model era [1][2] Company Overview - Siboer Technology Co., Ltd. was founded in 2007 in Cambridge, UK, focusing on intelligent voice language technology [8] - The company has completed eight rounds of financing before its IPO attempt, raising over 1 billion yuan, with notable investors including Alibaba and Foxconn [8] - As of 2024, Siboer is valued at 10 billion yuan according to the Hurun China Unicorn List [8] IPO Attempts - Siboer's IPO application was accepted by the Shanghai Stock Exchange on July 15, 2022, but was ultimately terminated in May 2023 due to insufficient disclosure regarding future revenue growth and negative net asset risks [4][6] - The company had planned to issue up to 40.01 million shares to raise 1.033 billion yuan, with an estimated market value of 10.3 billion yuan [8] Financial Performance - Siboer's revenue from 2019 to 2022 showed a growth trend: 115 million, 237 million, 307 million, and 423 million yuan, respectively, while net losses were 283 million, 215 million, 335 million, and 297 million yuan [9] - R&D investments during the same period were significant, with percentages of revenue being 173.35%, 86.26%, 93.25%, and 74.04% [9] Market Position and Strategy - Siboer specializes in human-computer dialogue solutions, with a complete technology chain covering signal processing, speech recognition, natural language understanding, and knowledge graphs [7] - The company is currently focusing on the "cloud + chip" strategy, accelerating the deployment of its self-developed industry language model DFM-2 in various sectors including automotive and IoT [10]

Core Viewpoint - The company focuses on the industrial internet sector, particularly in the coal mining industry, leveraging advanced technologies to enhance operational efficiency and safety while transitioning towards a data-driven manufacturing paradigm [2][6][8]. Company Overview - The company specializes in industrial internet, integrating IoT, digital twins, AI, and communication technologies to create a smart ecosystem in industrial manufacturing [2][4]. - The main products include smart mining information systems, which consist of various platforms and monitoring systems tailored to meet specific client needs [3][4]. Industry Situation - The smart mining industry aims to enhance safety, efficiency, and reduce manpower through the integration of advanced technologies like AI and IoT [5][8]. - China is experiencing a surge in energy demand, with coal remaining a primary energy source due to its resource endowment, despite the growth of renewable energy [6][7]. - The government has established a comprehensive policy framework to support the intelligent transformation of coal mining, including guidelines and financial incentives [7][9]. Technological Advancements - The company is positioned as a leader in the smart mining sector, with capabilities spanning perception, transmission, and intelligent application layers [14]. - The development of intelligent robots and autonomous driving technologies in mining is gaining momentum, with significant policy support aimed at enhancing safety and operational efficiency [11][14]. Financial Data and Indicators - The company has not needed to restate previous financial data, indicating stable financial reporting practices [15]. - There are no significant discrepancies between the reported financial indicators and previously disclosed quarterly or semi-annual reports [15].

Core Viewpoint - Beijing Zhiyu Huazhang Technology Co., Ltd. (referred to as "Zhiyu") has officially initiated the A-share IPO counseling process, marking the first listed company in the domestic "AI Six Dragons" sector [1][3]. Group 1: IPO Counseling and Timeline - Zhiyu signed a counseling agreement with China International Capital Corporation on March 31, 2025, aiming to complete the counseling plan by October 2025 [2][10]. - The IPO counseling marks a significant step for Zhiyu, which has undergone a name change and is preparing for its public offering [3][4]. Group 2: Technological Advancements - Founded in June 2019, Zhiyu's core team originates from Tsinghua University's Knowledge Engineering Laboratory, with founder Tang Jie being a recognized authority in the AI field [4]. - Zhiyu has developed several significant models, including the GLM architecture and the GLM-130B model, which broke new ground in the domestic large model open-source space [4][6]. Group 3: Capital Injection and Financial Backing - Zhiyu has completed 15 rounds of financing since its establishment, raising over 16 billion RMB, with significant investments from major players like Sequoia, Hillhouse, Tencent, and Alibaba [6][8]. - The company’s valuation has surged to over 30 billion RMB following recent investments, indicating strong market confidence [8]. Group 4: Market Challenges and Commercialization - Despite its advancements, Zhiyu faces challenges in finding the optimal commercialization path, with high operational costs and reliance on a concentrated customer base [12]. - The company’s revenue is heavily dependent on government and state-owned enterprises, with over 60% of orders coming from these sectors [12]. Group 5: Future Outlook - The IPO is seen as a critical juncture for Zhiyu, transitioning from reliance on capital infusion to self-sustaining growth [12]. - The company must address its current losses and innovate its profit model to ensure successful market entry post-IPO [12].

4月7日，据财联社，微软中国方面在发给记者的正式声明中回应了关于微软在中国停止运营 的传闻。声明称： "有关微软将停止在中国运营的报道，信息不实。有关微创Wi c r e s o ft公司 的业务和运营的任何问题应直接向他们咨询。" 股东信息显示，该公司由浙大网新科技股份有限公司、微软公司等共同持股，其中微软公司 持股2 2 . 3 2%。 | | 安公司 都在用的商业查询工具 | 查考板 查风险 查关系 | | | | | | --- | --- | --- | --- | --- | --- | --- | | | 受印上提供中中建设之分之中 | 上海微创软件股份有限公司 | 区 天眼一下 | | ■ 应用 。 合作通道 · 企业级产品 · | | | 基本信息 179 | 法律诉讼 8 | 经营风险 4 | 经营信息 999+ | 公司发展 28 | 知识产权 278 | 历史信息 189 ② | | 工商信息 历史工商信息> ▲ ◎ 查看工商快照 | | | | | | 전 응원 2天眼查 | | 企业名称 | 上海微创软件股份有限公司 | | | | | | | | 曾用名 上海微创软件有限公司 | ...

苏州浩辰软件股份有限公司 首次公开发行股票并在科创板上市 发行公告 保荐人（主承销商）：中信建投证券股份有限公司 重要提示 苏州浩辰软件股份有限公司（以下简称"浩辰软件"、"发行人"或"公司"） 根据中国证券监督管理委员会（以下简称"中国证监会"、"证监会"）颁布的 《证券发行与承销管理办法》（证监会令〔第 208 号〕）（以下简称"《管理办 法》"）、《首次公开发行股票注册管理办法》（证监会令〔第 205 号〕），上 海证券交易所（以下简称"上交所"）颁布的《上海证券交易所首次公开发行证 券发行与承销业务实施细则》（上证发〔2023〕33 号）（以下简称"《实施细 则》"）、《上海市场首次公开发行股票网上发行实施细则（2023 年修订）》（上 证发〔2023〕35 号）（以下简称"《网上发行实施细则》"）、《上海市场首次 公开发行股票网下发行实施细则（2023 年修订）》（上证发〔2023〕36 号）（以 下简称"《网下发行实施细则》"），中国证券业协会颁布的《首次公开发行证 券承销业务规则》（中证协发〔2023〕18 号）（以下简称"《承销业务规则》"） 以及《首次公开发行证券网下投资者管理规则》和《首次 ...

保荐人（主承销商）：中信建投证券股份有限公司 苏州浩辰软件股份有限公司 首次公开发行股票并在科创板上市 招股意向书提示性公告 扫描二维码查阅公告全文 苏州浩辰软件股份有限公司（以下简称"浩辰软件"、"发行人"或"公 司"）首次公开发行股票并在科创板上市的申请已经上海证券交易所（以下简称 "上交所"）科创板上市委员会审议通过，并已经中国证券监督管理委员会（以 下简称"中国证监会"）证监许可〔2023〕1628 号文同意注册。《苏州浩辰软件 股份有限公司首次公开发行股票并在科创板上市招股意向书》及附录在上海证券 交易所网站（http://www.sse.com.cn/）和符合中国证监会规定条件网站（中证网： http://www.cs.com.cn；中国证券网：http://www.cnstock.com；证券时报网： http://www.stcn.com；证券日报网：http://www.zqrb.cn）披露，并置备于发行人、 上交所、本次发行保荐人（主承销商）中信建投证券股份有限公司的住所，供公 众查阅。 敬请投资者重点关注本次发行流程、网上网下申购及缴款、弃购股份处理等 方面，并认真阅读同日披露于上海证券 ...

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