证券代码：688507 证券简称：索辰科技 公告编号：2025-035 上海索辰信息科技股份有限公司 董事会薪酬与考核委员会 关于公司2025年限制性股票激励计划 首次授予激励对象名单的核查意见及公示情况说明 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。 二、董事会薪酬与考核委员会核查意见 董事会薪酬与考核委员会根据《管理办法》《激励计划（草案）》的有关规 定，对公司《2025 年限制性股票激励计划激励对象名单》进行核查，并发表核 查意见如下： （以下简称《公司法》）《管理办法》等法律法规和规范性文件及《上海索辰信 息科技股份有限公司章程》规定的任职资格。 上海索辰信息科技股份有限公司（以下简称"公司"）于 2025 年 7 月 4 日 分别召开第二届董事会第十六次会议、第二届监事会第十三次会议，审议通过 了《关于 <公司 ensp="ensp" 年限制性股票激励计划="年限制性股票激励计划" 草案="草案"> 及其摘要 的议案》等相 关议案。根据《上市公司股权激励管理办法》（以下简称《管理办法》）的相关 规定，公司对 ...

7个项目在柳州市"人工智能+制造"产业合作交流会上签约 智通财经7月15日电，今日在沪举行的柳州市"人工智能+制造"产业合作交流会上，共有7个投资合作项 目进行签约，总投资额为58.17亿元人民币。签约项目覆盖新质生产力和高端智造领域，如上海拓殷电 子科技技术有限公司的年产400万套高端精密电机智造研发项目、链炘信息科技（上海）有限公司的边 缘智算节点项目等。本次签约以人工智能类合作项目为主，将上海的创新资源与柳州的发展需求相结 合，为柳州人工智能产业高质量发展注入新的活力。 ...

Group 1 - Japan's real wages fell by 2.9% year-on-year in May, marking the largest decline since September 2023, which poses a significant challenge for Prime Minister Kishida ahead of the upcoming elections [1][4] - The nominal wage growth was only 1%, significantly below economists' expectations, primarily due to reduced bonuses [1][4] - The largest labor union, Rengo, reported a 5.25% increase in agreed wages this year, the highest in 34 years, driven by inflation and labor shortages [1][6] Group 2 - Japan's core inflation rate reached 3.7% in May, well above the Bank of Japan's target of 2%, with essential goods and services driving the increase [4] - The ruling Liberal Democratic Party has proposed cash handouts and measures to stimulate wage growth, but recent polls indicate low public support for these initiatives [4][5] - Despite the decline in real wages, the Bank of Japan may still consider further interest rate hikes due to the ongoing nominal wage increases and inflation pressures [4][7] Group 3 - Basic wages increased by 2.1% in May, with stable indicators showing full-time employee wages rising by 2.4%, maintaining growth above 2% for nearly two years [5][6] - Structural labor shortages are pushing companies to raise wages to attract and retain talent, particularly in sectors like information technology [6] - Economic uncertainties, particularly related to U.S. tariff policies, pose risks to wage growth momentum, especially for large manufacturers [6][7]

- The Hang Seng Stock Connect China Technology Index (HSSCITI) reflects the overall performance of mainland Chinese technology leaders listed in Hong Kong. It uses free-float market capitalization weighting, with a 10% cap on individual constituent weights, and adjusts semi-annually in June and December[37][38][39] - The index strictly selects 13 technology-related fields from 105 subcategories, excluding "pseudo-tech" companies, such as semiconductor (703010) and gaming software (702040), which represent high-tech hardware and digital content sectors. This enhances the index's technological purity and representativeness[37][38] - A fast-track inclusion mechanism was introduced in 2024, allowing companies newly listed in Hong Kong and ranked in the top 10 by market capitalization to be quickly added to the index. For example, Kuaishou (1024.HK) benefited from this mechanism. Additionally, a "buffer zone" for ranks 24-36 ensures that quality growth stocks are not excluded due to short-term market fluctuations[38][39] - The index's liquidity requirement mandates a turnover rate of 0.1% or higher for investment-type indices, ensuring active trading of constituent stocks and maintaining index vitality[38] - The HSSCITI index is distinct from other international technology indices, such as the Nasdaq 100 Technology Index (NDXTMC) and the STAR 50 Index, in terms of selection criteria, weighting methods, and risk management strategies. For instance, HSSCITI uses a simple 10% cap on individual stock weights, while NDXTMC employs a two-stage mechanism to limit individual weights to 15% and the top five issuers to 60%[39][40][43]

1. Report Industry Investment Rating - The rating for US stocks is "volatile" [1] 2. Core Viewpoints of the Report - The US economy shows signs of stagflation, and the prospects of fiscal and monetary policies are gradually becoming clear. Although Trump's policies have had less - than - expected impacts, they have changed the market trading logic. The stagflation risk persists, and the path to a soft - landing through interest rate cuts has become more complicated. The high valuation of US stocks is being challenged [1][19]. - Corporate earnings are expected to weaken, but the growth rate remains resilient. The market has continuously lowered its earnings expectations, but it is still estimated that the annual earnings growth rate can reach 9%. The valuation expansion space is limited due to high macro - environment uncertainty [2][69]. - In the third quarter, US stocks still face pressure, with the downside risk higher than the upside risk. However, with the implementation of macro - policies, there is a chance for US stocks to rise in a volatile manner in the second half of the year. It is recommended to use valuation as an anchor and seize the opportunity to allocate assets at low prices during macro - event shocks [3][72] 3. Summary According to the Table of Contents 3.1 2025H1 US Stock Market Review: Macro - Policy Games Increase Market Volatility - In early 2025, after Trump took office, the market traded around his policy paths. In the first quarter, the focus was on reducing government spending, which initially worried the market about a potential recession. However, the actual reduction was far less than expected. Since April, the threat of reciprocal tariffs has affected market sentiment, but the market recovered quickly as tariff negotiations eased [14]. - Although Trump's policies had less - than - expected implementation, they changed the market trading logic. The emergence of DeepSeek weakened the US's technological monopoly, shaking the "American Exceptionalism" and challenging the high valuation of US stocks [19] 3.2 2025H2 US Macroeconomic Outlook 3.2.1 The US Economy Shows Stagflation Characteristics - The US economy is likely to experience mild stagflation in the second half of the year, with the economy continuing to decline and inflation rising. The stock market has not fully priced in the economic downturn [20]. - Hard economic data has not deteriorated significantly, but soft data has been under pressure. Trade policy uncertainties have increased short - term fluctuations in soft data, leading to deviations in private - sector investment and consumption behavior. Consumer and business confidence have been affected, and the "import - rush" effect has overdrafted future consumption and investment capabilities [23]. - Consumer confidence and inflation expectations have fluctuated with trade policies. Although consumer spending has not declined significantly, the growth rate of durable - goods consumption has slowed down after the "import - rush" effect faded. The employment market is gradually weakening, and corporate investment and inventory growth are expected to decline [25][34][43] 3.2.2 The Prospects of Fiscal and Monetary Policies are Gradually Becoming Clear - The effective tariff rate in the US has declined but remains at a high level. After the expiration of the tariff suspension in July, the tariff policy will become clearer. Whether the tariff is extended or implemented, it will help reduce market uncertainty [56]. - The US fiscal policy is still in an expansionary phase. The "Great Beauty Act" is expected to increase the deficit in the next decade. The US government's debt - ceiling issue may lead to an increase in bond supply in the third quarter, increasing the risk of a simultaneous decline in stocks and bonds [58][59][60]. - The Federal Reserve is likely to adopt a cautious approach in the third quarter, waiting to assess the impact of macro - policies on inflation and growth. The market still expects the Fed to cut interest rates, but the rate - cut trading will be more complicated in the second half of the year due to rising inflation [64] 3.3 2025H2 Outlook for US Stock Indexes 3.3.1 Corporate Earnings Expectations Weaken, but Growth Rate Remains Resilient - Affected by the macro - environment, the earnings growth rate of US stocks has reversed its upward trend. The market expects the earnings growth rate to fall to single - digit levels in the next three quarters. However, the performance of corporate earnings in the first quarter was acceptable [67]. - The technology, communication services, utilities, and pharmaceutical sectors have maintained an EPS growth rate of over 10%. The technology sector is still the main driver of net profit growth. Although the market has continuously lowered its earnings expectations, EPS has maintained an upward trend, providing support for the stock index [69] 3.3.2 Valuation Space is Limited and Difficult to Expand Significantly - Since the beginning of the year, the valuation levels of the three major stock indexes have moved away from historical extremes. However, due to high macro - environment uncertainty, the valuation is unlikely to expand significantly. The static valuation is expected to range between 22 and 26 times [70] 3.4 Investment Suggestions - In the third quarter, US stocks still face pressure from tariff negotiations, fiscal policy uncertainties, geopolitical risks, and increased bond supply. The downside risk is higher than the upside risk. - In the second half of the year, with the implementation of macro - policies, there is a chance for US stocks to rise in a volatile manner. It is recommended to use valuation as an anchor and allocate assets at low prices during macro - event shocks. In a pessimistic scenario, the S&P 500 is expected to be supported around 5100; in a neutral scenario, it will operate around 6050; and in an optimistic scenario, it can reach 6400 [3][72][73]

Group 1 - The provincial government emphasizes the importance of addressing public concerns and enhancing the business environment to promote economic growth [1][2] - Companies are encouraged to integrate technological innovation with industry needs, focusing on high-end, intelligent, and green development [2] - The government aims to foster a better entrepreneurial environment and support the growth of high-speed developing technology enterprises [2] Group 2 - Urban renewal projects are being implemented with a focus on cultural heritage protection and revitalization of old neighborhoods [3] - The government promotes the development of cultural tourism as a pillar industry, enhancing consumer potential through innovative new business models [3] - The integration of sports and education is being prioritized, with initiatives to strengthen youth football programs and training mechanisms [3]

Economic Overview - In May, external demand showed signs of recovery while internal demand remained mixed, supported by policy measures and holiday effects [3][5] - The industrial added value in May grew by 5.8% year-on-year, slightly down from 6.1% in April, but still above 5% [5][7] - Service sector production index increased by 6.2% year-on-year, driven by information technology and retail sectors [9] Production Insights - The production recovery was evident, with industrial added value showing a month-on-month increase of 0.61%, higher than the previous month [5][7] - Export-oriented industries and those benefiting from favorable policies exhibited divergent performance, with transportation equipment and electrical machinery facing significant declines [7] - The automotive sector saw a notable rebound, with production growth increasing by 2.4 percentage points, attributed to policy incentives and market demand [7] Consumption Trends - Retail sales growth in May reached 6.4%, with significant contributions from the "old-for-new" policy and pre-holiday promotions [13][14] - Online retail sales surged by 11.5%, reflecting the impact of early promotions and policy support [14] - Categories benefiting from the "old-for-new" initiative, such as home appliances and communication equipment, experienced substantial growth rates of 53% and 33% respectively [14] Investment Dynamics - Fixed asset investment growth slowed to 2.9% year-on-year in May, marking a decline from 3.6% in April [17][18] - Manufacturing, infrastructure, and real estate investments showed weakening trends, with real estate investment declining by 12.0% [17][21] - Infrastructure investment requires acceleration in physical work volume formation, with current construction PMI readings indicating slower growth [18] Real Estate Market - The real estate market showed mixed signals, with sales area and sales revenue declining by 3.3% and 6.0% year-on-year respectively [21] - New housing starts and completion areas also saw significant declines, although the rate of decline has narrowed [21] - The demand side of the real estate market is showing signs of weakening, necessitating ongoing policy support [21]

作为2025年世界移动通信大会-MWC上海的专场活动之一，由Vπ张江科投、Vπ张江孵化器、模力社区共同举办 的"MWC-模力社区专场投融资对接活动暨Vπ Demo Day"将于6月20日亮相上海新国际博览中心。本次活动聚焦 科技创新与资本赋能，将汇聚7家优质路演企业以及知名投资机构，通过高效路演与深度对接，助力科技企业加 速成长，推动产业与资本的双向奔赴。 活动详情 一、活动时间 2025年6月20日13:00-14:30 关于Vπ张江科投 张江科投成立于2004年10月，是张江集团的全资子公司。2014年底，张江集团整合投资、贷款、孵化、培训等 科创服务功能，将张江科投打造成一个为科技创新提供综合服务的平台。张江科投是张江集团向"卓越的创新策 源和产业发展生态综合服务商"战略转型中，聚焦"科创金融服务"的主要板块，以科创金融服务创新策源和产业 发展，着力构建"科技股权投资+基金投资+科创贷款"多元金融服务矩阵，与张江集团招商、稳商、育商形成招 投联动，共同助力科创企业成长。 关于Vπ张江孵化器 Vπ张江孵化器以"张江创业工坊"为品牌，为企业提供全生命周期空间服务、孵化服务，是经认定的国家级科技 企业孵化器、 ...

Group 1 - The fourth China-Africa Economic and Trade Expo concluded successfully, with a total of 176 projects signed, amounting to $11.39 billion, surpassing the previous session [9] - The main exhibition hall attracted over 200,000 visitors, doubling the attendance from the last event, with on-site transactions or intended transactions expected to reach 2.5 billion RMB [2] - The expo featured participation from 53 African countries, 11 international organizations, and over 4,700 enterprises, showcasing a strong interest in cooperation [3] Group 2 - The expo's theme was "China-Africa Cooperation in Action, Pursuing Modernization Together," with over 30 trade activities covering various sectors such as green mining, infrastructure, and cultural trade [7] - A significant number of projects were signed during the expo, with Hunan province alone signing 62 projects worth $3.8 billion, representing one-third of the total signed projects [10] - The expo has evolved into the largest and highest-level comprehensive exhibition between China and Africa over six years [11] Group 3 - The event included the debut of several specialized exhibition areas, such as a second-hand vehicle trade zone and a showcase for African products, highlighting the diversity of offerings [4][5] - The expo facilitated direct procurement cooperation, particularly in commodities like soybeans, coffee, and tea, enhancing trade links between Africa and China [8] - Future plans include the "Going to Africa" initiative to further strengthen economic ties and ensure the successful implementation of signed projects [12]

证券代码：688507 证券简称：索辰科技 公告编号：2025-026 上海索辰信息科技股份有限公司 本公司董事会及全体董事保证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： ? 是否涉及差异化分红送转：是 ? 每股分配比例 每股现金红利0.183元（含税） ? 相关日期 股权登记日 除权（息）日 现金红利发放日 一、 通过分配方案的股东大会届次和日期 本次利润分配方案经上海索辰信息科技股份有限公司（简称"公司"）2025 年 二、 分配方案 截至股权登记日下午上海证券交易所收市后，在中国证券登记结算有限责任 公司上海分公司（以下简称"中国结算上海分公司"）登记在册的本公司全体股东。 （上海索辰信息科技股份有限公司回购专用证券账户除外） （1）差异化分红送转方案： 根据 2024 年年度股东大会决议通过的利润分配方案，公司以实施权益分派股 权登记日登记的总股本扣减公司回购专用账户中的回购股份为基数，每 10 股派发 现金红利 1.83 元（含税），剩余未分配利润结转以后年度分配。本次利润分配不 送红股，不进行资本公积转增股本。 如在分 ...