深圳市新国都股份有限公司 股东会议事规则 第一章 总则 第一条 为规范深圳市新国都股份有限公司（以下简称公司）行为，提高股 东会议事效率，保证股东会程序及决议内容的合法有效性，根据《中华人民共和 国公司法》（以下简称《公司法》）、《中华人民共和国证券法》（以下简称《证 券法》）、《深圳证券交易所创业板股票上市规则》、《深圳市新国都股份有限 公司章程》（以下简称《公司章程》）等规定，并结合公司实际情况，特制订本 议事规则（以下简称本规则）。 第二条 公司股东会的召集、提案、通知、召开等事项适用本规则。 第三条 公司应当严格按照法律、行政法规、本规则及《公司章程》的相关 规定召开股东会，保证股东能够依法行使权利。公司董事会应当切实履行职责， 认真、按时组织股东会。公司全体董事应当勤勉尽责，确保股东会正常召开和依 法行使职权。 第四条 股东会应当在《公司法》和《公司章程》规定的范围内行使职权。 第五条 股东会分为年度股东会和临时股东会。年度股东会每年召开一次， 应当于上一会计年度结束后的六个月内举行。临时股东会不定期召开，出现《公 司法》第一百一十三条规定的应当召开临时股东会的情形时，临时股东会应当在 两个月内召开 ...

深圳市新国都股份有限公司 独立董事津贴制度 第一章 总 则 第一条 为完善深圳市新国都股份有限公司（以下简称"公司"）的公司治 理制度，加强和规范公司独立董事津贴的管理，根据《中华人民共和国公司法》、 《深圳市新国都股份有限公司章程》等有关法律、规定，结合公司实际情况，制 定本制度。 第二条 本制度适用的对象： 独立董事：指不在公司担任除董事外的其他职务，公司按照《上市公司独立 董事管理办法》的规定聘请的、与公司及其主要股东不存在可能妨碍其进行独立 客观判断的关系的董事。 第三条 津贴原则：津贴水平综合考虑独立董事的工作任务、责任等情况。 第二章 津贴标准及支付方式 第四条 独立董事津贴标准： （一）津贴在每年年度股东会结束后一次性发放。 （二）本制度所指津贴均为税前金额，公司将按照国家和公司的有关规定， 从津贴中代扣代缴个人所得税，剩余部分发放给个人。 第六条 独立董事出席公司董事会、股东会等会议的差旅费以及按《公司 章程》行使职权所需的合理费用，均由公司据实报销。 第七条 独立董事因换届、改选、任期内离职等原因离任的，按其实际任 期计算津贴并予以发放。 第三章 附则 第八条 本制度由公司董事会负责解释和修 ...

Core Points - The article outlines the internal accountability system of Shenzhen Xinguodu Co., Ltd aimed at enhancing corporate governance and ensuring that directors and senior management fulfill their responsibilities diligently [1][2] - The accountability system is designed to hold directors, senior management, and other relevant personnel responsible for actions that cause losses or negative impacts to the company [2][4] Accountability Scope - The accountability matters include failure to perform duties, non-compliance with board resolutions, and leaking confidential information [2][4] - Specific actions that may lead to accountability include negligence, subjective decision-making leading to significant economic losses, and violations of laws and regulations [2][4][5] Accountability Principles - The principles of the accountability system include equality before the system, correlation between rights and responsibilities, and a combination of accountability and improvement [3][4] Accountability Methods - The company may employ administrative and economic accountability methods, including potential litigation for criminal offenses [7][8] - Economic penalties may be linked to performance evaluations and promotion mechanisms within the company [5][6] Accountability Procedures - The procedures for accountability include the right for any department or individual to report non-compliance, and the requirement for the accused to cooperate with investigations [8][9] - The company must ensure that the accused have the opportunity to present their case and may appeal the accountability decisions [9][10] Additional Provisions - The internal accountability system will take effect upon approval by the board of directors and will be subject to relevant laws and regulations [10][11]

登录新浪财经APP 搜索【信披】查看更多考评等级 智微智能于2025年进行了一系列关于2023年股票期权与限制性股票激励计划的调整动作。此次调整主要 涉及股票期权行权价格及限制性股票回购价格，原因是公司2024年度权益分派方案已实施完毕。 2025年5月20日，智微智能披露《2024年年度权益分派实施公告》，以总股本250,429,670股为基数，向 全体股东每10股派发现金红利0.80元（含税），共计派发现金20,034,373.60元，本年度不转增，不送红 股，剩余未分配利润结转以后年度进行分配。本次权益分派股权登记日为2025年5月26日，除权除息日 为2025年5月27日。 根据《激励计划（草案）》规定，公司需对激励计划股票期权（含预留部分）的行权价格及限制性股票 的回购价格进行相应调整。具体调整如下： -股票期权行权价格：调整前为15.90元/份，根据公式P＝P0 - V（P0为调整前行权价格，V为每股派息额），调整后为15.82元/份。 -限制性股票回购价格：调整前 为10.55元/股，依据同样公式，调整后为10.47元/股。 回顾智微智能2023年激励计划历程，自2023年1月13日公司召开第一 ...

Group 1 - The company, Qichuang Data (300857.SZ), announced plans to purchase servers from multiple suppliers, with a total amount expected to not exceed 4 billion yuan [1] - The servers will primarily be used to provide computing power leasing services to customers [1] - This transaction does not constitute a major asset reorganization or a related party transaction [1] Group 2 - The transaction amount accounts for over 50% of the company's most recent audited net assets and total assets [1] - The deal requires approval from the company's shareholders' meeting [1]

Group 1 - The core viewpoint of the article is that China Great Wall (000066) has announced its liquid cooling products, which primarily include spray liquid cooling servers suitable for medium to large data centers [1] Group 2 - The company's liquid cooling products are designed to enhance the efficiency of data centers, addressing the growing demand for effective cooling solutions in the industry [1] - The application of these products in medium to large data centers indicates a strategic focus on larger-scale operations, which may present significant market opportunities [1]

Investment Rating - The report maintains a "Buy" rating for Lenovo Group (0992.HK) [1] Core Insights - Lenovo Group's basic business operations are strong, with all main business segments achieving double-digit year-on-year growth in FY2025, and a net profit increase of 37% [6][9] - The company is accelerating the implementation of hybrid artificial intelligence, which is expected to enhance overall performance and market competitiveness [9] Summary by Sections Recent Performance - For FY2025, Lenovo Group reported revenue of approximately $69.077 billion, a year-on-year increase of 21.41%, and a net profit of approximately $1.384 billion, up 37.01% [5][6] - In FY2025Q4, revenue was about $16.984 billion, showing a year-on-year growth of 22.50%, but a quarter-on-quarter decrease of 9.64% [5][6] Business Segments - **Intelligent Devices Group (IDG)**: Achieved revenue of $51 billion in FY2025, a 13% increase, with an operating profit margin of 7.2%, leading the industry [6][7] - **Infrastructure Solutions Group (ISG)**: Revenue reached $15 billion, a significant 63% increase, with the second half of the fiscal year turning profitable [7] - **Solutions and Services Group (SSG)**: Generated revenue of approximately $8.5 billion, a 13% increase, with operating profit reaching a record high of $1.8 billion, up 15% [7] Financial Projections - Revenue forecasts for FY2026 to FY2028 are $76.370 billion, $82.733 billion, and $87.208 billion respectively, with non-HKFRS net profits projected at $1.601 billion, $1.874 billion, and $2.218 billion [9][10] - The report anticipates a gradual improvement in performance as AI functionalities penetrate the PC and mobile markets [9]

Core Viewpoint - Multiple investment banks are optimistic about Lenovo Group's growth potential in the AI PC and AI server sectors, maintaining "Buy" or "Overweight" ratings [1] Group 1: Business Performance and Growth Drivers - Lenovo's PC business is benefiting from increased AI PC penetration and the demand for Windows 10 upgrades, while its server business is expected to achieve profitability due to AI server positioning and improved customer structure [1][3] - The company holds a leading market share in AI PCs, with a 16% share in China's notebook market and being the top player in the global Windows market [1][5] - AI server revenue is projected to grow rapidly, with annualized revenue of $1.2 billion and potential orders reaching $1.5-2 billion by 2025 [1][5] - The Intelligent Solutions Group (ISG) has reported profitability for two consecutive quarters, indicating strong performance [1][5] Group 2: Operational Efficiency and Market Position - Lenovo's flexible global production capacity across 30+ factories in 11 countries allows for quick adjustments to production, enhancing its ability to cope with tariff impacts [6][4] - The company has maintained a strong operating profit margin of 22.7% in its Solutions and Services Group (SSG), with high-margin services now accounting for 58% of its revenue [10][8] - Lenovo's overall revenue for the Intelligent Devices Group (IDG) reached $51 billion, reflecting a 13% year-on-year growth [8] Group 3: Future Outlook and Strategic Initiatives - The company is expected to benefit from the growing demand for AI infrastructure and edge computing, leveraging its full-stack product offerings [3][11] - Lenovo's AI PC sales have exceeded targets, with expectations for a 30% global penetration rate by 2025 [5][11] - The company has initiated promotional activities for AI PCs, aiming to enhance market penetration in the second half of the year [13]

5月26日，中科曙光高管在2025年第一季度业绩说明会上表示，美国的制裁确实为公司经营带来一定外 部挑战，公司会积极采取各项措施，持续增加研发开支并强化自研能力，在国产化等领域加大研发投 入，丰富产品类型，加大高附加值的服务收入比例，构建从底层到应用系统化的信息技术基础设施，完 善产业生态。另外，公司会基于整体战略规划、资源配置及市场调研评估，稳步推进海外市场的布局与 业务拓展，以实现可持续发展。(人民财讯) ...

Core Viewpoint - The article discusses recent developments in the A-share market, including significant corporate mergers and regulatory changes, while providing insights from various brokerage analysts on market trends and investment strategies. Group 1: Corporate Mergers and Acquisitions - Haiguang Information plans to absorb and merge with Zhongke Shuguang through a share exchange, with trading of both companies' stocks suspended starting May 26, 2025, for up to 10 trading days [2][3] - Haiguang Information has a total market value exceeding 310 billion yuan, while Zhongke Shuguang's market value is over 90 billion yuan, with a combined shareholder count of over 437,000 [2][3] Group 2: Regulatory Changes - The People's Bank of China and the State Administration of Foreign Exchange have proposed a unified foreign currency management policy for funds raised from overseas listings, allowing for flexible currency conversion and usage [4] - The State Administration for Market Regulation has drafted guidelines to regulate commission and fee structures on online trading platforms, aiming to protect the rights of platform operators [5] Group 3: Market Analysis and Predictions - CITIC Securities notes that the pricing power of core assets is gradually shifting southward, driven by the increasing attractiveness of the Hong Kong market and the influx of quality assets [13] - Shenwan Hongyuan predicts a short-term adjustment within a high central tendency market, with a focus on sectors like pharmaceuticals and precious metals [14] - China Galaxy emphasizes the need to identify structural opportunities amidst rapid sector rotation and cautious investor sentiment [15] - Zhongjin Investment highlights the importance of new domestic demand growth, focusing on sectors like social services and retail [16] - Huatai Securities suggests that the market will maintain a volatile trend due to mixed economic data and reduced likelihood of additional policy stimulus [21][22] - Dongwu Securities anticipates a new "East rises, West falls" trading opportunity if the US dollar index breaks previous lows, which could benefit the Chinese market [23]