天眼查商业履历信息显示，峰岹科技(深圳)股份有限公司，成立于2010年，位于深圳市，是一家以从事 软件和信息技术服务业为主的企业。企业注册资本9236.338万人民币，实缴资本7272.9307万人民币。公 司法定代表人为BI LEI。 通过天眼查大数据分析，峰岹科技(深圳)股份有限公司共对外投资了5家企业，参与招投标项目25次， 知识产权方面有商标信息28条，专利信息152条，此外企业还拥有行政许可11个。 来源：金融界 金融界消息 截至2025年8月25日收盘，峰岹科技（688279）报收于213.92元，下跌3.85%，换手率 4.55%，成交量2.54万手，成交金额5.49亿元。 资金流向方面，今日主力资金净流入5682.07万元，占比成交额10.34%。其中，超大单净流入4184.72万 元、占成交额7.62%，大单净流入1497.35万元、占成交额2.73%，中单净流出流出5379.57万元、占成交 额9.79%，小单净流出302.50万元、占成交额0.55%。 峰岹科技最新一期业绩显示，截至2025一季报，公司营业总收入1.71亿元、同比增长47.34%，归属净利 润5041.26万元，同比减少 ...

8月25日消息，天眼查融资历程显示，源升智能机器人（深圳）有限公司近日获得"A轮"融资，涉及融 资金额数千万人民币，投资机构为千乘资本，浔商创投，昆仲资本。 通过天眼查大数据分析，源升智能机器人（深圳）有限公司拥有行政许可3个。 天眼查信息显示，源升智能机器人（深圳）有限公司的股东为：杨思成、深圳市源升合创企业管理合伙 企业（有限合伙）、LEE WANG WEI、深圳市源升众创企业管理合伙企业（有限合伙）、深创投中小 企业发展基金（新疆）有限合伙企业。 来源:金融界 资料显示，源升智能机器人（深圳）有限公司法定代表人为杨思成，成立于2024年，位于深圳市，是一 家以从事软件和信息技术服务业为主的企业。企业注册资本131.529万人民币，并已于2025年完成了A 轮，交易金额数千万人民币。 ...

Economic Overview - Hangzhou's economy shows strong resilience with steady recovery in consumption and robust industrial support, indicating a dual characteristic of stability and new vitality [1][4] - The total retail sales of consumer goods reached 527.1 billion yuan, a year-on-year increase of 5.1% from January to July [1] Consumption Trends - Upgrading consumption categories performed well, with home appliances and audio-visual equipment retail sales increasing by 86.3%, and communication equipment by 34.5% [1] - New energy vehicle retail sales grew by 23.7%, reflecting a trend towards green and smart consumption [1] - Basic living consumption remained stable, with grain and oil, and food retail sales increasing by 9.7% [1] Foreign Trade Performance - The total import and export value reached 515.4 billion yuan, a year-on-year increase of 7.2% from January to July [2] - Exports amounted to 368 billion yuan, growing by 12.3%, surpassing the national average [2] - Private enterprises played a significant role, with exports of 282 billion yuan, accounting for 76.6% of total exports [2] Industrial Growth - The industrial added value for large-scale enterprises reached 261.3 billion yuan, with a year-on-year growth of 6.9% [3] - Key industries such as computer communication and electronic equipment manufacturing saw substantial growth, with increases of 17.0% and 30.1% respectively [3] - High-tech industries and strategic emerging industries also showed strong performance, with added values growing by 8.3% and 9.7% respectively [3] Service Sector Development - The revenue of large-scale service industries reached 1,094.4 billion yuan, with a year-on-year growth of 8.6% [3] - The information transmission, software, and IT services sector grew by 12.7%, indicating a strong digital economy [3] - The core industries of the digital economy and high-tech services saw revenue increases of 12.6% and 11.8% respectively [3]

作者：周源/华尔街见闻 8月21日，科大讯飞发布2025年上半年财报。 报告期内，科大讯飞营收首次突破百亿元大关，达109.11亿元，同比增幅超17%；归母净利润虽仍亏损 （-2.39亿元），但较2024年同期的亏损额4亿元大幅收窄；销售回款亦首破百亿，经营现金流改善显 著；研发与市场投入持续保持高强度，教育、医疗与C端消费者业务成为当期亮点。 就整体来看，科大讯飞正在迈入从"规模扩张"到"价值兑现"的关键阶段。截至8月21日A股收盘，科大讯 飞当天上涨2.43%，报收52.22元。 销售回款首破百亿大关 半年报显示，2025年上半年，科大讯飞实现营收109.11亿元，首次跨越百亿关口，同比增长17.01%；毛 利43.89亿元，同比提升17.12%；归母净利润为-2.39亿元，2024年同期为-4亿元，相当于同比减亏 40.37%，扣非净利润-3.64亿元，2024年同期为-4.83亿元，即同比减亏24.62%。 这表明，科大讯飞在报告期内不仅扩大了收入规模，同时毛利率质量也保持了稳定，并没有因为快速扩 张而出现毛利率明显下滑的情况。 尽管当期科大讯飞尚未实现盈利，但亏损收窄的幅度值得关注，净利润和扣非净利 ...

Core Viewpoint - The article highlights the recent financial performance and market activity of Shanghai Jinqiao Information Co., Ltd., including its financing activities and stock performance over the past weeks [1]. Financing Activities - Shanghai Jinqiao Information recorded a net financing inflow of 31.5483 million yuan last week, ranking 413th in the market [1]. - The total financing amount for the week was 129 million yuan, while the repayment amount was 97 million yuan [1]. Market Performance - Over the last 5 days, the main capital outflow for Shanghai Jinqiao Information was 120 million yuan, with a price drop of 6.19% during this period [1]. - In the last 10 days, the total capital outflow reached 287 million yuan, with a price decline of 7.28% [1]. Company Overview - Shanghai Jinqiao Information Co., Ltd. was established in 1994 and is located in Shanghai, primarily engaged in software and information technology services [1]. - The company has a registered capital of 3.65401826 billion yuan and a paid-in capital of 660 million yuan [1]. - The legal representative of the company is Jin Shiping [1]. Investment and Intellectual Property - The company has invested in 8 enterprises and participated in 3,006 bidding projects [1]. - In terms of intellectual property, it holds 41 trademarks and 45 patents, along with 17 administrative licenses [1].

Core Viewpoint - The Ministry of Finance and the State Taxation Administration of China announced improvements to the VAT refund policy for end-of-period tax credits, allowing for monthly full refunds in specific industries, thereby alleviating financial pressure on enterprises [1][4]. Group 1: VAT Refund Policy Overview - The VAT refund policy allows taxpayers to receive refunds when their input VAT exceeds output VAT, which is crucial as VAT accounts for over 30% of national tax revenue in China, with expected revenues exceeding 6 trillion yuan in 2024 [2][3]. - The policy has evolved since its pilot implementation in 2011 for specific industries, with significant expansions in 2019 and 2022 to include more sectors and allow for one-time refunds of accumulated credits [3][4]. Group 2: Specific Industry Impacts - From September 2025, the policy will provide monthly full refunds for end-of-period tax credits specifically for manufacturing, scientific research and technical services, software and information technology services, and ecological protection and environmental governance [4][5]. - The real estate sector will also have a separate refund policy, allowing for a 60% refund of newly increased tax credits if certain conditions are met [4][5]. Group 3: Implementation and Compliance - The tax authority has set clear criteria for taxpayers in the specified industries, requiring that over 50% of their VAT sales come from the relevant sectors to qualify for the refund [6][7]. - Taxpayers must maintain a positive end-of-period tax credit for six consecutive months before applying for a refund, with specific thresholds for the amount of new credits [7][8]. Group 4: Policy Design and Flexibility - The new policy design allows taxpayers to choose between the VAT refund or an immediate tax collection method, enhancing flexibility and risk management [8]. - A restriction on changing the chosen policy within 36 months aims to promote rational decision-making among taxpayers and reduce implementation costs [8].

Core Viewpoint - The recent announcement by the Ministry of Finance and the State Taxation Administration aims to enhance the VAT refund policy, particularly for specific industries, to alleviate financial pressure on enterprises and support economic development [3][4][5]. Group 1: VAT Refund Policy Overview - The VAT refund policy allows taxpayers to receive refunds when their input VAT exceeds output VAT, which is crucial for managing cash flow [3]. - Since 2011, China has piloted VAT refunds for specific industries, and the policy has evolved to include broader sectors to support economic growth [4][5]. - The new policy will implement full monthly refunds for four key industries starting September 2025, while other industries will have specific conditions and proportions for refunds [5][6]. Group 2: Industry-Specific Impacts - The manufacturing, scientific research, technology services, software, and ecological protection industries will benefit from a full monthly VAT refund policy, enhancing their financial stability [5][6]. - The real estate sector will also have a tailored VAT refund policy, allowing for a 60% refund of newly increased VAT credits under certain conditions [6][7]. - The adjustments in the VAT refund policy are designed to clarify policy direction, reduce compliance costs, and improve management efficiency [6][8]. Group 3: Implementation and Compliance - The tax authority has set clear criteria for taxpayers to qualify for VAT refunds, ensuring that a significant portion of their sales comes from the specified industries [7]. - Taxpayers must maintain a minimum level of VAT credits over six months to qualify for refunds, aligning with international practices [7][8]. - The policy allows taxpayers to choose between VAT refunds or immediate tax collection options, promoting flexibility and fairness in tax administration [8].

Summary of Key Points Core Viewpoint The company, Kaipu Cloud Information Technology Co., Ltd., is planning a significant asset acquisition by purchasing a 70% stake in Nanning Taike Semiconductor Co., Ltd. from Shenzhen Jintaike Semiconductor Co., Ltd. This transaction aims to enhance the company's business scope and competitiveness in the semiconductor storage market. Group 1: Transaction Overview - The company intends to pay cash to acquire a 70% stake in Nanning Taike, which will involve transferring operational assets related to storage products [10][13]. - The final transaction price will be determined based on an evaluation report from a qualified asset appraisal agency, which is still pending [10][14]. - The acquisition is expected to constitute a major asset restructuring, with the projected revenue from the acquired company exceeding 50% of the company's total revenue in 2024 [14]. Group 2: Impact on Business - Post-acquisition, Nanning Taike will become a subsidiary of the company, expanding its business into storage products and enhancing its market influence [16]. - The integration of Nanning Taike's resources, including R&D teams and customer channels, is anticipated to improve the company's asset quality and operational capabilities [18]. - The transaction is structured as a cash payment, which will not affect the company's equity structure or lead to dilution of earnings per share [22]. Group 3: Regulatory and Approval Process - The transaction has received preliminary approval from the company's board and supervisory committee, but further approvals from shareholders and regulatory bodies are required [19][24]. - The company is committed to adhering to all relevant disclosure and procedural regulations to ensure transparency and protect investor interests [22][23]. - The completion of the transaction is subject to the successful conclusion of audits and evaluations, which may introduce uncertainties regarding the final terms [24][25].

Group 1 - The company has conducted a review of the list of incentive recipients for the 2025 stock option incentive plan, ensuring compliance with relevant laws and regulations [1][2] - The review confirmed that the selected incentive recipients meet the criteria set forth in the company's incentive plan draft and applicable regulations [2] - The company plans to grant 300,000 stock options to 5 incentive recipients on August 25, 2025, with an exercise price of 57.689 yuan per share [2] Group 2 - The monitoring committee outlined specific disqualifications for incentive recipients, including recent inappropriate designations by the stock exchange or regulatory bodies, and legal restrictions [1] - The committee's opinion supports the alignment of the incentive recipients with the standards approved in the company's first extraordinary general meeting of 2025 [2]

Group 1 - The company held its fourth board meeting on August 22, 2025, with 8 directors required to attend, and 7 present in person while 3 participated via remote voting [1] - The board unanimously approved the proposal for the early redemption of the "Jinxian Convertible Bonds" due to the stock price meeting the required threshold of 130% of the conversion price for 15 consecutive trading days [1] - The decision aims to reduce interest expenses, improve capital efficiency, and lower financial costs, with the management authorized to handle all related matters for the bond redemption [1] Group 2 - The proposal received no objections from the sponsoring institution and was supported by a legal opinion from the company's lawyers [2] - The voting results showed 8 votes in favor, with no votes against or abstentions [2]