并募集配套资金事项的停牌进展公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完 整，没有虚假记载、误导性陈述或重大遗漏。 广东天亿马信息产业股份有限公司（以下简称"公司"）正在筹 划发行股份及支付现金方式购买资产并募集配套资金事项（以下简称 "本次交易"）。根据《上市公司重大资产重组管理办法》等相关规 定，本次交易预计构成重大资产重组，不构成重组上市。鉴于本次交 易尚处于筹划阶段，存在不确定性，为保证公平信息披露，维护投资 者利益，避免对公司证券交易造成重大影响，根据深圳证券交易所的 相关规定，经公司申请，公司股票（证券简称：天亿马，证券代码： 证券代码：301178 证券简称：天亿马 公告编号：2025-047 广东天亿马信息产业股份有限公司 关于筹划发行股份及支付现金方式购买资产 公司预计将在停牌后不超过 10 个交易日的时间内披露本次交易 方案，即在 2025 年 6 月 24 日前按照《公开发行证券的公司信息披露 内容与格式准则第 26 号——上市公司重大资产重组》的要求披露相 关信息。具体内容详见公司 2025 年 6 月 10 日披露于巨潮资讯网 （www.cninfo.com.cn）等 ...

Core Viewpoint - The rapid development of AI technology has led to the emergence of virtual digital humans in various industries, presenting both opportunities and risks for investors. A case involving a customer who invested in AI live streaming software highlights the potential pitfalls of such investments, particularly in light of platform regulations that restrict AI-driven content [1][7]. Group 1: Investment Details - A customer named Mr. Hu invested 59,800 yuan in digital human live streaming software from Jinan Lingji Digital Technology Co., Ltd., with promises of quick returns through platforms like Douyin [1][2]. - After initial setup and additional investments for equipment, the live streaming was abruptly halted due to Douyin's ban on AI-driven content, leading to significant financial concerns for the investor [2][3]. Group 2: Company Response - Lingji Technology acknowledged the issue and stated that they could provide solutions to the live streaming ban, indicating a willingness to communicate further with the customer [4][6]. - The company claimed that their software could be used across various platforms and that they would assist in resolving any issues related to platform compliance [5][6]. Group 3: Regulatory Environment - Major platforms, including Douyin, have established clear regulations against AI-driven live streaming without human interaction, emphasizing the need for real-time human engagement to avoid misleading consumers [7]. - Legal experts suggest that the situation may involve contract violations, as the software provider's promises do not align with the platform's operational rules, potentially allowing the investor to claim breach of contract [8].

Core Viewpoint - Eight Roads Capital is planning to sell its entire stake in approximately 40 Chinese technology companies at a significant discount, reflecting a strategic withdrawal from the Chinese tech market due to various challenges [2][11]. Group 1: Company Overview - Eight Roads Capital, a global venture capital firm, focuses on technology and healthcare sectors, managing over $11 billion in assets across 11 funds [5]. - The firm has made a total of 528 investments and 74 exits since its inception, with a notable history in the Chinese market dating back over 30 years [5]. - Currently, Eight Roads has around 30 employees in China, with only 4 dedicated to technology investments, indicating a shift in focus towards healthcare [5]. Group 2: Investment Strategy and Actions - The firm has initiated a process to liquidate its investments, which were valued at approximately $1 billion at their peak, now expected to be sold at a 60%-80% discount [2][11]. - Eight Roads has already laid off over 10 employees from its Chinese technology team, reflecting a downsizing in this sector [1][5]. - The firm’s recent investments include notable companies such as Alibaba and Pony.ai, but current geopolitical tensions and regulatory challenges have forced it to reconsider its strategy [9][11]. Group 3: Market Context - The decision to divest is influenced by increasing geopolitical tensions and a competitive landscape in the Chinese tech industry, which has altered risk and return expectations [11]. - In contrast, other investment giants like Blackstone and KKR are increasing their investments in China, highlighting a divergence in strategies among major players [10][11]. - The ongoing changes in the investment environment may present new opportunities for firms that can adapt to the evolving landscape [11].

证券代码：300608 证券简称：思特奇 公告编号：2025-035 债券代码：123054 债券简称：思特转债 张权利先生、赵德武先生已取得深圳证券交易所认可的独立董事资格证书， 其中赵德武先生为会计专业人士。上述独立董事候选人的任职资格和独立性尚需 经深圳证券交易所审核无异议后方可提交公司股东会审议，并采用累积投票方式 选举产生 4 名非独立董事、3 名独立董事，与经职工代表大会选举产生的 1 名职 工代表董事共同组成公司第五届董事会，任期自公司股东会审议通过之日起三年。 北京思特奇信息技术股份有限公司 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有 虚假记载、误导性陈述或重大遗漏。 北京思特奇信息技术股份有限公司（以下简称"公司"）第四届董事会任期 届满，根据《公司法》《深圳证券交易所创业板股票上市规则》《深圳证券交易 所上市公司自律监管指引第 2 号——创业板上市公司规范运作》等法律、法规、 规范性文件，公司董事会拟进行换届选举。 一、董事会换届选举情况 公司于 2025 年 6 月 12 日召开第四届董事会第三十一次会议，审议通过了 《关于董事会换届选举暨提名第五届董事会非独立董事候 ...

Core Viewpoint - The company, Guangting Information, is expanding its overseas market and industry applications by acquiring 100% equity of Chengdu Kaimate Technology Co., Ltd. for 360 million yuan, marking a significant step in its strategic layout in the intelligent connected vehicle sector and international markets [1][2]. Group 1: Acquisition Details - The acquisition price for Kaimate Technology is set at 360 million yuan, with Guangting Information planning to use 180 million yuan of raised funds for part of the payment, while the remainder will be covered by its own or self-raised funds [2]. - Kaimate Technology is a comprehensive software and information technology service provider focusing on the automotive supply chain, fintech, and healthcare sectors, primarily serving Japanese enterprises [2]. - Post-acquisition, Kaimate Technology is expected to contribute significantly to Guangting Information's profit growth, with performance commitments of net profits of no less than 38 million yuan, 45 million yuan, and 52 million yuan for the years 2025 to 2027 [2]. Group 2: Financial Performance - In the first quarter of 2025, Guangting Information reported a revenue of 134 million yuan, a year-on-year increase of 10.52%, and a net profit of 24.03 million yuan, marking a significant turnaround with an increase of 835.28% compared to the previous year [4]. - The company's intelligent connected vehicle testing services, particularly for Honda's overseas models, have seen substantial growth, contributing to the overall revenue increase [4]. - The fluctuation in the Japanese yen has resulted in significant exchange gains, with financial expenses for the first quarter of 2025 reported at -13.26 million yuan, a decrease of 338.69% from the previous year [4]. Group 3: Technological Advancements - Guangting Information has developed the "Super Software Workshop" SDW 2.0 platform, which has been piloted among mainstream clients, significantly enhancing software delivery efficiency [5]. - The company is accelerating the productization of core technologies such as the virtual testing platform "Digital Car" and the 3D intelligent cockpit platform UEA, establishing a solid technological moat [5]. - The company plans to continue deepening its "AI + automotive software" strategy, increasing R&D investment, optimizing its business structure, and accelerating internationalization [5].

Core Viewpoint - The acquisition of 100% equity in Chengdu Kaimate Technology Co., Ltd. by Wuhan Guangting Information Technology Co., Ltd. for a total consideration of 360 million yuan is aimed at enhancing the company's service capabilities and expanding its overseas business, particularly in the Japanese market [1][6][8]. Group 1: Acquisition Details - Guangting Information plans to use 180 million yuan of raised funds to partially finance the acquisition, with the remainder sourced from its own or self-raised funds [1]. - After the transaction, Kaimate Technology will become a wholly-owned subsidiary of Guangting Information and will be included in the consolidated financial statements [2]. - The transaction is based on a valuation that reflects a significant increase in Kaimate Technology's value, with an assessed increase of 25.685 million yuan and a valuation increase rate of 242.46% [3][6]. Group 2: Kaimate Technology Overview - Kaimate Technology is a comprehensive software and information technology service provider focusing on industries such as automotive supply chain, fintech, and healthcare [4]. - The company primarily serves Japanese clients, offering software development, testing, and IT solutions [4]. Group 3: Financial Performance - Kaimate Technology is projected to achieve revenues of 131 million yuan and a net profit of 33.1821 million yuan for the fiscal year 2024 [5]. - The acquisition includes performance commitments, with net profit targets set at no less than 38 million yuan, 45 million yuan, and 52 million yuan for the years 2025 to 2027 [6]. Group 4: Strategic Implications - The acquisition is expected to facilitate deeper integration of customer resources between Guangting Information and Kaimate Technology, enhancing service offerings and expanding market reach [8]. - Guangting Information aims to leverage its AI technology and Kaimate Technology's cross-industry software development experience to enhance its capabilities in various applications [8]. Group 5: Guangting Information's Financial Trends - Guangting Information has experienced fluctuating financial performance since its IPO, with revenues showing a slight decline in recent years, but a recovery in Q1 2025 with a revenue increase of 10.52% year-on-year [9]. - The company reported a net profit of 24.0325 million yuan in Q1 2025, indicating a return to profitability driven by growth in smart connected vehicle testing services and improved operational efficiency [9].

中国经济网北京6月11日讯光庭信息（301221）(301221.SZ)昨晚发布关于购买成都楷码科技股份有限公 司100%股权的公告。武汉光庭信息技术股份有限公司(以下简称"公司""上市公司"或"光庭信息")拟以支 付现金的方式向苏州优昇科技有限公司等13名交易对手(以下简称"交易对方")购买成都楷码科技股份有 限公司(以下简称"楷码科技"或"标的公司")100%股权(以下简称"标的股权")，本次交易完成后，楷码科 技将成为上市公司全资子公司，纳入上市公司合并报表范围。 本次交易中，楷码科技100%股权的交易作价为36,000.00万元，其中公司拟使用超募资金18,000.00万元 支付本次交易的部分收购价款，剩余部分使用自有或自筹资金支付。 为实现购买楷码科技100%股权的目的，本次交易前，楷码科技须自股份有限公司改制为有限责任公 司。 本次交易前，楷码科技须通过派生分立的方式剥离其持有的维度信息技术(苏州)有限公司(以下简称"维 度信息")65%股权。分立完成后，楷码科技持有维度信息35%股权，维度信息为楷码科技的参股公司。 本次交易的范围为派生分立完成后的楷码科技100%股权，不包含维度信息的65%股权 ...

Group 1 - The core point of the announcement is the approval of the acquisition of 100% equity of Chengdu Kaimar Technology Co., Ltd. by the company, which is deemed necessary for the company's operational and strategic development [1][2] - The supervisory board confirmed that the acquisition will be funded by the company's own funds and part of the raised funds, ensuring that it aligns with the company's operational needs and does not harm the interests of the company and its shareholders [1][2] - The transaction price is based on the valuation from an independent third-party asset appraisal agency, and the board believes the pricing is fair and reasonable [1] Group 2 - The supervisory board also approved the use of raised funds and self-owned funds to pay for the equity acquisition, confirming that the procedures comply with relevant regulations and will not affect the normal implementation of the fundraising projects [2] - The voting results for both proposals were unanimous, with 3 votes in favor and no votes against or abstentions, indicating strong support from the supervisory board [2]

数字化转型建设已经成为企业高质量发展的必经之路，但同样是做数字化明明所选的系统是一样的为什 么企业之间效果差异就那么大？老杨写了大量关于数字化建设的文章，总结成一句话那就是： 没有正确的理念及方法做指引，企业做数字化转型建设不是踩坑就是被坑！ 那么做数字化究竟有多坑？有多少坑？为什么有的企业不断被坑还不断踩坑？是软件的问题还是企业本 身管理的错？今天老杨就来细数一下那些坑。 其实这些坑总结起来分：外部与内部两大方面，外部的坑即数字化服务商，而内部的坑完全在于企业内 部自身的管理。 有人说在数字化转型建设过程中找服务商就如找老婆，存在赌的成分，因为选型期如谈恋爱，不管对方 提什么条件都会满口承诺，展现的都是最好的一面，但如果合同一签，甲乙身份就彻底互换了，老杨曾 经调侃软件公司：签合同之前你是乙方，合同一签我就变成乙方了，话里行间也体现着数字化建设过程 中的诸多无奈。 那么与外部服务商合作有哪些典型的坑呢？老杨总结如下： 1.最佳实践永远在PPT里 数字化建设从选型开始，而选型又以PPT开场，软件公司的PPT里永远展示的总是行业最佳实践，即使 仅应用了某个功能也是最佳实践，因为要保持甲乙双方彼此的体面；至于是不 ...

Group 1 - The core viewpoint expressed by Ren Zhengfei is that there is no need to worry about chip issues, as methods like aggregation and clustering can yield results comparable to the most advanced levels [1] - Ren Zhengfei emphasizes that in the future, there will be a multitude of open-source software options available to meet the needs of society [1]