格隆汇7月30日丨万兴科技(300624.SZ)在互动平台表示，公司主业为数字创意软件产品的销售与服务， 不涉及电池生产与销售。 ...

格隆汇7月30日丨万兴科技(300624.SZ)在互动平台表示，公司主业为数字创意软件产品的销售与服务， 不涉及互联网金融业务。 ...

中国初创公司的崛起已经成为全球科技巨头不可忽视的重要力量。达洛兹表示，达索系统在45年前刚成立时，也不过是一家"初创公司"。 十年前，达索系统在全球开设3DEXPERIENCE开放创新实验室，开始对全球初创型企业进行战略布局。对于为何十年后选择在中国上海落地新实验室，达 洛兹对第一财经记者表示："初创公司代表着未来技术发展的方向，原始创新往往来自初创公司，而非传统企业。拥抱初创公司就是拥抱未来。" 他以生命科学行业为例称，达索系统的生命科学业务在全球范围贡献的收入比重已经达到四分之一，超过了汽车交通业务，而中国是生命科学领域的关键研 发力量。达索系统在中国生命科学领域的业务才刚起步。 拥抱初创就是拥抱未来。 "中国在人工智能的规模化应用方面处于领先地位，必将引领全球人工智能的发展。"达索系统全球CEO帕斯卡·达洛兹（Pascal Daloz）在上海接受第一财经 记者采访时表示。 他称中国正在成为全球创新的策源地，全球约80%的人形机器人都使用达索系统软件设计，而大部分人形机器人都来自于中国。"因为中国既有技术基础， 也有能源资源，这是美国和欧洲无法兼得的。" 昨日，法国达索系统位于中国的首个3DEXPERIE ...

Key Points - The report highlights a moderate recovery in the Chinese economy, with consumption and investment as core drivers [8][12][18] - The A-share market is experiencing a gradual upward trend, supported by long-term capital inflows and favorable policies [5][9][12] - The report suggests focusing on technology growth and cyclical manufacturing sectors for investment opportunities [8][12][21] Domestic Market Performance - The Shanghai Composite Index closed at 3,609.71 with a slight increase of 0.33% [3] - The Shenzhen Component Index closed at 11,289.41, rising by 0.64% [3] - The average P/E ratios for the Shanghai Composite and ChiNext are 14.78 and 41.32, respectively, indicating a suitable environment for medium to long-term investments [8][9] International Market Performance - Major international indices such as the Dow Jones and S&P 500 experienced declines of 0.67% and 0.45%, respectively [4] - The report notes that global risk appetite may improve if the Federal Reserve signals a clear path towards interest rate cuts [8][12] Industry Insights - The machinery sector showed a 7.35% increase in July, outperforming the CSI 300 index [13] - The report emphasizes the importance of focusing on sectors with stable fundamentals and high dividend yields, such as engineering machinery and high-speed rail equipment [14] - The electric power and public utilities sector is rated as "stronger than the market," with a focus on large hydropower companies [18] Sector Analysis - The automotive industry continues to grow, with June production and sales figures showing increases of 5.50% and 8.12% month-on-month [22][23] - The gaming and publishing sectors are expected to perform well, driven by strong demand and favorable policy environments [26][27] - The food and beverage sector is facing challenges, with a decline in most sub-sectors except for health products [33][34] Investment Recommendations - The report recommends maintaining a focus on sectors with strong fundamentals and high dividend yields, particularly in engineering machinery and high-speed rail [14][18] - It suggests monitoring the automotive sector for potential growth driven by policy support and consumer demand [25] - The gaming and publishing sectors are highlighted as having strong growth potential, particularly with the integration of AI technologies [27][28]

Core Insights - The article emphasizes that in the AI era, achieving Product-Market Fit (PMF) is no longer a static milestone but a dynamic process that requires continuous adaptation to changing customer expectations and technological advancements [3][4][6]. Group 1: Understanding PMF in the AI Era - PMF is not a fixed point; it requires ongoing effort to maintain and expand as customer needs evolve [3]. - The threshold for achieving PMF is increasing rapidly due to technological changes, particularly in the AI landscape, where the speed of adoption is much faster than in previous technological revolutions [4][6]. - Once an AI application proves effective, its market penetration can happen almost overnight, leading to a significant risk of existing solutions losing PMF [8]. Group 2: Evolving Customer Expectations - Customer expectations are shifting from seeking tools for creation to demanding solutions that complete tasks automatically [13]. - There is a transition from requiring standard solutions that users can customize to expecting tailored solutions that meet specific needs [14]. - The expectation is moving from manual operations to automated processes, which can significantly enhance user experience and efficiency [16]. Group 3: Assessing PMF Loss Risk - Companies should evaluate how customers use their products, with a focus on direct versus indirect access to gauge PMF sustainability [17]. - The frequency of product use is crucial; low-frequency products face higher risks of losing PMF as users are more likely to switch to alternatives [18]. - Understanding the "creative workflow" of users is essential, as products integrated into core tasks are less likely to be replaced by AI solutions [20]. Group 4: Strategic Adjustments - Companies need to allocate resources effectively across different types of product work, including PMF work, feature work, growth work, scaling work, and PMF expansion [24][27]. - The assessment of PMF loss risk should guide whether to shift resources from feature optimization to PMF expansion or re-evaluation efforts, even if current usage data does not indicate an immediate need [28].

《上市公司章程指引》 （以 下简称《章程指引》）等法律法规、规范性文件，以及《广州中望龙腾软件股份有限公 司章程》（以下简称《公司章程》）等有关规定，广州中望龙腾软件股份有限公司（以 下简称"公司"）为完善公司治理结构并保证董事会规范运作，于 2025 年 7 月 29 日召 开了职工代表大会并做出决议，选举吕成伟先生为公司第六届董事会职工董事（简历 见附件），任期自本次职工代表大会审议通过之日起至第六届董事会任期届满之日止。 吕成伟先生符合《公司法》 《章程指引》等法律法规、规范性文件以及《公司章程》中 有关董事任职资格的规定，将按照规定履行职工董事的职责。 证券代码：688083 证券简称：中望软件 公告编号：2025-039 广州中望龙腾软件股份有限公司 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、准确性和完整性承担个别及连带责任。 根据《中华人民共和国公司法》 （以下简称《公司法》）、 吕成伟，男，中国国籍，无境外永久居留权。1986 年 5 月生，本科学历，2009 年 毕业于武汉轻工大学获学士学位。2009 年 11 月至 2011 年 6 ...

当地时间7月28日，美媒报道称，今年春夏毕业的大学生正遭遇十余年来(新冠疫情特殊时期除外)最严 峻的就业市场，22岁至27岁的学位持有者的失业率已攀升至近十年来的峰值。 美国大学生群体的失业率不仅超过整体失业率水平，两者间的差距更是创下三十多年来的新高。 大学生就业遇冷的背后，当下火热的人工智能(AI)正愈发受到关注，它是否是造成这一困境的罪魁祸 首？ 形势恶化 企业的声明进一步加剧了人们的担忧，科技行业已明确将AI纳入招聘与裁员的决策考量。电子商务平 台Shopify与外语学习应用Duolingo的CEO均表示，未来招聘将以"先证明岗位无法被自动化"为前提条 件。 Meta首席执行官扎克伯格透露，公司已在借助AI工程师完成大量基础编码工作。他同时预测，未来12 至18个月内，Meta的大部分代码都将由AI编写。 微软联合创始人比尔盖茨表示，AI在编程、深度研究等领域的进步速度远超他的预期，对于大学毕业 生来说，找工作将变得更加有挑战性。不过，比尔盖茨认为，AI可能替代电话销售等简单工作，而在 人类最具创造力的领域，更多是作为辅助工具存在。同时，生产力的提升将带来积极影响，让人们有更 多机会投身更有价值的工作 ...

Group 1 - Goldman Sachs expects the revenue of nine covered software companies to improve quarter-over-quarter in Q2, driven by a rebound in customer order momentum [1] - IT spending in certain sectors, such as construction, continues to face short-term pressure [1] - The firm anticipates that Q2 earnings for software companies will remain weak, but improvements are expected in the second half of the year due to enhanced operational efficiency and workforce optimization [1] Group 2 - In the Chinese ERP sector, Goldman Sachs forecasts Kingdee International's revenue to grow by 13% year-over-year to 3.2 billion yuan, supported by improved spending from large enterprise clients [1] - The firm believes that increased productivity per capita will contribute to profit improvement for Kingdee [1] - Goldman Sachs maintains a "Buy" rating on Kingdee, raising the target price from 17.81 HKD to 18.87 HKD [1]

Core Viewpoint - The rapid development of artificial intelligence technology is creating extensive opportunities in the market, with a focus on analyzing AI concept stocks and market trends [1]. Group 1: AI Innovations - Microsoft has integrated an AI Agent, Copilot mode, into its Edge browser, enhancing user experience by automating searches and providing comprehensive results [3]. - Zhizhu has released its next-generation flagship model GLM-4.5, featuring a total parameter count of 355 billion and an activation parameter count of 32 billion, with competitive API pricing [3]. Group 2: Market Performance - On July 28, U.S. stock indices showed mixed performance, with the S&P 500 and Nasdaq reaching new historical highs, driven by Nvidia's stock performance [4]. - Nvidia's stock has surged over 170% in 2024, following a remarkable 240% increase in 2023, resulting in a valuation increase of approximately $700 billion [5]. Group 3: Nvidia's Supply Chain Dynamics - Nvidia has placed an order for 300,000 H20 chipsets with TSMC, influenced by strong demand from China [6]. - Following the lifting of restrictions on H20 sales to China, Nvidia has shifted its strategy from relying solely on existing inventory, although previous orders were canceled due to earlier restrictions [7]. Group 4: Software Provider Dynamics - AI tools are simplifying the process for companies and government clients to switch software providers, potentially impacting major software companies like Microsoft, Palantir, and Salesforce [9]. - The integration of AI tools has reduced the time and cost of switching providers by 50%, making it easier for companies to transition to new systems [10].

Group 1 - Goldman Sachs reports that Kingdee International (00268) is expected to achieve a 13% year-on-year revenue growth to 3.2 billion RMB in the first half of the year, driven by improved spending from large enterprise clients [1] - The firm believes that the increase in per capita productivity will lead to profit improvement and maintains a "Buy" rating for Kingdee [1] - Goldman Sachs has raised its earnings forecasts for Kingdee International for 2026 and 2027 by approximately 1% to reflect growth in cloud service revenue from large enterprises and a slight decrease in operating expense ratio, while keeping the current year's forecast unchanged [1] Group 2 - The target price for Kingdee International has been adjusted from 17.81 HKD to 18.87 HKD [1] - Goldman Sachs anticipates that the nine software companies it covers will see quarter-on-quarter revenue growth in the second quarter, primarily due to a rebound in customer order momentum [1] - However, certain sectors, such as construction, are still facing short-term pressure on IT spending [1] - The firm expects that software companies will improve profitability in the second half of the year as operational efficiency and workforce optimization enhance [1]