风险提示：股市有风险，投资需谨慎。 慧博云通属于软件开发行业，公司业务涵盖信息技术服务领域。 公司8月26日在互动平台表示，并购重组的尽调工作正在持续进行中，将根据规则披露具体进展。 8月26日主力资金净流出12532.82万元，近五日主力资金累计净流出39795.89万元。 截至2025年8月26日收盘，慧博云通报58.45元，较前一交易日下跌0.37元，跌幅0.63%。当日成交量为 249895手，成交金额达14.74亿元，换手率为10.29%。 ...

证券研究报告 公司研究 [Table_ReportType] 公司点评报告 [Table_StockAndRank] 顾家家居(603816) 投资评级 上次评级 [Table_Author] 姜文镪 新消费行业首席分析师 执业编号：S1500524120004 邮 箱：jiangwenqiang@cindasc.com [Table_ReportDate] 2025 年 08 月 25 日 [Table_S 事件：公司ummar发布y] 2025 半年报。2025H1 公司实现收入 98.01 亿元（同比 +10.0%），归母净利润 10.21 亿元（同比+13.9%），扣非归母净利润 9.00 亿元（同比+15.3%）；2025Q2 公司实现收入 48.87 亿元（同比+7.2%），归 母净利润 5.01 亿元（同比+5.4%），扣非归母净利润 4.41 亿元（同比+8.9%）。 点评： 内销：零售转型效果显现，核心品类保持增长。2025H1 公司内销收入 52.25 亿元（同比+10.7%）、毛利率 39.59%（同比+1.77pct）。国内市场顾家品牌、 独立品牌均取得业绩稳步提升，零售转型卓有成效、 ...

天眼查App显示，近日，宁夏宝麓酒庄有限公司成立，法定代表人为杨婉婷，注册资本100万人民币， 经营范围为许可项目：酒类经营；食品销售；食品互联网销售。（依法须经批准的项目，经相关部门批 准后方可开展经营活动，具体经营项目以相关部门批准文件或许可证件为准）一般项目：食品销售（仅 销售预包装食品）；食品互联网销售（仅销售预包装食品）；软件开发；信息技术咨询服务；日用品销 售；租赁服务（不含许可类租赁服务）；技术服务、技术开发、技术咨询、技术交流、技术转让、技术 推广。（除依法须经批准的项目外，凭营业执照依法自主开展经营活动）。 ...

Core Viewpoint - YSXT's stock price increased by 3.77% to $2.75 per share, with a total market capitalization of $64.45 million as of August 20 [1] Financial Performance - As of March 31, 2025, YSXT reported total revenue of $71.45 million, representing a year-on-year growth of 22.04% [1] - The net profit attributable to the parent company was $4.02 million, showing a year-on-year decrease of 11.92% [1] Company Overview - YSXT is an offshore holding company registered in the Cayman Islands, operating in the People's Republic of China (PRC) through a VIE structure [1] - The company provides comprehensive business solutions primarily to insurance companies and brokerage firms in China [1] - YSXT focuses on value-added services in the auto insurance aftermarket, software development, IT services, and customized services based on specific scenarios [1] - The company leverages its proprietary industry knowledge to collaborate with clients, understanding their needs and challenges to provide suitable services [1]

Group 1 - The core point of the article highlights the stock performance of Guanshang Technology, which closed at 68.67 yuan on August 19, experiencing a decline of 1.97 yuan from the previous trading day [1] - The stock reached a maximum of 71.00 yuan and a minimum of 68.51 yuan during the trading day, with a total fluctuation of 3.52% [1] - The trading volume for the day was 32,577 hands, resulting in a turnover rate of 6.30% [1] Group 2 - Guanshang Technology is a software development company focused on information technology services, registered in Sichuan, and involved in the Xinchuang industry and robotics technology research and development [1] - The company has been included in the list of specialized and innovative enterprises, indicating its recognition in the industry [1] - As of August 19, the total market capitalization of the company is 5.494 billion yuan, with a circulating market value of 3.551 billion yuan [1] Group 3 - On August 19, there was a net outflow of 17.55 million yuan from the main funds, accounting for 0.49% of the circulating market value [1] - Over the past five trading days, there has been a cumulative net inflow of 11.93 million yuan, representing 0.34% of the circulating market value [1] - The stock experienced a rapid decline of over 2% within five minutes around 9:30 AM on the same day [1]

Core Insights - The software industry in China reported a revenue of 42,582 billion yuan in the first four months of the year, reflecting a year-on-year growth of 10.8% [1] - The total profit of the software industry reached 5,075 billion yuan, with a year-on-year increase of 14.2% [1] - Software exports amounted to 17.26 billion USD, showing a growth of 3.5% compared to the previous year [1] Revenue Breakdown - Software product revenue was 9,933 billion yuan, marking a year-on-year growth of 9.6%, accounting for 23.3% of the total industry revenue [1] - Basic software revenue was 536 billion yuan, with an increase of 8.6% [1] - Industrial software product revenue reached 913 billion yuan, growing by 6.3% [1] Information Technology Services - Revenue from information technology services was 28,415 billion yuan, reflecting a year-on-year growth of 11.5%, constituting 66.7% of the total industry revenue [1] - Cloud computing and big data services generated 4,658 billion yuan, with a growth of 11.4%, representing 16.4% of the information technology services revenue [1] - Integrated circuit design revenue was 1,210 billion yuan, showing an 18.0% increase [1] - E-commerce platform technology service revenue reached 3,341 billion yuan, with an 8.1% growth [1]

Core Viewpoint - The company, Tianji Technology (300245.SZ), has confirmed that it is currently not involved in stablecoin or raw-related businesses, focusing instead on information technology services and industry digital solutions [1]. Group 1 - The company has clarified its business focus, which is on information technology services and industry digital solutions [1]. - There is no involvement in stablecoin or raw-related businesses as per the company's statement [1].

Core Viewpoint - YSXT's stock opened at $2.9 per share, with a market capitalization of approximately $67.97 million, reflecting a 2.47% increase [1] Financial Performance - As of March 31, 2025, YSXT reported total revenue of $71.45 million, representing a year-on-year growth of 22.04% [1] - The net profit attributable to the parent company was $4.02 million, showing a year-on-year decrease of 11.92% [1] Company Overview - YSXT is an offshore holding company registered in the Cayman Islands, operating in the People's Republic of China (PRC) through a VIE structure [1] - The company provides comprehensive business solutions primarily to insurance companies and brokerage firms in China [1] - YSXT focuses on value-added services in the auto insurance aftermarket, software development, IT services, and customized services based on specific scenarios [1] - The company leverages its proprietary industry knowledge to collaborate with clients, understanding their needs and challenges to provide suitable services [1]

Core Insights - The software and information technology services industry in China showed a positive performance in the first half of the year, with steady revenue growth and double-digit profit increases [1][2] - Software business revenue reached 70,585 billion RMB, a year-on-year increase of 11.9%, while total profits amounted to 8,581 billion RMB, growing by 12.0% [1] - Software exports totaled 28.3 billion USD, reflecting a growth of 5.3% compared to the previous year [1] Revenue Breakdown - Information technology services generated 48,362 billion RMB in revenue, marking a 12.9% year-on-year increase and accounting for 68.5% of the total industry revenue [1] - Cloud computing and big data services achieved a combined revenue of 7,434 billion RMB, growing by 12.1% [1] - Integrated circuit design revenue reached 2,022 billion RMB, with an impressive growth of 18.8% [1] - E-commerce platform technology services generated 5,882 billion RMB, reflecting a 10.2% increase [1] Software Products Performance - Software product revenue was 15,441 billion RMB, with a year-on-year growth of 10.6%, representing 21.9% of the total industry revenue [1] - Basic software product revenue reached 903 billion RMB, growing by 13.8% [1] - Industrial software product revenue was 1,445 billion RMB, with an increase of 8.8% [1] Regional Performance - The Beijing-Tianjin-Hebei region saw a software business revenue increase of 12.5% [2] - The Yangtze River Delta region experienced a revenue growth of 13.7% [2] - The top five provinces in software business revenue were Beijing, Guangdong, Jiangsu, Shandong, and Shanghai, with year-on-year growth rates of 12.6%, 9.0%, 14.4%, 12.9%, and 18.0% respectively [2]

Group 1 - The article discusses issues related to invoice issuance for taxpayers, specifically when selecting project names that do not match the maintained project information [2] - It provides a solution for taxpayers facing errors when trying to issue invoices, suggesting they check and correct the project information in the tax system [2] - The article emphasizes the importance of ensuring that the product and service classification names are consistent to avoid errors during the invoicing process [2] Group 2 - The source of the information is identified as the Shanxi Taxation Bureau, indicating an official context for the guidance provided [3] - The article serves as a learning reference, clarifying that it is not an official tax standard but rather a compilation of notes for educational purposes [5] - It encourages readers to engage in sharing learning experiences and outcomes, promoting a collaborative approach to understanding tax-related issues [5]