据公司同步更新的募集说明书（修订稿），本次定增拟募集资金总额不超过6亿元，募资净额将用于基 于人工智能技术的智慧信贷系统、全面风险数智化管理平台、数字金融研发中心升级项目、补充流动资 金，各项目分别投入3.5亿元、0.7亿元、0.6亿元、1.1亿元。 值得注意的是，安硕信息此前曾有过违规前科。2014年至2015年间，安硕信息董事长高鸣、时任董秘曹 丰与东方证券分析师合谋，向超百家机构发送夸大邮件，将自身渲染为互联网金融龙头，而对应的业务 收入仅有137万元，占总营收比例不到1%。 此举吸引221只公募抱团入局，推动股价由2014年4月末的28.30元/股飙升至2015年5月末的450元/股。 2016年，证监会下发《行政处罚决定书》，而公司股价也大幅下跌，市值蒸发超90%。 在此"前科"的阴影笼罩之下，监管难免对公司的资本动作进行重点关注。 一方面，监管对建设项目的必要性进行了关注。对于超6000万元的新建研发中心项目，深交所要求安硕 信息说明新建研发中心是否属于重复建设。 2025年11月25日，上海安硕信息技术股份有限公司（下称"安硕信息"）针对深交所关于其6亿元定增预 案的审核问询函作出回复。此次问询 ...

Core Viewpoint - Anshuo Information Technology Co., Ltd. has responded to the Shenzhen Stock Exchange regarding its plan to raise up to 600 million yuan through a private placement, emphasizing the necessity and technological pathways of its fundraising projects [1] Group 1: Fundraising Projects - The company plans to raise a total of up to 600 million yuan, with 353 million yuan allocated to an AI-based smart credit system project, 71.93 million yuan for a comprehensive risk digital management platform, and 62.4 million yuan for upgrading its digital finance R&D center, with the remainder for working capital [1] - The fundraising projects address the pain points of financial institutions' intelligent transformation, such as optimizing credit processes, enhancing risk identification, and improving model iteration efficiency [1] Group 2: R&D Center Upgrade - The upgrade of the R&D center is necessary due to aging equipment that limits the company's ability to meet AI research and development demands, with the net value of electronic equipment at 6.4769 million yuan as of June [2] - The upgraded R&D center will serve as a unified technical base, enhancing computational support, data processing capabilities, and management of the research environment, which is crucial for maintaining competitiveness in the financial sector [2] Group 3: Technological Feasibility - Anshuo Information has developed the A3 Cloud technology architecture, holding 490 software copyrights and 2 patents, which provide a solid technical foundation for project implementation [3] - The company's strategic approach to expanding its existing architecture helps mitigate R&D risks, reflecting a systematic layout in the AI field [3] - The financial technology industry is evolving towards intelligent decision-making, with competition increasingly reliant on underlying architecture capabilities, model effectiveness, and data governance levels [3]

Core Viewpoint - Shanghai Anshuo Information Technology Co., Ltd. has completed a comprehensive response to the Shenzhen Stock Exchange's inquiry regarding its 600 million yuan private placement plan, highlighting the company's strategic focus on artificial intelligence technology and financial technology digitalization [1][6] Funding and Project Details - The total amount of funds raised from the private placement will not exceed 600 million yuan, aimed at projects including an AI-based smart credit system, comprehensive risk digital management platform, digital financial R&D center upgrade, and working capital supplementation [1][5] - The R&D center project is a restructuring and upgrade of the existing center, with a total investment of 62.4 million yuan for infrastructure improvements, addressing the urgent need for enhanced capabilities [2][3] Technological and Competitive Advantages - The smart credit system and comprehensive risk digital management platform are highlighted for their technological advantages and profitability prospects, with the company adopting a modular development approach to enhance flexibility and responsiveness to market demands [2][3] - The projects leverage existing A3 Cloud technology and the company's intellectual property, including 490 software copyrights and 2 patents, ensuring a solid foundation for development [3] Financial Performance and Stability - The company has turned a profit during the reporting period, with a significant recovery in net profit attributable to the parent company, attributed to the resolution of previous macroeconomic challenges [3][4] - Accounts receivable increased by 123.47% compared to the end of 2024, primarily due to seasonal business characteristics and the long approval cycles of banking clients, with a collection rate of 41.96% as of October 31, 2025 [4] Industry Context and Future Outlook - The financial technology sector is undergoing a deep transformation driven by AI, with increasing demand for intelligent transformation among financial institutions [5] - The company's response to the inquiry alleviated market concerns regarding project feasibility and financial stability, positioning it for a transition from "process-driven" to "intelligent decision-driven" operations, thereby enhancing its competitive edge in the digital transformation of the financial industry [6]

Core Viewpoint - Anshuo Information (300380.SZ) plans to raise 600 million yuan through a private placement to fund AI-based projects and upgrade its digital financial research center, amidst scrutiny over its low profitability and high inventory levels [1][3][4]. Group 1: Fundraising and Project Allocation - The company intends to raise 600 million yuan, with 353 million yuan allocated to the AI-based smart credit system, 71.93 million yuan for the risk digitalization platform, and 62.4 million yuan for upgrading the research center, while the remainder will supplement working capital [1][4][5]. - The total investment for the smart credit system is projected at 354.36 million yuan, while the digital financial research center upgrade is estimated at 62.4 million yuan [5]. Group 2: Response to Regulatory Scrutiny - In response to the Shenzhen Stock Exchange's inquiry regarding the necessity of the new research center, the company clarified that the project is an upgrade rather than a duplication, focusing on hardware and software improvements to support AI-driven applications [6][7]. - The company emphasized that the new research center will address issues such as outdated equipment and insufficient computing power, aiming to create a unified research platform that enhances operational efficiency [6]. Group 3: Financial Performance and Challenges - Anshuo Information reported net losses of 82.95 million yuan in 2022 and projected a gradual recovery, expecting a net profit of 653.61 million yuan in 2024 [8][10]. - The company has implemented workforce reductions to manage costs, which has improved operational efficiency despite previous challenges in project delivery due to macroeconomic factors [9][10]. Group 4: Historical Context and Market Perception - The company previously faced scrutiny for misleading capital operations related to its internet finance business, which led to significant regulatory penalties and a decline in stock price [11][12]. - Anshuo Information's stock price once soared to 400 yuan per share shortly after its IPO, driven by exaggerated claims about its business prospects, but later faced investigations that revealed the lack of substantial revenue from its purported internet finance operations [12].

Core Viewpoint - The company is responding to the Shenzhen Stock Exchange's inquiry regarding its recent private placement, emphasizing the necessity of upgrading its research and development (R&D) platform to support AI-driven initiatives [1][3]. Group 1: R&D Center Project - The total investment for the R&D center project is 62.4 million yuan, which includes costs for bandwidth, IDC (Internet Data Center) leasing, and hardware/software purchases [3]. - The existing R&D center is outdated and cannot support a fully virtualized, multi-tenant architecture, necessitating a complete overhaul to create a unified R&D platform [3]. - The new R&D center will enhance infrastructure support for various R&D activities and will be interconnected with the company's data service center and headquarters [3]. Group 2: AI-Driven Projects - The company plans to raise up to 600 million yuan through a private placement, with 353 million yuan allocated to an AI-based smart credit system project and 71.93 million yuan for a comprehensive risk digital management platform [2]. - The smart credit project aims to leverage AI, data, and end-to-end collaboration to establish a competitive edge in the credit business, with a development cycle of three years [4][5]. - The digital risk management platform will create a unified framework for risk applications, enhancing resource reuse and providing a comprehensive risk monitoring view [5]. Group 3: Market Position and Competitiveness - The company is recognized as a leading provider of IT solutions for banks in China, with a strong demand for AI applications in the financial sector [4]. - Competitors are increasing their investments in AI and cloud-native technologies, highlighting the need for the company to upgrade its systems to maintain competitiveness [4]. - The company asserts that its current technology foundation supports the development of the proposed projects, which have already shown promising results [5].

Core Viewpoint - Anshuo Information (300380) has disclosed a detailed response report to the Shenzhen Stock Exchange regarding its plan to raise no more than 600 million yuan through a private placement, focusing on its AI transformation strategy, which raises concerns about the credibility and execution of its strategic plans due to its historical issues with misleading statements and regulatory penalties [1][7]. Group 1: Fundraising and Investment Plans - The company plans to invest the raised funds into an "AI-based smart credit system," a "comprehensive risk digital management platform," and upgrades to its digital financial R&D center, along with supplementing working capital [1][2]. - The smart credit system and risk digital management platform aim to enhance product offerings through AI technology, introducing four new modules and upgrading 11 core modules [2][3]. Group 2: Regulatory Concerns - Regulatory authorities have questioned the necessity of the projects, asking whether there is a risk of "duplicate construction" and requiring a comparison of the new technology with existing capabilities [3]. - The company claims to have obtained multiple software copyrights on its A3 Cloud technology architecture and asserts that the project will transition from "process-driven" to "intelligent decision-driven" technology [3]. Group 3: Financial Projections and Risks - The company forecasts that the smart credit system and risk digital management platform will generate annual sales revenues of 600 million yuan and 100 million yuan, respectively, but the regulatory body has raised concerns about the sufficiency of the basis for these projections [3]. - The projects are expected to incur significant financial pressure, with estimated annual depreciation and amortization of approximately 71.69 million yuan, which would account for 5.08% of projected revenue [3]. Group 4: Profitability and Asset Quality - The company's profitability has been under scrutiny, with reported net profits of -82.95 million yuan in 2022, -53.46 million yuan in the first half of 2023, and only a slight profit of 6.54 million yuan projected for 2024 [4]. - The company attributes its low profitability to macroeconomic factors affecting project delivery and acceptance efficiency, leading to increased operating costs and asset impairment losses [4]. Group 5: Historical Context and Market Sentiment - Anshuo Information has a history of misleading statements, having been penalized by the regulatory authority for deceptive practices related to its internet finance business from 2014 to 2015, which resulted in significant financial losses for investors [7][8]. - The company has not engaged in major capital operations in the past decade until this recent AI transformation proposal, which raises questions about its strategic direction and market confidence [8].

Core Insights - The company, Shanghai Anshuo Information Technology Co., Ltd., reported a revenue of 380 million yuan for the first half of 2025, representing a year-on-year growth of 14.48% [1] - The net profit attributable to shareholders reached 11.8832 million yuan, marking a significant increase of 182.65% compared to the same period last year [1] Group 1: Business Performance - The company continues to focus on its core business in credit risk management, winning influential industry projects and responding to clients' needs for digital and intelligent upgrades [1] - There has been a steady increase in project acceptance confirmation revenue and collections compared to the previous year [1] - The company has established a broad and stable customer base, with long-term partnerships with most banking clients [1] Group 2: Market Trends - Financial institutions are accelerating their digital and intelligent transformation, leading to increased budgets for information technology, digitalization, and intelligent construction [1] - The growing market demand for the company's main business is a key factor driving recent performance growth [1] Group 3: AI and Innovation - AI is identified as a critical driver for transformation in the financial industry and a key focus area for the company [2] - The company has deepened collaboration with various financial institutions in large model development, focusing on core business areas such as marketing, risk control, and due diligence [2] - A planned issuance of A-shares aims to raise up to 600 million yuan, with funds allocated for AI-based smart credit systems and risk management platforms, enhancing financial structure and supporting business expansion [2]

Core Viewpoint - The company Anshuo Information (300380.SZ) announced a plan to issue A-shares to specific investors, aiming to raise up to 600 million yuan for various projects related to artificial intelligence and digital finance [1][4]. Fundraising Details - The total amount to be raised is capped at 600 million yuan, which will be allocated to an AI-based smart credit system (approximately 352.67 million yuan), a comprehensive risk digital management platform (approximately 71.93 million yuan), a digital finance R&D center upgrade project (approximately 62.40 million yuan), and to supplement working capital (approximately 113 million yuan) [2][4]. - The shares will be issued as domestic listed ordinary shares (A-shares) with a par value of 1.00 yuan per share, and the issuance will be conducted through a targeted offering to no more than 35 specific investors [2][3]. Issuance Process - The issuance will follow a competitive bidding process, with the price set at no less than 80% of the average trading price over the 20 trading days prior to the pricing date [3]. - The total number of shares issued will not exceed 41,531,715, which is capped at 30% of the company's total share capital prior to the issuance [3]. Control and Ownership - The actual controllers of the company are Gao Yong and Gao Ming, who collectively hold 41.28% of the company's shares. The issuance will not change the control of the company, as Anshuo Development will remain the controlling shareholder [4][7]. - As of the announcement date, the specific investors for the issuance have not been determined, and any related party transactions will be disclosed in the issuance report after completion [3][4]. Shareholder Reduction - Anshuo Development and its actual controllers have engaged in share reductions, with Anshuo Development reducing its holdings by 325,916 shares at an average price of 50.68 yuan per share and 1,273,500 shares at an average price of 39.55 yuan per share [5][6]. - Gao Ming and another executive, Zhai Tao, also reduced their holdings during the same period, with total reductions amounting to approximately 173 million yuan across all parties involved [6][7].

Core Viewpoint - The company, Anshuo Information, plans to raise up to 600 million yuan through a private placement, with nearly 60% of the funds allocated for an AI-based smart credit system project, reflecting the growing demand for digitalization in financial services driven by the AI wave [1][2]. Group 1: Fundraising and Project Allocation - Anshuo Information intends to issue shares to no more than 35 specific investors, with a total fundraising amount not exceeding 600 million yuan, all of which will be used for various projects including the AI-based smart credit system [1][2]. - The smart credit system project has a planned total investment of approximately 354 million yuan, with about 353 million yuan coming from the raised funds, accounting for 58.78% of the total [2]. - Other projects include a comprehensive risk digital management platform with an investment of 71.93 million yuan (11.99% of the total), a digital financial R&D center upgrade costing 62.4 million yuan (10.4%), and working capital supplementation of 113 million yuan (18.83%) [2]. Group 2: Market Trends and Company Strategy - The company aims to enhance its operations through the AI-based smart credit system by adding four new modules and upgrading eleven existing ones, with a construction period of 36 months and an expected annual revenue of 600 million yuan upon completion [2][3]. - Anshuo Information has noted a rising trend in digital and intelligent credit business needs, with 84.29% of surveyed banks having deployed a digital financial strategy [3]. - The banking sector's IT investment in China reached approximately 163.4 billion yuan in 2023, showing a year-on-year growth of 13%, with a projected compound annual growth rate of 9.3% from 2024 to 2028 [3]. Group 3: Company Performance and Shareholding - In the first quarter of this year, Anshuo Information reported a revenue of 150 million yuan, an increase of 8.92% year-on-year, while the net profit attributable to shareholders decreased by 35.99% to 1.6483 million yuan [4]. - The revenue from credit management systems accounted for 72.74% of the company's total revenue in the 2024 financial report [4]. - Anshuo Development holds 27.93% of the company's shares, making it the controlling shareholder, while the actual controllers, Gao Yong and Gao Ming, collectively control 41.28% of the shares, ensuring that the control of the company remains unchanged post-fundraising [4].

Group 1 - The core viewpoint of the article is that Anshuo Information (300380.SZ) has announced a plan to issue A-shares to specific investors, aiming to raise a total of no more than 600 million yuan for various projects [1] Group 2 - The funds raised will be allocated to projects including an AI-based smart credit system, a comprehensive risk digital management platform, an upgrade project for the digital financial R&D center, and to supplement working capital [1]