来源：新浪证券-红岸工作室 1月6日，三态股份涨0.48%，成交额6415.76万元，换手率3.52%，总市值65.79亿元。 异动分析 AIGC概念+知识产权保护+跨境电商+人民币贬值受益+多模态AI 1、公司上市保荐书：公司研发项目：A+智能图片生成项目：AIGC项目之一，通过Stable Diffusion生成 高质量图片，利用mask机制控制生成过程中每个像素点的生成概率。通过调整掩膜值，经过训练的模 型可以实现图像生成过程的精细调控，从而可以根据目标生成高质量、多样化的图像。通过文本输入描 述应用场景并添加自有元素，模板化订制自身产品形象，塑造品牌IP，大幅提升运营效率和节约制作成 本。同时，在图片处理环节也引入AI工具，自动生成各种场景图、尺寸图、细节图，极大减少美工和 运营工作量。 2、根据2023年10月11日互动易，公司自主开发的知识产权风险检测工具"睿观·ERiC"产品已于9月28日 对外开放试用，该产品致力于借助AI大数据模型，为企业提供灵活、低成本、准确的风险监测解决方 案 3、深圳市三态电子商务股份有限公司的主营业务为出口跨境电商零售和第三方出口跨境电商物流。公 司的主要产品及服务为 ...

来源：新浪证券-红岸工作室 12月16日，三态股份跌0.25%，成交额5943.48万元，换手率3.36%，总市值63.42亿元。 异动分析 AIGC概念+知识产权保护+跨境电商+人民币贬值受益+多模态AI 1、公司上市保荐书：公司研发项目：A+智能图片生成项目：AIGC项目之一，通过Stable Diffusion生成 高质量图片，利用mask机制控制生成过程中每个像素点的生成概率。通过调整掩膜值，经过训练的模 型可以实现图像生成过程的精细调控，从而可以根据目标生成高质量、多样化的图像。通过文本输入描 述应用场景并添加自有元素，模板化订制自身产品形象，塑造品牌IP，大幅提升运营效率和节约制作成 本。同时，在图片处理环节也引入AI工具，自动生成各种场景图、尺寸图、细节图，极大减少美工和 运营工作量。 区间今日近3日近5日近10日近20日主力净流入336.40万-567.45万-2148.05万-3951.37万-9623.11万 主力持仓 主力没有控盘，筹码分布非常分散，主力成交额2829.74万，占总成交额的6.94%。 技术面：筹码平均交易成本为8.87元 2、根据2023年10月11日互动易，公司自主开 ...

来源：新浪证券-红岸工作室 12月5日，三态股份涨0.47%，成交额7189.46万元，换手率3.83%，总市值67.76亿元。 异动分析 AIGC概念+知识产权保护+跨境电商+人民币贬值受益+多模态AI 1、公司上市保荐书：公司研发项目：A+智能图片生成项目：AIGC项目之一，通过Stable Diffusion生成 高质量图片，利用mask机制控制生成过程中每个像素点的生成概率。通过调整掩膜值，经过训练的模 型可以实现图像生成过程的精细调控，从而可以根据目标生成高质量、多样化的图像。通过文本输入描 述应用场景并添加自有元素，模板化订制自身产品形象，塑造品牌IP，大幅提升运营效率和节约制作成 本。同时，在图片处理环节也引入AI工具，自动生成各种场景图、尺寸图、细节图，极大减少美工和 运营工作量。 2、根据2023年10月11日互动易，公司自主开发的知识产权风险检测工具"睿观·ERiC"产品已于9月28日 对外开放试用，该产品致力于借助AI大数据模型，为企业提供灵活、低成本、准确的风险监测解决方 案 3、深圳市三态电子商务股份有限公司的主营业务为出口跨境电商零售和第三方出口跨境电商物流。公 司的主要产品及服务 ...

Core Viewpoint - Shenzhen SanTai E-commerce Co., Ltd. is primarily engaged in cross-border e-commerce retail and logistics, benefiting from the depreciation of the RMB and leveraging AI technologies for risk detection and image generation [2][3][7]. Group 1: Company Overview - The company was established on January 7, 2008, and went public on September 28, 2023, focusing on cross-border e-commerce retail (76.14% of revenue) and logistics (23.80%) [7]. - As of November 20, 2023, the company had 29,100 shareholders, with an average of 7,548 circulating shares per person, reflecting a slight decrease [8]. Group 2: Financial Performance - For the period from January to September 2025, the company achieved a revenue of 1.252 billion yuan, representing a year-on-year growth of 0.15%, while the net profit attributable to shareholders decreased by 25.94% to 31.8471 million yuan [8]. - The company has distributed a total of 110 million yuan in dividends since its A-share listing [9]. Group 3: Product and Technology Development - The company has developed an AI-based intellectual property risk detection tool named "RuiGuan·ERiC," which was made available for trial use on September 28, 2023 [2][3]. - The company is also working on an AIGC project that utilizes Stable Diffusion for high-quality image generation, enhancing operational efficiency and reducing production costs [2][3]. Group 4: Market Position and Stock Performance - On November 28, 2023, the company's stock price fell by 1.51%, with a trading volume of 133 million yuan and a market capitalization of 7.226 billion yuan [1]. - The average trading cost of the stock is 9.09 yuan, with the current price approaching a resistance level of 9.23 yuan, indicating potential for upward movement if the resistance is broken [6].

Core Viewpoint - Shenzhen SanTai E-commerce Co., Ltd. is experiencing a decline in stock price, with a 3.20% drop on November 21, 2023, and a total market capitalization of 6.91 billion yuan [1] Company Overview - Shenzhen SanTai E-commerce Co., Ltd. specializes in cross-border e-commerce retail and third-party logistics for cross-border e-commerce, with main revenue sources being 76.14% from cross-border e-commerce product sales and 23.80% from logistics services [7] - The company was established on January 7, 2008, and went public on September 28, 2023 [7] Business Developments - The company has launched an AI-driven intellectual property risk detection tool named "RuiGuan·ERiC," which aims to provide flexible, low-cost, and accurate risk monitoring solutions for businesses [2][3] - The company is also developing an AIGC project that utilizes Stable Diffusion to generate high-quality images, enhancing operational efficiency and reducing production costs [2] Financial Performance - For the period from January to September 2025, the company reported a revenue of 1.252 billion yuan, reflecting a year-on-year growth of 0.15%, while the net profit attributable to shareholders decreased by 25.94% to 31.8471 million yuan [8] - As of November 10, 2023, the company had 29,000 shareholders, with a slight decrease of 1.76% from the previous period [8] Market Position - The company benefits from the depreciation of the Chinese yuan, with overseas revenue accounting for 99.98% of total revenue as of the 2024 annual report [3] - The stock is categorized under the retail trade - internet e-commerce - cross-border e-commerce sector, and is associated with concepts such as small-cap stocks, intellectual property, and logistics [8]

Core Viewpoint - Shenzhen SanTai E-commerce Co., Ltd. is primarily engaged in cross-border e-commerce retail and logistics, benefiting from the depreciation of the RMB and leveraging AI technologies for risk detection and image generation [2][3][7]. Company Overview - The company was established on January 7, 2008, and went public on September 28, 2023. Its main business segments include cross-border e-commerce retail (76.14% of revenue) and logistics (23.80%) [7]. - As of October 31, 2023, the company had 29,500 shareholders, with an average of 7,434 circulating shares per person, showing a slight decrease [8]. Financial Performance - For the period from January to September 2025, the company reported a revenue of 1.252 billion yuan, reflecting a year-on-year growth of 0.15%. However, the net profit attributable to shareholders decreased by 25.94% to 31.8471 million yuan [8]. - The company has distributed a total of 110 million yuan in dividends since its A-share listing [9]. Market Activity - On November 12, 2023, the company's stock price fell by 0.78%, with a trading volume of 53.8678 million yuan and a turnover rate of 2.76%, resulting in a total market capitalization of 7.005 billion yuan [1]. - The stock has seen a net outflow of 5.4605 million yuan from major investors, indicating a lack of clear trend in institutional investment [4][5]. Technological Developments - The company has developed an AI-based intellectual property risk detection tool named "RuiGuan·ERiC," which was made available for trial use on September 28, 2023. This tool aims to provide flexible, low-cost, and accurate risk monitoring solutions for businesses [2][3]. - The company is also working on an AIGC project that utilizes Stable Diffusion for generating high-quality images, enhancing operational efficiency and reducing production costs [2][3].

Core Viewpoint - Shenzhen SanTai E-commerce Co., Ltd. is benefiting from the depreciation of the RMB and is actively developing AI-driven tools for risk detection in cross-border e-commerce [2][3]. Company Overview - Shenzhen SanTai E-commerce Co., Ltd. was established on January 7, 2008, and listed on September 28, 2023. The company primarily engages in cross-border e-commerce retail and logistics [7]. - The company's revenue composition includes 76.14% from cross-border e-commerce product sales, 23.80% from logistics sales, and minimal contributions from technology services and other businesses [7]. Business Developments - The company has launched a proprietary intellectual property risk detection tool named "RuiGuan·ERiC," which utilizes AI and big data models to provide cost-effective and accurate risk monitoring solutions for enterprises [2][3]. - The company is also developing an AIGC project that generates high-quality images using Stable Diffusion, enhancing operational efficiency and reducing production costs [2]. Financial Performance - For the period from January to September 2025, the company achieved a revenue of 1.252 billion yuan, reflecting a year-on-year growth of 0.15%. However, the net profit attributable to the parent company decreased by 25.94% to 31.8471 million yuan [8]. - As of October 31, 2023, the company had a market capitalization of 7.005 billion yuan, with a trading volume of 50.899 million yuan and a turnover rate of 2.62% [1][8]. Market Position - The company operates within the sub-industry of internet e-commerce, specifically focusing on cross-border e-commerce, and is categorized under several concept sectors including small-cap stocks, margin trading, and intellectual property [8]. - As of September 30, 2025, the company had a total of 29,500 shareholders, with a slight increase in the number of shareholders but a decrease in the average number of circulating shares per person [8].

Core Viewpoint - Shenzhen SanTai E-commerce Co., Ltd. is experiencing a decline in stock price and trading volume, with a market capitalization of 7.005 billion yuan, while the company is focusing on cross-border e-commerce and AI-driven risk detection tools [1][4]. Company Overview - Shenzhen SanTai E-commerce Co., Ltd. was established on January 7, 2008, and went public on September 28, 2023. The company specializes in cross-border e-commerce retail and logistics, with 76.14% of revenue from product sales and 23.80% from logistics services [7]. - The company has developed a proprietary intellectual property risk detection tool named "RuiGuan·ERiC," which utilizes AI and big data to provide cost-effective risk monitoring solutions for businesses [2][3]. Financial Performance - For the period from January to September 2025, the company reported a revenue of 1.252 billion yuan, reflecting a year-on-year growth of 0.15%. However, the net profit attributable to shareholders decreased by 25.94% to 31.8471 million yuan [8]. - The company's overseas revenue accounted for 99.98% of total revenue, benefiting from the depreciation of the Chinese yuan [3]. Market Activity - On November 6, the stock price of SanTai fell by 1.22%, with a trading volume of 67.2752 million yuan and a turnover rate of 3.44% [1]. - The stock has seen a net outflow of 8.5402 million yuan from major investors, indicating a trend of reduced holdings over the past three days [4][5]. Technical Analysis - The average trading cost of the stock is 8.95 yuan, with the current price approaching a support level of 8.86 yuan. There are indications of accumulation, but the strength of this accumulation is weak [6].

Core Viewpoint - Shenzhen SanTai E-commerce Co., Ltd. is experiencing a decline in stock price while focusing on cross-border e-commerce and AI-driven risk detection tools, benefiting from the depreciation of the RMB [1][2][3]. Company Overview - Shenzhen SanTai E-commerce Co., Ltd. specializes in export cross-border e-commerce retail and third-party logistics, with revenue composition of 76.14% from cross-border e-commerce goods sales and 23.80% from logistics services [7]. - The company was established on January 7, 2008, and went public on September 28, 2023 [7]. Business Developments - The company launched its AI-based intellectual property risk detection tool "RuiGuan·ERiC" on September 28, 2023, aimed at providing flexible and cost-effective risk monitoring solutions [2][3]. - The AIGC project involves generating high-quality images using AI, which enhances operational efficiency and reduces production costs [2]. Financial Performance - For the period from January to September 2025, the company reported a revenue of 1.252 billion yuan, a year-on-year increase of 0.15%, while net profit attributable to shareholders decreased by 25.94% to 31.8471 million yuan [8]. - The company's overseas revenue accounted for 99.98% of total revenue, benefiting from the depreciation of the RMB [3]. Market Activity - On November 4, the company's stock price fell by 0.66%, with a trading volume of 75.8502 million yuan and a market capitalization of 7.084 billion yuan [1]. - The stock has seen a slight decrease in net inflow from major investors, indicating reduced interest [4][5]. Shareholder Information - As of October 20, 2025, the number of shareholders decreased by 2.20% to 29,400, with an average of 7,451 shares held per person, an increase of 2.24% [8]. - Major shareholders include Hong Kong Central Clearing Limited and various ETFs, with notable reductions in their holdings [9].

Core Viewpoint - Shenzhen SanTai E-commerce Co., Ltd. is benefiting from the depreciation of the RMB and is actively developing AI-driven tools for risk detection in cross-border e-commerce [2][3]. Company Overview - Shenzhen SanTai E-commerce Co., Ltd. was established on January 7, 2008, and went public on September 28, 2023. The company primarily engages in cross-border e-commerce retail and logistics [7]. - The company's revenue composition includes 76.14% from cross-border e-commerce product sales, 23.80% from logistics sales, 0.04% from technical services, and 0.02% from other business [7]. Business Developments - The company has launched a proprietary AI-based intellectual property risk detection tool named "RuiGuan·ERiC," which was made available for external trial on September 28, 2023 [2][3]. - The AIGC project involves generating high-quality images using the Stable Diffusion model, which allows for precise control over the image generation process, enhancing operational efficiency and reducing production costs [2]. Financial Performance - For the period from January to September 2025, the company achieved a revenue of 1.252 billion yuan, reflecting a year-on-year growth of 0.15%. However, the net profit attributable to shareholders decreased by 25.94% to 31.8471 million yuan [8]. - As of October 20, 2023, the number of shareholders decreased by 2.20% to 29,400, while the average circulating shares per person increased by 2.24% to 7,451 shares [8]. Market Position - The company operates within the sub-industry of cross-border e-commerce under the broader category of internet retail, and is associated with concepts such as small-cap stocks, cross-border e-commerce, smart logistics, and intellectual property [8]. - As of November 3, 2023, the company's stock price increased by 0.11%, with a total market capitalization of 7.131 billion yuan [1].