Core Viewpoint - The event focused on building communication bridges and sharing data value, aiming to empower local development and promote industry evolution through data collaboration [1][3]. Group 1: Event Highlights - The event showcased three main highlights: the latest achievements of multi-field ecological partners, the formation of a "government-industry-academia-research expert group" to assist in product optimization, and the establishment of a long-term cooperation mechanism [3]. - The event emphasized that the data ecosystem is not a "solo performance" but a collaborative system, aiming to promote the prosperity and development of the data factor ecosystem [3]. Group 2: Regional Development - Wang Caibo, a member of the Standing Committee of the Yibin City Nanxi District, shared the district's experience in promoting industrial digitization and digital industrialization, highlighting significant achievements in deep application scenarios, solid manufacturing foundations, and talent team building [3]. - The district has released an opportunity list for 2025, unveiling eight major investment attraction projects to help enterprises share the dividends of digital economic development [3]. Group 3: Data Ecosystem Development - Liu Wenzhong, Deputy General Manager and Chief Technology Officer of People's Data, discussed the exploration of building a credible data ecosystem, focusing on creating a win-win ecosystem based on AI and data value [4]. - The event featured various government and enterprise units showcasing their latest technologies and solutions in data services, AI, and smart governance, aiming to enhance the quality and profitability of data products [4]. Group 4: Standardization and Governance - The national data standardization work is progressing steadily, with the establishment of the National Data Standardization Technical Committee planned for October 2024, which will oversee the formulation and revision of standards across various fields [4]. - The comprehensive data security solutions presented by various companies aim to promote the credible circulation and value release of data elements [6]. Group 5: Innovative Solutions - The "Gongxiangji Urban-Rural Agricultural Digital Platform" was introduced, which integrates a five-level data control system to enhance rural supply efficiency and service quality [5]. - Companies like Beijing Aoxing Beisi Technology and Shanghai Yunbao Shuying Data are developing integrated platforms to facilitate data compliance and circulation across multiple industries [6][7]. Group 6: Future Plans - The "People's Data Ecological Service 2025 Special Plan" was officially released, focusing on four core directions: value co-creation, supply-demand matching, talent foundation building, and ensuring data security and trustworthiness [7]. - The event will continue as a series, establishing a normalized mechanism for linking supply and demand in the data factor field to support data ecosystem construction [7].

Group 1 - The company, Geer Software (603232.SH), plans to issue shares to specific investors to raise a total of no more than 283 million yuan [1] - The net proceeds from the fundraising, after deducting issuance costs, will be used for the industrialization of quantum-resistant cryptography technology projects, development and industrialization of trusted data space platforms, and to supplement working capital [1]

Core Viewpoint - The company plans to raise up to 283 million yuan through a simplified procedure for issuing A-shares to specific investors, aimed at funding quantum-resistant cryptography technology and trusted data space platform development, as well as supplementing working capital [1][2][3]. Group 1: Background and Purpose of the Issuance - The issuance is driven by the increasing importance of information security in China, supported by a robust legal framework including the Cybersecurity Law and Data Security Law, which has led to heightened investments in information security across various sectors [1][2]. - The rise of quantum computing poses significant threats to traditional cryptographic methods, necessitating the development of quantum-resistant algorithms to safeguard sensitive information [1][2][3]. Group 2: Investment Projects and Strategic Alignment - The funds raised will be allocated to projects that align with national policies and the company's strategic goals, focusing on enhancing technical capabilities in data security to meet the urgent needs of government, military, and financial sectors [2][3][4]. - The company aims to leverage its expertise in cryptography to capitalize on the growing demand for data security solutions, thereby improving its market competitiveness and expanding its business scope [3][4]. Group 3: Necessity and Feasibility of the Issuance - The issuance is deemed necessary to support the company's long-term strategic objectives, maintain a healthy capital structure, and reduce financial risks [4][5]. - The choice of issuing A-shares to a limited number of specific investors is compliant with regulatory requirements and is considered an appropriate financing method for the company's current stage [5][6]. Group 4: Financial Impact and Shareholder Considerations - The issuance may lead to a temporary dilution of earnings per share and return on equity due to the increase in total shares outstanding, but it is expected to enhance the company's financial strength and operational scale in the long run [13][14][15]. - The company has committed to measures to mitigate the impact of share dilution on immediate returns for shareholders, including strict management of the raised funds and adherence to regulatory guidelines [21][22][23].

Core Viewpoint - The company, Koal Software Co., Ltd., plans to issue A-shares through a simplified procedure targeting specific investors, with a total fundraising amount not exceeding 283 million RMB, aimed at enhancing its capabilities in the data security sector, particularly in quantum-resistant cryptography [9][12][19]. Group 1: Issuance Details - The issuance will involve no more than 35 specific investors, including qualified institutional investors and other eligible entities, with the final issuance amount determined based on subscription quotes [14][15]. - The total amount raised will not exceed 30% of the company's total share capital prior to the issuance and will be capped at 20% of the company's net assets as of the end of the previous fiscal year [17]. - The shares issued will have a lock-up period of six months post-issuance, during which they cannot be transferred [18]. Group 2: Fund Utilization - The net proceeds from the issuance will be allocated to projects, including the industrialization of quantum-resistant cryptography technology, which has a total investment of 160.28 million RMB [19][23]. - The company plans to use the funds to enhance its technological capabilities in data security, addressing the urgent needs of sectors such as government, military, and finance [12][23]. - If the actual net proceeds are less than the planned investment amount, the company will adjust the investment projects based on urgency and necessity [19][22]. Group 3: Industry Context - The issuance is positioned within the broader context of increasing investments in information security, driven by the implementation of laws such as the Cybersecurity Law and the Data Security Law in China [10][12]. - The global market for quantum-resistant cryptography is expected to grow significantly, with projections indicating a compound annual growth rate of approximately 72.64% from 2024 to 2030 [27]. - The company aims to leverage its existing technological expertise and customer relationships to capitalize on the growing demand for quantum-resistant solutions in various critical sectors [26][27].

Fundraising Plan - The company plans to raise a total of up to 283 million yuan through a simplified procedure for issuing A-shares to specific targets, with the net proceeds intended for various projects [1][2]. Project Necessity and Feasibility - The first project focuses on the industrialization of anti-quantum cryptography technology, with a total investment of 160.28 million yuan, aimed at enhancing the company's competitiveness in the information security sector and addressing urgent demands from key industries such as government, military, and finance [2][4]. - The project is crucial for countering the disruptive impact of quantum computing on existing encryption systems, as quantum technology poses significant threats to data security [2][3]. - The company has been actively involved in the development of anti-quantum cryptography since 2018, establishing a solid foundation for the commercialization of these technologies [6][7]. Market Potential - The global anti-quantum cryptography market is projected to grow rapidly, reaching approximately 15.008 billion dollars by 2030, with a compound annual growth rate of about 51.97% from 2024 to 2035 [7][8]. - The company is well-positioned to capitalize on this growth due to its established customer base and brand value in critical sectors such as government and finance [8]. Additional Projects - A second project involves the development of a trusted data space platform, with an investment of 89.35 million yuan, aimed at facilitating secure data circulation in key sectors like finance and education [9][10]. - The trusted data space initiative aligns with national strategies to enhance data marketization and is expected to create new business growth points for the company [12][13]. Financial Impact - The fundraising will enhance the company's capital strength, leading to an increase in total assets and net assets, while reducing the debt-to-asset ratio [16]. - The effective use of raised funds is anticipated to improve operational scale and economic benefits, ultimately benefiting shareholders [16]. Conclusion - The proposed fundraising and associated projects are deemed necessary and feasible, aligning with national industrial policies and the company's strategic development goals, thereby promoting sustainable growth [16].

Group 1 - The core business of Geer Software is entirely focused on the software industry, with a revenue composition of 100% from this sector for the year 2024 [1] - Geer Software announced on August 7 that it plans to issue A-shares to specific investors, with the authorization from the 2024 annual shareholders' meeting [3] - The issuance will target no more than 35 specific investors, with the share price set at no less than 80% of the average trading price over the previous 20 trading days [3] Group 2 - The company aims to raise up to 283 million yuan through this issuance, with funds allocated for various projects [3] - The funds will be used for the following projects: approximately 160 million yuan for the industrialization of quantum-resistant encryption technology, 89.35 million yuan for the research and development of a trusted data space platform, and 33.36 million yuan for supplementing working capital [3]