2025年6月27日，重庆灏渝沁文化传媒有限公司的海外红筹公司 JuNeng Technology 向美国证券交易委员会 （SEC）提交了首次公开募股（IPO）申请，拟募资至多900万美元。 JuNeng Technology 计划发行200万股股票，发行价区间为4美元至5美元，募资900万美元。按发行价区间的中间 价计算，JuNeng Technology 的市值将达到1.44亿美元。公司计划在纳斯达克上市，但尚未确定股票代码。盈科 证券（Pacific Century Securities）为本次交易的独家账簿管理人。 重庆灏渝沁文化传媒有限公司 截至2025年3月31日的12个月，重庆灏渝沁营收为1300万美元。 宏业金融集团美国IPO咨询/辅导顾问服务 重庆灏渝沁文化传媒有限公司（下文简称"重庆灏渝沁"）创立于2020年，总部位于中国重庆，全职雇员24人，是 一家为中国广告商提供数字营销解决方案的公司。 据悉，重庆灏渝沁作为第三方网络推广服务商，以大健康行业为依托，继而向招商、教育、游戏、小说、家装等 行业全面发展，现目前已为 1000+家客户提供信息流推广一站式营销解决方案。 该公司团队中大部分成员 ...

Core Viewpoint - The article highlights the significant advancements made in rail welding technology through the application of digital intelligence, particularly focusing on the contributions of Xue Jipeng over the past nine years in developing a comprehensive data analysis system for rail welding processes. Group 1: Technological Advancements - Since 2016, Xue Jipeng has dedicated efforts to utilizing digital intelligence technology to control the quality of rail welding, resulting in the creation of over 20,000 program files and more than 1 million lines of code [1][2] - A complete rail welding head undergoes 16 processes, requiring meticulous control of numerous craft data, which has been effectively managed through a big data analysis system developed by Xue Jipeng [2][3] - The system records images and data for each production process, allowing for precise tracking and innovation in welding techniques [2] Group 2: Process Improvements - The automated evaluation program for flaw detection developed by Xue Jipeng utilizes 73,000 pixel points and 11 rolling machine templates for comparative analysis of flaw detection data [2] - Initial monitoring systems were basic and unable to store or analyze data electronically, leading to production delays when data errors occurred; Xue's improvements have significantly reduced these issues [3][5] - The time required for flaw detection analysis has been drastically reduced from 10 minutes to just 10 seconds due to the new automated evaluation program [6] Group 3: Personal Contributions and Learning - Xue Jipeng undertook extensive self-study in statistics, programming languages, and data analysis, which enabled him to streamline data auditing processes from 16 hours to just 4 hours [5] - His innovative approach to converting welding images into digital signals has facilitated the transition from digitalization to intelligent data processing in rail welding [6] - Xue aims to be a pioneer in advancing welding technology from digital to intelligent processes, emphasizing the importance of mathematical models and program coding in the industry [6]

近日，杭州斯创网络科技有限公司（以下简称"斯创科技"）近日宣布成功完成3000万元人民币A轮融 资。本轮融资由冠峰商企速联粤海投资（深圳）合伙企业（有限合伙）投资。此次融资将有力助推斯创 科技深化其本地生活商家运营服务布局，加速技术研发与市场拓展。 据悉，本次A轮融资所获资金将主要用于以下三个方面： 1. 技术能力升级：持续投入研发力量，优化智能运营平台、数据分析系统及SaaS工具，提升服务的智能 化与自动化水平； 2. 服务体系深化：拓展服务品类与深度，为商户提供更定制化、全生命周期的运营支持； 3. 区域市场渗透：进一步加密核心城市服务网络，并加速向潜力新兴市场拓展，巩固和提升市场份额。 冠峰商企速联粤海投资（深圳）合伙企业（有限合伙）负责人表示："我们高度看好中国本地生活服务 市场的巨大潜力以及数字化升级的必然趋势。斯创科技的核心团队拥有被充分验证的成功经验和强大的 执行力，其构建的覆盖全国的高效服务网络与领先的月GMV数据令人印象深刻。我们相信斯创科技能 持续为商户创造显著价值，是推动行业效率提升的重要力量。本次投资代表了我们对斯创科技商业模 式、发展前景及管理团队的高度信心。" 斯创科技成立于202 ...

证券研究报告——晨会聚焦 2025 年 5 月 13 日 中银晨会聚焦-20250513 ■重点关注 【计算机】广立微*杨思睿 郑静文。广立微发布 2024 年年报及 2025 年一季 报。2024 年，公司实现营收 5.47 亿元，同增 14.50%；归母净利 0.80 亿元， 同减 37.68%；扣非归母净利 0.58 亿元，同减 46.86%。2024 年公司软件业务 收入同比大幅增长，公司有望受益于集成电路自主化背景下市场对本土产品 的需求提升。 | 市场指数 | | | | --- | --- | --- | | 指数名称 | 收盘价 | 涨跌% | | 上证综指 | 3369.24 | 0.82 | | 深证成指 | 10301.16 | 1.72 | | 沪深 300 | 3890.61 | 1.16 | | 中小 100 | 6388.09 | 1.48 | | 创业板指 | 2064.71 | 2.63 | 行业表现（申万一级） | 指数名称 | 涨跌% | 指数名称 | 涨跌% | | --- | --- | --- | --- | | 国防军工 | 4.80 | 农林牧渔 | (0.49 ...

Investment Rating - The report maintains a "Buy" rating for the company, indicating a positive outlook for its stock performance relative to the benchmark index [6][8]. Core Insights - The company has demonstrated robust revenue growth, with a 14.50% year-on-year increase in 2024, achieving total revenue of 546.87 million yuan. However, net profit declined by 37.68% to 80.27 million yuan [3][6]. - In the first quarter of 2025, the company reported a significant revenue increase of 51.43% year-on-year, amounting to 66.48 million yuan, while the net loss narrowed to 13.71 million yuan [3][6]. - The software business is rapidly growing, particularly in AI-enabled semiconductor design and manufacturing, with notable product launches such as the INF-AI platform and SemiMind model [4][6]. Financial Performance - The company’s revenue projections for 2025-2027 are estimated at 688.69 million yuan, 852.77 million yuan, and 1.045 billion yuan, respectively, with corresponding net profits of 107 million yuan, 140.11 million yuan, and 179.21 million yuan [6][9]. - The earnings per share (EPS) are forecasted to be 0.53 yuan, 0.70 yuan, and 0.89 yuan for the years 2025, 2026, and 2027, respectively, with price-to-earnings (P/E) ratios of 90.22, 68.90, and 53.87 [6][9]. Research and Development - The company has maintained a high level of R&D investment, with R&D expenses reaching 276.56 million yuan, accounting for 50.57% of total revenue, reflecting a 33.49% increase year-on-year [5][6]. - The company has expanded its product offerings to include DFM and DFT EDA software to meet the demands of advanced processes and large-scale chip yield management [5][6].

Investment Rating - The report maintains a "Buy" rating for the company, indicating a positive outlook for its stock performance relative to the benchmark index [6][8]. Core Insights - The company has shown robust revenue growth in 2024, achieving an operating income of 546.87 million yuan, a year-on-year increase of 14.50%. However, the net profit attributable to the parent company decreased by 37.68% to 80.27 million yuan [3][6]. - In the first quarter of 2025, the company returned to a rapid growth trajectory with a revenue of 66.48 million yuan, marking a year-on-year increase of 51.43% [3][4]. - The software business is experiencing significant growth, particularly in AI-enabled semiconductor design and manufacturing, with the software development and licensing segment achieving a revenue of 159 million yuan, up 70.33% year-on-year [3][4]. Financial Performance - The company reported a net profit of -13.71 million yuan in Q1 2025, indicating a significant narrowing of losses compared to previous periods [3]. - The company has maintained a high level of R&D investment, with R&D expenses amounting to 276.56 million yuan, representing 50.57% of operating income, a 33.49% increase year-on-year [5]. - Revenue forecasts for 2025-2027 are projected at 688.69 million yuan, 852.77 million yuan, and 1.045 billion yuan respectively, with net profits expected to reach 107 million yuan, 140.11 million yuan, and 179.21 million yuan [6][9]. Product Development - The company has launched several AI-driven platforms and tools, including the INF-AI semiconductor AI application platform and the SemiMind large model platform, which enhance design and manufacturing efficiency [4][5]. - The company is one of the few EDA firms that provide comprehensive yield management services through a combination of software and hardware solutions, addressing the increasing defect rates in semiconductor manufacturing [5]. Market Position - The company is positioned as a leading supplier of EDA software and wafer-level electrical testing equipment, with significant growth potential aligned with the global integrated circuit industry [6]. - The report highlights the company's ability to adapt to evolving semiconductor processes and the introduction of new EDA software to meet advanced manufacturing needs [5].

证券代码：300830 证券简称：金现代 公告编号：2025-013 债券代码：123232 债券简称：金现转债 一、重要提示 本年度报告摘要来自年度报告全文，为全面了解本公司的经营成果、财务状况及未来发展规划，投资者 应当到证监会指定媒体仔细阅读年度报告全文。 所有董事均已出席了审议本报告的董事会会议。 立信会计师事务所（特殊普通合伙）对本年度公司财务报告的审计意见为：标准的无保留意见。 本报告期会计师事务所变更情况：公司本年度会计师事务所为立信会计师事务所（特殊普通合伙）。 非标准审计意见提示 □适用 √不适用 公司上市时未盈利且目前未实现盈利 □适用 √不适用 □适用 √不适用 二、公司基本情况 1、公司简介 ■ 2、报告期主要业务或产品简介 （1）公司业务概述 董事会审议的报告期利润分配预案或公积金转增股本预案 √适用 □不适用 公司经本次董事会审议通过的利润分配预案为：以430,125,817股为基数，向全体股东每10股派发现金红 利0.24元（含税），送红股0股（含税），以资本公积金向全体股东每10股转增0股。 董事会决议通过的本报告期优先股利润分配预案 公司是国家级高新技术企业，是国家火炬计划软 ...