11月26日，鼎捷数智盘中下跌2.01%，截至13:42，报44.44元/股，成交3.84亿元，换手率3.17%，总市值 120.68亿元。 资金流向方面，主力资金净流出3304.83万元，特大单买入3013.96万元，占比7.84%，卖出3456.09万 元，占比8.99%；大单买入6564.95万元，占比17.08%，卖出9427.65万元，占比24.53%。 鼎捷数智所属申万行业为：计算机-软件开发-横向通用软件。所属概念板块包括：国产软件、无人零 售、工业软件、信创概念、百度概念等。 截至11月20日，鼎捷数智股东户数5.70万，较上期减少1.72%；人均流通股4728股，较上期增加1.81%。 2025年1月-9月，鼎捷数智实现营业收入16.14亿元，同比增长2.63%；归母净利润5108.88万元，同比增 长2.40%。 分红方面，鼎捷数智A股上市后累计派现3.11亿元。近三年，累计派现6558.80万元。 机构持仓方面，截止2025年9月30日，鼎捷数智十大流通股东中，华安中小盘成长混合（040007）位居 第五大流通股东，持股262.65万股，相比上期增加5.07万股。香港中央结算有限公司位居 ...

Group 1 - The core viewpoint of the news is that Dingjie Smart has experienced a decline in stock price and significant net outflow of funds, despite a year-to-date increase in stock price [1][2] - As of November 14, Dingjie Smart's stock price was 41.99 yuan per share, with a market capitalization of 11.396 billion yuan [1] - The company has seen a year-to-date stock price increase of 62.50%, but has recently faced declines of 14.84% over the last five trading days and 22.30% over the last 60 days [1] Group 2 - Dingjie Smart, established on December 26, 2001, and listed on January 27, 2014, provides digital transformation, intelligent manufacturing, and industrial internet solutions [2] - The company's revenue composition includes 47.89% from digital technology services, 28.11% from self-developed software products, and 23.99% from integrated software and hardware solutions [2] - As of November 10, the number of shareholders increased to 58,000, with an average of 4,644 circulating shares per person [2] Group 3 - Dingjie Smart has distributed a total of 311 million yuan in dividends since its A-share listing, with 65.588 million yuan distributed in the last three years [3] - As of September 30, 2025, major shareholders include Huazhang Small and Medium-sized Growth Mixed Fund and Hong Kong Central Clearing Limited, with changes in holdings noted [3]

Core Viewpoint - Dingjie Smart has shown a significant stock price increase of 92.53% year-to-date, despite recent declines in the short term [1][2]. Financial Performance - For the period from January to September 2025, Dingjie Smart achieved a revenue of 1.614 billion yuan, representing a year-on-year growth of 2.63%. The net profit attributable to shareholders was 51.088 million yuan, with a year-on-year increase of 2.40% [2]. - The company has distributed a total of 311 million yuan in dividends since its A-share listing, with 65.588 million yuan distributed over the past three years [3]. Stock Market Activity - As of October 31, Dingjie Smart's stock price was 49.75 yuan per share, with a market capitalization of 13.502 billion yuan. The stock experienced a trading volume of 118 million yuan and a turnover rate of 0.89% [1]. - The company has appeared on the "Dragon and Tiger List" six times this year, with the most recent appearance on August 8, where it recorded a net buy of -140 million yuan [1]. Shareholder Structure - As of October 20, the number of shareholders for Dingjie Smart was 56,000, a decrease of 6.67% from the previous period. The average circulating shares per person increased by 7.14% to 4,810 shares [2]. - Among the top ten circulating shareholders, Huazhang Small and Medium Growth Mixed Fund increased its holdings by 5.07% to 2.6265 million shares, while Hong Kong Central Clearing Limited entered the list as a new shareholder with 2.4726 million shares [3].

Core Viewpoint - 鼎捷数智 is a leading provider of smart manufacturing integration planning solutions in China, focusing on digital transformation for various industries, including manufacturing and small enterprises [1] Group 1: Business Performance - In Q3 2025, 鼎捷数智 achieved a revenue of 1.614 billion yuan, ranking 8th in the industry out of 35 companies, with the industry leader 科大讯飞 generating 16.989 billion yuan [2] - The company's net profit for the same period was 54.88 million yuan, placing it 5th in the industry, while the industry average was a loss of 98.15 million yuan [2] - The revenue composition included 5 billion yuan from smart technology services (47.89%), 2.94 billion yuan from self-developed smart software products (28.11%), and 2.51 billion yuan from integrated soft and hardware solutions (23.99%) [2] Group 2: Financial Ratios - As of Q3 2025, 鼎捷数智's debt-to-asset ratio was 31.99%, higher than the previous year's 28.09% and above the industry average of 29.42%, indicating increased debt pressure [3] - The gross profit margin for the same period was 57.28%, slightly up from 56.99% year-on-year but below the industry average of 63.59%, suggesting room for improvement in profitability [3] Group 3: Shareholder Information - As of September 30, 2025, the number of A-share shareholders increased by 6.66% to 59,700, while the average number of circulating A-shares held per shareholder decreased by 6.24% to 4,510.12 [5] - Notable changes among the top ten circulating shareholders included an increase in holdings by 华安中小盘成长混合 and the entry of 香港中央结算有限公司 as a new shareholder [5] Group 4: Future Outlook - 开源证券 has slightly lowered its profit forecast for 鼎捷数智, expecting net profits of 171 million, 206 million, and 258 million yuan for 2025 to 2027 [5] - 西部证券 projects revenues of 2.502 billion, 2.726 billion, and 2.989 billion yuan, with net profits of 191 million, 233 million, and 301 million yuan for the same period [6] - Key business highlights include stable performance in non-mainland markets, growth in AI-integrated industrial software, and ongoing commercialization of AI applications [6]

Group 1 - The core point of the news is that Dingjie Smart Technology Co., Ltd. experienced a decline of 5.05% in its stock price, reaching 51.57 yuan per share, with a trading volume of 828 million yuan and a turnover rate of 5.73%, resulting in a total market capitalization of 13.996 billion yuan [1] - Dingjie Smart Technology, established on December 26, 2001, and listed on January 27, 2014, is located in Shanghai and specializes in providing digital transformation, smart manufacturing, and industrial internet solutions for manufacturing, circulation, and small and micro enterprises [1] - The company's revenue composition includes 47.89% from smart technology services, 28.11% from self-developed smart software products, and 23.99% from integrated smart hardware and software solutions [1] Group 2 - From the perspective of fund holdings, Huashang Fund has one fund heavily invested in Dingjie Smart Technology, specifically the Huashang Computer Industry Quantitative Stock Initiation A (007853), which held 249,000 shares in the second quarter, accounting for 2.34% of the fund's net value, making it the sixth-largest holding [2] - The estimated floating loss for the fund today is approximately 682,300 yuan [2] - The Huashang Computer Industry Quantitative Stock Initiation A (007853) was established on October 30, 2019, with a current scale of 245 million yuan, and has achieved a year-to-date return of 20.77%, ranking 2660 out of 4220 in its category [2]

Core Insights - Dingjie Digital Intelligence experienced a decline of 5.05% on October 14, with a stock price of 51.57 yuan per share and a trading volume of 828 million yuan, resulting in a total market capitalization of 13.996 billion yuan [1] Company Overview - Dingjie Digital Intelligence Co., Ltd. is located at 22nd Floor, Green Central Plaza, 1377 Jiangchang Road, Jing'an District, Shanghai. The company was established on December 26, 2001, and went public on January 27, 2014. Its main business involves providing digital transformation, intelligent manufacturing, and industrial internet solutions to the manufacturing, circulation, and small and micro-enterprises sectors [1] - The revenue composition of Dingjie Digital Intelligence is as follows: 47.89% from digital technology services, 28.11% from self-developed digital software products, and 23.99% from integrated software and hardware solutions [1] Shareholder Information - Among the top ten circulating shareholders of Dingjie Digital Intelligence, a fund under Caitong Securities Asset Management, specifically the Caitong Asset Digital Economy Mixed Initiation A (017483), entered the top ten in the second quarter, holding 2.6758 million shares, which accounts for 0.99% of the circulating shares. The estimated floating loss today is approximately 7.3317 million yuan [2] - The Caitong Asset Digital Economy Mixed Initiation A (017483) was established on December 26, 2022, with a latest scale of 649 million yuan. Year-to-date returns are 75.09%, ranking 225 out of 8162 in its category; the one-year return is 96.3%, ranking 108 out of 8015; and since inception, the return is 100.55% [2] Fund Management - The fund manager of Caitong Asset Digital Economy Mixed Initiation A (017483) is Bao Jianwen. As of the report date, Bao has served for 3 years and 327 days, with the fund's total asset size at 3.381 billion yuan. The best fund return during his tenure is 99.32%, while the worst return is 8.01% [3]

Company Overview - Dingjie Smart is located in Shanghai and was established on December 26, 2001, with its listing date on January 27, 2014. The company specializes in providing digital transformation, intelligent manufacturing, and industrial internet solutions for manufacturing, circulation, and small and micro enterprises [2]. - The revenue composition of Dingjie Smart includes: 47.89% from digital technology services, 28.11% from self-developed digital software products, and 23.99% from integrated software and hardware solutions [2]. - The company belongs to the Shenwan industry classification of Computer-Software Development-Horizontal General Software and is associated with concepts such as AI Agent, unmanned retail, ERP concept, domestic software, and MCP concept [2]. Financial Performance - For the first half of 2025, Dingjie Smart achieved operating revenue of 1.045 billion yuan, representing a year-on-year growth of 4.08%. The net profit attributable to the parent company was 45.027 million yuan, with a year-on-year increase of 6.09% [2]. - Since its A-share listing, Dingjie Smart has distributed a total of 311 million yuan in dividends, with 65.588 million yuan distributed over the past three years [3]. Stock Performance - As of October 14, Dingjie Smart's stock price increased by 2.01%, reaching 55.40 yuan per share, with a trading volume of 192 million yuan and a turnover rate of 1.31%. The total market capitalization is 15.035 billion yuan [1]. - Year-to-date, Dingjie Smart's stock price has risen by 114.40%, with a 4.47% increase over the last five trading days, a 10.03% increase over the last 20 days, and a 44.46% increase over the last 60 days [1]. - The company has appeared on the "Dragon and Tiger List" six times this year, with the most recent appearance on August 8, where it recorded a net buy of -140 million yuan [1]. Shareholder Information - As of September 10, Dingjie Smart had 56,000 shareholders, with an average of 4,810 circulating shares per person, showing no change from the previous period [2]. - Among the top ten circulating shareholders as of June 30, 2025, notable changes include a decrease in holdings by招商优势企业混合A and富国新兴产业股票A/B, while中欧互联网混合A and财通资管数字经济混合发起式A entered the list as new shareholders [3].

Group 1 - The core viewpoint of the news is that Dingjie Digital has seen a stock price increase of 5.2%, reaching 53.66 CNY per share, with a trading volume of 541 million CNY and a turnover rate of 3.78%, resulting in a total market capitalization of 14.563 billion CNY [1] - Dingjie Digital, established on December 26, 2001, and listed on January 27, 2014, is based in Shanghai and focuses on providing digital transformation, intelligent manufacturing, and industrial internet solutions for manufacturing, circulation, and small and micro enterprises [1] - The revenue composition of Dingjie Digital includes 47.89% from digital technology services, 28.11% from self-developed digital software products, and 23.99% from integrated software and hardware solutions [1] Group 2 - Among the top ten circulating shareholders of Dingjie Digital, a fund under Caitong Securities Asset Management has entered the list, holding 2.6758 million shares, which accounts for 0.99% of the circulating shares, with an estimated floating profit of approximately 7.0909 million CNY [2] - Caitong Asset Management's Digital Economy Mixed Fund A (017483), established on December 26, 2022, has a latest scale of 649 million CNY, with a year-to-date return of 77.59%, ranking 215 out of 8244 in its category, and a one-year return of 136.98%, ranking 87 out of 8080 [2] - The fund manager of Caitong Asset Management's Digital Economy Mixed Fund A is Bao Jianwen, who has been in the position for 3 years and 312 days, managing a total fund size of 3.381 billion CNY, with the best fund return during his tenure being 103.41% and the worst being 8.01% [3]

Group 1 - The core viewpoint of the news is that Dingjie Smart has seen a stock price increase of 5.2%, reaching 53.66 CNY per share, with a trading volume of 539 million CNY and a turnover rate of 3.76%, resulting in a total market capitalization of 14.563 billion CNY [1] - Dingjie Smart, established on December 26, 2001, and listed on January 27, 2014, is based in Shanghai and specializes in providing digital transformation, intelligent manufacturing, and industrial internet solutions for the manufacturing and distribution sectors, as well as small and micro enterprises [1] - The revenue composition of Dingjie Smart includes 47.89% from digital technology services, 28.11% from self-developed digital software products, and 23.99% from integrated software and hardware solutions [1] Group 2 - From the perspective of fund holdings, Zhejiang Merchants Securities Asset Management has a fund that heavily invests in Dingjie Smart, specifically the Zhejiang Dingying Event-Driven Mixed Fund (LOF) (169201), which held 11,000 shares in the second quarter, accounting for 4.09% of the fund's net value, making it the ninth largest holding [2] - The Zhejiang Dingying Event-Driven Mixed Fund (LOF) (169201) was established on December 7, 2016, with a latest scale of 9.836 million CNY, achieving a year-to-date return of 24.68%, ranking 3765 out of 8244 in its category, and a one-year return of 41.68%, ranking 3124 out of 8080 [2] - The fund manager of the Zhejiang Dingying Event-Driven Mixed Fund (LOF) (169201) is Zhang Lei, who has been in the position for 200 days, with the fund's total asset scale at 9.8357 million CNY, and the best and worst fund returns during his tenure both being 16.29% [3]

Group 1 - The core viewpoint of the news is that Dingjie Smart has seen a stock price increase of 5.05%, reaching 52.65 CNY per share, with a total market capitalization of 14.289 billion CNY [1] - Dingjie Smart, established on December 26, 2001, and listed on January 27, 2014, is based in Shanghai and focuses on providing digital transformation, smart manufacturing, and industrial internet solutions for manufacturing, circulation, and small and micro enterprises [1] - The revenue composition of Dingjie Smart includes 47.89% from smart technology services, 28.11% from self-developed smart software products, and 23.99% from integrated smart hardware and software solutions [1] Group 2 - According to data, Zhejiang Merchants Securities Asset Management has a fund that heavily invests in Dingjie Smart, specifically the Zhejiang Dingying Event-Driven Mixed Fund (LOF) (169201), which held 11,000 shares in the second quarter, accounting for 4.09% of the fund's net value [2] - The Zhejiang Dingying Event-Driven Mixed Fund (LOF) (169201) was established on December 7, 2016, with a latest scale of 9.836 million CNY, achieving a year-to-date return of 25.44% and a one-year return of 46.56% [2] - The fund manager, Zhang Lei, has been in position for 196 days, with the fund's total asset scale at 9.8357 million CNY, and the best and worst fund returns during his tenure both recorded at 17.28% [3]