配售新H股配售价310.00港元较前一交易日收市价376.60港元折让约17.7%，较前五个交易日平均收市价 313.36港元折让约1.1%。配售股份占现有已发行股本约1.4%，完成后占扩大股本约1.4%。 来源：新浪港股-好仓工作室 2026年2月3日，雲知聲智能科技（股份代号：9678）公告称，通过一般授权以"配售新H股"方式融资， 其中配售新H股发行1,008,000股（约0.10亿股），募集约3.1亿港元；扣除费用后净得约3.1亿港元。本次 融资由国泰君安国际担任独家整体协调人及独家配售代理。 点击查看公告原文>> 声明：市场有风险，投资需谨慎。 本文为AI大模型基于第三方数据库自动发布，不代表新浪财经观 点，任何在本文出现的信息均只作为参考，不构成个人投资建议。如有出入请以实际公告为准。如有疑 问，请联系biz@staff.sina.com.cn。 雲知聲智能科技是一家专注于人工智能技术研发与应用的企业，核心业务包括智能语音交互、山海大模 型及智能体系统开发。所得款项中，约3.1亿港元将用于深化"一基两翼"技术内核、提升主营产品和方 案的核心竞争力及相关技术研发投入。本次发行根据股东大会授予的一般授 ...

Summary of Conference Call Notes Company and Industry Overview - The conference call primarily discusses **博汇电子 (Bohui Electronics)** and its advancements in the **digital application** and **high-end electronic equipment** sectors, particularly focusing on AI technology and digital transformation initiatives [2][4][8]. Key Points and Arguments 1. **AI Engineering and Digital Platforms**: - The company is developing an intelligent system comprising three platforms: **智一计算平台 (Zhi Yi Computing Platform)**, **智艺智书平台 (Zhi Yi Smart Book Platform)**, and **智艺元系平台 (Zhi Yi Meta System)**, expected to generate revenue by the first half of 2025 [2][4]. 2. **Order Growth**: - In the first half of 2025, the company secured new orders worth **4.2 billion yuan**, marking a **57% year-on-year increase**, driven by a recovery in the traditional electrical equipment industry and accelerated project deliveries, particularly in the semiconductor manufacturing sector [2][9]. 3. **Specialized Electronic Equipment**: - The company has completed several projects in specialized electronic equipment, including embedded computing for new aircraft, ships, and submarines, and has won a bid for a large database customization project, indicating potential for more orders [2][10]. 4. **Semiconductor Manufacturing Expansion**: - Focused on high-end equipment control modules, the company has expanded into motion control applications, resulting in significant contract order growth in the semiconductor manufacturing sector [2][11]. 5. **AI Product Development**: - The company is optimistic about AI products, including intelligent systems and edge computing products, which are expected to see high growth rates. AI solutions are anticipated to improve gross margins compared to traditional business lines [5][17][20]. 6. **Data Governance Tools**: - Emphasis on data governance tools such as data engines, IoT platforms, and digital twin engines, which are being widely applied across various industry projects [6][7]. 7. **Industry Collaboration**: - The company collaborates with major partners like **华为 (Huawei)** and **海光 (Haiguang)** to develop generative AI integrated machines and participates in national and provincial industrial collaboration projects [5][6][7]. 8. **Market Outlook**: - The company maintains a positive outlook for the second half of 2025, particularly in sectors like finance, manufacturing, and transportation, driven by investments in AI technology and digital transformation [14][15]. 9. **International Market Performance**: - The overseas market, particularly in Hong Kong, experienced a **20% decline** in the first half of the year due to project delays, but the company remains optimistic about future performance [21][22]. 10. **Future Orders and Market Expansion**: - In the semiconductor and commercial aerospace sectors, the company expects to exceed last year's total order volume, with significant progress in low-altitude economy and rail transit sectors [23]. Additional Important Insights - The company has completed a full transition to domestic product design and manufacturing since 2018, which has led to high initial costs but is expected to reduce operational costs as production scales up [13]. - The integration of AI capabilities into traditional business models is seen as a key driver for future growth, with a focus on enhancing customer solutions and operational efficiency [20]. This summary encapsulates the critical insights from the conference call, highlighting the company's strategic direction, market performance, and future growth potential in the digital and electronic sectors.

Summary of the Conference Call for 电科数字 Company Overview - **Company**: 电科数字 - **Industry**: Digital Transformation, AI Technology, Data Infrastructure Key Points and Arguments Financial Performance - In Q1 2025, 电科数字 achieved revenue of 2.001 billion yuan, a year-on-year increase of 0.36% [3] - Net profit attributable to shareholders was 50 million yuan, up 6.41% year-on-year [3] - Non-recurring net profit reached 49 million yuan, reflecting a 4% increase [3] - Sales and management expenses decreased year-on-year, indicating effective cost control [3][10] AI and Digital Transformation - The company is actively integrating AI technology into various industries, focusing on multimodal AI technologies such as visual recognition and audio-video processing [2][7] - The DeepSec large model integrated machine is currently in the promotion phase, primarily targeting state-owned enterprises and special industries [2][5] - AI-related projects are expected to reach a total scale of 600 million to 800 million yuan in 2025, with several billion yuan worth of projects anticipated to be released gradually [3][9] Digital Infrastructure Development - The digital new infrastructure segment is expanding, with significant projects won in Q1, including a data center project worth over 100 million yuan [2][8] - The company is focusing on intelligent computing infrastructure construction, enhancing market share and business quality [2][8] International Business Growth - International business continues to grow, particularly in the Asia-Pacific and European regions, with limited impact from US-China trade tensions [3][11] - The company has secured a digitalization project for a mining enterprise in Africa, reflecting a cautious optimism for future international business development [11] Industry Collaboration - The company is deepening cooperation with ecosystem partners like Huawei, focusing on joint product development and innovation [2][4][26] - Strategic partnerships are being formed to enhance capabilities in the信创 (Xinchuang) industry, which is crucial for digital transformation [7][27] Market Competition and Strategy - The domestic market is experiencing intensified competition in digital transformation and信创, leading to reduced premium space [18] - The company is focusing on encapsulating business understanding into software and hardware products to provide value to clients and mitigate margin pressures [18] AI Business Opportunities - The company anticipates AI business opportunities to reach several billion yuan in 2025, with a focus on system engineering, including computing power deployment and data engineering [23] - Specific industries such as finance and manufacturing are identified as key areas for AI application, with significant progress already made [25] Project and Application Examples - Notable projects include collaborations with a leading semiconductor company to enhance chip manufacturing capabilities and partnerships with universities for digital governance applications [25][29] Future Outlook - The company expects continued growth in its three main business segments: digital products, digital solutions, and digital new infrastructure, with a collaborative approach enhancing overall business performance [12][18] Additional Important Content - The company emphasizes high-quality development through continuous improvement of gross and net profit margins, focusing on cost control and resource allocation to promising projects [16][17] - The company is also addressing AI safety concerns, including data and algorithm security, as part of its comprehensive AI strategy [24]