Core Insights - The AI application sector experienced significant market activity, with Puling Software (300996.SZ) hitting the upper limit of its stock price, reflecting strong investor interest in AI applications [1] - OpenAI's ChatGPT is testing a collaborative learning mode, indicating a trend of AI technology penetrating vertical industries, particularly in education [1] - Puling Software's recent announcement of a convertible bond issuance aims to fund cutting-edge technology research, aligning with the critical period of AI industry upgrades [1] Technology Developments - Puling Software has made notable advancements in the AIAgent field, successfully integrating the DeepSeek large model into its intelligent agent development platform [2] - The platform supports enterprise-level AIAgent products, enhancing financial management through deep integration of large models and business scenarios [2] - This capability in vertical application development is seen as a key differentiator for the company in the AI wave [2] Business Expansion - Puling Software's 2024 annual report indicates a growing strategic customer base, including major state-owned enterprises like Sinochem and China Coal Energy [2] - The expansion of customer numbers and business coverage supports stable revenue growth for the company [2] - The long-term and stable demand for digital and intelligent transformation from state-owned enterprises is beneficial for sustainable income generation [2]

Group 1: Business Operations and Performance - The company reported a year-end order backlog of 378 million CNY, representing a 27.7% increase year-on-year [3] - New orders and collections have shown steady growth since the first quarter of 2025, supporting the overall performance for the year [3] - The company is focusing on four key strategies to ensure sustainable growth: maintaining strategic focus on large group clients and advantageous business areas, product and market strategy, innovation-driven development, and optimizing resource allocation [3] Group 2: Financial Health and Market Response - The company’s financial status is stable, and it is expected to release regular reports on its operational performance [4] - As of May 9, 2025, the total number of shareholders was 19,296 [5] - The management is closely monitoring stock price fluctuations and is committed to enhancing the company's investment value and returning value to shareholders [6]