顶点软件公告称，持股13.88%的股东爱派克，为公司控股股东、实控人一致行动人。其于1月19日告知 公司，计划自2月11日-5月8日通过集中竞价减持不超177万股，即不超过公司总股本的0.87% ，减持价 格将按市场价格确定。离任监事萧锦峰、刘建宝不参与本次减持；严孟宇等董事、高管本次间接减持股 份未超规定。本次减持是因爱派克自身资金需求，不会对公司治理和持续经营产生影响。 ...

Core Viewpoint - The company, Top Software, is positioned as a core service provider for the digital transformation of financial institutions, achieving significant growth in revenue and net profit during the "14th Five-Year Plan" period, while also sharing development results with shareholders through cash dividends totaling 855 million yuan [1][2]. Group 1: Business Growth and Financial Performance - Top Software has experienced steady growth in its core business areas and diversified its operations, focusing on providing information technology solutions for various financial institutions, including securities, asset management, banking, and trust [1]. - The company has achieved a cumulative cash dividend of 855 million yuan since its listing, reflecting its commitment to sharing growth with shareholders [1]. Group 2: Technological Innovation and Industry Leadership - The company has developed the A5 core trading system, which utilizes innovative "in-memory + distributed" technology, successfully eliminating reliance on traditional Oracle databases and significantly improving trading performance from milliseconds to microseconds [1]. - The A5 system has been adopted by 11 brokerage firms, including six that have completely phased out Oracle, marking a significant industry milestone recognized by the Ministry of Industry and Information Technology [1]. Group 3: AI Integration and Future Development - The integration of AI technology into the company's platforms has become a new growth engine, with applications in wealth management and operational efficiency, such as the LiveAgent intelligent agent factory and the "DianDian AI Secretary" [2]. - Looking ahead to the "15th Five-Year Plan," the company aims to continue its leadership in financial innovation, promoting the upgrade and replacement of key systems while deepening the integration of AI with business operations [2].

Core Viewpoint - Vertex Software's stock has experienced fluctuations, with a recent decline of 2.16% and a year-to-date increase of 10.58%, indicating a mixed performance in the market [1]. Company Overview - Vertex Software, established on October 25, 2000, and listed on May 22, 2017, is based in Fuzhou, Fujian Province. The company focuses on providing information technology solutions centered around its proprietary "Live Business Architecture Platform (LiveBOS)" for the financial industry and other sectors [1]. - The company's main revenue sources are software development and services (98.37%) and system integration (1.63%) [1]. Financial Performance - For the period from January to September 2025, Vertex Software reported a revenue of 385 million yuan, a year-on-year decrease of 8.53%. However, the net profit attributable to shareholders increased by 2.02% to 103 million yuan [2]. - Since its A-share listing, Vertex Software has distributed a total of 855 million yuan in dividends, with 531 million yuan distributed over the past three years [3]. Shareholder Information - As of January 10, 2025, the number of shareholders for Vertex Software is 28,000, reflecting a 0.43% increase from the previous period. The average number of circulating shares per shareholder has decreased by 0.43% to 7,345 shares [2]. - Notable new institutional shareholders include Fu Guo Optimized Enhanced Bond C, Hua Bao Zhong Zheng Financial Technology Theme ETF, and Zhong Ou Internet Mixed A, which have recently entered the top ten circulating shareholders [3].

证券日报网讯1月12日，顶点软件（603383）在互动平台回答投资者提问时表示，截至2026年1月10日， 公司股东人数为27961户。 ...

证券日报网讯1月7日，顶点软件（603383）在互动平台回答投资者提问时表示，截至2025年12月31日， 顶点软件股东人数为27840户。 ...

Group 1 - Vertex Software's stock increased by 4.54% on January 6, with a trading volume of 403 million yuan. The financing buy amount was 48.45 million yuan, while the financing repayment was 50.76 million yuan, resulting in a net financing buy of -2.30 million yuan. The total financing and securities lending balance reached 359 million yuan as of January 6 [1] - The financing balance of Vertex Software is 358 million yuan, accounting for 4.53% of its market capitalization. This financing amount is above the 90th percentile level over the past year, indicating a high level [1] - On the securities lending side, Vertex Software repaid 1,400 shares on January 6, with no shares sold. The securities lending balance is 500,200 yuan, which is below the 30th percentile level over the past year, indicating a low level [1] Group 2 - Vertex Software, established on October 25, 2000, and listed on May 22, 2017, is based in Fuzhou, Fujian Province. The company focuses on providing information technology solutions centered on business process management (BPM) for the financial industry and other sectors, with 98.37% of its revenue coming from software development and services [2] - As of December 20, the number of shareholders of Vertex Software reached 27,800, an increase of 4.47% from the previous period. The average number of circulating shares per person decreased by 3.96% to 7,379 shares [2] - For the period from January to September 2025, Vertex Software reported a revenue of 385 million yuan, a year-on-year decrease of 8.53%, while the net profit attributable to the parent company was 103 million yuan, reflecting a year-on-year increase of 2.02% [2] Group 3 - Vertex Software has distributed a total of 855 million yuan in dividends since its A-share listing, with 531 million yuan distributed over the past three years [3] - As of September 30, 2025, among the top ten circulating shareholders, new shareholders include Fu Guo Optimized Enhanced Bond C with 3.487 million shares, Hua Bao Zhong Zheng Financial Technology Theme ETF with 2.1445 million shares, and Zhong Ou Internet Mixed A with 1.4303 million shares. Hong Kong Central Clearing Limited reduced its holdings by 1.0063 million shares [3]

（文章来源：证券日报） 证券日报网讯 12月23日，顶点软件在互动平台回答投资者提问时表示，公司的股价短期波动受到市场 多种因素的影响，但从中长期看与公司的业绩及内在价值紧密相关。公司一直高度重视二级市场的股价 表现，会继续提高经营发展质效，推动公司高质量发展和投资价值提升，为投资者创造长期可持续的回 报。 ...

Core Viewpoint - The A-share market is experiencing a downward trend, with the Shanghai Composite Index down by 1.03% and a total trading volume of 845.1 billion yuan as of 10:31 AM [1] Group 1: Market Performance - The Shanghai Composite Index is at 3828.24 points, reflecting a decrease of 1.03% [1] - A total of 136 A-shares have seen their 5-day moving averages cross below their 10-day moving averages, indicating potential bearish trends [1] Group 2: Individual Stock Analysis - The stocks with the largest negative distance between their 5-day and 10-day moving averages include: - Pinming Technology (688109) with a 5-day moving average of 150.91 yuan, down 4.02% from the 10-day moving average [1] - Guomai Technology (002093) with a 5-day moving average of 12.42 yuan, down 1.79% from the 10-day moving average [1] - Anbang Security (603373) with a 5-day moving average of 39.65 yuan, down 1.75% from the 10-day moving average [1] Group 3: Additional Stock Movements - Other notable stocks with negative movements include: - Yatai Pharmaceutical (002370) down 1.82% with a 5-day moving average of 7.28 yuan [1] - Kaisa Culture (002425) down 3.93% with a 5-day moving average of 3.93 yuan [1] - ST Saiwei (300044) down 0.97% with a 5-day moving average of 4.25 yuan [2]

Core Insights - The report emphasizes that the computer industry is driven by model iteration, application breakthroughs, and domestic computing power leadership, with a buy rating for the sector [2][4][17]. Industry Overview - The AI infrastructure sector is transitioning from "testing and trial" to "large-scale rollout in 2026" for domestic AI chip replacements, with a narrowing gap between domestic and international leading models [8][17][26]. - The AI application sector is categorized into three types of companies: those with recognized benchmark clients but in early stages, those with long-term trends but uncertain timelines, and those leveraging AI with reachable inflection points [8][17][19]. - The EDA and R&D software sector is seeing rapid improvement in domestic product capabilities, with mergers and acquisitions expected to accelerate due to policy support [8][17][21]. - In the intelligent driving and robotics sector, the report suggests focusing on competitive chip tracks, overseas expansion, and new autonomous driving opportunities, recommending global AMR leader Geek+ [8][18][21]. - The report notes that traditional trust and innovation directions are facing funding delays, while the release of HarmonyOS PC in 2025 is seen as a catalyst for business growth and technological upgrades [8][18][21]. - The energy information sector is expected to benefit from stable capital expenditures and market reforms, although policy implementation timelines need to be monitored [8][18][21]. Key Companies - In the AI infrastructure sector, recommended companies include Cambricon, Inspur, and Unisoc, with attention to Sugon [8][19]. - For AI applications, notable companies are Jingtaikong, Rainbowsoft, and Kingdee International, with additional focus on Hancloud and Guangyun Technology [8][19][21]. - In the intelligent driving and robotics sector, key players include Geek+, Black Sesame Intelligence, and Rui Ming Technology, with recommendations to monitor Desay SV and SOTER [8][19][21]. - In the EDA and R&D software sector, companies like GigaDevice, Gexin Electronics, and BGI are highlighted, with attention to Zhongkong Technology and Haocen Software [8][19][21]. - For trust and innovation, recommended companies include Kingsoft and Softcom, with additional focus on Taiji Co. and China Software International [8][19][21]. - In the energy information sector, notable companies are Guoneng Rixin and Longxin Group, with attention to State Grid Information and South Grid Digital [8][19][22].

Core Viewpoint - The announcement details the lifting of restrictions on 693,300 shares under the 2021 Restricted Stock Incentive Plan, which will be tradable starting December 16, 2025 [1][2]. Group 1: Stock Incentive Plan Overview - The stock type being listed is for equity incentive shares, with a total of 693,300 shares to be listed for trading [1]. - The board of directors approved the lifting of restrictions for 344 eligible participants under the 2021 Restricted Stock Incentive Plan [2][11]. - The plan was initially approved on October 18, 2021, and has undergone several procedural steps, including public announcements and shareholder meetings [3][4]. Group 2: Historical Context of Stock Grants - The first grant of restricted stock was completed on December 14, 2021, with a total of 2.673 million shares granted [5]. - Subsequent grants and buybacks have occurred, including a buyback of 184,000 shares on December 2, 2022, and 62,250 shares on July 4, 2023 [6][7]. - The fourth lifting of restrictions is part of a series of planned releases, with the first three having already occurred [9][10]. Group 3: Conditions for Lifting Restrictions - The conditions for lifting the restrictions include meeting specific performance criteria as outlined in the incentive plan [10]. - The total number of shares eligible for lifting restrictions represents approximately 0.34% of the company's total shares outstanding, which is 205,379,059 shares [11]. Group 4: Legal and Compliance Aspects - The legal opinion confirms that all necessary approvals and authorizations for the lifting of restrictions have been obtained, complying with relevant laws and regulations [14]. - The company will adhere to specific transfer restrictions for directors and senior management regarding the shares post-lifting [13][14].