Group 1 - The core viewpoint of the news is that Xingtou New Science and Technology Co., Ltd. has seen a stock price increase of 5.09%, reaching 40.09 CNY per share, with a total market capitalization of 4.131 billion CNY [1] - The company, established on June 17, 2004, and listed on January 6, 2020, specializes in audio and video integrated business network application platform research, development, and application [1] - The revenue composition of the company includes 77.16% from intelligent video command, 21.71% from video intelligent computing, and 0.66% and 0.48% from other sources [1] Group 2 - Among the top ten circulating shareholders of Xingtou New Science and Technology, Yongying Fund's advanced manufacturing mixed fund A (018124) has entered the list, holding 893,000 shares, which is 0.87% of the circulating shares [2] - The fund has achieved a year-to-date return of 5.91%, ranking 2188 out of 8838 in its category, and a one-year return of 86.97%, ranking 342 out of 8089 [2] - The fund manager, Zhang Lu, has a total fund asset scale of 22.921 billion CNY, with the best fund return during his tenure being 163.04% [3]

Core Viewpoint - On January 9, a block trade of 350,000 shares of Xingtuxinke was executed at a price of 31.02 yuan, representing a discount of 19.57% compared to the closing price of 38.57 yuan on the same day [2] Trading Activity Summary - The total transaction amount for the block trade was 10.857 million yuan [2] - The buyer was Ping An Securities Co., Ltd. Beijing Branch, while the seller was China Galaxy Securities Co., Ltd. Beijing Suzhou Street Securities Branch [2] - The stock closed at 38.57 yuan, down 0.54% on the day, with a turnover rate of 6.95% and a total trading volume of 272 million yuan [2] Fund Flow Analysis - The net outflow of main funds for the day was 39.785 million yuan, with a cumulative increase of 6.90% in the stock price over the past five days [2] - The total net outflow of funds over the last five days amounted to 9.9233 million yuan [2] - The latest margin financing balance for the stock was 17.6 million yuan, with an increase of 6.5124 million yuan over the past five days, reflecting a growth rate of 58.92% [2]

Group 1 - The core point of the news is that Xingtou New Science and Technology Co., Ltd. experienced a decline of 5.11% in its stock price, reaching 36.80 CNY per share, with a trading volume of 174 million CNY and a turnover rate of 4.44%, resulting in a total market capitalization of 3.792 billion CNY [1] - The company, established on June 17, 2004, and listed on January 6, 2020, is located in Wuhan, Hubei Province, and specializes in the research, development, and application of audio and video integrated business network application platforms [1] - The revenue composition of the company is as follows: intelligent video command accounts for 77.16%, video intelligent computing for 21.71%, and other categories for 0.66% and 0.48% respectively [1] Group 2 - From the perspective of fund holdings, one fund under Shenwan Hongyuan Asset Management has a significant position in Xingtou New Science and Technology, with the Shenwan Hongyuan Xingle Youxuan Mixed A Fund (016105) holding 117,100 shares, representing 4.38% of the fund's net value, making it the ninth largest holding [2] - The fund has a current scale of 45.0756 million CNY and has achieved a year-to-date return of 5.49%, ranking 1319 out of 8827 in its category, while its one-year return is 43.3%, ranking 2611 out of 8084 [2] Group 3 - The fund manager of Shenwan Hongyuan Xingle Youxuan Mixed A Fund is Fu Juan, who has a cumulative tenure of 13 years and 264 days, with the fund's total asset size at 4.467 billion CNY [3] - During her tenure, the best fund return achieved was 172.37%, while the worst return was -36.32% [3]

重要内容提示： 回购股份的基本情况 证券代码：688081 证券简称：兴图新科 公告编号：2026-001 武汉兴图新科电子股份有限公司 关于回购股份集中竞价减持股份进展公告 本公司董事会、全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 武汉兴图新科电子股份有限公司（以下简称"公司"）于 2024 年 2 月 8 日 至 2024 年 5 月 7 日期间累计回购股份 866,600 股，占公司总股本的 0.84%。前 述回购的股份用于维护公司价值及股东权益，将在披露回购结果暨股份变动公告 12 个月后根据相关规则通过集中竞价交易方式出售，并在披露回购结果暨股份 变动公告后 3 年内完成出售，公司如未能在上述期限内完成出售，尚未出售的已 回购股份将予以注销。 减持计划的进展情况 2025 年 10 月 30 日，公司在上海证券交易所网站（www.sse.com.cn）披露 了《关于回购股份集中竞价减持股份计划公告》（公告编号：2025-031）。公司 计划自前述公告披露之日起 15 个交易日后的三个月内，通过集中竞价交易方式， 按市场价格 ...

Core Insights - The Chinese video exchange system industry is entering a new phase of development driven by technology, with a market size projected to reach approximately 12.865 billion yuan in 2024, reflecting a year-on-year growth of 5.27% [1][8]. Industry Overview - Video exchange systems (MTP) are integrated hardware and software systems that ensure secure video transmission across networks through device authentication, signal filtering, and one-way transmission mechanisms, supporting high reliability in public safety and emergency command scenarios [4][1]. Industry Chain - The upstream of the video exchange system industry consists of video user authentication servers (TMS), video access authentication servers (UMS), and security isolation gateways (GAP) [4]. - The midstream includes system integration and equipment manufacturing, while the downstream applications span video surveillance, intelligent transportation, emergency command, public safety, remote conferencing, data sharing, and smart services [4]. Market Size - The market for video exchange systems in China is expected to grow significantly, driven by the explosion of 5G-A/6G, ultra-high-definition, and immersive video applications, evolving from a simple audio-video connection tool to a key infrastructure for digital transformation [1][8]. Key Companies' Performance - The industry is characterized by a competitive landscape where major players like Huawei lead with end-to-end solutions and 5G/AI integration, while specialized companies like Qiming Star focus on video IoT security [9][10]. - Guangha Communication has reported a revenue of 332 million yuan in the first three quarters of 2025, marking a year-on-year increase of 41.90% [10]. - Xingtong New Science and Technology has achieved a revenue of 91 million yuan in the same period, reflecting a growth of 31.99% [11]. Industry Development Trends 1. The transition to IP-based technology and cloud-network integration is reducing system wiring complexity and costs, with standards like NDI and SMPTE ST 2110 becoming mainstream [13]. 2. AI integration is transforming video exchange systems from mere transmission channels to intelligent hubs capable of real-time analysis and insights [14]. 3. The national strategy for information technology innovation is driving the restructuring of the industry towards self-sufficiency and ecological reconstruction, leading to a more diversified competitive landscape [15][16].

Group 1 - The company, Xingtou Xinke, announced the approval of the remuneration plan for the board of directors for the year 2026 during the second extraordinary shareholders' meeting in 2025 [2] - The shareholders' meeting also approved the re-election of Mr. Xu Lei as a non-independent director of the fifth board of directors [2]

证券代码：688081 证券简称：兴图新科 公告编号：2025-038 武汉兴图新科电子股份有限公司 2025年第二次临时股东会决议公告 本公司董事会及全体董事保证公告内容不存在任何虚假记载、误导性陈述或 者重大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 重要内容提示： 本次会议是否有被否决议案：无 一、 会议召开和出席情况 （一） 股东会召开的时间：2025 年 12 月 29 日 （二） 股东会召开的地点：湖北省武汉市东湖新技术开发区华中科技大学科技 园现代服务业示范基地二期 5 号楼 4-9 层公司会议室 （三） 出席会议的普通股股东、特别表决权股东、恢复表决权的优先股股东及 其持有表决权数量的情况： | 1、出席会议的股东和代理人人数 | 28 | | --- | --- | | 普通股股东人数 | 28 | | 2、出席会议的股东所持有的表决权数量 | 55,551,671 | | 普通股股东所持有表决权数量 | 55,551,671 | | 3、出席会议的股东所持有表决权数量占公司表决权数量的比 | 54.1555 | | 例（%） | | | 普通股股东所持有表决权数量占公司表决 ...

北京观韬律师事务所 法律意见书 Tel：86 10 66578066 Fax：86 10 66578016 E-mail：guantao@guantao.com http：// www.guantao.com 中国北京市西城区金融大街 5 号 新盛大厦 B 座 19 层 邮编：100033 19/F, Tower B, Xin Sheng Plaza, No.5, Finance Street, Beijing ,100033 北京观韬律师事务所 关于武汉兴图新科电子股份有限公司 2025年第二次临时股东会的法律意见书 观意字2025BJ003513号 致：武汉兴图新科电子股份有限公司 北京观韬律师事务所（以下简称"本所"）受武汉兴图新科电子股份有限公司 （以下简称"公司"）之委托，指派律师出席公司2025年第二次临时股东会（以下 简称"本次股东会"）。本所依据《中华人民共和国公司法》、《中华人民共和国证 券法》（以下简称"《证券法》"）、《上市公司股东会规则》（以下简称"《规则》"） 等相关法律、法规和规范性文件以及公司现行有效的《公司章程》的有关规定， 出具本法律意见书。 本法律意见书仅供公司为本次股东会 ...

Core Viewpoint - The military electronics sector experienced a rise of 1.38% on December 29, with significant gains from companies like Xingtuxinke, which led the sector with an increase of 11.19% [1]. Group 1: Market Performance - The Shanghai Composite Index closed at 3965.28, up 0.04%, while the Shenzhen Component Index closed at 13537.1, down 0.49% [1]. - Notable performers in the military electronics sector included: - Xingtuxinke (688081) at a closing price of 33.38, up 11.19% with a trading volume of 95,300 shares and a transaction value of 313 million yuan [1]. - Haige Communication (002465) at 15.35, up 10.04% with a trading volume of 2.17 million shares and a transaction value of 3.299 billion yuan [1]. - Aerospace Development (000547) at 30.98, up 10.01% with a trading volume of 3.38 million shares and a transaction value of 10.299 billion yuan [1]. Group 2: Capital Flow - The military electronics sector saw a net outflow of 89.5622 million yuan from institutional investors, while retail investors contributed a net inflow of 888.9 million yuan [2]. - Key individual stock capital flows included: - Leike Defense (002413) with a net inflow of 100 million yuan from institutional investors, but a net outflow of 51.2 million yuan from speculative funds [3]. - Haige Communication (002465) with a net inflow of 67.6 million yuan from institutional investors, but a net outflow of 42.7 million yuan from speculative funds [3]. - Huafeng Technology (688629) had a net inflow of 17.5 million yuan from institutional investors, with a net outflow of 45.39 million yuan from speculative funds [3].

武汉兴图新科电子股份有限公司 2025 年第二次临时股东会会议资料 武汉兴图新科电子股份有限公司 2025 年第二次临时股东会 会议资料 二〇二五年十二月 | 股东会会议须知 1 | | --- | | 年第二次临时股东会会议议程 2025 3 | | 议案一：关于 2026 年度董事薪酬方案的议案 5 | | 议案二：关于补选公司第五届董事会非独立董事的议案 7 | 武汉兴图新科电子股份有限公司 2025 年第二次临时股东会会议资料 武汉兴图新科电子股份有限公司 股东会会议须知 各位股东及股东代表： 为保障武汉兴图新科电子股份有限公司（以下简称"公司"）全体股东在本次 股东会期间的合法权益，维护股东会的正常秩序和议事效率，确保本次股东会顺 利召开，依据《中华人民共和国公司法》（以下简称"《公司法》"）《中华人民 共和国证券法》《上市公司股东会规则》等法律法规以及《武汉兴图新科电子股 份有限公司章程》（以下简称"《公司章程》"）《武汉兴图新科电子股份有限公 司股东会议事规则》的规定，特制定本须知： 武汉兴图新科电子股份有限公司 2025 年第二次临时股东会会议资料 公司股份数、股东代理人姓名，以便统计投票结果 ...