Group 1 - The core stock price of Bangyan Technology (688132) closed at 20.1 yuan on January 21, 2026, with a slight increase of 0.3% and a turnover rate of 1.62% [1] - The trading volume was 17,600 shares, with a total transaction amount of 35.2975 million yuan [1] - On January 21, the net outflow of main funds was 6.467 million yuan, while retail investors saw a net inflow of 5.2495 million yuan [2] Group 2 - Bangyan Technology announced the completion of the registration of its wholly-owned subsidiary in Singapore, which will advance the globalization of its cloud PC business [1][2] - The subsidiary, PANSTONE SYSTEMS PTE. LTD., has a registered capital of 1 million USD and will engage in wholesale of cybersecurity hardware and software, as well as other IT services [1] - The company plans to gradually invest 3 million USD based on operational conditions, and the subsidiary will be included in the company's consolidated financial statements [1]

Core Viewpoint - The company Bangyan Technology (688132) has established a wholly-owned subsidiary in Singapore to advance its global cloud PC business, with an initial investment plan of $3 million [1]. Group 1: Stock Performance - As of January 20, 2026, Bangyan Technology's stock closed at 20.04 yuan, down 1.67% from the previous trading day [1]. - The stock opened at 20.38 yuan, reached a high of 20.58 yuan, and a low of 19.91 yuan, with a trading volume of 42.14 million yuan and a turnover rate of 1.92% [1]. Group 2: Subsidiary Establishment - The subsidiary, PANSTONE SYSTEMS PTE. LTD., was registered on January 20, 2026, with a registered capital of $1 million [1]. - The subsidiary's business scope includes wholesale of cybersecurity hardware and software, as well as other IT services [1]. - The company has obtained necessary domestic approvals and foreign investment certificates, and will gradually invest an additional $3 million based on operational conditions [1].

邦彦技术股份有限公司（以下简称"公司"）于 2025 年 10 月 28 日召开第 四届董事会第六次会议，审议通过了《关于对外投资设立海外子公司的议案》， 同意设立新加坡全资子公司推进云 PC 业务全球化布局，拓展云 PC 海外市场。 具 体 内 容 详 见 公 司 于 2025 年 10 月 30 日 在 上 海 证 券 交 易 所 网 站 （http://www.sse.com.cn）披露的《关于对外投资设立海外子公司的公告》（公 告编号：2025-071）。 二、本次对外投资完成 证券代码：688132 证券简称：邦彦技术 公告编号：2026-007 邦彦技术股份有限公司 关于新加坡子公司完成注册登记的公告 本公司董事会及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、准确性和完整性承担法律责任。 重要内容提示： | 投资标的名称 | PANSTONE LTD.（磐石系统私人有限 | | SYSTEMS PTE. | | --- | --- | --- | --- | | | 公司） | | | | 投资金额 | 300 万美元，根据实际经营情况逐步投入 | | ...

Summary of the Conference Call for Bangyan Technology Company Overview - **Company**: Bangyan Technology - **Industry**: Transitioning from military to civilian applications, focusing on AI and data security solutions Key Points and Arguments Strategic Shift and Product Development - Bangyan Technology has shifted from military applications to civilian markets, introducing the concept of "Data plus Model equals Security" [2][3] - The company launched the "Cloud Shang Zhen Ji" architecture for next-generation commercial computers to address limitations of traditional PCs and VDI architectures [2][3] - The "Nüwa AI Digital Human" is designed to execute tasks with minimal training, capable of being generated from a single photo, and has multi-agent capabilities [2][5] Market Performance and User Engagement - As of January 2026, the Nüwa AI Digital Human has over 50,000 users, with a daily active rate of approximately 10% and a paid conversion rate of about 1% [2][5] - The product is being tested in B-end markets, with over 20 enterprise users currently conducting POC tests [5] Application Areas - The Nüwa AI Digital Human has applications in cultural tourism, education, and live e-commerce, with successful interactions such as the Li Bai character in Shenzhen [6] Future Product Enhancements - A new version (1.1) of the Nüwa Digital Human is set to launch this month, with monthly updates planned to enhance features [7] - A complete API will be available after Q1, allowing for personalized module capabilities and private deployment options [7] Financial Investments and Market Outlook - R&D expenses reached 60-70 million in Q3 2026, primarily focused on cloud PC and Nüwa Digital Human product lines [2][8] - The cloud PC market is projected to have a domestic market size of approximately 40-50 billion, with significant growth expected [3][13] Revenue Projections and Business Strategy - 2026 is anticipated to be a pivotal year for the company, with expectations that cloud PC and Nüwa Digital Human will drive substantial revenue growth, surpassing military business [11][12] - The company aims to capture 15-20% of the high-end manufacturing and R&D design market, equating to a potential market space of around 50 billion annually [17] Customer Feedback and Market Validation - Strong customer demand has been reported, particularly in manufacturing sectors requiring high data security and performance [12] - Notable clients, including Changjiang Hydraulic, have chosen Bangyan's cloud PC products for their superior performance and data security [14] Synergies Between Product Lines - There is a collaborative effect between the digital human and cloud PC businesses, as both target similar customer bases in manufacturing and state-owned enterprises [19][20] Traditional Military Business Outlook - The traditional military business remains a significant revenue source, accounting for over 80% of income, with expectations of growth as military modernization efforts ramp up [21][22] Long-term Strategic Planning - The company plans to develop three main business segments: military operations, cloud PC products, and the Nüwa AI Digital Human platform, aiming for a balanced growth strategy [24][25] Additional Important Insights - The company is undergoing a structural change, with a wholly-owned subsidiary handling military operations while Bangyan Technology focuses on civilian product development [25] - The digital human business is still in the commercial validation phase, with plans to expand into consumer markets and achieve significant user growth by the end of Q1 2026 [23]

2026 年第一次临时股东会 邦彦技术股份有限公司 2026 年第一次临时股东会会议资料 证券代码：688132 证券简称：邦彦技术 会议资料 2026 年 1 月 邦彦技术股份有限公司 2026 年第一次临时股东会会议资料 目 录 | 2026 | 年第一次临时股东会会议须知 1 | | --- | --- | | 2026 | 年第一次临时股东会会议议程 3 | | 2026 | 年第一次临时股东会会议议案 5 | 邦彦技术股份有限公司 2026 年第一次临时股东会会议资料 邦彦技术股份有限公司 2026 年第一次临时股东会会议须知 为维护广大投资者的合法权益，保障股东在本次股东会期间依法行使权利， 根据《公司法》、中国证监会《上市公司股东会规则》和公司《股东会议事规则》 等有关规定，特制定本会议须知： 一、公司负责本次股东会的议程安排和会务工作，为确认出席会议的股东或 其代理人或其他出席者的出席资格，会议工作人员将对出席会议者的身份进行 必要的核对工作，请被核对者给予配合。 二、出席会议的股东及股东代理人须在会议召开前半小时到会议现场办理签 到手续，并按规定出示证券账户卡、身份证明文件或营业执照/注册证 ...

Core Viewpoint - The company has signed a strategic cooperation agreement with Weishi Jiajie (Chongqing) Technology Co., Ltd., establishing a long-term partnership to enhance the sales and promotion of the "Bangyan Cloud PC" products in mainland China [3][9]. Group 1: Cooperation Overview - The recent agreement, titled "Funding Service Type General Agent Cooperation Agreement," is based on the existing strategic partnership and will replace the previous agreement signed in November 2024 [3][9]. - The actual procurement will be determined by the final product order forms signed by both parties [3]. Group 2: Counterparty Information - Weishi Jiajie (Chongqing) Technology Co., Ltd. is a wholly-owned subsidiary of Weishi Jiajie Holdings Limited, which is listed on the Hong Kong Stock Exchange [4][5]. - The company has a registered capital of 13 million USD and was established on February 15, 2012 [4]. Group 3: Agreement Details - The agreement designates Weishi Jiajie as the exclusive funding service agent for the "Bangyan Cloud PC" products in mainland China, prohibiting the company from signing similar agreements with other agents in the same region [9]. - Weishi Jiajie will also provide financial services related to order payments, credit terms, and sales management for regional agents [9][11]. Group 4: Impact on Company Performance - Successful execution of the contract is expected to positively impact the company's future performance, with the actual effects to be confirmed by an auditing agency [14]. - The Bangyan Cloud PC system is positioned to meet the growing demand for secure and efficient computing solutions, particularly in high-security sectors such as government, healthcare, and finance [15].

Core Viewpoint - The announcement indicates a strategic partnership between Bangyan Technology and Weishi Jiajie, focusing on a new funding service agreement that updates their previous collaboration [2] Group 1: Agreement Details - Bangyan Technology has signed a "Funding Service General Agent Cooperation Agreement" with Weishi Jiajie, which is based on their existing strategic cooperation [2] - The new agreement supersedes the previous "Strategic Cooperation Agreement and Bangyan Cloud PC Product National General Agency Authorization Agreement" [2] - Actual procurement will be determined by the final "Product Order Form" signed by both parties [2]

邦彦技术股份有限公司（以下简称"公司"）与伟仕佳杰（重庆）科技有限 公司（以下简称"伟仕佳杰"）基于各自的技术优势和渠道资源，达成长期战略 合作伙伴关系，于 2024 年 11 月签订了《战略合作协议暨邦彦云 PC 产品全国总 代理授权协议》，具体内容详见公司于 2024 年 11 月 6 日在上海证券交易所网站 （www.sse.com.cn）披露的《关于签订战略合作协议暨新产品发布的自愿性披露 公告》（公告编号：2024-067）。 近期，公司与伟仕佳杰签订了《资金服务型总代理商合作协议》（以下简称 "本协议"或"协议"），本次签订的协议系双方在原有战略合作协议的基础上 基于战略合作关系对具体合作的约定，本协议签订后，《战略合作协议暨邦彦云 PC 产品全国总代理授权协议》同步失效。实际采购情况以双方最终签署《产品 证券代码：688132 证券简称：邦彦技术 公告编号：2026-006 邦彦技术股份有限公司 关于签订战略合作协议的进展公告 本公司董事会及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。 重要内容提示: 一、合作概述 1 ...

Core Viewpoint - The company, Bangyan Technology (688132.SH), has established a long-term strategic partnership with Weishi Jiajie (Chongqing) Technology Co., Ltd., focusing on leveraging each other's technological advantages and channel resources [1] Group 1 - The strategic cooperation agreement was signed in November 2024, which includes the authorization for Bangyan Cloud PC products as the national general agent [1] - A new "Funding Service General Agent Cooperation Agreement" has been signed, which is based on the existing strategic cooperation agreement and specifies the terms of cooperation [1] - Following the signing of the new agreement, the previous strategic cooperation agreement and the authorization agreement for Bangyan Cloud PC products will become invalid [1]

Group 1 - The core viewpoint of the article is that Bangyan Technology (688132.SH) has established a long-term strategic partnership with Weishi Jiajie (Chongqing) Technology Co., Ltd. based on their respective technological advantages and channel resources [1] - The companies signed a "Strategic Cooperation Agreement and National General Agency Authorization Agreement for Bangyan Cloud PC Products" set to take effect in November 2024 [1] - A new "Funding Service General Agent Cooperation Agreement" has been signed, which is based on the existing strategic cooperation agreement and specifies the terms of their collaboration [1] Group 2 - The signing of the new agreement renders the previous "Strategic Cooperation Agreement and National General Agency Authorization Agreement" invalid [1] - The actual procurement situation will be determined by the final product order form signed by both parties [1]