Group 1 - The EDR concept declined by 1.15%, ranking among the top declines in the concept sector, with major declines seen in companies like Weidi Co., Jiangbolong, and Guotou Intelligent [1] - Among the EDR concept stocks, four companies saw price increases, with Junsheng Electronics, Guomin Technology, and Xingmin Zhitong rising by 1.15%, 1.09%, and 0.50% respectively [1] - The EDR concept experienced a net outflow of 600 million yuan in main funds today, with 15 stocks seeing net outflows, and five stocks having outflows exceeding 50 million yuan [2] Group 2 - Jiangbolong had the highest net outflow of main funds at 184 million yuan, followed by Guotou Intelligent, Quanzhi Technology, and Weidi Co. with net outflows of 75.12 million yuan, 60.26 million yuan, and 51.12 million yuan respectively [2] - The stocks with the highest net inflows in the EDR concept included Xingmin Zhitong, Junsheng Electronics, and Guomin Technology, with net inflows of 5.0045 million yuan, 4.1526 million yuan, and 3.9752 million yuan respectively [2][3] - The EDR concept outflow list highlighted Jiangbolong with a decline of 4.21% and a turnover rate of 5.34%, alongside Guotou Intelligent with a decline of 2.85% and a turnover rate of 2.92% [2][3]

格隆汇12月10日丨国投智能(300188.SZ)在互动平台表示，公司在电子数据取证、公共安全大数据、新 网络空间安全等领域的技术储备，可适配数字货币场景下的合规追溯、安全防护等需求。截至目前，公 司尚未形成直接应用于货币桥业务的独立产品。 ...

格隆汇12月10日丨国投智能(300188.SZ)在互动平台表示，公司在电子数据取证、公共安全大数据、新 网络空间安全等领域的技术储备，可适配数字货币场景下的合规追溯、安全防护等需求。截至目前，公 司尚未形成直接应用于货币桥业务的独立产品。 ...

（文章来源：证券日报） 证券日报网讯 12月5日，国投智能在互动平台回答投资者提问时表示，公司已建立控股股东股权变动相 关管理机制及信息披露规范，对控股股东对外投资等重大事项，均设有明确的报备与披露约定，相关事 项严格按规则执行。此次事项暴露出公司在关联主体信息动态跟踪方面的细化提升空间，后续公司将进 一步优化管理机制，强化关联主体信息的实时核查与动态跟踪，完善风险预警流程。关于控股股东对外 投资的信息披露，公司将严格遵循信息披露相关规则，结合事项重要性，合规履行披露义务。 ...

证券日报网讯 12月5日，国投智能在互动平台回答投资者提问时表示，经核实，关于"中创云科控股 （湖北）有限公司"相关工商登记信息与公司官方声明差异的核心成因，系他人疑似虚假注册所致。截 至当前，公司控股股东从未作出投资设立该公司的决策，也未参与任何注册流程。目前，法律部已介入 处理，正推进公章核对、不实注册撤销等相关手续。后续进展若有需披露信息，将通过官方渠道及时发 布。 （文章来源：证券日报） ...

证券日报网讯12月5日，国投智能（300188）在互动平台回答投资者提问时表示，公司新签订单的利润 率符合行业水平，相关订单的落地执行，将为公司的盈利能力提升提供支撑，具体财务数据请以公司届 时披露的定期报告为准。 ...

Group 1 - Meilixin plans to raise no more than 1.2 billion yuan for semiconductor equipment precision components, communication and automotive parts projects, and to supplement working capital [2] - Olin Bio has prepaid corporate income tax totaling 4.2001 million yuan, with no penalties from tax authorities [3] - Haisen Pharmaceutical's directors and executives plan to reduce their holdings by no more than 124,300 shares, accounting for 0.0816% of the total share capital [4] Group 2 - Aibulu intends to sell 47.4% and 31.6% stakes in its subsidiary Jinque Agriculture for a total of 12.3914 million yuan [5] - Chaoying Electronics plans to increase its Thai subsidiary's capital by 100 million USD for AI high-end PCB expansion [6] - Bona Film Group states that the box office revenue for "Avatar 3" is difficult to predict and the investment return rights are low [7] Group 3 - Junya Technology's PCB products for humanoid robots contribute less than 0.05% to its revenue [9] - Aerospace Electromechanical confirms that its main business does not involve commercial aerospace [10] - Deyi Culture's major shareholder plans to reduce holdings by no more than 2% of shares [11] Group 4 - China National Materials International signed a 2.7 billion yuan engineering contract for a molybdenum mining project [12] - Weiguang Bio plans to sign a 1.13 billion yuan technology cooperation contract for blood products [13] - Suhao Huihong intends to swap assets with its controlling shareholder for a 2.33% stake in Zijin Property Insurance [14] Group 5 - Haike Xinyuan's employee strategic placement plan intends to reduce holdings by no more than 2.5% of shares [15][16] - Taihao Technology's vice president resigns for personal reasons [17] - Huazhu Gaoke plans to establish a joint venture for 3D printing services with a total investment of 100 million yuan [18] Group 6 - Hubei Energy's November power generation was 2.617 billion kWh, a decrease of 17.94% year-on-year [19] - Dong'a Ejiao plans to repurchase shares worth 100 million to 200 million yuan for capital reduction [20] - Longjiang Transportation's shareholder reduced holdings by 1.2% [21] Group 7 - Feilu Co. plans to reduce holdings by no more than 1.02% of shares [22] - Zhongwei Electronics is planning a change in control, leading to a temporary stock suspension [23] - Zhongheng Group's subsidiary received approval for clinical trials of a new cancer drug [24] Group 8 - Guanzhong Ecology's controlling shareholder changed to Deep Blue Financial Whale [25] - Shennong Seed Industry is transferring a 3.8% stake in a subsidiary for 31.9827 million yuan [26] - Sun Cable's major shareholder plans to reduce holdings by no more than 3% of shares [27] Group 9 - Aiwei Electronics' application for issuing convertible bonds has been approved by the Shanghai Stock Exchange [28] - Chongqing Water intends to acquire wastewater treatment projects for 255 million yuan [29] - Boyun New Materials plans to increase its subsidiary's capital by 285 million yuan through debt-to-equity conversion [30] Group 10 - Zhongbai Group is closing unprofitable stores, expecting a loss of approximately 180 million yuan [31] - Changyuan Power's November power generation decreased by 17.88% year-on-year [32]

证券日报网讯 12月4日，国投智能在互动平台回答投资者提问时表示，公司聚焦"安全可信"核心定位， 在具身智能领域探索布局工业巡检、警务巡逻、健康养老三大垂直场景。具体情况若达到信息披露标 准，将通过官方渠道发布。 （编辑 丛可心 袁冠琳） ...

Investment Rating - The report maintains a "Buy" rating for the company, with a target price of 15.05 CNY based on a PS valuation method [3][10][6]. Core Insights - The company reported a decline in revenue and net profit for the first three quarters of 2025, with a total revenue of 795 million CNY (YoY -11.4%) and a net loss of 366 million CNY (YoY -51.2%) [2]. - The company experienced a significant drop in Q3 2025 revenue, amounting to 238 million CNY (YoY -31.9%), and a net loss of 157 million CNY (YoY -37.8%) [2]. - Despite the current downturn, the company expects a rebound in revenue due to a 23% increase in new orders in the first nine months of 2025, particularly in long-cycle business areas such as public safety big data and digital governance [9]. - The gross margin decreased to 35% in the first nine months of 2025, down 5.73 percentage points YoY, attributed to weak market demand and increased buyer bargaining power [9]. - The company is focusing on AI-driven products and cost control measures to improve gross margins in the future [9]. Financial Performance Summary - The company’s projected net profits for 2025-2027 are -318 million CNY, 28 million CNY, and 157 million CNY respectively, reflecting a downward revision from previous forecasts [3][10]. - Revenue is expected to decline from 1,984 million CNY in 2023 to 1,689 million CNY in 2025, before rebounding to 2,461 million CNY by 2027 [5]. - The gross margin is projected to stabilize around 39% in 2026 and 38.6% in 2027, indicating a gradual recovery [5]. Market Context - The company operates in the computer industry, with a current market capitalization of approximately 12.8 billion CNY [6]. - The stock has shown a 52-week price range of 19.94 CNY (high) to 11.2 CNY (low) [6]. - The report highlights the company's strategic focus on AI applications and digital transformation initiatives, particularly in collaboration with the State Investment Group [9].

经公司正式函询控股股东国投智能科技，并由其确认：截至公告披露日，控股股东未投资设立中创云 科，相关市场传闻与事实不符。截至公告披露日，公司不存在应披露而未披露的重大信息，亦不存在其 他与上述传闻相关的需澄清事项。 智通财经APP讯，国投智能(300188.SZ)发布公告，近日，公司关注到有市场传闻称公司控股股东国投智 能科技有限公司(简称国投智能科技)在湖北设立全资子公司中创云科控股(湖北)有限公司(简称中创云 科)。为避免该传闻对广大投资者及社会各界造成误导，维护投资者合法权益，公司就该事项进行专项 核查，现予以澄清说明。 ...