国泰海通强调，2026年有望看到AI应用从"可用"到"好用"，与多元化商业模式落地，AI应用有望成为2026年AI产业行情核心主线。重点聚焦三类企业：具备 流量与用户粘性的互联网平台公司、垂直领域（医疗、金融、工业等）应用落地企业，以及受益于资本开支加码的国产算力与AIDC产业链。 从C端的生活普惠到B端的产业革新，AI应用正以全方位姿态开启"黄金元年"。在技术、政策与需求的三重驱动下，AI工具将持续渗透更多场景，或成为 2026年最具成长潜力的产业赛道。 创业板软件ETF华夏紧密跟踪创业板软件指数，截至2026年1月30日，创业板软件指数(399264)前十大权重股分别为同花顺、润泽科技、昆仑万维、指南针、 深信服、润和软件、网宿科技、软通动力、中科创达、汉得信息，前十大权重股合计占比48.61%。（以上所列股票仅为指数成份股，无特定推荐之意） 2月13日 三大指数集体走低，创业板软件冲高回落，截至10:20，成分持仓股方面涨跌互现，国投智能领涨4.76%，网宿科技、慧博云通等股跟涨；东方国 信、顺网科技、万兴科技等股纷纷重挫，盘中换手18.48%，成交1.16亿元，市场交投活跃。统计显示，创业板软件ETF ...

中银证券在2025年12月22日研报中建议关注智能驾驶相关企业，包括地平线机器人、黑芝麻智能等算力 与芯片企业，中科创达、德赛西威、经纬恒润、光庭信息等智驾系统与域控制器企业，小马智行、文远 知行等Robotaxi企业，中邮科技、万集科技、新北洋、北路智控等垂直智驾企业，以及四维图新、小鹏 汽车、浩瀚深度、阿尔特等。 南方2月13日电，智能驾驶概念走强，浙江世宝直线涨停，豪恩汽电、四维图新、万集科技、德赛西 威、中海达跟涨。消息面上，据工信部，工业和信息化部装备工业一司组织全国汽车标准化技术委员会 开展了《智能网联汽车 自动驾驶系统安全要求》等五项强制性国家标准的制修订，已形成征求意见 稿，现公开征求社会各界意见。 ...

Core Viewpoint - The company, Zhongke Chuangda, has launched a one-stop intelligent agent solution focused on the development and implementation of enterprise-level AI intelligent agents, covering areas such as intelligent agent development, technical services, and scenario-based solutions [1] Group 1: Intelligent Agent Development - The company utilizes the Volcano Engine HiAgent and the Kouzi platform to support enterprises in building customized intelligent agents [1] - Applications include diverse functionalities such as research report Q&A, intelligent shopping guides, and Q&A assistants [1]

Group 1 - The core viewpoint of the news highlights the ongoing fluctuations in the software sector, particularly within the ChiNext software ETF, which saw a slight decline of 0.09% as of February 11, 2026, while individual stocks like Wangsu Science & Technology and Guangliwei experienced significant gains of 10.60% and 9.04% respectively [1] - The report from Huatai Securities indicates that 2025 is expected to be the "Year of Agents," with 2026 likely marking a period of accelerated implementation of Agent technologies, driven by rapid iterations in Agentic Coding and fierce competition among major companies for personal agent assistants [1] - The rapid iteration of Agentic Coding is anticipated to reshape the software industry, potentially leading to a paradox where the value of standalone software may decline despite a surge in personalized, AI-generated software [1] Group 2 - As of January 30, 2026, the top ten weighted stocks in the ChiNext software index include Tonghuashun, Runze Technology, and Kunlun Wanwei, collectively accounting for 48.61% of the index [2] - The performance of individual stocks within the index shows varied results, with notable declines in stocks like Kunlun Wanwei at -4.13% and Tonghuashun at -1.26%, while others like Shenshuo Technology and Zhongke Chuangda showed positive movements [3]

Core Insights - The article highlights the ongoing transformation in the automotive industry, emphasizing the integration of advanced technologies such as AI, smart chips, and intelligent driving systems to enhance production efficiency and user experience [1][5]. Group 1: Industry Transformation - The automotive industry is undergoing significant changes, with a focus on high-quality development and the integration of various technologies [1]. - Key areas of innovation include autonomous vehicles, smart cockpit technologies, and intelligent chassis systems, which reflect the industry's commitment to modernization [1]. Group 2: Company Operations - The company, Zhongke Chuangda, is actively engaged in the development of intelligent automotive solutions, with hundreds of engineers working continuously to refine their products [3]. - The rigorous testing process for vehicle visual functions involves hundreds of iterations to meet strict safety standards, such as the driver monitoring system achieving a failure rate of less than once in a million hours [3][4]. Group 3: AI Integration - AI tools are utilized to enhance problem-solving efficiency, as demonstrated by a recent incident where engineers quickly identified and resolved a communication issue affecting production robots [4]. - The combination of AI's data analysis capabilities and human judgment is seen as a significant advancement in addressing technical challenges within the industry [4]. Group 4: Future Outlook - The company aims to leverage its core strategy of "operating system + edge AI" to drive innovation and achieve milestones in the intelligent automotive sector by 2025 [4]. - The ongoing advancements in edge AI technology are expected to create broader development opportunities for the smart automotive and robotics industries, benefiting consumers and enhancing production efficiency [5].

Group 1 - The software concept is experiencing a surge, with the ChiNext Software ETF (159256) rising by 3.86% as of February 9, 2026, and notable stocks like Dongfang Guoxin and Wanxing Technology increasing by 16.73% and 11.63% respectively [1] - In the past 21 trading days, the ChiNext Software ETF has attracted a total of 539 million yuan [1] - ByteDance has launched its latest video model, Seedance 2.0, which is now available on the Jiemeng platform, allowing users to generate videos from text/images and use video/audio as reference materials [1] Group 2 - The ChiNext Software ETF closely tracks the ChiNext Software Index, which as of January 30, 2026, has its top ten weighted stocks including Tonghuashun, Runze Technology, and Kunlun Wanwei, accounting for a total of 48.61% of the index [2] - The top ten stocks in the ChiNext Software Index are as follows: Tonghuashun (3.64% increase, 8.68% weight), Guiding Compass (1.10% increase, 6.38% weight), and Runhe Software (2.31% increase, 4.93% weight) among others [3]

持股过节，关注成长 ——2026年2月五维行业比较观点 策略组 张宇生 SAC编号：S0930521030001 策略组 王国兴 SAC编号：S0930524070013 请务必参阅正文之后的重要声明 核心观点 2026年2月8日 证券研究报告 1 国海富兰克林基金 请务必参阅正文之后的重要声明 五维行业比较框架介绍。股价表现受多重因素影响，单一指标难以有效指导行业比较。想要做好行业比较，需要对各种可能 影响股价的因素均进行分析并做出综合判断，并且对于未来可能的市场主导因素，应该赋予更高的权重。基于此，我们综合 市场风格、基本面、资金面、交易面、估值五个维度，构建了"五维行业比较框架" ，在非财报季时期，我们对于五个维 度进行等权打分，而在财报季，则给予基本面维度更高权重，并降低市场风格及估值维度的权重。 历史回测来看，五维行业比较框架表现优异，得分越高的行业表现往往更好。通过复盘2016年至2025年2月期间五维行业比 较框架的历史表现，可以发现该框架下得分越高的行业股价表现往往更好，按得分高低将行业依次分为第1组、第2组 、第3 组、第4组、第5组，各组的年化收益率分别为11.8%、1.3%、-1.4%、 ...

Core Viewpoint - Zhongke Chuangda (300496.SZ) has successfully completed a share buyback program, demonstrating its commitment to shareholder value and compliance with regulatory requirements [1] Summary by Relevant Sections Share Buyback Details - The company has repurchased a total of 718,800 shares, which represents 0.16% of its total share capital [1] - The highest transaction price during the buyback was 78.10 CNY per share, while the lowest was 48.65 CNY per share [1] - The total amount of funds used for the buyback reached 38.6948 million CNY, excluding transaction fees [1] Compliance and Regulations - The implementation of the buyback aligns with the company's established buyback plan and adheres to relevant laws and regulations [1]

—1— 证券代码：300496 证券简称：中科创达 公告编号：2026-003 中科创达软件股份有限公司 关于回购公司股份的进展公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记 载、误导性陈述或重大遗漏。 中科创达软件股份有限公司（以下简称"公司"）于2025年4月7日召开第五届 董事会第七次会议审议通过《关于回购公司股份方案的议案》，公司拟以集中竞 价交易方式回购公司股份，本次用于回购的资金总额为不低于人民币5,000万元 （含），不超过人民币10,000万元（含），回购价格不超过96元/股。具体回购资 金总额以公司公告回购方案实施完毕之日实际使用的资金总额为准。本次公司回 购股份的资金来源为公司自有或自筹资金。回购的股份将用于员工持股计划或股 权激励。本次回购股份的实施期限为自公司董事会审议通过本次回购股份方案之 日起12个月内。具体内容详见公司披露于巨潮资讯网的相关公告。 根据《深圳证券交易所上市公司自律监管指引第9号—回购股份》等相关规 定，回购期间，公司应在每个月的前3个交易日内披露截至上月末的回购进展情 况。现将公司截至2026年1月31日的回购进展情况公告如下： 一、 ...

Core Viewpoint - The collaboration between the company and Volcano Engine has been evolving since 2024, focusing on the development of AI solutions for the smart automotive sector [2] Group 1: Partnership Development - The partnership began with the company's inclusion in the Volcano Engine Automotive Large Model Ecological Alliance [2] - A joint laboratory was established, and the company received HiAgent delivery authorization, indicating an upgrade in their collaboration [2] Group 2: Technological Advancements - The company leverages Volcano Engine's HiAgent and the Kouzi platform, combined with its own operating system technology, to create a comprehensive solution covering the entire chain [2] - In the smart automotive field, the company has launched an AI cockpit solution that enables real-time interaction between the vehicle and cloud brain, achieving a 500ms voice feedback response time and multimodal recognition and recommendation features [2] Group 3: User Experience Enhancement - The GUI Agent developed based on the Volcano Ark Mass platform can autonomously plan, reason, and execute UI interaction operations, significantly enhancing the cockpit interaction experience [2]