Financial Performance - The company's revenue for the first half of 2025 was CNY 460,053,677.17, representing a slight increase of 0.03% compared to CNY 459,923,202.20 in the same period last year [24]. - The net loss attributable to shareholders for the reporting period was CNY 18,736,386.69, a significant increase of 118.03% from a loss of CNY 8,593,515.44 in the previous year [24]. - The net cash flow from operating activities improved by 25.40%, amounting to a negative CNY 152,566,906.07 compared to a negative CNY 204,503,108.81 in the same period last year [24]. - The total assets at the end of the reporting period were CNY 2,894,594,558.68, reflecting a 1.30% increase from CNY 2,857,565,523.02 at the end of the previous year [24]. - The net assets attributable to shareholders decreased by 2.19%, totaling CNY 1,062,723,837.41 compared to CNY 1,086,570,647.20 at the end of the previous year [24]. - The basic and diluted earnings per share were both CNY -0.14, representing a decline of 133.33% from CNY -0.06 in the same period last year [24]. - The weighted average return on equity was -1.74%, a decrease of 0.95% compared to -0.79% in the previous year [24]. - The company reported a net profit excluding non-recurring gains and losses of CNY -19,219,089.61, which is a 110.81% increase in losses from CNY -9,116,949.44 in the previous year [24]. Corporate Governance - All directors attended the board meeting to review the semi-annual report, ensuring accountability for the report's accuracy [3]. - The company has established a governance structure that includes a board of directors, supervisory board, and management team to ensure clear responsibilities and effective checks and balances [124]. - The company has not provided any guarantees for controlling shareholders or related parties, ensuring the protection of minority shareholders' interests [126]. - The company has not encountered any issues or other situations regarding the use and disclosure of fundraising funds [102]. - The company has not reported any major events related to subsidiaries during the reporting period [183]. Research and Development - As of June 30, 2025, the company had 955 R&D personnel, accounting for 41.67% of the total workforce [68]. - Research and development investment increased by 7.37% to ¥96,105,442.63 from ¥89,510,948.78 year-on-year [77]. - The company is increasing R&D investment and collaborating with academic institutions to mitigate technology and product development risks [113]. - The company is investing 200 million RMB in R&D for new technologies aimed at enhancing user experience and operational efficiency [173]. - Research and development expenses increased by 10% to 300 million, focusing on innovative technologies and product enhancements [176]. Market Expansion and Strategy - The company plans to enhance its market presence by expanding into non-education sectors and improving project management efficiency [112]. - The company is expanding its market presence in Southeast Asia, targeting a 30% market share by 2026 [162]. - The company is exploring potential mergers and acquisitions to enhance its competitive position in the market, with a budget of 500 million allocated for this purpose [162]. - The company has set a performance guidance for the second half of 2025, projecting a revenue growth of 15% compared to the first half [173]. - The company plans to implement new marketing strategies aimed at increasing brand awareness, with a budget increase of 10% for marketing expenditures [162]. Related Party Transactions - The company has engaged in related party transactions involving sales of products and services, with a total transaction amount of 1.67 million yuan, representing 0.00% of the approved limit [142]. - The company has confirmed that all related party transactions were conducted at market prices, ensuring compliance with regulatory standards [144]. - The actual amount of daily related party transactions for the first half of 2025 was RMB 22.56 million, which is within the estimated total of RMB 63 million for the year [146]. - The company has not engaged in any significant related party transactions during the reporting period [152]. Financial Management and Guarantees - The company has committed to providing an irrevocable maximum guarantee of 1,000 million for its financing obligations, effective from April 24, 2025 [167]. - The total approved guarantee amount for subsidiaries during the reporting period is CNY 16,800 million, with actual guarantees amounting to CNY 16,500 million [178]. - The company is actively managing its debt obligations to ensure compliance with the guarantee agreements [161]. - The company has established a partnership for investment management, which is expected to enhance its financial capabilities [161]. Customer Engagement and Satisfaction - User data showed a growth rate of 25% year-over-year, indicating strong customer engagement and retention [163]. - Customer satisfaction ratings have improved to 90%, indicating successful service enhancements and product quality improvements [163]. - The user base has shown a growth rate of 49% year-over-year, indicating strong market demand and customer retention [165]. - The user base expanded by 20% year-over-year, reaching a total of 800,000 active users as of March 2025 [174]. Environmental and Social Responsibility - The company has committed to environmental protection and sustainable development, utilizing energy-saving materials and promoting information technology in office operations [130]. - The company has implemented a comprehensive social responsibility management system, integrating it into its development strategy [130].

Core Viewpoint - The launch of the new generation of the Chinese operating system, Galaxy Kirin V11, has catalyzed a significant surge in domestic software stocks, indicating a robust growth potential in the domestic operating system market driven by supportive policies [1][2][6]. Market Performance - On August 26, A-share domestic software concept stocks experienced a collective surge, with the domestic software index reaching a nearly 10-year high. Notable stocks such as Kaipu Cloud, Zhengyuan Wisdom, and Junyi Digital achieved a 20% limit-up, while several others rose over 10% [2][6]. - The "2025 China Operating System Industry Conference" showcased the latest applications of Chinese operating systems across various sectors, including energy, finance, and healthcare [2]. Product Highlights - Galaxy Kirin V11 is the first domestic operating system to exceed one million ecosystems, demonstrating compatibility with major domestic CPUs, GPUs, and boards, and has been deployed in over 16 million sets [3][4]. - Key features of Galaxy Kirin V11 include: 1. Based on Linux Kernel 6.6, accelerating updates for domestic operating systems [4]. 2. Enhanced security measures to protect user privacy [4]. 3. Improved user experience with faster response times and AI upgrades [4]. 4. Collaborative ecosystem development with partners [4]. 5. User-driven product development [4]. Industry Growth Potential - The Chinese operating system market is projected to reach 58.6 billion yuan by 2025, with the software industry expected to maintain a compound annual growth rate of 12%-15% over the next 5-10 years [1][6]. - The software industry in China is anticipated to exceed 15 trillion yuan by 2025 and 20 trillion yuan by 2028 [6]. - The industrial software sector is crucial for the high-quality development of intelligent manufacturing and is expected to experience rapid growth as core technologies advance [6][7]. Policy Support - The Chinese government has emphasized the importance of self-controlled operating systems in national information and cybersecurity strategies, with policies encouraging the procurement of domestic software and hardware [5][6][7]. - The State-owned Assets Supervision and Administration Commission has mandated that by 2027, state-owned enterprises must achieve 100% domestic replacement across the entire industry chain, including chips and operating systems [6].

Core Viewpoint - The company, Zhengyuan Zhihui, announced a change in the use of part of its raised funds, reallocating 17.94 million yuan from the "Integrated Cloud Platform Project for Basic Education Management and Services" to the "Integrated Platform Project for Higher Education Operations and Services" through a loan to its subsidiary, Zhejiang Nipton, at an interest rate of 8% [1] Fund Allocation Changes - The company plans to reduce its investment in the "Integrated Cloud Platform Project for Basic Education Management and Services" due to the project not achieving expected benefits and delays caused by external market uncertainties, with the project now postponed until December 25, 2026 [1] - The total investment for the "Integrated Platform Project for Higher Education Operations and Services" is 19.94 million yuan, with a construction period of 18 months [1] Project Details - The "Integrated Platform Project for Higher Education Operations and Services" aims to purchase IoT air conditioning and intelligent hot water management systems to provide efficient operational services for university students [1]

Market Performance - The ChiNext Index fell by 0.76%, closing at 2742.13 points, with a total trading volume of 7500.68 billion yuan, a decrease of 1249.07 billion yuan compared to the previous trading day [1] - Among the tradable ChiNext stocks, 700 stocks closed higher, with 17 stocks hitting the daily limit up, while 672 stocks closed lower, and 4 stocks fell by more than 10% [1] Turnover Rate - The average turnover rate for the ChiNext today was 5.99%, with 48 stocks having a turnover rate exceeding 20%, and 247 stocks between 10% and 20% [1] - The stock with the highest turnover rate was Hongjing Technology, which closed up 3.48% with a turnover rate of 45.60% and a trading volume of 26.09 billion yuan [1] Institutional Activity - Nine high turnover ChiNext stocks appeared on the Dragon and Tiger List, with institutional participation noted in all nine stocks [3] - Hongjing Technology saw a net institutional buy of 84.68 million yuan from three specialized seats, while Zhengyuan Wisdom had a net buy of 36.60 million yuan from one specialized seat [3] Capital Flow - Among high turnover stocks, 21 stocks experienced net inflows of main funds, with Zhengyuan Wisdom, Junyi Digital, and Boya Precision receiving net inflows of 199 million yuan, 137 million yuan, and 124 million yuan respectively [4] - Conversely, Kede Education, Haozhi Electromechanical, and Zhongwen Online had significant net outflows of 567 million yuan, 213 million yuan, and 212 million yuan respectively [4] Earnings Reports - Among high turnover stocks, 34 companies released semi-annual reports, with Gaolan Co., Shuo Beid, and Xiaoming Co. showing substantial net profit growth of 1438.57%, 981.11%, and 733.34% respectively [4] - Only one company issued a profit forecast, with Guangdong Jianke expected to have a net profit of 34.50 million yuan, representing a year-on-year increase of 5.64% [4]

Group 1 - The stock of Zhengyuan Wisdom reached the daily limit, with a turnover rate of 28.93% and a transaction amount of 899 million yuan, showing a volatility of 21.61% [2] - Institutional investors net bought 36.60 million yuan, while the total net purchase from brokerage seats amounted to 90.76 million yuan [2] - The stock was listed on the Shenzhen Stock Exchange due to a closing price increase of 20.00% [2] Group 2 - The top five brokerage seats accounted for a total transaction of 322 million yuan, with a buying transaction amount of 225 million yuan and a selling transaction amount of 97.54 million yuan, resulting in a net purchase of 127 million yuan [2] - Among the brokerage seats, one institutional seat was noted, with a buying amount of 42.07 million yuan and a selling amount of 5.47 million yuan, leading to a net purchase of 36.60 million yuan [2] - The stock experienced a net inflow of 199 million yuan from main funds today, with a significant single net inflow of 242 million yuan, while large single funds saw a net outflow of 42.79 million yuan [2]

Market Overview - A-shares showed mixed performance with the Shanghai Composite Index down by 0.39% and the Shenzhen Component Index up by 0.26% [1][5] - The total trading volume in the Shanghai and Shenzhen markets was approximately 26,790 billion, a decrease of 4,621 billion from the previous trading day [1] Index Performance - The Shanghai Composite Index closed at 3,868.38 points, the Shenzhen Component Index at 12,473.17 points, and the ChiNext Index at 2,742.13 points [2][5] - The ChiNext Index experienced a decline of 0.76%, while the North Star 50 and Sci-Tech 50 indices fell by 0.76% and 1.31%, respectively [1][2] Sector Movements - The gaming sector saw a strong performance with stocks like 37 Interactive Entertainment hitting the daily limit [3] - The domestic software concept stocks surged, with the domestic software index reaching a nearly 10-year high, and several stocks recorded a 20% limit up [3] - Consumer electronics stocks gained traction in the afternoon session, with companies like GoerTek and Fenda Technology hitting the daily limit [4] Emerging Trends - The launch of the new generation Chinese operating system, Galaxy Kirin OS V11, was announced, indicating significant growth potential in the domestic operating system market [5] - Analysts predict that the Chinese operating system market could reach 58.6 billion by 2025, with a compound annual growth rate of 12%-15% expected for the software industry over the next 5-10 years [5]

Core Viewpoint - The launch of the new generation Chinese operating system, Galaxy Kirin V11, at the "2025 China Operating System Industry Conference" has catalyzed a significant surge in domestic software stocks, indicating a robust growth potential in the domestic operating system market driven by supportive policies [1][2][6]. Group 1: Market Performance - On August 26, A-share domestic software concept stocks experienced a collective surge, with the domestic software index reaching a nearly 10-year high, and several stocks, including Kaipu Cloud and Zhengyuan Wisdom, hitting the 20% limit up [2][6]. - Analysts predict that the Chinese operating system market will reach a scale of 58.6 billion yuan by 2025, with the software industry expected to maintain a compound annual growth rate of 12%-15% over the next 5-10 years [1][6]. Group 2: Product Highlights - The Galaxy Kirin V11 features five major highlights: 1. It is the first commercial version based on Linux Kernel 6.6, accelerating updates in Chinese operating systems [4]. 2. It maintains the highest security level, enhancing user privacy protection [4]. 3. It offers improved responsiveness and a smooth user experience, redefining office productivity [4]. 4. It has developed a mature ecosystem, fully compatible with major domestic CPUs and GPUs [3][4]. 5. It emphasizes user co-creation, ensuring that even minor user needs contribute to product value [4]. Group 3: Policy Support and Industry Outlook - The Chinese government has integrated the autonomy of operating systems into its top-level design, making it a crucial part of national information and cybersecurity [5][6]. - The State-owned Assets Supervision and Administration Commission's "Document No. 79" mandates that by 2027, state-owned enterprises must achieve 100% domestic replacement across the entire industry chain, including chips and operating systems [6]. - The software industry is projected to exceed 15 trillion yuan by 2025 and 20 trillion yuan by 2028, indicating vast market potential [6].

Market Overview - On August 21, the computer equipment sector rose by 0.11% compared to the previous trading day, with Sanwei Xinan leading the gains [1] - The Shanghai Composite Index closed at 3771.1, up 0.13%, while the Shenzhen Component Index closed at 11919.76, down 0.06% [1] Top Gainers in Computer Equipment Sector - Sanwei Xinan (688489) closed at 51.70, up 20.01% with a trading volume of 50,900 lots and a transaction value of 255 million [1] - Yuyin Co. (002177) closed at 9.09, up 10.05% with a trading volume of 243,000 lots and a transaction value of 221 million [1] - Tangyuan Electric (300789) closed at 31.99, up 6.60% with a trading volume of 61,700 lots [1] - Newland (000997) closed at 30.68, up 4.75% with a trading volume of 537,700 lots and a transaction value of 1.654 billion [1] Top Losers in Computer Equipment Sector - Luopute (1988899) closed at 17.96, down 6.85% with a trading volume of 104,300 lots and a transaction value of 191 million [2] - Huijin Co. (300368) closed at 15.96, down 6.01% with a trading volume of 949,700 lots and a transaction value of 1.554 billion [2] - Yimikang (300249) closed at 17.26, down 5.94% with a trading volume of 508,500 lots [2] Capital Flow Analysis - The computer equipment sector experienced a net outflow of 2.693 billion from institutional investors, while retail investors saw a net inflow of 2.055 billion [2] - The sector's overall capital flow indicates a mixed sentiment, with institutional selling and retail buying [2] Individual Stock Capital Flow - New Guodu (300130) had a net inflow of 14.8 million from institutional investors, while retail investors had a net outflow of 20.76 million [3] - Yuyin Co. (002177) saw a net inflow of 101 million from institutional investors, but a net outflow of 54.69 million from retail investors [3] - Sanwei Xinan (688489) had a net inflow of 54.64 million from institutional investors, with retail investors experiencing a net outflow of 15.72 million [3]

Core Viewpoint - The company, Zhengyuan Zhihui, has conducted a self-inspection of its tax compliance and identified a need to pay additional corporate income tax and late fees related to convertible bond interest expenses for the period from January 1, 2020, to December 31, 2021, totaling 3.5281 million yuan [1] Tax Compliance and Financial Impact - The company confirmed the need to pay 2.1771 million yuan in corporate income tax and 1.3510 million yuan in late fees, amounting to a total of 3.5281 million yuan [1] - As of the announcement date, the company has completed the payment of the aforementioned tax and late fees, and the tax authority has not imposed any penalties [1] - According to relevant accounting standards, this tax payment does not constitute a significant prior period accounting error and will not require restatement of previous financial data [1] - The payment will be recorded in the profit and loss for the year 2025, with an estimated impact of approximately 3.5281 million yuan on the net profit attributable to shareholders of the listed company for that year [1]

| 证券代码：300645 | 证券简称：正元智慧 | 公告编号：2025-080 | | --- | --- | --- | | 债券代码：123196 | 债券简称：正元转02 | | 正元智慧集团股份有限公司 关于公司补缴税款的公告 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。 一、基本情况 正元智慧集团股份有限公司（以下简称"公司 "或"正元智慧 "）在日常税务 合规自查过程中，对2020年度—2021年度可转债相关财税处理进行了专项复核。 经全面自查确认，因可转债利息费用的税会处理差异，需补缴2020年01月01日 至2021年12月31日期间企业所得税217.71万元以及相应滞纳金135.10万元，合计 352.81万元。 截至本公告披露日，公司已按要求将上述税款及滞纳金缴纳完毕，主管税 务部门未对该事项给予处罚。 二、对公司的影响及风险提示 根据《企业会计准则第28号——会计政策、会计估计变更和差错更正》相 关规定，上述补缴税款事项不属于重大的前期会计差错，不涉及前期财务数据 追溯调整。公司补缴上述税款将计入2025年当期损益，预计将影响公司2 ...