Inspur Software (600756) Limit-Up Analysis: AI Government Affairs Breakthroughs and State-Owned Asset Increases Drive Market Sentiment

Inspur Software is an enterprise specializing in software development and system integration services for industries such as digital government and tobacco [0], with software and system integration accounting for 99% of its business composition [0].

1. AI Government Affairs Breakthrough
   : The company’s AI government affairs large model platform has been applied in over 50 government affairs projects [1][2], strengthening its competitive advantage in the digital government sector.
2. State-Owned Asset Increase Signal
   : Shandong SASAC has accumulated an increase of 14.9354 million shares [2], releasing a strong bullish signal and boosting market confidence.
3. Main Capital Inflow
   : On November 17, the net purchase amount on a single day reached 262 million yuan [3], directly driving the stock price to hit the limit-up.

At the industry level, the national software business revenue reached 11.11 trillion yuan in the first three quarters of 2025, a year-on-year increase of 13% [1], and policy dividends continue to be released. The company is advancing its ‘Artificial Intelligence+’ strategy and has a first-mover advantage in the digital government sector [0].

Although market sentiment is optimistic, the company is still in a financial adjustment period [1], and investors need to balance short-term favorable factors and the pace of long-term fundamental improvement.

In the short term, main capital inflows and favorable policies may support the stock price to remain strong [3], but attention should be paid to changes in trading volume and the overall environment of the broader market [4].