In-depth Analysis of Rongji Software (002474.SZ) Popularity Reasons: Driven by AI Government Affairs Concept and Market Dynamics

This analysis is based on internal analyst reports [0] and external announcements [1][4]. Rongji Software (002474.SZ) has recently become the focus of the market, mainly driven by the implementation of the AI government affairs concept. The company assisted the Xiangyang Municipal Data Bureau in building the “Longzhong AI Government Affairs Large Model” to connect government affairs systems with AI large models [0]. In terms of stock price performance, there were three consecutive limit-up trading days from November 17 to 19, with a cumulative increase of over 20%. On November 19, it hit the limit-up board, with the stock price reaching 10.29 yuan [2]. Regarding capital flow, the financing purchase amount on November 18 was 44.8992 million yuan, and the balance of financing and securities lending reached 277 million yuan [3]. Financially, the company’s operating income in the first three quarters of 2025 was 366 million yuan, but the net profit attributable to parent shareholders was -32.55 million yuan, which is in a loss state [0]. The company issued an abnormal fluctuation announcement on November 18, stating that its business conditions are normal and there have been no major changes in the internal and external environment [4].

1. Alignment with AI + Government Affairs Trend
   : Rongji Software’s AI government affairs project aligns with the current industry trend of AI technology application in the government affairs field. 68% of software enterprises have applied AI technology, and leading enterprises have significantly higher returns [5].
2. Deviation Between Market Sentiment and Fundamentals
   : Despite the high market sentiment (consecutive limit-ups), the company’s fundamentals still face challenges (loss in the first three quarters), so attention should be paid to the subsequent improvement of profitability.
3. Rising Capital Attention
   : The increase in financing purchase amount reflects the market’s optimistic expectations for the short-term trend of this stock, but we also need to be alert to the volatility risks brought by leveraged funds.

• Insufficient Fundamental Support: Loss in the first three quarters, need to observe the effect of subsequent business transformation [0].
• Market Volatility Risk: Large short-term increase may face correction pressure [0].
• Concept Speculation Risk: The actual implementation effect of the AI government affairs concept still needs time to verify [0].

• Growth Potential in AI Government Affairs Field: With the acceleration of government digitalization, the demand for AI technology application will continue to rise [5].
• Business Transformation Opportunity: The company can optimize existing government affairs software products with AI technology to enhance competitiveness [0].

Rongji Software (002474.SZ) has recently become a market hot stock mainly driven by the AI government affairs concept, with strong short-term market performance, but there are still certain challenges in fundamentals. Investors should objectively view the discrepancy between market sentiment and fundamentals, and pay attention to the actual implementation progress of the company’s AI government affairs project and subsequent financial performance. This analysis provides objective information to support decision-making and does not constitute investment advice.