Rongji Software (002474.SZ) In-depth Analysis of Popular Driving Factors and Market Performance

The event occurred on November 22, 2025 (UTC+8). Rongji Software (002474.SZ) made it to the popular list due to consecutive limit-up days. At this time, policies on AI chip localization were intensively introduced, and market attention to AI-related concept stocks increased.

This analysis is based on the popular list information provided by tushare_hot_stocks [0]. Rongji Software (002474.SZ) achieved 5 consecutive limit-up days on November 21, with its stock price reaching 12.45 yuan, an 8-year high [2]. The main driving factors include policy dividends from AI chip localization [7], the launch of AI government affairs large models [5], and capital inflows from sector rotation [3]. However, the company’s net profit loss was 32.5519 million yuan in the first three quarters of 2025 [8], and there is a discrepancy between fundamentals and stock price trends, so subsequent changes need to be monitored.

• Policy端
  ：Driven by policies on AI chip localization, the country has increased support for domestic substitution [7], and Rongji Software, as a local software enterprise, benefits from this.
• 技术端
  ：Assisted Xiangyang City in building the ‘Longzhong AI Government Affairs Large Model’, achieving breakthroughs in intelligent government affairs applications [5], and accumulating data governance and model capabilities.
• 资金端
  ：Under sector rotation, AI computing power concept stocks are sought after. On November 18, the turnover was 1.088 billion yuan, with a turnover rate of 22.35% [2], and capital actively participated.

The company’s revenue in the first three quarters of 2025 was 366 million yuan (YoY +0.96%) [8], but its net profit loss was 32.5519 million yuan, an expanded loss [2]. The stock price increase did not reflect the profit situation simultaneously.

• 跨领域关联
  ：The combination of AI policies and local government affairs demands, Rongji Software uses its regional advantages (Fujian) to seize the AI government affairs track [5].
• 短期 vs 长期
  ：Short-term capital drives stock price increases; long-term growth depends on profit improvement brought by the implementation of AI business [0].

• 盈利风险
  ：Continuous net profit loss, insufficient fundamental support [8];
• 政策风险
  ：Changes in the intensity of AI localization policies may affect valuation [7];
• 市场风险
  ：Against the backdrop of a sharp decline in the ChiNext Index, individual stock volatility intensifies [4].

• AI政务拓展
  ：The ‘Longzhong AI Government Affairs Large Model’ has been successfully launched and is expected to be replicated in other regions [5];
• 政策红利
  ：AI chip localization continues to advance, and industry demand grows [7].

Rongji Software’s recent stock price performance is strong, mainly driven by policies and technological breakthroughs, but there is still pressure on fundamentals. Investors need to pay attention to the commercialization progress of AI business, policy sustainability, and profit improvement, and view short-term stock price fluctuations rationally.