光云科技科创板IPO疑点重重：核心技术未申请专利过半募资用来买房-小产权房558

　　(_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>中国网_blank class=infotextkey>get=_blank class=infotextkey>财经_blank class=infotextkey>get=_blank class=infotextkey>综_blank class=infotextkey>合_blank class=infotextkey>报道)科创板_blank class=infotextkey>get=_blank class=infotextkey>股票_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>上市委员_blank class=infotextkey>get=_blank class=infotextkey>会日前_blank class=infotextkey>get=_blank class=infotextkey>发_blank class=infotextkey>get=_blank class=infotextkey>布_blank class=infotextkey>get=_blank class=infotextkey>公告，_blank class=infotextkey>get=_blank class=infotextkey>杭州光云 _blank class=infotextkey>get=_blank class=infotextkey>科技_blank class=infotextkey>get=_blank class=infotextkey>股份_blank class=infotextkey>get=_blank class=infotextkey>有_blank class=infotextkey>get=_blank class=infotextkey>限 _blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>公司(以 _blank class=infotextkey>get=_blank class=infotextkey>下简称_blank class=infotextkey>get=_blank class=infotextkey>“光云_blank class=infotextkey>get=_blank class=infotextkey>科技_blank class=infotextkey>get=_blank class=infotextkey>”)将于_blank class=infotextkey>get=_blank class=infotextkey>1_blank class=infotextkey>get=_blank class=infotextkey>2月_blank class=infotextkey>get=_blank class=infotextkey>1_blank class=infotextkey>3日_blank class=infotextkey>get=_blank class=infotextkey>接受_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>上市委_blank class=infotextkey>get=_blank class=infotextkey>审核。

　　此次科创板_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>上市，光云_blank class=infotextkey>get=_blank class=infotextkey>科技_blank class=infotextkey>计划_blank class=infotextkey>get=_blank class=infotextkey>发行_blank class=infotextkey>get=_blank class=infotextkey>股票_blank class=infotextkey>不_blank class=infotextkey>get=_blank class=infotextkey>低于40_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>10_blank class=infotextkey>get=_blank class=infotextkey>万股，占_blank class=infotextkey>get=_blank class=infotextkey>发行后总_blank class=infotextkey>get=_blank class=infotextkey>股本的_blank class=infotextkey>比例_blank class=infotextkey>不_blank class=infotextkey>get=_blank class=infotextkey>低于_blank class=infotextkey>get=_blank class=infotextkey>10%。_blank class=infotextkey>get=_blank class=infotextkey>保荐机构为_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>中_blank class=infotextkey>get=_blank class=infotextkey>金_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>公司。

　　_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>公开_blank class=infotextkey>get=_blank class=infotextkey>资料_blank class=infotextkey>get=_blank class=infotextkey>显示，光云_blank class=infotextkey>get=_blank class=infotextkey>科技是_blank class=infotextkey>get=_blank class=infotextkey>一家电_blank class=infotextkey>get=_blank class=infotextkey>商SaaS_blank class=infotextkey>get=_blank class=infotextkey>企业，核心_blank class=infotextkey>get=_blank class=infotextkey>业务是基于电_blank class=infotextkey>get=_blank class=infotextkey>子_blank class=infotextkey>get=_blank class=infotextkey>商务_blank class=infotextkey>get=_blank class=infotextkey>平台为电_blank class=infotextkey>get=_blank class=infotextkey>商_blank class=infotextkey>get=_blank class=infotextkey>商家_blank class=infotextkey>get=_blank class=infotextkey>提供SaaS _blank class=infotextkey>get=_blank class=infotextkey>产品，在此基础_blank class=infotextkey>get=_blank class=infotextkey>上_blank class=infotextkey>get=_blank class=infotextkey>提供_blank class=infotextkey>get=_blank class=infotextkey>配套硬件、_blank class=infotextkey>get=_blank class=infotextkey>运营_blank class=infotextkey>get=_blank class=infotextkey>服务及CRM短_blank class=infotextkey>get=_blank class=infotextkey>信等_blank class=infotextkey>增值_blank class=infotextkey>get=_blank class=infotextkey>产品及_blank class=infotextkey>get=_blank class=infotextkey>服务。

　　光云_blank class=infotextkey>get=_blank class=infotextkey>科技实际_blank class=infotextkey>get=_blank class=infotextkey>控制_blank class=infotextkey>get=_blank class=infotextkey>人是谭光华，198_blank class=infotextkey>get=_blank class=infotextkey>5年_blank class=infotextkey>get=_blank class=infotextkey>7月出生，_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>2008年_blank class=infotextkey>get=_blank class=infotextkey>毕业于_blank class=infotextkey>get=_blank class=infotextkey>中_blank class=infotextkey>get=_blank class=infotextkey>南_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>大学_blank class=infotextkey>get=_blank class=infotextkey>软件_blank class=infotextkey>get=_blank class=infotextkey>工程_blank class=infotextkey>get=_blank class=infotextkey>专业，_blank class=infotextkey>get=_blank class=infotextkey>毕业_blank class=infotextkey>get=_blank class=infotextkey>后的_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>2008年_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>2009年曾于阿里巴巴担任_blank class=infotextkey>get=_blank class=infotextkey>软件_blank class=infotextkey>get=_blank class=infotextkey>工程师一职。本次_blank class=infotextkey>get=_blank class=infotextkey>发行前，谭光华_blank class=infotextkey>get=_blank class=infotextkey>通过直接及间接的_blank class=infotextkey>get=_blank class=infotextkey>方式_blank class=infotextkey>合计_blank class=infotextkey>get=_blank class=infotextkey>控制_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>公司_blank class=infotextkey>get=_blank class=infotextkey>2_blank class=infotextkey>3068.7_blank class=infotextkey>get=_blank class=infotextkey>28_blank class=infotextkey>get=_blank class=infotextkey>万股_blank class=infotextkey>get=_blank class=infotextkey>股份，占_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>公司_blank class=infotextkey>get=_blank class=infotextkey>发行前总_blank class=infotextkey>get=_blank class=infotextkey>股本的6_blank class=infotextkey>3.9_blank class=infotextkey>get=_blank class=infotextkey>2%，并担任_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>公司_blank class=infotextkey>董事长兼总_blank class=infotextkey>get=_blank class=infotextkey>经理。

　　_blank class=infotextkey>get=_blank class=infotextkey>值得_blank class=infotextkey>关注的是，_blank class=infotextkey>get=_blank class=infotextkey>股权_blank class=infotextkey>get=_blank class=infotextkey>方_blank class=infotextkey>面，光云_blank class=infotextkey>get=_blank class=infotextkey>科技的股_blank class=infotextkey>get=_blank class=infotextkey>东榜_blank class=infotextkey>单可谓是_blank class=infotextkey>get=_blank class=infotextkey>十分亮眼，而股_blank class=infotextkey>get=_blank class=infotextkey>东的_blank class=infotextkey>get=_blank class=infotextkey>背后更是_blank class=infotextkey>get=_blank class=infotextkey>大佬_blank class=infotextkey>云集。

　　招股书_blank class=infotextkey>get=_blank class=infotextkey>显示，阿里创投和云锋_blank class=infotextkey>get=_blank class=infotextkey>新呈分别持_blank class=infotextkey>get=_blank class=infotextkey>有_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>公司4.8%和4.9%的_blank class=infotextkey>get=_blank class=infotextkey>股份，阿里创投是光云_blank class=infotextkey>get=_blank class=infotextkey>科技_blank class=infotextkey>第_blank class=infotextkey>get=_blank class=infotextkey>六_blank class=infotextkey>get=_blank class=infotextkey>大股_blank class=infotextkey>get=_blank class=infotextkey>东，股_blank class=infotextkey>get=_blank class=infotextkey>东是马云和谢世煌，出资_blank class=infotextkey>比例分别为_blank class=infotextkey>get=_blank class=infotextkey>80%和_blank class=infotextkey>get=_blank class=infotextkey>20%。

　　而_blank class=infotextkey>get=_blank class=infotextkey>作为光云_blank class=infotextkey>get=_blank class=infotextkey>科技_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>第五_blank class=infotextkey>get=_blank class=infotextkey>大股_blank class=infotextkey>get=_blank class=infotextkey>东的云锋_blank class=infotextkey>get=_blank class=infotextkey>新呈，则由泛海_blank class=infotextkey>控股、巨_blank class=infotextkey>get=_blank class=infotextkey>人_blank class=infotextkey>get=_blank class=infotextkey>投资、苏宁_blank class=infotextkey>控股、华谊兄弟互娱(_blank class=infotextkey>get=_blank class=infotextkey>天津)_blank class=infotextkey>get=_blank class=infotextkey>投资_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>有_blank class=infotextkey>get=_blank class=infotextkey>限_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>公司等_blank class=infotextkey>知名_blank class=infotextkey>get=_blank class=infotextkey>企业持股，持_blank class=infotextkey>get=_blank class=infotextkey>有的出资_blank class=infotextkey>比例分别为_blank class=infotextkey>30%、5%、5%和5%。

　　天眼查_blank class=infotextkey>get=_blank class=infotextkey>显示，_blank class=infotextkey>get=_blank class=infotextkey>“泛海_blank class=infotextkey>get=_blank class=infotextkey>系_blank class=infotextkey>get=_blank class=infotextkey>”卢志强持_blank class=infotextkey>get=_blank class=infotextkey>有泛海_blank class=infotextkey>控股68.49%的出资_blank class=infotextkey>比例；史玉柱持_blank class=infotextkey>get=_blank class=infotextkey>有巨_blank class=infotextkey>get=_blank class=infotextkey>人_blank class=infotextkey>get=_blank class=infotextkey>投资97.86%的出资_blank class=infotextkey>比例，苏宁易购_blank class=infotextkey>董事长_blank class=infotextkey>近_blank class=infotextkey>get=_blank class=infotextkey>东持_blank class=infotextkey>get=_blank class=infotextkey>有苏宁_blank class=infotextkey>控股51%出资_blank class=infotextkey>比例，而华谊兄弟互娱(_blank class=infotextkey>get=_blank class=infotextkey>天津)_blank class=infotextkey>get=_blank class=infotextkey>投资_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>有_blank class=infotextkey>get=_blank class=infotextkey>限_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>公司则是华谊兄弟的_blank class=infotextkey>get=_blank class=infotextkey>全资_blank class=infotextkey>get=_blank class=infotextkey>子_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>公司。

_blank class=infotextkey>g>　　_blank class=infotextkey>get=_blank class=infotextkey>产品_blank class=infotextkey>get=_blank class=infotextkey>运营_blank class=infotextkey>get=_blank class=infotextkey>平台_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>单一_blank class=infotextkey>g>

　　_blank class=infotextkey>get=_blank class=infotextkey>有众_blank class=infotextkey>get=_blank class=infotextkey>多名股_blank class=infotextkey>get=_blank class=infotextkey>东加持的光云_blank class=infotextkey>get=_blank class=infotextkey>科技，正_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>面临着_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>公司净_blank class=infotextkey>get=_blank class=infotextkey>资产_blank class=infotextkey>收益率_blank class=infotextkey>get=_blank class=infotextkey>下滑_blank class=infotextkey>以及电_blank class=infotextkey>get=_blank class=infotextkey>商_blank class=infotextkey>get=_blank class=infotextkey>平台依赖等_blank class=infotextkey>get=_blank class=infotextkey>问题。

　　招股书_blank class=infotextkey>get=_blank class=infotextkey>显示，_blank class=infotextkey>get=_blank class=infotextkey>201_blank class=infotextkey>get=_blank class=infotextkey>6年_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>2018年和_blank class=infotextkey>get=_blank class=infotextkey>2019年16月，光云_blank class=infotextkey>get=_blank class=infotextkey>科技分别_blank class=infotextkey>get=_blank class=infotextkey>实现营_blank class=infotextkey>收_blank class=infotextkey>get=_blank class=infotextkey>26_blank class=infotextkey>get=_blank class=infotextkey>2_blank class=infotextkey>get=_blank class=infotextkey>24._blank class=infotextkey>get=_blank class=infotextkey>99 _blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>万元、_blank class=infotextkey>358_blank class=infotextkey>36.58_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>万元、46549._blank class=infotextkey>38_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>万元和_blank class=infotextkey>get=_blank class=infotextkey>2_blank class=infotextkey>get=_blank class=infotextkey>2_blank class=infotextkey>get=_blank class=infotextkey>2_blank class=infotextkey>get=_blank class=infotextkey>99.4_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>万元；净利润分别为_blank class=infotextkey>get=_blank class=infotextkey>2_blank class=infotextkey>11_blank class=infotextkey>get=_blank class=infotextkey>2.96_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>万元、9895._blank class=infotextkey>get=_blank class=infotextkey>28_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>万元、_blank class=infotextkey>get=_blank class=infotextkey>107_blank class=infotextkey>get=_blank class=infotextkey>10.91_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>万元和_blank class=infotextkey>35_blank class=infotextkey>34._blank class=infotextkey>35_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>万元。_blank class=infotextkey>get=_blank class=infotextkey>报告_blank class=infotextkey>get=_blank class=infotextkey>期内，_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>公司扣除非经_blank class=infotextkey>get=_blank class=infotextkey>常性损益后加权_blank class=infotextkey>get=_blank class=infotextkey>平均净_blank class=infotextkey>get=_blank class=infotextkey>资产_blank class=infotextkey>收益率呈逐年_blank class=infotextkey>get=_blank class=infotextkey>下_blank class=infotextkey>get=_blank class=infotextkey>降_blank class=infotextkey>get=_blank class=infotextkey>趋势，分别为7_blank class=infotextkey>get=_blank class=infotextkey>2._blank class=infotextkey>get=_blank class=infotextkey>20%、_blank class=infotextkey>get=_blank class=infotextkey>2_blank class=infotextkey>get=_blank class=infotextkey>1._blank class=infotextkey>38%、16.00%和4.78%。对此，水_blank class=infotextkey>get=_blank class=infotextkey>库_blank class=infotextkey>get=_blank class=infotextkey>新村统建 _blank class=infotextkey>get=_blank class=infotextkey>楼.fan_blank class=infotextkey>g558.com/esf/ tar_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>二手_blank class=infotextkey>get=_blank class=infotextkey>房，光云_blank class=infotextkey>get=_blank class=infotextkey>科技_blank class=infotextkey>get=_blank class=infotextkey>解释称，_blank class=infotextkey>get=_blank class=infotextkey>主要_blank class=infotextkey>get=_blank class=infotextkey>系_blank class=infotextkey>get=_blank class=infotextkey>报告_blank class=infotextkey>get=_blank class=infotextkey>期内_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>公司为_blank class=infotextkey>get=_blank class=infotextkey>实现主营_blank class=infotextkey>get=_blank class=infotextkey>业务的快速扩_blank class=infotextkey>以及_blank class=infotextkey>get=_blank class=infotextkey>业务提前_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>布局，先后发起数轮_blank class=infotextkey>get=_blank class=infotextkey>融资，净_blank class=infotextkey>get=_blank class=infotextkey>资产_blank class=infotextkey>get=_blank class=infotextkey>规模迅速扩_blank class=infotextkey>get=_blank class=infotextkey>大。_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>公司自_blank class=infotextkey>get=_blank class=infotextkey>融资_blank class=infotextkey>get=_blank class=infotextkey>中_blank class=infotextkey>获得的_blank class=infotextkey>get=_blank class=infotextkey>资_blank class=infotextkey>get=_blank class=infotextkey>金_blank class=infotextkey>get=_blank class=infotextkey>需要_blank class=infotextkey>get=_blank class=infotextkey>按照_blank class=infotextkey>计划逐步_blank class=infotextkey>get=_blank class=infotextkey>投入生产_blank class=infotextkey>get=_blank class=infotextkey>经营，在一_blank class=infotextkey>定_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>时间后方能产生预期效益，导致_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>公司业绩_blank class=infotextkey>get=_blank class=infotextkey>增长滞后于净_blank class=infotextkey>get=_blank class=infotextkey>资产_blank class=infotextkey>get=_blank class=infotextkey>规模_blank class=infotextkey>get=_blank class=infotextkey>增长所致。

　　此外，光云_blank class=infotextkey>get=_blank class=infotextkey>科技还_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>面临_blank class=infotextkey>get=_blank class=infotextkey>产品_blank class=infotextkey>get=_blank class=infotextkey>运营_blank class=infotextkey>get=_blank class=infotextkey>平台相对_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>单一的_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>风险。

　　光云_blank class=infotextkey>get=_blank class=infotextkey>科技所处电_blank class=infotextkey>get=_blank class=infotextkey>子_blank class=infotextkey>get=_blank class=infotextkey>商务支撑_blank class=infotextkey>get=_blank class=infotextkey>服务及衍生_blank class=infotextkey>get=_blank class=infotextkey>服务_blank class=infotextkey>get=_blank class=infotextkey>业主要在以淘宝、_blank class=infotextkey>get=_blank class=infotextkey>天猫及京_blank class=infotextkey>get=_blank class=infotextkey>东为_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>代表的电_blank class=infotextkey>get=_blank class=infotextkey>商_blank class=infotextkey>get=_blank class=infotextkey>平台_blank class=infotextkey>get=_blank class=infotextkey>开展，该等_blank class=infotextkey>get=_blank class=infotextkey>平台掌握了_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>大量的电_blank class=infotextkey>get=_blank class=infotextkey>子_blank class=infotextkey>get=_blank class=infotextkey>商务相关_blank class=infotextkey>get=_blank class=infotextkey>资源，在_blank class=infotextkey>get=_blank class=infotextkey>产业链_blank class=infotextkey>get=_blank class=infotextkey>中处于相对_blank class=infotextkey>get=_blank class=infotextkey>优势_blank class=infotextkey>get=_blank class=infotextkey>地位。_blank class=infotextkey>get=_blank class=infotextkey>上述电_blank class=infotextkey>get=_blank class=infotextkey>商_blank class=infotextkey>get=_blank class=infotextkey>平台针对_blank class=infotextkey>get=_blank class=infotextkey>入驻_blank class=infotextkey>get=_blank class=infotextkey>平台_blank class=infotextkey>get=_blank class=infotextkey>服务_blank class=infotextkey>get=_blank class=infotextkey>市场的_blank class=infotextkey>get=_blank class=infotextkey>服务_blank class=infotextkey>get=_blank class=infotextkey>提供_blank class=infotextkey>get=_blank class=infotextkey>商制_blank class=infotextkey>定了_blank class=infotextkey>收益分成、日_blank class=infotextkey>get=_blank class=infotextkey>常_blank class=infotextkey>get=_blank class=infotextkey>运行_blank class=infotextkey>收费等规则。若电_blank class=infotextkey>get=_blank class=infotextkey>商_blank class=infotextkey>get=_blank class=infotextkey>平台对_blank class=infotextkey>收益分成和_blank class=infotextkey>收费规则向_blank class=infotextkey>不利于_blank class=infotextkey>get=_blank class=infotextkey>服务_blank class=infotextkey>get=_blank class=infotextkey>提供_blank class=infotextkey>get=_blank class=infotextkey>商的方向_blank class=infotextkey>get=_blank class=infotextkey>调整，将_blank class=infotextkey>get=_blank class=infotextkey>对其_blank class=infotextkey>get=_blank class=infotextkey>经营业绩_blank class=infotextkey>get=_blank class=infotextkey>造成_blank class=infotextkey>不利_blank class=infotextkey>get=_blank class=infotextkey>影响。

　　_blank class=infotextkey>get=_blank class=infotextkey>目前，光云_blank class=infotextkey>get=_blank class=infotextkey>科技的SaaS_blank class=infotextkey>get=_blank class=infotextkey>产品_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>收入_blank class=infotextkey>get=_blank class=infotextkey>主要来源于包括淘宝、_blank class=infotextkey>get=_blank class=infotextkey>天猫在_blank class=infotextkey>get=_blank class=infotextkey>内的阿里巴巴_blank class=infotextkey>get=_blank class=infotextkey>集团旗_blank class=infotextkey>get=_blank class=infotextkey>下电_blank class=infotextkey>get=_blank class=infotextkey>商_blank class=infotextkey>get=_blank class=infotextkey>平台。_blank class=infotextkey>get=_blank class=infotextkey>201_blank class=infotextkey>get=_blank class=infotextkey>6年_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>2018年和_blank class=infotextkey>get=_blank class=infotextkey>2019年16月，_blank class=infotextkey>get=_blank class=infotextkey>上述_blank class=infotextkey>get=_blank class=infotextkey>平台的_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>收入占_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>公司SaaS_blank class=infotextkey>get=_blank class=infotextkey>产品_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>收入的_blank class=infotextkey>比例分别为_blank class=infotextkey>get=_blank class=infotextkey>99.79%、_blank class=infotextkey>get=_blank class=infotextkey>99.41%、90.90%及87._blank class=infotextkey>get=_blank class=infotextkey>80%。

　　_blank class=infotextkey>不仅_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>收入依赖阿里_blank class=infotextkey>get=_blank class=infotextkey>系，光云_blank class=infotextkey>get=_blank class=infotextkey>科技的_blank class=infotextkey>get=_blank class=infotextkey>采购_blank class=infotextkey>渠道也_blank class=infotextkey>get=_blank class=infotextkey>多依赖于阿里巴巴旗_blank class=infotextkey>get=_blank class=infotextkey>下_blank class=infotextkey>get=_blank class=infotextkey>企业。光云_blank class=infotextkey>get=_blank class=infotextkey>科技在招股书_blank class=infotextkey>get=_blank class=infotextkey>中也指出，基于SaaS_blank class=infotextkey>get=_blank class=infotextkey>行业的特性，_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>公司对于_blank class=infotextkey>get=_blank class=infotextkey>平台_blank class=infotextkey>get=_blank class=infotextkey>提供的_blank class=infotextkey>get=_blank class=infotextkey>开发_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>环境及_blank class=infotextkey>get=_blank class=infotextkey>基础设施_blank class=infotextkey>get=_blank class=infotextkey>存在一_blank class=infotextkey>_blank class=infotextkey>定的_blank class=infotextkey>get=_blank class=infotextkey>业务属性依赖。

　　光云_blank class=infotextkey>get=_blank class=infotextkey>科技向阿里_blank class=infotextkey>get=_blank class=infotextkey>集团旗_blank class=infotextkey>get=_blank class=infotextkey>下企_blank class=infotextkey>get=_blank class=infotextkey>业主要_blank class=infotextkey>get=_blank class=infotextkey>采购包括_blank class=infotextkey>get=_blank class=infotextkey>服务器、API、_blank class=infotextkey>技术_blank class=infotextkey>get=_blank class=infotextkey>服务及_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>信息通道_blank class=infotextkey>get=_blank class=infotextkey>资源在_blank class=infotextkey>get=_blank class=infotextkey>内的相应_blank class=infotextkey>get=_blank class=infotextkey>业务_blank class=infotextkey>get=_blank class=infotextkey>资源。_blank class=infotextkey>get=_blank class=infotextkey>报告_blank class=infotextkey>get=_blank class=infotextkey>期内的_blank class=infotextkey>合计_blank class=infotextkey>get=_blank class=infotextkey>采购_blank class=infotextkey>get=_blank class=infotextkey>金额分别为_blank class=infotextkey>get=_blank class=infotextkey>60_blank class=infotextkey>get=_blank class=infotextkey>2_blank class=infotextkey>3.8_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>万元、6_blank class=infotextkey>get=_blank class=infotextkey>809.48_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>万元、8896.6_blank class=infotextkey>3_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>万元和4551.4_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>万元，占营业_blank class=infotextkey>get=_blank class=infotextkey>成本的_blank class=infotextkey>比例分别为5_blank class=infotextkey>get=_blank class=infotextkey>2._blank class=infotextkey>34%、44.0_blank class=infotextkey>3%、47.91%、55.97%。

　_blank class=infotextkey>g>　核心_blank class=infotextkey>技术未_blank class=infotextkey>get=_blank class=infotextkey>申请专利_blank class=infotextkey>g>

　　研发_blank class=infotextkey>get=_blank class=infotextkey>方_blank class=infotextkey>面，光云_blank class=infotextkey>get=_blank class=infotextkey>科技_blank class=infotextkey>get=_blank class=infotextkey>表示，_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>深圳的绿本_blank class=infotextkey>get=_blank class=infotextkey>可以過戶嗎?，_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>公司自_blank class=infotextkey>get=_blank class=infotextkey>成立以来，始终围绕着电_blank class=infotextkey>get=_blank class=infotextkey>商_blank class=infotextkey>get=_blank class=infotextkey>商家的_blank class=infotextkey>get=_blank class=infotextkey>需求，_blank class=infotextkey>get=_blank class=infotextkey>通过_blank class=infotextkey>get=_blank class=infotextkey>改良开源_blank class=infotextkey>get=_blank class=infotextkey>软件和_blank class=infotextkey>get=_blank class=infotextkey>自主研发相结_blank class=infotextkey>合，形_blank class=infotextkey>get=_blank class=infotextkey>成了亿级订_blank class=infotextkey>单实_blank class=infotextkey>时_blank class=infotextkey>get=_blank class=infotextkey>处理架构_blank class=infotextkey>技术、电_blank class=infotextkey>get=_blank class=infotextkey>商_blank class=infotextkey>get=_blank class=infotextkey>领域分词_blank class=infotextkey>技术及淘宝直_blank class=infotextkey>get=_blank class=infotextkey>通车_blank class=infotextkey>get=_blank class=infotextkey>广告_blank class=infotextkey>竞价_blank class=infotextkey>get=_blank class=infotextkey>投放_blank class=infotextkey>技术等核心_blank class=infotextkey>技术。_blank class=infotextkey>不过，_blank class=infotextkey>get=_blank class=infotextkey>这些核心_blank class=infotextkey>技术对应专利_blank class=infotextkey>get=_blank class=infotextkey>情况_blank class=infotextkey>get=_blank class=infotextkey>均为非专利_blank class=infotextkey>技术。

　　招股书_blank class=infotextkey>get=_blank class=infotextkey>显示，光云_blank class=infotextkey>get=_blank class=infotextkey>科技核心_blank class=infotextkey>技术相关的发明专利只_blank class=infotextkey>get=_blank class=infotextkey>有_blank class=infotextkey>3项正在_blank class=infotextkey>get=_blank class=infotextkey>申请专利，_blank class=infotextkey>get=_blank class=infotextkey>其他核心_blank class=infotextkey>技术并未_blank class=infotextkey>get=_blank class=infotextkey>申请专利，而是_blank class=infotextkey>get=_blank class=infotextkey>主要_blank class=infotextkey>get=_blank class=infotextkey>通过_blank class=infotextkey>技术_blank class=infotextkey>get=_blank class=infotextkey>保密或者将SaaS_blank class=infotextkey>get=_blank class=infotextkey>产品_blank class=infotextkey>get=_blank class=infotextkey>通过_blank class=infotextkey>get=_blank class=infotextkey>申请_blank class=infotextkey>get=_blank class=infotextkey>软件著作权的形式予以 _blank class=infotextkey>get=_blank class=infotextkey>保护。核心_blank class=infotextkey>技术是光云_blank class=infotextkey>get=_blank class=infotextkey>科技_blank class=infotextkey>get=_blank class=infotextkey>持续_blank class=infotextkey>get=_blank class=infotextkey>经营的基础_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>保障，_blank class=infotextkey>get=_blank class=infotextkey>目前_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>公司_blank class=infotextkey>get=_blank class=infotextkey>主要电_blank class=infotextkey>get=_blank class=infotextkey>商SaaS_blank class=infotextkey>get=_blank class=infotextkey>产品_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>超级店长、_blank class=infotextkey>get=_blank class=infotextkey>快递助手、旺店_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>系列_blank class=infotextkey>get=_blank class=infotextkey>产品及快麦_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>系列_blank class=infotextkey>get=_blank class=infotextkey>产品均依赖于核心_blank class=infotextkey>技术_blank class=infotextkey>get=_blank class=infotextkey>开展，_blank class=infotextkey>get=_blank class=infotextkey>报告_blank class=infotextkey>get=_blank class=infotextkey>期内核心_blank class=infotextkey>技术_blank class=infotextkey>get=_blank class=infotextkey>产品的_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>收入_blank class=infotextkey>get=_blank class=infotextkey>占比分别为55.47%、48.95%、61.81%及68.41%。

　　光云_blank class=infotextkey>get=_blank class=infotextkey>科技坦承，_blank class=infotextkey>如果_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>公司核心_blank class=infotextkey>技术的_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>信息_blank class=infotextkey>get=_blank class=infotextkey>保护措施或者_blank class=infotextkey>get=_blank class=infotextkey>知识_blank class=infotextkey>get=_blank class=infotextkey>产权_blank class=infotextkey>get=_blank class=infotextkey>保护_blank class=infotextkey>get=_blank class=infotextkey>工作失效，或_blank class=infotextkey>get=_blank class=infotextkey>由于_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>公司核心_blank class=infotextkey>技术_blank class=infotextkey>get=_blank class=infotextkey>人员_blank class=infotextkey>get=_blank class=infotextkey>流失、研发_blank class=infotextkey>团队变动及_blank class=infotextkey>竞争对手抄袭等因素导致_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>公司核心_blank class=infotextkey>技术_blank class=infotextkey>泄露，则_blank class=infotextkey>get=_blank class=infotextkey>会对_blank class=infotextkey>get=_blank class=infotextkey>持续盈利能力_blank class=infotextkey>get=_blank class=infotextkey>造成_blank class=infotextkey>不利_blank class=infotextkey>get=_blank class=infotextkey>影响。

_blank class=infotextkey>g>　　过半募资用来_blank class=infotextkey>get=_blank class=infotextkey>买_blank class=infotextkey>get=_blank class=infotextkey>房_blank class=infotextkey>g>

　　此次科创板_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>上市，光云_blank class=infotextkey>get=_blank class=infotextkey>科技拟募资_blank class=infotextkey>34895_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>万元，在扣除_blank class=infotextkey>get=_blank class=infotextkey>发行_blank class=infotextkey>get=_blank class=infotextkey>费用后，将_blank class=infotextkey>get=_blank class=infotextkey>投资_blank class=infotextkey>get=_blank class=infotextkey>26_blank class=infotextkey>349_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>万元用于_blank class=infotextkey>get=_blank class=infotextkey>“光云_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>系列_blank class=infotextkey>get=_blank class=infotextkey>产品优化_blank class=infotextkey>get=_blank class=infotextkey>升级_blank class=infotextkey>get=_blank class=infotextkey>”_blank class=infotextkey>get=_blank class=infotextkey>项目、_blank class=infotextkey>get=_blank class=infotextkey>投资8546_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>万元用于_blank class=infotextkey>get=_blank class=infotextkey>“研发_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>中心_blank class=infotextkey>get=_blank class=infotextkey>建设_blank class=infotextkey>get=_blank class=infotextkey>”_blank class=infotextkey>get=_blank class=infotextkey>项目。

　　_blank class=infotextkey>get=_blank class=infotextkey>值得_blank class=infotextkey>get=_blank class=infotextkey>注意的是，从_blank class=infotextkey>get=_blank class=infotextkey>数据来看，光云_blank class=infotextkey>get=_blank class=infotextkey>科技根本_blank class=infotextkey>不差钱。甚至，其持_blank class=infotextkey>get=_blank class=infotextkey>有的_blank class=infotextkey>get=_blank class=infotextkey>理财_blank class=infotextkey>get=_blank class=infotextkey>产品_blank class=infotextkey>get=_blank class=infotextkey>规模，都_blank class=infotextkey>get=_blank class=infotextkey>超过了此次_blank class=infotextkey>get=_blank class=infotextkey>需要募集的_blank class=infotextkey>get=_blank class=infotextkey>资_blank class=infotextkey>get=_blank class=infotextkey>金。

　　更为蹊跷的是，光云_blank class=infotextkey>get=_blank class=infotextkey>科技此次募投的两个_blank class=infotextkey>get=_blank class=infotextkey>项目_blank class=infotextkey>get=_blank class=infotextkey>中用来_blank class=infotextkey>get=_blank class=infotextkey>买_blank class=infotextkey>get=_blank class=infotextkey>房的_blank class=infotextkey>get=_blank class=infotextkey>金额占募资总额的_blank class=infotextkey>比例_blank class=infotextkey>get=_blank class=infotextkey>超一半。

　　据披露，光云_blank class=infotextkey>get=_blank class=infotextkey>科技此次募投的两个_blank class=infotextkey>get=_blank class=infotextkey>项目均_blank class=infotextkey>get=_blank class=infotextkey>涉及到购置_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>房产用于_blank class=infotextkey>get=_blank class=infotextkey>项目_blank class=infotextkey>get=_blank class=infotextkey>建设，其_blank class=infotextkey>get=_blank class=infotextkey>中光云_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>系列_blank class=infotextkey>get=_blank class=infotextkey>产品优化_blank class=infotextkey>get=_blank class=infotextkey>升级需_blank class=infotextkey>get=_blank class=infotextkey>购_blank class=infotextkey>get=_blank class=infotextkey>房款_blank class=infotextkey>get=_blank class=infotextkey>1_blank class=infotextkey>38_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>60_blank class=infotextkey>get=_blank class=infotextkey>万元，研发_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>中心_blank class=infotextkey>get=_blank class=infotextkey>建设需_blank class=infotextkey>get=_blank class=infotextkey>购_blank class=infotextkey>get=_blank class=infotextkey>房款4_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>200_blank class=infotextkey>get=_blank class=infotextkey>万。光云_blank class=infotextkey>get=_blank class=infotextkey>科技总计需_blank class=infotextkey>get=_blank class=infotextkey>投入募集_blank class=infotextkey>get=_blank class=infotextkey>资_blank class=infotextkey>get=_blank class=infotextkey>金_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>中的1_blank class=infotextkey>get=_blank class=infotextkey>80_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>60_blank class=infotextkey>get=_blank class=infotextkey>万元向_blank class=infotextkey>get=_blank class=infotextkey>东冠_blank class=infotextkey>get=_blank class=infotextkey>集团购置_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>房产，占_blank class=infotextkey>get=_blank class=infotextkey>到了此次_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>上市募资总额的51.76%。

　　招股书_blank class=infotextkey>get=_blank class=infotextkey>显示，_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>公司已与_blank class=infotextkey>get=_blank class=infotextkey>东冠_blank class=infotextkey>get=_blank class=infotextkey>集团_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>有_blank class=infotextkey>get=_blank class=infotextkey>限_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>公司签订《_blank class=infotextkey>get=_blank class=infotextkey>购_blank class=infotextkey>get=_blank class=infotextkey>房意向书》，购置其拥_blank class=infotextkey>get=_blank class=infotextkey>有的_blank class=infotextkey>位于_blank class=infotextkey>get=_blank class=infotextkey>杭州市_blank class=infotextkey>get=_blank class=infotextkey>滨江区_blank class=infotextkey>get=_blank class=infotextkey>江_blank class=infotextkey>get=_blank class=infotextkey>南_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>大道588号_blank class=infotextkey>恒鑫_blank class=infotextkey>get=_blank class=infotextkey>大厦主_blank class=infotextkey>get=_blank class=infotextkey>楼_blank class=infotextkey>get=_blank class=infotextkey>内的_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>房产，用于_blank class=infotextkey>get=_blank class=infotextkey>解决_blank class=infotextkey>get=_blank class=infotextkey>办_blank class=infotextkey>get=_blank class=infotextkey>公_blank class=infotextkey>get=_blank class=infotextkey>场所_blank class=infotextkey>get=_blank class=infotextkey>问题。_blank class=infotextkey>get=_blank class=infotextkey>购_blank class=infotextkey>get=_blank class=infotextkey>房总_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>面积8_blank class=infotextkey>get=_blank class=infotextkey>600㎡，_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>房屋_blank class=infotextkey>get=_blank class=infotextkey>均价_blank class=infotextkey>get=_blank class=infotextkey>2.1_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>万元/_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>平方米，其_blank class=infotextkey>get=_blank class=infotextkey>中光云_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>系列_blank class=infotextkey>get=_blank class=infotextkey>产品优化_blank class=infotextkey>get=_blank class=infotextkey>升级_blank class=infotextkey>get=_blank class=infotextkey>项目_blank class=infotextkey>get=_blank class=infotextkey>涉及_blank class=infotextkey>get=_blank class=infotextkey>购_blank class=infotextkey>get=_blank class=infotextkey>房6_blank class=infotextkey>get=_blank class=infotextkey>600㎡，研发_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>中心_blank class=infotextkey>get=_blank class=infotextkey>建设_blank class=infotextkey>get=_blank class=infotextkey>项目_blank class=infotextkey>get=_blank class=infotextkey>涉及_blank class=infotextkey>get=_blank class=infotextkey>购_blank class=infotextkey>get=_blank class=infotextkey>房_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>2000㎡。

　　_blank class=infotextkey>get=_blank class=infotextkey>上交所也_blank class=infotextkey>get=_blank class=infotextkey>注意_blank class=infotextkey>get=_blank class=infotextkey>到了_blank class=infotextkey>get=_blank class=infotextkey>这个_blank class=infotextkey>get=_blank class=infotextkey>问题，并在首轮问询_blank class=infotextkey>get=_blank class=infotextkey>中，_blank class=infotextkey>get=_blank class=infotextkey>要求光云_blank class=infotextkey>get=_blank class=infotextkey>科技说明本次募集_blank class=infotextkey>get=_blank class=infotextkey>资_blank class=infotextkey>get=_blank class=infotextkey>金是否_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>重点投向_blank class=infotextkey>get=_blank class=infotextkey>科技_blank class=infotextkey>get=_blank class=infotextkey>创_blank class=infotextkey>get=_blank class=infotextkey>新_blank class=infotextkey>get=_blank class=infotextkey>领域；结_blank class=infotextkey>合_blank class=infotextkey>get=_blank class=infotextkey>报告_blank class=infotextkey>get=_blank class=infotextkey>期内_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>大量_blank class=infotextkey>get=_blank class=infotextkey>资_blank class=infotextkey>get=_blank class=infotextkey>金用于_blank class=infotextkey>get=_blank class=infotextkey>理财的_blank class=infotextkey>get=_blank class=infotextkey>情况，说明_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>公司是否_blank class=infotextkey>get=_blank class=infotextkey>具备_blank class=infotextkey>get=_blank class=infotextkey>有效_blank class=infotextkey>get=_blank class=infotextkey>使用_blank class=infotextkey>get=_blank class=infotextkey>资_blank class=infotextkey>get=_blank class=infotextkey>金的能力。

　　对此，光云_blank class=infotextkey>get=_blank class=infotextkey>科技_blank class=infotextkey>get=_blank class=infotextkey>回复_blank class=infotextkey>get=_blank class=infotextkey>表示，_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>公司光云_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>系列_blank class=infotextkey>get=_blank class=infotextkey>产品优化_blank class=infotextkey>get=_blank class=infotextkey>升级_blank class=infotextkey>get=_blank class=infotextkey>项目_blank class=infotextkey>get=_blank class=infotextkey>主要是_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>公司现_blank class=infotextkey>get=_blank class=infotextkey>有SaaS_blank class=infotextkey>get=_blank class=infotextkey>产品的迭_blank class=infotextkey>get=_blank class=infotextkey>代_blank class=infotextkey>get=_blank class=infotextkey>升级，研发_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>中心_blank class=infotextkey>get=_blank class=infotextkey>建设_blank class=infotextkey>get=_blank class=infotextkey>项目则是_blank class=infotextkey>get=_blank class=infotextkey>提升_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>公司电_blank class=infotextkey>get=_blank class=infotextkey>商SaaS研发能力，二者均能_blank class=infotextkey>get=_blank class=infotextkey>有效_blank class=infotextkey>get=_blank class=infotextkey>提升_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>公司SaaS_blank class=infotextkey>get=_blank class=infotextkey>产品的应用_blank class=infotextkey>get=_blank class=infotextkey>性能。电_blank class=infotextkey>get=_blank class=infotextkey>子_blank class=infotextkey>get=_blank class=infotextkey>商务是_blank class=infotextkey>get=_blank class=infotextkey>数字_blank class=infotextkey>get=_blank class=infotextkey>经_blank class=infotextkey>济的_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>重要_blank class=infotextkey>组成_blank class=infotextkey>部分，是_blank class=infotextkey>get=_blank class=infotextkey>数字_blank class=infotextkey>get=_blank class=infotextkey>经_blank class=infotextkey>济_blank class=infotextkey>最_blank class=infotextkey>get=_blank class=infotextkey>活跃、_blank class=infotextkey>最集_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>中的表_blank class=infotextkey>现形式之一，_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>公司SaaS_blank class=infotextkey>get=_blank class=infotextkey>产品是电_blank class=infotextkey>get=_blank class=infotextkey>子_blank class=infotextkey>get=_blank class=infotextkey>商务_blank class=infotextkey>get=_blank class=infotextkey>行业的_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>重要_blank class=infotextkey>组成_blank class=infotextkey>部分，对于_blank class=infotextkey>get=_blank class=infotextkey>降低电_blank class=infotextkey>get=_blank class=infotextkey>子_blank class=infotextkey>get=_blank class=infotextkey>商务的_blank class=infotextkey>get=_blank class=infotextkey>交易_blank class=infotextkey>get=_blank class=infotextkey>成本，_blank class=infotextkey>get=_blank class=infotextkey>提升电_blank class=infotextkey>get=_blank class=infotextkey>商效率具_blank class=infotextkey>get=_blank class=infotextkey>有_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>重要作用，是_blank class=infotextkey>get=_blank class=infotextkey>新一_blank class=infotextkey>get=_blank class=infotextkey>代_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>信息_blank class=infotextkey>技术应用_blank class=infotextkey>get=_blank class=infotextkey>产品的典型_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>代表，_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>公司本次募投_blank class=infotextkey>get=_blank class=infotextkey>项目_blank class=infotextkey>get=_blank class=infotextkey>主要投向_blank class=infotextkey>get=_blank class=infotextkey>科技_blank class=infotextkey>get=_blank class=infotextkey>创_blank class=infotextkey>get=_blank class=infotextkey>新_blank class=infotextkey>get=_blank class=infotextkey>领域。_blank class=infotextkey>get=_blank class=infotextkey>理财_blank class=infotextkey>get=_blank class=infotextkey>产品的_blank class=infotextkey>get=_blank class=infotextkey>购买是_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>公司_blank class=infotextkey>get=_blank class=infotextkey>有效_blank class=infotextkey>get=_blank class=infotextkey>使用闲置_blank class=infotextkey>get=_blank class=infotextkey>资_blank class=infotextkey>get=_blank class=infotextkey>金的_blank class=infotextkey>get=_blank class=infotextkey>有效_blank class=infotextkey>get=_blank class=infotextkey>管理_blank class=infotextkey>get=_blank class=infotextkey>方式，_blank class=infotextkey>get=_blank class=infotextkey>安_blank class=infotextkey>get=_blank class=infotextkey>全灵活的_blank class=infotextkey>get=_blank class=infotextkey>短期_blank class=infotextkey>get=_blank class=infotextkey>理财_blank class=infotextkey>get=_blank class=infotextkey>产品_blank class=infotextkey>get=_blank class=infotextkey>有效_blank class=infotextkey>get=_blank class=infotextkey>提升了_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>公司的_blank class=infotextkey>get=_blank class=infotextkey>资_blank class=infotextkey>get=_blank class=infotextkey>金_blank class=infotextkey>get=_blank class=infotextkey>使用效率。

　_blank class=infotextkey>g>　曾违规借款给_blank class=infotextkey>get=_blank class=infotextkey>高管_blank class=infotextkey>get=_blank class=infotextkey>买_blank class=infotextkey>get=_blank class=infotextkey>房_blank class=infotextkey>g>

　　_blank class=infotextkey>get=_blank class=infotextkey>除了_blank class=infotextkey>get=_blank class=infotextkey>上述_blank class=infotextkey>get=_blank class=infotextkey>问题外，光云_blank class=infotextkey>get=_blank class=infotextkey>科技还_blank class=infotextkey>get=_blank class=infotextkey>存在内控_blank class=infotextkey>get=_blank class=infotextkey>问题。招股书_blank class=infotextkey>get=_blank class=infotextkey>显示，_blank class=infotextkey>get=_blank class=infotextkey>报告_blank class=infotextkey>get=_blank class=infotextkey>期内，光云_blank class=infotextkey>get=_blank class=infotextkey>科技曾_blank class=infotextkey>get=_blank class=infotextkey>两次为_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>公司_blank class=infotextkey>get=_blank class=infotextkey>高管_blank class=infotextkey>get=_blank class=infotextkey>提供免息借款用于其_blank class=infotextkey>get=_blank class=infotextkey>家庭_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>住_blank class=infotextkey>get=_blank class=infotextkey>房_blank class=infotextkey>安置，经_blank class=infotextkey>get=_blank class=infotextkey>保荐机构和_blank class=infotextkey>get=_blank class=infotextkey>律师_blank class=infotextkey>get=_blank class=infotextkey>核查，该借款_blank class=infotextkey>get=_blank class=infotextkey>行为违反了《_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>公司法》的相关_blank class=infotextkey>get=_blank class=infotextkey>规_blank class=infotextkey>定。

　　据披露，_blank class=infotextkey>get=_blank class=infotextkey>201_blank class=infotextkey>get=_blank class=infotextkey>6年_blank class=infotextkey>3月_blank class=infotextkey>get=_blank class=infotextkey>25日，光云_blank class=infotextkey>get=_blank class=infotextkey>科技_blank class=infotextkey>get=_blank class=infotextkey>召开创立_blank class=infotextkey>get=_blank class=infotextkey>大_blank class=infotextkey>get=_blank class=infotextkey>会审议_blank class=infotextkey>get=_blank class=infotextkey>通过《_blank class=infotextkey>get=_blank class=infotextkey>员工借款_blank class=infotextkey>get=_blank class=infotextkey>管理_blank class=infotextkey>制度》，对于符_blank class=infotextkey>合_blank class=infotextkey>get=_blank class=infotextkey>条件的_blank class=infotextkey>get=_blank class=infotextkey>员工因_blank class=infotextkey>get=_blank class=infotextkey>家庭_blank class=infotextkey>get=_blank class=infotextkey>出现_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>重_blank class=infotextkey>get=_blank class=infotextkey>大_blank class=infotextkey>get=_blank class=infotextkey>资_blank class=infotextkey>get=_blank class=infotextkey>金紧(如_blank class=infotextkey>get=_blank class=infotextkey>结婚、_blank class=infotextkey>get=_blank class=infotextkey>买_blank class=infotextkey>get=_blank class=infotextkey>房、生育、_blank class=infotextkey>get=_blank class=infotextkey>重病等)允许其向_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>公司_blank class=infotextkey>get=_blank class=infotextkey>临_blank class=infotextkey>时免息借款。

　　_blank class=infotextkey>get=_blank class=infotextkey>2016_blank class=infotextkey>get=_blank class=infotextkey>年度，_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>公司为_blank class=infotextkey>时任副总_blank class=infotextkey>get=_blank class=infotextkey>经理的严_blank class=infotextkey>get=_blank class=infotextkey>超_blank class=infotextkey>get=_blank class=infotextkey>提供免息借款50_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>万元用于其_blank class=infotextkey>get=_blank class=infotextkey>家庭_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>住_blank class=infotextkey>get=_blank class=infotextkey>房_blank class=infotextkey>安置。鉴于严_blank class=infotextkey>get=_blank class=infotextkey>超在负责快麦_blank class=infotextkey>get=_blank class=infotextkey>大_blank class=infotextkey>get=_blank class=infotextkey>商家_blank class=infotextkey>get=_blank class=infotextkey>业务任职期间，对_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>公司_blank class=infotextkey>get=_blank class=infotextkey>经营_blank class=infotextkey>get=_blank class=infotextkey>发展做出了较_blank class=infotextkey>get=_blank class=infotextkey>大贡献，_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>2017年8月经_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>公司总_blank class=infotextkey>get=_blank class=infotextkey>经理_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>会议讨论_blank class=infotextkey>get=_blank class=infotextkey>同意，_blank class=infotextkey>get=_blank class=infotextkey>决_blank class=infotextkey>定_blank class=infotextkey>get=_blank class=infotextkey>对其奖励_blank class=infotextkey>30.00_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>万元，_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>公司与严_blank class=infotextkey>get=_blank class=infotextkey>超签订《_blank class=infotextkey>债务减让_blank class=infotextkey>get=_blank class=infotextkey>协议》，约_blank class=infotextkey>定以 _blank class=infotextkey>get=_blank class=infotextkey>上述奖励抵减_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>公司借款_blank class=infotextkey>30.00_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>万元，减让_blank class=infotextkey>get=_blank class=infotextkey>后的借款_blank class=infotextkey>get=_blank class=infotextkey>期_blank class=infotextkey>get=_blank class=infotextkey>限及借款利息与_blank class=infotextkey>原_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>合同_blank class=infotextkey>get=_blank class=infotextkey>保持一致，借款余额为_blank class=infotextkey>get=_blank class=infotextkey>20.00_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>万元。严_blank class=infotextkey>get=_blank class=infotextkey>超于_blank class=infotextkey>get=_blank class=infotextkey>2018_blank class=infotextkey>get=_blank class=infotextkey>年度_blank class=infotextkey>get=_blank class=infotextkey>全额归还_blank class=infotextkey>get=_blank class=infotextkey>剩余借款。

　　在_blank class=infotextkey>get=_blank class=infotextkey>上述_blank class=infotextkey>get=_blank class=infotextkey>行为经_blank class=infotextkey>get=_blank class=infotextkey>保荐机构和_blank class=infotextkey>get=_blank class=infotextkey>律师_blank class=infotextkey>get=_blank class=infotextkey>核查认为违反了《_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>公司法》的相关_blank class=infotextkey>get=_blank class=infotextkey>规_blank class=infotextkey>定后，光云_blank class=infotextkey>get=_blank class=infotextkey>科技于_blank class=infotextkey>get=_blank class=infotextkey>2018_blank class=infotextkey>get=_blank class=infotextkey>年度_blank class=infotextkey>get=_blank class=infotextkey>股_blank class=infotextkey>get=_blank class=infotextkey>东_blank class=infotextkey>get=_blank class=infotextkey>大_blank class=infotextkey>get=_blank class=infotextkey>会审议_blank class=infotextkey>get=_blank class=infotextkey>通过了《_blank class=infotextkey>get=_blank class=infotextkey>关于_blank class=infotextkey>get=_blank class=infotextkey>修订<_blank class=infotextkey>get=_blank class=infotextkey>杭州光云_blank class=infotextkey>get=_blank class=infotextkey>科技_blank class=infotextkey>get=_blank class=infotextkey>股份_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>有_blank class=infotextkey>get=_blank class=infotextkey>限_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>公司_blank class=infotextkey>get=_blank class=infotextkey>员工借款_blank class=infotextkey>get=_blank class=infotextkey>管理_blank class=infotextkey>制度&_blank class=infotextkey>gt;的议案》，在该_blank class=infotextkey>制度_blank class=infotextkey>get=_blank class=infotextkey>中_blank class=infotextkey>get=_blank class=infotextkey>明确_blank class=infotextkey>get=_blank class=infotextkey>规_blank class=infotextkey>定_blank class=infotextkey>get=_blank class=infotextkey>“_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>公司_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>不得直接或者_blank class=infotextkey>get=_blank class=infotextkey>通过_blank class=infotextkey>get=_blank class=infotextkey>子_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>公司向董事、监事、_blank class=infotextkey>get=_blank class=infotextkey>高级_blank class=infotextkey>get=_blank class=infotextkey>管理_blank class=infotextkey>get=_blank class=infotextkey>人员_blank class=infotextkey>get=_blank class=infotextkey>提供借款，_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>公司向_blank class=infotextkey>get=_blank class=infotextkey>其他_blank class=infotextkey>get=_blank class=infotextkey>员工_blank class=infotextkey>get=_blank class=infotextkey>提供借款_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>不得违反《_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>公司法》等_blank class=infotextkey>get=_blank class=infotextkey>法律、_blank class=infotextkey>get=_blank class=infotextkey>法规、_blank class=infotextkey>get=_blank class=infotextkey>规范性文件和《_blank class=infotextkey>get=_blank class=infotextkey>_blank class=infotextkey>get=_blank class=infotextkey>公司章程》的_blank class=infotextkey>get=_blank class=infotextkey>规_blank class=infotextkey>定_blank class=infotextkey>get=_blank class=infotextkey>”，即已对_blank class=infotextkey>原《_blank class=infotextkey>get=_blank class=infotextkey>员工借款_blank class=infotextkey>get=_blank class=infotextkey>管理_blank class=infotextkey>制度》予以了完善_blank class=infotextkey>get=_blank class=infotextkey>修正。