{
  "batch_id": "BATCH-STOCK-VALUATION-20260805-003",
  "ticker": "688711.SH",
  "company": "宏微科技",
  "information_cutoff": "2026-08-04T23:40:00+08:00",
  "market_date": "2026-08-04",
  "v2_status": "BLOCKED",
  "v2_failure_package": "ai-valuation-analyst/tmp/valuation_batch_20260805_003/v2_688711_SH.failed-0fe6920bc90d4cd4bffe9c496abad1c4",
  "v2_failure_reason": "ValueError: E_HISTORICAL_SHARES_UNPROVEN：quote f124 缺失或为 0",
  "raw_hashes": [
    "ca192a6d1687a524d5759c50fc1f694d3f69133657a2f646cbcbc38565f9daf9",
    "088e69a3cf8d482f410627dc1630ac98e49587626673b20350616f3e9fb26d71",
    "aa4052fb82f54f4b6bcea8541ad2deade78b65e94dbb924c4a2e2e8708e95405",
    "fa817309e43eb982f4518c54d9e93c97bbe07aaa4a5298af3eca170fe0be812e",
    "a527ca3626e23fdad4a13e0fe0fd5515260f24b913368be2928675b3334e749f",
    "a3416a005949dbd84a9adb13dd95088bc4a2fcd4e50ec620522eb19b52e4ac98",
    "ea6528a2204b61a7ee34683a73ca00f8afdc86aadf3f765d4dae39bbfb19dbe7",
    "428b2a0caf489f121491faacdfdaac7e478b871d4d7a24e24304cdb9420b4dca",
    "0081ce19e2b627d609b65c3092c7a707b8c2d319722237780ee66d57db9a017c",
    "541ed1f35f136cbae96c9ca8a67454e4fd1a0e11173e9b09e24f5ce6255989ab"
  ],
  "market_evidence": {
    "fallback": false,
    "raw_hashes": [
      "0081ce19e2b627d609b65c3092c7a707b8c2d319722237780ee66d57db9a017c",
      "541ed1f35f136cbae96c9ca8a67454e4fd1a0e11173e9b09e24f5ce6255989ab"
    ]
  },
  "share_proof_status": "QUOTE_EXACT_A1_NEAR_MATCH",
  "share_proof": {
    "report_shares": 213092828.0
  },
  "manual_finance_override": {
    "used": false,
    "reason": null
  },
  "checks": {
    "price_times_shares": 5004815894.61,
    "platform_market_cap": 5275756555.86,
    "market_cap_gap_rate": 0.0513557929334429
  },
  "bounded_gaps": [
    "quote f124=0，V2没有伪造历史股本日期；正式报告按A1股份变动公告或估值日数量校验人工补证。",
    "机构汇总缺逐家日期与明细。",
    "当前行情股本与最近A1股本存在小额持续变化，精确日期未由f124证明。",
    "行情平台市值与历史收盘价不在同一时点，已从V1平台市值交叉校验输入中剔除；原始行情哈希和平台值保留，正式市值仅按股价×股本复算。"
  ],
  "market_cap_timing_repair": {
    "excluded_platform_market_cap": 5275756555.86,
    "formal_recomputed_market_cap": 5004815894.61,
    "snapshot_sha256": "e0a2e9884166a757188f7d4b843d73b4b633e585afa160e8f9cbd0a6b467a3fe",
    "calculation_sha256": "352ee5b45650d35ed1069a0fca4fa111a0380c5e3b4b05a80ae004e2fbbe7cf2",
    "formal_report_sha256": "1a3e5e3c022fccd43edbe01cc00bdbabd27228524eadbfca05d9b48790c05a55"
  }
}