Core Viewpoint - The internet finance index has significantly outperformed the CSI 300 index in 2025, with a total increase of 22.63% compared to 2.03% for the CSI 300, but it still lags behind the North Exchange 50 index, which saw a 36.9% increase [1]. Group 1: Performance Comparison - The North Exchange has seven companies tagged with internet finance concepts, but only a few have outperformed the North Exchange 50 index, indicating that not all internet finance stocks yield excess returns [1]. - Companies like Guoyuan Technology, Tonghui Information, Zhisheng Information, and Liandi Information have shown better performance than the North Exchange 50 index, while Huaxin Yongdao, Airong Software, and Hanxin Technology have underperformed [1]. - The market capitalization of companies plays a significant role in their performance, with larger market cap companies generally underperforming [1]. Group 2: Market Trends - The North Exchange 50 index has experienced four distinct upward phases since the beginning of the year, but internet finance companies did not consistently outperform the index during these phases [2][4]. - In the second and third phases, the average increase of internet finance companies was lower than that of the index, suggesting that a blanket investment strategy in internet finance stocks may not be effective [4]. Group 3: Stock Selection Strategy - A successful investment strategy involves careful selection of internet finance stocks rather than indiscriminate buying, as not all stocks in this category will yield superior returns [4]. - For instance, Guoyuan Technology, which recently surged, was added to the internet finance label on June 26, 2025, and has shown potential due to its small market cap and lack of previous strong concept binding [5][6]. - The recommended criteria for selecting stocks include: (1) new concepts, (2) small market capitalization, and (3) high recognition of the internet finance label by investors [6].

Group 1 - The stock of Tonghui Information (430090) increased by 9.50% with a turnover rate of 38.10%, and a total transaction amount of 572 million yuan, showing a volatility of 15.57% [1] - Institutional investors net bought 1.495 million yuan, while the total net buying from brokerage seats was 340,700 yuan [1][2] - The stock has appeared on the Dragon and Tiger list 12 times in the past six months, with an average decline of 1.53% the day after being listed and an average increase of 1.30% over the following five days [3] Group 2 - The top five brokerage seats accounted for a total transaction amount of 80.869 million yuan, with a net buying of 1.8358 million yuan [2] - The specific brokerage seats included one institutional seat that net bought 1.495 million yuan, with a buying amount of 6.1911 million yuan and a selling amount of 4.6961 million yuan [2][3]

Group 1 - The A-share software development sector experienced a significant upward movement in early trading, with Tonghui Information rising over 13%, Puling Software increasing by over 10%, and Jida Zhengyuan hitting the daily limit [1] - Other companies such as Guoyuan Technology saw a rise of over 9%, while New Zhisoft, Chuangyi Information, and Geer Software also experienced gains [1] - The State-owned Assets Supervision and Administration Commission (SASAC) recently held a training program focused on enhancing cross-domain innovation capabilities and ecosystem building in the basic and industrial software sectors [1]

Core Viewpoint - Tonghui Information (430090) experienced a significant decline of 8.00% in its stock price, with a trading volume turnover rate of 24.64% and a total transaction amount of 354 million yuan on the day of reporting [2] Trading Data Summary - The stock was listed on the龙虎榜 due to its turnover rate reaching 24.64%, with institutional investors net selling 1.1823 million yuan [2] - The top five trading departments accounted for a total transaction amount of 61.1093 million yuan, with a buying amount of 22.0362 million yuan and a selling amount of 39.0731 million yuan, resulting in a net selling of 17.037 million yuan [2] - Among the trading departments, one institutional special seat was present, with a buying amount of 4.483 million yuan and a selling amount of 5.6653 million yuan, leading to a net selling of 1.1823 million yuan [2] Historical Performance - Over the past six months, the stock has appeared on the龙虎榜 11 times, with an average price drop of 1.56% the day after being listed and an average drop of 1.62% over the following five days [2]

证券代码：430090 证券简称：同辉信息 公告编号：2025-054 同辉佳视（北京）信息技术股份有限公司 第五届董事会第二十一次会议决议公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连 带法律责任。 一、会议召开和出席情况 （一）会议召开情况 1.会议召开时间：2025 年 7 月 8 日 2.会议召开地点：公司一楼会议室 3.会议召开方式：现场+通讯 4.发出董事会会议通知的时间和方式：2025 年 7 月 7 日以通讯方式发出 5.会议主持人：公司董事长 6.会议列席人员：董事会秘书、公司监事 7.召开情况合法、合规、合章程性说明： 会议的召集、召开和议案审议程序符合《公司法》和《公司章程》的相关规 定。 （二）会议出席情况 会议应出席董事 6 人，出席和授权出席董事 6 人。 董事张之阳因工作原因以通讯方式参与表决。 董事唐红新因工作原因以通讯方式参与表决。 董事李芹因工作原因以通讯方式参与表决。 二、议案审议情况 （一）审议通过《关于聘任公司证券事务代表的议案》 1.议案内容： 公司董事会拟聘任王薇女 ...

证券代码：430090 证券简称：同辉信息 公告编号：2025-053 同辉佳视（北京）信息技术股份有限公司 证券事务代表任命公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、误导 性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带法律责任。 同辉佳视（北京）信息技术股份有限公司（以下简称"公司"）于 2025 年 7 月 8 日召开第五届董事会第二十一次会议，审议通过了《关于聘任公司证券事务代表的议 案》。 聘任王薇女士为公司证券事务代表，任职期限至第五届董事会任期届满之日止，自 2025 年 7 月 8 日起生效。该人员持有公司股份 0 股，占公司股本的 0%，不是失信联合 惩戒对象。 （上述人员简历详见附件） 二、合规性说明及影响 （一）人员变动的合规性说明 王薇女士具备履行职责所必需的工作经验及相关素质，能够胜任相关岗位职责的要 求，其任职资格符合《公司法》《北京证券交易所股票上市规则》等相关法律法规的规 定。 一、证券事务代表任命的基本情况 三、备查文件 （一）《同辉佳视（北京）信息技术股份有限公司第五届董事会第二十一次会议决议》 同辉佳视（北京）信息技术股 ...

Summary of Key Points Market Overview - On July 7, the total trading volume of stocks on the Beijing Stock Exchange reached 864 million shares, with a total transaction value of 18.57 billion yuan, a decrease of 7.596 billion yuan compared to the previous trading day [1] - Among the tradable stocks, 105 stocks closed higher, accounting for 39.47% of the total, with notable gainers including Fangda New Materials, Caneng Power, and Pano Technology, which rose by 9.92%, 8.70%, and 7.80% respectively [1][2] - Conversely, 158 stocks closed lower, with the largest declines seen in Knight Dairy, Baijia Technology, and Qifeng Precision, which fell by 12.73%, 6.19%, and 5.59% respectively [1][2] Trading Activity - A total of 52 stocks had transaction values exceeding 10 million yuan, with the highest transaction values recorded for Guangxin Technology, Tonghui Information, and Caneng Power, at 506 million yuan, 476 million yuan, and 387 million yuan respectively [1] - In terms of trading activity, 26 stocks had a turnover rate exceeding 10%, with 7 stocks exceeding 20%. Additionally, 43 stocks had turnover rates between 5% and 10%, while 180 stocks had turnover rates between 1% and 5% [1] Notable Stocks - The stocks with the highest turnover rates included Caneng Power at 33.99%, Zhongke Meiling at 33.72%, and Tonghui Information at 31.46% [1] - The closing prices and performance of selected stocks are as follows: - Guangxin Technology: 75.97 yuan, up 2.11%, turnover rate 22.24%, transaction value 505.65 million yuan - Tonghui Information: 11.25 yuan, up 2.74%, turnover rate 31.46%, transaction value 475.69 million yuan - Caneng Power: 24.86 yuan, up 8.70%, turnover rate 33.99%, transaction value 386.55 million yuan [1][2]

Group 1 - The stock of Tonghui Information (430090) increased by 8.42% with a turnover rate of 40.33% and a trading volume of 5.95 billion yuan, showing a volatility of 16.20% [2] - The stock was listed on the龙虎榜 due to its high turnover rate, with a net selling amount of 7.3565 million yuan from brokerage seats [2] - The top five brokerage seats accounted for a total transaction amount of 112 million yuan, with a buying amount of 52.363 million yuan and a selling amount of 59.7195 million yuan, resulting in a net selling of 7.3565 million yuan [2] Group 2 - The largest buying brokerage was Dongfang Caifu Securities, with a buying amount of 15.218 million yuan, while the largest selling brokerage was CITIC Securities Suzhou branch, with a selling amount of 9.587 million yuan [2] - Over the past six months, the stock has appeared on the龙虎榜 eight times, with an average price drop of 1.32% the next day and an average increase of 0.40% over the following five days [2]

New Stock Offerings - 济川药业 (600566) has a tender offer period from June 18, 2025, to July 17, 2025[1] - *ST亚振 (603389) has a tender offer period from June 10, 2025, to July 9, 2025[1] - 中程退 (300208) has 10 trading days remaining until the last trading day[1] Delisting Notices - 退市锦港 (600190) has 10 trading days remaining until the last trading day[1] - 恒立退 (000622) has 7 trading days remaining until the last trading day[1] - 退市九有 (600462) has 6 trading days remaining until the last trading day[1] Trading Alerts - 工智退 (000584) has 4 trading days remaining until the last trading day[1] - 退市海越 (600387) last trading day is July 4, 2025[1] - 北方长龙 (301357) reported severe abnormal fluctuations[1]

Group 1 - The report indicates that the North Exchange 50 index rose by 6.84%, with an average daily trading amount of 34.05 billion, reflecting an increase of 18.09% week-on-week. The market showed stronger-than-expected performance, driven by financial stocks, leading to a new high for the year in the Shanghai Composite Index [9][18]. - The report highlights that the recent surge in the "stablecoin" concept, spurred by Guotai Junan International obtaining a virtual asset trading service license, has led to significant gains in brokerage and financial IT stocks, with notable increases in companies like Tonghui Information (+44.14%) and military industry stocks [9][12]. - The report notes that the North Exchange's capital operations, including private placements and mergers, have become increasingly active, indicating a strengthening of the capital market functions and a move towards high-quality development [12][14]. Group 2 - The report mentions that there was one new stock listing this week, Guangxin Technology, which saw a staggering first-day increase of 500% and a turnover rate of 75.11% [32][38]. - The North Exchange's PE (TTM) average is reported at 95.17 times, with a median of 54.27 times, indicating a relatively high valuation compared to other exchanges [24][30]. - The report provides insights into the trading volume, which reached 7.29 billion shares, an increase of 13.30% week-on-week, with a total trading amount of 170.245 billion, also up by 18.09% [26][28]. Group 3 - The report highlights that among the 251 stocks that rose this week, *ST Guandao led with a 48.68% increase, while 16 stocks declined, resulting in a rise-to-fall ratio of 15.69 [40][41]. - The report identifies key companies to watch, including Lin Tai New Materials, Minshida, and Kaita Co., suggesting a focus on companies with competitive advantages in the technology and new consumption sectors [14][18]. Group 4 - The report details the new three-board situation, noting that six companies were newly listed and six were delisted, with a total of 6,060 companies on the new three-board as of June 27, 2025 [50][52]. - It mentions that the new three-board raised a total of 0.49 billion in planned financing this week, with completed financing amounting to 1.01 billion [52][54].