Core Viewpoint - 瑞和数智 (03680) has experienced a significant stock price increase of over 9% following a positive earnings forecast, with the stock price nearly doubling since July 16, currently trading at 2.16 HKD [1] Group 1: Financial Performance - The company expects to turn a loss of 36.04 million HKD from the previous year into a profit of 43 million to 44 million HKD for the six months ending June 30, 2025 [1] - Key factors contributing to the profit growth include fair value gains from holding 15 million shares of Tokyo Central Auction (01939) and cost optimization measures across R&D, administrative expenses, financing costs, and sales expenses [1] Group 2: Business Operations - The main business segments of 瑞和数智 include data solutions, hardware and software sales, IT maintenance and support services, and commodity trading, all of which have maintained stable operations during the period [1]

Core Viewpoint - 瑞和数智 (03680) has experienced a significant stock price increase of over 9% following a profit alert, with its stock price nearly doubling since July 16, currently trading at 2.16 HKD [1] Financial Performance - The company expects to turn a loss of 36.04 million HKD from the previous year into a profit of 43 million to 44 million HKD for the six months ending June 30, 2025, based on preliminary reviews of its unaudited consolidated management accounts [1] - Key factors contributing to the profit growth include fair value gains from holding 15 million shares of Tokyo Central Auction (01939) and cost optimization measures that improved profitability [1] Business Operations - The main business segments of 瑞和数智 include data solutions, hardware and software sales, IT maintenance and support services, and commodity trading, all of which have maintained stable operations during the reporting period [1]

2025年7月31日，瑞和数智科技控股有限公司(03680)发布中期业绩盈利预喜，预估2025上半年业绩收入 扭亏为盈，盈利约4300万至4400万元人民币。这一亮眼成绩的背后，主要源于前瞻性投资布局的丰厚回 报、公司管理层经营效率的显著提升以及持续推进的降本增效。 投资收益成盈利 "新动能"， 战略眼光兑现价值 核心主业稳健，金融科技深耕不辍 在投资业务高歌猛进的同时，瑞和数智始终坚守金融科技核心赛道，在大数据解决方案、营销科技等传 统优势领域持续深耕，服务能力得到金融客户的广泛认可。公司战略清晰，在巩固金融行业领先地位的 基础上，积极拓展客户边界与业务外延： 横向拓展客户群：成功将服务模式从金融机构复制到更广泛的行业。例如联合泉州数据集团(泉州市数 据集团是泉州市属全资国有大数据企业，主要承担市级政务数据汇聚共享平台技术服务及公共数据资源 开发任务)运营地方金融平台、为新能源领军制造企业打造大数据平台等，推动技术能力跨行业迁移， 开辟了新的增长空间。 纵向深耕金融科技：积极探索金融行业的细分蓝海。7月29日，瑞和数智宣布联合香港金融科技领军企 业启动"虚拟加密资产交易系统"的开发，为券商提供合规高效的交易 ...

Core Viewpoint - 瑞和数智科技控股有限公司预计2025年上半年将实现盈利约4300万至4400万元人民币，主要得益于前瞻性投资布局、管理效率提升和降本增效措施 [1] Investment Performance - 2025年上半年盈利增长主要源于公司在投资领域的卓越表现，特别是参与联合要约收购东京中央拍卖控股有限公司，带来超过6000万港元的持有收益 [1] Financial Technology Focus - 公司在金融科技领域持续深耕，服务能力得到广泛认可，成功将服务模式从金融机构扩展到其他行业，开辟新的增长空间 [3] - 瑞和数智积极探索金融行业的细分市场，联合香港金融科技企业开发虚拟加密资产交易系统，抢占数字金融基建升级的先机 [3] Diversification Strategy - 公司推进多元化发展战略，计划斥资8000万港元布局加密货币资产与Web3.0赛道，响应香港政府推动虚拟资产产业发展的政策 [4] - 与上海源庐加佳信息科技有限公司合作，打造软硬件一体化解决方案，拓宽业务边界 [4] Investment Empowerment Model - 瑞和数智高管团队将持续探索更多价值投资的可能性，通过投后深度赋能企业发展，实现协同创新与价值提升 [5] Future Outlook - 2025年中期业绩盈利预喜是公司"科技深耕+战略投资"双轮驱动模式成效的初步显现，未来将把握数字经济与智能时代的广阔机遇 [6]

Core Viewpoint - 瑞和数智 (03680) expects to turn a loss of approximately RMB 36.04 million for the six months ending June 30, 2024, into a profit of about RMB 43 million to RMB 44 million for the six months ending June 30, 2025 [1] Group 1: Financial Performance - The company anticipates a significant turnaround in financial performance, moving from a loss to a profit within a year [1] - The expected profit increase is attributed to two main factors: fair value gains from financial investments and cost reduction measures implemented by the company [1][1] Group 2: Business Operations - The company's main business segments, including data solutions, software and hardware sales, IT maintenance and support services, and commodity trading, have remained stable during the period [1] - The company has successfully reduced R&D expenses, administrative costs, financing costs, and sales expenditures compared to the same period last year [1]

智通财经APP讯，瑞和数智(03680)发布公告，预期本集团将由截至2024年6月30日止6个月的本公司拥有 人应占亏损约人民币 3604万元扭亏为盈至截至2025年6月30日止6个月内本公司拥有人应占溢利约人民 币4300万元至人民币4400万元。 于期间内，本公司主营业务包括数据解决方案、销售软硬件及相关综合服务，信息技术维护及支援服 务，以及商品贸易业务均维持稳定。前述期间内本公司拥有人应占溢利增加乃主要有两个原因：第一， 本公司财务投资的公平值收益，尤其是本公司持有1500万股东京中央拍卖控股有限公司(其股份于联交 所上市(01939))的股份。第二，本集团在期间内大力推动降本增效措施，从而令研发费用、行政费用、 融资成本及销售开支等较去年同期有所减少。 ...

格隆汇7月31日丨瑞和数智(03680.HK)发布公告，截至2025年6月30日止六个月，预期集团将由截至2024 年6月30日止六个月的公司拥有人应占亏损约人民币3604万元扭亏为盈至期间内公司拥有人应占溢利介 乎约人民币4300万元至人民币4400万元。 于期间内，公司主营业务包括数据解决方案、销售软硬件及相关综合服务，信息技术维护及支援服务， 以及商品贸易业务均维持稳定。前述期间内公司拥有人应占溢利增加主要有两个原因：第一，公司财务 投资的公平值收益，尤其是公司持有1500万股东京中央拍卖(01939.HK)的股份。第二，集团在期间内大 力推动降本增效措施，从而令研发费用、行政费用、融资成本及销售开支等较去年同期有所减少。 ...

Ruihe Data Technology Holdings Limited 瑞和數智科技控股有限公司 （於開曼群島註冊成立之有限公司） 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負 責，對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部 或任何部份內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 瑞和數智科技控股有限公司 薛守光 （股份代號：3680） 正面盈利預告 本 公 告 乃 由 瑞 和 數 智 科 技 控 股 有 限 公 司（「本公司」，連 同 其 附 屬 公 司 統 稱「本 集 團」）根 據《香 港 聯 合 交 易 所 有 限 公 司 證 券 上 市 規 則》（「《上市規則》」）第13.09(2)(a)條 及香港法例第571章《證券及期貨條例》第XIVA部內幕消息條文（定義見《上市規則》） 發出。 本 公 司 董 事（「董 事」）會（「董事會」）謹 此 知 會 本 公 司 股 東（「股 東」）及 潛 在 投 資 者， 根 據 對 本 集 團 截 至 二 零 二 五 年 六 月 三 十 日 止 六 個 月（「期 間」）的 未 經 審 計 綜 合 管 理 ...

Core Viewpoint - 瑞和数智 is transforming from a traditional IT service provider to a digital asset trading infrastructure builder, leveraging the Hong Kong regulatory environment and its 20 years of financial IT experience to capitalize on the digital asset market [1][6][15] Group 1: Company Background and Strategy - 瑞和数智 has over 20 years of experience in financial technology and is strategically investing 80 million HKD to enter the Web 3.0 and cryptocurrency sectors [2][6] - The company aims to upgrade traditional financial services through "on-chain" technology, transitioning from an IT supplier to a digital financial ecosystem builder [2][3] - 瑞和数智 has a strong competitive edge, being a national-level specialized small giant enterprise with numerous software copyrights and patents, and has been recognized as the top provider in the Chinese banking IT solutions market [2][3] Group 2: Technological and Human Resources - The company boasts a highly skilled core team, with 89% of its workforce being technical talent, many of whom have over 20 years of experience in big data and AI solutions [3] - 瑞和数智's deep industry understanding and established client relationships differentiate it from purely conceptual Web 3.0 companies [3] Group 3: Financial Position and Investments - 瑞和数智 completed a placement of 130 million shares at 0.301 HKD per share, raising 38.6 million HKD to optimize its capital structure [3] - The company has also made a strategic investment in Tokyo Central Auction, acquiring 15 million shares at 0.44 HKD each, with the current market price at 6.8 HKD, yielding a holding gain of nearly 90 million HKD [3] Group 4: Market Context and Regulatory Environment - The implementation of the Hong Kong Stablecoin Regulation is expected to create significant opportunities for digital asset development, with the Hong Kong Securities and Futures Commission issuing 11 virtual asset trading platform licenses by July 2025 [6][7] - The global stablecoin market is estimated at 240 billion USD, with projected trading volumes exceeding 20 trillion USD in 2024, indicating a growing demand for digital assets [7] Group 5: Valuation and Market Perception - 瑞和数智 is currently undervalued, with a market capitalization of 1.4 billion HKD, while comparable companies have significantly higher valuations [11][12] - The company's price-to-sales ratio is 3.45, the lowest among its peers, indicating a substantial valuation gap despite its competitive advantages [12][14] - Since announcing its strategic transformation, 瑞和数智's stock price has increased by nearly 32% in just four trading days, reflecting positive market sentiment [7][14] Group 6: Future Outlook - As the company transitions into a growth phase, it is well-positioned to benefit from the influx of capital into emerging markets and the increasing interest in digital assets [14][15] - 瑞和数智's strategic investments and partnerships, such as with OSL Group, are expected to accelerate its compliance and regulatory efforts in the digital asset space [7][15]

在数字浪潮重塑全球金融格局的大背景下，市值仅14亿港元的瑞和数智(03680)正悄然蜕变。当市场还 在争论数字资产赛道的真实需求时，这家覆盖80%头部银行的金融科技老兵，已借力香港《稳定币条 例》合规通道，将8000万港元弹药精准投向加密货币、RWA等香港证监会许可资产。其战略升维的深 层逻辑在于：以20年金融IT根基为跳板，从系统供应商蜕变为数字资产交易底层架构的构建者——一场 由政策红利与技术积淀共同驱动的价值重估正在发酵。 传统业务为基石，二十年金融科技沉淀的底气 在全球资产数字化浪潮下，市场竞争有可能加剧，而瑞和数智依托三大核心竞争力展现出显著优势： 从业务能力来看，瑞和数字在金融科技领域深耕超20年，长期服务于金融机构的核心系统，是国家级专 精特新小巨人企业，并且多年蝉联IDC评选的"中国银行业IT解决方案智能营销市场第一名"，拥有149 项软件著作权及64项专利资质，并通过CMMI五级认证(全球软件领域最高等级)。 具备人工智能、大数据等技术并实现与Web3技术深度融合，始终是数字金融生态发展不可或缺的技术 支撑。瑞和数智有着出色的核心团队，技术人才占比高达89%，核心技术团队来自Teradata ...