Core Viewpoint - The announcement from Hengsheng Electronics outlines the restrictions on the exercise period for stock options granted under the 2022 and 2023 stock option incentive plans, specifically indicating a limitation from July 5, 2025, to July 14, 2025 [1][2]. Summary by Relevant Sections Stock Option Exercise Period - The stock options under the 2022 incentive plan have an exercise period from October 9, 2024, to September 12, 2025, with the exercise code 1000000235 [1]. - The stock options under the 2023 incentive plan have an exercise period from October 9, 2024, to September 11, 2025, with the exercise code 1000000517 [1]. Restriction Details - The restriction on the exercise period is set for July 5, 2025, to July 14, 2025, during which all incentive recipients will be prohibited from exercising their options [1]. - The company will apply to the China Securities Depository and Clearing Corporation Limited Shanghai Branch for the necessary procedures regarding the restriction on exercising options [1].

Group 1 - Ant Group concept declined by 1.72%, ranking among the top declines in the concept sector, with stocks like Jida Zhengyuan and Cuiwei Co. hitting the limit down [1][2] - Major stocks in the Ant Group concept saw significant net outflows, totaling 4.616 billion yuan, with 62 stocks experiencing outflows, and 12 stocks seeing outflows exceeding 100 million yuan [2][3] - The top net outflow stock was Hengsheng Electronics, with a net outflow of 659 million yuan, followed by Cuiwei Co. and Lakala with outflows of 607 million yuan and 548 million yuan respectively [2][3] Group 2 - Among the stocks in the Ant Group concept, 21 stocks experienced price increases, with Anni Co. leading with a 10% increase, followed by ST Gaohong and Jingneng Electric Power with increases of 4.92% and 4.45% respectively [1][4] - The overall market sentiment reflected a mixed performance across various concept sectors, with the top gainers including the China Shipbuilding System and Cell Immunotherapy, while sectors like Digital Currency and Ant Group concept faced declines [2][4] - The trading volume and turnover rates varied significantly among the stocks, with Hengsheng Electronics showing a turnover rate of 5.35% and a price decline of 4.32% [3]

Market Overview - The Shanghai Composite Index rose by 0.39% on July 1, with 20 out of the 28 sectors experiencing gains, led by the comprehensive and pharmaceutical sectors, which increased by 2.60% and 1.80% respectively [1] - The computer industry was the biggest loser, declining by 1.18%, with a net outflow of 8.395 billion yuan in capital [1] Computer Industry Analysis - The computer sector had 336 stocks, with 78 rising and 256 falling; one stock hit the daily limit up while another hit the limit down [1] - Among the stocks with net inflows, 95 saw capital inflows, with five exceeding 50 million yuan; the top inflow was for Xuanji Information, which received 352 million yuan [1] - The top three stocks with the highest capital outflows included Sifang Precision, with an outflow of 731 million yuan, followed by Hengsheng Electronics and Guiding Compass, with outflows of 659 million yuan and 448 million yuan respectively [2] Capital Flow in Computer Sector Inflow Leaders - Xuanji Information: +20.00%, turnover rate 12.50%, net inflow 351.84 million yuan [1] - Changshan Beiming: +3.18%, turnover rate 7.63%, net inflow 107.51 million yuan [1] - Huibo Yuntong: +0.65%, turnover rate 14.50%, net inflow 85.95 million yuan [1] Outflow Leaders - Sifang Precision: -9.55%, turnover rate 25.04%, net outflow -730.62 million yuan [2] - Hengsheng Electronics: -4.32%, turnover rate 5.35%, net outflow -658.75 million yuan [2] - Guiding Compass: -3.45%, turnover rate 8.33%, net outflow -448.06 million yuan [2] ETF Performance - Food and Beverage ETF (Product Code: 515170): No change in the last five days, PE ratio 19.79, net outflow of 4.03 million yuan [4] - Gaming ETF (Product Code: 159869): Increased by 8.63% in the last five days, PE ratio 43.19, net outflow of 10.88 million yuan [4] - Semiconductor ETF (Product Code: 588170): Increased by 2.87% in the last five days, net inflow of 3.79 million yuan [5] - Cloud Computing ETF (Product Code: 516630): Increased by 4.46% in the last five days, PE ratio 102.69, net outflow of 0.41 million yuan [5]

Group 1 - The digital currency sector experienced a decline of 2.40%, ranking among the top losers in the concept sector, with companies like Jida Zhengyuan, Cuiwei Co., and *ST Rindong hitting the daily limit down [1][2] - Major outflows of capital from the digital currency sector amounted to 7.702 billion yuan, with 76 stocks experiencing net outflows, and 22 stocks seeing outflows exceeding 100 million yuan [2][3] - The top three companies with the highest net outflows were Sifang Jingchuang (7.31 billion yuan), Hengsheng Electronics (6.59 billion yuan), and Cuiwei Co. (6.07 billion yuan) [2][3] Group 2 - Among the digital currency stocks, Sifang Jingchuang saw a significant drop of 9.55%, while Cuiwei Co. fell by 9.97% [3][4] - Conversely, stocks such as Sanwei Xinan, Xinghui Entertainment, and ST Zhengtong showed positive performance, with increases of 5.14%, 4.96%, and 4.24% respectively [1][4] - The overall market sentiment reflected a negative trend in the digital currency sector, with a majority of stocks experiencing declines [2][3]

恒生电子股份有限公司 证券代码：600570 证券简称：恒生电子 公告编号：2025-041 二、回购股份的进展情况 根据《上市公司股份回购规则》、《上海证券交易所上市公司自律监管指引第 7 号——回购股份》的相关规定，上市公司应当在每个月的前 3 个交易日内公告截 至上月末的回购进展情况。现将公司回购股份的进展情况公告如下： 2025 年 6 月，公司通过集中竞价交易方式累计回购股份约为 146,600 股，占 公司总股本的比例为 0.0077%，购买的最低价为 26.28 元/股、最高价为 29.99 元 /股，支付的金额约为 4,024,442 元（不含交易费用）。 截至 2025 年 6 月末，公司已累计回购股份为 183,800 股，占公司总股本的比 例为 0.0097%，购买的最低价为 26.28 元/股、最高价为 29.99 元/股，已支付的总 金额约为 5,025,385 元（不含交易费用）。上述回购情况符合本次回购股份方案的 规定。 关于股份回购进展公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、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法律责任。 重要内 ...

恒生电子股份有限公司 证券代码：600570 证券简称：恒生电子 公告编号：2025-043 恒生电子股份有限公司 关于公司 2022 股票期权激励计划与 2023 年股票期权激励计划 2025 年第二季度自主行权结果的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、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法律责任。 重要内容提示： 一、股权激励计划已履行的决策程序及相关信息披露 （一）2022 年激励计划 1、2022 年 8 月 24 日，公司召开第八届董事会第四次会议,审议通过了《关于 <恒生电子股份有限公司 2022 年股票期权激励计划（草案）>及其摘要的议案》、 《关于<恒生电子股份有限公司 2022 年股票期权激励计划管理办法>的议案》、《关 于提请股东大会授权董事会办理 2022 年股票期权激励计划相关事宜的议案》等相 1 3、2022 年 8 月 26 日至 2022 年 9 月 5 日，公司对授予激励对象的姓名和职务 在公司内部进行了公示，在公示期内，公司监事会未接到与本激励计划拟激励对 象有关的任何异议。2022 年 9 月 6 日，公司监事会做出《关 ...

恒生电子股份有限公司 关于股票期权限制行权期间的提示性公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、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法律责任。 根据《上市公司股权激励管理办法》《恒生电子股份有限公司 2022 年股票 期权激励计划》《恒生电子股份有限公司 2023 年股票期权激励计划》及中国证 券登记结算有限责任公司上海分公司关于股票期权自主行权的相关规定，结合恒 生电子股份有限公司（以下简称"恒生电子"或"公司"）2025 年半年度业绩 预告披露计划，现对公司 2022 年股票期权激励计划以及 2023 年股票期权激励计 划授予的股票期权自主行权时间进行限制，具体情况如下： | 激励计划 | | | 行权期 | 行权代码 | | | 行权起止日期 | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 公司 | 2022 | 年股票 | 第二个行权期 | 1000000235 | 2024 | 年 | 10 | 月 9 | 日-2025 | 年 ...

Group 1 - The software service index of China has decreased by 1.06% as of July 1, 2025, with mixed performance among constituent stocks [1] - Donghua Software led the gains with an increase of 0.42%, while Guiding Compass and other stocks like Hengsheng Electronics and Yonyou Network experienced declines [1] - The software ETF (159852) has undergone adjustments, showing a cumulative increase of 7.85% over the past week, ranking first among comparable funds [1] Group 2 - The software ETF recorded a turnover rate of 3.39% and a transaction volume of 108 million yuan, with an average daily transaction of 250 million yuan over the past week, leading among comparable funds [4] - The latest scale of the software ETF reached 3.195 billion yuan, marking a three-month high and ranking first among comparable funds [4] - The software ETF saw a significant increase in shares, with a growth of 15.8 million shares over the past week, also ranking first among comparable funds [4] Group 3 - The software ETF experienced a net inflow of 17.7697 million yuan, accumulating a total of 82.5867 million yuan over the last five trading days [4] - Leveraged funds are actively participating, with the latest margin buying amounting to 10.0713 million yuan and a margin balance of 107 million yuan [4] - Over the past year, the software ETF's net value has increased by 47.88%, ranking 195th out of 2889 index stock funds, placing it in the top 6.75% [4] Group 4 - According to research from交银国际, AI technology innovation is a key focus for building a strong technological nation, with policy benefits expected to boost technological iteration and local government/enterprise demand [5] - DeepSeek is breaking the limitations of OpenAI's closed-source and high costs through computational innovation, promoting the acceleration of AI application implementation and enhancing market confidence in AI technology development [5] - As regional political influences ease, domestic substitution and AI application support are expected to accelerate revenue and profit growth, potentially leading to further valuation recovery in the software industry [5] Group 5 - As of June 30, 2025, the top ten weighted stocks in the software service index include iFlytek, Kingsoft Office, and others, collectively accounting for 60.56% of the index [5] - The performance of the top ten stocks shows mixed results, with iFlytek slightly down by 0.06% and Hengsheng Electronics down by 4.03% [7] - Investors can also access AI software investment opportunities through the software ETF linked fund (012620) [7]

Group 1 - The A-share market showed signs of recovery in June, with major indices generally rising, particularly the ChiNext Index which increased by 6.1% [1][8] - The performance of various sectors was mixed, with telecommunications, non-bank financials, banks, and non-ferrous metals performing well, while consumer sectors like food and beverage, beauty care, and home appliances lagged [1][8] - The Hong Kong stock market also experienced a rebound, with the Hang Seng Index and other indices showing increases of 5.0%, 4.8%, and 4.4% respectively by June 26, 2025 [1][12] Group 2 - The report anticipates that the A-share index will maintain a volatile trend, with external risks potentially easing but still requiring vigilance regarding U.S. policies [2][16] - The upcoming earnings season is expected to highlight sectors with strong performance, particularly steel, computers, electric equipment, and defense industries, which are projected to have relatively high growth rates [2][18] - Stable assets such as high-dividend stocks and gold are recommended for attention, as they have historically performed well during uncertain market conditions [2][18] Group 3 - The Hong Kong market is expected to continue its volatile trend, influenced by liquidity constraints and uncertainties in U.S.-China relations [3][23] - Long-term investment strategies should focus on a "barbell" approach, emphasizing technology growth and high-dividend stocks, particularly in sectors like telecommunications, utilities, and banking [3][23] - The report identifies several key stocks for July 2025 in both A-shares and Hong Kong markets, including Newguang, Gree Electric, Tencent Holdings, and Xiaomi Group, among others [3][29][32]

Group 1 - The software service index in China increased by 0.87%, with notable gains from companies such as Hengsheng Electronics (up 6.53%) and Zhina Compass (up 5.48%) [1] - The software ETF (159852) rose by 0.74%, marking its fourth consecutive increase, with a trading volume of 348 million yuan and a turnover rate of 11.53% [1] - The software ETF's net asset value increased by 48.65% over the past year, ranking it 178 out of 2878 in the index stock fund category [1] Group 2 - The "Cross-Border Payment Link" was officially launched, enhancing the connectivity between the payment systems of mainland China and Hong Kong, which is expected to facilitate remittances and further the internationalization of the RMB [2] - The financial technology sector is anticipated to benefit from improved liquidity and increased trading volumes, with internet brokerage firms and financial IT services expected to see positive fundamental changes [2] - The top ten weighted stocks in the software service index account for 59.85% of the index, with notable companies including iFlytek, Kingsoft Office, and Tonghuashun [2][4]