Core Viewpoint - The company Xinyada (600571) is collaborating with domestic financial industry clients and partners, including Huawei, to accelerate the digital transformation in the financial sector [1] Group 1 - The company is actively engaging with various domestic financial industry clients to enhance their digital and intelligent transformation efforts [1] - The partnership with leading technology firms like Huawei signifies a strategic move to leverage advanced technologies for financial services [1]

Group 1 - The company aims to enhance its core competitiveness and operational performance by learning from the advanced practices and successful experiences of outstanding peers in the industry [1] - The company is focused on aligning its strategies with market trends and its own characteristics to improve long-term value recognition in the market [1]

Group 1 - The company emphasizes the importance of market value management as a core measure to enhance operational quality [1] - The company aims to improve overall value through measures such as enhancing corporate governance, implementing a stable dividend policy, and strengthening investor relations management [1]

Core Viewpoint - The financial IT sector is experiencing a rise in market capitalization driven by trends in cross-border payments, stablecoins, and artificial intelligence, despite the lack of significant performance improvements in earnings among major companies [1][5]. Market Capitalization and Performance - Ten representative companies in the financial IT sector have shown varying degrees of market capitalization growth, with Runhe Software at approximately 48 billion yuan, significantly higher than its peers [2]. - Among these companies, only five reported positive net profits, and only four achieved profit growth in the first half of 2025 [1][2]. Revenue and Growth Rates - Nantian Information and Shenzhou Information led in revenue, reaching approximately 4.566 billion yuan and 4.405 billion yuan, with year-on-year growth rates of 16.76% and 7.88% respectively [2]. - Other companies reported revenues ranging from 31.1 million yuan to 1.736 billion yuan, with three companies experiencing negative growth: Yuxin Technology (-4.89%), Changliang Technology (-5.75%), and Kelong Software (-38.05%) [2]. Profitability Metrics - Yuxin Technology reported a net profit of 220 million yuan, a year-on-year increase of 35.26%, while the remaining profitable companies had net profits below 100 million yuan [3]. - The highest gross margin was reported by Yuxin Technology at 34.53%, with other companies like Changliang Technology and Kelong Software also exceeding 30% [3]. Research and Development Investment - Anshuo Information had the highest R&D expense ratio at 14.14%, with several other companies exceeding 10% [3]. Return on Equity (ROE) - Among the ten companies, five had a positive ROE, with Yuxin Technology leading at 5.11% [4]. Industry Challenges - The financial IT market is characterized by limited capacity and intense competition, with large financial institutions having self-sufficiency, which reduces demand for products and services from smaller companies [5]. - Long payment cycles and project durations are common issues affecting profitability across the industry [6]. Losses and Financial Strain - Shenzhou Information reported the largest loss at 96 million yuan, attributed to increased overdue receivables and related impairment provisions [7]. - Nantian Information's loss was due to intensified market competition and declining gross margins [7]. AI and International Expansion - Companies are increasingly leveraging AI technology to enhance efficiency and reduce costs, with several firms reporting successful AI product implementations [8]. - International markets are being targeted for growth, with companies like Kelong Software and Changliang Technology expanding their presence in Southeast Asia [9][10].

Company Overview - Xinyada Technology Co., Ltd. is located in Hangzhou, Zhejiang Province, established on July 22, 1996, and listed on November 1, 2002. The main business involves software technology development and consulting services [1]. - The revenue composition of the company is as follows: IT industry 99.30%, environmental protection industry 0.65%, and other business income 0.05% [1]. Financial Performance - For the first half of 2025, Xinyada achieved operating revenue of 861 million yuan, representing a year-on-year growth of 11.24%. The net profit attributable to the parent company was -52.635 million yuan, with a year-on-year increase of 9.76% [2]. - Since its A-share listing, Xinyada has distributed a total of 826 million yuan in dividends, with 143 million yuan distributed in the last three years [3]. Stock Performance - As of September 19, Xinyada's stock price decreased by 2.04%, trading at 16.83 yuan per share, with a total market capitalization of 7.848 billion yuan [1]. - Year-to-date, Xinyada's stock price has increased by 34.50%, but it has seen a decline of 7.32% over the last five trading days and 14.48% over the last 20 days [1]. Shareholder Information - As of June 30, 2025, the number of shareholders increased by 13.50% to 67,300, with an average of 6,797 circulating shares per person, a decrease of 11.89% [2]. - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited is the fifth largest, holding 4.3874 million shares, an increase of 92,000 shares compared to the previous period [3].

Core Points - The company held its first extraordinary general meeting of shareholders on September 18, 2025, with all resolutions passed without any objections [2][4] - The meeting was legally convened and chaired by the company's chairman, complying with the Company Law and the company's articles of association [2][4] - The company decided to abolish the supervisory board and amend its articles of association, which was approved as a special resolution [3][4] - The company also revised its shareholder meeting rules and board meeting rules, both of which were passed as ordinary resolutions [3][4] Shareholder Meeting Details - The meeting took place at the company's headquarters in Hangzhou, with all board members and the board secretary present [2][3] - The voting process was conducted in accordance with legal requirements, and the results were announced on-site [4] - The meeting did not address any matters not listed in the notice [4] Board Changes - Director Zhu Baowen submitted his resignation due to work adjustments, effective immediately upon delivery to the board [7][8] - Zhu Baowen was subsequently elected as the employee representative director during the employee representative assembly held on September 18, 2025 [8][9] - The election of Zhu Baowen as the employee representative director complies with legal requirements regarding board composition [9] Board Meeting Resolutions - The third meeting of the ninth board was held on September 18, 2025, with all nine directors present and voting [12][13] - The board elected Geng Junling as the director responsible for executing company affairs and as the legal representative [13] - The board also established an audit committee, with Huang Rongbing as the chairperson, following the dissolution of the supervisory board [14]

Core Points - The company announced the election of Zhu Baowen as the employee representative director of the ninth board of directors during the employee representative assembly held on September 18, 2025 [2] Summary by Category - **Company Announcement** - The company held an employee representative assembly on September 18, 2025, where all attending representatives unanimously agreed to elect Zhu Baowen as the employee representative director [2]

Group 1 - The company Xinyada announced on September 18 that its ninth board meeting was held, discussing the election of a director to manage company affairs [1] - The meeting was conducted in a hybrid format, combining in-person attendance with remote voting [1] Group 2 - The Federal Reserve's interest rate decision is being debated, with opinions suggesting that a 25 basis point cut is too small while a 50 basis point cut is too large [1] - A representative of former President Trump cast the only dissenting vote regarding the Federal Reserve's decision [1]

信雅达科技股份有限公司 关于董事辞任暨选举职工代表董事的公告 证券代码：600571 证券简称：信雅达 编号：2025-031 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个别及连带责任。 信雅达科技股份有限公司董事会于近日收到公司董事朱宝文先生的书面辞 职报告，朱宝文先生因工作调整原因申请辞去公司第九届董事会董事职务，该辞 职报告自送达公司董事会之日起生效。朱宝文先生辞任后仍在公司担任其他职务。 一、董事辞任情况 （二）辞任对公司的影响 根据《中华人民共和国公司法》（以下简称《公司法》）和《信雅达科技股份 有限公司章程》（以下简称《公司章程》）等有关规定，朱宝文先生的辞职报告自 送达公司董事会之日起生效。朱宝文先生的辞职不会导致公司董事会成员人数低 于法定人数，不会影响公司董事会的正常运行，亦不会对公司的规范运作和日常 生产经营产生不利影响。 二、关于选举职工代表董事的情况 为进一步完善公司治理结构，根据《公司法》《公司章程》及相关规定，公 司董事会中设置 1 名职工代表董事，职工代表董事由公司职工代表大会选举产生。 （一）提前辞任 ...

法律意见书 浙江天册律师事务所 关于 信雅达科技股份有限公司 2025 年第一次临时股东大会的 法律意见书 法律意见书 浙江天册律师事务所 关于信雅达科技股份有限公司 2025 年第一次临时股东大会的 法律意见书 编号：TCYJS2025H1494 号 浙江省杭州市杭大路 1 号黄龙世纪广场 A 座 11 楼 310007 电话：0571-87901111 传真：0571-87901500 致：信雅达科技股份有限公司 浙江天册律师事务所（以下简称"本所"）接受信雅达科技股份有限公司（以 下简称"信雅达"或"公司"）的委托，指派本所律师参加公司 2025 年第一次临 时股东大会，并根据《中华人民共和国证券法》（以下简称"《证券法》"）、 《中华人民共和国公司法》（以下简称"《公司法》"）和《上市公司股东会规 则》（以下简称"《股东会规则》"）等法律、法规和其他有关规范性文件的要 求出具本法律意见书。 在本法律意见书中，本所律师仅对本次股东大会召集、召开程序、出席人员 的资格、召集人的资格、表决程序及表决结果的合法有效性发表意见，不对会议 所审议的议案内容和该等议案中所表述的事实或数据的真实性和准确性发表意见。 ...