Core Insights - The core viewpoint of the articles highlights the significant improvement in the profitability of Hengyin Technology, despite a moderate revenue growth in the first three quarters of 2025 [1][3]. Financial Performance - In the first three quarters of 2025, the company achieved an operating income of 265 million yuan, representing a year-on-year increase of 3.22% [1]. - The net profit attributable to shareholders reached 17.8 million yuan, an increase of 53.6 million yuan compared to the previous year [1]. - The net profit after deducting non-recurring gains and losses was 13.75 million yuan, up by 65.0 million yuan year-on-year [1]. - The third quarter saw a revenue decline of 3.87%, but net profit surged by 309.96% [1]. Profitability Metrics - The gross margin for the first three quarters of 2025 was 29.39%, a significant increase of 37.09 percentage points year-on-year [1]. - The net profit margin stood at 6.71%, up by 20.64 percentage points compared to the same period last year [1]. - In the third quarter, the gross margin was 36.41%, reflecting a year-on-year increase of 34.42 percentage points and a quarter-on-quarter increase of 12.03 percentage points [1]. - The net profit margin for the third quarter was 4.69%, an increase of 3.59 percentage points year-on-year [1]. Cost Management - The effective control of operating expenses was a key driver for the substantial growth in net profit, with operating expenses amounting to 54.68 million yuan, a decrease of 22.42 million yuan year-on-year [2]. - The operating expense ratio fell to 20.61%, down by 9.38 percentage points from the previous year [2]. Business Composition - The revenue composition indicates that cash-related devices and services accounted for the highest share at 64.30%, followed by non-cash devices and services at 18.01%, equipment parts at 14.24%, and technical services and others at 3.46% [2]. - This structure emphasizes the company's core competitiveness in the financial self-service equipment sector, particularly in cash-related devices [2]. Industry Positioning - Hengyin Technology operates within the computer industry, specifically in the computer equipment sector, and is involved in various concept sectors including e-commerce, fintech, financial machinery, smart governance, and smart healthcare [2]. - This diversification reflects the company's broad application of products and services beyond traditional banking, extending into wider fintech and smart service domains [2].

Company Overview - Hengyin Technology (SH 603106) announced its fourth board meeting on October 28, 2025, to review the third quarter report for 2025 [1] - As of the report, Hengyin Technology has a market capitalization of 5.3 billion yuan [1] Revenue Composition - For the year 2024, Hengyin Technology's revenue composition is as follows: manufacturing accounts for 69.06%, services account for 30.35%, and other businesses account for 0.59% [1]

（一）审议通过《关于公司 2025 年第三季度报告的议案》 监事会认为：公司《2025 年第三季度报告》的编制程序、内容及格式和审 议程序符合中国证监会和上海证券交易所的有关规定；季度报告编制期间，未有 泄密及其他违反法律法规、《公司章程》或损害公司利益的情形发生；报告全面、 公允地反映了公司 2025 年第三季度的财务状况和经营成果；报告所披露的信息 真实、准确、完整，不存在虚假记载、误导性陈述或者重大遗漏。 证券代码：603106 证券简称：恒银科技 公告编号：2025-047 恒银金融科技股份有限公司 关于第四届监事会第九次会议决议的公告 本公司监事会及全体监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。 一、监事会会议召开情况 恒银金融科技股份有限公司（以下简称"公司"）第四届监事会第九次会议通 知于 2025 年 10 月 22 日以邮件的方式通知全体监事，会议于 2025 年 10 月 28 日在天津自贸试验区（空港经济区）西八道 30 号恒银金融科技园 A 座五楼会议 室以现场和通讯相结合的方式召开。本次会议由监事会主席梁晓刚先生召 ...

证券代码：603106 证券简称：恒银科技 公告编号：2025-046 恒银金融科技股份有限公司 关于第四届董事会第九次会议决议的公告 《公司章程》的有关规定，内容和格式符合中国证监会和上海证券交易所的各项 要求，所包含的信息客观、真实、准确地反映了公司财务状况和经营成果。 二、董事会会议审议情况 （一）审议通过《关于公司 2025 年第三季度报告的议案》 根据《中华人民共和国证券法》《上海证券交易所股票上市规则（2025 年 4 月修订）》《上海证券交易所上市公司自律监管指南第 1 号——公告格式》附件 《第五十二号 上市公司季度报告（2025 年 4 月修订）》《上海证券交易所上市 公司自律监管指南第 2 号——业务办理》附件《第六号 定期报告（2025 年 8 月 修订）》等有关规定，公司按要求编制了《2025 年第三季度报告》。 具体内容详见公司同日披露的公司《2025 年第三季度报告》。 本事项已经公司董事会审计委员会事前认可并审议通过，同意提交公司董事 会审议。 董事会审计委员会认为：公司 2025 年第三季度报告编制符合法律、法规及 1 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 ...

Financial Performance - The company's operating revenue for the third quarter was ¥74,593,825.92, a decrease of 3.87% compared to the same period last year[4] - The net profit attributable to shareholders was ¥3,485,550.13, representing a significant increase of 309.96% year-over-year[4] - The basic earnings per share for the quarter was ¥0.0067, an increase of 318.75% compared to the previous year[5] - Total operating revenue for the first three quarters of 2025 reached ¥265,369,918.79, a 3.3% increase from ¥257,088,227.33 in the same period of 2024[19] - Operating profit for the first three quarters of 2025 was ¥26,536,694.01, compared to a loss of ¥48,260,456.07 in the same period of 2024[20] - Net profit for the first three quarters of 2025 was ¥17,802,047.57, recovering from a net loss of ¥35,803,885.02 in the same period of 2024[21] - The company reported a basic earnings per share of ¥0.0342 for the first three quarters of 2025, compared to a loss per share of -¥0.0688 in the same period of 2024[21] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,661,181,265.86, a decrease of 4.68% from the end of the previous year[5] - The total equity attributable to shareholders at the end of the reporting period was ¥1,307,968,399.12, showing a slight increase of 0.17% compared to the previous year[5] - The company's total current assets as of September 30, 2025, amount to ¥1,044,229,165.73, a decrease from ¥1,224,474,023.33 at the end of 2024[14] - Total non-current assets are valued at ¥616,952,100.13, up from ¥518,317,271.16[15] - The total liabilities amounted to ¥352,861,040.23, a decrease from ¥437,007,516.43 in the previous reporting period[16] Cash Flow - The company reported a cash flow from operating activities of -¥70,179,466.31 for the year-to-date period[5] - The net cash flow from operating activities for the first three quarters of 2025 was -¥70,179,466.31, an improvement from -¥83,059,483.37 in the same period of 2024[23] - The total cash inflow from operating activities was ¥228,536,014.67, down from ¥299,161,475.47 in the previous year, reflecting a decrease in sales revenue[23] - The net cash flow from investing activities was -$37,860,906.10, indicating significant cash outflow for investments[25] - The total cash inflow from financing activities was $30,200,000.00, while cash outflow was $15,615,598.89, resulting in a net cash flow of $14,584,401.11[25] - The net increase in cash and cash equivalents was -$93,442,195.99, reflecting a decrease in liquidity[25] - The ending balance of cash and cash equivalents was $705,370,411.97, down from $798,812,607.96 at the beginning of the period[25] Shareholder Information - The total number of common shareholders at the end of the reporting period is 55,712[11] - The largest shareholder, Hengrong Investment Group Co., Ltd., holds 241,670,000 shares, accounting for 46.43% of total shares[11] - There are no significant changes in the top 10 shareholders due to securities lending activities[12] Strategic Focus - The company attributed the increase in net profit to optimizing product structure, expanding overseas markets, and effectively reducing costs[9] - The company has maintained its focus on continuous product development and market expansion strategies[9] - Research and development expenses for the first three quarters of 2025 were ¥23,922,352.92, down from ¥42,030,937.01 in the same period of 2024, indicating a strategic focus on cost management[20] Accounting Standards - The company plans to implement new accounting standards starting in 2025, which may affect financial reporting[26]

证券代码：603106 证券简称：恒银科技 公告编号：2025-048 恒银金融科技股份有限公司 关于召开 2025 年第三季度业绩说明会的公告 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： 会议召开时间：2025 年 11 月 19 日(星期三) 16:00-17:00 会议召开地点：上海证券交易所上证路演中心（网址： http://roadshow.sseinfo.com/） 会议召开方式：上证路演中心网络互动 投资者可于 2025 年 11 月 12 日（星期三）至 11 月 18 日（星期二）16:00 前登录上证路演中心网站首页点击"提问预征集"栏目或通过公司邮箱 cashway@cashwaytech.com 进行提问。公司将在说明会上对投资者普遍关注 的问题进行回答。 恒银金融科技股份有限公司（以下简称"公司"）已于 2025 年 10 月 29 日发 布公司 2025 年第三季度报告，为便于广大投资者更全面深入地了解公司 2025 年第三季度经营成果、财务状况，公司计划于 2025 年 11 ...

Core Viewpoint - Hengyin Technology's stock has shown a significant increase of 30.36% year-to-date, with recent trading activity indicating a mixed performance in the short term [1][2]. Financial Performance - For the first half of 2025, Hengyin Technology reported a revenue of 191 million yuan, representing a year-on-year growth of 6.29%. The net profit attributable to shareholders was 14.31 million yuan, showing a substantial increase of 139.05% [2]. Stock Market Activity - As of October 21, Hengyin Technology's stock price was 10.22 yuan per share, with a market capitalization of 5.32 billion yuan. The stock experienced a net inflow of 6.70 million yuan from main funds, with significant buying activity from large orders [1]. - The stock has appeared on the "Dragon and Tiger List" twice this year, with the most recent instance on June 25, where it recorded a net purchase of 11.19 million yuan [1]. Shareholder Information - As of June 30, the number of shareholders for Hengyin Technology was 58,200, an increase of 4.80% from the previous period. The average number of circulating shares per person decreased by 4.58% to 8,937 shares [2]. - The company has distributed a total of 65.12 million yuan in dividends since its A-share listing, with 15.62 million yuan distributed over the past three years [3]. Institutional Holdings - As of June 30, 2025, the fifth-largest circulating shareholder was Huabao Zhongzheng Financial Technology Theme ETF, holding 2.24 million shares, an increase of 239,300 shares from the previous period. Conversely, Dachen Zhongzheng 360 Internet+ Index A reduced its holdings by 278,400 shares [3].

Group 1 - As of October 10, the Tianjin Free Trade Zone concept rose by 2.13%, ranking third among concept sectors, with 12 stocks increasing in value [1] - Notable gainers include Jintou City Opening, which hit the daily limit, and HNA Technology, Ruipu Biology, and Haitai Development, which rose by 8.83%, 3.16%, and 2.42% respectively [1] - The leading decliners were Tianjin Pulin, Hengyin Technology, and Jiuan Medical, which fell by 0.49%, 0.20%, and 0.13% respectively [1] Group 2 - The Tianjin Free Trade Zone concept saw a net inflow of 67 million yuan, with seven stocks receiving main capital inflows [2] - HNA Technology led the net inflow with 61.57 million yuan, followed by Jintou City Opening, Tianjin Port, and Haitai Development with net inflows of 61.16 million yuan, 9.59 million yuan, and 4.21 million yuan respectively [2] - The inflow ratios for Jintou City Opening, HNA Technology, and Tianjin Port were 36.56%, 8.67%, and 5.82% respectively [3] Group 3 - The top stocks in the Tianjin Free Trade Zone concept based on net capital flow included HNA Technology, Jintou City Opening, Tianjin Port, and Haitai Development, with respective daily price changes of 8.83%, 10.20%, 1.71%, and 2.42% [3] - The trading volume and turnover rates for these stocks were also highlighted, with Jintou City Opening having a turnover rate of 5.68% and HNA Technology at 5.72% [3]

Core Viewpoint - Hengyin Technology's stock has shown a significant increase this year, with a 39.29% rise, reflecting positive market sentiment and performance in the financial technology sector [1][2]. Financial Performance - For the first half of 2025, Hengyin Technology reported operating revenue of 191 million yuan, a year-on-year increase of 6.29%, and a net profit attributable to shareholders of 14.31 million yuan, up 139.05% year-on-year [2]. - The company has distributed a total of 65.12 million yuan in dividends since its A-share listing, with 15.62 million yuan distributed over the past three years [3]. Stock Market Activity - As of September 16, Hengyin Technology's stock price reached 10.92 yuan per share, with a market capitalization of 5.684 billion yuan [1]. - The stock has seen a trading volume of 92.64 million yuan on the same day, with a turnover rate of 1.65% [1]. - The company has appeared on the "Dragon and Tiger List" twice this year, with the most recent net buy of 11.19 million yuan on June 25 [1]. Shareholder Information - As of June 30, 2025, Hengyin Technology had 58,200 shareholders, an increase of 4.80% from the previous period, with an average of 8,937 circulating shares per shareholder, a decrease of 4.58% [2][3]. - The top ten circulating shareholders include notable funds, with Hua Bao Zhong Zheng Financial Technology Theme ETF holding 2.24 million shares, an increase of 239,300 shares [3].

Core Viewpoint - Hengyin Technology's stock price has shown volatility, with a year-to-date increase of 36.35% but a recent decline in the last five and twenty trading days [1] Financial Performance - For the first half of 2025, Hengyin Technology achieved operating revenue of 191 million yuan, representing a year-on-year growth of 6.29% [2] - The net profit attributable to shareholders for the same period was 14.31 million yuan, a significant increase of 139.05% year-on-year [2] Stock Market Activity - As of September 15, Hengyin Technology's stock price was 10.69 yuan per share, with a market capitalization of 5.564 billion yuan [1] - The stock has experienced a net outflow of 502.56 thousand yuan in principal funds recently, with significant selling pressure [1] - The company has appeared on the "Dragon and Tiger List" twice this year, with the most recent net purchase of 11.1883 million yuan on June 25 [1] Shareholder Information - As of June 30, 2025, the number of shareholders increased to 58,200, up by 4.80% from the previous period [2] - The top ten circulating shareholders include notable funds, with Hua Bao Zhong Zheng Financial Technology Theme ETF being the fifth largest shareholder [3] Business Overview - Hengyin Technology, established on May 12, 2004, and listed on September 20, 2017, focuses on providing smart banking solutions centered around financial self-service equipment [1] - The revenue composition includes cash-related equipment and services (64.30%), non-cash equipment and services (18.01%), equipment parts (14.24%), and technical services (3.46%) [1]