Group 1 - The company reported a total operating revenue of 193 million yuan for the first half of 2025, representing a year-on-year decline of 21.29% [1] - The net profit attributable to shareholders of the parent company was -65.4756 million yuan, which is a loss increase of 57.6731 million yuan compared to the same period last year [1] - The basic earnings per share were -0.27 yuan [1]

Core Viewpoint - The company intends to utilize part of its idle raised funds and self-owned funds for cash management to enhance efficiency and returns for the company and its shareholders [2][3][4]. Fundraising Overview - The company has issued 8,864,800 convertible bonds with a face value of 100 yuan each, raising a total of 886.48 million yuan, with a net amount of 870.00 million yuan after deducting fees [2]. Cash Management Details - The purpose of cash management is to improve the efficiency of idle funds while ensuring that it does not affect the construction and use of investment projects [3]. - The company plans to use up to 400 million yuan of idle raised funds and up to 600 million yuan of self-owned funds for cash management [3]. - Investment products will include safe and liquid options such as time deposits and wealth management products, with strict risk controls in place [3][4]. Impact on Daily Operations - The cash management will not affect the company's normal operations or the use of raised funds, ensuring that it does not harm the interests of shareholders, especially minority shareholders [4][6]. Approval Process - The board of directors approved the cash management plan on August 27, 2025, and the supervisory board also agreed to the decision, confirming compliance with relevant regulations [5][6].

Meeting Overview - The fifth meeting of the fifth board of directors of Yong'an Xing Technology Co., Ltd. was held on August 27, 2025, with all 9 directors present, ensuring compliance with relevant laws and regulations [1][2]. Financial Reports - The board approved the 2025 semi-annual report, which was reviewed by the audit committee and is available on the Shanghai Stock Exchange website [1][2]. - A special report on the use of raised funds for the first half of 2025 was also approved, following the guidelines set by the Shanghai Stock Exchange [2]. Capital Changes - The board approved a proposal to change the registered capital and business scope, which includes an increase in registered capital due to the conversion of bonds into shares, totaling 40,159,391 shares [2][3]. - The business scope will be adjusted to include "manufacturing and sales of new energy power equipment," without changing the main business operations [2]. Cash Management - The board approved the use of up to 400 million yuan of idle raised funds and up to 600 million yuan of self-owned funds for cash management, with a rolling usage period of 12 months [3]. Shareholder Meeting - The board agreed to convene the third temporary shareholders' meeting of 2025, with notifications to be published on the Shanghai Stock Exchange website [3][4].

Fundraising Overview - The company raised a total of RMB 886.48 million through the issuance of 8,864,800 convertible bonds, with a net amount of RMB 870 million after deducting issuance costs [1] - As of December 31, 2024, a total of RMB 573.56 million has been directly invested in fundraising projects [1] - By June 30, 2025, the actual investment of fundraising funds amounted to RMB 622.50 million [2] Fund Management - The company has established a tripartite supervision agreement with banks to manage the raised funds, ensuring compliance with regulations [1] - As of June 30, 2025, the total balance of the fundraising funds in designated bank accounts was RMB 51.41 million [1] Fund Usage - The company did not use any idle fundraising funds to temporarily supplement working capital during the reporting period [2] - There were no changes in the fundraising investment projects during the reporting period [2] - The company has not used any surplus funds for permanent working capital supplementation or to repay bank loans [3] Cash Management - The company has approved the use of up to RMB 400 million of idle fundraising funds and RMB 600 million of self-owned funds for cash management, with a rolling investment period of 12 months [3] - The company has invested in various financial products with expected annualized returns ranging from 2.09% to 2.19% [3]

Core Points - The company, Yong'an Xing Technology Co., Ltd., has announced changes to its registered capital and business scope, along with amendments to its Articles of Association [1][5] - The registered capital will increase from RMB 240.601181 million to RMB 280.760572 million, resulting in a total share capital increase from 240.601181 million shares to 280.760572 million shares [2][4] - The company will adjust its business scope to include "manufacturing and sales of new energy power equipment," while ensuring that its main business operations remain unchanged [3][4] Summary by Sections Registered Capital Changes - The registered capital will be revised to RMB 280.760572 million from RMB 240.601181 million [3][4] - The total number of shares will increase to 280.760572 million from 240.601181 million [2][4] Business Scope Adjustments - The company will add "manufacturing and sales of new energy power equipment" to its business scope [3][4] - The revised business scope will also include various artificial intelligence-related services and products, such as AI application system integration and hardware sales [3][4] Articles of Association Amendments - Specific articles in the Articles of Association will be amended to reflect the changes in registered capital and business scope [3][4] - Other provisions in the Articles of Association will remain unchanged [4]

证券代码：603776 证券简称：永安行 公告编号：2025-113 永安行科技股份有限公司 关于召开 2025 年半年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个别及连带责任。 重要内容提示： 永安行科技股份有限公司（以下简称"公司"）已于 2025 年 8 月 28 日发布公司 2025 年半年度报 告，为便于广大投资者更全面深入地了解公司 2025 年半年度经营成果、财务状况，公司计划于 2025 年 9 月 9 日（星期二）11:00-12:00 举行 2025 年半年度业绩说明会，就投资者关心的问题进行交 流。 一、说明会类型 本次投资者说明会以网络互动形式召开，公司将针对 2025 年半年度的经营成果及财务指标的具 体情况与投资者进行互动交流和沟通，在信息披露允许的范围内就投资者普遍关注的问题进行回答。 二、说明会召开的时间和形式 （一）会议召开时间：2025 年 9 月 9 日（星期二）11:00-12:00 ? 会议召开时间：2025 年 9 月 9 日（星期二）11:00-12:00 ? 会议召 ...

Core Viewpoint - The company has approved the use of idle raised funds and self-owned funds for cash management, aiming to enhance fund utilization efficiency and maximize shareholder returns [1][2][3]. Summary of Key Points Fund Management Plan - The company plans to use up to 400 million RMB of idle funds from its public offering of convertible bonds and up to 600 million RMB of its own funds for cash management within a 12-month period [1][2]. - The funds can be rolled over within the approved limits, and the management team is authorized to handle the purchase of financial products [1][2][3]. Purpose and Benefits - The cash management initiative aims to increase returns on idle funds while ensuring that the normal operations and investment plans of the company are not affected [2][3]. - The company will invest in low-risk, highly liquid financial products, such as time deposits and certificates of deposit, ensuring that these funds are not used for speculative investments [2][3]. Oversight and Compliance - The company will adhere to regulatory requirements and ensure that the cash management does not alter the intended use of raised funds, protecting the interests of all shareholders, especially minority shareholders [3][5][6]. - The board of directors and supervisory board have approved the cash management plan, confirming compliance with relevant regulations [5][6].

Core Viewpoint - The report highlights significant declines in revenue and net profit for Youon Technology Co., Ltd. during the first half of 2025, attributed to weakened market demand and increased provisions for bad debts [2][3][7]. Company Overview and Financial Indicators - Youon Technology Co., Ltd. reported a total revenue of CNY 193.16 million for the first half of 2025, a decrease of 21.29% compared to CNY 245.42 million in the same period last year [2][3]. - The total profit for the period was a loss of CNY 64.55 million, a drastic increase in loss of 4145.46% from a loss of CNY 1.52 million in the previous year [2][3]. - The net profit attributable to shareholders was a loss of CNY 65.48 million, down 739.17% from a loss of CNY 7.80 million in the same period last year [2][3]. - The net cash flow from operating activities was CNY 34.33 million, a decrease of 44.66% from CNY 62.03 million in the previous year [2][3]. - Total assets decreased by 3.70% to CNY 4.25 billion from CNY 4.41 billion at the end of the previous year [2][3]. Industry Overview - The report discusses the rapid growth of the shared mobility market, particularly in shared bicycles, which are increasingly recognized as a vital part of urban transportation [7]. - Hydrogen energy is highlighted as a key component in the global energy transition, with increasing national strategies being implemented worldwide, including in China [7][8]. - The hydrogen two-wheeler industry is positioned as a promising market, offering advantages such as safety, speed, comfort, and zero pollution, catering to daily commuting and short-distance travel needs [7][8]. - The hydrogen fuel cell industry is emphasized for its efficiency and zero-carbon potential, with government support driving its development [4][5][6]. - The report notes the establishment of a comprehensive hydrogen energy ecosystem, integrating production, storage, and usage, which aligns with the company's strategic goals [14][15]. Business Operations - Youon Technology's main business includes public bicycle and shared mobility services, effectively addressing the "last mile" transportation issue for residents [7][8]. - The company has developed hydrogen-powered two-wheelers and hydrogen production and refueling systems, enhancing its service offerings in the hydrogen energy sector [7][8]. - The company has made significant investments in research and development, with a focus on hydrogen energy technologies and smart living solutions [10][13]. Competitive Advantages - The company benefits from extensive experience in the mobility sector, having developed a strong operational and technical foundation over the years [12][13]. - Youon Technology has established a leading position in the hydrogen energy industry through early investments and continuous innovation [13][14]. - The recent acquisition of a controlling stake by Hello Group is expected to enhance the company's resource capabilities and operational efficiency [15].

Core Insights - The company, Yong'an Xing Technology Co., Ltd., reported a significant decline in financial performance for the first half of 2025, with total assets decreasing by 3.70% compared to the previous year, amounting to CNY 4.25 billion [1] - The net profit attributable to shareholders saw a drastic drop of 739.17%, resulting in a loss of CNY 65.48 million, compared to a loss of CNY 7.80 million in the same period last year [1] - Operating revenue decreased by 21.29%, totaling CNY 193.16 million, down from CNY 245.42 million in the previous year [1] Financial Performance - Total assets at the end of the reporting period were CNY 4,247,583,796, a decrease of 3.70% from CNY 4,410,979,235.61 at the end of the previous year [1] - The net assets attributable to shareholders were CNY 3,035,756,295.89, reflecting a decrease of 3.25% from CNY 3,137,826,774.00 [1] - The net cash flow from operating activities was CNY 34,329,518.13, down 44.66% from CNY 62,032,945.24 in the previous year [1] Shareholder Information - The total number of shareholders at the end of the reporting period was 16,576 [1] - The largest shareholder, Sun Jisheng, holds 24.69% of the shares, amounting to 59,550,069 shares [3] - The new controlling shareholder is Shanghai Hamou Business Consulting Co., Ltd., with Yang Lei as the actual controller [3]

Meeting Overview - The fifth meeting of the supervisory board of Yong'anxing Technology Co., Ltd. was held on August 27, 2025, combining on-site and remote voting methods, and was convened by Chairwoman Wu Xiaohua [1] - The meeting was legally valid with all three supervisors present, complying with relevant laws and regulations [1] Financial Reporting - The supervisory board approved the company's 2025 semi-annual report and summary, confirming that the preparation and review processes met legal and internal management requirements, accurately reflecting the company's operational and financial status [1][2] - The voting result for this agenda was unanimous, with 3 votes in favor [2] Fund Management - The supervisory board approved the special report on the storage and actual use of raised funds for the first half of 2025, stating that the management of these funds complied with relevant regulations and did not harm the interests of the company or its shareholders [2] - The voting result for this agenda was also unanimous, with 3 votes in favor [2] Cash Management - The supervisory board approved the proposal to use up to 400 million yuan of idle raised funds and up to 600 million yuan of self-owned funds for cash management, confirming that the decision-making process adhered to relevant regulations [2] - The voting result for this agenda was unanimous, with 3 votes in favor [2]