Core Viewpoint - Yong'an Xing's stock price has shown significant volatility, with a year-to-date increase of 74.53%, but recent financial performance indicates a decline in revenue and net profit [1][2]. Group 1: Stock Performance - On September 18, Yong'an Xing's stock price decreased by 2.03%, trading at 22.20 CNY per share with a total market capitalization of 6.233 billion CNY [1]. - The stock has experienced a year-to-date increase of 74.53%, with a 5-day increase of 5.76%, a 20-day increase of 0.05%, and a 60-day increase of 11.73% [1]. - The company has appeared on the trading leaderboard five times this year, with the most recent instance on June 26, where it recorded a net buy of -32.5976 million CNY [1]. Group 2: Financial Performance - For the first half of 2025, Yong'an Xing reported operating revenue of 193 million CNY, a year-on-year decrease of 21.29%, and a net profit attributable to shareholders of -65.4756 million CNY, a decline of 739.17% [2]. - The company has distributed a total of 438 million CNY in dividends since its A-share listing, with 158 million CNY distributed over the past three years [3]. Group 3: Business Overview - Yong'an Xing, established on August 24, 2010, and listed on August 17, 2017, specializes in the development, sales, construction, and operation of shared mobility systems based on IoT and big data analysis [2]. - The revenue composition includes system operation services (35.18%), shared mobility services (21.06%), hydrogen products and services (19.40%), smart living services (13.76%), and system sales (10.59%) [2]. - The company operates within the automotive sector, specifically in motorcycles and related services, and is associated with concepts such as bike-sharing, small-cap stocks, smart transportation, ride-hailing, and sharing economy [2].

Core Viewpoint - The article discusses the challenges and risks faced by Hello's financial service platform "Zhen You Qian" as it approaches the implementation of new lending regulations, highlighting its reliance on a loan facilitation model without direct lending licenses, and the implications of high interest rates and personal data handling practices [2][3][19]. Group 1: Business Model and Regulatory Challenges - Hello has been operating its financial service "Zhen You Qian" for six years but lacks key licenses for direct lending, relying instead on a loan facilitation model [3][19]. - The company has a loan balance exceeding 400 billion yuan, positioning it in the upper-middle tier of the loan facilitation industry [3]. - With the upcoming implementation of the "Lending New Regulations," Hello's current partnerships may be deemed non-compliant if it does not make it onto the "white list" of approved institutions [7][19]. Group 2: Partnerships and Collaborations - Hello collaborates with a wide range of financial institutions, including 16 financing guarantee agencies and around 70 third-party institutions, indicating a broad but complex partnership network [4][5]. - Despite having multiple partnerships, only a few institutions have officially recognized Hello as a compliant partner, raising concerns about the sustainability of its business model [7]. Group 3: Interest Rates and Financial Practices - The platform's annualized interest rates range from 4.9% to 36%, with the latter exceeding the judicial protection limit of 24%, raising ethical and legal concerns [8][10]. - Complaints from users indicate that the total cost of borrowing, including various fees, can significantly exceed the advertised interest rates, leading to accusations of predatory lending practices [11][13][14]. Group 4: Data Privacy and Compliance Issues - Hello has faced scrutiny over its handling of personal data, with reports indicating violations related to the collection and sharing of user information without proper consent [17][18]. - The company has been flagged for not adequately informing users about the extent of data collection and for sharing personal information with numerous third parties [17][18]. Group 5: Future Outlook and Risks - The company's aggressive financial strategies, driven by pressure to achieve profitability amid stagnant growth in its core bike-sharing business, may lead to increased regulatory scrutiny and potential penalties [11][19]. - The acquisition of a controlling stake in a listed company does not provide Hello with direct lending capabilities, leaving it vulnerable to regulatory changes that could impact its financial operations [20].

Core Viewpoint - The motorcycle and other sectors experienced a significant increase of 3.19% on September 17, with Longxin General leading the gains [1] Group 1: Market Performance - The Shanghai Composite Index closed at 3876.34, up by 0.37% [1] - The Shenzhen Component Index closed at 13215.46, up by 1.16% [1] Group 2: Individual Stock Performance - Longxin General (603766) closed at 12.99, with a rise of 6.74% and a trading volume of 628,400 shares, amounting to a transaction value of 799 million yuan [1] - Taotao Industry (301345) closed at 221.60, up by 6.27% with a trading volume of 21,900 shares, totaling 479 million yuan [1] - Ninebot Company (6000689) closed at 70.32, increasing by 4.89% with a trading volume of 244,000 shares, resulting in a transaction value of 1.704 billion yuan [1] - Chunfeng Power (603129) closed at 290.32, up by 4.52% with a trading volume of 19,800 shares, totaling 564 million yuan [1] - Yong'an Xing (603776) closed at 22.66, increasing by 3.85% with a trading volume of 127,400 shares, amounting to 289 million yuan [1] - Huayang Saiche (834058) closed at 41.01, up by 3.30% with a trading volume of 23,900 shares, totaling 9.529 million yuan [1] - Lvtong Technology (301322) closed at 34.45, increasing by 3.17% with a trading volume of 56,300 shares, amounting to 193 million yuan [1] - Qianli Technology (601777) closed at 11.88, up by 2.59% with a trading volume of 565,700 shares, totaling 663 million yuan [1] - Jiuqi Co., Ltd. (300994) closed at 19.41, increasing by 2.10% with a trading volume of 86,800 shares, amounting to 170 million yuan [1] - Yuanma Technology (603529) closed at 34.87, up by 1.13% with a trading volume of 67,600 shares [1] Group 3: Capital Flow - The motorcycle and other sectors saw a net inflow of 254 million yuan from main funds, while retail funds experienced a net outflow of 129 million yuan and 125 million yuan respectively [1]

Group 1 - The core point of the announcement is the resolution of the third extraordinary general meeting of shareholders held by Yong'anxing Technology Co., Ltd. on September 16, 2025, which included the approval of a proposal to change the registered capital and business scope, as well as the revision of the company's articles of association [1][4][6] - The meeting was held in compliance with the Company Law and the company's articles of association, and was presided over by the company's director Wu Peigang [2][4] - A total of 8 out of 9 current directors attended the meeting, along with all 3 supervisors and key executives including the general manager and financial officer [3][4] Group 2 - The proposal regarding the change of registered capital and business scope was passed with more than two-thirds of the voting rights held by attending shareholders [4] - The meeting was witnessed by Beijing Haiwen Law Firm, which confirmed that the procedures for convening and conducting the meeting were in accordance with relevant laws and the company's articles of association [5]

中国国际金融股份有限公司 关于 永安行科技股份有限公司 收购报告书 之 2025 年第二季度持续督导意见 中国国际金融股份有限公司（以下简称"中金公司"、"本财务顾问"）接受上海哈茂 商务咨询有限公司（以下简称"上海哈茂"）和杨磊（与上海哈茂合称"收购人"）委托， 担任其收购永安行科技股份有限公司（以下简称"上市公司"、"公司"、"永安行"）之 财务顾问，持续督导期为收购报告书公告日起至收购完成后的 12 个月止，即 2025 年 3 月 20 日至收购完成后的 12 个月止。根据相关法律法规规定，本财务顾问出具 2025 年 第二季度（即 2025 年 4 月 1 日至 2025 年 6 月 30 日，以下简称"本持续督导期"）的持 续督导意见。 一、交易资产的交付或过户情况 （一）本次收购情况概述 2025 年 3 月 14 日，上海哈茂与孙继胜、常州远为投资中心（有限合伙）（以下简 称"常州远为"）、索军、陶安平及黄得云签署了《上海哈茂商务咨询有限公司与孙继胜、 常州远为投资中心（有限合伙）、索军、陶安平、黄得云之股份转让协议》，上海哈茂 协议受让孙继胜及其一致行动人常州远为，以及索军、陶安平及黄得云合 ...

北京市海问律师事务所 关于永安行科技股份有限公司 2025 年第三次临时股东会的 法律意见书 1 致：永安行科技股份有限公司 根据《中华人民共和国证券法》《中华人民共和国公司法》《上市公司股东大会 规则》（以下统称"有关法律"）及《永安行科技股份有限公司章程》（以下称"公司章 程"）的规定，北京市海问律师事务所（以下称"本所"）作为永安行科技股份有限公司 （以下称"公司"）的特聘法律顾问，应公司的要求，指派胡基律师以及顾雨清律师（以 下合称"本所律师"）出席公司于 2025 年 9 月 16 日召开的永安行科技股份有限公司 2025 年第三次临时股东会（以下称"本次会议"），对本次会议召开的合法性进行见证，并 依法出具本法律意见书。 在本法律意见书中，本所律师仅对本次会议召集和召开的程序、出席本次会议人 员的资格及表决程序是否符合有关法律和公司章程的规定以及本次会议审议议案的表 决结果发表意见，并不对本次会议所审议的议案内容以及该等议案所表述的事实或数 据的真实性和准确性发表意见。本所律师假定公司提交给本所律师的资料（包括但不 限于有关人员的居民身份证、股票账户卡、授权委托书、营业执照等）真实、完整， 资料上 ...

证券代码：603776 证券简称：永安行 公告编号：2025-121 永安行科技股份有限公司 重要内容提示： 2025年第三次临时股东会决议公告 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。 本次会议是否有否决议案：无 一、 会议召开和出席情况 (一) 股东会召开的时间：2025 年 9 月 16 日 | 1、出席会议的股东和代理人人数 | 244 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 44,310,460 | | 3、出席会议的股东所持有表决权股份数占公司有表决权股份总数的比例（%） | 17.99 | (四) 表决方式是否符合《公司法》及《公司章程》的规定，大会主持情况等。 本次会议符合《公司法》和《公司章程》的规定，会议的召开及议案表决合法有效。会 议由公司董事会召集，公司董事吴佩刚先生主持了会议。 (五) 公司董事、监事和董事会秘书的出席情况 1 (二) 股东会召开的地点：常州市新北区汉江路 399 号 (三) 出席会议的普通股股东和恢复表决权的优先股股东及其持有股份 ...

Group 1 - The A-share market has seen a strong performance in storage chip stocks, with notable gains in companies such as Yiatong and Shanghai Beiling reaching the daily limit, while Demingli increased by over 8% [1] - The following companies experienced significant price increases: Yiatong (10.02%), Shanghai Beiling (10.00%), Demingli (8.85%), and Yong'anxing (5.14%) [2] - The year-to-date performance of these stocks shows substantial growth, with Demingli up 92.32% and Dongxin shares up an impressive 362.65% [2] Group 2 - The total market capitalization of Yiatong is 14.3 billion, while Shanghai Beiling stands at 27.6 billion [2] - The MACD golden cross signal formation indicates a positive trend for these stocks, suggesting continued upward momentum [1]

Group 1 - The stock price of Yong'an Xing increased by 2.17% on September 15, reaching 21.65 CNY per share, with a total market capitalization of 6.078 billion CNY [1] - Year-to-date, Yong'an Xing's stock price has risen by 70.20%, with a recent 5-day increase of 6.55% and a 20-day decrease of 6.20% [1] - The company has appeared on the trading leaderboard five times this year, with the most recent occurrence on June 26, where it recorded a net buy of -32.5976 million CNY [1] Group 2 - Yong'an Xing Technology Co., Ltd. was established on August 24, 2010, and went public on August 17, 2017, focusing on shared mobility systems based on IoT and big data analysis [2] - The company's revenue composition includes system operation services (35.18%), shared mobility services (21.06%), hydrogen products and services (19.40%), smart living services (13.76%), and system sales (10.59%) [2] - As of June 30, the number of shareholders increased by 5.04% to 16,600, with an average of 14,549 circulating shares per person, a decrease of 4.58% [2] Group 3 - Yong'an Xing has distributed a total of 438 million CNY in dividends since its A-share listing, with 158 million CNY distributed in the last three years [3]

Group 1 - The core viewpoint of the news is that 永安行 has shown significant stock performance with a year-to-date increase of 68.40%, despite recent fluctuations in trading volume and net capital outflow [1] - As of September 12, 永安行's stock price reached 21.42 CNY per share, with a total market capitalization of 6.014 billion CNY [1] - The company has been active in the stock market, appearing on the龙虎榜 five times this year, with the most recent appearance on June 26, where it recorded a net buy of -32.5976 million CNY [1] Group 2 - 永安行科技股份有限公司, established on August 24, 2010, specializes in the development, sales, construction, and operation of shared mobility systems based on IoT and big data analysis [2] - The company's revenue composition includes system operation services (35.18%), shared mobility services (21.06%), hydrogen products and services (19.40%), smart living services (13.76%), and system sales (10.59%) [2] - As of June 30, the number of shareholders increased by 5.04% to 16,600, while the average circulating shares per person decreased by 4.58% to 14,549 shares [2] Group 3 - Since its A-share listing, 永安行 has distributed a total of 438 million CNY in dividends, with 158 million CNY distributed over the past three years [3]