Group 1 - The core business of Yongxin Zhicheng focuses on technology innovation in the cybersecurity sector, with main revenue sources being digital wind tunnel operations (50.03%), network range products (42.01%), and security protection (7.96%) [1] - As of September 5, Yongxin Zhicheng's financing balance reached 118 million yuan, accounting for 6.57% of its market capitalization, indicating a high level of financing activity [1] - The company reported a significant decrease in revenue for the first half of 2025, with total revenue of 85.28 million yuan, down 14.86% year-on-year, and a net profit loss of 42.05 million yuan, a decrease of 127.72% [2] Group 2 - As of June 30, 2025, the number of shareholders for Yongxin Zhicheng increased to 6,069, up 59.08% from the previous period, while the average circulating shares per person decreased by 7.40% to 12,010 shares [2] - Since its A-share listing, Yongxin Zhicheng has distributed a total of 36.03 million yuan in dividends [3] - Among the top ten circulating shareholders, Bosera Military Industry Theme Stock A increased its holdings by 1.99 million shares, while Bosera New Growth Mixed Fund also saw an increase of 307,100 shares [3]

Investment Rating - The report maintains a "Strong Buy" rating for the company, expecting it to outperform the benchmark index by over 20% in the next six months [2][19]. Core Views - The company reported a revenue of 0.85 billion yuan for the first half of 2025, a year-on-year decline of 14.86%. The net profit attributable to shareholders was a loss of 0.42 billion yuan, compared to a loss of 0.18 billion yuan in the same period last year [2]. - The company is accelerating the promotion of its digital wind tunnel and building an AI "native security" system [2]. - Despite short-term revenue pressure, the company continues to increase its R&D investment, with R&D expenses reaching 47.44 million yuan in the first half of 2025, a year-on-year increase of 2.05% [2][9]. Financial Summary - Revenue projections for 2025-2027 are adjusted to 4.26 billion yuan, 5.18 billion yuan, and 6.27 billion yuan, respectively [2][10]. - The net profit attributable to shareholders is projected to be 0.36 billion yuan, 0.65 billion yuan, and 1.00 billion yuan for 2025-2027 [2][10]. - The company’s price-to-earnings ratio (P/E) is expected to decrease from 469 in 2024 to 40 in 2027, indicating improved profitability over time [10]. Market Position and Strategy - The company is expanding its digital wind tunnel product system into various fields, including digital government testing, data security testing, and industrial internet security testing [9]. - The company is also focusing on AI safety, developing a comprehensive AI "native security" capability system to ensure the health and safety of AI models across multiple dimensions [9].

Core Viewpoint - The financial performance of Yongxin Zhicheng (688244) for the first half of 2025 shows significant declines in revenue and net profit, indicating challenges in the current economic environment and operational efficiency [1][5]. Financial Performance - Total revenue for the first half of 2025 was 85.28 million yuan, a decrease of 14.86% year-on-year [1]. - The net profit attributable to shareholders was -42.05 million yuan, down 127.72% compared to the previous year [1]. - The gross margin was 51.51%, a decline of 6.51% year-on-year, while the net margin was -49.94%, a drop of 162.64% [1]. - The total of selling, administrative, and financial expenses reached 46.70 million yuan, accounting for 54.76% of revenue, an increase of 26.15% year-on-year [1]. - The company reported a significant increase in accounts receivable, which reached 3891.19% of the latest annual net profit [1][2]. Business Model and Strategy - The company relies heavily on research and marketing to drive its business performance, with a focus on enhancing core technology and competitiveness through talent acquisition and R&D investment [2][5]. - The "Digital Wind Tunnel" product system has shown growth, achieving revenue of 42.67 million yuan, a year-on-year increase of 13.49% [5][9]. - The company has established a subsidiary focused on AI and is actively developing products in this field, including the "Yuanfang" native security model [7][8]. Market Conditions and Future Outlook - The company faces challenges due to reduced budgets from key clients, leading to delays in project signings and deliveries [5][6]. - Despite current difficulties, the long-term outlook for the cybersecurity industry remains positive, with increasing demand for substantial compliance solutions [10]. - The company plans to enhance its market presence in emerging sectors such as AI, low-altitude economy, and intelligent driving, aiming for commercial viability in these areas [9][10].

永信至诚科技集团股份有限公司 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、准确性和完整性依法承担法律责任。 一、监事会会议召开情况 永信至诚科技集团股份有限公司（以下简称"公司"）第四届监事会第五次 会议于 2025 年 8 月 28 日在公司会议室以现场结合通讯方式召开。会议通知于 名，实际出席监事 5 名。本次会议由监事会主席任金凯召集并主持，公司董事 会秘书列席了会议。本次会议的召集与召开符合《中华人民共和国公司法》和 《永信至诚科技集团股份有限公司章程》（以下简称"《公司章程》"）及有关法 律、法规的规定，会议决议合法有效。 证券代码：688244 证券简称：永信至诚 公告编号：2025-027 二、监事会会议审议情况 全体监事以投票表决方式通过了以下议案： （一）审议通过《关于公司<2025年半年度报告>及其摘要的议案》 公司《2025年半年度报告》及其摘要的编制和审议程序符合相关法律法规 及《公司章程》等相关规定，公允地反映了公司2025年半年度的财务状况和经 营成果；在编制过程中，未发现公司参与半年度报告编制和审议的人员有违反 保密规定的 ...

Meeting Information - The shareholders' meeting is scheduled for September 15, 2025 [1] - Voting will be conducted through both on-site and online methods using the Shanghai Stock Exchange's voting system [1][4] - Online voting will be available from 9:15 AM to 3:00 PM on the day of the meeting [1][4] Voting Procedures - Shareholders can vote via the trading system or the internet voting platform [3][5] - Votes exceeding the number of shares held will be considered invalid [3] - The meeting will adopt a cumulative voting system for the election of directors and supervisors [5][14] Attendance and Registration - Only shareholders registered by the close of trading on September 10, 2025, are eligible to attend [5] - Proxy representatives can attend the meeting but must provide necessary documentation [5][12] Additional Information - The meeting is expected to last half a day, with attendees responsible for their own travel and accommodation costs [6] - Attendees should arrive at least 30 minutes early for registration [6]

Core Viewpoint - The company reported a significant increase in R&D investment and continued to explore new applications in emerging fields, despite a net loss in profit for the first half of 2025 [1][2]. Financial Performance - The company achieved operating revenue of 85.28 million yuan and a net profit attributable to shareholders of -42.05 million yuan during the reporting period [1]. - R&D investment reached 47.44 million yuan, representing a year-on-year growth of 2.05%, with R&D expenses accounting for 55.64% of operating revenue, an increase of 9.22 percentage points year-on-year [1]. Business Development - The company accelerated its exploration and application of testing and evaluation services in AI, low-altitude economy, and satellite applications, with its "digital wind tunnel" product system gaining market recognition [1]. - The "digital wind tunnel" innovation track generated operating revenue of 42.67 million yuan, reflecting a year-on-year growth of 13.49% [1]. Product Innovation - The company launched the "Yuanfang" series of products and solutions, featuring a large model integrated machine with "native security" attributes, and introduced its first AI education product, the "Yuanfang-AI Teaching Training Platform" [2]. - The "Yuanfang" native security large model integrated machine has supported multiple industries in implementing AI engineering capabilities and has passed Huawei's Kunpeng development technology certification [2]. Strategic Partnerships - The company established a strategic partnership with Haiguang Information to jointly promote the safe and reliable implementation of AI applications based on Haiguang's CPU and DCU dual-chip technology [2]. Service Expansion - The company has built engineering facilities for AI large model digital health assessment, providing AI health and safety assessment services to numerous high-tech enterprises, state-owned enterprises, universities, and local governments [2]. - As of the end of the reporting period, the company has supported over 780 key event drills and real network testing evaluations, enhancing the overall defense capabilities across various industries [2].

Core Viewpoint - Yongxin Zhicheng Technology Group Co., Ltd. reported a revenue of 85.28 million yuan and a net loss of 42.05 million yuan for the first half of 2025, while increasing R&D investment in emerging application fields [2][3] Financial Performance - The company achieved a revenue of 85.28 million yuan, with a net loss of 42.05 million yuan during the reporting period [2] - R&D investment reached 47.44 million yuan, a year-on-year increase of 2.05%, accounting for 55.64% of total revenue, up 9.22 percentage points year-on-year [2] - Operating cash flow net outflow narrowed by 36.22% year-on-year [2] Product Development and Innovation - The company accelerated the construction of an AI "native security" capability system, launching multiple AI products [2][3] - The "Digital Wind Tunnel" product system generated revenue of 42.67 million yuan, a year-on-year growth of 13.49% [2] - The company introduced the "Yuanfang" series of products and the "Yuanfang—AI Teaching Training Platform" as part of its AI education offerings [3] Market Position and Strategy - The company maintains its leading position in the network shooting range market, holding the largest market share domestically [3][4] - The "Digital Wind Tunnel" innovation track has received market recognition, focusing on strategic goals and expanding market efforts [3] - The company has signed cooperation agreements for safety operations with various state-owned enterprises and institutions [4] Future Outlook - In the second half of 2025, the company plans to increase R&D and market development efforts in AI, embodied intelligence, low-altitude economy, intelligent driving, stablecoins, and RWA asset tokenization [4]

Core Viewpoint - The company reported a significant increase in R&D investment and revenue from its "Digital Wind Tunnel" product system, while also facing a net loss in the first half of 2025. Group 1: Financial Performance - The company achieved operating revenue of 85.28 million yuan and a net profit attributable to shareholders of -42.05 million yuan in the first half of 2025 [1] - R&D investment reached 47.44 million yuan, a year-on-year increase of 2.05%, accounting for 55.64% of operating revenue, up 9.22 percentage points year-on-year [1] - Operating cash flow net outflow narrowed by 36.22% year-on-year [1] Group 2: Product Development and Innovation - The company accelerated the construction of an AI "native security" capability system, launching multiple AI products to promote the safe application of AI [2] - The "Digital Wind Tunnel" product system generated revenue of 42.67 million yuan, a year-on-year increase of 13.49% [4] - The company introduced the "Yuanfang" series of products and solutions, which feature "native security" attributes and have been certified for compatibility with Huawei's Kunpeng 920 processor [2] Group 3: Market Position and Strategic Initiatives - The company maintains a leading position in the network range and talent development sectors, with a market share that remains the highest in the industry [5] - The company has won awards for its innovations in network security and has been involved in the construction of large-scale network range projects [5] - The company plans to continue expanding its product development and market efforts in emerging application scenarios such as AI, low-altitude economy, and intelligent driving [6]

Group 1 - The core viewpoint of the news is that Yongxin Zhicheng experienced a decline in stock price, dropping by 5.34% to 26.21 CNY per share, with a total market capitalization of 3.957 billion CNY [1] - Yongxin Zhicheng Technology Group Co., Ltd. is a network security enterprise focused on technological innovation, established on September 2, 2010, and listed on October 19, 2022 [1] - The company's main business revenue composition includes: digital wind tunnel and operation at 50.03%, network range and operation at 42.01%, and security protection and control at 7.96% [1] Group 2 - From the perspective of fund holdings, Taiping Fund has one fund heavily invested in Yongxin Zhicheng, specifically the Taiping Science and Technology Innovation Selected Mixed Fund A (019575), which held 22,700 shares, accounting for 4.87% of the fund's net value [2] - The fund has experienced a year-to-date return of 25.16% and a one-year return of 59.22%, ranking 2915 out of 8189 and 1878 out of 7969 in its category, respectively [2] - The fund manager, Yang Xingyuan, has been in position for 2 years and 134 days, with the best fund return during his tenure being 29.05% and the worst being -28.99% [3]

证券日报网讯8月28日晚间，永信至诚发布公告称，同意新增聘任张雪峰先生为公司副总经理。 ...