Core Viewpoint - The stock of Beijing Zhiyuan Interconnect Software Co., Ltd. has experienced a decline in recent trading sessions, with a year-to-date increase of 30.99% but a notable drop of 18.43% over the past 20 days [1][2]. Company Overview - Beijing Zhiyuan Interconnect Software Co., Ltd. was established on April 2, 2002, and went public on October 31, 2019. The company specializes in providing collaborative management software products, solutions, platforms, and cloud services [2]. - The revenue composition of the company includes 84.68% from collaborative management software products, 15.15% from technical services, and 0.17% from market sponsorship services [2]. - The company operates within the computer software development industry, specifically in horizontal general software, and is associated with various concept sectors such as ERP, AI Agent, small-cap stocks, smart governance, and smart agriculture [2]. Financial Performance - For the first half of 2025, the company reported a revenue of 338 million yuan, representing a year-on-year decrease of 15.98%. The net profit attributable to the parent company was -135 million yuan, a significant decline of 98.02% compared to the previous year [2]. - Since its A-share listing, the company has distributed a total of 145 million yuan in dividends, with 37.28 million yuan distributed over the past three years [3]. Shareholder Information - As of June 30, 2025, the number of shareholders increased by 5.36% to 6,976, while the average circulating shares per person decreased by 5.09% to 16,516 shares [2]. - Notable shareholders include Noan Active Return Mixed A and Yifangda New Normal Mixed, with the latter being a new entrant among the top ten circulating shareholders [3].

Group 1 - The core viewpoint of the news highlights the recent stock performance and financial metrics of Zhiyuan Huilian, indicating a 33.78% increase in stock price year-to-date, but a decline of 20.09% over the past 20 days [1] - As of June 30, 2025, Zhiyuan Huilian reported a revenue of 338 million yuan, a year-on-year decrease of 15.98%, and a net profit attributable to shareholders of -135 million yuan, a significant decline of 98.02% [2] - The company has a market capitalization of 3.094 billion yuan and a trading volume of 62.27 million yuan, with a turnover rate of 2.03% [1] Group 2 - Zhiyuan Huilian's main business involves providing collaborative management software products, solutions, and cloud services, with 85.12% of revenue coming from collaborative management software products [2] - The company has cumulatively distributed dividends of 145 million yuan since its A-share listing, with 37.28 million yuan distributed over the past three years [3] - As of June 30, 2025, the number of shareholders increased by 5.36% to 6,976, while the average circulating shares per person decreased by 5.09% to 16,516 shares [2]

Company Overview - Zhiyuan Interconnect Software Co., Ltd. is located in Haidian District, Beijing, and was established on April 2, 2002. The company went public on October 31, 2019. Its main business involves providing collaborative management software products, solutions, platforms, and cloud services, integrating design, development, sales, and service of collaborative management products [1]. Financial Performance - As of the latest report, Zhiyuan Interconnect's stock price is 27.76 CNY per share, with a trading volume of 150 million CNY and a turnover rate of 4.61%. The total market capitalization is 3.198 billion CNY [1]. - The revenue composition of the company is as follows: 85.12% from collaborative management software products, with the A8 series contributing 71.93%. Technical services account for 14.60%, with the G6 series at 6.65%, A9 series at 2.42%, third-party products at 1.49%, A6 series at 1.47%, and other products at 1.15% [1]. Fund Holdings - According to data, Guolian Fund has one fund heavily invested in Zhiyuan Interconnect. The Guolian Growth Preferred Mixed A Fund (010008) held 60,200 shares in the second quarter, representing 4.62% of the fund's net value, ranking as the tenth largest holding. The estimated floating loss today is approximately 88,400 CNY [2]. - The Guolian Growth Preferred Mixed A Fund was established on November 18, 2020, with a latest scale of 20.53 million CNY. Year-to-date returns are 15.96%, ranking 4799 out of 8184 in its category, while the one-year return is 35.64%, ranking 4011 out of 7971 [2]. Fund Manager Performance - The fund managers of Guolian Growth Preferred Mixed A Fund are Wang Kehan and Du Chao. As of the latest report, Wang Kehan has been in position for 4 years and 176 days, managing assets totaling 34.3982 million CNY, with the best fund return during his tenure at 4.59% and the worst at -12.37% [3]. - Du Chao has been in position for 1 year and 319 days, managing assets of 2.074 billion CNY, with the best fund return during his tenure at 52% and the worst at -14.54% [3].

Group 1 - The company held its first extraordinary general meeting of shareholders on September 1, 2025, with no rejected proposals [2][3] - The meeting was conducted in accordance with the Company Law and the company's articles of association, combining on-site and online voting [3][4] - All directors and supervisors attended the meeting, ensuring a quorum was present [4] Group 2 - The following proposals were approved at the meeting: the 2025 Restricted Stock Incentive Plan, its management measures, and the authorization for the board to handle related matters [5][6][7] - The voting results indicated that proposals requiring special resolutions received over two-thirds approval, while ordinary resolutions received more than half [6][7] Group 3 - The company conducted a self-examination regarding insider trading related to the 2025 Restricted Stock Incentive Plan, confirming no insider trading occurred during the review period [9][10] - Three individuals were found to have trading records, but their actions were based on publicly available information, not insider information [10][11] Group 4 - The company announced the first grant of restricted stock on September 1, 2025, at a price of 22.06 yuan per share, granting a total of 2.64 million shares to 278 eligible participants [14][16][18] - The total number of shares granted represents approximately 2.2913% of the company's total share capital at the time of the plan's announcement [16][23] Group 5 - The company confirmed that the conditions for granting the restricted stock were met, with no disqualifying circumstances for either the company or the participants [19][21] - The board and supervisory committee verified the eligibility of the participants and the compliance of the granting process with relevant regulations [22][40] Group 6 - The company utilized the Black-Scholes model to calculate the fair value of the restricted stock, with parameters including a stock price of 29.23 yuan per share and a historical volatility of approximately 19.995% [30][31] - The estimated impact of the stock incentive plan on the company's financial performance will be assessed in accordance with accounting standards [31][32]

Core Viewpoint - Zhiyuan Huilian announced the approval of the proposal to grant restricted stock to incentive objects during the 17th meeting of the third supervisory board [2] Group 1 - The company held its 17th meeting of the third supervisory board on September 1 [2] - The meeting resulted in the approval of the proposal regarding the initial grant of restricted stock [2]

Group 1 - The core point of the article is that Zhiyuan Huilian announced the holding of its first extraordinary general meeting of shareholders in 2025 on September 1, 2025, to review and approve several proposals, including the authorization for the board of directors to handle matters related to the company's 2025 restricted stock incentive plan [2] Group 2 - The company is set to discuss the authorization of the board regarding the 2025 restricted stock incentive plan, indicating a strategic move to incentivize employees and align their interests with shareholders [2] - The announcement reflects the company's ongoing efforts to enhance its governance and incentivize performance through equity-based compensation [2] - The timing of the meeting and the proposals suggest a proactive approach by the company to engage shareholders and ensure alignment on future growth strategies [2]

Core Viewpoint - The company, Zhiyuan Huilian, announced the approval of a proposal to grant restricted stock to incentive targets during the 20th meeting of its third board of directors [2] Company Summary - The board meeting took place on the evening of September 1, where the proposal regarding the initial grant of restricted stock was reviewed and approved [2]

Group 1 - The board of directors of Beijing Zhiyuan Huilian Software Co., Ltd. held its 20th meeting of the third session on September 1, 2025, with all 7 directors present, confirming the meeting's legality and effectiveness [1][2] - The board approved the proposal to grant restricted stock to 278 eligible incentive recipients, with a total of 2.64 million shares to be granted at a price of 22.06 yuan per share, effective from September 1, 2025 [2]

Group 1 - The company held its 17th meeting of the third supervisory board on August 27, 2025, which was legally convened and valid [1] - The supervisory board approved the proposal for the initial grant of restricted stock to incentive objects, confirming that the company meets the qualifications for implementing the stock incentive plan [1][2] - The initial grant date for the incentive plan is set for September 1, 2025, with a grant price of 22.06 yuan per share for 2.64 million shares to 278 eligible incentive objects [2]

Meeting Overview - The shareholders' meeting was held on September 1, 2025, at a designated location in Beijing [1] - A total of 66 ordinary shareholders attended the meeting, holding 26,697,226 voting rights, which accounts for 24.1858% of the company's total voting rights [1] Voting Process - The meeting utilized a combination of on-site and online voting, presided over by Chairman Xu Shi, and complied with relevant laws and regulations [2] - The attendance included directors, supervisors, and the board secretary [2] Proposal Review - All proposals were approved during the meeting, with voting results indicating strong support from ordinary shareholders [3][4] - Specific voting results showed that for the first proposal, 26,436,538 votes (99.0467%) were in favor, with 246,245 votes (0.9226%) against [3] - The second proposal received 26,436,738 votes (99.0474%) in favor, with 245,245 votes (0.9188%) against [3] Legal Compliance - The meeting's procedures and voting processes were confirmed to be in accordance with the Company Law and other relevant regulations, ensuring the legality and validity of the resolutions made [5]