Core Viewpoint - Zhidu Co., Ltd. (000676) announced on September 19 that its data technology business is conducted by its subsidiary, Guangzhou Bilai Credit Service Co., Ltd. [1] Group 1: Business Operations - The company primarily serves B-end clients, including banks, consumer finance companies, insurance firms, automotive finance, and internet finance [1] - The company is also expanding into logistics service platforms, such as the road logistics service platform, Huochebang [1]

Core Viewpoint - The company, Zhidu Co., Ltd. (000676), focuses on its internet media business primarily in North America, leveraging both PC and mobile traffic entry points for revenue generation [1] Group 1: Business Overview - The internet media business is divided into PC and mobile traffic entry points, with the PC segment centered around search as a key traffic source [1] - The company has developed a diverse product portfolio, including a browser, security software, and email management software, to provide internet services [1] Group 2: Revenue Generation - Revenue is generated by analyzing advertising channels, user profiles, and customer acquisition effectiveness, which allows the company to distribute search requests to internet enterprises [1] - The mobile traffic entry business is developed around a matrix of mobile products [1]

Core Viewpoint - The company, Zhidu Co., Ltd. (000676), is actively expanding its business in various sectors including internet media, digital marketing, data technology, proprietary brands, blockchain, and the metaverse [1] Business Overview - The main business areas of the company include internet media and digital marketing [1] - The company is also developing related businesses in data technology, proprietary brands, blockchain, and the metaverse [1] - Additionally, the company is engaged in small-scale inclusive finance and supply chain finance [1] Strategic Focus - The company will continue to monitor opportunities in the development of new productive forces [1] - It aims to explore and expand its business layout in alignment with its circumstances [1]

Core Viewpoint - The company held an investor relations event to address key questions regarding its business operations and financial performance, highlighting growth in revenue but a decline in net profit. Group 1: Business Operations - The internet media business primarily targets North America, focusing on both PC and mobile traffic entry points, utilizing self-developed products for service monetization [2] - The data technology business, operated by a subsidiary, serves B-end clients such as banks and consumer finance companies, and has expanded to logistics service platforms [2] - The company is exploring AI applications in line with its business needs [2] Group 2: Financial Performance - In the first half of 2025, the company reported a 48.17% year-on-year increase in revenue, while net profit attributable to shareholders decreased by 18.81%. However, the net profit excluding non-recurring items increased by 72.08% [2] - The company plans to enhance cash flow management and optimize business structure and resource allocation [2] Group 3: Corporate Governance and Shareholder Relations - The company has not declared dividends due to negative retained earnings as of December 31, 2024, and has been using share buybacks to enhance shareholder returns [2] - The controlling shareholder holds a 16.52% stake, with a total of 24.85% when including concerted actions [2] - The company will disclose any developments regarding ongoing litigation involving its controlling shareholder [2]

Group 1: Business Overview - The company's internet media business primarily targets the North American market, focusing on both PC and mobile traffic entry points [2] - The PC traffic entry business revolves around search as a key internet traffic entry point, utilizing a diverse product portfolio including browsers and security software [2] - The data technology business, operated by a subsidiary, serves B-end clients across various sectors including banking and logistics [3] Group 2: Financial Performance - In the first half of 2025, the company reported a revenue increase of 48.17% year-on-year, while net profit attributable to shareholders decreased by 18.81% [3] - The net profit excluding non-recurring gains and losses increased by 72.08% year-on-year [3] - The company has a negative retained earnings balance as of December 31, 2024, which does not meet the conditions for dividend distribution [4] Group 3: Strategic Initiatives - The company is exploring AI technology applications in line with its business needs [3] - It emphasizes value enhancement and investor return through share buybacks and other measures [4] - The company is actively managing its market value and investor relations to boost investor confidence [4] Group 4: Risk Management - The company has been prudent in provisioning for loan losses, aligning with regulatory guidelines amid growing loan balances [4] - The coverage ratio and provisioning rate for loan losses meet the minimum regulatory requirements [4] - Ongoing litigation involving the controlling shareholder is not expected to impact the company's current or future profits [5]

Market Overview - On September 19, the advertising and marketing sector rose by 1.41%, with Yidian Tianxia leading the gains [1] - The Shanghai Composite Index closed at 3820.09, down 0.3%, while the Shenzhen Component Index closed at 13070.86, down 0.04% [1] Stock Performance - Yidian Tianxia (301171) closed at 33.04, up 4.89% with a trading volume of 407,400 shares [1] - Other notable gainers include: - Fenzhong Media (002027) at 8.33, up 3.48% with a trading volume of 1.3 million shares [1] - Xinhua Du (002264) at 7.76, up 2.78% with a trading volume of 660,400 shares [1] - The overall trading volume and turnover for the advertising marketing sector showed significant activity, with Fenzhong Media achieving a turnover of 1.069 billion yuan [1] Capital Flow - The advertising marketing sector experienced a net outflow of 145 million yuan from institutional investors, while retail investors saw a net inflow of 193 million yuan [2][3] - Key stocks in terms of capital flow include: - Yidian Tianxia with a net inflow of 77.69 million yuan from institutional investors [3] - Provincial Advertising Group (002400) with a net inflow of 67.64 million yuan from institutional investors [3] - Notably, retail investors showed a net outflow in several stocks, including Yidian Tianxia and Provincial Advertising Group [3]

Core Viewpoint - The stock of Zhidu Co., Ltd. has shown a significant increase in price and trading volume, indicating positive market sentiment and potential growth opportunities for the company [1][2]. Group 1: Stock Performance - On September 18, Zhidu's stock rose by 2.05%, reaching a price of 10.44 CNY per share, with a trading volume of 1.89 billion CNY and a turnover rate of 1.46%, resulting in a total market capitalization of 132.10 billion CNY [1]. - Year-to-date, Zhidu's stock price has increased by 23.40%, with a 4.09% rise over the last five trading days, 5.56% over the last twenty days, and 13.23% over the last sixty days [1]. Group 2: Financial Performance - For the first half of 2025, Zhidu reported a revenue of 2.166 billion CNY, reflecting a year-on-year growth of 46.70%. However, the net profit attributable to shareholders decreased by 18.81% to 82.475 million CNY [2]. - The company has distributed a total of 210 million CNY in dividends since its A-share listing, with no dividends paid in the last three years [2]. Group 3: Shareholder Structure - As of June 30, 2025, the number of shareholders for Zhidu decreased by 8.32% to 123,900, while the average number of circulating shares per person increased by 9.07% to 10,208 shares [2]. - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited holds 10.2737 million shares, an increase of 3.2473 million shares from the previous period [2].

关于参加2025年广东辖区投资者集体接待日 暨辖区上市公司中报业绩说明会的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚 假记载、误导性陈述或者重大遗漏。 为进一步加强与投资者的互动交流，智度科技股份有限公司（以下简称"公 司"）将参加由广东证监局、广东上市公司协会联合举办的"向新提质 价值领 航——2025 年广东辖区投资者集体接待日暨辖区上市公司中报业绩说明会"， 现将相关事项公告如下： 本次活动将采用网络远程的方式举行，投资者可登录"全景路演"网站 （http://rs.p5w.net）参与本次互动交流，活动时间为 2025 年 9 月 19 日（周 五）15:30-17:00。届时公司高管及相关人员将在线就 2025 年半年度业绩、公司 治理、发展战略、经营状况等投资者关心的问题，与投资者进行沟通与交流，欢 迎广大投资者踊跃参与！ 智度科技股份有限公司 关于参加 2025 年广东辖区投资者集体接待日 暨辖区上市公司中报业绩说明会的公告 证券代码：000676 证券简称：智度股份 公告编号：2025-026 智度科技股份有限公司 特此公告。 智度科技股份有限公司董事会 2025 ...

智度科技股份有限公司 关于控股股东的一致行动人股份解除冻结的公告 证券代码：000676 证券简称：智度股份 公告编号：2025-025 智度科技股份有限公司 关于控股股东的一致行动人股份解除冻结的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚 假记载、误导性陈述或者重大遗漏。 一、股东股份解除冻结基本情况 智度科技股份有限公司（以下简称"公司"）于近日接到公司控股股东北京 智度德普股权投资中心（有限合伙）的一致行动人智度集团有限公司（以下简称 "智度集团"）的《告知函》，并通过中国证券登记结算有限责任公司深圳分公 司系统查询，获悉智度集团所持公司部分股份已解除司法冻结。具体事项如下： 本次智度集团所持公司部分股份解除冻结系北京智度德正投资有限公司撤 回其提起的盈余分配纠纷诉讼，北京市西城区人民法院已同意撤诉并出具撤诉裁 定。本次股份解除冻结事项不会对公司正常经营产生影响。 公司将持续关注该事项的进展情况，按照法律法规的相关规定及时履行相应 的信息披露义务。敬请广大投资者注意投资风险。 三、备查文件 1、智度集团有限公司《告知函》； 1 | 股东名称 | 是否为控股 股东或第一 | | ...

Market Overview - The advertising and marketing sector increased by 0.35% on September 11, with ST Huayang leading the gains [1] - The Shanghai Composite Index closed at 3875.31, up 1.65%, while the Shenzhen Component Index closed at 12979.89, up 3.36% [1] Stock Performance - ST Huayang (603825) closed at 10.30, with a rise of 4.99% and a trading volume of 85,500 shares, totaling a transaction value of 88.02 million yuan [1] - Other notable performers included Qitian Technology (300061) with a 2.76% increase, and Yidian Tianxia (301171) with a 2.00% increase [1] Fund Flow Analysis - The advertising and marketing sector experienced a net outflow of 569 million yuan from institutional investors, while retail investors saw a net inflow of 668 million yuan [2] - The table of fund flow indicates that ST Huayang had a net inflow of 20.57 million yuan from institutional investors, while Qitian Technology had a net outflow of 32.98 million yuan [3]