Core Viewpoint - Dongxin Peace's stock price has shown significant volatility, with a year-to-date increase of 135.55%, but recent declines in the short term raise concerns about its performance [1][2]. Company Overview - Dongxin Peace Technology Co., Ltd. is located in Zhuhai, Guangdong Province, established on October 20, 1998, and listed on July 13, 2004. The company specializes in the production and sales of mobile communication smart cards, contactless smart cards, and related application systems [1]. - The main business revenue composition includes: smart card products 71.47%, digital security and platform business 27.05%, and others 1.48% [1]. Financial Performance - For the period from January to September 2025, Dongxin Peace reported operating revenue of 961 million yuan, a year-on-year decrease of 9.77%, and a net profit attributable to shareholders of 112 million yuan, down 5.45% year-on-year [2]. - The company has distributed a total of 541 million yuan in dividends since its A-share listing, with 227 million yuan distributed over the past three years [3]. Shareholder Information - As of September 30, 2025, the number of shareholders increased to 94,500, up 8.16% from the previous period, with an average of 6,135 circulating shares per person, a decrease of 7.54% [2]. - The top ten circulating shareholders include Hong Kong Central Clearing Limited as the third-largest shareholder, holding 9.34 million shares, an increase of 3.86 million shares from the previous period [3].

Core Insights - A total of 490 stocks in the Shanghai and Shenzhen markets have experienced net outflows of main funds for five consecutive days or more as of October 29 [1] - The stock with the longest continuous net outflow is Zhongju Gaoxin, with 31 days of outflows, followed by Hengshen New Materials with 21 days [1] - The largest total net outflow amount is from China Merchants Bank, with a cumulative outflow of 3.093 billion yuan over 12 days [1] Group 1: Stocks with Longest Net Outflows - Zhongju Gaoxin has seen net outflows for 31 days, with a total outflow of 559 million yuan and a cumulative decline of 6.91% [1] - Hengshen New Materials has recorded net outflows for 21 days, totaling 197 million yuan, with a decline of 9.80% [3] - China Merchants Bank has the highest net outflow amount of 3.093 billion yuan over 12 days, with a net outflow ratio of 6.98% and a cumulative increase of 1.65% [1] Group 2: Other Notable Stocks - Guotai Junan has experienced net outflows for 10 days, amounting to 1.877 billion yuan, with a net outflow ratio of 7.89% and a cumulative increase of 2.70% [1] - Shengbang Co. has seen net outflows for 12 days, totaling 1.826 billion yuan, with a net outflow ratio of 9.52% and a cumulative decline of 10.65% [1] - Huajian Group has recorded net outflows for 6 days, with a total outflow of 1.713 billion yuan and a significant decline of 40.29% [1] Group 3: Stocks with Significant Outflow Ratios - Jianan Intelligent has the highest net outflow ratio at 14.74%, with a decline of 2.98% over the past 5 days [1] - Other notable stocks with high outflow ratios include Huayi Development at 11.91% and Pianzaihuang at 11.84% [1] - The overall trend indicates a significant outflow of funds from various sectors, reflecting investor sentiment and market conditions [1]

Core Viewpoint - Dongxin Peace (002017.SZ) reported a decline in both revenue and net profit for the first three quarters of 2025 compared to the previous year [1] Financial Performance - The company achieved an operating income of 961 million yuan, representing a year-on-year decrease of 9.77% [1] - The net profit attributable to shareholders of the listed company was 112 million yuan, down 5.45% year-on-year [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 105 million yuan, reflecting a year-on-year decline of 3.90% [1]

Group 1 - The core viewpoint of the article is that Dongxin Peace (002017.SZ) reported a decline in both revenue and net profit for the first three quarters of the year [1] Group 2 - The company's operating revenue for the first three quarters was 960 million yuan, representing a year-on-year decrease of 9.77% [1] - The net profit attributable to shareholders of the listed company was 112 million yuan, down 5.45% year-on-year [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 100 million yuan, reflecting a year-on-year decline of 3.90% [1]

Company Overview - Dongxin Peace (SZ 002017) announced on October 28 that its 14th meeting of the 8th Board of Directors was held on October 27, 2025, combining on-site and remote voting methods [1] - The company reported that its revenue composition for the first half of 2025 was 99.28% from manufacturing and 0.72% from leasing [1] - As of the report date, Dongxin Peace has a market capitalization of 14.5 billion yuan [1] Industry Context - The A-share market has surpassed 4000 points, marking a significant resurgence after a decade of stagnation, with technology leading the market's transformation [1] - A new "slow bull" market pattern is emerging, indicating a potential shift in investment dynamics within the industry [1]

Core Insights - The company reported a revenue of 321 million yuan for the third quarter, representing a decline of 6.68% [1] - The net profit for the third quarter was 31.9651 million yuan, down 19.32% [1] - For the first three quarters, the total revenue was 961 million yuan, a decrease of 9.77% [1] - The net profit for the first three quarters was 112 million yuan, reflecting a decline of 5.45% [1]

Financial Performance - Q3 2025 revenue was CNY 320,781,312.31, a decrease of 6.68% year-over-year, and year-to-date revenue was CNY 960,787,563.06, down 9.77% compared to the same period last year[3] - Net profit attributable to shareholders for Q3 2025 was CNY 31,965,063.88, a decline of 19.32% year-over-year, while year-to-date net profit was CNY 112,431,787.48, down 5.45%[3] - Basic earnings per share for Q3 2025 was CNY 0.0551, a decrease of 19.33% year-over-year, with diluted earnings per share also at CNY 0.0551[4] - Total operating revenue for the current period is ¥960,787,563.06, a decrease of 9.7% from ¥1,064,778,085.14 in the previous period[19] - Net profit for the current period is ¥112,626,700.33, a decline of 6.8% compared to ¥119,839,311.95 in the previous period[20] - Operating profit decreased to ¥130,016,528.72, down 7.4% from ¥140,350,740.14 in the previous period[20] - The company reported a total comprehensive income of ¥117,716,812.66, a slight decrease from ¥118,493,176.94 in the previous period[20] - Basic and diluted earnings per share for the current period are both ¥0.1937, down from ¥0.2049 in the previous period[20] Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,967,656,861.40, a decrease of 0.51% from the end of the previous year[4] - The total current assets as of September 30, 2025, amounted to CNY 2,701,673,589.94, a slight decrease from CNY 2,708,084,162.98 at the beginning of the period[16] - Total liabilities decreased to CNY 1,187,951,054.71 from CNY 1,226,418,259.04, a reduction of about 3.1%[17] - The company’s total assets as of September 30, 2025, were CNY 2,967,656,861.40, down from CNY 2,982,741,663.71, a decrease of about 0.5%[18] Cash Flow and Investments - Cash flow from operating activities for the year-to-date period was CNY 111,484,034.20, down 8.29% compared to the previous year[4] - Cash flow from operating activities generated a net amount of ¥111,484,034.20, a decrease of 8.2% from ¥121,558,378.86 in the previous period[22] - The net increase in cash and cash equivalents decreased by CNY 20,280,000 year-over-year, attributed to reduced sales collections and increased cash dividends paid[9] - Cash and cash equivalents increased to CNY 1,892,013,780.36 from CNY 1,885,703,460.52, reflecting a growth of approximately 0.7%[16] - Cash and cash equivalents at the end of the period totaled ¥1,884,705,363.65, an increase from ¥1,823,529,366.67 in the previous period[23] Receivables and Payables - The company reported a 40.20% decrease in notes receivable and a 32.11% increase in accounts receivable compared to the beginning of the year[7] - Accounts receivable rose to CNY 162,122,467.02, up from CNY 122,718,873.16, indicating a significant increase of about 32%[16] - The company reported a decrease in accounts payable from CNY 295,095,469.67 to CNY 234,106,947.13, a decline of about 20.7%[17] Equity and Retained Earnings - The total equity attributable to shareholders increased to CNY 1,769,014,675.65 from CNY 1,746,042,743.15, reflecting a growth of approximately 1.3%[18] - The company’s retained earnings increased to CNY 675,536,637.05 from CNY 658,295,682.65, indicating a growth of approximately 2.6%[18] Other Financial Metrics - Financial expenses decreased by 126.26% year-over-year, primarily due to an increase in interest income[8] - Deferred income tax liabilities increased to CNY 5,035,466.47 from CNY 2,047,610.43, showing a significant rise of approximately 145%[17] - Research and development expenses for the current period were ¥110,532,882.25, slightly up from ¥109,455,746.13 in the previous period[19] - The company experienced a foreign exchange gain of ¥1,264,320.67, compared to a gain of ¥3,741,515.86 in the previous period[23] - The balance of construction in progress increased by 39.68% compared to the beginning of the year, mainly due to investments in subsidiary factory construction[7] - The company received government subsidies amounting to CNY 1,087,891.85 during the reporting period[5]

证券代码：002017 证券简称：东信和平 公告编号：2025-46 东信和平科技股份有限公司 东信和平科技股份有限公司 关于拟变更会计师事务所的公告 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、 误导性陈述或重大遗漏。 特别提示： 1、拟聘任的会计师事务所名称：中兴华会计师事务所（特殊普通合伙）（以下简 称"中兴华会计师事务所"）； 2、原聘任的会计师事务所名称：容诚会计师事务所（特殊普通合伙）（以下简称 "容诚会计师事务所"）； 3、本次拟变更会计师事务所的原因：东信和平科技股份有限公司(以下简称"公司") 原聘任的容诚会计师事务所为公司实际控制人中国电子科技集团有限公司（以下简称 "中国电科"）提供审计服务，已达到财政部、国务院国资委、中国证监会规定的连续 聘用最高年限，未入选中国电科本年度统一招标确定的审计机构名单，因此公司不能继 续聘任容诚会计师事务所担任公司审计机构。近期，公司在中国电科本年度确定的审计 机构名单中，通过竞争性谈判方式拟聘任中兴华会计师事务所为公司 2025 年度财务和 内控审计机构。公司就该事项已事先与容诚会计师事务所进行了充分沟通，容诚会计师 事务所 ...

东信和平科技股份有限公司 证券代码：002017 证券简称：东信和平 公告编号：2025-45 东信和平科技股份有限公司 关于召开 2025 年第四次临时股东会的通知 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、 误导性陈述或重大遗漏。 一、召开会议的基本情况 1、股东会届次：2025 年第四次临时股东会 2、股东会的召集人：董事会 经公司第八届董事会第十四次会议审议通过，决定召开 2025 年第四次临时股东会。 3、本次会议的召集、召开符合《中华人民共和国公司法》《深圳证券交易所股票上市 规则》《深圳证券交易所上市公司自律监管指引第 1 号——主板上市公司规范运作》等法 律、行政法规、部门规章、规范性文件及《公司章程》的有关规定。 4、会议时间： （1）现场会议时间：2025 年 11 月 19 日 14:30 （2）网络投票时间：通过深圳证券交易所系统进行网络投票的具体时间为 2025 年 11 月 19 日 9:15-9:25，9:30-11:30，13:00-15:00；通过深圳证券交易所互联网投票系统投 票的具体时间为 2025 年 11 月 19 日 9:15 至 15 ...

东信和平科技股份有限公司 证券代码：002017 证券简称：东信和平 公告编号：2025-44 东信和平科技股份有限公司 第八届董事会第十四次会议决议公告 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、 误导性陈述或重大遗漏。 一、董事会会议召开情况 东信和平科技股份有限公司(以下简称"公司")第八届董事会第十四次会议通知于 2025 年 10 月 22 日以书面或电子邮件的方式发出，会议于 2025 年 10 月 27 日以现场结 合通讯表决方式召开。会议应参加表决董事 9 名，实际参加表决董事 9 名（其中董事楼 水勇先生、谢宙宇先生、宋光耀先生、肖作平先生、辛阳先生、张立强先生以通讯表决 方式出席），公司高级管理人员列席会议。会议由董事长楼水勇先生主持，本次会议的 召集、召开符合《中华人民共和国公司法》《东信和平科技股份有限公司章程》及有关 法律法规的规定。 二、董事会会议审议情况 表决结果：9 票赞成，0 票反对，0 票弃权。 1 1、审议通过《2025 年第三季度报告》 详见同日刊登于《中国证券报》《证券时报》及巨潮资讯网（www.cninfo.com.cn） 的《2025 ...