Core Insights - The company Guangdian Yuntong reported that as of September 19, 2025, it had a total of 103,268 shareholders, including 6,127 institutional investors [2] Group 1 - The total number of shareholders is 103,268 [2] - The number of institutional investors among the shareholders is 6,127 [2]

债券代码：148730.SZ 债券简称：24 运通 01 债券代码：524288.SZ 债券简称：25 广电运通 K1 广发证券股份有限公司 关于 广电运通集团股份有限公司 修订《公司章程》的受托管理事务临时报告 受托管理人：广发证券股份有限公司 2025 年 9 月 本报告依据《公司债券发行与交易管理办法》《公司债券受托管 理人执业行为准则》《广电运通集团股份有限公司 2024 年面向专业投 资者公开发行公司债券受托管理协议》等相关规定、公开信息披露文 件以及广电运通集团股份有限公司（以下简称"发行人""公司"）出具的 相关说明文件以及提供的相关资料等，由受托管理人广发证券股份有 限公司（以下简称"广发证券"）编制。 本报告不构成对投资者进行或不进行某项行为的推荐意见，投资 者应对相关事宜作出独立判断，而不应将本报告中的任何内容据以作 为广发证券所作出的承诺或声明。在任何情况下，未经广发证券书面 许可，不得将本报告用作其他任何用途。 广发证券股份有限公司关于广电运通集团股份有限公司修订《公司章程》的受托管理事务临时报告 一、公司债券基本情况 （一）24运通01 1、债券名称：广电运通集团股份有限公司2024 ...

Core Viewpoint - Guangdian Yuntong's stock price has shown fluctuations with a year-to-date increase of 21.47%, while recent trading days have seen a slight decline [1] Financial Performance - For the first half of 2025, Guangdian Yuntong achieved a revenue of 5.275 billion yuan, representing a year-on-year growth of 12.07%, while the net profit attributable to shareholders decreased by 6.49% to 466 million yuan [2] - The company has distributed a total of 4.886 billion yuan in dividends since its A-share listing, with 1.49 billion yuan distributed over the last three years [3] Shareholder Structure - As of June 30, 2025, the top ten circulating shareholders include Hong Kong Central Clearing Limited, which holds 30.426 million shares, a decrease of 19.297 million shares from the previous period [3] - The Southern CSI 500 ETF increased its holdings by 2.5562 million shares, bringing its total to 18.5247 million shares [3] Market Activity - On September 24, Guangdian Yuntong's stock price rose by 2.05% to 13.92 yuan per share, with a trading volume of 300 million yuan and a turnover rate of 0.88% [1] - The stock has appeared on the "Dragon and Tiger List" once this year, with a net purchase of 190 million yuan on February 26 [1]

Core Viewpoint - Guangdian Yuntong's stock price has shown fluctuations, with a year-to-date increase of 20.51% and a recent decline over the past 20 days, indicating potential volatility in investor sentiment [1][2]. Financial Performance - For the first half of 2025, Guangdian Yuntong reported revenue of 5.275 billion yuan, a year-on-year increase of 12.07%, while net profit attributable to shareholders was 466 million yuan, reflecting a decrease of 6.49% [2]. - The company has distributed a total of 4.886 billion yuan in dividends since its A-share listing, with 1.49 billion yuan distributed over the last three years [3]. Shareholder Information - As of June 30, 2025, the number of shareholders decreased by 1.47% to 104,100, with an average of 23,849 circulating shares per shareholder, which increased by 1.49% [2]. - Major shareholders include Hong Kong Central Clearing Limited, which holds 30.426 million shares, a decrease of 19.297 million shares from the previous period [3]. Market Activity - On September 23, Guangdian Yuntong's stock fell by 2.06%, with a trading volume of 113 million yuan and a market capitalization of 34.296 billion yuan [1]. - The stock has appeared on the "Dragon and Tiger List" once this year, with a net purchase of 190 million yuan on February 26, accounting for 18.58% of total trading volume [1].

Core Viewpoint - The company, Guangdian Yuntong, is actively involved in the digital RMB and internationalization of the RMB, showcasing its technological capabilities and strategic initiatives in the digital finance sector [1]. Group 1: Digital RMB Initiatives - The company is one of the few in China providing comprehensive digital RMB technology services and has participated deeply in pilot projects with the People's Bank of China [1]. - It has launched several representative cases, including the first digital currency application in Guangzhou's subway and a digital financial ecosystem cooperation platform in Guangdong Province [1]. - Recently, the company co-built the Beibu Gulf digital RMB comprehensive service platform, which is the first to apply digital currency payment for border residents and cross-institution smart contracts [1]. Group 2: Business Growth and Market Strategy - The company has accumulated rich technological achievements and application cases in digital RMB, blockchain technology, and cross-border payment [1]. - It is actively exploring opportunities in the international payment market and seeking overseas licensing to expand its international business [1]. - The company aims to leverage its technological advantages to expand the application of digital RMB in various scenarios, including smart living, public services, and retail consumption [1].

Group 1 - The company is one of the few in China that can provide full-stack technical services for digital RMB, deeply involved in the pilot work of the People's Bank of China [1] - The company has launched several representative cases, including the first digital currency application in Guangzhou's rail transit and a digital financial ecosystem cooperation platform in Guangdong Province [1] - The company is actively exploring opportunities in the global international payment market and is working on overseas license layouts and international innovation businesses [1] Group 2 - The company aims to expand the application of digital RMB in various scenarios such as smart living, public services, and retail consumption [1] - The company is leveraging its technological advantages to integrate with new-generation information technologies like artificial intelligence and big data [1] - The company is committed to contributing to the development of an open, efficient, and inclusive digital financial ecosystem [1]

Group 1 - The company showcased its development dynamics and potential in financial technology and smart transportation during recent investor research activities [1][2] - The GEC 2025 Summit, themed "AI Empowerment, Digital Innovation, Smart Finance," attracted nearly 400 professionals from over 70 countries, highlighting the company's innovative achievements [3] - The company has established a strong presence in the international market, with eight branches covering 120+ countries, leveraging its domestic digital transformation experience [3] Group 2 - The smart transportation business has made significant progress, with successful bids for multiple overseas projects in regions like India and Thailand [3] - The company has a solid technological foundation in vertical scene robotics, collaborating with major banks to enhance operational efficiency [3] - The Guangdian Wuzhou's revenue and profit have both increased, capitalizing on domestic opportunities and deepening partnerships with major tech firms [3] Group 3 - The North Bay Digital RMB platform has launched two nationwide first scenarios, promoting the application of digital RMB in cross-border trade [3] - The "Digital RMB + Smart Contracts + Border Trade" model is central to the platform's strategy, attracting over 2000 merchants to accelerate regional adoption [3]

Group 1: Financial Technology Summit and Innovations - The recent Financial Technology Summit attracted over 400 global financial professionals and showcased innovations such as AI-powered solutions and digital transformation strategies [2][3] - The company signed strategic cooperation agreements with partners from Indonesia and Bangladesh, and secured bulk orders for local transformation projects in Angola and Zimbabwe, enhancing its market position in Africa [3] Group 2: Competitive Advantages in International Markets - The company leverages its leading technology and extensive domestic experience to create synergies between domestic and international markets, enhancing its competitive edge [4] - It has established eight branches globally, covering five regions: Asia-Pacific, Middle East, Europe, Africa, and the Americas, with products available in over 120 countries [4] Group 3: Smart Transportation Business Expansion - The smart transportation business has made significant strides in Southeast Asia, with successful bids for projects in Kazakhstan, Pakistan, and Colombia [5] - The company focuses on a "technology + standards + service" approach to penetrate high-potential markets in Southeast Asia, the Middle East, and Latin America [5] Group 4: Robotics Development and Applications - The company has developed various vertical scene robots, including inspection and security robots, and is collaborating with major banks for pilot projects [6] - The inspection robots have been deployed in data centers to enhance operational efficiency through intelligent monitoring systems [6] Group 5: Performance of Guangdian Wuzhou - Guangdian Wuzhou achieved revenue and profit growth in the first half of the year, driven by strategic partnerships and product innovation [7] - The company has diversified its product offerings, including the launch of advanced AI and cooling technology solutions [7] Group 6: Digital Renminbi Service Platform - The North Bay Digital Renminbi Comprehensive Service Platform integrates digital currency with smart contracts and border trade, marking a significant development in the company's digital finance strategy [7] - The platform launched the first cross-institution digital currency consumption solution and facilitated over 190 million yuan in trade orders, involving over 240 participants [7]

Core Insights - The 15th Financial Technology Summit and Global Ecosystem Partner Conference (GCE 2025) was held in Guangzhou, focusing on AI, fintech, and big data innovations in finance and retail, attracting nearly 400 global financial professionals from over 70 countries and regions [1][2] Group 1: Event Highlights - The summit featured immersive experiences where global partners visited the AI Innovation Center and Smart Manufacturing Center, showcasing benchmark cases of "AI + Banking" [2] - Discussions at the summit included trends in fintech, global inclusive finance, digital banking, intelligent application scenarios, and best industry practices, with insights from leading experts [2] Group 2: Company Strategy and Achievements - The company has made significant breakthroughs in key global markets, securing large orders, including a major ATM project with Ethiopia's largest bank, enhancing its position in the African fintech market [3] - The company is expanding its market coverage in Southeast Asia, including Maldives and Indonesia, while improving service response times [3][4] - The company reported an international revenue of 646 million yuan, a year-on-year increase of 11.73%, indicating steady growth in its global business [4] Group 3: Future Outlook - The summit served as a platform for collaboration in the fintech sector, fostering a shared vision for industry development [4] - The company aims to leverage the summit to promote its innovative practices globally, contributing to the advancement of fintech and digital economy [4]

Meeting Overview - The first extraordinary general meeting of shareholders for 2025 was held on September 17, 2025, at 15:30 [3] - The meeting combined on-site voting and online voting methods [4] - A total of 735 shareholders and representatives attended, representing 1,286,045,049 shares, which is 51.7860% of the total voting shares [5] Agenda and Voting Results - Eight proposals were presented at the meeting, with the first three requiring a special resolution, needing over two-thirds approval from participating shareholders [2] - The following proposals were approved: 1. Revision of the Articles of Association 2. Revision of the Rules of Procedure for Shareholders' Meetings 3. Revision of the Rules of Procedure for Board Meetings 4. Revision of the Independent Director Work Guidelines 5. Revision of the Related Party Transaction Management System 6. Revision of the External Guarantee System 7. Revision of the Fundraising Management Measures 8. Revision of the Implementation Rules for Cumulative Voting [6][7] Legal Opinion - The meeting was witnessed by lawyers from Guangdong Guangxin Junda Law Firm, confirming that the meeting's procedures, attendance, and voting results complied with legal regulations and the company's articles of association, thus deemed valid [7] Board Changes - Director Huang Jiyuan submitted a resignation report on September 17, 2025, due to personal reasons, effective immediately upon delivery [10][11] - Huang's resignation does not affect the minimum number of board members required by law, and he held no shares in the company at the time of resignation [11]