（文章来源：证券日报） 证券日报网讯 1月5日，广电运通在互动平台回答投资者提问时表示，2025年12月31日，公司股东人数 为106243户。 ...

Core Viewpoint - Guangdian Yuntong (002152) has shown a significant increase in stock price, reflecting strong market performance and a solid credit rating, while also facing potential risks in its financial technology sector [1][4]. Company Announcements - Guangdian Yuntong's long-term credit rating has been confirmed as AAA with a stable outlook by United Credit Ratings [1][4]. - The company has a leading market share in the domestic smart financial equipment sector and has shown consistent growth in asset scale and revenue from 2022 to 2024 [1]. Digital Currency Developments - The new digital RMB 2.0 framework will be implemented on January 1, 2026, transitioning from cash-based to deposit currency, with banks paying interest on wallet balances [2]. - The company is one of the few that can provide full-stack technology services for digital RMB, having built systems for 10 rural credit and city commercial banks [2][4]. - The Beibu Gulf digital RMB comprehensive service platform launched the first cross-institutional digital RMB smart consumption solution in September, showcasing its application in border trade scenarios [2][4]. International Expansion - The company adheres to a global localization strategy, operating in over 120 countries and regions, with a compound annual growth rate of over 20% in overseas revenue over the past decade [3].

Investment Rating - The industry investment rating is "Overweight" indicating a positive outlook for the digital currency sector compared to the overall market performance [8]. Core Insights - The People's Bank of China has introduced an action plan to enhance the management and service system for digital currency, set to be implemented on January 1, 2026. This plan redefines digital currency from M0 to M1, integrating it into the reserve system and allowing interest payments on digital currency wallet balances [2]. - The action plan emphasizes a hybrid model combining account-based management and blockchain efficiency, highlighting the importance of compliance and regulation [2]. - With the M1 positioning, both individuals and commercial banks are incentivized to adopt and promote digital currency, enhancing its security and convenience compared to traditional electronic payments [2]. - The government is actively promoting cross-border digital currency payments, with initiatives such as the establishment of an international operation center in Shanghai and the launch of a cross-border digital payment platform [2]. - Various local governments are implementing measures to encourage the use of digital currency, such as issuing coupons and integrating it with cultural activities, indicating a strong push towards building a digital currency ecosystem [2]. Summary by Sections Regulatory Developments - The central bank's action plan includes integrating digital currency into the reserve system, allowing banks to pay interest on digital currency wallet balances, thus treating it similarly to deposits [2]. Market Dynamics - The shift to M1 is expected to motivate banks and individuals to engage more with digital currency, enhancing its usability and attractiveness [2]. Government Initiatives - The government is focusing on cross-border payment solutions and has launched several platforms to facilitate digital currency transactions, aiming to reduce transaction times significantly [2]. Related Companies - Companies involved in the digital currency ecosystem include those updating banking IT systems (e.g., Newland, Sifang Jingchuang), promoting payment solutions (e.g., Lakala), and hardware wallet providers (e.g., GDT, Feitian Integrity) [2][3].

Group 1 - China Software (600536) is a leading enterprise in electronic government and cybersecurity, aligning with the national "Digital China" strategy, focusing on the core scenarios of e-ID in government services [1][25] - The company has developed a foundational platform for electronic identity authentication, enabling seamless data communication between e-ID and various government systems such as social security and taxation [1][25] - It has participated in the formulation of national electronic government informatization standards and is adapting to upcoming national security standards for e-ID, providing technical support for standardized access [1][25] Group 2 - Newland (000997) has over 20 years of experience in identity recognition technology and is a benchmark enterprise in e-ID hardware and core technology development [2][26] - The company has developed a secure QR code system for online and offline verification of e-IDs, significantly improving efficiency in high-frequency scenarios like hotel check-ins [2][26] - Newland is integrating multi-modal recognition technologies and blockchain anti-counterfeiting technology to expand the application of e-IDs in various sectors [2][26] Group 3 - Aerospace Information (600271) is a key player in the e-ID field, having participated in the development of critical identity documents and systems [3][27] - The company is leveraging its market channels to integrate e-IDs with tax, social security, and military sectors, simplifying processes significantly [3][27] - It is incorporating AI and big data technologies into e-ID applications for dynamic risk assessment and anomaly detection [3][27] Group 4 - Qiming Star (002439) focuses on the full-process security protection of e-IDs and has developed a comprehensive security system to prevent identity theft and information breaches [4][29] - The company has adapted its security products to comply with upcoming national standards and provides customized security solutions for sensitive sectors like finance and government [4][29] - Qiming Star is expanding its solutions into industrial internet and vehicle networking, addressing identity authentication challenges in IoT devices [4][29] Group 5 - Hengbao Co., Ltd. (002104) has been deeply involved in the e-ID sector for years, focusing on data security and identity authentication solutions [5][30] - The company is integrating blockchain technology with digital identity to create a trustworthy storage and traceability system for e-IDs [5][30] - Hengbao is also exploring applications of digital currency in conjunction with e-IDs, enhancing service models that combine identity and payment [5][30] Group 6 - Nanwei Software (603636) is a leading provider of smart policing and government information solutions, with a focus on e-licenses including e-IDs [6][31] - The company has developed a system that enables interoperability between e-IDs and other government licenses, facilitating quick verification processes [6][31] - It is actively upgrading its e-ID verification terminals to support features for the elderly, enhancing accessibility [6][31] Group 7 - Digital Certification (300579) is a core support enterprise in the e-ID security certification field, providing essential cryptographic products for the CTID platform [7][33] - The company has participated in the formulation of national identity authentication standards, ensuring compliance with data protection laws [7][33] - Digital Certification is expanding its services to include cross-border digital identity authentication, aligning with international trade facilitation needs [7][33] Group 8 - Shen Si Electronics (300479) is a leader in the offline identity authentication terminal market, focusing on multi-modal biometric recognition technologies [8][34] - The company has developed a terminal that supports multiple verification modes, significantly improving service efficiency in high-frequency scenarios [8][34] - Shen Si Electronics is actively participating in the construction of a "10-minute government service circle," enhancing its market penetration [8][34]

广电运通集团股份有限公司 主体长期信用评级报告 | 1 | | --- | | 1 | | દ્ | | H Di | | 200 | | - ED Willi | | 답문 112 | | 9 | www.lhratings.com 1 联合〔2025〕11809 号 联合资信评估股份有限公司通过对广电运通集团股份有限公司 的信用状况进行综合分析和评估，确定广电运通集团股份有限公司 主体长期信用等级为 AAA，评级展望为稳定。 特此公告 联合资信评估股份有限公司 二〇二五年十二月四日 声 明 一、本报告是联合资信基于评级方法和评级程序得出的截至发表之日的 独立意见陈述，未受任何机构或个人影响。评级结论及相关分析为联合资信 基于相关信息和资料对评级对象所发表的前瞻性观点，而非对评级对象的事 实陈述或鉴证意见。联合资信有充分理由保证所出具的评级报告遵循了真 实、客观、公正的原则。鉴于信用评级工作特性及受客观条件影响，本报告 在资料信息获取、评级方法与模型、未来事项预测评估等方面存在局限性。 二、本报告系联合资信接受广电运通集团股份有限公司（以下简称"该 公司"）委托所出具，除因本次评级事项联合资信与该公司构成评 ...

Group 1 - The computer equipment sector increased by 0.71% on December 30, with Shangji Technology leading the gains [1] - The Shanghai Composite Index closed at 3965.12, showing no change, while the Shenzhen Component Index rose by 0.49% to 13604.07 [1] - Notable performers in the computer equipment sector included Shangji Technology, which rose by 11.58% to a closing price of 33.06, and Yuyin Co., which increased by 10.04% to 8.55 [1] Group 2 - The computer equipment sector saw a net inflow of 141 million yuan from institutional investors, while retail investors experienced a net outflow of 184 million yuan [2] - The top stocks by net inflow included Yuyin Co. with 168 million yuan and Guangdian Yuntong with 148 million yuan [3] - The overall trading volume for the sector was significant, with Yuyin Co. achieving a transaction amount of 1.268 billion yuan [1][2]

Group 1 - The core viewpoint of the news highlights the strong performance of the China Securities Artificial Intelligence Theme Index, which rose by 1.18%, with notable gains in constituent stocks such as Cambricon (up 5.34%) and Chipone (up 5.25%) [1] - The AI Artificial Intelligence ETF also saw an increase of 1.33%, with the latest price reported at 2.2 yuan [1] - The robotics sector experienced a surge, potentially linked to rumors about the Trump administration considering an executive order on robots for 2026 and Tesla's Optimus project gaining traction in North America [1] Group 2 - Bank of China Securities noted that Tesla's FSD v14 upgrade enhances the recognition capabilities of emergency vehicles, road obstacles, and human gestures, marking a significant advancement in smart driving technology [2] - Samsung plans to apply its self-developed architecture to its GPU by 2027, aiming to create a complete ecosystem for edge AI products, including smart glasses and automotive SoCs [2] - The AI Artificial Intelligence ETF closely tracks the China Securities Artificial Intelligence Theme Index, which includes 50 listed companies involved in providing resources, technology, and application support for artificial intelligence [2] Group 3 - As of November 28, 2025, the top ten weighted stocks in the China Securities Artificial Intelligence Theme Index accounted for 63.92% of the index, including companies like Zhongji Xuchuang and Hikvision [3] - The AI Artificial Intelligence ETF has several off-market connections, including various classes of the Ping An China Securities Artificial Intelligence Theme ETF [3]

Group 1: Digital Currency Developments - The People's Bank of China will implement a new digital RMB management framework starting January 1, 2026, transitioning from cash-based to deposit-based digital currency [2][3] - The company is among the few in China providing a full-stack technology service for digital RMB, including hardware and software solutions [3][4] - The company has established digital RMB systems for 10 rural credit and city commercial banks, creating regional platforms in cities like Guangzhou and Fangchenggang [3] Group 2: Innovative Platforms and Applications - The Beibu Gulf Digital RMB Comprehensive Service Platform launched in September 2023, featuring the first cross-institution digital RMB smart consumption solution [3][4] - The platform supports the issuance of digital RMB red envelopes and implements smart contracts for precise subsidy distribution [3] Group 3: Foreign Currency Exchange Solutions - The company has introduced foreign currency exchange machines that support real-time exchanges for currencies like HKD, USD, GBP, JPY, and EUR, operational 24/7 in various locations [4] - These machines have been deployed in major banks and were utilized during the Hangzhou Asian Games [4] Group 4: Financial Robotics and AI Integration - The company is advancing its financial robotics technology, collaborating with major banks to implement intelligent banking solutions [4] - With over 200,000 bank branches in China, the integration of robots is seen as a significant market opportunity for upgrading banking services [4] Group 5: Overseas Business Growth - The company has been expanding internationally since 2003, with a compound annual growth rate of over 20% in overseas revenue over the past decade [5] - It operates in over 120 countries and regions, focusing on localizing its global strategy and enhancing its sales network [5] - Future efforts will target Southeast Asia, the Middle East, and Latin America, leveraging domestic innovations in transportation to penetrate these markets [5]

Group 1 - The core viewpoint of the article highlights the strong performance of digital currency concept stocks in the A-share market, driven by the People's Bank of China's announcement regarding interest payments on digital yuan wallet balances starting January 1 [1] - Digital currency stocks such as Digital Certification surged by 19%, while others like Cuiwei Co. and Aerospace Information hit the 10% limit up, indicating a significant market reaction to the news [1][2] - Experts suggest that the interest payment on digital yuan balances will enhance user willingness to adopt digital yuan, expanding its usage scenarios and solidifying China's leading position in the global central bank digital currency exploration [1] Group 2 - Specific stock performances include Digital Certification with a market cap of 9.572 billion and a year-to-date increase of 12.94%, Cuiwei Co. with a market cap of 14.1 billion and a year-to-date increase of 119.01%, and Aerospace Information with a market cap of 21.5 billion and a year-to-date increase of 27.22% [2] - Other notable stocks include Feitian Chengxin with an 8.16% increase, Zhongke Jincai with a 6.77% increase, and Lakala with a 5.57% increase, reflecting a broader trend in the digital currency sector [2] - The overall positive sentiment in the digital currency sector is further supported by technical indicators such as the MACD golden cross signal, suggesting continued upward momentum for these stocks [2]

Group 1 - The People's Bank of China will implement a new action plan for the management and service system of digital RMB, with a new framework and ecosystem set to launch on January 1, 2026, marking an upgrade from digital cash to digital deposit currency [1] - As of November 2025, digital RMB has processed 3.48 billion transactions with a total transaction amount of 16.7 trillion yuan, and 230 million personal wallets have been opened through the digital RMB app [1] - The digital RMB concept stocks saw a collective rise on December 29, with notable increases in stocks such as Hengbao Co., Ltd. and Lakala, which rose by 8.31% and 12.57% respectively [1] Group 2 - Seven concept stocks received over 1 billion yuan in net inflows on December 29, with Lakala leading at 371 million yuan [2] - The application scenarios for digital RMB are expanding rapidly from personal consumption to industrial finance, cross-border trade, and public services [2] - The digital RMB is being integrated into various innovative applications, including debt settlement in Hunan and financial products in the poultry industry by Postal Savings Bank [2] Group 3 - Guotai Junan Securities believes that digital RMB will accelerate penetration across the supply chain, with significant growth potential in banking IT and fintech sectors [3] - A total of 64 A-share companies are involved in digital RMB-related businesses, with the computer industry having the highest representation at 43 companies [3] - Eight concept stocks have been heavily favored by institutional investors, with a total market value of 2.939 billion yuan held by social security funds and pension funds [3] Group 4 - Unisoc's third-quarter report indicates that social security funds have newly entered as major shareholders, with a combined holding value of 1.89 billion yuan [4] - The company has made technological advancements in hardware related to digital currency and stablecoins, achieving market results in the digital RMB wallet sector [4] - Eight stocks received significant foreign investment, with a total holding value of 536 million yuan, indicating strong interest from QFII [4]