第八届董事会第八次会议决议公告 二、董事会会议审议情况 （一）审议通过了《关于修订<公司章程>的议案》 根据《中华人民共和国公司法》《关于新<公司法>配套制度规则实施相关 过渡期安排》和《上市公司章程指引》等相关法律法规、指引要求，公司拟调整 公司治理结构，监事会的职权由董事会审计委员会行使。同时结合公司实际经营 管理，修订《公司章程》，废止其附件《监事会议事规则》。 公司董事会提请公司股东大会授权公司董事会并同意公司经理层或其授权 代表办理相关工商变更登记、章程备案等事宜。上述变更登记及章程备案最终以 市场监督管理部门核准通过的内容为准。 证券代码：002177 证券简称：御银股份 公告编号：2025-035 号 广州御银科技股份有限公司 第八届董事会第八次会议决议公告 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 广州御银科技股份有限公司（以下简称"公司"）第八届董事会第八次会议于 2025 年 7 月 2 日 14:00 在公司会议室以现场表决方式召开，召开本次会议的通知 及相关资料已于 2025 年 6 月 27 日以邮件方式 ...

2025 年第一季度权益分派实施公告 证券代码：002177 证券简称：御银股份 公告编号：2025-039号 广州御银科技股份有限公司 2025 年第一季度权益分派实施公告 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、股东大会授权及董事会审议通过权益分派方案的情况 1、广州御银科技股份有限公司（以下简称"公司"）于2025年5月16日召开 2024年年度股东大会审议通过《关于提请股东大会授权董事会制定2025年度中期 分红方案的议案》，授权董事会在符合利润分配的条件下制定2025年度中期分红 方案。 2、同日，公司召开第八届董事会第七次会议和第八届监事会第六次会议审 议通过《关于2025年第一季度利润分配方案的议案》，本次利润分配预案的制定 已取得公司 2024 年年度股东大会授权，无需提交公司股东大会审议。2025年第 一季度利润分配方案具体内容为：以公司总股本761,191,294股为基数，向全体股 东每10股派发现金股利0.02元（含税），共计派发现金股利金额1,522,382.58元（含 税），不送红股，不以资本公积转增股本；剩余未分配利润结 ...

Core Viewpoint - The steel industry is experiencing a significant price increase due to production cuts driven by environmental regulations and government policies aimed at eliminating outdated capacity. This has led to a reduction in steel output expectations, particularly in Tangshan, where a 30% production cut has been mandated from July 4 to July 15. The market anticipates further impacts on steel production as a result of these measures [1][3]. Group 1: Steel Industry Insights - The recent meeting of the Financial and Economic Committee emphasized the need to push for the elimination of outdated production capacity, directly influencing the steel market [1]. - Tangshan steel mills have received directives for a 30% production cut, which is expected to significantly lower steel inventories and production levels [1]. - The China Iron and Steel Association reported that steel billet exports in the first four months of 2025 have already surpassed the total for 2024, prompting suggestions for export restrictions [1]. - A total of approximately 30 million tons of production cuts have been ordered for the year, coinciding with a seasonal demand lull, which has heightened market expectations for reduced steel output [1]. Group 2: Market Reactions and Trends - Longjiang Securities noted that administrative production cuts could act as a bullish option for the steel sector, particularly in July, which is traditionally a slow season for demand [3]. - The announcement of production cuts in the photovoltaic glass sector has also led to significant price increases in that market, indicating a broader trend of supply-side reforms impacting various sectors [3]. - The steel sector saw a strong rally in stock prices, with companies like Liugang and Chongqing Steel hitting their daily price limits amid these developments [9][10]. Group 3: Broader Economic Context - The overall A-share market experienced a decline, with major indices falling and a significant number of stocks trading lower, reflecting broader economic pressures [9]. - The government is expected to focus on structural adjustments across multiple industries, including steel, refining, and new energy sectors, as part of its economic strategy [7]. Group 4: Investment Trends - Institutional investors have begun to sell off some positions in response to the recent price increases in steel, indicating a cautious approach to the current market dynamics [1][4]. - The market's reaction to production cuts in both the steel and photovoltaic sectors suggests a growing trend towards supply-side management as a means to stabilize prices and manage excess capacity [3].

Market Overview - As of June 30, the Shanghai Composite Index closed at 3444.43 points, up by 20.20 points, representing a 0.59% increase [1] - The Shenzhen Component Index closed at 10465.12 points, up by 86.57 points, with a 0.83% increase [1] - The ChiNext Index closed at 2153.01 points, up by 28.67 points, reflecting a 1.35% increase [1] High Turnover Stocks - A total of 126 A-shares had a turnover rate exceeding 20% on June 30, indicating significant trading activity [1] - Notable stocks with high turnover rates include: - Beifang Changlong (301357) with a turnover rate of 69.24% and a closing price of 95.46 yuan, up by 18.58% [1] - Wanlima (300591) with a turnover rate of 59.32% and a closing price of 11.25 yuan, up by 0.18% [1] - Xinhenghui (301678) with a turnover rate of 58.14% and a closing price of 59.20 yuan, up by 10.51% [1] - Zhongke Magnetic (301141) with a turnover rate of 51.79% and a closing price of 63.80 yuan, up by 8.41% [1] - Yuyin Co., Ltd. (002177) with a turnover rate of 50.46% and a closing price of 8.06 yuan, up by 7.04% [1] Additional High Turnover Stocks - Other stocks with notable turnover rates include: - Hengbao Co., Ltd. (002104) at 49.49% turnover, closing at 19.91 yuan, up by 3.97% [1] - Annie Co., Ltd. (002235) at 46.53% turnover, closing at 10.60 yuan, up by 6.00% [1] - Huazhi Jie (603400) at 44.05% turnover, closing at 57.38 yuan, down by 0.80% [1] - Weiteou (301319) at 43.42% turnover, closing at 36.00 yuan, up by 14.65% [1] - Xiongdi Technology (300546) at 43.38% turnover, closing at 35.86 yuan, up by 10.17% [1]

关于实际控制人部分股份解除融资融券业务的公告 关于实际控制人部分股份解除融资融券业务的公告 杨文江先生与华安证券股份有限公司（以下简称"华安证券"）开展融资融券 业务，杨文江先生将其持有部分公司无限售条件流通股3,500,000股从华安证券客 户信用交易担保证券账户中转回到普通证券账户。 截至公告披露日，杨文江先生持有公司股份115,029,774股，占公司总股本的 15.11%。其中，通过普通证券账户持有的公司股份为26,417,719股，占其持有公 司股份总数的22.97%，占公司总股本的 3.47%；通过华安证券客户信用交易担保 证券账户持有公司股份为88,612,055股，占其持有公司股份总数的77.03%，占公 司总股本的11.64%。 证券代码：002177 证券简称：御银股份 公告编号： 2025-034号 特此公告。 广州御银科技股份有限公司 广州御银科技股份有限公司 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 广州御银科技股份有限公司（以下简称"公司"）于近日收到公司实际控制 人及控股股东杨文江先生关于部分股份解除融资融券业务的通知，具体 ...

Group 1 - The retail sector is experiencing a significant upward trend, with Yuyin Co., Ltd. (002177) hitting the daily limit increase [1] - Wancheng Group (300972) has seen an increase of over 7% [1] - Other companies such as Huazhi Wine Industry (300755), Small Commodity City (600415), and Dalian Friendship (000679) are also witnessing gains [1]

Group 1: Institutional Trading Insights - On the institutional trading leaderboard, 23 stocks were listed, with 12 experiencing net buying and 11 facing net selling [1] - The top three stocks with the highest net buying by institutions were: Yuyin Co., Ltd. (CNY 76.91 million), Hainan Huatie (CNY 76.42 million), and Dazhihui (CNY 65.62 million) [1][2] Group 2: Hainan Huatie's Strategic Involvement - Hainan Huatie has become a co-organizer of the "WCS·2025 RWA Industry Conference," focusing on the digitalization of real-world assets (RWA) [2] - The conference aims to promote technological innovation, industry integration, and globalization practices, facilitating the deep integration of Web3 with the traditional economy [2] Group 3: RWA Industry Developments - The RWA sector is gaining traction, with companies like Jingbeifang and Chutianlong actively participating in blockchain and digital currency infrastructure [5] - RWA is seen as a bridge between real-world assets and Web3.0, enabling the transformation of tangible and intangible assets into digital tokens on the blockchain [5]

Core Insights - The launch of the "Cross-Border Payment Link" marks a significant advancement in cross-border payment systems, enabling real-time transactions between mainland China and Hong Kong in both Renminbi and Hong Kong Dollar [1][2] - The system leverages blockchain technology to reduce transaction times from 1-5 working days to seconds and cut fees by 80%, enhancing the efficiency of cross-border payments [2] - The regulatory framework for stablecoins is evolving, with Hong Kong's new regulations set to take effect, requiring stablecoin issuers to maintain a 1:1 reserve and undergo quarterly audits [4][6] Group 1: Cross-Border Payment Link - The "Cross-Border Payment Link" officially launched on June 22, 2025, connecting the mainland's interbank payment system with Hong Kong's Fast Payment System [1] - Initial use cases include tuition payments, medical fees, and salary disbursements, with transaction limits increased from 10,000 to 100,000 [2] - This infrastructure supports the internationalization of the Renminbi and enhances financial integration in the Guangdong-Hong Kong-Macao Greater Bay Area [2] Group 2: Stablecoin Development - The introduction of the "Cross-Border Payment Link" presents a historic opportunity for stablecoins, allowing settlement times to be reduced to minutes [4] - Hong Kong's new stablecoin regulations will require issuers to hold at least 80% of their reserves in cash and government bonds, limiting high-risk assets [6] - Major companies like JD.com and Ant Group have applied for licenses, indicating a trend towards compliant stablecoins being integrated into the "Cross-Border Payment Link" [4] Group 3: Market Response and Growth - The global stablecoin market is projected to exceed $1.8 trillion, reflecting a 120% increase from 2024, driven by regulatory compliance [6] - USDC's market share has risen to 42%, positioning it as a preferred stablecoin for cross-border payments [6] - Companies such as Standard Chartered and Zhenrong Bank are actively participating in stablecoin sandbox tests, exploring asset custody models [4][6] Group 4: Related Companies - Sifang Jingchuang is the only A-share company involved in the central bank's mBridge project, with a projected 300% increase in orders by 2025 [8] - Changliang Technology has deep ties with the Vietnamese central bank, with overseas revenue exceeding 25% and recent wins in cross-border payment projects [9] - New Morning Technology reported a 200% year-on-year increase in cross-border payment revenue in Q1 2025, providing stablecoin custody solutions for Standard Chartered [10] - JD Group's subsidiary is in the second phase of Hong Kong's stablecoin sandbox testing, aiming to launch a Hong Kong Dollar/US Dollar stablecoin within the year [11]

御银股份（002177）今日涨6.17%，成交额22.81亿元，换手率45.54%，盘后龙虎榜数据显示，有5家机 构专用席位净卖出1.15亿元。 ...

Group 1: Institutional Trading Activity - On the institutional trading leaderboard, 34 stocks were listed, with 14 experiencing net buying and 20 facing net selling [1] - The top three stocks with the highest net buying by institutions were: Yuekang Pharmaceutical (¥227 million), Yuyin Co., Ltd. (¥129 million), and Dongshan Precision (¥125 million) [1][2] Group 2: Market Developments in Stablecoins - Hong Kong's "Stablecoin Regulation" has been passed, establishing a licensing system for stablecoin issuers, effective from August 1 [4] - The regulation is expected to accelerate the compliance development of stablecoins and fill the regulatory gap for fiat-backed stablecoins [4] - The market for Real World Assets (RWA) is projected to reach $16 trillion by 2030, indicating significant investment opportunities in RWA asset operations, banking IT, and cross-border payments [4] Group 3: IP Economy Insights - Light Media, a major producer of "Nezha 2," is expected to surpass $100 million in overseas box office revenue, with derivative sales reaching hundreds of billions [6] - The IP derivative market in China is projected to reach ¥174.2 billion by 2024, with a compound annual growth rate of 15.1% from 2020 to 2024 [6] - Companies with strong product design, supply chain management, and IP operation capabilities are likely to attract high-quality IP licensing opportunities as consumer spending on IP derivatives increases [6]