Core Viewpoint - Zhongke Jincai's stock price decreased by 2.57% to 29.60 yuan as of July 31, 2025, with a trading volume of 400,429 hands and a transaction amount of 1.208 billion yuan [1] Group 1: Financial Performance - For the first half of 2025, Zhongke Jincai reported operating revenue of 345 million yuan, representing a year-on-year increase of 14.36% [1] - The net profit attributable to shareholders was a loss of 84.95 million yuan, which is a significant increase in losses compared to the previous year's loss of 49.53 million yuan [1] - The net cash flow from operating activities was -253 million yuan, a decline of 54.78% year-on-year [1] Group 2: Business Segments - The gross profit margins for the three main business segments—financial technology comprehensive services, data center comprehensive services, and artificial intelligence comprehensive services—have all experienced a decline [1]

Group 1 - The company did not distribute cash dividends, issue bonus shares, or increase capital from reserves during the reporting period [3] - The company did not experience any changes in its controlling shareholder or actual controller during the reporting period [5] - There were no significant matters reported during the period [5] Group 2 - All directors attended the board meeting to review the report [2] - The company does not require retrospective adjustments or restatements of previous annual accounting data [4] - There were no preferred shareholders or related data reported for the period [5]

| | | | | 情况汇总表 | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 单位：北京中科金财科技股份有限公 | | | | | | | | | | | 司 | | | | | | | | 单位：万元 | | | | | 占用方与上 | 上市公司核 | | 2025 年期初 | | | | 2025 | | 年 6 月 | | | | | | | | | | | | | | | | 占用累计发生 | | 月占用资金 | 1-6 月 | | | 偿 | 占用形成 | | | | | | | | | | 非经营性资金占用 | 资金占用方名称 | | 市公司的关 | | 算的会计科 占用资金 | | | | | | 余 | | | | 期末占用资 | | 占用性质 | | | | | | | | | | 金额（不含利 | | 的利息（如 | 还累计 | | | 发 | 原因 | | | | | | | | | | | | 联关系 | 目 | 额 | | | | | 金余额 | | | | | | | 息） | ...

中科金财7月31日披露半年报，公司上半年实现营业收入3.45亿元，同比增长14.36%；归属于上市公司 股东的净利润亏损8494.58万元，上年同期亏损4952.91万元；基本每股收益-0.2498元。 ...

智通财经APP讯，中科金财(002657.SZ)发布2025年半年度报告，该公司营业收入为3.45亿元，同比增长 14.36%。归属于上市公司股东的净亏损为8494.58万元，同比扩大71.51%。归属于上市公司股东的扣除 非经常性损益的净亏损为8459.62万元，同比扩大52.53%。基本每股亏损为0.2498元。 ...

2025 年半年度非经营性资金占用及其他关联资金往来 | 非经营性资金占用 | 资金占用方名称 | 占用方与上 市公司的关 | 上市公司核 算的会计科 | 2025 年期初 占用资金余 | 2025 年 1-6 月 占用累计发生 | 2025 年 1-6 月占用资金 | 2025 年 1-6 月偿 | 2025 年 6 月 期末占用资 | 占用形成 | 占用性质 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | | | | 金额（不含利 | 的利息（如 | 还累计发 | | 原因 | | | | | 联关系 | 目 | 额 | | | | 金余额 | | | | | | | | | 息） | 有） | 生金额 | | | | | 控股股东、实际控制 | | | | | | | | | | 非经营性占用 | | 人及其附属企业 | | | | | | | | | | | | 小计 | - | - | - | | | | | | | - | | 前控股股东、实际控 | | | | | | | | | | 非经营性 ...

北京中科金财科技股份有限公司 2025 年半年度财务报告 北京中科金财科技股份有限公司 2025 年半年度财务报告 （未经审计） 2025 年 8 月 1 北京中科金财科技股份有限公司 2025 年半年度财务报告 财务报告 一、审计报告 半年度报告是否经过审计 □是 否 公司半年度财务报告未经审计。 二、财务报表 财务附注中报表的单位为：元 1、合并资产负债表 编制单位：北京中科金财科技股份有限公司 2025 年 06 月 30 日 单位：元 | 项目 | 期末余额 | 期初余额 | | --- | --- | --- | | 流动资产： | | | | 货币资金 | 381,069,445.40 | 562,210,241.91 | | 结算备付金 | | | | 拆出资金 | | | | 交易性金融资产 | | 46,522,870.82 | | 衍生金融资产 | | | | 应收票据 | 148,389.05 | 367,280.00 | | 应收账款 | 182,337,731.04 | 175,190,742.79 | | 应收款项融资 | 2,809,679.00 | 159,761.20 | | ...

[Important Notice, Table of Contents, and Definitions](index=2&type=section&id=Section%20I.%20Important%20Notice%2C%20Table%20of%20Contents%2C%20and%20Definitions) This section outlines key disclaimers, the report structure, and definitions of terms used herein [Company Profile and Key Financial Indicators](index=6&type=section&id=Section%20II.%20Company%20Profile%20and%20Key%20Financial%20Indicators) This section introduces the company's basic information and presents its key financial performance metrics [Company Profile](index=6&type=section&id=I.%20Company%20Profile) This section provides the company's basic information, including its stock abbreviation 'ZKJF', stock code '002657', full Chinese and English names, and legal representative | Item | Information | | :--- | :--- | | Stock Abbreviation | ZKJF | | Stock Code | 002657 | | Listing Exchange | Shenzhen Stock Exchange | | Company Name | Beijing Zhongke Jincai Technology Co., Ltd. | | Legal Representative | Zhu Yedong | [Key Accounting Data and Financial Indicators](index=7&type=section&id=IV.%20Key%20Accounting%20Data%20and%20Financial%20Indicators) During the reporting period, the company's operating revenue grew by 14.36% year-on-year, but net profit attributable to shareholders of the listed company saw a 71.51% increase in loss, and net cash outflow from operating activities increased by 54.78%; total assets and net assets both slightly decreased compared to the end of the prior year | Key Financial Indicators | Current Period (Yuan) | Prior Period (Yuan) | Year-on-year Change (%) | | :--- | :--- | :--- | :--- | | Operating Revenue (Yuan) | 345,159,140.56 | 301,811,431.40 | 14.36% | | Net Profit Attributable to Shareholders (Yuan) | -84,945,843.08 | -49,529,121.23 | -71.51% | | Net Cash Flow from Operating Activities (Yuan) | -253,357,615.22 | -163,689,762.09 | -54.78% | | Basic EPS (Yuan/Share) | -0.2498 | -0.1500 | -66.53% | | Weighted Average ROE (%) | -4.73% | -2.67% | -2.06% | | **Asset Indicators** | **End of Current Period (Yuan)** | **End of Prior Year (Yuan)** | **Change from Prior Year-end (%)** | | Total Assets (Yuan) | 2,210,628,233.99 | 2,471,026,433.23 | -10.54% | | Net Assets Attributable to Shareholders (Yuan) | 1,752,558,502.76 | 1,835,356,327.68 | -4.51% | [Non-Recurring Gains and Losses Items and Amounts](index=7&type=section&id=VI.%20Non-Recurring%20Gains%20and%20Losses%20Items%20and%20Amounts) During the reporting period, the company's total non-recurring gains and losses amounted to -349,635.97 Yuan, primarily comprising government grants, fair value changes in financial assets, and other non-operating income and expenses | Item | Amount (Yuan) | | :--- | :--- | | Gains/Losses from Disposal of Non-Current Assets | -567,883.40 | | Government Grants Recognized in Current Profit/Loss | 1,846,423.26 | | Gains/Losses from Fair Value Changes of Financial Assets and Liabilities | 354,747.01 | | Other Non-Operating Income and Expenses | -1,968,228.92 | | **Total** | **-349,635.97** | [Management Discussion and Analysis](index=9&type=section&id=Section%20III.%20Management%20Discussion%20and%20Analysis) This section provides an in-depth analysis of the company's operations, financial performance, and future outlook from management's perspective [Principal Businesses](index=9&type=section&id=I.%20Principal%20Businesses%20Engaged%20by%20the%20Company%20During%20the%20Reporting%20Period) The company provides FinTech, AI, and data center integrated services to financial, government, and enterprise clients, with significant growth in AI and data center service revenues during the period, while FinTech services experienced a decline, as the company actively explores AI Agent, computing infrastructure, and multimodal applications - The company's business aligns with national digital economy development, focusing on FinTech, AI, and data center integrated services to empower client digital and intelligent transformation[33](index=33&type=chunk) | Business Segment | Operating Revenue for the Period (Yuan) | | :--- | :--- | | FinTech Integrated Services | 109,284,462.99 | | AI Integrated Services | 48,351,358.59 | | Data Center Integrated Services | 175,363,383.70 | - The company has a comprehensive AI strategy covering computing power, large models, multimodal applications, and AI Agents, establishing ecological partnerships with industry leaders like Alibaba Cloud and Huawei[35](index=35&type=chunk)[36](index=36&type=chunk) - The company has successfully implemented multimodal applications in scenarios such as digital IP overseas expansion and AI digital human live streaming, providing related services to over 200 brands[39](index=39&type=chunk) [Analysis of Core Competencies](index=13&type=section&id=II.%20Analysis%20of%20Core%20Competencies) The company's core competencies include its long-term digital economy strategy, strong brand recognition, close collaboration with global tech leaders, industry-leading 'AI+Data+Business Know-How' capabilities, comprehensive industry qualifications, and a unique 'multi-level partner operational responsibility system' for talent management - The company serves as the president unit of the Beijing Blockchain Technology Application Association and has participated in the formulation of **9 national and industry standards**, demonstrating its industry position and brand image[41](index=41&type=chunk) - The company has established multi-level ecological partnerships with leading enterprises in infrastructure, model, and application layers, including Alibaba Cloud, Tencent Cloud, and Huawei, maintaining technological foresight[43](index=43&type=chunk) - Leveraging over **20 years** of experience in the banking sector, the company has developed core 'AI+Data+Business Know-How' capabilities, forming a solid foundation for products like its AI business process intelligent agent native platform[44](index=44&type=chunk)[45](index=45&type=chunk) - The company holds over **100 industry qualifications** and more than **500 software copyrights and patents**, ranking among the top in the software service industry for qualification completeness[45](index=45&type=chunk) [Analysis of Principal Business](index=15&type=section&id=III.%20Analysis%20of%20Principal%20Business) During the reporting period, the company's total operating revenue increased by 14.36% year-on-year, but its business structure significantly shifted, with financial industry revenue decreasing by 42.12%, while government and public utilities and enterprise sector revenues surged by 135.81% and 172.09% respectively, leading to a 47.45% decline in FinTech services revenue and substantial growth of 189.34% and 101.85% in data center and AI services revenues | Financial Indicator | Current Period (Yuan) | Prior Period (Yuan) | Year-on-year Change (%) | | :--- | :--- | :--- | :--- | | Operating Revenue | 345,159,140.56 | 301,811,431.40 | 14.36% | | Operating Cost | 288,436,894.17 | 233,491,735.54 | 23.53% | | R&D Expenditure | 98,327,859.61 | 81,611,152.27 | 20.48% | Operating Revenue by Industry | Industry | Current Period Revenue (Yuan) | % of Total Revenue | Year-on-year Change (%) | | :--- | :--- | :--- | :--- | | Financial | 125,965,049.26 | 36.50% | -42.12% | | Government and Public Utilities | 63,998,490.12 | 18.54% | 135.81% | | Enterprise | 155,195,601.18 | 44.96% | 172.09% | Operating Revenue by Product | Product | Current Period Revenue (Yuan) | % of Total Revenue | Year-on-year Change (%) | | :--- | :--- | :--- | :--- | | FinTech Integrated Services | 109,284,462.99 | 31.66% | -47.45% | | Data Center Integrated Services | 175,363,383.70 | 50.81% | 189.34% | | AI Integrated Services | 48,351,358.59 | 14.01% | 101.85% | [Analysis of Assets and Liabilities](index=17&type=section&id=V.%20Analysis%20of%20Assets%20and%20Liabilities) As of the end of the reporting period, the company's total assets were **2.211 billion Yuan**, a 10.54% decrease from the prior year-end, with no significant changes in asset composition, primarily comprising cash and cash equivalents, inventories, long-term equity investments, and other non-current financial assets; contract liabilities decreased, and restricted assets amounted to **28.71 million Yuan**, mainly for letter of guarantee deposits and trust custody funds | Asset/Liability Item | Period-end Amount (Yuan) | % of Total Assets | Change from Prior Year-end (%) | | :--- | :--- | :--- | :--- | | Cash and Cash Equivalents | 381,069,445.40 | 17.24% | -5.51% | | Inventories | 374,148,786.61 | 16.92% | 2.28% | | Long-term Equity Investments | 299,298,122.01 | 13.54% | 0.67% | | Other Non-Current Financial Assets | 406,099,190.07 | 18.37% | 2.35% | | Contract Liabilities | 157,513,044.60 | 7.13% | -0.37% | - As of the end of the reporting period, the company had **28,714,076.77 Yuan** in restricted assets, primarily consisting of letter of guarantee deposits and trust custody funds[63](index=63&type=chunk) [Analysis of Investment Status](index=19&type=section&id=VI.%20Analysis%20of%20Investment%20Status) During the reporting period, the company's investment amounted to **10.25 million Yuan**, a significant 82.33% decrease from **58.02 million Yuan** in the prior year, with no major equity or non-equity investments, and financial asset investments primarily consisting of trust products - Investment during the reporting period was **10.25 million Yuan**, a significant **82.33% year-on-year decrease**[64](index=64&type=chunk) [Analysis of Major Holding and Participating Companies](index=20&type=section&id=VIII.%20Analysis%20of%20Major%20Holding%20and%20Participating%20Companies) During the reporting period, key subsidiaries included Beijing Zhongke Jincai Information Technology Co., Ltd. with a net loss of **68.68 million Yuan** and Hunan Zhongke Jincai Zhisu Technology Co., Ltd. with a net loss of **17.60 million Yuan**; the company established three new subsidiaries and deregistered one, with no significant impact expected on overall operating performance | Company Name | Type | Net Profit for the Period (Yuan) | | :--- | :--- | :--- | | Beijing Zhongke Jincai Information Technology Co., Ltd. | Subsidiary | -68,678,260.67 | | Hunan Zhongke Jincai Zhisu Technology Co., Ltd. | Subsidiary | -17,595,137.27 | - During the reporting period, the company established Zhongke Jincai (Hong Kong) Technology Co., Ltd., Shanghai Zhike Jincai Digital Technology Co., Ltd., and Anqing Zhike Jincai Zhisu Technology Co., Ltd., while deregistering Zhongke Jincai Insurance Brokerage Co., Ltd[72](index=72&type=chunk) [Risks and Countermeasures](index=21&type=section&id=X.%20Risks%20Faced%20by%20the%20Company%20and%20Countermeasures) The company faces key risks including market competition, rapid industry technological updates, human resources (especially the scarcity of high-end AI talent), and industry policy changes, which it plans to address by accelerating business expansion, increasing R&D investment, improving talent retention mechanisms, and continuously monitoring policy developments - Market competition risk: The company will accelerate business expansion and increase market development efforts to mitigate this risk[75](index=75&type=chunk) - Industry technology risk: The company will increase technology R&D investment, improve its R&D system, and enhance innovation capabilities[76](index=76&type=chunk) - Human resource risk: The company will strengthen talent cultivation and recruitment by upgrading its multi-level partner operational responsibility system[77](index=77&type=chunk) - Policy risk: The company will strictly adhere to laws and regulations, continuously monitor and research relevant policy changes to prevent risks[78](index=78&type=chunk) [Corporate Governance, Environment, and Society](index=23&type=section&id=Section%20IV.%20Corporate%20Governance%2C%20Environment%2C%20and%20Society) This section details the company's governance structure, environmental initiatives, and social responsibilities, including shareholder rights, employee development, and community engagement [Corporate Governance and Social Responsibility](index=23&type=section&id=Corporate%20Governance%20and%20Social%20Responsibility) During the reporting period, the company's governance structure remained stable with only one Vice General Manager appointed, and no semi-annual profit distribution is planned; regarding social responsibility, the company emphasizes protecting shareholder and creditor rights, fostering win-win cooperation with suppliers and clients, and prioritizing employee development through its 'multi-level partner operational responsibility system' and diverse training programs - The company plans not to distribute cash dividends, bonus shares, or convert capital reserves into share capital for the half-year period[84](index=84&type=chunk) - The company actively fulfills its social responsibilities, including protecting shareholder interests, achieving win-win outcomes with partners, and prioritizing employee development through its 'Zhongke Jincai Multi-level Partner Operational Responsibility System'[86](index=86&type=chunk)[89](index=89&type=chunk) [Significant Matters](index=25&type=section&id=Section%20V.%20Significant%20Matters) This section covers significant events and disclosures, including commitments, related party transactions, and ongoing legal proceedings [Overview of Significant Matters](index=25&type=section&id=Overview%20of%20Significant%20Matters) During the reporting period, the company had no significant commitments, no controlling shareholder fund occupation, no illegal guarantees, no major asset sales, no significant related-party transactions, or other major contracts; the semi-annual financial report is unaudited, and there are 6 pending litigation or arbitration cases totaling **47.0942 million Yuan** - During the reporting period, the company had no commitments from the actual controller, shareholders, or other related parties, no non-operating fund occupation, no illegal guarantees, and no significant related-party transactions[93](index=93&type=chunk)[94](index=94&type=chunk)[95](index=95&type=chunk)[102](index=102&type=chunk) - The company's semi-annual financial report is unaudited[96](index=96&type=chunk) - As of the end of the reporting period, the company had **6 pending litigation or arbitration cases**, with a total amount involved of **47.0942 million Yuan**[99](index=99&type=chunk) [Share Capital Changes and Shareholder Information](index=29&type=section&id=Section%20VI.%20Share%20Capital%20Changes%20and%20Shareholder%20Information) This section details changes in the company's share capital structure and provides an overview of its shareholder base [Share Capital Changes](index=29&type=section&id=I.%20Share%20Capital%20Changes) During the reporting period, the company's total share capital remained unchanged at 340,051,995 shares, with unrestricted shares accounting for 98.91%; the company completed a share repurchase on March 5, 2025, repurchasing a cumulative 1,476,155 shares, representing 0.43% of total share capital, for a total transaction amount of approximately **20 million Yuan** - The company's total share capital remained unchanged at **340,051,995 shares** during the reporting period[119](index=119&type=chunk)[120](index=120&type=chunk) - The company completed its share repurchase plan, repurchasing a total of **1,476,155 shares** (**0.43%** of total share capital), with a total amount of **20,000,955.55 Yuan**[120](index=120&type=chunk) [Shareholder Information](index=31&type=section&id=III.%20Number%20of%20Shareholders%20and%20Shareholding%20Information%20of%20the%20Company) As of the end of the reporting period, the company had 95,822 common shareholders, with the top two being domestic natural person Shen Sa (8.12% stake) and Hong Kong Securities Clearing Company Limited (2.30% stake); the actual controllers, Zhu Yedong and Shen Sa, are a married couple - As of the end of the reporting period, the total number of common shareholders was **95,822**[125](index=125&type=chunk) | Shareholder Name | Shareholding Percentage | Number of Shares Held (Shares) | | :--- | :--- | :--- | | Shen Sa | 8.12% | 27,623,918 | | Hong Kong Securities Clearing Company Limited | 2.30% | 7,812,271 | | Wang Qinying | 1.85% | 6,301,600 | | Zhu Yedong | 0.96% | 3,264,533 | - Shareholders Zhu Yedong and Shen Sa are a married couple, forming a concerted party[126](index=126&type=chunk) [Bond-Related Information](index=35&type=section&id=Section%20VII.%20Bond-Related%20Information) This section provides details on the company's bond issuance and related financial instruments [Bond Information](index=35&type=section&id=Bond%20Information) During the reporting period, the company had no bond-related information [Financial Report](index=36&type=section&id=Section%20VIII.%20Financial%20Report) This section presents the company's consolidated financial statements, including the balance sheet, income statement, and cash flow statement, along with detailed notes [Financial Statements](index=36&type=section&id=II.%20Financial%20Statements) The financial statements indicate that in the first half of 2025, the company experienced a decrease in total assets, year-on-year growth in operating revenue, but an expanded net loss; operating cash flow remained negative with increased outflow, net cash inflow from investing activities significantly decreased, and financing cash flow remained largely stable [Consolidated Balance Sheet](index=36&type=section&id=1.%20Consolidated%20Balance%20Sheet) As of the end of the reporting period, the company's total assets were **2.211 billion Yuan**, a 10.54% decrease from the beginning of the period; total liabilities were **458 million Yuan**, a 27.94% decrease; and equity attributable to the parent company was **1.753 billion Yuan**, a 4.51% decrease, maintaining a relatively stable asset and liability structure | Item | Period-end Balance (Yuan) | Beginning Balance (Yuan) | | :--- | :--- | :--- | | Total Assets | 2,210,628,233.99 | 2,471,026,433.23 | | Total Liabilities | 458,047,616.52 | 635,648,000.55 | | Total Equity Attributable to Parent Company | 1,752,558,502.76 | 1,835,356,327.68 | [Consolidated Income Statement](index=40&type=section&id=3.%20Consolidated%20Income%20Statement) In the first half of 2025, the company achieved total operating revenue of **345 million Yuan**, a 14.36% year-on-year increase; however, due to increased operating costs and R&D expenses, operating profit was **-82.45 million Yuan**, with losses expanding by 67.99% year-on-year, and net profit attributable to the parent company was **-84.95 million Yuan**, with losses expanding by 71.51% year-on-year | Item | Current Period Amount (Yuan) | Prior Period Amount (Yuan) | | :--- | :--- | :--- | | Total Operating Revenue | 345,159,140.56 | 301,811,431.40 | | Total Operating Cost | 442,646,775.66 | 372,455,046.95 | | Of which: R&D Expenses | 98,327,859.61 | 81,611,152.27 | | Operating Profit | -82,450,234.08 | -49,080,977.70 | | Total Profit | -84,550,234.08 | -49,307,551.86 | | Net Profit Attributable to Parent Company Shareholders | -84,945,843.08 | -49,529,121.23 | [Consolidated Cash Flow Statement](index=44&type=section&id=5.%20Consolidated%20Cash%20Flow%20Statement) During the reporting period, net cash flow from operating activities was **-253 million Yuan**, with net outflow expanding by 54.78% year-on-year, primarily due to increased cash payments for goods and services; net cash flow from investing activities was **82.01 million Yuan**, a 72.96% year-on-year decrease, mainly due to reduced wealth management investments; net cash outflow from financing activities was **1.99 million Yuan**, resulting in a net decrease of **173 million Yuan** in cash and cash equivalents | Item | Current Period Amount (Yuan) | Prior Period Amount (Yuan) | | :--- | :--- | :--- | | Net Cash Flow from Operating Activities | -253,357,615.22 | -163,689,762.09 | | Net Cash Flow from Investing Activities | 82,011,695.30 | 303,289,697.93 | | Net Cash Flow from Financing Activities | -1,993,091.77 | -47,148,688.95 | | Net Increase/Decrease in Cash and Cash Equivalents | -173,339,011.69 | 92,451,246.89 | [Notes to Consolidated Financial Statements](index=84&type=section&id=VII.%20Notes%20to%20Consolidated%20Financial%20Statements) This section provides detailed explanations for key items in the consolidated financial statements, noting an increase in accounts receivable book balance with stable bad debt provision, investment income of **3.57 million Yuan** from long-term equity investment in Anliang Futures, goodwill original book value of **818 million Yuan** with accumulated impairment of **794 million Yuan** and no new impairment this period, and R&D expenses increasing by 20.48% to **98.33 million Yuan** [Accounts Receivable](index=85&type=section&id=4.%20Accounts%20Receivable) At the end of the period, the book balance of accounts receivable was **226 million Yuan**, a slight increase from the beginning of the period; bad debt provisions of **42.52 million Yuan** were made based on aging, representing an 18.91% provision rate, with the top five debtors accounting for 49.97% of the total accounts receivable | Aging | Period-end Book Balance (Yuan) | | :--- | :--- | | Within 1 Year | 170,467,644.16 | | 1 to 2 Years | 5,178,946.61 | | 2 to 3 Years | 14,493,903.76 | | Over 3 Years | 36,093,749.42 | | **Total** | **226,234,243.95** | [Long-term Equity Investments](index=94&type=section&id=13.%20Long-term%20Equity%20Investments) At the end of the period, the book value of long-term equity investments was **299 million Yuan**, a decrease from the beginning of the period, primarily comprising investments in associates such as Anliang Futures and Aihuaren Technology; during the reporting period, investment income recognized under the equity method was **3.27 million Yuan**, and dividends of **22 million Yuan** were received from Anliang Futures - For the investment in associate Anliang Futures Co., Ltd., investment income of **3,567,593.86 Yuan** was recognized in the current period, and cash dividends of **22,000,000.00 Yuan** were received[376](index=376&type=chunk) [Goodwill](index=100&type=section&id=19.%20Goodwill) At the end of the period, the original book value of goodwill was **818 million Yuan**, primarily from the acquisitions of Tianjin Zhongke Jincai and Beijing Zhidongfang; accumulated impairment provisions amounted to **794 million Yuan**, resulting in a goodwill book value of **23.76 million Yuan**, with no new goodwill impairment recognized in the current reporting period | Item | Original Book Value (Yuan) | Impairment Provision (Yuan) | Book Value (Yuan) | | :--- | :--- | :--- | :--- | | Tianjin Zhongke Jincai | 624,031,391.94 | 624,031,391.94 | 0.00 | | Beijing Zhidongfang | 193,578,999.56 | 169,823,416.08 | 23,755,583.48 | | **Total** | **817,731,082.47** | **793,975,498.99** | **23,755,583.48** | [R&D Expenses](index=109&type=section&id=43.%20R%26D%20Expenses) During the reporting period, the company's total R&D expenses amounted to **98.33 million Yuan**, a 20.48% year-on-year increase, primarily composed of employee compensation, service fees, and depreciation expenses | Item | Current Period Amount (Yuan) | Prior Period Amount (Yuan) | | :--- | :--- | :--- | | Employee Compensation Payable | 50,040,063.89 | 54,986,853.85 | | Service Fees | 19,014,620.06 | 4,860,479.00 | | Depreciation Expense | 16,956,843.45 | 10,641,357.19 | | Equity Incentive Expenses | 2,148,018.16 | 5,566,232.91 | | **Total** | **98,327,859.61** | **81,611,152.27** | [Other Submitted Data](index=136&type=section&id=Section%20IX.%20Other%20Submitted%20Data) This section includes additional data submitted by the company, such as investor relations activities [Investor Relations Activities](index=136&type=section&id=II.%20Registration%20Form%20for%20Research%2C%20Communication%2C%20Interview%20Activities%20During%20the%20Reporting%20Period) During the reporting period, the company engaged with various institutional and individual investors through multiple channels, including phone calls, online platforms, and on-site visits, primarily discussing the company's business development - During the reporting period (February to May), the company frequently communicated with institutional and individual investors through various methods, including phone calls, online platforms, and on-site research[597](index=597&type=chunk)[598](index=598&type=chunk)[599](index=599&type=chunk)

中科金财公告，2025年上半年营业收入3.45亿元，同比增长14.36%。归属于上市公司股东的净亏损 8494.58万元，上年同期净亏损4952.91万元。 ...

Market Performance - On July 29, the IT services sector rose by 0.23% compared to the previous trading day, with Huina Technology leading the gains [1] - The Shanghai Composite Index closed at 3609.71, up 0.33%, while the Shenzhen Component Index closed at 11289.41, up 0.64% [1] Top Gainers in IT Services - Huina Technology (300609) closed at 40.62, up 4.77% with a trading volume of 106,100 shares and a turnover of 420 million yuan [1] - Jinzhen Co., Ltd. (600446) closed at 20.95, up 4.65% with a trading volume of 927,100 shares [1] - Zhongke Jincai (002657) closed at 32.40, up 3.85% with a trading volume of 626,000 shares and a turnover of 1.976 billion yuan [1] Market Capital Flow - The IT services sector experienced a net outflow of 2.482 billion yuan from institutional investors, while retail investors saw a net inflow of 2.526 billion yuan [2][3] - The top stocks with significant net inflows from retail investors included Langxin Group (300682) and Zhongke Jincai (002657) [3] Notable Decliners - ST Yunchuang (835305) saw a significant decline of 7.54%, closing at 14.11 with a trading volume of 90,600 shares and a turnover of 131 million yuan [2] - Jinqiao Information (603918) decreased by 2.66%, closing at 20.87 with a trading volume of 247,300 shares [2] Summary of Capital Flow by Company - Langxin Group (300682) had a net inflow of 11.7 million yuan from institutional investors, while it faced outflows from both retail and speculative investors [3] - Zhongke Jincai (002657) recorded a net inflow of 92.946 million yuan from institutional investors, with outflows from speculative investors [3]