Investment Rating - The industry investment rating is "Outperform the Market," indicating that the industry index is expected to perform better than the benchmark index over the next 6-12 months [37]. Core Viewpoints - The report highlights the positive outlook for financial IT and cross-border payment companies due to the recent policy developments in stablecoins, RDA, and CIPS, which are expected to enhance efficiency, reduce costs, and improve transparency in cross-border payments and settlements [1][4][21]. - The stablecoin market is diversifying, with various participants including fintech companies and traditional banks, which is likely to enhance the credibility and application scenarios of stablecoins [13][14]. Summary by Sections Industry Investment Rating - The industry is rated as "Outperform the Market," with expectations of better performance compared to the benchmark index [37]. Company Dynamics - Jiuyuan Yinhai expects to achieve revenue of 414-454 million yuan in the first half of 2025, a year-on-year increase of 5%-15%, with net profit expected to grow significantly by 130%-180% [3]. - Inspur Information plans to repurchase its A-shares with a total fund of no less than 200 million yuan and no more than 300 million yuan, with an expected repurchase price not exceeding 75.59 yuan per share [3]. Investment Recommendations - The report suggests focusing on companies such as Runhe Software, Nantian Information, Borui Data, Huichen Shares, Digital Government, and Jiuyuan Yinhai, which are expected to benefit from the developments in stablecoins and related technologies [4][21]. Policy Developments - Recent policies in regions like Hong Kong and Shanghai are aimed at promoting the development of stablecoins and their applications, including the issuance of tokenized government bonds and enhancing the management mechanisms for cross-border payment systems [15][18][21]. - The introduction of the RDA paradigm by the Shanghai Data Exchange emphasizes the importance of data in verifying the authenticity and enhancing the value of real-world assets [20][21]. Market Trends - The stablecoin market is expanding into real-world applications, particularly in cross-border payments, B2B payments, and asset tokenization, which are expected to grow rapidly [14][21]. - The report notes that the development of stablecoins will increase the demand for system upgrades and related services from financial IT companies [21].

Group 1 - Aerospace Science and Technology expects a net profit of 68 million to 95 million yuan for the first half of 2025, representing a growth of 1628.83% to 2315.27% compared to the same period last year [1] - Huaxia Airlines anticipates a net profit of 220 million to 290 million yuan for the first half of 2025, an increase of 741.26% to 1008.93% year-on-year [1] - Shida Group forecasts a net loss of 44 million to 65 million yuan for the first half of 2025, marking a shift from profit to loss [1] Group 2 - Jiaao Environmental Protection expects a net loss of 70 million to 90 million yuan for the first half of 2025 [3] - Haima Automobile predicts a net loss of 60 million to 90 million yuan for the first half of 2025, compared to a loss of 152 million yuan in the same period last year [3] - Huaibei Mining anticipates a net profit of approximately 1.027 billion yuan for the first half of 2025, a decrease of about 65% year-on-year [3] Group 3 - Quanfu Automobile expects a net loss of 155 million to 185 million yuan for the first half of 2025 [5] - Gaode Infrared signed a procurement agreement worth 879 million yuan, which is expected to positively impact its operating performance for the year [5] - Zhongchen Co. won a project from Southern Power Grid worth 379 million yuan, representing 12.26% of its audited revenue for 2024 [5] Group 4 - Daheng Technology anticipates a net loss of 406,000 yuan for the first half of 2025, compared to a loss of 988,250 yuan in the same period last year [6] - Dazhongnan expects a net profit of 6.5 million to 8 million yuan for the first half of 2025, a recovery from a loss of 15.325 million yuan last year [6] - Xianfeng Holdings projects a net profit of 34 million to 42 million yuan for the first half of 2025, a year-on-year increase of 524.58% to 671.53% [7] Group 5 - Shuangxiang Co. expects a net profit of 115 million to 150 million yuan for the first half of 2025, a growth of 128.1% to 197.53% year-on-year [8] - ST Xintong anticipates a net loss of 67 million to 97 million yuan for the first half of 2025 [9] - Jishi Media forecasts a net loss of 187 million to 233 million yuan for the first half of 2025 [10] Group 6 - Suli Co. expects a net profit of 72 million to 86 million yuan for the first half of 2025, a year-on-year increase of 1008.39% to 1223.91% [11] - Wanli Co. anticipates a net loss of 19 million yuan for the first half of 2025, compared to a loss of 12.9238 million yuan last year [12] - Langzi Co. projects a net profit of 22 million to 26 million yuan for the first half of 2025, an increase of 31.74% to 55.69% year-on-year [14] Group 7 - Changjiang Securities expects a net profit of 1.652 billion to 1.81 billion yuan for the first half of 2025, a growth of 110% to 130% [15] - Huahong Technology anticipates a net profit of 70 million to 85 million yuan for the first half of 2025, a year-on-year increase of 3047.48% to 3721.94% [16] - Chenhua Co. plans to invest 30 million yuan in financial products with an expected annual yield of 3.20% [16] Group 8 - Zijing Mining expects a net profit of approximately 23.2 billion yuan for the first half of 2025, a growth of about 54% year-on-year [28] - Limin Co. anticipates a net profit of 26 million to 28 million yuan for the first half of 2025, a year-on-year increase of 719.25% to 782.27% [29] - Huazhong Securities expects a net profit of 1.035 billion yuan for the first half of 2025, a growth of 44.94% year-on-year [30]

Group 1 - The company expects a positive net profit with a year-on-year increase for the first half of 2025, covering the period from January 1, 2025, to June 30, 2025 [2] - The company has made adjustments to its financial statements for the previous year based on the new accounting standards regarding quality assurance [2] - The preliminary profit forecast is based on initial calculations by the company's finance department and has not been audited by the accounting firm [3] Group 2 - The company has improved its project management and cost control, leading to a year-on-year increase in operating income and net cash flow from operating activities [4] - The company plans to focus on its core business and enhance its competitive edge by investing in research and innovation in artificial intelligence, data elements, and blockchain technologies [4] - The company aims to achieve its annual operational goals and promote sustainable high-quality development [4]

Tariff Benefits - The European Union has extended the suspension of countermeasures against the US until August 1 to allow for further negotiations, following threats from President Trump to impose a 30% tariff on EU goods [4][5][6] - The EU has prepared a countermeasure list involving approximately €210 billion ($245 billion) of US goods, with an additional list of about €720 billion ready if necessary [4] - Mexico is confident in reaching an agreement with the US to avoid the proposed 30% tariffs, with ongoing negotiations aimed at finding alternatives to tariffs [7] A-Share Market Benefits - Multiple listed companies have announced significant profit increases for the first half of 2025, with Li Min Co. expecting a net profit of ¥260 million to ¥280 million, a year-on-year increase of 719.25% to 782.27% [10] - Weilan Lithium expects a net profit of ¥300 million to ¥360 million, reflecting a year-on-year growth of 79.29% to 115.15% due to increased sales in lithium battery business [10] - Lanke Technology anticipates a revenue of approximately ¥2.633 billion, a year-on-year increase of about 58.17%, with net profit expected to rise by 85.50% to 102.36% [10] - Other companies like Chunqiu Electronics and Zijin Mining also project substantial profit growth, with Chunqiu expecting a net profit increase of 236.05% to 310.72% and Zijin projecting an increase of approximately 54% [11][12]

Core Viewpoint - The article summarizes significant announcements from various listed companies in the Shanghai and Shenzhen stock markets, highlighting changes in control, major asset acquisitions, and performance forecasts for the first half of 2025. Group 1: Control Changes and Stock Suspension - Yangdian Technology is planning a change in control, leading to a stock suspension starting July 14, 2025, for up to 2 trading days [3] - Yuanli Co. is also planning to acquire control of Fujian Tongsheng New Materials Technology, resulting in a stock suspension starting July 14, 2025, for up to 10 trading days [5] - Kanghua Bio is planning a change in control, with stock suspension starting July 14, 2025, for up to 2 trading days [6] - Fuda Alloy is planning to acquire at least 51% of Guangda Electronics, which constitutes a major asset restructuring but will not change the actual controller [7] Group 2: Performance Forecasts - Limin Co. expects a net profit of 260 million to 280 million yuan for H1 2025, a year-on-year increase of 719.25% to 782.27% due to rising sales and prices [9] - Zijin Mining anticipates a net profit of approximately 23.2 billion yuan for H1 2025, a year-on-year increase of about 54% [10] - Chunqiu Electronics forecasts a net profit of 90 million to 110 million yuan for H1 2025, an increase of 236.05% to 310.72% [11] - Jinqilin expects a net profit of around 106 million yuan for H1 2025, a year-on-year increase of 222.36% [12] - Beihua Co. anticipates a net profit of 98 million to 111 million yuan for H1 2025, a year-on-year increase of 182.72% to 220.23% [14] - Guojin Securities expects a net profit of 1.092 billion to 1.137 billion yuan for H1 2025, a year-on-year increase of 140% to 150% [15] - Jiu Yuan Silver Sea forecasts a net profit of 26.49 million to 32.25 million yuan for H1 2025, a year-on-year increase of 130% to 180% [16] - Lankai Technology expects a net profit of 1.1 billion to 1.2 billion yuan for H1 2025, a year-on-year increase of 85.5% to 102.36% [17] - Changcheng Securities anticipates a net profit of 1.335 billion to 1.407 billion yuan for H1 2025, a year-on-year increase of 85% to 95% [18] - Weilan Lithium Core expects a net profit of 300 million to 360 million yuan for H1 2025, a year-on-year increase of 79.29% to 115.15% [19] - Yinlong Co. forecasts a net profit of 161 million to 181 million yuan for H1 2025, a year-on-year increase of 60% to 80% [21] - Aopumai expects a net profit of approximately 37 million yuan for H1 2025, a year-on-year increase of 53.28% [22] - Bailong Dongfang anticipates a net profit of 350 million to 410 million yuan for H1 2025, a year-on-year increase of 50.21% to 75.97% [23] - Shanghai Electric expects a net profit of 1.754 billion to 2.087 billion yuan for H1 2025, a year-on-year increase of 32.18% to 57.27% [24] - Huazhong Securities expects a net profit of 1.035 billion yuan for H1 2025, a year-on-year increase of 44.94% [25] - Bailong Chuangyuan anticipates a net profit of 171 million yuan for H1 2025, a year-on-year increase of 42.68% [26] - Chengyi Pharmaceutical expects a net profit of 107 million to 119 million yuan for H1 2025, a year-on-year increase of 40% to 55% [27] - Jinhai Biological anticipates a net profit of 127 million to 141 million yuan for H1 2025, a year-on-year increase of 40% to 55% [28] - Kanda New Materials expects a net profit of 50 million to 55 million yuan for H1 2025, turning from loss to profit [29] - China Shenhua expects a net profit of 23.6 billion to 25.6 billion yuan for H1 2025, a year-on-year decrease of 8.6% to 15.7% [30] - ST Songfa anticipates a net profit of 580 million to 700 million yuan for H1 2025, turning from loss to profit [31] - Chengxing Co. expects a net profit of 16 million to 23 million yuan for H1 2025, turning from loss to profit [33] - Ningbo Fubon anticipates a net profit of 8 million to 12 million yuan for H1 2025, turning from loss to profit [34] - ST Yundong expects a loss of 100 million to 150 million yuan for H1 2025, worsening from the previous year [35] - Kairuide expects a loss of 15 million to 22 million yuan for H1 2025, turning from profit to loss [36] Group 3: Shareholding Changes - Defu Technology's shareholders plan to reduce their holdings by up to 4.04% [38] - Jinzhen Co.'s shareholders plan to reduce their holdings by up to 3.04% [39] - Shikong Technology's shareholder plans to reduce their holdings by up to 3% [40] - Qilu Bank's shareholder plans to reduce their holdings by up to 1.1% [41] - Zhongci Electronics' shareholder plans to reduce their holdings by up to 1% [42] - Jiamei Packaging's shareholders plan to reduce their holdings by up to 1% [43] - Saike Xide's shareholder plans to reduce their holdings by up to 1% [44] - Gongda High-tech's general manager plans to reduce their holdings by up to 0.3424% [46] - Qingyuan Co.'s shareholder plans to reduce their holdings by up to 273,800 shares [47] Group 4: Major Contracts - Dashijiang expects to win a procurement project worth 122 million yuan [49] - Robotech signed significant daily operational contracts worth approximately 14.18 million USD [50]

Core Viewpoint - The A-share market is experiencing a surge in positive earnings forecasts, with a significant number of companies reporting substantial year-on-year profit increases for the first half of 2025 [2][5]. Earnings Forecasts - A total of 510 A-share companies have released earnings forecasts for the first half of 2025, with 13 companies expecting net profit growth exceeding 800% [2]. - Limin Co. anticipates a net profit of 260 million to 280 million yuan, representing a year-on-year increase of 719.25% to 782.27% [5]. - Spring Autumn Electronics expects a net profit of 90 million to 110 million yuan, reflecting a growth of 236.05% to 310.72% [5]. - Jinjilin forecasts a net profit of 106 million yuan, up 222.36% year-on-year [5]. - Beihua Co. projects a net profit of 98 million to 111 million yuan, indicating a growth of 182.72% to 220.23% [6]. - Jiuyuan Yinhai expects a net profit of approximately 26.49 million to 32.25 million yuan, a growth of 130% to 180% [7]. - Guojin Securities anticipates a net profit of 1.092 billion to 1.137 billion yuan, reflecting a year-on-year increase of 140% to 150% [7]. - Lanqi Technology expects a net profit of 1.1 billion to 1.2 billion yuan, a growth of 85.50% to 102.36% [7]. - Weilan Lithium Core forecasts a net profit of 300 million to 360 million yuan, indicating a growth of 79.29% to 115.15% [7]. Gold Sector Performance - The gold sector is witnessing a significant earnings explosion, with companies like Zijin Mining, Zhongjin Gold, Hunan Gold, and Western Gold reporting substantial profit increases [4][11]. - Zijin Mining expects a net profit of approximately 23.2 billion yuan for the first half of 2025, a year-on-year increase of about 54% [8]. - Zhongjin Gold anticipates a net profit of 2.614 billion to 2.875 billion yuan, reflecting a growth of 50% to 65% [11]. - Hunan Gold projects a net profit of approximately 613 million to 701 million yuan, indicating a growth of 40% to 60% [12]. - Western Gold expects a net profit of approximately 130 million to 160 million yuan, a growth of 96.35% to 141.66% [13]. Market Conditions - The international gold price has been fluctuating at high levels, with COMEX gold closing at $3,370.3 per ounce as of July 11 [14]. - Global geopolitical conflicts are increasing uncertainty in the market, enhancing gold's safe-haven appeal and potentially boosting demand for gold assets [14].

7月13日晚间，沪深两市多家上市公司发布公告，以下是第一财经对一些重要公告的汇总，供投资者参 考。 扬电科技：控股股东筹划控制权变更事项 股票停牌 扬电科技(301012)晚间公告，公司控股股东、实际控制人程俊明及持股5%以上股东赵恒龙正在筹划公司 控制权变更相关事宜，该事项可能导致公司控股股东及实际控制人发生变更。经公司向深圳证券交易所 申请，公司股票自2025年7月14日开市起停牌，预计停牌时间不超过2个交易日。本次交易事项能否最终 实施完成及实施结果尚存在不确定性。 德固特：筹划购买浩鲸科技100%股份 股票复牌 德固特(300950)晚间公告，公司正在筹划通过发行股份及支付现金的方式购买浩鲸云计算科技股份有限 公司100%股份并募集配套资金。经初步测算，本次交易预计构成重大资产重组，不会导致公司实际控 制人发生变更，不构成重组上市，构成关联交易。经向深圳证券交易所申请，公司股票将于2025年7月 14日开市起复牌。 元力股份：筹划收购福建同晟新材料科技股份公司控制权事宜 股票停牌 元力股份(300174)晚间公告，正在筹划收购福建同晟新材料科技股份公司控制权事宜。经公司申请，公 司股票自2025年7月 ...

证券代码：002777 证券简称：久远银海 公告编号：2025-026 四川久远银海软件股份有限公司 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、本期业绩预计情况 （一）业绩预告期间：2025 年 1 月 1 日 — 2025 年 6 月 30 日 （二）业绩预告情况：预计净利润为正值且同向上升 项 目 本报告期 上年同期 营业收入 39,462.73万元 归属于上市公司股东的净利润 盈利：1,151.77万元 盈利：2,020.95万元-2,265.92万元 归属于上市公司股东的扣除非 盈利：612.41万元 经常性损益后的净利润 比上年同期增长：230%-270% 基本每股收益 盈利：0.09元/股-0.05元/股 盈利：0.03元/股 注：财政部于2024年12月31日发布了《企业会计准则解释第18号》（财会〔2024）24号 下称"解释18号"）"关于不属于单项履约义务的保证类质量保证的会计处理"，自2024年12 月31日起施行，允许企业自发布年度提前执行。对在首次执行本解释内容时，如原计提保证类 质量保证时计入"销售费用"等的，应当按照《企业 ...

证券代码：002777 证券简称：久远银海 公告编号：2025-026 四川久远银海软件股份有限公司 2025年半年度业绩预告 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、本期业绩预计情况 （一）业绩预告期间：2025 年1 月 1 日 — 2025 年6 月 30 日 （二）业绩预告情况：预计净利润为正值且同向上升 | 项 目 | 本报告期 | 上年同期 | | --- | --- | --- | | 营业收入 | 41,435.87万元-45,382.14万元 | 39,462.73万元 | | | 比上年同期增长：5%-15% | | | 归属于上市公司股东的净利润 | 盈利：2,649.07万元-3,224.96万元 | 盈利：1,151.77万元 | | | 比上年同期增长：130%-180% | | | 归属于上市公司股东的扣除非 经常性损益后的净利润 | 盈利：2,020.95万元-2,265.92万元 | 盈利：612.41万元 | | | 比上年同期增长：230%-270% | | | 基本每股收益 | 盈利：0.09元/股-0.05元 ...

久远银海（002777）公告，预计2025年1月1日至2025年6月30日归属于上市公司股东的净利润为2649.07 万元-3224.96万元，比上年同期的1151.77万元增长130%-180%。 ...