Group 1: Company Overview - Newcap Electronic Co., Ltd. is a leading company in the field of information technology for higher education in China, focusing on smart campus solutions and digital transformation for schools [2][4] - The company has served over 1,400 universities, achieving a market share of approximately 40%, and has built smart campus platforms for more than 200 universities [2][4] Group 2: Financial Performance - In 2024, the revenue from various business segments is as follows: - Smart Campus Application Solutions: ¥523,415,148.31 - Smart Campus Cloud Platform Solutions: ¥121,707,489.80 - Smart Government and Enterprise Application Solutions: ¥148,407,008.38 - Operation and Maintenance Services: ¥190,669,898.21 [4] Group 3: AI Business Strategy - The company implements a dual-track product matrix strategy for AI, offering a range of AI solutions for smart campuses, including AI assistants and innovative platforms [5] - AI capabilities are integrated into existing products to enhance customer experience and address pain points, thereby increasing overall solution value [5] Group 4: Market Trends and Policies - The education information technology sector is supported by national policies, with a steady growth forecast due to government initiatives [6][7] - The Ministry of Education emphasizes the importance of digital education and AI, with plans to ensure that public education spending remains above 4% of GDP [7] Group 5: Product and Service Offerings - The company provides a comprehensive suite of information technology solutions for various educational institutions, including smart campus digital foundations and management systems [7] - Focused on meeting the specific needs of departments within schools, the company develops tailored applications for logistics, security, and academic management [7] Group 6: Dividend Policy - The company's dividend payout ratio has increased significantly from 2020 to 2024, currently around 35%, with plans to maintain a stable and sustainable profit distribution policy [8][9]

Core Viewpoint - The company expresses interest in exploring the potential demand for stablecoin services in educational settings, contingent upon compliance with national regulations and standards [1] Group 1: Company Initiatives - The company plans to actively explore collaborations with banks and educational institutions to provide secure, efficient, and convenient payment solutions [1] - The company aims to leverage its existing business layout in the digital currency sector to facilitate these initiatives [1] Group 2: Industry Context - Stablecoins are identified as a category of digital currency that may see increased demand in specific scenarios, such as in universities [1] - The company acknowledges the importance of adhering to national regulations and supervisory requirements in its future endeavors related to stablecoins [1]

Group 1 - The company has applied blockchain technology to its card integration project, enhancing system security [1] - The blockchain technology has been developed as an independent product and has been filed with the blockchain information service filing management system [1] - The company's blockchain products have been launched in some universities, integrating applications such as facial recognition, security, and dormitory management [1]

Investment Rating - The report maintains a "Positive" investment rating for the industry [7]. Core Insights - The computer sector saw a significant increase of 3.02% last week, ranking 7th among major industries, with a trading volume accounting for 10.43% of the total market [2][4]. - The report highlights the growing interest in stablecoins and related technologies, particularly in the context of recent regulatory developments in Hong Kong [6][26]. - The launch of xAI's Grok-4, which includes advanced AI capabilities, is expected to drive further innovation in the sector [19][20]. Summary by Sections Market Performance - The overall market continued its upward trend, with the Shanghai Composite Index surpassing the 3500-point mark, closing at 3510.18 points, reflecting a 1.09% increase [12]. - The computer sector's performance was notably strong, with a 3.02% rise, contributing significantly to the overall market dynamics [12]. Key Developments - The report emphasizes the importance of cryptography in the blockchain ecosystem, particularly as stablecoins gain traction [6][32]. - The implementation of the stablecoin regulations in Hong Kong is anticipated to accelerate the development of the stablecoin market, with major companies like JD.com and Ant Group actively participating [6][26]. Recommendations - The report suggests focusing on companies with strong cryptographic technology reserves and relevant qualifications, especially those linked to the financial industry [6][42]. - It also highlights the potential for investment opportunities in firms that possess the necessary licenses and technological capabilities in blockchain and cryptography [30][42].

Group 1 - The core viewpoint of the news highlights that the well-known private equity firm, Panyao Asset Management, has conducted research on a listed company, Newcapec, which is a leader in the domestic higher education informationization sector with a market share exceeding 40% [1] - Newcapec focuses on smart campus solutions and has made progress in areas such as AI assistants and innovative platforms, having built intelligent service systems for multiple educational institutions [1] - The company collaborates with Alipay to promote the "Tap" technology, expanding application scenarios in campuses and constructing a smart campus ecosystem [1] Group 2 - Newcapec's high R&D expenses are a strategic choice aimed at enhancing product competitiveness and technological barriers [1] - In terms of digital RMB business, Newcapec is advancing technology applications and has established nearly 40 projects, forming long-term cooperative relationships [1] Group 3 - Panyao Asset Management, established in December 2014, has a registered capital of 10 million and holds a private equity license, focusing primarily on long/short equity strategies [2] - The firm has issued over 100 products and has a cumulative registered scale exceeding 5 billion in the fund industry association [2] - Panyao Asset Management emphasizes research-driven investment and seeks an ideal combination of top-down macro and industry allocation with bottom-up company selection [2]

Group 1: Company Overview - The company is a leading provider of information technology solutions for higher education in China, focusing on smart campus management and educational information systems [3] - It has served over 1,400 universities, achieving a market share of over 40%, and has built smart campus platforms for more than 200 institutions [3] Group 2: AI Business Strategy - The company implements a dual-track strategy of AI+ and +AI, offering a comprehensive AI solution matrix for smart campuses, including AI assistants and innovative platforms [4] - AI capabilities are integrated into existing products to enhance customer experience and address pain points, thereby increasing overall solution value [4] Group 3: AI Agent Progress - In the first half of the year, the company made significant advancements in product functionality, improving the AI assistant and enhancing the accuracy of question-answering systems [5] - The sales team actively pursued AI market opportunities, accelerating contract conversions and project implementations at various universities [6] Group 4: Collaboration with Alipay - In June 2025, the company signed a campus cooperation agreement with Alipay, focusing on promoting the "one-touch" technology in campus applications, including access control and consumption [6] Group 5: R&D Investment - The company, recognized as a national high-tech enterprise, prioritizes technological innovation, resulting in higher R&D expenses as a strategic choice to enhance product competitiveness [7] Group 6: Digital Currency Initiatives - The company is advancing digital RMB applications in educational and corporate settings, having established projects with nearly 40 institutions and partnerships with major banks and telecom operators [9]

Group 1 - Newcap Electronic Co., Ltd. has won a bid for the supply of campus cards and card printer ribbons for Zhongshan Vocational Technical College [1][2] - The total transaction amount for the campus card procurement is *****.00 RMB, with a quantity of 1200 units priced at 10.00 RMB each [1] - The card printer ribbon procurement involves 6 boxes priced at 400.00 RMB each, totaling 2400.00 RMB [2] Group 2 - The procurement process included a bidding period from June 27, 2025, to June 30, 2025, with delivery required within 7 days after the announcement of results [1] - Newcap Electronic Co., Ltd. is responsible for free on-site installation, including material costs, as part of the procurement agreement [1]

Group 1 - The company has approved a cash dividend distribution plan for the year 2024, which will be distributed at a rate of 0.80 RMB per 10 shares, totaling approximately 38.11 million RMB [1][2] - The dividend distribution will be differentiated based on the type of shares held, with specific tax treatments for different categories of investors, including those holding restricted shares and funds [1][2] - The record date for the dividend distribution is set for June 12, 2025, and the ex-dividend date is June 13, 2025 [2] Group 2 - The distribution will be directly credited to the accounts of shareholders through their custodial securities companies on the ex-dividend date [2] - The company assumes all legal responsibilities for any shortfall in cash dividends due to a decrease in shares held by shareholders during the application period [2]

2024年年度权益分派实施公告 证券代码：300248 证券简称：新开普 公告编号：2025-035 3、本次实施的分配方案与 2024 年年度股东大会审议的分配方案一致。 4、本次分配方案的实施距离股东大会审议通过的时间未超过两个月。 二、本次实施的权益分派方案 本公司 2024 年年度权益分派方案为：以截止 2024 年 12 月 31 日公司总股本 476,348,393 股为基数，向全体股东每 10 股派发现金 0.80 元人民币（含税；扣税 后，通过深股通持有股份的香港市场投资者、QFII、RQFII 以及持有首发前限售 股的个人和证券投资基金每 10 股派 0.72 元；持有首发后限售股、股权激励限售 股及无限售流通股的个人股息红利税实行差别化税率征收，本公司暂不扣缴个人 所得税，待个人转让股票时，根据其持股期限计算应纳税额【注】；持有首发后 限售股、股权激励限售股及无限售流通股的证券投资基金所涉红利税，对香港投 资者持有基金份额部分按 10%征收，对内地投资者持有基金份额部分实行差别化 税率征收）。 新开普电子股份有限公司 2024 年年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 ...

Group 1 - Mingyu Asset recently conducted research on a listed company, focusing on Xinkai Pu, a leading enterprise in smart campus solutions for domestic universities [1] - Xinkai Pu has a significant advantage in the application of artificial intelligence in campus scenarios, providing customized large model training services [1] - The growth opportunities for Xinkai Pu stem from the digitalization policies in education, the need for improved campus management efficiency, and the continuous penetration of AI technology [1] Group 2 - Mingyu Asset Management Co., Ltd. was established in September 2009, with a registered capital of 20 million yuan, specializing in secondary market stock investments [2] - The founder, Wang Yicong, has 27 years of experience in the securities industry, demonstrating strong market timing abilities and rich experience in trend analysis and strategy control [2] - The company has won multiple prestigious awards in the investment industry, including seven Golden Bull Awards over the past five years, highlighting its recognition and performance in the market [2]