证券代码：300377 证券简称：赢时胜 公告编号：2025-039 深圳市赢时胜信息技术股份有限公司 2025 年第一次临时股东会决议公告 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。 特别提示： 1.本次股东会未出现否决议案的情形； 2.本次股东会召开期间没有增加或变更提案； 3.本次股东会未涉及变更前次股东会决议； 4.本次股东会采用现场投票与网络投票相结合的方式； 5.本次股东会审议各项议案时对中小投资者的表决单独计票，中小投资者指 除上市公司董事、监事、高级管理人员及单独或合计持有上市公司 5%以上股份 的股东以外的其他股东。 一、会议通知情况 深圳市赢时胜信息技术股份有限公司（以下简称"公司"）于 2025 年 8 月 20 日披露了《关于召开 2025 年第一次临时股东会的通知》，具体详见公司在中 国证监会指定的创业板信息披露网站巨潮资讯网（www.cninfo.com.cn）的相关 公告。 二、会议召开情况： 1.召开时间： 现场会议时间：2025 年 9 月 11 日 14:30 网络投票时间： （1）通过深圳证券交易所交易系统进行网络投票 ...

Group 1 - The virtual robot sector experienced a decline, dropping by 2.16% [1] - Among the companies, Tonghuashun fell by 5.12%, Dazhihui decreased by 3.08%, and Yingshisheng dropped by 1.46% [1]

Group 1 - The IT sector in the securities industry continues to strengthen, with Xiangcai Co., Ltd. hitting the daily limit up [1] - Other companies such as Guiding Compass, Yingshi Sheng, Dazhihui, Lingzhi Software, Dongfang Caifu, and *ST Huike also experienced significant gains [1]

Core Insights - The stock price of Winshang (300377) closed at 26.82 yuan on August 25, 2025, with an increase of 4.64% and a turnover rate of 18.97% [1] - The company reported a total revenue of 578 million yuan for the first half of 2025, a year-on-year decrease of 7.84%, and a net profit attributable to shareholders of 79.18 million yuan, down 46.22% year-on-year [1] - Winshang has made investments in 19 companies and participated in 1,203 bidding projects, indicating active engagement in business development [2] Financial Performance - Total revenue for the first half of 2025: 578 million yuan, down 7.84% year-on-year [1] - Net profit attributable to shareholders: 79.18 million yuan, down 46.22% year-on-year [1] - Non-recurring net profit: 85.14 million yuan, down 55.38% year-on-year [1] - Current ratio: 6.324, quick ratio: 5.892, debt-to-asset ratio: 8.11% [1] Company Overview - Winshang was established in 2001 and is based in Shenzhen, primarily engaged in software and information technology services [1] - The registered capital of the company is 751 million yuan, with paid-in capital of 11.47 million yuan [1] - The company holds 28 trademarks and 15 patents, along with 20 administrative licenses [2]

Group 1 - The financial technology sector has seen significant gains, with the China Securities Financial Technology Theme Index rising over 3% as of August 25 [1] - Notable stocks include Yinzhijie hitting the 20% daily limit, and other companies like Guiding Compass, Anshuo Information, and Geling Deep Vision experiencing gains of over 5% [1] - The Financial Technology ETF (159851) has reached a new high with a price increase of 3%, and a trading volume of 1.466 billion CNY, indicating strong market interest with net subscriptions exceeding 850 million units [1] Group 2 - GF Securities suggests that in the current market environment, to C-type securities IT companies are expected to outperform to B-type companies [2] - The to C securities IT business includes traditional brokerage services, account referral advertising, value-added telecom services, and fund distribution, with account referral and value-added services driving growth [2] - With the increase in margin trading balances and market trading volumes, the valuation of to C securities IT is expected to rise, although current valuations have not yet reached the average of the past year [2] Group 3 - The Financial Technology ETF (159851) and its linked funds are recommended for investment, covering a wide range of themes including internet brokerages, financial IT, cross-border payments, and AI applications [2] - As of August 22, the Financial Technology ETF (159851) has a scale exceeding 11 billion CNY, with an average daily trading volume of over 600 million CNY, leading among similar ETFs [2]

Group 1 - The financial technology sector has seen significant gains, with the China Securities Financial Technology Theme Index rising over 3% as of August 25 [1] - Notable stocks include Yinzhijie hitting a 20% limit up, and other companies like Guiding Compass, Anshuo Information, and Geling Shentong rising over 5% [1] - The Financial Technology ETF has reached a new high with a trading volume of 1.466 billion CNY and net subscriptions exceeding 850 million units [1] Group 2 - GF Securities believes that in the current market environment, to C-type securities IT companies will outperform to B-type companies [2] - The business of to C securities IT includes traditional brokerage, account referral advertising, value-added telecom services, and fund distribution, with account referral and value-added services driving growth [2] - With the increase in margin trading balances and market transaction volumes, the valuation of to C securities IT is expected to rise further, although current valuations have not yet reached the average of the past year [2] Group 3 - The Financial Technology ETF (159851) and its linked funds are recommended for investment, covering various themes such as internet brokerage, financial IT, cross-border payments, and AI applications [2] - As of August 22, the Financial Technology ETF has surpassed 11 billion CNY in size, with an average daily trading volume of over 600 million CNY, leading among similar ETFs [2]

Core Viewpoint - The financial performance of Winshang (300377) for the first half of 2025 shows significant declines in revenue and net profit compared to the previous year, indicating potential challenges in the company's operations and financial health [1]. Financial Performance Summary - Total revenue for the first half of 2025 was 578 million yuan, a decrease of 7.84% year-on-year [1]. - The net profit attributable to shareholders was -79.18 million yuan, down 46.22% year-on-year [1]. - In Q2 2025, total revenue was 316 million yuan, reflecting an 18.1% decline year-on-year, with a net profit of -10.19 million yuan, a drastic drop of 129.49% [1]. - The gross margin was 34.57%, down 16.26% year-on-year, while the net margin was -14.17%, a decrease of 52.08% [1]. - Total accounts receivable accounted for 68.57% of the latest annual revenue, indicating a large receivables burden [1]. Cost and Expense Analysis - Total expenses (selling, administrative, and financial) amounted to 72.41 million yuan, representing 12.53% of revenue, an increase of 11.41% year-on-year [1]. - The company reported a significant increase in financial expenses by 76.25%, attributed to reduced deposit interest [3]. - The effective tax rate showed a drastic change of -96.22%, due to increased losses compared to the previous year [3]. Cash Flow and Investment Returns - The net cash flow from investing activities increased by 24,720.07%, driven by the redemption of structured deposits exceeding the purchase amount [3]. - The net increase in cash and cash equivalents rose by 81.36%, also due to the redemption of structured deposits [3]. - Historical data indicates a median Return on Invested Capital (ROIC) of 4.7% over the past decade, with the worst year being 2024 at -15.4%, suggesting weak investment returns [3].

Core Viewpoint - A total of 22 A-share listed companies disclosed share reduction plans, with no companies announcing share increases on the same day [1] Group 1: Companies and Their Reduction Plans - Dongfang Ocean plans to reduce its holdings by no more than 3% [2] - Nanmin Group's two shareholders intend to reduce their holdings by no more than 3.63% [2] - Xinhai Optoelectronics' shareholders Gao Zhan and Zhou Xuan plan to reduce their shares [2] - Yiming Food's shareholders will collectively reduce their holdings by no more than 3% [2] - Yingshi Sheng's shareholders plan to reduce their holdings by no more than 2% [2] - Jereh's vice chairman Wang Jili plans to reduce no more than 723,000 shares [2] - Hengyu Xintong's shareholders intend to reduce their holdings by no more than 2% [2] - Ruoyuchen's shareholder Langjing's shareholding will drop below 2% [2] - Zhongchumei's shareholder Wang Jing plans to reduce no more than 1% [2] - Jiangbolong's five employee shareholding platforms plan to reduce no more than 1.31% [2] - Puyuan Information's actual controller and its concerted actors plan to reduce their holdings by no more than 2.9951% [2] - Botuo Biological's actual controller Yu Xiuping plans to reduce no more than 3% [2] - Sanbo Brain Science's shareholder TBP plans to reduce no more than 3% [2] - Yijiahe's Huatai Zhanxin Investment and Daofeng Investment plan to reduce no more than 2% [2] - Rongzhirixin's controlling shareholder and concerted parties plan to reduce no more than 3% [2] - Taijin Investment's shareholders plan to reduce no more than 3% [2] - Xidian New Energy's shareholder Changjiang Chen Dao plans to reduce no more than 2% [2] - Huoshan's two shareholders plan to reduce a total of 5.45% [2] - Dongfang Zhaoye's chairman Feng Liming plans to reduce no more than 131,500 shares [2] - Nanjing New Hundred plans to reduce no more than 6 million shares of repurchased stock [2] - Xagong's shareholder Xiamen Kouhang plans to reduce no more than 1% [2] - Jinhongshun's shareholder Gaode Investment plans to reduce no more than 3% [2]

Shareholder Reduction - Shareholders Gao Zhan and Zhou Xuan of Xinhau Optoelectronics plan to reduce their holdings by a total of no more than 1.0176 million shares [1] - Shareholders Xinyue Investment, Mingniu Investment, and Chengyue Investment of Yiming Food plan to reduce their holdings by a total of no more than 12.03 million shares [1] - The consistent action party of shareholders holding more than 5% of Yingshisheng plans to reduce their holdings by no more than 2% [1] - Chairman and General Manager Nie Weihua of Rongzhi Rixin plans to reduce his holdings by no more than 1.40% [1] - Major shareholder Wang Jing of Zhongchumei plans to reduce his holdings by no more than 1.76 million shares [1] - Shareholder Huatai Zhanzheng Investment of Yijiahe plans to reduce their holdings by no more than 4.0972 million shares [1] - Actual controller Yu Xiuping of Botuo Biological plans to reduce his holdings by no more than 3% [1] Other Financial Information - Electric Science Cybersecurity reported a net loss of 170 million yuan in the first half of the year [1] - Ziaotai reported a net loss of 125 million yuan in the first half of the year [1]

Core Points - The company Ying Shisheng (300377) announced that its shareholder, Hengsheng Electronics, plans to reduce its stake through Shanghai Tongyi Investment Management Co., Ltd. [1] Summary by Category Shareholder Actions - Shanghai Tongyi intends to reduce its holdings by up to 15.02 million shares, which represents 2% of the company's total share capital, within three months after five trading days from the announcement [1]