Corporate Announcements - Sanfeng Intelligent's director Chen Wei has been placed under investigation, but the company's operations remain normal and unaffected [3] - Shanghai Pharmaceuticals plans to acquire a 10% stake in Shanghai Shihua Group Financial Company for 143 million yuan, increasing its ownership from 30% to 40% [4] - Western Gold intends to acquire 100% of Xinjiang Meisheng Mining for 1.655 billion yuan, with a premium of 1421.66% over book value; the target company is expected to commence production in the second half of 2025 [5] - Hengrui Medicine plans to acquire approximately 1.46% of Chengdu Shengdi Pharmaceutical from minority shareholders for 40.144 million yuan, increasing its stake to 97.37% [6] - Dongshan Precision has approved an investment of up to 1 billion USD for a high-end printed circuit board project to meet long-term demand in emerging markets [7] - ST Wanfang and Rebecca have both received notices from the China Securities Regulatory Commission regarding investigations into information disclosure violations, but their operations remain normal [8][9] Financial Performance - China Duty Free Group reported a net profit of 2.6 billion yuan for the first half of 2025, a decrease of 20.81% year-on-year, with total revenue of 28.151 billion yuan, down 9.96% [13] - Digital Certification expects a loss of 80 to 96 million yuan for the first half of 2025, compared to a loss of 29.25 million yuan in the same period last year [14] - Western Mining reported a net profit of 1.869 billion yuan for the first half of 2025, an increase of 15% year-on-year, with total revenue of 31.619 billion yuan, up 27% [15] Major Contracts - ST Dongyi signed new orders worth 215 million yuan in the second quarter for its decoration business, with total uncompleted contracts amounting to 383 million yuan [17] - Guangshen Railway signed a cooperation agreement for the Guangzhou East Station renovation project, with a total investment of approximately 16.66 billion yuan [18] Shareholder Actions - Huajin Technology's employee stock ownership platform plans to reduce its stake by up to 4% within three months [20] - Liuyuan Group intends to repurchase shares worth between 100 million and 200 million yuan, with a maximum repurchase price of 25.7 yuan per share [22]

[Beijing Digital Certification Co., Ltd. 2025 Semi-Annual Performance Forecast](index=1&type=section&id=Beijing%20Digital%20Certification%20Co.%2C%20Ltd.%202025%20Semi-Annual%20Performance%20Forecast) The company anticipates a significant net loss for the first half of 2025, primarily due to decreased revenue and increased operational expenditures [Expected Performance for the Current Period](index=1&type=section&id=Item%201.%20Expected%20Performance%20for%20the%20Current%20Period) The company expects to record a net loss for the first half of 2025, with the loss significantly expanding compared to the same period last year, projecting a net loss attributable to shareholders of **RMB 80 million to RMB 96 million**, compared to a loss of **RMB 29.2507 million** in the prior year period 2025 Semi-Annual Performance Forecast | Item | Current Reporting Period (January 1 - June 30, 2025) | Prior Year Period | | :--- | :--- | :--- | | **Net Profit Attributable to Shareholders of Listed Company** | Loss: RMB 80.00 million – RMB 96.00 million | Loss: RMB 29.2507 million | | **Net Profit After Deducting Non-Recurring Gains and Losses** | Loss: RMB 86.50 million – RMB 102.50 million | Loss: RMB 31.8345 million | [Communication with Accounting Firm](index=1&type=section&id=Item%202.%20Communication%20with%20Accounting%20Firm) The company explicitly states that the performance forecast data released has not been audited by a certified public accountant - This performance forecast has not been audited by a certified public accountant[4](index=4&type=chunk) [Explanation of Performance Changes](index=1&type=section&id=Item%203.%20Explanation%20of%20Performance%20Changes) The company attributes the projected loss for the current period primarily to two factors: a year-over-year decrease in operating revenue due to intensified market competition and project cycles, and increased research and development and market expansion investments for new scenario applications, leading to higher related expenses - Operating revenue decreased due to intensified market competition and project implementation cycles, resulting in a reduction compared to the prior year period[5](index=5&type=chunk) - Expenses increased as the company continued to boost investment in research and development for new scenario application technologies and market expansion efforts, leading to a year-over-year rise in R&D and sales expenses[5](index=5&type=chunk) - Non-recurring gains and losses are estimated to impact net profit by approximately **RMB 6.5 million** in the current reporting period, primarily from government subsidies and wealth management product income[5](index=5&type=chunk) [Other Relevant Information](index=1&type=section&id=Item%204.%20Other%20Relevant%20Information) The company emphasizes that this performance forecast is a preliminary estimate by the finance department, unaudited, and the final accurate financial data will be officially disclosed in the 2025 semi-annual report - This performance forecast is a preliminary estimate by the company's finance department, unaudited by a certified public accountant, and the specific financial data will be subject to the company's 2025 semi-annual report[6](index=6&type=chunk)

北京市朝阳区建外大街甲 14 号广播大厦 5/9/10/13/17 层 北京海润天睿律师事务所 关于北京数字认证股份有限公司 2025 年第二次临时股东大会的法律意见书 致：北京数字认证股份有限公司 北京海润天睿律师事务所（以下简称"本所"）接受北京数字认证股份有限 公司（以下简称"公司"）的委托，指派本所律师出席公司 2025 年第二次临时股 东大会，并依据《中华人民共和国公司法》（以下简称《公司法》）、《上市公司股 东会规则》（以下简称《股东会规则》）、《公司章程》及其他相关法律、法规的规 定，就公司本次股东大会的召集、召开程序、出席会议人员的资格、召集人资格、 表决程序及表决结果等有关事宜出具本法律意见书。 对本法律意见书的出具，本所律师特作如下声明：本所及经办律师依据《证 券法》《律师事务所从事证券法律业务管理办法》和《律师事务所证券法律业务 执业规则》等规定及本法律意见书出具日以前已经发生或者存在的事实，严格履 行了法定职责，遵循了勤勉尽责和诚实信用原则，进行了充分的核查验证，保证 本法律意见所认定的事实真实、准确、完整，所发表的结论性意见合法、准确， 不存在虚假记载、误导性陈述或者重大遗漏，并承担 ...

证券代码：300579 证券简称：数字认证 公告编号：2025-033 北京数字认证股份有限公司 2025年第二次临时股东大会决议公告 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.本次股东大会未出现否决议案的情形； 2.本次股东大会不涉及变更以往股东大会已通过的决议； 3.本次会议采取现场会议投票与网络投票相结合的方式召开。 一、会议召开和出席情况 1.会议召开方式：2025年6月28日，公司董事会以公告方式向全体股东发出 召开2025年第二次临时股东大会的会议通知，本次会议以现场投票与网络投票相 结合的方式召开。 份917,093股，占公司有表决权股份总数的0.3397％。 (2)中小股东出席的总体情况： 通过现场和网络投票的中小股东189人，代表股份917,093股，占公司有表决 权股份总数的0.3397％。其中：通过现场投票的中小股东0人，代表股份0股，占 公司有表决权股份总数的0.0000％。通过网络投票的中小股东189人，代表股份 917,093股，占公司有表决权股份总数的0.3397％。 2.现场会议时间：2025年7月15日（ ...

Core Insights - The implementation of the Hong Kong Stablecoin Regulation in July 2025 marks a significant step in the regulation of stablecoins, enhancing cross-border payment efficiency by over 90% and reducing costs to one-tenth of traditional methods [1][3] - The expansion of the digital yuan pilot to 50 cities, with annual transactions exceeding 1 trillion yuan, highlights China's advancements in digital currency, prompting major tech companies like Ant Group and JD.com to invest in compliant stablecoins [3] - Stablecoins are positioned as a bridge between cryptocurrencies and traditional finance, addressing long-standing issues in cross-border trade such as high fees, slow settlements, and low transparency, with the market for cross-border payments growing at an annual rate exceeding 200% [3] Company Summaries - **Four方精创**: A key service provider for the Hong Kong Monetary Authority, developing the mBridge cross-border clearing module and offering a platform for stablecoin issuance, with potential annual revenue exceeding 250 million HKD if the stablecoin market reaches 50 billion HKD [5] - **拉卡拉**: The only domestic third-party payment institution with a full license for cross-border RMB payments, supporting stablecoin payments through 5 million POS terminals, with a projected revenue of 200 million yuan from stablecoin-related activities in 2025 [6] - **海联金汇**: Holds the only MSO license among A-share companies, with significant market share in Southeast Asia and participation in the mBridge project, reporting a 950% year-on-year increase in net profit in Q1 2025 [6] - **恒宝股份**: A leading supplier of hardware security modules for digital currencies, with a market share exceeding 30%, providing hardware for stablecoin transactions and participating in the mBridge project [7] - **新大陆**: A global leader in smart terminals, integrating digital yuan and stablecoin functionalities, with a projected order of 200,000 terminals in Southeast Asia in 2025 [7] - **京北方**: The only A-share company explicitly linked to stablecoin technology, providing underlying settlement technology for major banks and participating in the mBridge project [8] - **雄帝科技**: Developed a dual-track payment system compatible with both digital yuan and stablecoins, providing key services for the Hong Kong pilot [8] - **华峰超纤**: Collaborating with JD Wallet to test stablecoin retail scenarios in the UAE, with a focus on programmable payment protocols [9] - **恒生电子**: Provides core system support for Ant Group's stablecoin operations, with a significant market share in asset management systems [10] - **数字认证**: Supplies key management services for stablecoins to the Hong Kong Monetary Authority, with a strong presence in government blockchain projects [10]

Group 1: Digital Rights Confirmation Sector Performance - The digital rights confirmation sector showed active performance on July 4, with stocks like Tianyi Ma (301178) and Nanwei Software (603636) rising over 5% [1] - The demand for data trading is increasing as the digital economy grows, making data rights confirmation essential for establishing trust in data transactions [1] Group 2: Importance of Data Rights Confirmation - Data rights confirmation clarifies the ownership and usage rules of data, preventing fraud in stablecoin transactions and protecting investors' rights [2] - The process enhances transparency in the issuance, circulation, and trading of stablecoins, allowing investors to make informed decisions [2] Group 3: Industry Outlook and Company Insights - According to Chuan Cai Securities, the rapid development of digital technology has significantly improved production and service efficiency for data-intensive enterprises, leading to higher valuations [2] - Data rights confirmation is fundamental to data assetization, and despite being in an exploratory phase, the industry has broad development prospects as property rights protection improves [2] Group 4: Key Companies in Data Rights Confirmation - Zhongke Jincai (002657) is integrating privacy computing with alliance chain technology to create a comprehensive solution for data rights confirmation, storage, interaction, and circulation [2] - Desheng Technology (002908) has developed a self-researched product "Desheng Zhengshu Tong," establishing standard technical specifications in the field of government big data [2] - Tianyi Ma has developed a data middle platform based on big data technology, enabling applications like data lakes and data warehouses [3] - Nanwei Software is a leader in blockchain "digital government," with its blockchain electronic certificate included in the National Cyberspace Administration's product directory [3] - Digital Certification (300579) combines cryptography with identity to provide data encryption, secure storage, and transmission, creating a comprehensive data security protection system [3] - Kelong Software (300663) has a subsidiary, Dalu Cloud Shield, focusing on judicial preservation and evidence confirmation within the realm of digital rights confirmation [3] - Deep Sanda A has established a joint research institute with Tsinghua University to address challenges in data rights confirmation, pricing, measurement, and security [3] - Annie Co., Ltd. (002235) developed a copyright information search engine, "Copyright Encyclopedia," to meet client needs for one-stop copyright information searches [3]

Group 1 - The implementation of the "National Network Identity Authentication Public Service Management Measures" will begin on July 15, 2025, as announced by six departments including the Ministry of Public Security and the National Internet Information Office [1][3] - The management measures consist of 16 articles that define the concepts of national network identity authentication services, including the network number and network certificate, as well as their application scenarios and responsibilities for data security and personal information protection [1][2] - The introduction of network numbers and certificates is expected to create significant demand for identity verification equipment, including chips, modules, and complete machines, particularly in offline scenarios [1][2] Group 2 - Longjiang Securities highlights that the establishment of a trusted digital identity system is crucial for the development of the digital economy, with China's network number and certificate potentially forming its own trusted digital identity system [2] - The official release of the management measures may accelerate the integration of certain online applications with the relevant certification systems, driving demand for certification system construction and related equipment [2][6] Group 3 - Companies to watch include those involved in the construction of network identity authentication platforms, those with expertise in CTID and eID technologies, and hardware manufacturers related to network identity authentication [6] - Specific companies mentioned include: - Shengbang Security, which collaborates deeply with the Ministry of Public Security on cybersecurity products [7] - Newland, a core supplier of network certificate QR code devices and solutions [8] - Xinguodu, which focuses on biometric recognition and identity authentication products [8] - Jida Zhengyuan, a supplier of password security products for the national "Internet +" trusted identity authentication platform [8] - Digital Certification, a leading provider of information security solutions in collaboration with the Ministry of Public Security [8] - Nanwei Software, a provider of smart policing solutions, with electronic ID services as a key business [8] - Jinglun Electronics, which supports various modes of secure identity verification [8]

Core Viewpoint - Digital Authentication has confirmed that it has not engaged in any collaboration with JD.com regarding stablecoins [1] Company Overview - Digital Authentication is a leading provider of cybersecurity solutions, offering electronic certification services, cybersecurity products, integration, and services to clients nationwide [1]

证券代码：300579 证券简称：数字认证 公告编号：2025- 031 北京数字认证股份有限公司 关于"质量回报双提升"行动方案的公告 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。 北京数字认证股份有限公司（ 以下简称数字认证或公司）积极响应深圳证券 交易所（"质量回报双提升"专项行动的有关倡议，结合公司发展战略规划及经营 情况，为进一步维护公司全体股东的利益，增强投资者信心，促进公司高质量可 持续发展，制定"质量回报双提升"行动方案。具体举措如下： 一、聚焦主业发展，持续提升盈利能力 公司是领先的网络安全解决方案提供商，坚持网络安全业务主航道，围绕（"共 建可信任的数字世界"的企业愿景和（"提供高品质的网络安全服务，帮助用户构 建安全可信的网络空间"的公司使命积极进行经营开拓。公司面向全国客户提供 电子认证服务、网络安全产品、网络安全集成、网络安全服务，并在数字政府、 智慧医疗、数字金融、企业数字化、智慧教育等领域建立领先优势。公司的发展 战略是充分发挥在网络安全领域的市场领先优势，围绕国家政策、行业趋势等方 面，基于以密码为核心的技术能力，在（"网络基 ...

证券代码：300579 证券简称：数字认证 公告编号：2025-030 北京数字认证股份有限公司 关于拟变更会计师事务所的公告 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： 拟聘任的 2025 年度会计师事务所名称：信永中和会计师事务所（特殊普通 合伙）（以下简称"信永中和"） 公司聘任的 2024 年度会计师事务所名称：中审众环会计师事务所(特殊普通 合伙)（以下简称"中审众环"） 根据公司控股股东北京市国有资产经营有限责任公司（以下简称"国资公司"） 2025-2027 年度财务决算审计机构项目公开招标结果，同时综合考虑公司审计服 务需求，公司经履行内部采购比选程序拟聘请信永中和为公司 2025 年度审计机 构，聘期一年。不再续聘中审众环。公司本次变更会计师事务所符合《国有企业、 上市公司选聘会计师事务所管理办法》（财会〔2023〕4 号）的相关规定。 一、拟聘任会计师事务所的基本情况 （一）机构信息 1、基本信息 名称：信永中和会计师事务所（特殊普通合伙） 成立日期：2012 年 3 月 2 日 组织形式：特殊普通合伙企业 注册地址：北京市 ...