Summary of the Conference Call Company Overview - The conference call was held by Yuxin Technology, discussing the company's performance in the first three quarters of 2025, highlighting the overall operational strategy and financial results. Key Points Financial Performance - **Revenue Growth**: The company reported fluctuations in revenue with no significant growth, but net profit excluding share-based payments increased by 29% year-on-year, while the net profit including share-based payments saw a 205% increase [2][3]. - **Investment Income**: There was a decrease in investment income of approximately 30 million compared to the previous year, contributing to perceived volatility in quarterly profits [3]. - **Cash Flow**: The software business experienced a significant cash inflow, with a 157% year-on-year increase in operating cash flow, indicating strong operational quality and customer recognition [3][4]. - **Gross Margin Improvement**: The gross margin for core business increased by 1.2 percentage points year-on-year, with specific improvements in banking technology solutions [4][5]. Business Segments - **Innovation Operations**: The innovation operations segment grew by 30% in the first three quarters, benefiting from overseas contributions [5]. - **Non-Banking IT Solutions**: This segment saw a 7.8% growth, attributed to an increased hardware component [5]. - **Client Base**: Major banks and joint-stock banks accounted for 50% of revenue, with a focus on large clients [5][6]. Strategic Initiatives - **AI Development**: The company is actively developing AI solutions, including a collaboration with rural commercial banks for an AI model integration [17][18]. Orders related to AI are expected to double compared to the previous year [18]. - **Digital Currency Projects**: Yuxin Technology has established itself as a key player in digital currency projects, having successfully launched a digital wallet and smart contract system for overseas markets [20][21][22]. - **Financial Cloud Services**: The company is enhancing its financial cloud services, focusing on GPU-based solutions to empower small and medium-sized banks [33][34]. Market Outlook - **IT Budget Trends**: Large banks are expected to maintain stable IT investments, while small and medium-sized banks may face challenges due to budget constraints and the need for operational changes [40][41]. - **Opportunities in Overseas Markets**: The company sees significant potential in overseas markets, particularly in the context of digital currency and Web 3.0 developments [51][52]. Challenges and Risks - **Market Competition**: Small and medium-sized banks may struggle with competition and operational efficiency, leading to potential consolidation in the sector [41][42]. - **Regulatory Environment**: The company is navigating a complex regulatory landscape, particularly concerning digital currency and financial technology [46][47]. Additional Insights - **R&D Investment**: The company maintains a high R&D investment rate of around 13%, crucial for sustaining technological leadership [7][8]. - **Talent Acquisition**: There is a focus on attracting talent related to AI and Web 3.0 to support ongoing innovation [12]. Conclusion - Yuxin Technology is positioned for growth with a strong focus on innovation, AI, and digital currency projects, while also facing challenges in the competitive landscape and regulatory environment. The outlook for the next year appears optimistic, particularly in overseas markets and emerging technologies.

Financial Performance - The company achieved a net profit of 307 million yuan, excluding equity payment, representing a year-on-year increase of 28.86% [2][3] - The comprehensive gross profit margin reached 33.86%, an increase of 1.19 percentage points year-on-year [3] - The net cash flow from software business increased by over 150% year-on-year, with a reduction in accounts receivable and impairment losses [3] Business Strategy and R&D - The company focuses on AI empowerment in the financial vertical, with R&D investment accounting for nearly 13% of revenue during the reporting period [3] - The innovative operations business saw a revenue increase of approximately 30% year-on-year, driven by the growth of a certain overseas client's operations [3] AI and Digital Currency Initiatives - The company launched a new generation AI smart banking product, which has been implemented in a major state-owned bank [4] - Successful participation in an overseas digital currency project, which is currently in the regulatory sandbox verification phase [5] - Collaboration with various financial institutions to integrate AI capabilities into their operations, including the development of an intelligent credit platform [4][5] Market Expansion and Client Engagement - The company is actively exploring markets in Southeast Asia, the Middle East, and Central Asia, focusing on scenario finance and mobile payment innovations [3] - Revenue from state-owned and joint-stock banks accounted for over 50% of total income in the first three quarters, indicating a strong client strategy [8] - The company anticipates continued differentiation in the banking IT market, with large banks maintaining stable and aggressive IT investments [8] Risk and Future Outlook - The company emphasizes the importance of recognizing risks associated with future development plans and performance expectations [8]

Core Viewpoint - Yuxin Technology's stock price has shown a year-to-date increase of 25.09%, with recent fluctuations indicating a slight decline over the past 20 and 60 days [1][2]. Financial Performance - For the period from January to September 2025, Yuxin Technology reported a revenue of 2.186 billion yuan, representing a year-on-year decrease of 6.99%. However, the net profit attributable to shareholders increased by 6.48% to 279 million yuan [2]. - Cumulatively, since its A-share listing, Yuxin Technology has distributed a total of 809 million yuan in dividends, with 415 million yuan distributed over the past three years [3]. Stock Market Activity - As of October 31, Yuxin Technology's stock was trading at 24.10 yuan per share, with a market capitalization of 16.968 billion yuan. The stock experienced a net inflow of 5.415 million yuan from main funds [1]. - The number of shareholders decreased by 2.54% to 74,800, while the average number of circulating shares per person increased by 2.60% to 9,396 shares [2]. Shareholder Composition - As of September 30, 2025, the fourth largest circulating shareholder was Huabao Zhongzheng Financial Technology Theme ETF, holding 9.2526 million shares, an increase of 4.4047 million shares from the previous period. Conversely, Hong Kong Central Clearing Limited, the seventh largest shareholder, reduced its holdings by 562,500 shares [3].

Core Insights - The company reported a revenue of 2.186 billion yuan for the first three quarters of 2025, a year-on-year decrease of 6.99% [1] - The net profit attributable to shareholders for the same period was 279 million yuan, reflecting a year-on-year increase of 6.48% [1] - In the third quarter alone, the company achieved a revenue of 771 million yuan, down 10.42% year-on-year, while the net profit attributable to shareholders was approximately 58.7 million yuan, a decrease of 40.82% year-on-year [1] Business Overview - The company specializes in banking technology solutions, non-banking technology solutions, and innovative operational services, covering various aspects of client business, channels, operations, and management [1] - The company submitted an application for the issuance of overseas listed shares (H shares) to the Hong Kong Stock Exchange on June 18, 2025, and published the application materials on the same day [1]

Core Viewpoint - Yuxin Technology (300674.SZ) reported a revenue of 2.186 billion yuan for the first three quarters, with a net profit attributable to shareholders of 279 million yuan, reflecting a year-on-year growth of 6.48% [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 270 million yuan, showing a year-on-year increase of 24.81% [1] Financial Performance - Total revenue for the first three quarters reached 2.186 billion yuan [1] - Net profit attributable to shareholders was 279 million yuan, up 6.48% year-on-year [1] - Net profit after deducting non-recurring items was 270 million yuan, representing a 24.81% year-on-year growth [1]

本公司及董事会全体成员保证公告内容真实、准确和完整，不存在任何 虚假记载、误导性陈述或者重大遗漏。 证券代码：300674 证券简称：宇信科技 公告编号：2025-076 北京宇信科技集团股份有限公司 关于增加2025年度向银行申请综合授信额度的公告 本次增加申请综合授信额度事项审议通过后，公司 2025 年度向银行申请综 合授信累计额度为不超过 37.50 亿元人民币。 1 特此公告。 2025 年 10 月 29 日 2 北京宇信科技集团股份有限公司（以下简称"宇信科技"或"公司"）于2025年 10月27日召开第四届董事会第九次会议审议通过了《关于增加2025年度向银行申 请综合授信额度的议案》，为满足业务发展需要，同意公司及子公司拟增加向中 国光大银行股份有限公司北京京广桥支行、北京银行股份有限公司中关村分行合 计申请综合授信额度9亿元。 上述授信额度有效期1年，在以上额度范围内可循环使用，具体授信金额、 授信方式等最终以公司与银行实际签订的正式协议或合同为准。在授信期限内， 授信额度可循环使用。董事会授权公司董事长洪卫东先生签署上述额度内的授信 相关协议或合同。 本次申请授信事项在董事会审议范围内， ...

北京宇信科技集团股份有限公司（以下简称"公司"）于 2025 年 10 月 27 日召开第四届董事会第九次会议，审议通过了《关于<2025 年第三季度报告>的 议案》。 为使广大投资者全面了解公司的经营、财务状况，公司《2025 年第三季度 报告》将于 2025 年 10 月 30 日在中国证监会指定的创业板信息披露网站巨潮资 讯网（http://www.cninfo.com.cn）上披露，敬请广大投资者注意查阅。 特此公告。 北京宇信科技集团股份有限公司 关于披露2025年第三季度报告的提示性公告 本公司及董事会全体成员保证公告内容真实、准确和完整，不存在任何 虚假记载、误导性陈述或者重大遗漏。 北京宇信科技集团股份有限公司董事会 2025 年 10 月 29 日 证券代码：300674 证券简称：宇信科技 公告编号：2025-074 1 ...

证券代码：300674 证券简称：宇信科技 公告编号：2025-073 北京宇信科技集团股份有限公司 第四届董事会第九次会议决议公告 本公司及董事会全体成员保证公告内容真实、准确和完整，不存在任何 虚假记载、误导性陈述或者重大遗漏。 一、董事会会议召开情况 北京宇信科技集团股份有限公司（以下简称"公司"）第四届董事会第九次会 议于2025年10月27日以现场会议结合通讯会议的方式召开，会议通知于2025年10 月24日以电子邮件方式向各位董事发出。出席本次会议应到董事8人，实到董事8 人，会议由公司董事长洪卫东先生主持。本次会议的召集、召开符合《公司法》 等相关法律法规及《公司章程》的规定。 二、董事会会议审议情况 1、审议并通过《关于〈2025 年第三季度报告〉的议案》 公司董事会严格按照相关法律、行政法规和中国证监会的规定，编制了《2025 年第三季度报告》，报告内容真实、准确、完整地反映了公司 2025 年第三季度 的经营成果和财务状况，不存在任何虚假记载、误导性陈述或者重大遗漏。 本议案已经董事会审计与风险控制委员会审议通过。 表决结果：8 票同意，0 票反对，0 票弃权。 具体内容详见公司同日在巨潮 ...

Core Insights - The company reported a revenue of 771 million yuan for Q3 2025, representing a year-on-year decline of 10.42% [1] - The net profit attributable to shareholders for Q3 2025 was 58.7 million yuan, down 40.82% year-on-year [1] - Basic earnings per share for Q3 2025 stood at 0.09 yuan [1] Financial Performance - For the first three quarters of 2025, the company achieved a total revenue of 2.186 billion yuan, which is a decrease of 6.99% compared to the same period last year [1] - The net profit attributable to shareholders for the first three quarters was 279 million yuan, showing a year-on-year increase of 6.48% [1] - Basic earnings per share for the first three quarters were reported at 0.41 yuan [1]

Financial Performance - The company's revenue for Q3 2025 was ¥771,263,210.73, a decrease of 10.42% compared to the same period last year[2] - Net profit attributable to shareholders was ¥58,698,869.79, down 40.82% year-on-year[2] - The net profit excluding non-recurring gains and losses was ¥58,232,948.09, a decrease of 22.51% compared to the previous year[2] - The basic earnings per share for Q3 2025 was ¥0.09, down 35.71% year-on-year[2] - Total operating revenue for the current period is ¥2,186,423,208.85, a decrease of 7.0% from ¥2,350,798,648.97 in the previous period[26] - Net profit for the current period is ¥281,620,357.24, an increase of 7.3% compared to ¥262,424,065.10 in the previous period[28] - The net profit attributable to the parent company's shareholders for the current period is ¥279,152,484.30, an increase from ¥262,169,374.45 in the previous period, representing a growth of approximately 6.0%[30] - The total comprehensive income for the current period is ¥278,914,342.51, compared to ¥235,911,996.64 in the previous period, indicating an increase of about 18.2%[30] - The basic earnings per share for the current period is ¥0.41, up from ¥0.38 in the previous period, reflecting an increase of 7.9%[30] Assets and Liabilities - Total assets at the end of Q3 2025 were ¥6,005,287,126.91, an increase of 3.09% from the end of the previous year[2] - The company's total assets increased to ¥6,005,287,126.91 from ¥5,825,169,063.21, reflecting a growth of 3.1%[24] - Current liabilities totaled ¥1,527,902,896.80, up from ¥1,490,997,324.28, indicating an increase of 2.4%[24] - Non-current assets rose to ¥1,368,882,140.54, compared to ¥1,151,553,721.73, marking a significant increase of 19.0%[24] Cash Flow - Cash flow from operating activities showed a net outflow of ¥367,999,635.19, a significant increase of 125.70% compared to the same period last year[11] - The net cash flow from operating activities for the current period is -¥367,999,635.19, worsening from -¥163,046,799.31 in the previous period[32] - Cash inflow from operating activities totaled ¥2,258,277,194.49, down from ¥2,674,605,719.40 in the previous period, a decrease of approximately 15.5%[32] - Cash outflow from operating activities is ¥2,626,276,829.68, compared to ¥2,837,652,518.71 in the previous period, a decrease of about 7.4%[32] - The net cash flow from investing activities is -¥891,810,005.10, compared to -¥35,716,056.63 in the previous period, indicating a significant decline[32] - The net cash flow from financing activities is ¥316,526,502.23, improving from -¥263,500,938.80 in the previous period[34] - The ending balance of cash and cash equivalents is ¥1,736,177,206.77, compared to ¥1,570,026,261.03 in the previous period, an increase of approximately 10.6%[34] - The company has a total of 1,745,015,177.63 CNY in cash and cash equivalents at the end of the reporting period, down from 2,709,800,796.57 CNY at the beginning of the period[20] Shareholder Information - The total number of common shareholders at the end of the reporting period is 77,589[13] - The largest shareholder, Zhuhai Yuqin Hongtai Investment Group, holds 24.18% of shares, totaling 170,219,041 shares[13] - Baidu (China) Limited is the second-largest shareholder with a 3.64% stake, amounting to 25,600,000 shares[13] - The top ten shareholders hold a significant portion of the company's shares, with the top three alone accounting for over 31%[14] - The company has not reported any changes in the lending of shares by major shareholders during this period[14] Investments and Expenses - The company reported a 400.44% increase in fixed assets, totaling ¥353,645,294.62, primarily due to the purchase of an office building[8] - Short-term borrowings increased by 3,526.42% to ¥398,906,666.66, mainly due to bank loans[8] - The company experienced a 58.68% decrease in other income, totaling ¥11,919,266.84, primarily due to reduced government subsidies[9] - Investment income decreased by 39.55% to ¥35,856,858.62, mainly due to reduced returns from disposed financial assets[9] - Research and development expenses for the current period are ¥276,185,354.08, down from ¥310,985,636.72, a decrease of 11.2%[28] - The company reported a financial investment income of ¥35,856,858.62, down from ¥59,313,828.00, a decline of 39.6%[28] Stock and Share Restrictions - The company is advancing its 2025 second employee stock ownership plan, which was approved by the board and shareholders[18] - The total number of restricted shares at the end of the period is 1,045,265, with 184,250 shares released from restrictions during the period[17] - The company has a total of 9,252,565 shares held by China Construction Bank as part of its financial technology theme investment fund[14] - The company has no preferred shareholders or changes in restricted shares reported for this period[15]