北京大成律师事务所 关于北京指 南 针 科 技 发 展 股 份 有 限 公 司 2025 年 年 度 股东会的 法 律 意 见 书 大成证字[2026]第 021 号 北京市朝阳区朝阳门南大街 10 号兆泰国际中心 B 座 16-21 层（100020） 16-21F, Tower B, ZT INTERNATIONAL CENTER, No.10 Chaoyangmen Nandajie, Chaoyang District, 100020, Beijing, China Tel: 8610-58137799 Fax: 8610-58137788 www.dentons.cn 北京大成律师事务所 关 于 北 京 指 南 针 科 技 发 展 股 份 有 限 公 司 2025 年 年 度 股东会 的 法 律 意 见 书 大成证字[2026]第 021 号 致：北京指南针科技发展股份有限公司 根据《中华人民共和国证券法》（以下简称《证券法》）、《中华人民共和 国公司法》（以下简称《公司法》）和中国证券监督管理委员会《上市公司股东 会规则》（以下简称《股东会规则》）等法律、法规和其他有关规范性文件的要 求，北京大成 ...

证券代码：300803 证券简称：指南针 公告编号：2026-014 北京指南针科技发展股份有限公司 2025 年年度股东会决议公告 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. 本次股东会未涉及变更以往股东会已通过的决议。 一、 会议召开和出席情况 1. 会议召开的时间： 现场会议时间：2026 年 2 月 25 日下午 2:30 网络投票时间：2026 年 2 月 25 日 其中，通过深圳证券交易所交易系统进行网络投票的时间为 2026 年 2 月 25 日上午 9:15—9:25，9:30—11:30，下午 1:00—3:00；通过深圳证券交易所互联网 投票系统进行网络投票的时间为 2026 年 2 月 25 日上午 9:15 至下午 3:00。 2. 会议召开的地点：北京市昌平区七北路 42 号院 TBD 云集中心 2 号楼 1 单 元 5 层公司会议室。 3. 会议召开的方式：采取现场投票与网络投票相结合的方式召开。 4. 会议召集人：公司董事会 5. 会议主持人：董事长吴玉明先生 6. 会 ...

Group 1 - The core transaction involved 20,000 shares of the company "指南针" (Compass), with a total transaction value of 2.3554 million yuan, representing 0.11% of the total trading volume for the day [1] - The transaction price was 117.77 yuan per share, which was consistent with the market closing price on that day [1] - The buyer was an institutional entity, while the seller was identified as CITIC Securities Co., Ltd. Shanghai Branch [2]

Group 1 - The A-share market continues to show positive momentum with over 3,700 stocks rising, and the "Flagship 2.0" fintech ETF (159103) increasing by 1.7%, indicating a continuous influx of capital into the fintech sector [1][2] - The majority of the constituent stocks of the fintech ETF saw significant gains, with Star Ring Technology rising over 16% and other stocks like Tonghuashun and Guiding Compass increasing by over 2% [3][4] - The "Flagship 2.0" fintech sector encompasses both internet brokerages and financial IT, benefiting from active market liquidity and a reshaped growth logic driven by policy, technology, and business [5] Group 2 - Internet brokerages are experiencing heightened market activity, with a projected daily trading volume of 1.73 trillion yuan by 2025, representing a 63% year-on-year increase from 2024 [6] - The financial IT sector is undergoing a transformation driven by policy, technology, and business, with a focus on domestic alternatives and cloud computing adoption among financial institutions [7][8] - Emerging business scenarios in wealth management and inclusive finance are shifting IT investments from rigid expenditures to structural growth, highlighting the resilience of fintech in a high liquidity environment [8]

Investment Rating - The report assigns an "Overweight" rating for the financial technology sector [4]. Core Insights - The domestic large model products and marketing have shown highlights, benefiting related financial technology stocks. The overseas RWA regulation has become clearer, and financial information regulation is tightening. Compliant financial institutions are expected to benefit more [2]. Summary by Sections 1. AI - From February 2 to February 20, 2026, the financial technology index decreased from 3116.08 to 3093.77, with a return of -0.72%. The Hong Kong financial technology index fell by 3.48% during the same period. Financial IT and third-party payment sectors performed well due to increased marketing efforts of major AI models and new regulations on virtual currencies [7][8]. 2. Overseas RWA Regulation - **2.1 Financial IT**: On February 6, the People's Bank of China and eight departments issued a notice to prevent risks related to virtual currencies and clarified the RWA regulatory framework for overseas issuance [12][13]. - **2.2 Financial Information Services**: On February 9, the Shanghai and Shenzhen Stock Exchanges announced optimized refinancing measures, benefiting high-quality R&D enterprises [14]. - **2.3 Third-party Payment**: New scenarios for digital currency have emerged, and the concentration of licenses in the third-party payment sector is accelerating [16]. - **2.4 Consumer Finance**: The head effect is evident, with a focus on promoting domestic demand through consumer finance [18]. 3. Individual Company News and Announcements - **3.1** Lakala is accelerating the development of intelligent payment through MOSS, while Tonghuashun's vertical model has gained high usage rates among brokers [19]. - **3.2** ST Rendo's net assets are expected to turn positive, and Jiufang Zhitu has initiated a stock buyback [21]. 4. Investment Recommendations - Digital RMB is expanding its application scenarios, indicating significant growth potential. AI is driving the upgrade of financial services, presenting new investment opportunities. Recommended core companies include: 1. Financial IT firms benefiting from digital currency upgrades: Changliang Technology, Yuxin Technology, Zhongke Software, and New Zhiyuan Software [24][28]. 2. Financial information service companies focusing on intelligent investment research: Jiufang Zhitu, Tonghuashun, and Dongfang Caifu [24][28]. 3. Payment institutions adapting to digital currency functionalities: Lakala, Yika, and Lianlian Digital [24][28]. 4. Consumer finance companies leveraging intelligent customer service and marketing: Yixin Group and Qifu Technology [24][28].

Group 1 - The three major indices collectively declined, with the ChiNext software sector experiencing a rise followed by a pullback, indicating mixed performance among constituent stocks [1] - The ChiNext software ETF from Huaxia has recently shown a trend of capital inflow, with a net subscription of 24.66 million yuan over the past three days [1] - Guotai Junan emphasizes that by 2026, AI applications are expected to transition from "usable" to "user-friendly," becoming a core theme in the AI industry market [1] Group 2 - The top ten weighted stocks in the ChiNext software index account for 48.61% of the index, with notable companies including Tonghuashun, Runze Technology, and Kunlun Wanwei [2] - The performance of key stocks within the index shows varied results, with some stocks like Huada Jiutian and Softcom Power showing positive changes, while others like Deepin Technology and Kunlun Wanwei experienced declines [3]

Group 1 - The controlling shareholder, Guangzhou Zhanxin, released a pledge of 7,027,500 shares on February 12, accounting for 2.93% of its holdings and 1.15% of the company's total share capital [1] - On the same day, Guangzhou Zhanxin extended the pledge of 12,330,000 shares until February 2027, with a total of 12,330,000 shares pledged, representing 5.13% of its holdings, indicating no risk of forced liquidation [1]

Group 1 - The company announced that its 14th board meeting was held on February 12, 2026, via communication methods [1] - The meeting reviewed a proposal regarding the extension of loans provided by the controlling shareholder and related party transactions [1] Group 2 - Investors Ge Weidong and Fang Wenyuan each invested 1 billion yuan in the company, leading to a significant increase in the company's stock price [1] - Historical analysis indicates that retail investors participating in private placements have experienced both gains and losses [1]

Core Viewpoint - The company announced that its controlling shareholder, Guangzhou Zhanxin Communication Technology Co., Ltd., plans to extend the term of two loans totaling 150 million yuan by one year, with an adjusted interest rate of 3.4166% [1] Group 1 - The total amount of the loans involved in the transaction is 150 million yuan [1] - The interest rate for the loans has been adjusted to 3.4166% [1] - The transaction constitutes a related party transaction and has been approved by the board of directors, pending shareholder meeting approval [1]

证券代码：300803 证券简称：指南针 公告编号：2026-011 1. 北京指南针科技发展股份有限公司（以下简称"公司"）于 2026 年 2 月 9 日以邮件方式发出第十四届董事会第十四次会议通知。 2. 本次董事会于 2026 年 2 月 12 日以通讯方式召开。 3. 本次董事会由董事长吴玉明先生主持，本次会议应出席会议的董事 9 人， 实际出席会议的董事 9 人。 4. 本次董事会会议的召集、召开符合有关法律、行政法规、部门规章、规范 性文件和《公司章程》的规定。 二、董事会会议审议情况 本次会议以记名方式投票表决，审议通过以下事项： （一） 审议通过《关于控股股东向公司提供借款展期暨关联交易的议案》 为满足公司日常经营资金需求，公司控股股东广州展新通讯科技有限公司 （以下简称"广州展新"）拟将已向公司提供的两笔合计 15,000 万元借款期限自 届满之日起延长 1 年，用于补充公司流动资金，借款年利率为 3.4166%。 北京指南针科技发展股份有限公司 第十四届董事会第十四次会议决议公告 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。 一、董事会 ...