Core Viewpoint - Zhongke Jiangnan's stock has experienced a significant decline in 2023, with a year-to-date drop of 16.21% and a recent net outflow of funds, indicating potential challenges in market performance [1][2]. Company Overview - Zhongke Jiangnan Information Technology Co., Ltd. was established on November 8, 2011, and went public on May 18, 2022. The company is based in Haidian District, Beijing, and specializes in providing comprehensive solutions based on electronic payment technology [1]. - The company's main business revenue composition includes: electronic payment (63.43%), smart finance (20.19%), government-enterprise digitalization (12.68%), and others (3.70%) [1]. Financial Performance - For the first half of 2025, Zhongke Jiangnan reported an operating income of 240 million yuan, a year-on-year decrease of 33.98%. The net profit attributable to shareholders was -48.45 million yuan, reflecting a significant decline of 246.75% compared to the previous period [2]. - Since its A-share listing, Zhongke Jiangnan has distributed a total of 473 million yuan in dividends [3]. Shareholder Structure - As of June 30, 2025, the number of shareholders for Zhongke Jiangnan was 22,400, a decrease of 0.31% from the previous period. The average circulating shares per person increased by 0.31% to 14,687 shares [2]. - Notable changes in institutional holdings include Hong Kong Central Clearing Limited becoming the sixth-largest circulating shareholder with 2.26 million shares, an increase of 225,600 shares. New shareholder South China CSI 1000 ETF holds 1.30 million shares, while Huabao CSI Financial Technology Theme ETF increased its holdings by 336,200 shares to 1.21 million shares [3].

1 华泰联合证券有限责任公司 关于北京中科江南信息技术股份有限公司 2025 年半年度跟踪报告 | 保荐人名称：华泰联合证券有限责任公司 | 被保荐公司简称：中科江南 | | --- | --- | | 保荐代表人姓名：郑士杰 | 联系电话：010-56839300 | | 保荐代表人姓名：陈超然 | 联系电话：010-56839300 | 一、保荐工作概述 | 项目 | 工作内容 | | --- | --- | | 1.公司信息披露审阅情况 | | | （1）是否及时审阅公司信息披露文件 | 是 | | （2）未及时审阅公司信息披露文件的次数 | 0 次 | | 2．督导公司建立健全并有效执行规章制度的情况 | | | （1）是否督导公司建立健全规章制度（包括 | | | 但不限于防止关联方占用公司资源的制度、 | 是 | | 募集资金管理制度、内控制度、内部审计制 | | | 度、关联交易制度） | | | （2）公司是否有效执行相关规章制度 | 是 | | 3.募集资金监督情况 | | | （1）查询公司募集资金专户次数 | 每月查询一次 | | （2）公司募集资金项目进展是否与信息披露 | 是 | | ...

Core Viewpoint - Zhongke Jiangnan's stock price has experienced a decline of 15.42% year-to-date, with recent fluctuations indicating a slight recovery in the short term, but overall performance remains weak [1][2]. Financial Performance - For the first half of 2025, Zhongke Jiangnan reported revenue of 240 million yuan, a year-on-year decrease of 33.98%, and a net profit attributable to shareholders of -48.45 million yuan, a decline of 246.75% [2]. - Cumulative cash dividends since the company's A-share listing amount to 473 million yuan [3]. Stock Market Activity - As of September 11, Zhongke Jiangnan's stock price was 23.48 yuan per share, with a market capitalization of 8.285 billion yuan [1]. - The stock saw a net inflow of 2.4618 million yuan from main funds, with significant trading activity reflected in the buy and sell volumes [1]. Shareholder Structure - As of August 29, the number of shareholders decreased by 3.72% to 22,500, while the average circulating shares per person increased by 3.86% to 14,642 shares [2]. - Notable changes in institutional holdings include an increase in shares held by Hong Kong Central Clearing Limited and new entries from Southern CSI 1000 ETF and Huabao CSI Financial Technology Theme ETF [3].

9月3日，中科江南跌5.02%，截至发稿，报23.67元/股，成交1.30亿元，换手率1.63%，总市值83.52亿 元。中科江南股价已经连续3天下跌，区间累计跌幅8.45%。 风险提示：市场有风险，投资需谨慎。本文为AI大模型自动发布，任何在本文出现的信息（包括但不 限于个股、评论、预测、图表、指标、理论、任何形式的表述等）均只作为参考，不构成个人投资建 议。 资料显示，北京中科江南信息技术股份有限公司位于北京市海淀区万泉河路68号8号楼1710室，成立日 期2011年11月8日，上市日期2022年5月18日，公司主营业务涉及提供基于支付电子化技术的整体解决方 案。主营业务收入构成为：支付电子化63.43%，智慧财政20.19%，政企数智化12.68%，其他3.70%。 责任编辑：小浪快报 从中科江南十大流通股东角度 南方中证1000ETF（512100）基金经理为崔蕾。 截至发稿，崔蕾累计任职时间6年302天，现任基金资产总规模949.76亿元，任职期间最佳基金回报 138.38%， 任职期间最差基金回报-17.86%。 数据显示，南方基金旗下1只基金位居中科江南十大流通股东。南方中证1000ETF（51 ...

9月8日，中科江南盘中下跌2.01%，截至10:43，报23.43元/股，成交6936.88万元，换手率0.89%，总市 值82.67亿元。 资金流向方面，主力资金净流出447.29万元，特大单买入0.00元，占比0.00%，卖出298.31万元，占比 4.30%；大单买入1280.39万元，占比18.46%，卖出1429.37万元，占比20.61%。 中科江南今年以来股价跌15.60%，近5个交易日跌10.81%，近20日跌6.54%，近60日跌9.19%。 资料显示，北京中科江南信息技术股份有限公司位于北京市海淀区万泉河路68号8号楼1710室，成立日 期2011年11月8日，上市日期2022年5月18日，公司主营业务涉及提供基于支付电子化技术的整体解决方 案。主营业务收入构成为：支付电子化63.43%，智慧财政20.19%，政企数智化12.68%，其他3.70%。 中科江南所属申万行业为：计算机-软件开发-垂直应用软件。所属概念板块包括：电子支付、财税信息 化、AIAgent（智能体）、数字货币、数据要素等。 截至8月29日，中科江南股东户数2.25万，较上期减少3.72%；人均流通股14642股，较上 ...

中科江南回复：投资者您好，高研发投入是公司顺应数字经济趋势的战略选择，上半年已新增多项专利 与软著。公司已采取成本控制措施提升投入效率，短期投入为长远竞争力奠基，未来将持续转化为增长 动力，为股东创造价值。公司的研发情况请参考公司在指定信息披露媒体披露的定期报告。 投资者提问：董秘你好，上半年公司营业只有两亿多，研发投入却是一个亿，是否有点过高？大环境不 好这么多研发是否能减少点，能不能详细介绍这么高比例研发投入未来前景！ 证券之星消息，中科江南(301153)09月05日在投资者关系平台上答复投资者关心的问题。 以上内容为证券之星据公开信息整理，由AI算法生成（网信算备310104345710301240019号），不构成 投资建议。 ...

证券日报网讯中科江南9月3日在互动平台回答投资者提问时表示，截至8月29日公司合并普通账户和融 资融券信用账户的持有人数为22485户。 （文章来源：证券日报） ...

Core Insights - Guangzhou Digital Technology Group has achieved a total market capitalization of 101.16 billion, marking a historical high with its five listed companies [3] Group Structure and Development - The group was established based on the strong foundation of Guangzhou Radio Group and has been focusing on building a digital economy ecosystem [5] - The group aims to strengthen its position as a "digital technology provider" through innovation [6] Research and Development - The group invested 1.291 billion in R&D in the first half of 2025, a year-on-year increase of 5.96%, with an R&D intensity of 12.43% [9] - The group has accumulated 4,182 authorized patents and 2,862 software copyrights, ranking among the top state-owned enterprises in the city [9] Technological Innovations - The group has developed its own AI big data platform, aiCore System, and launched the "Wangdao" large model in collaboration with Huawei [11] - It has established the first atomic clock chip production line in the country and developed various high-precision intelligent vehicle terminals and chips [11] Talent Acquisition - The group has recruited 145 high-end technology talents in 2023, including 60 PhDs, and has a research team of over 11,000 technical personnel [13] Digital Economy Strategy - The group is constructing a "digital city operator" development path, focusing on artificial intelligence, data elements, and low-altitude economy [15][16] - It has established a wholly-owned subsidiary, Guangzhou Data Group, to manage public computing power centers and data operations [18] Investment and Mergers - The group actively engages in investment and mergers, acquiring several companies to enhance its data element industry and domestic innovation layout [20] Industrial Space Development - The group is accelerating the construction of industrial parks, with 32 self-owned parks covering over 1 million square meters nationwide [21] Ecosystem and Collaboration - The group is fostering an "ecological integration" model and has formed strategic partnerships with top universities and research institutions [23] Application and Governance - The group is building digital governance platforms and has launched various digital applications across multiple sectors, including finance and healthcare [25]

Core Insights - Zhongke Jiangnan's stock price increased by 2.52% on August 28, with a trading volume of 243 million yuan, indicating positive market sentiment towards the company [1] - The company reported a significant decline in revenue and net profit for the first half of 2025, with revenue of 240 million yuan, down 33.98% year-on-year, and a net loss of 48.45 million yuan, a decrease of 246.75% [2] Financing and Margin Trading - On August 28, Zhongke Jiangnan had a financing buy-in amount of 28.28 million yuan, with a net financing purchase of 4.89 million yuan, indicating strong investor interest [1] - The total margin trading balance reached 260 million yuan, accounting for 2.70% of the circulating market value, which is above the 90th percentile of the past year [1] - The company had a low short-selling balance of 392,000 yuan, indicating limited bearish sentiment among investors [1] Shareholder Structure - As of August 20, the number of shareholders increased by 3.89% to 23,400, while the average number of circulating shares per shareholder decreased by 3.74% to 14,097 shares [2] - The company has distributed a total of 473 million yuan in dividends since its A-share listing [3] - Notable institutional shareholders include Hong Kong Central Clearing Limited and new entrants like Southern CSI 1000 ETF, indicating growing institutional interest [3]

Core Insights - Company reported a total operating revenue of 240 million yuan, ranking 73rd among disclosed peers, a decrease of 124 million yuan or 33.98% year-on-year [1] - The net profit attributable to shareholders was -48.45 million yuan, ranking 86th among peers, a decline of 81.46 million yuan or 246.75% year-on-year [1] - The net cash inflow from operating activities was -157 million yuan, ranking 93rd among peers, an increase of 47.17 million yuan compared to the same period last year [1] Financial Ratios - The latest debt-to-asset ratio is 21.47%, ranking 50th among peers, a decrease of 0.54 percentage points from the previous quarter, but an increase of 0.59 percentage points year-on-year [3] - The latest gross profit margin is 53.69%, ranking 49th among peers, an increase of 6.47 percentage points from the previous quarter, but a decrease of 4.49 percentage points year-on-year [3] - The latest return on equity (ROE) is -2.86%, ranking 86th among peers, a decrease of 4.82 percentage points year-on-year [3] Earnings Per Share and Turnover - The diluted earnings per share is -0.14 yuan, ranking 88th among peers, a decrease of 0.23 yuan or 255.56% year-on-year [3] - The latest total asset turnover ratio is 0.11 times, ranking 79th among peers, a decrease of 0.05 times year-on-year [3] - The latest inventory turnover ratio is 1.97 times, ranking 49th among peers, a decrease of 1.20 times year-on-year [3] Shareholder Information - The number of shareholders is 24,800, with the top ten shareholders holding 244 million shares, accounting for 69.21% of the total share capital [3] - The largest shareholder is 广电运通集团股份有限公司 with 34.2 million shares [3] - Other significant shareholders include 天津众志软科信息技术中心(有限合伙) with 11.4 million shares and 衡凤英 with 8.82 million shares [3]