恒银科技：上半年扭亏为盈

Core Viewpoint - Hengyin Technology (603106) reported a revenue of 190 million yuan in the first half of 2025, marking a year-on-year increase of 6.29%, and achieved a net profit of 14.31 million yuan, reversing losses from the previous year [1][2] Group 1: Financial Performance - The company achieved a revenue of 190 million yuan in the first half of 2025, reflecting a year-on-year growth of 6.29% [1] - The net profit for the same period was 14.31 million yuan, indicating a turnaround from previous losses [1] Group 2: Product and Technology Development - Hengyin Technology made significant advancements in product innovation and technology research, enhancing the data encryption transmission success rate of financial self-service devices to 99.9%, a 2 percentage point increase from the previous year [1] - The company achieved breakthroughs in the development of a new generation of core products, maintaining a cash processing speed of over 720 notes per minute while optimizing internal structures to reduce production costs [1] - The company obtained multiple intellectual property certificates, including invention patents, utility model patents, and software copyrights [1] - The Hengyin Technology AI management platform (SaaS platform) underwent significant upgrades during the reporting period [1] Group 3: Strategic Initiatives - The company focused on improving overall gross margin and core business profitability by adjusting its product service structure, with notable success [1] - Hengyin Technology increased the sales proportion of high-margin products and emphasized the promotion of new scenarios, product modules, and system upgrades [1] - The company collaborated closely with six major state-owned banks and 12 national joint-stock banks to provide customized solutions based on varying needs for operational efficiency, installation standards, security, and intelligence [1] Group 4: International Business Growth - The company's international business revenue reached 16.79 million yuan in the first half of 2025, representing a nearly 769% year-on-year increase, showcasing the effectiveness of its internationalization strategy [2] - The financial intelligent terminal devices passed multiple international certifications, including the cash algorithm certification from the European Central Bank (ECB) [2] Group 5: Future Outlook - For the second half of the year, the company plans to focus on four main objectives: ensuring receivables, controlling risks, improving efficiency, and stabilizing growth, aiming for high-quality development [2]