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新国都(300130):海外市场表现持续向好 推进国际化战略

Group 1 - The company reported a revenue of 1.527 billion yuan for the first half of 2025, a year-on-year decrease of 3.17% [1] - The net profit attributable to shareholders was 275 million yuan, down 38.61% year-on-year, while the net profit after deducting non-recurring items was 242 million yuan, a decrease of 38.90% [1] - The overseas market showed continuous improvement, with a total transaction volume of approximately 721.8 billion yuan, remaining stable compared to the same period last year, and achieving an operating income of 949 million yuan [1] Group 2 - The electronic payment equipment segment generated an operating income of 544 million yuan, with overseas sales reaching 533 million yuan, reflecting a year-on-year growth of 22.02% [1] - Revenue from high-end overseas markets in Europe, America, and Japan approached 200 million yuan, with a year-on-year increase of over 80% [1] - The company has approved plans for an H-share issuance and listing on the Hong Kong Stock Exchange, indicating a commitment to international expansion [1] Group 3 - The company’s subsidiary, Shanghai Shier District Information Technology Co., Ltd., is actively exploring AI applications, enhancing product efficiency, and expanding into various industries [2] - The AI Agent product has been successfully applied in the payment sector, improving merchant review efficiency and user experience [2] - The company maintains stable performance, with projected EPS for 2025-2027 at 1.05, 1.22, and 1.40 yuan respectively, and a "buy" rating is maintained [2]