Core Viewpoint - The company plans to utilize up to 30% of its most recent audited net assets, including previously approved 800 million, to invest in low-risk financial products to enhance fund efficiency [1] Group 1: Investment Strategy - The company will invest in standardized financial products with high safety, good liquidity, and low risk, such as government bonds and principal-protected financial products [1] - The authorization period for this investment strategy is one year from the date of the board resolution [1] Group 2: Risk Management - Although the products are considered low-risk, there is a possibility of market volatility due to macroeconomic influences [1] - The company has established relevant systems to control risks associated with these investments [1] Group 3: Operational Impact - The investment of financial resources will not affect the company's daily operations and is expected to improve the efficiency of fund utilization [1] - This matter does not require approval from the shareholders' meeting and does not constitute a related party transaction [1]

重要内容提示： 1、投资种类：安全性高、流动性好、较低风险的标准化金融理财产品。 2、投资金额：合计不超过公司最近一期经审计净资产30%的闲置自有资金，在上 述额度内可滚动使用。 3、特别风险提示：尽管公司拟投资的委托理财产品属于低风险投资品种，但金 融市场受宏观经济的影响较大，不排除该项投资受到市场波动的影响。敬请广大投资 者注意投资风险。 新大陆数字技术股份有限公司（以下简称"公司"）于2025年9月22日召开第九届 董事会第十二次会议，审议通过了《关于使用闲置自有资金购买金融理财产品的议 案》，同意公司总计使用不超过公司最近一期经审计净资产30%（涵盖第九届董事会 第七次会议审议通过的8.00亿元人民币）的闲置自有资金购买安全性高、流动性强、 风险可控的理财产品，相关情况公告如下： 一、委托理财情况概述 证券代码：000997 证券简称：新大陆 公告编号：2025-059 新大陆数字技术股份有限公司 关于使用闲置自有资金购买金融理财产品的公告 本公司及董事会全体成员保证信息披露内容的真实、准确、完整，没有虚假记载、误导性陈 述或重大遗漏。 三、投资风险及风险控制措施 1、风险分析 尽管公司拟投资的委托理 ...

新大陆数字技术股份有限公司 第九届董事会第十二次会议决议公告 本公司及董事会全体成员保证信息披露内容的真实、准确、完整，没有虚假记载、误导 性陈述或重大遗漏。 2025 年 9 月 12 日，新大陆数字技术股份有限公司（以下简称"公司"）董事 会以书面形式向各位董事发出召开公司第九届董事会第十二次会议的通知，并于 2025 年 9 月 22 日在公司会议室以现场和通讯相结合的方式召开了此次会议。会议 应到董事 5 人（其中独立董事 2 名），实到 5 人。会议由董事长王晶女士主持， 公司监事及高级管理人员列席了此次会议。会议的召集和召开程序符合《公司法》 和《公司章程》的有关规定。 本次会议经过认真审议并通过如下决议： 证券代码：000997 证券简称：新大陆 公告编号：2025-058 具体内容详见同日披露于《中国证券报》、《证券时报》、《上海证券报》 及巨潮资讯网（http://www.cninfo.com.cn）的《关于使用闲置自有资金购买金融理 财产品的公告》（公告编号：2025-059）。 特此公告。 新大陆数字技术股份有限公司 董 事 会 2025 年 9 月 24 日 一、审议通过《关于使用闲置 ...

Core Viewpoint - The financial technology sector is experiencing a downturn, with the China Securities Financial Technology Theme Index down by 3.60% as of September 23, 2025, indicating a challenging market environment for related stocks and ETFs [3]. Market Performance - The China Securities Financial Technology Theme Index has seen significant declines in key stocks, with Zhongke Jincai down 6.64%, Xinan Century down 6.51%, and Hengbao Co. down 5.87% [3]. - The Financial Technology ETF (516860) has decreased by 3.75%, with a latest price of 1.54 yuan, although it has shown a slight increase of 0.57% over the past week [3]. - The trading volume for the Financial Technology ETF was 2.05 billion yuan, with a turnover rate of 8.01% [3]. Investment Trends - Huawei announced at the 2025 All-Connect Conference that the number of HarmonyOS5 terminal devices has surpassed 17 million, launching the "Tiangong Plan" with an investment of 1 billion yuan to support the Harmony AI ecosystem [3]. - The State Council has issued guidelines to promote high-quality development in digital finance, emphasizing the importance of electronic signature technology in the financial sector [3]. AI and Financial Technology - Institutions note that the AI application ecosystem is becoming more robust, with rapid penetration of large model technologies in finance, healthcare, and education, exceeding market expectations for commercialization [4]. - Dongwu Securities highlights that the current fundamentals and valuations in the sector are low, presenting significant investment value, especially with ongoing policy support and economic stabilization [4]. ETF Growth and Performance - The Financial Technology ETF has seen a growth of 509 million yuan in scale over the past two weeks, ranking second among comparable funds [4]. - The latest share count for the Financial Technology ETF reached 1.652 billion shares, marking a one-year high and also ranking second among comparable funds [4]. - Recent net inflows into the Financial Technology ETF totaled 11.1 million yuan, with a consistent trend of net inflows over the past five trading days, averaging 53.9 million yuan per day [4]. Index Composition - The China Securities Financial Technology Theme Index includes major stocks such as Tonghuashun, Dongfang Caifu, and Hengsheng Electronics, with the top ten stocks accounting for 54.08% of the index [5].

Group 1 - Newland Digital Technology Co., Ltd. experienced a decline of 5.04% on September 23, with a stock price of 26.59 yuan per share, a trading volume of 355 million yuan, a turnover rate of 1.30%, and a total market capitalization of 26.938 billion yuan [1] - The company, established on June 28, 1999, and listed on August 7, 2000, is located in Fuzhou, Fujian Province, and primarily engages in the manufacturing, sales, and leasing of electronic computers and their peripheral devices [1] - The revenue composition of Newland includes 49.30% from electronic payment products and information reading products, 37.65% from merchant operations and value-added services, 12.92% from industry applications and software development and services, and 0.13% from other sources [1] Group 2 - The Su Xin Fund has a significant holding in Newland, with the Su Xin CSI 500 Index Enhanced A Fund (022790) holding 36,000 shares, representing 0.72% of the fund's net value, making it the ninth largest holding [2] - The Su Xin CSI 500 Index Enhanced A Fund was established on December 30, 2024, with a latest scale of 92.3823 million yuan, and has achieved a year-to-date return of 30.11%, ranking 1640 out of 4220 in its category [2] - The fund manager, Lin Maozheng, has been in position for 268 days, with the fund's total asset size at 723 million yuan, achieving a best return of 35.59% and a worst return of 0.63% during his tenure [3]

Group 1 - Financial technology stocks have weakened, with Yinzhijie falling over 5% and other companies like Hengsheng Electronics, Newland, Sifang Chuangxin, and Lakala dropping over 4% [1] - The ETFs tracking the CSI Financial Technology Theme Index have also declined, with a drop of over 3% [1] - The CSI Financial Technology Theme Index selects listed companies involved in financial technology products and services to reflect the overall performance of these securities [2] Group 2 - Institutions indicate that with policy support, a stable macro environment, and ongoing capital market reforms, the fundamentals of the financial industry are improving, which will gradually increase the revenue of financial IT companies [2] - Recent advancements in "revolutionary" stablecoins and the anticipation of significant financial policies being released are expected to create investment opportunities in the financial IT sector [2]

Core Viewpoint - Domestic licensed payment institutions are increasingly expanding into overseas markets as the domestic payment market approaches saturation and new license issuance has no growth space [2] Group 1: Overseas License Acquisition - CoGoLinks has become the first Chinese cross-border payment platform to obtain a formal payment license in the UAE, allowing it to operate payment accounts, process transactions, and issue payment tools [2] - Other payment institutions, such as AirCloud and Newland, have also announced recent overseas license acquisitions, with over 10 licenses obtained across various countries including Singapore, Indonesia, and the USA [2][5] - The competition in the cross-border payment market is intensifying as domestic payment market growth slows and regulations tighten, making overseas expansion a core strategy for leading companies [2][5] Group 2: Market Potential in UAE - The UAE is a vibrant economic hub in the Middle East, with its e-commerce market expected to grow from 32.3 billion AED (approximately 8.8 billion USD) in 2022 to over 50.6 billion AED (approximately 13.8 billion USD) by 2029, reflecting a compound annual growth rate of 56% [4] - The UAE's strategic position as a "Belt and Road" hub and its free trade zone policies attract foreign enterprises, further driving the demand for cross-border payment services [4] Group 3: Challenges in Overseas Expansion - The process of applying for payment licenses in different countries is complex due to varying regulations and financial environments, posing significant uncertainties for payment platforms [3] - Companies face challenges such as compliance risks, competition from established players, and the need to adapt to local payment habits and regulations [7][8] Group 4: Policy Support and Market Trends - Recent favorable policies, including guidelines for cross-border data flow and support for cross-border RMB operations, are expected to benefit the cross-border payment industry [6][7] - The growth of China's cross-border e-commerce, with an import and export scale of 1.32 trillion CNY (approximately 1.32 trillion RMB) in the first half of 2025, presents significant opportunities for payment enterprises [6]

Core Insights - The article highlights the success of the Tuhu car maintenance franchise model, showcasing how individual entrepreneurs have leveraged the brand to achieve significant financial success in a short period [1][6]. Group 1: Franchise Success Stories - Huang Rui, a 1994-born entrepreneur, opened three Tuhu stores in Guangxi, with the largest store generating an annual income of 2 million yuan [1]. - Other young franchisees, such as Chen Yong and Wang Yan, have also reported rapid growth and profitability, with monthly revenues reaching tens of thousands of yuan [4][5]. - The franchise model has attracted many young entrepreneurs, with a notable increase in the number of stores and their profitability [4][5]. Group 2: Financial Performance and Growth - As of mid-2025, Tuhu has expanded to 7,205 stores across 320 administrative regions, achieving over 95% coverage [3]. - The profitability rate for stores open for more than six months is 90%, with a 5% year-on-year increase in the proportion of profitable new stores [3]. - Tuhu's financial data shows significant growth in revenue, user numbers, and store count, with registered users reaching 150 million, a year-on-year increase of 18.8% [6]. Group 3: Standardization and Support - Tuhu's standardized service model allows franchisees to operate efficiently, reducing uncertainty and increasing operational effectiveness [6]. - The company has implemented various initiatives to support franchisees, including the "New Store Improvement Plan" and "Ten Billion Subsidy, Ten Thousand Stores Together" program [8]. - Tuhu has established a robust supply chain and warehousing network, with 32 regional warehouses and over 662 front warehouses, ensuring efficient operations for its franchisees [8].

Core Viewpoint - Newland Digital Technology Co., Ltd. has experienced fluctuations in stock price and trading volume, with a notable increase in revenue and net profit year-on-year, indicating potential growth in the company's financial performance [1][2]. Financial Performance - As of September 10, Newland reported a revenue of 4.02 billion yuan for the first half of 2025, representing a year-on-year growth of 10.54% - The net profit attributable to shareholders reached 595 million yuan, showing a year-on-year increase of 12.36% [2]. Stock Performance - On September 18, Newland's stock price decreased by 2.04%, trading at 28.33 yuan per share, with a total market capitalization of 28.701 billion yuan - The stock has increased by 43.54% year-to-date, but has seen a decline of 7.66% over the past 20 days and 10.93% over the past 60 days [1]. Shareholder Information - As of June 30, 2025, Newland had 69,700 shareholders, a decrease of 1.10% from the previous period - The average number of circulating shares per shareholder was 14,449, down by 0.76% [2][3]. Major Shareholders - The second-largest circulating shareholder is Hong Kong Central Clearing Limited, holding 24.3876 million shares, an increase of 11.5104 million shares from the previous period - Southern CSI 500 ETF and Huabao CSI Financial Technology Theme ETF are also among the top shareholders, with varying changes in their holdings [3]. Business Segments - Newland's main business segments include electronic payment products and information reading products (49.30%), merchant operations and value-added services (37.65%), and industry applications and software development (12.92%) [2]. Dividend Distribution - Since its A-share listing, Newland has distributed a total of 2.694 billion yuan in dividends, with 1.062 billion yuan distributed over the past three years [2].

Group 1 - The core viewpoint of the news highlights a strong performance in the technology sector, particularly in chips and semiconductors, following a favorable interest rate cut by the Federal Reserve [3] - The financial technology ETF Huaxia has reached a new high in scale at 1.276 billion yuan, with a significant increase in shares by 12 million over the past week, ranking second among comparable funds [3] - The financial technology ETF Huaxia has achieved a net value increase of 22.24% over the past six months, ranking first among comparable funds, with a historical three-year profit probability of 81.66% [3] Group 2 - The financial technology ETF Huaxia closely tracks the CSI Financial Technology Theme Index, with the top ten weighted stocks accounting for 54.08% of the index [4] - The top ten stocks in the index include Tonghuashun, Dongfang Caifu, and Hengsheng Electronics, with varying weight percentages [6]