Core Viewpoint - Newland (000997) reported that as of December 19, 2025, the number of shareholders is 66,311, indicating a stable shareholder base and compliance with information disclosure obligations [1] Group 1 - The company has a total of 66,311 shareholders as of the specified date [1] - The company adheres to relevant laws and regulations regarding information disclosure [1]

Group 1 - China Software (600536) is a leading enterprise in electronic government and cybersecurity, aligning with the national "Digital China" strategy, focusing on the core scenarios of e-ID in government services [1][25] - The company has developed a foundational platform for electronic identity authentication, enabling seamless data communication between e-ID and various government systems such as social security and taxation [1][25] - It has participated in the formulation of national electronic government informatization standards and is adapting to upcoming national security standards for e-ID, providing technical support for standardized access [1][25] Group 2 - Newland (000997) has over 20 years of experience in identity recognition technology and is a benchmark enterprise in e-ID hardware and core technology development [2][26] - The company has developed a secure QR code system for online and offline verification of e-IDs, significantly improving efficiency in high-frequency scenarios like hotel check-ins [2][26] - Newland is integrating multi-modal recognition technologies and blockchain anti-counterfeiting technology to expand the application of e-IDs in various sectors [2][26] Group 3 - Aerospace Information (600271) is a key player in the e-ID field, having participated in the development of critical identity documents and systems [3][27] - The company is leveraging its market channels to integrate e-IDs with tax, social security, and military sectors, simplifying processes significantly [3][27] - It is incorporating AI and big data technologies into e-ID applications for dynamic risk assessment and anomaly detection [3][27] Group 4 - Qiming Star (002439) focuses on the full-process security protection of e-IDs and has developed a comprehensive security system to prevent identity theft and information breaches [4][29] - The company has adapted its security products to comply with upcoming national standards and provides customized security solutions for sensitive sectors like finance and government [4][29] - Qiming Star is expanding its solutions into industrial internet and vehicle networking, addressing identity authentication challenges in IoT devices [4][29] Group 5 - Hengbao Co., Ltd. (002104) has been deeply involved in the e-ID sector for years, focusing on data security and identity authentication solutions [5][30] - The company is integrating blockchain technology with digital identity to create a trustworthy storage and traceability system for e-IDs [5][30] - Hengbao is also exploring applications of digital currency in conjunction with e-IDs, enhancing service models that combine identity and payment [5][30] Group 6 - Nanwei Software (603636) is a leading provider of smart policing and government information solutions, with a focus on e-licenses including e-IDs [6][31] - The company has developed a system that enables interoperability between e-IDs and other government licenses, facilitating quick verification processes [6][31] - It is actively upgrading its e-ID verification terminals to support features for the elderly, enhancing accessibility [6][31] Group 7 - Digital Certification (300579) is a core support enterprise in the e-ID security certification field, providing essential cryptographic products for the CTID platform [7][33] - The company has participated in the formulation of national identity authentication standards, ensuring compliance with data protection laws [7][33] - Digital Certification is expanding its services to include cross-border digital identity authentication, aligning with international trade facilitation needs [7][33] Group 8 - Shen Si Electronics (300479) is a leader in the offline identity authentication terminal market, focusing on multi-modal biometric recognition technologies [8][34] - The company has developed a terminal that supports multiple verification modes, significantly improving service efficiency in high-frequency scenarios [8][34] - Shen Si Electronics is actively participating in the construction of a "10-minute government service circle," enhancing its market penetration [8][34]

2025 年 12 月 30 日 计算机 数字人民币 2.0 版本，从数字现金迈向数字存款 中国数字人民币推广取得良好成效，2026 年开启 2.0 新阶段 2025 年 12 月 29 日，中国人民银行官方微信号转发中国人民银行党 委委员、副行长陆磊的署名文章《守正创新 稳步发展数字人民币》 （以下简称《文章》）。文中提到，为深入贯彻习近平总书记关于金融 工作的重要论述，顺应实体经济和金融体系对数字人民币发行、流通、 使用的新需求，把握国际货币体系演进的历史趋势，切实提升数字人 民币管理质效和服务能力，在总结十年研发试点经验基础上，中国人 民银行出台了《关于进一步加强数字人民币管理服务体系和相关金 融基础设施建设的行动方案》（以下简称"《行动方案》"），新一代数 字人民币计量框架、管理体系、运行机制和生态体系将于 2026 年 1 月 1 日正式启动实施。 过去十年我国数字人民币产业推广取得良好成效。根据《文章》内 容，我国数字人民币的研究和开发起步较早。2014 年，在党中央、 国务院的统一部署下，中国人民银行启动理论研究和封闭测试。2016 年，中国人民银行提出了具有数字货币特征的电子支付工具（DC/E ...

行业研究 数字人民币走向存款货币时代，金融 IT 和支付公司有望受益 2025 年 12 月 30 日 ——数字人民币行业动态点评 要点 事件：12 月 29 日，中国人民银行副行长陆磊发表《守正创新 稳步发展数字人 民币》文章。文章提到，中国人民银行出台了《关于进一步加强数字人民币管理 服务体系和相关金融基础设施建设的行动方案》，新一代数字人民币计量框架、 管理体系、运行机制和生态体系将于 2026 年 1 月 1 日正式启动实施，标志着数 字人民币由现金型 1.0 版进入存款货币型数字人民币 2.0 版，升级为具备信用创 造和资产属性的金融基础设施，从而激活了整个金融体系的积极性，为大规模应 用和生态繁荣奠定了基石。 数字人民币以央行为主导，依托商业性金融机构和现有支付体系，在全球率先试 验成功"中央银行-商业机构"双层运营架构，形成中国特色数字货币发展道路： 当前，境内和跨境数字人民币试验推广取得积极成效，在各国央行试验推进的项 目中，数字人民币处于领跑态势。截至 2025 年 11 月末，数字人民币累计处理 交易 34.8 亿笔，累计交易金额 16.7 万亿元。通过数字人民币 APP 开立个人钱 包 ...

Group 1 - The digital currency industry is experiencing a positive surge, with related stocks in the A-share market collectively rising, including notable gains from companies like Cuiwei Co., Ltd. and Digital Certification [1] - The People's Bank of China announced the implementation of a new action plan for the digital renminbi, set to launch on January 1, 2026, marking a transition from digital cash to digital deposit money [2][3] - The action plan aims to reshape the monetary attributes and operational logic of the digital renminbi, enhancing its role in the financial ecosystem and encouraging banks to actively participate in its development [2][3] Group 2 - The action plan is expected to provide financial institutions with innovative tools and business models, improving payment services and expanding applications in cross-border trade and supply chain finance [3] - The digital renminbi is anticipated to reduce transaction costs and improve operational efficiency for businesses, particularly benefiting small and micro enterprises [3] - Over 50 companies in the A-share market are already engaged in digital renminbi-related businesses, primarily in the computer, communication, and electronics sectors, presenting long-term investment opportunities driven by policy and industry implementation [3]

Core Insights - The digital renminbi wallet will start earning interest like a bank's demand deposit from January 1, 2026, marking a significant shift in its monetary policy [1] - The digital renminbi transitions from a central bank liability (cash-like) to a commercial bank liability (deposit-like), entering a new era of "deposit currency" [2] User Impact - Increased willingness to use: The introduction of interest will make digital renminbi more attractive compared to traditional bank deposits and third-party financial tools [5] - Financial system optimization: The new policy mitigates the risk of "financial disintermediation" by ensuring funds return to the banking credit cycle, thus maintaining financial stability [5] - International leadership: China becomes the first economy to design an interest mechanism for central bank digital currency (CBDC), reinforcing its leadership in the digital currency space [5] Industry Opportunities - Bank IT transformation: Core systems will need to adapt to the deposit currency attributes, benefiting companies like Changliang Technology and Shenzhou Information [6] - Hardware terminal updates: POS machines and ATMs will face a wave of digital replacements, providing opportunities for firms like Newland and Newland Digital [6] - Security and encryption demand: There will be a growing need for technology to ensure transaction stability, benefiting companies like Weishitong [6] Existing Controversies and User Pain Points - Insufficient convenience: Some users find the transfer process cumbersome, requiring bank card intermediaries, and offline merchant coverage remains lower than WeChat and Alipay, especially in smaller cities [7] - Reduced incentive for usage: The decrease in promotional activities like consumption red envelopes and discounts during the early pilot phase affects daily usage motivation [8] - Varied technology acceptance: Older demographics show lower acceptance of digital interfaces, despite improvements in accessibility features like voice interaction [9] Data Support and Future Layout - Current scale: As of November 2025, the cumulative transaction amount reached 16.7 trillion yuan, with 230 million personal wallets opened [10] - Dual-center architecture: The Shanghai International Operations Center focuses on cross-border settlements, while the Beijing center oversees technical security [10] - Inclusive deepening: Plans to expand features like "pay-as-you-go" (automatic bank card recharge) and smart contracts (conditional payments) to enhance user convenience [10]

消息面上，中国人民银行称，从下月1日(周四)起，数字人民币钱包余额将按照活期存款计付利息。专家 称，对数字人民币钱包余额计付利息后，中国将成为首个为央行数字货币计息的经济体。这将有助于提高 用户使用数字人民币的意愿，也将拓展数字人民币的使用场景，并进一步巩固中国在全球央行数字货币探 索中的领先地位。 | | | | | 数字货币板块个股 | | | | --- | --- | --- | --- | --- | --- | --- | | 序号 | 代码 | 名称 | | 涨幅%↓ | 总市值 | 年初至今涨幅% | | 1 | 300579 | 数字认证 | 1 | 19.00 | 95.72亿 | 12.94 | | റ | 603123 | 翠微股份 | 1 | 9.98 | 141亿 | 119.01 | | 3 | 600271 | 航天信息 | 1 | 9.96 | 215亿 | 27.22 | | ব | 300205 | *ST天响 | 1 | 9.38 | 22.06亿 | 17.66 | | 5 | 300386 | 飞天诚信 | | 8.16 | 77.05亿 | 9.70 | | 6 ...

Group 1 - The core viewpoint of the article highlights the strong performance of digital currency concept stocks in the A-share market, driven by the People's Bank of China's announcement regarding interest payments on digital yuan wallet balances starting January 1 [1] - Digital currency stocks such as Digital Certification surged by 19%, while others like Cuiwei Co. and Aerospace Information hit the 10% limit up, indicating a significant market reaction to the news [1][2] - Experts suggest that the interest payment on digital yuan balances will enhance user willingness to adopt digital yuan, expanding its usage scenarios and solidifying China's leading position in the global central bank digital currency exploration [1] Group 2 - Specific stock performances include Digital Certification with a market cap of 9.572 billion and a year-to-date increase of 12.94%, Cuiwei Co. with a market cap of 14.1 billion and a year-to-date increase of 119.01%, and Aerospace Information with a market cap of 21.5 billion and a year-to-date increase of 27.22% [2] - Other notable stocks include Feitian Chengxin with an 8.16% increase, Zhongke Jincai with a 6.77% increase, and Lakala with a 5.57% increase, reflecting a broader trend in the digital currency sector [2] - The overall positive sentiment in the digital currency sector is further supported by technical indicators such as the MACD golden cross signal, suggesting continued upward momentum for these stocks [2]

Group 1 - The People's Bank of China will implement a new action plan for the management and service system of digital RMB, with a new framework and ecosystem set to launch on January 1, 2026, marking an upgrade from digital cash to digital deposit currency [1] - As of November 2025, digital RMB has processed 3.48 billion transactions with a total transaction amount of 16.7 trillion yuan, and 230 million personal wallets have been opened through the digital RMB app [1] - The digital RMB concept stocks saw a collective rise on December 29, with notable increases in stocks such as Hengbao Co., Ltd. and Lakala, which rose by 8.31% and 12.57% respectively [1] Group 2 - Seven concept stocks received over 1 billion yuan in net inflows on December 29, with Lakala leading at 371 million yuan [2] - The application scenarios for digital RMB are expanding rapidly from personal consumption to industrial finance, cross-border trade, and public services [2] - The digital RMB is being integrated into various innovative applications, including debt settlement in Hunan and financial products in the poultry industry by Postal Savings Bank [2] Group 3 - Guotai Junan Securities believes that digital RMB will accelerate penetration across the supply chain, with significant growth potential in banking IT and fintech sectors [3] - A total of 64 A-share companies are involved in digital RMB-related businesses, with the computer industry having the highest representation at 43 companies [3] - Eight concept stocks have been heavily favored by institutional investors, with a total market value of 2.939 billion yuan held by social security funds and pension funds [3] Group 4 - Unisoc's third-quarter report indicates that social security funds have newly entered as major shareholders, with a combined holding value of 1.89 billion yuan [4] - The company has made technological advancements in hardware related to digital currency and stablecoins, achieving market results in the digital RMB wallet sector [4] - Eight stocks received significant foreign investment, with a total holding value of 536 million yuan, indicating strong interest from QFII [4]

Summary of Conference Call on Digital RMB and Related Companies Industry Overview - The conference call discusses the development and implications of Digital RMB, highlighting its transition from digital cash to digital deposit currency, which is expected to enhance user willingness to adopt it. By the end of November 2025, the cumulative transaction amount is projected to reach 17 trillion yuan, with 230 million wallets created, indicating strong governmental support for its promotion [1][2]. Key Points and Arguments 1. **Digital RMB Implementation**: A new management service system and financial infrastructure for Digital RMB will be officially implemented on January 1, 2026. This includes a significant change where wallet balances will earn interest like demand deposits, marking a shift to a digital deposit currency era [2][4]. 2. **Impact on Payment Service Providers**: Companies like Newland, Newland, Lakala, and Lianlian Technology are expected to benefit from the Digital RMB ecosystem, particularly in domestic acquiring and cross-border payment sectors. They will need to manage wallets, build payment platforms, and upgrade financial equipment [1][4][6]. 3. **Bank IT System Development**: IT system construction companies such as Sifang Jichuang, Xincheng Technology, Jingbeifang, Yuxin Technology, and Changliang Technology will participate in the necessary system upgrades for operational institutions, including clearing and settlement systems, leading to new order increments [1][4][6]. 4. **Stablecoins vs. Digital RMB**: While stablecoins and Digital RMB share technological similarities, they differ in policy environments. The Chinese government is focused on promoting Digital RMB to replace cash and enhance efficiency, while stablecoin development is still ongoing in regions like Hong Kong [1][4]. 5. **Long-term Investment Opportunities**: The Digital RMB sector presents high cost-effectiveness, with recommendations to focus on companies in bank IT systems, financial equipment, hardware wallets, and the acquiring and cross-border payment sectors, such as Sifang Jichuang, Guodian Yuntong, and Newland [3][9]. Additional Important Insights - **Cross-Border Payment Trends**: The acquiring industry is shifting towards cross-border payments and AI applications. Newland has launched cross-border payment services in Southeast Asia and is applying for licenses in the U.S. and Hong Kong, indicating significant growth potential [3][7]. - **Company Developments**: Newland is collaborating with Alibaba Cloud to develop a specialized model for the payment industry, while Newland has established a sub-brand, Pay Car, focusing on cross-border and overseas acquiring services. Lakala is expanding its cross-border payment business through acquisitions and has achieved substantial transaction volumes in regions like Singapore and Japan [7][8]. - **Future Demand for IT Systems**: The promotion of Digital RMB will create new business opportunities for bank IT system providers, as many financial institutions will need to upgrade their systems to accommodate the new digital currency [6][9]. This summary encapsulates the key insights from the conference call regarding the Digital RMB and its implications for various industries and companies involved in its ecosystem.