Group 1 - The company has appointed Tomasz Wojewoda, Raza Zaidi, and Zhao Yan as executive directors, effective from September 19, 2025 [1] - The group plans to expand into a new business focused on Runtime-as-a-Service (RaaS) and customized hardware and security modules, prioritizing security, compliance, and scalability in its overall technology architecture [1] - The new business will target traditional industry clients, providing comprehensive on-chain services including asset confirmation, issuance, settlement, custody, and risk control [1] Group 2 - The group intends to utilize different blockchain networks based on business scenario characteristics to achieve efficient and stable system support [2] - For high-frequency, low-transaction applications such as membership management and consumption point settlement, the group plans to use the Scroll network as a primary infrastructure [2] - The group will introduce suitable computing modules and encryption security devices to support verification node operations and on-chain data processing, with custom configurations based on business needs [2] Group 3 - As the digitalization process deepens, traditional enterprises show significant on-chain demand for asset confirmation, clearing, and auditable distribution, but face substantial technical and resource barriers [3] - By leveraging advanced technology networks like Scroll and the expertise of the newly appointed directors, the company expects to lower the on-chain entry barrier for clients and promote digital transformation across multiple industries [3] - The company aims to utilize the rich experience and expertise of the new directors to explore potential new business opportunities and manage operations [3]

Group 1 - The core viewpoint of the article emphasizes the company's commitment to enhancing investor communication and its strategic focus on industrial investment in key technology sectors such as cloud computing, big data, artificial intelligence, and blockchain [1][2] - The company aims to create a comprehensive industrial investment service system that integrates policy, space, investment, and ecology, supporting the entire lifecycle of industrial investment [1] - The company operates the Shibei High-tech Park as a core area for Shanghai's global innovation center and international digital city, with local government policies aimed at attracting data intelligence enterprises [2] Group 2 - The company is focused on industrial recruitment strategies that leverage the advantages of the "Central Ring Digital Industry Innovation Belt," aiming to create a new economic pattern characterized by industrial aggregation, enterprise clusters, and functional integration [2] - The company has established seven service platforms and fifteen one-stop service windows within the Shibei High-tech Park to provide comprehensive support for entrepreneurial guidance, project validation, policy connection, financing, and capital market services [1]

具体而言，订约各方将借助蚂蚁区块链在区块链技术、数据资产全链路解决方案、人工智能大模型及生 态整合方面的核心技术与服务优势，结合本公司在高新技术及制造的产业的实力，包括新能源智能制 造、光储充一体化建设与营运、氢能开发利用以及具备源网荷储能力的零碳产业园综合能源服务，共同 开拓以下主要领域： 公告称，董事会相信，该协议中拟定及概述的合作框架将使集团发挥其在开发及运营新能源项目方面的 经验及能力。董事会亦相信是次合作可扩大集团的商机、扩阔其收入来源及提升其财务表现。因此，董 事会认为与蚂蚁区块链的合作将有利于集团的未来发展，并将符合公司及其股东的整体利益。 1.新能源资产通证化：结合蚂蚁区块链在区块链应用方面的技术专长及公司在新能源领域的产业优势， 订约各方拟于中国内外共同开发公司新能源资产(如光伏电站、零碳产业园及综合能源站)的链上数据整 合、持续完善链上数据整合标准，以及基于上述链上数据整合开展现实资产通证化的业务协作，共同透 过海外产业基金投资公司的新能源资产，其中蚂蚁区块链或其合适联属人士将担当通证化技术解决方案 提供商。 智通财经APP讯，中环新能源(01735)发布公告，于2025年9月19日，蚂蚁 ...

Core Viewpoint - Zhonghuan New Energy (01735.HK) has entered into a strategic cooperation framework agreement with Ant Blockchain Technology (Shanghai) Co., Ltd. to establish a partnership in the fields of new energy digital assets and artificial intelligence ecosystems [1] Company Overview - Ant Blockchain is a subsidiary of Ant Group, focusing on the commercialization of technology and operating in the blockchain sector with several leading technologies and patents [1] - The company operates five main business segments: (i) new energy and engineering, procurement, and construction; (ii) green building and related construction businesses; (iii) smart energy management services; (iv) health and medical; and (v) food supply chain [1] Strategic Implications - The board believes that the cooperation framework outlined in the agreement will leverage the company's experience and capabilities in developing and operating new energy projects [1] - The collaboration is expected to expand business opportunities, broaden revenue sources, and enhance financial performance for the company [1] - The board considers the partnership with Ant Blockchain beneficial for the company's future development and aligned with the overall interests of the company and its shareholders [1]

Core Viewpoint - Qingdao Port has shown positive performance due to its strategic location, recent agreements, and stable financial growth, making it an attractive investment opportunity in the shipping and logistics sector [2][3][6]. Group 1: Company Overview - Qingdao Port International Co., Ltd. is located in Qingdao, Shandong Province, and was established on November 15, 2013, with its listing date on January 21, 2019 [6]. - The company primarily engages in the handling of containers, metal ores, coal, crude oil, and provides logistics and port value-added services [6]. - Revenue composition includes 56.72% from handling and related services, 36.96% from logistics and port value-added services, and smaller percentages from other port-related services [6]. Group 2: Financial Performance - As of June 30, 2025, Qingdao Port achieved a revenue of 9.434 billion yuan, representing a year-on-year growth of 4.04%, and a net profit attributable to shareholders of 2.842 billion yuan, up 7.58% year-on-year [6]. - The company has distributed a total of 12.818 billion yuan in dividends since its A-share listing, with 5.687 billion yuan distributed over the past three years [7]. Group 3: Market Position and Strategic Initiatives - Qingdao Port is positioned as a key node in the "Belt and Road" initiative and is recognized as the seventh largest port globally, contributing to its strong operational performance [2][6]. - A recent partnership with Huawei aims to accelerate the development of smart port operations across major domestic ports [3]. Group 4: Stock Performance and Investor Sentiment - On September 19, Qingdao Port's stock rose by 1.76%, with a trading volume of 149 million yuan and a market capitalization of 56.278 billion yuan [1]. - The stock has a historical dividend yield of 4.80%, 4.74%, and 3.45% over the past three years, indicating a consistent return to shareholders [2].

Core Viewpoint - The company, Liaoning Port Co., Ltd., is positioned as a leading logistics platform in Dalian, leveraging its strategic location and operational advantages to enhance its role in the Northeast Asia International Shipping Center and the development of the Liaoning Coastal Economic Belt [2][3]. Group 1: Company Overview - Liaoning Port Co., Ltd. operates a unified logistics platform for port operations in Dalian, with a focus on various types of cargo including oil, containers, automobiles, and bulk goods [2][3][8]. - The company is the largest comprehensive terminal operator in Northeast China, with nearly 70 coastal routes, and plays a significant role in the implementation of the China-South Korea Free Trade Agreement [2][3]. Group 2: Business Operations - The main business segments include oil and liquid chemical products, container logistics, automobile logistics, bulk cargo logistics, grain logistics, and passenger roll-on/roll-off services [3][9]. - The company has a well-established transportation network and is a key player in sea-rail intermodal transport and maritime transshipment in China [3]. Group 3: Recent Developments - A wholly-owned subsidiary has received approval for a blockchain project, indicating the company's commitment to technological advancements [4]. - The company plans to enhance its container terminal operations by adding 10 new routes, focusing on Southeast Asia and the Russian Far East, aligning with national strategies such as the Belt and Road Initiative [4]. Group 4: Financial Performance - For the first half of 2025, the company reported revenue of 5.693 billion yuan, a year-on-year increase of 5.93%, and a net profit of 956 million yuan, up 110.78% [9][10]. - The company has distributed a total of 5.342 billion yuan in dividends since its A-share listing, with 1.439 billion yuan in the last three years [10].

Core Viewpoint - China Unicom is focusing on enhancing its digital services and infrastructure, leveraging opportunities in cloud computing, data governance, and 5G technology to drive growth and improve operational efficiency [2][3]. Financial Performance - In 2022, China Unicom's cloud services revenue reached RMB 268.7 billion, a year-on-year increase of 142%, while IDC revenue was RMB 186.1 billion, up 12.9% year-on-year [2]. - For the first half of 2025, China Unicom reported operating revenue of RMB 200.2 billion, a year-on-year growth of 1.45%, and a net profit attributable to shareholders of RMB 6.349 billion, up 5.12% year-on-year [9]. Business Strategy - The company is capitalizing on national policies such as "Digital China" and the "Data Element X" three-year action plan to enhance its data product offerings and capabilities [3]. - China Unicom is set to collaborate with major telecom operators to launch 5G roaming services, which will allow users to access 5G networks from other operators without changing their SIM cards or incurring additional costs [4]. Market Position - China Unicom has maintained over 50% market share in data services for five consecutive years, leading the industry [3]. - The company is positioned as a key player in the digital economy, focusing on areas such as big data, cloud computing, and integrated communication services [8]. Shareholder Information - As of June 30, 2025, China Unicom had 556,900 shareholders, with an average of 55,248 shares held per shareholder, reflecting a 6.41% increase from the previous period [9]. - The company has distributed a total of RMB 355.36 billion in dividends since its A-share listing, with RMB 124.27 billion in the last three years [10].

Core Viewpoint - First Capital's stock price has experienced a decline of 6.35% year-to-date, with a recent drop of 2.76% over the last five trading days, indicating a challenging market environment for the company [2]. Financial Performance - As of September 10, First Capital reported a net profit of 486 million yuan for the first half of 2025, reflecting a year-on-year growth of 21.41% [3]. - The company achieved zero revenue for the same period, highlighting potential operational challenges [3]. Stock Performance and Market Activity - On September 19, First Capital's stock fell by 2.02%, trading at 7.76 yuan per share with a total market capitalization of 32.611 billion yuan [1]. - The stock has seen a trading volume of 581 million yuan and a turnover rate of 1.77% on the same day [1]. - The net outflow of main funds amounted to 73.734 million yuan, with significant selling pressure observed [1]. Shareholder and Institutional Holdings - As of June 30, 2025, the number of shareholders decreased by 2.65% to 251,500, while the average number of circulating shares per person increased by 2.72% to 16,711 shares [3]. - The top ten circulating shareholders include various ETFs, with notable changes in holdings among them [5]. Dividend Distribution - Since its A-share listing, First Capital has distributed a total of 1.447 billion yuan in dividends, with 656 million yuan distributed over the past three years [4].

Company Overview - Jinqiao Information Co., Ltd. is located in Xuhui District, Shanghai, and was established on August 17, 1994. The company was listed on May 28, 2015. Its main business includes smart scene solutions, smart building solutions, and big data and cloud platform services [1]. - The revenue composition of Jinqiao Information is as follows: smart scene solutions account for 51.82%, smart building solutions for 26.73%, and big data and cloud platform services for 21.45% [1]. Financial Performance - For the first half of 2025, Jinqiao Information achieved operating revenue of 273 million yuan, representing a year-on-year growth of 50.65%. However, the net profit attributable to shareholders was -40.71 million yuan, an increase of 24.18% year-on-year [2]. - Since its A-share listing, Jinqiao Information has distributed a total of 178 million yuan in dividends, with 21.92 million yuan distributed over the past three years [3]. Stock Performance - As of September 19, Jinqiao Information's stock price was 18.02 yuan per share, with a market capitalization of 6.585 billion yuan. The stock has increased by 41.67% year-to-date, but has seen a decline of 1.74% over the last five trading days, 8.76% over the last 20 days, and 10.66% over the last 60 days [1]. - The stock has appeared on the "Dragon and Tiger List" seven times this year, with the most recent appearance on May 15, where it recorded a net buy of -82.28 million yuan [1]. Shareholder Structure - As of June 30, 2025, Jinqiao Information had 68,600 shareholders, a decrease of 10.58% from the previous period. The average number of circulating shares per person increased by 11.49% to 5,324 shares [2]. - Notable institutional shareholders include: - FuGuo New Emerging Industries Stock A/B (001048) as the third-largest shareholder with 7.8524 million shares, a new entry - HuaAn Media Internet Mixed A (001071) as the fifth-largest shareholder with 5.7334 million shares, also a new entry - Financial Capital Asset Management Digital Economy Mixed Initiation A (017483) as the sixth-largest shareholder with 5.4919 million shares, a new entry [3].

Core Viewpoint - Vertex Software's stock has experienced fluctuations, with a recent decline in share price and mixed financial performance indicators, highlighting potential investment considerations in the financial technology sector [1][2]. Company Overview - Vertex Software, established on October 25, 2000, and listed on May 22, 2017, is located in Fuzhou, Fujian Province. The company focuses on providing information technology solutions centered on business process management (BPM) for the financial industry and other sectors, utilizing its proprietary "LiveBOS" platform [1]. - The company's main revenue sources are software development and services, accounting for 98.37% of total revenue, while system integration contributes 1.63% [1]. Financial Performance - As of June 30, 2025, Vertex Software reported a revenue of 246 million yuan, a year-on-year decrease of 7.97%. However, the net profit attributable to shareholders increased by 8.40% to 52.88 million yuan [2]. - The company has distributed a total of 814 million yuan in dividends since its A-share listing, with 490 million yuan distributed over the past three years [3]. Shareholder Information - As of June 30, 2025, the number of shareholders decreased by 10.92% to 21,800, while the average number of circulating shares per person increased by 12.26% to 9,373 shares [2]. - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited holds 2.251 million shares, a decrease of 436,800 shares from the previous period. Huashang New Trend Preferred Mixed Fund is a new entrant in the top ten, holding 1.2 million shares [3].