Core Viewpoint - The company Jinzheng Co., Ltd. is expected to report a significant net loss for the first half of 2025, indicating potential financial challenges ahead [1] Financial Performance - The projected net profit attributable to the parent company for the first half of 2025 is estimated to be between -46.2271 million yuan and -32.359 million yuan [1] - The net profit attributable to the parent company after deducting non-recurring gains and losses is expected to range from -63.9312 million yuan to -50.063 million yuan [1]

据华尔街日报：甲甲骨文(ORCL.N)为联邦机构降低了软件和云服务的价格。 ...

Investment Rating - The report maintains a "Positive" investment rating for the industry [7] Core Viewpoints - The report expresses strong optimism regarding the new round of financial innovation, particularly with the integration of traditional finance and blockchain technology, which is expected to reshape the current market landscape [6][49] - Recent regulatory changes, including the issuance of data circulation transaction contract templates and the People's Bank of China's new CIPS rules, are anticipated to accelerate data flow and enhance cross-border payment systems [19][27] Summary by Sections Market Performance - Last week, the computer sector experienced a slight decline of 1.14%, ranking 32nd among primary industries in the Yangtze River region, with a market share of 9.78% in total trading volume [2][12] Key Recommendations - The report recommends focusing on companies with token issuance qualifications, those with technological expertise in blockchain, and firms holding relevant licenses, particularly in the financial IT sector [6][49] Regulatory Developments - The National Data Bureau and the State Administration for Market Regulation released model contracts to facilitate data circulation, which is expected to improve transaction efficiency by approximately 30% [21][26] - The People's Bank of China is seeking public opinion on the draft rules for the Cross-Border Interbank Payment System (CIPS), which aims to enhance participant management and support the growth of CIPS business [27][29] Emerging Trends - The report highlights the rise of Real-World Asset Tokenization (RWA), which merges blockchain technology with traditional finance, addressing issues such as ownership confirmation and transaction efficiency [41][49] - The global RWA market is projected to grow significantly, with estimates suggesting it could reach $50 billion by the end of 2025 and potentially exceed $2 trillion by 2030 [43][49]

Core Viewpoint - The news highlights a significant stock reduction by a supervisor of Jiean High-Tech, indicating potential shifts in shareholder confidence and market dynamics [1][2]. Group 1: Stock Trading Activity - On July 4, 2025, supervisor Du Yanqi reduced his holdings by 287,200 shares at an average price of 10.88 yuan, totaling a transaction value of 3.1247 million yuan, leaving him with 7.3245 million shares [1][2]. - The company has seen various stock trading activities from its executives, with notable transactions occurring on February 7, 2024, and October 10-11, 2023, involving both increases and decreases in shareholdings [2]. Group 2: Company Overview - Jiean High-Tech specializes in computer network technology services, software development, and various engineering services, with a focus on integrated equipment sales and technical consulting [1]. - As of December 31, 2024, the company's revenue from its main business segments includes 303 million yuan from rail transit simulation training systems (78.98%), 38.67 million yuan from safety operation simulation training systems (10.07%), and 24.60 million yuan from ship equipment simulation products (6.41%) [1]. Group 3: Market Capitalization - The total market capitalization of Jiean High-Tech is reported to be 2.238 billion yuan [3].

主要指数月度走势 主要指数占对应市场市值比例 中证分类债券指数月度走势 沪深300十大权重 上证综指行业月度表现 □ 中证指数有限公司、上海证券报联合推出 主要股票指数月度表现 交易日数：20 沪深300行业指数月度表现 权重最大10只股票 开盘 最高 最低 收盘 涨跌点数 涨跌幅 日均成交量(百万股) 日均成交金额(亿元) 沪深300 3833.46 3969.26 3827.08 3936.08 95.85 2.50% 14191 2610 中证100 3666.62 3755.82 3637.50 3729.87 61.46 1.68% 5443 1237 中证800 4131.64 4287.70 4122.17 4262.96 122.63 2.96% 27840 4408 中证200 4380.65 4552.78 4379.00 4548.29 159.30 3.63% 7025 1228 中证500 5653.67 5918.31 5613.28 5915.39 244.32 4.31% 13649 1798 中证700 4958.59 5170.76 4940.00 5168.66 197. ...

Core Viewpoint - Beijing Orient Telecom Technology Co., Ltd. has terminated its 2025 stock option incentive plan and canceled all unexercised stock options due to the inability to continue the plan following negative audit reports [1][2]. Group 1: Termination of Stock Option Plan - The company held meetings on June 6, 2025, where the board and supervisory committee approved the termination of the 2025 stock option incentive plan and the cancellation of stock options [1]. - The decision was influenced by the audit report from Beijing Dehao International Accounting Firm, which issued an inability to express an opinion for the 2024 annual audit and a negative opinion on the internal control audit [1]. Group 2: Details of Stock Option Cancellation - A total of 12 million stock options granted to 130 individuals will be canceled, along with the termination of related documents such as the assessment management measures for the incentive plan [1]. - The cancellation of the unexercised stock options will not affect the company's capital structure [2].

成都运达科技股份有限公司 第二章 人员组成 （二○二五年七月七日公司第五届董事会第十九次会议审议通过） 第一章 总则 第一条 为进一步建立健全公司非独立董事及高级管理人员的考核和薪酬管 理制度，完善公司治理结构，根据《中华人民共和国公司法》《中华人民共和国 证券法》《上市公司独立董事管理办法》《上市公司治理准则》《深圳证券交易 所创业板股票上市规则》《深圳证券交易所上市公司自律监管指引第2号——创 业板上市公司规范运作》《成都运达科技股份有限公司章程》（以下简称《公司 章程》）及其他有关规定，公司特设立董事会薪酬与考核委员会，并制定本制度。 第二条 薪酬与考核委员会是董事会设立的专门工作机构，主要负责制定公 司董事（非独立董事）及高级管理人员的考核标准并进行考核；负责制定、审查 公司董事（非独立董事）及高级管理人员的薪酬政策与方案等事宜，对董事会负 责。 第三条 本制度所称非独立董事是指在公司支取薪酬的，非担任独立董事职 务的董事，高级管理人员根据《公司章程》确定。 第五条 薪酬与考核委员会委员由董事长、二分之一以上独立董事或者全体 董事的三分之一以上提名，并由董事会选举产生。 第六条 薪酬与考核委员会设主任 ...

Core Points - The document outlines the rules governing the board of directors of Zhongfu Information Co., Ltd, emphasizing the responsibilities, election procedures, and obligations of directors [1][2][3] Group 1: General Provisions - The board of directors is established to manage the company's assets and is accountable to the shareholders [1] - The rules serve as a binding legal document for the internal organization, meetings, and decision-making processes of the board [1] Group 2: Directors - Directors must be natural persons and cannot hold office if they meet certain disqualifying conditions, such as being banned from the securities market [4][5] - Directors are elected by the shareholders for a term of three years and may be re-elected [5] Group 3: Election Procedures - Candidates for directors must be nominated by existing board members or shareholders holding more than 3% of shares [6] - Detailed information about candidates must be disclosed to shareholders before voting [6] Group 4: Duties and Obligations - Directors have a duty of loyalty to the company, which includes avoiding conflicts of interest and not misusing their position for personal gain [8][9] - Directors must act diligently and in the best interest of the company, ensuring compliance with laws and regulations [9] Group 5: Board Meetings - Board meetings can be regular or temporary, with specific procedures for calling and conducting these meetings [26][27] - A quorum for meetings requires the presence of more than half of the directors, and decisions must be made by a majority vote [38][43] Group 6: Documentation and Record Keeping - The board secretary is responsible for maintaining records of meetings, including minutes and attendance [26][54] - Meeting records must be kept for a period of 10 years [54]

Market Movements - US stock index futures are all down, with Dow futures down 0.07%, S&P 500 futures down 0.34%, and Nasdaq futures down 0.47% [1] - European indices show positive movement, with Germany's DAX up 0.68%, UK's FTSE 100 up 0.15%, France's CAC 40 up 0.19%, and the Euro Stoxx 50 up 0.53% [2][3] - WTI crude oil is up 0.77% at $67.01 per barrel, while Brent crude is up 0.60% at $68.71 per barrel [3][4] Market News - The US government is nearing the deadline for tariff negotiations, with a 90-day pause ending on July 9. Trump plans to announce tariff letters or agreements on July 7, with potential tariffs up to 70% starting August 1 [5] - The S&P 500 index has reached record highs, with BMO Capital Markets raising its year-end target from 6,100 to 6,700, and Morgan Stanley raising its target to 6,500, citing strong fundamentals driven by unprecedented AI capital expenditure [6] - Economist Nouriel Roubini predicts core inflation in the US will reach 3.5% by the end of 2025, potentially leading to economic recession, while the Fed is unlikely to cut rates before December [6] Company-Specific Developments - Goldman Sachs expects OPEC+ to increase oil production by 550,000 barrels per day in September, which may lead to a supply surplus and downward pressure on oil prices, forecasting Brent crude to average $59 per barrel by Q4 2025 [7] - Tesla's stock fell over 6% pre-market as CEO Elon Musk's announcement of forming a new political party raised investor concerns about his focus on the company amid declining delivery numbers [8] - Apple has appealed a €500 million ($580 million) fine from the EU, claiming the penalty is unprecedented and the required changes to its App Store operations are illegal [9] - Shell warns of a significant drop in Q2 oil and gas trading performance due to market volatility, with its stock down nearly 3% pre-market [9] - Capgemini has agreed to acquire WNS for approximately $3.3 billion, aiming to leverage AI capabilities in IT outsourcing services [10] - Oracle is offering a 75% discount on software and cloud services to federal agencies, which may enhance its cloud platform adoption amid competition with AWS and Microsoft Azure [11]

闻乐 发自 凹非寺 量子位 | 公众号 QbitAI 苹果开发者自曝用AI开发应用程序， Claude含量95% ！ 事情是这样的，一位苹果开发者最新发布了一款用于调试MCP服务器的原生macOS应用 Context —— 一款几乎完全由 Claude Code 构建的应用程序。 作者 indragiek 从2008年就开始为Mac开发软件。 这次，他的目标是使用Apple的SwiftUI框架，打造一款在macOS平台上使用起来很顺手且实用的开发者工具。 与以往不同的是，Claude Code承担了Context项目95%的工作量，indragiek声称： 在这个 20000行 代码的项目中，我亲手编写的代码估计 不到1000行 。 "工程师"Claude也是好起来了，能给苹果打工（doge）。 调侃归调侃，下面让我们来"学习"一下这位开发者是怎么用Claude的。 苹果开发者教你"驯服"Claude 作为一名经验丰富的工程师，Indragie像许多同行一样，拥有一个"烂尾项目"list。 尽管能够构建项目原型，但最后20%的交付工作往往耗费巨大时间和精力，导致项目搁置。 所以，他已经6年未能成功发布任何一个 ...