证券代码：603825 证券简称：华扬联众 公告编号：2025-095 华扬联众数字技术股份有限公司 关于第六届监事会第十次会议决议的公告 本公司监事会及全体监事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 一、 监事会会议召开情况 (一) 华扬联众数字技术股份有限公司（以下简称"公司"）第六届监事会第十 次会议（以下简称"本次会议"）的召开符合《中华人民共和国公司法》和《公司 章程》的有关规定。 (二) 本次会议通知已于 2025 年 8 月 20 日以书面通知的形式发出。 (三) 本次会议于 2025 年 8 月 25 日 11 时以通讯表决方式召开。 (四) 本次会议应出席监事 3 名，实际出席监事 3 名。 同意《2025 年半年度报告》及《2025 年半年度报告摘要》。监事会认为， 公司 2025 年半年度报告的编制和审议符合法律、行政法规及中国证监会的规定。 公司的财务报告真实、准确、完整地反映了公司的财务状况和经营成果，不存在 任何虚假记载、误导性陈述或重大遗漏。 表决结果：同意 3 票，反对 0 票，弃权 0 票。 具体内容详见公 ...

Group 1 - The company reported a revenue of 227 million yuan for the first half of 2025, a year-on-year decrease of 38.79% [1] - The net profit attributable to the parent company was -8.88 million yuan, which represents an improvement in loss by 5.88 million yuan compared to the same period last year [1] - The decline in revenue was primarily due to a decrease in income from digital lifestyle marketing services, as bank clients shifted focus towards short-term marketing effects and payment marketing digital products [1] Group 2 - The company has productized its full-chain marketing service products, including marketing tools, activities, and systems, and has successfully implemented these products in several leading banks [2] - The company has established a high level of industry recognition and trust in the financial institution segment, with over 100 cooperative banking institutions and ongoing growth in both cooperation quantity and service quality [2] - The company aims to enhance its core technology barriers and overall operational efficiency by increasing R&D investment, while also strengthening value-added service capabilities such as marketing planning and creative design [2]

Core Insights - The article emphasizes that by 2025, AI will dominate 60% of user decision-making processes, shifting the competitive landscape for businesses towards AI search and recommendation services [1] - According to McKinsey, AI search conversion rates (3.8%-15%) are ten times higher than traditional channels, with 67% of purchasing decisions relying on AI-generated answers [1] - The article highlights the importance of selecting GEO optimization companies to capture intelligent traffic amidst challenges like algorithm opacity and regional intent matching [1] Company Summaries DianLiang.ai - DianLiang.ai is recognized as a national technical benchmark in China's GEO field, specializing in AI search optimization for 17 years [3] - The company utilizes its self-developed KIRO engine, which connects to seven major AI platforms, processing an average of 820 million intent requests daily [3] - Key advantages include three proprietary toolchains that create a technological moat, covering user intent scanning, semantic analysis, and authoritative source verification [4][5] Media Box - Media Box, established in 2010, has served over 10,000 clients, including major global companies like AWS and Coca-Cola [6] - The company has a strong reputation for its professional service processes and data analysis capabilities, supported by significant funding for AI research [7] - Its GEO service process encompasses pre-sale semantic analysis, structured editing, and automated effect tracking [7] Donghai Shengran Technology - Donghai Shengran focuses on GEO optimization and digital marketing, providing precise geographic information and search engine optimization [8] - The company emphasizes a structured service process from demand analysis to effect monitoring, ensuring quality and effectiveness [8][9] Aidiya Holdings Group - Aidiya is a comprehensive digital marketing and GEO service provider with a global service network [10] - The company offers customized solutions in GEO search optimization and multilingual content localization, backed by a professional team [11] Beijing Julun International Network Technology - Beijing Julun specializes in GEO services and SEO optimization, focusing on online promotion solutions [12] - The company emphasizes transparency in service processes and effective communication with clients to ensure measurable results [13][14] Industry Trends - The article indicates that the selection of GEO optimization companies is crucial for businesses aiming to establish a competitive edge in the AI-driven landscape [15] - Companies must focus on technological capabilities, vertical scene adaptability, and quantifiable performance data to succeed [15] - The future of AI traffic ownership will depend on integrating precise semantic accuracy and rapid response capabilities into growth strategies [17]

Group 1: US Market Focus - The Federal Reserve is expected to cut interest rates three times this year, with each cut being 25 basis points, as indicated by Powell's comments at the Jackson Hole summit [10][15][16] - The "rate cut trade" has been reestablished, with a focus on stocks like Mobileye and Klaviyo, as well as the Invesco S&P 500 Equal Weight Real Estate ETF [10][17][22][23] - Mobileye is positioned for growth in the advanced driver-assistance systems (ADAS) market, with significant orders expected for its L2+/L3/L4 products by 2024 and partnerships with major automotive companies [22] - Klaviyo, a leading digital marketing platform, is projected to capture a growing market share, with a focus on cross-selling new products and expanding into adjacent markets [22] Group 2: European Market Focus - The path to peace between Russia and Ukraine remains challenging, with significant obstacles in territorial conditions and security assurances [30][34] - European defense spending is expected to increase significantly, with NATO members committing to raise defense budgets to 5% of GDP, benefiting companies like Rheinmetall and Rolls-Royce [35][39] - Rheinmetall is well-positioned to benefit from increased defense spending, with projected annual revenue growth of 20% through 2030 due to rising demand for military equipment [39] - Rolls-Royce is experiencing growth in its civil aviation business, supported by strong demand across all end markets, while also benefiting from increased defense spending [39] Group 3: Philippine Market Focus - The Philippine economy showed stronger-than-expected GDP growth in Q2 2025, driven by improved employment and loose monetary policy, with further interest rate cuts anticipated [49][52] - The Philippine stock market is seen as attractive due to low valuations, with the MSCI Philippines Index trading at approximately 11 times earnings, and is expected to benefit from regional capital inflows [52] - Key sectors to watch include banking, utilities, and real estate, with specific companies like BPI, BDO Unibank, Converge, and Ayala Land highlighted for their potential [52][53]

Core Insights - The stock price of Ocean Group (01991.HK) surged over 6% intraday on August 22, closing up 4.03% at HKD 1.55 per share, with a cumulative increase of over 115% from August 1 to date [1][2] Group 1: Web 4.0 Strategy - Ocean Group held a Web 4.0 strategy launch event on August 20, unveiling its transformation blueprint and initiating the Real World Asset (RWA) ecosystem [1] - The chairman, Shi Qi, emphasized that Web 4.0 represents not only a technological evolution but also an ecological reconstruction, aiming to build a smart, autonomous, and sustainable digital economy [1] - The core framework of the Web 4.0 strategy includes three pillars: Data Standardization, Asset Tokenization, and Transnational Value, leveraging AI digital humans to empower education, gaming, and healthcare sectors [1][2] Group 2: Sector-Specific Applications - In the education sector, AI digital human technology will generate personalized content, RWA-izing research outcomes for knowledge asset sharing and cash flow stabilization [2] - The gaming sector will utilize AI digital human technology to enhance immersion, tokenizing virtual assets like props and land to construct a metaverse economy [2] - In the healthcare sector, AI digital human medical assistants will RWA-ize health data and service assets, improving user experience and generating capital returns [2] Group 3: Revenue Streams - Ocean Group anticipates deriving four types of revenue from its involvement in the AI industry: income from AI digital human traffic, one-stop financing consulting for SMEs involving AI and RWA, transaction fees related to RWA trading, and subscription fees for multilingual and multicultural AI customer service and marketing outsourcing [2] Group 4: Company Background - Established in 1991 and listed on the Hong Kong Stock Exchange in 2007, Ocean Group is one of the largest integrated service providers in silicone raw material production and processing [2] - The company has achieved rapid asset growth through comprehensive industry integration, structural adjustments, and value reconfiguration, with main business segments including silicone, digital marketing, retail, healthcare, and hospitality [2]

Financial Performance - In the first half of 2025, the company achieved total operating revenue of 1.844 billion yuan and a net profit attributable to shareholders of 36 million yuan [1] - In Q2 2025, the company reported operating revenue of 947 million yuan, a quarter-on-quarter increase of 5.6%, and a net profit of 23 million yuan, reflecting a quarter-on-quarter growth of 73% [1] WEIQ Marketing Platform Growth - The WEIQ influencer marketing platform continued to grow, adding 11,118 new merchant clients, bringing the total to 219,000 [3] - The number of registered influencers surpassed 3.544 million, with professional influencers reaching 2.156 million, and the number of MCN institutions increased to 19,902 [3] - The platform's AI version launched, utilizing large models to intelligently filter over 3 million influencer resources and enabling self-service operations across platforms [3] AIGC and Intelligent Marketing - The "Inspiration Island" AIGC content creation and intelligent marketing platform evolved into a comprehensive marketing ecosystem, introducing six intelligent agents covering various marketing functions [4] - The platform offers a one-stop content production and monetization solution for individual creators and SaaS-level services for enterprise clients, including innovative CPM settlement models [4] International Expansion and Collaboration - The company is accelerating its technology export strategy, establishing partnerships in the AIGC content creation field with leading media companies in Vietnam and signing cooperation agreements with associations in Cambodia [5] - An AI innovation incubation center was established in Tokyo, focusing on AI content generation and intelligent marketing, marking a significant step in the company's international strategy [5] Global Marketing Strategy - The company has set up offices in Tokyo, Singapore, and Kuala Lumpur, forming a "one-stop" overseas service team to provide comprehensive services for major clients in various sectors [6] - To facilitate cross-border marketing, the "Inspiration Island" platform launched multilingual versions supporting ASEAN languages, enhancing localization efforts [6] - The company aims to deepen its global layout by integrating multi-language platforms and social media resources, promoting efficient growth for brands [6]

Core Insights - Tianyu Digital Technology (Dalian) Group Co., Ltd. reported significant improvements in both business scale and profitability for the first half of 2025, with revenue reaching 988 million yuan, a year-on-year increase of 29.64%, and a net profit of 23.62 million yuan, marking a return to profitability [1] - The company has effectively reduced costs and improved operational quality through AI-driven initiatives, achieving a second-quarter revenue of 503 million yuan, up 28.22% year-on-year and 3.71% quarter-on-quarter, with a net profit of 18.38 million yuan, a substantial increase of 250.62% quarter-on-quarter [1] - The company’s financial health has improved, with positive operating cash flow and enhanced operational stability [1] Business Performance - The three major business platforms of Tianyu Digital Technology have expanded significantly, with the AI marketing SaaS platform showing continuous revenue growth [2] - Data traffic business generated 967 million yuan in revenue, a year-on-year increase of 29.56%, with a gross margin of 21.70% [2] - The total registered users of the platform reached 349 million, maintaining an annual growth rate of 25 million users [2] - The company has registered over 1.5 million 3D data and 650,000 multimodal data sets, enhancing the quality and quantity of its spatial intelligence MaaS platform [2] Strategic Developments - The integration of AI technology with marketing services has allowed the company to provide comprehensive digital solutions for brand lifecycle management, establishing a complete business loop from traffic operation to product development [2] - The cross-border e-commerce business achieved a transaction volume of 130 million yuan, contributing significantly to the company's performance [2] - Experts have noted the forward-looking nature of the company's layout in data traffic and AI, indicating ongoing improvements in operational quality through business optimization and new field developments [3]

Group 1 - The company reported a total revenue of 1.844 billion yuan and a net profit attributable to shareholders of 36 million yuan for the first half of 2025, showcasing resilience in its core business through technological innovation and business structure optimization [1] - The company has actively optimized its client structure and promoted high-margin business development in response to market fluctuations, resulting in significant achievements [1] - The net cash flow from operating activities remains healthy, providing a solid foundation for the implementation of future strategies and reinforcing long-term development [1] Group 2 - The company's AIGC content creation and intelligent marketing platform "Linggan Island" has evolved from a single tool to an intelligent marketing ecosystem in the first half of 2025 [2] - "Linggan Island" has accelerated its technology export strategy, collaborating deeply with Millennium Dragon Media in Vietnam in the AIGC content creation field and signing a framework cooperation agreement with the China-Cambodia New Media Association [2] - The establishment of the first overseas AI innovation incubation center in Tokyo in May 2025 marks a significant step in the company's technology "going abroad," focusing on AI content generation and intelligent marketing [2]

Core Points - The company held the 15th meeting of the 11th Supervisory Board on August 21, 2025, where all resolutions were passed unanimously [1][2][3] Group 1: Financial Reporting - The Supervisory Board approved the company's 2025 semi-annual report and its summary, with a unanimous vote of 3 in favor [1] - The Board also approved a special report on the storage and actual use of raised funds for the first half of 2025, with a unanimous vote of 3 in favor [1] Group 2: Asset Management - The company decided to provision for asset impairment in accordance with accounting standards and internal financial regulations, receiving unanimous approval with 3 votes in favor [2] - The company and its subsidiaries were authorized to use self-owned funds to pay for part of the investment project costs and to replace them with raised funds, ensuring proper use of the raised funds and protecting shareholder interests, also receiving unanimous approval with 3 votes in favor [2] Group 3: Performance Evaluation - The Board approved the semi-annual evaluation report of the "Quality Improvement and Efficiency Enhancement Return Action Plan," with a unanimous vote of 3 in favor [3]

Overview - The company announced the provision for asset impairment for the first half of 2025, totaling 8.4762 million RMB, which will impact the net profit and equity of the company [1][5]. Asset Impairment Provision Details - The company conducted a thorough review and assessment of its assets as of June 30, 2025, leading to the recognition of impairment losses based on expected credit losses [2][4]. - The breakdown of the impairment provision includes 7.0545 million RMB for accounts receivable and 1.4217 million RMB for other receivables [1][2]. Impact on Financial Statements - The total impairment provision of 8.4762 million RMB will reduce the net profit attributable to the parent company by 6.4006 million RMB for the first half of 2025 [5][6]. - The equity attributable to the parent company will also decrease by the same amount, reflecting the impact of the impairment on the company's financial health [5]. Board and Committee Opinions - The Board of Directors stated that the provision for asset impairment is in accordance with the relevant accounting standards and accurately reflects the company's asset status [5][6]. - The Audit Committee confirmed that the provision was based on sufficient evidence and complies with legal requirements, enhancing the reliability of the financial statements [5][6]. - The Supervisory Committee agreed that the provision aligns with the company's actual situation and legal regulations, ensuring a fair representation of the financial condition [6].