人民财讯8月22日电，恒生电子（600570）8月22日晚间披露2025年半年报，公司上半年实现营业收入 24.26亿元，同比下降14.44%；归母净利润2.61亿元，同比增长771.57%；基本每股收益0.14元。报告期 内，营收下降的原因主要为一方面受市场形势影响，金融机构IT预算整体收紧导致客户需求减少，同时 市场竞争加剧，并且客户采购流程(包括立项、决策及验收环节)周期明显延长；另一方面，公司主动优 化业务结构，战略性收缩部分非核心业务。 ...

金融壹账通(06638)发布截至2025年6月30日止六个月的中期业绩，持续经营业务收入8.01亿元(人民币， 下同);毛利2.09亿元;研发开支1.17亿元。 公告称，于2025年上半年，利用集团的技术实力为客户提供便捷、智能、简洁的操作，集团于产品升级 迭代方面取得重大进展，数字化零售、数字化信贷、数字化经营解决方案产品进一步丰富应用场景、升 级算法模型、提升系统兼容、优化架构体系，专注于提升客户体验，强化应用效能及增强整体实力。 集团通过AI应用不断提升产品智能化及便捷化，支持业务简化及业务主动合规。例如，集团的AI抵押 贷方案，可执行智能尽职调查、智能风险管理及运营任务，将客户经理产能提升约六倍，并将贷款审批 时间缩短至约一天。集团可赋能团队、商机及财富管理。有关产品将客户的AUM提高超过20%，商机 触达率提升2至3倍，并带动私人银行客户数量增长38%。集团亦通过部署AI外呼助理、AI销售助理、AI 流程质量控制及AI资配展业等一系列AI赋能工具，帮助提升销售及营销质量及效率。除咨询到实施的 一揽子国内开发的综合IT解决方案外，集团的一表通解决方案可提高所要求提交资料的及时性、完整性 及准确性，协助 ...

Financial Performance - In Q4, non-GAAP revenue increased by 7.5% and non-GAAP operating margin was 23.2%, reflecting a margin expansion of 146 basis points year-over-year [8][9] - For the fiscal year, non-GAAP revenue reached $2.3 billion and non-GAAP operating income was $541.1 million, marking record revenue and operating income [9][25] - GAAP revenue for Q4 increased by 10%, while full year growth was 7% on a GAAP basis and 6% on a non-GAAP basis [25] Business Segment Performance - Core non-GAAP segment revenue increased by 7% for Q4, with operating margin increasing by 274 basis points [32] - Payments non-GAAP segment revenue grew by 6% for both Q4 and the full year, with non-GAAP margin expansion of 99 basis points [33] - Complementary segment non-GAAP quarterly revenue increased by 11%, with a margin expansion of 155 basis points [34] Market Dynamics - The company signed 51 new core deals in fiscal year 2025, including 31 banks and 20 credit unions, indicating strong sales momentum [11] - The company now hosts 77% of its core clients in its private cloud environment, reflecting a shift towards cloud solutions [11] - The company anticipates slight revenue headwinds from industry consolidation and renewal pricing pressure [9][10] Strategic Direction - The company is focused on technology innovation and execution to drive sales and maintain long-term positioning [9][23] - A strategic phased approach is being taken to support stablecoin solutions through banking clients, ensuring compliance with upcoming regulations [21][22] - The company aims to leverage its technology modernization strategy to enhance operational efficiency and reduce costs [20][89] Management Commentary - Management expressed confidence in the company's ability to achieve solid margin expansion and strong free cash flow metrics despite macroeconomic uncertainties [9][10] - The management highlighted the importance of maintaining a people-first culture and commitment to client service as key differentiators in the market [7][13] - Management noted that while there are short-term revenue headwinds from bank mergers and acquisitions, the long-term growth opportunities remain intact [66][68] Other Important Information - The company achieved a record operating cash flow of $642 million for fiscal year 2025, with free cash flow conversion at 90% [34] - The company has zero debt at fiscal year-end, providing flexibility for future capital deployment [35][109] - The annual customer conference, Jack Henry Connect, is expected to drive higher revenue in Q1 of fiscal year 2026 [40] Q&A Session Summary Question: Aggregate demand environment and implementation cycles - Management noted that demand remains strong with 51 core wins, and some implementation delays have improved compared to the previous quarter [44][46] Question: Revenue guidance range - Management explained that the wider guidance range allows for more operational flexibility in light of macroeconomic variables [48][50] Question: Fiscal 2026 revenue outlook by segment - Management expects solid growth in the core segment, slightly below long-term targets for payments, and strong growth in the complementary segment [55] Question: Impact of bank M&A on revenue outlook - Management indicated that while there are short-term impacts from bank M&A, the long-term growth opportunities remain solid [58][66] Question: Pricing pressure on renewals - Management acknowledged ongoing pricing pressure but emphasized their focus on improving renewal processes and maintaining competitiveness [76][78] Question: Progress of partnership with Move - Management reported that the partnership has exceeded expectations, with significant interest and excitement from Visa and MasterCard [80][82] Question: Margin expansion drivers - Management highlighted process improvement, efficiency, and cloud migration as key components driving margin expansion [87][89] Question: Free cash flow and capital allocation - Management expressed plans to increase share repurchases and remain open to M&A opportunities due to improved free cash flow and zero debt [109]

每经AI快讯，赢时胜（SZ 300377，收盘价：25.96元）8月19日晚间发布公告称，公司第六届第二次董 事会会议于2025年8月18日在公司37楼会议室召开。会议审议了《关于修订部分公司管理制度的议案》 等文件。 截至发稿，赢时胜市值为195亿元。 每经头条（nbdtoutiao）——热浪"烤"验全球，近10年我国年平均高温日数增多25%！高温对经济的搅动 作用越发强烈，国家气候中心六位专家详解高温经济学 （记者 王晓波） 2024年1至12月份，赢时胜的营业收入构成为：金融行业占比98.47%，非金融行业占比1.53%。 ...

两融数据显示，该股最新融资余额为19.27亿元，近5日增加2.79亿元，增幅为16.94%。（数据宝） 8月19日银之杰大宗交易一览 | 成交量 （万 | 成交金 额 | 成交价 格 | 相对当日 收盘折溢 | 买方营业部 | 卖方营业部 | | --- | --- | --- | --- | --- | --- | | 股） | （万 | （元） | 价 | | | | | 元） | | （%） | | | | 5.56 | 255.26 | 45.91 | 0.00 | 中国中金财富证券有限公司福州五四路证券营业 部 | 机构专用 | 注：本文系新闻报道，不构成投资建议，股市有风险，投资需谨慎。 （原标题：银之杰8月19日大宗交易成交255.26万元） 银之杰8月19日大宗交易平台出现一笔成交，成交量5.56万股，成交金额255.26万元，大宗交易成交价为 45.91元。该笔交易的买方营业部为中国中金财富证券有限公司福州五四路证券营业部，卖方营业部为 机构专用。 进一步统计，近3个月内该股累计发生75笔大宗交易，合计成交金额为4.77亿元。 证券时报•数据宝统计显示，银之杰今日收盘价为45.91元，下跌4 ...

Core Insights - The company reported a significant increase in revenue, reaching 1.5 billion, which represents a 20% year-over-year growth [1] - Net profit for the first half of 2025 was reported at 300 million, showing a 15% increase compared to the same period last year [1] - The company has expanded its market share in the financial technology sector, indicating strong competitive positioning [1] Financial Performance - Total revenue for the first half of 2025 was 1.5 billion, up from 1.25 billion in the same period of 2024 [1] - The net profit margin improved to 20%, compared to 18% in the previous year [1] - Operating expenses increased by 10% to 1.2 billion, primarily due to investments in technology and talent acquisition [1] Market Position - The company has successfully captured a larger share of the financial technology market, now holding 25% of the market compared to 20% last year [1] - Strategic partnerships with key industry players have enhanced the company's service offerings and customer reach [1] - The company plans to continue its expansion strategy, targeting emerging markets for future growth [1]

证券日报网讯 8月18日晚间，银之杰发布公告称，2025年8月18日，公司第六届董事会第十七次会议和 第六届监事会第十六次会议审议通过了《关于作废2022年限制性股票激励计划部分已授予尚未归属的限 制性股票的议案》，同意作废2022年限制性股票激励计划已授予尚未归属的剩余4，149，500股限制性 股票。 （文章来源：证券日报） ...

Core Viewpoint - The company, Anshuo Information, plans to raise up to 600 million yuan through a private placement, with nearly 60% of the funds allocated for an AI-based smart credit system project, reflecting the growing demand for digitalization in financial services driven by the AI wave [1][2]. Group 1: Fundraising and Project Allocation - Anshuo Information intends to issue shares to no more than 35 specific investors, with a total fundraising amount not exceeding 600 million yuan, all of which will be used for various projects including the AI-based smart credit system [1][2]. - The smart credit system project has a planned total investment of approximately 354 million yuan, with about 353 million yuan coming from the raised funds, accounting for 58.78% of the total [2]. - Other projects include a comprehensive risk digital management platform with an investment of 71.93 million yuan (11.99% of the total), a digital financial R&D center upgrade costing 62.4 million yuan (10.4%), and working capital supplementation of 113 million yuan (18.83%) [2]. Group 2: Market Trends and Company Strategy - The company aims to enhance its operations through the AI-based smart credit system by adding four new modules and upgrading eleven existing ones, with a construction period of 36 months and an expected annual revenue of 600 million yuan upon completion [2][3]. - Anshuo Information has noted a rising trend in digital and intelligent credit business needs, with 84.29% of surveyed banks having deployed a digital financial strategy [3]. - The banking sector's IT investment in China reached approximately 163.4 billion yuan in 2023, showing a year-on-year growth of 13%, with a projected compound annual growth rate of 9.3% from 2024 to 2028 [3]. Group 3: Company Performance and Shareholding - In the first quarter of this year, Anshuo Information reported a revenue of 150 million yuan, an increase of 8.92% year-on-year, while the net profit attributable to shareholders decreased by 35.99% to 1.6483 million yuan [4]. - The revenue from credit management systems accounted for 72.74% of the company's total revenue in the 2024 financial report [4]. - Anshuo Development holds 27.93% of the company's shares, making it the controlling shareholder, while the actual controllers, Gao Yong and Gao Ming, collectively control 41.28% of the shares, ensuring that the control of the company remains unchanged post-fundraising [4].

Core Insights - Wall Street analysts forecast Jack Henry (JKHY) will report quarterly earnings of $1.46 per share, reflecting a year-over-year increase of 5.8% [1] - Anticipated revenues are projected to be $602.59 million, showing a 7.6% increase compared to the same quarter last year [1] Earnings Estimates - Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter, indicating stability in analysts' forecasts [2] - Changes in earnings estimates are crucial for predicting investor reactions, with empirical studies showing a strong relationship between earnings estimate revisions and short-term stock performance [3] Revenue Projections - Analysts estimate 'Revenue- Core' to reach $185.97 million, representing an 8.1% year-over-year change [5] - 'Revenue- Corporate & Other' is forecasted at $19.97 million, indicating a slight decline of 0.8% year-over-year [5] - 'Revenue- Complementary' is projected to be $171.65 million, reflecting a 10.6% increase from the previous year [5] Segment Income Estimates - 'Revenue- Payments' is expected to be $227.46 million, with a year-over-year increase of 7% [6] - 'Segment Income- Core' is projected at $113.06 million, up from $102.14 million in the same quarter last year [6] - 'Segment Income- Complementary' is estimated to reach $102.90 million, compared to $90.85 million a year ago [6] - The consensus estimate for 'Segment Income- Payments' stands at $110.13 million, up from $100.81 million in the same quarter last year [7] Stock Performance - Shares of Jack Henry have shown a return of -8% over the past month, contrasting with the Zacks S&P 500 composite's +3.5% change [7] - Jack Henry holds a Zacks Rank 3 (Hold), suggesting it is expected to mirror overall market performance in the near future [7]

Financial Data and Key Metrics Changes - In fiscal 2025, the company reported underlying revenue from customers of $2,566.8 million, reflecting a 0.7% increase on a constant currency basis compared to fiscal 2024 [2] - Underlying cash EBITDA was $43.8 million, resulting in a cash EBITDA margin of 17%, showing improvement over the previous year [2] - The company ended the year with $58.7 million in cash and no debt, allowing for a final dividend of $13.1 million and a special dividend of $8 million [2] Business Line Data and Key Metrics Changes - Maintenance, support, and hosting revenue grew by 5.6%, while professional services revenue increased by 2.1% [3] - Recurring revenue for fiscal 2025 was $154.3 million, approximately flat compared to $149.6 million in 2024, impacted by customer loss and shrinkage [5] - Operating costs decreased by $17 million in fiscal 2025 compared to fiscal 2024, remaining stable throughout the year [6] Market Data and Key Metrics Changes - The company expects revenues in fiscal 2026 to be in line with fiscal 2025, with cash EBITDA projected to exceed $50 million [8] - One customer generating $10 million in revenue is expected to complete migration away from the company by January 1, 2026 [10] Company Strategy and Development Direction - The company is focusing on protecting and growing recurring revenue, advancing platforms, exploring partnerships, and increasing accountability at the business unit level [8] - A decentralized business model is emphasized to improve customer intimacy and decision-making [4] Management's Comments on Operating Environment and Future Outlook - Management acknowledged attrition in fiscal 2025 and expects a further impact of $6.5 million on fiscal 2026 recurring revenue due to customer loss [6][16] - Growth is anticipated from existing customers, driven by volume increases, client expansions, and new business opportunities [17] Other Important Information - The company has a dividend policy of returning at least 50% of underlying NPAT to shareholders [7] - The definition of recurring revenue has been refined, focusing on contracted recurring revenue without including professional services [33] Q&A Session Summary Question: Clarification on revenue guidance for FY 2026 - Management expects revenues to be in line with fiscal 2025, with growth driven by existing customers and new business opportunities [16][18] Question: Cost savings and FTE changes - Management indicated that cost savings are driven by efficiency improvements across various departments, not limited to one area [19][20] Question: FX assumptions and market opportunities - Current FX rates are assumed to hold, and while there is activity in the market, specific details on new logos were not disclosed [23][26] Question: Revenue growth drivers - Revenue growth was attributed to favorable FX rates, strong professional services revenue, and R&D incentives from the UK government [38][39] Question: Partnerships with administration providers - Management is in early stages of partnership discussions to enhance administration capabilities in conjunction with their platforms [42]