Core Points - The document outlines the governance and management of resignations for directors and senior management at Guangzhou Yuyin Technology Co., Ltd. [1][2] - It specifies the conditions under which resignations are effective and the procedures for handling the transition of responsibilities [3][4] - The obligations of departing directors and senior management regarding confidentiality and liability are emphasized, extending beyond their tenure [11][12] Group 1: Resignation Procedures - Directors can resign before their term ends by submitting a written resignation report, which becomes effective upon receipt by the company [3] - If a resignation leads to a board composition below the legal minimum, the resignation will only take effect after a new director is appointed [3][4] - Senior management can also resign before their term ends, with specific procedures outlined in their labor contracts [2] Group 2: Obligations and Responsibilities - Departing directors and senior management must hand over all relevant documents and assets within three working days after their resignation [8] - They remain liable for any commitments made during their tenure for three years post-resignation, including confidentiality obligations [11][12] - The company has the right to pursue compensation for any losses incurred due to unfulfilled commitments or improper handover [10][15] Group 3: Accountability Mechanisms - The board will review any breaches of duty or unfulfilled commitments by departing personnel and may pursue recovery of losses [15][16] - Departing directors and senior management must cooperate with the company in any follow-up investigations regarding significant matters during their tenure [13][14] - The document establishes that any discrepancies with laws or regulations will defer to the relevant legal standards [17]

Core Points - The document outlines the working rules of the Compensation and Assessment Committee of Guangzhou Yuyin Technology Co., Ltd, aimed at improving corporate governance and establishing a sound assessment and compensation management system for directors and senior management [1][2] - The committee consists of three directors, with a majority being independent directors, and is responsible for evaluating the performance and compensation of directors and senior management [1][4] - The committee is tasked with formulating assessment standards, reviewing compensation policies, and making recommendations to the board on various matters related to compensation and performance evaluation [4][5] Group 1 - The committee is a specialized working body established by the board of directors and is accountable to the board [1] - The committee's members are nominated by the chairman or a majority of independent directors and elected by the board [1][3] - The committee's responsibilities include developing assessment standards for directors and senior management, reviewing compensation policies, and proposing stock incentive plans [4][5] Group 2 - The committee is supported by the company's human resources department, which provides professional assistance and feedback on the execution of relevant systems [2] - The committee is required to report its annual review of compensation and the execution of the compensation management system to the board [9][10] - The committee meetings must have at least two-thirds of the members present to be valid, and decisions should be made based on independent judgment [8][9]

Core Viewpoint - Hengyin Technology (603106) announced that its stock trading has experienced unusual fluctuations, but the company's production and operations remain normal, with no significant changes in its business conditions or external operating environment [1] Company Overview - The company specializes in the research and manufacturing of financial intelligent terminal devices, providing cash and non-cash payment security solutions to clients such as banks [1] - Main products include Automated Teller Machines (ATMs), Cash Recycling Systems (CRS), High-Speed Cash Deposit and Withdrawal Machines (TCR), and Smart Teller Machines, along with related technologies and services [1]

Core Viewpoint - The document outlines the management system for the resignation of directors and senior management personnel at Hebei Huijin Group Co., Ltd, aiming to ensure stable corporate governance and protect shareholders' rights [1][2]. Group 1: General Provisions - The system applies to all directors (including independent directors) and senior management personnel regarding resignation, term expiration, and dismissal [1]. - The system is established in accordance with relevant laws and regulations, including the Company Law and Securities Law of the People's Republic of China [1]. Group 2: Resignation Conditions and Effectiveness - Directors can resign before their term expires by submitting a written resignation report, which becomes effective upon receipt by the board [2]. - If a director's resignation results in the board falling below the legal minimum number, the original director must continue to perform their duties until new directors are appointed [2]. Group 3: Transfer Procedures and Unresolved Matters - Resigning directors and senior management must hand over all company-related documents and assets within two working days after their resignation becomes effective [3]. - If there are unresolved commitments (e.g., performance compensation), the company can require a written fulfillment plan from the resigning personnel [3]. Group 4: Obligations of Resigning Directors and Senior Management - The loyalty obligations of directors and senior management remain effective for two years after their resignation [4]. - They are prohibited from transferring more than 25% of their shares annually during their term and cannot transfer shares within six months after leaving the company [4]. Group 5: Accountability Mechanism - The board will review and decide on accountability measures if a resigning director or senior management fails to fulfill commitments or transfer obligations [5]. - Resigning personnel can appeal the accountability decision to the audit committee within 15 days of notification [5]. Group 6: Supplementary Provisions - Any matters not covered by this system will be governed by relevant national laws and the company's internal regulations [6]. - The board of directors is responsible for interpreting this system, which takes effect upon approval by the board [6].

Group 1 - The stock of Yuyin Co., Ltd. has reached a limit-up for four consecutive trading days, with a current price of 6.97 yuan and a trading volume of 5.48 million shares, resulting in a total transaction amount of 38.19 million yuan [2] - During the consecutive limit-up period, the stock has increased by 46.43%, with a cumulative turnover rate of 54.98% [2] - The latest total market capitalization of the A-shares is 5.306 billion yuan, while the circulating market capitalization is 4.664 billion yuan [2] Group 2 - The company reported a total operating revenue of 15 million yuan for the first quarter, a year-on-year decrease of 9.73%, while net profit reached 6.57 million yuan, reflecting a year-on-year increase of 15.86% [2] - The stock has appeared on the Dragon and Tiger list due to a cumulative deviation of 20% in the stock price over three consecutive trading days, with institutional net selling of 2.77 million yuan and a total net buying of 8.69 million yuan from brokerage seats [2] Group 3 - Recent trading data shows significant fluctuations in daily price changes and turnover rates, with the highest daily increase recorded at 10.08% on May 28, 2025, and a notable net inflow of 30.52 million yuan on the same day [2] - The stock has experienced various daily changes, including a decrease of 5.45% on May 23, 2025, indicating volatility in investor sentiment [2]

Group 1 - The concept of stablecoin stocks is showing divergence, with significant fluctuations in Hong Kong stocks, while A-shares are experiencing a different trend [1][3] - In Hong Kong, stablecoin concept stocks are primarily direct participants in the stablecoin market, while A-shares are more indirectly benefiting from the concept [1][3] - The Hong Kong Monetary Authority has announced the first batch of stablecoin issuers, including JD Coin Chain Technology and Round Coin Innovation Technology [2] Group 2 - A-share companies like Sifang Jingchuang and Lakala are included in the stablecoin concept stock list, but there is no direct evidence of their involvement in stablecoin issuance [3][5] - The recent surge in stablecoin interest is driven by legislative actions in the U.S. and Hong Kong, indicating a growing regulatory framework [6][7] - Experts highlight the long-term significance of stablecoins, emphasizing their potential to enhance payment efficiency and reduce cross-border transaction costs [7][8]

Financial Performance - The company reported a basic earnings per share of -1.0300 yuan for 2024, a decrease of 368.18% compared to -0.2200 yuan in 2023 [1] - The total revenue for 2024 was 298 million yuan, down 47.54% from 568 million yuan in 2023 [1] - The net profit for 2024 was -355 million yuan, a significant decline of 373.33% from -75 million yuan in 2023 [1] - The net asset per share dropped to 0 yuan in 2024, a 100% decrease from 2.72 yuan in 2023 [1] - The return on equity was not provided for 2024, but was -7.27% in 2023 [1] Shareholder Structure - The top ten unrestricted shareholders collectively hold 52.78 million shares, accounting for 17.54% of the circulating shares, with a decrease of 2.1032 million shares from the previous period [1] - Notable shareholders include Chen Chongjun with 34.76 million shares (11.55%), and new entrants like Mo Changchun with 3.5882 million shares (1.19%) [2] - Several shareholders exited the top ten list, including Hong Kong Central Clearing Limited, which held 3.9514 million shares (1.31%) [2]