9月30日，侨银股份盘中上涨2.02%，截至09:59，报15.66元/股，成交3147.56万元，换手率0.91%，总市 值64.00亿元。 资金流向方面，主力资金净流入179.01万元，特大单买入155.90万元，占比4.95%，卖出0.00元，占比 0.00%；大单买入340.98万元，占比10.83%，卖出317.87万元，占比10.10%。 截至6月30日，侨银股份股东户数1.83万，较上期增加39.55%；人均流通股12177股，较上期减少 28.34%。2025年1月-6月，侨银股份实现营业收入18.71亿元，同比减少3.90%；归母净利润1.25亿元，同 比减少27.61%。 分红方面，侨银股份A股上市后累计派现2.18亿元。近三年，累计派现1.23亿元。 责任编辑：小浪快报 今年以来侨银股份已经3次登上龙虎榜，最近一次登上龙虎榜为5月30日，当日龙虎榜净买入-3448.24万 元；买入总计4103.71万元 ，占总成交额比6.24%；卖出总计7551.95万元 ，占总成交额比11.49%。 资料显示，侨银城市管理股份有限公司位于广东省广州市荔湾区白鹤沙路9号侨银大厦，成立日期2001 年11 ...

Investment Rating - The report assigns a "Buy-A" investment rating to the company, with a target price of 17.15 yuan for the next 6 months [7][16]. Core Insights - The company reported a total revenue of 1.871 billion yuan in H1 2025, a decrease of 3.90% year-on-year, and a net profit of 125 million yuan, down 27.61% year-on-year, with a gross margin of 27.60%, an increase of 1.37% year-on-year [1][9]. - The company is actively enhancing its AI and humanoid robot capabilities to empower urban management services, collaborating with various organizations to integrate these technologies into its operations [2][11]. - The company has secured new contracts, including a 291 million yuan project in Putian and a 195 million yuan project in Beihai, contributing positively to its performance [3][11]. - The company has significantly improved its cash flow, achieving a net cash flow from operating activities of 421 million yuan, a year-on-year increase of 2640.88% [4][11]. Financial Performance - The company expects revenues of 4.12 billion yuan, 4.35 billion yuan, and 4.6 billion yuan for 2025, 2026, and 2027, respectively, with growth rates of 5.26%, 5.59%, and 5.73% [9][11]. - The projected net profits for the same years are 318 million yuan, 340 million yuan, and 370 million yuan, with growth rates of 9.9%, 7.0%, and 8.7% [9][11]. - The gross margin is expected to improve gradually, reaching 27.63% by 2027 [11][15]. Market Position and Strategy - The company is positioned as a leading urban management service provider in China, focusing on enhancing its service offerings through technology integration [2][11]. - The company is restructuring its performance evaluation system and enhancing project management to optimize operational efficiency [3][11]. - The company plans to raise 900 million yuan through a private placement to support its "Urban Steward" equipment and digital management projects, strengthening its competitive edge [4][11].