Core Viewpoint - The recent updates from the People's Bank of China regarding Lakala's capital reduction and stock cancellation reflect the company's commitment to shareholder returns through consistent dividends and share buybacks, supported by strong financial performance and strategic initiatives [1][2]. Group 1: Capital Changes and Share Buybacks - Lakala has reduced its registered capital from 788.08 million yuan to 776.66 million yuan, with plans to cancel 11.42 million shares [1]. - The company has conducted two share buybacks in the secondary market, repurchasing 20.16 million shares for 600 million yuan in 2021 and 3.19 million shares for 57.58 million yuan in 2023 [1]. - Over the past two years, Lakala is expected to have canceled a total of 23.36 million shares, representing 2.92% of the total shares before cancellation [1]. Group 2: Dividend Policy and Financial Performance - Since its listing in 2019, Lakala has maintained a shareholder-oriented dividend policy, distributing a total of approximately 2.458 billion yuan in dividends, with high cash dividend to net profit ratios [1][2]. - In the first half of 2025, Lakala reported revenue of 2.651 billion yuan and a net profit of 229 million yuan, with significant growth in cross-border payment transaction volume and customer numbers, increasing by 73.5% and 70.4% respectively [2]. Group 3: Strategic Focus and Future Plans - Lakala is focusing on digital payment, industry digitalization, and international development, aiming to enhance business efficiency through AI and digital innovation [3]. - The company has strategically invested in leading domestic restaurant SaaS provider Tian Cai Shang Long, positioning itself as a key player in the restaurant digital service sector [2][3]. - Lakala's retail SaaS products have served over 100,000 merchants, indicating a substantial increase in quality customer numbers [2].

业内普遍认为，不间断的稳健高分红不仅展示了企业良好的盈利能力和财务状况，有助于提升企业在市 场中的形象和声誉；另一方面，对投资者而言可以获得稳定的收益回报，增强其对企业的信心和投资积 极性。 10月11日，中国人民银行更新非银行支付机构重大事项变更许可信息，同意拉卡拉（300773）支付股份 有限公司注册资本由788,082,500.00元减至776,664,942.00元。按照拉卡拉之前发布的公告，预计随后拉 卡拉将注销相应股票1141.75万股。 据悉，此前拉卡拉通过二级市场实施了两次股份回购，2021年使用6亿元自有资金回购股份2016.49万 股；2023年使用5758万元自有资金回购股份319万股。去年拉卡拉就曾注销股票共计1,193.75万股，加上 此次预计将再次注销的股票1141.75万股，两年来共注销股票预计将达到2335.5万股，占注销前总股本的 比例为2.92%。 对于普通投资者而言，公司大手笔回购股份注销能够直接提升投资者持有的股票价值。另一方面，也是 在传递管理层对公司长期增长潜力的信心。 自2019年上市以来，拉卡拉始终坚持以股东回报为导向的分红政策。在2020年、2021年、202 ...