Core Viewpoint - Dongxin Peace (SZ002017) experienced a trading halt with a price increase of 10.02% to 26.36 CNY, driven by governance improvements, digital security business growth, and new executive appointments [2]. Group 1: Governance and Management - The company is undergoing a critical period of governance structure optimization and business transformation, having revised 22 governance policies and added 2 new ones, enhancing its governance level significantly [2]. - On October 16, 2025, the company appointed a new non-independent director, Song Guangyao, to further improve the governance team and boost market confidence in future development [2]. Group 2: Business Performance - Dongxin Peace specializes in smart cards and digital identity security, with products covering mobile communication and financial payment sectors, holding a leading market share in the smart card business domestically [2]. - The digital security and platform business showed strong performance, with revenue increasing by 2.95% year-on-year and gross margin rising to 41.6%, attracting investor interest [2]. Group 3: Market Activity - On October 14, 2025, the company was listed on the "Dragon and Tiger List" with a trading volume of 1.208 billion CNY, indicating significant market activity, including a total buy of 260 million CNY and a total sell of 159 million CNY, driven by retail and institutional investors [2]. - The influx of funds is believed to have contributed to the stock price increase, and if the capital inflow continues, it may further drive up the stock price [2].

Core Viewpoint - Dongxin Peace's stock price has decreased by 6.06% to 31.96 yuan, indicating a downward trend in the market [1] Company Overview - Dongxin Peace operates in the communication equipment industry, focusing on smart cards and digital identity security [1] - The company maintains stable partnerships with major domestic telecom operators and has expanded its client base in the financial sector, including several commercial banks [1] - Market share in the social security sector continues to grow, and the company has successfully entered new overseas markets in the Middle East, Africa, Southeast Asia, and South America [1] Financial Performance - For the first half of 2025, the company reported a revenue of 640 million yuan, a year-on-year decrease of 11.24% [1] - The net profit attributable to shareholders was 80.47 million yuan, reflecting a year-on-year increase of 1.48% [1] - Revenue from the smart card business was 457 million yuan, down 15.88% year-on-year, while revenue from digital security and platform services was 173 million yuan, up 2.95% [1] - The net cash flow from operating activities was 61.76 million yuan, a decline of 46.14% year-on-year [1] Market Activity - On August 26, the net outflow of main funds was 281.93 million yuan, accounting for 1.52% of the circulating market value [1] - Over the past five days, the total net outflow of main funds reached 314.62 million yuan, representing 1.7% of the circulating market value [1]