证券日报网讯 12月17日，新北洋（002376）在互动平台回答投资者提问时表示，新北洋坚持"一体两 翼、八大业务"战略，着力构建"三个战略成长曲线"，努力实现公司业绩可持续、可预期的有质量增 长。第一战略成长曲线，即打印扫描产品、智能自助终端、智慧金融设备、智能物流装备业务，夯实聚 焦，稳扎稳打，支撑公司未来2至3年收入和利润的持续稳定增长。第二战略成长曲线，即新零售综合运 营、物流自动化分拣运营、设备综合运维服务业务，拓展聚焦，全力以赴，打造公司未来3至5年新的快 速增长点。第三战略成长曲线，即关键基础零部件业务，尝试聚焦，长期坚持，培育公司未来5至7年后 的长远竞争优势与新兴增长极。同时，公司积极拓展海外市场，海外市场收入规模的快速增长，有效支 撑公司整体业绩实现有质量的持续增长。 ...

Core Viewpoint - The company Xinbeiyang has shown stable trading activity with a slight increase in financing buy-ins and a significant year-on-year growth in revenue and net profit for the first nine months of 2025 [1][2]. Group 1: Trading Activity - On November 11, Xinbeiyang's stock price remained unchanged at 0.00%, with a trading volume of 85.70 million yuan [1]. - The financing buy-in amount for Xinbeiyang on the same day was 12.17 million yuan, while the financing repayment was 10.79 million yuan, resulting in a net financing buy-in of 1.38 million yuan [1]. - As of November 11, the total financing and securities lending balance for Xinbeiyang was 493 million yuan, which accounts for 7.69% of its market capitalization, indicating a high level compared to the past year [1]. Group 2: Company Financial Performance - For the period from January to September 2025, Xinbeiyang achieved an operating revenue of 1.982 billion yuan, representing a year-on-year growth of 16.82% [2]. - The net profit attributable to the parent company for the same period was 61.01 million yuan, reflecting a significant year-on-year increase of 56.26% [2]. Group 3: Shareholder Information - As of October 31, 2025, Xinbeiyang had 51,300 shareholders, a decrease of 2.68% from the previous period, while the average number of circulating shares per person increased by 2.75% to 15,219 shares [2]. - Since its A-share listing, Xinbeiyang has distributed a total of 1.579 billion yuan in dividends, with 351 million yuan distributed over the past three years [3]. - As of September 30, 2025, Hong Kong Central Clearing Limited was the sixth largest circulating shareholder, holding 6.2141 million shares as a new shareholder [3].

Core Viewpoint - The company Xinbeiyang has shown significant financial performance with a notable increase in revenue and net profit, alongside high financing and margin trading activity, indicating strong investor interest and market positioning [1][2]. Financing Activity - On September 17, Xinbeiyang experienced a financing buy-in of 19.30 million yuan, with a net buy of 7.54 million yuan, leading to a total financing balance of 470 million yuan, which constitutes 7.42% of its market capitalization [1]. - The financing balance is above the 80th percentile of the past year, indicating a high level of investor engagement [1]. Margin Trading - On the same day, Xinbeiyang had a margin trading balance of 150,100 yuan, with a short selling volume of 0 shares, suggesting limited bearish sentiment [1]. - The margin trading balance is above the 50th percentile of the past year, reflecting a relatively high level of activity [1]. Financial Performance - For the first half of 2025, Xinbeiyang reported a revenue of 1.279 billion yuan, marking a year-on-year growth of 24.04%, and a net profit of 37.26 million yuan, which is a 114.60% increase compared to the previous year [2]. - The company has distributed a total of 1.579 billion yuan in dividends since its A-share listing, with 351 million yuan in the last three years [2]. Shareholder Information - As of August 31, the number of shareholders for Xinbeiyang was 54,400, a decrease of 6.82% from the previous period, while the average number of circulating shares per person increased by 7.31% to 14,360 shares [2].

Group 1 - The core business of Huijin Co., Ltd. includes intelligent manufacturing and integrated information solutions, focusing on smart financial devices, intelligent office equipment, and self-service terminals [1][7] - Huijin Co., Ltd. has signed an agreement to acquire 20% equity in Cooper New Energy, aiming to gain control with a voting rights ratio of no less than 51% [1][7] - The transaction is expected to constitute a major asset restructuring, with due diligence to be conducted and relevant plans or reports to be disclosed within six months [1][7] Group 2 - Cooper New Energy specializes in the research, production, and sales of internal equipment for wind power tower cylinders and intelligent equipment for wind power construction [1][7] - The restructuring event is categorized under the computer industry, indicating a strategic move within the technology sector [1][7] - The total market value of Huijin Co., Ltd. is reported to be 7.871 billion [9]

Financial Performance - The company achieved a revenue of 1.28 billion CNY in the first half of 2025, representing a year-on-year growth of 24% [3] - Net profit attributable to shareholders reached 37 million CNY, with a significant increase of 115% compared to the previous year [3] Business Segment Performance - Printing and scanning business generated 270 million CNY, up 34%, accounting for 21% of total revenue [3] - Smart self-service terminals brought in 340 million CNY, a 62% increase, making up 27% of total revenue [3] - Smart financial devices saw a revenue of 170 million CNY, down 23%, representing 13% of total revenue [4] - Intelligent logistics equipment revenue surged to 120 million CNY, a 130% increase, contributing 9% to total revenue [4] - Service operation business earned 190 million CNY, growing 13%, and accounted for 15% of total revenue [4] - Key components maintained stable revenue of 130 million CNY, representing 11% of total revenue [4] Market Performance - Domestic market revenue was 750 million CNY, a 15% increase from 650 million CNY, accounting for 58% of total revenue [4] - Overseas market revenue reached 530 million CNY, a nearly 40% increase from 380 million CNY, making up 42% of total revenue [4] Strategic Insights - The company focuses on "unmanned and less manpower" strategies to achieve quality growth [3] - The overseas business has a gross margin of nearly 40%, which is 10%-15% higher than similar domestic businesses [7] - The company is actively expanding its presence in emerging markets and enhancing its global supply capabilities [7] Future Outlook - The company is exploring new demands in digital currencies and stablecoins, aligning with its strategic planning [9] - The Thai factory is set to produce specialized printing and scanning products, with an annual capacity of hundreds of thousands of units [9]

Group 1: Company Strategy and Growth - The company initiated a second entrepreneurship in 2015, focusing on "unmanned and less manpower" in specific sectors such as finance, logistics, and healthcare, forming a strategic layout of "one body, two wings, and eight major businesses" [5] - The three strategic growth curves include: 1. First curve: stable growth in printing, scanning, and smart terminal products, expected to support revenue and profit growth in the next 2-3 years 2. Second curve: new retail operations and logistics automation, aimed at rapid growth in the next 3-5 years 3. Third curve: key component business, focusing on long-term competitive advantages over the next 5-7 years [5] Group 2: Financial Performance - In 2024, the company achieved revenue of CNY 2.376 billion, a year-on-year increase of 8.52%, and a net profit of CNY 48.54 million, up 152% [6] - The revenue composition includes: - Printing and scanning products: CNY 446 million (18.78%) - Smart self-service terminals: CNY 513 million (21.61%) - Smart financial devices: CNY 502 million (21.11%) - Smart logistics equipment: CNY 164 million (6.91%) - New retail operations: CNY 355 million (14.93%) - Key components: CNY 290 million (12.21%) [7] Group 3: Market Expansion and Product Development - The company has established long-term partnerships with leading logistics firms in Europe, expanding its market share in countries like Germany and Greece, with overseas revenue reaching CNY 999.2 million, a 24% increase, accounting for 42% of total revenue [7][10] - The logistics automation segment focuses on providing comprehensive solutions, including core components and integrated services, maintaining a leading market share in products like single-item separation and linear sorting machines [8] Group 4: Future Growth Areas - The smart financial devices segment is expected to grow due to domestic market trends, including the need for cash management solutions and the replacement of aging equipment, with an estimated market of 500,000 to 600,000 units [11][12] - The new retail operations are characterized by technological innovation and a focus on both public and commercial points, aiming to create a differentiated competitive advantage through a dense network of service points [13][14]