Company Overview - Yitong Century Technology Co., Ltd. is located in Guangzhou, Guangdong Province, and was established on October 9, 2001. The company was listed on April 25, 2012. Its main business includes communication network engineering services, maintenance services, optimization services, and system solutions [1][2]. Financial Performance - For the first half of 2025, Yitong Century achieved operating revenue of 1.22 billion yuan, a year-on-year decrease of 0.54%. The net profit attributable to the parent company was -1.77 million yuan, a year-on-year decrease of 104.92% [2]. - Since its A-share listing, Yitong Century has distributed a total of 137 million yuan in dividends, with no dividends paid in the last three years [3]. Stock Performance - As of September 16, Yitong Century's stock price increased by 2.14% to 6.69 yuan per share, with a trading volume of 153 million yuan and a turnover rate of 3.35%. The total market capitalization is 5.898 billion yuan [1]. - Year-to-date, the stock price has decreased by 11.51%, with a 4.21% increase over the last five trading days, a 1.04% decrease over the last 20 days, and a 3.04% decrease over the last 60 days [1]. Shareholder Information - As of June 30, 2025, the number of shareholders is 69,100, a decrease of 2.33% from the previous period. The average number of circulating shares per person is 10,009, an increase of 2.39% [2]. - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited is the second-largest shareholder, holding 11.31 million shares, an increase of 6.05 million shares from the previous period [3]. Industry Classification - Yitong Century belongs to the communication industry, specifically in the communication services sector, focusing on communication engineering and services. It is associated with concepts such as small-cap stocks, core networks, information innovation, security, and DeepSeek [2].

中嘉博创（000889）信息技术股份有限公司（以下简称：中嘉博创）于8月25日晚披露2025年半年度报 告。报告显示，公司上半年实现营业收入7.76亿元，同比增长10.46%，核心业务通信网络维护板块表现 亮眼；同时，公司成功撤销股票其他风险警示，治理结构进一步优化，历史风险化解取得关键进展，为 后续发展注入信心。 营收增长显韧性，成本管控与研发双发力 上半年，中嘉博创营收规模实现稳步扩张，核心财务指标呈现"增收入、控费用、优现金流"的正向特 征。报告期内，公司营业收入较上年同期增长，增长动力主要来自核心业务的区域拓展与订单落地。 成本方面，销售费用331万元，同比下降12.93%，因人员成本优化；管理费用477万元，同比下降 2.00%，源于折旧及摊销费用减少。同时，公司持续加大研发投入，上半年研发支出2552万元，同比增 长6.56%，聚焦通信维护技术升级与信息传输系统优化，为业务竞争力筑牢技术基础。 现金流管理也迎来改善，经营活动产生的现金流量同比改善67.83%，主要因销售回款流入增加，营运 资金效率提升。此外，子公司创世漫道、长实通信作为高新技术企业享受15%企业所得税优惠，小微企 业子公司享受"应 ...

Core Insights - The integration of information technology and communication is becoming a core driver of development across various industries in China [1] - Zhongjia Bochuang (000889) has established a strong position in the domestic information communication service industry through its core businesses of information intelligent transmission and communication network maintenance [1][2] Business Overview - Zhongjia Bochuang's main business is divided into two core segments: information intelligent transmission and communication network maintenance [2] - The subsidiary Chuangsi Mandao focuses on information intelligent transmission, while Changshi Communication specializes in communication network maintenance services [2][3] Information Intelligent Transmission - Chuangsi Mandao provides customized information transmission services leveraging mobile communication networks and internet technology, catering to various industries such as internet, e-commerce, banking, and insurance [2][3] - The company has developed a core processing platform that supports multiple formats including SMS, MMS, and voice, enhancing user experience and service quality [2][3] - The demand for trigger-based SMS services is increasing, particularly in the context of the ongoing development of the internet and mobile internet [2][5] Communication Network Maintenance - Changshi Communication offers comprehensive technical support for communication network maintenance, including operational management, fault repair, and daily maintenance [3][4] - The company has established a strong reputation in the market, successfully securing numerous business orders due to its cross-regional service capabilities and technical expertise [4][6] - The maintenance market is expanding rapidly, driven by the increasing demand for 5G base station construction and network optimization [4][6] Market Trends - The information intelligent transmission market is experiencing steady growth, with a 0.5% year-on-year increase in domestic mobile SMS business volume and a 2% increase in revenue projected for the first half of 2024 [5][6] - The competition in the information intelligent transmission industry is intensifying, with price competition and service differentiation becoming critical factors for market positioning [5] - The communication network maintenance market is also becoming more concentrated, with leading companies gaining a larger market share as the industry evolves [6] Future Strategies - Zhongjia Bochuang aims to enhance its competitive edge through technological innovation and service optimization, particularly in the context of the 5G era [7][8] - The company plans to expand its service capabilities in communication network maintenance and explore new applications in various industries [7][8] - There are intentions to tap into overseas markets, leveraging global digital transformation trends to provide efficient communication technology services internationally [8][9]