截至2026年1月23日收盘，新国都(300130)报收于28.44元，上涨2.49%，换手率3.9%，成交量16.93万 手，成交额4.79亿元。 董秘： 您好，公司一直密切关注数字人民币、跨境支付相关政策和业务场景创新方向，基于监管框 架，积极储备产品、技术和合规等相关能力，寻求业务发展机会。近年来公司持续加强旗下跨境支付品 牌PayKKa的资源投入、产品研发和银行资金渠道建设。收款业务方面，公司持续优化 B2B 跨境贸易收 款、B2C跨境电商收款产品能力，不断加强各个国家本地账户建设，本地账户区域覆盖美国、加拿大、 英国、欧盟、澳大利亚、新加坡、中国香港、印尼、菲律宾、泰国、越南等主要国家和区域，同时开通 罗马尼亚列伊（RON）、捷克克朗（CZK）、波兰兹罗提（PLN）和匈牙利福林（HUF）等欧洲小币种 收款；PayKKa还成功帮助客户在Amazon、Etsy、Lazada、Shopee、TikTok等全球主流电商平台收款； 收单业务方面，公司独立站全球收单产品上线，不断加强和收单行、收单机构合作。针对国内数字人民 币的受理场景，公司能够提供多种场景下的数字人民币受理解决方案，例如聚合支付码牌、数币收款 ...

证券日报网讯1月23日，新国都（300130）在互动平台回答投资者提问时表示，公司一直密切关注数字 人民币、跨境支付相关政策和业务场景创新方向，基于监管框架，积极储备产品、技术和合规等相关能 力，寻求业务发展机会。近年来公司持续加强旗下跨境支付品牌PayKKa的资源投入、产品研发和银行 资金渠道建设。收款业务方面，公司持续优化B2B跨境贸易收款、B2C跨境电商收款产品能力，不断加 强各个国家本地账户建设，本地账户区域覆盖美国、加拿大、英国、欧盟、澳大利亚、新加坡、中国香 港、印尼、菲律宾、泰国、越南等主要国家和区域，同时开通罗马尼亚列伊(RON)、捷克克朗(CZK)、 波兰兹罗提(PLN)和匈牙利福林(HUF)等欧洲小币种收款；PayKKa还成功帮助客户在Amazon、Etsy、 Lazada、Shopee、TikTok等全球主流电商平台收款；收单业务方面，公司独立站全球收单产品上线，不 断加强和收单行、收单机构合作。针对国内数字人民币的受理场景，公司能够提供多种场景下的数字人 民币受理解决方案，例如聚合支付码牌、数币收款码牌、POS扫描数币付款码等。 ...

针对上述提问，新国都回应称："您好，公司一直密切关注数字人民币、跨境支付相关政策和业务场景 创新方向，基于监管框架，积极储备产品、技术和合规等相关能力，寻求业务发展机会。近年来公司持 续加强旗下跨境支付品牌PayKKa的资源投入、产品研发和银行资金渠道建设。收款业务方面，公司持 续优化 B2B 跨境贸易收款、B2C跨境电商收款产品能力，不断加强各个国家本地账户建设，本地账户 区域覆盖美国、加拿大、英国、欧盟、澳大利亚、新加坡、中国香港、印尼、菲律宾、泰国、越南等主 要国家和区域，同时开通罗马尼亚列伊（RON）、捷克克朗（CZK）、波兰兹罗提（PLN）和匈牙利福 林（HUF）等欧洲小币种收款；PayKKa还成功帮助客户在Amazon、Etsy、Lazada、Shopee、TikTok等 全球主流电商平台收款；收单业务方面，公司独立站全球收单产品上线，不断加强和收单行、收单机构 合作。针对国内数字人民币的受理场景，公司能够提供多种场景下的数字人民币受理解决方案，例如聚 合支付码牌、数币收款码牌、POS扫描数币付款码等。感谢您的关注，敬请投资者注意投资风险。" 有投资者在互动平台向新国都提问："近期人民银行等八部门 ...

有投资者在互动平台向新国都提问："请问公司的PAYKkA可以开发数字人民币的跨境支付功能吗？公 司会积极申请加入跨境支付试点吗？谢谢。" 来源：市场资讯 针对上述提问，新国都回应称："您好，公司一直密切关注数字人民币跨境支付相关政策和业务场景创 新方向，基于监管框架，储备产品、技术和合规等相关能力，积极寻求业务发展机会，但新业务和新功 能的研究开发还需要时间积累。近年来公司持续加强旗下跨境支付品牌PayKKa的资源投入、产品研发 和银行资金渠道建设。收款业务方面，公司持续优化 B2B 跨境贸易收款、B2C跨境电商收款产品能 力，不断加强各个国家本地账户建设，本地账户区域覆盖美国、加拿大、英国、欧盟、澳大利亚、新加 坡、中国香港、印尼、菲律宾、泰国、越南等主要国家和区域，同时开通罗马尼亚列伊（RON）、捷 克克朗（CZK）、波兰兹罗提（PLN）和匈牙利福林（HUF）等欧洲小币种收款；PayKKa还成功帮助 客户在Amazon、Etsy、Lazada、Shopee、TikTok等全球主流电商平台收款；收单业务方面，公司独立站 全球收单产品上线，不断加强和收单行、收单机构合作，拓展收单支持场景，通过收单业务和收款业 ...

人民财讯12月26日电，新国都（300130）12月26日在互动平台表示，公司一直密切关注数字人民币跨境 支付相关政策和业务场景创新方向，基于监管框架，储备产品、技术和合规等相关能力，积极寻求业务 发展机会，但新业务和新功能的研究开发还需要时间积累。近年来公司持续加强旗下跨境支付品牌 PayKKa的资源投入、产品研发和银行资金渠道建设。 ...

证券日报网讯12月16日，新国都（300130）在互动平台回答投资者提问时表示，近年来公司大力推动旗 下跨境支付品牌PayKKa的业务拓展和渠道建设。在客户群体方面，PayKKa能够为出海企业提供一站式 跨境支付解决方案，解决客户资金在收、付、结、汇、管方面的问题；在牌照布局与合规方面，公司已 取得卢森堡PI、香港MSO、美国MSB牌照，构建全球合规网络。公司严格遵循国际法规，通过多项安 全认证，充分保障数据安全；在产品方面，PayKKa能提供B2B跨境贸易收款、B2C跨境电商收款、全 球收单等一系列支付服务产品，已支持10+全球主流币种的收款业务以及全球150+币种的收单业务。公 司将持续完善海外牌照布局，加强产品、团队和渠道建设，加快跨境支付业务拓展速度。 ...

Core Viewpoint - The payment industry in China is undergoing a deep adjustment period, characterized by stricter regulations, declining fees, and intensified competition. Newland Digital Technology Co., Ltd. (新国都) is preparing for an H-share IPO while facing regulatory challenges and changes in its revenue structure [1][2][8]. Group 1: Regulatory Environment and Company Response - The People's Bank of China issued a fine to Newland for violations related to merchant management and clearing regulations, amounting to 1.41 million yuan, indicating increased regulatory scrutiny in the payment sector [1]. - Newland has committed to enhancing compliance awareness and improving risk management systems to ensure smooth operations in response to regulatory pressures [1]. - Analysts predict that regulatory measures will continue to tighten, with compliance costs expected to rise significantly by the second half of 2025 [8]. Group 2: Revenue Structure Changes - From 2022 to the first half of 2025, Newland's revenue from acquiring and value-added services decreased from 70.9% to 61.9%, while revenue from electronic payment products increased from 22.7% to 35.2%, indicating a shift in the company's growth logic [2]. - The company's gross margin fluctuated, peaking at 40.56% in 2024 before dropping to 34.06% in 2025, primarily due to changes in the gross margin of acquiring and value-added services [2]. Group 3: Performance Metrics - Newland's total payment volume (TPV) in China decreased from 2.6 trillion yuan to 1.5 trillion yuan between 2022 and 2024 [3]. - In the first three quarters of 2025, Newland reported revenue of 2.343 billion yuan, a decrease of 4.15% year-on-year, while net profit increased by 37.1% due to significant non-recurring gains [4][5]. Group 4: Hardware Business and Client Concentration - Newland's hardware business remains resilient, with over 50 million electronic payment devices sold globally over the past 15 years, ranking fourth among Asian POS terminal manufacturers in 2024 [5]. - The revenue concentration from the top five clients increased slightly, indicating a manageable level of risk for the company [5]. Group 5: Future Growth Strategies - Newland is focusing on expanding its cross-border payment services and has obtained various international licenses, including those from Luxembourg, Hong Kong, and the United States [6][7]. - The company is investing in AI technology to enhance payment services and improve operational efficiency, although this may increase costs in the short term [9]. - Newland plans to establish an intelligent manufacturing base to transition towards smart and automated production, which aligns with its long-term strategic goals [9].

Core Viewpoint - The company, Xinguodu, is set to go public on the Hong Kong Stock Exchange, marking its strategic move to establish a dual listing in both A-share and H-share markets, enhancing its global presence in the payment technology sector [1] Group 1: Business Overview - Founded in 2001, Xinguodu is a leading player in the full payment technology industry chain in China, having developed the first generation of large-screen wireless POS machines and being one of the four global suppliers designated by China UnionPay [1] - Xinguodu's subsidiary, Jialian Payment, is a leading bank card acquiring institution in China, achieving transaction volumes exceeding 1 trillion RMB for six consecutive years [2] - The company has actively pursued an overseas expansion strategy, launching the cross-border payment brand PayKKa, leveraging over 20 years of industry experience to enhance its brand recognition and influence [1][2] Group 2: Financial Performance - Xinguodu has become a global leader in payment device revenue, with cumulative sales exceeding 50 million units over the past 15 years, and over 95% of its payment hardware revenue now comes from overseas markets [2] - Since 2018, Jialian Payment has seen rapid growth in revenue and transaction volume, consistently surpassing 1 trillion RMB in total payment volume (TPV) for six years, serving over 20 million merchants [2] - The company’s SaaS product, Jialian Cloud Store, has expanded to over 100,000 merchants, with peak daily transactions exceeding 850,000 [3] Group 3: Strategic Initiatives - The company is transitioning from a traditional payment service provider to a comprehensive digital payment solution provider, achieving significant results in this transformation [3] - Xinguodu's overseas sales revenue for its payment device segment reached 533 million RMB in the first half of 2025, marking a year-on-year growth of 22.02%, with high-end markets in Europe, America, and Japan seeing revenue growth of over 80% [3] - The upcoming listing on the Hong Kong Stock Exchange is aimed at deepening the company's global strategy, accelerating overseas business expansion, and enhancing its international market competitiveness [3][4]

Core Viewpoint - New Guodu (300130) has submitted an application for an IPO in Hong Kong to enhance its global strategy and expand overseas business, following the trend of Chinese payment companies going international [1][2]. Group 1: Company Overview - New Guodu, established in July 2001, is a payment technology service provider with over 1,000 employees and operations in more than 100 countries [2]. - The company aims to deepen its global strategy and enhance its international market competitiveness through the IPO [1]. Group 2: Financial Performance - In 2024, New Guodu reported a net profit of 234 million yuan, a decrease of 68.98% year-on-year, primarily due to tax adjustments and goodwill impairment [4]. - For the first half of 2025, the company achieved revenue of 1.527 billion yuan, down 3.17% year-on-year, and a net profit of 275 million yuan, down 38.61% year-on-year [4]. - In the first three quarters of 2025, revenue was 2.343 billion yuan, a decline of 4.15%, while net profit increased by 37.10% to 407 million yuan [5]. Group 3: Business Segments - The revenue from the acquiring and value-added services segment has been declining, accounting for 67.2% of total revenue in 2024, down from 70.9% in 2022 [5]. - The electronic payment products segment is gradually increasing its share, with revenues of 982 million yuan, 994 million yuan, and 941 million yuan from 2022 to 2024 [6]. Group 4: International Expansion - New Guodu is implementing a dual overseas strategy, focusing on cross-border payment and local acquiring services, and has established a marketing network in India and expanded into Europe and Japan [8][9]. - The company has obtained various international payment licenses, including those from Luxembourg, Hong Kong, and the United States, to support its cross-border payment initiatives [9]. - Revenue from outside mainland China has been increasing, accounting for 21.1%, 26.0%, and 29.0% from 2022 to 2024 [9].

Core Insights - New Guodu (300130) has submitted its prospectus to the Hong Kong Stock Exchange, with CITIC Securities acting as the sole sponsor [1] - The company has sold over 50 million electronic payment devices globally, with more than 1 million terminals connected to the NEXGO CLOUD platform [1] - As a payment technology service provider, the company offers an integrated model of "payment hardware + payment services," providing end-to-end digital payment technology solutions for financial institutions, acquirers, and SMEs [1] Business Expansion - The company is steadily advancing its hardware business globally, consolidating its leading position in the Indian market while strategically expanding into high-value markets such as Europe and Japan [1] - It has strengthened its local operational capabilities and obtained licenses for payment institutions in Luxembourg, money service operators in Hong Kong, and money service businesses in the United States, establishing a compliance foundation for cross-border payments and global acquiring business [1] Service Offerings - Through its wholly-owned subsidiary, JiaLian Payment Co., Ltd., the company conducts nationwide acquiring business, serving over 20 million customers with services including card acquiring, QR code acquiring, and scenario-based value-added digital solutions [1] - The cross-border payment brand PayKKa provides B2B foreign trade collection, B2C e-commerce collection, and global acquiring services [1] Technological Investment - The company continues to increase strategic investments in cutting-edge technologies such as AI, having successfully launched its first intelligent product and achieved initial commercial deployment in digital marketing and white goods verticals [1]