Group 1 - The software development sector experienced a decline of 2.1% on January 19, with *ST Huike leading the drop [1] - The Shanghai Composite Index closed at 4114.0, up 0.29%, while the Shenzhen Component Index closed at 14294.05, up 0.09% [1] - The table of individual stock performances in the software development sector shows significant declines, with *ST Huike down 12.84% to a closing price of 21.52 [2] Group 2 - The main capital flow in the software development sector indicated a net outflow of 5.87 billion yuan, while retail investors saw a net inflow of 3.783 billion yuan [2] - The trading volume for *ST Huike was 189,400 shares, with a transaction value of 428 million yuan [2] - Other notable declines included Zhizhen Technology down 10.00% and Hehe Information down 6.62% [2]

Core Viewpoint - On January 19, a total of 17 listed companies had their restricted shares unlocked, with a total market value of approximately 8.181 billion yuan [1]. Summary by Category Restricted Share Unlocking - The following companies had restricted shares unlocked: - Vanadium Titanium Co., Ltd. (Stock Code: 000629) - 4.0126 million shares from equity incentive [1] - Guodian NARI Technology Co., Ltd. (Stock Code: 600406) - 11.883 million shares from equity incentive [1] - Huayi Group Co., Ltd. (Stock Code: 600623) - 356,100 shares from equity incentive [1] - Western Securities Co., Ltd. (Stock Code: 002673) - 360 million shares from A-share issuance to original shareholders [1] - Chang Aluminum Co., Ltd. (Stock Code: 002160) - 237 million shares from A-share issuance to legal persons [1] - Hikvision Digital Technology Co., Ltd. (Stock Code: 002415) - 29.2208 million shares from equity incentive [1] - Jieshun Technology Co., Ltd. (Stock Code: 002609) - 258,100 shares from equity incentive [1] - Yaoji Technology Co., Ltd. (Stock Code: 002605) - 975,000 shares from equity incentive [1] - Subote Co., Ltd. (Stock Code: 603916) - 629,000 shares from equity incentive [1] - Yipin Hong Co., Ltd. (Stock Code: 300723) - 150,000 shares from equity incentive [1] - Shandong Fiberglass Group Co., Ltd. (Stock Code: 605006) - 112,200 shares from equity incentive [1] - Keta Bio-Pharmaceutical Co., Ltd. (Stock Code: 300858) - 2.0053 million shares from A-share issuance to legal persons [1] - Xinlei Co., Ltd. (Stock Code: 301317) - 112 million shares from pre-issuance restrictions [1] - Zhiwei Intelligent Co., Ltd. (Stock Code: 001339) - 293,500 shares from equity incentive [1] - Demingli Co., Ltd. (Stock Code: 001309) - 247,500 shares from equity incentive [1] - Jiuzhou Yigui Co., Ltd. (Stock Code: 688485) - 600,000 shares [1] - Yingfang Software Co., Ltd. (Stock Code: 688435) - 36.3174 million shares [1]

Group 1 - The company expects a net profit attributable to shareholders of the parent company for 2025 to be between -15 million and -12 million yuan, indicating a significant reduction in loss compared to the previous year [1] - The expected net profit attributable to shareholders of the parent company, excluding non-recurring gains and losses, is projected to be between -31 million and -27 million yuan [2] - In 2024, the net profit attributable to shareholders of the parent company was -28.585 million yuan, and the net profit excluding non-recurring gains and losses was -44.735 million yuan [3] Group 2 - The company's operating income remained relatively stable during the reporting period, while strategic investments in high-end talent acquisition, underlying technology research and development, and sales network construction were maintained at a high level [4] - The company implemented measures to optimize its organizational structure, reduce unnecessary expenses, and enhance resource utilization efficiency, leading to a year-on-year decrease in related expenses [4] - Although the company is still in a loss position for 2025, the scale of loss has narrowed compared to the same period last year [4]

Group 1 - The company expects a net profit attributable to the parent company for the fiscal year 2025 to be between -15 million and -12 million yuan, indicating a significant reduction in loss compared to the same period last year [1] - The main reason for the performance change is that the company's operating revenue remains relatively stable during the reporting period [1] - The company continues to make strategic investments in key areas such as high-end talent acquisition, underlying technology research and development, and sales network construction to seize industry development opportunities and strengthen its core technological competitive advantage [1] Group 2 - The company has implemented measures to optimize its organizational structure, reduce unnecessary expenses, and enhance resource utilization efficiency, leading to a year-on-year decrease in related expenses [1] - Despite still being in a loss position in 2025, the scale of the loss has narrowed compared to the same period last year due to the aforementioned factors [1]

Summary of Key Points Core Viewpoint - The company, Yingfang Software (688435.SH), is expected to significantly narrow its loss for the fiscal year 2025 compared to the previous year, indicating potential improvement in financial performance [1]. Financial Projections - The projected net profit attributable to the parent company for the fiscal year 2025 is estimated to be between -15 million and -12 million yuan, showing a notable reduction in loss compared to the same period last year [1]. - The expected net profit attributable to the parent company, excluding non-recurring gains and losses, is forecasted to be between -31 million and -27 million yuan for the fiscal year 2025 [1].

Financial Performance - The estimated net profit attributable to the parent company for 2025 is projected to be between -15 million and -12 million CNY, indicating a significant reduction in losses compared to the previous year[3]. - The estimated net profit attributable to the parent company after deducting non-recurring gains and losses is projected to be between -31 million and -27 million CNY[3]. - In 2024, the net profit attributable to the parent company was -28.585 million CNY, and the net profit after deducting non-recurring gains and losses was -44.735 million CNY[4]. - Despite remaining in a loss position, the company expects a narrowing of the loss scale compared to the previous year[6]. Operational Strategy - The company maintained stable operating revenue during the reporting period while strategically investing in high-end talent acquisition, underlying technology research and development, and sales network construction[5]. - The company implemented measures to optimize organizational structure, reduce unnecessary expenses, and enhance resource utilization efficiency, leading to a decrease in related expenses year-on-year[6]. Forecast and Risks - The performance forecast is based on preliminary calculations by the company's finance department and has not yet been audited by registered accountants[7]. - Investors are advised to pay attention to investment risks as the forecast data is subject to change pending the audited annual report[8].

上海英方软件股份有限公司 2026 年第一次临时股东会会议资料 上海英方软件股份有限公司 2026 年第一次临时股东会会议资料 股票简称：英方软件 股票代码：688435 2026 年 1 月 1 上海英方软件股份有限公司 2026 年第一次临时股东会会议资料 | 2026 | 年第一次临时股东会会议须知 3 | | --- | --- | | 2026 | 年第一次临时股东会会议议程 5 | | 2026 | 年第一次临时股东会议案 7 | | 议案一 | 关于使用部分超募资金永久补充流动资金的议案 7 | | 议案二 | 关于修订《会计师事务所选聘制度》的议案 9 | | 议案三 | 关于修订《公司章程》并办理工商变更登记的议案 10 | | 议案四 | 关于补选公司第四届董事会非独立董事的议案 12 | 六、要求发言的股东及股东代理人，应当按照会议的议程，经会议主持人许 可方可发言。有多名股东及股东代理人同时要求发言时，先举手者发言；不能确 定先后时，由主持人指定发言者。会议进行中只接受股东及股东代理人发言或提 问。股东及股东代理人发言或提问应围绕本次会议议题进行，简明扼要，时间原 则上不超过 5 分钟 ...

Core Viewpoint - The article discusses the performance and business operations of Yingfang Software, highlighting its focus on data replication and its role in the digital economy, particularly in collaboration with Huawei's ecosystem. Group 1: Company Overview - Yingfang Software is a Shanghai-based company specializing in data replication software, offering solutions for disaster recovery, data security, and digital transformation across various sectors, including finance and government [2][3]. - The company has developed nearly 30 standardized products based on three core technologies, creating product lines for disaster recovery, backup, big data, and cloud disaster recovery [2][3]. - As of September 30, Yingfang Software reported a revenue of 132 million yuan for the first nine months of 2025, marking an 11.26% year-on-year increase, while the net profit attributable to shareholders was -14.71 million yuan, reflecting a 53.56% year-on-year growth [8]. Group 2: Market Position and Performance - Yingfang Software is recognized as one of the top three suppliers in the domestic data replication and protection software market [3]. - The company's products are widely used in core business systems of financial institutions, including securities firms, banks, and insurance companies, as well as in government, healthcare, and telecommunications sectors [3]. - The stock of Yingfang Software experienced a decline of 3.41% on January 15, with a trading volume of 306 million yuan and a market capitalization of 4.422 billion yuan [1]. Group 3: Technical and Financial Analysis - The average trading cost of the stock is 52.77 yuan, with the stock price approaching a resistance level of 53.80 yuan, indicating potential for a price correction if it fails to break through this level [6]. - The main capital inflow for the stock was -13.84 million yuan, with a net outflow trend observed over the past three days [4][5].

Core Viewpoint - The company, Yingfang Software, specializes in data replication software and has recently seen a decline in stock price, with a 5.63% drop on January 13, 2024, and a total market capitalization of 4.491 billion yuan [1]. Company Overview - Yingfang Software, established on August 12, 2011, is located in Shanghai and focuses on providing data replication software, integrated hardware-software solutions, and related services. The revenue breakdown includes 60.37% from software products, 20.57% from software-related services, 15.97% from integrated hardware-software products, and 3.09% from other sources [8]. Product and Technology - The company has developed nearly 30 standardized products based on three core technologies, covering disaster recovery, backup, big data, and cloud disaster recovery. These products are designed to facilitate data interconnectivity and support the development of the digital economy [2][3]. - Yingfang Software's data replication products are widely used in various sectors, including finance, government, healthcare, and telecommunications, ensuring data security and business continuity while aiding digital transformation [3]. Market Position - Yingfang Software is recognized as one of the top three suppliers in the domestic data replication and protection software market. The company has achieved significant compatibility certifications with various domestic and international software brands, including compatibility with Kunpeng chips and cloud platforms [3]. Financial Performance - For the period from January to September 2025, Yingfang Software reported a revenue of 132 million yuan, reflecting a year-on-year growth of 11.26%. However, the net profit attributable to the parent company was a loss of 14.706 million yuan, although this represented a 53.56% improvement compared to the previous year [8].

Group 1 - The core viewpoint of the news is that Yingfang Software has shown significant stock performance and financing activity, indicating strong investor interest and market positioning [1] - On January 12, Yingfang Software's stock rose by 12.76%, with a trading volume of 593 million yuan, and a net financing purchase of 17.25 million yuan [1] - As of January 12, the total margin balance for Yingfang Software was 240 million yuan, accounting for 8.93% of its market capitalization, which is above the 90th percentile of the past year [1] Group 2 - As of September 30, the number of shareholders for Yingfang Software increased to 6,509, reflecting a 0.91% rise, with an average of 7,248 circulating shares per person, up by 1.32% [2] - For the period from January to September 2025, Yingfang Software reported a revenue of 132 million yuan, representing a year-on-year growth of 11.26%, while the net profit attributable to shareholders was -14.71 million yuan, showing a 53.56% increase in losses compared to the previous year [2]