On October 8, Guolonghui | Huaxin Securities recently pointed out in a research report that Hundsun Technologies Inc. (600570.SH) has maintained stable overall operation and stable profitability. In the first half of the year, the company's asset management technology service business revenue increased by 9.17%, achieving steady growth, mainly from investment trading systems; operation and institutional technology service business revenue increased by 3.51%, mainly from TA and valuation products. In the first half of the year, affected by the slowdown in the Hong Kong market development, Hengyun's revenue slightly decreased year-on-year, but still maintained a leading market position in the industry, signing contracts with 7 new customers in the first half of the year; the enterprise finance sector product line has established a subsidiary, Hengsen Qijing, in Nanjing for independent operation, with steady development momentum. Currently, the company's wealth technology service sector has landed multiple customers for financial management product line, comprehensive wealth management, wealth sales, asset allocation, CRM, and other products, UF3.0 and internal memory transactions have also completed new cooperation with multiple customers, showing rapid growth. In addition, the company will launch another stock-based incentive plan in 2024, with performance assessment requirements based on the net income of 23-25 years respectively, and the net income growth rate of 24-26 years not less than 10%. The release of the stock incentive plan is expected to motivate the team's enthusiasm and further promote the company's positive business growth. Maintain a 'buy' investment rating.
研报掘金丨华鑫证券:恒生电子盈利能力稳定,维持“买入”评级
Research reports discover | Huaxin Securities: hundsun technologies inc.'s profitability is stable, maintaining a "buy" rating.
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