--- title: "Guohai Securities: Maintains \"Overweight\" rating on KINGDOM, focusing on the core financial technology business and shrinking the scale of non-financial IT operations" type: "News" locale: "en" url: "https://longbridge.com/en/news/255127842.md" description: "Guohai Securities maintains a \"Buy\" rating on KINGDOM, pointing out that its net profit attributable to shareholders for the first half of 2025 is -39 million yuan, an improvement compared to the same period last year. The company focuses on its core financial technology business, reduces the scale of non-financial IT business, and continues to promote the new generation of core trading products to enhance business efficiency in the wealth management sector. KINGDOM maintains a leading position in financial IT services and enterprise digital transformation" datetime: "2025-08-29T05:49:00.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/255127842.md) - [en](https://longbridge.com/en/news/255127842.md) - [zh-HK](https://longbridge.com/zh-HK/news/255127842.md) --- # Guohai Securities: Maintains "Overweight" rating on KINGDOM, focusing on the core financial technology business and shrinking the scale of non-financial IT operations Guohai Securities research report pointed out that KINGDOM's net profit attributable to the parent company for H1 2025 is -39 million yuan, compared to -81 million yuan in the same period last year, with a net profit of 56 million yuan in Q2, compared to -1 million yuan in the same period last year. In H1 2025, the company's revenue from financial/non-financial sectors is 881 million/326 million yuan, a year-on-year decrease of -5.84%/-76.74%. The company focuses on its core business in financial technology, shrinking the scale of non-financial IT business, and maintaining investment in core technology and product areas. Based on the KOCA platform, the company continues to promote a new generation of core trading products for full-stack trusted computing, including the comprehensive service platform for securities business FS2.5, and the next-generation investment trading system A8 for asset management, aimed at customer upgrades. In the wealth management field, the company has developed multiple intelligent agents such as Business Assistant and Smart Navigator around the FS2.5 new generation core trading system, significantly improving the speed of business processing by retrieving professional knowledge bases. The company is a leading financial IT service provider in China, while also deeply engaged in innovative businesses such as enterprise digital transformation. It maintains an "Overweight" rating ### Related Stocks - [600446.CN](https://longbridge.com/en/quote/600446.CN.md) ## Related News & Research - [Martin Lewis tells households to act now over hidden energy refunds](https://longbridge.com/en/news/287089299.md) - [RUSSIA SAYS ONLY IRAN ITSELF SHOULD DECIDE THE FATE OF ITS URANIUM RESERVES.](https://longbridge.com/en/news/287193218.md) - [IRAN'S ISNA NEWS AGENCY SAYS IRAN 'IS RESPONDING TO A TEXT SENT BY THE U.S.'](https://longbridge.com/en/news/287185225.md) - [BYD is struggling to meet demand for new fast-charging EVs as orders reach 100K, 60K](https://longbridge.com/en/news/287109883.md) - [These 10 tech stocks have been models of consistency for a decade - none are chip stocks](https://longbridge.com/en/news/286786827.md)