Asiainfo Security Technologies Co., Ltd. provides network security software in China and internationally. It operates through two segments: Cybersecurity and Digital Intelligence Business. The company offers products and services including digital trust and identity security systems, linked defense, cloud security, endpoint security, data security, advanced threat governance, network and communication security, safety management, SaaS, security services, an integrated intelligent security operation platform, network management, industrial safety, and AI safety. Founded in 2014, it is based in Nanjing, China, and serves telecommunications operators, finance, government, manufacturing, energy, healthcare, and transportation sectors.
Independent Director Guo Hailan Resigns from Asiainfo Security and Jingda Shares After Penalty
Asiainfo Security and Jingda Shares have separately announced that independent director Guo Hailan has received an administrative penalty decision for matters unrelated to the companies and has applied to resign from her independent director roles at both firms. The Guangdong Securities Regulatory Bureau determined that Guo Hailan, as a certified public accountant at Daxin Certified Public Accountants, bore direct responsibility for illegal practices in auditing Haiyin Holdings' 2021 and 2022 annual reports, and imposed a warning plus a fine of 200,000 yuan. Haiyin Holdings was delisted in September 2024 after its share price remained below 1 yuan. Following Guo Hailan's resignation, the number of independent directors at Asiainfo Security will fall below one-third of the total board seats, and her resignation will take effect after the company's shareholders' meeting elects a new independent director.
600577.CG · Regulation · Negative Independent director Guo Hailan resigns from Jingda Shares after a regulatory penalty, leaving the board's independent-director count below the required one-third.
688225.CG · Regulation · Negative Independent director Guo Hailan resigns from Asiainfo Security after a regulatory penalty, dropping independent directors below one-third of board seats.
广东海印集团股份有限公司 · Regulation · Negative Guo Hailan was penalized for audit failures on Haiyin Holdings' 2021-2022 annual reports; Haiyin was delisted in September 2024.
AsiaInfo Security narrows first-half net loss to 255 million yuan
AsiaInfo Security released its 2026 interim report, showing operating revenue of 2.74 billion yuan, down 12.4 percent year on year. Net profit attributable to the parent swung from a loss of 356 million yuan a year earlier to a loss of 255 million yuan, narrowing the deficit. Net profit attributable to the parent after deducting non-recurring items widened from a loss of 252 million yuan a year earlier to a loss of 261 million yuan. In the second quarter, operating revenue was 1.53 billion yuan, down 16.8 percent year on year. Net profit attributable to the parent narrowed from a loss of 129 million yuan a year earlier to a loss of 69.13 million yuan. Net profit attributable to the parent after deducting non-recurring items widened from a loss of 22.92 million yuan a year earlier to a loss of 70.9 million yuan. As of the end of the second quarter, total assets stood at 10.79 billion yuan, down 7.5 percent from the end of the previous year. Net assets attributable to the parent were 1.458 billion yuan, down 16.1 percent from the end of the previous year. In the interim report, the company noted that its cybersecurity business continued to improve, generating operating revenue of 540 million yuan in the reporting period, up 6 percent year on year, with gross margin reaching a record high and total expenses across three categories falling 10.1 percent year on year.
Asiainfo Security Subsidiary Faces Arbitration Claim of 147 Million Yuan from Shangyou Lida
Asiainfo China, a wholly owned subsidiary of Asiainfo Technologies, which is a controlled subsidiary of Asiainfo Security, has been taken to arbitration by Beijing Shangyou Lida Technology over a dispute concerning a procurement contract. The Beijing Arbitration Commission has accepted the case. Shangyou Lida is seeking an award ordering Asiainfo China to pay 123 million yuan for completed goods under the contract, 8.9 million yuan in outstanding payments for requirements analysis and system design, plus overdue interest, legal fees, preservation costs, and preservation insurance premiums, bringing the provisional total to 147 million yuan. Asiainfo Security stated in a filing that if the arbitration outcome is unfavorable, the maximum risk exposure for Asiainfo Technologies would not exceed 119 million yuan, and the maximum impact on net profit attributable to shareholders of the parent company in its consolidated financial statements would not exceed 24.04 million yuan. In the first quarter of 2026, Asiainfo Security reported revenue of 1.211 billion yuan and a net loss attributable to shareholders of the parent company of 186 million yuan.
Tianzhihang Plans Major Asset Restructuring, Resumes Trading Thursday; Yunzhong Technology MLCC Orders Surge but Still in the Red
Tianzhihang is planning to acquire a 62% stake in Shanghai Minimally Invasive Orthopedics Medical Technology Co., Ltd. through a share issuance, along with raising supporting funds, which is expected to constitute a major asset restructuring. Trading in the company's shares will resume on July 30. Jianghuai Micro is set to acquire a 15.50% stake in its holding subsidiary, Jiangyin Jianghuai Fuxin Electronic Materials Co., Ltd., for 1.5024 million yuan, after which it will hold 100% equity. Zhongke Tongda shareholder Wuhan Optics Valley Growth Venture Capital Fund plans to reduce its holdings by no more than 3.4911 million shares, representing no more than 3.00% of total share capital. Hunan Haili's controlling shareholder, Haili Group, increased its holdings by 1.6177 million shares, raising its stake from 23.71% to 24.00%, with the equity change hitting a 1% integer multiple. GigaDevice's actual controller, Zhu Yiming, plans to increase his holdings in the company from December 13, 2026, to July 29, 2027, with the increase amounting to no less than 1 billion yuan. Western Mining reported a first-half net profit attributable to the parent of 4.169 billion yuan, up 123% year-on-year; Chengtun Mining reported a first-half net profit attributable to the parent of 1.804 billion yuan, up 71.37% year-on-year; Hongfa Technology reported a first-half net profit attributable to the parent of 1.156 billion yuan, up 19.89% year-on-year. AsiaInfo Security's holding subsidiary, AsiaInfo China, had bank account funds of 151 million yuan frozen, accounting for 8.71% of the company's latest audited net assets. Bio-chem Technology shareholder Guangyao Zhixin had 37.59 million company shares frozen. Century Huatong shareholders Yaoquru, Yiqusheng, Jiyufan, and Huatong Holdings were ordered by the Zhejiang Securities Regulatory Bureau to take corrective measures and had the matter recorded in their integrity files for failing to fulfill 2020 performance commitment compensation obligations. In response to a Shanghai Stock Exchange annual report inquiry, Yunzhong Technology disclosed that its MLCC business had on-hand orders at the end of June 2026 that surged 831.50% compared to the end of December 2025, but the business remains in a loss-making state. In 2025, its operating revenue was 60.1524 million yuan, accounting for 10.68% of the company's total operating revenue, with products mainly used in the consumer electronics sector and not yet applied in AI computing servers.
Asiainfo Security Subsidiary Has 151 Million Yuan Frozen in Pre-Litigation Asset Preservation Over Contract Dispute
Asiainfo Security announced that the bank account of Asiainfo China, a wholly owned subsidiary of its controlling subsidiary Asiainfo Technologies, has been frozen for 151 million yuan, accounting for 8.71 percent of the company's most recent audited net assets. The company's preliminary assessment is that the freeze resulted from a pre-litigation asset preservation application filed by Beijing Shangyoulida Technology Company against Asiainfo China over a contract dispute, with the court ruling a freeze amount of 147 million yuan, which reached 151 million yuan due to duplicate freezes. Asiainfo Security stated that it has not yet received formal legal documents from the court, and the matter will not have a material impact on the company's daily production and operations. The company has been under earnings pressure recently, posting net losses of 446 million yuan and 186 million yuan for the 2025 fiscal year and the first quarter of 2026 respectively. As of the close on July 29, the stock price stood at 11.83 yuan, marking a decline of 39.02 percent since the start of 2026.
Asiainfo Security Plans to Terminate 2026 Employee Stock Ownership Plan
Asiainfo Security announced that it plans to terminate its 2026 employee stock ownership plan. The announcement stated that after considering the willingness of plan participants, the market environment, and the company's future development plans, and in order to better protect the interests of the company, shareholders, and employees, the company has decided to terminate the 2026 employee stock ownership plan, along with the accompanying management measures and other documents. In the first quarter of 2026, Asiainfo Security achieved revenue of 1.211 billion yuan and a net loss attributable to the parent company of 186 million yuan.
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