Core Viewpoint - Nanjing High-Tech's Q3 2025 report shows significant revenue and profit growth, driven by successful equity investment and stable real estate operations [1] Financial Performance - Total revenue for Q3 2025 reached 2.4 billion yuan, a year-on-year increase of 58.11% [1] - Net profit attributable to shareholders was 2.438 billion yuan, up 32.64% year-on-year [1] - Gross margin improved to 24.02%, with a weighted return on net assets of 12.73% [1] Stock Performance - Over the past week (February 9 to February 13, 2026), Nanjing High-Tech's stock price fluctuated between 8.92 yuan and 8.77 yuan, with a decline of 0.57% [2] - The stock exhibited a volatility of 3.17%, with MACD indicators suggesting a short-term adjustment [2] - On February 13, there was a net outflow of 3.97 million yuan from main funds, with a turnover rate of 0.90% [2] Institutional Insights - Institutions maintain a neutral view on Nanjing High-Tech, with a target price of 11.76 yuan, indicating a potential upside of 30.23% from the latest price [3] - Profit forecasts suggest a 47.40% year-on-year increase in net profit for 2025, but potential adjustment pressure in 2026 [3] - Recent institutional research frequency is low, with fund ownership at 0.39% and general market attention [3] Recent Events - On February 9, 2026, the Nanjing Zijin Mountain Venture Capital Conference announced a 10 billion yuan mother fund to support the "1026" advanced manufacturing cluster and innovative enterprises in Nanjing [4] - This event may indirectly benefit Nanjing High-Tech's equity investment business, although the company did not directly participate in the announcement [4]

证券日报网讯 2月10日，南京高科在互动平台回答投资者提问时表示，股权投资业务是公司核心主业， 公司坚持市场化、专业化运作，聚焦新产品、新技术、新材料等新质生产力赛道，投资了亚格盛、中科 银河芯、领跑微、卡贝尼等一批优质企业。 （文章来源：证券日报） ...

证券日报网讯 2月10日，南京高科在互动平台回答投资者提问时表示，公司于2024年提出利用3-5年的 时间逐步退出现有房地产业务，目前，公司正积极采取多种举措，推动项目去化，加快资金回笼。 （文章来源：证券日报） ...

（编辑 姚尧） 证券日报网讯 2月10日，南京高科在互动平台回答投资者提问时表示，2024年6月，公司通过中钰高科 健康产业并购基金实物分配的方式直接持有了晨牌药业42.88%的股份，成为其第一大股东，同时派驻 管理团队主导晨牌药业经营管理工作。 ...

证券日报网讯 2月10日，南京高科在互动平台回答投资者提问时表示，公司存量房地产情况详见公司年 度报告。公司于2024年提出3-5年内退出房地产业务的相关计划是基于当前市场形势作出的整体战略考 量，需要一个渐进的过程。当下，房地产业务将进一步加强对行业趋势和区域形势的分析研判，加快在 手项目销售及回款。 （文章来源：证券日报） ...

（文章来源：证券日报） 证券日报网讯 2月10日，南京高科在互动平台回答投资者提问时表示，公司将深入贯彻国家创新驱动发 展战略，围绕新质生产力领域，做强股权投资核心主业，深化产投融合，培育生物医药产业，使之成为 主营业务转型方向，以价值创造为导向，打造国内一流的高科技产业投资商和运营商。 ...

Group 1 - The core viewpoint of the report indicates that the fund, AI Fund China Europe Dividend Select Mixed Initiation A, has shown a profit of 1.5113 million yuan in Q4 2025, with a weighted average profit per fund share of 0.032 yuan. The fund's net value growth rate for the reporting period was 2.8%, and the fund size reached 61.4973 million yuan by the end of Q4 [3][15] - The fund is categorized as a mixed equity fund, with a unit net value of 1.29 yuan as of January 22. The fund managers are Liu Yong and Zhang Xue Ming [3] - The fund management expresses optimism about the future of dividend investment in China, suggesting there is still room for further development and deeper exploration. They plan to enhance research in this area and refine existing dividend strategies [3] Group 2 - As of January 22, the fund's three-month cumulative net value growth rate is 4.09%, ranking 514 out of 689 comparable funds. The six-month growth rate is 6.58%, ranking 603 out of 689, and the one-year growth rate is 18.55%, ranking 581 out of 673 [3] - The fund's Sharpe ratio since inception is 1.3735, indicating a favorable risk-adjusted return [8] - The maximum drawdown since inception is 6.78%, occurring in Q2 2025, which is the highest quarterly drawdown recorded [11] Group 3 - The average stock position since inception is 86.6%, compared to the peer average of 84.04%. The fund reached its highest stock position of 92.16% at the end of Q3 2025 and its lowest of 67.43% at the end of Q3 2024 [14] - As of the end of Q4 2025, the fund's top ten holdings include Guangzhou Development, Nanjing High-Tech, Weifu High-Tech, Huadian International, Ordos, Nanjing Steel, Wuxi Bank, Shandong Publishing, Guiyang Bank, and Zhongchuang Zhiling [18]

Group 1 - The company, Nanjing High Tech, indicated that specific financial data for the fiscal year 2025 will be available in its annual report for that year [2]

证券日报网讯1月21日，南京高科（600064）在互动平台回答投资者提问时表示，目前，公司尚未建立 财务共享中心，但已构建了符合《企业会计准则》及监管要求的规范化财务管理制度体系。 ...

证券日报网讯1月21日，南京高科（600064）在互动平台回答投资者提问时表示，公司将严格按照相关 监管规则履行信息披露义务。 ...