Financial Performance - The company's operating revenue for the third quarter reached ¥6,321,071,132.44, representing a year-on-year increase of 17.63%[4] - The total profit for the quarter was ¥215,185,968.36, showing a slight increase of 0.72% compared to the same period last year[4] - The net profit attributable to shareholders was ¥137,140,215.83, which is a decrease of 0.45% year-on-year[4] - The net profit after deducting non-recurring gains and losses was ¥118,267,459.52, down by 11.27% compared to the previous year[4] - Basic earnings per share were ¥0.0604, a decrease of 0.66% compared to the same period last year[5] - Net profit for the first three quarters of 2025 was ¥608,602,076.40, compared to ¥592,734,680.13 in the same period of 2024, indicating an increase of 2.7%[19] - The net profit attributable to the parent company for the first three quarters of 2025 was approximately CNY 521.19 million, an increase from CNY 501.75 million in the same period of 2024, representing a growth of about 3.0%[20] - The total comprehensive income for the first three quarters of 2025 reached CNY 609.06 million, compared to CNY 592.70 million in 2024, indicating an increase of approximately 2.4%[20] - The basic earnings per share for the first three quarters of 2025 was CNY 0.2282, up from CNY 0.2205 in the same period of 2024, reflecting a growth of about 3.1%[20] Cash Flow and Liquidity - Cash flow from operating activities amounted to ¥655,650,111.58, reflecting a decrease of 8.51% year-on-year[5] - The company's cash and cash equivalents decreased to ¥8,530,034,264.40 as of September 30, 2025, down from ¥9,801,130,642.59 at the end of 2024, a decline of 12.9%[14] - Cash inflows from operating activities for the first three quarters of 2025 totaled CNY 20.40 billion, compared to CNY 17.52 billion in 2024, marking an increase of approximately 10.7%[23] - The net cash flow from operating activities for the first three quarters of 2025 was CNY 423.94 million, slightly down from CNY 446.54 million in 2024, a decrease of about 5.0%[23] - The cash and cash equivalents at the end of the third quarter of 2025 stood at CNY 8.38 billion, down from CNY 9.18 billion at the end of the same period in 2024, a decrease of approximately 8.7%[24] Assets and Liabilities - Total assets at the end of the reporting period were ¥15,271,350,531.32, down by 6.49% from the end of the previous year[5] - Total assets as of September 30, 2025, amounted to ¥15,271,350,531.32, a decrease from ¥16,330,925,999.86 at the end of 2024, representing a reduction of 6.5%[15] - Total liabilities decreased to ¥9,704,719,065.20 as of September 30, 2025, compared to ¥10,778,146,380.81 at the end of 2024, a decline of 9.9%[15] - The company’s total current assets as of September 30, 2025, were ¥11,661,970,257.31, down from ¥13,124,855,923.95 at the end of 2024, a decrease of 11.1%[14] - The company’s total non-current assets increased to ¥3,609,380,274.01 as of September 30, 2025, compared to ¥3,206,070,075.91 at the end of 2024, reflecting an increase of 12.5%[14] Research and Development - The company reported a significant increase in research and development expenses, which rose to ¥95,897,921.12 in the first three quarters of 2025, compared to ¥78,234,009.60 in 2024, marking a growth of 22.7%[19] Government Support and Shareholder Information - The company received government subsidies amounting to ¥41,222,030.02 during the reporting period[7] - The total number of ordinary shareholders at the end of the reporting period was 48,239[10] Investment Activities - The net cash outflow from investing activities for the first three quarters of 2025 was CNY 801.02 million, compared to CNY 84.74 million in 2024, indicating a significant increase in investment expenditures[24] - The company’s long-term equity investments increased slightly to ¥703,665,109.26 as of September 30, 2025, from ¥693,107,665.62 at the end of 2024, an increase of 1.8%[14] Sales Performance - The company reported an increase in cash received from sales of goods and services, amounting to CNY 19.89 billion in 2025, compared to CNY 17.07 billion in 2024, representing a growth of about 16.5%[23] Mergers and Acquisitions - The company did not report any net profit from subsidiaries prior to consolidation for the current and previous periods, indicating no impact from mergers or acquisitions during this timeframe[20]

Core Viewpoint - Shanghai Foreign Service Holding Group Co., Ltd. plans to repurchase and cancel a total of 39,110 shares of A-share restricted stock due to performance-related conditions and the termination of a labor contract with one of the incentive recipients [2][4][9]. Group 1: Reasons for Repurchase and Cancellation - The repurchase and cancellation are based on the company's stock incentive plan, where one incentive recipient scored between 70 and 80 points in personal performance for 2023, leading to a performance coefficient of 80% for the second release period [2][4]. - The company will repurchase 5,610 shares from this recipient and an additional 33,500 shares from another recipient who mutually agreed to terminate their labor contract, totaling 39,110 shares [2][4][8]. Group 2: Details of the Repurchase - The repurchase price for the restricted shares is set at 2.84 yuan per share [4][8]. - The company has opened a dedicated securities account for the repurchase and is in the process of completing the necessary cancellation procedures, expected to be finalized by October 23, 2025 [10]. Group 3: Impact on Share Structure - Following the repurchase and cancellation, the remaining number of restricted stock options will be 13,376,724 shares [9]. - The decision-making process and information disclosure related to this repurchase comply with relevant laws and regulations, ensuring no harm to the rights of the incentive recipients or creditors [11]. Group 4: Legal Opinions - The legal opinion from Beijing Global Law Firm confirms that the repurchase and cancellation have received necessary approvals and comply with relevant regulations [12].

Core Points - The company announced a stock incentive plan where one recipient's performance score for 2023 is between 70 and 80, leading to a performance coefficient of 80% for the second vesting period [2] - The company plans to repurchase and cancel a total of 39,110 shares of A-shares that were granted but not yet vested due to the performance results and a mutual agreement with another recipient who terminated their labor contract [2] - The expected completion date for the cancellation of these shares is October 23, 2025 [2]

证券代码：600662 证券简称：外服控股 公告编号：临 2025-035 上海外服控股集团股份有限公司 关于部分A股限制性股票回购注销实施公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈 述或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 回购注销原因：上海外服控股集团股份有限公司（以下简称公司）限制 性股票激励计划中首次授予的 1 名激励对象 2023 年度个人绩效得分位于 70 分 （含）至 80 分之间，其第二个解除限售期个人绩效系数为 80%。根据《公司 A 股限制性股票激励计划（草案）》（以下简称《激励计划（草案）》）的相关规定， 公司拟回购注销上述激励对象已授予但尚未解除限售的5,610股A股限制性股票； 另有 1 名首次授予的激励对象与公司协商一致解除了与公司订立的劳动合同，公 司拟回购注销上述激励对象已授予但尚未解除限售的33,500股A股限制性股票。 综上，本次拟回购注销的 A 股限制性股票合计 39,110 股。 本次注销股份的有关情况 | 回购股份数量 | 注销股份数量 | | 注销日期 | | | --- | --- | --- | ...

北京市环球律师事务所上海分所 关于 上海外服控股集团股份有限公司 A 股限制性股票激励计划 回购注销部分 A 股限制性股票实施事宜的 法律意见书 释义 在本法律意见书，除非另有说明，以下简称或用语具有如下含义： | 本所、本所律师 | 指 | 北京市环球律师事务所上海分所及其经办律师 | | --- | --- | --- | | | | 北京市环球律师事务所上海分所关于上海外服控股 | | 本法律意见书 | 指 | 集团股份有限公司 A 股限制性股票激励计划回购注 | | | 销部分 | A 股限制性股票实施事宜的法律意见书 | | 公司、上市公司、外 | 指 | 上海外服控股集团股份有限公司 | | 服控股 | | | | | | 上海外服控股集团股份有限公司 A 股限制性股票激 | | 本激励计划 | 指 励计划 | | | 《激励计划（草案）》 | 指 | 《上海外服控股集团股份有限公司 股限制性股票 A | | | | 激励计划（草案）》 | | | | 公司按照本激励计划规定的条件和价格授予激励对 | | 限制性股票 | 指 | 象一定数量的股票，该等股票设置一定期限的限售 | | | | 期，只 ...

证券之星消息，10月20日专业服务板块较上一交易日上涨0.11%，力合科创领涨。当日上证指数报收于 3863.89，上涨0.63%。深证成指报收于12813.21，上涨0.98%。专业服务板块个股涨跌见下表： 从资金流向上来看，当日专业服务板块主力资金净流出1.57亿元，游资资金净流入2470.06万元，散户资 金净流入1.32亿元。专业服务板块个股资金流向见下表： | 代码 | 名称 | 主力净流入(元) | | 主力净占比 游资净流入 (元) | | 游资净占比 散户净流入 (元) | | 散户净占比 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 600662 | 外服控股 | | > 855.99万 | 17.11% | 201.78万 | 4.03% | -1057.77万 | -21.14% | | 002967 | 广电计量 | | 814.84万 | 3.61% | -590.66万 | -2.61% | -224.19万 | -0.99% | | 300938 信测标准 | | | 334.42万 | 1.57% | 7 ...

Core Viewpoint - The company is optimistic about the new labor policy's impact on the human resources service industry, emphasizing its long-standing experience in social security services and its commitment to supporting government initiatives for universal social security [2]. Group 1: Business Performance - The company's stock price remained stable at 5.36 yuan, with a market capitalization of 12.24 billion yuan, ranking 2nd in the professional services sector [1]. - The human resources management business has maintained a stable client base, with 60% of new clients coming from domestic enterprises, indicating a significant increase in demand from private companies [3][5]. - The company has seen a slight decline in the gross margin of its human resources management business due to economic fluctuations and increased service demands, but it remains at a relatively high level [3]. Group 2: Technological Integration - The company has integrated AI technology into its recruitment processes, achieving full automation and improving efficiency in flexible employment matching [5][6]. - AI technology is utilized for resume screening and candidate tracking in basic recruitment, and for job matching analysis in mid-to-high-end recruitment [2]. Group 3: Strategic Development - The company is focused on enhancing its core competitiveness and internal value through product upgrades and market expansion, including mergers and acquisitions to strengthen its service capabilities [4]. - Recent acquisitions of shares in Yuanmao Co. and Jiangmen Technology have expanded the company's service coverage in the business outsourcing vertical [4][5]. - The company aims to explore new professional sectors for outsourcing, such as the gaming and liquor industries, to maintain high growth rates in its outsourcing business [6]. Group 4: International Expansion - The company has actively pursued overseas markets, particularly in Southeast Asia, signing 19 new clients and establishing a partner network in the Asia-Pacific region [6]. - The establishment of the Shanghai Production-Training Integration Skills Development Center aims to enhance skill training across various industries, including AI and biomedicine [7]. Group 5: Corporate Governance - The company emphasizes fair and reasonable daily related transactions, ensuring no harm to shareholders, especially minority shareholders [7]. - The implementation of equity incentives aims to retain core talent and align individual benefits with the company's long-term value growth [8].

Market Overview - On October 17, the professional services sector declined by 1.96%, with Shijian Testing leading the drop [1] - The Shanghai Composite Index closed at 3839.76, down 1.95%, while the Shenzhen Component Index closed at 12688.94, down 3.04% [1] Stock Performance - Notable gainers included: - Lianjian Technology (301115) with a closing price of 16.42, up 1.36% [1] - Xince Standard (300938) at 25.87, up 1.25% [1] - Huace Testing (300012) at 14.33, up 0.49% [1] - Significant decliners included: - Shijian Testing (301228) at 26.32, down 4.98% [2] - Shishi Testing (300416) at 16.24, down 4.86% [2] - Anche Testing (300572) at 28.88, down 4.78% [2] Capital Flow - The professional services sector experienced a net outflow of 299 million yuan from institutional investors, while retail investors saw a net inflow of 329 million yuan [2] - The overall capital flow indicates a mixed sentiment, with institutional investors pulling back while retail investors increased their positions [2] Detailed Capital Flow Analysis - Major stocks with net inflows from institutional investors included: - Anbang Guard (603373) with a net inflow of 17.11 million yuan [3] - Lianjian Technology (301115) with a net inflow of 7.19 million yuan [3] - Guangdong Construction Science (301632) with a net inflow of 5.67 million yuan [3] - Conversely, stocks like Beijing Renli (600861) and Zhongjin Irradiation (300962) saw net outflows from institutional investors [3]

Group 1 - The core point of the news is that 外服控股 (Stock Code: 600662) has seen a net financing purchase of 271.65 million yuan on October 13, 2025, with a total financing balance of 2.0 billion yuan, indicating a positive trend in investor sentiment towards the stock [1] Group 2 - On October 13, 2025, the net financing purchase was 271.65 million yuan, with a financing balance of 2.00 billion yuan, representing 1.66% of the circulating market value [2] - Over the past three trading days, the cumulative net purchase has reached 567.79 million yuan [1] - The financing balance increased by 1.36% on October 13, 2025, compared to the previous day [4] Group 3 - On the same day, the stock experienced a short selling of 500 shares, with a net short sale of 400 shares, resulting in a remaining short position of 25.13 million shares [3] - The total margin trading and short selling balance reached 2.02 billion yuan, reflecting a 1.36% increase from the previous day [4]

Investment Rating - The industry is rated as "Overweight" [30] Core Views - The report highlights that during the National Day and Mid-Autumn Festival, domestic travel reached a record high with 888 million trips and total spending of 809 billion yuan, indicating strong consumer demand [20][30] - The report notes a significant increase in hotel occupancy rates and a booming entertainment market, with attendance at sports events, music festivals, and concerts showing substantial growth [30] - The trend towards experiential travel is emphasized, suggesting that domestic travel destinations may need to adapt to meet changing consumer preferences [30] - The report anticipates more policy support for service consumption, particularly in tourism, as part of the government's focus on enhancing service sectors [30] Summary by Sections Market Review - The CITIC Consumer Services Index fell by 3.34% from September 26 to October 9, underperforming the CSI 300 Index by approximately 5.87 percentage points [8] - All sub-sectors within consumer services experienced declines, with the largest drops in tourism and hotel sectors [9] - A total of 4 companies in the industry reported positive returns, while 48 companies reported negative returns, with notable declines in companies like Caesar Travel and Kevin Education [12] Industry News - The report mentions that during the 8-day holiday, domestic travel spending reached a new high, with significant increases in long-distance and self-driving trips [20] - Jinjiang Hotels reported a 4% increase in average occupancy rates, with over 13 million guests served during the holiday period [21] - The entertainment market saw a surge, with over 3,100 performance projects and nearly 15,000 shows held, reflecting a 39.5% increase in audience attendance [24] Company Announcements - The report includes updates on various companies, such as Nanjing Tourism Group's restructuring and Kevin Education's investment in a joint venture focused on AI in education [25][29] Weekly Outlook - The report suggests focusing on companies like Jinjiang Hotels, Changbai Mountain, and Emei Mountain A, which are expected to benefit from the recovery in leisure travel [30][32]