Core Viewpoint - Jack Technology announced the completion of a share buyback program, having repurchased a total of 4,872,678 shares, which represents 1.0228% of the company's total share capital as of September 30, 2025 [2] Summary by Category - **Share Buyback Details** - The company has repurchased 4,872,678 shares through centralized bidding [2] - This repurchase accounts for 1.0228% of the current total share capital [2] - **Timeline** - The share buyback program is set to conclude on September 30, 2025 [2]

Company Summary - Jack Technology (SH 603337) announced on October 10 that as of September 30, 2025, it has repurchased approximately 4.87 million shares through centralized bidding, accounting for 1.0228% of the total share capital, with a total expenditure of approximately 131 million yuan [1] - The highest purchase price was 31.94 yuan per share, while the lowest was 24.6 yuan per share [1] - For the first half of 2025, the company's revenue composition was 99.79% from industrial operations and 0.21% from other businesses [1] - As of the report date, Jack Technology's market capitalization is 21.6 billion yuan [1]

Core Viewpoint - Jack Technology (603337.SH) has announced a share buyback program, indicating a commitment to returning value to shareholders through capital management strategies [1] Summary by Categories Share Buyback Details - As of September 30, 2025, the company has repurchased a total of 4.8727 million shares, which represents 1.0228% of the current total share capital [1] - The highest purchase price for the shares was 31.94 CNY per share, while the lowest was 24.60 CNY per share [1] - The total amount spent on the buyback, excluding transaction fees, is 131 million CNY [1]

证券代码：603337 证券简称：杰克科技 公告编号：2025-060 杰克科技股份有限公司 关于股份回购进展公告 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： | 回购方案首次披露日 | 2025/4/8，由董事会提议 | | | | | | --- | --- | --- | --- | --- | --- | | 回购方案实施期限 | 2025 年 4 7 4 月 | 月 | 日~2026 | 年 | 6 日 | | 预计回购金额 | 7,500万元~15,000万元 | | | | | | 回购用途 | □减少注册资本 √用于员工持股计划或股权激励 □用于转换公司可转债 | | | | | | | □为维护公司价值及股东权益 | | | | | | 累计已回购股数 | 4,872,678股 | | | | | | 累计已回购股数占总股本比例 | 1.0228% | | | | | | 累计已回购金额 | 131,061,568.56元 | | | | | | 实际回购价格区间 | 24.60元/股~3 ...

Core Viewpoint - Jack Technology's stock has experienced fluctuations, with a year-to-date increase of 53.01% but a recent decline in the last five trading days by 4.60% [1] Company Overview - Jack Technology, established on August 27, 2003, and listed on January 19, 2017, is located in Taizhou, Zhejiang Province. The company specializes in the research, production, and sales of industrial sewing machinery, including industrial sewing machines, cutting tables, and fabric laying machines [1] - The main revenue composition includes: intelligent industrial sewing machines (86.87%), intelligent cutting tables and fabric laying machines (10.21%), automatic sewing equipment for shirts and jeans (2.71%), and other (0.21%) [1] Financial Performance - For the first half of 2025, Jack Technology achieved operating revenue of 3.373 billion yuan, a year-on-year increase of 4.27%, and a net profit attributable to shareholders of 477 million yuan, up 14.57% year-on-year [2] - Since its A-share listing, the company has distributed a total of 1.402 billion yuan in dividends, with 752 million yuan distributed in the last three years [3] Shareholder Information - As of June 30, 2025, the number of shareholders increased by 13.42% to 10,000, with an average of 46,995 circulating shares per person, a decrease of 12.19% [2] - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited holds 15.5558 million shares, an increase of 1.6101 million shares from the previous period. Meanwhile, Guangfa Steady Growth Mixed A has reduced its holdings by 1.95 million shares [3]

Group 1: Key Recommendations - The report emphasizes a shift towards quality over quantity, which is driving a recovery in industrial enterprise profits, with a notable increase in profit growth in August 2025 [5][7][10] - The report highlights that the cumulative profit of industrial enterprises from January to August 2025 has increased by 0.9% year-on-year, reversing a previous decline of 1.7% [9][10] - The report suggests that the improvement in revenue profit margins is a significant contributor to the profit growth, with August 2025 showing a profit margin increase to 17.53%, marking a substantial recovery [11][12] Group 2: Company Analysis - Jack Technology (杰克科技) - Jack Technology has launched a new AI-powered sewing equipment brand, Aitu, which aims to enhance sewing efficiency through deep learning and data integration [15][16] - The company is transitioning from traditional single-machine operations to a more integrated digital and automated production model, with plans to introduce humanoid robots by 2026 [16][17] - Jack Technology's overseas revenue reached 1.785 billion yuan in the first half of 2025, accounting for 52.93% of total revenue, indicating a strong global market presence [17] Group 3: Industry Insights - The report notes that the industrial sector is experiencing a recovery, with significant profit growth in the midstream raw material manufacturing sector, which saw a profit increase of 68.1% in August 2025 [12][14] - The report indicates that the overall electricity consumption in society increased by 5.0% year-on-year, contributing to a 51.2% profit growth in the public utility sector [12][13] - The report outlines that the chemical and non-ferrous metal industries are expected to see average annual growth rates of over 5% from 2025 to 2026, supported by government initiatives [20][21]

Core Insights - The report highlights the launch of the AI-powered sewing equipment brand Aitu by Jack Technology, aiming at the high-end market with its Ai10 sewing machine [1] - The Ai10 sewing machine integrates deep artificial intelligence models to enhance sewing efficiency through features like motion capture, fabric adaptation, and AI guidance [1] - Jack Technology, a leading player in the sewing equipment industry, is leveraging AI technology innovation and global expansion to enter a new development phase [1] Industry Overview - The introduction of the Aitu brand represents a cutting-edge direction in industry technology development, potentially strengthening market position [1] - The extensive data resources accumulated by Jack Technology over the years serve as a crucial foundation for training AI models, enabling significant advancements in sewing technology [1] - The report indicates a positive outlook for the company, with an initial "buy" rating assigned to the new brand and its products [1]

Core Viewpoint - Jack Technology Co., Ltd. is set to hold a half-year performance briefing on October 15, 2025, to discuss its operational results and financial status for the first half of 2025, allowing investors to engage in Q&A sessions [2][3]. Group 1: Meeting Details - The investor briefing will take place on October 15, 2025, from 13:00 to 14:00 [6][7]. - The meeting will be conducted in an interactive online format via the Shanghai Stock Exchange Roadshow Center [3][6]. - Key personnel attending the meeting include the Chairman, President, Vice Chairman, Independent Director, and Chief Financial Officer of the company [4]. Group 2: Participation Information - Investors can participate in the briefing by logging into the Shanghai Stock Exchange Roadshow Center on the scheduled date [5][6]. - A pre-question submission period is available from September 30, 2025, to October 14, 2025, allowing investors to submit questions via the Roadshow Center or the company's email [2][5]. - After the meeting, investors can access the main content and details of the briefing through the Roadshow Center [8].

Investment Rating - The report gives a "Buy" rating for the company, marking its first coverage in this regard [3]. Core Viewpoints - The company is positioned as a leader in the sewing equipment industry, leveraging AI technology and global expansion to enter a new development phase. The launch of the AI sewing machine brand Aitu represents a cutting-edge direction in industry technology, which is expected to strengthen its market position [3][25]. - The trend of "small batch quick response" in the garment manufacturing industry necessitates digital management and intelligent equipment, driving the transformation of production models and the update of production lines [1][15]. - The company has established a global marketing network, achieving overseas revenue of 1.785 billion yuan in the first half of 2025, accounting for 52.93% of total revenue, surpassing domestic revenue [3][23]. Summary by Sections 1. Business Situation - The company has evolved into a leading enterprise in the sewing equipment industry, transitioning from a traditional equipment manufacturer to a provider of intelligent manufacturing solutions. It plans to release humanoid robots in late 2026, integrating robotics and automation technology into customer scenarios [7][22]. 2. Industry Overview - The digital transformation in the textile industry is expected to drive equipment upgrades, with fixed asset investment in the textile and apparel sector increasing by 20.1% year-on-year from January to August 2025 [16]. The sewing machinery industry has seen a 32.5% year-on-year increase in export delivery value in the first half of 2025 [16]. 3. Company Outlook - The company is committed to product innovation, with plans to enhance the intelligent level of industrial sewing machines. It has established a robust R&D framework, with a goal to increase R&D expenditure to 10% of sales in the next 3-5 years [21][22]. The introduction of AI sewing machines is anticipated to create new growth points [25]. 4. Profit Forecast and Valuation - The company is projected to achieve revenues of 6.606 billion yuan, 7.529 billion yuan, and 8.288 billion yuan for the years 2025, 2026, and 2027, respectively. Corresponding net profits are expected to be 956 million yuan, 1.110 billion yuan, and 1.303 billion yuan [2][25]. The report indicates a favorable valuation with a projected PE ratio of 23.96 for 2025 [3][28].

杰克科技股份有限公司 关于召开 2025 年半年度业绩说明会的公告 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。 证券代码：603337 证券简称：杰克科技 公告编号：2025-059 重要内容提示： 会 议 召 开 地 点 ： 上 海 证 券 交 易 所 上 证 路 演 中 心 （ 网 址 ： https://roadshow.sseinfo.com/） 会议召开方式：上证路演中心网络互动 投资者可于 2025 年 9 月 30 日（星期二）至 10 月 14 日（星期二）16:00 前登录上证路演中心网站首页点击"提问预征集"栏目或通过公司邮箱 IR@chinajack.com 进行提问。公司将在说明会上对投资者普遍关注的问题进行 回答。 杰克科技股份有限公司（以下简称"公司"）已于 2025 年 8 月 28 日发布公 司 2025 年半年度报告，为便于广大投资者更全面深入地了解公司 2025 年半年度 经营成果、财务状况，公司计划于 2025 年 10 月 15 日 （星期三） 13:00-14:00 举行 2025 ...