Core Viewpoint - Jack Technology Co., Ltd. is committed to transparency and accuracy in its financial reporting and governance, as evidenced by its announcements regarding the third quarter performance and upcoming investor meetings [8][9][16]. Financial Data - The third quarter financial report for 2025 has been released, with the company confirming that the financial data is accurate and complete [2][3]. - The report is not audited, indicating that the figures presented are preliminary [3][7]. Shareholder Information - As of the report date, Jack Technology holds 22,448,134 shares in its repurchase account, representing 4.71% of the total share capital [6]. - The company has not reported any changes in the top ten shareholders or significant shareholders due to securities lending activities [5][6]. Investor Communication - An investor performance briefing is scheduled for November 4, 2025, to discuss the third quarter results and address investor inquiries [9][10]. - The meeting will be held online, allowing for interactive communication between the company and investors [10][12]. Board Meeting Resolutions - The board of directors held a meeting on October 26, 2025, where they approved the third quarter report and discussed changes to the company's governance structure, including the cancellation of the supervisory board [17][21]. - The board also approved new management policies and adjustments to the expected daily related transactions for 2025 [24][37]. Related Transactions - The company has adjusted its expected daily related transaction limit to 52.15 million yuan, which is below 0.5% of the latest audited net assets, thus not requiring shareholder approval [62].

Group 1 - The company engages in normal operational transactions with related parties, believing that these parties have good creditworthiness and the ability to perform their obligations [1] - The pricing policy for transactions with related parties is based on principles of openness, fairness, and justice, with reference to market prices or reasonable costs plus reasonable profits when no comparable prices exist [3][1] - The company’s related transactions are stable and based on market prices, ensuring no harm to the interests of the company and its shareholders, and will not adversely affect future financial conditions or operational results [3][1] Group 2 - Payments for sales and purchases with related parties are generally settled on a monthly basis [2] - The company’s board of directors and supervisory board have made resolutions regarding related transactions and their pricing policies [4][6] Group 3 - The company has decided to cancel its supervisory board and transfer its powers to the audit committee of the board of directors, in line with updated legal requirements [31][11] - The company has revised its articles of association and adjusted its operational scope to align with its business needs and regulatory requirements [32][31] Group 4 - The company plans to provide repurchase guarantees for customers requiring financing support, ensuring that these customers are reputable and not related parties [18][17] - The total guarantee amount for financing leasing business will not exceed 50 million RMB, valid for 12 months from the approval date by the shareholders' meeting [20][19] - The board believes that providing guarantees for reputable customers is necessary for business development and aligns with the company's strategic goals [21][23] Group 5 - A board member and vice president has resigned to facilitate the optimization of the company's governance structure, with no disagreements reported [29][30] - The resignation will not affect the board's operation or the company's normal business activities [29][30]

Investment Rating - The report maintains a "Buy" rating for the company, considering its overseas expansion prospects and active layout in the robotics sector [5]. Core Insights - The company reported a revenue of 4.967 billion yuan for the first three quarters of 2025, representing a year-on-year growth of 5.53%, and a net profit attributable to shareholders of 682 million yuan, up 10.06% year-on-year [2]. - The export of industrial sewing machines continues to grow, with a reported export value of 1.158 billion USD from January to August 2025, marking a year-on-year increase of 15.85% [3]. - The company has launched a high-end AI sewing machine, which integrates deep learning models and operational experience, significantly enhancing sewing efficiency and positioning the company favorably in overseas markets [3][4]. Summary by Sections Performance Review - For Q3 2025, the company achieved a revenue of 1.594 billion yuan, a year-on-year increase of 8.31%, but a quarter-on-quarter decline of 12.07% in net profit [2]. Operational Analysis - The company’s overseas sales revenue for the first half of 2025 reached 1.785 billion yuan, reflecting a year-on-year growth of 22.82%, driven by higher gross margins from exports compared to domestic sales [3]. - The AI sewing machine's launch is expected to enhance the company's competitive edge and facilitate further penetration into large overseas clients [3]. Robotics Business Outlook - The company is advancing its robotics initiatives, integrating AI and humanoid robotics with garment manufacturing processes, which is anticipated to address industry pain points and enhance product value [4]. Profit Forecast and Valuation - The projected net profits for 2025 to 2027 are 964 million, 1.139 billion, and 1.343 billion yuan, respectively, with corresponding P/E ratios of 22X, 19X, and 16X [5].

Core Viewpoint - Jack Technology (603337.SH) reported a revenue of 4.967 billion yuan for the first three quarters of 2025, reflecting a year-on-year growth of 5.53% [1] - The company's net profit attributable to shareholders reached 682 million yuan, marking a year-on-year increase of 10.06% [1] - The non-recurring net profit was 626 million yuan, with a year-on-year growth of 10.17% [1] - Basic earnings per share stood at 1.51 yuan [1] Financial Performance - Revenue for the first three quarters: 4.967 billion yuan, up 5.53% year-on-year [1] - Net profit attributable to shareholders: 682 million yuan, up 10.06% year-on-year [1] - Non-recurring net profit: 626 million yuan, up 10.17% year-on-year [1] - Basic earnings per share: 1.51 yuan [1]

Core Points - The company announced the resignation of its director and vice president, Qiu Yangyou, to comply with the latest legal and regulatory requirements [1] - The resignation is part of the company's efforts to optimize its governance structure [1] Summary by Categories Governance Changes - Qiu Yangyou voluntarily resigned from his positions as director, vice president, and member of the finance committee [1] - The resignation is aimed at facilitating the orderly advancement of the company's governance structure optimization [1]

Core Viewpoint - Jack Technology (603337) announced on the evening of October 27 that it has no overdue guarantees [1] Group 1 - The company confirmed the absence of overdue guarantees, indicating a stable financial position [1]

Core Insights - Jack Technology (603337.SH) reported a total operating revenue of 4.967 billion yuan for the first three quarters of 2025, representing a year-on-year growth of 5.53% [1] - The net profit attributable to shareholders of the parent company reached 682 million yuan, showing a year-on-year increase of 10.06% [1] - The basic earnings per share stood at 1.51 yuan [1]

每经头条（nbdtoutiao）——独家丨民营船王入主杉杉集团横生枝节 重整联合体浮现神秘组局人 （记者 张明双） 2025年1至6月份，杰克科技的营业收入构成为：工业占比99.79%，其他业务占比0.21%。 截至发稿，杰克科技市值为211亿元。 每经AI快讯，杰克科技（SH 603337，收盘价：44.31元）10月27日晚间发布公告称，为全面贯彻落实最 新法律法规要求，根据公司治理结构调整安排，邱杨友先生自愿辞去公司董事、副总裁、财经委员会委 员职务，以助力公司治理结构优化工作的有序推进。 ...

杰克科技股份有限公司 董事会秘书工作细则 第一章 总 则 第一条 为完善杰克科技股份有限公司（以下简称"公司"）治理结构，规 范董事会秘书行为，促进董事会的高效运作和科学决策，维护公司、股东、债权 人及全体职工的合法权益，根据《中华人民共和国公司法》（以下简称《公司法》）、 《上海证券交易所股票上市规则》（以下简称《上市规则》）、《上海证券交易所上 市公司自律监管指引第 1 号——规范运作》及《杰克科技股份有限公司章程》（以 下简称《公司章程》）等相关规定，特制定本细则。 第二条 公司设董事会秘书一名。董事会秘书为公司的高级管理人员，对董 事会负责。 董事会秘书是公司与上海证券交易所之间的指定联络人。 杰克科技股份有限公司 董事会秘书工作细则 第五条 具有下列情形之一的人士不得担任董事会秘书： （一）根据《公司法》等法律法规及其他有关规定，不得担任董事、高级管 理人员的情形； （二）最近三年曾受中国证监会行政处罚； （三）曾被证券交易场所公开认定为不适合担任上市公司董事会秘书； （四）最近三年曾受证券交易所公开谴责或者三次以上通报批评； （五）交易所认定不适合担任董事会秘书的其他情形。 第三章 董事会秘书的职 ...

杰克科技股份有限公司 董事会审计委员会工作细则 杰克科技股份有限公司 董事会审计委员会工作细则 第一章 总 则 第一条 为明确杰克科技股份有限公司（以下称"公司"）董事会审计委员 会的职责权限，规范审计委员会内部运作程序，强化董事会决策能力，做到事前 防范、专业审计，确保董事会对经理层的有效监督，完善公司治理结构，根据《中 华人民共和国公司法》（以下简称《公司法》）、《上市公司治理准则》《杰克 科技股份有限公司章程》（以下简称《公司章程》）及其他有关规定，特制定本 细则。 第二条 董事会审计委员会（下称"审计委员会"或"委员会"）是董事会 设立的专门工作机构，主要负责公司内、外部审计的沟通、监督和核查工作，对 董事会负责，向董事会报告工作。 第二章 人员组成 第六条 审计委员会任期与董事会一致，委员任期届满，连选可以连任。期 间如有委员不再担任公司董事职务，自动失去委员资格，并由董事会根据上述第 三条至第五条规定补足委员人数。 第七条 审计委员会下设审计部为日常办事机构，负责日常工作联络和会议 组织等工作。 1 杰克科技股份有限公司 董事会审计委员会工作细则 第三章 职责权限 第八条 审计委员会的主要职责包括 ...