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： 公司欢迎有意向参加本次说明会的投资者在 2025 年 11 月 5 日（星期三） 下午 16:00 前通过本公告后附的电话、传真或者电子邮件联系公司，提出所 关注的问题，公司将在说明会上就投资者普遍关注的问题进行统一回答。 一、说明会类型 杭州纵横通信股份有限公司（以下简称"公司"）已于 2025 年 10 月 29 日 在上海证券交易所网站（www.sse.com.cn）及《上海证券报》《中国证券报》《证 券时报》披露了公司《2025 年第三季度报告》。为方便广大投资者进一步了解 公司经营发展情况，公司决定通过网络文字互动的方式举行 2025 年第三季度业 绩说明会，就公司经营业绩、发展战略、财务状况等事项进行沟通交流。 二、说明会召开的时间、地点 会议召开时间：2025 年 11 月 6 日（星期四），16:00-17:00 证券代码：603602 证券简称：纵横通信 公告编号：2025-045 杭州纵横通信股份有限公司 关于召开 2025 年第三季度业绩说明 ...

Core Insights - The company reported a total revenue of 1.315 billion yuan for Q3 2025, ranking 13th among disclosed peers, with a year-on-year decrease of 25.0762 million yuan, representing a decline of 1.87% [1] - The net profit attributable to shareholders was 30.5917 million yuan, while the net cash flow from operating activities was -226 million yuan, ranking 24th among peers, with a decrease of 0.3781 million yuan compared to the same period last year [1] Financial Metrics - The latest debt-to-asset ratio is 57.25%, ranking 18th among disclosed peers, with an increase of 1.87 percentage points from the previous quarter [3] - The gross profit margin is 15.60%, ranking 13th among peers, with a decrease of 1.44 percentage points from the previous quarter [4] - The return on equity (ROE) is 2.88%, showing a slight decrease of 0.01 percentage points compared to the same period last year [4] Earnings and Turnover - The diluted earnings per share (EPS) is 0.13 yuan [5] - The total asset turnover ratio is 0.54 times, which is a decrease of 0.15 times year-on-year, representing a decline of 22.12% [5] - The inventory turnover ratio is 4.33 times, ranking 13th among peers, with a decrease of 0.75 times compared to the same period last year, reflecting a decline of 14.69% [5] Shareholder Information - The number of shareholders is 25,700, with the top ten shareholders holding a total of 86.6725 million shares, accounting for 37.79% of the total share capital [5] - The largest shareholder is Su Weifeng, holding 27.10% of the shares [5]

Group 1 - The company, Zongheng Communication, announced the convening of its 10th meeting of the 7th Board of Directors on October 28, 2025, to review the proposal for the Q3 2025 report [1] - For the year 2024, the company's revenue composition is as follows: 99.21% from communication technology services and 0.79% from other businesses [1] Group 2 - The A-share market has surpassed 4000 points, marking a significant resurgence after a decade of stagnation, with technology leading the market transformation and a new "slow bull" market pattern emerging [1]

Core Insights - The company reported a total operating revenue of 1.315 billion yuan for the first three quarters of 2025, representing a year-on-year decrease of 1.87% [1] - The net profit attributable to shareholders of the parent company was 30.5917 million yuan, showing a year-on-year increase of 44.37% [1] - The basic earnings per share were 0.13 yuan [1]

证券代码：603602 证券简称：纵横通信 公告编号：2025-042 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。 杭州纵横通信股份有限公司 第七届董事会第十次会议决议公告 重要内容提示： 一、董事会会议召开情况 （二）审议通过《关于调整 2022 年股票期权激励计划行权价格的议案》 具体内容详见同日刊登在上海证券交易所网站（www.sse.com.cn）以及公司 指定信息披露媒体上的《杭州纵横通信股份有限公司关于调整 2022 年股票期权 激励计划行权价格的公告》（公告编号：2025-043）。 本议案已经公司董事会提名、薪酬与考核委员会审议通过。 杭州纵横通信股份有限公司（以下简称"公司"）第七届董事会第十次会议 于 2025 年 10 月 28 日上午在公司 19 楼会议室以现场结合通讯方式召开。会议通 知于 2025 年 10 月 23 日以邮件及通讯方式发出。会议由董事长苏维锋先生主持， 本次会议应出席董事 9 名，实际出席董事 9 名，其中 2 名董事采取通讯方式参会 并表决。公司全体高级管理人员列席本次会议。 ...

杭州纵横通信股份有限公司 关于调整 2023 年股票期权激励计划行权价格的公告 证券代码：603602 证券简称：纵横通信 公告编号：2025-044 调整前行权价格：15.30 元 调整后行权价格：15.28 元 公司监事会未收到任何员工对本次拟激励对象提出的异议。2023年11月15日，公 司监事会在上海证券交易所网站（www.sse.com.cn）刊登了《杭州纵横通信股份 有限公司监事会关于公司2023年股票期权激励计划首次授予激励对象名单的核 查意见及公示情况说明》（公告编号：2023-060）。 3、2023年11月21日，公司召开2023年第三次临时股东大会，审议通过了《关 于<杭州纵横通信股份有限公司2023年股票期权激励计划（草案）>及其摘要的 议案》等本次激励计划的相关议案。具体内容详见公司于2023年11月22日刊登在 上海证券交易所网站（www.sse.com.cn）的《杭州纵横通信股份有限公司2023年 第三次临时股东大会决议公告》（公告编号：2023-062）。同时，公司就内幕信 息知情人在本次激励计划草案公开披露前6个月内买卖公司股票的情况进行了自 查，未发现利用内幕信息进行股票交 ...

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：603602 证券简称：纵横通信 公告编号：2025-043 杭州纵横通信股份有限公司 关于调整 2022 年股票期权激励计划行权价格的公告 重要内容提示： 杭州纵横通信股份有限公司（以下简称"公司"）于 2025 年 10 月 28 日召 开第七届董事会第十次会议审议通过了《关于调整 2022 年股票期权激励计划行 权价格的议案》，同意对公司 2022 年股票期权激励计划（以下简称"本次激励 计划"或"《激励计划》"）行权价格进行调整。现将相关事项公告如下： 一、2022年股票期权激励计划已履行的决策程序和信息披露情况 1、2022年4月28日，公司召开第六届董事会第三次会议、第六届监事会第三 次会议，审议通过了《关于<杭州纵横通信股份有限公司2022年股票期权激励计 划（草案）>及其摘要的议案》等本次激励计划的相关议案，公司独立董事发表 了同意的独立意见，公司监事会对本次激励计划相关事项进行核实并出具了相关 核查意见。具体内容详见公司于2022年4月29日刊登在上海 ...

关 于 杭州纵横通信股份有限公司 2022 年股票期权激励计划调整行权价格等 相关事项 之 法律意见书 国浩律师（杭州）事务所 地址：杭州市上城区老复兴路白塔公园 B 区 2 号、15 号国浩律师楼 邮编：310008 Grandall Building, No.2＆No.15, Block B, Baita Park, Old Fuxing Road, Hangzhou, Zhejiang 310008, China 电话/Tel: (+86)(571) 8577 5888 传真/Fax: (+86)(571) 8577 5643 电子邮箱/Mail：grandallhz@grandall.com.cn 网址/Website：http://www.grandall.com.cn 二〇二五年十月 国浩律师（杭州）事务所 法律意见书 国浩律师（杭州）事务所 2 国浩律师（杭州）事务所 法律意见书 第一部分 引 言 本法律意见书是根据本法律意见书出具日之前已发生或存在的事实以及中 国现有法律、行政法规、规范性文件所发表的法律意见，并不对非法律专业事项 提供意见。在出具本法律意见书之前，纵横通信已向本所律师出具了承 ...

杭州纵横通信股份有限公司 调整 2023 年股票期权激励计划行权价格的 北京德恒（杭州）律师事务所 关于 法律意见 电话:0571-86508080 传真:0571-87357755 邮编:310016 浙江省杭州市新业路 200 号华峰国际大厦 10 楼 | | | 北京德恒（杭州）律师事务所 关于杭州纵横通信股份有限公司调整 2023 年股票期权激励 计划行权价格的法律意见 释义 法律意见 德恒【杭】书（2025）第【10017】号 | 序号 | 简称 | | 全称 | | --- | --- | --- | --- | | 1 | 纵横通信或公司 | 指 | 杭州纵横通信股份有限公司 | | 2 | 激励计划、本次激励计划 | 指 | 杭州纵横通信股份有限公司 2023 年股票期权激 | | | | | 励计划 | | 3 | 本次调整 | 指 | 杭州纵横通信股份有限公司调整 2023 年股票期 | | | | | 权激励计划行权价格 | | 4 | 股票期权 | 指 | 公司授予激励对象在未来一定期限内以预先确定 | | | | | 的条件购买公司一定数量股票的权利 | | 5 | 激励对象 | 指 ...

Financial Performance - The company's operating revenue for the third quarter was ¥517,688,711.44, an increase of 19.61% compared to the same period last year[4] - The net profit attributable to shareholders was ¥18,850,962.68, representing a significant increase of 43.49% year-on-year[4] - The total profit for the third quarter was ¥22,263,183.86, an increase of 18.84% year-on-year[4] - Total operating revenue for the first three quarters of 2025 was CNY 1,315,175,454.03, a decrease of 1.0% compared to CNY 1,340,251,667.49 in the same period of 2024[18] - Net profit for the first three quarters of 2025 was CNY 33,157,959.31, down 15.2% from CNY 39,098,616.09 in the first three quarters of 2024[20] - Earnings attributable to shareholders of the parent company for the first three quarters of 2025 were CNY 30,591,724.37, an increase of 44.5% from CNY 21,189,475.35 in the same period of 2024[21] Assets and Liabilities - Total assets at the end of the reporting period reached ¥2,526,678,851.37, reflecting an increase of 8.38% from the end of the previous year[5] - The company's total assets amounted to CNY 2,526,678,851.37, an increase from CNY 2,331,232,251.85 as of December 31, 2024, reflecting a growth of approximately 8.4%[14] - The company's current assets totaled CNY 1,922,101,926.30, up from CNY 1,717,072,810.98, indicating an increase of about 11.9%[15] - The company's total liabilities increased to CNY 1,446,540,876.92 from CNY 1,276,540,242.35, which is an increase of about 13.3%[16] - The total equity of the company was CNY 1,080,137,974.45, up from CNY 1,054,691,009.50, indicating a growth of about 2.4%[16] Cash Flow - The net cash flow from operating activities for the year-to-date was reported at -¥226,032,977.34[4] - Cash flow from operating activities for the first three quarters of 2025 was negative at CNY -226,032,977.34, slightly worse than CNY -225,654,873.54 in the same period of 2024[22] - The net cash flow from investing activities was -$48.5 million, a decrease from -$182.2 million year-over-year[23] - Cash inflow from financing activities totaled $877.4 million, compared to $446.2 million in the previous period[23] - The net cash flow from financing activities was $278.8 million, slightly down from $293.8 million year-over-year[23] - The company reported a net increase in cash and cash equivalents of $4.3 million, contrasting with a decrease of $114.1 million in the prior year[23] - The ending balance of cash and cash equivalents was $197.8 million, compared to $149.5 million in the previous period[23] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 25,684[10] - The company reported a total of 6,926,800 shares held in its repurchase account, accounting for 3.02% of total shares[12] - The company has not disclosed any significant changes in shareholder relationships or actions among the top ten shareholders[12] Research and Development - Research and development expenses for the first three quarters of 2025 were CNY 53,724,006.20, compared to CNY 49,691,214.56 in the same period of 2024, reflecting a 6.1% increase[18] Other Financial Metrics - The weighted average return on equity was 1.79%, a decrease of 0.02 percentage points compared to the previous year[5] - The company reported a gross profit margin of approximately 1.3% for the first three quarters of 2025, down from the previous year[18] - The company’s total costs for the first three quarters of 2025 were CNY 1,298,101,127.46, an increase of 0.9% from CNY 1,286,300,186.41 in the same period of 2024[18] - Basic earnings per share for the first three quarters of 2025 were CNY 0.13, up from CNY 0.11 in the same period of 2024[21] Accounting Standards - The company did not apply new accounting standards starting from 2025[24]