Core Viewpoint - Qisheng Technology's major shareholders and executives have successfully completed their share reduction plans, cashing out over 150 million yuan, despite a significant decline in net profit in Q3 2025. The company's stock price has shown strong performance, with a maximum increase of 75% within the year [1][6]. Group 1: Share Reduction Details - The controlling shareholder, Jiaxing Zhihai Investment Management Co., reduced its holdings by 4.922 million shares, accounting for 1.39% of the total share capital, while the actual controller and chairman, Tang Guohai, reduced his holdings by 3.45 million shares, accounting for 0.98% of the total share capital [1][2]. - The cash-out amounts from the share reductions were approximately 93.58 million yuan for Zhihai Investment and 62.81 million yuan for Tang Guohai, with their remaining shareholding ratios at 22.30% and 16.53%, respectively [2][4]. Group 2: Financial Performance - In Q3 2025, Qisheng Technology reported a revenue of 764 million yuan, a year-on-year increase of 0.10%, but a net profit of 41.33 million yuan, representing a year-on-year decline of 37.41% [5]. - The decline in net profit was attributed to reduced investment income and increased support for overseas customers, although specific details were not provided [5]. Group 3: Stock Performance and Buyback - The stock price of Qisheng Technology reached a new high of 19.51 yuan on October 9, 2025, coinciding with the announcement of the share reduction plan, and subsequently saw a peak of 21.91 yuan on November 14, 2025 [6][8]. - A significant factor contributing to the strong stock performance was the buyback and cancellation of shares, with 5.4976 million shares canceled on June 27, 2025, representing 1.53% of the total share capital prior to the cancellation [8].

Core Viewpoint - Qisheng Technology (SH 603610) announced a share reduction by its controlling shareholder, Zhihai Investment, and actual controller, Tang Guohai, with a total of approximately 837,000 shares reduced, representing 2.37% of the company's total share capital [1] Group 1: Share Reduction Details - Zhihai Investment reduced approximately 4.92 million shares through block trading, accounting for 1.39% of the total share capital [1] - Tang Guohai reduced 3.45 million shares through centralized bidding, representing 0.98% of the total share capital [1] - The share reduction plan has been completed as of November 24, 2024 [1] Group 2: Financial Performance - For the year 2024, Qisheng Technology's revenue composition is as follows: furniture manufacturing accounts for 96.63%, while other businesses make up 3.37% [1] - As of the report date, Qisheng Technology has a market capitalization of 6.7 billion yuan [1]

（记者 曾健辉） 截至发稿，麒盛科技市值为67亿元。 每经头条（nbdtoutiao）——大鹏工业战略配售"肥"了自家人！认购价9元，上市首日涨到118元，实控 人和亲哥哥凭配售一天浮盈2492万元 每经AI快讯，麒盛科技（SH 603610，收盘价：19.03元）11月24日晚间发布公告称，公司第三届第三十 七次董事会会议于2025年11月24日在公司会议室召开。会议审议了《关于修订〈董事会审计委员会议事 规则〉的议案》等文件。 2024年1至12月份，麒盛科技的营业收入构成为：家具制造业占比96.63%，其他业务占比3.37%。 ...

Summary of Key Points Core Viewpoint - Qisheng Technology (603610.SH) announced a reduction in shareholding by its controlling shareholder, Zhihai Investment, and its actual controller, Tang Guohai, through block trading and centralized bidding methods [1] Group 1: Shareholding Reduction - Zhihai Investment reduced its holdings by 4.922 million shares, accounting for 1.39% of the company's total share capital [1] - Tang Guohai reduced his holdings by 3.45 million shares, representing 0.98% of the company's total share capital [1]

Core Viewpoint - The company, Qisheng Technology (603610.SH), announced that its wholly-owned subsidiary, Linsheng Investment (Hainan) Co., Ltd., will invest 99.90% of its own funds, amounting to 99.90 million RMB, in the Jiaxing Dunsheng Beibei Equity Investment Partnership (Limited Partnership) [1] Group 1 - The private equity fund is currently in the fundraising stage, and any changes in the fund shares held by the company will be disclosed in a timely manner [1] - The investment is aimed at enhancing the company's development in the smart healthcare and wellness sectors, leveraging the expertise of professional investment institutions [1] - This investment will help broaden the company's investment channels and improve returns for shareholders [1] Group 2 - The funding for this investment comes from the company's own resources and will not affect the normal operations of the company [1] - The investment is not expected to have a significant impact on the company's financial and operational status [1] - Upon completion of this investment, there will be no new related party transactions, and it will not create competition within the same industry, ensuring no harm to the interests of the company and all shareholders [1]

证券日报网讯 11月24日晚间，麒盛科技发布公告称，经公司董事会提名委员会对第四届董事会董事候 选人资格审查，公司于2025年11月24日召开第三届董事会第三十七次会议，审议通过了《关于董事会换 届选举暨提名第四届董事会独立董事的议案》《关于董事会换届选举暨提名第四届董事会非独立董事的 议案》，同意提名张诚先生、于团叶女士、郑云瑞先生为公司第四届董事会独立董事候选人；同意提名 黄小卫先生、唐颖女士为公司第四届董事会非独立董事候选人。 （文章来源：证券日报） ...

Core Viewpoint - The company plans to dissolve its wholly-owned subsidiary KEESON (BINH DUONG) CO., LTD to optimize resource allocation and management efficiency as it expands its production capacity in Vietnam [1] Group 1: Company Actions - The company has proposed the dissolution of its subsidiary KEESON (BINH DUONG) CO., LTD, which requires approval from the shareholders' meeting [1] - The decision to dissolve the subsidiary is part of a strategy to enhance operational management as the company shifts production to a new facility in Binh Phuoc Province [1] Group 2: Production Capacity Expansion - In 2019, the company established a smart electric bed production base in Binh Duong Province with an annual production capacity of 600,000 units [1] - The company plans to increase the assembly capacity at its new factory in Binh Phuoc Province to 1 million units per year, with operations expected to commence in 2025 [1] - Following the new factory's launch, all production capacity from the Binh Duong facility will be transferred to the new site [1]

Core Viewpoint - Qisheng Technology (603610.SH) is pursuing a long-term development strategy by exploring investment opportunities in new industries through its wholly-owned subsidiary, Linsheng Investment, which plans to invest 99.90% of its own funds, amounting to 99.90 million yuan, in Jiaxing Dunsheng Beibei Equity Investment Partnership [1] Group 1: Investment Strategy - The company aims to enhance its investment returns and asset operation capabilities by leveraging various advantageous resources through a professional investment management team [1] - Linsheng Investment will sign a partnership agreement with Hangzhou Dunjun Asset Management Co., Ltd. to facilitate this investment [1] Group 2: Investment Focus - Jiaxing Dunsheng Beibei primarily focuses on direct or indirect equity and equity-related investments to achieve good capital returns for investors [1] - The fund will concentrate on investments in smart healthcare, intelligent devices, digital health services, and other enterprises or projects with investment value and potential returns [1]

Core Viewpoint - The company is pursuing a long-term development strategy by exploring new investment industries and enhancing its investment management capabilities through a partnership with Hangzhou Dunjun Asset Management Co., Ltd [1] Group 1: Investment Details - The company's wholly-owned subsidiary, Linsong Investment, plans to invest 99.90% of the total fund share, amounting to 99.90 million yuan, in Jiaxing Dunsheng Beibei Equity Investment Partnership (Limited Partnership) [1] - Jiaxing Dunsheng Beibei focuses on direct or indirect equity investments to achieve good capital returns for investors [1] Group 2: Investment Focus - The fund will primarily invest in sectors such as smart healthcare, intelligent devices, and digital health services, along with other enterprises or projects that have investment value and potential returns [1]

Group 1 - The controlling shareholder, Jiaxing Zhihai Investment, holds 83.6293 million shares, accounting for 23.69% of the total shares [1] - The actual controller, Tang Guohai, holds 61.8117 million shares, representing 17.51% of the total shares [1] - A plan to reduce holdings by up to 7.059 million shares and 3.529 million shares has been announced [1] Group 2 - As of November 24, 2025, Jiaxing Zhihai Investment has reduced its holdings by 4.922 million shares, which is 1.39% of the total shares [1] - Tang Guohai has reduced his holdings by 3.45 million shares, accounting for 0.98% of the total shares [1] - After the reductions, Jiaxing Zhihai Investment holds 78.7073 million shares, representing 22.30%, while Tang Guohai holds 58.3617 million shares, accounting for 16.53% [1]