Group 1 - On November 6, Suzhou Keda executed a block trade of 827,800 shares, with a transaction value of 7.0691 million yuan, accounting for 4.4% of the total transaction volume for the day [1] - The transaction price was 8.54 yuan, which represents a discount of 5.01% compared to the market closing price of 8.99 yuan [1]

Core Viewpoint - Suzhou Keda (603660.SH) reported a decline in institutional ownership in its Q3 2025 report, indicating a potential shift in investor sentiment [1] Institutional Ownership - As of October 30, 2025, there are 2 institutional investors holding a total of 7.3647 million shares of Suzhou Keda, representing 1.33% of the total share capital [1] - The institutional ownership has decreased by 1.12 percentage points compared to the previous quarter [1] Public Fund Participation - In this reporting period, 29 public funds were not disclosed compared to the previous quarter, including notable funds such as China Merchants Quantitative Selected Stock A and Morgan Stanley Multi-Factor Strategy Mixed Fund [1]

Group 1 - Suzhou Keda (SH 603660) held its fifth board meeting on October 29, 2025, to discuss the proposal for selling repurchased shares [1] - For the year 2024, Suzhou Keda's revenue composition is as follows: audio and video products and applications account for 96.26%, while other businesses account for 3.74% [1]

Core Viewpoint - Suzhou Keda is a leading provider of video communication and information technology solutions in China, focusing on video conferencing, video surveillance, and unified communication systems [1] Group 1: Business Performance - In Q3 2025, Suzhou Keda achieved a revenue of 741 million yuan, ranking 27th among 63 companies in the industry [2] - The company's net profit for the same period was -351 million yuan, placing it 62nd in the industry [2] - The main business segments include industry application products and solutions (178 million yuan, 37.44%), video conferencing (167 million yuan, 35.18%), video surveillance (105 million yuan, 22.13%), and others (24.94 million yuan, 5.25%) [2] Group 2: Financial Ratios - As of Q3 2025, Suzhou Keda's debt-to-asset ratio was 60.03%, down from 68.86% year-on-year but still above the industry average of 34.38% [3] - The gross profit margin for Q3 2025 was 56.18%, a decrease from 60.93% year-on-year, yet significantly higher than the industry average of 34.46% [3] Group 3: Shareholder Information - As of September 30, 2025, the number of A-share shareholders decreased by 20.76% to 39,200 [5] - The average number of circulating A-shares held per shareholder increased by 30.59% to 14,100 [5] Group 4: Executive Compensation - The chairman, Chen Donggen, received a salary of 300,000 yuan in 2024, a decrease of 3,600 yuan from 2023 [4] - The general manager, Chen Weidong, saw an increase in salary from 300,000 yuan in 2023 to 500,000 yuan in 2024, an increase of 200,000 yuan [4]

Group 1 - The company announced a share repurchase of 6.9641 million shares from its dedicated securities account [1] - The company plans to reduce up to 3.7205 million shares between November 21, 2025, and February 20, 2026, through centralized bidding or block trading, representing 0.65% of the total share capital [1] - The funds obtained from the share reduction will be used to supplement working capital [1]

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：603660 证券简称：苏州科达 公告编号：2025-072 苏州科达科技股份有限公司 关于召开 2025 年第三季度业绩说明会的公告 重要内容提示： 会议召开时间：2025年11月24日（星期一） 14:00-15:00 会 议 召 开 地 点 ： 上 海 证 券 交 易 所 上 证 路 演 中 心 （ 网 址 ： http://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11月17日 （星期一） 至11月21日 （星期五）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@kedacom.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。 苏州科达科技股份有限公司（以下简称"公司"）已于2025年10月31日发布 公司2025年第三季度报告，为便于广大投资者更全面深入地了解公司2025年第三 季度经营成果、财务状况，公司计划于2025年11月24日（星期一）14: ...

证券代码：603660 证券简称：苏州科达 公告编号：2025-069 苏州科达科技股份有限公司 第五届董事会第九次会议决议公告 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。 1. 审议通过了《公司 2025 年第三季度报告》 表决结果：同意 7 票、反对 0 票，弃权 0 票。 2025年1至9月，公司实现营业收入74,102.16万元，较上年同期增加0.19%； 实现归属母公司股东的净利润-35,123.83 万元,较上年同期增长 1.38%。 2.审议通过了《关于出售公司已回购股份的议案》 表决结果：同意 7 票、反对 0 票，弃权 0 票。 根据公司 2024 年《"提质增效重回报"暨回购股份方案》之用途约定，同 意公司以集中竞价或大宗交易方式出售不超过 3,720,459 股的已回购股份。 具体内容详见公司同日在上交所网站（www.sse.com.cn）披露的《关于减持 已回购股份计划的公告》（公告编号：2025-071） 一、董事会会议召开情况 苏州科达科技股份有限公司（以下简称"公司"）第五届董事会第九次会议 ...

证券代码：603660 证券简称：603660 公告编号：2025-071 苏州科达科技股份有限公司 关于减持已回购股份计划的公告 本公司董事会、全体董事及相关股东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： 回购股份基本情况 苏州科达科技股份有限公司（以下简称公司）于 2024 年 2 月 7 日至 2024 年5月6日期间实施以集中竞价交易方式开展维护公司价值及股东权益的回购股 份计划，共计回购公司股份 6,964,139 股，占公司总股本的 1.38%，具体内容详 见公司于 2024 年 5 月 7 日披露的《关于股份回购实施结果暨股份变动的公告》 （公告编号：2024-046）。 上述减持主体无一致行动人。 二、减持计划的主要内容 | 股东名称 | 苏州科达科技股份有限公司回购专用证券账户 | | --- | --- | | 计划减持数量 | 不超过：3,720,459 股 | | 计划减持比例 | 不超过：0.65% | | 减持方式及对应减持数 量 | 集中竞价减持，不超过：3,720,459 股 大宗交易减持，不超过 ...

Financial Performance - The company's operating revenue for Q3 2025 was ¥266,106,491.97, a decrease of 16.90% compared to the same period last year[3] - The total profit for the period was -¥132,863,684.64, with a year-to-date total profit of -¥351,385,814.25[3] - The net profit attributable to shareholders was -¥134,380,931.48 for the quarter, and -¥351,238,284.64 year-to-date, indicating significant losses[3] - The basic earnings per share for the quarter was -¥0.2420, and -¥0.6325 year-to-date[4] - The company reported a 39.83% decrease in total profit for the quarter due to a decline in operating revenue[8] - Net profit for the first three quarters of 2025 was reported at -¥351,407,328.34, compared to -¥353,728,456.42 in the same period of 2024, indicating a slight improvement in losses[22] - The company reported a basic and diluted earnings per share of -¥0.6325 for the first three quarters of 2025, compared to -¥0.7080 in the same period of 2024, indicating a slight improvement[23] Assets and Liabilities - Total assets decreased by 6.39% from the end of the previous year, amounting to ¥2,123,512,020.39[4] - As of September 30, 2025, the company's total assets amounted to RMB 2,123,512,020.39, a decrease from RMB 2,268,367,958.48 as of December 31, 2024, reflecting a decline of approximately 6.4%[16] - The company's cash and cash equivalents were RMB 220,107,337.02, down from RMB 416,713,034.61 at the end of 2024, indicating a decrease of about 47.3%[16] - The total current liabilities increased to RMB 275,000,000.00 from RMB 190,125,277.78, representing an increase of approximately 44.7%[17] - The total liabilities increased to ¥1,274,638,569.51 from ¥1,188,702,797.82, showing an increase of approximately 7.2%[19] - The total equity attributable to shareholders decreased to ¥844,792,961.92 from ¥1,076,265,628.01, a decline of about 21.5%[19] Cash Flow - The net cash flow from operating activities for the quarter was -¥8,038,321.80, with a year-to-date total of -¥230,360,239.72[3] - The company experienced a 41.24% increase in net cash flow from operating activities for the quarter, attributed to effective cost reductions and improved inventory management[9] - Cash inflow from operating activities totaled ¥842,890,241.81, a decrease from ¥925,484,378.17 in the previous year, representing a decline of about 8.9%[26] - The net cash flow from operating activities was -230,360,239.72, a decrease from -427,967,091.97 in the previous period, indicating a significant improvement[27] - Total cash outflow from operating activities amounted to 1,073,250,481.53, down from 1,353,451,470.14, reflecting a reduction in operational expenses[27] - Cash inflow from financing activities was 111,069,947.20, a recovery from a negative cash flow of -209,894,516.37 in the previous period, indicating improved financing conditions[27] - Total cash inflow from financing activities was 291,875,000.00, while cash outflow totaled 180,805,052.80, resulting in a net inflow[27] Investments and Subsidiaries - The company converted RMB 118,461,000 of "Keda Convertible Bonds" into 18,567,080 shares, which is about 3.75726% of the total shares outstanding prior to conversion[14] - The company has a remaining amount of RMB 152,861,000 in "Keda Convertible Bonds," which constitutes 29.62% of the total issued convertible bonds[14] - The company established a new subsidiary, Beijing Xinghua Keda Technology Co., Ltd., with a registered capital of RMB 5 million, in which it holds a 10% equity stake[15] - The company's long-term equity investments decreased to RMB 8,051,031.52 from RMB 11,057,560.05, indicating a decline of about 27.2%[17] Operational Efficiency - Total operating costs decreased to ¥1,132,464,560.00 from ¥1,148,310,585.53, marking a reduction of about 1.4%[21] - Research and development expenses for the first three quarters of 2025 were ¥335,295,685.51, down from ¥358,859,664.12 in 2024, reflecting a decrease of approximately 6.6%[21] - Cash paid to employees was 593,599,285.09, a decrease from 754,858,250.49, suggesting cost-cutting measures[27] - Cash paid for taxes was 93,273,264.00, slightly down from 98,619,260.70, indicating stable tax obligations[27] - The cash outflow for purchasing goods and services was ¥231,237,739.15, down from ¥294,885,187.36 in the previous year, reflecting a decrease of approximately 21.5%[26] Future Outlook - The company plans to implement new accounting standards starting in 2025, which may impact future financial reporting[29]

Core Viewpoint - Suzhou Keda announced a share repurchase plan, indicating a strategic move to enhance liquidity and shareholder value through the planned reduction of shares outstanding [1] Group 1 - The company will repurchase 6.9641 million shares from its dedicated securities account [1] - The planned reduction will occur between November 21, 2025, and February 20, 2026 [1] - The company intends to reduce up to 3.7205 million shares, which represents 0.65% of the total share capital [1] Group 2 - The funds generated from the share reduction will be used to supplement the company's working capital [1]