Core Viewpoint - Suzhou Keda experienced a stock price decline of 2.03% on November 28, with a current price of 9.65 CNY per share and a market capitalization of 5.588 billion CNY. The company has seen a year-to-date stock price increase of 43.82% but has faced a recent decline over the past five trading days [1]. Financial Performance - For the period from January to September 2025, Suzhou Keda reported a revenue of 741 million CNY, reflecting a year-on-year growth of 0.19%. However, the net profit attributable to shareholders was -351 million CNY, showing a slight increase of 1.38% year-on-year [2]. - The company has cumulatively distributed 142 million CNY in dividends since its A-share listing, with no dividends distributed in the past three years [3]. Business Overview - Suzhou Keda, established on June 10, 2004, and listed on December 1, 2016, specializes in the development, manufacturing, and sales of software and hardware for video conferencing systems, video surveillance systems, and integrated communication systems. The revenue breakdown includes 37.44% from industry application products and solutions, 35.18% from video conferencing, 22.13% from video surveillance, and 5.25% from other sources [2]. - The company operates within the computer equipment sector and is involved in various concept sectors, including emergency management, small-cap stocks, spatiotemporal big data, online education, and electronic license plates [2]. Shareholder Information - As of September 30, the number of shareholders for Suzhou Keda was 39,200, a decrease of 20.76% from the previous period. The average number of tradable shares per shareholder increased by 30.59% to 14,052 shares [2].

Core Insights - As of November 19, a total of 90 stocks in the Shanghai and Shenzhen markets have experienced net buying from major funds for five consecutive days or more [1] - The stocks with the longest streak of net buying are CITIC Bank and Galaxy Microelectronics, both achieving 16 consecutive trading days of net inflow [1] - Other notable stocks with significant net buying days include Lianrui New Materials, Suzhou Kedah, Mingxin Xuteng, Tongling Co., Datang Power, Shimao Energy, Jinchuan Group, and Tongfang Co. [1]

Core Viewpoint - As of November 18, a total of 89 stocks in the Shanghai and Shenzhen markets have experienced net buying from major funds for five consecutive days or more, indicating strong investor interest in these stocks [1] Group 1: Stocks with Significant Net Buying - The stocks with the longest consecutive net buying days are CITIC Bank and Galaxy Microelectronics, both having recorded net buying for 15 consecutive trading days [1] - Other notable stocks with significant net buying days include Lianrui New Materials, Suzhou Kedah, Hexin Instruments, Aidi Te, Mingxin Xuteng, Kaidi Co., Jiangsu Bank, and Tongling Co. [1]

Core Insights - As of November 17, a total of 99 stocks in the Shanghai and Shenzhen markets have experienced net buying from major funds for five consecutive days or more [1] - The stocks with the longest streak of net buying are Galaxy Microelectronics and CITIC Bank, both having received net purchases for 14 consecutive trading days [1] - Other notable stocks with significant net buying days include Lianrui New Materials, Mingchen Health, Zhongguang Optical, Chuangyao Technology, Jinhai High-tech, Hexin Instruments, Suzhou Keda, and Bai'ao Intelligent [1]

Group 1 - The core viewpoint of the article highlights a significant increase in stock prices for various AI application companies, indicating a bullish trend in the sector [1][2] Group 2 - Companies such as 360, Borui Data, Rongji Software, Inspur Software, and Suzhou Kodak reached their daily limit up, showcasing strong market performance [1] - Oriental Guoxin and Highwei Data saw their stock prices rise by over 10%, reflecting positive investor sentiment [1] - Other companies like Xinghuan Technology, Jiuqi Software, Foxit Software, and Nanwei Software also experienced notable gains, contributing to the overall upward trend in the AI application sector [1]

Core Points - The company has decided to extend the duration of its first employee stock ownership plan by 12 months, from November 19, 2025, to November 19, 2026 [1][3][6] Summary by Sections Employee Stock Ownership Plan Overview - The first employee stock ownership plan was approved during meetings held on August 20, 2021, and September 13, 2021 [1] - The plan has a basic duration of 48 months, with a lock-up period of 24 months, set to expire on November 19, 2025 [2] Extension of the Plan - The extension was approved during the second meeting of plan holders and the tenth meeting of the fifth board of directors, with over two-thirds of the voting rights in favor [3][5] - The decision was made to protect the interests of the plan holders and based on confidence in the company's future stability and stock value [3][6] Meeting Details - The second meeting of plan holders took place on November 10, 2025, with 165 attendees representing 25,705,800 shares, which is 70.95% of the total plan shares [5] - The resolution to extend the plan was unanimously approved by all attending holders [5]

Core Insights - The quantum technology sector is experiencing significant advancements, with both policy support and technological breakthroughs driving growth [2][3][4] - The global quantum computing industry is projected to grow from $4.7 billion in 2023 to over $800 billion by 2035, indicating substantial market potential [4] - A total of over 60 A-share companies are involved in quantum technology, with significant R&D investments, particularly in quantum security chips and modules [4][5] Policy Developments - Anhui Province is focusing on scaling quantum technology applications, aiming to implement nearly 300 application scenarios by the end of this year and 1,000 by 2027 [2] Technological Breakthroughs - Domestic advancements include a new architecture for atomic quantum computing that addresses challenges in high parallelism, speed, and stability [3] - Internationally, a team from the University of Chicago has theoretically extended the connection distance between quantum computers to 2,000 kilometers [3] Industry Growth and Investment - In the first three quarters of this year, A-share companies involved in quantum technology reported a total R&D expenditure of 69.47 billion yuan, accounting for 3.86% of total revenue [4] - Notable companies with high R&D expenditure include China Mobile, ZTE, and China Telecom, with 国芯科技 leading at 89.03% of revenue spent on R&D [4][5] Market Opportunities - Quantum communication, particularly quantum key distribution (QKD), is identified as the most mature and commercially viable area within quantum technology [3] - Quantum measurement is also highlighted as an early revenue-generating sector, akin to "hidden champions" in niche markets [3]

Core Viewpoint - Suzhou Keda announced an extension of its employee stock ownership plan by 12 months, moving the expiration date from November 19, 2025, to November 19, 2026 [1] Group 1 - The first phase of the employee stock ownership plan will now last until November 19, 2026 [1] - The extension was approved during the second holder meeting and the tenth meeting of the fifth board of directors [1]

苏州科达科技股份有限公司 证券代码：603660 证券简称：苏州科达 公告编号：2025-074 关于第一期员工持股计划存续期展期的公告 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。 二、本员工持股计划存续期展期的情况 鉴于本员工持股计划存续期将于 2025 年 11 月 19 日届满，根据公司《第一 期员工持股计划（草案）》的相关规定，经出席持有人会议有效表决权的 2/3 以上同意并提交公司董事会审议通过后，本员工持股计划的存续期可以延长。 基于对公司未来持续稳定发展的坚定信心及对公司股票长期投资价值的判 断，同时为了维护员工持股计划持有人的利益，公司召开了第一期员工持股计划 第二次持有人会议和第五届董事会第十次会议，审议通过了《关于公司第一期员 工持股计划存续期展期的议案》，同意对第一期员工持股计划存续期展期 12 个 月，即存续期延长至 2026 年 11 月 19 日。 公司将根据员工持股计划实施的进展情况，按照相关法律法规的规定及时履 行信息披露义务，敬请广大投资者注意投资风险。 一、第一期员工持股计划的基本情况 ...

证券代码：603660 证券简称：苏州科达 公告编号：2025-073 苏州科达科技股份有限公司 第一期员工持股计划第二次持有人会议决议公告 鉴于本期员工持股计划存续期即将届满，根据《公司第一期员工持股计划（草 案）》的相关规定，经出席持有人会议的持有人所持 2/3 以上份额同意并提交公 司董事会审议通过后，本期员工持股计划的存续期限可以延长。 基于对公司未来持续稳定发展的信心及公司股票价值的判断，为维护本期计 划持有人利益，同意公司第一期员工持股计划延期 12 个月，即存续期延长至 2026 年 11 月 19 日。 特此公告。 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。 一、持有人会议召开情况 苏州科达科技股份有限公司（以下简称"公司"）第一期员工持股计划（以 下简称"第一期员工持股计划"、"本员工持股计划"）第二次持有人会议于 2025 年 11 月 10 日以现场结合通讯表决方式在公司会议室召开，出席本次会议的持有 人共 165 人，代表员工持股计划份额 25,705,800 份，占公司第一期员工持股计 划总份额的 ...