Core Viewpoint - The report highlights the financial performance and strategic focus of Beijing New Space Technology Co., Ltd. for the first half of 2025, emphasizing the challenges faced in the night economy and smart city sectors, alongside efforts to improve cash flow and manage receivables effectively [1][3][8]. Financial Performance - The company reported a revenue of CNY 143.62 million for the first half of 2025, a decrease of 10.95% compared to CNY 161.29 million in the same period of 2024 [2][8]. - The total profit for the period was a loss of CNY 66.97 million, an improvement from a loss of CNY 82.48 million in the previous year [2][8]. - The net cash flow from operating activities increased significantly to CNY 79.70 million, up 196.98% from CNY 26.84 million in the previous year [2][8]. Business Overview - The company focuses on two main sectors: night economy and smart city development, aiming to enhance urban public infrastructure and promote nighttime tourism [3][4]. - In the night economy sector, the company has established itself as a leading service provider, integrating landscape lighting and cultural tourism [3][4]. - The smart city initiatives include the development of smart streetlights and smart parking solutions, aimed at improving urban efficiency and public service levels [4][5]. Industry Context - The night economy sector is experiencing increased competition, with various local governments implementing policies to stimulate nighttime cultural and tourism activities [6][9]. - The smart city sector is transitioning towards a more integrated development model, with a focus on digital infrastructure and innovative solutions to urban challenges [6][7]. - The report indicates a growing demand for comprehensive solutions in both sectors, driven by consumer preferences and government initiatives [6][7]. Strategic Initiatives - The company is actively managing receivables and optimizing cash flow to address the challenges posed by delayed payments from government clients [9][10]. - The successful launch of the "Guangan Night City" project demonstrates the company's capability in delivering immersive cultural experiences, attracting significant visitor numbers [9][10]. - The company is enhancing its governance and internal control systems to improve operational efficiency and compliance [10][11]. Competitive Advantages - The company has established a strong brand reputation through its involvement in major national events, showcasing its project management capabilities [11][12]. - A collaborative approach across various regions and business lines enhances market competitiveness and operational efficiency [11][12]. - The company invests in technology and innovation, developing proprietary solutions that integrate advanced lighting technologies with cultural elements [12][13].

| 公司代码：605178 | 北京新时空科技股份有限公司2025 | 年半年度报告摘要 | | | | | | --- | --- | --- | --- | --- | --- | --- | | | 公司简称：时空科技 | | | | | | | 北京新时空科技股份有限公司 | | | | | | | | | 北京新时空科技股份有限公司2025 年半年度报告摘要 | | | | | | | | 第一节 重要提示 | | | | | | | 展规划，投资者应当到 | www.sse.com.cn 网站仔细阅读半年度报告全文。 | | | | | | | 完整性，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 | | | | | | | | 无 | | | | | | | | | 第二节 公司基本情况 | | | | | | | | 公司股票简况 | | | | | | | 股票种类 | 股票上市交易所 股票简称 | | 股票代码 | | | 变更前股票 | | 简称 | | | | | | | | A股 | 上海证券交易所 时空科技 | 605178 | | 无 | | | | 联系人 ...

Group 1 - The company, Shikong Technology (605178.SH), reported a total operating revenue of 144 million yuan for the first half of 2025, representing a year-on-year decrease of 10.95% [1] - The net profit attributable to shareholders of the parent company was -66.27 million yuan, which is an improvement of 8.29 million yuan compared to the same period last year [1] - The basic earnings per share were -0.67 yuan [1]

证券代码：605178 证券简称：时空科技 公告编号：2025-057 北京新时空科技股份有限公司 关于 2025 年半年度主要经营数据的公告 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、 已签订尚未执行的重大项目进展情况 截至报告期末，公司无已签订尚未执行的重大项目。 上述经营数据为初步统计数据，与定期报告披露的数据可能存在差异。 特此公告 北京新时空科技股份有限公司 董事会 2025 年 8 月 23 日 1 一、 新签项目情况 | 类型 | 新签项 | 年 2025 4-6 新签合同金额 1 | 月 同比增减 | 新签项 | 年 月 2025 1-6 新签合同金额 | 同比增减 | | --- | --- | --- | --- | --- | --- | --- | | | 1 目数 | （万元） | | 目数 | （万元） | | | 夜间经济 | 10 | 5,065.77 | 48.43% | 20 | 8,463.98 | -12.97% | | 2 智慧城市 | 3 | 4.06 | 100% | 3 ...

Group 1 - The stock price of Shikong Technology closed at 24.83 yuan on August 18, 2025, down 1.31% from the previous trading day [1] - The trading volume on that day was 78,583 hands, with a transaction amount of 195 million yuan [1] - Shikong Technology's main business involves smart city-related operations, including smart lamp posts, and is registered in Beijing, categorized as a micro-cap stock [1] Group 2 - Shikong Technology has completed its stock repurchase plan, with a total repurchase amount of 3.9488 million yuan [1] - On August 18, the net outflow of main funds was 5.8684 million yuan, accounting for 0.24% of the circulating market value [1] - Over the past five trading days, the cumulative net inflow of main funds was 21.4254 million yuan, representing 0.87% of the circulating market value [1]

Group 1 - The State Council Information Office will hold a press conference on the development of socialist democracy during the "14th Five-Year Plan" period [2] - The 2025 Global Smart Education Conference will take place in Beijing, focusing on the theme of "Human-Machine Collaboration to Foster a New Education Ecosystem" [3] - A total of 26.26 billion shares from 17 companies will be unlocked today, with a total market value of 46.718 billion yuan [4] Group 2 - Four companies have disclosed stock repurchase progress, with two companies announcing new repurchase plans [5][6] - The highest repurchase amounts reported are 20 million yuan and 193,500 yuan for Honghui New Materials and Small Commodity City, respectively [5] - A total of 1,120 billion yuan in 7-day reverse repos will mature today, with an operation rate of 1.40% [7]

Group 1 - The company approved a share repurchase plan to buy back shares using between RMB 3 million and RMB 5 million, with a maximum price of RMB 27.72 per share [2] - The repurchase period was set from July 18, 2025, to August 15, 2025, and all repurchased shares will be canceled, reducing the company's registered capital [2] - The company completed the repurchase of 171,600 shares, representing 0.17% of the total share capital, with a total expenditure of RMB 394.88 million [3] Group 2 - The highest repurchase price was RMB 23.34 per share, and the lowest was RMB 22.77 per share [3] - The implementation of the repurchase plan will not significantly impact the company's daily operations, financial status, profitability, or future development [3] - The company confirmed that there were no stock trading activities by major stakeholders during the repurchase announcement period [4] Group 3 - The repurchased shares will be used for cancellation, and the company has followed legal procedures to notify creditors [5] - The deadline for creditors to claim their rights has not yet expired, and the company will continue to accept claims within the legal timeframe [6] - The cancellation of the repurchased shares is scheduled for August 18, 2025, and the company will handle the necessary registration changes [6]

Core Viewpoint - The company has announced a share buyback plan to enhance shareholder value and reduce registered capital, with a total buyback amount of approximately 3 to 5 million RMB and a maximum buyback price of 27.72 RMB per share [1][2]. Buyback Plan Details - The buyback plan was first disclosed on July 3, 2025, and the implementation period is from July 18, 2025, to August 15, 2025 [1]. - The company plans to use its own funds to repurchase shares through centralized bidding, with an expected total buyback amount between 3 million RMB and 5 million RMB [1][2]. - The actual number of shares repurchased is 171,600, which accounts for 0.17% of the total share capital [2][4]. Buyback Execution - The actual buyback amount spent was 3.9488 million RMB, with a price range of 22.77 RMB to 23.34 RMB per share [2][4]. - The buyback execution aligns with the previously disclosed plan, and it will not significantly impact the company's daily operations, financial status, or future development [2][3]. Share Cancellation Arrangement - The repurchased shares will be canceled, leading to a reduction in the company's registered capital [3][4]. - The company has followed legal procedures to notify creditors regarding the share cancellation, and the cancellation date is set for August 18, 2025 [3][4]. Share Structure Changes - Before the buyback, the total number of shares was 99,251,600, and after the buyback and cancellation, it will be reduced to 99,080,000 shares [4][5]. - The buyback shares will be fully used for cancellation, and the company will handle the necessary registration changes with the relevant authorities [4].

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：605178 证券简称：时空科技 公告编号：2025-056 北京新时空科技股份有限公司 关于股份回购实施结果暨股份变动的公告 重要内容提示： | 回购方案首次披露日 | 2025/7/3 | | | | | | --- | --- | --- | --- | --- | --- | | 回购方案实施期限 | 年 月 月 2025 7 18 8 | 日~2025 | 年 | 15 | 日 | | 预计回购金额 | 300万元~500万元 | | | | | | 回购价格上限 | 27.72元/股 | | | | | | 回购用途 | √减少注册资本 □用于员工持股计划或股权激励 | | | | | | | □为维护公司价值及股东权益 | | | | | | 实际回购股数 | 171,600股 | | | | | | 实际回购股数占总股本比例 | 0.17% | | | | | | 实际回购金额 | 394.88万元 | | | | | | 实际回购价格区间 | 22.7 ...

Group 1 - The company, Shikong Technology (605178.SH), has completed its share repurchase plan as of August 15, 2025 [1] - A total of 171,600 shares were repurchased, representing 0.17% of the company's total share capital [1] - The repurchase was conducted through centralized bidding, with a total expenditure of 3.9488 million yuan, excluding transaction fees [1] Group 2 - The highest repurchase price was 23.34 yuan per share, while the lowest price was 22.77 yuan per share [1]