Core Viewpoint - Beijing New Space Technology Co., Ltd. announced the release of share pledges by its controlling shareholder, Mr. Gong Lanhai, which does not affect the company's control or operations [1][2]. Summary by Sections Share Pledge Release Details - Mr. Gong Lanhai holds 37,168,589 shares, representing 37.51% of the total share capital - A total of 1,665,946 shares were released from pledge, accounting for 4.48% of his holdings and 1.68% of the company's total share capital - The remaining pledged shares amount to 2,700,000 shares, which is 7.26% of his holdings and 2.73% of the company's total share capital - The release of the pledge was completed on August 25, 2025 [1]. Additional Information - Mr. Gong Lanhai has a good credit status and repayment ability, indicating that the risk associated with the pledged shares is controllable - The release of the pledge will not lead to any change in the actual control of the company and will not have a substantial impact on its operations or governance [2].

Group 1 - The controlling shareholder, Gonglianhai, has released a pledge of 1.6659 million shares [1] - After the release of the pledge, Gonglianhai has 2.7 million shares remaining under pledge, which accounts for 7.26% of his total holdings [1] - The remaining pledged shares represent 2.73% of the company's total share capital [1]

证券代码：605178 证券简称：时空科技 公告编号：2025-059 北京新时空科技股份有限公司 关于持股 5%以上股东股份解除质押的公告 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。 1 股东名称 杨耀华 本次解除质押股份 1,200,000 股 占其所持股份比例 22.63% 占公司总股本比例 1.21% 解除质押时间 2025 年 8 月 25 日 持股数量 5,302,883 股 持股比例 5.35% 剩余被质押股份数量 0 股 剩余被质押股份数量占其所持股份比例 0% 剩余被质押股份数量占公司总股本比例 0% 一、股份解除质押基本情况 二、备查文件 1、中国证券登记结算有限责任公司解除证券质押登记通知。 特此公告。 北京新时空科技股份有限公司董事会 2025 年 8 月 27 日 重要内容提示： 北京新时空科技股份有限公司（以下简称"公司"）持股 5%以上股东 杨耀华先生持有公司股份 5,302,883 股，占公司总股本比例为 5.35%。本次 股份解除质押后，杨耀华先生剩余被质押公司股份数量为 0 股。 公司近 ...

证券代码：605178 证券简称：时空科技 公告编号：2025-058 北京新时空科技股份有限公司 关于控股股东部分股份解除质押的公告 | 股东名称 | 宫殿海 | | | | --- | --- | --- | --- | | 本次解除质押股份 | 1,665,946 | 股 | | | 占其所持股份比例 | 4.48% | | | | 占公司总股本比例 | 1.68% | | | | 解除质押时间 | 2025 年 8 | 月 | 25 日 | | 持股数量 | 37,168,589 | 股 | | | 持股比例 | 37.51% | | | | 剩余被质押股份数量 | 2,700,000 | 股 | | | 剩余被质押股份数量占其所持股份比例 | 7.26% | | | | 剩余被质押股份数量占公司总股本比例 | 2.73% | | | 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： 北京新时空科技股份有限公司（以下简称"公司"）控股股东宫殿海先生 持有公司股份 37,168,589 股，占公司总股本比例 ...

Financial Performance - The company reported a total revenue of 144 million yuan for the first half of 2025, a decrease of 10.95% year-on-year [1] - The net profit attributable to shareholders was -66.27 million yuan, an increase of 11.12% year-on-year [1] - In Q2 2025, total revenue was 73.06 million yuan, down 27.8% year-on-year, while the net profit attributable to shareholders was -30.64 million yuan, up 21.37% year-on-year [1] Key Financial Ratios - Gross margin was 18.26%, a decrease of 14.76% year-on-year [1] - Net margin was -46.29%, an increase of 0.51% year-on-year [1] - Total expenses (selling, administrative, and financial) amounted to 66.59 million yuan, accounting for 46.36% of revenue, an increase of 20.73% year-on-year [1] Balance Sheet Highlights - The company had accounts receivable of 402 million yuan, which represented 117.93% of the latest annual revenue [1] - Cash and cash equivalents increased by 47.11% year-on-year to 295.67 million yuan [1] - Interest-bearing debt rose by 25.21% year-on-year to 107 million yuan [1] Earnings Per Share - The earnings per share was -0.67 yuan, an increase of 10.67% year-on-year [1] - The net asset per share decreased by 16.84% year-on-year to 12.78 yuan [1] - Operating cash flow per share was 0.8 yuan, an increase of 196.98% year-on-year [1] Historical Performance - The company's historical return on invested capital (ROIC) median since listing is 22.16%, with the worst year being 2024 at -16.07% [3] - The company has reported losses in four out of its four annual reports since listing, indicating a generally poor financial performance [3] - The average operating cash flow over the past three years has been negative, raising concerns about cash flow sustainability [3]

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]