江苏必得科技股份有限公司 关于召开 2025 年第三季度业绩说明会的公告 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： 会议召开时间：2025 年 11 月 4 日 （星期二） 13:00-14:00 会 议 召 开 地 点 ： 上 海 证 券 交 易 所 上 证 路 演 中 心 （ 网 址 ： https://roadshow.sseinfo.com/） 证券代码：605298 证券简称：必得科技 公告编号：2025-045 二、 说明会召开的时间、地点 （一） 会议召开时间：2025 年 11 月 4 日（星期二）13:00-14:00 1 （二） 会议召开地点：上证路演中心 （三） 会议召开方式：上证路演中心网络互动 三、 参加人员 董事长、总经理：王坚群 会议召开方式：上证路演中心网络互动 投资者可于 2025 年 10 月 28 日 （星期二） 至 11 月 3 日 （星期一）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 zhangxuejian@bidekeji.co ...

Core Insights - The rail transit equipment sector experienced a slight increase of 0.05% on October 24, with Jiuzhou Yitui leading the gains [1] - The Shanghai Composite Index closed at 3950.31, up 0.71%, while the Shenzhen Component Index closed at 13289.18, up 2.02% [1] Stock Performance Summary - Jiuzhou Yitui (688485) closed at 16.96, up 8.72% with a trading volume of 78,500 shares and a transaction value of 128 million yuan [1] - Xianghe Industrial (603500) closed at 12.45, up 4.18% with a trading volume of 151,700 shares and a transaction value of 187 million yuan [1] - Gongda Gaoke (688367) closed at 21.93, up 3.59% with a trading volume of 20,100 shares and a transaction value of 43.49 million yuan [1] - Bidetech (605298) closed at 40.14, up 3.19% with a trading volume of 32,300 shares and a transaction value of 128 million yuan [1] - Yonggui Electric (300351) closed at 17.65, up 3.16% with a trading volume of 161,700 shares and a transaction value of 282 million yuan [1] - Other notable performers include Jiaokong Technology (688015) and Times New Materials (600458), with increases of 2.05% and 1.85% respectively [1] Capital Flow Analysis - The rail transit equipment sector saw a net inflow of 48.06 million yuan from institutional investors, while retail investors experienced a net outflow of 57.13 million yuan [2] - Major stocks with significant net inflows include Yonggui Electric (300351) with 31.83 million yuan and Xianghe Industrial (603500) with 19.05 million yuan [3] - Conversely, stocks like China Iron & Steel (000927) and China Railway Industry (600528) faced net outflows of 2.13% and 1.27% respectively [2][3]

Core Viewpoint - The announcement details the share reduction results of Jiangsu Bid Technology Co., Ltd.'s board members and senior management, specifically focusing on the shareholding status and the implementation of the reduction plan [1]. Group 1: Shareholding Status - Mr. He Ming, the company's director and deputy general manager, holds 380,000 shares of the company, which includes 146,000 unrestricted shares and 234,000 restricted shares, accounting for 0.2023% of the total shares [1]. Group 2: Reduction Plan Implementation - The reduction plan was disclosed on September 12, 2025, allowing Mr. He Ming to reduce his holdings by up to 87,500 shares, representing 0.0466% of the total share capital, through centralized bidding within two months after the announcement [1]. - As of the date of the announcement, the reduction plan has been fully implemented [3]. - The actual reduction was consistent with the previously disclosed reduction plan, and the minimum reduction quantity was achieved [3].

Group 1 - Company Bidet Technology (SH 605298) announced that its director and deputy general manager, He Ming, reduced his shareholding by 87,500 shares, accounting for 0.0466% of the total shares, between October 13 and October 14 [1] - As of the announcement date, the share reduction plan has been completed [1] - The current market capitalization of Bidet Technology is 7.4 billion yuan [3] Group 2 - For the year 2024, Bidet Technology's revenue composition is as follows: urban rail vehicles account for 97.24%, while other businesses make up 2.76% [2]

证券代码：605298 证券简称：必得科技 公告编号：2025-043 江苏必得科技股份有限公司 董事、高级管理人员减持股份结果公告 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： 上述减持主体无一致行动人。 二、减持计划的实施结果 (一)董事、高级管理人员因以下事项披露减持计划实施结果： 董事、高级管理人员持股的基本情况 公司董事、副总经理何明先生持有公司人民币普通股 380,000 股（其中无限 售条件流通股份 146,000 股，有限售条件的股份 234,000 股），占公司股份总数 的 0.2023%，上述股份来源于 2023 年限制性股票激励计划获授取得。 减持计划的实施结果情况 2025 年 9 月 12 日，公司披露了《江苏必得科技股份有限公司董事、高级管 理人员减持股份计划公告》（公告编号：2025-040）（以下简称"《减持计划》"）。 自减持计划公告披露之日起 15 个交易日后的 2 个月内，何明先生以集中竞价交 易方式减持公司股份不超过 87,500 股，占公司总股本比例 0.0 ...

Core Viewpoint - The rail transit equipment sector experienced a slight decline of 0.09% on October 14, with major losses led by Bid Technology, while the overall market indices also fell, with the Shanghai Composite Index down 0.62% and the Shenzhen Component Index down 2.54% [1] Group 1: Market Performance - The rail transit equipment sector's performance was mixed, with individual stocks showing varied results, such as Weiao Co. rising by 1.71% and Bid Technology falling by 4.77% [1][2] - The trading volume for the sector was significant, with China Railway Materials achieving a transaction amount of 220 million yuan [1] Group 2: Capital Flow - The rail transit equipment sector saw a net outflow of 123 million yuan from main funds, while retail investors contributed a net inflow of 51.53 million yuan [2][3] - Major stocks like China Communication Signal and China Railway Materials experienced notable net inflows from main funds, indicating selective interest despite the overall outflow [3]

Core Viewpoint - The announcement from Jiangsu Bid Technology Co., Ltd. reveals the progress of the transfer of 29.90% of its shares by its controlling shareholders and concerted parties, with compliance confirmation submitted to the Shanghai Stock Exchange [2][3]. Group 1: Share Transfer Details - The share transfer agreement was signed on August 8, involving actual controllers Wang Jianqun, Liu Ying, and their concerted parties, who plan to transfer a total of 56,167,150 shares to Yangzhou Dinglong Qishun Equity Investment Partnership, accounting for 29.90% of the total share capital [2][3]. - The transfer price is set at 15.97 yuan per share, totaling approximately 897 million yuan [2][3]. - Prior to the transfer, Wang Jianqun held 51.82% and Liu Ying held 18.13% of the shares, with the concerted parties holding a combined 1.47% [3]. Group 2: Impact on Shareholding Structure - Post-transfer, Wang Jianqun's shareholding will decrease to 38.87%, while Liu Ying's will drop to 2.65%, and the concerted parties will no longer hold shares [3]. - Dinglong Qishun will become a new shareholder with a 29.90% stake, but the controlling shareholder and actual controllers will remain unchanged, with Wang Jianqun continuing as the controlling shareholder [3]. Group 3: Market Reaction and Stock Performance - The share transfer has significantly influenced Bid Technology's stock price, which fluctuated between 10 yuan and 17 yuan from January to July, and surged by 103.25% in August and 38.86% in September, reaching a historical high of 54.66 yuan per share [2]. - As of October 13, the stock closed at 41.09 yuan, reflecting a daily decline of 0.6% [2]. Group 4: Compliance and Future Steps - The share transfer is subject to compliance confirmation from the Shanghai Stock Exchange and must undergo share transfer registration with the China Securities Depository and Clearing Corporation [4]. - The completion of the transfer and its timing remain uncertain, and the company will continue to monitor the situation and fulfill its disclosure obligations [4].

证券代码：605298 证券简称：必得科技 公告编号：2025-042 江苏必得科技股份有限公司 关于控股股东及一致行动人协议转让股份进展情况 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。 一、本次协议转让基本情况 2025 年 8 月 8 日，江苏必得科技股份有限公司（以下简称"必得科技""上 市公司"）实际控制人王坚群、刘英及其一致行动人王恺、王坚平、李碧玉，与 扬州鼎龙启顺股权投资合伙企业（有限合伙）（以下简称"鼎龙启顺"）签署了 《股份转让协议》，王坚群、刘英、王恺、王坚平、李碧玉拟向鼎龙启顺转让其 持有上市公司合计 56,167,150 股股份，占上市公司总股本的 29.90%。 二、本次协议转让进展情况 根据《上市公司收购管理办法》第五十五条规定："收购人在收购报告书公 告日后 30 日内仍未完成相关股份过户手续的，应当立即作出公告，说明理由； 在未完成相关股份过户期间，应当每隔 30 日公告相关股份过户办理进展情况。" 现将股份过户进展情况公告如下： 截至本公告披露日，本次协议转让各方已向上海证券交易所 ...

Core Viewpoint - The announcement from Bidetech (605298) regarding the transfer of 29.90% of its shares to Dinglong Qishun marks a significant shift in its ownership structure, with Dinglong Qishun becoming the second-largest shareholder, reflecting a trend of venture capital (VC) firms increasingly acquiring stakes in listed companies [1][2][3]. Group 1: Share Transfer Details - Bidetech's actual controller and its concerted parties signed a share transfer agreement with Dinglong Qishun, which will acquire a total of 29.90% of the company's shares for 897 million yuan [1]. - Dinglong Qishun is a growth-oriented fund with a registered capital of 950 million yuan, established by Xi'an Heying Venture Capital, which is fully owned by Longding Investment [1][2]. Group 2: Market Reaction and Stock Performance - Following the announcement, Bidetech's stock price surged over 180%, significantly outperforming the industry and the Shanghai Composite Index during the same period [2]. - The increase in stock price is attributed to market expectations of potential asset injections from Dinglong Investment, which focuses on the semiconductor sector [5][6]. Group 3: Policy Environment and VC Strategy - The recent surge in VC firms acquiring stakes in listed companies is closely linked to favorable policy changes that support private equity funds in acquiring listed companies for industrial integration [3][4]. - The current market conditions, including reasonable valuations of many listed companies, have prompted VC firms to explore opportunities in the secondary market, especially as the IPO pace has slowed [3][4]. Group 4: Future Implications and Considerations - The acquisition by VC firms is seen as a strategic move to create a controllable platform for future asset injections, which could facilitate exits for their investments [4][6]. - However, the success of these acquisitions heavily relies on the actual injection of assets into the listed companies, as the absence of such actions may lead to stock price corrections [6][7].

Market Overview - On September 22, the rail transit equipment sector declined by 0.51%, with Gongda High-Tech leading the drop [1] - The Shanghai Composite Index closed at 3828.58, up 0.22%, while the Shenzhen Component Index closed at 13157.97, up 0.67% [1] Stock Performance - Notable gainers in the rail transit equipment sector included: - Zhonghe Technology (Code: 000925) with a closing price of 7.94, up 1.79% and a trading volume of 279,600 shares [1] - Yonghui Electric (Code: 300351) with a closing price of 18.11, up 1.17% and a trading volume of 94,300 shares [1] - Bidetech (Code: 605298) with a closing price of 49.38, up 1.11% and a trading volume of 106,700 shares [1] - Conversely, Gongda High-Tech (Code: 688367) experienced the largest decline, closing at 19.60, down 5.95% with a trading volume of 61,500 shares [2] Capital Flow - The rail transit equipment sector saw a net outflow of 137 million yuan from institutional investors, while retail investors contributed a net inflow of 119 million yuan [2] - The detailed capital flow for selected stocks showed: - Zhonghe Technology had a net inflow of 20.92 million yuan from institutional investors [3] - Bidetech experienced a net outflow of 13.26 million yuan from retail investors [3] - Yonghui Electric had a significant net inflow of 26.51 million yuan from retail investors [3]