Core Viewpoint - Xinke Mobile is a significant player in the domestic mobile communication sector, focusing on international standard formulation, core technology research and development, and industrialization, with a strong technical foundation and industry influence [1] Group 1: Business Performance - In Q3 2025, Xinke Mobile achieved a revenue of 3.763 billion yuan, ranking 10th among 36 companies in the industry, below the industry average of 6.434 billion yuan and median of 1.184 billion yuan [2] - The company's net profit for the same period was -193 million yuan, ranking 33rd in the industry, with the industry leader, Zhongji Xuchuang, reporting a net profit of 7.57 billion yuan [2] Group 2: Financial Ratios - As of Q3 2025, Xinke Mobile's debt-to-asset ratio was 51.65%, higher than the industry average of 38.12%, but a decrease from 52.74% in the previous year [3] - The gross profit margin for the same period was 23.31%, lower than the industry average of 30.08%, remaining relatively stable compared to 23.39% in the previous year [3] Group 3: Executive Compensation - The chairman, Sun Xiaonan, received a salary of 967,600 yuan in 2024, a decrease of 223,500 yuan from 2023 [4] Group 4: Shareholder Information - As of September 30, 2025, the number of A-share shareholders increased by 1.42% to 48,000, with an average holding of 42,000 circulating A-shares, up 44.23% from the previous period [5] - The top circulating shareholder, Southern CSI 500 ETF, held 19.83 million shares, a decrease of 364,800 shares from the previous period [5] Group 5: Analyst Ratings and Business Highlights - Guotai Junan Securities maintained an "accumulate" rating, adjusting the EPS forecast for 2025/2026 to 0.00 (-0.01) and 0.03 (-0.07) yuan, with a new target price of 8.27 yuan [5] - Tianfeng Securities projected net profits for 2025-2027 to be 4.23 million yuan, 140 million yuan, and 258 million yuan respectively, while highlighting growth in system equipment gross margins and significant progress in industry-specific networks [6]

Core Viewpoint - The stock price of Xinke Mobile has experienced fluctuations, with a current decline of 2.07% and a year-to-date increase of 10.91% [1][2]. Group 1: Stock Performance - As of October 31, Xinke Mobile's stock price is 6.61 CNY per share, with a market capitalization of 22.598 billion CNY [1]. - The stock has seen a decrease of 1.05% over the last five trading days, a slight increase of 0.61% over the last 20 days, and a significant increase of 15.76% over the last 60 days [2]. Group 2: Financial Performance - For the period from January to September 2025, Xinke Mobile reported a revenue of 3.763 billion CNY, representing a year-on-year decrease of 9.25%. The net profit attributable to shareholders was -165 million CNY, showing a year-on-year increase of 2.84% [2]. Group 3: Business Overview - Xinke Mobile, established on December 29, 1998, and listed on September 26, 2022, is a high-tech enterprise controlled by a central state-owned enterprise, focusing on mobile communication international standard formulation, core technology research and development, and industrialization [2]. - The company's main business revenue composition includes: integrated mobile communication services (35.01%), system equipment (21.44%), industry private network equipment and others (16.24%), antenna equipment (14.09%), indoor distribution equipment (6.58%), mobile communication network operation and maintenance services (5.84%), and other supplementary services (0.80%) [2]. Group 4: Shareholder Information - As of September 30, 2025, Xinke Mobile had 48,000 shareholders, an increase of 1.42% from the previous period, with an average of 42,015 circulating shares per shareholder, up by 44.23% [2]. - Among the top ten circulating shareholders, the Southern CSI 500 ETF holds 19.8301 million shares, a decrease of 364,800 shares from the previous period, while Hong Kong Central Clearing Limited holds 18.8249 million shares, an increase of 3.2442 million shares [3].

证券代码：688387 证券简称：信科移动 中信科移动通信技术股份有限公司 二〇二五年十一月 | 目录 | | --- | | 2025 | 年第一次临时股东大会会议须知 3 | | --- | --- | | 2025 | 年第一次临时股东大会会议议程 6 | | 2025 | 年第一次临时股东大会会议议案 8 | | | 议案一：关于公司取消监事会并修订《公司章程》的议案 8 | | | 议案二：关于制定和修订部分公司治理制度的议案 9 | | | 议案三：关于董事辞职暨补选非独立董事的议案 10 | | | 议案四：关于续聘会计师事务所的议案 11 | 中信科移动通信技术股份有限公司 2025 年第一次临时股东大会会议须知 为维护全体股东的合法权益，确保股东大会会议秩序和议事效率，保证股东 大会的顺利召开，根据《中华人民共和国公司法》（以下简称"《公司法》"）、《中 华人民共和国证券法》（以下简称"《证券法》"）、中国证券监督管理委员会《上 市公司股东会规则》以及《中信科移动通信技术股份有限公司章程》（以下简称 "《公司章程》"）和《中信科移动通信技术股份有限公司股东大会议事规则》等 有关规定，特制定中 ...

Core Insights - The company, Zhongxin Ke Mobile Communication Technology Co., Ltd. (信科移动), reported a total revenue of 3.763 billion yuan for the first three quarters of 2025, with a third-quarter revenue of 1.225 billion yuan, reflecting a year-on-year growth of 6.23% [2] - The company is focusing on becoming an "innovation highland" in the integrated mobile communication field, with R&D investment reaching 322 million yuan in Q3 2025, accounting for 26.30% of the quarterly revenue [2][3] - The company has made significant progress in market expansion, successfully winning bids for major projects with China Mobile, which strengthens its position in the operator supply chain and lays a solid foundation for further expansion in the satellite communication market [2] Company Developments - The company actively participated in the first 6G RAN working group meeting held by 3GPP in Bangalore, India, marking a significant step in the standardization process of 6G technology [3] - The company launched the "Nine Thousand Miles Plan 2.0," collaborating with partners across various sectors to build a star-ground integrated network, promoting large-scale applications of satellite internet in China [3] - The company aims to enhance technological innovation and industry collaboration to support the construction of a new type of digital infrastructure that is ubiquitous, intelligent, and environmentally efficient [3] Industry Context - The communication industry showed structural growth characteristics in Q3 2025, with AI computing power becoming a core growth engine, and strong demand in areas such as optical communication, IDC, and satellite internet [3] - The company is committed to working with global partners to achieve mutual success in the 6G era, emphasizing the importance of technological breakthroughs and application scenario expansion [3]

Core Viewpoint - Xinke Mobile's stock price has shown a modest increase of 9.73% year-to-date, with recent trading activity indicating a slight decline of 2.10% on October 27, 2023, reflecting market volatility and investor sentiment [1][2]. Company Overview - Xinke Mobile, established on December 29, 1998, and listed on September 26, 2022, is a high-tech enterprise controlled by a central state-owned enterprise, specializing in mobile communication international standard formulation, core technology research and development, and industrialization [2]. - The company's revenue composition includes: Integrated mobile communication services (35.01%), system equipment (21.44%), industry private network equipment and others (16.24%), antenna equipment (14.09%), indoor distribution equipment (6.58%), mobile communication network operation and maintenance services (5.84%), and other supplementary services (0.80%) [2]. Financial Performance - For the period from January to September 2025, Xinke Mobile reported a revenue of 3.763 billion yuan, representing a year-on-year decrease of 9.25%. The net profit attributable to shareholders was -165 million yuan, showing a year-on-year increase of 2.84% [2]. Shareholder Information - As of September 30, 2025, Xinke Mobile had 48,000 shareholders, an increase of 1.42% from the previous period. The average circulating shares per person were 42,015, which is an increase of 44.23% [2]. - Among the top ten circulating shareholders, the Southern CSI 500 ETF held 19.8301 million shares, a decrease of 364,800 shares compared to the previous period. The Hong Kong Central Clearing Limited increased its holdings to 18.8249 million shares, an increase of 3.2442 million shares [3]. Market Activity - On October 27, 2023, Xinke Mobile's stock price was reported at 6.54 yuan per share, with a trading volume of 197 million yuan and a turnover rate of 1.47%. The total market capitalization stood at 22.359 billion yuan [1]. - The net inflow of main funds was 14.5434 million yuan, with large orders accounting for 33.63% of total purchases and 26.26% of total sales [1]. Stock Performance Trends - Xinke Mobile's stock has increased by 0.31% over the last five trading days, 1.24% over the last 20 days, and 12.18% over the last 60 days [2].

Group 1 - The company guarantees the authenticity, accuracy, and completeness of the quarterly report, and assumes legal responsibility for any false records or misleading statements [2][3][4] - The third-quarter financial statements are unaudited, and the report period refers to the three months from the beginning to the end of the quarter [3][4] - The company has received a resignation letter from a non-independent director, Yu Mo, due to work arrangement adjustments, and the board has nominated Wang Bin as a candidate for the non-independent director position [7][8][9] Group 2 - The company will hold its first extraordinary general meeting of 2025 on November 11, 2025, at 15:00 in Wuhan [11][12][13] - The meeting will adopt a combination of on-site and online voting methods, with specific voting times outlined [13][16] - The company has proposed to cancel the supervisory board and amend the articles of association, with the proposal requiring shareholder approval [59][60] Group 3 - The company intends to continue employing Deloitte Touche Tohmatsu Certified Public Accountants LLP as its financial audit and internal control audit institution for 2025, pending shareholder approval [41][42][56] - The audit firm has a strong track record, with no criminal penalties in the past three years and a significant number of partners and registered accountants [45][48][50] - The company plans to revise and establish several governance systems to enhance operational standards, which will also require shareholder approval [60]

Group 1 - China Shenhua's net profit for the first three quarters decreased by 10% year-on-year, with total revenue of 213.15 billion yuan, down 16.6% [1][2] - Dongfang Caifu reported a 51% increase in net profit for the first three quarters, reaching 90.97 billion yuan, a 50.57% year-on-year growth [3][4] - Geer Co. achieved a net profit growth of 10.33% year-on-year, totaling 25.87 billion yuan, despite a 2.21% decline in revenue [5][6] Group 2 - Changan Automobile's net profit fell by 14.66% year-on-year, with total revenue of 1,149.27 billion yuan, up 3.58% [7][8] - Zhinanzhen reported a significant net profit increase of 205% year-on-year, reaching 1.16 billion yuan, driven by growth in financial information services [9] - Dongpeng Beverage's net profit grew by 42% year-on-year, totaling 37.61 billion yuan for the first three quarters [10][11] Group 3 - Ping An Bank's net profit decreased by 2.8% year-on-year, with total revenue of 1,006.68 billion yuan, down 9.8% [12][13] - Goldwind Technology reported a 171% increase in net profit for the third quarter, reaching 25.84 billion yuan for the first three quarters [15] - Yilong Co. achieved a net profit growth of 113.97% year-on-year, totaling 19.88 billion yuan in the third quarter [16][17] Group 4 - Tongwei Co. reported a net loss of 5.27 billion yuan for the first three quarters, with total revenue of 646 billion yuan, down 5.38% [18][19] - CITIC Securities' net profit increased by 52% year-on-year, reaching 231.59 billion yuan for the first three quarters [20] - Wanhua Chemical's net profit decreased by 17.45% year-on-year, totaling 91.57 billion yuan for the first three quarters [21] Group 5 - Luoyang Molybdenum's net profit increased by 96.4% year-on-year, reaching 142.80 billion yuan for the first three quarters [22] - Xiamen Tungsten's net profit grew by 41.54% year-on-year, totaling 5.52 billion yuan for the first three quarters [44] - Huazhong Cement's net profit increased by 76% year-on-year, reaching 20.04 billion yuan for the first three quarters [41]

Core Viewpoint - Xinke Mobile announced the nomination of Mr. Wang Bin as a candidate for the non-independent director of the company's second board [2] Company Summary - The board of directors of Xinke Mobile has approved the nomination of Mr. Wang Bin [2]

中信科移动通信技术股份有限公司 第一章 总 则 投资者关系管理制度 （二）透露或者发布含有误导性、虚假性或者夸大性的信息； （三）选择性透露或者发布信息，或者存在重大遗漏； （四）对公司证券价格作出预测或承诺； （五）未得到明确授权的情况下代表公司发言； （六）歧视、轻视等不公平对待中小股东或者造成不公平披露的行为； （七）违反公序良俗，损害社会公共利益； （八）其他违反信息披露规定，或者影响公司证券及其衍生品种正常交易的 违法违规行为。 第一条 为了加强公司与投资者和潜在投资者（以下合称"投资者"）之间 的信息沟通，建立公司与投资者特别是广大社会公众投资者的良好沟通平台，完 善公司治理结构，切实保护投资者特别是广大社会公众投资者的合法权益，形成 公司与投资者之间长期、稳定、和谐的良性互动关系，根据《中华人民共和国公 司法》（以下简称"《公司法》"）、《中华人民共和国证券法》（以下简称"《证 券法》"）、《上市公司投资者关系管理工作指引》、《上海证券交易所科创板 股票上市规则》（以下简称"《上市规则》"）、《上海证券交易所上市公司自 律监管指引第 1 号——规范运作》等有关法律、法规、规范性文件和公司章程的 ...

中信科移动通信技术股份有限公司 投资管理制度 本制度所称主业是指公司发展战略和规划确定并符合国资监管要求的企业 主要经营业务；非主业是指主业以外的其他经营业务。企业为交易目的持有的不 进行产权登记的股权投资不纳入本制度管理。 第三条 本制度所称重大投资项目指由董事会研究决定的投资项目，以及根 据"三重一大"决策制度实施办法规定的其他投资项目。 第四条 公司以发展规划纲要为引领，以把握投资方向、优化资本布局、严 格决策程序、规范资本运作、提高资本回报、维护资本安全为重点，依法建立信 息对称、权责对等、运行规范、风险控制有力的投资监督管理体系，强化投资行 为的全程全面监管。 1 第五条 公司依据发展战略和规划编报年度投资计划。公司实行投资项目负 面清单管理，严格执行投资管理制度，组织开展对投资项目后评价，对违规投资 造成企业资产损失以及其他严重不良后果的进行责任追究。 第六条 公司投资应当服务国家发展战略，符合企业发展规划，坚持聚焦主 业，大力培育和发展战略性新兴产业，严格控制非主业投资，遵循价值创造理念， 严格遵守投资决策程序，提高投资回报水平，防止资产流失。 第七条 公司应建立投资管理体系，健全投资管理制度， ...