Core Viewpoint - The departure of core technical personnel, Mr. Sun Yuan, from KJ Intelligent Technology Co., Ltd. is a mutual agreement due to personal reasons, and it will not adversely affect the company's core technology or operational capabilities [2][3]. Group 1: Departure Details - Mr. Sun Yuan has left the company and will no longer hold any position [3]. - He has signed confidentiality and non-competition agreements, ensuring no disputes regarding intellectual property [2][4]. Group 2: Impact on Company Operations - The company has completed a smooth handover of Mr. Sun's responsibilities, and his departure will not negatively impact ongoing research and development projects [5][8]. - The company has a stable research and development team with 464 personnel, representing 45.67% of total employees, ensuring no reliance on any single core technical personnel [8]. Group 3: Measures Taken by the Company - The company has established a comprehensive training and incentive mechanism for technical personnel, ensuring a sufficient backup of talent to support future core technology development [9]. - The company plans to enhance the recruitment and training of professional technical personnel to improve its technological innovation capabilities [9]. Group 4: Verification by Sponsoring Institution - The sponsoring institution confirms that Mr. Sun's departure will not significantly impact the company's research capabilities or technological innovation [10]. - All patents applied for during Mr. Sun's tenure belong to the company, with no disputes regarding job-related inventions [10].

Core Insights - KJ Intelligent announced the departure of core technical personnel Sun Yuan due to personal reasons, with a mutual agreement to terminate the employment relationship [1] - Following his departure, Sun Yuan will no longer hold any position within the company, and his unvested restricted stock will be forfeited and rendered invalid [1] - The company stated that the transition of responsibilities has been smooth, and the existing core technical personnel and R&D team are capable of supporting ongoing core technology development [1]

国泰海通证券股份有限公司关于科捷智能科技股份有限公司 核心技术人员离职的核查意见 国泰海通证券股份有限公司（以下简称"国泰海通"或"保荐机构")作为科捷智能 科技股份有限公司（以下简称"科捷智能"或"公司")首次公开发行股票并在科创板上 市项目的保荐机构，根据《证券发行上市保荐业务管理办法》《上海证券交易所科 创板股票上市规则》《科创板上市公司持续监管办法（试行）》等有关规定，对科 捷智能核心技术人员离职的事项进行了专项核查，并出具核查意见如下： 一、核心技术人员离职的具体情况 公司核心技术人员孙袁先生因个人原因与公司协商一致解除劳动关系，现已办 理离职手续。孙袁先生离职后，不再担任公司任何职务。 （一）核心技术人员的具体情况 孙袁，男，1984年2月出生，中国国籍，无境外永久居留权，博士研究生学历， 2011年7月至2018年9月就职于中国电科第十四研究所，担任研发经理；2018年9月至 2019年3月就职于广东博智林机器人有限公司，担任智能制造研究所负责人；2019年 4月至2021年11月就职于上海德马物流技术有限公司，担任研究院副院长兼机器人事 业部总经理；2021年11月至2026年2月担任公司研发 ...

证券代码：688455 证券简称：科捷智能 公告编号：2026-003 科捷智能科技股份有限公司 关于公司核心技术人员离职的公告 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、准确性和完整性依法承担法律责任。 重要内容提示： 一、核心技术人员离职的具体情况 孙袁先生因个人原因与公司协商一致解除劳动关系，现已办理离职手续。孙 袁先生离职后，不再担任公司任何职务。 （一）核心技术人员的具体情况 孙袁，男，1984 年 2 月出生，中国国籍，无境外永久居留权，博士研究生 学历，2011 年 7 月至 2018 年 9 月就职于中国电科第十四研究所，担任研发经理； 2018 年 9 月至 2019 年 3 月就职于广东博智林机器人有限公司，担任智能制造研 究所负责人；2019 年 4 月至 2021 年 11 月就职于上海德马物流技术有限公司， 担任研究院副院长兼机器人事业部总经理；2021 年 11 月至 2026 年 2 月担任公 司研发中心总监。 目前，公司的技术研发和日常经营均正常进行，公司研发团队结构完整，后 备人员充足，现有研发团队及核心技术人员能够 ...

Core Viewpoint - The company announces the departure of key technical personnel, Sun Yuan, who has left the company by mutual agreement due to personal reasons, and will no longer hold any position within the company [1] Group 1: Personnel Changes - Sun Yuan has signed a confidentiality agreement and a non-compete agreement, ensuring he has corresponding confidentiality and non-compete obligations [1] - There are no disputes or potential disputes related to patents or intellectual property, and the integrity of the company's intellectual property remains unaffected [1] Group 2: Impact on Operations - The work previously handled by Sun Yuan has been smoothly transitioned, and his departure will not impact the integrity of the company's core technology [1] - The company asserts that there will be no substantial impact on its production operations, core competitiveness, business development, or product innovation due to this personnel change [1]

Investment Rating - The report initiates coverage with a "Buy" rating for the company [7] Core Insights - The company, 科捷智能, focuses on intelligent logistics and manufacturing, having successfully delivered over 1,000 projects across more than 20 countries [5][14] - The company has a robust order backlog of 4.291 billion yuan, with a year-on-year increase of 70%, indicating a potential performance turning point [6][26] - The strategic partnership with 星动纪元 aims to advance the logistics robotics sector, enhancing automation and efficiency in logistics operations [5][40] Summary by Sections 1. Focus on Core Business and Robotics Layout - 科捷智能 has expanded into intelligent warehousing and manufacturing since its establishment in 2015, with a diverse industry coverage [14] - The company has repurchased shares and canceled them, boosting shareholder confidence after the second-largest shareholder, 顺丰投资, terminated its share reduction plan early [20][24] 2. Abundant Order Backlog and Expected Performance Turnaround - The company anticipates a revenue of 2.15 to 2.45 billion yuan for 2025, representing a year-on-year increase of 54% to 76%, with a projected net profit of 29.5 to 34 million yuan [6][28] - The overseas order proportion has increased significantly, with nearly half of the current orders coming from international markets, enhancing revenue structure and profitability [6][30] 3. Strategic Cooperation with 星动纪元 - The partnership focuses on the commercialization and large-scale application of humanoid robots in logistics, aiming to redefine the industry landscape [40][41] - The collaboration is expected to lead to innovative solutions that integrate humanoid robotics with intelligent logistics and manufacturing systems [41][42] 4. Profit Forecast and Investment Recommendations - Revenue projections for 2025-2027 are estimated at 2.27 billion, 3.27 billion, and 4.35 billion yuan, with respective year-on-year growth rates of 62.85%, 44.05%, and 33.04% [7][56] - The report highlights a significant improvement in profitability, with net profits expected to rise sharply in the coming years [7][56]

Investment Rating - The report initiates coverage with a "Buy" rating for the company [7] Core Views - The company, 科捷智能, established in 2015, has expanded into intelligent logistics, intelligent manufacturing, and new energy sectors, successfully delivering over 1,000 projects in more than 20 countries [5][14] - The company has a robust order backlog, with orders amounting to 4.291 billion yuan as of Q3 2025, representing a year-on-year increase of 70% [6][26] - The company has terminated a share reduction plan by its second-largest shareholder, 顺丰投资, and has repurchased and canceled shares, boosting market confidence [5][20] Summary by Sections 1. Focus on Core Business and Robotics Layout - The company focuses on intelligent logistics and manufacturing, having successfully delivered projects across various industries including e-commerce and healthcare [14] - A strategic partnership with 星动纪元 was established to develop humanoid robots for logistics applications, marking a significant step in integrating robotics with intelligent logistics [14][40] 2. Strong Order Backlog and Expected Performance Turnaround - The company anticipates a turnaround in performance with projected revenues for 2025 ranging from 2.15 billion to 2.45 billion yuan, reflecting a year-on-year increase of 54% to 76% [6][28] - The company’s overseas orders have significantly increased, with a forecasted 200% rise in foreign revenue for 2025 compared to 2024 [30][37] 3. Strategic Cooperation with 星动纪元 - The partnership aims to commercialize humanoid robots in logistics, enhancing operational efficiency and addressing industry challenges [40][41] - The collaboration is expected to lead to innovative solutions that integrate technology and logistics, driving industry advancements [41][42] 4. Earnings Forecast and Investment Recommendations - Revenue projections for 2025-2027 are estimated at 2.27 billion, 3.27 billion, and 4.35 billion yuan, with respective year-on-year growth rates of 62.85%, 44.05%, and 33.04% [7][56] - The report highlights a significant improvement in profitability, with net profits expected to rise sharply in the coming years [7][56]

Group 1 - The core business of KJ Intelligent Technology Co., Ltd. includes providing intelligent logistics and manufacturing solutions, with a focus on design, research and development, production, sales, and services for both domestic and international clients [2] - The revenue composition of the company is as follows: intelligent warehousing systems 40.44%, intelligent sorting systems 40.19%, intelligent conveying systems 6.76%, intelligent factory systems 5.22%, others 3.79%, core equipment 3.57%, and information systems and solutions 0.03% [2] - As of September 30, the company reported a total revenue of 752 million yuan for the period from January to September 2025, representing a year-on-year growth of 14.31%, while the net profit attributable to shareholders was -59.39 million yuan, a decrease of 5.56% year-on-year [2] Group 2 - On January 26, KJ Intelligent's stock price increased by 4.26%, with a trading volume of 153 million yuan [1] - The financing data for January 26 shows that KJ Intelligent had a financing buy-in amount of 21.67 million yuan and a financing repayment of 25.59 million yuan, resulting in a net financing buy of -3.92 million yuan [1] - The total balance of margin trading for KJ Intelligent as of January 26 was 68.77 million yuan, which accounts for 2.45% of its circulating market value and is above the 80th percentile level over the past year, indicating a high level [1]

证券代码：688455 证券简称：科捷智能 公告编号：2026-002 注 1：科捷英华为公司实际控制人龙进军及其配偶喻习芹共同设立的合伙企业，龙进军作为 普通合伙人持有 99.8%、喻习芹作为有限合伙人持有 0.2%。 注 2：本次财产份额转让后，该财产份额转让方离职并退出合伙企业。 科捷智能科技股份有限公司 关于实际控制人受让员工持股平台 部分财产份额的公告 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、准确性和完整性依法承担法律责任。 近日，科捷智能科技股份有限公司（以下简称"公司"或"科捷智能"）收到公 司股东青岛科捷英贤投资管理中心（有限合伙）（以下简称"员工持股平台"）及 青岛科捷英华投资中心（有限合伙）（以下简称"科捷英华"）的通知，公司员工 持股平台的部分有限合伙人（以下简称"本次财产份额转让方"）与科捷英华签订 了《合伙份额转让协议》，并已完成工商变更手续。现将相关情况公告如下： 一、员工持股平台财产份额转让的基本情况 根据公司员工持股平台《合伙协议》的约定，有限合伙人可以将其在合伙企 业的财产份额向普通合伙人或普通合伙人指定的第三方转 ...

Core Viewpoint - KJ Intelligent has demonstrated strong growth potential through a dual benefit of significant revenue and profit increases, alongside a strategic partnership with Beijing Star Motion Era, indicating robust operational strength and a long-term growth vision for investors [1][5]. Financial Performance - KJ Intelligent's revenue is projected to reach between 2.15 billion to 2.45 billion yuan, representing a year-on-year increase of 54% to 76%, reflecting substantial improvements in market expansion and order fulfillment capabilities [2]. - The company expects a net profit attributable to shareholders of between 29.5 million to 34 million yuan, marking a successful turnaround from previous losses, indicating a positive trend in operational fundamentals [2]. - The non-recurring net profit is anticipated to be between 9 million to 13.5 million yuan, showing a significant recovery compared to the previous year, which underscores the strengthening of core business profitability [2]. Profitability and Margin Improvement - KJ Intelligent has made systematic upgrades in business structure, market positioning, and operational management, leading to a gross margin increase to over 14%, which solidifies the foundation for profitability [3]. - The company has shifted its focus to high-value, quality orders, resulting in a more than 200% year-on-year increase in overseas revenue, which now accounts for approximately 54% of total revenue, a 30 percentage point increase from the previous year [3]. - Cost control measures have led to a reduction in expense ratios by over 5 percentage points, contributing to enhanced profitability [3]. Strategic Partnership and Future Growth - The collaboration with Star Motion Era is aimed at advancing the integration of humanoid robots and smart logistics, addressing industry challenges and enhancing operational efficiency [4]. - The partnership will focus on joint research and development of core technologies and solutions tailored for logistics applications, with plans to expand into smart factories and renewable energy sectors in the future [4]. - This strategic alliance is expected to strengthen KJ Intelligent's technological barriers and enhance its global market presence, providing substantial growth momentum [5].