Group 1 - The core viewpoint of the article is the strategic cooperation agreement signed between Jiuzhou Yitu and China Electric Power Construction Group Chengdu Survey and Design Research Institute Co., Ltd. to enhance collaboration in the rail transit sector [2] - The partnership aims to leverage both parties' technical and market advantages in the rail transit field [2] - The collaboration will focus on market development, project fulfillment, and technical exchanges, promoting deep cooperation in the rail transit segment [2]

Major Events - Angli Education plans to sell 100% equity of Kensington Park School Limited for £80,000 (approximately 760,100 RMB) to Hong Kong KS Education Group Limited to alleviate operational difficulties and reduce financial impact [1] Regulatory Actions - Haohai Biological's controlling shareholder, Jiang Wei, received an administrative penalty notice from the China Securities Regulatory Commission (CSRC) for suspected insider trading, which does not impact the company's daily operations or finances [2] - Yunding Technology received a warning letter from the Shandong Securities Regulatory Bureau for inaccurate information disclosure in its 2015 annual report, involving former executives who are now subject to administrative measures [3] Corporate Actions - Yaoshi Technology announced that the last day for conversion of Yaoshi convertible bonds is September 17, after which unconverted bonds will be forcibly redeemed at 100.62 RMB per bond, potentially leading to investment losses for investors [4] - Kanghui Pharmaceutical intends to change its stock abbreviation from "Kanghui Pharmaceutical" to "Kanghui Co., Ltd." [5] Strategic Partnerships - Jiuzhou Yitu signed a strategic cooperation agreement with China Electric Power Construction Group Chengdu Survey and Design Institute to enhance collaboration in the rail transit sector [6] - Luxiao Technology's subsidiary signed a strategic cooperation agreement to jointly develop AI service robots for the U.S. and European markets, aiming to sell at least 1 million units between 2026 and 2028 [6] - China Shipbuilding Technology signed a green methanol sales contract worth approximately $40 million per year, with potential increases based on customer demand, starting supply in 2028 [6] - Haon Automotive received a product designation notice for ADAS perception systems and radar systems, estimating total revenue of approximately 2.477 billion RMB over a 5-year project lifecycle, with mass production expected to start in April 2026 [6] Shareholding Changes - Medi Technology's shareholder, Weng Kang, plans to reduce his stake by up to 1.7% of the company's total shares, while another shareholder, Wu Di, intends to reduce his holdings by up to 0.0047% [7] - Xinhua Co., Ltd.'s director, Fang Junwei, plans to reduce his holdings by up to 75,200 shares, representing no more than 0.039% of the company's total shares [7]

智通财经APP讯，九州一轨(688485.SH)发布公告，公司与中国电建集团成都勘测设计研究院有限公司 基础设施分公司(以下简称" 成都院基础设施分公司")签订战略合作协议，双方充分发挥在轨道交通领域 的技术和市场优势，以灵活的合作模式在轨道交通领域内开展市场开发、项目履约、技术交流等方面长 期战略合作，促进轨道交通版块业务的深度合作，构建可持续发展的战略合作关系。 ...

Group 1 - The company, Jiuzhou Yitu (688485.SH), has signed a strategic cooperation agreement with China Electric Power Construction Group Chengdu Survey and Design Research Institute Co., Ltd. (referred to as "Chengdu Institute Infrastructure Branch") [1] - The collaboration aims to leverage both parties' technical and market advantages in the rail transit sector [1] - The partnership will focus on long-term strategic cooperation in market development, project execution, and technical exchanges within the rail transit field [1]

证券代码：688485 证券简称：九州一轨 公告编号：2025-053 北京九州一轨环境科技股份有限公司 关于自愿披露与中国电建集团成都勘测设计研究院 有限公司基础设施分公司签订战略合作协议的公告 二、协议签订的基本情况 （一）协议对方的基本情况： 1、名称：中国电建集团成都勘测设计研究院有限公司基础设施分公司； 1 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。 北京九州一轨环境科技股份有限公司（以下简称"公司"或"九州一轨" ）与中国电建集团成都勘测设计研究院有限公司基础设施分公司（以下简称" 成都院基础设施分公司"）签订战略合作协议，双方充分发挥在轨道交通领域 的技术和市场优势，以灵活的合作模式在轨道交通领域内开展市场开发、项目 履约、技术交流等方面长期战略合作，促进轨道交通版块业务的深度合作，构 建可持续发展的战略合作关系。 一、协议签订背景 成都院基础设施分公司为中国电建集团成都勘测设计研究院有限公司（以 下简称"成都院"）"泛交通类业务"发展的主体责任单位，核心业务方向为 公路工程、市政交通、轨道交通与地下空间、机 ...

人民财讯9月16日电，九州一轨(688485)9月16日晚间公告，公司与中国电建集团成都勘测设计研究院有 限公司基础设施分公司（简称"成都院基础设施分公司"）签订战略合作协议，双方充分发挥在轨道交通 领域的技术和市场优势，以灵活的合作模式在轨道交通领域内开展市场开发、项目履约、技术交流等方 面长期战略合作，促进轨道交通版块业务的深度合作，构建可持续发展的战略合作关系。 转自：证券时报 ...

九州一轨公告，公司与中国电建集团成都勘测设计研究院有限公司基础设施分公司于2025年9月15日签 订了战略合作协议。双方将在轨道交通领域展开市场开发、项目履约、技术交流等方面的长期合作，促 进轨道交通板块业务的深度合作，构建可持续发展的战略合作关系。此次合作旨在充分发挥各自的技术 和市场优势，遵循优势互补、资源共享、协同创新、互利共赢的原则，共同推动轨道交通领域的发展。 协议为框架性约定，不涉及具体金额，预计不会对公司2025年业绩产生重大影响。 ...

Core Viewpoint - 九州一轨 (688485) reported a decline in total revenue for the first half of 2025, but showed improvement in profitability metrics such as gross margin and net margin compared to the previous year [1] Financial Performance - Total revenue for the first half of 2025 was 87.74 million yuan, a decrease of 24.58% year-on-year [1] - The net profit attributable to shareholders was -2.13 million yuan, an improvement of 86.21% year-on-year [1] - In Q2 2025, total revenue was 61.68 million yuan, down 11.14% year-on-year, while net profit attributable to shareholders was 3.89 million yuan, up 144.28% year-on-year [1] - Gross margin increased by 55.34% year-on-year, reaching 38.18%, while net margin improved by 70.37% to -4.03% [1] Cost and Efficiency Metrics - Total selling, administrative, and financial expenses amounted to 22.36 million yuan, accounting for 25.49% of revenue, an increase of 19.29% year-on-year [1] - The company’s earnings per share improved to -0.01 yuan, a 90.91% increase year-on-year [1] - Operating cash flow per share was -0.28 yuan, reflecting a 60.88% improvement year-on-year [1] Debt and Asset Management - Cash assets were reported at 501 million yuan, a 21.30% increase year-on-year [1] - Accounts receivable decreased by 9.61% year-on-year, amounting to 439 million yuan [1] - Interest-bearing debt significantly decreased by 77.98% to 3.30 million yuan [1] Business Model and Strategy - The company relies on R&D, marketing, and capital expenditure for its performance, necessitating careful evaluation of capital projects [2] - The company has a strong cash position, indicating good debt repayment capability [2] Company Background - 九州一轨 was established in July 2010, focusing on noise and vibration pollution prevention in rail transit [4] - The company has developed a mixed ownership structure involving state capital, research institutions, and venture capital, enhancing its R&D capabilities [4] - It became the first rail transit acoustic environmental protection company to be listed on the Sci-Tech Innovation Board in January 2023, marking a new phase of high-quality development [4]

一、持续督导工作情况 1 | 序号 | 工作内容 | 持续督导情况 | | --- | --- | --- | | 5 | 通过日常沟通、定期回访、现场检查、尽职调查等 方式开展持续督导工作 | | | | | 保荐机构通过日常沟通、定 期或不定期回访、现场检查 | | | | 等方式，了解九州一轨业务 | | | | 情况，对九州一轨开展了持 | | | | 续督导工作 | | 6 | 督导上市公司及其董事、监事、高级管理人员遵守 法律、法规、部门规章和上海证券交易所发布的业 | 保荐机构敦促上市公司及其 董事、监事、高级管理人员遵 | | | | 守法律、法规、部门规章要求 | | | 务规则及其他规范性文件，并切实履行其所做的各 | ，切实履行起所做出的各项 | | | 项承诺 | 承诺 | | 7 | 督导上市公司建立健全并有效执行公司治理制度， | 保荐机构敦促九州一轨持续 | | | 包括但不限于股东大会、董事会、监事会议事规则 | 健全完善公司治理制度，严 | | | 以及董事、监事和高级管理人员的行为规范等 | 格执行公司治理制度 | | 8 | 督导上市公司建立健全并有效执行内控制度，包括 ...

Meeting Details - The second meeting of the second supervisory board of Beijing Jiuzhou Yigui Environmental Technology Co., Ltd. was held on August 27, 2025, via a combination of telecommunication and on-site methods [1] - The meeting was attended by all three supervisory board members, with Liu Jinghua presiding [1] Resolutions Passed - The supervisory board approved the internal audit work report for the second quarter of 2025, with a unanimous vote of 3 in favor [1] - The supervisory board also approved the full and summary report for the first half of 2025, confirming that the report's preparation and review procedures complied with relevant laws and regulations, and accurately reflected the company's operational and financial status [2]