Group 1 - The company has confirmed that it has not been disqualified as a supplier by any partner or official organization as of September 25 [2] - All relevant qualifications of the company are currently valid, and business cooperation is proceeding normally [2] - The company's various business operations and bidding activities are being conducted in an orderly manner [2]

Core Insights - On September 25, a total of 33 stocks were involved with institutional investors, with 14 showing net buying and 19 showing net selling [1] Group 1: Institutional Buying - The top three stocks with the highest net buying by institutions were Kesi Technology (科思科技) with a net purchase of 141 million yuan, Inspur Information (浪潮信息) with 130 million yuan, and Lixing Co. (力星股份) with 113 million yuan [1][2] - Kesi Technology experienced a price decline of 1.97%, while Inspur Information and Lixing Co. saw price increases of 9.99% and 7.05%, respectively [2] Group 2: Institutional Selling - The top three stocks with the highest net selling by institutions were Huagong Technology (华工科技) with a net outflow of 155 million yuan, Zhongheng Electric (中恒电气) with 144 million yuan, and United Power (联合动力) with 80 million yuan [1][4] - Huagong Technology had a price increase of 10.00%, while Zhongheng Electric and United Power saw price increases of 7.42% and 147.60%, respectively [4]

证券代码：688788 证券简称：科思科技 公告编号：2025-083 深圳市科思科技股份有限公司 股票交易严重异常波动公告 本公司董事会及除刘建德先生外董事会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： 深圳市科思科技股份有限公司（以下简称"公司"）股票交易连续 30 个交易日内（2025 年 8 月 20 日至 2025 年 9 月 25 日）内日收盘价格跌幅偏离值 累计达到 70%，根据《上海证券交易所交易规则》《上海证券交易所科创板股票 异常交易实时监控细则》（以下简称《实时监控细则》）的有关规定，属于股票 交易严重异常波动情形。 经公司自查，截至本公告披露日，除在指定媒体上已公开披露的信息外， 公司不存在应披露而未披露的重大信息。 截至 2025 年 9 月 25 日，公司收盘价为 54.85 元/股。根据中证指数有限 公司官网发布的数据显示，截至 2025 年 9 月 25 日，公司所属的行业分类"C39 计算机、通信和其他电子设备制造业"滚动市盈率为 55.10。由于 2024 年度经审 计净利润为负， ...

格隆汇9月25日｜深圳市科思科技股份有限公司股票交易连续30个交易日内内日收盘价格跌幅偏离值累 计达到70%，根据《上海证券交易所交易规则》《上海证券交易所科创板股票异常交易实时监控细则》 的有关规定，属于股票交易严重异常波动情形。科思科技股票交易严重异常波动公告，经公司自查，截 至本公告披露日，除在指定媒体上已公开披露的信息外，公司不存在应披露而未披露的重大信息。 ...

| 交易日期 | 证券简称 | 证券代码 | 成交价(元) 成交金额(万元) 成交量( * ) 买入营业部 | | | | | 卖出营业部 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | | | | | 中信证券股份有限 公司上海分公司 | | | | 2025-09-25 | 科思科技 | 688788 | 50.91 | 763.65 | | | 中信证券股份有限 公司深圳深业上城 | | 9月25日，科思科技大宗交易成交15万股，成交额763.65万元，占当日总成交额的4.93%，成交价50.91元，较市场收盘价54.85元折价7.18%。 ...

Core Viewpoint - Kosi Technology has signed a cooperation framework agreement with China Machinery Emergency Industry Co., Ltd. to jointly explore international markets and promote Chinese smart emergency equipment and services abroad [1] Group 1 - The partnership aims to establish an emergency industry service network covering international markets [1]

Core Viewpoint - Kesi Technology (688788.SH) reported a significant increase in revenue for the first half of 2025, but continued to face net losses, indicating ongoing financial challenges despite revenue growth [1][2]. Financial Performance - The company achieved operating revenue of 154.46 million yuan, representing a year-on-year increase of 40.54% [1][2]. - The net profit attributable to shareholders was -108.72 million yuan, an improvement from -139.79 million yuan in the same period last year, reflecting a decrease in losses by 22.23% [1][2]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -113.17 million yuan, also showing a reduction in losses compared to -140.04 million yuan last year, a 19.19% improvement [1][2]. - The net cash flow from operating activities was -148.46 million yuan, worsening from -26.15 million yuan in the previous year, indicating a significant decline of 467.72% [1][2]. Historical Financial Data - From 2022 to 2024, the company's projected operating revenues are 233 million yuan, 236 million yuan, and 235 million yuan respectively, while net profits attributable to shareholders are forecasted to be -197 million yuan, -203 million yuan, and -268 million yuan [2]. - The net profit after deducting non-recurring gains and losses is expected to be -205 million yuan, -227 million yuan, and -292 million yuan for the same period [2]. - The net cash flow from operating activities is projected to be -12.84 million yuan, -129 million yuan, and -70.51 million yuan [2]. IPO and Fundraising - Kesi Technology was listed on the Shanghai Stock Exchange's Sci-Tech Innovation Board on October 22, 2020, with an initial issuance of 18.88 million shares at a price of 106.04 yuan per share [3]. - The company raised a total of 2 billion yuan, with a net amount of 1.91 billion yuan after deducting issuance costs, exceeding the original fundraising plan by 604 million yuan [3]. - The funds raised are intended for the construction of military electronic information equipment production bases, R&D technology centers, and to supplement working capital [3].

Group 1 - The controlling shareholder and actual controller, Mr. Liu Jiande, holds 59,769,474 shares, accounting for 38.10% of the total share capital. The recent unfreezing of 53,132,672 shares represents 88.90% of his holdings and 33.87% of the company's total share capital [2][3] - After the unfreezing, Mr. Liu retains 6,636,802 shares under judicial freeze, which is 11.10% of his holdings and 4.23% of the company's total share capital [2][3] - The shares were previously frozen due to a personal civil debt dispute involving Mr. Liu, which led to a court-ordered preservation [2][3] Group 2 - The company has confirmed that the unfreezing of shares will not affect the stability of control or the ongoing operations and governance of the company [2][3] - The company maintains independence in business, personnel, assets, institutions, and finance from Mr. Liu, ensuring normal operations and governance structures [2][3] - The company will closely monitor changes in Mr. Liu's shareholding status and fulfill information disclosure obligations as required by laws and regulations [3] Group 3 - The company has completed the registration of changes in registered capital and amendments to the Articles of Association, obtaining a new business license [6][7] - The registered capital of the company is 156,874,408 yuan, and it operates in various sectors including investment, trade, and technology development [6][7] - The company is involved in the design, development, and sales of various electronic and communication systems and devices [6][7]

Core Points - Kesi Technology announced that its controlling shareholder and actual controller, Liu Jiande, holds 59,769,474 shares, accounting for 38.10% of the company's total share capital [2] - A total of 53,132,672 shares have been unfrozen, representing 88.90% of Liu Jiande's holdings and 33.87% of the company's total share capital [2] - After the unfreezing, Liu Jiande has 6,636,802 shares still frozen, which is 11.10% of his holdings and 4.23% of the company's total share capital [2]

Group 1 - The company announced that it will hold the third meeting of the fourth board of directors on September 10, 2025, to review the proposal for changing the registered capital and amending the articles of association [2] - The company has recently completed the registration change related to the registered capital and the amendment of the articles of association, and has obtained a new business license from the Shenzhen Market Supervision Administration [2]