科思科技公告，2025年上半年营业收入1.54亿元，同比增长40.54%。归属于上市公司股东的净亏损1.09 亿元，同比减少22.23%。基本每股收益为-0.6966元／股，同比增加22.20%。 ...

证券代码：688788 证券简称：科思科技 公告编号：2025-071 深圳市科思科技股份有限公司 关于公司及子公司拟重新签署租赁合同的公告 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： 一、交易概述 公司及控股子公司高芯思通于2024年12月与深圳湾科技发展有限公司签署 《房屋租赁合同》及补充协议，租赁深圳市南山区深圳湾创新科技中心一期 2 栋 A 座（研发）20 层部分、21 层整层、23 层整层，租赁房屋建筑面积共计 6,403.34 ㎡，用于研发办公，租期自 2024 年 12 月 31 日起至 2029 年 12 月 30 日止，租金 总额约为 3,318.63 万元（含税，不含水电费、物业管理费等其他费用），具体内 容详见公司于 2024 年 12 月 28 日在上海证券交易所网站（www.sse.com.cn）披 深圳市科思科技股份有限公司（以下简称"公司"或"科思科技"）及 控股子公司深圳高芯思通科技有限公司（以下简称"高芯思通"）拟进 行办公布局优化调整，双方拟与深 ...

Core Viewpoint - Recent investigations and detentions of executives from multiple listed companies highlight the regulatory authorities' commitment to maintaining market order and addressing illegal activities within the corporate sector [1][7]. Group 1: Company Investigations - Xi Ling Information announced that its general manager, Yue Yamei, is under investigation by the Alashankou Municipal Supervisory Committee [1]. - Kesi Technology disclosed that its actual controller, Liu Jiande, is also under detention and investigation [1]. - Dameng Data reported that its director and general manager, Pi Yu, is under investigation and detention by the Hubei Province Supervisory Committee [1]. - Yaqi International's chairman, Guo Baichun, has been arrested on charges of embezzlement and abuse of power [1]. Group 2: Financial Performance and Challenges - Xi Ling Information has faced significant financial difficulties, with net profits from 2020 to 2024 showing losses of -136 million, -85 million, -61 million, -40 million, and -61 million yuan, totaling nearly 400 million yuan in cumulative losses [3]. - The company has been struggling since 2020, indicating severe challenges to its survival [3]. Group 3: Shareholding Changes - As of mid-2025, the combined shareholding of the controlling couple, He Kaiwen and Yue Yamei, is 32.69%, with plans for a change in control [4]. - He Kaiwen plans to transfer 36.38 million shares (19.00% of total shares) to Shanghai Shengxun, while both He and Yue will transfer 11.59 million shares (6.06% of total shares) to Shanghai Jinzongyi [4]. - The total transaction price for these share transfers is approximately 721 million yuan, with a share price of 15.02 yuan [4]. Group 4: Regulatory Environment - Since 2025, at least 20 listed companies have had their actual controllers, chairpersons, or general managers detained or investigated, reflecting a stringent regulatory environment [7]. - The regulatory authorities have shown a commitment to addressing serious violations, with a notable increase in penalties and investigations targeting key individuals within companies [9].

Core Viewpoint - The article highlights a series of investigations and legal actions against executives of various listed companies in China, indicating a strong commitment from regulatory and judicial bodies to maintain market order and integrity [1][14]. Group 1: Company Investigations - On August 19, 2025, several companies announced that their executives were under investigation, including Xi Ling Information, Kesi Technology, and Dameng Data, with actions such as detention and formal investigations being reported [1]. - Since 2025, at least 20 listed companies in the Shanghai and Shenzhen stock exchanges have had their actual controllers, chairpersons, or general managers detained or investigated for legal violations [14]. Group 2: Xi Ling Information - Xi Ling Information, a leading private big data service provider in Xinjiang, has faced significant financial challenges, reporting cumulative losses of nearly 400 million yuan from 2020 to 2024 [7]. - The company has been involved in a planned change of control, with its actual controllers, He Kaiwen and Yue Yamei, signing a share transfer agreement to transfer a total of 19.00% and 6.06% of the company's shares to Shanghai Shengxun and Shanghai Jinzhongyi, respectively, for a total transaction price of 721 million yuan [9]. Group 3: Regulatory Actions - The article outlines the criteria for implementing detention measures under the Supervision Law, which include the severity of the alleged crime, the existence of evidence, and specific circumstances that warrant such actions [13]. - Regulatory bodies have shown a trend of swiftly adjusting measures after clarifying facts in cases of executive misconduct, as seen in the case of Huakang Clean, where the chairman was released from detention shortly after being investigated [14]. Group 4: Broader Regulatory Environment - The regulatory environment has tightened, with a significant increase in penalties against executives for misconduct, reflecting a commitment to uphold market integrity. In 2024, the China Securities Regulatory Commission dealt with 989 cases involving key individuals, marking a 21% increase year-on-year, with fines totaling 2.81 billion yuan, a 63% increase [15].

Market Overview - The military electronics sector experienced a slight decline of 0.17% on August 21, with Kesi Technology leading the drop [1] - The Shanghai Composite Index closed at 3771.1, up 0.13%, while the Shenzhen Component Index closed at 11919.76, down 0.06% [1] Stock Performance - Notable gainers in the military electronics sector included: - Yiyuan Technology (688081) with a closing price of 26.39, up 4.76% on a trading volume of 71,700 shares and a turnover of 184 million [1] - AVIC Chengfei (302132) closed at 90.11, up 2.65% with a trading volume of 298,700 shares and a turnover of 2.664 billion [1] - Conversely, Kesi Technology (688788) saw a significant decline of 6.65%, closing at 72.43 with a trading volume of 105,300 shares and a turnover of 807 million [2] Capital Flow - The military electronics sector experienced a net outflow of 1.649 billion from institutional investors, while retail investors saw a net inflow of 1.052 billion [2][3] - Key stocks with notable capital flows included: - Huafeng Technology (688629) with a net inflow of 147 million from institutional investors, but a net outflow of 36.57 million from retail investors [3] - New Jingang (300629) had a net inflow of 75.999 million from institutional investors, but a significant outflow of 772.579 million from retail investors [3]

Core Viewpoint - Shenzhen Kesi Technology Co., Ltd. has signed a sales framework contract with Beijing Tianyuan Innovation Technology Co., Ltd., with a maximum procurement amount of RMB 401,180,000 (including tax), which is expected to have a significant positive impact on the company's operating performance if successfully executed [2][3][13]. Contract Details - Contract Type: Sales framework contract [2] - Contract Amount: The maximum procurement amount is RMB 401,180,000 (including tax), with actual sales amounts to be determined by subsequent specific subcontracts [2][9]. - Contract Duration: The contract is effective for 2 years from the date of signing [3][11]. Impact on Company Performance - The contract is expected to significantly enhance the company's operating performance and industry influence if the contract and subsequent subcontracts are successfully executed, although the impact on the company's 2025 revenue remains uncertain [3][13]. Counterparty Information - Counterparty: Beijing Tianyuan Innovation Technology Co., Ltd., a limited liability company with a registered capital of RMB 30 million, established on September 19, 2006 [7]. - Relationship: There is no related party relationship between the counterparty and the company or its subsidiaries [8]. Risk Analysis - The actual performance amount of the contract is subject to significant uncertainty due to factors such as project implementation, bidding outcomes, and payment obligations from the final customer [4][14]. - External factors such as macroeconomic changes, industry policy adjustments, and market environment changes may affect contract execution [4][14].

Core Viewpoint - The stock price of Kesi Technology (688788) dropped significantly by 12.87% to 77.59 yuan per share on August 20, following the news of its actual controller and director Liu Jiande being detained, raising concerns about the company's operational pressures and future prospects [1][3]. Group 1: Stock Performance - On August 20, Kesi Technology opened at a limit-down price of 71.24 yuan per share, briefly recovering before hitting the limit-down again, closing at 77.59 yuan per share with a total market value of 12.19 billion yuan and a trading volume of 1.039 billion yuan [3]. - The stock experienced a significant decline due to the negative news surrounding Liu Jiande, impacting investor sentiment and leading to a sharp drop in share price [1][3]. Group 2: Company Governance and Management - Liu Jiande, a co-founder of Kesi Technology, has been in key management roles since 2004 and currently holds 37.93% of the company's shares, making him the controlling shareholder [4][5]. - Following Liu Jiande's detention, the company stated that its governance structure and internal control mechanisms remain intact, with other board members and senior management continuing their duties normally [3][6]. Group 3: Financial Performance - Kesi Technology has faced declining financial performance, with revenues of approximately 6.55 billion yuan and 6.17 billion yuan in 2020 and 2021, respectively, followed by a significant revenue drop of 62.2% in 2022 [6][7]. - The company reported net losses from 2022 to 2024, with net profits of -1.97 billion yuan, -2.03 billion yuan, and -2.68 billion yuan, respectively, indicating ongoing operational challenges [7]. - In Q1 2025, Kesi Technology reported a revenue increase of 45.24% to approximately 20.76 million yuan, but still faced a net loss of about -58.35 million yuan, highlighting the struggle to achieve profitability despite revenue growth [7][8].

Core Viewpoint - The stock price of Kesi Technology (688788) dropped significantly by 12.87% to 77.59 CNY per share on August 20, following the news of its controlling shareholder and director Liu Jiande being detained, raising concerns about the company's operational pressures and future prospects [1][3]. Group 1: Stock Performance - On August 20, Kesi Technology opened at a limit-down price of 71.24 CNY per share, briefly recovering before hitting the limit-down again, ultimately closing at 77.59 CNY per share with a total market value of 12.19 billion CNY and a trading volume of 1.039 billion CNY [3]. - The company has faced significant stock price volatility due to the detention of its controlling shareholder, which has led to investor concerns about its future [1][3]. Group 2: Company Governance and Management - Kesi Technology announced that it received a notice regarding Liu Jiande's detention and investigation, which prevents him from fulfilling his duties as a director. However, the company stated that its governance structure and internal controls remain intact, with other board members and management continuing their roles normally [3][6]. - Liu Jiande has been serving as the chairman, general manager, and core technical personnel since July 20, 2022, with his term set to end on July 19, 2025 [6][8]. Group 3: Financial Performance - Kesi Technology has experienced declining financial performance, with a significant drop in revenue and consecutive net losses in recent years. In 2022, the company reported a 62.2% decrease in revenue and transitioned to a net loss [6][8]. - The company's revenue figures for 2022 to 2024 are approximately 233 million CNY, 236 million CNY, and 235 million CNY, with corresponding net losses of approximately 197 million CNY, 203 million CNY, and 268 million CNY, respectively [8]. - In the first quarter of 2025, Kesi Technology reported revenue of approximately 20.76 million CNY, a year-on-year increase of 45.24%, but still posted a net loss of approximately 58.35 million CNY [8].

Group 1 - The company, Kexin Technology, announced a sales framework contract with Beijing Tianyuan Innovation Technology Co., Ltd. for a comprehensive information integration service project [2] - The maximum procurement amount of the contract is set at RMB 401,180,000.00 (including tax), while the actual sales amount will be determined by subsequent specific subcontracts signed by both parties [2]

Core Viewpoint - The sudden investigation of Liu Jiande, the actual controller and director of Kesi Technology, has led to a significant market reaction, with the company's stock price dropping by 20% and a market value loss exceeding 2.8 billion yuan in a single day, highlighting deep concerns over governance stability [1][2]. Group 1: Governance and Leadership Changes - Liu Jiande's investigation raises suspicions of potential misconduct, as the timing of his resignation as general manager and the failure to be re-elected as chairman suggest a prelude to the current crisis [2]. - Liu Jiande holds a 37.93% stake in Kesi Technology, making his personal crisis closely tied to the company's fate, as he is the core designer of the company's strategic transformation [2]. Group 2: Financial Performance and Risks - Kesi Technology has reported a cumulative net loss of over 700 million yuan from 2022 to 2024, with a 31.94% year-on-year increase in losses for 2024, amounting to 292 million yuan [2]. - The company’s revenue for Q1 2025 grew by 45.24%, yet it still faced a net loss of 58.35 million yuan, indicating a severe imbalance between R&D investment and output [2][3]. - As of the end of 2024, accounts receivable reached 746 million yuan, accounting for 214% of revenue, with 74% of these receivables overdue by more than one year [3]. Group 3: Strategic and Operational Challenges - The company has diverted 53.85% of its IPO funds, exceeding 1.9 billion yuan, to cover operational losses and debt repayment, while key projects have been stalled for years [4]. - The planned construction of the electronic information equipment production base has been delayed for four years, and the R&D technology center has made no progress, pushing completion to 2026 [4]. - Despite a 113% growth in new business areas like intelligent unmanned systems, their revenue contribution remains insufficient to support the overall business, exacerbating the financial losses [4].