Group 1 - The core point of the article is that Kosi Technology (SH 688788) announced the unfreezing of shares held by its controlling shareholder, Liu Jiande, which significantly impacts the company's shareholding structure [1] - Liu Jiande holds a total of 59,769,474 shares, representing 38.10% of the company's total equity, with 53,132,672 shares (88.90% of his holdings) being unfrozen, which accounts for 33.87% of the total equity [1] - 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 equity [1] Group 2 - For the fiscal year 2024, Kosi Technology's revenue composition is as follows: civilian products account for 57.79%, military products for 41.73%, and other businesses for 0.48% [1] - As of the report, Kosi Technology has a market capitalization of 8.9 billion yuan [2]

证券代码：688788 证券简称：科思科技 公告编号：2025-082 深圳市科思科技股份有限公司 关于完成工商变更登记并换发营业执照的公告 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 承担个别及连带责任。 深圳市科思科技股份有限公司（以下简称"公司"）于 2025 年 9 月 10 日召开 第四届董事会第三次会议，审议通过了《关于变更公司注册资本、修订<公司章 程>并办理工商变更登记的议案》。具体情况详见公司于 2025 年 9 月 11 日在上 海证券交易所网站（www.sse.com.cn）披露的《关于变更公司注册资本、修订< 公司章程>并办理工商变更登记的公告》（公告编号：2025-079）。 2、统一社会信用代码：91440300758626314J 3、类型：股份有限公司（上市、自然人投资或控股） 4、法定代表人：刘宗林 5、注册资本：15,687.4408 万元 6、成立日期：2004 年 2 月 27 日 7、地址：深圳市南山区粤海街道高新区社区科苑南路 3156 号深圳湾创新科 技中心 2 栋 A ...

Market Overview - The military electronics sector experienced a decline of 1.28% on September 15, with Kesi Technology leading the drop [1] - The Shanghai Composite Index closed at 3860.5, down 0.26%, while the Shenzhen Component Index closed at 13005.77, up 0.63% [1] Stock Performance - Notable gainers in the military electronics sector included: - *ST Wanfang (000638): Closed at 4.41, up 2.08% with a trading volume of 129,000 shares and a turnover of 56.43 million yuan [1] - Aopu Optoelectronics (002338): Closed at 49.95, up 1.01% [1] - Turei Technology (600562): Closed at 27.80, up 0.72% [1] - Major decliners included: - Kesi Technology (688788): Closed at 55.17, down 4.72% with a trading volume of 75,200 shares and a turnover of 418 million yuan [2] - Xinguang Optoelectronics (688011): Closed at 42.25, down 3.85% [2] - Jinxin Nuo (300252): Closed at 15.52, down 3.78% with a trading volume of 1,328,900 shares and a turnover of 2.084 billion yuan [2] Capital Flow - The military electronics sector saw a net outflow of 1.668 billion yuan from institutional investors, while retail investors contributed a net inflow of 1.217 billion yuan [2]

Core Viewpoint - The company operates in an industry characterized by long settlement cycles, resulting in a relatively large scale of accounts receivable [2] Group 1: Accounts Receivable Management - The company has robust contracts that provide more security compared to ordinary commercial contracts, ensuring the safety of receivables due to the strong creditworthiness of major clients [2] - Current collection status meets expectations, and the company is continuously enhancing accounts receivable management by refining collection efforts and strengthening the collection of long-aged receivables [2] - The company has sufficient capital reserves to meet long-term funding needs [2] Group 2: Bad Debt Provisions - The company will strictly adhere to accounting standards and relevant regulations when assessing and provisioning for bad debts, taking into account operational management, market environment changes, and other factors [2]

Core Viewpoint - The company is focused on enhancing product competitiveness through increased investment in research and development, particularly in the areas of automation and intelligence [1] Group 1: R&D Focus - The company is concentrating on key areas such as intelligent unmanned equipment, smart wireless communication, and intelligent communication chips [1] - Continuous investment in various fields including computer and network technology, communication, software, cloud computing, virtual reality, artificial intelligence, smart decision-making, and chip design is emphasized [1] Group 2: Management Confidence - The management team expresses strong confidence in the company's future development and is committed to delivering positive operating results to reward investors' trust and support [1]

Group 1 - The company is actively cooperating with local government departments and third-party project construction agencies [1] - The company has obtained the "Confirmation of Successful Bidding for State-owned Construction Land Use Rights" from the Nanjing Planning and Natural Resources Bureau [1] - The company is preparing for trial pile work and is committed to completing the project within the planned timeline [1] Group 2 - The company has sufficient funds to meet the construction needs of the project [1] - The company implements a special account storage system for raised funds, ensuring strict regulation of fund storage, usage, project management, and supervision [1] - The project is expected to enhance overall production capacity and positively impact future operating performance, although specific effects depend on various factors [1]

证券日报网讯科思科技9月12日在互动平台回答投资者提问时表示，公司将人工智能与业务产品深度融 合，持续聚焦于智能无人系统装备、智能无线通信、芯片相关项目的研发，应用于智能感知、智能决 策、信息共享、态势呈现等智能化场景，智能无人产品形态已覆盖海陆空全域场景。公司将继续紧跟行 业前沿，推动技术落地与业务拓展。目前公司已有项目在洽谈对接过程中，具体情况请关注公司后续披 露的临时或定期报告。 ...

证券日报网讯 科思科技9月12日在互动平台回答投资者提问时表示，公司所处行业普遍具有结算周期较 长的特点，因此应收账款规模相对较大。但同时公司签订的合同比普通的商业合同更有保障，公司的主 要客户实力雄厚、信誉良好，可以保证回款的安全性，坏账风险小。目前公司回款情况符合预期，公司 也在持续加强应收账款管理，细化催收工作，强化长账龄应收款项的催收力度，优化交货周期和资金回 款账期。公司目前的资金储备量充足，可以满足公司长期发展的资金需求。关于坏账计提比例，公司将 严格依照会计准则及相关法规要求，结合经营管理实际、市场环境变化等因素进行综合评估，并合理计 提资产减值准备。 （编辑 姚尧） ...

证券日报网讯 科思科技9月12日在互动平台回答投资者提问时表示，2025年半年度，公司营业收入较上 年同期大幅上升，但公司仍然保持较高的研发投入，业务发展相关费用增加，同时计提了适当的资产减 值准备，导致公司利润亏损。公司将通过持续的技术积累和产品迭代，加强公司在智能化、无人化方向 的系统级解决能力，进一步增强产品竞争力与应用潜力。随着未来相关技术日益成熟、应用场景持续拓 展以及市场需求的不断释放，公司有望通过新产品研发、现有产品升级迭代以及新市场开拓等方式，将 技术优势转化为可持续的业务增长，从而不断提升经营质量与盈利能力。公司管理层对未来发展充满信 心，将持续聚焦核心技术、优化资源配置，积极把握行业发展机遇，努力以良好的业绩回报广大投资者 的信任与支持。 （编辑 姚尧） ...

Group 1 - The core point of the news is that Kesi Technology (SH 688788) announced that shareholder Liu Jiande has had approximately 59.77 million shares frozen, accounting for 38.1% of the company's total share capital [1] - As of the announcement date, Kesi Technology's market capitalization is 9.1 billion yuan [2] - For the fiscal year 2024, Kesi Technology's revenue composition is as follows: civilian products account for 57.79%, military products account for 41.73%, and other businesses account for 0.48% [1]