Core Viewpoint - Beijing Keri is a significant player in the domestic distribution and control equipment sector, focusing on R&D and production of related devices, with certain technological and product advantages [1] Group 1: Company Overview - Founded on July 17, 1993, and listed on the Shenzhen Stock Exchange on February 3, 2010, with its registered and office address in Beijing [1] - The company operates in the power equipment industry, specifically in distribution equipment, involving high voltage, power IoT, hydrogen energy nuclear fusion, superconductivity, and nuclear power concepts [1] - Main business includes R&D, production, and sales of 12kV distribution and control equipment, with key products like ring main units and box-type substations [1] Group 2: Financial Performance - For Q3 2025, Beijing Keri reported revenue of 1.438 billion yuan, ranking 13th out of 26 in the industry, below the industry leader, Chint Electric, at 46.396 billion yuan, and the second, Samsung Medical, at 11.08 billion yuan [2] - The net profit for the same period was 35.8382 million yuan, ranking 19th out of 26, significantly lower than Chint Electric's 5.656 billion yuan and Samsung Medical's 1.507 billion yuan [2] Group 3: Financial Ratios - As of Q3 2025, the asset-liability ratio was 41.62%, up from 34.55% year-on-year, and above the industry average of 40.49% [3] - The gross profit margin for Q3 2025 was 22.36%, an increase from 20.42% year-on-year, but still below the industry average of 23.98% [3] Group 4: Executive Compensation - The chairman, Fu Xiaodong, received a salary of 1.69 million yuan in 2024, a decrease of 101,200 yuan from 2023 [4] - The general manager, Zhu Ming, earned 930,700 yuan in 2024, an increase of 19,200 yuan from the previous year [4] Group 5: Shareholder Information - As of September 30, 2025, the number of A-share shareholders decreased by 7.02% to 33,200 [5] - The average number of circulating A-shares held per shareholder increased by 7.54% to 16,000 [5]

Core Viewpoint - The company has released its third-quarter financial report for 2025, which reflects its financial status and operational results for the first three quarters of the year [15][16]. Financial Data - The company reported a significant increase in accounts receivable notes, with a year-end balance increase of 3.4237 million yuan, representing a growth of 964.82% due to an increase in commercial acceptance bills [6]. - Accounts receivable financing decreased by 90.6881 million yuan, a reduction of 74.71%, primarily due to a decrease in bank acceptance bills [6]. - Prepayments increased by 28.1959 million yuan, a growth of 130.84%, attributed to an increase in contract prepayments during the reporting period [6]. - Other receivables rose by 21.0956 million yuan, a growth of 51.42%, mainly due to an increase in equity transfer receivables [6]. - Other current assets increased by 11.0202 million yuan, a growth of 63.38%, due to an increase in prepaid expenses [6]. - Short-term borrowings increased by 26.0033 million yuan, a growth of 47.24%, due to new liquidity loans [6]. - Contract liabilities increased by 14.6255 million yuan, a growth of 48.66%, due to an increase in customer prepayments [6]. - Employee compensation payable decreased by 14.0146 million yuan, a reduction of 43.17%, due to the payment of performance bonuses from the previous period [7]. - Other payables decreased by 8.8362 million yuan, a reduction of 47.07%, due to the write-off of some accrued expenses from the previous year [7]. - Investment income increased by 0.8659 million yuan, a growth of 30.07%, due to increased investment income from the disposal of subsidiaries [8]. - The net cash flow from investment activities increased by 14.0235 million yuan, a growth of 162.09%, mainly due to reduced investment expenditures [9]. Shareholder Information - As of the end of the reporting period, the company held 30,593,992 shares in its repurchase account, accounting for 5.64% of the total share capital [10]. - The company plans to repurchase shares with a total amount not less than 50 million yuan and not exceeding 100 million yuan, with a maximum repurchase price of 9.90 yuan per share [11]. Other Important Matters - The company has changed its website and investor email address to better suit its operational needs [12]. - The company plans to implement a second employee stock ownership plan, with a total of up to 27 million shares available for purchase at a price of 4.18 yuan per share [12].

（文章来源：证券日报） 证券日报网讯 10月28日晚间，北京科锐发布2025年第三季度报告称，2025年前三季度公司实现营业收 入1，437，882，516.56元，同比增长14.16%；归属于上市公司股东的净利润为28，989，797.52元，同 比增长1417.63%。 ...

上证报中国证券网讯 10月28日晚间，北京科锐发布2025年三季报。报告显示，公司前三季度营业收入 为14.38亿元，同比增长14.16%；归母净利润为2898.98万元，同比增长1417.63%。其中第三季度，公司 营业收入5.0亿元，同比上升0.49%；单季度归母净利润1199.84万元，同比下降12.77%。（叶松） ...

智通财经APP讯，北京科锐(002350.SZ)发布2025年三季度报告，前三季度，公司实现营业收入14.38亿 元，同比增长14.16%。归属于上市公司股东的净利润2898.98万元，同比增长1417.63%。归属于上市公 司股东的扣除非经常性损益的净利润2456.89万元，同比增长543.43%。 ...

此外，随着电力体制改革的持续推进，北京科锐近年来在巩固配电设备产品领域优势的同时，积极布局IGBT、光储充氢 技术，并联合业内头部企业，积极探索发展新能源业务和综合能源服务业务，努力为全行业合作伙伴提供从新能源发电、储 能、充电、氢能运用、综合能源管理等一体化解决方案。 （编辑 郭之宸） 本报讯 （记者贺王娟）10月28日，北京科锐集团股份有限公司（以下简称"北京科锐"）披露2025年三季报。公告显示，前 三季度北京科锐实现营业收入14.38亿元，同比增长14.16%，归属于上市公司股东的净利润为0.29亿元，同比增长1417.63%。 据悉，北京科锐主营产品以配电设备为核心，以国家电网公司、南方电网公司市场为主战场，同时大力拓展储能、光伏等 新能源市场。该公司配电设备产品或服务大部分通过招投标方式供应给国家电网公司和南方电网公司，另外部分产品应用于轨 道交通、冶金、石化、煤炭等领域以及用户工程领域。 ...

每经头条（nbdtoutiao）——A股突破4000点！十年沉寂终迎爆发，科技主线重塑市场，"慢牛"新格局开 启！ （记者 曾健辉） 截至发稿，北京科锐市值为42亿元。 每经AI快讯，北京科锐（SZ 002350，收盘价：7.72元）10月28日晚间发布三季度业绩公告称，2025年 前三季度营收约14.38亿元，同比增加14.16%；归属于上市公司股东的净利润约2899万元，同比增加 1417.63%；基本每股收益0.0563元，同比增加1463.89%。 ...

（记者 王晓波） 每经AI快讯，北京科锐（SZ 002350，收盘价：7.72元）10月28日晚间发布公告称，公司第八届第十七 次董事会会议于2025年10月27日以现场及通讯方式召开。会议审议了《2025年第三季度报告》等文件。 2025年1至6月份，北京科锐的营业收入构成为：配电及控制设备占比99.55%，其他业务占比0.45%。 截至发稿，北京科锐市值为42亿元。 每经头条（nbdtoutiao）——A股突破4000点！十年沉寂终迎爆发，科技主线重塑市场，"慢牛"新格局开 启！ ...

南方财经10月28日电，北京科锐(002350.SZ)发布2025年第三季度报告，第三季度营收为5.00亿元，同比 增长0.49%；净利润为1199.84万元，同比下降12.77%。前三季度营收为14.38亿元，同比增长14.16%； 净利润为2898.98万元，同比增长1417.63%。业绩大幅增长主要因公司处置子公司确认投资收益、公允 价值变动损失减少以及信用减值计提同比增加影响减亏，同时政府补助和其他营业外收入增长带动盈利 显著改善。 ...

证券代码：002350 证券简称：北京科锐 公告编号：2025-085 表决结果：全体董事以 9 票同意、0 票反对、0 票弃权通过该议案。 本议案已由公司董事会审计委员会 2025 年第五次会议审查通过。 二、备查文件 北京科锐集团股份有限公司（以下简称"公司"）第八届董事会第十七次会 议于 2025 年 10 月 27 日 15:30 以现场及通讯方式召开，会议通知于 2025 年 10 月 21 日以邮件及微信方式送达。本次会议应到董事 9 名，实到董事 9 名。会议由公 司董事长付小东先生主持。本次会议符合《中华人民共和国公司法》《北京科锐 集团股份有限公司章程》《北京科锐集团股份有限公司董事会议事规则》的规定， 会议的召集、召开合法有效。本次董事会会议经审议通过如下决议： 一、审议通过《2025 年第三季度报告》 根据中国证券监督管理委员会及深圳证券交易所的相关要求，公司编制的 《2025 年第三季度报告》真实、完整地反映了公司 2025 年 9 月 30 日的财务状况 以及 2025 年前三季度的经营成果。同意公司编制的《2025 年第三季度报告》。 《2025 年第三季度报告》详见公司指定信息披 ...