Core Viewpoint - Beijing Keri Group Co., Ltd. has not yet initiated its share repurchase plan, which was approved on August 26, 2025, despite a budget of 50 million to 100 million RMB allocated for this purpose [1][2]. Summary by Sections Share Repurchase Plan Overview - The share repurchase plan was approved during the eighth board and supervisory board meetings on August 26, 2025, with a total budget set between 50 million RMB (inclusive) and 100 million RMB (inclusive) [2]. - The maximum repurchase price is capped at 9.90 RMB per share, and the repurchase period is set to last until August 25, 2026 [2]. - The shares repurchased are intended for future implementation of an equity incentive plan or employee stock ownership plan [2]. Current Status of Repurchase - As of October 31, 2025, the company has not executed any share repurchases through the designated securities account via centralized bidding [2][3]. - This indicates that over two months have passed since the approval of the repurchase plan without any concrete actions taken [2]. Compliance and Future Plans - The company asserts that its share repurchase activities will comply with relevant regulations, including the Shenzhen Stock Exchange's guidelines [3]. - The company has not engaged in repurchase activities during significant decision-making periods that could impact stock prices, and the bidding prices have not reached the daily price limit [3]. - The company plans to implement the repurchase based on market conditions within the remaining 10 months of the repurchase period [3].

证券代码：002350 证券简称：北京科锐 公告编号：2025-087 北京科锐集团股份有限公司 关于股份回购进展情况的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 北京科锐集团股份有限公司（以下简称"公司"）于2025年8月26日召开第八 届董事会第十四次会议与第八届监事会第八次会议，审议通过《关于回购公司股 份的方案》，同意公司使用自有资金及金融机构借款以集中竞价交易方式回购股 份，回购资金总额不低于人民币5,000万元（含），不超过人民币10,000万元（含）； 回购股份价格不超过人民币9.90元/股，回购期限自董事会审议通过本次回购方案 之日起不超过12个月，具体回购数量以回购期满时实际回购的股份数量为准，回 购股份用于后期实施股权激励计划或员工持股计划。 根据《上市公司股份回购规则》《深圳证券交易所上市公司自律监管指引第 9 号——回购股份》（以下简称"《回购指引》"）等相关规定，上市公司在回购 期间应当在每个月的前 3 个交易日内公告截至上月末的回购进展情况。现将公司 回购进展情况公告如下： 一、回购股份的具体情况 截至 2025 年 10 ...

Group 1 - The virtual power plant index increased by 2.01% during intraday trading [2] - Several constituent stocks performed actively, with Zhongneng Electric and Sifang Co., Ltd. reaching the daily limit [2] - New Alliance Electronics rose by 8.84%, Kelu Electronics increased by 4.07%, and Beijing Keri gained 3.57% [2]

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].

Core Insights - Beijing Keri reported a revenue of 1,437,882,516.56 yuan for the first three quarters of 2025, representing a year-on-year growth of 14.16% [2] - The net profit attributable to shareholders of the listed company reached 28,989,797.52 yuan, showing a significant year-on-year increase of 1417.63% [2] Financial Performance - Revenue for the first three quarters of 2025: 1,437.88 million yuan, up 14.16% year-on-year [2] - Net profit for the same period: 28.99 million yuan, up 1417.63% year-on-year [2]

Core Viewpoint - Beijing Keri reported significant growth in net profit for the first three quarters of 2025, indicating strong operational performance despite a slight decline in the third quarter [1] Financial Performance - The company's revenue for the first three quarters reached 1.438 billion yuan, representing a year-on-year increase of 14.16% [1] - The net profit attributable to shareholders for the same period was 28.99 million yuan, showing a remarkable year-on-year growth of 1417.63% [1] - In the third quarter, the company generated revenue of 500 million yuan, which is a slight increase of 0.49% year-on-year [1] - The net profit for the third quarter was 11.99 million yuan, reflecting a year-on-year decrease of 12.77% [1]

Core Viewpoint - Beijing Keri (002350.SZ) reported a significant increase in revenue and net profit for the first three quarters of 2025, indicating strong financial performance and growth potential [1] Financial Performance - The company achieved an operating revenue of 1.438 billion yuan, representing a year-on-year growth of 14.16% [1] - The net profit attributable to shareholders reached 28.99 million yuan, showing a remarkable year-on-year increase of 1417.63% [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 24.57 million yuan, reflecting a substantial year-on-year growth of 543.43% [1]

Core Insights - Beijing Keri Group Co., Ltd. reported a revenue of 1.438 billion yuan for the first three quarters of 2025, representing a year-on-year growth of 14.16% [1] - The net profit attributable to shareholders reached 29 million yuan, showing a significant year-on-year increase of 1417.63% [1] Business Overview - The main products of Beijing Keri focus on distribution equipment, primarily serving the State Grid Corporation and China Southern Power Grid, while also expanding into the renewable energy market, including energy storage and photovoltaics [1] - The company supplies most of its distribution equipment products through bidding processes to the State Grid and China Southern Power Grid, with additional applications in sectors such as rail transportation, metallurgy, petrochemicals, and coal [1] Strategic Initiatives - With the ongoing reform of the electricity system, Beijing Keri is consolidating its advantages in the distribution equipment sector while actively developing IGBT, solar energy storage, and hydrogen charging technologies [1] - The company collaborates with leading industry players to explore the development of renewable energy and integrated energy service businesses, aiming to provide comprehensive solutions that include renewable energy generation, storage, charging, hydrogen utilization, and integrated energy management [1]

Group 1 - Beijing Keri reported a revenue of approximately 1.438 billion yuan for the first three quarters of 2025, representing a year-on-year increase of 14.16% [1] - The net profit attributable to shareholders of the listed company was approximately 28.99 million yuan, showing a significant year-on-year increase of 1417.63% [1] - Basic earnings per share reached 0.0563 yuan, which is an increase of 1463.89% compared to the previous year [1] Group 2 - As of the report, Beijing Keri's market capitalization stands at 4.2 billion yuan [2] - The A-share market has surpassed 4000 points, marking a significant resurgence after a decade of stagnation, with technology leading the market's transformation [2]