Company and Industry Summary Company Overview - The company reported a net profit loss of 33.61 million yuan for the first three quarters of 2025, a significant decline year-on-year, primarily due to revenue and expense growth [2][6] - As of September 30, 2025, the total order backlog was 480 million yuan, with a quarter-on-quarter increase of approximately 17% and a year-on-year increase of over ten percentage points [2][4][15] - The company has approximately 950 employees, an increase of about 250 from the end of 2024, contributing to short-term profit pressure [2][6] Core Business Insights - The company focuses on R&D in the education sector, with R&D investment increasing by 7.82% year-on-year [2][6] - The company has optimized algorithms, achieving a performance improvement of 100% under the same computing power, with accuracy rates exceeding 98% [2][7] - In the smart education sector, the company launched 70 AI and simplified products, covering the entire process from lesson preparation to evaluation [2][9] Revenue Breakdown - As of Q3 2025, the company's revenue was 190 million yuan, showing a significant decline compared to the same period last year, mainly due to seasonal fluctuations [3] - The smart education business accounted for 79% of total revenue, while the smart rail transit business accounted for less than 20% [3] Order and Market Outlook - The smart education segment's order volume is close to 100 million yuan, with an 80% increase from June 30, 2025 [2][5][15] - The company anticipates significant growth in the AI education market over the next 3-5 years, driven by policy support and expansion in higher education enrollment [10][11] Technological Advancements - In the rail transit sector, the company achieved an accuracy rate of over 95% in real-world testing in Jinan Metro, with AI smart inspection products reducing inspection time from 7 hours to 2.5 hours [2][8] - The company has implemented AI classroom quality diagnostics with over 90% human replacement rate, already in use at institutions like Beihang University [2][7] Future Developments - The company plans to continue expanding its product offerings, with nearly 100 new products expected by the end of 2025 [2][14] - The focus remains on enhancing AI capabilities in both hardware and software, with significant advancements in smart classroom technologies [2][16] Conclusion - The company is positioning itself as a leader in the AI education market, with a strong emphasis on R&D and product innovation, despite facing short-term profit challenges due to increased expenses and seasonal revenue fluctuations [2][6][10]

Group 1: Financial Performance - In the first nine months of 2025, the company achieved a revenue of 190 million CNY, with education revenue accounting for 79% [3] - Revenue fluctuations were primarily influenced by seasonal factors, with a significant decrease of 93.1 million CNY in rail transit project acceptance impacting overall revenue [3] - The company’s R&D investment increased by 7.82% year-on-year, reflecting a commitment to key areas such as industry models and AIGC applications [3] Group 2: Operational Insights - The company expanded its national sales network, increasing total employees by approximately 250 compared to the end of 2024, leading to a rise in operational expenses by 14.97 million CNY [3] - As of September 30, 2025, the total order backlog was 480 million CNY, representing a year-on-year growth of 13% [4] - Orders for smart education increased by 80% compared to the end of the first half of 2025 [4] Group 3: AI Education Products - The company has made significant advancements in AI education products, launching numerous new hardware and software solutions in 2025 [4] - AI classroom solutions have been fully AI-enabled, with products such as smart blackboards and interactive systems already in mass production and deployed in multiple educational institutions [4] - The company has developed a comprehensive support system from data collection to backend applications, aiming to provide systemic solutions covering the entire teaching process [4] Group 4: Market Engagement - The company maintains high customer retention in Beijing while successfully penetrating new clients in various regions, including significant projects in Wuhan and Shanghai [4] - AI teaching revenue is primarily project-based, with individual project values ranging from 1 million to 10 million CNY, while service-based revenue remains lower but is expected to grow as AI and data services evolve [3]

Core Insights - As of October 20, 2025, the total number of accounts for the company is 38,136, excluding merged margin trading and securities lending accounts [1] - Among these accounts, 37,590 are individual accounts, while 546 are institutional accounts [1]

Group 1 - The core point of the article is that Jingyeda (SZ 003005) held its 17th meeting of the third board of directors on October 27, 2025, to review proposals regarding the revision and establishment of certain management systems [1] - For the first half of 2025, Jingyeda's revenue composition was as follows: examination and examination services accounted for 52.39%, urban rail transit security accounted for 25.77%, smart education accounted for 21.78%, and others accounted for 0.06% [1] - As of the time of reporting, Jingyeda's market capitalization was 5.3 billion yuan [1] Group 2 - The article also mentions a company promoting the tokenization of real estate overseas, with claims that individuals can earn significant returns by participating in their scheme [1]

Core Insights - The company reported a significant decline in revenue and profit for the first three quarters of 2025, with total revenue at 191 million yuan, down 36.79% year-on-year, and a net profit attributable to shareholders of -33.61 million yuan, down 238.08% year-on-year [1][2]. Financial Performance - Basic earnings per share for the reporting period were -0.15 yuan, with a weighted average return on equity of -1.82% [2]. - The company's gross margin for the first three quarters was 47.20%, a decrease of 2.99 percentage points year-on-year, while the net margin was -17.62%, down 25.57 percentage points from the previous year [2]. - In Q3 2025, the gross margin was 46.88%, down 4.44 percentage points year-on-year and 1.34 percentage points quarter-on-quarter, with a net margin of -20.19%, a decline of 44.39% year-on-year and 22.82 percentage points quarter-on-quarter [2]. Expense Analysis - Total operating expenses for the period were 142 million yuan, an increase of 18.44 million yuan year-on-year, with an expense ratio of 74.63%, up 33.57 percentage points from the previous year [2]. - Sales expenses increased by 22.39%, management expenses rose by 11.65%, while research and development expenses decreased by 7.90%, and financial expenses surged by 86.38% [2]. Shareholder Information - As of the end of Q3 2025, the total number of shareholders was 32,400, an increase of 5,120 or 18.73% from the end of the previous half [3]. - The average market value per shareholder decreased from 171,100 yuan to 146,800 yuan, a decline of 14.24% [3]. Company Overview - Beijing Jingyeda Digital Technology Co., Ltd. was established on October 17, 1997, and listed on September 22, 2020. The company focuses on providing information technology products and solutions for educational informatization and urban rail transit security, while also expanding into smart city sectors [3]. - The revenue composition includes 52.23% from solution services, 43.94% from sales, and 3.82% from operation services and others [3]. - The company belongs to the computer-IT services industry and is associated with concepts such as small-cap stocks, rail transit, intelligent transportation, IoT, and security [3].

北京竞业达数码科技股份有限公司 董事会战略委员会工作细则 第一章 总则 第一条 为适应北京竞业达数码科技股份有限公司（以下简称"公司"）战 略需要，增强公司核心竞争力，确定公司发展规划，健全投资决策程序，加强决 策科学性，提高重大投资决策的效益和决策的质量，完善公司的治理结构，并使 董事会战略委员会（以下简称"委员会"）工作规范化、制度化，根据《公司法》 等法律、法规、规范性文件及《公司章程》的相关规定，公司特设立董事会战略 委员会，并制定本细则。 第二条 委员会是董事会下设专门机构，对董事会负责，主要负责对公司 长期发展战略、重大投资决策、可持续发展规划及 ESG 工作进行研究并提出建 议。 第二章 人员组成 （一）根据公司经营情况以及市场环境变化情况，定期对公司经营目标、中 长期发展战略进行研究并提出建议； （二）对《公司章程》规定的须经董事会批准的重大投、融资方案进行研究 并提出建议； （三）对《公司章程》规定须经董事会批准的重大交易项目进行研究并提出 建议； 第三条 委员会委员由三名董事组成，其中应至少包括一名独立董事。 第四条 委员会委员应由董事长、二分之一以上独立董事、或全体董事的 三分之一提名， ...

北京竞业达数码科技股份有限公司 董事会提名委员会工作细则 第一章 总则 第一条 为规范北京竞业达数码科技股份有限公司（以下简称"公司"） 董事和高级管理人员的产生，优化董事会和高级管理人员的组成，完善公司治 理结构，根据《公司法》等法律、法规、规范性文件和《公司章程》的相关规 定，设立董事会提名委员会（以下简称"委员会"），并制订本细则。 第二条 委员会是董事会下设专门机构，对董事会负责，主要负责对公 司董事、高级管理人员的人选、选择标准和程序进行研究、审查并提出建议。 第二章 人员组成 第三条 委员会委员由三名董事组成，其中独立董事应当过半数。 (一) 提名或者任免董事； (二) 聘任或者解聘高级管理人员； (三) 法律、行政法规、中国证监会规定和公司章程规定的其他事项。 (四) 董事会对提名委员会的建议未采纳或者未完全采纳的，应当在董事 会决议中记载提名委员会的意见及未采纳的具体理由，并进行披露。 第四条 委员会委员应由董事长、二分之一以上独立董事或全体董事三 分之一以上提名，并由董事会选举产生。 第五条 委员会设一名主任委员（召集人）负责主持委员会工作并召集 委员会会议。主任委员在由独立董事担任的委员中 ...

北京竞业达数码科技股份有限公司 第一章 总则 第一条 为规范北京竞业达数码科技股份有限公司（以下简称"公司"） 对外担保行为，有效控制公司对外担保风险，保证公司资产安全，根据《公司 法》等法律、法规、规范性文件及《公司章程》的相关规定，制定本制度。 第二条 本制度所称对外担保，是指公司根据《中华人民共和国民法典》 及其他法律、法规和规范性文件的规定，为他人提供担保，不包括公司为公司 自身债务提供的担保。 第三条 公司为直接或间接控股子公司（以下统称"子公司"）提供担 保，适用本制度。 第四条 未经公司董事会或股东会批准，公司不得提供对外担保。 第二章 对外担保的审批 第五条 公司对外担保事项的审批权限根据《公司章程》的有关规定执 行。 第六条 董事会应指定公司财务部门或其他部门为对外担保具体事项 的经办部门（以下简称"经办部门"）。 对外担保管理制度 第七条 董事在审议对外担保议案前，应当积极了解被担保方的基本情 况，如经营和财务状况、资信情况、纳税情况等。 董事在审议对外担保议案时，应当对担保的合规性、合理性、被担保方偿 还债务的能力以及反担保措施是否有效等作出审慎判断。 董事在审议对公司的子公司、参股公司 ...

北京竞业达数码科技股份有限公司 董事、高级管理人员离职管理制度 第一章总则 董事提出辞任的，公司应当在提出辞任之日起 60 日内完成补选，确保董事 会及其专门委员会构成符合法律法规和《公司章程》的规定。 担任法定代表人的董事长辞任的，视为同时辞去法定代表人。公司应当在 法定代表人辞任之日起三十日内确定新的法定代表人。 第四条 董事任期届满未获连任的，自股东会选举产生新一届董事会之日 自动离职。 1 第五条 股东会可以决议解任董事，决议作出之日解任生效。无正当理由， 在任期届满前解任董事的，董事可以要求公司予以赔偿。 第六条 公司高级管理人员可以在任期届满以前提出辞职。有关高级管理 人员辞职的具体程序和办法由其与公司之间的劳动合同规定。 第一条 为规范对北京竞业达数码科技股份有限公司（以下简称"公司"） 董事、高级管理人员离职管理，保障公司治理稳定性及股东合法权益，根据《中 华人民共和国公司法》《中华人民共和国证券法》《上市公司章程指引》等法 律、行政法规及规范性文件和《公司章程》的有关规定，制定本制度。 第二条 本制度适用于公司董事（含独立董事）及高级管理人员因任期届 满、辞任、被解除职务或其他原因离职的情形 ...

北京竞业达数码科技股份有限公司 对外投资管理办法 第一章 总则 第一条 为规范北京竞业达数码科技股份有限公司（以下简称"公司"）及 控股子公司的对外投资行为，提高资金运作效率，保护公司和股东的利益，建立 规范、有效、科学的投资决策体系和机制，避免投资决策失误，化解投资风险， 提高投资经济效益，实现公司资产的保值增值，根据《公司法》等法律、法规、 规范性文件及《公司章程》的相关规定，制定本办法。 第二条 本办法所称对外投资的范围根据《公司章程》的释义确定。 公司及公司合并报表范围内的控股子公司的一切对外投资决策受本办法规 制。 公司购买及出售资产不受本办法约束。 第二章 对外投资的审批权限 第四条 公司对外投资实行专业管理和逐级审批制度。 第五条 对第二条所指的公司投资行为，根据《公司章程》的规定，分别由 公司经营层、董事会及股东会审批。 第三条 对外投资的原则： （一） 必须遵循国家法律、法规的规定； （二） 必须符合公司的发展战略； （三） 必须规模适度、量力而行，不能影响公司主营业务的发展； （四） 必须坚持效益优先的原则。 证券交易所股票上市规则》的相关规定执行。公司对外投资设立有限责任公司或 者股份有 ...